The ancient and sacred Covenant of Thor will surely collapse?

The shocking views were difficult to accept for a while, and even Sylvia had a serious expression. Victor said unconcernedly, "My inference is derived from the actual situation of Randall. As we all know, with the development of new agriculture and animal husbandry, Randall's products have increased, and the construction of public transportation has brought prosperity to the market. However, currency shortages have become an important impediment to trade. On the weekly rest day, the hired workers finished their services at the church in Pinghu Town, and they went to the market with a large amount of copper soles to buy daily necessities, but because the shops could not make change, they adopted the method of bundling sales, but the hired workers did not want so many goods, so they preferred not to buy them, so that there was a phenomenon of hired workers buying in teams. He shook his head and said, "But it's inconvenient, many transactions have been aborted like this, and it has caused Randall's transaction tax to shrink." ”

"So you're going to mint new copper coins, and you have the Pope's permission?" asked Sylvia.

"Hmm. Victor nodded and continued: "Then the problem of this currency shortage is widespread. According to my statistics, the transaction price of goods in Yehwillow City market has decreased...... Taking lard as an example, the total amount of lard we sold to Yeliucheng this year has increased by 7 percent compared with last year, and the price has decreased by 11 percent. Other families are also seeing their prices drop...... Strangely, the volume of goods in Yeliucheng increased by 7% year-on-year...... The market is quite hot. ”

Victor then said, "Jinshui City is the largest material distribution center in the Centaur Hill, and the situation there is probably similar. ”

The fat duke nodded heavily, and sighed: "The volume of goods in Jinshui City has doubled, and the price of goods has dropped by one and a half percent on average...... I have repeatedly asked the lords below not to raise so many pigs, but they asked me rhetorically, there are so many wolftail grass planted on the terraces, what can I raise without pigs? In fact, no matter what the lords raise and plant, the products of the territory are abundant, and the price of goods will fall...... You can't let the goods rot in the warehouse. The major caravans are desperately sweeping the market in Jinshui City...... Fortunately, the overall wealth of the family has grown much faster than in previous years. ”

Victor smiled and said, "The Wellington family, the Joshua family, the Solim family, and the Chebman family, they sell goods in Wild Willow City and buy goods in large quantities. Although their sales profits have declined, Yeliucheng does not charge transit taxes, has a large turnover of goods, fast capital turnover, and can purchase cheap materials, which still has more advantages than disadvantages. However, the most ferocious sweeper in Yeliu City is the four-leaf clover merchant group!"

"I thought the Clover Merchant was Sophia's men. It wasn't until recently that I learned that Clover was under the name of the Wimbledon Chamber of Commerce, and that more than half of the stewards and deacons of the merchant group were from the queen's own family, the Tyrells. The Clover Merchant can be said to be the queen's royal caravan. Victor snorted: "The four-leaf clover merchant group's shipments in Yeliu City are very small, mainly some luxury goods, but its purchase volume is very amazing. Interestingly, the Clover Merchant Group initially used Silver Sol for transaction settlement, and this year they started using Kinsol. ”

"I sent someone to investigate the direction of the Clover caravan. There are indications that their convoy, laden with cargo, passed through the Wellington family's Westock, made a short stop, and drove directly into the city of Blinor. ”

Hearing this, Sylvia glanced at Embither with a flat expression. The four-leaf clover merchant group is also the largest buyer in Jinshui City.

The Duke of York picked up the napkin, wiped the beads of sweat on his forehead, and explained: "We have an agreement with the Wimbledon Chamber of Commerce, and the four-leaf clover merchant group can pass unimpeded, not to mention that they still have the iron material that Sophia transferred to the centaur hills in their hands. There's no way I can stop them from procuring goods in large quantities in Jinshui City. ”

Katerina frowned and asked, "Embiter, you know that gold coins have no practical value, why do you still appoint the Clover Merchant Group to settle the goods with Jinsol? What if we have money but can't buy supplies? It is better to ask Clover to sell scarce materials such as medicinal herbs and adamantite gold to the centaur hills, otherwise they will limit their purchase in Jinshui City." ”

"It's not that simple......," the Duke of York shook his head and smiled bitterly. He and the two clan guardians had no idea what it was like to trade.

"Just store the gold coins!" Victor exclaimed, slapping the table.

The Duke of York laughed and said, "It's still Victor who understands my planning." But ......" and then he said with a sad face: "I'm really worried about those gold coins in my hands now......"

"No!" Victor smiled and shook his head.

