The Emperor’s Angel of Death

In fact, the idea of establishing a unified currency and financial system had been in Sotha's mind since the Great Vortex Expedition, because he had indeed seen the role that "military scrip" played in the expedition. Its existence made the logistics of the expeditionary force more than ten times more efficient than the crude and primitive logistics structure of the Empire. Although there were some problems in the end, the effect was undeniable.

Moreover, a unified currency and banks, and even the financial industry, are not particularly new in the Imperium. However, due to technology and communication reasons, they are mostly limited to one world or one star system. For example, the Sol system that Sotha visited has a unified currency and financial market. The Throne Gelt can even be used in the surrounding star sectors outside the Sol system, but it is not very effective further away.

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There are many benefits to a unified monetary policy. First of all, it is an excellent tool for intervening in the economy, especially when the Chapter is not easy to directly interfere in the administrative affairs of the hive cities. In addition, it is also conducive to providing financial services for industrial development, reducing the difficulty of taxation, and enhancing the competitiveness of trade. In short, this thing is necessary if you really want to develop industry.

The central bank is also the same. In addition to formulating and issuing currency, its role is also to supervise the local banks in various worlds, centrally keep the reserves of these banks, and issue loans to them, acting as the "lender of last resort." It is not a commercial institution, but an administrative and supervisory institution.

However, Sotha is certainly not very good at these things, but fortunately, he once mentioned it to Seerel, who said that she could help with this matter. With the foundation of the previous military scrip, Sotha still has great confidence in her ability, so this series of plans actually began to be formulated before returning to the Nayseth system.

Sotha looked through it, and it was roughly what Seerel had told him. The location of the central bank was chosen on the satellite of Nayseth IV. The leading body is the council, which consists of a president, a vice president, and 16 directors. It is the highest decision-making body of the central bank. The members are appointed by the Chapter. The president and vice president have a term of 5 years, and the directors have a term of 4 years, rotating off. The council will also elect several directors to go to various worlds to preside over the central bank's business.

The council has five special committees: the Administrative Committee, the Audit Committee, the Personnel Committee, the Treasury Committee, and the Printing Committee.

In addition, the core of the central bank is a super-cogitator named "Mirner." It was created by Ulan Huda through technological exchanges to obtain Zhao-Arcadia's Black Iron technology, combined with its own technology. It is a powerful giant cogitator system. Its characteristics are extremely strong computing power, and it can process huge amounts of data in real time. It will also automatically clean up internal errors and chaotic data streams, and will not have the problem of errors, crashes, and machine spirit rampages that other cogitator arrays are prone to after being used for a long time.

After learning about this thing, Sotha immediately realized that it was very suitable for processing the huge economic data of the entire star system, and immediately took it over for use.

At the same time, in order to ensure smooth communication between all worlds in the star system, it is also necessary to build 11 large signal transceiving stations. There are currently 5 in the star system, and only 6 more need to be built to ensure that quantum signals can be transmitted to every settlement and facility in the star system in a timely manner. Currently, Ulan Huda's construction team is working overtime, but these large facilities take some time.

"Do you have any ideas about the candidates for president and vice president?"

Hearing Sotha's question, Seerel thought for a moment, and then asked softly:

"Do you not have a suitable candidate in mind at the moment?"

"For the first five years, I don't think these two positions are suitable for people from this star system. Directors can be selected from representatives from various hive cities."

Seerel understood Sotha's meaning and nodded, saying:

"Then I can recommend two people. They are both very experienced financial managers and have also participated in the implementation of the military scrip plan."

She did not leave the Great Vortex alone. She brought many followers with her. After all, a new emperor has new courtiers. Some people's interests have been deeply tied to her, or they have offended certain people, and they are destined not to be reused by the new leader of the family.

Sotha nodded slightly.

"Thank you for your trouble."

After that, he looked at the design of the new currency of the Nayseth system. The Throne Gelt seen in Terra is essentially a credit currency, and its foundation is the authority of the Imperium, so it can travel unimpeded. However, in other star sectors or star regions, due to the capriciousness of the governors and the chaos of the situation, credit currencies are often difficult to work. Therefore, many worlds and star systems use physical currencies, or use some rare precious metals as general equivalents, such as palladium, which is more common in the Great Vortex area.

However, this rare metal equivalent is usually so valuable because it plays a key role in the Adeptus Mechanicus production system, and it has very strong industrial raw material attributes. Therefore, the transaction denominations are very huge, and it is only suitable for merchants to use as a general equivalent for bulk trade. Ordinary people can't use it at all. This situation often causes the economy of the underhive and the bottom hive to regress to the original barter state, and also makes the taxation of the hive cities always a mess. In order to save trouble, the governors often delegate taxation to the tax farmers, and the tax farmers completely plunder the tax-farming areas they obtain according to their own appetite, so it is no wonder that even the middle hive is in a state of continuous poverty.

Sotha must establish a monetary system that can penetrate into the civilian population in order to establish a complete taxation system.

And what Seerel and her followers designed is a theoretical credit currency, and it can be embodied in the form of small-denomination banknotes, which is convenient for civilian life and small transactions. But this is not enough, because the "Imperium" as a carrier has no credibility at all in the underhive and bottom hive. The situation of managers going back on their words and not keeping their promises is too common. The civilian population has no foundation of trust at all. Even if it is forcibly promoted among the civilian population, it is still difficult to quickly gain recognition from the civilian population.

At this time, Seerel's solution is to link this currency to one of the most common necessities. Previously, the military scrip was directly linked to food, so it gained the energy for rapid promotion. However, the rapid devaluation and run on the military scrip in the later period was also because food is a material that can be consumed in large quantities by the civilian population. Once there is a slight interruption, a terrible crisis of confidence will break out immediately - Sotha knew about the final outcome of the military scrip. The powerful people used the information gap to ruthlessly harvest a wave of civilian wealth with the military scrip that was about to withdraw from the stage. The greatest hero of this expedition became an evil policy cursed by the civilian population, but he could do nothing.

Seerel learned from the lessons of the military scrip and had newer requirements for currency anchors, which not only have a broad demand base among the civilian population, but also will not be consumed in large quantities in a short period of time, then there is only one thing—