Darkstone Code

Chapter 1482: Chapter 1480: An Adult’s Breakdown Happens in an Instant

As dawn broke, Lynch was already up and running.

A good habit of self-discipline and health management is the foundation for living longer.

Although the world is full of surprises, and no one knows if they can survive the next one, as long as you’re alive, you have to take responsibility for your present and future.

He changed his clothes and began to run, exercising.

Lemar has a very bad situation, but it can also be said to be a very good situation, which is that Lemar’s communication with the international community is of a transit nature.

To put it simply, for telephones, you need to know the other person’s number before you can dial—

That’s in the past. Now, most phones are connected to power lines, no need to manually operate a mini-generator to power the phone.

With electricity, phones can quickly communicate with someone on the other end through a scientifically explainable method.

One thing to note here is that the other party must be on the other end of the line.

This means if there is no direct line contact between you and the other party, then it’s impossible for you to communicate!

This also leads to every country imposing very high telephone service fees on international calls.

For example, in the Federation, making a call to Gafura costs about one and twenty cents per hour.

If you call Nagariel, it costs about one and eighty-five cents.

Due to distance and the difficulty of connectivity, international call fees are indeed very high.

But this does not include Lemar Republic’s phone fee calculation, as its phone network is not connected externally.

From the northern central section of the East Ocean to lay a seabed cable that could go wrong at any unknown time to nearby land is not just an issue of investment cost, but a technical impossibility!

Currently, mainstream countries lay telephone lines on the seabed, generally following a principle of staying in shallow waters.

No one knows the situation in the deep sea, and if there are faults, it cannot be repaired.

From the Lemar Republic, whether going east or west, there are no nearby standalone locations. Once out of the archipelago, it’s deep sea.

Right now, they lack the foundation to lay deep-sea cables, so in Lemar, apart from writing letters as a primitive method, there’s only telegraph left to contact the outside world.

Such an information blockade allows people to exploit these differences for many things.

At six o’clock, the telegraph office had not yet opened. Lynch had been running for half an hour and returned to the hotel.

Hot water sprayed from the shower head, washing over him, quickly taking away fatigue and sweat.

The weather had heated up, and half an hour of exercise had consumed a lot of energy, naturally producing a lot of sweat.

At six fifteen, he started browsing some notes and manuscripts, took a short break at six fifty, and began work at seven.

Many times, Federation Society has been promoting the idea of "self-discipline," often using successful people as examples, such as the powerful woman, Trish, who starts work at four-thirty, or those big capitalists rising at five in the morning.

In Lynch’s opinion, self-discipline is actually a form of self-challenge from a certain angle!

Self-discipline has no downside, on the contrary, it allows one to see their own limits more clearly.

To achieve a breakthrough in one’s life, the best way is to first break through one’s own limits.

Be a disciplined person!

At eight ten, he sat in the restaurant where the hotel had already prepared breakfast. Along with breakfast came the latest newspaper.

The unique geographical environment of the Lemar Republic makes it so that the only well-known newspaper covering the entire archipelago is the "Republican Daily," reportedly founded by the first Grand President.

Usually, there’s not much big news here, mostly about new projects being initiated, or some infrastructure starting construction, or developments in certain business sectors.

It’s the best-selling newspaper in Lemar, but it doesn’t usually carry very serious news; there isn’t much serious news here.

However, today it had an extremely serious layout without any color, and the headline was "Invisible Future".

It talked about the major international news that happened last night, such as the Lemar Republic’s declining assessment in the World Development Committee and the Federal Financial Management Committee issuing a warning about Yares.

In these few hours, everything had changed!

One Federation Sol could now exchange for over two hundred Yares, and the gap might continue to widen.

If the Lemar Republic Government cannot provide a reliable response today to restore investor confidence, its exchange rate will only continue to fall!

Never mind that it’s not part of international currency settlements, when a country’s currency collapses, it brings more than just halted transactions!

The newspaper detailed what Lemar citizens would face if this happened, as well as some current situations.

