Currency is a tool for measuring prices, a medium for purchasing goods, and a means for preserving wealth. It is a contract between property owners and the market regarding exchange rights. It is essentially an agreement between owners.
To sum it up in the simplest sentence: "I give everything I have to the market in exchange for what I need."
Any race that has a desire to communicate with the outside world, or a civilization with a certain number of internal individuals, will naturally have currency.
Many races in Azeroth have met this requirement, but the number of races and civilizations in Azeroth that have their own currency is not that many.
Tonatiu knows that the only races that have their own currency are humans, goblins, dwarves, Kaldorei and Quel'dorei, as well as trolls, which here refers to Zandalari trolls.
What is very strange is that the main currencies of these civilized, racial, and national powers, without exception, are gold, silver, and copper.
They are very different in appearance, size, quality and gold content.
The heaviest single currency and the one with the highest gold content is the dwarf's cast-iron coins, which are called cast-iron coins. They actually include four currencies: gold, silver, and copper.
A dwarf gold coin contains almost twice as much gold as a goblin almond coin, but is only 1.5 times heavier.
This shows that the gold content of dwarf gold coins is high, while the gold content of goblin gold coins is low.
The reason why the gold coins of the dwarves are of such high quality is not only related to their personalities, but also because the dwarves are very good at mining, and there are many minerals in the places where they live.
In fact, gold is one of the famous outputs of the dwarven kingdom, along with spirits and casting. These three technologies are well-known in the civilized country of Azeroth and among civilized races.
Generally, dwarf kingdoms are located in high mountains or mountains. These places are not very suitable for planting, and it is difficult to raise dwarves who are addicted to alcohol.
The little grain produced by the dwarf kingdom is barely enough to feed the dwarves, but it is far from enough to make wine.
Zutona currently has hundreds of thousands of residents under its jurisdiction, and the currency in circulation is very complicated.
The Kaldorei brought their leaf coins, non-round gold coins that resembled leaves.
The goblins brought almond gold coins of varying quality, the Zandalar trolls brought Tahar gold coins, and Gadgetzan and the adventurers who poured into the desert brought various gold coins from other races.
I have to mention that among so many currencies, Goblin’s Almond Gold Coin has the lowest credibility.
Not just because they are the lightest and have the lowest gold content.
It’s also because the gold almond coins of the goblins, apart from the similar appearance, almost none of the gold coins are the same in terms of craftsmanship and details.
The reason why this happens is because unlike other racial currencies, which are generally produced by the government, the goblin gold almond coins do not have a unified origin for the minting rights.
According to the boss of Hotsand, every goblin company has its own almond coin, and goblins working in this company only receive wages in this currency!
Simply put, on the goblin side, as long as you have gold, silver and copper ore, you can mint your own coins!
As for whether it can be circulated and how circulated it is, it depends on the goblins' own methods.
For example, Hotsand Company has its own mint. The Hotsand brand almond gold coins minted are very famous within the region and the Undermine area. They are trusted and loved by goblins. They are the currency with the highest gold content and the most loved by goblins.
These are all what Hot Sand said.
Basically, the races that have currency have reached a certain level of civilization development, the number of individuals has also reached a certain level, and a political system similar to a country has emerged.
If Zutona wants to maintain financial stability for a long time, it must have its own currency system.
In the past, Tonatiu believed that it would be sufficient to issue Azteca coins in a manner similar to banknotes, guaranteed by the official credit of Zutona.
At the same time, you can also use the special magic of Aztec coins to collect the power of faith from the misers.
Everything went smoothly at the beginning. As foreign exchange, Aztec coins flowed into Hotsand Company in large quantities and were held by the goblins.
However, as Zutona's territory increases and its size grows, the Aztec currency, which is similar to the food stamps of the planned economy, gradually cannot keep up with the speed of Zutona's economic and trade development.
Simply put, as the population increases, there are more and more trolls and residents doing business, and the people's demand for currency also increases.
