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Chapter 1319: Chapter 1174: One Trillion! (Please Subscribe!)
Fight?
No.
It could only be considered a warm-up.
These people.
They weren’t even qualified to fight with the fighters, otherwise it would be too much of a bullying act, they were just a mob, young teenagers, and older folks in their forties and fifties, each one dark-skinned, looking rather pitiful.
They followed Anleibur.
Just to scrape by with a meal.
They were basically servants, having no qualification to share profits with their master’s household. In India, it was still the landlords who were the main ’voice controllers’ for the local populace, with other citizens only being able to rent land for cultivation.
Tang Qing didn’t want to do good deeds.
Nor did he have any compelling reason to kill these people.
Therefore, he aimed for a swift resolution.
Thus.
The entire operation.
Was over in just a few minutes.
The fighters had brought anesthesia weapons with them.
Combined with the support of Unmanned Aerial Vehicles, striking from both inside and out, Anleibur’s guards and sentries collapsed one after another. These anesthesia guns used self-dissolving materials that would dissolve away after three minutes.
They wouldn’t cause any harm to the human body.
After two hours.
The effects of the drug would wear off.
There would be no visible marks on the skin, and upon awakening, there would be no pain, just a slight feeling of weakness that would pass after a good sleep. It was incredibly effective; this class of butterfly mechanism devices had been the subject of continuous scientific research.
Underground.
A huge counterfeit money printing factory.
The machines were still running, but dozens of Indians were already lying motionless on the ground, including Anbuleier’s cousin. As soon as he entered, ready to command the simultaneous printing and aging of the notes, he felt sleepy mid-sentence.
Then.
Like the others.
He fell to the ground anesthetized by a dozen tiny robots that had snuck into the basement earlier.
After anesthetizing the sentries along the way.
The fighters entered, and with everyone already lying on the ground, they didn’t hesitate. They reached their warehouse where one fighter threw a small sphere onto the ground. With a flash of the screen, all the counterfeit money in the warehouse vanished.
They then went to the materials warehouse.
In order to create a ’dirty trick by peers’ illusion, they left nothing behind, transporting everything away using ’Teleportation Nodes’. Now, Anleibur would have to wait some time to gather the materials needed for printing Myanmar Kyat again.
By then.
The Myanmar Kyat would have become worthless paper.
Watching the printing machines spit out sheet after sheet of printed Myanmar Kyat.
A fighter turned off the machines.
They didn’t spare even the ink, and also damaged some of the circuit boards. Once everything was taken care of and the tiny robots were teleported away, the fighters used an underground tunnel they’d designated for their escape.
---And they were gone.
In five minutes from start to finish.
The mission was complete.
Had it not seemed too unusual.
This task didn’t even require the fighters to be there; the tiny robots could take care of it all. Seeing the mission completion note displayed on the projection, Tang Qing felt that next time, he could look for a slightly more interesting task to have some fun with.
He had so many skills.
Yet never had a place to use them.
This life.
...Was actually not bad at all.
No one.
Wants excitement that constantly threatens their life. Living a peaceful and quiet life is the truest form of happiness. He hoped that his relatives would never be in trouble, his friends, all well, his enemies... vanishing completely.
"Commander, Task 53245 is complete," Tang Yi reported.
"Mmh, keep monitoring. I don’t want anyone else printing fake money to exchange for ours. Destroy all the counterfeit currency we’ve recovered," Tang Qing ordered. The Myanmar Kyat was of no use anymore, and he had piles of Rupees left untouched.
Materials?
What good were these subpar materials?
If not destroyed.
They would just take up space.
"Yes, Commander."
Having said that.
Tang Yi immediately issued the destruction order to the fighters at the Transmission Area. In a few minutes, those banknotes with a nominal value of over ten million, along with materials costing over twenty million RMB, were destroyed.
...
This type of arduous task was indeed just for show and not particularly thrilling. Tang Qing sat on his chair, pondering how to swiftly complete those daunting achievement tasks.
