Tell me your reasons, Patrick," Gawain looked at the business and financial director of the empire in front of him, with a serious and serious expression, "You should know that the introduction of credit currency is a relatively radical move, and if the pace of change is too large, it will It means that the difficulty and risk of change will rise sharply. "
"Yes, Your Majesty," Padraic pressed the collar of his short black dress, took a deep breath and said slowly, "The main reason why I make such a suggestion is... Typhon."
"Typhon..." Gawain pondered for a while, "Go on."
"Your Majesty, you once said that there must be a war between us and Typhon, and in my opinion, this war has already begun—presumably you think so too. We have just avoided a real war But in terms of economics, our contest has just begun, and at this stage, the essence of this contest ... is a contest of gold settlement."
Gawain looked into Patrick's eyes, he didn't hide the approval in his eyes, and motioned him to continue talking.
"Typhon's substitute currency is based on gold, and their bank issues banknotes that can be exchanged for gold. However, when it comes to the order with Cecil, since the two parties have not yet established a new currency interface, we It is still settled directly in gold. We purchase a large amount of textiles and other primary industrial products from Typhon, and at the same time export magic parts and trains and railways. Flowing toward Cecil in slow, unobtrusive steps.
"Your Majesty, you should know that Typhon's aristocratic reforms are far more 'moderate' than ours. They have retained a large number of old aristocrats, and besides losing their privileges, these old aristocrats also retain a large amount of personal property.
"To put it simply, Typhon has left a large number of noble treasuries that are not controlled by the royal family. The gold paid to us... In fact, many of the nobles in Typhon, large and small, used private investment, fundraising, and financing. Less than half of what was pooled came directly from the vaults of the Typhon Imperial Bank, so for a long period of time, the people of Typhon would not notice that their gold was leaving - not only did this involve very large and long-term statistical work , and there are still a large number of nobles who are trying their best to hide those trivial but large-scale gold flows in order to bypass the railway investment restrictions set by Rosetta Augustus... "
Listening to Patrick's words, Gawain couldn't help but think of what Daniel reported to him:
In order to compete for a share of the interests of the railway system, the small and medium nobles of Typhon are trying their best to intervene in those projects, and in order to bypass a series of obstacles set by Rosetta Augustus, their most common The method is to borrow from the bank in the form of family guarantee and joint guarantee, and then "cooperate" with the bank (after all, half of Typhon's banking system is also in the hands of the noble group), and transfer the creditor's rights to the Cecil Railway Investment Company , Then they used their family treasury to repay Cecil's debts in batches in the form of repaying debts, so as to obtain shares in various casings and share the profits of railway operations...
This complex and "wonderful" operation bypassed their regulatory system.
Rosetta Augustus may be a talented and iron-fisted emperor. He used court struggles to successfully control the powerful upper-class nobles of the Typhon Empire, and overwhelmed and overwhelmed the small and medium-sized nobles across the country. However, among the small noble groups who are gradually transforming from the old nobles to capitalists, the "creativity" and "fighting spirit" displayed by people in the face of interests is obviously beyond the imagination of Emperor Typhon.
Typhon's gold flowed out in such a secret and trivial way.
"If we want to maintain this trend, the most important thing is to maintain the status quo of gold settlement," Gao Wen said slowly following Padrik's train of thought, "and if we establish an alternative currency system, from the law of economic development Starting out, it will be a matter of time before the two countries establish a new currency interface, guarantee each other and settle in new currency, and once the currency used for settlement becomes a new currency that is completely controlled by the bank, Rosetta Augustus will be able to Effectively control the trend of gold outflow—he may even discover the traps in the domestic industrial and economic development process in time, and discover the things we painstakingly arranged. With his wisdom, he may be able to solve these hidden dangers soon.”
Issuing credit currency and creating new currency settlement barriers between Typhon and Cecil is a means to maintain the gold settlement between the two countries and delay Rosetta Augustus's reaction time.
"Yes—we want to 'help' Typhon's investors keep this 'gold shortcut'," Padraic nodded, "Of course, even if we choose an alternative currency, we can continue to ask for settlement in gold— I support credit money for another reason.
"Typhon people will not only do business with us - they know that the goods produced by the factory need to be sold to generate value, and Cecil, as a country that also develops the magic industry, will certainly not accept their output honestly , so they will definitely be looking for new markets... ”
Just as Padraic said this, Amber, who stood aside and seemed to be in awe, suddenly said: "Typhon may be in contact with the Gaoling Kingdom, and may be negotiating over the disputes in the Blue Rock area. If it is true, then Negotiations should be close."
"...they are planning to start trade with the Gaoling Kingdom, and they may even be eyeing the market of the Silver Empire," Gao Wen thought of the answer in an instant, but then looked at Amber with some doubts. "This is information from the southern part of the mainland. The Military Intelligence Bureau should Haven't penetrated there yet?"
"I met Sonia this morning, and she casually mentioned that the Silver Empire recently re-measured the blue rock disputed logging area. In addition, there was a sentence mentioned in the technical exchange document between the Silver Empire and the Magic Energy Technology Department three days ago— The magic net unit produced by Typhon can also be used in the standard operating environment. Except for the triangle area of the blue rock dispute area, Typhon and the Silver Empire have no direct border and communication. They can touch the magic net unit produced by Typhon. The biggest possibility is that it flowed in from the Gaoling Kingdom, and that may be the "trade sample" that Typhon gave to the Gaoling Kingdom. The three countries have had constant love, hatred, hatred and friction over the years, and basically all revolved around the blue rock dispute area. Just now I Think about these things for a while…”
Amber said it with a natural face, as if all this was just something she did casually in her spare time.
