"Yin eats maoliang?"
The three Dharma Gods of Kevir looked at each other in confusion.
Thanks to the authority of Yu Sheng'an's contract, his language translation was very accurate, but the three Dharma Gods were still confused by this word.
They can understand every word of this word, but when put together, they are confused.
"Mr. Ajeev, can you elaborate?"
Dundan'er was a little embarrassed.
No matter which plane they are in, magicians have always been synonymous with profound knowledge.
Many people call magicians "nerds", which is evident from this.
"Yin eats grain. To put it bluntly, it means overdrafting future funds. There are many ways to do it. At present, the simplest way for the empire is to issue national bonds."
"To put it simply, the empire issued IOUs and borrowed funds from the private sector, promising a certain interest. After maturity, citizens can take out the cash with interest on the IOUs."
"In other words, this is tantamount to spending the empire's future financial revenue in advance."
Yu Sheng'an's concise and concise explanation made the three Dharma gods suddenly realize.
After all, it’s just a matter of borrowing money!
The three Dharma Gods immediately breathed a sigh of relief, but also felt a little resentment in their hearts. This God of the Internet always likes to use incomprehensible words, which makes them think it is a very advanced concept.
But then again, the idea of borrowing funds from the private sector in the name of the state is quite novel.
"Isn't this just a loan between nobles? In that case, why do we have to go to so much trouble? Just send fundraising tasks to the major nobles directly." Deng Dan'er said.
"It's different!" Yu Sheng'an shook his head: "Assigning tasks to nobles is mandatory. There is no essential difference between this and taxing nobles, at least in their understanding."
"The issuance of national debt is voluntary, and they can buy it or not. In addition, the minimum amount of national debt can be set to one Kvir gold coin, so that the entry threshold is low and the audience is wide. In addition to the nobility, the middle class, and ordinary rich peasants can also buy it, so that the empire It’s easy to raise tens of millions of gold coins.”
Yu Sheng'an explained.
"this… "
Deng Dan'er was stunned. After thinking about it carefully, it seemed that this was true.
Forcibly assigning fundraising tasks to nobles, even if the empire says it will pay back the money, the nobles will definitely be very upset.
After all, there are quite a few nobles who make money in the name of borrowing money.
"Mr. Ajeev, I have to admit that your idea is perfect, but I think it is not suitable for now. At the beginning of the imperial war, borrowing money from the private sector can easily give people the impression that the treasury is empty, which will in turn cause opposite effect."
Dharma God Bessie paused and then said:
"Besides, although I, Kweir, have exerted great power, there are still evil gods who secretly covet us, so it is even more inappropriate for us to show our cowardice."
Edgar, run by the God of Law Bessie, is the famous commercial capital of the Kver Empire. Under the influence of his ears and eyes, the God of Law Bessie naturally has an instinctive intuition about economics.
"Bessie is right. It is unprecedented to issue an IOU in the name of the empire. No one can predict the specific effects. With the current situation of the empire, it is indeed difficult to implement radical strategies."
Dundan agreed with Bessie's words.
Bessie and Dundaner's objections made Yu Sheng'an startled, and he suddenly realized that he was a bit copyist.
In this world where business activities are very primitive and the idea of “borrowing chickens to lay eggs” capital is still in its infancy.
Borrowing money, in most minds, is a negative thing.
If an individual is like this, borrowing money in the name of the empire, the impact will be even more terrifying.
Maybe other countries will think that the battle in Kerver has emptied their national treasury, and then come up with some radical ideas, which is not impossible.
"Mr. Ajeev, you just said that there are many ways to eat maoliang, so what are the other methods?" Qimor changed the subject.
The other two Dharma Gods also looked over with sharp eyes upon hearing this.
Although the national debt is not suitable for the current Kvir Empire, they have to admit that the Internet God is indeed different.
The thinking is simply unconstrained and eclectic.
"There is another way to avoid the problem of imperial exposure, and that is to open a bank. To put it bluntly, it is a currency savings business."
