Franchise God - Chapter 1222
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Franchise God Episode 1222
Chapter 283 Farming on Mars (4)
“It’s a misunderstanding.”
Choi Tae-woong was puzzled by Freedom’s words.
“Misunderstanding? What misunderstanding?”
“Mr. Choi Tae-woong earned 123.5 billion won through his personal fish business, so don’t you think that the swimming pool farm would earn tens of trillion won a month?”
“Thousands of won?”
Choi Tae-woong felt like he was going to lose his mind at the vast distance he couldn’t even sense.
“No, I didn’t imagine the number to be that big…….”
“The aquaculture farms are not yet large enough to compete with the rest of the world. Excluding the Korean, Chinese, and Japanese markets, the combined annual exports to the US and Europe are less than 100 tons. This is the amount that only the most elite can afford to see fish.”
“Oh, really?”
“Of course, the price of fish has increased hundreds of times compared to before, so there is a lot of profit per fish. However, the absolute sales volume is insufficient, and since a lot of the profit is shared with the fish farm owners, the profit is not as great as you might think.”
“But if I earned over a trillion won in two months…….”
“It was possible because the fish supply in the Western world had dried up to that extent. Once the scale of the fish farms is established and fish are supplied to the entire world, it will be difficult to make a fortune like this. So you have to pull your weight before that happens.”
“I see. As expected, there was a reason for the enemy’s advice.”
Choi Tae-woong understood after a detailed explanation.
In the West, the fish itself has dried up, so they can charge ridiculous prices of millions of won per piece, but when the supply is fully released, the prices will drop to the Korean level.
“This is a little secret, but Chairman Ha Su-yeong actually thinks it’s quite amusing that the prices of overseas fish continue to remain at the luxury level.”
“Are you saying that you don’t want to go through the trouble of resolving the fish market crisis?”
“The global fishing crisis is not Chairman Ha Su-yeong’s fault.”
“yes.”
The scarcity of fish in the market is the result of decades of overfishing in the world’s oceans.
If we continue to indiscriminately sweep away fish with pair nets, bottom trawls, etc. without properly managing fish resources, how can there be any fish left?
The current destruction of the marine ecosystem is a result of human greed, and the suffering caused by skyrocketing fish prices is also our own fault.
Ha Soo-young has no obligation to step forward and solve them.
“I hope that through some more suffering, humanity will realize for itself how harmful overfishing is and how it should not be done.”
“I see.”
“Of course, you also know that you will soon forget and repeat the same thing later.”
“I need to be careful about this too.”
Choi Tae-woong thought for a moment and then said.
“123.5 billion won is a huge lottery win. It doesn’t feel real. From now on, I should stop being greedy and focus on having fun with the game.”
“That’s amazing composure. For a normal person, if they had 123.5 billion won overnight, it would be such a huge deal that they might have a heart attack.”
“I guess it’s because I grew up in such poverty that I don’t really know what money is. People who eat a lot of meat know what expensive, good meat is, right?”
“Then what are you going to do from now on?”
“Let’s release fish items into the market little by little. In order to respect the will of the enemy, who wants the West to take some time to reflect on its original sin of overfishing.”
“You are truly loyal. That is the right attitude for a Nimitz crew member.”
“How great is the favor I have received from the enemy. If I can’t do this much, I’m not a human being.”
There is already more than enough money.
Although it may seem insignificant to the enemy, Choi Tae-woong knew that earning more money here would not change his level of happiness.
So from now on I decided to focus a little more on the game itself.
“But if it’s 123.5 billion, how much is the tax? Isn’t that about half of it?”
“It’s 0 won.”
“What? No, how can that be? No taxes at all?”
“The world is now facing a food crisis. Our country has also prepared for this by enacting a special law to secure food resources. There is no upper limit on sales for income from the sale of agricultural, livestock, and marine products, and no value-added tax or income tax is imposed at all.”
“But I’m just a game item….”
“As a result, we sold fish. Therefore, we do not pay any taxes. Incidentally, this bill was created thanks to the efforts of Chairman Ha Su-young.”
“Can I cry? I feel like I’m going to burst into tears.”
“As much as you want.”
After that, Choi Tae-woong gradually earned a real income by selling fish items.
I thought the price would drop because they released a large quantity at once, but there was no sign of that at all.
“How many fish do you think you had to sell to make $123.5 million?”
“Didn’t they sell a million of them?”
“There are 42,350 of them. They were sold for thousands of dollars each.”
“Only forty thousand….”
“Even if 42,350 were released in Europe, North America, South America, Africa, and the Middle East, how much would have been released? Even if we assume that only the rich bought and ate them, the news would not have even reached the public.”
“It’s true that I’ve actually discovered a gold mine and am mining it all by myself right now.”
“The 90% discount benefit was the biggest benefit. From now on, we will operate in a continental rotation system.”
“Continental Rotation?”
“We divide the continent into sections and sell them in rotation every month. That way, we can make the buyers’ hearts even more eager.”
The quantity was decided to be maintained at 1,000 per month.
Still, a steady income of 5 billion won was generated every month.