The output of Aztec coins, the legal currency of Zutona, has gradually failed to keep up with the development of economy and trade.
The main reason is that the Aztec coins are made of high-quality Devilsaur skin, processed in a special way, and then enchanted with magic by the sorcerer, and an additional layer of insurance is added in Zutona's special enchantment hut.
Doing so can make it completely impossible to forge, and can also collect the power of faith and pass it on to Tonatiu.
The disadvantage is that the output is indeed low, not to mention the difficulty and requirements of double enchantment.
Just the fact that the material is Devilsaur skin makes it worth a lot of money...
Devilsaur skin is one of the best leather materials. An equipment made of Devilsaur skin can be sold for a very high price.
If you use this kind of thing to make currency, it would be fine if the currency value was higher. But if it is a currency with a small currency value of one or two yuan, the issuance value cannot keep up with its own value.
Therefore, Zutona issued a lot of low-value Azteca coins, and almost no Azteca coins worth less than five yuan were circulated on the market.
All of them were collected by the shrewd goblins, who directly found a way to wash away the enchantment and turned it into a small devil dragon skin.
With this operation by the goblins, low-value Aztec coins were suddenly in short supply.
In addition, trolls also recognize gold. Zul'Farrak used to have an ancient Zandalari gold coin in circulation, and the recognition of gold coins has always existed.
Tonatiu quietly listened to Zangar's explanation of Zutona's current monetary system.
He also realized the shortcomings of his original Aztec coin idea, which was the issue of circulation and usage.
Countries on Earth can use banknotes because any country on Earth excludes some weirdos.
There are at least a few million people, and banknotes have long been used around the world.
Azeroth had no concept of paper money before the trolls' paper money appeared. It was Tonatiu who forced the goblins to accept it.
The goblin held such a large sum of foreign exchange that was not gold. Although he could buy things from the troll, he still felt uncomfortable.
To be on the safe side, Hotsand Company, whether within Zutona or other goblin forces, has been promoting the Aztec currency. The goblins are also afraid that the banknotes will depreciate or lose their credit.
They try to sell it out, and when this happens, it’s not just Hotsand Company that will suffer!
"Well... we do need to make some reforms." Tonatiu agreed with Zangar's opinion.
"What is the opinion of Parliament?" he asked.
Zutona also has a council, which is the leaders of the original group of sandblood trolls, plus some representatives who came later.
However, the presence of Zutona's council is very low. Due to the existence of Tonatiu, they only have the right to make suggestions.
"We consulted goblin tycoons and Zandalari scholars, and they agreed that we should discover a new, low-value currency."
"In the future, the currency value of Aztec coins issued should not be less than 100 yuan, and they are mainly used for large-scale transactions. In addition to Aztec coins, some silver coins and copper coins should be minted for circulation and use by the people."
This is probably the best solution at present, and Tonatiu agreed with the parliament's proposal.
By the way, Zangar is the speaker of this parliament. At the same time, the goblin Marin and another female goblin, as representatives of the goblins in the Zutona family, are also members of the assembly.
Zangal also said something else. The first batch of 500 Sindra mages arrived at Zutona half a month ago, carrying some very precious books and scrolls.
Apparently Torsedlin was secretly more urgent than he appeared on the surface. The arrival of Master Sindra greatly improved Zutona's arcane system and spell power.
Zangal didn't know what to do with these overzealous mages, so he could only arrange for them to be admitted to Tonatiu Academy, and Prince Tosedrin replaced Modera as the dean of the Spellcaster Academy.
Tonatiu didn't think about how to arrange them. These Sindra mages were more scholars than mages, mage-type scholars.
They may have fighting ability, and they are very powerful. But if they really want to fight...if they really have this ability, Dire Maul will not become Dire Maul in the future.
There is currently no war in Zutona that requires so many mages to participate, and since they have just joined the troll system, it seems inappropriate to let them fight all at once.
This arrangement of Zangar seems to be the best solution at present.
"Let them teach students and study magic at the same time."
