Blackstone Code
Chapter 440

Comfort

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A sum of tens of billions of Galil —there are very few banks or individuals worldwide who can come up with that much all at once!

It's important to understand that, both now and in the past, especially in the past, the legal tender issued by the Nagaril United Kingdom was probably not much different from waste paper in the eyes of most financial professionals in other countries.

Those large banks, the National Bank, are simply unwilling to waste money to reserve some Galil as a standing foreign exchange reserve.

It can't buy anything or do anything. Even the Preton Merchant House is unwilling to accept Galil, so how could it expect other people to accept such a worthless currency? Precisely because people don't accept this worthless currency, let alone hundreds of billions of Galil, it's not easy to gather even a few hundred million Galil in a short period of time.

Lin Qi sat across the table watching Mr. He Bosi, who was pondering whether raising so much Galil for Lin Qi was in his best interest and could bring him any benefits.

"I don't quite understand why you want so much cash when you can't possibly use it all!" He Bosi felt there might be other issues involved, but he couldn't quite put his finger on them.

The loan was not an exchange. In other words, Lin Qi would return the money to He Bosi after borrowing it, along with the interest they had agreed upon.

This kind of short- to medium-term lending behavior actually happens frequently in this field. There are always times when some people urgently need money, and the best way is to borrow from a bank.

Lin Qi's requested currency was rather strange, and He Bosi had no idea what he was trying to do.

He did not answer He Bosi ' question, but simply smiled and looked at the other man.

The two looked at each other for a moment, He Bosi nodded noncommittally. "I'll ask around for you, but the value of those bonds is debatable." He leaned back. "Gefra hasn't fully opened up the redemption process for these bonds yet; it's only been limited to certain amounts."

"Its value cannot be truly reflected in its face value. I believe its true value is only 60 percent or less."

After discussing something he didn't quite understand, Mr. He Bosi began his habitual attempt to lower the price.

Whether it's stone or gold, there are ways and methods to lower prices. If there's room for fluctuation, talk about instability; if the price is stable, talk about long-term price changes; and if everything is perfectly stable, talk about legality and international policies.

Even a piece of gold can be made cheaper than its true value by these people, not to mention War Bonds, which are inherently controversial.

Anyone in the financial world knows that Gefra's previous attitude of defaulting on its debts meant that even after losing the naval battle to the Federal, they weren't particularly eager to redeem those bonds.

The new announcement from the Royal Bank Gefra is a "continuous" exchange, meaning they will exchange a batch of bonds each year until all exchanges are completed, without affecting Gefra's economic development.

This process may take three to five years, but it could also take longer. For example, if they believe their finances are not in good shape, they may reduce the amount of each exchange, and it could take more than ten years to complete the exchanges.

Ten years ago, one dollar could buy a whole chicken, but today, one dollar can only buy a chicken leg. A bond worth one hundred million Federal Sol today may only be worth twenty or thirty million dollars today in a dozen years.

Therefore, its uncertainty and instability make it the best and most foolproof option for price reduction.

Lin Qi looked at He Bosi. He had a great presence and demeanor, after all, he was Prince of a country, even if it was just a Small Country.

He didn't discuss friendship, morality, or industry rules with Lin Qi; he decisively lowered the price to secure greater profits.

Lin Qi naturally wouldn't discuss friendship with him. He rubbed his fingers together and said, "We can sign a betting agreement."

"What are we betting on?" He Bosi picked up his pipe again. He shouldn't have been smoking so much, but he couldn't resist.

When talking to Lin Qi, he always couldn't control his emotions and thoughts, and was led astray by Lin Qi. He needed something to help him distract himself and stabilize himself.

It may sound ridiculous to try to stabilize your thoughts by distracting yourself, but this trick is very effective.

"We're betting on whether these bonds will be honored."

He Bosi took out a match, lit it, and ignited the tobacco in his pipe. He flicked the match to extinguish the flame. "How do we bet?"

He took a drag of his cigarette, and thick smoke billowed from his mouth. Behind the smoke, He Bosi lost some of his gentlemanly elegance and gained a more ferocious and terrifying appearance.

"I will borrow this cash for three to four months, until the end of our agreement period, if Gefra gives further announcements about these bonds, such as fully opening up the conditions for exchange, allowing free exchange, and allowing full exchange in accordance with the conditions at the time of bond issuance."

