Warhammer: My Brother Is the Emperor

Chapter 87 (for further reading) Issuing Currency

A few days later, the IV Legion's supplies arrived, and the fleet brought with it a gift from the Emperor to Perturabo—the manuscript of Leonardo da Vinci.

In fact, the emperor didn't know about it at all. The manuscript was in Malcador's collection, and Said asked for it as a tool to stabilize Perturabo.

Pi Laosi was a super-inventor and a builder when he was young, and he aspired to use his invention and construction talents for the benefit of mankind instead of war, just like Da Vinci.

So he didn't want to fight in his heart, and felt that as a pacifist, fighting for the Emperor was a kind of self-sacrifice, and all humans, including the Emperor, should be grateful to him.

But he accepted the emperor's appointment without arguing at all. As a military commander, the Great Expedition was his duty, and it was only natural to perform his duties.

If he fails to get honor or gratitude, the ruffian boss will feel resentment in his heart, but he doesn't bother to express it intellectually, so as not to be considered a phishing and pretend to be indifferent.

This caused the Fourth Legion to self-masochistically attack the well-defended targets without regard to casualties, or to kill them for various reasons in order to gain the gratitude of others.

Said is full of contempt for this kind of person, and he has no confidence in his loyalty. He can only stabilize him first to reduce the possibility of betrayal.

There are only some honors left and right, so it doesn't matter if you give it. It just happened that the Imperial Truth Party ran a newspaper, and through puppet contacts, it was published uniformly throughout the empire.

The editors of the newspapers were Lorgar's Word Bearers, and by reporting on the heroic deeds of the Great Crusade, they preached loyalty to the Emperor and the Truth Party.

The civil contractor wants to be famous, surpassing the national civil engineer Don, and Saeed fulfills his wish.

After stabilizing the twisted Pi Laosi, Said turned his attention to the planetary rebellion. He mobilized the puppet and prince factions in the world directly under his control to conduct in-depth investigations.

Soon, he discovered a shocking phenomenon: the collection of the imperial eleven tax was horribly inefficient!

Since the empire did not have a unified currency, the collection mainly relied on taxes in kind. Before collecting taxes, the Ministry of the Interior sent people to the planet to count the output of all materials, and then calculated one-tenth as tax.

However, there are at least tens of billions of human beings on a planet, thousands of industries, hundreds of millions of products, and statistical work that lasts for dozens or hundreds of years.

Later, when transporting, due to storage and transportation restrictions, or the impact of warp space storms, it will cause a lot of loss, and often only half or [-]% reach Terra.

This is just a natural disaster, not counting the various man-made disasters caused by corruption and waste.

In order to collect taxes in full, tax collectors often collect far more than the prescribed amount. What's more, if the transport ship disappears halfway due to various accidents, the planet will have to pay it again.

This is just a regular tax, and when there is a war in the star area, there will be various temporary additional taxes.

Therefore, the [-]th tax does not seem to be much, but due to various conditions, the actual collection far exceeds the prescribed tax amount.

In the 30k era, with the strong suppression of the Primarch Legion, the problem was not serious. After the Horus Rebellion, [-]% of the empire's wars were counter-rebellion.

Said found the emperor and told him the situation, but the emperor didn't take it seriously, and said calmly:

"The problem you mentioned does exist, but the top priority now is the Great Expedition. The tax reform affects the whole body. A poor operation will affect the efficiency of the expedition. The gain outweighs the loss."

Said wondered: "But if there is no reform, the rear will continue to rebel, will it still affect the efficiency of the expedition?"

The emperor shook his head: "The lesser of two evils, although the rebellion broke out now, the Primarch Legion can easily suppress it, and the efficiency of the expedition is quite satisfactory."

"If the reform of the tax system hastily affects the efficiency of the expedition, it is not worthwhile! After all, the expedition is not to rule these places, but to rule the Internet!"

Said was speechless, the webway was the main contradiction, and ruling the galaxy was only considered after the success of the webway. It was a secondary contradiction and could be ignored for the time being.

