Things From Another World

945. The wave of 943 chapter reform

Why is it that it is a bottom-up salary?

The original gold coin was used as a currency. It was directly distributed between the Star Diamond Bank and the consumer after it came out of the Illus coin. Due to the nature of the gold coin, the participation of the Illus coinage was no longer needed.

The dragon likes gold, and the goblin likes wealth, so that the two sides can reach a consensus on the gold coin, but if the gold loses the currency attribute, the big premise of the cooperation between the goblin and the dragon will disappear!

On the other hand, after changing into banknotes, consumers must face the situation of currency damage and depreciation. In this case, they can only go to the Prandal Central Bank for exchange.

In addition, the Prandal Central Bank is equal to the high authority to supervise the currency and issue the currency. This is equivalent to a management agency between the Star Bank and the consumer.

In this case, Star Diamond Bank can’t be too casual in the savings policy. It must look at the face of Plandal Central Bank…

To make matters worse, all the gold coins in the stocks in their vaults have to be replaced with new ones. This one is not so simple, and the doorway inside is big enough…

The gold coins that have been taken away by the dragon will be willing to take it out and replace it with a piece of paper?

Garian’s mood was terrible. He sneaked a glimpse of Sasha Glot and said, “Hello, Lord, I feel that this is a bit wrong. If people are not willing to change into banknotes, you can’t force them to fail. ?”

“Of course I will not force it.”

Dunn drank his mouth and sipped his throat, and waited for Garian to breathe a sigh of relief. He said faintly: “But we have a redemption period. If we do not redeem this period, we will cancel the currency status of the gold coin. Treated entirely as ordinary metal materials, that is, you don’t exchange them early, and the value of gold coins will depreciate.”

Normally, as one of the rare metals, the value of gold will not rise and fall after losing its currency status because of its wide industrial use.

But in Plandal, this route does not work.

Gold is soft and can’t build armor.

Gold is not a good conductor of magic, and it is not comparable to magic metal in the application of magic.

The rarity of gold is only in the ordinary metal, looking at the entire metal deposits of Plandal and even the astral world, the reserves of gold are definitely not rare, there are more rare magic metals.

There is no complicated microelectronics technology here, and the characteristics of gold are needed.

Therefore, the final status of gold is likely to be used to create some beautiful tableware, decorations and so on.

The market value it represents will fall dramatically.

Dunn shrugged and continued. “At the same time, it means that if you don’t exchange gold coins in the vault, it doesn’t matter at all, just how you play.”

Even if the dragon wants a large collection, the reduction in gold will not affect the currency in circulation.

All in all, Dunn’s attitude has been very clear. He is determined to cancel the gold standard and cancel the gold’s monetary status. After all, this thing will be used as the raw material of Olaha Steel, if the price is still so high, the cost But it is quite bad control.

Garian took a deep breath and said in a deep voice: “Hello, you are too confident, the value of the gold coin is well known, and you can cancel it if you want to cancel its legal currency status. The Kingdom of Solant, Grace The kingdom, the Kingdom of Ronitante, the Rennes Empire, and even those Principalities are still using gold coins, and you cannot force everyone to do what you want.”

Dunn looked at him meaningfully and said: “That is what I need to worry about, isn’t it?”

He has been working hard to promote the influence of the Datang Chamber of Commerce. What is it for?

innovation Technology!

Far more than the financial resources of the ordinary chamber of commerce!

Relying on the great influence of the Datang Chamber of Commerce, the implementation of the new version of the currency with the Datang Chamber of Commerce as the core is the only opportunity for currency reform.

Looking to rely on the policy of the Royal Palace of Illus? Ha ha……

From the moment of implementing the monetary reform policy, gold coins will only be inaccessible here at the Datang Chamber of Commerce. All the money flowing out of the Datang Chamber of Commerce will be replaced by banknotes. Not only that, but then the Datang Chamber of Commerce will issue salary bonuses and the like. It will also be replaced entirely by banknotes, and Ellington will take the lead in achieving full banknotes.

At the same time, the salaries of the civil servants of the Illus Empire will be replaced by banknotes. It will not take long for the gold coins of the entire Illus Empire to be completely recovered and smelted, extracted into gold nuggets and stored, waiting for the synthesis of Ollie. Ha steel.

