Master of Thermodynamics

Chapter 525: Credit and expectations

Goode did not directly answer Lord Naved, but instead asked a question:

"Your Excellency, you are a person who knows how to do business. I would like to ask you a question, how much can a shop in an empty city sell for?"

"Not worth a lot of money!" Navid replied without hesitation.

"So, what about a shop in a densely populated town?" Goode asked again.

"It depends on the specific situation." Navid said, "As long as the daily flow of people can reach 500 people, the value of the store exceeds 100 kinnals. If it reaches 1,000 people, it is not worth selling 300 kinnals. Difficulties..."

Goode patted his palm lightly and said:

"The way to go under the crown is to sell the shops in Chaka Town at a high price of more than 100 Kinnars..."

Navid thought for a moment, then asked puzzledly:

"However, as far as I know, when shops were sold in Chaka Town, there were few residents in the town. The value of such shops was extremely low. How could merchants buy them at high prices?"

"You're right." Goode nodded and agreed, "The shop itself is really worthless, but it is not the shop itself that sells under the crown, but two other things."

"The other two things?" Navid repeated, the curiosity in his eyes grew stronger, "Excuse me for being dull, Mr. Goode, can you please give me some advice?"

"You are too polite." Goode smiled slightly, adding to his tone, "I call them ‘credit’ and ‘expectation’ under the crown."

Navid was completely at a loss.

He roughly understands what "credit" and "expectation" are.

But can this invisible and intangible thing really be sold for money?

Only fools would be willing to spend money to buy them...

Navid's heart moved, and he thought of another possibility: this subordinate...could not be relying on his own powerful force to force the poor merchants to buy shops at high prices, right?

Despite the slander in his heart, he said nothing.

Seeing the other side's weird look, Goode said dismissively:

"Your Excellency, this is really hard for ordinary people to accept."

Then he smiled and asked the third question:

"If you can predict in advance, the traffic of these stores will increase from empty to 500 or even 1,000 in a short period of time. Would you like to buy them at a high price?"

"Of course!" Navid nodded affirmatively.

After hesitating, he tactfully put forward a rebuttal, "However, I don't think mortals can predict the future except for gods."

"So, I personally think, Mr. Good, the possibility you said does not exist..."

Goode said loudly:

"No! It exists!"

His voice suddenly became high-pitched.

"The'store traffic reaches 500 people' is the expectation, and 100 Kinnars is'price based on expectations.'"

"What if someone is willing to make a ‘guarantee’ for the ‘expected pricing’? Mian Xia once promised that if the flow of people does not reach 500 people, he will double the compensation for the business people’s losses."

"And the essence of ‘guarantee’ is "credit." Mianxia is the master of the Haichao Chamber of Commerce and controls the Rose Legion. The credibility of Mianxia is beyond doubt, even the king can’t match him.

"Over the period of time, the Haichao Chamber of Commerce has organized three rounds of shop auctions and obtained more than 50,000 Kinnars from the merchants. Using this money, Mianxia not only renovated Chaka Town, but also made a surplus. Thousands of Kinnars..."

Goode glanced at Navid and said with a smile:

"Your Excellency, this is the value of credit and expectations."

Navid was stunned.

"boom!"

A thunder blasted in his mind, completely shattering the three views he had formed over the past 40 years.

Navid talked about "credit" and "expectation" over and over, his eyes completely lost focus, the whole person automatically shielded all interference from the outside world, and he ignored Goode's problems.

These words seemed to open a new door for him, and made him discover for the first time that business could still be played like this. It turned out that certain illusory things can really be exchanged for a large amount of Kinnar.

He realized from the heart that his previous understanding of business was too superficial.

It took a long time for Navid to come back to his senses.

He flushed with excitement and said incoherently:

"Mr. Goode, please forgive me for my gaffe... This is really amazing... The business wisdom under the crown is indeed impressive..."

Goode looked at Navid with a smile, and when the other party recovered his calm, he asked:

"Then Lord, regarding the cooperation with Haichao Chamber of Commerce, your Chamber of Commerce..."

Navid stretched out his left hand to Goode and said decisively:

"Mr. Goode, why not?"

Speaking of this, he blinked his eyes deliberately, with an inexplicable tone in his tone.

"What's more, Renault has already said that the value of credit and expectations cannot be ignored. In this regard, I am afraid that there is no second chamber of commerce in Qianhu Kingdom that can compare with your chamber of commerce."

"From this point of view, the 10% off purchase price is a fair figure. On behalf of the Foster Chamber of Commerce, I fully accept the other conditions you put forward.

Goode laughed with satisfaction. He held Navid's hand tightly and said with some excitement:

"Happy cooperation!"

The Foster Chamber of Commerce is the second largest chamber of commerce in the south of the kingdom, and the Lord Navid is the president of this chamber of commerce.

After the Battle of Chaka Town, the reputation of Renault and the Haichao Chamber of Commerce spread to the south of the kingdom. Navid's sense of smell was extremely keen. He took the initiative to come to the door and expressed his willingness to cooperate.

Navid said that he can purchase more than 500,000 Kinnars from the Haichao Chamber of Commerce each year.

However, this guy relied on the scale of his own chamber of commerce and channels all over the South, insisting on a 25% discount on the standard purchase price, and hopes to waive fees including sincerity money.

If these requirements are accepted, the Haichao Chamber of Commerce will lose at least 100,000 Kinnars every year, which is of course rejected.

In successive rounds of negotiations, Navid has never let go, but this time, Goode cleverly used the theory of "credit and expectations" invented by his lord and successfully persuaded (fudged) the other party.

The verbal agreement has just been reached, and Navid can't wait to throw out a super order.

"Mr. Goode, we hope that your chamber of commerce can deliver us 200,000 Kinnars worth of goods within one month..."

"The deposit of 60,000 Kinnars and the first batch of sincerity deposits of 50,000 Kinnars will be sent within three days..."

Goode immediately narrowed his eyes with a smile.

So far, this is the largest order received by the Haichao Chamber of Commerce since it entered the Thousand Lake Kingdom.

This also means that Renault's plan to "control the world with commodities" has once again taken a big step forward.

Considering that the northeast of the Thousand Lake Kingdom has been completely infiltrated by the Haichao Chamber of Commerce, after the signing of this agreement, more than half of the kingdom's territory will be reduced to the economic "colonies" of Haichao.

As time goes by, when the tentacles of the Haichao Chamber of Commerce penetrate into every corner of the human kingdoms, the entire human world will silently become a toy in Renault's hands.