Chapter 943: The Wave of Reform

Why is it said that it is a salary draw from the bottom of the kettle?

Originally, gold coins were used as currency, and after they came out of the Eyrus Mint, they circulated directly between the Star Diamond Bank and consumers, and due to the nature of the gold coins, the participation of the Eirus Mint was completely unnecessary. Pen? Interesting? Pavilion wWw. biquge。 ο½‰ο½Žfo

Dragons like gold, goblins like wealth, so that the two sides can reach a consensus on cooperation on gold coins, but if gold loses its monetary attributes, then the premise of cooperation between goblins and dragons will disappear!

On the other hand, after switching to banknotes, consumers will inevitably face the situation of currency breakage and depreciation, and in this case, they can only go to the Central Bank of Plandal to exchange it.

In addition, the Central Bank of Plandal has obtained high-level authority to regulate and issue money, which is equivalent to inserting a governing body between Star Bank and consumers.

In this case, the Star Diamond Bank cannot be too casual in its savings policy, and must look at the face of the Central Bank of Plandal......

What's worse is that all the gold coins in their vault have to be replaced with new paper notes, which is not so simple, and the door inside is too big......

Will the dragon be willing to take out the gold coins that have been taken away and exchange them for pieces of paper?

Garion was in an unusually bad mood, and secretly glanced at Sasha Glot, and then said, "Your Excellency Donn, I feel that this is probably a little inappropriate, right?" What if people don't want to exchange for paper money? Is it possible that you can still force them to fail? ”

"Of course I won't force it."

Tang En took a sip of tea to moisten his throat, and without waiting for Garion to breathe a sigh of relief, he said lightly: "However, there is an exchange period we give, and if we don't exchange it beyond this period, we will cancel the monetary status of gold coins and treat them completely as ordinary metal materials, that is, if you don't exchange them as soon as possible, the value of gold coins will depreciate in the future." ”

Normally, as one of the rare metals, the value of gold will fall instead of rising after losing its currency status, because of its wide range of industrial uses.

But in Plandal, this route does not work.

Gold is too soft to craft armor.

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

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

There are also no complex microelectronics that require the properties of gold.

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

The market value it represents will fall dramatically.

Don shrugged and continued, "At the same time, it also means that if the gold coins in your current vault are not exchanged or circulated, it will not matter at all, you can play however you want. ”

Even if the dragon wanted to collect a large amount, the reduction in gold would not affect the currency circulating in the market.

All in all, Donn's attitude has made it very clear that he is determined to abolish the gold standard, to abolish gold's monetary status - after all, this thing is going to be used as a raw material for Olija steel, and if the price is still so high, the cost is quite difficult to control.

Garion took a deep breath and said in a deep voice: "Your Excellency Donn, you are too confident, the value of gold coins is widely known, and it is not something that you can cancel if you want to cancel its legal tender status, the Kingdom of Solante, the Kingdom of Grace, the Kingdom of Ronitant, the Empire of Rennes, and even those principalities are still using gold coins, you can't force everyone to do what you want." ”

Don looked at him meaningfully and said, "That's what I need to worry about, isn't it?" ”

He has been working hard to promote the influence of the Datang Chamber of Commerce, for what?

Leading technology!

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

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

Counting on the policy of relying on the royal family of Illus? Hehe......

From the moment of the implementation of the currency reform policy, gold coins will only enter and exit from the Datang Chamber of Commerce, and all the currencies flowing out of the Datang Chamber of Commerce will be replaced by paper money, not only that, but then the Datang Chamber of Commerce will pay salaries and bonuses and the like will also be completely replaced by paper money, and Ellington will take the lead in realizing full paper money.

At the same time, the salaries of civil servants in the Ilrus Empire will all be replaced by paper money, and it will not be long before the gold coins circulating throughout the Ilrus Empire will be completely recovered and smelted, extracted into gold nuggets and stored, waiting to be synthesized into Oreha steel.

In addition, now that the Tang Chamber of Commerce has laid out the Rennes Empire and the Ronitant Kingdom, its influence is gradually expanding, and the two countries will soon have a mixed circulation of paper money and gold coins, and when merchants realize that it is more convenient and faster to carry paper money to trade than gold coins, the influence of paper money will be further expanded.

At that time, even if the Star Diamond Bank was unwilling to accept paper money, there was nothing they could do - unless they were willing to give up the savings market, they could only watch as the gold coins in their vaults were withdrawn little by little, and eventually faced bankruptcy.

