0534 Credit Central Bank established
At the scene of the order fair on Kada Island, Chen Suping's words were not finished. Before everyone's expressions were completely relaxed, Chen Suping added another sentence.
"Although the settlement currency of this trade is the meter dollar, in the form of the transaction, we Huaguo Xingkong should be slightly flexible. Chen Suping said.
A slight workaround? What a workaround? Question marks immediately popped up in everyone's heads.
"Anyone who needs to trade with us needs to open a card credit account in the management system of Qatar Island in advance, and exchange your rice dollar funds into credits to save. When trading, we will deduct your credit value directly. Chen Suping said with a smile.
The representatives of the enterprise were immediately stunned. Wouldn't that be a fart with your pants off – too much?
But slowly, there seems to be another meaning for the Star Group to do this. Moreover, there are some specific problems with the exchange of Qatar credits with the meter dollar in itself.
"May I ask Mr. Chen, is the ratio of Kada Island's credit points to rice dollars the current one-to-one?" someone asked.
"It's one to one at the moment. Chen Suping replied.
Everyone noticed the word 'current' that Chen Suping said.
"May I ask Mr. Chen, will the price of credit points change to rice dollars?" someone asked again.
"Of course there is a change. For example, if the Mi Guo Zhengfu suddenly issued an additional 100 trillion rice yuan, could they use this 100 trillion rice yuan to exchange for 100 trillion Kada Island credits? There is no such good thing in the world, right?" Chen Suping immediately replied.
The faces of all the delegates immediately changed slightly. Grabbing the wealth of other countries by issuing excessive rice dollars is not exactly the usual method used by the government of the United States. And this is also the main reason why the people of the United States must firmly control the financial hegemony.
This factor is an open secret, and it has always been rarely mentioned in public. I didn't expect Chen Suping to say it so loudly.
However, after a careful examination, what Chen Suping said is actually not unreasonable. Star Group is not obliged to pay for the over-issuance of rice dollars by the Ministry of Rice. If you want the Star Group to pay, then let the Mi Guo Zhengfu conquer the Star Group first.
In the conference room of the Presidential Palace of the Green Palace of the United States, several bigwigs looked inexplicable.
"It seems that the Star Group is not friendly to us. Hoss said a little angrily.
"Yes, they ostensibly use the meter dollar as the settlement currency, but with such a workaround, our meter dollar still can't take advantage of them in the slightest. However, this behavior is not unfriendly to us. It's just a sign that they want to defend their own interests. Banksy said in a quiet tone.
"Forget it, we have no choice but to endure this breath for the time being. Fortunately, they finally saved face for our rice yuan on the surface. Payne thought for a moment and said helplessly.
The scene of the order fair on the island of Kada.
"Chief Chen, according to what you say, doesn't the value of your credit points change from the meter yuan to the moment of change? Do you want to use your credit points as official currency into the international monetary system?" a representative asked.
"Sir, I have to tell you, our credit points are constantly changing not only against the dollar but also against other major currencies in the world. Our supercomputer will also calculate the value of credits compared to other currencies at all times, and publish the exchange rate on the Chinese section. Once we have finished negotiating, the exchange rate will start to be announced. At the time I speak, the price of Kada Island is one to one in terms of the price of the Rice Dollar. As for the question you asked about whether our credits are intended to enter the international monetary system, I am not in a position to give you a clear answer for a while. But what is certain is that we will not actively pursue this. For the time being, the Kada Credit Points are only circulating in the social system formed by the more than 10 million islanders of Kada Island, and its monetary value is exerted. As for whether it will be accepted by the social system outside of Kada, whether it will enter the international monetary system, we do not care. Chen Suping said.
Representatives of the business were dumbfounded. Chief Chen, do you believe what you said? You have formulated a exchange rate comparison for the currencies of various countries for your credit points, and you obviously regard yourself as a character. With such a large weight in today's Earth society, who would dare not take the credits issued by Qatar Island seriously?
As a result, Chen Yue's intention to promote credit points was suddenly revealed in front of the global human race.
Fortunately, Kada is acting more modestly and does not force it. Although countries around the world have seen Kada's intentions, they are not too concerned. Whether or not Qatar's credit points can be squeezed into the international monetary system depends on Qatar's own ability and the degree of future developments.
"By the way, I would like to take this opportunity to announce one more thing to you. The Central Bank of Kada was officially announced from this moment on. The Central Bank of Qatar is primarily responsible for the management of all credit points issued and is accountable to all credit users. The credit account of the islanders of Qatar Island will be automatically converted to a central bank account with immediate effect. In the future, your credit account will also be processed at the Central Bank of Qatar. This message has been posted on the Huaguo section. Chen Suping said again.
People who are concerned about this matter around the world immediately landed on the Chinese section, and sure enough, they saw the news of the official establishment of the central bank on the island of Qatar. In the message, there is also a link to the exchange rate of Qatar credits for the 14 major currencies currently on the planet. Among them, the exchange rate of the Kada Island credit against the meter dollar is impressively one to one.
