Chapter 726 Open the Door, Free Trade

Tell me your reasons, Patrick," Gawain looked at the business and financial director of the empire in front of him with a serious and serious expression, "You should know that the implementation of credit currency is a more radical move, and the pace of change is too large, and This means that the difficulty and risk of change will skyrocket. "

"Yes, Your Majesty," Patrick pressed the collar of his short black dress, took a deep breath, and said slowly, "The main reason for my suggestion is... Typhon."

"Typhon..." Gao Wen pondered for a while, "Go on."

"Your Majesty, you have said that there must be a war between us and Typhon, and it seems to me that the war has already begun - and you must think so too. We have just avoided a real war. The war of guns, but economically, our contest has just begun, and at this stage, the essence of this contest... is a contest of gold settlement."

Gawain looked into Patrick's eyes, he did not hide the approval in his eyes, and motioned for the other party to continue.

"Typhon's surrogate currency is based on gold, and their bank issues banknotes that can be exchanged for gold, but when it comes to the order with Cecil, since the two sides have not established a new currency interface, we Still settled directly in gold. We buy a lot of textiles and other primary industrial products from Typhon, and we also export magic parts and trains, railways, the latter orders are small but huge, so overall, Typhon's gold is Flow toward Cecil in slow, unobtrusive steps.

"Your Majesty, you should know that Typhon's aristocratic reforms are far more 'moderate' than ours. They retain a large number of old nobles, and in addition to losing their privileges, these old nobles also retain a large amount of personal property.

"To put it simply, Typhon has a large number of nobles' treasuries that are not controlled by the royal family. The gold paid to us... In fact, many of them are privately invested, raised, and financed by countless nobles in Typhon. Less than half of what was collected came directly from the vaults of the Typhon Imperial Bank, so for a long time, the Typhons would not have noticed that their gold was flowing out - not only did this involve a very large and long-term Statistical work, and a large number of nobles, in order to bypass the railway investment restrictions set by Rosetta Augustus, are using every means to hide those trivial but huge flows of gold..."

Listening to Patrick's words, Gawain couldn't help thinking of what Daniel reported to him:

In order to compete for a share of interests in the railway system, Typhon's small and medium nobles are trying their best to intervene in those projects, and in order to bypass a series of obstacles set up by Rosetta Augustus, their most common The method is to borrow money from the bank in the form of family guarantee and joint guarantee, and then "cooperate" with the bank (after all, half of Typhon's banking system is in the hands of the aristocratic group), and transfer the creditor's rights to the Cecil Railway Investment Company , and then they used their family treasury to pay Cecil's debts in installments in the form of debt repayments,

Thereby obtaining shares in various ways of shelling and sharing the profits of railway operations...

This complex and "wonderful" operation circumvented their regulatory system.

Rosetta Augustus may be an iron-fisted emperor with great talent. He successfully controlled the powerful upper-class nobles of the Typhon Empire with court struggles, and overwhelmed the middle and small nobles of the whole country. , In those small aristocratic groups that are gradually transforming from old aristocrats to capitalists, the "creativity" and "spirit of struggle" displayed by people in the face of interests are obviously beyond the imagination of Emperor Typhon.

The gold of Typhon just flowed out secretly and trivially.

"We want to maintain this trend, and the most important point is to maintain the status quo of gold settlement," Gawain continued slowly following Patrick's train of thought, "and if we establish a substitute currency system, from the laws of economic development It will be a matter of time before the two countries establish a new currency interface, guarantee each other and settle in the new currency, and once the currency used for settlement becomes the new currency fully controlled by the bank, Rosetta Augustus will be able to Effectively control the trend of the outflow of gold - he may even discover the traps in the domestic industrial and economic development process in time, and discover those things that we have painstakingly arranged. With his wisdom, he may soon be able to solve these hidden dangers. "

Issuing credit currency and creating a new currency settlement barrier between Typhon and Cecil is a means of maintaining the gold settlement between the two countries and delaying Rosetta Augustus' reaction time.

"Yes - we want to keep this 'gold shortcut' for those investors in Typhon," Patrick nodded, "Of course, even if we choose a proxy currency, we can continue to require settlement in gold. - I support credit money, and there is another reason.

"The Typhons will not only do business with us - they know that the goods produced by the factory need to be sold to generate value, and Cecil, as a country that also develops the magic industry, will not honestly accept their output, so they will definitely be looking for new markets…”

As soon as Patrice said this, Amber, who seemed to be wandering on the side, suddenly said: "Typhon may be in contact with the High Ridge Kingdom, or he may be negotiating the dispute over the Blue Rock area. If this is the case, then Negotiations should be almost done."

"...They are going to start trade with the Kingdom of Gaoling, and they may even be eyeing the market of the Silver Empire," Gawain thought of the answer in an instant, but then looked at Amber with a little doubt, "This is intelligence from the southern part of the continent, the Military Intelligence Bureau Shouldn't it penetrate there yet?"

