As soon as these words came out, the whole audience was slightly stunned.
Everyone couldn't believe their ears, and the Finance Minister was even more confused.
George III asked: "What did you just say?"
Newton frowned slightly and said it again.
"I mean, wouldn't it be more stable to trade with gold, which is more stable?"
"We only need to determine the gold content of our currencies, there is no need to mint gold coins."
"In this way we only need to determine the gold content of the issued currencies and use them for transactions."
"..." Newton explained for a long time.
These high-born MPs include the King of Britain, George III.
I felt crushed by my IQ.
The Finance Minister opened his mouth several times to ask what he meant, but he had nothing to say several times.
They didn't understand Newton's theory, but they were greatly shocked.
Newton looked at everyone present in confusion, rubbing their temples.
"What's wrong with you? Am I talking very complicatedly?" Newton asked doubtfully.
He thought that what he said was easy enough for an individual to understand, but look at the appearance of these people.
I seem to understand but not fully understand.
Newton showed a disgusted expression, wondering how he could do research well with such a group of insects.
It's better to be with Mo Cheng.
Newton sighed, looked at these slightly confused people, and said lightly: "To put it simply, gold is used as the basis of the standard."
"The value of gold is used to issue currency, and this currency is traded domestically, and gold is used for transactions between countries."
"In this way, no one will suffer a loss, and the price of gold will be more stable between countries."
After hearing these two sentences, everyone suddenly realized.
The Minister of Finance was filled with turmoil in his heart. If the plan mentioned by Newton was implemented, the currency issued by Britain could be printed without limit.
The exchange of gold between countries will not affect the value of the domestic currency, which will solve many of their economic problems.
He took a deep look at Newton, his eyes were very complicated.
It seemed before that although Newton proposed many famous theories.
However, after becoming a member of the parliament, he made no achievements and even did not work every day.
Now it seems that my previous views were so ignorant!
The Minister of Finance said in a deep voice: "Your Majesty, I think this method is feasible."
After thinking for a while, George III nodded. He had the same idea as the Finance Minister and believed that this method was feasible.
"Well, just go and deal with this matter." George III said calmly.
"As you command..." the Finance Minister accepted the order, and his eyes when looking at Newton became much kinder.
After the meeting is over, go and discuss with him the specific details of the gold standard, the Finance Minister thought.
When I think about the imminent implementation of the gold standard system, my heart is filled with enthusiasm.
George III smiled and said: "Today is a good day. Tonight I decided to hold a banquet to congratulate Senator Newton for proposing a gold standard system that could change history."
The congressman looked at Newton again, but this time he gave him a sincere smile.
As a hero, he is the protagonist of the king's banquet tonight.
Newton ignored these false claims. Seeing that the problem had been solved, he glanced at George III sitting in the first place and asked: "Can I go? I still have research to do."
Everyone was stunned.
Chapter completed!