"The signs of the establishment of the Star Group are getting stronger and stronger. The management is there, the people are there, the army is there, and now the finances are there. It's just that why didn't anyone from the headquarters of the Star Group still show up? Could it be that they didn't suddenly appear until the last moment of the founding of the country?"
The meeting room of the Presidential Palace of the Green Palace of the United States.
"Well, what if they set up a central bank, and they don't have to accept our exploitation until their credit points are recognized and circulated by all the countries?" Banksy said with a cold snort.
Payne and the others nodded repeatedly.
Indeed, in order for every currency to be widely recognized, in addition to the authoritative credit of the issuing authority, it must also have a solid material foundation as the greatest guarantee. Now, not to mention the authority of the management body of Qatar Island among the global people, in terms of the material foundation alone, about two-thirds of the huge wealth of the Star Group is still reflected by their savings of rice dollars in countries around the world. Only one-third of their wealth is represented by the savings of Chinese dollars and other countries' currencies.
In this case, if the rice country overissues the rice dollar, the Star Group's rice dollar savings will still be exploited.
This made Payne and the others feel a little better.
But Payne and the others didn't know that this situation was only temporary. Chen Yue had a complete plan for this for a long time. Chen Yue is now just for the sake of the general stability of the earth's situation, and he has to let the people of the United States continue to enjoy the benefits brought to them by financial hegemony. And the promotion of Kada Island Credit itself also takes time.
Since the real basis of money is a solid material supply capacity, when the advanced products produced in the industrial production belt in the southern region of Tani are spread all over the world, Kada credit points do not need to be actively promoted by the management department of Qatari Island, and all the people on the earth will spontaneously pursue Qatar credit points, and regard Qatar credit points as an important medium for their wealth preservation and appreciation.
It may not be possible to wait for the day when Carda Island Credit will be able to achieve this goal.
Currency management is a very complicated and error-prone business. To manage it accurately, it requires astronomical calculations. But these calculations are simply not worth mentioning in Xiao Qian.
In fact, when the news of the establishment of the Central Bank of Qatar Island was announced in the Huaguo section, some people on earth who were more keenly aware saw the value preservation and appreciation function of Qatar Island credit points and the broad prospects of credit points for the first time. Many messages immediately appeared on the Huaguo section. These messages are all asking questions about how to open an account and save money at the Central Bank of Qatar.
Theoretically speaking, Kada Island exists as an isolated island with no natural resources, and the currency it issues is difficult to be credible. Because the power organization that presides over the isolated island can easily be destroyed. Once the host is destroyed, other people's deposits will definitely be in vain.
However, it is now the management of Huaguo Star that is in charge of the island. And behind Huaguo Starry Sky is the global temple of science and technology - Star Group!
Will the Star Group sit idly by and watch the destruction of the island of Ka, apparently not.
For a long time, Star Group has been hidden in the shadows, and let Huaguo Star launch an endless stream of scientific and technological achievements that can cross the times on its behalf. This has long made all the earthlings in awe of the Star Group, and they don't know what amazing technology the Star Group has not yet come up with.
In fact, there have long been rumors on the Internet that Star Group has received alien technological heritage and even directly received alien technological support. It's just that Star Group and Huaguo Star have always turned a blind eye to such rumors, never replied, and never expressed their opinions.
With such a background, how could Ka Island be easily destroyed?
While the exchange of Kada credits with other currencies on the island continued to be discussed at the order fair, Star Group replied to the world's inquiries and messages in a timely manner on the Star website.
Star Group said that on a voluntary basis, everyone on the planet who has an account on the Star website can immediately transfer their account to their bank account at the Central Bank of Qatar. Through this bank account, they can access their own account interface at the Central Bank of Qatar at any time to manage and transfer their funds.
The news spread quickly. In less than 10 minutes, at least a billion Star accounts clicked 'Agree' on the relevant agreement on the Star website and converted their website accounts into bank accounts of the Central Bank of Qatar. Quite a few people also immediately deposited varying amounts of money into their accounts.
These account users want to make a deposit very easily, as long as they have a deposit in another bank in a currency approved by Qatar and are willing to convert it to Qatar Central Bank for deposit, the Qatar Central Bank will do it on their behalf, quickly and without any fees.
Not only is there no commission, but the Central Bank of Qatar has announced that the first 100 million users who deposit credit points with them will each be given 100 credit points.
Although 100 credits is not much, it objectively stimulates more users to actively convert currencies to make deposits.
In about half an hour, a considerable part of the funds in the world's major national banks changed owners. This master is, of course, Huaguo Starry Sky. And the owners of these deposits are now depositors of the Central Bank of Qatar.
Just one piece of news has given Qatar Island credits a sign of global circulation. This progress was so fast, even far beyond Chen Yue's expectations.
Chen Yue never imagined in advance that the human beings on Earth would have such great confidence in the Star Group.