Chapter 182 (2/2)
“Mou! Father isSonia puffed her cheek, Kota almost breaks into a s led by the nose like right now!”
Kota expression remains hardened
“… What do you mean?”
“Nee~, Kotsa at Kota, s
“Tera deposit certificate is backed by the Flaold coin Sorbania deposit certificate is backed by Sorbania white gold coin Aht”
“I like Fla e at scenery, like in the Hero poem”
“… Is that so?”
“But you know, I like Sorbania white gold coin more than that… Sorbania is aon a great sea, isn't that great?”
“… What do you want to say?”
“Ah, please pardon me What I old cointhat she showed a beautiful smile And evil, yet innocent sather in Sorbania But that wealth is a restricted wealth that cannot be redistributed…”
Standard systeold standard, then the guarantee was gold, if it were a white gold coin, then the collateral would be a white gold coin What happens if all white gold coins gather in a single country, Sorbania? Then Tera won't be able to issue any certificate In other words, because the de the econoative for Tera econoht, Kotsama?”
Then what about Sorbania? Sorbania who forced Tera to deflate would have inflation and need to continue old coins being deposited Otherwise, the white gold coin standard cannot be maintained
“If we cannot maintain our standard, then we need to stop Still, Sorbania should be able to cover it After all, it is the peerless Sorbania Kingdom”
‘But… What about Tera?', she asked
“It is impossible for Tera, no? The certificate that cannot be traded with ‘white gold coin' Then that means, Tera certificate has to turn into a scrap of paper, yes?”
‘How is that?', Sonia gazes at Kota as if asking for an answer
“… You beatat Sonia
“… It is areed on the certificate being linked with the same value In the worst case scenario, if Tera stop trades its certificate hite gold coins, Sorbania who had its own certificate bound with Tera's certificate would need to become the insurance When that time comes, whether or not Sorbania could s that was another ht?”
“Indeed you are… I'ht”