Section 19 National Economy (III)
Hundreds of millions of wealth..."Pei Di subconsciously muttered in his mouth, although he didn't understand the specific operation of the trade economy, but he knew what hundreds of millions of wealth represented, which was equivalent to the economy of all the countries in the Ella continent today.
Possessing this wealth means that the empire can buy the entire continent of Ailan!
"Leverage 100 million kroner to make a hundred million?" said Pei Di, suppressing the excitement in his heart, and asked with the caution of the emperor, "You should know that sooner or later there will be problems in the buying and selling of a commodity at a premium, and the skyrocketing wealth will make the people forget about industry, and I don't want my subjects to forget production in the intoxication of money." ”
"Your Majesty..."
"Presumably, even you should know that the hundreds of millions of dollars of wealth you plan to leverage are watery, and the soaring wealth will make my people crazy, and the price behind the madness will be huge. Pedi interrupted Darick Danny, "I want the country to be rich, but don't play the unrealistic game well." ”
"Your Majesty, if we don't play, someone will play!" "Darek Danny leaned forward slightly, "Balan Town is home to the best merchants in the Eastern Continent, and they are so skilled at playing with stocks that they can even steal a chamber of commerce worth less than 10,000 crowns to 100,000 crowns. ”
"This is a commercial scam, the Commercial Investigation Department of the police department will let them know the cost of playing with capital, and the court will let them know the harshness of the laws of the Empire. Pedy stared at his Chancellor of the Exchequer and said in a warning tone, "Edwin Film's lesson isn't enough?"
"Your Majesty, I'm not trying to play with capital, I'm just here today to talk about currency reform. Darek Danny's eyelids twitched slightly, and he said under the stern gaze of the emperor: "The national wealth of the empire may not be worth hundreds of millions of crowns today, but it is only a matter of time, we are only advancing in advance, as long as we stabilize the circulation of imperial banknotes within 150 million crowns in the next ten years, there will be no major problems." ”
Pedi frowned, this time he didn't continue to answer, because he didn't know if Derick Danny's words were watery or not, and after thinking for a few minutes he flipped through the file that Derik Danny had just pushed under his eyelids and began to read.
An hour passed quickly, and the document was only a third of the way through it, but Pedi wasn't in a hurry, and occasionally discussed with Darick Danny what he didn't understand.
As a result, the audience was extended for another hour.
But the hour passed quickly, and Peddy was barely halfway through the papers, and the discussion with Darick Danny was getting more and more intense. Seeing this, Secretary-General Lang Ma took the initiative to withdraw from the office and coordinate the itinerary of His Majesty the Emperor today.
Soon, it was noon,
After a light meal in the army, the two continued to discuss.
It wasn't until three o'clock in the afternoon that the plan for currency reform was read by Pedi.
It is a very complete plan, which even contains legal advice on the printing of banknotes, as well as an assessment of the number of issues issued over the next twenty years and the development of the country's economy over the next decade. What Peidi paid the most attention to was that this plan also included an analysis of national taxation after the currency reform, and the report recommended that the Ministry of Finance and the State Taxation Bureau be separated to form an independent State Tax Bureau.
After reading this plan, Pedi had to admit that the way of thinking of businessmen was really completely different from the way of thinking of traditional aristocrats, and Darick Danny's research on the economy and commercial capital of the empire was several times stronger than that of Edwin Fellin before.
Edwin Fellin only knows how to use the power in his hands to carry out illegal trade, while Derick Danny plays with capital within the boundaries of the law, leveraging ten or a hundred times the capital with a small amount of money!
However, Pedi did not want to play like this, because the empire, despite the rapid development of the trade economy, did not have the foundation to play such a game, at least for ten years, and it was still during the war.
However, the issuance of banknotes is imperative.
The use of paper money instead of gold and silver coins can not only facilitate trade, but also facilitate the logistics management of troops, making trade between countries easier.
"I agree in principle with your plan, but you plan to give out 50 million kroner in three years, which ... I think we need to continue research. "We can't use the power in our hands to control the growth of the country's economy, our job is to supervise." ”
Although Peidi seemed to have a great temptation in front of him at the moment, he still maintained the calmness that an emperor should have, because he knew very well that the price of losing his cool in front of capital was more serious than the loss of the war ahead.
"Your Majesty..."
