Urban Sims

Chapter 539 Banknotes
Zhou Ming, who doesn't want to worry about so many things, stays with his pregnant wife at home and pays attention to the movement of the fetus every day.

But the series of problems encountered by the family were still put in front of him by his frowning father Bai Xutang, asking him to think of ways and solutions.

what is the problem?
inflation.

Now the entire Wancheng country is facing the problem of inflation.

How serious is this problem?
It is mainly related to the amount of treasures that each city looted from other continents.

The greater the amount of treasure looted, the higher the inflation rate, which is about 30 times or 50 times.

The amount of treasure looted is average, and the inflation rate is medium, about 10 times or 20 times.

Cities with less plundered treasures have a lower inflation rate, about 8 times or 10 times.

Because of the high degree of economic integration in Wancheng, the inflation rates of each city have the characteristics of mutual influence, so even in cities with low inflation rates, the price level has generally increased by more than 10 times in the past ten years.

As for Xuanqing City, among the thousands of cities, the inflation rate is relatively fast, and it has increased by more than 30 times in the past ten years.

Is it good or bad that inflation is so high?
Of course it is [-]% bad.

In fact, before Wanchengguo expanded abroad, there has been a problem of slow inflation in China, about 5% per year, and the impact is not very great.

After successively annihilating Nanyuanzhou and Xiyuanzhou, and plundering most of Beiyuanzhou, Wancheng Kingdom, where the huge amount of wealth was transferred, has an annual inflation rate of more than 50%.

This affects groups of all walks of life.

For the rich, the hard-earned money has become worthless, and many middle-class people who live a smart life suddenly become the poor class.

The original impoverished class has become an extremely poor class because income growth cannot keep up with the soaring prices.

And those local tyrants whose net worth exceeds tens of billions, hundreds of billions or even trillions, they are not happy, because the higher the inflation rate, the more their wealth will shrink.

So no one likes inflation.

So what is the culprit of inflation?
currency.

Currency in circulation in the market.

This is the so-called "spirit coin".

The size of the inflation rate is directly determined by the number of spirit coins participating in the circulation in the market.

As a special material that can repeatedly charge/release spiritual energy, it is a spiritual coin that is convenient for monks to practice, and its value was very high in the past.

In terms of purchasing power, more than 20 years ago, one spirit coin could buy at least 2 kilograms of fairy crystal rice, more than 1 catty of beef, or a full meal in a cheap restaurant.

What now?
It takes at least 1 spirit coins to buy 10 kilogram of fairy crystal rice.

Not to mention other commodities.

Therefore, in the current Wancheng Kingdom, the most common scenery line is: ordinary people carry bags of "spiritual coins" and buy various commodities on the street.

Spirit coins are relatively heavy, and the weight of several thousand pieces together weighs thirty to forty catties.

"Carrying spirit coins weighing dozens of catties on your back, to buy a product that may only weigh a few catties... I believe no one wants to experience this kind of shopping experience."

But who can tell that a greedy person can't restrain his greed, he insists on swallowing Nanyuanzhou and Xiyuanzhou, and transports tens of trillions to hundreds of trillions of spiritual coins to Wancheng country without inflation No wonder.

Zhou Ming felt amused, but the problem still needs to be solved.

How can we solve it?
Father Bai Xutang said: "Why don't we put some 'pressure' on those profiteers and tell them not to raise prices arbitrarily? The treasures that Bai Mu's two sons sacrificed their lives in foreign continents turned out to be all cheap for those profiteers, and they did it for them. Wedding dress?"

Bai Xutang was indignant, and planned to take some profiteers to death.

Those hateful profiteers have been raising prices every year, crazy price increases, he has endured it for a long time!
"No! Never!"

Zhou Ming waved his hands again and again, "It's not that those merchants are treacherous, but because they have to. A price increase in any link from raw materials to factories and distributors will force the merchants to raise prices. It's useless for you to take them out."

"Then... what should we do then?"

Bai Xutang asked: "Is there no way? Just keep going up like this?"

"It won't continue to rise. Wanchengguo has stopped its external expansion recently, and there is no external currency input. In the next few years, the inflation rate will drop significantly."

"However, what needs to be solved now is the problem of payment inconvenience caused by high prices. Regarding this problem, I have a better solution. If the implementation effect is good, the inflation problem may also be solved together."

Zhou Ming said with confidence.

"Oh, what plan? Let's hear it."

Bai Xutang's eyes lit up, and he hurriedly asked him.

"Paper money, issue paper money to replace the spiritual coins circulating in the market..."

Zhou Ming slowly stated his solution: issue banknotes to replace spiritual coins with increasingly low purchasing power.

Bai Xutang was dumbfounded when he heard it, as if he heard the Arabian Nights.

His head was shaking like a rattle, and he yelled that it was ridiculous.

"No, no, no, no, no, no, no, the banknotes you said are absolutely unacceptable. It's just a piece of paper. You say it's worth thousands of dollars. Who would believe it? Who would dare to use it? How dare a piece of paper be worth so much money?"

"This plan won't work, it definitely won't work, and it won't solve any problems."

Bai Xutang couldn't imagine the scene of people trading with each other with a stack of papers. The traditional concept told him: Except for spiritual coins and some metal coins, nothing can be used as currency in circulation.

