"Well, I'm going to mention how Mary helped me. ”

I saw Fino put his arms around Mary, put his lips to her ear, and said with a smile: "Right, my lovely Brave Lady?"

Mary enjoyed Fino's intimate attitude, and continued: "Isn't it, when I was on the Internet, I found some articles about economics written by the author of the online name Ashtray, and then introduced them to you. ”

"Hey, Mary, you're really my good sister, kiss one!"

After speaking, Fino pecked Mary's little face, and Wang Zhiran, who saw it, frowned, and said, Fino, you are such a lily, what if you let your father see it after you go back?

However, Wang Zhiran's expression looked in Fino's eyes, but she thought that she wanted to know what was good about the book "Civilization and Economy".

So, Fino said: "Brother Wang, I will notice that the most crucial point of this book is that it talks about the essence of money. ”

"The nature of money?"

Wang Zhiran thought for a moment and said: "If I remember correctly, money is the medium of commodity exchange. ”

"That's right, money is the medium. ”

Fino nodded in agreement with Xiao Wang's statement, and then asked, "Then why does currency have value?

"This ......"

Wang Zhiran was speechless for a while.

Yes, what does money really represent?

Wang Zhiran immediately cast a questioning glance at Fino.

I saw Fino immediately open the cover of the book "Civilization and Economy", and after checking the table of contents, he immediately turned the book to page 375, pointed to a paragraph on it and said:

"Money must be backed by a physical object, either oil, or gold or silver. If you don't, others won't recognize it. ”

This passage is simple and straightforward, but it names the things that money represents, that is, physical objects, that is, commodities.

It is also true that if money cannot buy goods, then this currency is waste paper and meaningless.

However, Fino's words don't end there!

"In fact, when I read that this book explains money and finance, I can't help but think of some of the things that happened to my father on the road to unifying the planet. ”

Hearing this, Wang Zhiran seemed to realize something, and immediately asked, "Does it have anything to do with currency?"

Fino nodded and said, "Yes." ”

"Interesting, let's hear it. ”

Not only Xiao Wang, but even Gui and Mary were also aroused and listened to together.

Fino also began to say, "That was when I was born. ”

At that time, Fino's father, Victor, the Horn Emperor of the Milak world, had just conquered the orcs, elves and trolls, and launched an offensive against the goblins in a hurry, wanting to annex them in one fell swoop, so as to take a big step forward in the goal of unifying the world of Mirak.

The war went well, and Victor's army easily conquered the diminutive greenskinned goblins and made them citizens of the empire.

It was also at this time that a goblin suggested to Emperor Victor that the country's currency should be unified and a unified state system should be established.

There is nothing wrong with this proposal, after all, a unified country does need a unified currency.

So Victor agreed with the goblin, and thought that the goblin was good at money and finance, so he left the matter to him.

But as a result, something went wrong.

With Victor's support, the goblin established a central bank with him as his sole shareholder, responsible for issuing currency. When the state needs money, it has to issue public bonds to the bank and exchange the public bonds for currency.

"Wait!"

Before Fino could finish speaking, Wang Zhiran heard it and asked: "Fino, doesn't this mean that the goblin holds the country's currency issuance power in his own hands?"

Fino smiled bitterly and said, "Yes." It's a pity that the father at that time didn't realize the problem, but thought that the goblin provided a very good plan, which solved the problem of unified currency issuance of the empire in one fell swoop. ”

Wang Zhiran said: "Then, the problem came out. ”

"yes!"

Fino continued: "Then, the goblin began to artificially reduce the amount of money issued in the market, and the result was deflation. ”

Suppose there are 100 units of currency and 100 units of goods in the market, then 1 currency is equal to 1 goods, but after artificially reducing the currency in the market, the currency in the market changes from 100 units to 10 units, and the goods in the market remain unchanged, so that 1 currency is equal to 10 goods.

This is known as deflation, which is the inflated value of money caused by the lack of money in the market.

In this way, it will lead to the phenomenon that everyone hoards currency instead of buying goods, because the value of currency is rising, and it is natural to hold the currency in hand in order to maintain and increase its value.

As a result, the price of goods naturally plummeted.

"And money must be based on physical objects. ”

Wang Zhiran recalled this sentence and couldn't help but say: "Coupled with the fact that the country's currency issuance power is completely controlled by this goblin, I seem to already know the result." That goblin started issuing money indiscriminately, artificially creating inflation, right? ”

It is still the assumption of 100 currencies and 100 goods just now, if a large number of currencies are issued, causing the currency in the market to change from 100 to 10,000, then it will become a situation where 100 currencies are equal to 1 goods.

