Chapter 371: He Hao's Monetary Philosophy

One of the ways to revive the economy is to issue a new currency. Of course, the goods that go with the currency are also indispensable.

The reason why He Hao hoarded a large amount of precious metals was to have enough capital to smelt new currency, and he thought about it and used the old types of currency - gold, silver, and copper!

On the way back to Tenglong Mountain, He Hao carefully weighed and formulated the most ideal exchange rate and a unique identification appearance. And after arriving at the destination, the casting is carried out as soon as possible.

After the 2g fragmented red copper and a small amount of black iron were thrown into the automatic production line by He Hao, Raven designed an electronic drawing according to his idea, and the first copper coin in the last days was born.

The crunch of metal hitting the ground echoed in the production room, and He Hao picked up the copper coin to check: it had the most perfect circle, with a diameter of 25mm, a thickness of 4mm, and a weight of 9g. Because it was mixed with black iron before, the color is very thick, and when placed on the ground, it looks like a blood stain that has been solidified for a long time. The obverse of the copper coin depicts the majestic Tenglong Mountain, which is lifelike and has a concave and convex texture to the touch. The pattern on the back is a very peculiar bird, very similar to a crow, but the tail hangs down very long, and the wings are stiff and upturned, like a falcon. The head is particularly special, with a string of three eyes arranged on one side; The beak is like a long hook - this bird is known as the mythical 'six-eyed bird' - the raven!

According to He Hao's wishes, in addition to the abbreviation of 'copper coin', it also has the full name of 'Xiaoshan copper coin'. All in all, the design of the copper coin made He Hao very satisfied.

With copper coins, silver coins are also essential.

In order to ensure the fidelity of the currency. The material used for the silver coin is 90% silver and 10% rare metal. This blending ratio is designed to increase the hardness of the coin and to ensure that it does not wear out easily – it is 30mm in diameter, 5mm in thickness, and weighs 21.6g. The color is hard and bright silver, and the reflectivity is very high. The texture is extraordinarily hard and can hit a 'buzzing' vibrato. The front of the image shows a glorious base car running through the snow, showing its full view from the side and looking down. The back is still a raven. It is simply called 'silver coin'. It also has the full name of 'Silver Triumph Coin'.

On top of the silver coins, there are gold coins.

Gold coins are made of 99% gold and 1% memory plates. This blending ratio is designed to ensure the plasticity of the gold and make it easier to identify the texture, such as a bite mark with a tooth, which can be restored after a few seconds. In addition to this identification point, the second is that it is capable of trembling and humming when it is close to strong magnetic matter. It has a diameter of 38mm, a thickness of 5mm, and a weight of 35.5g. The color is dark gold, and there is a line of tightly inlaid bright gold on the side rings, which is the third identification point. The obverse pattern of the gold coin is He Hao, who is wearing ink and mapping, with both hands holding a thousand killing blades standing in front of him, and the whole figure pattern is clearly recognizable, with a strong sense of concave and convex. The portrayal and real appearance of the palm part of the mechanical hand are all entered at 1:1, which is also the fourth identification point, and the back is still a raven. Overall, the four identification points of the gold coin cannot be imitated. This ensures that the circulation of gold coins is controlled only by He Hao himself. In addition to the abbreviation of 'gold coin', it also has a full name - Tenglong Gold Coins.

He Hao carefully observed these three currencies, and said with a broken thought on his eyebrows: "Why didn't I expect that I would also have a day printed on gold coins." ”

What is more difficult is how to balance currencies than to smelt them, that is, to determine their denomination and exchange rate.

He Hao learned from the raven about the precious metal reserves in the central warehouse: 5,049.22 tons of red copper. 1,054.56 tons of silver. 516.45 tonnes of gold. After consulting with the raven, they determined their balance of checks and balances!

1g Energy Crystal Bead = 1 Copper Coin

500 Copper Coins = 1 Silver Coin.

10 Silver Coins = 1 Gold Coins.

The three currencies are not simply and directly incrementing but rather tiered exchange rates for three reasons.

One. In the last days, the price is based on the 1g crystal beads of '1'. And high-level zombies produce crystals ranging from 25g to 100g. Therefore, the role of copper coins is to replace people's concepts and reformulate the basic norms and standards of '1'. This is a top priority in the monetary concept.

Second. Food, fresh water, and bullets in the post-apocalyptic world can be used for basic needs in copper coins, and silver coins can be used for large purchases. For example, if you buy a gun or equipment worth 2000, you will be able to get it for 4 silver coins. Instead of needing 20 coins in the case of "1 silver coin = 100 copper coins" - it would be very foolish to deviate from the monetary idea of 'less instead of more'.

Third. No matter how big the shopping in the last days is, it is vehicles, such as modified motorcycles and modified cars. The cheaper of this kind of thing is 4,000, and the expensive one can reach 50,000. When the price breaks through the '10,000' unit, you can easily get it with gold, such as a Tier II combat modified car worth 20,000 yuan. 4 gold coins are sufficient. If you double it, that's only 8 pieces. But once you continue to use the exchange rate of '1 gold coin = 100 silver coins', you can also buy a modified car worth 40,000 yuan, but only need most of the gold coins, do you want to use the gold coins in two? If you don't use gold coins, but silver coins to pay for them, then what is the point of gold coins?

Therefore, the hierarchical exchange rate is the standard that regulates the existence of different currencies. And the incremental exchange rate can only be used as a panel amount for easy viewing......

He Hao redefined his own currency, which seems to be more cumbersome than the new currency, and not as practical as the new currency, but its meaning is completely different. Think about it, if a power cannot have its own monetary and financial foundation, and all the prices of materials are completely controlled by other forces, then can this power still be considered independent?

On the contrary, if the currency of one power can be recognized by other forces and become a check and balance, then any financial changes of this force can easily break or even disintegrate a certain force while pulling all forces.

That's the terrible power of money! It is a war without gunpowder!

Copper, silver, gold. After these three currencies have a physical item and a virtual exchange rate, they can basically really define their existence, and the last point is - the issuance!

Circulation is a terrible idea. Take care of it, and everything will work properly. Once the excess is exceeded, even a little bit can cause a butterfly-effect imbalance. Inflation is the end result of the imbalance in issuance. Of course, it is also not advisable to cause deflation – all in all, the issuance should be chosen carefully.

Therefore, He Hao decided to use the 'Brilliant Fortress' as an experimental site first. Conduct the first trial issuance of currency.

He Hao uses 6% of the precious metal reserves to be melted and castβ€”β€”

Gold coins to be circulated: 10,000 (equivalent to 50 million commodities): Level 2 check and balance basis, equivalent to the total amount of pre-produced self-held commodities.

Silver coins to be in circulation: 100,000 (equivalent to 50 million commodities): Level 1 check and balance basis, equivalent to the total amount of pre-produced self-owned commodities.

Copper coins in circulation: 50 million (equivalent to 50 million commodities): countermeasures, the total amount of pre-produced self-owned commodities equivalent.

Because of the difference in denominations, currencies of different denominations had to be minted in equal quantities of goods – and then copper coins and then silver coins. Once the market is formed. Finally, gold coins are injected to form a complete currency circulation cycle.

Of course, He Hao must also produce 50 million worth of self-owned goods while circulating 50 million copper coins. At the same time as the circulation of silver coins, the number of self-owned goods needs to be increased to 100 million. When the gold coins are finally circulated, the number of self-owned goods will need to reach 150 million.

In short, money is not created by itself, and it takes more energy to balance it......

He Hao still has a long way to go, really long......

(End of chapter)