Your Majesty, the Spectacle Has Missed the Country!

Bruno always thought...

Only having one's own currency is the prerequisite for becoming a real economic power.

The many shortcomings of the current physical currency in the mainland have also given Bruno the idea of ​​reforming the currency system of the Principality of Idar.

If it were placed in the past, Bruno would definitely not dare to move about the currency system.

But today’s Norman Empire can be said to be torn apart. Pittsman claims to be an orthodox empire. With the support of the church, he established the Second Norman Empire. Ryze raised his arms in St. Lawrence and proclaimed the Third Norman Empire. The birth of an empire.

At the same time, the voice of independence of the western aristocratic group became more and more high, and the Odin Empire in the north began to look at this chaotic neighboring country again.

so…

The external factors that may affect the reform of the monetary system have gradually disappeared.

The magical industrialization process of the Principality of Idar and the credibility of the government established by Bruno during this period also gave the Principality of Idar the internal conditions for monetary system reform.

But... the currency reform is easy to say, but if it really needs to be changed, how should it be changed? What do you want to change to?

This is what makes Bruno most anxious!

Although in today’s Principality of Idar, the prestige of the Stuart family is in full swing, and the credibility of the government affairs office is also widely praised, it is definitely not easy to replace the heavy copper plate in the hands of the common people with a light paper currency. Things.

Can banknotes be used like copper plates?

Bruno is 100% sure that such an idea will definitely become a doubt in the hearts of all Idars!

It is precisely because of this,

Bruno will continue to accumulate the people's trust in the Idar Government Affairs Office during this time, and deepen their dependence on this land!

Only when the people of the Principality of Idar have enough trust in the Idar Government Office and the Stuart family can the reform of the currency system be gradually advanced.

and…

Bruno intends to issue credit currency directly in one step!

certainly,

Set the goal first,

Steps can be taken slowly, little by little, and things related to the economy must not be rushed!

The gold standard certainly has the benefits of the gold standard, but once the growth rate of gold production is lower than the growth rate of commodity production, it will greatly weaken the circulation basis of this type of currency.

same,

Even if the gold standard is not adopted, the silver standard and the copper standard will be the same.

And obviously,

The rapid development speed of the Principality of Idar is obviously not suitable for adopting a gold standard monetary system.

And... the stock of precious metals such as gold is also an important factor restricting the Principality of Idar from adopting a gold standard or a similar "gold standard" system.

indeed,

The gold standard system has its own advantages. It can avoid the uncertainty of the exchange rate between different currencies and prevent a country from having a privileged position in trade and exchanges.

But Bruno wants a privileged position!

As the ruler of the Principality of Idar, Bruno wants the Principality of Idar to have a privileged position that other countries do not have!

so…

Although the credit currency seems to have taken a bit of a step forward, as long as it takes a little bit of time in the actual implementation, it will not cause too much problem.

otherwise,

Where does Bruno need the Idar Public University to train a large number of forward-looking economic talents? !

Why is it necessary to set up a special Idar National Bureau of Statistics to collect various data from the Principality of Idar? !

In his plan,

The denominations of the first edition banknotes of the Principality of Idar will be referenced from the previous life. They are one jiao, five jiao, one yuan, five yuan, twenty yuan, fifty yuan, and one hundred yuan.

in,

Banknotes with a denomination of one yuan correspond to copper coins.

The twenty-dollar bill corresponds to the silver shilling.

【Blowout prevention warning:】

[Copper coins do not mean that they are all copper, and silver coins are not equal to pure silver. Take the Qing Dynasty silver dollar as an example, it is a silver dollar with lead inside a silver skin]

As for the issuance of banknotes...

For this, Bruno is not in a hurry to get it right in one step.

Civil servants of the Idar Principality Government Office, Idar Immigration Administration and other institutions will be the first to use paper money to pay monthly salaries.

And those large-scale infrastructure projects located in the mainland of the Principality of Idar will also issue banknotes to pay workers' wages.

certainly,

Considering that banknotes have just been born after all, and it takes a certain amount of time from issuance to acceptance, so...the people of the Idar Principality can completely convert banknotes into copper plates, silver shillings and other heavyweights at the Idar United Savings Bank. Currency.

