"No way, see you out." Trying to use this opportunity to cash out manufactured goods from the resumption of production to obtain the currency needed to repay debts in the future? Don't even think about it!

"The money has been transferred to you. I'm really looking forward to seeing what your construction projects in Kazdel will be like, haha..."

"Yes, that's right, hahaha..."

"Ha..." Black Snake looked at the Doctor, who was also laughing happily, and instinctively felt that he had been tricked. However, after frowning and calculating the current economic situation and making predictions about the short-term future, he did not find any problem.

He even realized that deflation and the Great Depression would inevitably lead to war, so demanding that the doctor repay the money in the future could greatly delay the transition of their wartime economic system to a normal economic system.

They had considered whether the emperor would default on his debt or change the currency, but thought it was unlikely, since changing the currency would have a wide-ranging impact. "It seems we need to send Snake Scales to investigate thoroughly." After all, the doctor's sudden visit to borrow money caught Black Snake off guard, as he hadn't collected any information beforehand.

Ursus began printing more currency because it received a large amount of hard currency from the Doctor. However, the newly printed currency did not circulate domestically but was given to the Xia Group to purchase their supplies at high prices and to stockpile more hard currency.

After receiving the money, the Xia Group's first action was to increase its bulk commodity purchase orders with Victoria, Longmen, and Rembit.

Moreover, it was an urgent order. Because the emperor was frantically hoarding hard currency, the amount of hard currency corresponding to Ursus's currency increased, which meant that the currency value rose.

The orders from the Xia Group were naturally irresistible to all the factories. And after receiving payment, they wouldn't spend these easily appreciating "good coins," but instead prioritized spending slower-appreciating "bad coins" like LMD. Thus, the Xia Group, Swire Group, and Rhodes Island Group frantically bought up LMD in the market.

Following this appreciation trend, they used Lungmen dollars to buy from other countries again. After this round of currency cashing out, they almost created enough materials for the subsequent construction and production recovery in the south, and even a large amount of funds for military procurement.

Of course, the principle is also to spend all the money at one time at a certain point in time, leaving only a small amount of necessary reserve funds to deal with the risk of a broken capital chain.

And these funds will gradually be sold off after attention shifts, and then it's just a matter of waiting for this shaky Jenga to collapse.

“Son-in-law, I’ve bet all my money on you. If we lose this round, both our families will be begging for food.”

Old Tiger also showed enough courage to persuade the rest of the family to go all in with almost all the working capital, resources and personnel at their disposal. Now the entire group is only a thin veil away from running out of funds and going bankrupt overnight.

If the forecast is wrong, or if something goes wrong in any part of the process, then either Meyer's economics will violently wipe out all the creditors scattered across most of Terra, or they will truly face bankruptcy overnight and be forced to beg for food.

"Don't worry, there won't be any problems."

"How can we be at ease? How long will it take for variables to appear?"

"At the latest, the year after next, once the south is pacified, it will be their death day." Because goods are cheap and money is expensive, everyone is frantically selling off their supplies, which are all consumed by Kazdel. In addition, during this period of high interest rates, everyone is printing more money to replenish the circulation.

Unfortunately, this circulating currency did not reach the hands of lower-level consumers, but instead became purely a financial game of numbers.

Moreover, Kazdel was consciously maintaining this deflationary state, consuming more goods without ending the Great Depression, thus causing the other side's factories to operate at a loss.

If the workers do not receive enough wages, or even enough currency to purchase any goods, then when the South is pacified and Kazdel no longer needs to purchase goods,

The Great Depression will explode again in the form of deflation. At that time, excessive money printing will be a time bomb, and not printing more money will result in being blown up on the spot.

If the money supply is over-issued, the funds that Kazdel has cashed out will be spent at the highest price at some point, instantly turning deflation into inflation and triggering a panic run on the bank.

However, these people had already sold off their hard currency, which was priced low, and exchanged it for real money in order to buy more currency. They were simply unable to cope with a bank run. Once they couldn't handle the run—

In an instant, currency transformed from a highly valuable store of value into pure worthless paper. This was unlike the slow price drops of other commodities; it was a precipitous drop.

At this point, the emperor of Ursus will certainly introduce new currency to counter the old currency becoming worthless.

