Will the kemonomimi encounter Alien Ranch Story?

"Duke Kosiché borrowed it too?"

“He borrowed it, he staked almost all his savings on it. He seems to be preparing to teach Rhodes Island a lesson, but…” Witt didn’t finish his sentence, it seems he’s about to suffer a huge lesson instead.

"The Duke recently announced that he would be going on vacation near Chelbonog to relax, seemingly to deliberately avoid the search by Rhodes Island and the Xia Group."

Because if the Doctor comes to repay the money in advance at this time, given that the Ursus currency has depreciated due to the buying spree of the Xia Group and Rhodes Island, wouldn't that mean the Doctor is getting Koschei's money and interest for free?

Borrowing money when it's valuable and then returning it when it's worthless is a classic financial fraud tactic. And when there seems to be no sign of a sharp drop in value in the future, or even a slight appreciation, Koschke will definitely disappear, making it impossible for the doctor to find anyone to repay the money. When the value appreciates again, the other party will reappear and immediately demand the loan.

"Also, how are our supplies and the new rationing system?"

"It must be said that the Xia Group's strategy is very effective, and the mood in some pilot communities where rationing is implemented is very stable."

After all, people are short of money and need to make a living, so this rationing system has alleviated the cash shortage to some extent.

Moreover, since the circulation of old currency has not been prohibited, some of the previously abolished old currency continues to be used, and its value remains very strong. Everyone knows that money is expensive now, so they hold onto their money tightly. Therefore, when they can exchange other worthless coupons for basic supplies issued by the government without needing money, it is normal for them to choose whichever they prefer.

It's also a process of Gresham's Law, where bad money drives out good money. Bad money is worthless, while good money appreciates in value. But since we can't avoid spending, we have no choice but to spend the bad money first.

"Great, I can rest assured now..." Exchanging currency is a very troublesome matter, so there must be something that temporarily assumes the function of currency and is in one's own hands to circulate, and the value of this new currency should be kept at a low level through a relief-like method.

Currently, the ticket issued by Ursus is called an "essential goods voucher," and its value is only equivalent to the minimum amount of water and bread a person needs for one day, and the issuing agency does not provide any recycling measures.

Simply put, you can use money to buy more than your quota, but you can't exchange the voucher back for money, nor can you redeem it for anything other than the limited supplies mentioned above.

This ensures that its value is low enough, its circulation is restricted, and a large quantity is injected into the market due to its low value and necessity. In this way, this note can temporarily assume some of the functions of currency when it is exchanged.

On Wednesday, in Lungmen, "The Ursus Twelfth Army Group has launched a major offensive into the Sami border. The Ursus military claims it will not tolerate Colombia's attempts to smear China. The Ursus Empire has recalled its ambassador to Colombia and imposed sanctions on all Colombian industries within its borders. Colombia has declared that if Ursus continues to take such hostile measures, it will take reciprocal retaliation..." The newspaper slipped from his hands and landed on the expensive mahogany table.

A moment later...

"Throw, throw quickly, throw all the Lungmen Dollars away!"

Why do Ursus throw LMD when they're fighting? Duh! Look where Ursus is.

If it enters a state of war, it will inevitably close its borders, and half of Lungmen's trade routes will be restricted. This means that Lungmen's trade will decline, commodity prices will rise, and the source of hard currency will be restricted.

After all, more than half of the hard currency that Kazdel pays comes from its investment in mining farms in Ursus.

In other words, hard currency will be heavily locked up, and the LMD (Longmen Dollar) pegged to it will experience a period of decline.

Of course, the drop wouldn't have been too big, since Ursus hadn't actually closed its borders or said that Originium from the mines couldn't flow out.

The problem is that they used leverage to hedge their positions in order to push up Colombian Coin and short Sami! If LMD falls below a certain threshold, they will be forced to liquidate their positions, and they will have to jump off the roof on the spot.

Their main funds are fine, but the leverage of the current hedge funds has exploded. Of course, hedge funds usually have lower leverage ratios and smaller amounts than the main funds, but the problem is that they have to sell in order to minimize their losses. Other main funds, such as investors who are bullish on LMD, may not be able to react in time.

