Since ancient times, most of the tragedies that have been staged at the gambling table have always been rare, and comedies have always been rare. Those who have dreams of becoming rich overnight are always playing the story of disappearing from the world after their dreams are shattered, and such people keep appearing and disappearing. It wasn't until the casino was burned to the ground by a rival gangster, or shut down by the police, or blown into the air by a lossing regular. After a while, it starts again in a new place, and it is still a familiar story and a familiar ending......

Now the story of the gambler and the dealer is playing out again. The speculative syndicate, which is a gambler, is confident, but Yalfheim, who is the bookmaker, is quiet. The disparate performances of the two sides have made one intently inclined to agree with the rhetoric that the speculative syndicate had previously unleashed – 100 points for the military, 80 points for politics, and zero points for the economy.

These words are not untargeted, nor are they the cunning speculators of the speculative syndicate who are sneering about what is going on with the consortium, forgetting how Alfheim got started. At that time, the objective environment was indeed not optimistic.

Because of the indiscriminate issuance of gold yuan by the Charlemagne Kingdom and the damage caused by the war, the entire Charlemagne's economic situation was in chaos. Agricultural production has been reduced, factories have closed down, traffic has been blocked, materials are in short supply, prices are soaring, unemployment is abundant, and all industries are depressed. Coupled with the floods in the south, the situation is becoming more and more difficult. Charlemagne's overall economic data showed a sharp contraction compared to before the war. The total industrial output value fell by half, of which heavy industry fell by 70 percent, light industry by 30 percent, agriculture by about 35 percent, and total grain output was less than 40 percent before the war. The per capita national income is equivalent to two-thirds of the national average – a benchmark that includes a populous country like the Principality and the equally shattered crowns of Castile, Ostoria and St. István, and the majority of Charlemagnes are in abject poverty.

In the process of issuing gold yuan bills, these people have eaten a large amount of gold and silver thrown by the government to stabilize the market, stuck the circulation of materials in the market, and put the hoarded materials into the black market for trading, which induced the market to be out of stock and prices soaring, which in turn triggered the government to further cancel the upper limit on the issuance of gold yuan bills, and eventually caused the economy to collapse. When Charlemagne declared defeat, these people collaborated to embezzle and divide the army's pensions and severance and resettlement expenses through accounting and other means, which further intensified Charlemagne's financial difficulties.

Although the consortium should not be underestimated, this group of veterans who bought and sold short is not a fuel-efficient lamp. At first glance, the two sides seem to be quite evenly matched.

Two seemingly indistinguishable contenders, one of whom loudly declares that he will win, and the other does not say a word. This way of appearing will somewhat affect the audience who are already inclined in their hearts, and many onlookers who hope that Alfheim will suffer some setbacks will help the crowd, and the entire trend of public opinion will naturally show a one-sided trend. Only a very small number of people who are not coerced by the public voice and can objectively and calmly look at the general situation will notice that Yalfheim is repairing roads and transporting supplies at the level of preparing for a group army campaign, and what is represented behind this inconspicuous act is precisely the core that determines the direction of this economic war.

As pointed out in the total war, the core factor in achieving victory is the speed and degree of mobilization of the two belligerents, and whoever can complete the mobilization before the other side can grasp the opportunity of the war and be closer to victory. It is the organizational capacity of the government that determines the speed and depth of mobilization. In today's world, there is no government or organization that is more organized than in Järfheim. Relying on efficient systems and transportation networks, the Defence Force is able to maneuver faster and longer distances than its opponents, and its ability to continue operations is also stronger. Therefore, they were able to quickly surround the main force of Charlemagne's army, which entered the Rhine front, and finally won the victory.

When this organizational ability is applied to economic warfare, the energy on display is equally formidable.

In previous wars, it was the soldiers, equipment, ammunition, food, and clothing carried by trains and huge motor vehicles that determined the outcome of the war, but now it is also the huge materials that are being assembled and transported that determine the direction of economic warfare.

With the development of the times, a simple and basic economic principle has slowly faded out of people's sight, especially after the rise of the financial industry, it seems that only exchange rates, stocks, funds, financial derivatives, etc. are synonymous with the economy. Traditional brick-and-mortar trade has become synonymous with "dirt" and "obsolescence", and is no longer representative of the economy.

However, in fact, any kind of currency, whether it is gold or silver, or paper money, is only a circulation tool with credit guarantees. If you can't buy goods, it's all waste. What people need in life is firewood, rice, oil and salt, not gold and silver, not banknotes and stocks, and the currency that can be exchanged for various daily necessities is the so-called money. So fundamentally, the supply of goods is the foundation of monetary stability. In another world, after the United States abolished the gold standard in the 70s of the 20th century, it decisively launched the petrodollar strategy, thus gradually establishing its hegemonic position in the future. As long as Middle Eastern oil is still settled in US dollars, the US dollar can continue to maintain its status as the mainstream international reserve currency. This is because modern society is sustained by the black blood of oil, without which the whole country would be paralyzed, and if you want to buy oil, you must first exchange your products for dollars printed in the United States......

The Mark of Alfheim is actually based on the same principle, but it is bound to the industrial products produced by Alfheim. Since these industrial goods can only be produced in Alfheim, in order to maintain a standard of living, people have to exchange their products for Alfheimmak first, and then buy those industrial products.

Gambling against such a group of veterans who are well versed in economic operations, it is too late to mention the spirit of 120,000 points, and Charlemagne's parasites dare to speak out. Obviously, the previous experience of winning the bet with the Charlemagne government and making a lot of money has overwhelmed their minds, and they can't even see the most basic reality clearly. Nor do these people want to think that the important conditions on which they relied to win before – a government that knows nothing about the economy, corrupt officials, deep economic power, vast political power, and an all-knowing intelligence network – are no longer of any use in this economic war. The government has collapsed, the officials are worried about their future, all the cards in their hands are in the hands of their opponents, and even the vaunted economic power that can disrupt prices is not worth mentioning in front of Yalfheim.

One side deploys troops and carefully counts the hole cards in their hands, while the other side is empty-eyed and blindly applies outdated experience to examine the current situation. The sober-minded observer does not even need exhaustive information to understand that this war, like the war between Alfheim and the kingdom of Charlemagne, is already a doomed victory before it has even begun.

At the end of the month, the sales company with the name of the consortium was listed, and an economic massacre officially began.