This is inflation, which causes currency depreciation and inflated prices through the artificial issuance of excessive amounts of money.

You know, the goblin issued money indiscriminately, but it was established under the situation of the collapse of prices at that time, so that the goblin used his indiscriminate currency to sweep the market on a large scale, and finally it became a situation where he almost monopolized all the materials of the entire country.

"Oh my God!"

Wang Zhiran sighed: "If this goblin is allowed to completely monopolize the country's materials, doesn't that mean that the country is completely controlled by him!"

Fino nodded and said, "Yes, this is a currency war, a bloodless war, but the power is more terrifying than an ordinary war." ”

Wang Zhiran also sighed, and then asked, "So Fino, how did your father solve this cancer?"

"How? By force, of course. ”

Fino smiled bitterly and said, "My father was once taken to the universe by other special workers, because of these experiences, he attached great importance to the natural sciences, but also caused him to ignore the social sciences, so he was exploited by that goblin. ”

In fact, when my father found out that the prices in the market were fluctuating abnormally, he began to find out the cause. It wasn't until the goblin began to issue money indiscriminately and artificially create inflation that his father locked him down, immediately organized an army to encircle and suppress him, directly killed the goblin and his henchmen on the spot, and the central bank he formed was also forcibly shut down. At the same time, the goblin hoarded goods were put back on the market. ”

This also confirms the sentence, if the Jiao Emperor does not have military power in his hands, then I am afraid that the whole country will be controlled by this goblin.

But that doesn't mean the incident is over, such as:

"Fino, I remember that your father wanted to build a world where many races coexist peacefully!, so in what name did he carry out this purge of the goblins?"

Wang Zhiran said to Fino: "After all, only if the teacher is famous, can he serve the public, if your father does not have a righteous name, even if he does what he does right, it will cause strong dissatisfaction among other people, especially people of other races." ”

"Yes, Brother Wang, you're right. ”

Fino said: "Our Horn Clan has always worshiped the strong, so no one within the Horn Clan will object to my father's encirclement and suppression of goblins. But the problem is that the father's public reason for this encirclement and suppression operation is only to eradicate the wicked, but there is no specific content. ”

As a result, citizens of other races thought that the father had changed the original intention of peaceful coexistence of multiple races and wanted to rule the horn family, so for a while, many non-horn citizens rioted within the country. The foundation of the entire country's rule has been shaken. ”

Hearing this, Katsura immediately asked, "What about later?"

"Later," said Fino, smiling, "I was born at this critical moment. As you know, I am a hybrid of the horn and elven clans, and the moment I was born, my father immediately announced that he would make me the prince and inherit the throne in the future. In this way, it expresses that his father's belief in the establishment of multiracial and peaceful coexistence has not wavered. Only then did the turmoil slowly subside. ”

Hearing this, Gui finally relieved his heart and said, "Fino, I didn't expect your birth to be so crucial. ”

"Unfortunately, this led to the fact that I had to receive a comprehensive education since I was sensible, and I had no leisure time at all, and I was really bored at that time, and I really wanted to find a friend to play with! Right, Mary?"

As he spoke, Fino playfully reached out and hugged Mary, making no secret of her lily's intentions.

At this time, Wang Zhiran asked: "So, how did your father solve the problem of the country's unified currency?"

Fino let go of Mary and replied, "Although my father is not very good at monetary and financial knowledge, after this lesson, my father discovered the importance of the right to issue currency, so he formed a national bank to be responsible for issuing money, and firmly held the right to issue money in his hands. ”

"Actually, later my father learned that the goblin is a race that is very good at making money, and the plan that the goblin came up with at the beginning was only intended to make money for himself, but even he didn't expect that it would cause such a big consequence. ”

In short, after this battle, my father had an unwritten rule that goblins could be employees and advisers in all economic-related positions in the government, but they could never be the number one, so as not to repeat the mistakes of the past. ”

Hearing this, Wang Zhiran felt a lot, perhaps the original Jiao Emperor Victor wanted to bring his daughter to the earth to see, and he should also hope that Fino could learn some economic and financial knowledge, so that after Fino ascended the throne in the future, he would be able to rule the country smoothly.

If this is the case, then Capital and Civilization and Economy are really must-read!

Please remember that the first domain name of this book is .. Mobile version reading URL: m.