Blackstone Code

While Lynch was planning how to satisfy everyone, Vera was already sitting in a permanent member seat of the World Bank Alliance Assembly.

As a representative of Blackstone Bank and as the vice president of Vera's head office, she is also one of the very popular people in the World Bank Alliance!

Blackstone Bank is different from other federal banks in that it is better at international cooperation with international partners.

More than half of the banks here have cooperated with Blackstone Bank, such as asking Blackstone Bank for short-term lending or inter-bank international settlement business.

Enterprises in some small countries cannot afford so many federal soles to purchase federal products——

According to the regulations of the World Development Council and the Federation's actual status in the world, the Federal Sol is now the most mainstream international settlement currency.

To put it simply, if a company wants to purchase the appropriate products it needs in the international market, it must first have enough federal Sol.

Except for large import and export companies with frequent bilateral trade that will accept currencies other than the federal sol, basically smaller federal export companies are unwilling to accept currencies other than the federal sol.

It’s not that they are picky, it’s that they don’t have much use for it!

It is impossible for them to use these foreign currencies within the federal territory. Not to mention whether it is allowed by law, it is enough for them to worry that no one can give change!

Like those large, comprehensive enterprises, such as Marillo United Development Corporation.

They are willing to accept Marillo's currency because they not only export things to Marillo, but also conduct large amounts of raw material acquisition and other business activities in Marillo.

They sell their things for foreign currency, and then use the foreign currency to purchase goods in the country that issued the foreign currency, so they don't care what currency the other party uses when settling the bill.

Because no matter what it is, as long as it is the mainstream currency in their country and legal currency, they can use it directly.

But those federal small businesses that do not have large-scale bilateral trade are unwilling to accept foreign currency payments, and will write them in their contracts.

The only designated currency in the Federation is the Federal Sol. After foreign currency enters the Federation, it must first be exchanged into the Federal Sol at a bank before it can be used.

In other words, after they get the foreign exchange, they not only need to convert it into federal soles themselves, but they will also lose a handling fee, and even lose more profits due to exchange rate fluctuations!

They originally planned to sell goods for 100 yuan, but ended up getting back a lot of foreign currency. After converting these foreign currencies, they might only have 80 or 90 yuan, so they were unwilling to take this.

So what should we do if these international companies or individuals who do not have sufficient foreign exchange reserves want to purchase federal goods but cannot come up with enough federal soles?

At this time, banks come into play. They can first lend federal sol from the bank and then pay it to the recipient.

When they need to repay the borrowed money, they only need to return the domestic currency. Of course, there will be a little handling fee, but not too much.

Different banks conduct foreign exchange reserve controls every cycle, and settle some account transactions with other banks to get what they need.

These banks have a close relationship with Blackstone Bank, and they will often lend Federal Soles from Blackstone Bank for the international trade activities of domestic enterprises.

Blackstone Bank has the most abundant cash flow among the federal banks, and the interest rate is not too high. The procedures are simple, and the shares it can give are large. Everyone is willing to cooperate with Blackstone Bank.

Originally, they heard that Blackstone Bank also participated in the World Bank Alliance, and many bank presidents, founders, major shareholders, etc., planned to have a good chat with Lynch.

Unexpectedly, a lady came this time, which made them somewhat disappointed.

Lynch's legendary story is gradually being promoted around the world. His name has been bound to the "Federal Dream" and has become a cultural symbol that cannot be ignored in cultural export!

When people mention things like freedom, fairness, and opportunity in the Federation, Lynch is often used as a propaganda tool!

He is a federal tycoon from the bottom of society. He does not have a prominent family background, and he did not know any great people in the early days of his business.

Every step he takes is traceable, and although some of his business may not be legal at first, there is no clear law prohibiting him from doing it.

He inspired everyone who listened to his story, and his story gave many people the idea of ​​starting a business.

His success made everyone believe that there really are miracles in this world!

Lynch, the creator of the federal dream, created the most dazzling federal dream!

Some people have even proposed to write Lynch's story and some deeds into federal textbooks. In addition, Lynch's bust can occasionally be seen in school corridors in some foreign countries.

