The room was very quiet.
Congress had also discussed Credit Certificates and Credit Points. They had considered establishing a new committee to manage the system.
For now, the Credit Certificate system was still under the Federal Emergency Committee, and Catherine happened to be a core member of that committee.
The Emergency Committee did not take Credit Certificates very seriously at present. For one thing, Credit Certificates and Credit Points had not yet entered the application stage, and the main currency circulating in society was still the Federal Sol.
With Credit Points not in circulation, their value and presence had dropped drastically.
Although some people had been frantically saving Credit Points, whenever they had any money, they exchanged it for Credit Points, leaving hardly any cash in their hands.
Some had even sold everything they could in exchange for Credit Points!
Although their lives were somewhat difficult now, things would become much easier for them after they entered the shelters.
The Federal Sol was inflating rapidly, and the price of gold was also rising quickly. This meant that the exchange rate from cash to Credit Points was constantly increasing.
At present, it took roughly two hundred and seven sols to exchange for one Credit Point. Two years ago, only one hundred and fifty-five sols had been needed.
The price had risen by forty percent in two years, and as the countdown drew closer, it would only continue to rise! On the other hand, the management of Credit Certificates was currently extremely chaotic. The Federal Government had entrusted the banks with handling them, but no unified management system had been established.
A person could open Credit Certificates at different banks, but could submit only one Credit Number to the Federal Government.
Before a more complete system was established, Congress had neither the