"I agree with your currency reform. Pedi waved his hand to stop Derick Danny's next words, and gave a prepared reply, and as Darek Danny was happy, he continued: "But as I said earlier, we can't speculate on capital by issuing paper money, and now that the country's finances are in good shape, and the trade economy is steadily increasing, there is no need to artificially stimulate economic growth." ”
"Your Majesty, open all citizens to buy the shares of the Chamber of Commerce, and the exchange in Balan Town will attract all the funds within the Empire. Darek Danny took a deep breath, "There is no shortage of careerists and gamblers in this world, countless chambers of commerce will be established in various places, even if we don't intervene, merchants everywhere will speculate their stocks at sky-high prices." ”
Pei Di frowned, this was a problem he didn't consider, but then he thought of a way, and said: "We can use the law to bind and formulate stricter stock trading rules, and increase the punishment for chambers of commerce and individuals who speculate on capital." ”
"Your Majesty, although the economy and trade are decided by the market, the market is in the hands of businessmen. "With your trade reforms and tariff centralization, the empire's trade has become more and more prosperous, and the era of small chambers of commerce in market towns such as Balan and Seka has long passed, and in the last month's registration records, there are more than five large chambers of commerce with assets of more than 200,000 kroner, that is... The funds in the hands of these five chambers of commerce are equivalent to one-tenth of the empire's trading volume in a year!"
"If I wanted to, I could easily let these five chambers go bankrupt in a week's time. Pei Di was a little unimpressed, "In front of the country, their strength is as small as a grain of sand in front of my thousands of troops. ”
"Your Majesty!" Derick Danny stood up suddenly, "we can think of leveraging hundreds of millions of dollars of capital with tens of millions of funds, and those merchants can naturally imagine it." ”
"Don't get so excited, Sir. Pedi reassured his Chancellor of the Exchequer, "Don't I still have you, the police and the courts." ”
"Yes, we can punish those businessmen who play with capital, but what about the country's economy?" said Derick Danny, spreading his hands, an imperceptible smile on his face.
In fact, Derick Denny's original plan was almost identical to His Majesty's proposal just now, and the reason why he later changed his plan and proposed to leverage hundreds of millions of dollars in capital with tens of millions of crowns was just to attract His Majesty's attention to his currency reform. What Derick-Danny did not expect was that His Majesty the Emperor was concerned with the currency reform itself, and avoided capital speculation like a beast.
"Your Majesty, a joint chamber of commerce that controls all the gold mines in the Western Continent, and is also jointly hosted by the Prime Minister's Government and the Central Bank, its value can be seen clearly even by a five-year-old child, so... As long as this chamber of commerce is listed on the Balan Town Exchange, I can guarantee that its shares will grow tenfold in three months!" Derrick Danny pointed to his report, "In other words, the shares that were originally two crowns per share in the hands of the people can become twenty crowns after three months, and this will invisibly increase the economy of the country." ”
"Doesn't Your Majesty want to build teleportation circles everywhere?" Derick Danny pulled out another plan from his skin, "We can set up a chamber of commerce specializing in teleportation circles, and buy shares as soon as the mining joint operation company is listed, and I am confident that within two years we will be able to raise the cost of building teleportation circles connecting the rest of the empire, and at the same time nearly double all trade routes within the empire in the next ten years." ”
"Do you want to use the Chamber of Commerce to cover the costs of building a teleportation circle and building roads?"
"Why not. Derick Danny shrugged, "This kind of thing could have been done without state finances, and merchants want clear roads inside and outside the empire more than we do, and the creation of these expenses can stimulate the growth of the country's economy even more." ”
"Well," Pei Di groaned, and after thinking for a few minutes, he said: "I basically agree with the plan of monetary reform, but the transactions in the capital market must be strictly controlled, and the difference between the national economy and the overall value of the country cannot be too much... As for the rest of the issues, you can leave them to the Military Aircraft Department for discussion, and then report back to me with a definite plan. ”
"Yes, Your Majesty. Derick Danny smiled slightly.
"And..."Pei Di looked at Darek Danny as he was about to leave, "The conduction device is basically stable now, and it only takes less than half a day to travel to and from the Imperial Capital from here, so... When you go back, tell Sir Marne that I will attend the regular meeting of the Military Aircraft Service in three days' time, and that the question will be about the war in a month's time. ”
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