Chapter 928

How much is enough gold?

A ton? Ten tons? A hundred tons? A thousand tons?

No one is accurate.

According to the formula given by Julong, the proportion of brass and gold in oreha steel accounts for the vast majority.

The specific production ratio of oreha steel is brass: Gold: Secret silver: AOJIN: dragon blood = 8:1.5:0.3:0.1:0.1.

This means that to produce 1000 tons of oriha steel, 800 tons of brass, 150 tons of gold, 30 tons of secret silver, 10 tons of AOJIN and 10 tons of dragon blood are used - of course, because the effective component gold cells are extracted, dragon blood can be replaced by gold cells. According to the average content of gold cells in the dragon family, the effect of 10 tons of dragon blood is about 4 to 5 tons of gold cells.

Brass is easy to say. Prandar's copper reserves are very large. At present, the mined brass is mainly used to produce tap water pipes, as well as some metal utensils and parts of magic machinery. The production capacity is absolutely sufficient.

It's easy to say that once the Dihang dragon breeding industry is launched, the supply of gold cells can be said to be continuous, and there's no need to worry.

The trouble lies in gold, Mithril and AOJIN.

Note that the consumption of this formula is calculated by ton!

If Mithril and AOJIN can be calculated in tons, can they be regarded as rare and expensive magic metals?

Dwarves, blacksmiths, alchemists and other professions use secret silver and AOJIN on the basis of grams!

Recalling sashaglott's words and thinking about the huge golden statues in the strange space, Donne twitched in the corners of his mouth.

Prandal's Secret silver and AOJIN have been made into olliha steel by them to create the golden giant statue - but of course Donne won't destroy the body of the golden giant statue again and reshape it to produce magic gun armor for the dragon. It's no doubt that he picked up sesame and lost watermelon.

Fortunately, Donne holds the golden thighs of the gods, Mithril and ogin. He has them. Although it is impossible to supply large-scale industrial production, it is no problem to deal with this batch of orders from Sasha glott. As for the remaining Mithril and ogin, he can only find them from other magical metal mines.

Of course, there is another place.

Star boundary.

The mineral resources on the planets in the star world are also quite rich. In addition to magic metals, there are also heavy metals such as gold in the star world, but the biggest problem is... There is no way to exploit them on a large scale.

Mining in the star world is equivalent to mining in the outer space asteroid belt. Now prandal's industrial level has not even broken through the atmosphere. How can it have the ability of outer space mining?

If you use the power of magic to overtake in a corner and take a shortcut, you can realize a small amount of mining, but you also need a stable star base to do it, and you have to convince those magicians who have at least a master level level to be willing to go to the star world to take risks and work as miners

Unless the power of magic completely fades its mystical color and becomes an ordinary power that can be completely popularized, this can happen.

At present, it seems that we should first deal with the orders of Sasha glott, and then find ways to find materials for subsequent production.

"Gold?"

Fiona frowned: "is our existing gold mine capacity not enough?"

"I can't say enough. I just thought of one thing... Don't you think there are too many gold coins in circulation in various countries on the mainland?"

Donne's words stunned Fiona and surprised her: "do you want to --"

"Yes, I want to recycle gold coins, smelt and separate them, and then restore the gold to the status of industrial raw materials."

Donne nodded and said, "in the past, there were too many and complex gold coins issued by various dynasties, and some of these gold coins were stored in the coffers of various rich people, and some were still circulating in the market, which was very unfavorable to the healthy development of the economy, so I think we should do something."

Fiona hesitated a little. After a moment, she said, "would it be too reckless to do so? Gold coins have been prandal's currency for thousands of years. If we want to carry out monetary reform, we will certainly encounter considerable resistance."

"How to say, the economic policy of the gold standard is based on the rare value of gold, but look at the current market, do you think gold is rare?"

Donne let go and Fiona had nothing to say.

Because he's telling the truth.

Now there are hundreds of thousands of gold coins in any product. If it were not for the emergence of the Star Diamond bank, I'm afraid even the transaction would be a problem - because it's impossible for anyone to go out with so many gold coins all day and crush people.

As a currency, gold coins have many disadvantages. If the reform can be carried out, it will be beneficial, but if the reform cannot be carried out smoothly, I'm afraid it will brew a very huge hidden danger.

It is not that the coins of the current Ilus empire are over issued, but because the previous concept of gold = equivalent has been inherited, the gold coins of the old empire often have a large stock in the world and have not been recycled and recast, which leads to the current strange circle.

