Before ascending to God, be a good lord

Chapter 492 489．Goblin Civilization and Disaster

"Lant Galloping Horse, Veli's beloved, a distant visitor, I can finally have a private talk with you."

In the capital of wealth, the residence of Rudolf Schulz, the high priest of the Goddess of Commerce and Wealth, is in a small temple that belongs exclusively to the priest.

At the beginning of the private meeting between the priest and Rand, his eyes shone with golden light, and the whole hall resounded with a magnificent voice, indicating that the goddess of commerce and wealth spoke in person under the guise of the priest.

"Your Majesty... Your Majesty..." Rand panicked suddenly. The distant visitor in the goddess's mouth certainly didn't just mean that he came from Benmaping.

"Some things are neither secrets nor major matters in front of the righteous gods, you don't need to worry about it, the favored one of Willie." The meaning of the goddess is very clear, it's not important for you to travel through such a small matter, and God doesn't care.

Lante, who understood the meaning, quickly leaned over to express his thanks, and said cautiously, "I don't know what your Majesty's orders are?"

The Goddess of Wealth, Herjalena, is one of the few ancient gods who are still active, with followers all over the continent, and almost all cities have business temples, and although this goddess is a dragon, she is an ancient god. It is at the same level as the god of life, Lukya, and the mother of the earth, Gemetra, and is much higher than the general dragon god, warcraft god, or human god.Rand was a little flattered that such a god descended in person.

"The magic furnace is the foundation of wealth. Now that you have the right to build the magic furnace, you have the right to issue currency!" The goddess's first words made Rand tremble.

"Issuing currency?"

"Yes, issue currency." The goddess nodded, "Now the entire gold coin system is based on the magic furnace. The total amount of magic power produced by the magic furnace within a certain period of time has been determined at the beginning of its construction. Yes, and the magic power used by the world's civilization for production and creation mainly comes from the magic furnace.

Currency serves the circulation of magic power, so the magic furnace is determined to be the anchor of the currency. The commercial temple allocates the total amount of gold coins according to the total number of magic furnaces in the world, and then the civilization that can control the magic furnace issues its own currency. "

"So, the Temple of Commerce and Wealth is actually the central bank of this world?" Ranter said silently in his heart.

"It's what you think, but now you can independently produce and install the magic furnace, if you can't issue new currency in time, a large number of high-end currency will be produced in a short period of time, causing currency deflation.

On the contrary, if you build a magic furnace in a short period of time and issue currency without restraint based on the newly created magic furnace, it will cause hyperinflation." The goddess paused, "You must understand the meaning of the two simple words inflation and deflation, right? "

The words of the Goddess of Commerce refreshed Rand's understanding of this world. Originally, he thought that the currency of this world was monopolized by magic nobles, but today he suddenly learned that this world actually has a global central bank and financial system.

However, very different from Rand's hometown, the currency circulation in this world is not transferred by the will of the ruler, but in the name of the righteous god's will to adjust the circulation of funds according to the flow of magic power.

Rand thought for a while and felt something was wrong, and quickly asked: "I can understand inflation and deflation, but have these two phenomena appeared in the human empire?"

Since human beings cannot make magic furnaces, according to the Goddess of Wealth, human beings can't really make money, they just change the ready-made gold coins into the god emperor's head.

"The human empire did not, but they did it before. Relying on their own ability to build magic furnaces, they began to continuously issue magic furnace bonds, and then used bonds for re-guarantee and financing, constantly increasing leverage, and creating a large number of financial derivatives. Interest They even plan to make magic furnaces all over the world!" The goddess's tone gradually became uneasy, and it was obvious that she was deeply shadowed by this matter.

Rand listened to the plot, and seemed to be familiar with this routine. Sure enough, the characteristics of capital were similar no matter which race or world they encountered.

But thinking of this, Rand felt something was wrong: "Your Majesty, I am a little curious about history. Since it is financial derivatives and bonds, it shouldn't affect the value of gold coins? After all, the total amount of gold on this planet is not fixed. Is it? The total amount of gold coins and magic furnace is fixed, how can there be currency depreciation?"

"You mentioned the key point: this planet," the goddess said meaningfully, "Human beings have been able to travel through the starry sky hundreds of years ago, and the goblin civilization can make its own magic furnace, and interstellar mining is still not possible?"

"Ah, this..." Although Rand didn't know the reason, he expressed his shock.

"They collected a huge amount of heavy metals from the starry sky and cast them into various gold coins, bonds, and derivative tokens. The legendary mechanics of the goblins are all qualified to build magic furnaces, so the several big families around them began to issue various gold coins, bonds, and derivative tokens. Financial products, the goblin empire also had to issue various construction bonds, stocks and financial products to absorb the financial products of various families."

"After less than 200 years, the financial order of the entire goblin civilization is in jeopardy. Correspondingly, the flood of the magic furnace has brought about unstoppable tidal fluctuations in the magic net. I can't wait for the whole world to be destroyed for their greed. "

So goblins are a financial empire, right?Rant's heart kept churning, and he hurriedly continued to ask: "And then?"

The goddess' tone changed from fierce to calm: "Then they were cursed by the magic net, a large number of magic furnaces escaped from the magic net, and the massive gold coins, bonds, and financial derivatives held by those goblin investment families suddenly caused a global vicious Inflation, it took almost 100 years to deal with the extra currency!"

"Hey? Is it still possible to deal with the extra currency?" Rand suddenly became interested, wanting to learn the advanced experience of the ancient gods, "How do we deal with the extra currency and bonds in this world?"

"Didn't the Dragon Clan like to collect gold coins? They released them and robbed them directly. Ah no, it was to recycle excess currency. There were also many members of the Dragon Clan back then, and more than 2000 high-level and above were directly scattered. It took almost 100 years to find this."

"Good! Simple and efficient, with low side effects!" Rand praised unconsciously, and finally understood why the Dragon Clan can be the Goddess of Wealth. With the guarantee of a large force, they are indeed good at collecting wealth.

From the words of the Goddess of Wealth, Rand tasted another meaning, that is, empires, civilizations, cities, and families in this world are just handlers of magic power, not owners.The empire can indirectly control the flow of magic power through taxation and financial tools, but it cannot truly control the magic power.

Seeing that Rand almost understood the relationship between wealth and the magic furnace, the Goddess of Wealth attached to the high-ranking priest quickly said, "That's why I met you today. I am in charge of wealth and commerce, and supply the world with sufficient currency itself." It is a duty, but hyperinflation and deflation must be nip in the bud.”

Obviously, the strangulation mentioned here by the goddess is the strangulation in the physical sense, so Rand nodded quickly to express his approval.

(End of this chapter)