"Tell me your reasons, Padric." Gawain looked at the imperial commercial and financial director in front of him with a serious and serious expression. "You should know that the implementation of credit currency is a more radical measure, and the pace of change If it is too large, it means that the difficulty and risk of change will rise sharply."
"Yes, Your Majesty," Padrick pressed the collar of his black short dress and took a deep breath. Said, "The main reason why I make this suggestion is... Typhon."
"Typhon..." Gawain pondered for a moment, "Go on."
" Your Majesty, you once said that there must be a war between us and Typhon, and in my opinion, this war has actually begun - you must also think so. We have just avoided a real battle. war, but economically, our competition has just begun, and at this stage, the essence of this competition... is a competition for gold settlement."
Gawain looked into Padrick's eyes. , he did not hide the approval in his eyes and motioned for the other party to continue speaking.
“Typhon’s substitute currency is based on gold, and their bank issues banknotes that can be exchanged for gold. However, when it comes to orders with Cecil, because the two parties have not yet Establishing a new currency interface, we still directly settle 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. The orders for the latter are small, but the value is huge, so overall. Above, Typhon's gold is flowing slowly and unnoticed to Cecil
"Your Majesty, you should know that Typhon's aristocratic reforms are far more 'moderate' than ours, and they remain. There are a large number of old nobles, and in addition to losing their privileges, these old nobles also retain a large amount of personal property.
“To put it simply, Typhon still has a large number of noble treasury that are not controlled by the royal family. The gold paid to us... is actually a lot of it is privately owned by countless nobles of all sizes in Typhon. Less than half of the combined investment, capital raising, and financing methods come directly from the vaults of the Typhon Imperial Bank. Therefore, for a long time, the Typhon people will not find that their gold is flowing out-this is not only It involves a very large and long-term statistical work, and there are also a large number of nobles who are using various methods to hide the trivial but large-scale gold flows in order to bypass the railway investment restrictions set by Rosetta Augustus... ”
Listening to Padric’s words, Gawain couldn’t help but think of what Daniel reported to him:
The small and medium-sized nobles of Typhon, in order to compete for a share of the railway system, They are all trying their best to get involved in those projects, and in order to bypass a series of obstacles set by Rosetta Augustus, their most common method is to borrow from banks in the form of family guarantees and joint guarantees. Then "cooperate" with the bank (after all, half of Typhon's banking system is in the hands of the aristocracy) and transfer the debt to the Cecil Railway Investment Company, and then they will repay the debt withUse your own family treasury to repay Cecil's debts in batches, thereby obtaining shares through various shell methods and sharing the profits of railway operations...
This complex and "wonderful" operation, Bypassing their regulatory system.
Rosetta Augustus may have been a talented and iron-fisted emperor. He used palace struggles to successfully control the powerful upper-class nobles of the Typhon Empire, and frightened and subdued the small and medium-sized nobles in the country. However, in In the corners of the sewer that he could not take into account, among the small aristocrats who were gradually transforming from the old aristocrats into capitalists, the "creativity" and "fighting spirit" displayed by people in the face of interests obviously exceeded the capabilities of Emperor Typhon. Imagine.
Typhon’s gold is flowing out secretly and trivially.
“If we want to maintain this trend, the most important thing is to maintain the status quo of gold settlement,” Gao Wen followed Padrick’s train of thought and continued slowly, “And if we establish a substitute currency System, starting from the laws of economic development, it is only a matter of time for two countries to establish a new currency interface, guarantee each other and settle in new currencies. Once the currency used for settlement becomes a new currency that is completely controlled by the bank, Rosetta · Augustus can 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 have painstakingly arranged. With his wisdom, he may soon These hidden dangers can be solved."
Issuing credit currency and creating new currency settlement obstacles between Typhon and Cecil is to maintain the gold settlement between the two countries and delay Rosetta Augustus. reaction time means.
"Yes - we want to 'help' Tiphon's investors keep this 'golden shortcut'," Padrick nodded, "Of course, even if we choose a proxy currency, we You can also continue to ask for settlement in gold - there is another reason why I support credit currency
"The Typhonians will not only do business with us - they know that the goods produced in the factory need to be sold. Only in this way can we generate value, and Cecil, as a country that also develops magic industry, will not accept their output honestly, so they will definitely look for new markets..."
Padrick Just as he said this, Amber, who was standing aside and seemed to be in a trance, suddenly said: "Typhon may be in contact with the High Mountain Kingdom, and may be negotiating on the disputes in the Blue Rock area. If this is indeed the case, then the negotiations should have already begun. It's almost done. "
"...They are preparing to start trade with the Kingdom of Gaoling, and may even be eyeing the market of the Silver Empire." Gawain instantly thought of the answer, but then looked at Amber with some confusion, "This It's intelligence from the southern part of the mainland. The Military Intelligence Bureau shouldn't have penetrated there yet, right? ”
“I met Sonia this morning. She casually mentioned that the Silver Empire was recently re-measuring the controversial logging area of Blue Rock. In addition, the technical exchange between the Silver Empire and the Magic Energy Technology Department three days ago There is also a sentence mentioned in the document - the magic net produced by TyphonThe unit can also be used in standard operating environments. Except for the triangular area of the Blue Rock disputed area, Typhon and the Silver Empire have no direct border or communication. They have access to the magic network unit produced by Typhon. It is most likely that it flowed in from the Kingdom of Gaoling. That may be Typhon. 'Trade sample' to the Kingdom of Highmountain. The three countries have been having constant conflicts of love and hatred over the years, and they basically revolve around the Blue Rock disputed area. I just thought about these things..."