Lynch’s expression remained unchanged from start to finish; this wasn’t particularly astounding to him.

When the Lemar National Bank began tightening funds by raising interest rates, they were already on a countdown to destruction.

And their lack of public disclosure about increasing currency issuance destroyed the value of the Yares.

Assuming one hundred Yares could exchange for one gram of gold, with the bank owning one hundred grams of gold while issuing ten thousand units of currency.

Even if the external assessment of Lemar was poor or the financial order appeared on the brink of collapse, the Yares retained value!

Because no matter what, one hundred Yares could still exchange for one gram of gold, ensuring its basic worth!

However, the undisclosed issue increase obliterated all this; before, with only ten thousand units, one hundred units could exchange for one gram of gold.

Now... if there are twenty thousand units, then it takes two hundred units to exchange for one gram of gold.

But the problem is the Lemar Republic government has no document explaining exactly how much they increased issuance, and now trying to explain it to society is pointless.

People have already lost trust in them and won’t easily believe what they say. The disappointment and maliciousness in human nature will drag the Yares down even further!

At the same time, a panic to withdraw funds from banks began to escalate across the island. As the value of Yares as currency collapsed, its value in social circulation became increasingly low, no longer suitable for widespread circulation!

And for import trade, if Yares are not used for settlement, importing merchants will not label product prices in "Yares" units, as that would clearly result in a loss for them. They would only use some international currencies as trade units to ensure they don’t lose money.

The situation where Yares cannot purchase goods as a legal currency truly began, everyone knew it was money, but no one could be sure of its purchasing power!

Is it half of what it used to be?

Or just one percent of what it used to be?

No one knows!

Some speculators, small merchants, began to "take risks," agreeing to settlement in Yares by locals on the main island, but the prices were over ten times the previous amount.

In the past, a pound of eggs cost around one hundred fifty bucks, but now, in order to buy that pound of eggs, you might need to pay fifteen hundred, two thousand, even more from these people!

Resources were already scarce, and these speculators’ frenzied profiteering exacerbated internal and external factors that exploded through every link.

Even if the National Bank has absurdly high storage interest, no one is willing to deposit money in the bank at this time. Instead, they withdraw it to buy all kinds of things they can afford.

From a bag of flour, a toothbrush, to a television...

People began frantically buying everything they could see!

At eight thirty-five in the morning, the Lemar Republic Government issued a statement to the archipelago and the world, stating that their undeclared issue was only five percent of the total volume.

In fact, this figure was exaggerated; they had printed less than one percent of the total issuance.

But considering the current public sentiment, saying one percent would probably have no believers, so the bank provided a five percent figure.

Yet people still didn’t believe!

Once trust is lost, it’s hard to regain.

Fortunately, some still trusted the Lemar government, but believing what it said did nothing to help the cash withdrawal panic.

Prices were still collapsing, people’s money continued to depreciate, and the bank truly couldn’t release any funds...

In this instant, everything exploded completely!

It started with remote islands, where angry people began to smash shops, seizing whatever goods were inside.

It began with food stores, then spread to clothing stores, then jewelry stores...

All shops were looted, and finally, they targeted the banks.

This wave of destruction was quickly spreading island-wide, because they couldn’t withdraw money, because money had become worthless paper, because of past grievances...

When all these emotions erupted suddenly, they targeted the Grand President and the ruling party!

"If it weren’t for the Grand President offending the Federation people, none of this would have happened!"

Such discussions filled people’s minds. Yes, if it weren’t for the Grand President offending the Federation people, those foreign investments wouldn’t have pulled out in urgency.

The burgeoning yet unstable economic society and financial framework supported by these foreign investments wouldn’t have crumbled at a touch.

If there hadn’t been this unannounced increase in currency issuance...

Everything, everything, was because of the Grand President!

It was all because of him that Lemar ended up like this!

People shouted slogans of "Overthrow the Grand President" as they marched toward the government building, an uprising born from the bottom due to economic and financial collapse was unfolding!

Visit and read more novel to help us update chapter quickly. Thank you so much!