Rebirth: Super Banking System

Chapter 2510 - 2348: Greek Central Bank Launches



Chapter 2510: Chapter 2348: Greek Central Bank Launches



Three days later.


Yantang.


The design plans for Yantang Graduate Institute were published on the official website.


"Magnificent!"


"Beautiful!"


"Although slightly off, the facilities are complete, nothing is lacking."


"..."


Everyone could only marvel once again at the power of money. The huge campus is no smaller than the main institute. And next to it is the newly built Research Park.


It’s so convenient.


By then.


The integration of study and research, surely surpasses ordinary universities. Plus, with businesses served by Qingyuan Technology, the integration of industries, universities, and research institutes is directly realized.


Perfect!


...


Similarly.


When students from some prestigious universities saw it.


They were delighted.


"I’ve decided, I’ll apply to Yantang. Not for anything else, just for this campus."


"+1."


"Missed it as an undergraduate, I’ll make up for it as a postgraduate."


"..."


Regarding Yantang University’s environment, it’s safe to say that students nationwide are enviously longing for it. A large number of excellent undergraduate graduates from various universities.


Each plans to apply to Yantang.


After deciding.


Review.


Diligently review, even Tsinghua and Peking University undergraduates wouldn’t dare say their knowledge surpasses Yantang University’s undergraduates by much.


They must strive.


Otherwise.


They might not be able to compete.


...


Just when Yantang Graduate Institute was gaining popularity.


Greece.


After more than a month of preparation, the Greek Central Bank officially launched. At the press conference, Locke enthusiastically held a banknote, introducing to journalists:


"This is Greece’s new currency."


"Greek Dollar."


"Starting today, you can exchange Euros for Greek Dollars at any bank in Greece. The current exchange rate with the Euro is one to one."


"From this point on."


"Greece regained its currency sovereignty."


"..."


On stage.


Locke delivered a passionate speech. After working hard for so long, he finally brought Greece ’back on track’, no longer being held hostage by the Euro currency.


Happy!


Joyful!


Indeed.


The emergence of the Greek Dollar marks a complete separation from the Euro, the European Union certainly won’t be pleased. But so what? The spokesperson’s remarks at the last press conference.


Ignited an important conflict.


After that.


European Union’s use of financial sanctions became notably cautious. Just as many have focused on: What? Is this a bandit den? Entry permitted but not exit?


Sanctions upon exit?


Clearly.


It touched many people’s nerves.


Therefore.


Since then, the European Union gradually eased financial sanctions on Greece. Greece also seized this opportunity to gain strength for independence, establishing the Greek Dollar.


In the future.


Whenever the EU targets Greece.


Hmph!


It can all be attributed to ’retaliation for leaving the group’, relating to previous events. Like mud falling into the crotch, it can absolutely disgust the EU.


With these thoughts.


Locke was even more pleased.


Satisfied!


This move was executed beautifully!


...


On the other side.


Several core EU countries, gnashing their teeth in anger.


"Xie Te."


"Damn."


"..."


Cursing countless times, yet unable to suppress their displeasure. They wanted to take action, but the previous turmoil hadn’t subsided, unable to wipe it clean.


If not sanctioned.


Angry.


If sanctioned.


It will be brought up against them. For now, they can only let Greece be. Moreover, the consortiums’ stance is, ignore Greece, the EU matters.


United Kingdom.


Has already voted for Brexit, causing quite a stir, at this crucial moment, cannot act impulsively. Lest, like the last time, causing such a big incident.


Almost unable to wrap up.


Meanwhile.


Watching Locke’s smiling face in the footage.


"Enjoy, let’s see how long you can laugh."


"Hmph!"


"There will be a time you’ll cry, such a huge welfare expenditure, it’s an unfillable pit."


"..."


This is also one of the reasons they haven’t further sanctioned. The high welfare policy that Greece has built up over the years was based on debt.


In the past.


Supported by the EU.


Now.


Greece needs to bear it themselves, once the economy falters, and welfare is drastically reduced. The EU doesn’t need to do anything, and the Greek citizens will make a fuss.


Therefore.


Just watch quietly.


Locke!


Let’s see how you handle the aftermath. However you rose, by then the public will make you step down the same way. If you want back into the Eurozone’s door.


See if we’ll give you that face.


...


At the press conference site.


After the introduction.


Entering the journalist question session.


"President Locke, how come the Greek Dollar was finalized and printed in just over a month, does its anti-counterfeiting ability compare to the Euro?"


Upon hearing this.


Luo Ke snorted silently.


Clearly.


This question had a sting, questioning the quality of the Greek Dollar, but fortunately prepared, Locke replied calmly, "The main reason is still our high efficiency."


"As for the anti-counterfeiting ability, I can only say it is among the world’s forefront. The reason is simple, one of our anti-counterfeiting measures is adopting Myanmar’s approach."


"Digital anti-counterfeiting."


"Next one."


Locke did not elaborate further.


Because.


No one present did not know. Long ago, the Asia Dollar had implemented digital anti-counterfeiting for its banknotes, each with a unique serial number.


Deposits.


Withdrawals.


Banknote verification.


As long as the banknote goes through any banknote verification device connected to the official database, it will be recorded, and any abnormal operation will be detected.


All banknotes.


As long as they are deposited into a bank, they will be recorded. If found elsewhere without being withdrawn from official devices, the same serial number will immediately trigger an alarm.


Or.


One second.


The money with this serial number appears at one banknote verification device, and a minute later, it is scanned by a distant verification device, also an alarm will go off.


In short.


Counterfeiting the Asia Dollar.


Difficulty.


It’s really too high, except for the anti-counterfeiting technology itself. The linked serial number also provides strong technical support for combating fake Asia Dollars.


To this day.


Anyway, never heard of anyone successfully counterfeiting Asia Dollars in circulation.


"President Locke, Greece has regained currency sovereignty, but with the current global economic crisis, can Greece’s finance support its welfare system?"


The second journalist stood and directly cut through.


Upon hearing this.


Locke however remained unfazed.


Can’t help it.


With so many media present, these questions were unavoidable, "This issue, we are researching, striving to come up with a perfect plan."


Locke wasn’t foolish enough to make any promises here.


Welfare.


Definitely needs to be reduced.


But.


How much to reduce, still needs discussion. Wanting to compare with the past is naturally impossible. Therefore, addressing related issues directly is asking for trouble.


However.


Journalists didn’t intend to let go.


"If you want to maintain the previous welfare, the Greek Dollar issuance will inevitably be increased, causing its exchange rate to depreciate, do you have measures to cope with this?"


"What you mentioned, are all possibilities, next one."


"..."


Subsequent questions posed a bit of a headache for Locke but he still managed to handle them. He didn’t engage journalists on certain details.


Currently.


Speak more.


Err more.


Everything.


Let reality speak. The power behind him had provided quite a few ’suggestions’, enough to ensure he wouldn’t be ousted by the public in the short term.



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