Coupled with the fact that the Datang Chamber of Commerce has already laid out the Rennes Empire and the Kingdom of Ronitante, the influence is gradually expanding. The two countries will soon have a situation in which banknotes and gold coins are mixed and circulated. When it is more convenient and faster than gold coins, the influence of banknotes will be further expanded.

At that time, even if Star Diamond Bank was unwilling to accept banknotes, there was no way. Unless they were willing to give up the savings market, they could only watch the gold coins in their vaults being lifted a little bit and eventually face bankruptcy.

At that time, it was a big deal for Dunn to open a Datang Commercial Bank to provide online savings services. Is it not a good market to receive the entire Star Diamond Bank?

Dunn said with a strong heart: “The times are progressing, society is reforming, and if it is not following the footsteps of the times, it will only be eliminated.”

“It’s useless to say so much.”

Garian had to pin his last hope on Sasha Glot: “Lord Dragon King will not agree to the currency reform plan!”

“I agree.”

“Look, I said – wait!! Dragon King!! What do you say? You agree!?”

The unexpected reply made Garian completely dumbfounded.

“Yes, I said I agree.”

Sasha Grotte waved his hand and said: “We will talk to Rivies about this matter, you don’t have to say anything more.”

What happened to the world when Garian was struck by lightning?

Even the dragons love the existence of gold coins, and they can accept this ridiculous reform plan! ?

“If it is not too late, let’s go to Rivez now.”

Dunn stood up and Sasagolo nodded, then the two left using teleportation.

The sly Garian didn’t know how he left the lord’s house. He only knew that he was farther and farther away from the golden gold…

“Rare friends!”

When he saw Rivitz, he was riding his tricycle in the garden, seeing Sasaglott curiously looking at his tricycle. Rivez grinned and said with a flattering face: “Dragon King Your Majesty, would you like to try?”

“Forget it, it is not for me.”

Sasha Grotte waved his hand and sat down next to him.

Rivez looked at Dunn curiously: “Lord Dunn, now that Alex is the bustle, how come you think of sitting here with me?”

“Of course there is something to talk to you about.”

Dunn smiled and said the money reform to Rivets.

Not as he expected, when Dunn reorganized the Illus coinage as the central bank of Plandal, Rivez was also panicked, but he did not immediately speak, but listened to all the words.

When he learned that the Federal Bank of Prandal did not provide savings and loan business, he was relieved and could follow his heart and raise it.

“The status of banknotes instead of gold coins? This is simply whimsical!”

Rivitz said incredulously: “How can a piece of paper compare with the value of a gold coin?”

Dunn sighed and said: “Lord Rivies, if I want to buy your things, but I don’t have any money, then I write an owe to you, take the things first, then I will give you a few days, you Can you accept this type of transaction?”

“Of course, you definitely don’t need that money -“

Dunn smiled: “Since the debt can represent a certain monetary value, why can’t the banknotes?”

Rivez didn’t know how to answer him.

“We are here to find you, just want to communicate with you, open the banknote storage business of Star Diamond Bank as soon as possible, you can directly exchange money with Plandal Central Bank, and when customers withdraw cash, they will replace gold coins and coins with equal amount of paper money to help us as soon as possible. Promote the circulation of banknotes.”

See what Rivitz wants to say, Dunn waved his hand and continued: “You can not accept this condition and continue to trade with gold coins, but if the customer holds the banknotes to you to deposit, you do not accept this market. It will inevitably lead to another bank that provides this service, and you can only watch your customers invest in the arms of other banks.”

“hiss–“

Rivitz took a breath and looked down at Sasha Glot: “The Dragon King” -“

“I have expressed support for Dunn’s currency reform program.”

Sasha Glot lifted his chin: “You talk, don’t worry about me.”

Sasha Glot came over just to make a statement. How to talk about it depends on Dunn and Reevez.

“Lord Dunn, this news came too rushed, I can’t give a reply right away.”

Rivez decided to drag on and take care of the risks and opportunities.

“Of course, this is your power.”

Dunn made a “please” gesture and said with a smile: “But I will not slow down the pace of monetary reform. I promise not to complete the currency conversion in the entire Illus Empire for more than a month, or even Including Nanila, there will also be new editions of banknotes. They are likely to start facing a situation where they can’t save money. I thought that at that time, you would make the right choice.”

Rivitz was anxious: “You are pushing the palace!”

“Do not.”

Dunn pulled the collar tightly and said: “I just remind you in good faith that the pace of reform has already gone out, it is to follow up, or to stay in place, all in your mind.”