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Text Section 54 Elantes Currency Reform

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    Section 54 Elantes Currency Reform

    Lin Fenghan looked at everyone who agreed and nodded happily: "Very good, since everyone supports these resolutions, let me explain the new currency now!"

    "The new currency uses special wool banknotes as carriers, and is called RMB. The amounts are 100 yuan, 10 yuan, 5 yuan, 2 yuan, and 1 yuan. Below 1 yuan are 5 cents and 2 cents.  1 dime. Below the dime are 5 cents, 2 cents and 1 cent. The ratios are 10 cents equal to 1 dime and 10 cents equal to 1 yuan. 1 yuan is the most basic national currency. From now on  All of our items¡¯ value measurements are based on 1 yuan.¡±

    Lin Fenghan took out a thick banknote that was 15 centimeters long, 7 inches wide, and the size of an adult's palm and said: "The exchange amounts for RMB coins and old gold coins, silver coins, and copper coins are respectively, 1 gold coin is equal to 100 RMB yuan, and one gold coin is equal to 100 RMB yuan.  A silver coin is equal to 10 yuan, and a dime is equal to 1 copper coin."

    "ah!"

    Paros looked at Lin Fenghan in surprise and said: "Baron, do you know the current exchange price of coins? Your exchange price is too low. According to my understanding, you can exchange 10 to 12 silver coins for one in the capital area of ??Elantes.  For gold coins, it takes 120 to 140 copper coins to exchange for one silver coin. And now our territory is very short of metals, and coins are more valuable. In some cheap areas, it takes 150 copper coins to exchange for one silver coin, and gold coins are even more valuable."

    "yes!"

    Emma Boumont, the head of the Ministry of Intelligence, also said: "Head of State, what Captain Paros said is very correct. We are currently very short of various coins in the territory, but the harvest of food is very abundant. The huge population needs tools and furniture.  There are too many, and every copper coin in everyone¡¯s hands must be spent several times its original value, so you cannot attract people to exchange for new coins with your current exchange amount.¡±

    "yes!"

    Pulet also frowned with dissatisfaction and said: "You must be kind. We, the lords of Elantes, have never taken coins from the people."

    "Um!"

    ¡­¡­

    Everyone looked at Lin Fenghan with evil intentions.  They all nodded.

    Looking at the misunderstood people, Lin Fenghan lowered his head, rubbed his eyes, and explained seriously: "Brothers, my exchange ratio is not to seize people's wealth. Nor will I allow 1 gold coin to be exchanged as you think.  The same as 150 yuan of citizen coins. Because our newly established currency will be a measure of the value of items, the official comparison of this standard must remain unchanged. Otherwise, now we have a gold coin dialogue of 150 yuan of citizen coins, waiting for us to come  Look at the scarcity of private wealth. If we change the standard to 100 yuan of RMB for 1 gold coin, then the people who have previously exchanged gold coins and still have RMB in their hands will curse us to death. Even the people who have no RMB reserves will also curse us.  Not trustworthy. The reason why I put the exchange of 1 gold coin for 100 RMB here is to establish this currency measurement standard. 100 RMB can always be exchanged for a gold coin with a gold content of 10 grams from the central bank. With gold and silver as standards  , our citizen currency can ensure the validity of its value."

    "The reason why you are worried about my exchange ratio here is because you are afraid that after our central bank releases the news, the people will not exchange the coins in their hands. Our central bank cannot function normally due to the lack of currency exchange. I am here  I want to reassure everyone that this will not happen.¡±

    Ali looked at Lin Fenghan.  Nodding her nose and smelling: "Yi Liuyun, it doesn't matter if the people don't exchange it after our central bank announces the news, but your standards will definitely make the wealthy citizen class people who have gold coins and silver coins in their hands curse, because the gold coins in their hands,  The silver coins themselves can be exchanged for more silver coins and copper coins, but the exchange standards of the central bank reduce the value of the coins in their hands, which is unacceptable to them."

