Transcendent Noble

Will the ancient and sacred Sol Covenant collapse?

The shocking views are unacceptable for a while, and even Sylvia has a serious expression. Victor said indifferently: "My inference comes from the actual situation of Randal. Everyone knows that with the development of new agriculture and animal husbandry, Randal's products have increased, and the construction of public transportation has brought market prosperity. However, Currency shortage has become a key factor hindering trade. On the weekly rest days, hired workers go to the market to buy daily necessities with a large amount of copper sols after paying a service in Flatlake Town church. However, because the shops cannot find change, they take It’s a way of bundling sales, but the hired workers don’t want so many products. They would rather not buy it, so that the phenomenon of hired workers teaming up to purchase.” He shook the head said: “But it’s very inconvenient. Many transactions are aborted like this. And it led to the shrinking of Randal’s transaction tax."

"So you are planning to mint a new Copper Coin, and you have the Pope’s permission?" Sylvia asked.

"en." Victor nodded continued: "In fact, this problem of currency shortages is widespread. According to my statistics, the transaction prices of commodities in the Wild Willow City market have dropped... with lard As an example, the total amount of lard sold to Wild Willow City this year has increased by 7% compared to last year, and the price has dropped by 11%. The prices of goods from other families are also falling... Strangely, the price of the products in Wild Willow City Commodity transaction volume has increased by 70% year-on-year...The market transaction is quite hot."

Victor then added: "Golden Water City is the largest distribution center in Centaur Hills, and the situation there is probably the same."

The fat duke nodded heavily and sighed: "The volume of goods in Golden Water City has doubled, and the price of goods has dropped by 15% on average... I have repeatedly asked the lord below not to raise so many pigs. , But they asked me, there are so many pennisetum plants on the terraces, what do you raise without raising pigs? In fact, no matter what the lords raise or grow, the price of the goods will fall... Rotten in the warehouse. The major caravans are desperately sweeping goods in the Golden Water City market... Fortunately, the overall wealth of the family has grown at a much faster rate than in previous years."

Victor said with a smile: "The Wellington family , The Joshua family, the Solim family, and the Chebman family. While selling goods in Wild Willow City, they also purchase a lot of goods. Although their sales profits have declined, Wild Willow City does not charge transit taxes and the goods are sold. Large quantity, fast capital turnover, and cheap materials can be purchased. The advantages outweigh the disadvantages. However, the most serious thing to scan in Wild Willow City is the Clover Business Group!"

" I thought that Clover Business Group was Sophia's subordinate. Until recently, I learned that Clover is under the name of Wimbledon Chamber of Commerce. Most of the management and deacon of Business Group come from the Queen’s home-Tyrell Family. Clover Business Group can be said to be the queen’s caravan.” Victor said: “The shipment of Clover Business Group in Wild Willow City is very small, mainly some luxury goods, but its procurement volume is very surprising. Interestingly, Clover Business Group initially adopted Silver Sol for transaction settlement, and this year they started Use Kingsor. "

"I sent someone to investigate the direction of the four-leaf clover caravan. There are indications that their convoy was full of cargo and stopped briefly in the Wellington family’s Vestok City. Without unloading the cargo on the way, they drove directly into Blinol City. "

Hearing this, Sylvia gave Enbis a flat look. Clover Business Group is also the largest buyer of Golden Water City.

Duke York picked up the napkin and wiped it Wiping the sweat on his forehead, he explained: "We have an agreement with the Wimbledon Chamber of Commerce, and the Clover Business Group has no obstacles. Besides, they still hold the iron material that Sophia transported to Centaur Hills in their hands. I can't stop them from purchasing large quantities of goods in Golden Water City. "

Katerina frowned and asked: "Enbis, you know that gold coin has no practical value, why did you specify Clover Business Group for settlement with gold? What if we have money but can't buy supplies? It is better to ask Clover to sell rare materials such as medicine ingredient and fine gold to Centaur Hills, otherwise it will limit their purchases in Golden Water City. "

"How can it be so simple..." Duke York shook his head and smiled bitterly. He and the two Guardians of the family can't talk about the profound mystery of trade at all.

"It's the right thing to store gold coins. ! Victor patted the table and exclaimed.

Duke York said with a laugh: "Victor still understands my plan. But..." Immediately, he frowned and said: "I am really worried that those gold coins will be smashed in my hands..."

"No! "Victor smiled and shook the head.

