Chapter 7, Constant Value Energy Currency
After the founding ceremony, the empire was officially established, for this nascent empire, the test has just begun, whether it is the emperor Li Fu, or the imperial cabinet prime minister and other cabinet ministers have begun a busy life, although the empire was established, but all aspects are still not yet formal.
With a huge population of tens of thousands, the transformation from the original system of a company to a country, and also has two huge living planets, sitting on the entire Centauri galaxy, there are many problems to be faced.
The Imperial Palace, the area is not large, covering an area of tens of thousands of square meters, it is the only one in the entire empire that is different from other residential houses, and it can be regarded as the special treatment that Li Fu only has as the emperor, and the others, even the Imperial Cabinet Prime Minister Fang Zheng, live in a villa with unified planning like ordinary people.
Because of the time relationship, the palace was built roughly, and there was no splendor, luxury, etc., and even it was simply painted, and the decoration was very general, but the cleaning was very clean.
In the back garden of the palace, it is the summer of the Yellow Star, because the revolution is very long, it takes more than 2 years for the Yellow Star to make a revolution, so every season on the Yellow Star is longer than on the earth.
The scorching summer has lasted for nearly half a year, and Chang'an City is shrouded in a heat wave, only the giant leaf trees are very cool underneath.
Giant leaf tree, a tall tree native to Yanhuang Star, can grow to hundreds of meters high, the trunk is very thick, and it can grow to a diameter of more than ten meters at will, of course, this number is a little insignificant compared to the tall trees in the primeval rainforest above Kyushu Star.
But this megaphyll tree has another characteristic, that is, its leaves are very large, a leaf is enough to square the size, plus the leaves are dense and the trees are tall, so in summer, its dense foliage will form a large area of very shady.
This kind of giant leaf tree has become one of the most favorite plants planted by the primitive indigenous orcs on the Yanhuang Star, and those who enjoy the shade know that the coolness under the shade is not comparable to the air conditioner at all.
There is also a vintage giant leaf tree in the back garden of the Imperial Palace, at this time, under this giant leaf tree, Li Fu, Fang Zheng, Zhong Yun, Cao Haitao, Yang Yiping and the high-level officials of the empire gathered together, while enjoying the coolness provided by the giant leaf tree, enjoying the delicious fruits from Kyushu Star, and discussing national affairs.
"Tsk, this giant leaf tree is really good, take a nap under the tree or something, it must be very comfortable, and I will plant one in my back garden when I go back."
Cao Haitao felt the cool wind in the shade of the trees, which was really a pleasure on this hot summer day.
"It seems that your work in science and education is very easy, and you still have time to sleep, but I'm so busy now, I can only sleep for 6 hours a day at most, and I don't have time to take a nap."
When Zhong Yun, the Minister of Finance of the Empire, heard this, he smiled bitterly again and again, since this period of time, he has been really too busy, whether it is the army, the government, the Academy of Sciences and other institutions and units, etc., they are all looking for him to ask for money and resources, who called him the Minister of Finance, without money and resources, he can't do anything.
But now the empire's economy has not yet been regularized, and even its own currency has not yet been issued, everything is still implemented according to the planned needs, there is no market economy at all, everyone does not have to pay to buy things in the supermarket, everyone has no salary income when they work, and so on.
It doesn't matter in a short period of time, but it definitely won't work in the long run, this time everyone gathered together, and it was also proposed by Zhong Yun to gather everyone to discuss how to make the empire's economy regular, in fact, the most important one is to issue its own currency.
If there is no currency, there is no way to start the economy, only after having its own currency, everyone can get income from work, pay for things, etc., and the whole economy will quickly become normalized.
"Lao Zhong has been tired recently, and this time I called everyone over to discuss major matters about the empire's economy, we must let the empire's economy become normal as soon as possible and restore normal economic order, and the core point is that we must issue our empire's own currency as soon as possible."
Fang Zheng is also tired, being the Prime Minister of the Imperial Cabinet is much more tired than being the CEO of the company, there are more things to consider, more comprehensive, plus the empire is newly built, all kinds of things are waiting to be rebuilt, there are too many things, just to form a complete government agency, and let the agency run has already made Fang Zheng's side busy and dizzy, not to mention all kinds of other things.
"Old Zhong, can you tell me about your plan first?"
Li Fu nodded after listening, and said to Zhong Yun, Zhong Yun is the Minister of Finance, and he must be very familiar with this part, at least he should know something, better than other laymen, such as how much money should be issued, the size of the face value of the issuance, etc., these all need to be operated by professionals, and it is difficult for laymen to do a good job.
"Money, as the core of commodity exchange and social and economic circulation, is an indispensable thing for the modern economy, and money itself has no value, but we artificially assign it value and let it be used as a general equivalent to promote the circulation of trade in goods and economic development."
"In ancient times, currency was generally used as precious metals such as gold, silver and copper, but in modern society, with the rapid development of the economy, gold, silver and copper can no longer be used as currency, so credit money was born."
"Therefore, it is a credit currency, which refers to the credit of the country as a guarantee, and the paper money issued can be worth how much it can be used for trading, but this kind of credit currency is generally to have gold to reserve, and the currency without gold reserves can also be forced to circulate in its own country, and put it in the world, and other countries will not buy it."
"So before discovering currency, we must first determine what to use as a currency reserve, the earth generally uses gold as a currency reserve, Uncle Sam's currency was once able to be used as a world currency because Uncle Sam has the world's largest gold reserves, which is a very important reason."