Unless he uses his current stockpiles of hard currency and gold to bail out the market, it is precisely because of this extreme deflation and depression that workers and ordinary people have very few banknotes, and the cost of exchanging currency is negligible.

“We can even speed them up,” Kal'tsit said. “What you just mentioned is merely a purely economic tactic. In reality, economics is not just an economic issue; it is also a political and military issue. This is why, many times, economics simply cannot solve economic problems.”

"Actually, off-market tactics are also possible. If they continue to buy, even if we sell all the currency we have, it may not be useful. You can't be sure how big their position is."

If this situation occurs and fails to trigger a bank run and inflation, then Kazdel's massive debt will blow itself up.

It's like when you're shorting the stock market and you misjudge the other side's position size. As a result, no matter how much you sell, they buy it all, and then it's your turn to have a headache.

However, currency is not the stock market, especially gold-standard currency. "We give money to employees as welfare or bonuses and ask them to exchange it for pure gold. Compared to the immeasurable amount of Terra, a country's pure gold reserves can be estimated. We just need to buy up the pure gold and Originium at their lowest prices and then run on them."

By shorting with one hand and going long with the other, one can greatly hedge against risks and artificially create panic and a run on the bank.

"They can also release news that we're preparing to establish a new hard currency warehouse to prepare for the future circulation of Kazdel currency. This means that we will acquire a large amount of red gold in a short period of time, and they will sell off these undervalued assets even more quickly..."

Then there's the artificial run on the money. If you can't exchange the money for gold, it's just worthless paper, even if the previous day it could buy several times more gold than it could exchange.

Unless they can instantly convert to a fiat currency system, taking advantage of the current decoupling of money's value from gold, and transform it into a fiat currency guaranteed by the state's credit.

However, as everyone here knows, those nobles don't have that kind of brain. They only know how to chase highs and sell lows, and they're not much smarter than the retail investors in the capitalist era.

After all, in their time, these were all real and tangible things; the abstract, speculative aspects of financial games were something they couldn't understand.

Once nobles who control large amounts of currency begin to attempt a run on the bank, everything else falls into place.

"When an avalanche starts, it's just a small snowball," the professor concluded. "But compared to that, how's our fence coming along?"

“Longmen Dollar is basically no longer used domestically; instead, our own currency is used. In addition, several banks in Victoria have offered to act as our currency exchange agents. It seems that after most currencies have exhausted their appreciation potential, they have set their sights on us.”

After all, there is a limit to currency appreciation. It is impossible to continue to maintain an annualized interest rate of over 20%. So, these bankers who have already tasted the bloodshed will naturally turn their attention to other promising new products, such as Kazdel's currency.

"Not now. If it were before, I would have been happy to, but not now..."

If this had happened before the project began, the doctor would have been quite happy, and their currency, once it entered circulation, would mostly end up in the hands of the working people.

In other words, it injected purchasing power and circulation into Terra during the Great Depression, so that everyone could happily overcome their respective crises hand in hand.

However, in the past, no one would discard the valuable Lungmen Dollar and their own local currency to hold onto worthless paper issued by a regime whose existence was uncertain, even though they claimed it could be redeemed for hard currency—

But things are different now. Currency is appreciating too fast, and their worthless paper is becoming more and more likely to be speculated on.

If you don't understand, you can refer to cryptocurrencies and you'll understand. All kinds of cryptocurrencies are essentially like this: if a currency has no value for speculation or its appreciation is too slow, or the entry threshold is too high, then switch to another one.

“No, we continue on our pace to ensure our people are not impacted in the future collapse; that’s the foundation.”

If countries around the world didn't act inhumanely and devastate their own countries, how could the Doctor and his team have gained the upper hand in a future world war? After all, the Sarkaz and Kazdel have limited potential.

Those rulers and nobles who are even remotely influential, dreaming of conquering the world and unifying the power of various nations while ignoring ethnic and national differences, are simply fantasizing.

"Then, in terms of the military industry... we have manufactured a new vehicle chassis and a new version of the Originium railgun."

