Coins are not a completely new thing for dwarves and elves.

This handy tool had already been used among mortals long before that great war. As a novelty to facilitate trading, the coin itself is naturally a good thing. However, when they spread, some people with ulterior motives tried to profit from them through shoddy means.

They succeeded in doing so, because of the shoddy craftsmanship that was easy to imitate, bad coins, **, and the rise and fall of the city-state, which had made the dwarves and elves, who lived far longer than mortals, full of resistance to this rather novelty. Even the unproductive orcs preferred to barter primitive ways with cunning human merchants, which shows how unpopular their chaotic monetary system was in those turbulent times.

Even the most honest dwarves know that one of the most important indicators of mortal coins is their purchasing power. And the premise of ensuring the stability of the purchasing power of a currency cannot but involve its credibility.

To put it simply, it's how do you get everybody to buy it?

"You want to believe that your intentions are good, Your Highness, but how do you ensure the value of this new currency and the stability of its value?" a clear-headed Elven Ranger asked a question that most people were very concerned about.

"The basis of the new monetary value was initially based on the credibility of our Andrari. The willingness of people to believe in us and their willingness to try to use them is your greatest support for us. As for how to maintain the stability of its value, it is a very complex issue......"

"But in front of you, I can first reveal what we might do in the future. ”

"First of all, Andrari will build a new deep-water dock on the banks of the Emerald River to ensure that the goods of the elves and the Limestone Clan can be transported through this waterway. Andrarui's in-demand merchandise can also be transported into the Whispering Forest and the Limestone Clan's territory via this highly-anticipated shipping route. ”

"For the production of Andrarui, such as 'green amber', various sauces, steel tools and weapons, and other goods produced by our organization, we will first set an 'intended price'. Why do I call it an 'intention price' because it's just a theoretical reference standard......"

"As a simple example, we price a standard jar of green amber at twenty copper coins. But if it's out of stock because it's so popular, we'll gradually increase its price...... Twenty-one copper coins, or twenty-two copper coins. Until we maintain a rough balance between supply and demand, that is, if everyone thinks it is too expensive, we will gradually lower its price until everyone is willing to accept the price and there is a slight surplus in stock. ”

In fact, the dwarves are still a little worried about the price of Andrari's distilled liquor, after all, the "Hundred Flowers Liquid" that is better than it can be called in short supply, and the dwarves who are addicted to alcohol want to get a bottle of treasured elven wine, and more often rely on their luck. After all, this precious wine not only has a long production cycle and low production, but even the elves themselves like it very much, and most of the time even if you want to buy it, they may not be willing to sell it.

André's promise reassures most of the dwarves. If it's really too expensive, can they not buy it, but His Highness promised in front of everyone that he would take the initiative to reduce the price! Although the initiative to control the price has always been in the hands of Andrarui, this group of simple people has become very trusting of every word that the children of the abyss say after a few months of getting along.

This is the personal charm of a good leader.

If you are really greedy, it is a big deal to brew it secretly, Andrarui has no intention of keeping the distillation brewing method secret at all, which is one of the reasons why the dwarves are willing to believe in these demons. As long as he doesn't take it out and sell it, His Royal Highness should not pursue this kind of private behavior.

Although there is no such thing as "intellectual property" in this world, these dwarves are willing to consciously abide by these rules about secret recipes and the like because of their own moral standards. Blacksmiths' unique methods of forging are usually not passed on, and even if you learn about someone else's skills through some means, spreading such secrets for profit without the permission of the master will be despised by all dwarves.

"We all want to believe in His Highness's promise, but how are you going to deal with those who have ulterior motives and want to play with new coins?"

In fact, the way to prevent this vicious destabilization of the currency is not as complicated as one might think, in short, it is to raise the cost of imitation and establish a strict legal system.

In an age when elves and dwarves were still guiding the people with morality and charisma, it was difficult for the law to deal with speculators outside of Andrarui. However, the Children of the Abyss have already made up their minds to establish this important system in the future, but for now, increasing the cost of counterfeiting is undoubtedly the most direct and effective means.

"Everyone knows that elf friends have a passion for beautiful things, and they care more about crafts with artistic value than food and wine. What if we minted Andrari's currency into a beautiful work of art and collectible value?"

"The craftsman who can imitate this coin may even make more money by selling other things by his craft!" said a keen person who had already guessed Andrei's train of thought. People understand the simple truth that rarity is precious, and if you have the ability to imitate it, will you not make money to make some more rare works of art? As long as the difficulty of making money itself is far greater than its own value, probably no one will go out of their way to do such a thankless task.

As for the cost of Andrey minting money...... No one else had thought of such a far-reaching problem except for himself, and the confidence of the Children of the Abyss to make the Emerald Valley a commercial center was mainly due to the industrial production methods he knew, and the traditional handicraft workshop undoubtedly had no competitive advantage in the face of efficient industrial production processes.

The only question for people at present is whether the kind of fine coins that André spoke of as fine as art can be realized, and even the spirits, whose needs for spirit are much higher than those of material, have developed a certain interest in Andrei's new currency, which has not yet been born.

"As for the specific remuneration issues that are closely related to everyone's vital interests, I can only provide a general direction. That is, it is paid according to the amount of labor, according to the type of work...... For example, the manual work that every cowardly demon can be fully qualified for may be slightly lower than that of craftsman and chef, and some jobs such as cleaning or dredging drainage systems and transporting manure will be appropriately increased because everyone is reluctant to do it. ”

Speaking of this, the people in the audience laughed good-naturedly again. Almost all of them thought that elves would never want to do something like that.

"And the same work, on the premise of ensuring quality. Those who do more are paid more......"

"Your Highness, what standard should be used to ensure the quality you are talking about?"

"That's a good question...... If you do worse work than most people, then sorry, those bad parts probably won't be counted. If there are bad consequences caused by not doing a good job, such as the house collapsing for no reason, not only will a high fine be imposed, but the consequences will be severe!"

These practices, which are so common in industrialized societies, are intriguing to those who have never been exposed to them. In any case, Andre has planned for the future beyond most people's imagination, and there is a general optimism about what the future holds.

And the great druid, who had just sent off His Royal Highness Roshan in the audience, looked a little complicated.

The children of the abyssal are more thoughtful about their future than Udion's own. He understood that André's apparent reason for doing so was to give back to the craftsmen who had helped him build his valley home by means of profit, and to bring them closer to Andrari.

As for the more far-reaching consequences of these measures, Yudeon can only speculate on some one-sided possibilities, and more probably only through constant observation to speculate on the possible future direction. After all, no one is a prophet of foresight.

It's just that if these rules and methods weren't slowly developed and handed down from the Demon Realm...... Then the son of the abyss, who proposed these plans, whether he succeeds or not, is enough to be called a natural leader like the chosen one.

His future achievements may not be inferior to that of Her Royal Highness the Eldest Princess, who led the elves to victory in the last war.

What's more, he still looks so young!