Go back in time and be a chaebol

Chapter 1116: Great British Pound (Second update, please subscribe)

There is a resonance between the Kings of Rolls. As soon as they see each other, they know that they are the same type of people.

Li Miao is the king of cases. As an assistant prosecutor, his case handling rate far exceeds that of prosecutors at the same level. But even so, he will still take the initiative to take on some cases.

For example, security cases.

Normally, prosecutors are reluctant to handle such cases because they are too special. Moreover, everyone knows that the security law is a "smoking cessation law" in nature, and its nature is self-evident.

"In special times, a country always needs special means to protect itself, otherwise, Nanyang will fall into turmoil."

In the restaurant, Li Miao explained to Song Yaozu.

“So, that’s my job.”

"I see."

Song Yaozu nodded.

“Someone has to do something.”

"Just like you were the defense attorney for that Englishman."

"He has decided to plead guilty,"

"Wise choice."

Li Miao nodded.

"Nanyang's laws have always been about protecting its own people, so few lawyers are willing to take the initiative to defend foreign criminals. However, defending them is the lawyer's duty. Moreover, if they are convicted without defense, it goes against Nanyang's values..."

Song Yaozu naturally agreed with this. Although he had just arrived in Nanyang not long ago, he found that Nanyang was a place that attached great importance to law. Most problems in Nanyang would be resolved through the courts rather than privately or in more traditional ways.

Compared to Hong Kong Island, people here believe in the law more. Of course, the biggest difference between here and Hong Kong Island is that the law here is more inclined to protect its own people.

In fact, this is generally the case with laws all over the world, and juries will naturally tend to favor their own people.

"so what……"

Looking at Song Yaozu, Li Miao said.

"Now, there is a case, and I hope you can help me, no, not help me, but help others."

"What kind?"

Song Yaozu looked at the other party in confusion.

"It's like this. We arrested several Russian spies some time ago. What about them? They need lawyers to defend them, but many lawyers refused. If there are no lawyers to defend them, then the trial will be unfair. I think you should be interested in this."

This is exactly why Li Miao invited him to dinner - because he is a defense lawyer for spies. The reason why he was chosen is that he took the initiative to defend foreigners, even if it was to persuade them to plead guilty. In Southeast Asia, few lawyers are willing to defend foreigners because everyone knows the result - they will lose! Few lawyers are willing to add a few losing experiences to their own.

As for defending spies... you don't have to think about the result.

"Defending spies, this, this..."

Song Yaozu said.

"Even a traitor wouldn't do this."

"But even if they are traitors, there are lawyers to defend them."

To reject or to accept?
In the end, Song Yaozu chose to accept it. Even though he knew that everyone wanted to send those Russian spies to the guillotine, he still took the case.

However, after agreeing, Song Yaozu couldn't help but ask,

"Prosecutor Li, what kind of punishment would you recommend?"

"Of course it's the death penalty!"

Li Miao said.

"You know, those guys want to destroy Nanyang and drop an atomic bomb on us. What else can it be but a death sentence?"

Song Yaozu was not surprised by this answer. He thought about it and said.

"I will do everything I can to make sure he survives."

"That's your responsibility as a defense attorney."

Li Miao said.

"That's why I came to you. Like you said before, some things have to be done by someone, and we have to make sure they get a fair trial."

Sometimes, things are always so wonderful. The person who wants to kill the other person turns around and ensures that the other person can be treated fairly. Even after leaving the restaurant, Song Yaozu still felt that this was magical.

“Perhaps, this is Nanyang.”

From the day he took over the case, Song Yaozu not only brought boxes of files from the court, but also bought "wool curtains" - in Nanyang, this is a must for overtime work. After hanging the curtains, the light of the office will not leak out, so naturally it will not be discovered by the outside world.

This is the way of the King of Rolls!

This is Nanyang. There are always two sides to a story. On one hand, the law prohibits overtime, but on the other hand, people work overtime voluntarily in another way, just to complete the work better. This is the king of rolls.

Even in Southeast Asia, there are many such people, especially in official institutions, where there are many file kings.

For example, the Ministry of International Trade and Industry is a famous overworked institution. The overworkers there are well-known nationwide. Even the TV series mentioned the "wool curtains of the Ministry of International Trade and Industry" - in order to prevent the lights from leaking through at night and being discovered by the outside world, the offices of the Ministry of International Trade and Industry are all equipped with thick wool curtains. This has even become a joke about overtime work in TV series - when the protagonist sees the wool curtains, he is delighted, and finally he has come to the right place!
One look at the curtains tells you that you can work overtime here.

Although, this is just a comedy plot.

However, in official institutions, there are indeed some offices that hang woolen curtains, and there are indeed some people who like to work overtime. They are called "wool workers."

Wang Lisen, who works in the central bank, is such a "capable person". In the past year, he has participated in the establishment of the Indian Ocean Bank and the creation of the Ocean Pound - a currency specially issued in British colonies. It has a fixed exchange rate with the British pound and the Nanyang dollar. The exchange rate with the British pound is 1 to 20, and the exchange rate with the Nanyang dollar is 1 to 3.571. The exchange rate between the Nanyang dollar and the British pound is 1 to 5.6. The fixed exchange rate arrangement helps to maintain currency stability.

