The Almighty Ring-Chapter 2919

Chapter 2919: Chapter 2907 approved

Translator: 549690339

In the entire gamma space, there were about 20 banks. If each bank was worth 1.5 billion, Ballack would be able to receive about 30 billion in insurance premiums. Based on Ballack’s understanding of these banks, the default rate of their investments was very low. It was almost no more than 1% .

Now, Jiang Fei was implementing a policy of providing relief for work. The entire Gamma Space’s economic situation was thriving. Even the lowest-class poor had a stable income. Therefore, even if the banks relaxed the auditing policy, their default rate would not exceed 5% .

What did 5% mean? It meant that out of the 20 banks, only one needed to be compensated by Ballack. The rest of the insurance premiums would be earned for free!

In this way, Ballack only needed to pay 4.5 billion for the 30 billion insurance premiums. He would have earned more than 25 billion for free! Moreover, he did not need to invest in this because he would first collect the premium and then pay for the compensation!

This was completely empty-handed!

“I’ll do it!”Ballack’s hesitation did not last long. In less than a minute, he immediately raised his head and said to Jiang Fei.

“Master Kono, do you have any questions now?”At this time, Jiang Fei turned to look at Colonel Kono and asked.

“Er…”Kono looked at the consul in confusion. He was a soldier and did not understand these things. Therefore, when he saw that Jiang Fei had successfully solved all his problems, he did not know what questions to ask anymore.

The consul looked at Notz and then looked at Ballack. These two people were businessmen, not officials. They would not sacrifice their own interests just to please Jiang Fei. Therefore, since these two people were willing to agree.., they must be able to make money.

Jiang Fei’s guidance just now seemed to have formed a perfect closed loop for the proposal. The banks were responsible for lending, and the people were responsible for lending and spending to stimulate the economy. Once they were unable to repay the money.., then, Ballack would be the one to compensate. This way, the bank’s earnings would be stable. They would definitely not die because the loans were not repaid, causing another financial crisis.

“What do you guys think?”The consul looked at the others.

“It seems to be really feasible!”

“Yeah!”

“I think we can give it a try!”

..

The high officials and wealthy people around the consul were discussing animatedly. They seemed to have been persuaded by Jiang Fei’s proposal.

“In that case, let’s try to implement it for a period of time!”In the end, the consul made the decision.

“Yes, my Lord!”Jiang Fei was secretly happy. He had once again planted the nail in the coffin. Next, he had to arrange the second step. This second step did not require the approval of the magistrate!

There was nothing important to do during the rest of the banquet because the magistrate had invited all these people over. The main purpose was to discuss the matter regarding Jiang Fei’s proposal. Now that the problem was solved.., the banquet became a place for everyone to chat and exchange their feelings.

Although Jiang Fei was not interested in such an occasion, due to his current status, he still followed the archon around and kept in touch with these high-ranking officials and the rich.

When he was bored, Jiang Fei inadvertently turned his head. He realized that Anita seemed to have gained quite a lot tonight. At this time, she was chatting passionately with a handsome blonde man.

“Hehe…”Jiang Fei laughed. He did not have any thoughts about his female secretary. Therefore, when he saw her with another man, he did not mind at all.

It was only until midnight that the banquet finally ended. For others, this night could be said to be a feast for the guests. However, for Jiang Fei, other than achieving one goal, the entire night was very boring.

“Anita, do you still need me to send you back?”Jiang Fei walked over to Anita and the handsome man and asked.

“Sir, you don’t have to worry about me,”Anita said shyly. It was obvious that she had a special event that night.

“I’ll give you half a day off tomorrow. Have Fun,”Jiang Fei said with a smile.

“Thank you, Sir!”Anita thanked him while her face was red with embarrassment.

Then, Jiang Fei did not care where the two of them were going. He left the magistrate’s mansion and drove back to his own home.

“You’re back!”Lina was still awake. She opened the door and took Jiang Fei’s coat. At that moment, she and Jiang Fei were like an old couple. Although they slept in separate rooms.., lina was still the mistress of the house.

“HMM, why are you still awake?”Jiang Fei asked.

“I’m waiting for you,”Lina said calmly as if it was a matter of course.

“Sleep early.”Jiang Fei nodded and prepared to go upstairs to wash up. There was nothing going on between him and Lina.

When he was about to go upstairs, Jiang Fei suddenly turned around and asked, “Is there anything in the gamma space that is rare but useless?”

“What do you mean?”Lina was stunned by the question.

“It means that there are few of them and they are useless,”Jiang Fei said.

“In that case, it should be the Moon Spirit Crystal, right?”Lina said.

In the past, the Moon Spirit Crystal was the equivalent of the gamma dimension. Although it was rare, it was also useless. After it was recognized by the public, it had been used as the monetary base for hundreds of thousands of years.

When Jiang Fei proposed the theory of the legal currency, the currency was endorsed by the government. The Moon Spirit Crystal instantly lost its value that had been inherited for thousands of years and became a pile of useless stones.

“There is some money in this card. You should think of a way to buy some moon spirit crystals. The more, the better.”Jiang Fei threw a card on the table.

“Why are you collecting those things? Aren’t they useless?”Lena asked.

“Go ahead and collect them. You’ll find out in the future.”Jiang Fei left a mysterious smile on his face. Then, he turned around and went upstairs.

The next morning, Jiang Fei went to work as usual after breakfast. Although he had given the female secretary a break, he still had to do what he had to do. After dealing with the official matters at hand.., jiang Fei began to prepare to increase the bank loan.

As Jiang Fei had given Anita the day off, he had to do the drafting of the documents himself. Although it was more difficult, with Jiang Fei personally handling it, some of the details could be handled better.

Very quickly, the two authorization documents were drafted. After Jiang Fei read them a few times and confirmed that there were no problems, he signed Ralph’s name and pressed his official seal.

In the afternoon, Anita came to work. This girl looked radiant today. It was obvious that she had been nourished.

“Anita, help me send these two documents out later. The first one will be sent to Ballack, and the second one will be sent to each bank separately,”Jiang Fei said to Anita.

“Okay, master Ralph.”Anita carried the documents and turned to leave.