On Thursday, LMD fell by more than 20%, wiping out almost all of its previous gains overnight. This triggered a large number of forced liquidations, and the sharp drop in LMD forced Ursus nobles who held large amounts of LMD to exchange it for their own Ursus currency.

But they had already lent out all their money—so the nobles and financiers who had shorted Ursus were wiped out.

On Friday, the financial tsunami truly began, with various currencies rapidly turning into worthless paper. The previously released funds and collected savings became like living time bombs. In order to earn interest, banks offered high interest rates to attract deposits, and now everyone hopes to withdraw and spend their money before it becomes worthless.

Bank runs, panic selling, and panic buying, coupled with the reduced supply of goods due to widespread factory closures caused by deflation, culminated in terrifying inflation. Within a week, the situation shifted from having goods but no money to buy them to having money but being unable to purchase anything. The market closures and trading halts on Saturdays and Sundays provided some temporary relief. However, this was merely a temporary fix.

In the past two days, more than half of the banks have closed due to bank runs, and all available supplies have been snapped up. The reconstruction of Kazdel had also taken away a large amount of supplies, which exacerbated the situation.

Even the employees of the Xia Group, who were inside the "safe city walls," were quite frightened by the surging torrent outside the walls, and they themselves were also greatly affected.

After all, they still had a lot of Kazdel dollars that could be used to buy things, as well as a lot of group ration cards. Some of the less bright ones traded these to their relatives who had LMD but couldn't buy anything.

Then, when the flood came, they realized they had been too hasty, because the Xia Group's ration cards, which could now be redeemed for goods, were the real hard currency and worth more than anything else.

"Hahaha, I'll pay back the money, I'll pay back the money right now!" The Emperor of Ursus only received news of the terrible situation in Lungmen on Sunday, and he burst out laughing on the spot. This was the most hearty laugh he had ever had since he ascended the throne.

But now the nobles and military leaders don't want money anymore; they want supplies, hard currency that can be used to buy them. However, the emperor is only willing to pay back the money and unwilling to make any compromises. What can they do?

There's no way! Without hard currency and supplies, we can't mobilize the army, and we can't even resort to violence or threats—after all, manpower is relatively easy to obtain, but where are the supplies?

Where are the logistical supplies? Where are the military pay? When a large army is mobilized, it costs tens of thousands of taels of gold, but now they have exchanged all their gold and have only worthless paper in their hands that is becoming less and less valuable every day.

Right now, they can barely maintain the army's loyalty by paying them three times their usual pay, since they haven't completely fallen into worthless status yet. But if they delay any longer and can't get any reliable supplies, their army will rebel—if the emperor offers a more reasonable price...

“What I want is an army, and what the army wants is the supplies I have. So why should I tolerate a bunch of middlemen?” Witt laughed, “Your Majesty is wise.” “When shall we exchange currency?”

"Not yet, let's push them a little further." Meanwhile, at the hotel where Duke Kosiché was staying in Cherbonog, a voice said, "Congratulations, Your Excellency, on your brilliant plan to secure the world, though you've lost resources and (your) wealth..."

"Uh..." Black Snake crumpled the letter into a ball, feeling completely distraught.

[PS]

I didn't want to complain, but I couldn't help myself. At first, someone said it was a fantasy science fiction novel, and I didn't say anything, which is normal because it really is.

Then he said it was because of faster-than-light technology. Well, that's true, since the theory of warp drive exists, but empirical evidence seems to be lacking, if we don't count that nanoscale warp bubble whose authenticity is unknown.

Then he said that "leap" generally refers to quantum leap, which can be understood using quantum theory, but not using relativity, which left me bewildered.

This statement contains both the contradiction of being wrong and the correctness of the statement.

In real scientific terminology, a transition generally refers to a quantum transition, that is, the process by which a particle jumps from one energy state to another.

But it has nothing to do with faster-than-light travel. In science fiction, we usually use the term "warp" to refer to a jump.

Second, what else can we use to address spacetime and gravity besides relativity? Quantum mechanics? Wake up! Quantum theory isn't even fully unified yet; it's just missing a solution for spacetime!

I originally thought he understood some basic scientific concepts, but was just a little confused about them.

