Chapter 1453: Chapter 571 Year-End Review
Yan Fei chose to leave Dreamland Cave World and return to Dream Island not rely because the environnt of Dreamland Cave World had been almost fully transford, but more importantly, because by year-end, affairs on Dream Island necessitated Yan Fei’s presence. Whether it was to conduct the annual review of the past year or to draft plans for the coming year, his decision was required.
When Yan Fei returned to Dream Island, the end of that year had passed, and a brand-new year had just begun. This was the fifth year since Yan Fei began his incredible adventures after acquiring his Drone Avatar.
Yan Fei was a hands-off manager. Although he could always be apprised of Dream Island’s status through the Artificial Intelligence “Dream,” he was not as familiar with the details as Lu Pingping. Lu Pingping had been closely monitoring the developnt of Dream Island; by the start of the new year, she had completed the compilation of the previous year’s data and presented it in the form of accounting statents to Yan Fei. With this accounting report, Yan Fei could understand Dream Island’s performance in the past year. The first thing he looked at was Dream Island’s sales revenue and profits.
In fact, through Artificial Intelligence “Dream,” Yan Fei could also keep abreast of Dream Island’s revenue situation, but the process of data consolidation was extrely complex. Given the intelligence level of “Dream,” it could not yet comprehend the intricate accounting system. The data it tabulated always contained so degree of error and was not as straightforward as the accounting data provided by Lu Pingping.
Different from the statistical data of previous years, this year’s data for Dream Island was calculated using Dream Coin as the currency unit. The previous year, Dream Island had established its own central bank—Dream Bank, which issued its own currency—Dream Coin. According to the value set for Dream Coin, 100 Dream Coins could be exchanged for one gram of gold at Dream Bank anyti. Precisely because Dream Coin was pegged to the physical gold, the value of Dream Coin was very stable.
As Dream Island revealed to the outside world its enormous gold reserves amounting to 150,000 tons and real exchanges of substantial gold quantities for Dream Coin took place at Dream Bank, Dream Coin’s international credibility gradually built up. When Dream Island’s Oil Futures Trading Market excluded the US Dollar from its transaction currencies and the US suffered severe losses in the war with Dream Island, the hegemonic position of the US Dollar finally collapsed. Then, quite naturally, Dream Coin beca the primary foreign exchange reserve for most countries.
Due to the loss of the US Dollar Hegemony, a massive influx of US Dollars returned dostically, and despite the US’s attempts to “bloodsuck” the world through wars, the US economy remained in dire straits. Not only were dostic prices soaring, but the economy had shifted from previous growth to current decline. If the US Governnt did not think of ways to stimulate the economy, the US would face economic hardships next year.
It is precisely because of the significant changes in the international financial environnt, coupled with Yan Fei’s deliberate suppression, that from now on, Dream Island’s economic statistics would no longer be dominated by the US Dollar but instead promote Dream Coin. After a few months’ operation, the exchange rate between Dream Coin and RMB was roughly at 1:3, aning one Dream Coin could be exchanged for 3 RMB. Following the loss of its international dominance, the US Dollar had devalued considerably, but still, the exchange rate between the US Dollar and Dream Coin remained at about 1:1.5, which ans 1 US Dollar could be exchanged for 1.5 Dream Coin. However, Dream Island was unwilling to hold US Dollars, so they discontinued the exchange service between Dream Coin and US Dollar.
In Lu Pingping’s accounting report, the first thing Yan Fei saw was the sales situation of Dream Island’s original products—Weight Loss Cookies, costics, and other products. In the past year, the total sales of these products reached a staggering new high of 400 billion Dream Coins, equivalent to 1,200 billion RMB, and 266 billion US Dollars. After deducting various taxes and Production costs, labor costs, these products brought a total profit of 210 billion Dream Coin to Dream Island, equivalent to 630 billion RMB, and 140 billion US Dollars, with a profit margin of 52.5%.
Just the total revenue from these original products of Dream Island could place it in the top ten of the Fortune Global 500 list. If profits alone were compared, the pure profit of 140 billion US Dollars would undoubtedly rank first in the world, leading the second place by at least 100 billion US Dollars.
The Enterprises producing Weight Loss Cookies and costics under the Dream Island flag were not publicly listed; they were solely owned businesses with Yan Fei holding a 100% stake. If Yan Fei desired to take these enterprises public, just by their ability to generate 140 billion US Dollars of super profits per year, they would beco the highest-valued companies globally, with a market capitalization of at least 2 trillion US Dollars. Holding 100% of the shares, Yan Fei would beco the first Super Rich individual worth over a trillion dollars. With such an imnse fortune, those behind Yan Fei lacked the confidence to even think about closing the gap with him.
In the past year, the developnt of Dream Island had been very smooth until the significant event mid-year when the US killed Wen Rou and a war erupted between Dream Island and the US. Although the war ended quickly, under the US’s manipulation, the Western World began to openly and covertly boycott products from Dream Island. Due to this boycott, Dream Island’s products were significantly impacted last year. Otherwise, considering the vast consur base around the world, sales of Dream Island’s Weight Loss Cookies and costics could increase by an additional 20% on the existing basis.
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