The Lord Demon King is Unfathomable!

Chapter 1728 - 485: Thunder City Citizens Without "Perspective

The loans from the Andes Bank alleviated the urgent needs of a large group of importers and cargo owners, who almost knelt down and called him "father" after being severely harassed by the Lizardmen.

Silver coins can be counted slowly, but business opportunities are fleeting.

Missing them is tantamount to handing over a market of seven million square kilometers, which no one can bear such a terrifying loss.

Those who received the loans quickly paid the sum to the esteemed Chieftain's cousin of the Wind Roar Tribe—Mr. Sak Jifeng.

This sum of money didn't even leave the premises of the Andes Bank.

Since the Wind Roar Tribe has an account at the Andes Bank, the transaction was completed directly through account transfer, which was quite convenient.

After such a hassle, the dock workers resumed their work, moving boxes of goods from the Gutaf United Kingdom into the port warehouse.

The daily contractors at the docks went to their foremen, lined up to receive their wages for the day.

Having just received silver pounds from the settlement merchant, the foreman hesitated for a moment and negotiated with the dock workers paid daily. Eventually, most of them chose the latter between 100 copper coins and 1 silver pound, then happily took the "silver pounds" to the Andes Bank for conversion.

Previously, 100 copper coins and 1 silver coin were equivalent, but recently, the exchange rates among the three currencies in Thunder City have become distorted.

Copper coins have become vouchers for bread, except for Edward's bread, which remains at 4 copper coins, all other goods have increased in price in terms of copper coins.

No one used to be willing to pay workers with silver coins as wages because there were not many silver coins in circulation, and Campbell Silver Coins were even better. Conversely, the small nobles minted many copper coins. The prosperity of Thunder City attracted all the money from the Northeast Shore of Vortex Sea, including the "inferior coins."

Therefore, paying with "silver pounds" was effectively a disguised salary increase.

Foremen, doubtful about paper money, used this to pass on the risk. After all, their ability to withstand risk was too low, and if they couldn't cash them out, they would go bankrupt immediately.

And those daily wage workers who received silver pounds benefited because this time the daily wages were paid in silver coins!

As for the risk, it wasn't a problem for them at all.

After all, even if the Andes Family went bankrupt immediately tomorrow, it wouldn't be so bad that they couldn't cash in that one piece of paper in their hands. At worst, they would go find Prince Edward, the protector of their interests, to seek justice!

In fact, they weren't wrong, because standing behind Andes Bank was their respected Grand Duke.

True to its word, the Andes indeed, the bank's tellers gave ample silver coins to every worker who came to exchange them, and the coins even bore the Campbell family's crest.

Under Edward's orders, Thunder City's mint had been working overtime for Andes Bank these past few days to cope with the situation.

However, the worries of the two distinguished gentlemen were superfluous, for with "overseas credit" as collateral, many foremen coming to convert wages were intercepted at the door by those seeking to exchange money.

This group of despicable merchants deceived the hardworking dock workers with those "Laine Iron Coins," claiming that Laine Silver Coin and Rhode Silver Coin were also silver coins, no different from Campbell Silver Coins, and then exchanged the crisp banknotes for them, which later forced the manager of Andes Bank to come out and clarify.

In the short term, there wasn't much difference between the two.

At least in the first week of the issuance of the silver pound, the "silver pound" was equivalent to a voucher for silver coins; the scarcity had not yet translated into an exchange rate gap.

Especially since silver pounds primarily flowed into the "supply side" through loans from Andes Bank, they didn't trickle into the everyday citizens' shopping baskets.

And those who received loans from Andes Bank, the import and export merchants, were busy using the money to conduct large trade settlements with merchant ships from the Gutaf United Kingdom and Colin Duchy. Only a few scraps of banknotes went to settle the workers' wages, and no excess notes spilled over into the consumer market.

However, all this is only temporary.

As time went on, when people found that "silver pounds" were more stable than those various silver coins, the real exchange rate eventually reflected itself in the market.

Especially when those dock workers realized that they didn't need to exchange their banknotes for physical silver coins at all, this trend of an expanding exchange rate gap became increasingly apparent.

At an unknown time, 1 Imperial Silver Coin could no longer be exchanged for 1 silver pound.

At dusk, at the Warner Jewelry Store on Queen Street.

The wind chimes on the door jingled crisply, as the well-known fur merchant Mr. Jarvis from Thunder City escorted a young lady companion into the store.

This century-old jeweler was one of Thunder City's top luxury brands, much beloved by the city's wealthy and noble ladies.

It's said that the brooch Princess Erin wore to events was designed by them, though Erin herself might not necessarily know.

As a regular patron of the store, Jarvis greeted the owner coming forward with a casual greeting, a warm smile on his face.

"Warner, my old friend, I have a party tonight, and the guests at the party are quite notable, so I must take it seriously. Please choose a suitable piece of jewelry for this beautiful lady. I trust your taste will not disappoint me."

"You came at the right time, Mr. Jarvis! I just received a batch of new goods that are guaranteed to make you and your companion the stars of the party."

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