So I spent a long time explaining to him the relationship between inertial frames of reference and the inability to exceed the speed of light, as well as the actual descriptions...

As a result, he said I was talking about speed, what does that have to do with the motion of matter? Huh? Then what the hell are you talking about?

If it doesn't involve inertial frames of reference, matter, or motion, then what's the point of speed? Infinity would be fine too.

Then he denied saying that, and said that the limit of the speed of matter moving in a medium is the speed of light in a vacuum.

The qualifier "medium" is added, which is meaningless, but the problem of inertial frames is still not mentioned. Without discussing inertial frames, relative motion can easily exceed the speed of light - two beams of light emitted relative to each other ojpg;

The correct statement is: within an inertial frame of reference, the speed of matter will not exceed the speed of light; however, in different inertial frames of reference, the total distance traveled can exceed the speed of light.

For example, if I am flying towards A at 2/3 the speed of light, and simultaneously pulling it towards me at 2/3 the speed of light, then in time T, the distance we travel can be greater than the distance traveled by the speed of light in a vacuum in time T.

As for the parts that he vehemently denied—

Haha, I was talking about speed, you're talking about objects traveling faster than light, so the two are practically unrelated—Master, translate this!

Chapter Three gave too much.

third chapter

The clear blue sky in early summer was dazzling, like a vast and exquisite sapphire, clear and sparkling. Standing on the balcony of the top suite at the very top of the hotel, which was second only to the Administration Bureau building in Lungmen, and looking out over the entire Lungmen was not a first for me. It was a very unique experience, as if I were a high and mighty king or god, looking down on the masses below, as if I were looking at a group of ants.

As a financial tycoon who controls several banks, he is indeed like a god to those insects below who are still scrambling for food and waving banknotes, trying to get the last bit of goods before the stores close. His extraordinary qualities are reflected in every detail, from eating to traveling.

The city did not burn or sink into thick smoke; this was not a war in the physical sense.

However, the chaotic streets and the scattered documents and invalid receipts all tell everyone that this is also an invisible war.

As for the defeated, no matter what honors they enjoyed in the past or how illustrious their family background was, they can only become embellishments for the victors, if there is still such a victor now.

After tidying up his tie and clothes one last time, and checking his hairstyle in the reflection of the glass door leading to the terrace, which was still impeccable, he pushed open the door, stepped onto the balcony, and came to the suspended terrace on the edge. In the past, this was a good place to drink, make merry, and enjoy the scenery.

The vast and boundless Longnan Desert and the verdant plains of Dayan to the north of Longmen are all within sight. To the northwest are the continuous Ursus Mountains, and to the southeast is the winding canal. Looking down, beneath the transparent glass floor, a group of mediocre talents struggle in the forest formed by the city.

If you light some incense and have a glass of fine wine, it's a great place to relax.

The money spent on this was just a drop in the ocean. And at this point, this was the last bit of dignity left.

Stepping onto the balcony railing, a strong wind rustled through the bamboo curtains behind me. Holding the last bottle of liquor in the suite's counter, I downed it in one gulp. Gazing at the distant, azure sky that seemed to possess some kind of bewitching allure, I bravely took that step, attempting to merge into the sky. But gravity instantly captured this sinful soul.

The sharp whistling of the wind seemed to be the mockery of gods or demons. Such sinners dared to dream of heaven. That filthy, black earth, filled with what they once thought were insects, was their only refuge. "Bang!" Blood and flesh scattered like flowers, instantly staining the plaza in front of the hotel crimson.

"Yet another"—the hotel receptionist and the security guards, who were standing guard to prevent citizens who had turned into rioters due to the collapse of the Lungmen Dollar from looting, stared numbly at the bloody flower on the ground.

"Can't you think of a quiet way to die? You're just adding a ton of work for us." This is a hotel owned by the Daigo Group, which belongs to Swire's family. More accurately, it became Little Tiger's own hotel after the marriage, part of her dowry.

Although the Xia Group has a headquarters office building that is the third tallest building in Longmen, that place is mostly used for office supplies. When Lao Xia was reviewing the design, he did not design a living environment inside. Although the office has attached bedrooms, they are only used for working overtime at night.

