Chapter 717 Capital Cooperation Across Era
"What's even more serious is that as a currency based on the credit of the former Soviet government, the ruble's banknote masters can now be said to be all over Europe. If we continue to recognize the old ruble, our risks are too great to reshape and take over the ruble. Credit is also a very difficult thing, unless governments unite to pay for the old ruble, but..."
Gilderoy Lockhart did not finish his words. A strange expression appeared on his face and he shrugged.
"Give up the ruble. The Russian Federation should have its own currency. There is no need for a strong and independent Russia to continue to pay for the laziness and backwardness of the former Soviet Union. It is time to bring order back -"
"Yes, Mr. Lockhart, we have long agreed on this point..."
The newly appointed Russian Deputy Finance Minister adjusted his glasses and tapped his fingers on the documents in front of him.
As early as half a year ago, the Tianming Group's in-depth commercial cooperation with the Russian government, the Ukrainian government, and the Belarusian government had already begun. Regarding the issuance of new currencies, this was originally planned in the past one or two years.
It's just that the hot capital from the United States and the United Kingdom greatly accelerated the time when the ruble bubble reached its peak.
The middle-aged officials know very well that without the batch of potatoes from the Tianming Group to maintain the ruble exchange rate, the Russian government today would have been heavily in debt and struggling to import food every day. Frankly speaking, as the ruble becomes increasingly weak, Under such circumstances, the Tianming Group has been able to sustain itself until now, which has actually far exceeded their expectations.
The only thing that makes them still hesitant is actually some matters that have nothing to do with the macro situation, but are extremely important.
After a pause, the middle-aged official glanced at the phone placed in the center of his desk. All the discussions that took place in this conference room were transmitted to the Kremlin in Moscow through this dedicated line. middle.
"In fact, regarding your company's proposal to apply for bankruptcy reorganization and merge with the former Central Bank of the Soviet Union to form the [G&H Central Bank of Russia's proposal], we no longer have much controversy and doubt. It's just..."
The middle-aged man looked for words, slowly knocked on the wooden table in front of him, and said meaningfully.
"President Yeltsin also has another concern. Although the [redeem coupons] of the potato standard system can allow us to pass the gap between the [old ruble] and the issuance of the [new currency] relatively smoothly, due to the instantaneous return of the ruble currency value to zero, For some hard-working people who are thrifty and have finally accumulated some assets, the price may be too heavy."
No politician will remember the past glory of the Soviet Union, destroy the ruble, and erase the traces of that behemoth’s existence. Even without the Destiny Group and American bankers, the Russian government itself would do it.
The changes brought about by the Tianming Group just happened to cover up the process of turning the ruble into waste paper.
For politicians who have already known everything, this can be regarded as a sincere gesture of goodwill. Taking advantage of the time difference of six months, Russian oligarchs have already accumulated huge amounts of assets in advance and are waiting to be liquidated.
Compared with those American bankers who eat people without spitting out their bones, companies like Tianming that focus on agriculture are obviously much safer.
Thrifty and frugal? Hardworking people?
Ha—these stupid and greedy Muggle officials—
Gilderoy Lockhart glanced at the official in front of him who was wearing an elegant handmade suit. A trace of inconspicuous contempt flashed deep in his eyes. The smile on his face became brighter. He took out a bag from his arms with a smile. A document that has already been prepared.
"Oh, don't worry, here are several anonymous international permissions for currency exchange. People who hold these documents can go to the 'cooperating banks' in the documents to convert their assets into corresponding shares of US dollars and pounds."
"If you are not in a hurry, when the [G&H Russian Central Bank] is officially reorganized, it will not be difficult to add a new part of the accounts from the past historical depositor records. If I am right, even if In this great country, there shouldn’t be too many people who are diligent and frugal and have accumulated objective assets at the same time, right?”
"It's just that the only request from our side is..."
Lockhart stood up and bowed slightly towards the telephone receiver located in the center of the table.
"I hope you can provide assistance as soon as possible and don't give giants like Citibank and JPM Bank too much time to evacuate and respond. At the same time, our group can also provide you with professional tax audits and audit outsourcing to avoid those from the United States. Smart bankers took the opportunity to default on their loans and even do some damage..."
Most of the cards have been played, and apart from potatoes, the Destiny Group only has some Muggle currency left in their hands.
According to Elena's previous sand table deduction process, after the Yeltsin government is relieved of its worries, there is at least a 95% chance that it will choose to cooperate with them: the unchanged historical trajectory of later generations has proven that even if it faces more and more harsh conditions American capitalists will choose to compromise - today's cooperation method is obviously much better.
It is meaningless to simply win a financial war, especially a war under this negative-sum game.
For Elena, no matter how terrible the economic losses suffered by Eagle Sauce and the fairies in America, or how much precious blood recovery ability they lost, they were all meaningless bonuses. Her purpose from the beginning to the end was one.
When these ruins are most empty, become the voice that rebuilds economic and social order.
Unless the Americans or the wizards of the former Soviet Union conjure up potato reserves enough to feed billions of people out of thin air, and use dollars, gold galleons and other currencies to guarantee the shaky ruble at any cost, no one is hers. opponent.
There is never any free lunch in this world, the only difference is the time and form of payment.
Since the opening of the first "Destiny Group Potato Retail Store" in Moscow half a year ago, the greedy CIS governments and the arrogant foreign capitalists have allowed the exchange rate between potatoes and the ruble to form the closest relationship in order to carve up the assets of the former Soviet Union. After binding the relationship, the outcome of this financial war has been determined in advance.
Now... what's left is just a little bit of logical profit sharing.
After waiting for a while, the microphone located in the center of the desk suddenly made a little noise, and then a strong and rich man's voice came from it. This was a reply from the country's current supreme ruler.
As Elena expected, this was not a difficult choice.
After ensuring that their own property would not suffer losses, and once again studying the two proposals in detail, the Yeltsin government hardly hesitated for too long before giving their final answer very readily:
"Within this week, the payment and production of the old ruble will be completely stopped. According to the recommendations of relevant economists, the securities market in Russia will temporarily stop trading. The [G&H Central Bank of Russia] will issue new currency from now on. Every new currency will be issued." The coins can be exchanged for a specified number of potatoes at a potato store jointly controlled by the Russian government and Tianming Group.”
“As a central bank that exists independently of the government, the Russian government uses future fiscal and tax revenues as collateral to grant claims to the [G&H Central Bank of Russia]. After purchasing the claims, the bank will issue a corresponding amount of new currency or provide an equivalent amount based on actual demand. of potatoes, used for payment and social circulation..."
"The police system will cooperate with the Tianming Group's tax inspection and audit work. Since those greedy bankers have promised high interest rates, they need to pay the price and become the security backing of the Tianming Group."
"The Destiny Group will always be a friend of the Russian people, let the Yankees go to hell!"
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The capital war of the Fairy Queen is over. Now it’s time to go to school~ Guacri~ Wuwuwu~
If you don’t understand clearly, you can ask the class representative to borrow your notes~