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Chapter 1244 Opportunity for coins

While Ke Yin and the World Trees were busy building a gold flow network, Lin certainly couldn't just sit back and watch the show. If he really dared to sit and watch the show, believe it or not, he would be immediately destroyed by the twenty-six powerful men.

He also has very important preparation work to do. That is, at the end of the High Council meeting, the project related to taking out the godhead of Vulkan.

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

After all, there are good coins in the land, ordinary coins and bad coins. Of course, it is impossible to just save a coin and really count it as "one". To be able to accurately calculate the value of a coin, the most direct way is

The method is to accurately measure the metal composition and weight of each coin; and define a certain proportion of gold, silver, and copper coins under a fixed weight as 'one'.

In order to implement the definition of "one", we inevitably encounter a problem, that is, minting coins.

To this end, Lin transferred back the silver-bearded dwarf Freya who was stationed at the automobile R&D and manufacturing center.

I haven't mentioned the Silverbeard Dwarves for a long time. It's definitely not that a certain man has forgotten them. It's just that Jermaine and Marit, as the next patriarch and the patriarch's wife of the Silverbeard Dwarves, asked to leave because they were dissatisfied with someone's style.

Lin did not stop them. Instead, he gave them a traveling fee and the compensation they deserved for working under him for such a long time. Of course, their living expenses and expenses during this period were deducted. The silver-bearded dwarf couple brought them with them.

Their peaceful armed forces entrusted the people of the Turtle Dove Alliance to escort them back to their homes in the underground world.

Freya was the only one of the four silver-bearded dwarves who left Iron City who was willing to stay as a follower. She even received one of the Seven Rings, which makes her a close confidant. However, she usually did not live there.

Instead of living in a mansion, I live in a car center.

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

But more often than not, this fierce old girl from the Silverbeard Dwarf tribe likes to lead a group of people to modify the car, or add some whimsical mechanical devices, and then test the car herself. The Silverbeard Dwarf tribe has rough skin and rough flesh.

It fully manifests itself at this time.

Has anyone seen a car crash test on Earth? A real person took the test and told others what made him uncomfortable. Then he took a sip of wine and continued doing things as if nothing was wrong.

Freya's lover, Riley, also stayed. However, Riley's thoughts were closer to his best friend Jermaine, so he was unwilling to help Lin directly.

Riley stays in the Technology Guild. As a craftsman, he sometimes guest-stars as a warrior and does some casual work to make money. Even so, Riley is among the highest-ranking people in the craftsman rating within the guild. The money he earns allows him to

Life is 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. If the silver-bearded dwarves want to completely get rid of someone's shadow, they have to leave the holy city of Estali. Otherwise, they can't live without the projects they are good at.

The scope of Kailin's business.

The reason why Riley stayed was because Freya gave birth to his daughter, Emita. That little thing can be said to be the first newborn of the Silverbeard dwarf clan in more than 500 years. Even though Jermaine

The son of the patriarch who asked to go also valued it very much.

However, Freya was unwilling to leave with them and return to the home of the Silverbeard Dwarves. Jermaine could only do the next best thing and let his friend stay and take care of his daughter.

It means that even if Riley is forced to leave with him, maybe this friend will recognize his identity and follow him, but he will be sad and worried for a long time. So Jermaine has no intention of breaking up their family, but chooses himself and Mary

They left together. Of course, they also took with them the knowledge they collected during their travels.

The silver-bearded dwarf couple who stayed in the holy city of Estali did not live together in normal times. Although they were in the same city, they still spent less time together and more apart. But this is the lifestyle of the silver-bearded dwarves.

I didn’t feel uncomfortable at all or felt anything was wrong.

While Freya was taking care of her children, she also completed the work of the car center perfectly. Riley occasionally came to see his daughter, and he did not hesitate to present the proud works that he had used all his skills to produce. In the future

He will also teach his daughter all his craftsmanship.

For the Silverbeard dwarves, the expression of their love is the inheritance of knowledge and technology. For the next generation, the pride of the Silverbeard dwarves makes them long for the knowledge and skills of their parents, and they look forward to surpassing their elders.

At that moment, this was a race that was born for technology and was proud of technology. No wonder it would embark on a completely different development path from the mainstream of Midland.

So it is not difficult to imagine what a rebellious statement Jermaine made when he said to his elders: 'The world is so big, I want to go out and see it.' Those elders did not get so angry that they had a stroke, which is enough to prove that their blood vessels are tough enough.

.

Of course, bringing Freya back this time is to use her skills to mint coins. This is a thankless job for most people and even the country.

