Chapter 942: Angry Garion

The sudden appearance of a new version of the currency on the market caused an uproar. Pen | fun | pavilion www. biquge。 ο½‰ο½Žο½†ο½

After all, they had never heard of such a thing before, and such a sudden attack caught everyone off guard.

The monetary reform affected almost the rhythm of the festival, and all of a sudden everyone was talking about the new currency.

Those who understand naturally understand why new currencies are issued, while those who don't understand why gold, silver, and copper coins are used so well that they have been used for tens of thousands of years, and why they are suddenly replaced with a kind of paper money.

Passerby A was confused: "What are you looking for me?" Money made of paper? Does this thing really work!? ”

Teller B smiled: "Of course it can be used, this is a newly issued currency, and now we have been notified that we are all required to use paper money for settlement change with our guests, and any store in our Datang Chamber of Commerce accepts paper money transactions." ”

Passerby A was furious: "What a joke! Why should I exchange my gold coins for a piece of paper!? I asked for gold! ”

The teller said, "Why don't you want to exchange heavy gold coins for light and equivalent notes?" From the point of view of carrying, it is undoubtedly easier to carry banknotes. ”

Passerby A stiffened his neck: "Gold coins are gold, and gold can be used to buy things!" ”

Teller B is very patient: "Paper money is equivalent to gold coins, and you can buy things as well." ”

Passerby A began to sprinkle: "I don't listen, I don't listen!" I just love gold! It has a texture in the hand, and it is golden under the sun! ”

Teller B smiled and sacrificed a big killer: "Now if you shop with paper money at the Datang Chamber of Commerce, you can enjoy a 20% discount, and the royal family has also issued a notice that you can enjoy half of the tax exemption policy by using paper money to pay taxesβ€”β€”"

Passerby A immediately looked righteous and awe-inspiring: "The policy of the royal family must be supported - who is that, do you think I can convert all these gold coins into paper money?" ”

Teller B: "......"

In order to cooperate with the activities of the glorious festival, as well as the need to promote the new currency, Tang En waved his hand, and all the products of the Datang Chamber of Commerce were discounted, and the new version of the banknote purchase was all discounted by 20%.

The above situation happened almost at the same time at the counter of every Datang Chamber of Commerce in every city, not only the Datang Chamber of Commerce, when the owners of other chambers of commerce and shops learned that they could enjoy the tax reduction policy when they used paper money to pay taxes, they all went crazy one by one, and flocked to the Illus Mint...... Oh no, it should be called the Central Bank of Plandal, which resists large bags of gold coins, and there are also those who hold the crystal card of the Star Diamond Bank and ask to exchange their gold coins for new paper money.

Don't think that the tax reduction is too little, the tax burden of 100 gold coins should be paid, and the reduction of half achievement can reduce the payment of 5 gold coins, which means that the profit has increased by half percent, can those businessmen not be excited.

They are eager to raise their hands and feet to welcome this policy more and more violently.

But in the face of this situation, some people are anxious.

As Don expected, as soon as the news of the transformation of the Ilrus Mint into the Central Bank of Plandal spread, Garion immediately became anxious, and rushed to Donn with red eyes to question him what was going on.

"My friend! When we first cooperated, we made it clear that you don't get involved in the banking and financial industry! (See Chapter 450)"

Garion shouted angrily: "This is not only what you and the great boss agreed, but also the meaning of the dragon clan, why did you go back on your word?!" ”

"Calm down, calm down, I just happened to go to your boss, since I'm here, I'll tell you first."

Don pressed his hands, smiled and motioned for Garion to sit down and take a breath, and then he said: "First of all, this bank is not another bank, the Central Bank of Plandal is not your Star Diamond Bank, we do not provide savings services. ”

Garion was stunned: "What do you mean?" ”

"Literally."

Tang En said with a smile: "Star Diamond Bank is a commercial bank that provides storage, transfer, consumption, and loans to citizens, while the Central Bank of Plandal is a bank responsible for issuing and managing currency, and we only supervise currency and do not participate in the savings business. ”

"I see......"

Garion breathed a sigh of relief, as long as he didn't get involved in the financial savings industry, it was easy to say.

But......

Garian's instincts told him that the central bank of Plandal existed for much more than just issuing a new currency.

In fact, it's certainly not that simple.

Prandal's current financial savings industry can be said to be completely monopolized by the Star Diamond Bank, and even if others want to get involved, they can't do it, they don't have that condition, and they don't have that strength.

