Before ascending to God, be a good lord
Chapter 494 Chapter 491
From the mouth of Rudolf Schulz, the priest of the goddess of wealth and business, Rand once again heard about his family's galloping horse fund. From the records of Yeqi City, Rand knew that this fund integrated the entire financial system 300 years ago. A super fund worth 3 million gold coins was formed after collecting deposits, loans, bonds, and stocks from the government.
During these days, Ben Kaur, Alexei Zhuoqin, and Li Qi Honglong successively told him about the history of the Benma Fund, and Rand probably pieced together the money from the Ministry of Finance in the past several million years. How did the balance of the fund become a fund of 3 million yuan, and how did it become a market value of almost 0 billion gold in the case of nearly zero inflation.
First of all, after the Yeqi City Finance Department brought all the cash and bills to the imperial capital, because the Imperial Capital Finance Department was also busy with the battle against the demons and issued a large number of bonds, the Yeqi City Finance Department just took over a large sum of money. Imperial War Bonds.
At the same time, the fleeing Benma family also called up troops to restore the Benma Plain. This army had just assembled near the imperial capital, and was urgently recruited by the Imperial War Department and sent to the southern front to fight against the fallen demons.In order to collect all the funds used by them, the empire also distributed them in war bonds, and forced the cash on hand of these galloping family members to be exchanged for war bonds.
After the war finally ended, the Imperial Treasury Department and the Ministry of War found out embarrassingly that the entire battle against the fallen demons had lasted for decades. A copper coin.
However, the empire that had just returned to peace did not have enough cash to repay the war bonds. It could only gather all the bonds held by the Benma family first, and then support the survivors of the Benma family through re-guarantees and financing.
When the empire's finances improved in 760 and the bonds of that year could be converted, all the bonds were converted into the galloping horse fund, and this fund was used to continuously invest in the magic workshops of various legendary families and magister families, and purchase bonds of various kingdoms , and eventually rolled over in the value of the fund to today's scale.
"Lord Lant," Rudolf Schulz replied with a smile after hearing what Lant said, "In the past thousands of years, there has not been a single magic furnace on the entire continent, which means The number of gold coins in the world has not increased by one. Although each country has issued its own gold coins, the temples of commerce in various places are closely monitoring the total amount and circulation of currencies in the market all the time."
"The reason why your family's fund is able to have the current scale is actually to catch up with the huge opportunity for post-war reconstruction after the Fallen Demon War," Rudolf Schulz compared three fingers, "However, what I want to say Yes, the reason why your family's fund is still named Benma is because the collateral of the entire fund is actually the three magic furnaces of Yeqi City, Salt Mine, and Iron Mine.
It is because the three magic furnaces belong to the royal family of the galloping horse, so the fund belongs to the royal family of the galloping horse. Otherwise, not to mention an ordinary magister family, even a legendary family, it is impossible to sit on such a huge fund. "
Listening to the words of the high-ranking priest, Rand's heart became heavier and heavier. According to the saying that the magic furnace corresponds to the gold coin, wouldn't it mean that the original three magic furnaces on the plain were just named after a galloping horse?
"After Yeqi City was destroyed, my lord originally thought that the three magic furnaces on the Galloping Horse Plain had almost ceased to be used, and the corresponding amount of gold coins should be withdrawn." Rudolph shrugged,
Back then, the finances of the Galloping Horse royal family almost collapsed. If we really wanted to talk about money, the giant dragon, the empire, and the Orc Royal Court all had money from the Galloping Horse family, but obviously none of them wanted to pay back the money.
"But at the time when the empire's finances were facing disaster, my lord could not just sit back and watch the front line against the fallen demons collapse. So the three magic furnaces were used as collateral for the Yeqi City Finance Department, and then became the mortgage for the Galloping Horse Fund After the war, the salt and iron mines have been in use. The Church of Fortune has always hoped to take back the gold coins from the magic furnace of Yeqi City, but the Imperial Treasury Department has been dragging you to Yeqi City on the grounds of preparing for restoration. "
"Ah~" Lante nodded, probably understanding his situation. No wonder the empire has been declaring the recovery of galloping horses. "So, shouldn't my newly built magic furnace be a pledge of the fund?"