As a result, Said extinguished the idea of ​​overturning the existing tax system, and instead put forward a proposition: issue a unified currency, turn tax in kind into currency tax, and improve tax collection efficiency.

The emperor was stunned for a moment, and after thinking for a while, he asked: "The empire is not very centralized. Is it capable of unifying the currency?"

Saeed nodded: "My brother, the two major conditions for the creation of credit currency: military force guarantee, material wealth, all of which are met by the empire!"

"The army of the empire is invincible enough to promote currency by force. As the expedition advances, the empire has a vast territory, a vast land and abundant resources, and sufficient supplies!"

Said quoted the economic theories of the 2K era, which evoked the memory of the emperor at once, and thought of the various benefits of currency, among which was the one he was most interested in - collecting various materials.

The collection of materials is reflected in two aspects.

The first is tax collection. The Ministry of the Interior does not need to count physical output, but only needs to count gdp to determine the amount of money to be collected. This will undoubtedly greatly reduce the workload and increase efficiency.

The emperor in name is the lord of mankind and owns all the wealth of mankind. However, apart from the tithe tax, the Ministry of the Interior would never want to take one more coin from the governor of the planet.

It may be possible to use the Inquisition Chamber, but it can only come secretly a few times. If there are too many, the whole territory will definitely mutiny. After all, the resources of Terra are only eleven taxes from various places.

However, with the currency, Terra can empty the pockets of planetary governors and gather the resources of the whole country in Terra without a single soldier.

With the support of the empire's force and huge production capacity, the currency has credit and can be circulated. The rogue traders and the merchant fleet told the governor of the planet: as long as you have money, you can give what you want!

So the planetary governor will sell local specialties and exchange them for currency to buy goods. Then, the Terran authorities need resources, so do they also sell specialties for currency?
Of course not!Because Terra can print her own money!How much Terra is printed has the final say!As long as you start the money printing machine, you can plunder all the resources of the empire!
Titan battleship Emperor Baneblade Leman Russ buy buy buy!Terra will be able to sit on all the resources of the empire and speed up the efficiency of the expedition.

The emperor also thought of this. Looking at the gradually expanding territory, he couldn't help breathing fast, his hands trembling. After a while, he let out a long breath and said in a hurry:
"This suggestion is great. Call Malcador to discuss the matter. If it succeeds, Said, you will be a blessing to mankind."

Soon, Malcador came to the palace, the emperor described Said's suggestion, Malcador thought for a while, and said:
"His Royal Highness's suggestion is very valuable. In addition to collecting resources, it can also stabilize the local area and strengthen local governance, but there are several difficulties that need to be overcome urgently."

The emperor said calmly: "Let's listen."

Malcador said: "First, the empire's warp space channel is unstable, how to coordinate the currency issuance of the entire empire."

"Second, due to the existence of hating intelligence, the empire can only use paper money, and the empire has a vast territory. It is still too inefficient for Terra to print money and then send it to other places."

"Third, how to prevent counterfeiting of banknotes, no matter whether they are shaped or chaotic, they have the ability to create counterfeit banknotes and cause inflation."

Saeed said with a smile: "The first two questions are essentially the same question. My proposition is: Terra formulates the macro monetary policy, and the Ministry of the Interior calculates the planet's GDP to determine the currency issuance."

"The trade in the star area relies on conventional power and is free from the influence of subspace. Each star area is dedicated to establishing a currency world, and currency is printed according to the gdp of the star area and the instructions of Terra."

"As for the third point... it is a technical issue. I believe that the Prime Minister will not give up because of choking."

　Thank you for the column Imperial Sociology at station b~

　　The biggest golden finger of the empire’s monetary policy is that the empire’s production capacity is unlimited. Even if it is a star area, it also has massive resources. With strong military force, it can meet the currency issuance conditions!
　　But for some reason, no one thought that maybe the Emperor’s Great Crusade didn’t have such a need, and the high lords of later generations checked and balanced each other, and failed to make this decision, resulting in the maintenance of inefficient economic operations.
　　
　
(End of this chapter)