Mainly thanks to the help of the Agor technicians and the selfless assistance of the smugglers of the Great Yan, the Titan chassis was gradually phased out of the military and replaced by the "Rock Crab" chassis, which was the same size but simpler and easier to maintain.

It is a replica of the "Xuanwu" tank chassis of the Great Yan Dynasty. In the Great Yan Dynasty, this is an extremely advanced large tank. Of course, like the tanks of Terra, it is more like a multi-turret monster of land gunboats than a tank.

It can carry 25 people and is equipped with a main gun of the Divine Fire Cannon and four "Divine Arm" heavy armor-piercing crossbows.

In addition, there are various grenade launchers and even rapid-fire crossbows, all shaped like boat heads and driven by four tracked walking mechanisms.

Its function is not as an assault force like a tank, but as a miniature mobile stronghold. When necessary, it can deploy the surrounding armor plates and transform into a sentry tower on the spot, making people wonder if the Great Yan has mastered some kind of amazing technology like Transformers.

However, the Doctor's side has no need for this technology. The tactics of the Great Yan are mostly defensive. What they need is the ability to quickly build positions and strongholds in the field, and then use the Great Yan's unparalleled long-range weapon technology to shoot down the enemy's vehicles.

After all, the so-called "powerful bows and crossbows are the foundation of China"... The tactics of the Great Yan army are all about how to use the terrain, topography, formations, and various battlefield supply wagons, props, and combat vehicles to create a situation where they can freely shoot and explode from a high platform.

Perhaps because they obtained part of the "authority" of those gods, the Great Flame's technology in metal casting, transforming armor, and portable shelters is extremely advanced, almost unlike what the Terrans developed later. Coupled with its ranged advantage, it is an invincible force in standard defensive warfare.

However, the Doctor and his team removed these functions, using it simply as a chassis to replace the Titan. They removed the complex transformation structure, adopted standard four single tracks and traditional hydropneumatic suspension technology, and discarded the terrifying mechanical electromagnetic suspension of the Master. The road wheel technology also adopted the unique link structure of the Great Flame for quick disassembly and quick transformation and installation.

The parts that were originally removed were replaced with blade coolers and tower furnaces, and Argonaut alloy technology was installed, thus reducing the overall weight of the vehicle while maintaining its protective performance.

The biggest change is that the Originium Railgun uses Agor's special alloy, no longer relying on Originium Arts, and therefore does not need to install weapon-specific wet parts equipment, further simplifying the complexity.

However, the trade-off is that the main gun's power is reduced by about 15%, while the advantages are that accuracy, range, and rate of fire are increased by about 7% to 9%.

If we take into account the advantages in manufacturing and maintenance, we have finally found a product to replace the Titan chassis.

The original Titan chassis was transformed into… “Boom boom boom!” A powerful military engine roared, and a mechanic covered in oil crawled out. “Alright, the engine’s working. Let’s get started…”

This enormous thing slowly began to move across the barren fields, turning over and breaking up the burned, blasted, and hardened soil, turning it into soft earth.

These discarded Titans were all turned into tractors used for emergency planting and bulldozers for clearing rubble in the south.

Chapter Ninety-Two: Ruins Management and Medical Team

Chapter Ninety-Two

"Clang, clang, clang—" The sounds of mechanical impact and the clanging of hammers echoed through the sky as countless trucks and large vehicles hauled various alloys and synthetic materials across the wilderness and up the city's slopes, heading towards the urban restoration zone.

These alloys, crafted by Master Nian and Agor, finally gave Kazdel the ability to repair town modules, while building them required more time and technical expertise.

In the destroyed sections of the city, workers used high-powered tractors modified from Titan chassis to pull rail-mounted excavator arms through the ruins. In the sloping, collapsed areas, these monsters carrying heavy iron balls smashed the sturdy city base and structure, along with some intact connecting sections.

Every now and then, a thunderous roar, like a mountain collapsing, would ring out—the sound of the destroyed structure falling into the garbage dump below.

"The road clearing team is all gathering here. Each person gets three labor points per day, plus two for children and women. Lunch is provided..."

"Scavenging team is recruiting. Six points per day, meals not provided, children and the elderly not welcome..."

"Sorting area hiring..." Signs and loudspeakers were erected haphazardly outside the safety line of the ruins area, and dense crowds lined up under these signs and loudspeakers.