    "Why can't they accept it?" Lin Fenghan looked at Ali.  And the people in front of them questioned: "Why do they ask farmers to use more copper coins and silver coins to buy the gold coins in their hands?"

    "What reason do they have for keeping their money worth more than it has? Why?"

    "Forehead!"

    Berichsibe touched his head in embarrassment and said: "Because they have money in their hands, because our gold and silver mines are lacking. Because our national supplies are blocked, and the coins are also blocked. Because the people need these coins to preserve their value.  So the money in their hands is valuable.¡±

    "Baron Berichsibe said very well. It's just because our country is short of coins that the bosses of these banks and the wealthy residents of the towns are getting carried away. They regard the gold and silver coins stored in their hands as treasures and refuse to exchange them at regular prices.  Lin Fenghan raised his hands and gestured.

    "But everyone needs to know that this situation itself is unacceptable.Normal.  A silver coin, a gold coin, a copper coin, their existence is to measure the work value and use value of food, furniture, items, and labor, rather than to allow them to appreciate in value.  It is precisely because our country is currently short of various mineral deposits, which has led to their prices being artificially high. If this continues, it will not be beneficial to the country or the people, so we have to establish a central bank here to maintain the market and the national economy.  Maintaining order and ensuring the healthy development of our economy and the people's livelihood and contentment are our goals.  The establishment of the central bank is to break this evil trend, return the market to a clean state, and allow the value of each item to increase back to its original level, so that the people can realize the benefits of economic growth and cause heavy losses to those speculators.  Stop getting something for nothing from happening.  "

    Lin Fenghan looked at everyone with a stern face and explained: "The reason why I exchanged 1 gold coin for 100 yuan, 1 yuan is equal to 10 dimes, and a dime is equal to 1 copper coin, is to establish the correct currency value based on gold coins and copper coins.  The system is thus linked to the currency in the current market, allowing the market to return to normal.¡±

    "When there is no shortage of gold and silver, general commerce is to exchange one gold coin for 10 silver coins, and one silver coin for hundreds of copper coins. Each copper coin can buy varying amounts of food and items. The currency of our Elantes Central Bank  The purpose of the exchange standard is to be linked to the normal currency market."

    "This currency exchange will use banknotes as the main currency. Commemorative gold coins and silver coins will be used as collectibles, and copper coins and iron coins will be used as the basic one yuan and one dime for circulation. Now many refugees in the country of Elantes are reclaiming land.  A lot of food has been produced from the land. Except for a small part of the tax revenue, most of it is reserved in farmers' warehouses, and the private market cannot circulate goods due to the lack of coins. We now use the name of the central bank. Forcibly using citizens  The currency is used as the tax standard, and the grain in the hands of farmers is purchased at the price of RMB, and then transported to urban warehouses. The market price of the grain in copper coins is measured in RMB and sold normally. This allows the people to unconsciously participate in the operation of RMB and thus do not know  Unknowingly, it spreads our currency and makes the RMB the legal tender of our country.¡±

    "yes!"

    Berati nodded, stood up with a smile, and said to everyone: "You must have brought many gold coins, silver coins, and copper coins! These coins are very bulky, easy to wear and tear during circulation, and are very inconvenient to use. Therefore,  The transactions of many city chambers of commerce are generally done with bills, and then the bills are exchanged for commonly used coins at the branches of each chamber of commerce to distribute the goods and purchase supplies. The RMB is very convenient to use, it is small in size, and it is special.  The paper is used as the carrier. It is easy to carry, easy to store and easy to exchange. As long as everyone uses it for a while, they will like this new coin."

    Kelande walked to Lin Fenghan, took out a sample coin from the table in front of him, looked at it and said: "This paper money is indeed good, but I can't believe it can be compared with gold and silver. If I suddenly encounter  Sudden transaction. But foreign businessmen only want gold and silver coins, so all the grain in my hand is sold for RMB. What should I do now? How can I use RMB to buy foreign goods?"

    "this is very simple."