The tycoons did not spare money, spending millions of won on a single fish.
“I now understand why people with assets worth hundreds of billions of won don’t spare millions of won for a single fish.”
“It’s a good growth. It’s rewarding.”
“But in that case, wouldn’t it be better to come to Korea and buy it yourself? Korean fish is much cheaper.”
“Why don’t they do that? And why don’t distributors sell domestic fish overseas?”
“Are you worried that you might get cut off by the swimming pool?”
“That’s one reason, but there’s another, more immediate reason: taxes.”
“duty?”
“If you want to export unprocessed frozen fish, you have to pay a tax of 999 times the purchase price.”
“Oh, so you’re saying that we shouldn’t take it out and that we should just eat it properly in the country?”
“Yes. There is no exception for individuals. If even one fish is found in the X-ray inspection, you have to choose between paying 999 times the tax or having it confiscated. Of course, if it is exported by a producer, not a distributor, there is no tax.”
In short, customs clearance of fish is only allowed to be done by aquaculture farms or subsidiaries or partner companies that have been delegated distribution rights.
“The swimming farm manages its own business without giving distribution rights to anyone else. The fish from the farm bus are also delivered directly by the swimming farm. That’s why it doesn’t pay any taxes.”
“In the end, if you want to buy fish from overseas, you have no choice but to come to Korea or use the farm bus.”
“In fact, wealthy fish lovers even have villas in Korea and visit Korea periodically to enjoy fish dishes.”
“That might be cheaper too.”
“It’s not because of the cost-effectiveness. Even if a single fish costs thousands of dollars, it’s not a burden to them at all. They just love fish so much, but they have no way to eat it in their own country, so they’ve chosen this method.”
The wealthy, but not so wealthy that they go to the trouble of coming all the way to Korea to eat it, are happy to pick up fish that sell for thousands of dollars per fish.
“But now that I have money, what should I do with it? Should I buy a building or something?”
“What kind of investment do you want?”
“I don’t want to be called aggressive. I just want to be kept as safe as possible.”
“Then it’s simple. Deposit your savings in a savings account and receive interest.”
“Deposit in a swimming pool?”
“I think Chairman Ha Soo-young would be proud of the fact that we are increasing the amount of the loan. These days, interest rates are very high due to the high interest rates. You should be able to receive 6%.”
“If it’s 6%…….”
“You will receive 620 million won in interest every month. There is an annuity-type interest payment product. Why not try this? If you do not spend more than 620 million won a month, you can experience your deposit assets actually increasing.”
“Okay, then I guess I’ll do that.”
“Then I will create an annuity-type interest-paying product account and transfer the money there.”
During that time, I had been keeping my money in a savings account at Suyeongsa Temple.
So signing up for a new product ended up being just a word to Freedom.
Choi Tae-woong could truly feel that the world had become a better place.
With just a word, huge sums of money can be easily moved around, and yet there are absolutely no financial accidents.
He made astronomical amounts of money, but only Choi Tae-woong and Ha Soo-young knew about it.
All the world knew was his ID, and his savings were managed by Freedom. There was no chance of his personal information being leaked.
Choi Tae-woong bought a nice apartment in Seoul for his mother and younger sisters.
It was a 60-pyeong apartment overlooking the Han River, and could be purchased for a little over 10 billion won.
“I won’t bother you with all the nagging questions about where you got the money from with your non-commissioned officer salary to buy such a nice apartment.”
“Yeah. We’re not carcinogenic nuisance sisters. We’ll just keep our mouths shut.”
“I got this as a bonus for my great contribution in a secret operation.”
“Oh, you don’t have to tell me. Anyway, I’ll just assume so.”
“If someone were to threaten you with a knife and ask you to do something like that, you’d have to say something like that. Got it?”
Choi Tae-woong’s heart ached for no reason at the quick responses and consideration of his younger sisters, who had lived their entire lives worrying about what others thought because of poverty.
Of course, even after buying an apartment, you probably won’t notice that you currently have over 120 billion won in your bank account and that several billion won is regularly deposited every month by selling fish.
“A house to lay your body in is enough. I do not recommend long-term real estate investment.”
“Okay. But is there any special reason?”
“There are currently powder kegs in the form of China, Russia, and North Korea. Experts say there is about a 1% chance that the Korean Peninsula will be engulfed in war within 10 years.”
“That’s huge.”
The general public might think 1% is nothing.
However, the 1% possibility of war breaking out within 10 years was a very serious threat to a professional soldier.
“Are swimming pools okay?”
“For convenience, the total amount of the bonds received is expressed in won, but in fact, most of it is in dollars. And it is in a US currency account. All of the deposits in Korea are in won.”
“That’s right. My money was in dollars too.”
“Even if the Korean Peninsula is burned to the ground, most of Suyeongsa Bond’s financial assets are safe. Even if the won assets are lost, Suyeongsa Bond can sufficiently compensate for them. So, there is nothing to worry about.”
“I’m glad I deposited my money in the swimming pool. But there’s a 1% chance of it opening. That’s worrying.”