Chapter 1308: Sein Speaks
To regulate the value of magicoins, the Magus Alliance announced that it would release a batch of strategic reserve resources, intended to boost the currency’s value.
On the surface, this was good news for many member planes of the Magus Alliance, as their money would gain value.
At first glance, it seemed as if the Magus Civilization was scraping the bottom of its reserves and selflessly giving away its wealth.
However, few knew the truth. Alongside releasing strategic reserves, the Magus Civilization would also be issuing another massive batch of magicoins to fund the upcoming Clash of Civilizations.
The total value of this new issuance could reach billions or trillions of magicoins.
Such a flood of currency would undoubtedly impact the alliance market yet again, but the upper echelons of the Magus Civilization did not care.
The magicoins themselves were little more than a tool through which the Magus Civilization could siphon wealth from its member planes.
It was a softer, subtler method of plunder compared to outright looting, which would have caused immediate and severe backlash.
The control of magicoins was a game of laws, one that only the top powers of the Magus World were truly qualified to play.
Even the few large allied planes could only hope to protect themselves from this financial onslaught, let alone break free from the magicoins’ influence.
The only way to escape was to create an entirely new currency system, but doing so would inevitably offend the Magus Civilization.
To the Magus Civilization’s leadership, the recent constant depreciation of magicoins was driven by one core factor: the civilization’s rapid issuance of currency had gradually outpaced the total resource output of Magus World itself.