"That's right, if I have any problems with my store, I'll come back to you to borrow it. As long as the person who earns my 10,000 gold dragons finally deposits the gold coins back into the Iron Vault, the game can be looped indefinitely. Ig smiled wickedly: "With 10,000 golden dragons, you can completely do things that require 20,000, 30,000, or even 40,000 golden dragons to do." There is only one circumstance that interrupts this cycle and if too much money is lost in circulation, or it travels outside of Braavos to be returned in time. Now, you can understand why the Iron Vault was so eager to collect the debt after lending it to King Robert. ”

"Because the money Robert spent doesn't go back to the Iron Vault, but is hidden in his home by the Westeros!" Tyrion nearly snapped his thigh, and finally there was something he could easily understand, "It's called ...... What's it called, 'Broken Capital Chain'!"

"That's right. "It's not Tyrion, it's really fast, it's really fast:" Now, the money borrowed out of the Iron Vault is actually far more than the wealth it has in the vault and even the whole of Braavos, and repaying the principal is actually something it doesn't consider and can't do, can you say that the Iron Vault is cheating money?"

Tyrion's eyes widened, and he was a little unwilling: "But after all, you are an ordinary person, not a nobleman, nor a rich man......"

"I'm the Night's Watchman's Recruiter, King's Landing and King's Leader's Recruiter, the Head of Dragoncrystal Mining, and the Image Ambassador, but I have a letter of appointment, or did you help me get it, forgot? Not to mention that now that I have a certificate from the Prime Minister, if I borrow money in the name of the Night's Watch, Commander Mormont can't admit it if he wants to. Iger smiled even more proudly, and suddenly felt that there was nothing wrong with the identity of the night watchman: "What is a scam? If I borrow money and run away by boat to the other side of the Narrow Sea, it is called a scam; if I play a bad game and I don't pay the money in the end, it can also be called a scam, but if everything goes well, and everyone who borrowed my money can take it with principal and interest when they need it, can it still be called a scam?"

"Isn't it, at best, a clever deception?"

"Alas...... Imagine that if a Westeros wants to open such a store, he needs 20,000 golden dragons that actually exist and belong to him. But without a store, I would never be able to make so much money, and if I couldn't make so much money, I wouldn't be able to open a store...... In this one-by-one predicament, Westeros has not been able to develop for thousands of years. Iger said, "If this is also called a scam, then the world I come from-" He almost slipped his mouth, and he quickly corrected himself: "The whole continent and the whole society I come from are built on the scam, but such a society built on the scam has developed a political, economic, cultural and technological level far beyond Westeros, what do you think about this?"

"It's-"

"Not only that, but where I come from, I play the game of money to a higher level than Braavos. Iger continued to throw a bombshell, "The money lent by the iron vault is all real money, so after a few cycles, it will have to slow down for various reasons, in case there is not enough gold coins back in the vault and an accident happens. Therefore, for every gold coin in its vault, it can only virtually create two or three non-existent gold coins at most to invest in the market to build its own army and city, or borrow money to earn interest. But the bank that takes it is different in that it does not lend any real money, but only issues paper certificates, which we call paper money or 'banknotes'. It will declare in the name of the bank that the person holding this paper has the ownership of the 10,000 gold dragons in the vault, and the great thing is that the holder can also directly use this certificate as 10,000 gold dragons...... In this way, for every gold coin in the bank vault, it dares to fabricate a dozen non-existent gold coins, and let this fictitious money flow into the market to build the country. Braavos is indeed very powerful, but Cena is far a thousand times stronger than it, if it were not for a sea of sunsets that could not be seen at a glance, the occupation of Westeros, Essos, and even the entire territory of Thothros by Cernar's army was just a matter of how much time the army would need to hurry. ”

"A piece of paper, representing 10,000 golden dragons?"

"It's not such an exaggeration, it's just an analogy. ”

"How is this possible, according to what you say, the bank is so big, as long as one in ten people takes the paper you said to the bank to change money, this scam will be exposed!"

"Not to mention a tenth, no one actually goes to withdraw the gold coins. Because in the eyes of the miners, banknotes and gold coins are already the same thing. This is a bit difficult to explain, and Iger thought for a moment before he cautiously spoke: "Playing a game of money can produce a very magical result - although our fictional 'chicken' is fake, the 'egg' it lays is real." We prospered society with non-existent gold coins, mobilized people's enthusiasm and increased productivity, and then built houses and armies, and produced countless food, clothes, toys...... In the end, the value of the commodities owned by the miners far exceeded the value of the gold and silver coins that existed in the banks and even in the entire continent. By this stage, it had become impractical to trade with precious metal money, and the pickers had completely abandoned the ancient currency in favor of banknotes as real coins. ”

"Treat paper as money?"

"That's right, this is the final stage of the money game, and at this point, this 'scam' that you think is already one of the frameworks and rules of social operation, and it will not be broken in any way. What Iger didn't tell the other party was that in the final stage, the money would be just a number on the books, and there would be no need for even banknotes.

＊＊＊

"The chickens are fake, but the eggs that come out are real...... The chickens are fake, but the eggs laid are real......"

In the past two months, Egger has told Tyrion stories about his homeland of Caina whenever he has the opportunity, and these stories are basically covering up the modern technology of the Celestial Empire and then moving to another place, which can be said to be nine points true and one point false, and it is almost impossible to find flaws, which leads to the fact that now the dwarfs have no doubt about the existence and powerful wealth of "Caina". And so, the smartest Lannister in the world fell into Egger's story, muttering the latter's words like a fool, completely devoid of his former sharp mouth.

"It's still early to make up a 'chicken' to lay eggs, and what I'm going to do now is just borrow chickens to lay eggs. After Iger finished telling the whole story, it was time to see the results: "If even the act of making up more than ten times the amount of gold coins can be a good thing to promote social development, then I borrowed money in the name of the night watchman, and indeed used the money to do things for the night watchman, and even guaranteed to repay the principal and interest on time, how is it that the crime is extremely unforgivable?"

"Let me think about it, it's a bit of a mess. ”

"Think about it slowly, it's still too early for me to make a deal next time. Iger stood up: "I have other things to do today, to raise funds, and I'll talk about it when I get back." Tyrion, you saved my life when I was in danger, and I swear in the name of all the gods of the old and new gods that I will never fool you. But have you ever wondered when it will be your turn to contribute to the family, and when will you get the opportunity to prove yourself to Duke Tywin?"

This is a bit of a sore question, and if the relationship is not in place, it is likely that the relationship is shallow, but Iger is bullying Tyrion is a gentleman. What is a gentleman? Even if he is offended, he will not lose his reason and hold a grudge, and this touches the deepest desire of Tirion's heart.

"My advice is to try to open the first bank in Westeros. I can't do that as a night watchman, but with the Lannisters' deep pockets and reputation for 'paying debts', you'll be the easiest to try if you have an idea. And if you think that it is not advisable after thinking about it, then the matter will be stopped, and you will finally lend me one hundred and eighty gold dragons as interest for the first round of borrowing, and then all the operations and risks after that will be carried out and borne by myself. And if you think about it and decide to give it a try, then not only can you participate in the whole process of fundraising this time, but when you plan to officially establish a bank in the future, I will definitely do my best to help and advise, so it's decided, how about it?"

"Okay, I'll look into it and give you an answer. ”

"Okay, then, I'll go to the Red Fort first. The conversation between the two took some time, and the morning passed, and Egger walked to the door of the room, and suddenly remembered something: "I almost forgot, the game of money we just talked about has a specific name in Caina." There is no equivalent word in Westeros, so I decided to call it a new word in the gold and liquid group – 'finance'. ”

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