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Chapter 1018 Overlord

"Prime Minister, if the banknotes you mentioned are simply replaced by those metal coins, I always feel that it is difficult for others to accept."

Heilong Pukasto obviously is not very cold about paper money: "In my opinion, gold and silver coins are more realistic. If you say you give me a paper money, I always feel that it is as valuable as a newspaper..."

This is actually what most people think, but the other lords were cunning and did not express their opinions rashly.

Speaking of which, the dragon clan believes that "higher creatures" mainly lie in their extremely powerful bodies - as long as the dragon clan can live to adulthood, they can basically walk sideways on the continent. In addition to their physiological advantages, their inheritance also determines that their minds and magical attainments have surpassed humans... This is not an inference, but the conclusion after the challenges of countless humans and other humanoid races.

However, this perception has been gradually broken in the high-level dragon clan in recent months: the technology used by Roddy in the war and the courses oralized by the honorary elders later clearly outlined a higher civilization...

Roddy dared not boast about how developed the earth civilization in the 21st century is, nor would he despise the world's magic civilization. In fact, the knowledge he and Kardashian brought is not just simple applications such as thermal weapons technology or railway transportation. The most important point is the promotion of scientific methodology - this is a logical system that can be applied to all things, and its existence is also of great significance to the exploration of magic.

It is precisely because the dragon clan is smart that they vaguely feel awe.

Victor had a very deep understanding of the changes in his daughter, so he did not ignore Roddy's remarks as casually as before. He spoke out: "Prime Minister, can you answer one or two for us?"

"Money is a very complex theory. Here I can only simply say the most realistic point: the previous metal coin minting systems had a large loss rate, long-distance transportation..."

Roddy talked in front of the lords, and soon there were nearly ten elders around him. This scene was quickly captured by the reporters.

"If it is replaced with paper money, because it is easy to carry, if the weight of goods carried by each person is reduced by 10%, then under an excellent road network system, the consumption during use and transmission is included..."

The dragon clan is too small, so it has not yet calculated the loss problem of a country with a population of millions in currency circulation. The lords all thought secretly when they heard this - but Iscar, who was standing in another corner, whispered to Kardashian: "How do I feel that the Prime Minister is just talking about the most plain things? If you just reduce the loss, why do you need to spend so much effort to make banknotes?"

Several honorary elders also attended the event in great costumes, and their accessories were on the same level as those of the Dragon Clan elders. Edith, the owner of the Magic Tower, was also chatting here. She and Kardashian both wore badges representing the senior management of the Magic Research Department. Now this badge is better than the badges of the Minister of the Interior. Even if ordinary people take them, the Dragon Clan will be polite when they see them.

Kardashian was relaxed and holding a wine glass in her hand and smiled: "Rody thought a lot, and of course she liked to hide the most critical things."

The Black Dragon Rubens was not as impatient as before, but he still couldn't help but blocked his mouth with his hands and said, "Then... tell us?"

Kardashian knew that the people in front of him and herself were Roddy's most trusted team, so she glanced at Edith with a calm expression and coughed lightly: "Then I will explain it briefly: As the government that issues currencies, you set an exchange rate on the official side, such as one gold coin equals one hundred yuan... Then ordinary people must exchange paper money at this exchange rate. But as a government? You can issue as much as you want. As long as the national economic development speed can keep up with the stability of the domestic situation, the issuance volume can increase infinitely."

Essin was the first to react: "Isn't that equivalent to overdrawing the country's credit as collateral? The amount, if there are too many paper money, will the prices rise?"

Kardashian didn't say anything, but several people were smart. Iscar nodded: "So, the Prime Minister plans to temporarily 'debunk' in this way, and then divide the risk of the debt crisis evenly on the people of the whole country - as long as you use paper money, it is equivalent to taking part of the debt for the cabinet..."

After saying this, they looked at each other and all felt an incredible feeling: the debt crisis was the first major problem to be solved after the war. They all knew that if the money was not paid, then this country would definitely have big problems... If there was no money, the army and the nobles could not be controlled. With frequent unrest, Sally's prestige would definitely decline rapidly, and perhaps it would become a situation of separatist forces again.

They thought Roddy would quickly cash out and pay off his debts by vigorously developing technology and quickly reselling arms. As a result... this problem seems to have been easily solved with the invention of paper money?

Just as several honorary elders were trying to digest this amazing news, Pkasto's heroic voice came from Roddy: "Afraid of circulation problems? It's easy to say! Then I will imprint the emblem of our Black Dragon clan on it. Isn't this kind of credit guarantee enough?"

When he mentioned this, the lords next to him were also unwilling to fall behind: "This is a good idea. In fact, after hearing what the Prime Minister said, such currency can also be circulated within our dragon clan. Even if the amount of gold coins is not large, it is convenient to transfer and store it is true - those younger generations often travel back and forth several times just to transport those copper and silver coins. Hey, it's stupid to say."

So the five lords made a decision on the spot: not only should they develop anti-counterfeiting and durable banknotes, but they should also print dragon language and five dragon clan emblems on the banknotes, and use them themselves to prove the stability of this alliance!

Roddy responded calmly, still smiling. But Iscar and others looked at Kardashian and Edith when they heard this. The latter had never spoken before, but now he sighed: "I really admire the Prime Minister... He used the national credit as collateral, which is actually enough to survive this debt crisis. But with the five dragon clans..."

She didn't say what consequences would happen later, but several honorary elders all understood one thing: their research funds will definitely not be lacking in the future.

This currency has not been issued yet, but it has already reserved its status as the "overlord currency" of the entire continent in the future. Compared with the US dollar on earth, Roddy's financial plundering method that emerged from nowhere... for the civilizations of other countries in the continent and even all other races, it is far more powerful than the forbidden curse.

But now the dragon clan lords who raised their wine glasses and chatted and laughed were not aware of what they had created.
Chapter completed!
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