Chapter 479 Shock and helpless reality
November 5th, the first year of Xinghe.
Sapiens Company announced its currency reform plan.
All of a sudden, all major forces around the world paid attention to the currency reform of Zhiren Company.
Thomas Morgan, the behind-the-scenes boss of the Wall Street Financial Group, the financial core of the Free Association, was listening to the think tank's analysis report at this time.
Durant, a scholar of Homo sapiens, reported to Thomas:
"Mr. Morgan, according to our analysis, the introduction of the Energy Gold Coin will do more harm than good to us."
"Tell me the specific reasons." Morgan remained calm.
After the destruction he suffered at the hands of the Intelligent Company over the past few years, his ability to withstand such things has greatly improved, and he is almost becoming indifferent to both honor and disgrace.
"The reason lies in the currency value and the binding object." Durant continued: "According to the public information of Sapiens, 1 yuan of Energy Dollar is equivalent to 500 kWh of electricity, or a product with 500 kWh of electricity."
Buffett, who is also a member of the Wall Street financial group, is also in this small conference room. With his keen insight, he has already seen the core of the energy gold.
He asked another think tank scholar: "Paul, what is the annual power generation of Sapiens?"
Paul Michael, who studies the global energy market, flipped through his notebook and said, "The public data shows 75.3 trillion kWh. Considering that some nuclear-powered vehicles are not included in the statistics, and there are many secret bases hidden by the Sapiens Company, the total power generation is conservatively estimated to be around 200 trillion kWh."
Gulp! Buffett swallowed subconsciously.
You should know that at this time, America's domestic power generation capacity was only 6.6 trillion kWh. This was after the previous industrial revitalization, when a number of new cycle gas-fired power plants and nuclear power plants were added, resulting in a power generation scale.
The most terrifying thing is that Sapiens generates more than twenty times as much electricity as America.
Another big banker hesitated: "200 trillion kWh? That's about 400 billion energy dollars?"
Durant explained: "It can't be calculated that way. We also need to consider raw materials, technology, and manpower. These add up to the comprehensive currency value of energy gold. Electricity is just a quantitative weight that is convenient for quantification."
"So how much do you think the assets of Sapiens are?" Thomas Morgan asked with a frown.
"About 50 trillion gold yuan."
"What? How could there be so many?" Reed K. Mellon, who came over to watch, was shocked.
Durant smiled bitterly. "Mr. Mellon, because Sapiens holds a lot of precious and rare metals, as well as an unknown amount of mineral resources, astonishingly productive seawater agriculture, and various advanced technologies."
Everyone had to put aside their arrogance and re-examine the overall strength of the Zhiren Company.
You should know that in the black market in Central America, 1 gold dollar can be exchanged for about 3.2 to 3.3 US dollars.
Based on this data, conservatively estimated, the total assets of Sapiens Inc. will reach 156 to 159 trillion US dollars.
Various real estate and overflow values have not yet been calculated.
Although America's total assets are very large, once the financial moisture is squeezed out, they will shrink by at least several times.
The assets of the Sapiens Company are real.
If one thing is used to represent the economies of both countries, the economy of America is like a hollow Statue of Liberty, while the economy of Sapiens is a solid golden pyramid.
Durant's expression became more serious. "The emergence of energy gold coins means that Sapiens will change its previous limited gold standard model to a composite credit currency model. Gold production is limited and it is difficult to expand on a large scale, but electricity..."
Everyone present understood what Durant was going to say.
Gold is a rare mineral with limited annual production capacity.
But electricity is different. The scale of power plants can be expanded on a large scale, especially the densely packed nuclear power facilities of the Sapiens Company.
"The more serious impact is that the gold and dollar have energy attributes, which means that our oil-dollar model will further collapse."
Thomas Morgan's eyes flickered.
He knew that the parties in West Asia would not easily give up trade with the Homo Sapiens company. After all, all major markets had been divided up.
Homo Sapiens purchases a considerable amount of oil and natural gas from West Asia every year. It is currently the largest purchaser of oil and natural gas in West Asia, as well as the largest trading partner of all parties in West Asia.
These oil and natural gas are all traded using gold and silver, which is also the core ballast for the economic stability of all parties in West Asia.
They actually have no choice. If they don't accept the gold and silver, their economy will definitely collapse.
The US dollar is now unreliable . Without its world hegemony, America can no longer support the oil-US dollar system.
The Federal Reserve still owes the world trillions of dollars in unfinished foreign debt.
Any small force with a little bit of brains would not hold currencies such as the US dollar or the euro alone, but would adopt a mixed foreign exchange model.
Now the gold yuan is the strongest and safest currency.
For many small forces, this currency reform by the Intelligent Company actually brings more benefits than disadvantages.
Anyway, these small shrimps have already laid down and have stopped industrializing. They have become purely mining and agricultural countries.
The thoroughly quantified energy gold is conducive to expanding trade. They will get more discounts when purchasing products from the Homo sapiens company.
Thomas Morgan shook his head wearily. "We need to strengthen the exploration of the economic potential within the Free Union and also increase the number of members."
The others remained silent.
Another purpose of the emergence of the Free Association is actually for America to strengthen economic colonization and set up strict trade barriers to prevent the market from being taken away by Homo sapiens companies.
However, the recruitment of new members by the Free Association is progressing very slowly.
So far, the free association only includes America, Japan, Maple Leaf, Kangaroo, South Korea, New Zealand, Britain, the American Canal States, and a dozen small Pacific island countries.
America has always been interested in the Latin American region, but has not been able to find a second country willing to join.
The reason is naturally that the Sapiens company is behind the scenes.
Including the Aztecs on America's doorstep, the internal situation is in chaos, but all the Aztec leaders know an unspoken rule, that is, you can waver left or right, but don't even think about joining the Free Association, otherwise you will be killed in a minute.
Therefore, the various small forces had a tacit understanding, and no matter how America threatened or tempted them, they were just ambiguous and perfunctory.
However, America does not dare to take direct action now, resulting in the almost stagnation of the recruitment work of the Free Alliance.
Without the trade barriers of free association , America would not be able to beat Sapiens in the free market.
Thomas Morgan was very helpless. Now many small forces saw the decline of America, and their various small schemes became more and more blatant.
For example, several other small countries in Central America used to be envious and jealous of the American Canal Country, but faced with the coercion from America, they did not dare to undertake the second canal project.
Now they dare to do it, and America cannot stop it. If they force the other party into a corner, it will be even more troublesome if someone sells the project to the Homo Sapiens company.
Even our old friends across the Pacific Ocean have recently invested in a new canal in Central America, and the Europa Union has also gritted its teeth and squeezed out a little money to participate.
Thomas Morgan and the City on the Hill council could not stop it, but had to cooperate with it instead. This was the helpless reality.