In fact, the existence of Star Diamond bank has greatly reduced the difficulty of gold coin trading. Bulk transactions have begun to use the bank card of Star Diamond bank for direct card swiping settlement, and the accounts are calculated within Star Diamond bank. In fact, prandal has a prototype similar to electronic payment, and has not fully realized electronic payment, Money naturally has its value.

"Do you just want to recycle old gold coins, or do you want to reform the current gold coin monetary system?"

Fiona sighed: "if it's the former, I can find a way. If it's the latter, I'm afraid you have to discuss with Princess Aurelia and queen OLINA. The impact is too big and complex. I still can't play with political things."

"Do it all."

Donne said decisively: "it is not only to recycle old gold coins, but also to carry out the existing monetary reform, abolish the monetary system of gold coins and introduce new currencies."

"New currency?"

"Well, for example... Paper money."

"Paper?"

Fiona was even more surprised: "how can paper be used as money?"

Donne thought about it and said: "Let me explain to you. For example, I am the president of Datang chamber of Commerce. You are the raw material supplier of Datang chamber of Commerce. Now I owe you one million gold coins. I don't have gold coins on hand and I don't have a card reader of Star Diamond bank for settlement. Then I write an IOU in the name of the president of Datang chamber of Commerce. You can use this IOU to pay in Datang chamber of Commerce Are you willing to accept the goods worth one million gold coins exchanged by any shop? "

Fiona said without hesitation, "of course."

"Why would you?"

"Because you are the president of Datang chamber of Commerce... Oh! I see!"

Fiona immediately realized: "the currency here represents credit!"

"That's right."

Donne smiled with great satisfaction: "expand the scene a little more. As the king of the Ilus Empire, I guarantee in the name of the king and issue paper money instead of gold coins. I guarantee that the purchasing power of paper money is the same as that of gold coins in the name of the royal family. Do you think businessmen will choose portable paper money or heavy gold coins?"

"Paper money, of course," Fiona added after a pause. "If the merchants are willing to trust the credit of the Ilus imperial family."

"Yes, so to issue a new currency, the first thing to solve is the credit problem of the royal family, or more broadly, the economic, political and military strength of the Ilus empire. Only with strength can it be widely recognized, and the value of the currency issued can be more easily accepted by the market."

Donne continued: "by issuing new coins, recycling redundant gold in the market and smelting it into materials, we can greatly alleviate the problem of raw materials of oriha steel, and digest the gold coins left over from the previous dynasty in the process of currency replacement."

"Do you want to recycle those old gold coins at a discount?"

"Of course!"

Don en said with a natural look: "That's the currency issued by the previous dynasty, how can we recognize it! The reason why they can continue to circulate now is only because the object acting as the equivalent is' gold '. Once the status of gold is restored from the equivalent to metal material, those old gold coins will lose their trading value. Even if they are collected, it is meaningless, and they will force those people to sell them The gold coins that have been stored and do not circulate will be exchanged. "

"Most importantly, in the process of replacing new currencies, we can control the total amount of new currencies issued. Through the replacement process, we can know how many currencies are actually issued in the market, so as to macro-control the whole market."

Carrying out monetary reform is certainly not such a simple thing, but Donne only knows so much about this. He is completely ignorant of more complex economics and finance. He can't play with things such as treasury bonds and securities. He only knows that paper money is an embodiment of government credit, and now the new government of Ilus Empire, represented by him, has revitalized the whole empire Freshmen, the unprecedented high public support rate, coupled with the unparalleled position of Datang chamber of Commerce, the implementation of this new policy is ready, only due to the east wind.

Of course, it may be better to implement such a radical policy in a few years, but the problem is that time doesn't wait. Don can afford to wait. The world can't afford to wait

Who knows when the chaos army will arrive?

Therefore, it is better to promote policies that can promote economic development and industrial progress as soon as possible.

"But how do you persuade people to exchange the new currency?"

Fiona asked Donne, "the emergence of new things is always accompanied by all kinds of doubts and suspicions. How can people accept the new currency so easily?"

In people's minds, gold coins are equal to gold and valuable things. If you let them exchange gold coins for paper money, they can't be so easy to accept.

It took a very long time for paper money to replace alloy money on earth. Jiaozi in the Tang and Song dynasties in China was the earliest paper money, which existed as the embodiment of bank credit. Later, Australia was the first country to completely use paper money to replace alloy money. After nearly a thousand years, we can imagine how difficult it was.

Fortunately, don really has a way.