Hu He said it matter-of-factly, as if All this was just something she did casually in her free time.
However, Gawain's eyes widened.
After a moment, he looked away and nodded with a smile. Nodding: "Very good, you did a good job. "
Hubo crossed his arms and twitched the tips of his ears: "That's right, I am the chosen one after all..."
"Your Majesty, it seems that the situation is indeed as I thought. "We have some information," Padric lowered his head and said, "Typhon is establishing a market in the southern part of the continent. The Kingdom of Gaoling should have opened its door to them, and the Silver Empire will probably also establish trade relations with Typhon to a certain extent - although we and Silver The empire has good relations and technical cooperation, but that doesn't stop the elves from buying Typhonian goods. On this basis, the large and small city-states attached to the Silver Empire and the Kingdom of Gaoling will definitely become the market for the Typhons, not to mention them.
"Typhon will establish extensive commercial activities in parts of the western and southern parts of the continent. In these areas, trade participants will use Typhon's currency for settlement - except for the Silver Empire who has the strength to compete with Typhon Outside of competition, Typhon should dominate economic activities in front of other countries.
"I call it the 'Typhon Settlement Zone'.
“And what we are doing is similar to Typhon. We are expanding the scale of trade with the Augure Tribal Nation. You have planned to lay the railway to Augure, and in the north, Victoria The Archon is establishing communication with the Violet Kingdom and trying to contact the Holy Dragon Principality
“Many city-states in the northern wilderness area have begun to purchase our alchemy potions. Although their city-states are not large, the entire city-state. Consortiums are still a huge market.
"There is no doubt that the Cecil Empire will become the 'economic leader' of these regions, which will be settled in our currency.
" Refer to 'Typhon Settlement Zone' ', much of the northern and western parts of the continent will become the 'Cecil Settlement Area'. "
Padrick said so much in one breath, his face turned red at some point, and his slightly fat body was trembling slightly due to breathing. In the eyes of this business and economic executive , there was some kind of inexplicable light shining.
Gawain stared at Padrick's eyes, and his body leaned forward slightly without realizing it.
"So... …This isn’t just about Cecil and Typhon. "He said in a faint tone.
"Yes, Your Majesty, this is not just for Cecil and Typhon.The problem is - TiFeng is building their settlement area, and we will definitely build our own. This is a competition between two settlement areas and two currency systems. In the long run, in the large-scale, high-speed flow, In commerce that spans continents and grows rapidly, credit money...has a higher 'capacity' than proxy money and is more tolerant of disasters. "
At this point, Padric stopped, and Gawain whispered in a deep tone: "When the day of run comes, the substitute currency will collapse faster. ”
Amber looked at Gawain and then at Padrick.
To be honest, although he has outstanding talents in the field of intelligence, between Gawain and Padrick She was completely confused about the field she was talking about.
However, she suddenly felt a chill.
“As long as Cecil’s empire does not collapse, international credit will not occur. collapse, as long as our industrial and economic systems are still developing steadily, the wall of grandeur does not collapse, and we ourselves do not do anything stupid like unlimited over-issuance, then credit currency is almost equivalent to having near-infinite solvency," Gao Wen He continued, "The gold reserves of Typhon and its business partners will eventually hit a bottleneck, and the larger the market they create and the faster it develops, the sooner this bottleneck will come. The gears of the factory are so heavy that A wheel that cannot stop, this wheel will force them to overissue currency, and what we have to do is to do everything possible before Rosetta Augustus reacts, before the Typhons close their loopholes Let the gold in the Typhon settlement area flow into our side..."
"May their noble investors continue to work hard. " Padrick laughed.
Gawain also smiled: "I hope the current 'peaceful situation' can be maintained for a few more years. ”
He stood up and came to the place where the map was hanging next to the bookshelf.
A map of Ansu’s entire territory once hung here, but now the old map has been taken off, and a map of A map depicting the entire continent was replaced.
The Wasteland of Gondor occupies a prominent position on the map. Around the wasteland, there are Cecil, Typhon, Ogurai Tribal Kingdom, High Mountain Kingdom, The Silver Empire... The countries are intertwined, occupying ancient ancestral lands.
For thousands of years, these countries have developed independently in peace and tranquility. Although there are some exchanges, But there is an invisible barrier that separates all countries.
For thousands of years, the protagonists of the story have been knights, princesses, castles and fields.
Quiet, peaceful and pastoral. Pastoral.
But times have changed.
Open the door, free trade.
His eyes slowly scanned the map of the entire continent. He drew it by hand with reference to satellite images. Between the precise lines, his eyes gradually crossed the wasteland of Gondor and fell between the jungles and cities of the Silver Empire.
"If the north and south of the continent can be realized. The transportation will be fine..."
"Your Majesty? "Padrick asked curiously, not hearing clearly.
"No, it's nothing." Gawain shook his head. The thing he was considering was not something that Padrick, the business and economic director, could solve. "Let's talk about the issuance of currency. Regardless of credit currency How necessary it is, it’s not that easy to issue it.”
“Yes, Your Majesty”