Chapter 1038 Overlord
"Master Prime Minister, if the banknotes you mentioned are simply replacing those metal coins, I always feel that it will be difficult for others to accept them."
Black Dragon Pucasto is obviously not very interested in banknotes: "In my opinion, gold coins and silver coins are more real. If you give me banknotes, I always feel that they are as worthless as newspapers..."
This is actually the opinion of the majority of people, but the other lords have a profound city and did not express their opinions hastily.
Speaking of which, the dragons consider themselves "advanced creatures" mainly because of their extremely domineering bodies - as long as the dragons can live to adulthood, they can basically walk sideways on the mainland. In addition to their physical advantages, their inheritance also determines that their brains and magical attainments are as superior to humans... This is not an inference, but a conclusion after challenges from countless humans and other humanoid races.
However, this cognition has been gradually broken within the Dragon Clan's top management in recent months: the technology Rody used in the war, and the courses dictated by the honorary elders afterward, clearly outlined the outline of a higher civilization …
Roddy didn't dare to brag about how developed the earth civilization is in the 21st century, nor would he despise how backward the magical civilization of this world is. In fact, the knowledge brought by him and Kardashian is not just simple applications such as thermal weapon technology or railway transportation, but the most important point is the promotion of scientific methodology-this is a set of logical systems that can be applied to everything , its existence is also of great significance to the exploration of magic.
It is precisely because the dragons are smart that they have a vague sense of awe.
Victor has a very deep understanding of the changes in his daughter, so at this time he does not ignore Rody's remarks as casually as before. He said: "Prime Minister, can you answer one or two questions for us?"
"Currency is a very complicated set of theories. Here I can only briefly say the most realistic point: the previous metal coinage system had a high rate of wear and tear, and long-distance transportation..."
Rody talked eloquently in front of the lords, and not long after, nearly ten elders surrounded him. This scene was quickly captured by the reporters.
"If it is exchanged for banknotes, because it is easy to carry, on average, if the weight of goods carried by each person is reduced by 10%, then under the excellent road network system, the consumption during use and dissemination is counted..."
The dragon group is too small, so it has not yet calculated the loss of currency circulation in a country with a population of one million. The lords all thought inwardly when they heard the words—Iskar, who was standing in another corner, asked Kardashian in a low voice: "How do I feel, the Prime Minister is just talking about the most obvious things? It's just words to reduce consumption." , why do you need to spend so much effort to make banknotes?"
Several honorary elders also attended in costumes,
The accessories on them are on the same level as the dragon elders. Edith, who is the owner of the magic tower, is also chatting here. She and Kardashian both wear the badge representing the high level of the Magic Research Department-now this badge is better than the badge of the Minister of Internal Affairs, even if it is worn by ordinary people. , the dragon clan will be polite when they see each other.
Kardashian relaxed, holding a glass of wine in her hand and said with a smile: "Rhodi has a lot of thoughts, of course he likes to hide the most important things."
Black Dragon Rubens is not as impatient as before, but he still couldn't hold back, covered his mouth with his hands, and mouthed: "Then...tell us?"
Kardashian knew that the people in front of her and herself were Roddy's most trusted team members, so she glanced at Edith, who had a calm expression, and coughed lightly: "Then let me explain briefly: you, as the government that issues currency, are in The government stipulates an exchange rate, for example, one gold coin is equal to one hundred yuan... then ordinary people must exchange banknotes according to this exchange rate. But what about the government? It prints and distributes as much money as it wants, as long as it can maintain the country's economic development If the speed can keep up and the domestic situation is stable, then the circulation can increase infinitely.”
Essien was the first to react: "Wouldn't that be equivalent to overdrafting the country's credit as collateral? Well, if more banknotes are issued, wouldn't prices go up?"
Kardashian didn't speak, but they are all smart heads, Iscar nodded: "So, the Prime Minister intends to use this method to temporarily 'repudiate debt', and then distribute the risk of the debt crisis evenly to the people of the whole country— —As long as you use paper money, you are taking part of the cabinet's debts..."
After saying this, several of them looked at each other in blank dismay, all of them had an unbelievable feeling: the debt crisis is the first big problem that needs to be solved after the end of the war, and they all know that if the money is not paid, then the There must be big problems in the country... Without money, the army and nobles cannot be controlled. Under frequent turmoil, the prestige of Sally I will definitely decline rapidly, and if it fails, it will become a situation of separatism again.
They thought that Roddy would quickly cash out and repay the debt by vigorously developing technology and quickly reselling arms, etc. As a result... this problem seems to have been easily solved with the invention of paper money?
Just when several honorary elders were trying to digest this shocking news, there was a heroic voice from Pukasto from Rody: "Afraid of circulation problems? It's easy to say! When the time comes, we will print the emblem of our Black Dragon Clan on it. Isn't this kind of credit guarantee enough?"
When he mentioned this, several lords next to him were also unwilling to lag behind: "This is a good idea. In fact, after hearing what the Prime Minister said, such currency can also be circulated within our Dragon Clan. Even if the amount of gold coins used is not large, it is true that it is convenient to transfer and store." Yes—those juniors often go back and forth several times, just to transport those copper coins and silver coins, hey, it’s silly to say it.”
So the five lords made a decision on the spot: not only to develop anti-counterfeiting and durable banknotes, but also to print dragon language and five dragon emblems on the banknotes, and use them themselves to prove the stability of this alliance!
Roddy responded very flatly, still smiling. But Iskar and the others all looked at Kardashian and Edith when they heard the words. The corner of the latter's mouth had never spoken before, but now he sighed: "I really admire the Prime Minister...he takes the national credit Mortgage is actually enough to get through this debt crisis. But with the addition of the five dragon clans..."
She didn't say what the consequences would be, but the honorary elders all understood one thing: their research funding will definitely not be lacking in the future.
This currency has not yet been issued, but it has already reserved the status of the "hegemony currency" of the entire continent in the future. Compared to the dollar on the earth, Roddy's out-of-the-box financial plundering method... is far more powerful than the forbidden curse to other countries on this continent, and even to the civilizations of all other races.
But now the dragon lords who raised their wine glasses and talked and laughed, didn't realize what they had created.
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