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Chapter 1243 - 1243 212 A Grand Chess Game_3
1243: Chapter 212: A Grand Chess Game_3 1243: Chapter 212: A Grand Chess Game_3 …
“You two are arguing non-stop over a few percentage points of interest, not afraid of losing face if word gets out.
Hudson, have you forgotten something?
Why is there only a custom deposit for the Big Dumb Bear and none for the dragon myself?
Don’t forget, the one before you might be a future Dragon King, or even the legendary Dragon Emperor, hence the interest must be doubled!”
When faced with the voluntarily approaching Maxim, Belsden’s gaze shifted, as if looking at a fool.
You’re after their interest, but they are after your principal.
It would have been fine if you had the ability to pay, but once it exceeds the payment limit, Belsden does not believe Hudson would go bankrupt fulfilling the contract.
Good reputation, that’s just because the benefit of breaching the contract isn’t large enough.
From what he knows about Hudson, if it really came to the need to breach the contract, either find an impeccable reason to convince the creditor, or find a scapegoat to take the blame.
“Alright Belsden, let’s each give a little.
Three percent annual interest, and the interest will be timely deposited into your account every year.
Mister Maxim, you now have two choices.
Either accept the three percent annual payout, or double the interest as you suggested and make the payment altogether when due.”
Hudson spread his hands, revealing his bottom line.
Matters of the future, can be discussed in the future.
Right now, only by filling the funding gap, can he normally utilize that huge interest-free loan.
It’s unlike now, where there clearly is a significant amount of funds available on the books, but he doesn’t dare to move them, fearing that issuing too many Gold Tickets might crash the currency value.
The Jiaozi from the Song Dynasty and Baochao from the Ming Dynasty are negative lessons.
Even national credit endorsement can’t withstand the excessive issue of currency, let alone just a group of shareholders standing as support.
Once this hole has been plugged, the Near East Development Bank would be able to distribute dividends normally.
The amount of money recouped is not important, the key is to show the investors some returns.
It’s ludicrous to think about, others modernize industrially through transmigration, yet he, even after so many years, remains in the agricultural era.
The biggest impact he brought to the Continent of Aslante wasn’t an industrial revolution, but a financial one.
Seen as financially robust by the outside world, the Near East Development Bank would be considered a large-scale pyramid scheme in his previous life.
The only difference is the lack of competition on the Continent of Aslante, and the absence of any regulations, thus this inflated bubble now has a sign of a safe landing.
Hudson can’t help but sigh: The line between a con artist and a genius is a thin one.
They were all compelled, who let him be a Noble himself!
He couldn’t possibly revolutionize his own life just for industrial development, right?
Even if reformation was necessary, it would only be from top-down improvement, not a destructive, violent revolution.
Everything for the sake of developing armaments!
Linking together all of Hudson’s actions over the recent years, ultimately, they all feedback to enhancing military strength.
Not just enhancing the arms of his own territory, but also pulling the Kingdom Aristocrats along to advance together.
As it develops, the Five Nations Alliance all joined aboard the war chariot.
Everyone is hurtling down the path of Exhausting Soldiers and Wars, except the war chariot of the Alpha Kingdom is speeding a bit faster.
The armaments of the noble lords of Near East and Northern Border were almost initially set up with Hudson’s support.
If not for the Gold Tickets issued by the Near East Development Bank, acting as a currency, the kingdom would still be in a financial crisis, not experiencing the current booming economy.
This is a virtuous cycle: having ample principal allows for the development of territory production.
Having goods produced from the territory provides the foundation for developing armaments.
The money loaned out was not wasted, after circulating in the market, the kingdom acquired newly added farmlands and pastures.
The produced materials, part used to repay the loans, partially transformed into military strength.
This transformation has just begun, and still needs time to ferment.
It’s damn safety compulsions; ever since learning about the Cataclysm of Ten Thousand Years, Hudson has been in a state of alarm.
Knowing that his power alone couldn’t resist unknown risks, he began pulling people onto the war chariot.
But as he pulled, circumstances changed, and with more people climbing onto the chariot, Hudson found himself managing more and more things.
Bewilderedly developing to the current state, he created the anomaly of the Near East Development Bank.
Even the Five Nations Alliance, this unscientific international organization, was a byproduct of Hudson’s series of operations.
Without earlier strategic laying, causing abrupt international circumstances, countries from the Central Continent would definitely not band together with countries from the major roads of the North.
Everything is developing for the better, except for Hudson himself who sorrowfully needs to cover the pit for the Near East Development Bank.
No choice, the development of the Alpha Kingdom has just started on the right track, and this financial nuclear bomb cannot explode now.
In order to boost the market credibility of the Gold Tickets, even purchasing Ha’s Magic Potion is mandated by Hudson to be settled with Gold Tickets.
If someone were to inspect the bank’s ledger, they’d be astonished to find that Hudson, this major shareholder, is also the bank’s biggest depositor as well as its largest loan customer.
Both massive deposits and huge loans, those not versed in finance upon seeing this, would surely get dizzy.
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