The economic model of Midland is still in a very primitive stage. It has just left barter for a short time, and the role of money has not yet been deeply rooted in people's hearts. It can be said that at this time, paper money is promoted, and even the credit-based system is launched.

As for the financial system, it is absolutely insane.

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

However, the matter of minting coins is not strictly controlled by the state. There are even reasons for minting coins as a last resort.

Take gold as an example.

To put it simply, in the process of bartering, no one would go out with a large pile of gold ingots, and then when trading with others, they would temporarily cut the gold ingots and cut off enough gold to trade with others.

This is not like cutting pork. When the scale is not enough, just cut off another strip from the large piece of meat and add it. If it is over the scale, cut off a little and take it back. The cutting of gold is difficult and troublesome, and it cannot be done temporarily.

So the best way is to make gold into small units from the beginning. For example, gold sand or small gold ingots. You can easily add or subtract it during transactions until the scale is full.

However, the purity of gold has always been a problem. It is very troublesome to check the purity in advance for every transaction, not to mention that the purity test cannot be judged by looking at it with the naked eye or by touching it with your hands. Therefore, it is necessary to know whether there is a gold mine.

, those who are capable of mining will print their family crest on the gold lumps they make.

As long as such gold is inspected once and then traded with an acquaintance, the other party can roughly judge the value of this gold lump and speed up the transaction. At most, random inspections will be carried out to ensure that the composition of the gold lump remains the same as in the past.

About the same level.

The gold lump stamped with the family emblem is the prototype of gold coins. Basically, as long as organizations have access to precious metal veins, whether they are countries or nobles, they will cast their own gold, silver, and copper coins. This is to facilitate transactions, but not

What not to do.

This is just like people who use cash to do small business on Earth. Whether they like it or not, they must prepare some change. How can you do business with big banknotes?

Now that we know that different organizations have good and bad coin minting techniques, so coins can be divided into bad coins and good coins. Then why don't organizations or countries with better technology recast bad coins into good coins? Lin Zai

When I planned to use money to attack the Ninth Sect, I studied this matter but could not find the answer. Why does no country want to control the voice of money?

In the end, I learned from a dwarf in a technical guild that this is something that everyone in the Lost Land knows, but people who travel through time are easily misled by their own experience. In a nutshell, it is the word "fire consumption".

When the official of the empire who supervised the minting used the empire's technology to recast the 10,000 bad coins collected, into six or seven thousand good coins, then the official was pushed out and beheaded...

Reason: When you are an official, you can prey on the villagers, and you can impose exorbitant taxes, but taking the emperor's money is courting death. Therefore, there is no discussion about cutting him off.

Another person came in, same thing! No improvement! So it was cut again.

When seven or eight heads of people who were originally capable officials were cut off, even the slow-minded people knew that something was not normal. Only then did people realize that if they were cut off like this, the amount and weight of money would be reduced.

But no one can say for sure how much less it will be. Therefore, when encountering the task of re-coining later, the officials responsible for supervision will usually ask for an allowable level of wear and tear. But if the order is too much, it is easy for the officials who handle it to take advantage of it and make a lot of money.

Private pocket; if you order too little, you may lose a few more heads.

So gradually, the issue of re-coining has become a problem for various countries, and no one wants to deal with it. Most of the coins in circulation today are directly minted into money after being mined from the mines. And those bad coins that people are unwilling to use, or

This is because coins that have been deformed, worn, etc. after being used for a long time are usually cast into metal ingots and used for other purposes.

Those precious metals, even if they are not used as money, are still valuable in themselves and have other uses. Gold can be made into works of art and decorations, and silver is the same, with an additional option of being made into tableware. Copper can be used for

What's more, in addition to arts and ornaments, it can also be made into weapons, cooking utensils and other daily tools. Copperware is more popular than ironware that rusts easily.

Therefore, 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 faced, that 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. For a long time in the history of our home planet, it was also the case that

Silk, food and other items were regarded as currency, and this was how the economic system was maintained.

As Lin had considered before, issuing banknotes in the land is not feasible, and it is easy for people to follow suit. Without the support of complete financial theory, such messy behavior will not only lead to inflation, it will simply trigger a currency explosion.

!Eventually, the credit of banknotes will go bankrupt and become a piece of waste paper. There may also be a world wonder where hundreds of millions or trillions of dollars can be spent to buy a steamed bun...

Paper money is not feasible, but there are ways to improve the circulation of precious metal coins in the land. And since all countries don't like it, but they have to mint coins, then the goddess of gold coins takes this job that everyone wants to recommend, which should be beneficial to everyone.

It's a great thing.

Holding the Jinkel forged by the Gwana Empire, Lin couldn't help but smile proudly. Freya, who was summoned back from the side, felt a chill.


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