Chapter 378 Currency War (14)

Gold’s virtual economy is thrown into chaos due to China’s pranks.

Since virtual data consisting of only data of 0 and 1 was actually linked to real assets and their value, the unprecedented situation occurred, so the confusion that occurred in the virtual economy immediately spread around the world.

[Due to the skyrocketing value of gold, people’s motivation for traditional labor is extremely low because of those who made a huge fortune overnight. If this phenomenon is prolonged, the number of productive people who want to do actual labor will decrease, raising concerns of causing serious problems such as a global economic recession and slowing economic growth rate.

] Rumors are circulating that they are being captured around the world. As a result, tax authorities around the world are paying close attention to whether terrorist financing and illegal money laundering are taking place. Accordingly, in Arcadia Co., Ltd….]

[Recently, the number of so-called ‘young people’ who dispose of all their property and invest in gold, the currency of virtual reality, is increasing exponentially. This is known to be closely related to the market price of gold, which has soared more than three times recently, and experts expressed serious concern, saying that household debt in many countries, including Korea, is currently increasing at a rapid pace.

] The number of ants who turn a blind eye and panic buy is increasing. Therefore, the Arcadia Planning and Economy Department, which is in charge of this virtual economy and all transactions in the auction house, declared a state of emergency, and all employees were on standby 24 hours a day, unable to go home for almost two weeks.

“Ugh…..”

“Coffee… Where is the coffee…..”

Numerous questions and complaints about the circumstances of this situation are coming from all over the world simultaneously. However, since the subjects asking such questions were not general individual consumers, but key state institutions that oversee a country’s economic policy and budget, they could not sleep well to calm them down by coming up with plausible explanations.

“Your subordinates look very tired. Are you not able to sleep well?”

Executive Director Kwon Myung-han stepped into the office of the Ministry of Planning and Economy, suffering from hell that is hard to open his eyes. When he asked, Manager Yang Han-seok muttered helplessly, rubbing his bloodshot eyes.

“Each country has a different time difference. We try to allocate break time in consideration of the time difference in the country in charge as much as possible, but the situation and the lack of manpower make even that impossible.”

Compared to other departments, the Ministry of Planning and Economy belonged to the side where quite a lot of manpower was allocated, but the reality was that even after such a serious situation broke out, the number of people was far short.

“How…. Do you even need assistance from a crisis management response team? If you want, talk to Manager Kang Tae-Hoon and ask him to attach some additional personnel.”

A crisis management response team that has always been active and polished in such sudden situations. When asked that he would support them, Manager Yang Han-seok replied straight away with a bright face.

“If you do, we are grateful. I was wondering if I should ask.”

The crisis management and response team that is rumored to be truly all-round, having been trained in hardships and hardships for a long time. Managing Director Kwon Myung-han asked with a slightly serious face to General Manager Yang Han-seok, who was relieved thinking that his subordinates would be able to sleep even a little when they arrived, who were known to serve at least two people each.

“So… how far have you grasped information related to the market price of gold?”

Executive Director Kwon Myeong-han, who did not know anything about the surge in gold prices. Seeing President Lee Mi-yeon’s reaction at the president’s emergency meeting, she had a rough intuition that she knew something, but she couldn’t ask for something she didn’t talk about, so he quietly asked manager Yang Han-seok to investigate.

And in response to Kwon Myeong-han’s question, manager Yang Han-seok looked around with a hard face and then cautiously opened his mouth.

“I think what you said earlier is correct. We haven’t completely grasped all the information, but it seems certain that it is deeply related to China.”

Meanwhile, Manager Yang Han-seok picks up a few reports. After picking up the document he was handing over and grasping its contents, Executive Director Kwon Myung-han moaned with a serious face.

“Hmm… All of the wallets of those who bought large amounts of gold in advance belong to China.”

Although the exact identity information has not been revealed, the Ministry of Planning and Economy can look into the transaction history of Gold’s electronic wallet in detail. So Yang Han-seok, manager, started talking to the executive director who recommended one assumption he thought of.

“It is understood that it has probably been accumulating an astronomical amount for a long time. Through this, it seems that the purpose is to make a profit by inflating the market price in an instant, but since the amount is the amount, there is a strong possibility that the Chinese government is behind it.”

An amount too astronomical for one individual to handle. It was an absolutely impossible situation unless a huge national-level organization moved behind the scenes, so Yang Han-seok spoke with a confident face, and Executive Director Kwon Myeong-han had the same thoughts.

“I guess so. There was absolutely no reason for the boss to talk to the Chinese branch manager alone… What did China’s Ministry of Finance say about this manipulation of the market price?”

Yang Han-seok, who has already protested and begged in several phone calls with the Chinese government’s Ministry of Finance, and persuaded them regardless of means and methods. However, they only spit out consistent answers that were too formal.

“The Chinese government said it had nothing to do with this. Perhaps individual investors who predicted a positive outlook for gold openly raised their flippers, saying that they were investing?”

After all, China’s Ministry of Finance officially denied their involvement at all.

Manager Yang Han-seok could not openly ask them not to lie, so they had no choice but to step back without any gains, but after that, the situation began to flow strangely.

