Chapter 727： Currency reform plan (1/2)

The substitute currency is paper-based gold and silver, which is the same amount of real money and silver. People's trust in them stems from the trust in real money.

The credit currency can not be used to exchange gold and silver, its value is decoupled from the precious metal, and its purchasing ability is entirely derived from the country's "commitment."

In this era, whether the state's commitment is enough to convince people that a pile of paper can replace money, and even allow international trading partners to recognize this, this is the biggest problem.

"Your Majesty, maybe you don't have to worry about this," Paderick knows what Gao Wen is thinking. "We have data and samples. And in my opinion, if we want to issue credit money, then maybe it is the best now. Opportunity."

Gao Wen looked at Padrik: "...you mean..."

“You have taught us the concept of the subject of the state, so I also know what you are thinking about – frankly, the new empire does not have enough prestige and appeal to promote a new currency decoupled from the precious metals, because we Most people do not even have a clear national concept, and they lack sufficient trust in the Office of Administration, and they will not fear the 'empire force', but... you can."

Gao Wen stunned for a moment and suddenly couldn’t help but smile a little: "You mean that the personal prestige of my founding emperor is enough..."

He didn't finish it, and the second half stopped.

Maybe... it’s really enough.

Because those who have just got rid of the kingship of Ansu are still squatting - even though the Office of Government has forced their bodies to stand up through the law, their knees are still nailed to the ground.

They may not understand what "the motherland" is. They may not understand the concept of the Office of Government Affairs. They may not understand the power of the state, but they still unconditionally fear the "monarch" from the bones, accompanied by unconditional obedience.

This blind and backward status quo has always been regarded as the biggest obstacle to building a new order, but if you change your mind... this is actually a situation worthy of borrowing.

"Your Majesty, your prestige and appeal are stronger than you think, not only because you built this empire, you have won the oath of all nobles, it is the co-owner of all Cecil citizens today, but also because of the past seven hundred years. The propaganda of the first generation of pioneers is almost deified," Padek further said. "In order to maintain its own status and to strengthen the noble legal basis of the nobles, for seven hundred years, any Ansu King and The nobility has spared no effort to strengthen the glorious image of the pioneers of the early generation, and this has a great impact on the ordinary people. Even among some of the more superstitious and ignorant people, your resurrection is treated as a 'miracle'. In this part of the population, you have a very special and unrepeatable appeal.

"Your Majesty, I know that you have been working hard to change this ignorant and backward situation. You want to replace the old monarchy and the segregation system with the concept of the Office of Government and the State, so that the people can become glorious and dignified from the blind obedient people. 'Citizens', but this is not a one-off event. Since it can't be completed overnight, we may wish to take advantage of this situation before the final goal is achieved without affecting the construction process."

Gao Wen looked at Padrek's burning eyes and said after a slight indulgence: "There is some truth - but we must also respect the laws of nature. Perhaps my prestige and appeal are strong enough to promote the new currency, but the country implements There is still a risk of confusion, how do you plan?"

“Step by step,” Padek said immediately. Obviously, he has thought about this answer for a long time. “Firstly, it was promoted in the south and the eastern plains of the Holy Spirit and in the east. In these three regions, the southern region is the most stable, and the transformation is also More successful, the people recognize the Office of Government Affairs, coupled with the demonstration role of the pilot, there is no problem in implementing the new currency; the post-disaster reconstruction in the eastern plains of the Holy Spirit is equivalent to establishing a new order on the ruins, almost no old power problems, and All commercial activities in the eastern part of the plain are carried out around the joint reconstruction group. Under the full control of the Administrative Office, each pioneering team can create a complete and new economic structure based on the new currency. Finally, the east is east... The most risky place in the region, because it still has a considerable number of old nobility, the old monetary system is still very stable, but in any case, the east must be broken."

Gao Wen nodded slightly, although Padrik did not continue to say it, but he clearly understood the reasons:

Due to the destruction of the Eastern Army, the Loren family disappeared, the pressure of the Changfeng fortress increased, and the east...has been substantially controlled by the Cecil Army, with strong control and full surrender of the old aristocracy, which allowed the east and the north. Compared with the West, the difficulty of breaking the game has been reduced to a minimum.

It is now the best time to completely transform the east, further disintegrate the influence of the old aristocracy in the east and promote the new currency.

After the break of the East, it will become the best "sample" for the North and West reference, and will be the best "anchor" for further implementation of the new currency.

"After completing this step, we will gradually carry out currency reforms on the West and the North," Padek continued. "People will get a buffer period, and the nobility will have time to recognize the reality, plus the three regions." As a demonstration, the resistance that the currency reform may encounter will be minimized, and because of the reference experience, the possibility of chaos in these two regions will be greatly reduced.

"At the same time as the empire's currency reform, the commercial settlement between us and the Ogure tribal countries and the northern countries will still be carried out with gold and silver. Considering the particularity of the credit currency, our international business partners accept the new currency. It will be more difficult, so in the longer term, we will maintain this kind of gold and silver settlement, and even continue until the Empire has fully popularized the credit currency for a long time. After that, we will use the powerful industrial strength of the Empire. And the scale of trade gradually established the credit of the new currency..."

"You can say more straightforward," Gao Wen looked at Padrek's eyes. "Let the neighboring countries become dependent on our industrial products, let the entire settlement area unify the Cecil standards, let our alchemy agents, The rune base and basic industrial facilities became the basis for the social operation of the entire settlement area. Then we started to settle in the new currency. In the process, we will maintain the strongest military strength within the settlement area to ensure everything' Controllable '.'

"If it is Tifeng, they will certainly take advantage of this process to capture the wealth of half of the mainland. This is their usual style..." Padrik couldn't help but sigh, "It's crazy to use paper for money."

“But it will also focus all the risks and redemption pressure on ourselves, and turn all the countries that are 'shearing wool' into their own enemies. Once those 'traps' break out, every gold and silver you take will be It became a 'bomb' like Rebecca crystal," Gao Wen shook his head. "We want to make the whole world stronger, instead of standing alone on the ruins, we must remember this forever."

Padrik looked down in a serious manner: "Yes, kneel."

"Then there is still a problem," Gao Wen said with a long breath. "What do we use to calibrate the purchasing power of money?"

The purchasing power of the substitute currency comes from the exact gold and silver. The gold and silver are valuable. Therefore, the purchasing power of the substitute currency is also easy to measure. The credit currency needs an artificial “anchor”. This anchor is very important.

In short, it is to find a commodity that is more stable and essential in social activities and widely used, and then the state will propose how many such commodities can be purchased in a basic unit of currency.