Not to mention that the nobles below who had doubts about the bank couldn't sit still. The elves behind them and the empress on the throne all had expressions of disbelief, staring blankly at someone who was telling the truth. Regardless of these people
There were originally those who were in favor or against, but they were not prepared for such an answer, and of course they could not answer the question.
Lin smiled triumphantly and glanced left and right at the group of people who had been frightened by him. The attitudes of the elves were relatively calm, but you could still read in their expressions the joy of watching one of their own destroy their own. Sure enough, this group of people
Pointed ears that do not show age are a symbol of fair skin and dark eyes. Someone slandered.
However, the performance still had to go on. The whole thing was not sung, and everyone was completely frightened. Someone felt sorry for himself. He slowly took out his wallet from the inner pocket of his arms, even though the wallet was sewn out of brocade scraps.
It didn't quite match the suit. But every inch and every minute of that slow movement was imprinted on everyone's mind, until Lin took out a gold coin.
With his five fingers spread out, Ke Yin's holy symbol on the back of his hand was glowing slightly. The gold coin containing the same divine power just floated on the palm of his hand, spinning at a strange speed-changing frequency.
The area of the gold coin is not large, about the area circled by an adult's index thumb. Under the influence of distance, the dim-eyed old man and old lady nobles present should not be able to see clearly the details on the gold coin. But the fact is that no matter on the back of the gold coin,
The Koyin Holy Emblem, or the gold coin goddess's head on the front, are clearly printed in everyone's eyes.
"Kim Keyin."
Shaking his hand again, a silver coin and a copper coin appeared on the left and right of the gold coin.
"Silver Keyin, Bronze Keyin."
He clasped his hands together, then spread them out, and instantly displayed a representative representation of each of the various coins the Goddess of Gold Coins had received so far, and divided them according to secular levels.
The top three are Koyin coins of the Goddess of Gold Coins. The second row of five are fine coins minted by the five empires. The third row of more than ten coins are ordinary coins whose gold content and casting technology have both reached the passing standard.
The lower row contains crooked melons and jujubes collected from various places.
There are actually more types at the bottom. However, Lin eliminated those bad coins that were labeled as bad money due to wear and tear, and only kept the coins with poor casting technology and very low purity, and the number was slightly more than the third row.
The number of ordinary coins.
As a traveler who comes from a world with rich materials and prosperous culture, it is normal to have a collecting habit. Anyway, I just asked the goddess to leave one for him as long as it is a type of coin that I have never seen before, and use it with myself.
In exchange for the valuable savings. Maybe one day in the future, I can build a museum on the history of the development of coins to leave a mark on this history.
But there is no rush for the museum right now. After Lin showed the different coins that the goddess could collect, he said:
"In the past, the biggest problem with the coins used by Midi was the purity. As for the casting technology and whether the coins are beautiful, they are actually derivatives of the coin purification technology. Where the purification is not done well, most of the casting technology is not very good either.
Natural coins cannot be so beautiful.
"As we all know, the coins minted by the five empires have the highest purity, and the rest are classified as ordinary coins. As for the inferior coins that are visible to the naked eye, they are regarded as bad money. They may be prohibited from use, or they may be used at a discount. This is very important for
Most people have a question: How much is the value of the coins in their hands?"
Raise your hand, and the displayed coin floats to a higher position. At the same time, its enlarged projection appears, as well as various parameters about the coin. Including the coin's weight, purity, diameter, thickness, and finally the weight of the pure metal is calculated, and
Using gold, silver, and copper koins as the standard, show how many koins these coins can be exchanged for.
Of course, so much data filled the air in the meeting hall, which frightened the nobles who were still in shock again. Not to mention that this was just a simple comparison of numbers, but for the illiterate people who did not know how to use statistical reports
With semi-illiterates, this scene can really shock many people.
An unscrupulous time traveler continues to bombard:
"With the help of the Goddess of Gold Coins' priesthood and divine power, we can analyze the composition and weight of these coins, and finally obtain an absolutely fair and just data. Based on this data, we can calculate the number of Koin coins that can be exchanged. And the specifications of Koin coins
, is determined by referring to the usage type, weight and other data of ordinary coins.
"In principle, users will not feel alienated from past experiences when taking coins. The value of the coin itself will not be much higher or lower than the value of the coins used in the past. The power and justice of the gods are also
There is no doubt that every Coin issued by the bank is exactly the same as thousands of other Coins. That was true before today, and it will be true after today."
A certain time traveler was very naughty and used magic to create a scale and placed it on the podium in front of him. He also placed a gold coin on the left and right sides, and then watched the scale become balanced.
