Chapter 2484: Creating a Payment System for Daxia
Maybe there are women who don’t like gold, but there is no woman who doesn’t like 4500 tons of gold!!!
If all this gold is mined, it would be a real "gold mountain"!!!
Sun Mingyue even imagined in her mind a scene of herself lying among countless gold jewelry, furniture, treasures and even a house, holding a glass of red wine and laughing heartily.
"Ahem~ Well, it seems like you're exposed." Chen Mo kindly reminded.
Sun Mingyue looked down and realized that she was not wearing anything except a thin layer of foam.
But Sun Mingyue walked out of the bathtub indifferently, picked up a bath towel and wiped her body, and even pointed the camera of her mobile phone at herself.
"Hehe, you still say you don't care? With such a beautiful body in front of you, you can be unmoved on the first day, and you can also be unmoved on the tenth day, but you can hold it in for the first day, I don't believe you can hold it in for the fifteenth day! You will be mine one day!"
Sun Mingyue thought to herself, a smug smile already appearing on the corner of her mouth.
Unfortunately, Chen Mo really doesn't care.
After all, he had suffered too many losses at the hands of women and was a little scared.
"You are even mortgaging the world's best gold mine. It seems you are really short of money!"
As Sun Mingyue spoke, she put on a bathrobe, but did not put it on completely, giving her a vaguely mysterious beauty.
Chen Mo naturally would not tell Sun Mingyue that he had invested almost all of his liquid funds in the Keguo and Baguo markets during this period.
The money left in Chen Mo's account no longer exceeds 200 billion.
It can be said that this is the poorest time for him in the past five years.
"I didn't know that you, Miss Sun, had the habit of digging deep into the details of your business." Chen Mo chuckled.
You know, as an internationally accepted hard currency, gold is a strategic reserve resource in any country.
Even the economic strength of a country, in the final analysis, does not depend on the value of the country's currency, but on the size of its gold reserves.
Because once a war breaks out, currency is likely to become waste paper, and only gold is truly recognized by all humans and the entire international community.
Even now, the global economic system is still based on the gold standard.
The so-called gold standard refers to gold as the basic settlement unit.
Therefore, a large amount of gold is definitely not something that a single individual or company can obtain. This thing is a national strategic resource. No country will allow too much gold to appear in the private sector. Once it falls into the hands of interested people, it is likely to destabilize the economic system.
On the other end of the phone, Sun Mingyue chuckled and continued to ask: "Why are you looking for me? This is a sure-win business. Even if you go to the foundation, I think they will do it, right?"
"Because you are my ex-wife, if there are benefits, of course I have to think about it!" Chen Mo said with a smile.
"Don't be funny. I don't know you, do I?! If there is any benefit, you will definitely go to Gong Ziyuan first! You will only come to me when there is something difficult that you can't solve."
Sun Mingyue walked angrily from the bathroom to the living room, took out a bottle of red wine and poured it out. She crossed her long white legs and looked coldly at Chen Mo in the video: "To be frank, why must we mortgage it to the bank in Sakura Country? What's the trick here?"
Chen Mo no longer concealed it and said with a smile: "You are worthy of being my ex-wife. Then I will tell you. I need you to mortgage all this gold into Sakura Coins, and then exchange it all for Baguo Currency in Sakura Country."
In the international financial war, no matter how much Chen Mo hates the hegemonic country, he has to use the hegemonic country's currency for settlement.
As long as a large amount of hegemonic currency is needed for settlement, the hegemonic country's Swift settlement system will be used.
What is the Swift system?
For example, if a user wants to transfer money from Daxia Bank to Sunset Empire Bank, in the eyes of ordinary people, this operation is too simple. There are only two steps in total - one, Daxia Bank has less money, and two, Sunset Empire Bank has more money.
But in the banking system it is not that simple.
From the moment the user enters the password, the money will first be transferred to the Daxia Country Agent Bank through the Daxia Bank, then from the Daxia Country Agent Bank to the Sunset Empire Agent Bank, and finally, from the Sunset Empire Agent Bank to the Sunset Empire Bank.
