The next morning, there was a long line of people waiting in front of the bank in Sixth Street. Reading at midnight ◇↓◇↓ Xiao◇↓ said,
Under the supervision of NAC soldiers, people handed in the sub-crystals in their hands and replaced them with pieces of paper with special identification codes printed on them. Some simply came out empty-handed.
Is the nac government stealing money
Obviously not. The people in the Sixth District are tough, and every survivor is a master with a gun. And judging from the scrambling expressions on people's faces, it was obvious that they were squeezing in with all their might, for fear that the people at the bank would not accept their Yajing. And those NAC soldiers, in particular, looked like they were intimidating people, rather they seemed like they were maintaining order in the queue.
As for why this is the case, we have to start with a bill announced yesterday.
In order to change the current price chaos in the Sixth Street market, the NAC government will publicly issue a currency called "credit points" through Sixth Street Bank. It is not backed by any precious metal, but NAC guarantees its value with government credit.
At the same time, any goods defined by NAC as special supplies can only be traded with credit points. These products are all products produced by nac's factories. Such as food, industrial Kam resin, rough-processed steel, aluminum, arms, etc., covering almost all basic areas of production and life.
A pound of rice is 5 credits, a piece of compressed biscuit is 2 credits, a pound of flour is 8 credits... Although the prices of these commodities have doubled compared to a month ago, in the current chaotic market, this price is undoubtedly My conscience improved a lot.
2 Yajing can be exchanged for 1 credit point at the bank, and exchanging the credit points back to Yajing requires paying 10% commodity tax. In mid-September, the Sixth Street Bank is expected to issue 5 million credit points, and the NAC government promises to provide 500 tons of rice, 100 tons of flour, and 100,000 compressed biscuits to the market in the spring of next year.
The operating rights of the food trade in Wanghai City were also taken back from the Zhao Group and controlled by the market set up by the NAC government at the west gate of the Sixth Street.
Regarding the issuance of credit points, Chu Nan and Jiang Chen came up with a specific plan after a detailed discussion.
Credit note denominations are 1, 5, 10, and 100. Circulation totals 3 million. The virtual currency issuance is 5 million, which is recorded in the personal DNA code, and can be transferred and paid through the EP implanted with a "credit point transaction chip". All data is stored in the bank database, and virtual transactions can only be carried out in the nac management area where the information transfer station is set up.
Salaries of employees in the nac military zone. It was also changed from Yajing to credit points to prevent Yajing from being demoted and having a shrinking impact on employees' property.
The issuance of credits received widespread support from Sixth Street merchants.
These businessmen are all understanding people. Only a stable order can make their assets steadily increase in value and prevent them from being worthless overnight.
For merchants with larger deposits. Jiang Chen opened special channels to them, released a total of 8 million credit points, and recovered the backlog of Yajing that was gradually depreciating in their hands. This specially issued credit point is stored in the bank accounts of major merchants, and it is stipulated that before November this year, 90% of the credit points redeemed through special channels shall not enter the market for transactions. 50% will be unfrozen after November and 100% will be unfrozen in January next year. In this way, a large amount of money will be prevented from entering the market and interfering with prices.
The launch of credit points marks the end of the era of barter within Wanghai City.
The sub-crystal point measuring instruments that can be seen everywhere in the streets will gradually become a piece of history only remembered by people. After having credit points, people will trade more through EP. Just like how people use their mobile phones to pay in the 21st century.
Not only that, Jiang Chen also plans to push the "nac standard" further.
Use the invisible lever of the economy to leverage the resources of the entire wasteland. Just like in a certain world, the US dollar kidnaps the world economy through oil and gold. The credits will use the prosperity of the sixth block and the NAC's food inventory to kidnap the commodity trade of the entire wasteland!
The specific manifestation is that the Zhao Group, which is responsible for food trade, took the lead in changing the original sub-crystal trading strategy, using credits issued by NAC as commodities for settlement, and treating sub-crystals as a kind of commodity and no longer the equivalent of transactions.
Although the survivor settlements in other provinces have no concept of credit points and banknotes, I believe that as time goes by. More and more businessmen are moving from the Sixth District to the provinces. This currency will one day become the mainstream of the world.
…
With the introduction of credit points, the NAC government has a backlog of sub-crystals in its inventory. After some counting, Wang Qing placed a statistical report on Jiang Chen's desk.
[Credit circulation: 16 million. Asia Crystal Recycling: 38 million]
"No wonder countries like to print money. It's much faster than collecting taxes." Jiang Chen couldn't help but secretly sighed.
Just these three days of currency issuance have filled NAC's treasury with 38 million Yajing, which can simply exceed NAC's annual food trade income.
"But we also issued 16 million credit points. Rather than saying that this money is ours, it is better to say that we borrowed it from the market." Out of concern that Jiang Chen was printing money wantonly. Wang Qing warned, “If we cannot come up with matching products next spring, we may face credit bankruptcy.”
However, her worries were obviously unnecessary. Jiang Chen understood the dangers of inflation very well. As for why, this is a personal experience...
"Don't worry." Jiang Chen said with a smile, "The currency is circulating in the market, and only a small part will be cashed back into commodities. The larger part will still be circulated in the market. We only need to prove that our food supply is sufficient, and we don't need to pay for it." We are worried about a run. This sub-crystal is not so much lent to us by the market, but rather a 'protection fee' given to us by the market."
It is not so much the food and industrial capacity of NAC that guarantees the currency, but the credit of the NAC government.
It's like precious metals are the guarantee for banknotes in the 21st century, but few people will take bundles of banknotes to the bank to exchange for precious metals. When people believe in the country's stability, people are more inclined to hold its currency.
The NAC government controls the market supply of grain products and currency issuance, and there is no need to worry about the currency getting out of control.
Issuing credit points is only part of the process. Next, Jiang Chen plans to issue loans totaling 10 million credit points through banks to businessmen in the Sixth District to encourage factories to expand production capacity.
Now that the zombies and alien species in the Western District have been completely eradicated, and the zombies and alien species in the East District are also in the plan to defeat them, the situation around the Sixth District is unprecedentedly relaxed, which is a great time to expand outward!
After Wang Qing went down, Han Junhua quickly walked into the office again.
Regarding her purpose of coming, Jiang Chen could guess it without asking.
It's mid-September, and the plan to attack the city center is about to begin.
"The city center strategy plan mobilizes part of the First Corps and the Third Corps. There are a total of 3,000 personnel participating in the combat, 41 units of power armor, 400 mechanical exoskeletons, 9 Jagdtiger IIs, and 40 Raider infantry vehicles. Here is Battle plan." As he spoke, Han Junhua neatly placed the tablet in his hand on Jiang Chen's table.
The holographic projection unfolded and outlined a panoramic map of Wanghai City.
The First Corps set out from Qingpu, attacked the open space near Qingpu Airport, and then used it as a turning point to attack the city center area. The Second Corps started from Camp 27 and attacked the city center from the west.
At the same time, the rocket launcher position at the Fish Bone Base will provide full fire support to the battlefield.
Without hesitation, Jiang Chen pressed his fingerprint on the screen.
"The battle begins!" (.)