Lin Qi reached out and collected the extra banknotes on the table. "Then when I complete this loan agreement, I will not give you a single penny of interest."

Hundreds of billions of Galil were lent out for months without interest?

This is absolutely unacceptable, and the money doesn't belong to him alone; he plans to borrow some from other places to make up the difference for Lin Qi.

Whether others stand with him or they lend money to He Bosi, who then lends the money to Lin Qi He Bosi, He Bosi must receive a certain amount of interest to explain to others. However, he did not immediately interrupt Lin Qi, as every betting agreement has two sides.

There is a possibility that it is advantageous to Lin Qi, as he just mentioned, and another possibility that it is advantageous to He Bosi, as Lin Qi is about to say.

He tilted his head back slightly, crossed his legs, and held his pipe flat on his lap.

Lin Qi smiled and continued, "If Gefra does not issue such a statement before our agreement is fully fulfilled, then that bond will be considered as interest paid by me..."

He put the banknotes back on the table and took a fifty-cent Federal Sol coin from his pocket to weigh them down.

"One hundred percent, or even more, what do you think, Mr. He Bosi?"

Mr. He Bosi nodded almost without hesitation and said, "It's fair, Mr. Lin Qi. The huge risks and huge rewards are equal, and from the agreement you've described, I'm in a better position."

He frowned slightly as he spoke, but quickly relaxed. "However, the contents of this agreement are quite extensive. I need to discuss it with my team, and I can't be sure how much cash it will ultimately bring you. I hope you can give me a few days."

Mr. He Bosi was unaware that Lin Qi had arranged a major business deal for him here, so he didn't bring his team. He treated this trip as a vacation—in his view, Lin Qi's purpose in contacting him was likely to borrow some money, since the United Development Company had expanded too rapidly and not every shareholder could keep up with the company's pace of development.

Large conglomerates develop rapidly, while individual or small forces like Lin Qi's develop slowly. This imbalance and inequality could very likely lead to infighting within the United Development Company.

But as long as his financial resources keep up with the development speed of the mainstream forces, even if they fall short, it won't be a big problem.

As for the rest, Mr. He Bosi brought his favorite hunting rifle. He had heard that the natural ecology here was well maintained, so perhaps he could go hunting while escaping the summer heat.

But to his surprise, Lin Qi offered him a great temptation upon their first meeting: bonds worth at least tens of millions of Federal Sol. If Lin Qi lost the gamble, these would become his "spoils of war."

This is much better and more cost-effective than a few percent interest; he was very tempted.

Even if he loses, the consequences won't be severe; the only problem is that the money won't accrue interest, and there won't be any more direct losses.

But he wasn't sure if there were other traps involved, such as whether Lin Qi might have run off with this worthless paper worth tens of billions, which would have been much faster than slowly developing and making money.

He also needs time to raise these funds, and he needs to wait for those people to come by boat from other places. He can't make a decision now.

"Of course, that's a reasonable request, but Mr. He Bosi, our time is limited." Lin Qi stood up and extended his hand, as did Herbers. "I can only give you five days. If you can't give me an answer after five days, then I will seek other partners, such as locals, although I don't like them!"

The two shook hands. "I'll do it as soon as possible!" Mr. He Bosi said, picking up his Walking Stick and turning to leave. He didn't want to wait a moment longer; he needed to immediately notify his team and friends to gather here and discuss whether the deal could be done.

Standing on the second floor, Lin Qi watched Mr. He Bosi ' car leave. Before long, he turned his gaze back to Ars, who was recruiting workers.

By this time, the recruitment standards had been announced, and many young and middle-aged people began to line up for preliminary review.

Two locals in dirty long gowns would first examine the applicants' mouths, looking at their teeth and oral cavity as if they were cattle or horses.

The condition of the mouth and teeth can reflect a person's physical condition to some extent, and then they will check the limbs, torso, including the armpits.

After being roughly inspected like livestock, these people were given a form.

Two days later, they can take this form to undergo a more thorough medical examination, mainly to rule out the possibility that some of the workers may be suffering from infectious diseases. After passing this hurdle, they can start working.

Seeing the workers eagerly trying to create value for Master Lin, Master Lin felt very gratified.

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