Return of the 10th Circle Archmage

"shackles···. Shackles..."

Choi Jong-hwan frowned and muttered like that.

Rather than being offended by my words, as the president representing a country, I am concerned about the current household debt in our country.

I'm heading towards that final hwan.

“Debt is not necessarily a bad thing.”

He also talked about the advantages of debt.

“Since the creation of credit transactions, banks and loans have also been created, which has allowed the Korean economy to develop this much.”

"right."

"However."

“···········?”

I talked about the pros and cons of debt at the same time.

“Debt means always taking risks and simply meaning.”

“Of course it is. It’s about using leverage for high risk, high return.”

Choi Jong-hwan also knew that debt was bad in common sense, and he knew it was bad. He also knew the dangers of debt.

But is that the only danger of debt?

“When the economy is booming, no matter how much debt you take, you will never go bankrupt. If you work and pay it back, that’s it.”

When the economy is good, it is difficult to fail, but even if it does, there are jobs everywhere.

So, if you work hard with willpower, you can pay off all your debts within a few months at the shortest and within 3 to 4 years at the longest.

Then you could start anew at any time, and the money you earn from then on is unconditional plus.

However.

“How is the situation now?”

“·················ogue.”

“Is the game good?”

“·················ogue.”

Choi Jong-hwan shut his mouth again at my question.

Then, his face darkened again. I realized what I was asking.

“Soon, a bomb… no, a nuclear bomb will explode.”

"nuclear bomb······."

I wasn't talking about a real nuclear bomb, it meant that the 1998 IMF-level economic collapse was coming.

“People who are currently in debt of tens of millions or hundreds of millions of won will not simply go bankrupt when an economic crisis comes. Maybe they won't be able to pay off their debts until they die, and when that happens...”

“·················ogue.”

Even if I don't have to explain the whole back part, Choi Jong-hwan will know.

If the people do not pay it back, the country will eventually take over.

“I hate swearing at politicians because I am a self-responsible person, but what are politicians doing in this crisis situation?”

“·················ogue.”I also really hate talking about politics.

When someone talked about politics in front of me, I turned away or didn't talk at all.

because? Because politicians do not take responsibility for our lives.

We had to carve out our own lives. After all, whether the right wing takes power or the left takes power, it does not have a major impact on our individual lives.

‘If it has an impact, those who are directly involved in the government’s policies, or those who talk about politics every day and neglect their self-development…’

If you are someone who really renews their efforts on a daily basis, you don't have time to worry about politics or anything like that.

However.

‘Still, I can’t completely ignore politics.’

Not only me, but there are so many people who care so much, I had no intention of caring about politics except when I was voting.

But now that he was deeply involved with Choi Jong-hwan, he had no choice but to find the best direction in some way.

“They are not for the sake of the real country, they are blind to the immediate gains of power. No one gets into politics to really change the country anymore.”

“·················ogue.”

Of course not, Choi Jong-hwan, but most politicians wanted wealth, fame, and power.

If it was purely for the real country, I had to put down the various special privileges of the lawmakers, which I am taking every month right now.

‘Isn’t the annual salary paid to one member of the National Assembly 137,961,920 won (including bonuses) (an average of 11,496,820 won per month)?

In addition to the basic allowance (6464,000 won per month), this includes legislative activity expenses, administrative work allowances, fixed meal expenses, regular work allowances, and holiday vacation expenses (total 7,756,800 won) paid on Lunar New Year's Day and Chuseok.

‘Besides, the amount paid for civic activity is 92,51,690 won per year (average of 7.709,870 won per month)’

Office operation cost (500,000 won per month), vehicle maintenance cost (358,000 won per month), vehicle fuel fee (1.1 million won per month), policy promotional material incentives and policy data publication cost (up to 13 million won per year), and travel expenses for public affairs , legislative and policy development costs, and office supplies for members' offices.

‘Besides, the money doesn’t go to just one legislator.’

One member of the House of Representatives can hire a total of 7 people, including 2 aides equivalent to level 4, two secretaries equivalent to grade 5, and one secretary each equivalent to grades 6, 7, and 9.

In addition, the National Assembly intern can hire two interns within 22 months per year.

‘The salary of the assistants alone is at least 30 million won, and the interns are at least 17 million won.’

The annual remuneration of these assistants is

4th grade 77.5 million 9,960 won

Level 5 680,055,840 won

6th grade 47,217,440 won

7th grade 4,759,000,960 won

9th grade 31.4 million 5,800 won

Intern 17,617 won

was sequential.

If you add up the amount you receive and the compensation of your assistants, the annual payment per member was at least 676 million won.

‘They should not just say ‘the people, the people’ with their mouths, but if they think of the real people, they should even pretend to try to minimize the various expenses they spend.”

If the number of lawmakers was 300, it was said that a total of 202.8 billion (22.8 billion) in taxes per year would be incurred.

After all, even now, the tax is going to go up like this...

‘Even when they are dead and awake, they don’t have any intention of reducing this.’

Anyway, these costs are just the tip of the iceberg of the money they make, and more importantly...

'It's like you're wasting a lot of money on a useless business that has no utility...'

Politicians were the crazy people who researched business feasibility, efficiency, and profitability like dog and dog shit, and then poured hundreds and hundreds of billions of dollars into strange facilities that no one was using.

‘If such money is used really efficiently and there is no leakage, wouldn’t it be possible to create an ideal country?’

It was a very delusional idea, but perhaps it could be realized right away.

Choi Jong-hwan also felt my heart, so he opened his mouth with a heavy expression.

“I know what you want to say. But there are some things you can change right now and some things you can't, so let's talk about what we can do right now."

