Urban Sims

Zhou Ming, who didn't want to worry about so many things, stayed with his pregnant wife at home and paid attention to the movements of the fetus every day.

However, a series of problems encountered by the family were still put in front of him by his sad-faced father Bai Xutang, who asked him to think of ways and solutions.

what is the problem?

inflation.

Nowadays, the entire Wancheng Kingdom is facing the problem of inflation.

How serious is this problem?

Mainly related to the amount of treasure each city plundered from other continents.

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

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

Cities with less looted treasures have lower inflation rates, about 8 times or 10 times.

Because the entire Wancheng country has a high degree of economic integration and the inflation rates of various cities have the characteristics of mutual influence, 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 Hyunqing City, among the thousands of cities, the inflation rate is faster. It has probably increased by more than 30 times in the past ten years.

Is inflation so high good or bad?

Of course it is 100% a bad thing.

In fact, before Wanchengguo expanded abroad, there had been a problem of slow inflation in the country, which was about 5% per year, and the impact was not very big.

After successively devouring Nan Yuan Continent and Xi Yuan Continent, and plundering most of Northern Yuan Continent, Wan Cheng Country, where a huge amount of wealth was transferred, has an annual inflation rate of over 50%.

This has a huge impact on groups of all levels.

For the rich, the money they worked hard to save has become worthless, and many middle-class people who live a comfortable life have suddenly become poor.

The original poor class became the extremely poor class because their income growth could not keep up with the soaring prices.

And those rich people with net worth exceeding tens of billions, hundreds of billions or even trillions are not happy either, because the higher the inflation rate, the more their wealth will shrink.

So no one likes inflation.

So what’s to blame for inflation?

currency.

Currency circulating in the market.

It is the so-called "spiritual coin".

The size of the inflation rate is directly determined by the number of spiritual coins circulating in the market.

As a special material that can be repeatedly charged/released with spiritual energy, spiritual coins that can facilitate monks' practice were of high value 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 kilogram of beef, or a full meal in a cheap restaurant.

What now?

One kilogram of fairy crystal rice requires at least 10 spirit coins to buy.

Not to mention other products.

Therefore, the most common sight in Wancheng Kingdom today is: ordinary people carrying bags of "spiritual coins" on their backs to buy various goods on the street.

Spirit coins are heavier. Thousands of them put together weigh thirty or forty kilograms.

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

But greedy people can't restrain their greed and insist on swallowing up Nanyuan Continent and Xiyuan Continent, and transport tens of trillions or hundreds of billions of spiritual coins to Wancheng Kingdom without inflation. That's weird.

Zhou Ming felt funny, but the problem still had to be solved.

How can we solve it?

Father Bai Xutang said: "How about we put some 'pressure' on those profiteers and tell them to stop raising prices arbitrarily? The treasures that the Bai Mu family sons exchanged for their lives in other continents ended up being made cheaper by those profiteers. Wedding dress?"

Bai Xutang was indignant and planned to take action on several profiteers.

He has endured those abominable profiteers who increase prices every year and crazy prices for a long time!

"No! Never!"

Zhou Ming waved his hands repeatedly, "It's not that those merchants are treacherous, but they are forced to do so. If the price of goods increases in any link from raw materials to factories and dealers, the merchants will be forced to increase prices. It's useless to attack them."

"Then...what should we do?"

Bai Xutang asked: "Is there no way? Is it going to keep rising like this?"

"It will not keep rising. Recently, Wanchengguo has stopped its external expansion. There is no external currency input. In the next few years, the inflation rate will fall significantly."

"However, what we need to solve now is the problem of inconvenient payment caused by high prices. Regarding this problem, I have a relatively good solution. If the implementation is effective, the inflation problem may also be solved."

Zhou Ming said confidently.

"Oh, what's the plan? Let's talk about it."

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

"Banknotes, issued banknotes, are used to replace the spiritual coins circulating in the market..."

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

Bai Xutang was dumbfounded, as if he had heard a fantasy.

His head shook like a rattle, shouting that it was ridiculous.

"No, no, the banknotes you are talking about are definitely not good. They are just a piece of paper. You say it is worth tens of thousands. Who believes it? Who dares to use it? How dare a piece of paper be worth so much?"

"This plan won't work. It definitely won't work. It won't solve any problems."

Bai Xutang couldn't imagine the scene of people trading with each other holding a stack of paper. Traditional concepts told him that except for spiritual coins and some metal currencies, nothing could be used as currency.

Not to mention that today's extremely cheap paper, even if it is printed with a bunch of anti-counterfeiting patterns and added with anti-counterfeiting watermarks, it cannot be passed off as tens of thousands of spiritual coins. If you really spend it, no one would dare to spend such money. No one would dare to charge this kind of money.