These metal currencies can still circulate freely.

after all…

The people's confidence in banknotes needs to be cultivated little by little!

As long as the Central Bank of Idar can strictly control the number of banknotes issued and keep the value of banknotes stable, then over time, banknotes will become the currency favored by most Idars!

Presumably, those students who have carefully studied economic-related knowledge such as rediscount rate and deposit reserve ratio will not make much mistakes!

For this, Bruno is still very confident.

The same is true for those students.

…

As the first batch of students in the School of Economics at Idar Public University, Kavala felt that his life had undergone earth-shaking changes in the past six months.

In fact, at the beginning of their enrollment, the School of Economics has not been a sweet pastel compared to other colleges.

after all…

Not to mention those students of civilian origin, even the descendants of those big businessmen, don’t even know what an economy is!

What is economy?

Anyway, according to the School of Economics, they are studying a subject that studies people's production, circulation, distribution, and consumption of all material and spiritual materials.

But this definition sounds too general and ungrounded. At the beginning, they were confused.

But soon...

As the textbooks were distributed, Kavala felt... as if he had opened the door to a new world!

The impact of transaction methods, currency system, and economy on the national economy and people’s livelihood...

For the first time, he realized that these things that are so close to his daily life can be summed up as such an unpredictable knowledge!

The inflation, deflation, and stagflation mentioned in the book are a series of extremely typical economic phenomena, which opened his eyes!

In the process of Kavala's study, for the first time, he looked at the world from a new perspective, thinking about everything around him with the eyes of economics.

at first…

Since the theory of economics is very advanced in nature, what the teachers teach is also very limited. They can only rely on the textbooks (they think) compiled by Lord Duke to further understand.

However, I don't know when, the originally incomprehensible knowledge suddenly became easy to accept, and their understanding of economic theory is also changing with each passing day.

Not only the knowledge related to economics, even the most difficult mathematics course on weekdays, it seems that it is not so elusive.

Of course they don't know that this is actually the effect of the double gain buff brought by the Idar Public University, and they only feel that this is the result of their accumulation.

However, the enhancement of learning ability did not make the students of the Idar Public University feel complacent, but instead made their thirst for knowledge intensified.

Except for three meals a day, they spend almost all day in the library or study room of Idar Public University, studying what they have learned!

Even when I met students from the Polytechnic Institute, I was able to explain my understanding to the fullest.

It was in this day-to-day study that the news of preparing for the establishment of the Central Bank of Idar finally reached Kavala's ears.

at this moment,

He was full of ambition and became more and more aware of the responsibilities on his shoulders!

Their destiny was changed by Bruno Stuart, Duke of Idar, and now it is time to give back to the Principality!

so…

Even though the burden on them is already heavy, Kavala still balances the tasks of learning knowledge and preparing the bank, and he also believes...

With the establishment of the Central Bank of Idar, the name of the School of Economics will surely resound throughout the Principality of Idar!

…

The preparations for the Central Bank of Idar have been put on the right track, and Krell returned to Idar City smoothly in mid-December.

And the first thing he did when he returned to the Duchy of Idar was to report to Bruno!

He knelt almost as soon as he entered Bruno's study.

Um,

Kneeling in the physical sense.

Just like that, he almost choked Bruno who was eating breakfast.

actually…

In the Principality of Idar under Bruno, even if you kneel, you usually just kneel on one knee, which means loyalty to the lord.

But Krell knelt suddenly, and Bruno felt pain.

"Master Duke..."

"Krell Karable, I wish to be the forerunner of Lord Duke forever and go through fire and water, and do whatever it takes!"

Krell's words were quite earnest, after all...

If it weren't for Bruno's support, how could he meet his mother and younger brother who are only a few miles apart?

From civilians to the director of the Central Intelligence Agency of Idar, such changes and leaps, even on the earth of Bruno's last life, are incredible things, not to mention this era of low civilian life!

But…

Bruno really did this!

