Section 18 National Economy (II)
The Emperor's sudden inquiry brought Deric Danny's story to an abrupt end, and he nodded subconsciously, and suddenly didn't know where to start with the words he was ready under the Emperor's gaze.
"Is this your proposal?" Pedi looked down at the document that Derick Danny had just shoved, "It's going to take some time to read." He picked up the thick document and weighed it, "You can give me a rough idea first, and if I think I can go through your proposal." ”
The Emperor's blunt statement stunned Derick Danny, but he did not do it immediately, because he knew that if the next words did not impress the Emperor, then the report he had been preparing since becoming the Imperial Finance Minister would end in failure, and he would not have the opportunity to mention it again.
Derick Danny instinctively flipped through the papers in his hands with both hands, but he bit his lip and didn't say anything.
Secretary General Lang Ma who was sitting next to the small desk at the door frowned, between His Majesty the Emperor's schedule today, he subconsciously looked at His Majesty the Emperor, and asked with his eyes if the meeting could be over.
Pedi felt Wolfma's gaze, he shook his head lightly to show that it didn't matter, and then, his gaze fell on the nervous Daric Danny, and after thinking about it, he said in a joking tone: "Sir, you have to hurry, our secretary general is already waiting a little impatiently." ”
After the joke, Pedi stood up and said to Wolfma, "Bring us two cups of tea." With a nod of agreement, Pedi opened the drawer on his desk, took out the cigar box inside, tossed it to Darik Danny, and then picked up another one and trimmed it expertly.
"I'll give you an hour, you don't have to be too nervous, we can talk slowly. Pedi lit his cigar and sat down again.
Hearing that he had been given an hour to explain the banknote issuance plan, Darik Denny's anxiety was somewhat relieved, and at the same time he was a little pleased with the importance of the Emperor, but the pride he had cultivated over the years did not expose this joy even a little.
"I do intend to use the stock exchange in Baran Town to carry out currency reform. Derick Danny first answered the emperor's question, and then was silent for two seconds before he said: "But to promote the issuance of paper money through share trading, there must first be a large chamber of commerce as a carrier, and it must ensure that the shares of this chamber of commerce can be purchased by ordinary citizens, and it must also have a chamber of commerce with absolute credit and very good prospects. ”
"Ordinary citizens buy shares in the Chamber of Commerce...", Pedi repeated, a hundred years ago the goal of the United Chamber of Commerce was to get all Crewe people, including ordinary residents, to buy shares, but in the end it was limited to the aristocracy. Although the main reason for this was that the ordinary residents of Kru Collar at that time did not have the financial resources to buy the shares of the United Chamber of Commerce, it also involved a huge struggle of interests.
But now, imperial law has brought the status of the aristocracy and the common people indefinitely, and because of the spread of factories, most of the wealth of the country has gone into the hands of the lower citizens, which provides the preconditions for the ordinary people to buy the shares of the Chamber of Commerce.
"Your Majesty, the issuance of paper money is only truly meaningful when all the people of the empire, including the people at the bottom, participate in the purchase of the shares of the Chamber of Commerce, otherwise this 'currency reform plan' is just a castle in the air!" Derick Danny heard the Emperor's whisper, thinking that the Emperor did not want to do this, so he subconsciously explained, and with an anxious tone.
Pedi didn't feel the anxiety of the Chancellor of the Exchequer, he was thinking about his own problems.
Allowing ordinary citizens to buy shares in major chambers of commerce is not just as simple as buying shares, which is equivalent to completely opening up the threshold for the establishment of chambers of commerce, which will certainly strengthen the national economy, but at the same time accelerate the flow of national wealth to ordinary citizens.
The change of wealth will undoubtedly tear the last fig leaf of the ordinary national class and the aristocratic class, the power of capital will quickly occupy the entire empire, the imperial class will be replanned, the people at the bottom will become slaves under the power of capital and re-energize the contradictions, and the final point of the contradictions will become the dictatorial imperial power!
Pedi would have been more than happy to see this happen if he hadn't sat on the throne, but now that he was emperor, he didn't want the vast empire he had built to collapse in a few years because of such a problem.
However, now that the country's economy is developing rapidly, the empire's current trade connects all the national forces in the Alan continent except for the undead legions, and the business is even the 'brotherhood' of the Death Swamp, and the gold and silver coins used now are indeed unable to adapt to such a huge trade volume.
The artificial introduction of policies to inhibit economic development and change will inevitably cause contradictions to explode in advance!
"In the first half of this year, the empire traded more than five million crowns, three million crowns in the various markets, and two million crowns in other countries. "But according to the arrangement of the Imperial Ministry of Finance, the banks in various places have minted a total of six million crowns. ”
"You're saying there's a bank minting coins privately?" Pedi frowned.
"I don't rule it out, but I'm not just talking about the issue of privately minted coins. Derick Danny was stunned, he pointed to the report he had just submitted and said quickly: "My report has data and countermeasures specifically for this... In order to ensure the circulation of the imperial krona in the mainland, the Ministry of Finance authorized local banks to mint gold and silver coins and exchange them for old imperial coins, but now that the country's economy is stable, it should take back the power of regional banks to issue currency as soon as possible, set up a regulatory agency and hire a team of professional mages to build an imitable array of true and false identification. ”
"In half a year, there are almost 4 million crowns to be filled. Pedy nodded his finger lightly, "With the current economic capacity of the Empire, the demand for money in the market is increasing every day, and it is not wise to take back the minting power of local banks, unless... Paper money was used instead of gold and silver coins for circulation. ”
"Yes!" Derick Danny's eyes widened slightly, "but if you want to issue banknotes, you have to trade them with something equivalent, and the Chamber of Commerce's stock is undoubtedly the best choice, and further... We can guide the exchange of banknotes with precious metals such as gold, silver and purple gold. ”
"What about your specific plan?" asked Pedy, resisting the temptation to open the plan in his hand, pointing to his chancellor of the exchequer.
"The Prime Minister's Government and the Imperial Bank will come forward to create a joint business association, and then you will give this Chamber of Commerce the power to run the gold mines of the Western Continent. "Derrick Danny is cautious at the moment," said Denny, "As soon as the Chamber of Commerce was formed, it was listed for sale on the Baran Town Exchange. ”
"My plan is to sell 200,000 shares in the first phase, for only two crowns each, and I can enjoy a dividend of 10 percent per share. Derick Danny said confidently: "Within a year, I can get the share to go up to 10 crowns, and then... We can issue another 200,000 shares!"
"I seem to understand your thoughts, you want to expand the currency through stocks, but the empire doesn't have any excess wealth at all?"
"Property mortgage, in the form of a fixed property mortgage!" Derick Danny replied quickly, "There are more than ten ways to buy stocks in my plan, and fixed property such as real estate, land and even valuable works of art are not constant in value, and if we want, we can use these fixed assets to increase the wealth of the country, and leverage the value of hundreds of millions of dollars with the national wealth of the empire of 10 million crowns, and use it to promote paper money." ”
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