Fighting The Galaxy

In other words, to issue currency, you must have wealth and something that represents its value.

So, for the huge galaxy empire, the issuance of currency still needs it. At the same time, it also needs the most precious things in the universe to serve as such reserves, so that the empire ’s star coin has real value, otherwise That is a piece of waste paper, which is definitely a problem that needs to be considered by the central bank of the empire and financial veterans of the empire.

What does the empire use as a reserve fund?

What is the most precious thing in the universe?

This is a very serious question. In the past, gold and gemstones were the most precious on a certain planet. However, in the universe, these are valuable, but they are definitely not the most valuable.

For example, diamonds are entirely because things are rare, and on some planets, during the formation process, under the influence of various huge pressures, etc., the entire planet is a big diamond! It is definitely not calculated in carats, nor in kilograms, in tons, but in astronomical units. Mining such a planet is enough to make diamonds a cheap thing, which is similar to aluminum When no electrolytic aluminum technology appeared, aluminum was as precious as silver. Some crowns and trophies were made of aluminum.

Later, aluminum was too common. A lunch box and a bunch of wires were made of aluminum.

And for now, what is valuable is what the space fleet needs. For example, titanium alloy, this special alloy, is a material that is used a lot when the fleet is built. It is light, strong, and strong. However, for the empire In other words, how many titanium alloys will be dug up and made into a fleet, and they will never be used as currency reserves.

This is the same as trading with copper coins in ancient times. Copper is a good metal. Is it better to use it to build several artillery pieces? Why do you want to make copper coins? You can use artillery to get more wealth.

Titanium alloys cannot be used for storage. In contrast, there are similar anti-matter fuels that are difficult to obtain and are quite precious. However, this kind of things, like titanium alloys, are not used for storage. Gold, it will be used in the fleet, and its packaging is very difficult. In case of an accident, the imperial vault where the reserves are stored will be completely destroyed.

This is a reality. As many people join the conjecture, there will be more things, such as time, this kind of thing, invisible and unavailable, for everyone, time is the most precious Fortune, now with the technology of flying at the speed of light, people can cross time in the flight of the speed of light, but it can only go in the direction of time flow, and not allow time to flow backward. What has happened can not be saved.

Time is the most precious in the universe. In addition to time, there is love. In the current universe, it is not easy to find a true love. Just like the love between Princess Jingxi and General Qin Tianda, it is also the entire The topic passed down from the empire, I do not know how many people envy the greatness of this love.

Time, love, and freedom, freedom is also the most precious thing.

Life is precious and love price is higher. If it is free, both can be thrown away. In the last galaxy war, the empire resisted the invasion of the Fibre Empire, and countless things happened. These were all for the purpose of defending the empire, the homeland, and the freedom.

And now, countless people have started uprisings and rebellion. This is actually for freedom.

Freedom is the same precious thing in the universe. Look at the Fibre Empire, where there is freedom! There are also those clones, which are even fighting machines.

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However, these are too abstract to be used as reserves for the currency issued by the empire, so although Pete is a mechanic, it has nothing to do with these, but Pete is still quite curious. What serves as a reserve fund.

Is this estimated to be the top secret of the empire? However, Princess Jing Xi must have known this secret in front of her, and the box that Lao Ma obtained from them may be the most precious thing in the world, and the most important currency reserve of the Imperial Central Bank?

"The empire issues currency, and no reserve is needed." Princess Jing Xi said, her words made everyone stunned.

Does a country's currency actually need any reserves? So, what if the currency is oversold and the credit system collapses?

"Or, if anything, it is the vast territory controlled by the empire, that is, the powerful force of the empire. With these, it is enough to maintain the currency stability of the empire." Princess Jing Xi said.

The country needs a reserve fund to issue currency. This is because the country is not strong enough. If there is a country and the territory is the entire galaxy, does it still need a reserve fund? Who will feel distrust of its currency?

With a vast territory and a huge population, it is enough to keep the credit system of the currency from collapsing. If anyone distrusts the country ’s currency, for example, refuses to use the currency of the empire and uses the currency made by himself, it means war, the empire will clean up them mercilessly, and the empire has strong force, Enough to maintain this empire's monetary system.

If we take Qin Tian ’s planet as an example, many years ago, there was a unipolar power in the United States of America. This country, with its strong force, promoted their currency settlement of oil worldwide, and whoever does not comply means war. At that time, I started working on Silly Big Wood because Silly Big Wood wanted to use the euro to settle oil, which touched their real interests.

The empire controlled half of the galaxy, and the empire issued currency. Shouldn't it be trusted by the people below? If the people trust, then why does the empire's currency need reserves?

If there is, then the fleet of the empire is its reserve, and the fleet can maintain the stability of the financial order of the entire empire. Whoever dares to disagree will have to die.

It's that simple.

"So, that is to say, the empire wants to send as much money as possible." Pete had become lazy after listening to Princess Jingxi.

Since the birth of the financial order, currency oversupply will bring inflation, which is an ever-changing topic, because paper money is printed by itself, so, how many prints you want to print, take out, circulate in the market, and the market There is not so much value created on the Internet, and there is no need for so much currency, which will bring inflation.

Now, Princess Jingxi heard Pete's words and nodded: "Yes, in theory, this is the case."

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