Magic Tower Starry Sky

Chapter 1244: Coin Chance

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While Ke Yin and World Tree were busy building a cash flow network, Lin certainly couldn't easily watch the show from the sidelines. If he really dared to sit and watch a show, believe it or not, he would be instantly reduced to scum by those twenty-six powerful people. He also has important preparations to do. That is, at the end of the high seat meeting, the items related to taking out the godhead of Vulcan.

The purpose of analyzing the metal composition of coins in circulation is to fairly calculate the correct value of each coin.

After all, there are good coins, ordinary coins, and bad coins in Midi. Of course, it is impossible to just deposit a coin and count it as "one coin". To be able to accurately calculate the value of coins, the most direct way is to accurately measure the metal composition and weight of each coin; and define a gold, silver, and copper coin with a certain composition ratio under a fixed weight as "a coin" '.

However, in order to implement the definition of "one coin", it is inevitable to encounter a problem, that is, minting coins.

For this reason, Lin transferred back the silver-bearded dwarf Freya who was resident in the automobile R&D and manufacturing center.

It's been too long since a few silver-bearded dwarves have been mentioned. It's definitely not that a certain man has forgotten them. It was Jermaine and Marit, who were the next patriarch and wife of the silver-bearded dwarves, and begged to leave because they were dissatisfied with someone's behavior.

Lin did not stop them, but instead gave them a sum of travel expenses, and the remuneration they deserved for working under him for such a long period of time, of course the living expenses and expenses during this period were deducted. The silver-bearded dwarf couple brought their peaceful weapons and entrusted the Turtledove Alliance to **** them back to their home in the underground world.

Among the four silver-bearded dwarves who left Iron City, Freya was the only one willing to stay as a follower. She even got one of the seven rings, which can be regarded as a confidant. But usually she doesn't live in the mansion, but in the car center.

As the silver-bearded dwarf who is most familiar with machinery, Freya is the most outstanding among the magicians who design and develop cars. She is also Lim's representative at the Auto Center, taking care of both auditing and collecting dividends.

But most of the time, this tough old lady of the silver-bearded dwarves likes to lead a group of people to modify the car, or install some whimsical mechanical devices, and then test the car herself. The rough skin and rough skin of the silver-bearded dwarves are fully reflected at this time.

Who has seen a car crash test on earth, a real person directly went to it, and then told others what he was uncomfortable with. Then take a sip of wine and continue to work like a normal person.

Freya's lover, Riley, also stayed. However, Riley's thoughts are closer to his close friend Jermaine, so he is unwilling to directly help Lin.

Riley stayed in the technical guild, as a craftsman, sometimes cameo fighters, doing some odd jobs to make money. Even so, Riley was among the highest group of craftsmen in the guild's evaluation of craftsmen. The money he earns can make his life very nourishing.

Of course, you have to ignore the fact that the technical guild is also related to someone in order to live like this. The silver-bearded dwarf wants to get rid of someone's shadow completely, unless he leaves the holy city of Estali. Otherwise, the projects they are good at will always be inseparable from the scope of Lin's business.

And Riley stayed because Freya gave birth to his daughter, Ermita. That little thing can be said to be the first newborn of the silver-bearded dwarf clan for more than five hundred years, and even Jermaine, the son of the patriarch who begged to go, valued it very much.

But Freya was unwilling to leave with them and return to the homeland of the silverbeard dwarves. Jermaine could only settle for the next best thing and let his friend stay and take care of his friend's own daughter.

That is to say, even if Riley is forced to leave with him, maybe this friend will follow along with his identity, but he will be sad and worried for a long time. So Jermaine did not intend to break up their family, but chose to leave with Marit. Of course, they also brought the knowledge they collected during this period of travel.

The silver-bearded dwarf couple who stayed in the holy city of Estali did not live together in normal times. Although the two are in the same city, they still gather less and leave more. But this is the way of life of the silver-bearded dwarves, and there is no incompatibility between them, or any feeling that there is anything wrong.

While Freya takes care of the kids, she also does her job at the auto center flawlessly. Reilly came to see his daughter occasionally, and he did not hesitate to present the proud work he made with all his skills. In the future, I will also teach my daughter all my crafts.

For the silver-bearded dwarves, the expression of their love is the inheritance of knowledge and technology. For the next generation, the pride of the Silver Beard Dwarves makes them yearn for the knowledge and skills of their parents, and look forward to the moment when they surpass their elders. This is a race born for and proud of technology. It's no wonder that they will embark on a completely different development route from the mainstream of Lost Land.

So it's not hard to imagine how rebellious Jermaine said when he said to his elders: 'The world is so big, I want to go out and see'. The fact that those old people did not have a stroke due to anger is enough to prove that their blood vessel toughness is good enough.

This time Freya was transferred back, of course, to use her craftsmanship to mint coins, which is a thankless job for most people and even the country.

