Things From Another World

928. Chapter 926 chapter on currency reform

What is the so-called enough gold?

One ton? Ten tons? One hundred tons? One thousand tons?

No one has a number.

According to the formula given by the dragon, the composition ratio of brass and gold in Olaha steel occupies the vast majority.

奥利哈钢具体的生产比例是黄铜：黄金：秘银：奥金：龙血=8：1.5：0.3：0.1：0.1。

这也就意味着生产1000吨奥利哈钢，就要用掉800吨黄铜，150吨黄金，30吨秘银，10吨奥金，还有10吨龙血——当然了，由于提取出了有效成分金细胞，因此龙血可以换成金细胞来替换，按照龙族中金细胞的平均含量，10吨龙血的效果大约等于4到5吨金细胞。

Brass said that the powder reserves of Plantar are very large. The brass currently mined is mainly used to produce tap water pipes, as well as some metalware and magic machinery parts. The production capacity is absolutely sufficient.

Dragon Blood also said that once the dragon farming industry is launched, the supply of gold cells can be said to be continuous, and there is no need to worry.

The more troublesome places are gold, Mithril and Auchin.

Note that the consumption on this formula is calculated in tons!

If Mithril and Aukin can be calculated in tons, can you count on rare and expensive magic metals?

When dwarf blacksmiths, alchemists, and other occupations use Mithril Aukin, they are all counted!

Recalling the words of Sasha Grotte, and then thinking about the golden giant statues in the different space, Dunn’s mouth twitched.

Pranda’s Mithril and Auchin have been made into a golden statue by Ollie Steel. But Dunn certainly won’t destroy the body of the Golden Giant, and the second shape will give the dragon. Production of magic gun armor, it is undoubtedly lost sesame lost watermelon.

Fortunately, Dunn is holding the golden thighs of the gods, Mithril and Okin. He has there. Although it is impossible to supply large-scale industrial production, it is no problem to deal with the order of Sasha Glot. As for the remaining secrets. Silver and Auchin can only be found from other magic metal mines.

Of course, there is another place.

Astral.

The mineral resources on the stars of the astral are also quite rich. In addition to the magic metal, the heavy metal of gold is widely present in the astral, but the biggest problem is that… there is no way to mass exploit.

Mining in the astral world is equivalent to mining in asteroids in outer space. Now the industrial level of Plandal has not broken through the atmosphere. How can it have the ability to mine in outer space?

If you use the power of magic to make a shortcut to overtake, you can achieve a small amount of mining, but you must have a stable astral base to get it, and you have to convince those magicians who have at least a master-level realm to go to the stars. The adventure of dry miners in the world…

This can happen unless the power of magic completely fades away from the mysterious color and becomes a normal, fully universal force.

At present, it seems that the first batch of orders for Sasha Glotte will be dealt with, and the follow-up production will find ways to find materials.

“gold?”

Fiona brows: “Is our existing gold mine capacity insufficient?”

“I can’t say enough, I just thought of one thing… Don’t you think that there are too many gold coins circulating in various countries on the mainland?”

Dunn’s words gave Fiona a glimpse and then was shocked: “Do you think -“

“Yes, I want to recycle gold coins, smelt and separate, and then restore gold to the status of industrial raw materials.”

Dunn nodded and said: “In the past, the gold coins issued by various dynasties were too complicated. Some of these coins were stored in the treasury of various rich people, and some of them were still circulating in the market, which is not conducive to the healthy development of the economy, so I think we What should I do.”

Fiona was a bit embarrassed. After a moment, she said: “Is it too arrogant to do this? The gold coin has been the currency of Plandal for thousands of years. If you want to carry out currency reform, you will definitely encounter considerable resistance.”

“How to say, the economic policy of the gold standard is based on the rare value of gold, but you can see the current market. Do you think gold is rare?”

Dunn has a hand, and Fiona has nothing to say.

Because he is telling the truth.

Now a random product of hundreds of thousands of gold coins, if not the emergence of the Star Diamond Bank, I am afraid that even the transaction is a problem – because there is no one who can go out with so many gold coins all day, the pressure is dead.

Gold coins have already had many drawbacks as a currency. If reforms can be carried out, it is indeed beneficial. If it cannot be reformed smoothly, it will probably create a huge hidden danger.

It is not the current currency of the Illus Empire coinage, but because the concept of gold=equivalents has been inherited since then, the old imperial gold coins tend to have a large amount of retention in the world, and have not been fully recovered. Recasting, this led to the current cycle.