He promoted Krell from a laborer in a salt field all the way to the position of Director of the Central Intelligence Agency of Idar!

These alone are enough to make Krell's liver and brain smeared.

Not to mention that he specifically asked him to bring his family to live in the Principality of Idar!

"Is your family's health okay?"

Hearing this, Karel couldn't help but burst into tears.

This is a touch from the heart!

Bruno is an honorable duke, but he is quite concerned about his family. In this era...Krell's excitement can no longer be described in words!

"Okay... it's alright!"

Creel looked at Bruno with excitement, and whimpered with sincerity.

"Okay! Get up! You are the head of the Idar CIA! You have to show your aura!"

Seeing Krell's appearance, although Bruno looked nonchalant on his face, he couldn't help but feel happy in his heart.

People of this era...

What a group of simple and lovely people!

Sending Krell to pick up his mother in person is nothing but human nature in Bruno's eyes, but it is already a great favor from Krell's eyes!

Hearing this, Krell quickly stood up and wiped a tear from the corner of his eye.

Then…

I saw the vegetable sandwich in Bruno's hand.

at this moment,

The tears that had been held back involuntarily flowed down again.

The other nobles can't wait for the big fish and meat every day, how to live their lives, but their own duke... not only cares about the survival of the common people, but also doesn't care so much about their own lives.

In his opinion, Bruno is experiencing the living conditions of ordinary people in person!

"Master Duke... Do you eat these on weekdays..."

Eh?

Hearing this, Bruno couldn't help looking at the vegetable sandwich in his hand.

Then I understood in an instant.

This is a misunderstanding!

The nobles of this era did not know what a balanced combination was, nor did they know that it was the healthiest way of eating.

They can't wait to eat a suckling pig, and then stuff their stomachs with all kinds of sweets in the morning.

all in all,

When Bruno saw the recipes of the nobles, he felt...a little panicked.

If you follow that way of eating, it’s unreasonable not to be fat!

On the other hand, Bruno’s breakfast...

The outermost layer of the vegetable bag is the freshly picked lettuce, which is wrapped in a small amount of black fragrant rice, a bit of chicken breast, an egg, a few grilled fish fillets, and some colorful melons, fruits and vegetables. By the way, I also put my favorite on the inside. Salad dressing.

Compared with the two, Bruno's breakfast does look a lot simpler.

Even because the appearance of the vegetable sandwich is not obvious, in the eyes of outsiders, Bruno may only eat a lot of vegetable leaves.

But in fact, whether it is the taste or the ingredients inside, it is the most top-notch!

And... it's healthy!

It is not greasy, not fat, in line with the pagoda of balanced diet, and the nutrition is perfectly matched.

Bruno originally planned to let Creel have breakfast with him, but now it seems...well, let's continue to keep his bright and majestic image!

Thought of this,

Bruno said righteously:

"The civilians can eat, why can't I eat?!"

While talking, he himself was bored with a bite of the leftover vegetables.

But Krell, who was watching from the side, was even more moved.

This is his Lord Duke!

An unruly, kind, loving, and diligent noble in government affairs!

Bruno naturally didn't know about Creel's brain supplement. He picked up the handkerchief on the side and wiped the corners of his mouth.

Not bad, it tastes really good!

It seems that the fat chef’s craftsmanship has improved a lot in these days...

Add chicken drumsticks to her another day!

"Didn't you say that you will be with your family for a day off? Why did you report here today?"

"No need! Lord Duke, UU reading www.uukanshu.com must have accumulated a lot of things on the CIA, I will go over now, I must go..."

I haven't waited until Krell finished.

Bruno waved his hand and said in a commanding tone:

"Okay, okay! Today is the opening ceremony of the football league! You, take your family, and follow me to watch the football!"

"As for the CIA... Naturally, there will be Baueriel and the others staring, and nothing will go wrong!"

Trust belongs to trust,

But as Idar's CIA's shelf continues to expand, Kreel must be busy alone, and naturally also gives others a chance to experience it.

And at this moment...

The corners of Creel's eyes were once again soaked with tears:

"As you wish, Lord Duke!"