489. The Civilization and Disaster of the Goblins
"Rand Galloping Horse, Willy's Dependent, a distant visitor, can finally speak to you alone."
In the City of Wealth, the mansion of Rudolf Schulz, the High Priest of the Goddess of Commerce and Wealth, is a small temple dedicated to the priests.
As soon as the priest met with Rand alone, his eyes shone with gold, and a loud voice rang out throughout the hall, indicating that the goddess of commerce and wealth had spoken under the guise of the priest herself.
"Your Majesty...... Down" Rand panicked all of a sudden, and the distant visitor in the mouth of the goddess must not just say that he came from the Galloping Horse Plain.
"There are some things that are not secrets or big things in front of the gods, and there is no need to worry about Willy's family" The goddess's meaning is very clear, it is not important for you to pass through this little thing at all, and the gods do not care.
Lante, who understood the meaning, hurriedly leaned over to thank him, and said carefully: "I don't know what Your Majesty commands?" ”
The goddess of wealth, Heryalena, as one of the few ancient gods still active, has believers all over the continent, and almost all cities have commercial temples, and although this goddess is a dragon god, she is an ancient god, and the god of life, Lukoa, and the mother earth goddess Gaimetra are at the same level, much higher than the general dragon god, the god of Warcraft or human gods. The arrival of such a god in person made Rand a little flattered.
"The Magic Furnace is the foundation of wealth, and now you have the right to build the Magic Furnace, that is, you have the right to issue currency!" The first words of the goddess's mouth made Rand tremble.
"Issuing currency?"
"Yes, issue currency." The goddess nodded, "Now the entire gold coin system is built on the magic furnace, and the total amount of magic power generated by the magic furnace in a certain period of time has been determined at the beginning of its construction, and the magic power used by the civilization in the world to produce and create mainly comes from the magic furnace.
Currency serves the circulation of magic power, so the magic furnace is determined to be the anchor of currency, and the merchant temple allocates the total amount of gold coins according to the total number of magic furnaces in the world, and then the civilization that can control the magic furnace issues its own currency. ”
"So, the temple of commerce and wealth is actually the central bank of this world?" Rand muttered in his mind.
"That's what you thought, but now you can produce and install the magic furnace independently, and if you can't issue new money in time, it will cause deflation because of the large number of high-level ones generated in a short period of time.
On the other hand, if you build a magic furnace in a short period of time, and issue money according to the new magic furnace without control, it will cause hyperinflation," the goddess paused, "Surely you can understand the meaning of the simple words inflation and deflation?" ”
The words of the goddess of commerce refreshed Rand's understanding of this world, he originally thought that the currency of this world was monopolized by magical aristocrats, but today he suddenly learned that this world actually has a global central bank and financial system.
However, in contrast to Rand's hometown, the circulation of money in this world is not subject to the will of the ruler, but to adjust the flow of money in the name of the will of the gods.
Rand thought for a moment, sensed that something was wrong, and quickly asked: "I can understand inflation and deflation, but in the human empire, these two phenomena have occurred?" ”
Since humans cannot make magic furnaces, according to the goddess of wealth, human beings cannot really make money, but only recast ready-made gold coins into the head of the god emperor.
"The Human Empire didn't, but it was capable of being able to build a magic furnace before, and they relied on their ability to build a magic furnace, and began to continuously issue magic furnace bonds, and then used bonds to re-guarantee and finance, constantly increasing leverage, creating a large number of financial derivatives, and the interest could not be repaid to repurchase bonds, and they even planned to make magic furnaces all over the world!" The goddess's tone gradually became untenable, and it was obvious that her heart was extremely shadowed by this matter.
Rand listened to the plot, as if this routine was very familiar, and sure enough, the characteristics of capital were almost the same no matter which race or world they encountered.
But thinking of this, Rand felt that something was wrong: "Your Majesty, I am a little curious about history, since it is a financial derivative and a bond book, it should not affect the value of gold coins?" After all, isn't the total amount of gold on this planet fixed? The total amount of gold coins and magic furnaces is fixed, how can there be currency depreciation? ”
"Thou hast spoken to the point: this planet," the goddess said meaningfully, "Humans were able to navigate the starry sky hundreds of years ago, and goblin civilizations were able to build their own magic furnaces, and they couldn't interstellar mining?" ”
"Ah, this ......" Rand said he was shocked, although he didn't know how it worked.
"They collected a huge amount of heavy metals from the starry sky and minted them into various gold coins, bonds, and derivative tokens, and the legendary mechanics of the goblins were qualified to build magic furnaces, so several major families around them began to issue various financial products, and the goblin empire also had to issue various construction bonds, stocks, and financial products to absorb the financial products of various families."
"After less than 200 years, the financial order of the entire goblin civilization is in jeopardy, and correspondingly, the flood of the Demon Furnace has brought irrepressible tidal fluctuations in the Demon Net, and the whole world is desperate to be destroyed for their greed."
So goblins are a financial empire, right? Rand's heart kept tumbling, and he quickly continued to ask: "And then?" ”
The goddess's tone changed from fierce to calm: "Then they were cursed by the magic net, a large number of magic furnaces broke away from the magic net, and the massive gold coins, bonds, and financial derivatives held by those few goblin investment families suddenly caused global hyperinflation, and it took almost a hundred years just to deal with the extra currency!" ”
"Huh? Can you deal with over-issued currency? Rand instantly became interested, wanting to learn the advanced experience of the ancient gods, "How can we deal with the extra currency and bonds in our world?" ”
"Doesn't the dragon clan like to collect gold coins, they are all released and robbed directly, ah no, it is to recycle excess currency, there were many members of the dragon clan back then, and more than 2,000 heads above the high-level were scattered directly, and they have been looking for almost a hundred years."
"Good! Simple and efficient, with low side effects! Rand unconsciously praised it, and finally understood why the dragon clan could be the goddess of wealth, with a large piece of force protection, collecting wealth is indeed a good hand.
From the words of the goddess of wealth, Rand tasted another meaning, that is, the empires, civilizations, cities, and families of this world are merely the handlers of magic, not the owners. The empire can indirectly control the flow of magic through taxes and financial tools, but it cannot really control the magic.
The goddess of wealth, who was possessed by the high priest, saw that Rand almost understood the relationship between wealth and the magic furnace, so she hurriedly said: "That's why I have met with you today, I am in charge of wealth and commerce, and it is my duty to supply the world with sufficient money, but I also have to strangle hyperinflation and deflation in the cradle. ”
Obviously, the strangulation that the goddess is talking about here is a physical strangulation, so Rand quickly nodded in approval.
(End of chapter)