Thinking about what they needed to do, Dora and Penk thought about it for a moment and decided to listen to Gaia before giving their opinions.

"I was about to explain to you." The two little demons beside Gaia were still holding his arm, and they didn't know what they were thinking, "Affected by this anomaly, if there are some rumors, the economic situation in Nora Town, which is the most threatened from the place where the incident occurred, will soon become severe, and the copper coins will depreciate significantly, and if the city lord and the official in charge of economic affairs are not pigs, it will be forbidden to exchange copper coins for gold, and they will be sealed by me...... You have a place to store gold here, right? ”

Anrak hesitated: "Yes, yes, in memory the bank is to store gold, but Mr. Gaia, this ...... Wang Du's side will not sit idly by, and will definitely take measures to save the economy, and even if something goes wrong, he will say in the newspaper that the economy will improve in the next six months......"

"If you can believe what the newspaper says, you will be at fault for the New Year." Gaia leaned forward slightly, and after complaining that there were also banks and newspapers here, he said to Anrak in a serious manner, "Neither you nor anyone else has been able to understand the nature of this economic crisis, so the policies implemented will fail in the face of an economic avalanche."

Listen, the essence of this crisis is overproduction, and from what I have observed, just by looking at the places where the explorers stayed, the average person's spending power was far less than the amount of goods provided, so luxury goods were supplied for free, so that the economic bubble that had built up would disappear in an instant. ”

To be honest, Gaia has long felt that the economy here is strange, stocks and investments have come out, but the overall impression is still medieval...... Could it be because of the influence of the remnant culture of the elves?

Putting that aside, Gaia continued to use what he had observed from the previous epoch and said: "If the stock starts to crash, the futures crash will follow, and then the crisis will affect the banking industry, and the banks in the bubble era will lend uncontrollably to the aristocracy, and now all these loans will become bad debts, and the banks will suddenly find that they have so little cash in their hands that there is no way to turn around." People who need to withdraw their savings to survive in the face of the crisis will soon find that the banks have no way to respond to their requests for withdrawals, and then panic will spread, and people who have no need to withdraw money will flock to the banks to demand that the banks hand over their deposits, and the banking industry will collapse in an instant. ”

The bank collapsed, how is this possible......

However, there are no logical loopholes in Gaia's words, at least Dora can't find them......

Of course you can't find it.

Gaia glanced at Dora, who was silent, and knew what she was thinking: "This is the truth, the elves are estimated to have reached most of the position on this road with their cultural heritage, and the humans have just left the starting point, but every day is closer to the end." ”

Anrak was silent for a long time before asking, "So, is there no way to stop this from happening?" ”

"Nope." Gaia shook her head and leaned back on her shabby couch, "There's only one way to shorten the length of the Great Depression and mitigate the damage it causes." But once this big trend starts, it will roll forward and will not stop until the end. ”

Anrak's expression suddenly looked very sad, she put down the bread in her hand, pondered for a moment, and then said to Gaia, "I want to warn the relevant authorities in Nora Town. ”

"Yes, but will it work?"

"I guess I'll laugh at it. But when things really get to the point you said, my side will also be affected, after all, everyone is gone, how can I build a hot spring? ”

"Makes sense." Gaia didn't talk nonsense, and nodded directly.

"So." Anrak hesitated, "What I want to do is make money through the difference in the value of the exchange?" ”

"Remember to exchange it all for gold." Gaia saw that Anrak understood a little bit, and replied disapprovingly.

After a long silence, Dora suddenly asked Gaia, "Mr. Gaia, how can I reduce the duration of the depression?" ”

"It's very simple, there are three main points."

Glancing at Dora, Gaia said in her heart that you want to be involved too?

But he told a few people about previous reforms similar to Roosevelt's New Deal.

"Wait a minute!" Peng Ke suddenly stopped Gaia's explanation, "I can understand the rectification of banking and finance and the implementation of social security, why do we need to work for relief? Wouldn't that increase the cost of charity? In addition to the money used for relief, we will have to pay for various raw materials and production equipment. ”

"That's right." Gaia nodded briskly, "But that's the essence of this measure." If it is just an ordinary relief for the unemployed, these people go to buy daily necessities after receiving the relief money, and the whole process of capital and goods is only one flow. However, after switching to cash-for-work, the royal family needed to buy production materials and machinery for the hired workers, and the relevant caravans would receive orders, and in order to transport these goods to the places of work of the hired workers, they had to organize a considerable convoy of goods, and the cars that transported the convoy needed fuel and maintenance parts, so the owners of the convoys had to order these supplies from the companies that produced them.

There is no way to achieve such an effect by mere relief. Of course, in traditional relief activities, after the relief money flows into the hands of the nobles through the purchase actions of the rescued, they will also invest part of the funds in the reproduction of goods, but the scope of impact is far less than that of cash-for-work. ”

"I see."

As soon as Peng Ke nodded, Gaia continued: "More importantly, cash-for-work will maintain the dignity of a laborer, making them feel that they have relied on their hands to get out of trouble, while the usual relief will make them subconsciously feel like a beggar, making them give up on themselves, and in the near future they may degenerate into real beggars." I believe that as a leader, we should make the people's lives as dignified as possible. ”

Miramichi burst out laughing.

"Let the people have dignity ......"

"It's the first time I've heard that,"

"If it weren't for Mr. Gaia,"

"You're definitely going to be a fool of."

Unlike Miramichi, who didn't care about robbing while the fire was on fire, Penk took a deep breath and put on a straight face: "I always feel that the methods that Mr. Gaia just said look beautiful but are difficult to implement, and with the current situation in Nora Town, it probably can't be implemented." Humanity doesn't have the financial resources to carry out that huge idea...... I can't see the specific data so I can't say for sure, but ......"

"There's really no way to do it."

"Mr. Gaia, I am very helpless with your assertions." Penk said this, but there was no hint of displeasure in his expression.

Gaia was also helpless: "This is also helpless, after all, the situation of the human kingdom is here, and the treasury of a single country cannot support such a large-scale reform action." Considering the situation of the world as a whole, I think that only the elves have the ability to implement this set of policies in its entirety, and the strongest federation Imaka can also partially implement it. ”