At that time, it will be a big deal for Tang En to open another Datang Commercial Bank to provide online savings services, and the market for receiving Xingzuan Bank in its entirety is not beautiful?

Tang En said earnestly: "The times are progressing, society is reforming, and if you don't keep up with the pace of the times, you will only be eliminated." ”

"It's useless to talk so much."

Garion had no choice but to pin his last hope on Sasha Groth: "Your Excellency the Dragon King will not agree to the currency reform plan!" ”

"I agree."

"Look, I just said-wait!? His Majesty the Dragon King!? What do you say? You agree!? ”

The unexpected reply left Garion completely dumbfounded.

"Yes, I said I agree."

Sasha Glot waved his hand and said, "We'll talk to Riviz about this matter, so you don't have to say anything." ”

If Garian is struck by lightning, what is wrong with the world?

Even the dragon, who loves the existence of gold coins so much, can accept such a ridiculous reform plan!?

"Without further ado, let's go to Riviz now."

Donn stood up, Sashaglot nodded, and the two of them left using teleportation.

The confused Garion didn't know how he left the Lord's Mansion, he only knew that he was probably getting farther and farther away from the golden gold......

"Rare guest!"

When he saw Rivitz, he was riding his tricycle around the garden, and when he saw Sasha Glot looking at his tricycle curiously, Riviz grinned and said with a flattering face: "Your Majesty the Dragon King, do you want to try it?" ”

"Forget it, it's not for me."

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

Reviz looked at Don curiously: "Your Excellency Donne, now that Alinks is busy, how could you remember to come to me and sit down?" ”

"Of course, I have something serious to talk to you about."

Donn smiled and told Rivez about the currency reform.

As he expected, Rivez panicked when he heard that Donn had reorganized the Central Bank of Brandal, where the coinage of Illus had been minted, but he did not speak immediately, but listened to all the words.

He was relieved to learn that the Central Bank of Plandal did not provide savings and loans, but then his heart was lifted again.

"The status of paper money as a substitute for gold coins? It's just, it's just whimsical! ”

Riviz said with a look of disbelief: "How can a mere piece of paper be compared to the value of a gold coin?" ”

Tang En groaned slightly, and said: "Your Excellency Revitz, if I want to buy your things, but I don't have any cash on me, then I will write an IOU to you, take the things away first, and then I will give you the money in a few days, can you accept this transaction method?" ”

"Of course, you're not short of that moneyβ€”"

Tang En smiled: "Since IOUs can represent a certain monetary value, why can't paper money?" ”

Riviz was stunned, not knowing how to answer him.

"We came to you, just to communicate with you, as soon as possible to open the banknote storage business of Star Diamond Bank, you can directly exchange currency with the Central Bank of Plandal, customers to replace gold, silver and copper coins with the same amount of banknotes when withdrawing, to help us promote the circulation of banknotes as soon as possible."

Seeing what Riviz wanted to say, Don waved his hand and continued: "You can not accept this condition and continue to insist on trading with gold coins, but if a customer comes to you with paper money to deposit and you do not accept it, this market will inevitably give rise to another bank that provides this service, and you can only watch your customers fall into the arms of other banks." ”

"Shhhh

Riviz took a breath of cold air and subconsciously looked at Sasha Groth: "Your Majesty the Dragon King-"

"I've already expressed my support for Donn's monetary reform plan."

Sasha Grot raised his chin: "You talk, don't worry about me." ”

Sasha Glot came over just to make a statement, and it was up to Donn and Riviz to talk about it.

"Your Excellency Donn, this news came too hastily, and it is impossible for me to give an answer immediately."

Reviz decided to put it off and consider the risks and opportunities.

"Of course, it's your right."

Don made a "please" gesture and said with a smile: "But I will not slow down the pace of implementing currency reform, I promise that it will not take more than a month for the entire Ilus Empire to complete the currency conversion, and even a new version of the banknote will appear here in Nanira, they will probably start to face the situation of not being able to save money, I think at that time, you will make the right choice." ”

Riviz was anxious: "You are forcing the palace!" ”

"Nope."

Tang En pulled his collar for a long time and said, "I'm just kindly reminding you that the pace of reform has already gone out, whether to catch up with it or stay put, it's all in your thoughts." ”