Chapter 497: Schönbrunn Coupon (II)

The number of staff at the exchange outlets is limited, and the exchange speed is naturally not much faster.

If hundreds of people do come and ask for a redemption, let them be mentally prepared to wait in line for a day - Luo Ming will also intimately ask the staff to stay away from overtime and leave work on time, so some people will have to wait until the next day.

Most of the time, if you wait so long and see that the previous group of people got the gold and silver, the people in the queue behind will also calm down and think about losing 5% if you exchange gold and silver, and they will give up.

Even if they still have to exchange it, relying on this trick can delay a lot of time, and Luo Ming can also transfer money from elsewhere, or think of some other way to come out.

As for the situation where a small number of people come to run on a large number of Schönbrunn coupons...... If there are a large number of Schönbrunn coupons, Luo Ming can refuse to redeem them immediately on the grounds that the other party has not made an appointment.

If the other party is still messing around, Luo Ming will simply arrest the other party on charges such as "disrupting the financial order" and give him enough time to calm down in prison.

In short, in this way, Luo Ming was equivalent to an extra 200 gold coins, 6,000 silver coins, and 170,000 copper coins, a huge sum of almost 1,000 gold coins.

Although people outside the territory will not accept Schönbrunn coupons for a while, as long as the people in the territory accept Schönbrunn coupons, it means that Luo Ming can save a large amount of real money that was originally paid to the people in the territory, and then use it for external purchases, which is equivalent to adding a large amount of foreign exchange.

On the surface, this will lead to the loss of gold and silver in his territory, but in fact, as long as the credit of Schönbrunn coupons is established, the people's demand for gold and silver will decline, and even people around the territory will start to use Schönbrunn coupons, and finally, many people will regard Schönbrunn coupons as real money and silver, called "paper gold".

At that time, Luo Ming issued an order to prohibit the people from holding a large amount of gold and silver coins, and they must be handed over to the bank to exchange them for paper money, and then close the channels for converting paper money into gold and silver coins.

Of course, the issuance of paper money also has to face a problem, that is, counterfeiting - even in the 21st century, counterfeit money is repeatedly prohibited, and many criminals can be caught every year.

But now the conditions of Luo Ming are better than they are in the twenty-first century on earth.

The paper used to make banknotes is unique in the world, and even if someone else imitates the writing paper in the future, and then finds out the recipe for the banknote paper, Luo Ming still has one last hurdle to stop the counterfeit money - that is, the watermark.

In the modern currency of the earth, some patterns that are usually invisible can also be seen through the light, that is, watermarks. It is added to the paper surface at the time of papermaking, and is essentially pressed out of different thicknesses on the paper by a special roll, which naturally makes a difference when transmitting light.

Even if these two lines of defense are breached, it will be many years later, and at that time, Luo Ming will naturally further improve the banknotes and add more anti-counterfeiting measures.

At that time, even if someone still makes counterfeit money, it is unlikely that it will have too much impact on the entire financial order, because he will definitely rule a larger territory at that time, and the basic market will be larger, and the ability to resist risks will be stronger.

The use of Schönbrunn coupons, which are called bank bills, which are actually paper money, can also increase the amount of money in the hands of the people, although this is equivalent to a certain amount of inflation, but a small amount of inflation actually has a lubricating effect on the market, and the people have a little more spare money in their hands to spend, and the whole market will be much more active, and the people will be happy, which is no harm to Luo Ming.

Of course, if there is too much inflation, something will definitely happen, and the golden yuan coupon of a certain party and the Republic of China regime has completely become a huge joke, and it can be said that as long as you are a person from the Celestial Empire, you will not forget it.

Therefore, Luo Ming naturally keeps an eye on this, and he does not see the need for him to rely on super inflation to loot the people's wealth - in this era, the people's wealth is only a little, and if it is looted, it is not very useful, but very harmful.

Perhaps Luo Ming's image in front of the people has always been good, although people have doubts about such an unfamiliar thing as Schönbrunn coupons, but most people still accept it appropriately, although some people change hands and exchange it for gold, silver and copper coins, but after others see that it can really be exchanged, they temporarily trust its value and do not exchange it.

The 5 percent exchange tax may not seem like much, but it does prevent many people from redeeming Schönbrunn coupons, and in this regard, it creates much more hidden value than the money collected by this tax.

Some rich peasants and small landlords in the territory also regarded the Schönbrunn coupons as if they were passbooks, and took the initiative to take some gold and silver to Luo Ming to exchange them for Schönbrunn coupons.

In their opinion, the vault of the "Schönbrunn Central Bank", opened by the lord, was far safer than their own pitiful cabinets and cellars.

Of course, it cannot be ruled out that this may be a kind of flattery - to show that he actively supports Loming's policies to show his loyalty.

Although there are occasional incidents, in view of the small amount of Schönbrunn coupons that were initially outflowed, those small incidents were easily settled, which constantly increased the confidence of the people of Schönbrunn in Schönbrunn coupons.

The gold and silver squeezed out through the Schönbrunn coupons were used by Luo Ming as foreign currency, and he bought necessities such as iron and perfume bottles from the outside to make goods, and exported them to the Silk Tea Road in the northwest in exchange for some local specialties and cheap silver.

The specialties of the Silk Tea Road were brought back by Luo Ming, and some of them were sold in the principality after secondary processing, earning a lot of gold and silver coin profits, and then returned to Luo Ming's vault, or invested in infrastructure construction, or spent as foreign exchange, starting the next round of circulation.

A virtuous cycle was created, and by mid-June, over a period of two and a half months, it had added about 486 gold coins to Lockin's revenue, a figure that was expected to accelerate as the virtuous cycle strengthened.

In the end, it will probably reach the level of 600 gold coins per month, and this cycle will come to a standstill, after all, the digestion of the market is also limited, but that is already quite a remarkable thing.

The Silk Tea Road is smooth for about eight months a year, and you can get a huge extra income of 4,800 gold coins a year!

The Barony of Miana in Charlotte next door only has a gross income of six hundred gold coins per year, and there are many places to spend money, so it is good to have two or three hundred left.

The Earl of Mount Conle, whose gross income is estimated to be less than 4,800 gold coins per year, is even less.