Before ascending to God, be a good lord

Chapter 908: 905 Magic Furnace Coupon and Galloping Horse Khanate

When Fiat and others left, Rant soon met his real opponent: Frank Douglas, the familiar secretary of the Imperial Capital Department of Finance and the legendary lawyer Frank Douglas. He brought a group of magisters from the Department of Finance to visit Rant. He said somewhat rudely:
"Duke Lant, His Majesty the God-Emperor will determine the status of your territory in his speech at the end of the month. There is no doubt that only if your attitude is highly consistent with the empire can the territory be more independent."

Regarding Legend's words, Lant asked with some doubt: "Sir Frank? If all the policies in my territory are consistent with the empire, then why don't I directly merge the territory into the empire?"

Legend did not expect that his first words would be criticized, so he quickly explained: "Well... I mean you should stand at the level of the empire as a whole and deeply understand His Majesty's requirements from a magical and philosophical perspective. For example, the empire and the royal family have Hungry for funds.”

Regarding such a blatant statement, Lant asked angrily: "Is this the reason why you are using my name to issue magic furnace coupons?"

"Sir!" Legend said quickly: "Magic furnace coupons are imperative. In the future, the empire's demand for magic furnaces will only increase. A new magic furnace will bring millions of new currencies. Hundreds of magic furnaces will The gold coins that the furnace can bring will exceed the total number of existing gold coins in the empire. Can you accept that each family and institution makes its own gold coins?"

Frank said he was for the empire, but in fact he couldn't stand his ground. Lant said with a smile:
"Sir Frank, to be honest, I am not an expert in the field of economics or finance, but I have specifically consulted His Majesty the Goddess of Wealth on the issue of magic furnaces and currencies."

According to the practice of the Goblin Empire tens of thousands of years ago, after a new magic furnace is installed, even in a forest or desert, that is, without high-level use of magic, the production of magic products to create new value can only increase year by year. , it takes about several decades for accumulated wealth to reach a relatively flat saturation state.

Once in areas where magic is relatively poor, such as in large cities and areas with high density of magic furnaces, new magic furnaces can more effectively adjust magic rather than create new value. This is why even though the Imperial Capital has installed dozens of new magic furnaces, But the only ones that can really be used as the basis for currency issuance are those in the Magic Furnace Hall of the Salt and Iron Division, because only those magic furnaces have developed the magic power in the underground magma of the Furnace Hall and created new value.

To put it simply, the currency demand created by the magic furnace is not established out of thin air, but is generated during the conversion of magic form. Because the magic stored in the earth veins is "transported" to the ground, gold coins that are the embodiment of magic circulation are needed. .

Magic furnace coupons sound similar to a loan. You use tomorrow's currency to invest in today's magic furnace. However, if you have the money to buy magic furnace coupons from the Department of Finance, after you install the magic furnace at your home, there will be no veins in the ground to mine, and you will not be able to generate electricity. New demand for money.

In places where there are leylines, such as the Galloping Horse Plains, Hindu Ker or the Southeast Kingdom, there are usually no gold coins to buy magic furnace tickets. If they want to install the magic furnace, they can only borrow money from the families in the imperial capital and cede a large amount of future profits. Leave it to the extended family and the Department of Finance.

Seeing Frank's face getting more and more ugly, Lant could only say: "The more magic furnaces are built and the denser they are installed, the stronger the adjustment effect of magic power, the weaker the creative ability, and the greater the new demand for money. few.

Therefore, the currency required for each new magic furnace needs to be tracked for decades to be calculated clearly. Existing magic furnaces do not need to rush to mint new coins, and future magic furnaces should also be cautious. What do you think? "

"Ah..." Frank opened and closed his mouth. He felt that the above words should obviously not come out of a barbarian's mouth, but now that they had been said, he could not refute. He could only look to the side frequently, thinking Let your subordinates stand up and say a few words for you.

"Duke, I think Sir Frank's point just now is that we all hope that you will gain greater autonomy," Gordon Campbell quickly came up and said, "But your majesties will never allow their assistant financial officer to have It is a completely independent kingdom, so we suggest that you hand over some of the cost aspects of the magic furnace—which of course does not involve any decision-making power about the magic network and magic furnace—to the Imperial Yuji for execution."

"Yes, Duke, that's what I mean!" Frank finally figured it out and said quickly: "The Department of Finance does not want to interfere with your responsibility to Her Majesty Willy as the caster of the magic furnace, but a brand new magic furnace or more Either way, new currency demand will definitely be created. If the Yeqicheng Finance Department is responsible for the issuance of these new coins, then the empire will never be able to allow your territory to maintain its independent status." Letting the imperial agency conduct currency issuance is of course the Rand idea. , so he nodded: "Of course, in fact I have already suggested to His Majesty to establish a special agency to handle these matters,"

"You? To Your Majesty..."

Lant continued: "Yes, I suggest that the royal family establish a special fund for magic furnaces, and raise funds from the Temple of Wealth specifically for the casting and installation of magic furnaces. All new magic furnaces will support magic workshops and breeding farms in the next 30 years. The value created by production sectors such as factories and plantations will also be purchased by the fund, so that all newly issued gold coins will be matched by absolute magic products, and there will be no risk of over-issuance or deflation.

In order to balance the currency stability between the Galloping Horse Plains and the empire, tokens will be temporarily used to settle internal circulation within the Galloping Horse Plains, and gold coins will be used to settle imported and exported products. "

"This is so..." Frank wanted to describe it as whimsical. He never thought that the royal family would bypass the Finance Department and directly blend with the Temple of Wealth. Once the royal family can independently issue currency, wouldn't the Finance Department even have no meaning in existence? Already?
"Sir, I have to say, once your idea is made public, I'm afraid no one will agree to the restoration of the Galloping Horse Kingdom!" Frank's words contained a bit of complaint and threat.

"Who said I was going to establish the Galloping Horse Kingdom?" Lant stared at Frank and asked with a smile, "Right now, there are not even 2 people in the Galloping Horse Plain, which is much worse than a duchy."

"Could it be..." Legend didn't believe that Lant would let his plain become a dominion.

Lant continued: "I have reported to His Majesty that the name of the Steppe Khanate on the Benma Plain will be restored and renamed the Benma Khanate!"

"what?"

"Now there are about 10 members of the Galloping Horse family who have returned from Hindukel on the plains. There are about 10 barbarians on the original grassland. There are also less than 2 orcs and half-orcs left on the grassland. There are about 5 people, including the Benma River Porpoise Tribe and the Luoyue Lake Neihai Beast Tribe, all of whom will become subjects of the Benma Khanate.

The Benma Khanate honors the god of the barbarians, His Majesty the God-Emperor, and worships March, the goddess of life, the goddess of wealth, the goddess of fertility, and the god of the sky. The capital will be established in the city north of Yeqi City. "

"My lord... your lord, you... cannot..." No one in the Finance Department expected that someone would really call themselves a barbarian.

However, there was no trace of joking in Lant's eyes: "By the way, the Galloping Horse Khanate is currently bartering and has no plans to issue gold coins. All relevant applications have been submitted to the Emperor and His Majesty the God-Emperor."


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