However, if all the currency is handed over to a commercial bank, it is obviously a very, very dangerous thing - not that they are afraid of any dissenting intentions of the goblins, but that they and the greedy nature of the dragon determine that most of these gold coins are only in and out, and more and more gold coins are looted by them, and less and less are circulated in the market, which leads to the illusion of deflation mentioned earlier.

Now, Donn has reorganized the Ilrus Mint as the Central Bank of Purdal, and a central bank has been directly determined, which is the unit responsible for issuing the entire legal tender of Brandal, and the Star Diamond Bank must also be subject to the policy of the Central Bank of Purlandal.

The new version of the currency is temporarily linked to the gold coin, and when the new version of the currency is fully popularized in the future, it will be further completely disconnected from the gold coin and become an ordinary credit currency.

At that time, the goblins and dragons who were obsessed with collecting gold coins would find that all the gold coins in their vaults had been replaced by paper money, and gold had returned to its status as an industrial raw material.

Another benefit of the monetary reform is to indirectly undermine the leading position of the Star Diamond Bank in the financial industry by setting up a higher administrative unit, pulling them down from the altar and allowing them to run their savings business honestly, preventing them from continuing to influence the circulation of money in Plandal.

"That's not right!"

After drinking a cup of tea, Garion suddenly came to his senses and jumped up: "If the new version of the currency you issued becomes legal tender, then won't the gold coins in our vault be exchanged for new paper money!?" And what about our gold coins!? ”

"Rest easy."

Don pressed his hands together and continued to soothe Garian's emotions: "Isn't it a matter of course that a new currency appears to replace the old one? That's what I'm going to talk to your boss about next. ”

"How could we possibly agree to exchange gold coins for a pile of paper!"

Garion's emotions were quite excited: "Gold coins are gold! ”

"But who determines the value of gold?"

Tang En spread his hands: "It's the market." If the new version of the currency we issue is accepted by the citizens in the market, then the new currency will have the same value as gold. ”

"That's different, the new currency itself is just a piece of paper!"

"What money needs is what it represents, not the value of the currency itself."

Don said with a smile, "And don't you think you need less space to store your currency?" You can store more paper money in your vault, and besides, light money is easier to trade, which I think is a good thing. ”

Harmless? That's for you!

We're going to trade gold for paper!

Garion still can't reverse the stereotype, in his mind, coins should be equated with gold, golden gold itself is very valuable, exchange heavy golden gold coins for a piece of paper?

I always feel very uncomfortable!

"You can't make up your mind about this matter, I'd better talk to your boss directly."

Tang En pointed to the door with a smile and said, "It just so happens that your big boss is also here, and he will come over soon." ”

After a few moments, Garion knew who Donn was talking about as the big boss.

Seeing the figure walking in, Garion took a breath of cold air, jumped up in an instant, and leaned up with a smile on his face: "You, why are you here?" Your Majesty the Dragon King! ”

"You are?"

"The contemptible is Rivitz's deputy, currently in charge of everything at the Ellington branch of the Star Diamond Bank, and my partner is Eldraine Kamanda."

"Oh, it's Eldraine's partner."

Sasha Grot suddenly realized and nodded: "Hello, I have been on vacation in Ellington for the past few days. ”

Vacationing in Ellington?

Dragon King?

Garion looked confused.

"My friend, I heard you have something to discuss with me?"

Sasha Glot sat down across from Donn.

"Yes, about currency reform, the issuance of new money."

Don directly had a showdown with Sasha Grot, he knew very well who the Star Diamond Bank could really do, don't look at Revitz's fame, but it's a pity that the Star Diamond Bank did it, in the end, it was the dragon clan who said, and the dragon clan was of course led by Sasha Grote.

"What's the point of your human affairs telling me?"

Sasha Grot didn't understand a little, and they didn't use human currency, so it didn't matter at all.

Garion was anxious: "Your Majesty the Dragon King, this matter is very important! The new version of the currency they issue is made of paper! Not gold! ”

"Oh, paper?"

Sasha Glot was a little interested: "What do you mean?" ”

So Donn told Sasha Glot about the details of the new currency, and then said: "Based on the current monetary situation of Plandal, I think it is necessary to issue a new currency, so we will act." ”

Sashaglot nodded, "It makes sense to hear you say that. ”

Garion was in a hurry: "Your Majesty the Dragon King! He's going to exchange paper for gold from our hands! ”

"You misunderstood, Lord Garion."

Don En waved his hand: "How much banknotes will be circulating in the market at the moment, and it is completely tied to how many gold coins people have exchanged, do you know what this means?" ”

Garion didn't understand at first, but when he thought about it, he understood the meaning of Donn's words.

This is especially going to be a salary from the bottom of the kettle!