Sylvia's expression was a little slow, and he squinted at Victor, humming: "If Kite Castle secretly casts the gold coin, why wouldn't the gold coin we store be smashed in my hand? inside? You explain it clearly to me. "

"Yes, I am also worried about this problem now. Raven Town alone is not enough. "Duke York looked at Victor with expectant eyes.

"Let me answer your questions one by one. Victor pondered for a moment, and then said, "For example, a Kingsall can purchase 40 sheepskins, but now a Kingsall can purchase 55 sheepskins. That is because there are more sheep and the total amount of gold coins on the market has not changed, so the purchasing power of gold coins has naturally increased. Regent King saw that sheepskins became cheaper, so they asked Clover Business Group to purchase sheepskins. They ran out of silver sol and started to use gold sol. When they ran out of gold sol, they found that the price of the goods continued to fall. , What should I do? The Augustus family had only forged Golden Thor and Silver Thor once in 36 years. Before that, they could only watch other people purchase supplies at low prices, so the royal family had to circumvent the restrictions of the covenant and mint currency. The upper foundation of the Sol Covenant disappeared. "

"Look at the lower classes again. Due to the shortage of copper and silver sols circulating in the market, vendors can only use copper beads, silver beads, copper ingots, and silver ingots as currency in order to make transactions. There is no problem with the fineness and weight of silver and gold. They don't care whether the currency is square or round. In this way, the underlying foundation of the Sol Covenant is gone. "

Sylvia nodded, summed it up: "The total amount of materials continues to grow, and the existing currency cannot meet the needs of trade... For the royal family, the thirty-six-year Sol Covenant appears to be a hindrance. The kingdom must take back the coinage... The ancient Sol Covenant has indeed come to an end. "

Victor turned his gaze to Enbis and said, "Mrs. Katerina is worried that money can't buy things." The Lord Duke was also worried that Kingsor would be hit by his hands... These are actually two related issues, one is trade channels, and the other is currency value. Raven Town, Wild Willow City, and Chamber of Commerce are all trade channels we built. This issue need not be discussed for now. We only talk about the value of currency. "

Victor took a sip of snow ear tea and said to Sylvia: "The purchasing power of Jinsol has increased. I call it gold coin appreciation." Master Enbis saw the appreciation of the gold coin, so he stored the gold sol. Based on the quantity of goods produced by Centaur Hills, he speculated that commodity prices will continue to fall, and gold coin reserves can avoid losses caused by price fluctuations. "

Enbis interface said: "A little and a half of the kingdom's gold coins are stored in the treasure house of Golden Water City...that is Sophia's hidden gold. I judge that the circulation of the gold sol in the market is very limited, and there are still 28 years before the next Sol Covenant, so I am going to make a big profit from the difference between the reserve gold sol and the commodity price before the currency is minted in the fort. Paused, he said annoyedly: "I simply didn't think that the Augustus family might bypass the Sol Covenant and cast Golden Sol and Silver Sol in advance. "

"This situation is called currency devaluation. "Victor shook his head and said with a smile: "But I have to say that Lord Duke's worry is unnecessary. "

"The currency in circulation is higher than the growth rate of commodities will lead to currency depreciation. In the current situation, the probability of currency depreciation is minimal. "

"First of all, gold is stable in nature, not easy to corrode, beautiful in color, and is a natural currency. However, the amount of gold is scarce, and even if the major kingdoms are fully exploiting gold mines, they cannot meet the growing demand for trade. Secondly, wise monarchs will not issue money indiscriminately. They must reserve a portion of gold and use currency casting power to control prices within a reasonable range. "

"Use currency to manipulate telekinesis prices? "Sylvia expression moved, smiling and saying: "But I don't want to be pinched by the royal family." My dear, your suggestion is..."

Centaur Hills has a dukedom pattern, Sylvia has the ambition to build a nation, Duke York and Katerina are at the center of the family, and there are family vassal lords below.

From this level, they do not contradict Williams’ tax reform. If Gambis’s new tax can be implemented, Sylvia can justifiably place tax officials in every vassal lord’s town, thereby strengthening Rose The manor’s dominance over Centaur Hills.

How can Victor oppose the royal family’s new tax in conjunction with the Pope’s Eleven Tax Reform? Victor even welcomes trade taxes to a certain extent.

The Randal Family has two development routes, one bright and one dark. On the surface, Victor showed the posture of a rising lord, respecting the authority of the church and the royal family, and limited greet. In the background, he You have to seize every opportunity to create favorable conditions for the growth of the Golden Group.

If Gambis really collects trade taxes, it will stimulate the growth of Golden Group. Unfortunately, the trade tax is only Williams's retreat. A gimmick. The vassal kingdom is simply unable to collect trade taxes from independent lords.

