Chapter 39 New Monetary Policy

As more and more natives were forcibly relocated and stuffed into various 'communes', the indigenous population under kobolds had risen to 40,000. Pen × fun × Pavilion www. biquge。 info

Under the leadership of Xu Ping'an, a group of elite dog heads and many obedient natives racked their brains to make a set of systems like cats and tigers when the Celestial Empire was first founded.

Nowadays, not only dozens of agricultural communes, herdsmen's communes, etc., have been formed, but also several factories have been set up - such as soil cement factories, textile factories, salt works, and so on.

There are also various other guilds: carpenters and blacksmiths, as well as a few other sporadic guilds: woodcutters, itinerant peddlers, entertainers who have been juggling for generations, and so on.

Moreover, there is a solution to the economic system -- in one step, the official issuance of currency! and then change the long-standing ration system of the kobolds into a set of wages plus food stamps, industrial products, textile stamps, and so on, and then pay the kobolds wages, which is as simple as that......

In fact, the hardest work is behind the scenes. I don't know how much work has been done just by counting the total output of materials......

Of course, the kobolds are now considered employees of "state-owned enterprises", and the products of the factories are all internal circulation, a purely planned economy.

And those indigenous associations are a bit of a social enterprise. Some of them are unified supply and marketing, and they don't have to think about sales. But there are also some associations that let them pay for their own profits and losses, such as many blacksmiths and carpenters' products, so they can only open their own shops to sell.

And the formulation of the currency itself has also wasted a lot of effort......

Everyone really didn't have much experience with this, and paper money didn't dare to think about it, so at first I honestly referred to the experience of the European side, and then everyone went crazy - it was too messy!

If you list the monetary policies of various major countries, hundreds of thousands of words are trivial. I can only succinctly say the general law of the nations:

The king issued a set of "gold, silver and copper coins", and stipulated the face value, size and weight, etc., and took out the exchange rules, and then began to mint coins.

The first batch of currencies are generally high in gold content and the best in fineness, and then one generation is not as good as the next, and the last new currencies are often of negligible gold content and have become junk money completely.

Everyone took the best currency to press the bottom of the box, and then used the junk currency to buy vegetables on the street, for fear of smashing it in their hands.

Occasionally, someone has to trade with good currency, and it is impossible to have the same purchasing power as junk money, and no one is stupid!

So in fact, these currencies of different ages have the same denomination, but their actual purchasing power is completely different! They are generally in circulation at the same time, and there is a series of exchange comparisons between them.

After some years, the new king could not stand the deceitful monetary system, and re-issued new gold, silver and copper coins, came up with a new set of regulations, and then began to mint coins again, and at the same time collected all kinds of old currencies at a certain price, and melted them down to mint new coins.

As a result, the quality of the new currency will inevitably be inferior to the next......

Next, it's a process of looping through the above process.

In short, the same kingdom often circulates more than N currencies of different values, with different gold contents according to different eras, and the exchange rules are messy, making you vomit blood.

China's dynasties are better, because the rules of all dynasties are almost the same, and whoever plays out of the circle will be scolded, but there are always more difficulties than methods, and there are always emperors who can't help but mix water, so in the end they still made a mess of 'iron money', 'thin money', 'ten money' and the like.

And that's just a matter of within one country. The problem is that the currencies of different countries circulate with each other at every turn, and they become a mess.

In particular, some countries have stable currency values and high gold content for decades, and people in neighboring countries are not willing to use their own country's water money to use their country's coins, so it is even more chaotic......

It's a headache when things get to this point, but it's not over yet.

With the discovery of the New World, the huge silver mines in North and South America began to be developed one after another, and as a result, the value of silver coins began to depreciate again...... But with trade with China, sometimes the price of silver rises again......

Everyone has studied the European monetary system for a while, and they have said: I am very irritable, I want to vomit blood!

In the end, after discussion and discussion by the traverser, it was decided to go to his uncle's European financial system!

Everyone summed it up and felt that casting was too troublesome, so we stamped it directly! The shape imitated the Celestial Empire steel hammer brought by it, and the internal pattern was changed to make a gold, silver, copper and iron four-level currency system!

The kobold tech tree has climbed to the present, and it does have a perfect coinage technology - there is excellent and stable crucible steel, and there is no problem with the mold of coinage. The lathe technology is also developed, and the forging hammer with a pressure of several hundred kilograms is completely made.

Not to mention precious metals, there are countless piles in the warehouse for a long time, because kobolds don't have the concept of money, so they don't need this thing at all. And even if it is not enough in the future, it can still sell arms to the Portuguese.

In the end, everyone came up with a 'Doug White Company Standard Currency', which is measured in yuan, and one dollar is about equivalent to 0.6~0.7 pounds of silver.

This thing is called 'Doug Yuan' by ourselves.

It soon spread to the European continent with the undisciplined arms trade, and in order to avoid confusion, most of the European countries called this new currency the Demon Yuan, or the Dragon Yuan.

The highest level of 'Doug Yuan' is, of course, a gold coin weighs 20 grams and contains 80% gold, which is equivalent to 10 yuan.

The front pattern is a dragon holding the earth, and the reverse side is a bunch of numbers and words, and then the lace is copied from Grandpa Mao.

The next level is silver coins, each weighing 37.5 grams, containing 75% silver, which is converted into one dollar. The obverse depicts a Barbary lion and an astra brown bear, surrounded by two crossed cannons.

In fact, 37.5 grams is equivalent to the 'one or two' of the Ming Dynasty, and everyone still expects that one day, they will return to their hometown to reverse the Qing Dynasty and restore the Ming Dynasty!

However, such a coin was so heavy that it could have smashed a toenail if it fell to the ground. So a lightweight silver coin was developed:

A small silver coin weighing only 4 grams contains 75% silver.

It is in the shape of a copper coin with an outer circle and an inner square, and the pattern is several kobolds, holding a variety of weapons. This small silver coin has a denomination of one cent, and ten cents is worth one dollar.

Finally, there is the copper coin, which is completely imitated by the copper coin of the Ming Dynasty, but the weight is only 5 grams, the copper content is 75%, the denomination is one cent, one hundred cents is one cent, and one thousand cents is one yuan.

Next, a 'steel coin' will be developed......