Darkstone Code

Chapter 1481 - 1479: Don’t Fall Asleep

Chapter 1481: Chapter 1479: Don’t Fall Asleep

A small accident could easily derail the outcome of a war!

When the furious Kent and others unable to withdraw their money besieged the private bank on his island, the news quickly spread across the island.

During times of social instability, people’s nerves are extremely sensitive.

They fear the slightest changes.

Everyone seems to suffer from delusional persecution; they start attempting to withdraw money from the banks, some from the National Bank, which brings them relief.

Because they can withdraw their money from the National Bank, and this money is quickly deposited back into the National Bank.

But those who withdrew money from private banks almost all encountered some issues—

At first, those who wanted to withdraw could get their money, but after withdrawing, they didn’t deposit it back but instead put it into the National Bank.

The reason is simple, the interest rates for savings in private banks are much lower than in the National Bank, differing by two to three times, which isn’t a small amount.

Depositing money into the National Bank is the most correct course of action.

But those who were still trying to withdraw later found they couldn’t either, and thus a terrifying emotion rapidly spread throughout the Lemar Islands!

This isn’t a vast country; it’s merely an island nation made up of many islands.

It even has only a few million people, which are dispersed across numerous islands...

So spreading news to everyone’s ears isn’t too complicated!

That evening, all private banks closed early, which further heightened public tension. Some radicals had already begun trying to smash these banks, wanting to force their way in to retrieve their money.

Unfortunately, such behavior is illegal. This day is destined to be recorded in Lemar’s annals since it’s the largest riot in Lemar’s history, affecting the entire island!

By ten o’clock that night, the sirens in cities big and small had not ceased, with police continuously dispersing the crowds outside the banks to prevent clashes between them and the banks.

However, in this tense moment, not all news was bad.

For example, the orders from Peng Jieao had finally arrived!

Some preliminary orders mainly for some marine products Lemar had been stocking during this period.

Marine fish such as catches have no good way to be kept alive once out of the seawater and die within a short time. To prevent these caught fish from rotting in the cabins if unsold, they are cooked and dried once the fishing boats return.

This can preserve these catches as a form of food reserve as much as possible.

This part of the order concerns these products.

"There are four orders in total, requiring a large amount of dried shrimp, fresh shrimp, and two types of live seafood."

The diplomat from Peng Jieao smiled as he handed over the orders, relieved.

The Federation folks seem unreasonable. Lynch’s reaction bewildered the diplomat since it wasn’t a method of attracting allies, more like... destruction!

Yes, destruction. He also tried to salvage the situation during this time but discovered that the current predicament wasn’t entirely caused by Lynch or the Federation.

It inherently existed within Lemar’s fragile economic system, only previously covered by Lemar’s rapid development phase.

Opportunities were everywhere here, the influx of foreign capital and rapid development helped mask these existing problems, and societal dividends hid all issues!

As long as it maintained this growth momentum, these problems would never erupt.

But as diplomatic friction between Lemar and the Federation led to tense capital outflow, an exposed, depleted agrarian-pastoral society laid bare before Lynch.

He didn’t need much effort to destroy it all!

And this is an inevitable process every society must undergo during its upgrade transformation. The influx of capital stretches the framework, allowing more capital power to be filled within, aiding rapid societal development.

But they left too quickly, so much so... the entire structure bore no risk resistance, just a light push, and it collapsed!

Lynch only pushed lightly, the inherently unstable and hollow gigantic framework started tilting from his slight force, and the tilt grew worse!

This wasn’t because Lynch was extraordinary, the diplomat told himself, it was an unrepeatable coincidence, a stroke of luck. He hadn’t really done anything...

But fortunately, the order finally arrived now.

It was a few days late but not too late, at least... that’s how he felt.

The diplomat for the first time felt the Empire should deepen its economic and financial sectors, at least not being too passive.

When the Federation disintegrated the economy of Nagariel, the Peng Jieao Empire, despite valuing it greatly, didn’t consider it a strategic means.

As some ministers said, a small country can be destroyed in a hundred ways, using finance and economy is just one of them.

If Nagariel were as mighty as Peng Jieao, turning its two hundred million people into warriors, the Federation would not be their match, let alone invade or even dismantle the social system.

