Chapter 295, Constant Value Energy Currency

After the founding ceremony, the empire was officially established. For this nascent empire, the test had just begun. Whether it was the emperor Li Fu, the prime minister of the empire, and other cabinet ministers, they all began their busy lives. Although the empire was established, In all aspects, it is still not on track.

With a huge population of tens of millions of people, the original system of a company has transformed into a country, and it also has two huge living planets, sitting on the entire Centauri galaxy. There are many problems that need to be faced.

The Imperial Palace is not large in area, covering an area of ​​tens of thousands of square meters. It is the only one in the entire empire that is different from other residential buildings. It can also be regarded as the special treatment that Li Fu has as the emperor of the empire. Others, even the imperial palace Prime Minister Fang Zheng lives in a unified planned villa just like ordinary people.

Due to time constraints, the palace was relatively crudely built. It did not have the splendor and luxury that an imperial emperor should have. It was even simply painted. The decoration was ordinary, but it was cleaned very well.

In the back garden of the palace, it is the summer of Yanhuang Star. Because of its long revolution, Yanhuang Star takes more than 2 years to complete one revolution, so every season on Yanhuang Star is longer than on the Earth. .

The hot summer lasted for nearly half a year, and the city of Chang'an was shrouded in a heat wave, except for the coolness under the giant leaf trees.

The giant leaf tree is a tall tree native to Yanhuang Planet. It can grow up to hundreds of meters high. The trunk is very strong and can grow to more than ten meters in diameter. Of course, this number is comparable to the number in the original rainforest on Kyushu Planet. Tall trees seem insignificant in comparison.

But this giant leaf tree has another characteristic, that is, its leaves are very large, one leaf is as big as a square. In addition, the leaves are dense and the trees are tall, so in summer, its dense leaves will It forms a very shady area.

This kind of giant leaf tree has become one of the favorite plants of the original indigenous orcs on the Yanhuang Star. Anyone who enjoys the coolness under the shade of the tree knows that the coolness under the shade is simply not comparable to that of an air conditioner. When the natural and gentle wind blows, my upper and lower eyelids fight inside in the summer.

There is also an old giant-leaf tree in the back garden of the Imperial Palace. At this time, under this giant-leaf tree, Li Fu, Fang Zheng, Zhong Yun, Cao Haitao, Yang Yiping and other senior officials of the empire gathered together to enjoy the giant leaf. The coolness provided by the leaf tree was enjoyed while discussing national affairs while enjoying the delicious fruits from Kyushu Star.

"Tsk tsk, this giant leaf tree is really nice. It must be very comfortable to take a nap under the tree or something. I will plant one in my back garden later."

Cao Haitao felt the cool breeze under the shade of the trees, which was really a pleasure in this hot summer.

"It seems that your science and education work is very easy. You still have time to sleep in. I am very busy now. I can only sleep for 6 hours a day at most. I don't have time to take a nap at all."

When the Imperial Finance Minister Zhong Yun heard this, he smiled bitterly. He has been really busy during this period. The military, the government, the Academy of Sciences, and other agencies and units are all looking for him for money and resources. Who is calling him? He is the finance minister, but he can't do anything without money or resources.

But now the economy of the empire has not yet been formalized. It has not even issued its own currency. Everything is still implemented according to planned needs. There is no market economy at all. Everyone does not have to pay when they go to the supermarket to buy things. Regarding money, everyone has no salary income from work and so on.

It doesn't matter in the short term, but it definitely won't work in the long term. This time everyone gathered together. It was also Zhong Yun's suggestion to call everyone together to discuss how to get the empire's economy back on track. In fact, the most important thing It is to issue the empire's own currency.

Without currency, there is no way to start this economy. Once you have your own currency, everyone can earn income from work, pay for things, etc., and the entire economy will quickly get on track.

"Lao Zhong has been quite tired recently. He called everyone here this time to discuss major issues related to the empire's economy. We must get the empire's economy back on track as soon as possible and restore normal economic order. The core point is that we must Issue our empire’s own currency as soon as possible.”

Fang Zheng also looked tired. Being the prime minister of the empire is much more tiring than being the CEO of a company. There are more and more comprehensive things to consider. In addition, the empire is newly built and there is a lot of waste to be done. All kinds of things are really too much. Much more. Just setting up a complete government agency and getting it running has already made Founder's head spin, not to mention all kinds of other things.

"Old Zhong, please tell me your plan first?"

Li Fu nodded after listening and said to Zhong Yun. Zhong Yun is the Minister of Finance. He must be very familiar with this area. He should at least know a little bit about it. He knows better than other laymen about how much currency should be issued and how much money should be issued. The face value, etc. all require professionals to operate, and it is difficult for laymen to do it well.

“As the core of commodity exchange and social and economic circulation, currency is indispensable to the modern economy. Currency itself has no value, but we artificially give it value and use it as a general equivalent to promote the circulation of goods trade. ,economic development."

"In ancient times, currencies were generally made of precious metals such as gold, silver, and copper. However, in modern society, with the rapid economic development, gold, silver, and copper can no longer serve as currency, so credit currency was born."

"So, credit currency means that the banknotes issued are guaranteed by the country's credit and can be worth as much as they want, and are used for buying and selling. However, this kind of credit currency generally requires gold reserves. Currencies without gold reserves cannot be used for their own purposes. Domestic circulation can also be forced, and other countries will not buy it if it is introduced internationally. "

"So before discovering currency, we first have to determine what should be used as a currency reserve. Gold is generally used as a currency reserve on earth. Uncle Sam's currency was once able to be used as the world's currency because Uncle Sam held the world's largest gold reserves, which is a very important reason.”