    Lin Fenghan opened his mouth and explained: "Our Elantes Central Bank supports the exchange of citizen coins and gold coins, silver coins, and copper coins. As long as they are in specific areas, they will not be subject to quantitative restrictions. So if you encounter such a thing, you can go to the Central Bank  Exchange the banknotes into silver coins and gold coins, and then go buy foreign supplies. But please don't worry. In the future, all merchants and caravans entering the country of Elantes will have to pay taxes in citizen currency, so we will let them accept citizen currency and learn to change  of."

    "ah!"

    Kelande was stunned, and then asked smartly: "What if I exchange a lot? I take out a lot of citizen coins and exchange them for the central bank's coins. Can I exchange all these coins? Once these gold coins and silver coins are exchanged,  , then the credit of this set of RMB will be ruined, and the bankrupt RMB will naturally be worthless, so the people holding the RMB will definitely come to the central bank to settle accounts."

    "Ha ha!"

    Lin Fenghan smiled generously and said loudly: "Don't worry, Ke Langde! Gold coins and silver coins can never be exchanged. Every yuan of citizen coins we distribute depends on gold coins and silver coins in the warehouse, as well as real food and items.  Doing asset accounting. The quantity and value of RMB and materials are in a one-to-one ratio, so it is impossible to have the situation you describe. Even if you can take away most of the money in the hands of the people, you still can't let us  The country¡¯s central bank is bankrupt.¡±

    "oh!"

    "That's good!"

    Keland stood up, looked at the sample RMB coins and said: "Yi Liuyun, as long as we can create unique RMB coins and are not afraid of others imitating them, then let's get started on this matter.We fully support you.  "

    "good!"

    Lin Fenghan turned to look at Berati and said: "The sample banknotes have been designed. Now I give you permission. You can recruit experts from the government and the military, including private citizens, establish mints, and print coins. At the same time, you can print coins as soon as possible.  The capital Haisha City will establish an experimental central bank and issue banknotes to see the market effects."

    "Um!"

    "I will not let you down. When the new currency appears, I will be the first central bank governor of the kingdom, and even the first banknote expert in the surrounding areas, and my reputation will be spread throughout the world.  History will record my achievements." Berati nodded with stars in her eyes, and everyone around looked at her actions with envy.

    ? ? ? ? ? ? ? ? ? ? ? ? ?

    Keland coughed twice and said seriously: "Let's talk about the recent developments of our neighbors to the west."

    "Since we, Elantes, established our country, the surrounding area seems to have fallen into tranquility, just like the scene before the storm. In these months, the militiamen in the area around our Takojian Fort bordering Duke Brant have continued to cut down trees and build  Various projects and various ship trades in the surrounding ocean are very ordinary. They often go to sea under the blockade of our naval warships. In the areas outside the west of Dancing Bay Strait, there is no support from land islands and supply points, so our naval patrol fleet  It didn¡¯t go deep inside.¡±

    "The city of Ramis to the west of Shenmu City is much more lively. Count Lamel stole the chicken but lost the rice. With a lot of military supplies, the boy seemed to be frightened from then on. After returning to the city, he recruited knights overnight.  , warriors, and various infantrymen, while repairing the walls of Ramis City and building numerous fortifications around it. Secretly contacted the nobles under Duke Brant in the north. Since we have seen it, the western border of Shenmu City  There were more reconnaissance spies in the area. Faced with the king's edict, Count Lamilee seemed to have a lot of ideas. I heard that he had organized a force of more than 30,000 people to conduct training at various stations in his family's territory, preparing to cooperate.  The Duke of Brant in the north sent troops to attack us to avenge us."

    "oh!"

    "That kid still hasn't given up yet!"

    "You really deserve a beating!"

    "yes!"

    "Baron. If we send out troops to fight this time, we will attack Count Ramiller first. This guy is the weakest and is close to the coast. Our naval guns seem to be able to blow up the walls of the city of Ramis, as well as his family's coastal towns.  It can completely cooperate with our army¡¯s attack.¡±

    "Um!"

    ¡°Bono, dong, Bonos nodded one after another.