Therefore, this hotel is essentially her residence when she comes to Longmen for work, especially as the daily residence of the "Little Tiger" who is in charge of the Xia Group's headquarters in Longmen. She doesn't really like buying a luxurious villa, after all, she's tired of living in a more extravagant manor at home.

On the contrary, the hotel felt more novel and had a more lived-in atmosphere than an empty and lifeless mansion.

For this reason, this hotel is one of the few safe havens in Lungmen, or rather Terra, during this economic storm.

Even without a single customer, at least their wages were paid on time, and considering the trend of Lungmen Dollars becoming worthless, they were given Kazdel New Dollars and Xia Group ration cards.

"But what's the point of us keeping all this Lungmen Dollars?" The waiter looked at the manager. Weren't all these things in the safe about to become worthless?

"If you don't want to go outside and fight with those people for leftover food on the ground, then don't ask."

This is an extremely powerful threat. Every staff member and temporary worker who happens to be working here knows all too well what a hellish scene lies outside the towering walls and metal fences protecting the hotel.

The young lady also displayed an unusual kindness that shouldn't be shown for someone of her status and position. Of course, it's also possible that the hellish storm frightened her, and her instinct was to find more people nearby rather than wandering in a luxurious ghost palace.

Therefore, these staff members were allowed to bring their families and some close relatives to stay in ordinary suites on the lower floors of the hotel. The hotel also provided meals and some simple work as usual, but of course, without pay.

As for the Swire family, they were frantically buying up Lungmen dollars with Victoria gold pounds that hadn't yet become worthless.

On the one hand, the debts incurred previously should now be repaid with worthless paper; on the other hand, this is also a way to make a fortune.

"PRST will fully acquire Lungmen Dollars and Victoria Gold Pounds on the market, and is permitted to use part of its red gold reserves."

It is difficult for gold-standard currencies to completely depreciate into worthless paper like fiat currencies. The current situation is only caused by panic selling. As long as LMD has not been decoupled from gold and Lao Wei can still obtain enough gold to deal with the run on the bank, the credit of LMD will eventually recover little by little.

The economic crisis of a monetary system based on monetary standard is very different from that of the credit era. One of the reasons is that because it is linked to actual precious metals, its value fluctuation has a lower limit and it will not become completely worthless.

Even if the value of the currency plummets in a short period of time due to over-issuance or the collapse of the liquidity pool, it will not fall to nothing.

Because over-issuance of currency under a standard system and over-issuance of credit are two different things, simply put, under normal circumstances, one ounce of pure gold corresponds to one Lungmen coin.

However, in reality, when Lao Wei had an ounce of pure gold, he considered the proportion of savings, circulation, and investment holdings.

If only one LMD is issued, there will definitely be deflation in the market. Therefore, he will probably issue 3-4 LMD.

In this way, the amount of Lungmen coins circulating in the market is maintained at approximately a 1:1 ratio with the amount of pure gold he holds. In the event of a small-scale run or redemption, the Lungmen coins can be quickly exchanged for precious metals.

The previous deflation was due to the large amount of red gold and Originium that were thrown into the market, which meant that the actual amount of currency issued and the amount of hard currency were back to 1:1, while the ratio of circulating supply to actual demand was more than 1:3 and continued to increase.

In this situation, everyone is willing to hold onto money, and higher savings mean that Lao Wei would need to exchange one ounce of red gold for 10 Lungmen Dollars to use. However, considering the issue of red gold oversupply, the official redemption ratio will be adjusted to some extent.

In general, even if it collapses to almost worthless now, it's only temporary. At the very least, after this period, as long as LMD doesn't decouple, as long as Wei doesn't misappropriate the base hard currency, and as long as he can still exchange it for pure gold, even if it's 3 or even 5 LMD for one ounce, it will create a limit to the decline of LMD.

In other words, in the long run, the value of Lungmen coins will never be less than 1/5 ounce of pure gold. The current worthless state is only temporary. When this peak passes, people will not be able to consume pure gold. In the end, they will still deposit the precious metals they exchange for into banks and turn them into Lungmen coins.

With another round of savings, the value of LMD will eventually return to a relatively normal state. This is how standard currencies work, while fiat currencies do not.

Once it becomes worthless, it can never be recovered; it's something backed by the nation's credit.