Galaxy Domination Guide

Chapter 172 165 Entrepreneurial Myths

Significant funds were credited to the account, which no longer held as much appeal for Bai Zhongqi and now even for C country. Even in just a few short months, the explosive increase in manufacturing power and resource sources had tangibly made C country feel the decreasing effectiveness of money.

Once the productivity surpassed certain limits, capital, which was originally used to measure productivity, could hardly assign a clear value to productivity while also restricting its development and the execution of social functions.

Although C country's domestic society was still primarily driven by money, when it came to large constructions and projects, the people of Iridium Star wouldn't even blink before throwing down large batches of equipment and personnel.

Projects that would normally cost tens of billions might be as simple for the people of Iridium Star as a country uncle hiring a few people to build a cement wall at the village head.

So much so that now, C country's central bank was completely unable to use old methods to determine the appropriate social currency supply amount, and they had no choice but to seek help from the people of Iridium Star, using a highly complex currency fundamental model to set a rough number of currency issuance.

Plainly speaking, in the past, the central bank might issue Renminbi equivalent to the incoming hundred US Dollars through foreign trade. To some extent, Renminbi, like the US Dollar, was a kind of debt currency. But now, Renminbi could not be pegged to the currency of any other country and naturally had to use a new method.

This new method was actually not much different from quantitative easing out of thin air, only that it used an artificial intelligence model of cash to devise a currency printing plan based on the total social wealth and circulation needs.

As C country further transitioned to the Star Alliance system, more and more citizen welfare would no longer be provided merely in the form of money.

However, at this stage, C country was gaining a competitive business edge by absorbing Iridium Star Technology, on one hand driving down prices, and on the other hand, raising income, between the decrease and increase prompting a qualitative change from the quantitative changes in living standards of C country.

Many things are comprehensive; the level of social civilization is not solely measured by social wealth, but social wealth is foundational and the beginning of everything.

The living patterns of people are also an important factor in evaluating living standards. A wild man living in a cave, even if he eats and drinks well everyday and has several spouses to enjoy life with, still represents a backward civilization compared to modern people who can travel between stars and enjoy various entertainments.

"So, Mr. Jiang, do you want to take a selfie with me?" The two were about the same age, and Bai Zhongqi made the joke casually.

Surprise appeared clearly on Jiang Yuping's face, as he said, "If possible, that would really be great."

Bai Zhongqi smiled and nodded, and Jiang Yuping took out a Sunarmon Mobile Phone from his pocket. This model, produced by Iridium Star, had been on the market for one month, priced at just over three thousand RMB, and its sales were extremely impressive.

Bai Zhongqi playfully teased him, "Mr. Jiang, your own company makes mobile phones, so why did you buy a Sunarmon?"

Jiang Yuping laughed and said, "Nowadays, who doesn't want a Sunarmon? Sunarmon Mobile Phones are completely dominant in the market now, with no other product able to substitute them. With unrestricted access to Sky Net, holographic imaging, unbeatable computing power, artificial intelligence programs, and numerous other revolutionary applications, there are no other market products that compare.

Our company's phone production stopped half a month ago, and now our stores and online platforms sell them at one-third the cost price, to minimize the loss."

Jiang Yuping raised his phone, and the two snapped a photo together. Sunarmon Mobile Phones didn't have a camera, but any part of the phone could function as one. This was just a simple photo, without holography; Jiang Yuping, with his scholarly air, somewhat deliberately grounded, stretched out a thumbs-up. Bai Zhongqi still smiled naturally, looking very dignified.

Jiang Yuping logged into his social media account, not only posting the selfie on platforms like Weibo but also on Flashpoint, where the selfie received thousands of likes in mere seconds.

"Haha, thank you, Your Excellency. You don't know, I've always liked trying the newest and coolest things. That's why my company is always at the forefront of technology, striving to provide the most innovative and coolest experiences for our users. The arrival of Iridium Star is a great fortune for Earth.

I didn't just buy a Sunarmon phone; I've got nearly every product they've launched on the civilian market. I spent millions to custom-order an Iridium Star-built smart home from a real estate company, using the AI in the Sunarmon phone, I can now control everything in my house.

Those chairs floating in mid-air are so cool, and being able to watch holographic movies from any corner of the house is just too cool."