Plane red envelope
Chapter 509 The Conception of the Gold Standard
Chapter 509 The Conception of the Gold Standard
With this deep question in mind, Fang Qiang returned to the Wulin Continent. Jinling City is still the original Jinling City, and has not changed much. If there is anything to say, the economy here is much more prosperous than before. Life is also richer.
"Young master, you are back!"
Xiaoci immediately appeared in Fang Qiang's study. In fact, among the 500 million people in King Wu's territory, she was the only one who could freely come and go here. This was a privilege given by Fang Qiang. Even Guo Jiahui I can't be envious.
"Yeah, I'm back!"
Fang Qiang hugged Xiao Ci in his arms, and he was tired of it for a while, the little girl's face was red, and she was not quite used to it yet!
In fact, this is not surprising. For Yu Xiaoci, Fang Qiang just left this morning, but the time ratio of the two worlds is 1:50, so Fang Qiang has not seen her for nearly a month.
"My lord..." Xiaoci tidied up her clothes, it's broad daylight now, and it's embarrassing for others to see.
"My lord, is heaven really fun?" Xiaoci suddenly asked such an endless question, which made Fang Qiang very confused.
"Heaven? Who told you that I went to heaven?"
Fang Qiang will indeed disappear out of thin air for a period of time, this point is very clear to Xiaoci, but that does not mean that Fang Qiang has gone to the sky, he just returned to the earth!
"Isn't the young master a god in the sky? Of course he's going back to the sky!" Xiao Ci tilted his head and said in a very serious tone.
Fang Qiang couldn't help crying and laughing. In fact, there were such rumors in the territory, but it was quite troublesome to explain, so Fang Qiang never clarified it. Very good!
"Xiao Ci..." Fang Qiang opened his mouth to explain something, but after thinking about it carefully, he decided to forget it.Because it's impossible to tell anyway.
Fang Qiang pinched the little girl's nose and said, "Go and call Shen Wansan and tell him that I have something important to see him."
"Oh!"
Xiaoci agreed, and went out in a brisk manner. The young master is now the king of Wu, with a lot of affairs in his daily life, and he has to deal with many things himself.
Shen Wansan arrived in about a cup of tea.Fang Qiang was still thinking about getting rich, so he said straight to the point: "Little San, how is the financial situation in the territory recently?"
"It's pretty good!" Shen Wansan reported the truth without hesitation. He said, "Thanks to your good policies, the territory is becoming more and more prosperous, and the prices are not very high. The people live and work in peace and contentment, but..."
"Just what, tell the truth, don't hesitate!"
Fang Qiang said somewhat unhappy, what he hates the most is Shen Wansan's hesitant character, if there is anything to report truthfully, why do you have to hide it!
"Yes Yes Yes……"
Shen Wansan agreed without hesitation, and without any further hesitation, he spoke out all the problems faced in the territory!
Fang Qiang couldn't help frowning slightly after hearing this. In fact, this is not a problem, but a problem is a problem, and it needs to be solved urgently!
It turns out that the core of this problem is that there is not much gold and silver in the territory!
Note that just running out of gold and silver does not mean a fiscal deficit.In fact, the finances in the territory are still quite good, it's just that there are not many gold and silver as a means of payment!
Gold and silver don't have any attributes, and it can become a means of payment only after people assign currency attributes to it!
Some time ago, Fang Qiang started to mint coins by himself in order to strengthen his economic control over the territory. Facts have proved that this method is quite good. After everyone's unremitting efforts, the economy in the territory has reached a new level again.
However, a new problem also followed-there was not enough gold and silver, and there was still some surplus copper, but it was also beyond the means.
The monetary system established by Fang Qiang is mainly based on three precious metals: gold, silver and copper. Now that there is not enough gold and silver, there is no way to mint more currency, and economic development will also be restricted.
This is the last thing Fang Qiang wants to see, so he must find a way to solve it.
"Hey, why did such a thing happen!"
Fang Qiang sighed helplessly, thinking to himself, he originally planned to transfer a batch of gold from the Wulin Continent to transport to Earth!But now the gold here is also not enough, so he can only give up this plan.
"Little San, tell me how much short our gold is?"