"The goddess's coin-making technology, supported by divine power, is incomprehensible to mortals. Even if it is the empire's fine coin, there is no guarantee that any two coins will be exactly the same."
As if to prove what he said, Lin conjured up a scale, and then placed a gold empress of the Karlsruhe Empire on each side. Seeing that the scale was tilted unsatisfactorily, all the nobles felt tense.
It seemed like one of the strings was broken.
"In addition to the beauty of the advanced coinage capabilities, the biggest benefit is the user's confidence. Is it possible that everyone in the world is willing to regard the coins minted by the five empires as fine money and give them the highest value?
Is it just because it has double-sided engraving?——"
[To be honest, I have been using Yeguo to read and catch up on books recently. I can switch sources and read aloud with many sounds. www. Android and Apple are available.]
Lin specifically pointed out an ordinary coin and enlarged its data.
"——Among the ordinary coins I have come into contact with, there are some that have a purity higher than that of the five imperial coins. But these coins are not necessarily due to the skills of the miners, it is very likely that the purity of the raw ore itself is high enough.
But this advantage does not bring more confidence to these coins. In the hands of users, the value of single-sided coins is still inferior to fine coins.──”
With a flip of his hand, Lin conjured up a mutilated coin minted by the Karlsruhe Empire but regarded as bad money.
"The so-called bad money is not necessarily caused by low purity. Many of them are just the wear and tear of the coins after long-term use, resulting in poor sales. Such coins, even if the purity is high enough, may be just as heavy as the coin itself.
It is not enough, so that the weight of the pure metal is lower than the average value of the coin, and it is not unjust to be regarded as bad money of insufficient value."
With a swipe of his hand, Lin took back all the seemingly complicated data. Lin mixed all the coins below the Coin coins together and continued:
"The current situation in Midland is that all kinds of coins are in circulation and used by everyone at the same time. Basically, everyone uses what they get. The Koin coins issued in the name of the goddess have not completely replaced other coins. In the present world of coins, what will happen to this coexistence?
"Except for those who ask for money, they must first find a way to exchange the coins in their hands into Koyin coins that are guaranteed by gods and are absolutely fair. The other methods are nothing more than using at a discount and discarding. The situation of using at a discount and discarding , I think you are already familiar with it.
"It's nothing more than when the confidence in the currency is insufficient, the value of the item is increased, charging more money to make up for the shortfall, or simply treating it as bad money and not using it directly. But adding Coin Coin Things will be different after this coin that can guarantee justice.”
Move your hands up and down so that all coins, including the Coin coins, are at the same height.
Unlike other coins that will wear out and be stained after use, the Coin coins protected by divine power will remain shiny at all times, which is really loved by everyone. Someone continued to shoot:
"Compared with the rough pricing methods that ordinary people use when using various coins, the goddess of gold coins' priesthood and divine power allow her to fairly judge the value of each coin. The consistency of Coin coins, and the power of Protected from wear and stain, it is more suitable to become the benchmark for all coins. Can anyone deny this? "
Glancing at everyone present again, Lin smiled charmingly and said, "Then has anyone ever thought about what the gap between the pricing of ordinary people and the goddess's when using the non-Koin coins in their hands represents?"
If there is a time traveler from Earth's modern past present, he should be familiar with this thing. It is called 'exchange rate', a very special financial commodity. Stocks are speculated on companies, and exchange rates are speculated on countries.
The assets and liabilities of a company can still be reasonably estimated by those who are interested. Stocks represent the actual value of the company. In addition to considering the size of a country's economy, things like exchange rates also involve Currency issuance, these things are not as easy to estimate as companies.
It's just that in the modern financial market on earth, whether it's stock prices or exchange rates, they have long since escaped the idea that they should represent the total value of a company or a country. Instead, they have become financial commodities that can rise or fall into the abyss at the mercy of speculation.
Of course, Lin didn't want Mi Di to enter this stage too early, or to enter this stage while he was still there. Because to this extent, it was no longer controllable by a small time travel group. Someone before time travel , he is just an academic geek, not the leader of some invisible plutocrat.
But everything is unpredictable, and some things can be avoided simply by not wanting to do so.
As an important birthplace of banks, the holy city of Estali has already seen shrewd businessmen discovering that the interest rate difference between Coin coins and other currencies is an operable source of profit. So these people are doing their best to rely on Work and business collect old coins. These old coins are then exchanged into Coin coins through banks.
A cow peels off two layers of skin, this is what those greedy hyenas are doing. The more savvy ones directly use Coin coins to buy old money! Redeem it at an extremely exaggerated ratio, and then enter the bank to generate profits.