Accompanying his bust is a short story of about two hundred words about his hard work in adversity and ultimate success——

It is worth mentioning that most of the short stories are fictional and did not really happen.

Most of the students who need these things to motivate themselves will not be able to communicate with Lynch face-to-face and then ask him questions such as "Have you fucking done those things mentioned on the bust in the hallway?"

Lynch is the core symbol of current mainstream culture, and his success is all-round.

Wealth, politics, social status, and international social status, so many people hope to have close contact and communication with such a young, living legend.

This will be a highly anticipated "growth" for them!

Vera, who was being watched by many people at this time, sat calmly and calmly in her chair. She was used to such an environment, being noticed and being the center of attention.

More than 70% of the representatives of the governing units here have contacted her privately and exchanged business cards and opinions.

These communications made Vera vaguely feel that this World Bank Alliance was not a good thing for the current federation.

She has worked very hard to study, read books, and supplement herself with relevant professional knowledge.

But after all, some things are not recorded in books, or can be mastered by reading books!

She didn't know why she had such an idea. The entire World Bank Alliance seemed to be a loose intermediary agency responsible for coordinating some transaction issues among governing units.

But unfortunately, it gave Vera a bad feeling.

At this time, everyone is exchanging some experiences about international business. Not all banks have the opportunity to participate in international business.

Some small local banks, and even the central bank, have not participated.

Their purpose of joining the World Bank Alliance is to expand their business scope and seize this important opportunity!

Suddenly, many people bent over and lowered their bodies and ran in from the outside. Vera also noticed that her assistant did the same and came closer to her, and then squatted on the armrest of her sofa.

"There is news you must want to know. The exchange rate of the federal sol has fallen again, and some banks have suspended settlement operations."

"As a result, international trade has also been stagnated to a certain extent, and stocks around the world are falling..."

After hearing this, Vera felt unbelievable. She looked at the assistant and asked, "Why is this happening?"

The assistant gave an answer that was expected but unexpected, "The Federal Reserve Bank's third trial is over, and they still have not been able to regain control of the situation."

"Furthermore, the Ministry of Justice has revealed that the next trial may be the final trial. If they cannot produce more strong evidence, their subsequent legal claims will be rejected."

"Don't let them drag out the case."

No wonder!

After hearing this, Vera already knew why the federal Sol's exchange rate had fallen, and she also understood why stocks around the world had fallen.

Although the war ended less than five years ago, the Federal Sol has quickly become an insurmountable link in the international trade system!

Even before the war began, Messrs. Lynch and Trueman began to pave the way for Confederate Sol's international status.

Therefore, it is not the "fruit of victory brought by victory in the war" in the eyes of some people, but the seeds planted early!

Once there is a problem with Federal Sol's value system, problems will inevitably follow along with the world economy.

"In addition, Mr. Lynch said he would speak to you tonight..."

Stocks around the world began to fall due to the stagnation of international trade caused by the fall of the Federal Sol.

This is something unprecedented, and it also makes everyone aware of the importance of Federal Sol to world trade and to all countries in the world!

Some people are uneasy, and their uneasiness is about the future of the Federal Reserve and the Federal Savings Bank.

Others are equally uneasy, but their uneasiness is because they are worried that the Federation Sol has actually kidnapped the economic and financial order of the entire world!

After such a thing happened, no one was in the mood to continue chatting in the meeting, and the meeting ended quickly.

After returning to the hotel, Vera made many phone calls and chatted with representatives from other banks about the unexpected incident.

The Federal Sol exchange rate fell by 4%, which seems... unremarkable?

But if you include the naturally floating exchange rate, its peak is amplified to 9% or even 10%!

Losing 10% out of nowhere is something no company can afford.

Nowadays, the pressure of competition in international trade is so great that the profits of many companies are actually only more than ten percent.

If they were allowed to do it all at once, it would be a waste of effort or even a loss. They would definitely have to find a way to delay it.

This is also human nature.

And the federal government subsequently issued a new announcement, saying that it would treat this lawsuit with caution and find an appropriate solution.

At nine o'clock in the evening, the phone in front of Vera rang on time...