Not to mention the damn cheap paper nowadays, even if it is printed with a bunch of anti-counterfeiting patterns and anti-counterfeiting watermarks, it cannot pretend to be thousands of spiritual coins and really spend it, not to mention that no one dares to spend this kind of money, No one would dare to accept such money.

In his heart, Bai Xutang completely rejected this plan.

Zhou Ming explained: "The essence of currency is a kind of credit guarantee. As long as the currency value of the banknote and the value of the corresponding collateral maintain a relatively fixed exchange ratio, the banknote will have the characteristics of circulation. As long as our official credit guarantee is provided, someone must be willing to accept the banknote." use."

"Of course, I don't deny that spiritual coins have some practical value other than currency, but in Wancheng Kingdom, spiritual coins are flooded and depreciated seriously, and for the vast majority of ordinary people, they are not used at all. The practical value of spirit coins, to ordinary people, spirit coins are no different from ordinary stones, but they inherit the bulkiness of stones."

"It is inevitable that Lingbi will be phased out from the circulation market, and it must be replaced with a better currency, and banknotes are a good choice."

Seeing that his father was still shaking his head, Zhou Ming said directly: "In this way, I personally take out 100 billion spiritual coins, print banknotes with a total denomination of 100 billion, and do a circulation experiment in Xuanqing City. How is the implementation of Qingcheng?"

Bai Xutang was taken aback when he heard this, "100 billion, this is not a decimal number, what if it's all in vain?"

"Don't worry about it, you just need to nod your head in agreement."

"Ok."

Bai Xutang nodded. His son is worth trillions, more than his family. He is willing to spend 100 billion to burn it, so let him burn it.

……

then.

In the next few months, Zhou Ming, who bought a paper product printing organization at a high price, led the technical staff and spent three months developing a "money printing machine".

Solved the problem of anti-counterfeiting. The printed banknotes are not only beautiful in material and design, but also waterproof and not easy to be damaged. With the addition of watermarks, gold lines, and sun-through characters, the possibility of counterfeiting in the short term is almost zero. .

Hold it in your hand like a work of art.

This kind of banknote, Zhou Ming named it "Golden Yuan Coupon".

设置了10元、20元、50元、100元、500元、1000元这六种面值（5000元、1万元的大额面值，暂不考虑印刷）。

And it is linked to the spirit coin, how much face value corresponds to the purchasing power of the spirit coin.

After the banknotes with a total amount of 100 billion were printed, Zhou Ming put them in Xuanqing City and began to experiment with market circulation.

In the first few days, people had the same thoughts as Bai Xutang, doubting the value of banknotes. Few of the common people dared to use them, and few merchants dared to accept them.

Zhou Ming did the work of a group of businessmen, and showed them the spiritual coins and treasures worth tens of billions in the treasure house of Xuanqing City's money bank, indicating that the credit of Xuanqing City's gold round coupons is based on these treasures.

The businessman expressed his willingness to accept paper money, and in the business dealings with the Bai family, he quickly realized the many conveniences brought by the paper money, and he was full of praise...Businessmen began to generally accept it.

Merchants accept banknotes, and ordinary people naturally dare to use them. From the beginning, they used the small denominations of 10 yuan, 20 yuan, and 50 yuan carefully. After experiencing the convenience, they went to the money bank to exchange 100 yuan, 500 yuan, and 1000 yuan. One exchange is tens of thousands, 10,000+. In just one week, all 100 billion banknotes were exchanged.

Zhou Ming and the others did not expect that within ten days or so, tens of billions of spiritual coins would be exchanged out. They were snapped up by common people and merchants, and even hoarded. They were sold on the black market at a ratio of 1.1:1 or 1.2:1. For those who want to change paper money, but can't.

The value of banknotes exceeds its own denomination.

Paper money has become the most popular thing nowadays and a status symbol.

Some people put two 1000-yuan banknotes on their body, and when they took them out in front of everyone, there would be voices of envy all around them.

A rare 1000-yuan gold coupon was printed, and someone on the black market took out 5000 spirit coins to buy it.

Bai Xutang was dumbfounded watching all kinds of grotesque phenomena, his jaw dropped to the ground.

Even for some reason, he also likes to put a stack of brand-new thousand-yuan gold coupons in his pocket, and takes them out intentionally or unconsciously in front of the guests.

Naturally, apart from his full support for the full implementation of currency paper money in Xuanqing City, of course he has no opinion.

As a result, within half a year or so, Xuanqingcheng basically achieved full banknotes.

And the amazing thing is that after the full circulation of the golden round coupons, it was announced that it would also be linked to the prices of basic daily necessities such as grain and meat. The inflation in Xuanqing City has been effectively controlled historically, and the inflation rate has been controlled at 2% within half a year. within.

With such a successful experience, how could other cities in Wancheng Country not learn from it?

So the money printing machine in Zhou Ming's hand, priced at 2 million spirit coins, was sold out in a short time, and thousands of orders were backlogged.

The country alone placed an order for 300 units.

Zhou Ming made another small fortune.

All kinds of banknotes also quickly entered thousands of households and hundreds of millions of families in Wancheng Kingdom.

(End of this chapter)