"I met Sonia this morning, and she casually mentioned that the Silver Empire recently re-measured the disputed deforestation area of ​​the Blue Rock. In addition, three days ago, the technical exchange document between the Silver Empire and the Magic Energy Technology Department also mentioned a sentence— - The magic net unit produced by Typhon can also be used in the standard operating environment. Except for the triangular area of ​​the Blue Rock Disputed Area, Typhon and the Silver Empire have no direct border and communication, and they can contact the magic net unit produced by Typhon. , most likely came from the Kaolin Kingdom, and it may be the 'trade sample' that Typhon gave to the Kaolin Kingdom. The three countries have been in constant love-hate relationship and friction over the years, basically surrounding the Blue Rock disputed area, just now I've been thinking about these things..."

Amber said it for granted, as if all this was just something she did at will in her spare time.

However, Gawain's eyes widened.

After a while, he looked back, smiled and nodded: "Very good, you did a good job."

Amber folded his arms, and the tip of his ear twitched: "That's right, I'm a divine choice anyway..."

"Your Majesty, it seems that the situation is indeed as I expected," Patrick lowered his head and said, "Typhon is establishing a market in the southern part of the continent, and the High Ridge Kingdom should have opened its doors to them. Feng establishes trade relations - although we have a good relationship with the Silver Empire and have technical cooperation, this does not prevent the elves from buying Typhonian goods. On this basis, the large and small city-states attached to the Silver Empire and the High Ridge Kingdom must be more Needless to say, they will all become a market for the Typhons.

"Typhon will establish extensive commercial activities in parts of the western and southern parts of the continent, where trade participants will settle in Typhon's currency - except that the Silver Empire has the strength to compete with Typhon, Typhon has All other countries should be in the dominant position of economic activity.

"I call it the 'Typhon settlement area'.

"And what we are doing is similar to Typhon, we are expanding the scale of trade with the Ogure tribal country, you have planned to lay the railway to Ogure, and in the north, Archon Victoria is building with the Violet Kingdom. Communicate and try to get in touch with the Holy Dragon Principality.

"Many city-states in the northern wilderness area have begun to buy our alchemy potions. Although their city-states are not large, the entire city-state complex is still a huge market.

"There is no doubt that the Cecil Empire will be the 'economic leader' in these areas, which will be settled in our currency.

"Referring to the 'Typhon settlement area', most of the northern and western parts of the continent will become the 'Cecil settlement area'."

After talking so much in one breath, Patrick's face turned red at some point, and his slightly fat body trembled slightly from panting. In the eyes of this business and economic executive, there was some kind of inexplicable light in the eyes. flashing.

Gawain stared at Patrick's eyes, unconsciously leaning forward slightly.

"Then... this is not just a problem between Cecil and Typhon." He said in a low tone.

"Yes, Your Majesty, this is not just a problem between Cecil and Typhon - Typhon is building their settlement area, and we will definitely establish our own. This is a contest between two settlement areas and two currency systems. , and in the long run, in large-scale, high-speed, transcontinental, and rapidly growing commercial activities, credit money...has a higher 'capacity' than proxy money, and is more catastrophic."

Having said this, Patrick stopped, and Gawain said softly in a deep voice: "When the day of the run comes, the substitute currency will collapse faster."

Amber looked at Gawain and then at Patrick.

To be honest, although she has an outstanding talent in the field of intelligence, she has been completely deceived in the field that Gawain and Patrick talked about.

However, she suddenly felt a shudder.

"As long as the Cecil Empire does not collapse and the international credit collapse does not occur, as long as our industrial and economic system is still developing steadily, the magnificent wall does not collapse, and we ourselves do not do anything stupid with unlimited over-issue, then the credit currency will be It is almost equivalent to having near-infinite solvency,” Gawain continued, “and Typhon and its business partners will eventually encounter a bottleneck in their gold reserves, and the larger the market they create, the faster the development speed. The sooner the bottleneck will come, the gears of the factory are wheels that are too heavy to stop, this wheel will force them to over-issue money, and what we have to do is before Rosetta Augustus reacts. Before the Typhons plug their loopholes, do everything possible to allow the gold from the Typhon settlement area to flow into our side..."

"May their noble investors continue to work hard." Patrick laughed.

Gao Wen also smiled: "May the current 'peaceful situation' be maintained for a few more years."

He stood up and came to the place where the map was hanging beside the bookshelf.

There used to be a map of Ansu's entire territory, but now the old map has been taken off, and a map depicting the entire continent has been replaced.

The wasteland of Gondor occupies an eye-catching position on the map. Around the wasteland, Cecil, Typhon, Ogure tribal country, Highmountain Kingdom, Silver Empire... each country is intertwined, occupying a patch of ancient ancestral place.

For thousands of years, these countries have developed their own in peace and quiet. Although there is some communication, there is an invisible barrier that separates all the countries.

For thousands of years, the protagonists of the story have been knights, princesses, castles and fields.

Quiet, peaceful, idyllic.

But times have changed.

Open the door, free trade.

His eyes slowly swept across the map of the entire continent. This map was drawn by him with reference to satellite images. Between those precise lines, his eyes gradually crossed the wasteland of Gondor and landed on the jungles of the Silver Empire. between cities.

"It would be great if the transportation between the north and south of the mainland could be realized..."

"Your Majesty?" Patrick asked curiously, not listening.

"No, it's nothing," Gawain shook his head. The things he was thinking about were not something that Patrick, the head of business and economics, could solve. "Let's talk about issuing currency. No matter how necessary credit currency is, we must issue it. ...but it's not that easy."

"Yes, Your Majesty."

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