With a long sigh, Keyin said, "I'll just say it, I hate the way you persuade people. The halfling goddess did not forget to look at Freya and Hiff Quinn, who were also present.

To be able to be taken by the forest, there is no pure muscle stick. Someone's warning words, though they don't seem to have anything to do with them. However, when applied to their respective situations, it seems that they can explain the problems encountered by their respective ethnic groups.

Although the silverbearded dwarves pursue technology, they are self-contained, and do not have sufficient resources. Even if the conspirator called the Guardian, who is actually intent on destroying the entire race, does not do anything, the Silverbeard will eventually disappear from the land in the long run.

This is especially true for elemental creatures. The long life makes the vast majority of elemental beings lose the motivation to move forward. Whenever something new comes into the circle, it will be like igniting dynamite in a pond and blowing up a pool of fish.

Only a few who can adapt, and survive by chance, will reproduce a pool of fish that adapt to the new evolution. Then wait for the next artillery battle. It's a weird loop, with the same pattern. Every progress of elemental creatures comes at the cost of sacrificing countless lives. But for them, it's just a reinvention, it's nothing.

Although I don't know what kind of little theater there are in my heart for the two little guys next to me who are only as tall as their waists. Faced with the complaints of the halfling goddess, Lin could only say helplessly: "I don't want to either, Your Majesty." But there is a saying in my hometown, loyalty is contrary to ear. I don't like what I'm saying now, but when I listen to it, I'm just depressed at best. But in the future, if things break out, it may be fatal. I may not know where I'm going to die, but instead of being cursed by you, I think it's okay to complain about it now. ”

But Keyin is not just complaining and not thinking. He remembered the point of the magician's words in front of him and asked, "You just said that the future will change, so I don't recommend that I fix the rules of money." You shouldn't even think about how the future will change. ”

"Well, these weren't meant to be discussed right now. But since you asked sincerely, and considering that I wasn't necessarily there at that time, I'll talk about it now. Your Majesty, listen to it. In the future, it will be adjusted according to the actual situation. ”

"Speak, my vote. What kind of vision will the future you prophesy look like? ”

"Your Majesty, prophecy is too much. Those are the problems that society will encounter sooner or later as it continues to develop. In the case of continuous economic development and strong business transactions, the dilemma of not having enough 'money' may occur. After all, the three precious metals used to mint coins today have their own uses other than coins. Even if all the gold, silver, and copper in the land are minted into coins, the money will not be able to buy the resources of the land. It's not poverty, it's the lack of money in circulation, which restricts the development of the economy. Do you understand such a premise? ”

For people who don't have a macro concept, someone's explanation only makes the gold coin goddess more confused. Lin had no choice but to explain: "Let's take an extreme example. If we enforce that all transactions can only be made in new coins, then the only new coins are the box you just created. Then, in the case of insufficient coins, is it that the transaction behavior in other places will be stagnant and cannot be carried out because of this? ”

"Ah, I see. Is it just that others won't trade in other ways? Ke Yin thought he had made a very clever suggestion, and he was triumphant.

"Of course, people are alive, and if one path doesn't work, just take another path. Just like that, your believers run away. ”

"Ahh The halfling goddess's face froze. A tiger's claw clasped tightly around a certain magician, revealing a teary expression.

"At this time, there are two ways to solve it."

"There are two. Say it. Wiping away the tears that he didn't know if they were true or not, Ke Yin hurriedly asked.

"One is to continue to maintain the value of the coin itself, but we can find something with higher value and mint it into money, so as to increase the total value of the coins in circulation."

"More expensive than gold coins, you mean gem coins or something?" Ke Yin asked by inference.

"Something like that, but not with gems."

"Why?"

Faced with the goddess's doubts, Lin explained: "There are several characteristics that must be present in the material selection of a coin, the first and most important is the consistency of the material value. The value of gold, silver, and copper depends on the purity, and as long as the purity is the same, we will consider it to be an item of the same value. But gemstones will be priced differently depending on the kind; Even if it is the same type of gemstone, its value will fluctuate depending on its condition. Such characteristics are not suitable for coins as a medium of exchange. Not to mention that after cutting gemstones into money, it is not like gold, silver, copper and other metals can be recycled. Even the act of cutting for money can reduce the value of the gemstone. ”

"If the gems don't work, then what's the right fit?" Ke Yin pondered.

"In fact, there is one thing that has long been regarded as hard currency and circulated, but no one treats it as money."

