Travel through the 1945 super power construction secret base
Chapter 150 New Currency Issuance
Coins can be designed and manufactured fairly quickly because the technology is readily available.
A type of plastic developed by the Materials Research Laboratory is particularly suitable for making plastic banknotes.
Compared with the paper money currently in circulation in various countries, plastic banknotes have significant characteristics such as anti-fouling, waterproof, anti-counterfeiting, and not easy to be damaged.
Not only is it cleaner, safer and more durable to use, its lifespan far exceeds that of paper money.
In addition, the recycled old coins can be dissolved and reused to achieve resource recycling.
It's just that no one has ever thought of using plastic to make coins before.
The research institute used two extremely thin pieces of plastic and sandwiched 0.1 grams of gold foil between them, giving the entire coin a golden appearance and extremely beautiful.
A pattern of an airship is printed above the gold foil, combined with anti-counterfeiting measures such as gradient colors to ensure that this coin cannot be counterfeited at present.
This special plastic alone is difficult for outsiders to obtain.
As for the design drawings of the machines related to the printing and processing of banknotes, they have already been completed.
However, due to the limited production capacity of Xincheng at this stage, it is unable to manufacture such sophisticated machines, so Wang Ze still needs to operate this link personally.
After the machine was produced, after discussion with the eldest brother, the mint was finally located in the new city.
This is also because placing the coins in industrial areas is not conducive to the security and confidentiality of the coins.
After all the raw materials are ready, large-scale plastic banknotes begin to be processed and produced in an intensive and orderly manner.
Soon, the first set of plastic banknotes numbered xc0000001 was delivered to Wang Ze.
He took the complete set of New Town coins with all denominations with great joy, and a strong sense of accomplishment surged in his heart.
He imagined that in the future hundreds, thousands, or even tens of millions of people would use this kind of currency. The feeling of influencing millions of people with just one word made Wang Ze very excited.
However, Wang Ze did not keep this set of precious coins for himself, but returned it directly to the mint and asked them to keep it properly.
One day in the future, these coins will become an important testimony to the development of the new city.
Immediately afterwards, the new city government launched extensive publicity for the issuance of the new currency in various places in Tanah Rata.
Time flies, and soon a month passed. All shops in the Tanah Rata area now only accept SGD as payment for taxes.
Local residents have shown a high level of acceptance of the new currency and are even quite fond of this plastic coin.
After all, compared to traditional currency, it is not only easier to preserve, but also sturdy and durable.
Especially the fifty and one hundred denomination bills, one shining with gold and the other shining with silver, which look particularly beautiful and elegant.
Before long, the currency exchange in various cities was successfully completed, but in the cities of Tanah Ratan, only a few wealthy people exchanged a small amount of new currency.
They were skeptical about the currency issued by the new city and did not dare to exchange it as easily as ordinary people.
After Wang Ze learned about this situation, he did not take any compulsory measures.
After all, the operation of the new city in the future will only accept the SGD. As long as these people still live in Tanah Rata, they will sooner or later accept the SGD.
At the same time, the tens of thousands of newly arrived Chinese had a very low level of acceptance of this new currency.
Although the government has promised that both one hundred yuan and fifty yuan can be directly exchanged for gold.
One hundred yuan can be exchanged for 30 grams, and fifty yuan can be exchanged for 15 grams, but these Chinese have very low trust in the government's promises, and each of them is very worried that they have been cheated.
Some troublemakers even began to incite workers to hold marches and demonstrations to express their dissatisfaction.
However, before these people could take action, they were quickly stopped by al-Qaeda members.
Later, at a general meeting, these people were fired directly and their wages were paid in US dollars according to the days they worked there.
We packed up our things and took them on board that day and sent them away.
After these precedents, the workers' originally restless mood suddenly calmed down.
Although they still have some concerns in their hearts, they no longer dare to complain or protest openly.
After all, it is impossible to find a job with such treatment anywhere else. Not only is the salary high, but food and accommodation are provided, and they are even given two days of rest every week. They are very satisfied with the life here.
When the first month's salary was paid, many people didn't even have time to count the money before they rushed to exchange it all for gold.
The members of the base met their demands as if they were watching a joke.
However, when these people wanted to go shopping in stores, the problem arose: the stores did not accept gold as payment.
Only then did they realize that even if they wanted to exchange the gold back into 100 new dollars, it would be impossible because the currency exchange office would not accept gold in exchange for new money.
Now these people are in trouble. If the industrial zone had not provided accommodation and food, they would probably face the risk of starving to death.
For a whole month, they could not buy anything and could only hold the gold in their hands, feeling extremely regretful.
The few workers who did not exchange for gold watched them with glee, feeling extremely proud of their decision not to follow suit.
The new currency was popularized in the Tanah Ratan area in a short period of time. After all, there are few people, so it is easy to spread it out. However, the acceptance level in other countries depends on this, which requires the new city to work harder.
At this stage, these new currencies are unlikely to be accepted in other places, and all industrial workers returning to Singapore can only choose to exchange them for gold and bring them back.
Wang Ze had no choice but to let things take their course. Anyway, the rule was that SGD 500 denominations could be directly exchanged for gold, and there was no limit on the amount. Unlike US dollars, you had to meet the standards before you could exchange them for gold.
Wang Ze believes that people will be able to accept this policy over time.
The emergence of this policy is also thanks to Wang Ze, who discovered a gold mine more than 300 meters underground while building a geothermal power generation device.
It was precisely because of this mineral that Wang Ze dared to decide to exchange it for gold at will.
Otherwise, the tiny amount of gold he had gathered everywhere would not be enough to support the issuance of a country's currency.
In the short term, the new currency still needs gold to increase its value. Wang Ze thinks that after a few decades, when the new city has developed, it can be unpegged to gold.
After all, the production of gold is limited, and it is impossible for Wang Ze to drill underground to get gold for a long time. When the new city's economy improves in the future and the amount of money issued increases, gold will definitely not be enough.
On the payday weekend, many workers went to the port to buy boat tickets to Singapore.
These people are the ones who did not exchange gold. After all, the port ticket office cannot use gold to buy tickets and only accepts new currency.
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