my cube kingdom

Chapter 126 Currency (2)

"Currency is the size that acts as an intermediate link to measure the value of items... blah blah blah blah... Of course, the issuance of currency must follow the law of conservation of matter... otherwise blah blah... the impact..."

"...Then, please share your views! This is very important to the economy of the Cube Kingdom!"

Due to the importance of the economy to the Cube Kingdom, Mo Fangyuan knew that he couldn't handle it, so he called all the high-level officials of the kingdom to hold a meeting solely on the economy.

Because the economy is too complex to be completed by a single individual.

Holding the theory of action to break through one by one, Mo Fangyuan separates the currency from the economy for discussion, hoping that everyone present will use old bags of melon seeds to come up with a good solution.

"……economy?"

"Goods... currency?"

"……measure?"

"That... what is... the law of conservation of matter?"

"What the hell?"

Obviously, the group of people in the conference room were even more laymen than Mo Fangyuan, and their brains short-circuited after hearing what Mo Fangyuan said about the economy.

"Your Majesty, is the economy and currency you mentioned... important? Could it be that you are thinking too much?"

Even the smartest old Fu also made trouble.

They never thought that a simple exchange of items would pull out such a complicated thing.

I don't know what the harm will be if I don't do it.

"Developing the economy...can you eat it?"

A remark that violated harmony reached Mo Fangyuan's ears.

The person who said this was not Zhang Lingyun, who was pure and natural, but the always rigorous Minister of Agriculture.

It can be seen how little the top executives of Cube Kingdom understand the magic of the economy.

"The power of the economy exceeds that of any one of us. It can be said officially that the Cube Kingdom must have its own internal economic system!"

Holding his head, Mo Fangyuan said solemnly to everyone.

The economy is a sharp knife, a pusher, and an engine... Cube Kingdom cannot live without it.

"Then, Your Majesty, how should we develop it?"

"Your Majesty is extremely smart, he must have his own method..."

Mo Fangyuan yelled that was a good question, and almost blurted out, "If I knew, why would I come to a meeting and ask you guys?"

"Good question, so our first step is currency, which is the basis of the economy... I already have a preliminary plan..."

"However, fellow citizens! You are also part of the cube kingdom, use your wisdom to think and imagine better ideas!"

"At any time, collective wisdom is infinite..."

Naturally, Mo Fangyuan wouldn't say that he couldn't find a way to change it, so hurry up and find a way for me, which is too temperamental, you can only use "I have a way, but I want to hear your opinions." Words to imply that the people present have to move their brains quickly and think of a way.

"Your Majesty, you also know..."

Zhang Lingyun, who was forcibly brought over to fill up the number again, looked aggrieved, why did she call me every time this kind of thing happened?I am too difficult!
"This……"

The Minister of Education, Lao Duan, kept silent, which obviously touched his blind spot of knowledge.

"Great Your Majesty, I think this needs careful consideration..."

Old Fu said a lot but didn't say anything tricky, obviously in the blind spot of knowledge just like Old Duan.

"..."

People like Ya Li and Fang Zhi are completely in a state of confusion, and they can't be expected.

"Hmm...Your Majesty, I think that the establishment of a currency system needs to handle the relationship between materials and currency well. You can't send too much, and you can't send too little..."

Lin Ye also stayed in the trial space for a while, and passively learned some economic knowledge.

"When there are a lot of materials, increase the currency output to prevent the currency from breaking through the norms of the value scale; when the material is small, reduce the currency output to prevent the currency from depreciating... Try to stabilize the value of the currency and make the people willing to use the currency..."

You ask why Lin Ye knows so much?

Talking too much makes me cry. Lin Ye, who was pure and ignorant at the beginning, was harvested by capitalists over and over again because of her ignorance of economics. She was almost harvested by the capitalists.

"...Your Majesty, I think Cube Kingdom can set something that the people agree with as currency, and use it to measure the value of other items..."

Emerald!
For some reason, everyone present, even Mo Fangyuan, couldn't help but think of the mineral emerald.

In the game, emeralds have almost no practical value except for trading.

But as long as they see the emerald cube, people will be shocked, and their eyes will not be able to turn, and they will be in a state of obsession.

Even they don't know why Cube Man likes emeralds... It's as if liking emeralds is a matter of course, a deep-seated love.

"Then use emeralds as currency to measure the value of other items?"

Out of a natural love for emeralds, some people put forward a request to use emeralds as currency circulation.

This request has been recognized by other participants.

"no!"

Mo Fangyuan directly vetoed it with one vote.

Although I don't understand the economy, I still understand the most basic requirements for items to become currency.

Universal convertibility, relatively stable value, internally stable currency perspective, externally stable exchange rate perspective, universal acceptance...

The angle of externally stabilizing the exchange rate can be kicked out, because this kind of requirement is completely unnecessary in this bad era of enemies on all sides, and monsters will trade with cube people?
It is generally accepted that cube people are naturally fond of emeralds.

But none of the other three basic requirements can be met.

What is the prerequisite for universal convertibility?It is a freely convertible commodity and currency reserve. Simply put, it has means of circulation and storage.

But are there many emeralds?Is it easy to mine?

Emeralds are the rarest ore in Minecraft!Precious than diamonds!
The quantity is scarce, and it is difficult to mine. How can it be used as a currency in circulation?
The two points of relatively stable value and internally stable currency also require stable output and sufficient quantity of currency in circulation!
Emeralds can't satisfy these three points anyway.

"The number of emeralds is scarce, they can only be traded as luxury goods, and cannot be used as currency!"

When Mo Fangyuan said this, everyone began to let go.

"Actually, we can cast copper ingots into small particles to serve as currency..."

Thinking of the copper coins that serve as currency in the trial space, Lin Ye made a suggestion.

"The cube kingdom that entered the Iron Age has little demand for copper ore, and they can be cast into currency... It can be regarded as a waste utilization!"

At that moment, Lin Ye had become a great economist in the eyes of everyone.

"Professional things should be left to professional people."

This is the idea that Mo Fangyuan taught to the people of Cube, and the people in the meeting room also inherited Mo Fangyuan's philosophy.

I don't know what economy is. If I talk about it casually, otherwise accidents will easily endanger all fellow Cube people. Lin Ye understands economics and knows more than me, so the method she said must be more reliable than mine, so I support her!

Guaranteeing this idea, Lin Ye's plan has won the support of everyone.

Then Mo Fangyuan directly vetoed it with one vote.

(End of this chapter)