Like the British pound, the Nanyang dollar is also the subscribed capital of the Indian Ocean Bank. In the Indian Ocean Bank, Nanyang’s shares are 49.5%, and this 0.5% is what Wang Lisen fought for.

Although he was a founding contributor to the Bank of India, Wang Lisen did not join the bank. Instead, he continued to work at the central bank, working overtime every day as he did in the past.

No one would find it strange that he would work overtime, but if one day he stopped working overtime, people would find it very strange.

Even last year, when his son was born in the morning, he appeared in the office in the afternoon and continued to design the dual currency system of "pound sterling and South Asian dollar", which was also the most difficult point in the negotiations with the United Kingdom on the establishment of the Indian Ocean Bank.

The British idea was to use the Bank of the Indian Ocean to bind Nanyang, and thus use Nanyang's foreign exchange reserves to safeguard the exchange rate of the pound, while Nanyang wanted to use the Bank of the Indian Ocean to knock on the door of its colonies and turn the Nanyang dollar into a settlement currency.

Both sides understand each other's ideas and demands. The only question is how much concessions to make. The dual currency system is the key to the dispute and negotiation between the two countries. It took a year to reach a consensus and find a balance of interests.

Now, the Nanyang Yuan has begun to circulate in Africa and the Middle East, thanks to this. Of course, Britain did not get nothing in return. The originally fragile pound was endorsed by Nanyang and stabilized.

In general, both parties got what they needed from each other and achieved their respective goals. Wang Lisen, who has retreated behind the scenes, seems to be able to take a rest, but in fact... he is still working overtime.

"This guy is such an overtime maniac!"

Liu Qiren, the head of the General Affairs Section, when passing by Wang Lisen's office, saw the little light coming through the crack in the door, thought for a moment, and then simply unlocked the door and went in.

"Chief Wang, why are you still working overtime? If you work overtime every day, it will affect your promotion. After all, family is the most important... Eh? This is..."

Liu Qiren, who originally wanted to persuade the other party to go home and be with his family, immediately became interested when he saw what Wang Lisen wrote on the blackboard.

IMF, WB, GATT.

As an official of the central bank, Liu Qiren is naturally no stranger to this. The three of them correspond to the International Monetary Fund, the World Bank and the General Agreement on Tariffs and Trade.

"The three pillars of the world economy! The IMF and the WB constitute the international financial system, also known as the Bredesen system, while the latter is the international trade system. They are not only the three pillars of the contemporary world economic system, but also the basic core of international trade..."

Staring at what was written on the blackboard, Liu Qiren asked,

"How about it, do you have any idea about them?"

"How can I not have any ideas? As we all know, wars are caused by trade conflicts, and trade conflicts are caused by currency disorders. The United States and the United Kingdom are both considering how to promote world trade by stabilizing the currency and finance after the war. At the same time, both Britain and the United States believe that in order to ensure long-term peace after the war, the international economic system must be integrated. Everyone should formulate common rules and abide by them together to avoid trade wars caused by currency wars, and trade wars causing military wars..."

As financial experts, they naturally know that this is one of the origins of the "Bredesen System".

"Of course, it is well known that this system is beneficial to the United States. That is why Nanyang created the "Ocean Pound", the core of which is to establish another system. However, no matter what, our system is currently dependent on this system - IMF, WB, GATT, all three are needed by Nanyang and cannot be separated from it."

"That's right,"

Liu Qiren said as he took out two cigarettes from the box.

"When we negotiated last year, we and the British determined this. It is not about replacement, but about coexistence. To a large extent, it is attachment, just like the CFA franc, which is also attached to this system."

"So."

Wang Lisen said as he lit up a cigarette and took a puff.

"So, since we are a member of this system, we should strive for the right to speak in it, but as of now, our voice, for example, in the International Monetary Fund, is very low!"

"There is no other way. When the International Monetary Fund was established, Nanyang was not yet established. We joined later and it was not easy to get that little share. The voice of the International Monetary Fund and the World Bank is determined by the share of a country."

Liu Qiren said, shrugging his shoulders helplessly.

"This is how the world is. Sometimes the world is so unfair. We have struggled for so many years just to get to the table and sit down to eat. But unfortunately, by the time we get to the table, the fat has already been divided up by others!"

Liu Qiren was smoking a cigarette with a helpless look in his eyes. The rules were like this, so what else could they do? After thinking for a while, he said again.

"However, considering our current economic strength, it is natural to ask for an increase in quota, but this involves increasing the capital of the International Monetary Fund, which is a very complicated issue. The bank and the Ministry of Finance have discussed this issue before, and they also think so. However, they are still very optimistic about the prospect of increasing quota. After all, the economies of West Germany and other countries are also developing, and they will definitely ask for an increase in quota."

"There's only so much meat, but there are too many people to share it with, so there's less for us to eat!"

Staring at the densely drawn lines on the blackboard, Wang Lisen said:
"You're right. We were a little late at the table, and the meat ended up on other people's plates. But don't forget that someone else got up and left the table!"

"what?"

Liu Qiren was stunned and for a moment, he didn't even react.

"Someone else got up and left the table? Who was it?"

Wang Lisen did not answer, but took a deep puff of his cigarette, and as he exhaled the smoke, he said:

"Yes, not only did he get up and leave, but his portion of meat was still neatly placed on the plate!"

(End of this chapter)