Zhong Yun nodded, and then slowly began to talk about currency-related knowledge, making people around him who did not understand currency knowledge nod their heads. They also had a certain concept of currency.

"Then it's too bad, we don't have gold at all!"

When Yang Yiping heard this, he immediately shouted. He heard that gold was needed as a reserve to issue currency. When he came from the earth, he brought everything, but he didn't go to collect gold.

"It doesn't necessarily mean that you have to use gold. Generally, it can be any precious metal. Of course, gold is the most suitable because its output is scarce and its value is high."

Zhong Yun smiled and continued to explain.

"I remember that the currencies here on earth are constantly depreciating, right? Is there any knowledge involved in this?"

Fang Zheng was thinking constantly in his mind. Thinking of this question, he quickly asked Zhong Yun.

"Well, that's right. The currency of any country on this side of the earth is basically constantly depreciating. Even the US dollar, which was once the strongest, has not depreciated for a long time, but this is only relative. In fact, it was constantly depreciating, but the depreciation was very small, and Uncle Sam’s economy was very prosperous at the time, so this depreciation was not visible at all.”

"The reason why countries around the world continue to devalue their own currencies actually has a very profound reason. Human productivity and production efficiency have been rising, and the result is that the supply of goods is becoming more and more abundant. If the money supply does not increase, As commodities increase, the purchasing power of money increases, which means commodity prices fall abnormally, corporate profits decline, and people’s enthusiasm for investment decreases. Then companies reduce production scale and workers begin to lose their jobs.”

"At this time, it is a more rational choice to continue to hold the currency, because as time goes by, it becomes more and more valuable. This will further lead to a decline in market demand, and deflation occurs."

"Severe deflation is a devastating blow to the market. At this time, the best investment object in the market is money itself, and money will withdraw from circulation in large quantities. Commodities lose the general equivalent of "money", and the result is that transactions become very difficult."

"Moderate currency depreciation will reduce people's willingness to hold currency, promote the completion of market transactions, and thus drive economic prosperity, while continued currency appreciation is not conducive to market transactions."

"Of course, these are some of the benefits brought by currency devaluation. In fact, currency devaluation also has the effect of reducing the government's financial burden, which can invisibly take away the wealth in the hands of ordinary people."

Zhong Yun thought for a while, sorted out his language, and then began to talk about the knowledge about currency depreciation, which made everyone who had never understood why currency always depreciates suddenly realize.

"So, do we think we will continue to devalue the currency in the future?"

Fang Zheng frowned when he heard the last thing. Relying on currency devaluation to plunder the people's wealth is really not a bright method, because he has heard too many similar things. I don't know anything about financial management, but I just know how to save money blindly.

Originally, a few thousand dollars a few decades ago would have made a big difference, but after decades of depositing them in the bank and wanting to use them for retirement, I discovered that these thousands of dollars were simply insignificant. It is conceivable that currency depreciation has a huge impact on ordinary people. The degree of plundering of people's wealth is horrifying.

"Our currency will never depreciate. If the government has no money, it will reduce expenditures, financial resources, tax collection, etc., but it will never pass on fiscal burdens through currency depreciation."

Hearing this, Li Fu also spoke up and said conclusively that as a rural person, Li Fu knew very well the views of ordinary people at the bottom on money, especially in rural areas, where ordinary people worked hard and were reluctant to eat and pay. Slowly save money one penny at a time, and put it in the bank for decades. When you get older, you will find that the amount of money has not changed, but its value has been greatly different.

Li Fu saw with his own eyes and heard with his own ears that the old people in the village were crying. The old people could not figure out why the money was becoming less and less durable even though it was all money. In the past, one dollar could buy a lot of things, but now it is When buying a bottle of water, you have to check what kind of water it is.

The people at the bottom have too little information and investment channels. They want to save money because they feel that the more numbers they have, the more wealth they will have. However, they don’t know why the money keeps becoming less and less valuable. A lifetime of hard work and sweat was robbed cleanly.

Hearing Li Fu's words, everyone present nodded one after another. They were all children from poor families, and they all knew something similar to Li Fu, and they had heard something. Currency depreciation can be regarded as an invisible blood-sucking leech, plundering the wealth of ordinary people without knowing it.

"Then what do we use as currency reserves?"

Zhong Yun thought about it and shifted the topic back.

"We are a brand new empire, and we will also develop towards the universe and the stars in the future, so I think we can also abandon some of the past things when issuing currency and innovate."

"Since we don't have gold reserves, then we can use other things, such as using energy as reserves, and we issue constant value energy currency."

Li Fu thought for a long time in his mind, and slowly opened his mouth, telling the experience of the super civilization Han Technology Empire. The powerful civilizations in the universe generally use energy currency.

Because the reason is very simple, when civilization develops to the stage of interstellar and cosmic civilization, various spacecrafts, aircraft, etc. will be popularized, and gradually even popularized to individuals, and these all require energy, so it is quite appropriate to use constant value energy currency.

And because the universe is so vast, some huge cosmic civilizations have very vast territories. If the currency continues to depreciate, the impact on the economy will be very huge. On the contrary, the constant value energy currency can better promote trade and economic circulation in various regions between the stars and the universe, because people don’t have to worry about the currency depreciating when they hold it.

Even if you travel across the ocean and spend several years to do business in other alien star systems, you don’t have to worry about the currency in your hand suddenly becoming worthless. You can do business and trade in the universe with confidence.

"Constant value energy currency?"

When everyone heard Li Fu's words, their eyes widened instantly, because they had never heard of it before. Constant value currency was understandable, but this energy currency was the first time everyone heard of it.