"Of course not. Every magic furnace is unique, but that's the problem. Although the current galloping horse fund has a huge scale, it's only the size of the fund. Spend 3 billion gold coins. The entire human empire can't come up with 20 billion gold coins in cash."
"But what if I keep going to the magic furnace?"
Rudolph nodded: "Yes, if you are willing to build 800 magic furnaces and use them all as a guarantee for the Galloping Horse Fund..."
Rand smiled bitterly: "Then I am afraid that the size of this fund will reach 250 trillion immediately." He does not think that there will be artificial boundaries for the aggregation effect of capital.
"No wonder my lord thinks that you must be able to understand her attitude very well," Rudolph exclaimed.
However, knowing the problem does not mean that the problem can be solved. The relationship between the Benma family and the empire, especially the Tower of Purity, is basically a thousand years of love and pitfalls. Well, Rand didn't think he could stand his ground in the face of the pressure from the Tower of Purity.
"My lord, the current prosperity of the empire is based on the financial bubble. Between the scale of the prosperous fund and its foundational collateral, which is the cornerstone of all civilizations - the magic furnace, there are too many unspeakable and self-inflated , Inexplicable foam barrier.
My Lord is doing everything in his power to let these bubbles dissipate slowly and avoid violent economic fluctuations, but some things don't happen all at once, you need to keep a clear head, and My Lord will send you an oracle when you need it. "Rudolph delivered the final epilogue.
Rand nodded. The prosperity under the bubble must have an illusory side, but a prosperous society naturally has more opportunities and a more stable society. Rand now has enough gold coins to invest in the development of the Benma Plain In the end, the bubble of the Galloping Horse Fund should be left to the legends of the imperial capital to turn the soup into the original food.
Rand returned to the reception at the Priest's house. This morning, his cognition changed a lot. He realized that there are not only financial institutions in this world, but also regulatory agencies, and the dragons on the entire Red Dragon Rock turned out to be financial institutions. part of regulation.
"These giant dragons with wings, spitting flames, and searching for gold coins everywhere are actually to complete the task of fighting world inflation. How much infamy they bear, they really...I cry to death..." Rand thought in his heart He made a sarcastic sentence for no reason, and continued to enjoy the buffet food.
During these days, Ben Kaur, Alexei Zhuoqin, and Li Qi Honglong successively told him about the history of the Benma Fund, and Rand probably pieced together the money from the Ministry of Finance in the past several million years. How did the balance of the fund become a fund of 3 million yuan, and how did it become a market value of almost 0 billion gold in the case of nearly zero inflation.
First of all, after the Yeqi City Finance Department brought all the cash and bills to the imperial capital, because the Imperial Capital Finance Department was also busy with the battle against the demons and issued a large number of bonds, the Yeqi City Finance Department just took over a large sum of money. Imperial War Bonds.
At the same time, the fleeing Benma family also called up troops to restore the Benma Plain. This army had just assembled near the imperial capital, and was urgently recruited by the Imperial War Department and sent to the southern front to fight against the fallen demons.In order to collect all the funds used by them, the empire also distributed them in war bonds, and forced the cash on hand of these galloping family members to be exchanged for war bonds.
After the war finally ended, the Imperial Treasury Department and the Ministry of War found out embarrassingly that the entire battle against the fallen demons had lasted for decades. A copper coin.
However, the empire that had just returned to peace did not have enough cash to repay the war bonds. It could only gather all the bonds held by the Benma family first, and then support the survivors of the Benma family through re-guarantees and financing.
When the empire's finances improved in 760 and the bonds of that year could be converted, all the bonds were converted into the galloping horse fund, and this fund was used to continuously invest in the magic workshops of various legendary families and magister families, and purchase bonds of various kingdoms , and eventually rolled over in the value of the fund to today's scale.
"Lord Lant," Rudolf Schulz replied with a smile after hearing what Lant said, "In the past thousands of years, there has not been a single magic furnace on the entire continent, which means The number of gold coins in the world has not increased by one. Although each country has issued its own gold coins, the temples of commerce in various places are closely monitoring the total amount and circulation of currencies in the market all the time."
