The Duke of Jimenez is having a private meeting with Prime Minister Benjamin, and he congratulates Parliament on the first step in the vast plan of the Teal Community, with which the Cabinet can formally start the diplomatic process to negotiate with other countries.

As Jimenez predicted, this step should be relatively smooth.

"The second step is the second step, and the second step is the currency. If you want to form a blue community, the second step is to unify the currency, just like when Asturias finally adopted the Mithril standard, and once adopted the silver bar standard, after Modo joined our country, it evolved into the Mithril exchange system on the basis of the silver bar standard, and realized the unification of the currency. "Currency is a very important step for the future Teal Community, and the Mithril exchange system can be considered." ”

The evolution of the monetary system of Asturias is in the words of Solomon, the Mithril standard ended the previous chaotic monetary system, strengthened the centralization of the kingdom economically, and used Mithril as the monetary base, so that the value scale of the transcendent and the mage is unified with the value scale of the world, and it has played an objective role in attracting and integrating these people and related organizations.

In this transformation, a large amount of Mithril was needed, but fortunately, Asturias was the first to complete the transformation with the support of the Mithril resources plundered from the Alternate Plane, thus seizing the opportunity among the nations.

In the later period, as the volume of social transactions became larger and larger, the demand for currency gradually expanded, and in foreign trade, there may be an outflow of Mithril coins paid by Asturias, even if the kingdom deliberately replaced part of the Mithril coins with gold and silver coins that the other party would accept in government-led trade matters, but as Mithril coins became the main currency, the private merchants would inevitably flow out of Mithril coins uncontrollably, resulting in the outflow of Mithril. (Note: Currency change does not mean that the original currency will be thrown away by the people of the whole country at the first order, but it is a gradual one.) For example, the original coinage was first limited to a low amount of consumption, placing it in the status of a secondary currency, and then reducing circulation at the kingdom level when it was collected (for silver coins, during the Mithril standard, the people needed small payments, and at that time, Mithril coinage was mainly used for commodity trading). Or it is no longer in circulation, and it is only stored as a raw material (referring to gold, because gold once became the main currency, and after Mithril became the main currency, gold as an auxiliary currency was too embarrassing between Mithril and silver coins, and still could not meet the needs of large payments, and it was too large for small transactions among the people), which could be exchanged before the complete withdrawal from circulation through bank agents or official institutions set up by the government (of course, it was also possible not to do so). But that would be good for the kingdom's revenue in the short term, but very harmful to the establishment of a long-term monetary system, because it would damage the credibility of the new monetary system.)

The old currency that the kingdom will exchange can be stored as raw materials, gold and silver, although no longer the main currency, are still precious metals, such as jewelry or some alchemy experiments, and on the other hand, the old currency is reminted. The kingdom can reduce its losses in the monetary system by purchasing goods or needs at the national level from other countries that still use gold and silver coins.

However, this is supported by a large number of Mithril reserves. Otherwise, if a currency is withdrawn from domestic circulation and the new currency cannot be fully supported, it will bring about a great regression in the kingdom's economy.

With the frenzied plundering of the alien colonization, Asturias successfully completed the initial reforms, but as mentioned earlier, the economy continued to move forward. The increasing volume of trade meant that the use of money was increasing on a larger scale, and it was necessary to guard against the outflow of Mithril, especially after seeing the results of the Asturias reforms, Titania later began to shift to the Mithril standard. This will definitely deepen the outflow of Mithril.

Therefore, the silver bar standard was later produced, and the silver bar standard was still based on the Mithril coinage, but in actual use, the Mithril mint was no longer minted and circulated in large quantities, but the Mithril and Mithril minting were used as reserves, and the bank bills used on a small scale before were expanded, and it was stipulated that bank bills could be traded in daily transactions, and when the actual payment of the Mithril coinage was required, the bank bills were used to exchange the Mithril at the bank, and the issuance of bank bills was also limited to one or two banks by the state, and the central bank was one of them.

On the surface, there is no upper limit of exchange, but there is a lower limit of the exchange threshold, that is, for example, it can only be exchanged once a day, and how much Mithril needs to be exchanged at a time can be exchanged, and it is not allowed to be below this limit, which actually restricts the free exchange of Mithril, and also makes it difficult for Mithril to flow out, because every merchant does not go through the bank, as long as it goes through the bank, if they need to pay a large amount of Mithril abroad as a means of payment, they will be noticed.