These things are all counted, so Shen Wansan replied without hesitation: "His Royal Highness, the current GDP in the territory is 500 million gold coins, and the currency circulation rate is approximately 50%, that is to say, we at least 250 million gold coins are needed to meet the requirements of economic development, as far as our current gold reserves are concerned, 100 million gold coins is already the limit, and the remaining 150 million gold coins are holes!"
"That's right, keep talking!" Fang Qiang agreed, his face as calm as water, and he didn't know what he was thinking.
Shen Wansan continued: "The gold content of our gold coins is 80%, and each gold coin has a net weight of 250 grams. 125 million gold coins need a total of 25 tons of gold to satisfy! The gold and silver in our hands can add up to 100 tons of gold. It is already the limit, and the remaining [-] tons is a gap!"
"I go!"
Hearing Shen Wansan's words, Fang Qiang was almost scared to death, that was 100 tons of gold!Where the hell can I find this!
"Who is that, bring me the map!"
Fang Qiang shouted, and Xiaoci immediately sent a map of the entire territory.
Fang Qiang stared at this map for a long time, and finally could only shake his head and sigh helplessly. Most of the rich gold mines in later generations are not in his own territory. Even if there are one or two, it is very difficult to mine. It is simply impossible to get enough of that 100 tons of gold!
"His Royal Highness King Wu..." Shen Wansan looked at Fang Qiang's deep frown and said tentatively: "Actually, it doesn't matter if you can't find gold. The copper mines in our territory are still very rich. I feel that maybe we can increase the amount of gold." The manufacturing scale of large copper coins, if it is not possible, can also print some banknotes..."
"No way..." Fang Qiang refused without hesitation. He said: "The monetary system in the territory must be based on gold. This is called the gold standard. Remember these three words, it is the direction of a country. A strong prerequisite! In fact, the banknotes you mentioned are quite a good idea, but even banknotes must ensure the "gold content" of each piece, so we must find enough gold!"
"Is that so..."
Shen Wansan nodded ignorantly, obviously not understanding the true meaning of the three words "gold standard".
Now Fang Qiang is not in the mood to explain. He turned his attention to another place on the map. If there is no accident, the precious metal content here is quite high!
(End of this chapter)
With this deep question in mind, Fang Qiang returned to the Wulin Continent. Jinling City is still the original Jinling City, and has not changed much. If there is anything to say, the economy here is much more prosperous than before. Life is also richer.
"Young master, you are back!"
Xiaoci immediately appeared in Fang Qiang's study. In fact, among the 500 million people in King Wu's territory, she was the only one who could freely come and go here. This was a privilege given by Fang Qiang. Even Guo Jiahui I can't be envious.
"Yeah, I'm back!"
Fang Qiang hugged Xiao Ci in his arms, and he was tired of it for a while, the little girl's face was red, and she was not quite used to it yet!
In fact, this is not surprising. For Yu Xiaoci, Fang Qiang just left this morning, but the time ratio of the two worlds is 1:50, so Fang Qiang has not seen her for nearly a month.
"My lord..." Xiaoci tidied up her clothes, it's broad daylight now, and it's embarrassing for others to see.
"My lord, is heaven really fun?" Xiaoci suddenly asked such an endless question, which made Fang Qiang very confused.
"Heaven? Who told you that I went to heaven?"
Fang Qiang will indeed disappear out of thin air for a period of time, this point is very clear to Xiaoci, but that does not mean that Fang Qiang has gone to the sky, he just returned to the earth!
"Isn't the young master a god in the sky? Of course he's going back to the sky!" Xiao Ci tilted his head and said in a very serious tone.
Fang Qiang couldn't help crying and laughing. In fact, there were such rumors in the territory, but it was quite troublesome to explain, so Fang Qiang never clarified it. Very good!
"Xiao Ci..." Fang Qiang opened his mouth to explain something, but after thinking about it carefully, he decided to forget it.Because it's impossible to tell anyway.
Fang Qiang pinched the little girl's nose and said, "Go and call Shen Wansan and tell him that I have something important to see him."
"Oh!"
Xiaoci agreed, and went out in a brisk manner. The young master is now the king of Wu, with a lot of affairs in his daily life, and he has to deal with many things himself.