Damn it.
Every single one.
Was no less than ten trillion Asia Dollars.
They were routinely in the tens of trillions.
The system truly didn’t treat money as currency. For instance, the previous task was to issue Asia Dollars worth ten trillion RMB, which was accomplished just a couple of days ago when the Myanmar Central Bank opened the accounts for application and exchange.
That was the last completed achievement task (2).
And now.
The task’s required issuance of Asia Dollars had reached ten trillion, which equated to ten trillion RMB, but to date, even if Myanmar’s entire Myanmar Kyat were to be exchanged, the issuance would only be about three trillion Asia Dollars.
A lot?
Not really.
The issuance was not just cash.
It also included electronic currency and various loans, among which, even considering the deposits of residents—Myanmar had over fifty million people, with an average deposit of not much, about over twenty thousand RMB each.
That alone amounted to over one trillion.
Adding to that were corporate loans, personal loans, plus the circulating cash volume and the predicted developmental level of Myanmar’s economy, the imminent stock market start-up, increased consumption loans... Only then could it barely reach three trillion.
This was achieved only with great difficulty.
To reach that level was a strenuous effort indeed.
This was also why Tang Qing felt that if things didn’t go smoothly, completing achievement task (3) could very well drag out for three, five, or ten years. Money, indeed, couldn’t just be issued at will.
To issue it recklessly,
Would certainly lead to inflation.
And Myanmar simply couldn’t bear it.
If Myanmar’s stock market wasn’t launched by the end of the year,
With Tang Qing’s upcoming Asia Dollar strategy, there would definitely be significant inflation—a scenario Tang Qing was reluctant to see. Maintaining a one-to-one exchange rate with the RMB was currently imperative for the Asia Dollar.
It could even appreciate, but it must not depreciate.
Exchange rate.
Is confidence.
The currency’s confidence must not collapse; otherwise, not to mention domestic impact, the internationalization of the Asia Dollar would definitely be affected. The United States uses the US dollar to dominate the world, with an exchange rate that is steady as she goes—rising when it wants, falling when it prefers.
Other currencies,
Do not enjoy such treatment. Moderate inflation is beneficial to economic development, but now is not the time for moderate inflation—having just replaced the Myanmar Kyat, you become worthless?
That’s somewhat problematic.
Especially after the Asia Dollar replaced the Myanmar Kyat.
Maintaining the exchange rate,
Is quite challenging in itself. You see, what is an exchange rate? It is the trading ratio recognized by everyone in the overseas currency exchange market, and this price is determined by the international exchange rate market.
Because it’s not controlled domestically,
The country’s ability to intervene,
Lies solely in using the universally accepted currency of the international exchange rate market—the US dollar. Without sufficient US dollar reserves, once supplies are exhausted, all a country can do is watch helplessly as its currency is toyed with by others.
In this process,
How to evade sniper fire?
Apart from exhausting foreign exchange reserves and raising interest rates which are comparatively safe measures, there is a very simple method—strictly control borrowing. Shorting a currency is mainly focused on selling it short.
The premise of short-selling,
Is that you can borrow that much money.
To then sell.
It means opening up a country’s financial market.
Foreign institutions can get a hold of large sums of money that you can’t control, and then they go to the international market for a ’discount sale’. If you want to maintain the exchange rate, you have to buy it back with US dollars on the international market.
Otherwise,
You can only watch it fall.
Previously,
Actually, the Asia Dollar’s defenses were quite strong.
First off,
The economy was relatively independent; the less exchange, the stronger the resistance to shocks. It’s still pretty much the same now, with no stock market and just a smattering of the bond market, while the financial derivatives market is even less significant, and international borrowing is also proceeding with caution.
In the future,
Tang Qing also intended to adhere to this guideline.
Slow and steady.
One must not rush indiscreetly.
The Asia Dollar must be a never-sinking, unwavering giant ship amid the waves. Quality is more important than quantity. He would not loosen the regulation over the financial industry for the sake of expanding influence and issuance.
