Chapter 417 The Storm of the Times

Text Chapter 417: The Storm of the Times

The old Pope said slowly: "Noah's products are rich and the climate is suitable, which has led to many people from the winter and the United Kingdom looking for jobs in Noah.

"This has led to the fact that the labor force on Noah's side is quite rich...almost every town will open multiple factories."

"It's the complete opposite of Winter."

Annan replied softly.

Hui Yao IV nodded: "That's right, but Noah also has a problem that belongs to Noah alone... that is freight transportation."

Due to the obstruction of the gray fog, long-distance shipping has become almost impossible.

Even if ordinary people will not die immediately due to the gray fog, perishable and perishable commodities such as alcohol, cloth, and delicate metal products will quickly lose their value in the gray fog.

The only things that can be transported normally in the gray mist are gems, gold, silver and spell materials. And these things are available to almost everyone, so there is no need for long-distance shipping.

Then the only way is the subway freight.

"Noah's royal family restricts ordinary people's use of the subway, not to restrict the flow of illegal transcendents and ceremonial masters. Everyone knows that these things cannot be controlled or blocked. No matter how strict the investigation is, there will always be leaks. The possibility of ... and as long as one is missed and not noticed, it will cause a huge disaster."

His Excellency the Pope said in a deep voice: "So, we have always tacitly agreed that 'every gathering place must have illegal transcendents and ritual masters'.

"The real reason why ordinary people are not allowed to use the subway... is that almost all the subways that pass through Noah are used to transport goods. Even so, there are still a lot of goods that are difficult to transport out."

Because Noah's power holder is actually the agent of the nobles. And these nobles each run their own factories... So they can and will do this kind of thing.

So they directly legislated to restrict the use of the subway by ordinary people, and directly engraved the concept of "the subway is used to transport goods" into their common sense.

"Even so, the scale of Noah's factory is still expanding."

Huiyao IV said in a deep voice: "The number of factories is constantly increasing, and the technology is constantly being optimized. Farmers, fishermen, and herdsmen in various places are gradually being converted into workers. This has led to a continuous increase in the number of products on Noah's side..."

Annan nodded.

He understands what the situation is.

Many people have a wrong idea-that is, it is not because "the market needs 500 pieces now", they only produce 500 pieces. If you just run after the demand, you can't even drink the northwest wind.

The goods they produce are actually prepared for the needs that will arise in the future. In other words, when the market has started to demand 500 pieces, it means that there is actually a shortfall of at least 2,000 pieces.

But at this time, there is a problem.

——Why are you the only one earning this money?

Others have also seen it, and they are not fools. So there is competition... either in terms of price or quality, but in general it is all about dividing up this huge pie.

And if it develops well, it will start to annex its peers. Produce more, better and cheaper products, employ more skilled workers, and seize more markets.

So far, it seems that there is no essential difference from the commercial development on the earth in the eighteenth and nineteenth centuries.

But the only difference is... because of the restrictions of the gray fog, they cannot dump these products to more backward countries, and it is difficult to conduct free trade with more advanced countries.

——Because the number of subways is limited and completely restricted by the "sages" of the underground city.

If it is on Earth, something is produced well and sold well. So the big deal is to build more sailboats and send these things as far as possible to earn foreign exchange. Moreover, the process of shipbuilding itself can absorb these excess productivity.

But on the foggy continent,

This doesn't work.

Because there are so many subways.

It may be rich at the beginning, but when factories everywhere are opened, the market will always reach an upper limit. When the Noah people no longer need these things, the factory is still fighting to seize less and less market.

Even if all the subways are requisitioned for freight, there will always be a limit as the factories continue to expand and the market gradually becomes saturated.

—Because it couldn’t be sold.

These commodities were hoarded, and the silver coins became goods in warehouses. Who can sell it first and who can make money has become a power struggle among "guarantors".

They don't even intend to lower the price of commodities anymore, and come to fight a price war-the price reduction of similar commodities will lead to further saturation of the market.

Their thinking is simple.

——It’s grabbing the subway.

Whoever has higher rights can get more subway use rights. Transport the hoarded goods to cities where they can still be sold, to underground cities and the United Kingdom... and they can only transport so much every day, others have to wait.

What's more, the underground city and the United Kingdom are not defeated countries.

They also have their own industries and their own factories.

Although it is not as scary as Noah's "every gathering place has multiple factories", there is no need for you to bring the goods and I will accept them all.

The main digestive market is still inside Noah.

But unlike the economic crisis of the same period on the earth, they will not go bankrupt quickly because of the broken capital chain-because in Noah, private entrepreneurship is not encouraged.

If you want to open a factory, there must be a "guarantor" behind it. Their family has a considerable degree of background, which makes them unable to die for a while.

Yet no one went bankrupt, and everyone froze — making the problem worse.

"……I see."

Annan murmured.

He finally understood the reason why the eldest princess knew that Noah was being aggressive, but she still didn't give up.

She probably realized it a long time ago—only a war, a war in which Noah will be the winner, can digest these commodities hoarded inside Noah and let them flow back into money.

This is not a smart choice.

But there is no way out.

It seems that Noah's side is much better than Winter and the United Kingdom.

However, the crisis brewing on Noah's side is the most serious.

"So, are you going to save them once?"

Annan pointed out the true meaning of Huiyao IV's words: "Let them owe you a favor, His Highness the Pope?"

Of the ten million gold coins, only one million per year can actually reach Annan. Others will be converted into goods and transported by sea from the frozen water port to the cold winter... and this is also considered to support their "resume sea freight" policy.

If there is no accident, this will be the first major policy that will appear in front of people's eyes after the new king ascends the throne.

These goods hoarded in Noah will be purchased by the Silver Jue Church and imported to Cold Winter in the name of "donation" or "opening a bank transaction".

On the one hand, this eased the problem of lack of supplies in Winter, and on the other hand, it also eased the crisis that Noah was about to face; he made Annan owe him a favor, and made Noah's great nobles owe him a favor.

At the same time, the banking industry directly controlled by the Yinjue Church can radiate to the Duke of Winter, covering all the countries on the ground... In this way, the Yinjue Church has a reason to pull up an international financial institution to control all members China's exchange rates and tariffs, bypassing the "middlemen" in underground cities, to facilitate international transactions.

This is a good thing for everyone.

But on the Pope's side, he doesn't need to pay anything—this level of money printing can even stimulate consumption in reverse.

Compared with the "10 million" investment, the seat of the cardinal and the fragment of the truth are, on the contrary, a favor proposed by Annan knowing that Annan will definitely agree.

This is to save some face for Annan - because even if there is only 10 million, Annan will definitely agree. And if there was only that chapter of truth, Annan would feel that he was being blackmailed.

——This pope is really a talent.

If nothing else, this so far unnamed "international financial institution" may come out soon. Yinjue Church will use this organization as a springboard to become the first truly influential organization in all countries.

And with such preparations, and with such a huge first-mover advantage, it is impossible for him to do nothing.

Annan realized one thing very clearly.

The storm of the times... is coming.

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