In fact, the existence of the Star Diamond Bank has greatly slowed down the difficulty of trading gold coins. The bulk transactions have begun to use the bank card of Star Diamond Bank to directly perform credit card settlement. The accounting is calculated within the Star Bank, from a certain angle. It is said that in fact, Plandal has already had a prototype similar to electronic payment, and electronic payment has not yet been fully realized. The currency naturally has its existence value.

“Do you want to recycle old coins, or do you want to reform the current gold currency system?”

Fiona sighed: “If it is the former, I can think of a way. If it is the latter, I am afraid that you have to discuss with Princess Aurelia and Queen Olina. The impact is too complicated and too complicated. I am politically The thing is still a bit of fun.”

“All have to be done.”

Dunn decisively said: “It’s not just about recycling old coins, but also carrying out existing currency reforms, abolishing the currency system of gold coins, and launching new currencies.”

“New currency?”

“Well, for example… banknotes.”

“paper?”

Fiona was even more surprised: “How can paper act as currency?”

Dunn thought about it and said: “Tell this to you. For example, I am the president of the Datang Chamber of Commerce. You are the raw material supplier of the Datang Chamber of Commerce. Now I owe you one million gold coins. I don’t have any gold coins on hand, and I don’t have a credit card machine to settle the bills. Then I wrote an owe in the name of the president of the Datang Chamber of Commerce. You can exchange the value of one at the Taitang Chamber of Commerce for any value. Do you want to accept goods with millions of gold coins?”

Fiona said without hesitation: “Of course I am willing.”

“Why are you willing?”

“Because you are the president of the Datang Chamber of Commerce… Oh! I understand!”

Fiona immediately realized: “The currency here represents credit!”

“Yes.”

Dunn smiled very gratifiedly: “I will expand the scene a bit. I am the king of the Illus Empire. I will guarantee in the name of the king and issue banknotes instead of gold coins. In the name of the royal family, I guarantee that the purchasing power of banknotes is the same as that of gold coins. Do you think merchants will choose portable banknotes or heavy gold coins?”

“Of course it’s banknotes,” paused, and Fiona added, “The premise is that merchants are willing to trust the credit of the Imperial Family of Illus.”

“Yes, so to issue a new version of the currency, the first thing to solve is the royal credit problem, or broadly speaking, the economic, political, and military strength of the Illus Empire. Only when it has strength can it be widely recognized. The value of the issued currency is more easily accepted by the market.”

Dunn continued: “By issuing a new version of the currency, recycling the redundant gold in the market and melting it into materials, it can greatly alleviate the raw materials of Olaha Steel, and at the same time, it can also digest the gold coins left by the former in the process of currency replacement. “”

“Do you want to recycle those old coins at a discount?”

“That is of course!”

Dunn said of course: “That is the currency of the previous dynasty, how can we recognize it! Now they can continue to flow because the object of the equivalent is the ‘gold’, once the status of gold is returned from the equivalent For metal materials, those old gold coins lose the value of the transaction, even if they are stored, it does not make sense, and it will inevitably force those people to exchange the gold coins that are stored in circulation.”

“The most important thing is that in the process of replacing the new currency, the total amount of new currency issuance can be controlled. Through the replacement process, we can know how much currency is actually issued in the market, and thus macro-control the entire market. ”

It is certainly not a simple matter to carry out currency reforms. But Dunn only knows this in this respect. He is completely ignorant of more complicated economics and finance. He doesn’t play anything like treasury bonds, he only Knowing that banknotes are a manifestation of government credit, and now that the new government of the Illus Empire is represented by him, it has revived the entire empire, and the public support rate has never been higher. Together with the Datang Chamber of Commerce, it is currently unparalleled. Status, the implementation of this new policy can be described as everything is ready for the wind.

Of course, maybe it will be better to implement such a radical policy in a few years, but the problem is that time is not waiting for people, Dunn can wait, the world can’t wait…

Who knows when the Chaos army will arrive?

Therefore, policies that can promote economic development and promote industrial progress are better promoted as soon as possible.

“But how do you convince people to exchange new money?”

Fiona asked Dunn: “The emergence of new things is always accompanied by all sorts of suspicions and suspicions. How can people be so easy to accept new currencies?”

In people’s minds, gold coins are equal to gold, equal to valuable things. You let them exchange gold coins for a kind of banknotes. They are simply not so easy to accept.

The substitution of banknotes on the earth for alloy currency was also replaced by a very long time. The Chinese Tang and Song dynasties were the earliest banknotes, which existed as a manifestation of the bank’s credit. Later, Australia was the first to completely use paper money instead of alloy currency. The country, which has spent nearly a thousand years in the middle, can imagine how difficult it is.

Fortunately, Dunn still has a way.