"The reason why your family's fund is able to have the current scale is actually to catch up with the huge opportunity for post-war reconstruction after the Fallen Demon War," Rudolf Schulz compared three fingers, "However, what I want to say Yes, the reason why your family's fund is still named Benma is because the collateral of the entire fund is actually the three magic furnaces of Yeqi City, Salt Mine, and Iron Mine.
It is because the three magic furnaces belong to the royal family of the galloping horse, so the fund belongs to the royal family of the galloping horse. Otherwise, not to mention an ordinary magister family, even a legendary family, it is impossible to sit on such a huge fund. "
Listening to the words of the high-ranking priest, Rand's heart became heavier and heavier. According to the saying that the magic furnace corresponds to the gold coin, wouldn't it mean that the original three magic furnaces on the plain were just named after a galloping horse?
"After Yeqi City was destroyed, my lord originally thought that the three magic furnaces on the Galloping Horse Plain had almost ceased to be used, and the corresponding amount of gold coins should be withdrawn." Rudolph shrugged,
Back then, the finances of the Galloping Horse royal family almost collapsed. If we really wanted to talk about money, the giant dragon, the empire, and the Orc Royal Court all had money from the Galloping Horse family, but obviously none of them wanted to pay back the money.
"But at the time when the empire's finances were facing disaster, my lord could not just sit back and watch the front line against the fallen demons collapse. So the three magic furnaces were used as collateral for the Yeqi City Finance Department, and then became the mortgage for the Galloping Horse Fund After the war, the salt and iron mines have been in use. The Church of Fortune has always hoped to take back the gold coins from the magic furnace of Yeqi City, but the Imperial Treasury Department has been dragging you to Yeqi City on the grounds of preparing for restoration. "
"Ah~" Lante nodded, probably understanding his situation. No wonder the empire has been declaring the recovery of galloping horses. "So, shouldn't my newly built magic furnace be a pledge of the fund?"
"Of course not. Every magic furnace is unique, but that's the problem. Although the current galloping horse fund has a huge scale, it's only the size of the fund. Spend 3 billion gold coins. The entire human empire can't come up with 20 billion gold coins in cash."
"But what if I keep going to the magic furnace?"
Rudolph nodded: "Yes, if you are willing to build 800 magic furnaces and use them all as a guarantee for the Galloping Horse Fund..."
Rand smiled bitterly: "Then I am afraid that the size of this fund will reach 250 trillion immediately." He does not think that there will be artificial boundaries for the aggregation effect of capital.
"No wonder my lord thinks that you must be able to understand her attitude very well," Rudolph exclaimed.
However, knowing the problem does not mean that the problem can be solved. The relationship between the Benma family and the empire, especially the Tower of Purity, is basically a thousand years of love and pitfalls. Well, Rand didn't think he could stand his ground in the face of the pressure from the Tower of Purity.
"My lord, the current prosperity of the empire is based on the financial bubble. Between the scale of the prosperous fund and its foundational collateral, which is the cornerstone of all civilizations - the magic furnace, there are too many unspeakable and self-inflated , Inexplicable foam barrier.
My Lord is doing everything in his power to let these bubbles dissipate slowly and avoid violent economic fluctuations, but some things don't happen all at once, you need to keep a clear head, and My Lord will send you an oracle when you need it. "Rudolph delivered the final epilogue.
Rand nodded. The prosperity under the bubble must have an illusory side, but a prosperous society naturally has more opportunities and a more stable society. Rand now has enough gold coins to invest in the development of the Benma Plain In the end, the bubble of the Galloping Horse Fund should be left to the legends of the imperial capital to turn the soup into the original food.
Rand returned to the reception at the Priest's house. This morning, his cognition changed a lot. He realized that there are not only financial institutions in this world, but also regulatory agencies, and the dragons on the entire Red Dragon Rock turned out to be financial institutions. part of regulation.
"These giant dragons with wings, spitting flames, and searching for gold coins everywhere are actually to complete the task of fighting world inflation. How much infamy they bear, they really...I cry to death..." Rand thought in his heart He made a sarcastic sentence for no reason, and continued to enjoy the buffet food.
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