Chapter 401 [Azeroth's Currency]

Money is a tool for measuring prices, a medium for purchasing goods, a means of preserving wealth, a contract between the owner of property and the market about the right of exchange, and essentially an agreement between the owner.

To sum it up in the simplest sentence: "I give what I have to the market in exchange for what I need." ”

For example, any race that has a desire to communicate with the outside world, or a civilization that has a certain number of individuals inside, money will be born naturally.

There are many races in Azeroth that meet this requirement, and there are not as many races and civilizations in Azeroth as having their own currency.

Tonatiu knows that the races that have their own currencies are currently only humans, goblins, dwarves, kadore, and queldore, as well as trolls, in this case, the Zandalar trolls.

What is very strange is that the main currencies of these civilized races and countries, without exception, are gold, silver, and copper.

It is very different in appearance and size, quality and gold content.

The heaviest and highest gold content of a single currency is the dwarven minted iron coin, which is called the minted iron coin, which actually contains four currencies: gold, silver and copper.

A Dwarven Gold Coin is almost twice as much gold as a Goblin Almond Coin and weighs only 1.5 times as much.

This shows the gold content of dwarven gold coins and the low gold content of goblin gold coins.

The reason why the dwarves' gold coins are of such good quality is not only related to their personalities, but also because the dwarves are very good at mining, and the places where they live have a lot of minerals.

In fact, gold is one of the most famous outputs of the Dwarven Realm, along with spirits and forging, three technologies that are famous in the civilized kingdom of Azeroth, among civilized races.

Generally, the dwarven kingdom is located in high mountains or mountains, and these places are not very suitable for cultivation, and it is difficult to raise dwarves who are addicted to alcohol.

The little food produced by the dwarven kingdom itself is a bit reluctant to feed the dwarves, and it is greatly insufficient to make wine.

Zutona currently has hundreds of thousands of inhabitants under its jurisdiction, and the currency in circulation is very complex.

Cadore brought their Leaf Coin, a non-circular gold coin that resembled a leaf.

Goblins bring almond coins of varying quality, Zandalar trolls bring Taha gold coins, and Garkison and the adventurers who have flocked to the desert bring gold coins of various races.

I have to mention that among all these currencies, the Goblin has the lowest almond gold credit.

Not only because they are the lightest, but also because they have the lowest gold content.

It is also because the almond gold coins of the goblins, except for the appearance of the same, almost none of the gold coins are the same in terms of craftsmanship and details.

The reason for this is that unlike other race currencies, which are generally made by the government. The coinage rights of the almond gold coins of the goblins do not have a unified provenance.

According to the boss of Hot Sand, each goblin company has its own almond coin, and the goblins who work in this company are only paid this currency!

To put it simply, on the goblin side, as long as you have gold, silver, and copper ore, you can mint your own coins!

As for whether it can be circulated, and how it will be circulated, it depends on the goblins' own means.

For example, the hot sand company has its own mint, and the hot sand brand almond gold coins minted are very famous in the region and the Andermar region, trusted and loved by goblins, and are the most gold content and the most loved currency by goblins - all of the above is said by hot sand.

Basically, the races that own money have reached a certain level of civilization and the number of individuals, and a state-like form of government has emerged.

If Zutona is to maintain financial stability for a long time, a monetary system of its own is necessary.

In the past, Tornathiu thought that the issuance of Aztec coins in a banknote-like manner, guaranteed by official Zutona credit, should be sufficient.

At the same time, you can also use the special magic of Aztec coins to collect the power of faith of the misers.

In the beginning, everything went well, and Aztec coins flowed into hot sand companies in large quantities as foreign currency, and were held by goblins.

However, as Zutona's territory grew larger and larger, the Aztec coin, which resembled food stamps in the planned economy, gradually could not keep up with the speed of Zutona's economic and trade development.

To put it simply, as the population grows, so do the trolls and residents who do business, and the demand for currency increases.

Aztec, the Zutona legal tender, was gradually unable to keep up with the pace of economic and trade development.