The silver bar standard was quickly changed after Asturias annexed Modo, and the Mithril exchange system was adopted, the so-called Mithril exchange system refers to the withdrawal of metal coinage from circulation in the Modo region at that time, and it was also changed to the form of paper money, and the existing Mithril storage and future output in the Modo area are stored in the bank designated by the kingdom, and the kingdom calculates according to the Mithril reserves deposited by Modo in the central bank, and then stipulates a fixed ratio between Modo's paper money and the standard currency under the silver bar standard, so that Modo indirectly implements the Mithril Ben pull system。

It should be said that the influence of this Mithril exchange system implemented in Modo is very large, Asturias will take into account the social unrest when carrying out currency reform in the country, but Modo was annexed at that time, the upper class surrendered after the defeat, the middle and lower classes could not resist under the gun, the old currency was confiscated in large quantities, and the paper money that could be exchanged was limited by the Mithril stored in Asturias, that is to say, according to the Mithril obtained by Asturias, only Modo was allowed to produce paper money under the exchange rate limit to keep the ratio stable, and such paper money was limited, even if the Modo regional government was willing to exchange the old currency in the hands of the localsIf you want to add a new currency, you must first deposit new Mithril, or buy the currency of Asturias with resources or assets before issuing your own new currency to maintain the stability of the exchange rate, otherwise more paper money will be issued without the currency of the Middle Kingdom as a reserve, and the result will be a total depreciation of the currency.

Although there was not much bloodshed after the defeat of the Modos in the process of merging into Asturias, the wealth was quite lost, but it was better than other alien colonies in Asturias, at least those who were forcibly conscripted into the army to participate in the Ambergris War only entered the navy, and did not die as cannon fodder on the Emerald Continent in large numbers.

Having said all this, Solomon's idea for Benjamin was actually born out of the Mithril exchange system practiced in Mordo.

He is a traverser, and here he actually intends to imitate the Breston Woods system, by proposing that the community of rock crystals and metals first throw out the bright prospect of expanding market integration, and the second step is to take the opportunity to propose a unified monetary policy to promote it. In addition to eliminating internal barriers, an increasingly unified market can implement a unified monetary policy that is more conducive to the expansion of trade.

In the process, Solomon designed Asturian to pegged the current currency of Asturias to Mithril, while the other countries pegged to the currency of Asturias, and established a joint bank to coordinate between the members, including providing funds and lending.

If he succeeds, Asturias will be able to become a leader in the future Teal community, so Benjamin can't be unmoved, and if he succeeds, he will go down in history and his family's status in the kingdom will rise.

Of course, this point may not be accepted by other countries, for example, Titania is likely to want to compete for this status, and it is unlikely to agree; although Aurora does not have the strength to compete, the Rose Bank, which has always been closely connected with it, may not be willing.

Because there is not much room for them to interfere in the treaty between rock crystal and metal community, but Solomon has a way to intervene, because it is actually his idea for Benjamin, how to prepare and develop this rock crystal and metal community, there is a Chuangshen Consulting Co., Ltd. will be hired to consult and plan for the community.

However, the second step is to unify the monetary policy, and the Rose Bank is eligible to participate, and they must have a place in the United Bank.

None of their support for Aurora could oppose the destabilization of Asturias' position under this monetary system, but the union of Titania would be the biggest obstacle for Asturias.

So Solomon has a second plan, and the second plan is to abandon the relationship between Mithril and the currency of other countries, and adopt a completely unified currency, that is, to produce a currency similar to the euro in the world before Solomon's crossing, and if you can't make dollars, you can make euros, so that the resistance will be much smaller.

While Solomon and Prime Minister Benjamin had a private meeting about the Rock Crystal and the Metal Community Treaty and its subsequent developments, Rand finally left home and returned to Lady Sarah's side.

After not coming for many days, Lady Sarah was very surprised to see him, and made a large table of dishes to satisfy the man's appetite.

Although Rand had little appetite because of the workers' experience and the depression and confusion in his heart, he still tried to eat as much as he could.

After the meal, Lady Sarah changed her clothes, and instead of putting on her usual conservative clothes, she changed into a seductive outfit and looked at him shyly.

Rand has been living at home for the past few days, and he hasn't been here for a long time, and he can't help but be aroused by her posture and attire.

He laughed, and when he was about to carry her into the room, his face suddenly changed, and he said embarrassedly: "I'm sorry, I need to be quiet now with something very important." ”

Then, under the stunned and puzzled gaze of Lady Sarah, he ran into Lady Sarah's bedroom, which was the bedroom he had been in since he arrived, and closed the door.

There was only one reason why he could suddenly become like this, and that was that Mr. Mystery, whom he had been waiting for for a long time, had finally contacted him through the arcane skynet. (To be continued.) )