Zhong Yun nodded, and then began to slowly talk about currency-related knowledge, so that the people around him who didn't understand currency knowledge nodded one after another, and they also had a certain concept of currency.
"Oh no, we don't have any gold in our hands!"
When Yang Yiping heard this, he immediately shouted, he heard that the issuance of currency actually needed gold as a reserve, and he came from this side of the earth and brought everything, but he didn't go to the gold.
"It doesn't necessarily mean that you have to use gold, generally as long as it is a precious metal, of course, gold is the most suitable, because it is scarce in production and high in value."
Zhong Yun smiled and continued to explain.
"I remember that the currencies on this side of the earth are constantly depreciating, right? What's in it? ”
Fang Zheng kept thinking about it in his mind, thought of this question, and hurriedly asked Zhong Yunlai.
"Well, that's right, no matter which country's currency is on this side of the earth, it is basically constantly depreciating, even the once strongest dollar, has not depreciated for a long time, but this is only relative, in fact, it is also constantly depreciating, but the depreciation is very small, plus Uncle Sam's economy was very prosperous at that time, so this depreciation is not visible at all."
"The reason why all countries in the world will continue to depreciate their own currencies is actually a very profound truth, human productivity, production efficiency has been rising, and the result is that the supply of goods is becoming more and more abundant. If the money supply does not increase but commodities increase, then the purchasing power of money rises, that is, commodity prices fall abnormally, corporate profits fall, people's incentives to invest decrease, and then enterprises reduce the scale of production, and workers begin to lose their jobs. ”
"At this point, it's more rational to keep holding the currency, because it's getting more and more valuable over time. In this way, it will further lead to a decrease in market demand, so there is deflation. ”
"Severe deflation is a devastating blow to the market, and the best investment object in the market is the money itself, and the money will be withdrawn from circulation in large quantities, and the commodity will lose the general equivalent of "money", and the result is that the transaction becomes very difficult. ”
"A moderate currency depreciation will reduce people's willingness to hold money all the time, promote market transactions, and thus lead to economic prosperity, while continued currency appreciation is not conducive to market transactions."
"Of course, these are some of the benefits brought by currency devaluation, in fact, currency depreciation also has a role in reducing the government's financial burden, and the wealth in the hands of the people can be taken away invisibly."
Zhong Yun thought about it, sorted out the language, and then began to talk about the knowledge related to currency depreciation, so that everyone who had never understood why currencies always depreciated suddenly realized one by one.
"So, we think we're going to depreciate the currency in the future?"
Fang Zheng frowned when he heard this, relying on currency depreciation to plunder the wealth of the common people, such a means is really not a means of seeing the light, because he has heard too much, too many similar things, some farmers only know how to save money blindly because they don't know how to manage money and the like.
Originally, a few thousand yuan a few decades ago could play a big role, but after decades in the bank and wanted to use it for the elderly, I found that these thousands of yuan were insignificant at all, and you can imagine how terrible the degree of currency depreciation is to plunder the wealth of ordinary people.
"Our currency will never depreciate, and if the government has no money, it will cut back on spending, fiscal resources, taxes, etc., but it will never pass on the fiscal burden through currency depreciation."
Hearing this, Li Fu also opened his mouth and said conclusively, as a rural person, Li Fu is very clear about the views of ordinary people at the bottom on money, especially in rural areas, ordinary people themselves work hard, are reluctant to eat, and are reluctant to wear to slowly save money, put it in the bank for decades, and only after getting old do they find that the number of these money has not changed, but its value has long been far away.
Li Fu has seen and heard the old people in the village crying with his own eyes, and the old people can't figure it out, obviously it's all money, why this money is becoming less and less durable, in the past, a dollar could buy a lot of things, but now it depends on what kind of water it is to buy a bottle of water.
The people at the bottom have too little information and investment channels, etc., and they want to save money, because they feel that the more the number is, the more wealth they have, but they don't know why this money has been getting less and less valuable, and the blood and sweat of a lifetime of hard work have been plundered cleanly.
Hearing Li Fu's words, everyone present also nodded one after another, they were all children from poor families, and they all knew some things about Li Fu and had heard of some things.
"So what exactly do we use as currency reserves?"
Zhong Yun thought for a moment and shifted the topic back.
"We are a new empire, and we will also develop into the stars of the universe in the future, so I think we can also abandon some of the previous things and innovate when issuing currency."
"Since we don't have gold reserves in our hands, then we can use something else, such as using energy as a reserve, and we issue a constant-value energy currency."
Li Fu thought about it for a long time, and slowly spoke, telling the experience of the super civilization Dahan Science and Technology Empire, the powerful civilizations in the universe generally use energy currency.
Because the reason is very simple, civilization has developed to the stage of interstellar and cosmic civilization, and all kinds of spaceships, aircraft, etc. will be popularized, and slowly even to individuals, and these all require energy, so it is quite appropriate to use constant energy currency.
And because the universe is too vast and vast, and the territory of some huge cosmic civilizations is very vast, if this currency is constantly depreciating, the impact on the economy will be very huge, but the constant value energy currency can better promote the trade and economic circulation of various regions between the stars and the universe, because everyone does not have to worry about the currency will depreciate when holding the currency.
Even if you cross the ocean and spend several years running to other other galaxies to do business, you don't have to worry about the currency in your hand being worthless, and you can rest assured that you can go to the universe to do business and trade.
"Constant value energy currency?"
As soon as everyone heard Li Fu's words, their eyes widened in an instant, because this was something they had never heard of before, and the constant value currency could be understood, this energy currency, everyone heard it for the first time.