Victor is worried about the new Copper Coin led by Randal.

Although the Pope agrees to the Randal Family cast New Copper Coin, but he requires the new Copper Coin to be linked to the Copper Sol. That is to say, how many copper Sols Victor has to mint the equivalent of the new Copper Coin. Assuming that the Randal collar cannot cash the Copper Sol, the joke is big

However, as a result, the issuance cost of the new Copper Coin has doubled out of thin air, and the number of issuances has also been greatly restricted. Forging new Copper Coin has become a blood loss business.

Unless Victor can get the casting rights of Copper Sol.

Due to the problem of the smelting process and the actual value of the copper material, ordinary lord casting copper Sol can be said to be a small loss without making a profit. No lord was willing to cast Copper Sol. The church used coax and pester to impose the casting of Gambis Copper Sol on the Solim family. The declining Solim family needed the support of the church, and they pinched their noses to admit it. The two parties have cooperated for nearly a hundred years and have been in peace. It is not easy for Victor to take over the casting rights of Copper Sol.

With the background and credibility of the Randal Family, the pope has the courage and neither Dare to entrust Copper Sol to Flatlake Town Casting.

The Randal Family does not have the aptitude for casting copper Thor, but the York family does. Therefore, Victor thought of backdoor listing. He brainwashed Sylvia with his superficial financial knowledge in order to arouse her interest in currency issuance rights.

Sylvia’s advice refreshed Victor. He was highly-spirited and vigorous and said: “Gold is a currency recognized by everyone, and it’s definitely not wrong to store gold. Storing gold includes but is not limited to gold. Thor, gold products, gold nuggets, and gold ingots must be stored. With gold reserves, we can formulate rules of the game."

"I didn't expect this." Duke York murmured Said.

Katerina hesitated and asked: "Victor, are you letting us cast Golden Thor?"

Victor shook the head, and said: "The authority of the church is inviolable, the human kingdom A unified currency is needed. Regardless of the changes in the Sol Covenant, the materials, styles and exchange ratios of the Golden Sol, Silver Sol and Copper Sol will not change. As for the casting rights of gold coin... it will not change in the short term. "

"But one day, Kinsoul can freely cast. We just have to wait patiently for the kingdoms to lift the lid and reserve gold in advance." Sylvia interfaced.

Katerina eyes shined and asked: "What about the silver?"

Duke York gave a dry cough, and said slowly and logically: "As time goes by, the silver will change color, and the cost of re-melting will be great. …The silver mines in Centaur Hills remain intact, so we can store gold.”

Victor then explained: “Mrs. Katerina, this is the case. Gold is unique. It guarantees the value of silver. You As much gold, you can cast as many silver sols and copper sols as equivalent. If one day gold guarantees the value of papyrus, you don’t need to be surprised that papyrus is used as currency."

"Who Guaranteeing the value of gold?" Sylvia asked suddenly.

Victor thought for a while and said: "It's the church. The church is using authority and credibility to guarantee the value of gold."

Sylvia lightly shook her head, "It's power. The power of Knight and Prince Checks and balances, and the resulting order guarantees the value of gold."

"An insightful explanation." Victor did not hesitate to praise himself, and instead said: "In addition to reserve gold, we can also cast copper Thor..."

Sylvia tilted his head, softly said with a smile: "My dear, this is your purpose. You want copper Thor's casting rights."

"My dear, your wisdom and your beauty make me fall." Victor first complimented and said frankly: "Yes, I need Copper Sol's casting rights. I can guarantee..."

"No need to explain. Casting Copper Sol is a thankless thing..."

Sylvia interrupted Victor, and the moment he showed disappointment, he was sly Said: "But I love you so much, how can I refuse your request?"

The face of Victor, who is a show of love, is blushing. Sylvia covered her mouth and snickered, while Katerina and Enbis were dumbfounded.

Sylvia put her smile away, and lightly said, "In two days, I will invite the Marquis of Solim, Madame Judy, Duke of Joshua, and Thain bishop to the York family tea party. I think Regent King will try to Transferring the coinage of the Solim family to the Chebman family... Count Chebman is notoriously stingy, how could he agree to the casting of Copper Sol? I will take care of the rest of the matter."

" It’s getting late. You should leave for the Kite Castle to meet the new king." Sylvia stood up and said with scorching eyes: "Lora and Goron are waiting for the blue yam of Centaur Hills. I also look forward to the Potion Master of the Augustus family being able to make Golden Knight’s exclusive blue taro potion."