Shen Wansan arrived in about a cup of tea.Fang Qiang was still thinking about getting rich, so he said straight to the point: "Little San, how is the financial situation in the territory recently?"
"It's pretty good!" Shen Wansan reported the truth without hesitation. He said, "Thanks to your good policies, the territory is becoming more and more prosperous, and the prices are not very high. The people live and work in peace and contentment, but..."
"Just what, tell the truth, don't hesitate!"
Fang Qiang said somewhat unhappy, what he hates the most is Shen Wansan's hesitant character, if there is anything to report truthfully, why do you have to hide it!
"Yes Yes Yes……"
Shen Wansan agreed without hesitation, and without any further hesitation, he spoke out all the problems faced in the territory!
Fang Qiang couldn't help frowning slightly after hearing this. In fact, this is not a problem, but a problem is a problem, and it needs to be solved urgently!
It turns out that the core of this problem is that there is not much gold and silver in the territory!
Note that just running out of gold and silver does not mean a fiscal deficit.In fact, the finances in the territory are still quite good, it's just that there are not many gold and silver as a means of payment!
Gold and silver don't have any attributes, and it can become a means of payment only after people assign currency attributes to it!
Some time ago, Fang Qiang started to mint coins by himself in order to strengthen his economic control over the territory. Facts have proved that this method is quite good. After everyone's unremitting efforts, the economy in the territory has reached a new level again.
However, a new problem also followed-there was not enough gold and silver, and there was still some surplus copper, but it was also beyond the means.
The monetary system established by Fang Qiang is mainly based on three precious metals: gold, silver and copper. Now that there is not enough gold and silver, there is no way to mint more currency, and economic development will also be restricted.
This is the last thing Fang Qiang wants to see, so he must find a way to solve it.
"Hey, why did such a thing happen!"
Fang Qiang sighed helplessly, thinking to himself, he originally planned to transfer a batch of gold from the Wulin Continent to transport to Earth!But now the gold here is also not enough, so he can only give up this plan.
"Little San, tell me how much short our gold is?"
These things are all counted, so Shen Wansan replied without hesitation: "His Royal Highness, the current GDP in the territory is 500 million gold coins, and the currency circulation rate is approximately 50%, that is to say, we at least 250 million gold coins are needed to meet the requirements of economic development, as far as our current gold reserves are concerned, 100 million gold coins is already the limit, and the remaining 150 million gold coins are holes!"
"That's right, keep talking!" Fang Qiang agreed, his face as calm as water, and he didn't know what he was thinking.
Shen Wansan continued: "The gold content of our gold coins is 80%, and each gold coin has a net weight of 250 grams. 125 million gold coins need a total of 25 tons of gold to satisfy! The gold and silver in our hands can add up to 100 tons of gold. It is already the limit, and the remaining [-] tons is a gap!"
"I go!"
Hearing Shen Wansan's words, Fang Qiang was almost scared to death, that was 100 tons of gold!Where the hell can I find this!
"Who is that, bring me the map!"
Fang Qiang shouted, and Xiaoci immediately sent a map of the entire territory.
Fang Qiang stared at this map for a long time, and finally could only shake his head and sigh helplessly. Most of the rich gold mines in later generations are not in his own territory. Even if there are one or two, it is very difficult to mine. It is simply impossible to get enough of that 100 tons of gold!
"His Royal Highness King Wu..." Shen Wansan looked at Fang Qiang's deep frown and said tentatively: "Actually, it doesn't matter if you can't find gold. The copper mines in our territory are still very rich. I feel that maybe we can increase the amount of gold." The manufacturing scale of large copper coins, if it is not possible, can also print some banknotes..."
"No way..." Fang Qiang refused without hesitation. He said: "The monetary system in the territory must be based on gold. This is called the gold standard. Remember these three words, it is the direction of a country. A strong prerequisite! In fact, the banknotes you mentioned are quite a good idea, but even banknotes must ensure the "gold content" of each piece, so we must find enough gold!"
"Is that so..."
Shen Wansan nodded ignorantly, obviously not understanding the true meaning of the three words "gold standard".
Now Fang Qiang is not in the mood to explain. He turned his attention to another place on the map. If there is no accident, the precious metal content here is quite high!
(End of this chapter)
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