These refugees and displaced people who have lost their land, homes, and jobs can only find food by coming to this construction site.

Of course, joining the army is also a better option. Unfortunately, whether it's Petrenko or Ivan, or even the Mudrock Regiment with its slightly lower requirements, the requirements are all quite high, making it difficult for most people to be selected.

Liz blended into the crowd, her expression calm. Although her clothes were somewhat tattered and dirty, they stood in stark contrast to the other refugees. "Applying for a job in the medical emergency team? Do you have any medical skills?"

"I can treat most common Sarkaz diseases and external injuries, and I also have some experience in preventing and suppressing Originium Infection," the girl said calmly. "Is that alright?"

"May I see your skills?" The girl picked up the testing medical staff and cast a simple hemostatic spell. The Originium Arts induced a reaction in the Originium particles within the organism, stimulating the generation of clotting factors, and assisting the medicine in the staff to successfully stop the bleeding.

Simple medical spells cannot cure anyone. Medical operators typically use Originium Arts in conjunction with various potions and medical tools; staves and spells merely replace the power of tools like scalpels and syringes. They also serve functions similar to acupuncture for stopping bleeding and reducing inflammation.

“Okay, go to the white tent over there. Teacher Xuyu will give you a simple training session…” The interviewer handed her a metal tag. “If there are no problems, you can start work this afternoon. The points are 3 per day plus a commission based on the number of people you treat. Food and accommodation are provided by the construction site. Just take the tag to the canteen to get your meals.”

As Dr. Agor, Xuyu was transferred here for this collaboration, although she had originally planned to resign from the hospital in Iberia and travel around Terra to make diagnoses.

The reason she stayed here was not only because her contract with the other side had not yet been terminated, but also because there were too many patients here. She was not a doctor who would abandon her patients and go on her own.

To resolve the patients' problems as quickly as possible, Xuyu didn't mind teaching a group of apprentices to share the workload. Her ability wasn't Originium Arts, but some kind of Agorian technology. She used some kind of silk-like tool to relieve pain and make diagnoses for patients. It had a very strong pain-inhibiting effect and could also be used as sutures to quickly suture external injuries.

The medical team's tent was packed with people. Simple plastic curtains separated the beds, and it was clear that the vast majority of patients had external injuries, mainly blunt force injuries from falls and impacts, with a few cuts and punctures. In addition, there were also quite a few Originium-infected patients, who were in a separate isolation and treatment area.

Interestingly, Liz didn't hear many screams from the patients; each one remained remarkably calm. This was certainly not because they had exceptional willpower to endure the pain, but rather because they were suppressed by anesthesia.

"New here?" The girl from Walber, holding the mist-forming staff, looked at Liz. "Hello, my name is Lena, I'm also new here." She's just a regular employee of Rhodes Island, sent here to help out.

"I'm responsible for managing the patients' mental state and daily care. Of course, I'm also in charge of the herb cultivation greenhouse here... Please come and visit if you have the chance."

The young woman warmly greeted the newcomers, as medical care was currently the most scarce resource in Kazdel, both in terms of medicines and well-trained doctors.

Iberia could have provided a large number of highly skilled medical personnel, but due to the problems caused by the tsunami and the sea, they were unable to spare any resources. Fortunately, with the support provided by Agor, a group of medical personnel were able to be dispatched to help.

In addition, Syracuse and Minos provided considerable assistance, but this was a drop in the ocean compared to the widespread malnutrition, Originium infection, wound infection, and even the beginnings of cholera, red fever, and influenza plague in southern Kazdel.

Both the Northern Army and the defeated soldiers from the South caused tens of thousands of burn, laceration, puncture, and blunt force injuries, not to mention other miscellaneous illnesses. The cholera outbreak caused by the mountain of corpses that could not be dealt with in time, which polluted the water source, has already kept the medical resources of Xia's Medical Group and Rhode Island Medical Group busy.

This is why poison gas and biological weapons cannot be used, and even why you can't just shoot people indiscriminately, because killing people is quite fast.

However, dealing with corpses is not so convenient; sometimes, the dead cause far more trouble than the living.

What should I do now?

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