Sylvia's expression softened slightly, squinted at Victor, and snorted, "If the Kite Castle secretly minted the gold sol, why didn't the gold coins we stored fall on our hands?" ”

"yes, I'm worried about that right now, too. Raventown is not enough as a trade route. The Duke of York looked at Victor expectantly.

"Let me answer your questions one by one. Victor pondered for a moment and then spoke, "For example, one Kinsol used to buy 40 sheepskins, but now one Kinsol can buy 55 sheepskins. That's because there are more sheep, and the total amount of gold coins in the market has not changed, so the purchasing power of gold coins has naturally increased. The regent saw that the sheepskins were getting cheaper, so he asked the Clover merchants to buy the sheepskins, and they first used up the silver soles, and then they started to use the gold soles, and when the golden soles were also used up, they found that the price of the goods continued to fall, so what should they do? The Auguste family only minted the gold soles and silver soles once in thirty-six years, and before that, they could only watch others buy supplies at low prices, so the royal family had to bypass the restrictions of the covenant and mint currency. The superstructure of the Covenant of Thor is gone. ”

"Let's look at the lower classes. Due to the shortage of copper and silver sols circulating in the market, in order to make deals, the traders can only use copper beads, silver beads, copper ingots, and silver ingots as currency, and if they can't do so, they use copper and silver rings...... As long as there is no problem with the fineness and weight of copper, silver, and gold, they will not care whether the currency is square or round. In this way, the lower foundation of the Sol Covenant is gone. ”

Sylvia nodded, concluding, "The total amount of supplies is growing, and the existing currency is not enough to meet the needs of trade...... For the royal family, the Covenant of Thor once every thirty-six years was in the way, and the kingdoms had to take back the coinage...... The ancient Covenant of Thor has indeed come to an end. ”

Victor turned his gaze to Embiter and said, "Lady Caterina is worried that money can't buy things. The Duke was also worried about Jinsol smashing his hand just now...... This is actually two related issues, one is the trade channel and the other is the value of the currency. Raven Town, Wild Willow City, and the Two-Headed Lizard Chamber of Commerce are all trade channels we have created. This issue will not be discussed for the time being. We are only talking about the value of money. ”

Victor took a sip of snow fungus tea and said to Sylvia, "The purchasing power of Kinsol has increased, which I call the appreciation of gold coins. Lord Embiter saw the gold increase in value, so he stored the gold. Based on the amount of goods produced in the hills, he speculated that commodity prices would continue to fall, and that the reserve gold coins would be able to avoid losses caused by price fluctuations. ”

Embiter said, "A small half of the kingdom's gold coins are stored in the treasury of Goldwater City...... That's Sophia's gold. I judge that the circulating goldsol in the market is very limited, and there are still 28 years before the next Sol Covenant, so I am ready to make a big profit on the difference between the goldsol and the commodity in the reserve before minting currency in the kiteburg. After a pause, he said with annoyance: "I didn't think at all that it was possible for the August family to bypass the Sol Covenant and mint the Golden Sol and Silver Sol in advance. ”

"This is called currency depreciation. Victor shook his head and smiled, "But I have to say that Lord Duke's worries are unnecessary. ”

"It is only when the quantity of money in circulation is higher than the growth rate of commodities that it leads to the depreciation of the currency. In the current situation, the possibility of currency depreciation is slim. ”

"First of all, gold is stable, not corrosive, beautiful in color, and is a natural currency. However, gold was scarce, and even the great kingdoms could not meet the growing demand for trade. Second, wise monarchs do not issue money indiscriminately, they must reserve a portion of gold, and use the right to mint money to keep prices within a reasonable range. ”

"Use currency to manipulate prices?" Sylvia said with a smile on her face, "But I don't want to be pinched by the royal family." My dear, your advice is ......"

The Centaur Hills have the pattern of a duchi, Sylvia has the ambition to build a state, the Duke of York and Caterina are at the center of the family, and there are vassal lords of the family below.

In this sense, they are not resistant to Williams's tax reform. If the new tax in Gambis can be introduced, Sylvia will be able to justifiably install tax collectors in each of the vassal liege's towns, thus increasing the power of the Rose Manor over the Centaur Hills.

How could Victor oppose the new tax of the royal family in cooperation with the Pope's reform of the eleventh tax? Victor even welcomed the trade tax to a certain extent.

The Randall family has two development routes, one bright and one dark. On the surface, Victor shows the posture of an emerging lord, respecting the authority of the church and the royal family, and having a limited degree of courtesy. Behind the scenes, he had to seize every opportunity to create favorable conditions for the expansion of the Golden Regiment.

