54: Paper money
Assignats, or Assignations, were the historical precursor to paper money in France(1789~) and Russia(1769~) respectively. While their histories vastly differ in origin, the way of backing, and the downfall, both of those paper bills eventually became significantly devalued relative to hard currency which continued circulation alongside them. As a result, a special exchange rate emerged between the assignation bills and the metallic currency.
Darkened Shadow
I believe this will finally make chief broke
Jul 01 2025 05:49
Silver Scroll (François Hoffmann)
That would be very satisfying indeed! But I worry he has more tricks up his sleeve...
Jul 02 2025 11:42
Gabital
Darkened Shadow,
Jul 04 2025 00:12
Ernest
The chief considers it an "enticing offer" when it's a loan. He should return that money. I guess he won't. He'll say the loan was made by his cat or something like that. And he'll spend those 10xpaper money quickly, buying properties before their value collapses.
Jul 13 2025 14:03
Gabital
Ernest, Loans are rather beneficial to the majority of businesses in most situations - especially to a business with a specific vision as to where the money would go the moment Chief gets the "transfer". Not to mention that this is basically an interest-free loan, too!. Now, HOLDING onto credited assets is a different matter entirely, and one of the major mistakes of getting a loan.
Jul 15 2025 18:46