Solar system, earth and stars.
Earth Star Calendar, January 1, 2110, the virtual Earth Star Coin officially came into effect.
However, the number of virtual star coins in the official accounts of various countries is "0", and the number of virtual star coins in all personal accounts across the star is also "0".
On the same day, the official website of the General Administration of Earth and Stars opened a separate virtual Earth and Star Coin page, announcing the statistical tables of gold reserves and total banknote issuance reported by various countries.
Since Earth and Star coins are not directly exchanged with banknotes from various countries, the Earth and Star Administration has released an intermediate guide exchange rate between each country’s banknotes and virtual Earth and Star coins.
Among them, China has the largest gold reserves, which can be converted into virtual earth star coins of 21 billion; for virtual earth star coins, the reference exchange rate is 3000:1, that is to say, 1 earth star currency can be exchanged for 3000 Chinese coins;
Country M's gold reserves are converted into virtual earth star coins of 15 billion; the total amount of official banknotes is the largest. For virtual earth star coins, the reference exchange rate is 3333:1, that is to say, 1 earth star currency can be exchanged for 3333M coins;
The Chinese currency has a large gold reserve and a slightly smaller banknote circulation. Its strength is unexpected and exceeds that of country M banknotes.
Regarding the online consultation on the web page, the answer given by the Finance Department of the Earth and Star Administration is simple:
In addition to the valuable minerals, metals, food crops, energy reserves, and very few cutting-edge technologies across the planet, other high-tech technologies, fixed assets, etc. have limited value.
The General Administration of Earth and Stars only uses virtual Earth Star Coins for settlement, and the virtual Earth Star Coin number in the personal account is "0". If you want to increase the value of Earth Star Coins, the most direct way is to use physical gold in your hand to exchange for Earth Star Coins.
Of course, there is another way, which is to use the currency in your hand to exchange Earth Star Currency according to the intermediate guide exchange rate.
However, once this method is implemented, your currency will immediately shrink by at least 5 times, which makes you unwilling to accept it.
After the central guidance exchange rate was released, within just a few days, the entire Earth-Star economy experienced a sudden change.
Currencies that are widely circulated internationally have caused countless economic disputes in international trade settlements.
After emergency consultations, an international announcement was issued through the Earth, Star, and Sky Network.
The notice stipulates that international trade contracts before January 1, 2110 will still be settled at a fixed exchange rate last year until the contract is terminated, and defaulters will be compensated according to the contract liability clauses.
All trade activities conducted after January 1, 2110 will be converted and settled based on the intermediate guiding exchange rate.
After the notice was issued, trading parties that did not comply with the regulations were blacklisted, international trade was prohibited, and trade transfer channels were not provided, barely stabilizing international trade relations that were almost collapsing.
In the securities and futures markets, minerals and metals took the lead, followed closely by industries such as food and other necessities, energy manufacturing and other industries, with prices rising along the way and making rapid progress.
In the field of financial derivatives, the corresponding varieties have experienced huge fluctuations. The huge price disparity makes people excited and makes people feel like they have fallen into an ice cellar.
Especially in the international metal trading market, except for the stability of gold, the price index of other minerals has fluctuated hugely, which is unexplained and jaw-dropping.
People who are familiar with the inside story break out shocking news from time to time, making the market unpredictable. Buying hot-selling goods is like winning a jackpot, while earning junk goods can mean you are penniless if you are not careful.
The initiator turned out to be personnel related to the Third Fleet of the Hijin Empire. Under the current manpower shortage of the Earth and Star Administration, many soldiers were transferred to participate in the security or management of the Earth and Star.
Some of them were tempted by interests and disclosed a lot of useful information, triggering a price tsunami and causing chaos in the mineral market prices.
It would be hard for the Third Fleet and the Earth and Star Administration to say anything about this kind of thing. These are not military secrets, nor economic secrets, nor technical secrets. It is unlikely that everyone will be silent.
After analyzing and summarizing this strange phenomenon, experts called it "information asymmetry" trading.
