blackstone code

Chapter 2403

After two weeks of fermentation, things about the new currency have come to fruition.

Most ordinary people are very interested in the design of Blackstone Bank. Who doesn't like colorful banknotes?

And Connor has been hinting at the choice of the ambassadors of various countries in currency internationalization, and the ambassadors of various countries have also chosen the design of Blackstone Bank very cooperatively.

The federal government has announced that the new version of the currency will gradually replace the old version within three months, and the next step is the issue of printing.

This also led to an emergency meeting of the Federal Reserve Bank to discuss printing issues.

"Can't we achieve the above anti-counterfeiting technology?" Blackstone Bank's sample banknotes were already placed in front of them.

Several technical engineers looked over it over and over, combined with some anti-counterfeiting instructions, and finally they all shook their heads.

"Infrared fluorescent ink, ultraviolet fluorescent ink, photosensitive ink, these are not completely unsolvable technical problems, but the problem is that we need time."

"And the anti-counterfeiting technology here is more than that, and the special fibers on these papers are not so easy to make."

"And these patterns..."

"If we are given two years and financial support, I believe we can solve these technical problems."

"But within three months, we can't solve it."

There are more anti-counterfeiting mechanisms on official sample tickets. For example, the paper used to print coins has many layers, and some of the thick fibers in the paper have also been "dyed" with infrared or ultraviolet fluorescent inks.

Currencies look completely different under ultraviolet and infrared, and the use of photosensitive ink makes these currencies have different changes under some optical instruments.

The use of a single technology is not a problem at all, the problem is that so many technologies come together, it becomes a big problem.

The director still refused to give up, "If we print it ourselves..."

The technical engineer interrupted him directly, "We can't print, at least not within this year."

The director could only look at the president, who also seemed to have a headache. "I talked with Lynch and he refused to authorize the technology on the grounds that some of the key technologies involved national defense security..."

Infrared technology and ultraviolet technology, if you say that Lynch is lying, it's not really.

The infrared-guided missiles currently cooperating with the Northern Military Region do have a lot of infrared technologies, but they have little to do with infrared fluorescent inks.

But if it is true that there is no relationship at all, then it obviously underestimates Lynch's determination. If he says there is, it must be there, and everyone in the military will say there is.

A director cursed a few words in a low voice. There is no doubt that he was not scolding himself or anyone else. He did not specify his name.

But everyone here knows that he should most likely be scolding Lynch.

"In terms of paper, they are willing to give us at the cost price..." Some directors looked a little better, but it didn't take long before they were hit back with a "but".

"But the price is still very high. In the various tests we have done, the performance of the paper they provide is far superior to what we are using now."

"So simply put, there's nothing we can do."

"Let Lynch print it for him, and he needs us to pay a lot of printing costs."

"Our accounting department audited and gave me a number I don't want to talk about—"

"We need about 45 billion to 50 billion for the first batch."

A director couldn't help but interrupted the president's words, "Why so much?"

The president also explained, "First of all, the prices of various inks are very high. His quotation... To be honest, I don't know how much of it is true, but at present he is the only one who has mastered this technology."

"Before the technology is fully disclosed, we can only admit how much he said."

"There's paper money on top of that."

"The Presidential Palace means that we will print the first batch of funds of no less than 1000 billion yuan as soon as possible before August to replace the currency currently in circulation on the market."

"The cost of printing a dollar is no different than the cost of printing a hundred yuan, and the printing volume of small denominations is very high."

"I can talk about this price, and I have already involved a lot of my personal relationship."

"The possibility of further decline...", he shook his head.

Many people think that the cost of printing 100 yuan is different from printing [-] yuan, but this is not the case.

In fact, the printing cost of one yuan and 100 yuan is basically not much different. In addition, the size of a one yuan banknote is a little smaller than that of a 100 yuan banknote, and it costs a few dollars more to cut a full page of currency.

In terms of labor costs, it may be a little more than the 100 yuan face value!
The price reported by Lynch is not too much, it can only be said to be moderate.

If the Federal Savings Bank issues it by itself, the cost can be controlled at about one billion. In fact, considering so many new anti-counterfeiting technologies, Lynch's quotation is very suitable.

But it is appropriate, the Federal Reserve Bank is still very unhappy to pay so much more for nothing.

After all, this is not a small amount of money, and billions of additional expenditures are a lot of money for the Federal Reserve Bank.