The main reason is that the Aztec coin is made of the best Demon Tyrannosaurus skin, processed in a special way, and then enchanted by the sorcerers, and added another layer of insurance to the special enchanted hut in Zutona.

Doing so makes it completely impossible to forge, and it also allows it to collect the power of faith and pass it on to Tornatyu.

The disadvantage is that the yield is really low, not to mention the difficulty and requirements of double enchantment.

The mere fact that the material is a Tyrannosaurus skin makes it very valuable......

Tyrannosaurus skin is one of the best leathers, and a piece of equipment made of Tyrannosaurus skin can fetch a very high price.

If you use this kind of thing as a currency, if the value of the currency is a little higher, it is fine, but if it is a small currency with a value of one piece or two, the issuance value cannot keep up with its own value at all.

As a result, Zutona issued a lot of low-value Aztecs, and there were almost no Aztecs in circulation for less than five dollars on the market.

All of them were collected by the shrewd goblins, and they directly tried to wash off the enchantment and turn it into a small demon tyrannosaurus skin.

As soon as the goblins did this, there was a sudden shortage of low-value Aztec coins.

Coupled with the fact that the trolls also believed in gold, Zurfarak had a kind of ancient Zendara gold coin in circulation before, and the identification with gold coins has always existed.

Tonatiu listened quietly to Zangal's explanation of Zutona's current monetary system.

He also realized that his original Aztec idea was inadequate, and that was the issue of circulation and usage.

The reason why countries on the earth can use paper money is because any country on the earth excludes some strange things.

There are at least a few million people, and paper money has long been used around the world.

Azeroth didn't have the concept of paper money at all before the advent of troll money, and it was Tonatiu who forced the goblins to accept it.

The goblin has such a large amount of foreign exchange in his hand that is not gold, and although he can buy things from the troll, he is still uncomfortable.

To be on the safe side, the Hot Sands Company, both inside Zutona and other goblin forces, has been hyping up Aztec coins - goblins are also afraid of the depreciation of banknotes, or the lack of credit.

They try to sell it, and when this situation really happens, it's not just the hot sand company that suffers!

"Hmm...... Some reform is needed. Tonatiu agreed with Zangal.

"What is the opinion of the council?" He asked.

Zutona also had a council, the leaders of the original group of sand-blooded trolls, plus some of the representatives who came in later.

However, the parliament in Zutona has a very low presence, and because of the presence of Tonatiu, they only have the right to make recommendations.

"We consulted goblin tycoons and Zendalar scholars, and they agreed that we should discover a new, low-value currency."

"In the future, the value of Aztec coins should not be less than 100 yuan, mainly for large-scale transactions. In addition to Aztec coins, some silver and copper coins were minted for the people to circulate. ”

This is probably the best solution at the moment, and Tonatiu endorsed the parliamentary proposal.

By the way, Zangar is the speaker of this parliament. At the same time, the goblin Marin and another female goblin, as representatives of the Zutona lineage, are also councillors.

Zangar also said something else, the first batch of 500 mages Sindra, with some very precious books and scrolls, arrived in Zutona half a month ago.

Obviously, Tosedrin's secretly, more urgent than he seems, and the presence of Master Sindra has greatly improved Zutona's arcane system and spell power.

Zangar didn't know what to do with these over-the-top mages, so he could only arrange them to be placed in the Tonateu Academy, with Prince Tosedlin taking the place of Modra's head of the Spellcaster Academy.

Tonatiu didn't think about how to arrange them, this group of Sindra mages was not so much mages as scholars, mage-type scholars.

They may have combat power, and they are very strong. But let them really fight...... If they really have this ability, the gavel of doom will not become the gavel of doom in the future.

Zutona doesn't have a war that requires so many mages at the moment, and they've just joined the troll system, so it doesn't seem appropriate to let them fight all at once.

Zangar's arrangement seems to be the best solution at present.

"Let them teach their students and study magic at the same time."

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