    Lin Fenghan looked at everyone and nodded, and said seriously: "The surrounding situation is very unstable now. The spring grain harvest has passed, and the kings and nobles in the north have sharpened their swords and prepared for revenge, but their navy is not strong enough.  We are building ships crazily, and after months of recruitment and revision, our national army has reached a total strength of 80,000, including more than 50,000 main battle corps that can be mobilized. Recently, our neighbors to the west have been making a lot of moves, and various  The news came to my office like flying flowers. I didn¡¯t want to talk to them before because we needed to be busy with many internal affairs, but now the government affairs in various places have been busy, our previous territorial success has been completed, and it is time to take further action, so  I am now going to ask officials from various places to mobilize our troops to gather towards Shenmu City. We are going to send troops to attack Ramis City and take down all the territory of Count Lamie."

    "Um!"

    Aishina nodded coldly.  He said softly: "Everyone, please rest assured. We Senvi people have prepared a large amount of food supplies, spears and weapons in Shenmu City. As soon as the army sets off, it can guarantee all the food expenses of the 50,000-strong army within a month."

    "good!"

    Lin Fenghan clapped his hands and said with a smile: "In that case, without further ado, let's discuss mobilizing those infantry regiments to go to Shenmu City."

    Everyone touched their eyes, looked down at the map on the table, and discussed loudly.

    Bonos said: "The naval force and the Marine Corps are ready for battle. As long as I notify you, we can set off towards the southern sea within a week!"

    "No!"

    Platt stretched out his hand to stop and said seriously: "Our border defense troops must not be mobilized, especially the main battleships of the Northern Navy. At present, our two capitals of Elantes are in the coastal areas, and the navy's battleships are already the city walls of our country.  Once, it was because our navy went south that we gave the Northern King's troops an opportunity to capture Haisha City. We must not give them a chance this time."

    "Um!"

    Lin ???Han nodded, looked at Bolasruo and said: "In this war, the Northern Fleet and the Eastern Fleet will respectively guard the territory, and the Southern Fleet will fight together with the main force. Attacking coastal cities does not require too many warships."

    "All right!"

    Bonodong nodded helplessly and said, "Then our fleet will try its best to guard the capital, maintain maritime security, and stick to its job."

    Ramsay smiled eagerly and said: "With the naval force on the defensive, the capital is already impenetrable, so my heavy cavalry unit does not need to stay in the capital area. I decided to send my two elite heavy cavalry  Regiment, the two new heavy cavalry regiments are all brought to the battlefield to give Count Ramis a good look."

    "No!"

    Korande said seriously: "Our border area in the Vico Mountains cannot be separated from the protection of cavalry. The Takojian Fortress also needs cavalry and other fast troops, so you must leave a new heavy cavalry regiment in Takojian.  Fortress. And I will also leave a new light cavalry regiment, and the remaining three regiments of light cavalry will fight with the main army."

    "ah!"

    Mayoden looked at the dull-eyed Ramsay and smiled, looked at the many commanders in front of him loudly and said: "We have important enemies in the western region, so our main force cannot be completely mobilized. It must be in the Takojian Fortress.  , leaving several regiments of troops to defend the Vico Mountains, so that other troops can follow the baron and head towards the city of Ramis. Everyone, I am honored that my infantry regiment is not among them, hehe!"

    Lin Fenghan looked at the people with different expressions and smiled softly, and said loudly: "Don't worry, everyone, Ma Youden is right. But those who want to join the war can leave half of the infantry regiment, and the rest will follow me.  Develop your own talents.¡±

    "good!"

    "Leave the reserve regiment and some of the infantry, and set out with the elite. They will definitely be able to seize the battle glory and become the third wave of canonized generals Romella, Persi, Kond¨¦, Mayoton, Julari, Lanska, and Tabu.  A brigadier general who was once again promoted after Lostra.¡±

    Everyone said with excitement and envy.

    October 17, 2013 23:20:13 (To be continued. If you like this work, you are welcome to come to Qidian (.) to vote for recommendations and monthly votes. Your support is my biggest motivation. Mobile users please go to  mreading.

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