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Chapter 783 - 783 53 The Longest Road_1

783: Chapter 53, The Longest Road_1 783: Chapter 53, The Longest Road_1 “Burn, burn, burn…”

Almost simultaneously, similar scenes appeared in major cities across the continent.

The recycled war bonds, witnessed by the public, were thrown into raging flames.

Those creditors who were originally skeptical about the Alpha Kingdom’s repayment ability suddenly gained confidence when they saw this scene.

No matter where the money came from, the Alpha Kingdom was truly recycling the bonds and genuinely destroying them.

The nobles who had been hesitant about selling off their investments, now had their worries relieved and were waiting for the market to recover.

The entire market was still massively selling bonds, the only ones left were from the Alpha Kingdom.

However, because of the fragmented sale batches, it had temporarily gone unnoticed.

A strange phenomenon occurred, the faster the clergy cashed in the war bonds, the faster the Alpha People paid off their debts.

At first, there were a series of approval processes, but later they simply moved the office to a spacious square.

All small payments were settled on the spot with gold coins, and only when the amount was large did they need to queue.

As soon as the transaction was completed, the recovered bonds were thrown into the brazier and destroyed without any hesitation.

At Holy Mountain.

Looking at the “good news” sent by the subordinates from all over the continent, Shelter VII, who was good at mathematics, finally realized that something was wrong.

The supervisory team was dispatched, and those responsible for executing the tasks also brought proof of their hard work – the Memory Stone.

However, the Alpha Kingdom, which was subject to a run, showed no signs of collapse despite the efficient work.

“How many war bonds has the Alpha Kingdom issued in total?

Why haven’t they decreased after we’ve destroyed so many?”

Shelter VII asked angrily.

This is an embarrassing question.

The clergy had conducted market research before taking action.

According to the clergy’s statistics, the war bonds issued by the Alpha Kingdom overseas were roughly between 30 and 40 million gold coins.

The plan was to buy 10 to 20 million bonds in batches to run a credit breakdown on the Alpha Kingdom.

For this, Shelter VII had prepared itself for the situation of having millions of bonds turn into scrap paper.

Now the plan has been completed and even exceeded expectations, but the Alpha Kingdom showed no signs of financial collapse.

Although Caesar IV insistently announced that this was a joint effort of the major nobles of the kingdom, Shelter VII did not believe it at all.

How could the nobles be selfless?

Even if the major nobles of the Alpha Kingdom worked together and had now paid out more than 30 million gold coins, their cash flow should have been exhausted by now.

Even disregarding the money issue, they have bought so many war bonds, the bonds circulating in the market should have been consumed.

After all, not everyone would be willing to sell at a loss if the credibility has not collapsed.

“Your Majesty, according to the investigation, some of the Alpha nobles are also secretly selling war bonds.

Perhaps the extra bonds came from these people.”

As soon as Ulysses finished speaking, everyone’s faces changed drastically.

If the guess is correct, isn’t the money they exchanged given by themselves?

When they thought about how they paid to buy bonds, the Alpha People took their money, took the profits, and then brought it back to them for payment.

At once, everyone felt more uncomfortable than if they had swallowed a fly.

They were being taken advantage of to an unbearable degree, being treated like fools!

“Your Majesty, we refuse to accept this humiliation.

We must expose the despicable actions of the Alpha Kingdom and let everyone know,” said a furious Blake.

Someone had to bear the blame for this, and it could not be the higher-ups of the clergy.

The only possibility was that the Alpha Kingdom was too despicable.

“Fool, calm down.

Just because you say the Alpha Kingdom did it, doesn’t mean they did.

Where is the evidence?”

Shelter VII immediately rebuked.

For some reason, he had been finding Commander Blake more and more unbearable in recent days.

If it weren’t for the stability of the clergy, he would have long since replaced this incompetent man.

After a pause, Shelter VII continued,

“Put marks on the gold coins to verify whether the guess is accurate.

Stop all payment activities before the news is confirmed.”

It was clear that Shelter VII hesitated.

Theoretically, as long as they kept paying like this, the Alpha Kingdom’s arbitrage game would eventually collapse.

After all, the number of bonds was limited, and once the war bonds in the hands of the Alpha nobles were consumed, the subsequent bonds would consume their cash flow.

The only problem was the harsh price.

Up to now, they had already lost almost 4 million gold coins.

If this continued, even if they could defeat the Alpha Kingdom, how much more would they have to lose?

Five million, six million, seven million, eight million…

The price of pre-payment was fixed, but the price of bonds kept rising.

The more they made large purchases, the higher the price of circulating bonds in the market.

Correspondingly, the money they had to pay in would increase.

…

The secret could not be kept under wraps.

Despite the clergy’s repeated blockades, the insiders were too numerous and the news still leaked.