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C741 New Currency



C741 New Currency

"A new currency!"    

    

Many of the representatives could not believe their ears. Lu Fanfeng was actually releasing his own currency.    

    

After the second world war, the global mainstream trend has shifted from direct conflict to finance.    

    

Especially since America had forced disintegration, countries paid more attention to financial wars.    

    

After all, the end result of a war was to gain benefits. When another method was found that allowed one to gain benefits through other means, there was naturally no need for a war.    

    

Throughout world history, every country has experienced economic depression.    

    

This was something that Russia understood the most.    

    

At that time, before the disintegration of the Red Empire, the rouble had greatly decreased in value.    

    

Countries that had been in arrears with Russian money for various reasons took advantage of the rouble's devaluation to start repayment.    

    

The representative of one of them was India.    

    

When the India was in arrears by tens of billions of roubles, during the peak period of the Red Empire, the rouble was worth more than the dollar, so 0.65 roubles could be exchanged for a dollar.    

    

But with the disintegration of the Red Empire, the rouble instantly became toilet paper, and its value plummeted.    

    

At the lowest, two hundred roubles for a dollar.    

    

The ten billion rubles of loans owed to Russia instantly decreased by more than three hundred times.    

    

India naturally could not wait to return the money, and had also made a fool out of Russia.    

    

The devaluation of the rouble is just a microcosm of what has happened in almost all the countries of Britain, France and Germany.    

    

After a sharp devaluation of the national currency, many creditors would come to the door and demand repayment.    

    

When Lu Fanfeng announced that he was going to release a new currency, many people thought of this possibility.    

    

With the strength of the countries at that time, they could indeed turn the Saha Coin into toilet paper.    

    

Thinking of this, everyone understood why the Russian representative had the attitude of a victor.    

    

500 billion Saha Coin might seem like a lot, but after the Saha Coin devalues, it might only be able to be exchanged for a few dollars.    

    

There are too many similar examples in history, and the representative was the time of the Republic of China in Central Plains.    

    

The largest denomination in the history of the world was born in that era. A single denomination was worth fifty billion, but it could only be exchanged for a few dollars.    

    

All the nations of the world are working together, they can definitely reproduce such a grand occasion, and they can even help Lu Fanfeng set a new world record, making Saha Coin the cheapest currency possible.    

    

At that time, Lu Fanfeng might not even be able to recoup the cost of printing.    

    

500 billion Saha Coin, in the end, might only be able to be exchanged for a hundred dollars.    

    

In other words, Russia could solve the current crisis with only a hundred dollars.    

    

Moreover, the careful representatives found out that the economic cooperation between Russia and the Saha Federation was all paid for in United States dollars.    

    

In other words, Russia's war reparations could not be used for subsequent economic cooperation.    

    

Thinking of this, the representatives of the various countries immediately revealed smiles.    

    

Although Lu Fanfeng was strong, he didn't understand finance, and underestimated the strength of other nations.    

    

This was also what laid the groundwork for his defeat.    

    

"Master Lu, how much is the exchange rate between the Saha Coin and the United States dollar?" Someone suddenly asked.    

    

Representatives were not concerned about the issue.    

    

In the modern financial order, the value of money is determined not by man but by the market.    

    

If many people fought to exchange for Saha Coin, this kind of currency would rise greatly.    

    

Conversely, devaluation occurs.    

    

Ordinarily, with the exception of the big countries of the time, none of the other countries had the ability to customize their currencies.    

    

However, Lu Fanfeng seemed to not know about this. Hearing this question, he immediately replied, "Saha Coin s can be exchanged for ten dollars!"    

    

Upon hearing this, some reporters could not help but laugh.    

    

Even Richard couldn't help but smile.    

    

A strong euro sterling would have allowed for such an exchange rate.    

    

But the value of the euro and the pound was much higher than that of the Saha Coin.    

    

Only countries with developed economies could withstand a high exchange rate. If they rashly increased the exchange rate, it would be of no benefit to small countries.    

    

Since Lu Fanfeng was talking nonsense, everyone naturally thought that he did not know anything about modern finance.    

    

With the release of the Saha Coin, the signing ceremony started once again.    

    

The modern world no longer belonged to the Martial Cultivator. Only the truly wise could control this era.    

    

No matter how strong Lu Fanfeng was, he had to lower his head like a wise man.    

    

The news quickly spread to all countries, and as for how to fight against the Saha Coin, all countries began to formulate corresponding policies.    

    

At the same time, Lu Fanfeng began to officially release the Saha Coin.    

    

Due to the special nature of Saha Federation, Lu Fanfeng currently did not have the ability to create money, so he could only ask for help to create money.    

    

The Central Plains was naturally the best choice. With Lu Fanfeng's influence in the Central Plains, he quickly contacted the coin factory.    

    

All of the designs and printing would be handed over to the Central Plains. Lu Fanfeng had to consider how to guarantee the value of this currency.    

    

In the Central Plains's Jinling City, Tang Yanran finished her day's work and returned to her residence.    

    

After two years, Tang Yanran had already completed her studies and stepped into society.    

    

Different from ordinary university students, Tang Yanran did not need to worry about her work. After all, she had a strong Tang Family behind her back.    

    

In order to give Tang Yanran a chance to practice her skills, Tang Family had directly contributed and helped Tang Yanran to establish an advertising company.    

    

Although the scale of the company was small, to Tang Yanran, it was a chance to prove herself.    

    

She didn't want to be like her older brother and sister, idle around everyday and become a rich second-generation that everyone hated.    

    

After cleaning up, it was already eleven o'clock.    

    

Tang Yanran who was extremely tired did not immediately sleep, but turned on her own computer.    

    

Although she was not Martial Cultivator, she liked to pay attention to the news of the underground forums, because there would be the latest news on Lu Fanfeng.    

    

A while ago, Lu Fanfeng returned with a monstrous aura, but he didn't kill his way back like last time.    

    

After a simple reading, Tang Yanran did not see any interesting posts.    

    

Just as she was about to close the forum, she suddenly saw a message.    

    

"The Saha Federation has been announced. The first magic tool auction is to be held at the end of this month!"    

    

Ye Zichen clicked on the thread, and saw only some pictures and simple captions.    

    

Due to the poor post production, it did not attract the attention of the people concerned.    

    

Even though there weren't many people in the underground forums, they were nearly wiped out.    

    

However, when Tang Yanran saw the name of the publisher, she instantly became excited.    

    

"Taoist Fanfeng, isn't this Lu Fanfeng's account?" Tang Yanran said excitedly.    

    

Two years ago, at the Hong Kong Island, he had wrongly released the secret information of the special department. This matter was suppressed by Lu Fanfeng for her.    

    

At that time, out of curiosity, Lu Fanfeng helped him to register the underground discussion forum's account.    

    

When he typed in the nickname, Lu Fanfeng used this name.    

    

It was precisely because of this nickname that Tang Yanran still remembered it vividly.    

    

"Lu Fanfeng is preparing to sell his tools, this is big news!" Tang Yanran immediately noticed the business opportunity. As an advertising agency, if he could take over this matter, it would definitely be a windfall.    

    

Others might not know, but how could Tang Yanran not know about it? Just the name Lu Fanfeng was enough to guarantee the income of this auction.    

    


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