Zahar was stunned for a moment, then he realized Roland's true intentions, and hurriedly straightened his chest and solemnly stated: "Of course, no more coins will be minted, in addition, I also want to suggest that the central bank withdraw the right to mint coins, from now on, no private banker is allowed to mint coins, this power must be monopolized by the central bank, otherwise it will not be able to really prevent counterfeit and shoddy currency from entering circulation, and once bad money enters the market, any sane person will choose to use bad money and keep official gold coins with higher gold content, Even the official gold coins are privately melted and reminted into inferior coins with lower gold content to make huge profits, which will seriously damage the country's economic operation and must be severely cracked down! ”

"Mr. Zahar, your insights are very insightful, and in fact that is exactly what I am worried about." Roland blew the white mist rising from his teacup and continued: "On the 21st of this month, in the name of the Governor of the Central Bank, I will invite the nation's commercial bankers to a meeting at 23 Strasbourg Financial Street, when I will announce to the bankers the policy of prohibiting private coinage. ”

"I understand, after I go back, I will convey your attitude to my colleagues in the circle, I believe that no one who understands things will resist this policy, of course, I do not rule out that those who are too selfish will find it difficult to accept it for a while." Zahar hinted.

"It is best to understand, and those who don't understand must also understand, there can only be one person in the Far Eastern financial community who has the final say, that is, I, Roland Kolas, if you are not convinced, you are welcome to fight." Roland's smile had a hint of coldness in it, "That's what I want to say, please tell those banker friends as it is, don't be unprepared." ”

Zahar wiped a cold sweat, and his head was like a chicken pecking rice.

Roland took a sip of tea to moisten his throat, and then asked him: "Where is the gold coin of the 'Far Eastern First National Bank' custom-made, the craftsmanship is very good." ”

Zahar smiled awkwardly and whispered, "I asked the factory of the Minister of Industry, Mr. Zinovi, who has a nephew named Isaac Trifonovich, an engineer and manager in the forging workshop of the steel plant, who is very talented in forging coins, and even imitates the pattern on the edge of the Imperial Golden Duga." ”

Roland nodded, "It's indeed a talent, you take the time to say hello to Mr. Zinovi, just say that the central bank is going to set up a national mint, there is a shortage of management talents, if his nephew is interested in changing to a higher paying job, he can come to me and apply for the position of mint manager." ”

Zahar breathed a sigh of relief and said with a smile: "That kid Isaac will definitely be so excited that he will cry when he hears the news, since he began to make those counterfeit coins with serious gold content, his conscience has been tormented, lest one day the matter will be exposed and he will be put in a prison cell, and now he can finally get rid of this heart disease." ”

When Roland heard him say this, he had some good impressions of Mr. Isaac, the counterfeit smith. However, it is still the same sentence, the act of minting counterfeit and shoddy coins with insufficient gold content is really not on the table, and the real masters disdain it, and they can completely manipulate the money supply by legal means to make profits, and this is precisely the main reason why he insists on prohibiting private minting of coins - the real horror is not those small characters who mint inferior gold coins that are short of pounds and pounds, but the ruthless characters who have the ability to mint real gold and hard currency!

"Private minting" is a long-standing tradition in the world of Vares, and nothing new on the planet. As far as Roland's memory is concerned, the most impressive is the passage of the Free Mint Act in 1666 by the British cabinet, which formally abolished the "king's monopoly on the issuance of money" and stipulated that anyone should have the right to take gold ingots to the mint and demand that legal gold coins be minted for free. This bill fundamentally benefited the interests of the ingot bankers and commercial capitalists, who would have de facto control over the money supply. With a large amount of physical gold chips in their hands, they will be able to determine the money supply according to their interests. When they are creditors, they reduce the coinage of money, create a deflationary effect, and increase the gold content of their claims; When they are debtors, they increase the money supply and write off their debts with inflation. This is the first time in the history of human money that the right to issue money belonging to the government has been formally transferred to private individuals in the form of legislation, which has opened the door for bankers to control the distribution of wealth by controlling the money supply of a country or even the whole world.

As the president of the central bank of the kingdom of Kolas, Roland does not want to hear a madman shouting to him one day, "As long as I control the currency issuance of this country, I don't care who makes the law", so he wants to make a law now to deprive the "private coinage" and cut off the "inflation-deflation" that those who are unkind to the rich who try to create cyclical "inflation-deflation" by controlling the circulation of money...... inflation-deflation", the evil idea of plundering the wealth of the masses.

……

After the meeting between Roland and Chancellor of the Exchequer Zahar, the next morning, the newspaper published the headline: On the 21st of this month, the Central Bank will hold a national financial conference at 23 Colasburg Financial Street, and the governor of the central bank, Roland Kolas, urged bankers from all over the country to be on time.

When the news spread, it immediately caused a storm in the financial circles of the Far East, and all kinds of sensational gossip emerged one after another.

On November 21, the terrifying boot finally fell to the ground. At 9 o'clock in the morning, more than 200 bankers from all over the country arrived at the venue on time, and Roland attended the meeting in the name of the governor of the Central Bank of the Kingdom of Kolas and delivered a welcome speech.

Roland first confirmed a long-rumored policy at the meeting - from now on, all commercial banks across the country are not allowed to mint gold, silver and copper coins privately, and the coinage power of the Kingdom of Kolas belongs to and only belongs to the central bank, completely ending the current vicious competition in the circulation field of various coinage, bad money driving out good money and causing inflation chaos. In addition, Roland also proposed that the central bank would restrict private banks from issuing loans in the form of bank bills, requiring bank bills to be guaranteed by reciprocal gold and silver reserves.

Most of the participants were not surprised to hear the news from Zahar that they had anticipated the abolition of the "private seigniorage", but Roland's announcement that the central bank would strengthen supervision over the "bank bills" issued by commercial banks caused an uproar in the venue, and there were not a few opposition parties who openly jumped up and said that they could not accept it.

Why do these bankers oppose the central bank's regulation of commercial banks issuing bank bills? It was because Roland not only wanted to deprive them of the secret weapon they relied on for profiteering, but also exposed their magic trick of "turning paper into gold" - to be precise, a deception - at the meeting.