Chapter 474 (1/2)

Chapter 474: Issuing Currency

Translator: _Min_ Editor: Rundi

The nextline up in front of the Sixth Street Bank

Under the supervision of NAC soldiers, people handed in their crystals and changed them into papers with a special identification code Soovern people?

Clearly not Due to a culture that praised power, all the survivors possessed guns And fro in with an expression afraid that the bank wouldn’t accept their crystals, they clearly wanted to be inside And the NAC soldiers that looked threatening were ensuring order in the line

As to the reason, it had to do with a newly ie the current chaotic pricing environovernment used the Sixth Street bank to introduce a new currency known as “credit point”, credit in short It was not guaranteed by any precious uaranteed by NAC’s credit

At the same time, any of the products defined as specially supplied could only be traded with credit The products were all h NAC factories For example, food, Carm tree sap, iron, aluminum, firearms, etc It covered alram of rice was ten credits, a corah the price doubled coo, in the currently chaotic htful

Two crystals were equivalent to one credit, and credit point exchanging back to crystals had a 10 tax to it In mid-September, the Sixth Street planned to introduce 5 overnment promise to provide 500 tons of rice, 100 tons of flour, and 100 thousand pieces of co

The rights for the food trade in wanghai was taken back from Zhao Corporation and controlled by the ate of the Sixth Street

The quantity of the credits introduced was a decisionChen and Chu Nan

The paper bills had the amount of 1, 5, 10, 100, with a total of 3 million credits distributed 5 million virtual credits were released and recorded with the DNA sequence of the individual and used with EP implemented with the “credit trade chip” All data was stored in the bank’s database, and virtual trades must be done in NAC jurisdictions with information relay stations

The employees in the military zone of NAC would be paid in credits to prevent the depreciation of crystals i the net worth of its employees

The introduction of credit received extensive support from the Sixth Street merchants

The merchants were all smart people They knew that only the existence of order would allow for their assets to continually appreciate and to prevent everything they own fro worthless the next day

To theChen opened an exclusive channel for them with a total of 8 million credits dedicated to the in their hands The specially introduced credits would be stored in theChen also outlined that before November of this year, 90 of the special credits could not enter the market 50 would bethe restriction in January of next year This would prevent a large a the price

The introduction of credits oods in the wanghai area

The crystal detector coradually become part of history With the credits, people would choose to trade with EPs, just like how people paid with their phone in the 21st century

Not only this, Jiang Chen planned to push the “NAC standard” to other places

Use the invisible fulcrum known as Economics to lift the resources of the wasteland Just like in the other world, where the USD used gold and oil to kidnap the world economy Credits would use the prosperity of the Sixth Street and the food storage of the NAC to control all trades on the wasteland

The specifics were de their crystal strategy and use NAC credits to charge for goods Crystals would becoer used as a trade equivalent

Although the survivors outside of the province had no concept of credits and bills, with the passage of ti out of the Sixth Street, the currency would one day become the currency of the world