"This is a bit similar to the exchange coupons in [Conquest of the Second Plane]. The user deposits gold coins in the bank or magic tower, and I open an account for him. When he needs gold coins, he summons the Internet, goes to the bank to verify it, and then he can withdraw cash. "
"In this way, the wealth of the entire empire will be gathered in the hands of the bank. I can lend part of the funds to the imperial financial institutions, similar to the national debt just mentioned. After maturity, the empire can repay it with taxes."
Speaking of this, Yu Sheng'an narrowed his eyes:
"If this is done, the people of the empire can even get rid of the shackles of currency in the future. Their money can be completely replaced by virtual currency, just like Internet points. They need to trade with each other. Open the Internet and scan the code to increase or decrease through the Internet. currency."
"By then, the empire will not only be able to greatly save the cost of minting coins, but this move will also speed up currency circulation and stimulate commercial development. From now on, merchants will no longer carry boxes of gold coins with them when doing business. You should understand what this means!"
Yu Shengan took a deep breath:
"We can even use this to establish a financial exchange system, linking the Kvir currency to magic power, and linking the currency exchange rates of various countries to the Kvir currency. At that time, we can adjust the exchange rate and mint coins at will. No, we don't even need to mint coins. I will do whatever I want. Just change the numbers and you can deprive yourself of all-dimensional wealth."
The three Dharma Gods of Kevir were dumbfounded.
Take the example of Internet points, they can barely understand the concept of virtual currency;
But about the exchange system, the exchange rate, the peg, and the deprivation of all wealth, to be honest, they were completely confused.
"Mr. Ajeev, can you elaborate?"
Deng Daner humbly asked for advice.
Yu Shengan took a breath and explained carefully that he needed the Kvir Empire to help him get through the initial "material stage" of currency.
In this world, money is still in the stage of "special commodities serving as general equivalents".
In other words, money itself is a commodity.
Gold, silver, and copper have value in themselves.
If you want to transition to the "functional" stage that is "not worthy of the name", there is still a long way to go in this world.
Therefore, if you want to absorb savings, you have to rely on outlets to attract depositors.
It just so happens that the appearance of [Conquering the Second Plane] krypton gold value and exchange coupons is, to a certain extent, the embodiment of part of the functions of the bank.
Therefore, using Magic Tower as a bank branch definitely has great potential.
Plus, now is actually the best time to open a bank.
Why
This is an alternative embodiment of war dividends.
Kvir was able to withstand even the attacks of the United States of St. Todd, and even successfully counterattacked and pushed away a capital city of the other side. Such force proved that Kvir was able to ensure the safety of the bank.
For depositors, isn’t the most basic guarantee the safety of the bank
As Yu Sheng'an explained, the expressions of the three Dharma Gods gradually turned petrified and dull.
It wasn't until sunset that the three of them ended the meeting without any satisfaction.
When leaving, even after digesting the long meeting, the three of them still looked shocked, and some suspicions were strengthened in their hearts.
—The true form of the Internet God may be the Demon of the Abyss!
What comes from the existence of the Azure Star
He was afraid that he had completely taken over a certain plane as his own, so he designed this uniquely directional prayer, right
The ultimate purpose of doing this is to conceal his demonic nature and facilitate his preaching among the largest human population.
It’s no wonder that the three of Dundan’er came up with such an idea.
In fact, the concept Yu Shengan said was so incredible that they had never heard of it.
You know, as Dharma Gods, plane travel happens from time to time, and they also see a lot of weird customs and culture.
They could even recognize the remains of the Titans of the ancient gods at a glance. One can imagine how terrifying this experience was.
But even with this experience, I have never seen what Yu Sheng'an said.
So how these things were born is really questionable.
They have reason to believe that only demons with completely twisted souls can come up with these murderous financial concepts.
However, now is not the time to wonder whether the Internet God is actually a demon.
Because the Kvir Empire has already boarded his chariot, it is impossible to leave even if they want to.
Fortunately, at present, his existence definitely does more good than harm to Kevir.
In other words, after witnessing the mighty force and cunning wisdom of the Internet God, they would rather become his minions than become "wage earners" in the "financial war" he calls it.