Choi Jong-hwan also supported my ideals, but he kept his focus as president and discussed the realistic aspects first.

I'm heading towards that final hwan.

“This time, we are planning to enter the telecommunication business in our matop.”

"communication?"

As Choi Jong-hwan, it was a bit surprising, but seeing his expression return to normal again, it was as if he had heard the news about us.

‘You must know that the three telecommunication companies don’t open our matop mobile phones.’

Almost everyone knew about it.

So, rather than judging them by giving them a rebate and circumventing them humbly, I chose to crush them head-on.

"You're having a lot of trouble because of the three telecommunication companies' checks."

Choi Jong-hwan added in a worried voice.

‘Most of the frequencies announced by the government are taken by the three telecommunication companies…’

SC, KC, and LC, commonly referred to as the three major mobile telecommunication companies, have worked closely with the political circles since 1990 to purchase privatized Korea Telecom at a low price, or to easily obtain a mobile telecommunication operator with the presidential preference.

‘Companies such as Jinseong, Myongdae, and Ladde are not able to jump in because they are noticing….’

If all the chaebols had entered the telecommunication business, the competition would have been quite fierce.

However, it was a government that did not want one group to bloat over the whole business pie.

So, each president raised chaebols to suit his tastes.

President Choi Jong-hwan also cautiously opened his mouth, whether he was aware of such a point.

“As you may know, from 2018, the entry restrictions on key telecommunication businesses were relaxed from the license system to the registration system. So you can register even if you don't own the equipment. However······."

“I know what you are worried about.”

Currently, most of the frequencies announced by the government are sold at a price of trillions. Frequency prices, which are almost called 'quasi-taxes', are traded in units of 7 to 8 trillion units.

Even if divided over 10 years, the cost of spectrum allocation by mobile carriers was more than KRW 2 trillion a year (including radio wave fees).

In the end, unless it was the chaebol carriers such as SC or KC and LC, small carriers could not even bid.

In addition, as we enter the 5G era, the annual base station installation cost has also exceeded KRW 10 trillion.

Mannon It was absurd to start a telecommunication business without borrowing the hands of the three major telecommunication companies that have steadily invested over 7-8 trillion won in base station installation.

Choi Jong-hwan knew that, and I knew it too.

However.

“I have another way.”

"other way? What is it?”

Choi Jong-hwan looked at me with his eyes twinkling. It was a bit of a burdensome look.

“It is to build a ‘magic communication network’ that directly connects devices to devices like a blockchain.”

“Magic Network!”

Blockchain system, which is mentioned as the main core business of the 4th industrial revolution!“Apart from the fact that anyone can read it, it is the magic communication network that was built with the advantages of blockchain.”

Before coming here, I explained about the new communication network that I had been building steadily.

“There is no need to worry about damage to cables and lines by installing base stations while destroying nature all over the country, and without the need for radio waves, everything is connected wirelessly for each device. Besides, the speed is more than 100 times faster than it is now.”

"under······."

Choi Jong-hwan opened his mouth wide as if he couldn't believe what I said. In the meantime, in the 5G era, I thought that the data transfer rate of up to 20 Gbps (2.5 GB per second transmission) was really a win for science.

But 7G, which surpasses 5G, which is 100 times faster than that?

'Actually, I could do it faster than that, but for fear of a culture shock, the faster things are released slowly.'

I was able to freely adjust the speed limit of the magic network I built with magic.

Already, all the items produced by Magic Tower Jewelry were connected to the Magic Pylon I made, so that each could exert its magical effect.

If I destroy the Pylon, all magical artifacts spread around the world will lose their effectiveness.

‘There is nothing that cannot be implemented as communication that has already been implemented.’

Although more complicated calculations and formulas are needed, I had already finished all the studies in the world on him.

Besides.

'Artificial intelligences smarter than humans are performing computer processing seamlessly, so as soon as the government's permission is granted, the service will start.'

I'm sorry for the general public, but frankly, it was a fact that artificial intelligence did a better job than humans.

They didn't need to feed them, give them breaks, or teach them new things.

‘Because we just need to make the existing knowledge aware.’

Automated devices are a favorite of operators who want to maximize efficiency.

Unmanned automatic stand, unmanned automatic process machine, unmanned automation...

In any case, the owners were so focused on reducing labor costs that it became the greatest goal on earth to run a business without using people.

‘People are complex to deal with, and it is difficult to expect much efficiency, and above all else, they are emotional…’

If you raise it, you never know when it will pass and go to another competitor. Anyway, in the past, I had no choice but to put up with it because I was a human, but now that there is something that can be replaced, it is inevitable that most jobs will be replaced by artificial intelligence. .

Choi Jong-hwan thought about my answer for a moment, then added in a gloomy voice.

“If you do what you want, shouldn’t the government give up the current frequency sales revenue and various other telecommunication revenues?”

At Choi Jong-hwan's question, I smiled and shook my head.

“It will only increase the speed, and the tax revenues will be collected the same as it is now. Probably.”

"how?"

“All I need to do is to publicize the magic network that I want to make, and all carriers, including myself, will be assigned frequencies.”

In fact, since the magic network is connected for each device, the term frequency does not exist in the first place, but if you wanted to create it, you could create it.

‘There is also a method of distributing an intermediate connection relay network of the magic communication network to each operator and connecting it back to consumers.’

Nothing was impossible with magic.

"Right. I can do that.”

Choi Jong-hwan sighed as if he was relieved at that time.

I'm heading towards that final hwan.

“However, please remove the three major carriers from the Magic Network frequency bid.”

“···········?”

It started to show the back end of the 3rd Commander of Communication.

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