X-Dragon Era-Chapter 825 - Nationwide Plan_3

825: Chapter 577-578: Nationwide Plan_3

825 -577-578: Nationwide Plan_3

The letter of intent for the banking plan has already been seen by everyone.

As for the profits of the banking plan, everyone is well aware.

Without a doubt, this is a trade where wood is exchanged for gold.

At its peak, the same weight of wood could almost be exchanged for gold of the same volume.

There’s absolutely no business in this world more profitable than this.

It can be said that once the banking plan succeeds, all the gold and silver in this world will lose their circulation function.

What will circulate instead will be paper currency, and all the gold and silver will be amassed into the hands of the banks.

Even these paper currencies, while seemingly owned by the general public, can be confiscated by the banks at any time through devaluation.

Without doing anything, just with a single command, they can forcibly collect the wealth of the entire world.

By this point, some friends might still not fully grasp it.

To put it simply, a bank is essentially a marketplace that manipulates the value of gold and silver.

There are countless ways for it to plunder the public’s money.

The simplest way is to issue high-denomination bills.

If the highest denomination is originally 10 yuan, they just print one for 100 yuan.

In doing so, 90% of the public’s money is effectively seized!

What you could have bought for 10 yuan now requires 100 yuan, but for the bank, the cost of producing a 100-yuan bill is the same as producing a 10-yuan bill.

When 100-yuan bills are finished being issued, they’ll issue 500-yuan, 1,000-yuan, 10,000-yuan, 100,000-yuan, even 1 million-yuan bills.

According to Xin Yun’s memory, the largest denomination of currency ever issued on Earth reached an astonishing 6 billion!

In the history of Chinese currency, and perhaps even in the history of world currency, the paper note with the largest denomination was a Gold Yuan Bill valued at “6 billion.” It was issued in the mid-1930s by the Xinjiang Province Government under the rule of the Kuomintang.

Due to the State Affairs Party’s rampant issuance of currency, coupled with the establishment of a massive monopolistic financial system known as “Four Banks, Two Bureaus,” severe hyperinflation ensued.

The “6 billion”-valued Gold Yuan Bill had a real exchange value of only 10,000 Gold Yuan Bills, which at that time could only buy 70 grains of rice in the Shanghai market.

From this, I believe everyone now understands the profitability channel of the banks.

That’s right…

even if you were a billionaire with 6 billion yuan, in an instant, you could be reduced to a pauper with only 70 grains of rice to your name!

This is the origin of the banks’ wealth!

Beyond increasing the denominations, another method is issuing new notes while withdrawing old notes from circulation.

Yet, the old notes are exchangeable for new ones.

Take Korea, for example: 1 new note can be exchanged for 100 old notes.

By forcibly reducing the face value of the currency, in practice, they have still seized 99% of the public’s money.

It can be said that whoever controls the banks controls the wealth.

No matter how many years you’ve worked to earn money, they can forcibly seize 99% of the world’s wealth at any given moment.

The process is simple and effortless: increase denominations, issue high-value notes, issue small-denomination new bills, exchange large quantities of old currency for small amounts of new bills, and then issue high-denomination notes again.

This cycle allows them to plunder more than 90% of the public’s money anytime, anywhere.

Although the banking plan of the Sky-Opening Sect hasn’t yet reached this level, it is already evident…

that even at its current stage, the process of exchanging equal volumes of silver for gold has been established.

Who wouldn’t want to exchange silver for gold?

That’s more than ten times the pure profit!

The Kashi Family is very wealthy, right?

But compared to the Sky-Opening Sect’s banking plan, the Kashi Family is nothing; calling them paupers wouldn’t be an exaggeration.

Who could resist such a lucrative deal?

Of course, everyone thought about implementing their own banking plans too, but they dismissed the idea after some deliberation.

Simply put, it’s impossible.

Without the Chaos Cauldron, they cannot mass-produce currency.

Without currency, how could they start a bank?

During a week of meetings, under Xin Yun’s leadership, the heads of the Nine Family Clans separately toured the progress of the banking plan in various major cities and heard work reports from the presidents of the banks.

As a result…

after a week, all the families conceded.

20% was not enough to satisfy them, but they all understood that even at 20%, they were already seeing profits exceeding more than double their investment.

To demand more was simply impossible!

Of course, there was another reason why they agreed.

The reason was simple: Xin Yun promised that they could increase their shares by contributing gold.

For every certain amount of gold they put in, they could obtain a corresponding proportion of shares.

At most, they could hold up to 60% of the shares, thus achieving control over the banks in their regions!

At this point, some may wonder if Xin Yun had lost his mind.

In truth, it’s quite the opposite…

Xin Yun understood better than anyone else.

The Dragon Era was coming to an end.

No matter how significant the accomplishments were, the collapse of the Dragon Clan was inevitable.

When the Dragon Clan collapses, will the so-called banks still survive?

After the Dragon Era, it would be the era of Witch Ghosts.

As of now, Witch Ghosts were merely the blood food of the Dragon Clan—in other words, their sustenance.

The enmity between the two was irreconcilable.

In such a scenario, how could banks survive?

One could say that the end of the Dragon Era would also mark the downfall of the banking plan—it is irresistible and inevitable.

Thus…

Xin Yun’s goal was never to ensure the perpetual existence of banks.

Instead, it was to use the banking plan to quickly amass the world’s gold and repair the Sky-opening Axe.

This was Xin Yun’s sole plan and objective!

While it may seem on the surface that giving away bank shares is a significant loss, in reality, it is not.

The destruction of banks is predestined, and it won’t take long.

Therefore, Xin Yun’s sole focus was to use the banks to collect as much gold as possible in the shortest amount of time.

From this perspective, although shares were given away, they were essentially meaningless.

The so-called shares wouldn’t cost Xin Yun a single penny in losses; instead, they would enable him to drain all the Nine Family Clans of their gold.

If they wanted shares, they had to pay in gold.

Once they bought shares, the gold would be in Xin Yun’s possession.

It can be assured that before their shareholding reached 60%, the banks would already be destroyed, perhaps alongside the entire Dragon Clan.

Knowledgeable about the future, Xin Yun was using illusory shares to trade for everyone’s gold.

Without spending anything, he obtained the shares of the Nine Clans.

Who wouldn’t take such a deal?

The Nine Clans weren’t stupid; they were all cunning to the extreme.

But since they didn’t know the future or the trends of history, their cunningness ended up harming them.

If they had known that the Dragon Clan would inevitably collapse and the banking plan would inevitably fail, only a fool would trade gold for shares.

(To be continued.

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