However, Gawain's eyes widened.
After a while, he looked back and nodded with a smile: "Very good, you did a good job."
Amber folded her arms, her ears twitching: "That's right, I'm a good choice..."
"Your Majesty, it seems that the situation is exactly as I expected," Padraic said with his head lowered, "Typhon is establishing a market to the south of the mainland, and the Gaoling Kingdom should have opened the door to them, and the Silver Empire must also to a certain extent and raise the market." Feng to establish trade relations - Although we have a good relationship with the Silver Empire and have technical cooperation, this does not prevent the elves from buying Typhon products. On this basis, the big and small city-states attached to the Silver Empire and the Gaoling Kingdom must not use Think, they will all be a market for the Typhonians.
"Typhon will establish a wide range of commercial activities in the western and southern parts of the mainland. In these areas, trade participants will use Typhon's currency for settlement—except that the Silver Empire has the strength to compete with Typhon. The country should always be in a dominant position in economic activity.
"I call it the 'Typhon Settlement Area.'
"And what we are doing is similar to Typhon. We are expanding the scale of trade with the Ogure Tribal State. You have planned to lay the railway to Ogure. In the north, the Grand Consul of Victoria is establishing a relationship with the Violet Kingdom. Communicate and try to contact the Holy Dragon Principality.
"Many city-states in the northern wilderness region have begun to purchase our alchemy potions. Although their city-states are small in scale, the entire city-state complex is still a huge market.
"There is no doubt that the Cecil Empire will be the 'economic leader' of these regions, which will be settled in our currency.
"Referring to the 'Tifeng Settlement Area', most of the northern and western parts of the mainland will become the 'Cecil Settlement Area'."
Padraic said so much in one breath, his face turned red at some point, his slightly fat body trembled slightly due to panting, and there was an inexplicable light in the eyes of this business and economic executive flickering.
Gawain stared into Patrick's eyes, unconsciously leaning forward slightly.
"Then... it's not just Cecil and Typhon's problem." He said quietly.
"Yes, Your Majesty, this is not just a problem of Cecil and Typhon - Typhon is building their settlement area, and we will definitely build our own. This is a contest between two settlement areas and two currency systems. In the long run, in large-scale, high-speed flow, cross-continental and rapidly growing business activities, credit currency ... has a higher 'capacity' than substitute currency, and is more able to withstand disasters."
Speaking of this, Padraic stopped, and Gao Wen said softly in a deep tone: "When the day of the run comes, the alternative currency will collapse faster."
Amber looked at Gawain, then at Patrick.
To be honest, although she has an outstanding talent in the field of intelligence, she has been completely confused in the field that Gao Wen and Patrick talked about.
However, she suddenly felt a chill.
"As long as the Cecil Empire does not collapse, there is no international credit collapse, as long as our industrial and economic system is still developing steadily, the magnificent wall does not collapse, and we do not engage in any stupid things of unlimited over-issuance, then the credit currency will be It is almost equivalent to having nearly unlimited solvency," Gao Wen continued, "and the gold reserves of Typhon and its business partners will eventually encounter bottlenecks, and the larger the market they create, the faster the development speed, this The sooner the bottleneck will come, the gears of the factory are wheels that are too heavy to stop, and this wheel will force them to over-issue currency, and what we have to do is before Rosetta Augustus reacts, before Rosetta Augustus reacts. Before the Typhonians close their loopholes, do everything possible to get the gold from the Typhon settlement area to flow to us..."
"May their noble investors continue to work hard." Patrick laughed.
Gao Wen also smiled: "May the current 'peaceful situation' last for a few more years."
He stood up and came to the place where the map hung beside the bookshelf.
There used to be a map of the entire territory of Ansu hanging here, but now the old map has been taken off, and a map depicting the entire territory of the mainland has been replaced.
The wasteland of Gondor occupies a prominent position on the map. Around the wasteland, Cecil, Typhon, the Ogoule Tribal Kingdom, the Kingdom of Gaoling, the Silver Empire... each country is intertwined, occupying patches of ancient land. The land of ancestors.
For thousands of years, these countries have developed independently in ease and peace. Although there are exchanges, there is an invisible barrier separating all the countries.
For thousands of years, the heroes of the stories have been knights, princesses, castles and fields.
Quiet, peaceful, pastoral.
But times have changed.
Open the door, free trade.
His eyes slowly swept across the map of the entire continent. This map was drawn by himself with reference to satellite images. Between the precise lines, his eyes gradually crossed the wasteland of Gondor and landed on the jungles and lands of the Silver Empire. between cities.
"It would be great if the transportation between the north and the south of the mainland can be realized..."
"Your Majesty?" Patrick didn't hear clearly and asked curiously.
"No, it's nothing." Gao Wen shook his head. What he was thinking about was not something Padraic, the business and economic director, could solve. "Let's talk about the issue of currency. No matter how necessary credit currency is, it must be issued. … it's not that easy."
"Yes, Your Majesty."
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