Chereads / The Wealth Code / Chapter 6 - 0006 The first step towards legend

Chapter 6 - 0006 The first step towards legend

"Today's money ..."

Mr. Fox was silent for a moment as he looked at the bag of money that Lynch had used a great deal of effort to carry back and forth twice.

Honestly his man had been watching Lynch so much that he had figured out how Lynch had gotten the change, and he felt intrigued and shocked by Lynch's head.

What kind of person could come up with such a method to get these coins quickly and without any noticeable repercussions in the community?

He could have followed Lynch's set of methods that way at this point, and he would have been able to save ten percent on the processing fee, but he wasn't going to do that.

Suddenly he realized that what was really worth more than the ten percent fee was Lynch's head, the one that always amazed people was his greatest asset.

"Want to count?" , Straightening up and moving his body, Lynch breathed a sigh of relief and sat down on his chair with an unimaginative butt, pulling out a pack of cigarettes and lighting one, inhaling it comfortably, "I can wait."

Mr. Fox shook his head and told his men to take the coins, which would be sent to the Federal Revenue Service later in the day to be counted and registered, then taxed, and then deposited in the bank.

There have not been too many good ways and means of solving these problems for people like Mr. Fox over the past period of time.

To put it less politely, most of the people in this line of work tend to be mostly not elite members of society.

They don't have a high degree of education, they are completely ignorant of many things within their field of specialization, and some of them don't even know many words.

They don't need that for their business either, as long as they're not afraid to die, as well as not afraid of things, which leads to a lot of problems.

In recent years the Baylor FBI and the Federal Bureau of Revenue have been keeping an eye on these people, not only to catch them in certain behaviors, but also to keep an eye on the money in their pockets.

They don't have much legitimate business, which also exposes them to a lot of trouble, and having money but not being able to spend it becomes an unspoken pain.

To this end, the Baylor Federation has also introduced a series of legal provisions to limit large cash transactions, in which cash transactions exceeding five thousand dollars must be reported and those exceeding fifty thousand dollars must be scrutinized.

Even the deposit of large sums of cash in a bank requires advance notification of the source of the funds and the purpose for which they may be used, as well as adequate and well-documented proof of tax clearance to show that the money is not in any way in jeopardy.

The all-encompassing blockade and the tight security of the Federal Revenue Service staff labeled "investigators," "agents" and even "special agents" made life difficult for everyone.

It's really hard to have a vault full of money, but you can't get it out, and even if you go to enjoy yourself once, you may be subjected to targeted checks and scrutiny.

But now, from Lynch, Mr. Fox saw something special, not just something as simple as a coin deal, but something more, something he had always longed for.

He looked back at Lynch in a trance and shrugged his shoulders, "I should pay you ..."

"Going for the change, five hundred and sixty dollars." , Lynch graciously erased the change of a few dollars, which was to increase mutual trust.

Mr. Fox smiled as he pulled open the drawer that held many bills, not the least of which were in fifty and one hundred dollar denominations.

As his hand reached for a hundred-dollar denomination bill, Lynch coughed lightly, "I think five and ten would be better, don't you?"

Mr. Fox nodded without moving and counted out five hundred and sixty dollars to him.

Hundred-dollar bills are rarely used in everyday life, most of the time they are used in official settlements and some reported large cash transactions.

This is a society that doesn't yet have the internet and electronic offices, and there are actually a number of loopholes on the banking side that can be maddening.

In order to circumvent some of the problems they have identified, large transactions between businesses still use cash transactions rather than phone transfers, especially inter-bank transfers, which always have problems.

If someone was out spending money with a hundred dollar denomination bill, that guy would be the first to be targeted by some authorities, don't underestimate people's sense of justice.

Many store owners, in the course of conducting some official business, such as filing taxes, receive brochures or have someone dictate something directly to them.

Like what they should do when someone pays with a one hundred dollar denomination bill, and how it would benefit them if they did, versus how it would hurt them if they didn't.

It also makes it very difficult to spend out of hundred dollar bills in the lower and middle classes, and if a person has more hundred dollar bills on them, a judge will always consider granting a search warrant when the evidence may be less than sufficient.

This is where people like Mr. Fox suffer the most; the money is in a drawer or somewhere random, and they not only can't spend it, but they don't even give it to someone who might want it.

The reason he acted like he was going for the hundred-dollar bills was actually to test Lynch, and if Lynch didn't make a sound, their business would be limited to the coin trade.

Someone who can't tell the difference, who doesn't know what's great, and who isn't careful or vigilant enough doesn't know about deeper contacts, and it's a good thing that Lynch made it through without a hitch.

Mr. Fox rested his hands on the arms of his chair as he looked at Lynch with a slight inclination of his head, "This is too slow, do you have anything a little better?"

Again without counting, Lynch slipped the bills into his pocket, "It'll get bigger in a few days, and soon those babies of yours will see the light of day."

Mr. Fox didn't press the issue further, but simply breathed a sigh of relief, "I look forward to that day!"

The Sabine City where Lin Qi was located also belonged to the second-tier cities in the entire Bailer Federation as a small city that ranked at the back of the list, and the entire population of the city totaled less than eight hundred thousand people.

But every day, this small city is able to sell at least 100,000 cents worth of newspapers - in other words, even if all of them are local, this represents 50,000 dollars in change.

And that's not the only outlet for change in Lynch's plan, there's also various retail industries and such.

The principal currencies now in circulation throughout the community are those of coins, and those of one-, two-, and five-dollar bills, with the exception of two- and five-dollar denominations, which are unlikely to be found in a laundromat, and one-dollar bills, which are possible.

After his influence started to expand out, he was able to suck the change out of the entire city, but the deal couldn't be made for long.

The IRS will be on his ass, and the Bureau of Investigation will be looking into whether or not he's been in close contact with these people.

He didn't want to be like Mr. Fox, hiding in corners and shadows forever, he wanted to be a mogul, a legend.

He wants to stand in the spotlight and receive admiration and praise, that's his life.

Now all he was doing was just to be able to startas perfectly as possible.