In his heart, Bai Xutang completely rejected this plan.

Zhou Ming explained: "The essence of currency is a credit guarantee. As long as the value of the banknotes and the value of the corresponding collateral maintain a relatively fixed exchange ratio, the banknotes will have circulation characteristics. As long as we officially provide credit guarantees, there will be people willing to pay for the banknotes." use."

"Of course, I don't deny that spirit coins have a certain practical value other than currency. However, in Wancheng Kingdom now, spirit coins are rampant and severely devalued. For the vast majority of ordinary people, they are of no use at all. The practical value of spirit coins, for ordinary people, there is no difference between spirit coins and ordinary stones, but they inherit the bulkiness of stones."

"It is inevitable that spiritual coins will be eliminated from the circulation market. They must be replaced with a better currency. Paper money is a good choice."

Seeing that his father was still shaking his head, Zhou Ming said directly: "In this case, I will personally take out 10 billion spiritual coins, print banknotes with a total denomination of 10 billion, and conduct a circulation experiment in Yunqing City. If the experiment succeeds, this banknote plan will be implemented in Yunqing City. How is the implementation in Qingcheng?"

Bai Xutang was stunned after hearing this, "10 billion, this is not a decimal, what should I do if it is all wasted?"

"Don't worry, just nod in agreement."

"All right."

Bai Xutang nodded. His son was worth trillions, much richer than his family. If he was willing to spend 10 billion to burn it, then let him burn it.

…

then.

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

The problem of anti-counterfeiting is solved. The printed banknotes are not only beautiful in material and pattern, but also waterproof and not easily damaged. They also have anti-counterfeiting marks such as watermarks, gold threads, and sunlight-transmitting characters. The possibility of being counterfeited in the short term is almost zero. .

Holding it in your hand, it looks like a work of art.

Zhou Ming named this kind of paper money "Golden Yuan Coupon".

Six denominations of 10 yuan, 20 yuan, 50 yuan, 100 yuan, 500 yuan, and 1,000 yuan have been set up (large denominations of 5,000 yuan and 10,000 yuan will not be considered for printing for the time being).

And it is linked to the spiritual currency. The face value of the yuan corresponds to the purchasing power of the spiritual currency.

After printing the banknotes with a total amount of 10 billion, Zhou Ming put them into Hyunqing City and began to conduct market circulation experiments.

In the first few days, people had the same idea as Bai Xutang. They were doubtful about the value of banknotes. Few people dared to use them, and few businessmen dared to accept them.

Zhou Ming did the work for a group of businessmen and took them to see the tens of billions of spiritual coins and treasures in the treasure house of the Qianqing City Bank, indicating that the credibility of the gold yuan coupons in Xuqing City was based on these treasures.

The merchants expressed their willingness to accept banknotes, and in their business dealings with the Bai family, they quickly realized the many conveniences brought by banknotes and praised them full of praise...Businessmen began to generally accept it.

Merchants accepted banknotes, and ordinary people naturally dared to use them. From the beginning, they used 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 1,000 yuan, and The amount of money exchanged was tens of thousands or hundreds of thousands. In just one week, all the banknotes totaling 10 billion were exchanged.

Zhou Ming and others did not expect that in about ten days, all tens of billions of spiritual coins would be exchanged, and ordinary merchants would rush to use them, even hoard them, and sell them on the black market at a ratio of 1.1:1 or 1.2:1. For those who want to exchange banknotes but can't.

The value of paper money actually exceeds its face value.

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

Some people specially put two 1,000 yuan banknotes on their bodies. When they take them out in front of everyone, there will be envy from all around.

A rare number of gold yuan coupons with a face value of 1,000 yuan were printed, and someone paid 5,000 spiritual coins to buy them on the black market.

Seeing all kinds of weird phenomena, Bai Xutang was stunned and his jaw dropped to the ground.

For some reason, he also likes to keep a stack of brand-new gold yuan coupons with a face value of one thousand yuan in his pocket, and take them out intentionally or unintentionally in front of guests.

Naturally, apart from his full support for the comprehensive implementation of currency banknotes in Xuanqingcheng, he certainly had no objections.

As a result, within about half a year, Xuqingcheng basically realized full paper currency.

Miraculously, after the gold yuan coupons were fully circulated, it was announced that they would also be linked to the prices of basic living supplies such as food and meat. The inflation in Xuqingcheng was effectively controlled historically, and the inflation rate was controlled at 2% within half a year. Within.

How could other cities in Wancheng Country not learn from such successful experience?

As a result, Zhou Ming's banknote printing machine, which sold for 200 million spirit coins, was sold out and he had a backlog of orders for thousands of units.

The country alone placed an order for 300 units.

Zhou Ming made another small fortune.

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