Some directors put forward some ideas, "Is it possible to further compress this expenditure, it is best to get these technologies and print them ourselves."

The president's expression became slightly strange, "Actually, it's not impossible, Lynch also provided another solution."

Everyone became interested immediately, and the president seemed to know that they would be very interested in this plan, but only now.

"Another plan of Lynch is that we have a cross-shareholding with Blackstone Bank, so that he will give us technical authorization."

Some directors who knew some "inside information" frowned, "Is it the result of last time?"

The president nodded, "It's still the same as last time."

Lynch wants a 5.00% stake in the Federal Reserve Bank, which is clearly unlikely.

Under such "ambition", the printing cost of 50 billion seems a little more acceptable.

Either accept Lynch's cross-shareholding plan, or pay Lynch to print it for him, and they have no other way.

Moreover, the relationship between Connor and Lynch is obviously closer. If Connor chooses to let Lynch print and then try to let him publish it, it will definitely be a disaster for the Federal Reserve Bank.

And no one stipulates that the issuance of the Federal Sol must be done by the Federal Reserve Bank.

The federal government mortgages tax revenues to the Federal Reserve Bank to allow the Federal Reserve Bank to obtain issuance rights. It sounds complicated, but it is actually very easy to understand.

To put it simply, the federal government gives future tax advances to the Federal Savings Bank, and then the Federal Savings Bank produces a "commodity" called the Federal Sol to the federal government.

After this commodity is delivered to the federal government, the federal government uses these commodities called "Federal Sol" for the development of society.

The value of the Federal Sol depends on its denomination. Different denominations can be exchanged for different amounts of gold at the Federal Savings Bank.

Currency is actually just an evolution of "gold coupons", which is still a manifestation of purchasing power.

So is this distribution right irreplaceable?
In fact, this is not the case, because in the final analysis, as long as the issued currency can "preserve its value", as long as the issuer can ensure its value, then whoever issues it is actually the same!
Just like the chips that Lynch "issued" in Slem, it actually has monetary properties.

Blackstone Bank's gold reserves are very rich, and it has a certain degree of distribution rights.

If Connor chooses to let Blackstone Bank issue it, it may not be impossible!

Even if not all of them are released, some of them are still possible!
Issuing banks have a lot of power in finance. Over the years, the other five of the six major banks have always wanted to challenge the issuance rights of the Federal Reserve Bank.

In order to deal with these careerists, the Federal Reserve Bank has already split some shares, and now the appearance of Blackstone Bank and Lynch has made them feel dissatisfied and in crisis.

"How about... agree to his request?"

The president raised his eyebrows, "Give him shares?"

"No, give him money!"

The president looked at the other directors and said, "You can have a meeting to discuss it. I respect the board's resolution."

He kicked the ball back again.

Other directors also think that this matter really needs to be discussed and discussed. After all, the billions of printing costs are still the first batch.

In case the technology research and development fails to keep up, they will need to pay billions more in printing costs.

Tens of billions of dollars have to be spent back and forth, which is a very heavy burden, and even the Federal Reserve Bank may not be able to sustain it!
Because the Presidential Office was keeping a close eye on this matter, they held a meeting for two consecutive days. In the end, everyone decided to pay Lynch to print it instead of exchanging shares with him.

The exchanged shares will be concentrated in the hands of Lynch alone, but the shares traded by Lynch will be shared equally by dozens, hundreds, or even thousands of people.

And these people have lost far more than they have gained, and it will not be easy to convince shareholders.

It's easier to pay outright than it is to convince countless shareholders that you're going to lose a lot of money out of nowhere.

If you want to lose, everyone loses together, if you want to gain, everyone makes money together, no one will have anything to say.

After the matter was decided, the two parties signed a printing agreement under the witness of the presidential commissioner.

The Federal Reserve Bank paid Lynch 47 billion printing costs in five installments, and Lynch delivered the printed currency to the Federal Reserve Bank in four installments.

After signing the contract, the director of the Federal Savings Bank left very unhappy, and only the president was left chatting with Lynch in a graceful manner.

The presidential commissioner returned to the presidential palace with the results, and Connor was so happy that he almost jumped up!

This means that he, a president who has only been in power for a few months, has his own "currency", and he will become the most special one among the many presidents of the Federation!
(End of this chapter)