Chapter 1576: Murder Silver (V.)
Archmage Nikita did what she said, and fulfilled her promise a week earlier than the agreed time, sending Roland samples of the "Romanova Anti-counterfeiting Money Printing Machine" and the "Romanova Money Detector".
At 10 Strasbourg Financial Street, the door to the small conference hall on the 4th floor is closed, and on a round table covered with a coffee-colored velvet tablecloth are two boxy magic guides, the larger of which is the money printing machine, and the only one the size of a dictionary is the money detector.
Nikita personally explained to the onlookers how the two new magic guides work and how they operate, along with two assistants, both of whom are old acquaintances of Roland. The girl in the black dress, who was handing out the instructions to the visitors, was petite and fair-skinned, wearing an exaggerated witch hat, and her beautiful little face often showed a shy flush, it was none other than Ajelina, the famous genius mage of Beacon Hill and the "black witch" of the Necromantic School.
Ajelina was defeated in the Rubik's Cube Island trial, and the Advanced Upanishads were taken away by Nikita, unfortunately failing to advance to the Archmage. Fortunately, this defeat did not destroy her friendship with Nikita, and her research direction is also "magic engineering", so she accepted Nikita's invitation to join her mage tower as a research assistant. Nikita was able to complete Roland's commission in just one month, and she couldn't do without the help of this "black witch".
Next to Ajelina stood a middle-aged mage with thinning hair, writing and drawing in a notebook, looking unusually focused. Garcia is the chief engineer and manager of the Magic Guide Factory in Beacon Hill, and Garcia is the chief engineer and manager of the Magic Guide Factory in Beacon Hill, which have been very popular in the Far Eastern market for the past year, and have made great contributions to the rapid development of the news and communications industry in the Far East. The "Money Printing Machine" and "Money Detector" commissioned by Roland to design will also be mass-produced by the Caron Wizard Factory, so Master Garcia temporarily joined Nikita's team to delve into the design details of the two wizards in order to achieve a seamless link from the lab to the factory.
The audience that came to participate in Nikita's "roadshow" was not small, led by His Majesty Rudolph, all the cabinet ministers were listed, Roland, the assistant to the prime minister and governor of the central bank, of course, could not be absent, and Katya, Antron and Orome were also given the opportunity to attend as the actual executors of the banknote issuance.
"The banknote printing machine is based on the magic typesetting printing machine, and the core module is loaded with an improved 0-ring spell 'Secret Seal', which can print a maximum size of 5×5 square feet of paper, which is equivalent to printing 200 banknotes at a time, and each banknote is marked with an anti-counterfeiting mark." Nikita said with a bright face.
"The printing efficiency is very high, so is the cost also high?" On behalf of the visitors, Rudolph raised an issue of great concern to all.
Nikita smiled slightly, her pretty face was full of confidence: "We tried the latest technology of magic engineering in the design of the money printing machine and the money detector, adding magic crystals to the machine to provide energy, replacing the conventional enchantment process, according to experimental data, on average, every 1 pound of magic crystal consumed can drive the money printing machine to print 10,000 times, and the cost of a single time is only 1 gold thaler, even if it is the smallest face value of 1 yuan silver thaler banknote, the cost is only equivalent to 1/20 of the face value!" As for the money detector, the magic crystal consumed is only equivalent to 1/10 of the money printing machine, which is not worth mentioning. ”
Roland raised his eyebrows and pretended to be surprised, and gave Miss Archmage a "commercial blow" at the right time: "The marginal cost of printing money with a money printing machine is only equivalent to 1/166 of the direct casting, which is indeed a great invention!" However, we also have to consider the fixed cost of upfront investment, and the cost of money printing machines and money detectors is probably not cheap, right? ”
Nikita took over the conversation quietly: "If you don't count the magic crystal, a money printing machine costs 500 gold taler, and the money detector is cheap, only 100 gold thaler, of course, this is only the cost of laboratory samples, if it is mass-produced in a factory...... It's up to Mr. Garcia's opinion. ”
"That's not a problem!" Garcia hurriedly put away the pen and paper, and in the face of the questioning eyes of His Majesty the King and His Royal Highness the Prince, he replied with a little nervousness and stammering: "The centralized procurement of steel and magic crystals by the factory can reduce part of the cost, and considering the scale advantage and assembly line operation, the cost can be reduced by at least 1/3." ”
Rudolph nodded with satisfaction, turned around and told Roland: "The issuance of paper money is nothing new, but from the perspective of historical experience, most of the countries that do this end miserably because of the loss of credit, paper money eventually becomes a worthless waste paper, to this day, although governments are clear that the issuance of paper money is an effective means of relieving financial pressure, but no one dares to take the risk, I have no objection to you trying to break the traditional taboo, but it is inevitable that there is some apprehension, in case of a mistake, the light will damage the government's credit, and the world will be in chaos, Roland, you have to be cautious! ”
Roland, of course, knows how dangerous the business he is planning is, which is like a gamble on the verge of suicide, where success will benefit immensely, and defeat will bring disaster to the country and people. His father's warning was taken to heart, but he was determined to take the risk and take responsibility for moving the wheel of history.
"Rest assured, I'm fully prepared."
In the face of his son's determined eyes, Rudolph didn't say much, just patted him on the shoulder hard, conveying unconditional support to this young man who was not afraid of heaven and earth.
Roland was indeed ready for the issuance of silver banknotes. As early as the day he commissioned Nikita to design and manufacture a money printing machine and a money detector, he convened a meeting of the heads of commercial banks across the country to inform the industry of the reality that the depreciation of the gold price was causing inflation. All of you at the meeting are big bosses in the financial industry, and they have long been aware of the recent rumors, and people often come to the door to seek short-term loans with high-quality assets such as shops, real estate, and treasury bonds as collateral, and specify that as long as they only need silver coins, they will run back to repay the loan in a few days, but the gold coins will be returned. Others simply brought large quantities of gold coins to the door and asked to exchange them for silver coins. The gold and silver exchange business was extremely active, which led to a shortage of bank positions and a sharp increase in interbank interest rates, so they had to turn to the central bank for help.
At this point, even a fool can detect signs of speculative arbitrage. Today, His Royal Highness the Prince convened a meeting of his peers, which in fact confirmed the concerns of the bankers: due to the continuous depreciation of gold, the real price of gold to silver in the market has fallen to 1:9, while the official price has remained unchanged at 1:10; Speculators come to the bank, use various assets as collateral, borrow silver taler at the official price of 1:10, and then sell silver at a price of 1:9.1~9.5 on the black market for gold, and then use gold to repay the bank loan. After the fact, the loan interest and transaction costs are removed, and the speculator can make a lot of net money - this is the so-called "risk-free arbitrage".