If Gambis really collects trade taxes, it will stimulate the growth of the gold group. Unfortunately, the trade tax is just a gimmick for Williams to advance and retreat. Vassalage kingdoms simply could not afford to levy trade taxes on independent lieges.

Victor worries about Randall's new copper coins.

Although the Pope agreed with the Randalls to mint a new copper coin, he asked for the new copper coin to be linked to the copper sol. In other words, how many copper soles does Victor have to be able to mint the equivalent value of new copper coins. Assuming Randall Collar can't cash in Coppersol, the joke is bigger.

However, as a result, the cost of issuing new copper coins has doubled out of thin air, and the number of coins issued has been greatly restricted. Minting new copper coins became a bloody business.

Unless Victor can get the right to mint Copperthor.

Due to the problems of the smelting process and the actual value of the copper, it can be said that ordinary lords cast copper sols at a small loss. No lord was willing to mint the copper sol, and the church forced the copper sol minting of Gambis on the Solim family by soft grinding and hard foaming. The declining Solim family needed the support of the church, and they pinched their noses and confessed. The two sides have cooperated for nearly 100 years and have been peaceful. It was not easy for Victor to take over the minting rights of Copperthor.

With the heritage and credibility of the Randall family, the Pope has the courage to entrust Tongsol to Pinghu Town for casting.

The Randall family doesn't have the qualifications to mint copper soles, but the Yorks do. So, Victor thought of a backdoor listing. He brainwashed Sylvia with his shallow financial knowledge in order to arouse her interest in the right to issue money.

Victor's spirit was lifted by Silvia's advice, and he said in high spirits: "Gold is recognized by all as the currency in circulation, and there is certainly nothing wrong with storing gold." The storage of gold includes but is not limited to gold soles, gold products, gold bars, and gold ingots. With gold reserves, we can set the rules of the game. ”

"I didn't expect that. The Duke of York muttered.

Katerina hesitated and asked, "Victor, are you asking us to privately mint Kinsor?"

Victor shook his head and said, "The authority of the church is inviolable, and the human kingdom needs a unified currency. No matter how the Covenant of Thor changes, the material, style, and exchange ratio of the Gold, Silver, and Bronze Sols will not change. As for the right to mint gold coins...... There will be no changes anytime soon. ”

"But one day, Kinsor will be free to mint. All we have to do is wait patiently for the kingdoms to lift the lid and reserve gold in advance. Sylvia said.

Caterina's eyes lit up and she asked, "What about silver?"

The Duke of York coughed dryly and said slowly: "Silver will change color after a long time, and the loss of re-smelting is large...... The silver mines in the Centaur Hills are intact, and we just need to store the gold. ”

Victor then explained: "Madame Caterina, it is so, that gold is unique, and it guarantees the value of silver. As much gold you have, you can mint as many silver and copper soles as you want. If one day, gold guarantees the value of papyrus, then you don't have to be surprised that papyrus is used as currency. ”

"Who is guaranteeing the value of the gold?" asked Sylvia suddenly.

Victor thought for a moment and said, "It's the church." The Church is guaranteeing the value of gold with authority and credibility. ”

Sylvia shook her head slightly, "It's power." The power of the knights and the clergy balanced each other, and the resulting order guaranteed the value of the gold. ”

"Incisive explanation. Victor did not hesitate to praise himself, and instead said: "In addition to the reserve gold, we can also mint copper sol ......"

Sylvia tilted her head sideways and smiled softly, "Honey, that's your purpose. You want the minting rights of Copperthor. ”

"Beloved, I am captivated by your wisdom and your beauty. Victor first complimented, and then said calmly: "That's right, I need the right to mint Copper Thor." I can guarantee ......"

"It doesn't have to be explained. Casting copper sol is a thankless task......"

Sylvia interrupted Victor's words, and at the moment when he showed a disappointed expression, she said slyly, "But I like you so much, how can I refuse your request?"

This loving Victor is red-faced. Sylvia covered her mouth and snickered, while Caterina and Embither were dumbfounded.

Sylvia put away her smile and said lightly: "In two days, I will invite the Marquis of Solim, Lady Judy, Duke Joshua, and Bishop of Sean to the tea party of the York family." I think the regent will try to transfer the coinage rights of the Solims to the Chebmans...... Earl Chebman was notoriously stingy, how could he have agreed to the casting of bronze soles? ”

"It's getting late, you should leave for the Kite Castle to meet the new king. Sylvia stood up and said with burning eyes, "Roland and Goron are waiting for the blue taro of the Centaur Hills, and I also expect the apothecary of the August family to be able to make a blue taro potion for the Golden Knight." ”