Pirate Kingship

Chapter 1088: Chapter 570: If You Cause Trouble in the Future, Just Don’t Mention Your Master

An annual interest rate of 25% might quickly attract funds, but the game of passing the baton is clearly short-lived and very likely to attract the hate of most people.

The Leek Harvesting Sword Technique is not meant to be used that way.

The [Banker] usually doesn’t take the forefront; you better execute plans secretly to enjoy long-term gains.

So I suggest using the ’Pyramid scheme’ model to issue national debt."

Atahualpa repeatedly chewed over this term:

"National debt?"

In traditional financial markets, it’s seen as gilt-edged bonds, synonymous with risk-free bonds.

But it depends on who’s playing; it’s not that there’s no good thing, but there’s no good person.

Catherine’s voice was melodious, but her words were like the whispers of the devil:

"Establish your own private Imperial Central Reserve Bank, and formulate the ’Imperial Reserve Law’ to grant it corresponding financial and fiscal management power.

You hide behind the scenes and attract powerful figures to build a large interest community, such as the ’Imperial Reserve Committee,’ then share the profits with them.

Use national credit and tax guarantees, agree on a suitable interest rate, and issue national debt to the aristocratic class, wealthy people, other city-states, and tribes across the continent.

Interest rates and national debt issuance amounts can be flexibly adjusted regularly, facilitating the implementation of various monetary and fiscal policies...

In this way, the continuous process of Gold flowing in becomes the process of your [Banker] profession continuously ascending, and it might not take more than one or two years for you to soar to legendary status..."

Of course, all three understood sharply. fɾeeweɓnѳveɭ.com

Playing this well can be national debt, but playing it poorly is chain collapse, a financial bomb, whose destructive force can penetrate every ordinary person’s life, potentially causing consequences more terrifying than the Mushroom Bomb.

Huh?

Why does it feel like people of the Sun Empire are naturally connected to bombs?

"The most crucial thing is, you can hide the Pyramid scheme within normal state fund-raising, with greater secrecy.

If your ancestors want to use you as firewood, you can detonate the vast empire debt at any time.

In other words, the bigger the Sun Empire’s debt scale, the safer you are..."

Catherine didn’t hide any pitfalls in the rhetoric; she spelled out the means, tools, and consequences clearly.

Atahualpa listened with bright eyes, ecstatic and scratching his head.

Finding that with the [Finance Queen]’s modification, not only is there a very large chance of smoothly promoting to Fifth Order Pseudo-God without fear or danger, but he can also gain an amulet to counter those ancestors.

He stored all the swindled money in absolutely safe offshore accounts of Online Financial Street; even if killed, they couldn’t retrieve the money.

If the ancestors dare eat him, his Queen Consort, sisters, and children, he might as well take the entire Sun Empire down with him.

This is another kind of "strategic balancer"!

Gratefully, he said to Byron and Catherine:

"Good, good, good, this is good! If professional people are sent to carefully maintain it, this system can continuously operate for a hundred years without a problem.

The money I collect will certainly have a share for you; when I calculate it, I’ll definitely give you a satisfying profit!"

In fact, whether it’s the people who conceived or implemented this method, it’s hard to say they’re good people, and it’s very easy to extensively affect innocents.

Were it not for the exceptional circumstances of the Sun Empire, they wouldn’t have handed this big weapon to Atahualpa.

Of course, Catherine hadn’t even used one percent of her strength.

Tulip financial bubble, subprime crisis, fiat currency printing cycles... there are plenty of bombs.

Now newly appointed as [Banker], Atahualpa looks at Catherine like looking at the sky from the well opening, waiting until he reaches the professional level, then he can observe the sun and moon like a firefly.

Byron openly accepted his tuition fees, but also sternly placed requirements:

"I can send a few [Bankers] with absolutely no humanity to assist you.

But the requirement is not high; in the future, when you cause trouble with these skills, don’t mention me or your Master’s Wife."

Even though Byron has seen new secrecy, solving it could earn substantial historical influence.

But before being capable of intervening in the crisis brewed by [Sun God] Inti, without fear of it suddenly exploding, Byron’s true self couldn’t return to the Sun Empire.

If possible, he still wished to strive for this natural enemy of the deep sea, who was also his natural ally.

But that would have to wait until returning from the Eastern Continent, provided Inti hasn’t exploded by then.

...

Iris Kingdom, Red Maple White Dew Palace.

Bang!

[Chameleon] Jacqueline supported her mother Magnyra onto a luxurious carriage, angrily shut the door.

Before the carriage started to leave the Royal Palace, she couldn’t help but complain:

"Mom, my uncle is really going too far.

He just got regency power and impatiently removed your position as Governor of the Colonies and swapped in his own people.

Totally forgetting that without your relationship with cousin, most of the colony’s interests would’ve been captured by the Kingdom of Castilia’s Right to Protect.

This time, grandfather is seriously ill, yet he doesn’t even allow us to visit.

Is he worried you’ll threaten his power? What a petty person!" freewebnoveℓ.com

Facing her, Magnyra also wore a disgruntled expression, evidently not getting along well with her brother, Louis XI.

Her father, [Victory King] Charles VII, who won back the territories after the Hundred Years’ War, was already seventy years old this year, considered a rare long-lived elder.