This is a complete global payment channel.
At present, the world's safest and fastest global payment channel is SWIFT (Society for Worldwide Interbank Financial Telecommunication).
In the beginning, before the advent of SWIFT, there was relatively little trade between countries, and most of the transactions were done locally, using their own currencies.
But after World War II, the world economic landscape changed dramatically.
While almost all countries are busy rebuilding, there is one country that is secretly losing money, and that is the hegemonic country.
Because of the war, three quarters of the world's gold flowed into the hands of the hegemonic countries at that time, but also because of the war, the currencies of various countries depreciated and became unstable.
The international monetary system fragmented into competing blocs.
This means that what you hold in your hand one second may become toilet paper the next.
That cunning old...ah no, that smart and clever Hegemon will definitely not let such a thing happen!
So it was anxious and 44 countries held a meeting to establish an international monetary trading system centered on the hegemonic currency. This system established the liberalization of foreign exchange, capital and trade.
To put it simply, everyone can do business in the world fairly, justly and safely in the future, because we have the support of the hegemonic country behind us. Of course, the prerequisite is that you must use the hegemonic country's currency for settlement.
Since then, Ba Guo Currency has completely replaced Sunset Currency and become the world's universal currency.
At the same time, it also laid a good foundation for the SWIFT settlement system.
Decades later, 15 banks from 239 countries including the Hegemony, the Ou Alliance and the Ma Power announced the official establishment of SWIFT, a non-profit organization established to solve the problem that financial communications among countries cannot adapt to the rapid growth of international payment and clearing. It is responsible for designing, establishing and managing the SWIFT international network to transmit and determine routing of international financial information among members of the organization.
After that, banks, financial institutions and national officials around the world began to use SWIFT, and the network has spread to more than 206 financial institutions in 8000 countries and regions around the world.
Later, the hegemonic country could even query the transaction information of any country through the SWIFT payment system.
It can even impose financial sanctions on any country through the SWIFT trading system to maintain its financial dominance.
The most shameless thing is that once you need a large amount of hegemonic currency, and your country happens not to be able to exchange such a large amount of hegemonic currency, at this time when you use SWIFT to borrow hegemonic currency, the exchange rate cannot be calculated according to the apparent ratio.
The currency loaned by Baguo will be 5-10 points lower than the market price.
With a loan of 100 billion Baguo currency, Baguo can even do nothing and easily make a profit of 5 million Baguo currency just by using the Swift trading system!
The reason why the Hegemonic State does not want Daxia to rise is that once Daxia rises, the SWIFT system based on the Hegemonic State currency will most likely be replaced by the trading system created by Daxia based on Daxia currency!!!
Chen Mo has been working hard over the years, and one of his ultimate goals in pushing Daxia forward is to create a new trading system to replace Swift.
If this can really be realized, then Daxia will become a superpower that can make a fortune just by earning the exchange rate difference of Daxia currency without doing anything.
Only then will Daxia's national welfare benefits be able to catch up with those of developed Western countries.
Sun Mingyue was silent for a long time this time.
She is not a fool.
Combining Chen Mo’s recent big moves, of course one can guess what he wants to do.
Such a large amount of gold being pledged as Sakura Coins and then converted into Baguo Currency will cause a serious shortage of Sakura Country's foreign exchange reserves and a sharp drop in the exchange rate!
Even more, on the K country's market side, the Sakura country will lack the hegemonic currency to hedge against Chen Mo!
Chen Mo's operation is equivalent to using the foreign exchange reserves of the Sakura Country to confront the Sakura Country!
Once Chen Mo wins, when he comes back to redeem the gold mine, the exchange rate of Sakura Coin will plummet at that time, and Chen Mo may only need to pay 90% or even 70% of the principal to get the gold mine back.
Although Sun Mingyue's surname is Sun and her ancestors are not from Sakura, she grew up in Sakura Country after all, and her nationality is written as Sakura Country.
Doing so is equivalent to helping Chen Mo betray his own country!
After several minutes, Sun Mingyue asked again: "4500 tons of gold, how much do you plan to mortgage?"