The soldiers of the Third Fleet used the very common public information in their country to remind a trading company on Earth that such-and-such rare earths and metals are necessary materials for the production of high-end products in their empire, and that such-and-such metals are of little use in their empire. "Secrets" such as this directly influence the price trend and become "prophet" in the market. Some people are happy and some are sad.
However, something more outrageous was yet to come.
For example, two rare earth metals are said to be active elements and are one of the raw materials for the production of life evolution agents in the Hijin Empire.
As soon as this news came out, the market reacted even more violently, and the prices of related products increased by more than ten thousand times.
China is rich in rare earth resources, and the listed company responsible for mining is worth a hundred times as much, rising by the daily limit.
Someone found out that this rare earth metal had been used in some electronic components, so they searched for related equipment on the street, intending to buy it home and dismantle the useful parts, and the exchange price was much higher than the price difference of the equipment itself.
There are many myths about the operators of scrap collection stations and warehouses with goods, and they become rich overnight. They are worth over 100 million yuan overnight and escape from ordinary life.
For example, if an airline purchases a civil aviation aircraft produced by an aircraft manufacturing company, taking the Kongyin 77-900 as an example, the price is about 81 million M coins. Based on the virtual star currency exchange rate of 3333:1, it is less than 25,000 coins. Pentacles.
Let’s take a look at the net weight of Kongyin 77-900, which is 44,676 kilograms. Its metal is mainly aluminum alloy, and its weight is at least 30,000 kilograms, which is equal to 30 million grams.
According to the international metal trading market on January 5, the highest price of aluminum products was 5 million yuan per gram. The manufacturing company does not need to produce the 77-900 model aircraft at all. It can earn 150 million yuan by selling aluminum alloy metal alone. It is manufacturing aircraft. Nearly twice the selling price of the finished product.
Just because aluminum products can be synthesized into soft metals in the Hijin Empire and are the main materials for the production of automatic working robots in the industrial field, the price is calculated in grams and are very popular.
There are also all-metal consumer goods, precious metal equipment, and so on.
In the economic tide and violent price fluctuations, the identity of the poor and the rich can often change drastically in a few days or even a few hours.
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All kinds of gossip, all kinds of bizarre rumors, all kinds of magical people, all showing off their skills and dominating the situation, causing the economy to be in a mess.
This absurd price inversion has made financial experts’ eyes drop to the ground, lamenting that the entire international economy and trade is truly chaotic and unreasonable.
The General Administration of Earth and Stars intervened, announcing that alien rumors should not be listened to or believed entirely, and that trade activities within the Earth and Stars should be done well, and do not blindly compare with the interstellar, otherwise you will suffer big losses.
At the same time, it was made clear that when the Hijin Empire purchases relevant metal products, it will give a relatively reasonable price based on international trade levels, and it is impossible to allow the market to follow the trend and rise randomly.
Once the Hijin Empire gives up on purchasing and goes too far, it will be itself the unlucky one after all.
After pouring cold water on the market, people gradually calmed down, became rational, and no longer blindly chased the ups and downs, and the economic order began to improve.
At the same time, in order to satisfy the people's desire for exchange, some countries that had previously signed transfer agreements with the Earth and Star Administration conducted transfers in batches and converted a large number of Earth and Star coins, ensuring that all gold could be exchanged and banknotes issued. The exchange gap has temporarily overcome the difficulty.
In order to encourage private gold hoarders to complete the exchange as soon as possible, the General Administration of Earth and Stars has temporarily set up exchange points and provided appropriate preferential policies, giving the public more choices.
The official exchange of Earth Star Currency will charge a 1% handling fee.
The General Administration of Earth and Stars has waived the handling fee, and with the discount part, it can save about 1.5% of the fee. Families with a large number of exchanges can save a lot of money.
Therefore, many families who have accumulated a large amount of physical gold in their hands have to travel thousands of miles to a temporary location to exchange it. The money saved is obviously more than ten times more than the round trip fare, which is still very cost-effective.
This grand competition among the top three players of gold, banknotes, and earth coins has finally officially begun, kicking off a long-lasting competition.
Although paper money is currently at a disadvantage, as time goes by, I believe this disparity will gradually narrow.