When it comes down to it, still too weak!

This view holds a mainstream position within Peng Jieao, and they don’t think anyone can use these methods against them.

If there’s someone who can, then they would start a war!

Sometimes you can’t say these people’s ideas are wrong; at least from an observer’s perspective, they seem to have a point.

You provoke us, we hit you, that’s Peng Jieao people’s mentality.

But this type of thinking and cognition does not apply to other countries; it can’t help other countries achieve anything when confronting member countries centered around the Federation in the World Development Committee.

The strategy should change.

Of course, he will personally recount these once he returns to His Majesty, the Emperor. Now, what he needs to do is help the Grand President overcome the current difficulties.

Once these few orders are out, a significant problem can be solved, and after all, Lemar is just a small country!

Yes, it is just a small country.

Destroying it may not need much effort, but saving it is the same!

The Grand President also showed a smile, "Tomorrow I will arrange for people from the chamber of commerce to come over. I also believe the issue will be resolved soon upon hearing this news; they’ll surely be very happy!"

In the Grand President’s understanding, as long as the orders are issued, Peng Jieao’s deposit arrives, the National Bank can adjust the interest rate back.

And the deposit from outside can be used to solve problems for those private banks first.

In fact, the people running these banks aren’t without money.

The money from their customers was just used elsewhere, some for their own investments, some as loans. As long as the money loaned out can be retrieved with principal and interest, they themselves can put in a bit more to completely overcome this difficulty.

Once financial order stabilizes, people gain motivation to work again, and everything becomes not a problem.

The diplomat nodded, "I’m looking forward to your performance, Mr. President."

The Grand President responded with a smile.

But what they don’t know is, Lynch didn’t intend to watch this happen naturally; he actually joined this "game" too, and joined deeply.

In Lemar, it was already past nine in the evening, nearly ten o’clock, while in Bail Federal, it was not yet time to finish work.

At four o’clock, the Ministry of International Affairs issued a statement stating that due to some current issues happening in Lemar Republic, the Federation and World Development Committee have lowered Lemar Republic’s assessment level.

They believe Lemar Republic is "an unsuitable country for trade actions in the short term," and the Federation and World Development Committee have unilaterally announced the termination of currency exchange operations.

Meaning Lemar Republic’s currency, Yares, could no longer be freely exchanged for Federation Sol at the current exchange rate.

It can be said that the Federation people don’t recognize Yares as a valuable currency; remember they didn’t even do this when waging economic war against Nagariel initially!

But now, they’ve done it!

The Federation, Gafura, World Development Committee, possibly half the world’s powers, and certainly the half that’s economically, financially, and capital-wise stronger, suddenly declared Lemar Republic "out."

This announcement caused aftermaths to ripple worldwide like a tsunami!

A large number of national or international banks have stopped the exchange business of Yares.

Who knows to what extent its exchange rate will crash; it could replicate the tragedy of Nagariel!

People are anxious, uneasy, doubtful, fearful!

Anything related to Lemar is plummeting, being seen in a poor light everywhere!

The whole world once again viscerally witnessed the power of economics, finance, wealth, and capital!

It no longer hides behind power but steps directly to the forefront!

In the black market, one Federation Sol can already exchange for over one hundred twenty Yares and is sharply depreciating!

Then, the Federal Financial Management Committee issued another warning, indicating Lemar Republic Government, without increasing gold or other precious metal reserves, had commenced issuing one or more batches of new currency unannounced, for which the total volume was uncertain.

Moreover, they displayed samples and confirmed these currencies printed this year were genuine.

If the International Affairs Ministry’s announcement was a heavy punch to Lemar Republic, then the Financial Supervisory Commission’s message pierced Lemar Republic’s heart with a long sword!

Know that Lemar Republic differs from large countries like the Federation and Gafura; they’ve not proven themselves internationally, and their currency’s value system lacks credit and other weight additions.

It’s a gold-standard-dominated currency system without increased gold reserves, printing unknown amounts of money; this has become chillingly unsettling!

But all this is unknown to Lemar citizens because it is nighttime, and people are in their slumber.

Even their Grand President is having sweet dreams!

Tomorrow, everything will get better!

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