The economic model of Midi is still in a very primitive stage, it has not been long since it broke away from barter, and the role of coins has not yet been deeply rooted in the hearts of the people. It can be said that at this time, it is absolutely brain-dead to promote paper money, or even launch a credit-based financial system.

The reason why coins are recognized for their purchasing power is that they are precious metals and do have their corresponding value. What can a piece of paper represent?

However, the matter of coinage is not strictly controlled by the state. There is even a reason to mint coins as a last resort.

Take gold for example.

To put it simply, in the process of bartering, no one would go out with a large pile of gold ingots, and then cut the gold ingots temporarily when trading with others, and cut off a full scale of gold to trade with others. This is not cutting pork. When the scale is not enough, cut off a piece of meat to make up for it. If the scale is over, cut off a bit and take it back. The cutting of gold is difficult and troublesome, and it is impossible to work temporarily.

So the best way, is to make the gold into small units from the beginning. Such as gold dust or small nuggets of gold. It can be easily added or subtracted at the time of transaction until the scale is full.

However, the purity of gold has always been an issue. It is very troublesome to check the purity in every transaction, not to mention that the purity test can not be judged by naked eyes, but by touch. Therefore, those who have gold mines and are capable of mining will stamp their family crests on the gold lumps they make.

As long as this kind of gold has been inspected once, and then traded with acquaintances, the other party can roughly judge the value of this kind of gold lump and speed up the transaction. At most, random inspections will be carried out afterwards to ensure that the composition of the golden tuozi is maintained at a similar level as in the past.

And the golden tuozi covered with the family crest is the prototype of gold coins. Basically, as long as there are organizations with precious metal veins, whether they are countries or nobles, they will mint gold, silver, and copper coins by themselves. This is a necessary practice for the convenience of transactions.

It's like people who do small business with cash on earth, whether they like it or not, they must have some change. How do you do business with big bills?

Now that we know different organizations, there are good and bad techniques for casting coins, so that coins can be divided into bad coins and good coins. So why don't organizations or countries with better technology recast bad money into good money? When Lin planned to attack the Ninth Authority with money, he had researched this aspect, but couldn't find the answer. Why does no country want to control the right to speak of money?

In the end, I learned from a dwarf of a technology guild that everyone in the Lost Land knows about it, but the people who travel through are easily misled by their own experience. In a word, it is the word 'fire consumption'.

When the official who supervised the coinage of the empire recast the 10,000 bad coins collected by the empire into six or seven thousand good coins, then the official was pushed out to beheaded...

Reason: Being an official can exploit the villagers, and you can extort money, but if you are greedy for the emperor's money, you are looking for death. So it was not discussed.

Another person, the same! No improvement! So cut again.

When seven or eight heads of capable officials were cut off, even the dull-witted would know that something was wrong. At this time, people also realized that the amount of money and the amount of money will be reduced in this way.

But how much will be less, but no one can say for sure. Therefore, when encountering the task of reminting coins later, the officials in charge of supervision usually ask for an allowable degree of wear and tear. However, if there are too many orders, it is easy for the officials who deal with them to go up and down their hands and enrich their own pockets; if they are ordered less, they may lose a few more heads.

So gradually, the matter of re-coinage has become a difficult problem for all countries, and no one is willing to deal with it. Most of the coins in circulation today are directly minted into money after being mined from the mine. And those bad coins that people don't want to use, or coins that are deformed and worn due to long-term use, are usually melted into metal ingots for other purposes.

Even if those precious metals are not used as money, they still have value in themselves and have other uses. Gold can be used to make art and decorations, the same as silver, and there is an additional option to make tableware. Copper can be used in more ways~www.wuxiamtl.com~ In addition to arts and accessories, it can also be made into weapons, cooking utensils and other daily tools. Copperware is more popular than ironware which is prone to rust.

So precious metals can not only be used as money, but also have many other uses. This has also caused another problem that the earth's financial development history has also faced, that is, there is not enough 'money'.

This is not because of poverty, but because the coins circulating in the market cannot support the entire economic system, so the barter transaction type has not been completely eliminated. In the history of the homeland of the earth, for a long period of time, things such as silk and grain were regarded as currency, which maintained the economic system.

As Lin thought before, it is not feasible to issue banknotes in the land of obscurity, and it is easy for people to follow suit. Without the support of a complete financial theory, such messing around will not just cause inflation, it will simply trigger an inflationary explosion! In the end, the credit of banknotes goes bankrupt and becomes a piece of waste paper. It may also be a world wonder where hundreds of millions or trillions of dollars can be bought for a steamed bun...

Paper money is not feasible, but Lin is not without a way to improve the circulation of precious metal coins in the lost land. And since all countries don't like it, but they have to mint coins, it should be a great thing for everyone to take over the job that everyone wants to push.

Lin couldn't help showing a smug smile as he held the Gold Kil cast by the Gwana Empire. It made Freya, who was summoned back from the side, feel a chill.

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