Lin prompted.

Ke Yin suddenly realized: "Ah, the seven-colored magic stone. ”

"That's right, it's the magic stone. The value of the magic stone is the power contained in it, so no matter how it is cut, its value is calculated by its size. There are seven types of condition, and although there are different shades of color for each grade, generally speaking, as long as it is the same color grade, it will be recognized as having the same value. And this color grading cannot be faked. As for the reshaping of magic stones, although it is not as convenient as metal, it can at least be solved with magic; Unlike gemstones, as long as you cut it, you can't go back. Redstone may be worth about the same amount as a gold coin, but orange and above can be worth more than the same volume of gold. At the level of purple stone coins, it may be an exaggeration to buy a city at a time, but it is used to buy other items that are also rare and rare, and no one will refuse. ”

The reason why Midi retains the barter transaction mode is mainly in two aspects. First, large transactions at the national or city level; One is the trade of extremely rare goods.

The amount involved in the former is too large, and at this level, any transaction is strategic, not just for profit. At this time, it is useless to exchange it for coins, and it is better to trade other items of the same strategic level. For example, grain for iron, salt for magic stones, and so on.

The latter, on the other hand, involves some extremely rare items that are difficult to price. Rather than selling them for money, these items should be exchanged for something special that is too rare to circulate in the market. Any pricing in terms of money is like selling at a low price in the eyes of holders.

But if you can actually mint coins with magic stones, it will be possible to buy these items that were difficult to price in the past. Because high-grade magic stones, especially purple transformation grades, in addition to the value they represent, the strategic significance of their use for magic is also difficult to ignore.

Ke Yin also understood why the magician in front of him didn't say this method at the first time, it was really useless at this stage. Even the gold, silver, and copper coins are still quite chaotic now, and the magic stone coins are trying to kill anyone. Neither needed nor necessary.

However, this also made the halfling goddess wonder what another method the magician was talking about.

Seeing that the person in front of him had understood what he had said before, Lin continued, but he brought up seemingly unrelated questions: "Money, that is, the three functions of money, is used as a medium of exchange, convenient for bookkeeping, and storage of value. Ask! Which of these three functions is a non-essential function of money? ”

Coming from a group that eats a big pot of rice and works collectively, the silver-bearded dwarf Freya's old sister thought about it, but couldn't figure it out for the time being. The other comes from a world where you can rob what you need, and the more technical ones are all kinds of abduction and deception, and the same is true for the queen of the hive who has no concept of money.

But Ke Yin, as the goddess of gold coins, has her own divine understanding and divine calculation. Somebody farts, and he can tell what he ate yesterday. Naturally, Lin started a head, and Ke Yin was able to come up with a whole set of possibilities. So he was once again shocked by someone's vision of the world, and he asked aloud, "What the hell are you thinking?" ”

"Looks like you get it. Hehe, she really deserves to be the goddess of gold coins. Things related to money are so keen. Of the three functions of money that I just mentioned, the first two are really important; The third store of value is really just to protect the purchasing power of money. This is actually a constraint on the economy, but it is also a protection from another perspective. I won't talk about the theory behind it, but the premise of being able to do this. In order to be able to detach the value of the currency from the currency itself, the user must first trust the issuer of the currency, and believe that the number given by the other party can be traded for the items he needs, and that he can actually buy it. And everybody has to believe it, so that the number can be called money, which I call money. If this basic trust doesn't exist, and in fact it doesn't buy anything, then it's just a string of meaningless numbers. ”

"Is this possible?"

"So I said, trust is a premise. If this is not done, all these assumptions will be so unreliable. In addition to trust, you also need to have the strength to not be afraid of anyone's challenge. More importantly, you have the wisdom to control your money. Because at that time, the flow of money will be like a surging flood, and if it cannot be controlled, it will be like a flood bursting its embankment, and the people will suffer. ”

Speaking of this, someone sighed inexplicably. Then he straightened up, straightened his appearance, dusted his sleeves, bowed respectfully, and said: "If there really is a day when Your Majesty chooses such a path, please remember what I said today." The source of His Majesty's strength comes from the proper functioning of the entire money system, not from the numbers accumulated in the hands. Greed should not be your attitude, and when you start chasing what mortals call profit, you are in the wrong direction. The power of money can be good or evil. But its real position should be absolute neutrality. Money is just a tool, and a tool shouldn't have a personality, that's something that people will have. ”