“But… after that call, strange things suddenly started happening.”

“Strange thing…?”

“yes. One specific wallet suddenly started selling a huge amount of gold, and there was another wallet that received all of that huge amount.”

Jae-Young sold all of his 4 billion gold. And most of that amount went straight into another wallet.

“A transaction of exactly 4 billion gold. Its scale alone amounts to 1,600 trillion.”

Yang Han-seok, manager of the department, reports the related content with a face that is too incomprehensible. And at that moment, managing director Kwon Myeong-han, who had been caught off guard, spouted out the coffee he was drinking and continued to choke.

“What… what…? 4 billion gold? 1600 trillion? What the hell kind of ghost-forgotting sound is that?”

“Really. This transaction has already been confirmed more than 5 times. Look.”

A mysterious user whose identity is unknown, but who sold all of the enormous amount of 4 billion gold in less than a week. And the face of the managing director became contemplative at the fact that the settlement amount alone reached 1,600 trillion won.

“What is this? The seller’s account is Korean, isn’t it…?”

Situation in which 4 billion gold was sold in Korea and all of it was received from China. And the moment he saw it, Executive Director Kwon Myung-han immediately remembered the worst situation.

“This… can’t it be that the boss did it…?”

Managing Director Kwon Myeong-han feels anxious that President Lee Mi-yeon may have done this by using the administrator’s authority to create infinite game money. However, general manager Yang Han-seok waved his hand as if it could be so.

“Ah, could it be that you did? If that happens, you probably know more than anyone that the current gold economy will completely collapse.”

The purpose of existence of the Ministry of Planning and Economy and the biggest reason for receiving full support.

Formation of international trust in virtual currency gold and recognition as a global international currency.

So, knowing that arbitrary currency creation and manipulation is a forbidden act that destroys the basic and most fundamental trust for all of this, Manager Yang Han-seok had no such thought at all. That is, until Executive Director Kwon Myung-han asked the simplest question.

“okay? Then, which Korean user had an insane level of funds of 4 billion gold?”

“That’s…”

At that, Manager Yang Han-seok was at a loss for words.

Arcadia is the hardest to make money than any other game.

In fact, it was true that 4 billion gold was a very unrealistic scale because it required extreme difficulty and demanding play that required spending as much as you earned or more.

“Besides, the account in question has never used the auction house before, right? I don’t know about items, but this is the first time I’ve ever traded gold. Manager Yang Han-seok knows, but does it make sense that I’ve never bought or sold gold while enjoying Arcadia?”

“That’s true…..”

The gold exchange account information system was completely overhauled while establishing an information sharing system with tax authorities. Looking at the records that had been completely clean up until now, Executive Director Kwon Myung-han and Manager Yang Han-seok made expressions that were so incomprehensible.

“Anyway… keep an eye on that account. If the Chinese government starts questioning you about this, you will be the one who will be in trouble the most. And try to find a way to figure out the identity of the user somehow.”

“All right.”

An individual who made an astronomical amount of money, almost three times the national budget of Korea, which is 1600 trillion won, where 4 billion gold popped into the market. In this crazy situation that no one could understand, Executive Director Kwon Myung-han gave advice with a bewildered look on his face and gave some instructions.

However, he couldn’t finish what he was saying when he heard the voice of General Manager Kang Tae-hun calling him with a sudden groaning sound.

“That manager! Big trouble… big trouble!”

Executive Director Kwon Myeong-han was taken aback by General Manager Kang Tae-hoon, who ran to find him almost in a fit of contemplation. But he soon understood his reaction.

[Ah….. Recently, the price of gold has suddenly risen dramatically? I wasn’t really interested, but I need some money this time, so I decided to get some help from the top of the pie to get rid of some stuff. So, this is the first public announcement through iPlus’ official channel! The rare red dragon Kervenian I caught!]

Dex, a player famous for being the culprit behind the past Beylan crisis and the first dragon slayer.

In the video uploaded to Arfandia by surprise, he was suddenly revealing the dragon’s legacy, which had never been known before, to the whole world. And in the video, users around the world, including Executive Director Kwon Myung-han, witnessed a transcendental scale of wealth that they could not even imagine.

The sparkling golden sea.

He smiled so brightly on top of the enormous pile of gold that he dared not even comprehend its scale, and openly told the story of how the pie troupe wiped out the dragon’s rare.

[Um….. I’ve stolen about 4 billion gold so far, but there’s still 4.6 billion gold left? But the gold market is still very expensive, so I’m just going to sell everything. But suddenly, in the middle of selling and clearing, the auction house said that the transaction was being checked, and the transaction was blocked. I’m going to sleep the rest of the gold during the inspection and sell it later.]

He predicts that he will throw 4.6 billion gold as if it’s nothing.

As if he had no idea what the aftermath this video would bring, Jaeyoung smiled with a very pure face and waved at the viewers.

[To commemorate the money, I should buy some chicken for dinner tonight. Everyone, eat well and play games. So, this video ends. Hello everyone~.]

Source: Webnovel.com, updated by NovelKeep