Listening to the innkeeper's words, Richard nodded, thought for a moment and asked, "In the Emerald Kingdom, is the exchange ratio of gold and silver coins fixed?

"Yes, the exchange ratio is fixed, a standard gold coin can be exchanged for twenty silver coins, and the official does not let people change it casually, otherwise they will be imprisoned if they are caught. The innkeeper said, looking scared.

But then he glanced around quickly, and after finding that there were no eyesore, he approached Richard and said quickly: "Of course, on the black market, the price of gold coins can actually be higher, and they can be exchanged for more than thirty silver coins, and sometimes even close to forty. Because of this, many people don't like to pay with gold coins, and I don't want to accept your gold coins from guests, but I am also afraid that you will suffer. ”

As he spoke, the innkeeper's eyes lit up, and he refused to let go of the opportunity to introduce business, and said, "If you have a lot of gold coins, I will ...... A place that can be recommended to you to exchange for silver coins, guarantees safety, and guarantees a fair price. ”

"Uh. Richard nodded, not answering the innkeeper's words, but he already knew about the monetary system implemented by the Emerald Kingdom.

According to the innkeeper, what the Emerald Kingdom is implementing is clearly a gold and silver double standard.

This system is generally due to the backwardness of science and technology and the lack of gold mining, which leads to the necessity of supplementing the money market with silver. Therefore, gold and silver will be used as the production materials of the standard currency at the same time, and both gold and silver coins have unlimited legal solvency, and can be freely minted, circulated, exchanged, exported and imported.

This was the most common in the Middle Ages.

Generally speaking, under this gold and silver double standard, there are several subordinate sub-systems.

For example, the parallel standard: a commodity has both gold and silver prices, and the price of gold and silver coins fluctuates, which leads to extremely rapid changes in the price of commodities, which is not conducive to social development.

Another example is the dual standard: that is, the Emerald Kingdom is currently in force, and the exchange ratio between gold and silver coins is determined by the government through legislation or other compulsory methods, prohibiting ordinary people from changing it, which helps to stabilize commodity prices.

The dual-standard system is a more superior system than the parallel standard, but it is still inevitably backward, and a big drawback of its existence is that with the development of the phenomenon of "bad money drives out good money".

This is due to the fact that the ratio between gold and silver coins is officially enforced, is stable, and does not change for a long time. In the market, the price of gold and silver will fluctuate frequently, and the discovery of a new gold mine or silver mine will lead to the appreciation and depreciation of gold and silver.

In this case, when the actual value of gold increases, people will melt down the larger gold coins in their hands ("good coins") into gold, and then sell them for silver coins ("bad coins") to use. According to the rules of the Emerald Kingdom, one gold coin can be exchanged for 20 silver coins, but if you sell the yellow finance as gold, you can sell it for at least more than 40 silver coins. Therefore, in the introduction of the innkeeper, the black market will give a rate that 1 gold coin can be exchanged for nearly 40 silver coins.

It is illegal to exchange gold for silver, but people on the black market are obviously not afraid. After all, just as a philosopher named Marx said on the modern earth, capitalists will take risks when they have 50 percent of their profits, dare to trample on all the laws of the world when they have 100 percent of their profits, and dare to risk going to the gallows with 300 percent of their profits.

For the sake of profit, people on the black market are not afraid of going to jail, and they collect large amounts of gold coins to melt and sell to make huge profits.

This kind of thing, if Richard wanted to, could have done it, or even done it better.

On the premise of ensuring his own safety, Richard can earn a lot of wealth and even bring down the economy of the entire Emerald Kingdom.

After all, looking at the medieval-like world from the perspective of the future, especially in terms of economy, is simply fragile, like a baby. Only when the development to the gold standard can there be a certain degree of security.

However, Richard didn't want to do this, and he didn't make money in this way in the Blue Lion Kingdom. This is because, in Richard's view, it is enough to have access to goods to meet his needs, and there is really no need to focus too much energy on this.

A lot of wealth does not lead to progress, but technology and knowledge can bring progress.

It is true that earning a lot of wealth can be used to build a huge organization that can be used to help itself develop technology and expand knowledge.

However, the larger the organization, the more you want to have huge benefits, the greater the investment in the early stage and the maintenance in the later stage, and there are all kinds of instability in the middle.

In the early stage of exploring the world, the so-called organization was established, and some of the gains outweighed the losses. If you really want to build it, it's best to do it after you've achieved some results in exploring the world.

Richard thought so, and the innkeeper had already turned around and beckoned to the man, "Lester, help this guest pick a room, and send the luggage up by the way." ”

"Hey, okay. "A young freckled and brown-haired boy of twelve or thirteen years old, dressed in gray linen, came running briskly. Nodding to the shopkeeper, he understood, and went to pick up the suitcase at Pandora's feet.

Push hard, then ...... I found that I didn't mention it.

Well?!

The freckled boy was startled, and glanced at the innkeeper for some fear of being scolded, and when he found that he had not been noticed, he immediately tried to bring it up again with all his strength.

"Ahh

The freckled boy's voice rang out deep in his throat, his face flushed, and he barely lifted his suitcase off the ground.

At this moment, the freckled boy was about to cry: this ...... Why is this suitcase so heavy?

What he didn't know was that Richard didn't choose to put everything in the Iron Ring after getting it, and even took some of the things out of the Iron Ring and put them in his suitcase.

Because Richard was not prepared to treat the Iron Ring as a pure spatial prop, he was ready to use it to realize the other three functions he had developed - "Absolute Defense of Spatial Transfer", "Absolute Cutting of Spatial Scissors", and "Absolute Processing of Spatial Precision".

In addition, just carrying an empty suitcase, or not carrying a suitcase, but constantly taking out a lot of things, it is easy to wonder - it is better to not expose the space props, or not to be exposed.

Finally, a heavy suitcase, on the premise of Pandora, is actually not a burden.

For these reasons, the suitcase that Richard was carrying was heavy and will be heavy afterward.

The freckled boy didn't know this, so he was deeply shocked.

When the strength of his whole body was exhausted, he reluctantly put the suitcase back on the ground, feeling a little embarrassed, and he didn't dare to look at the innkeeper, nor Richard and Pandora.

Pandora, on the other hand, glanced at the boy strangely, lifted the suitcase gently, and walked to the side.

The young man's eyes widened, and he hurriedly ran to the front to lead the way.

Richard thought of something again, turned his head to the innkeeper and handed out a silver coin and a letter: "There is something, please ask me to help someone to deliver a letter, it is in the city of Aijin, and the address is written on the envelope." Just send it over, and silver coins are a reward. ”

"Okay, guest, no problem with this. The innkeeper glanced at the address on the envelope, and saw that it was not a special place, and there was no danger, so he immediately agreed.

Richard nodded, turned around and followed the guy, and walked towards the second floor, ready to pick a room.