Gou is a dark elf in Warhammer

"You're going to..."

After a moment, Malekith spoke, his voice carrying a tentative hesitation, as if he wanted to confirm something but was unsure how to ask.

immediately!

"The Holy Resurrection and Life-Weaving Society of Ausuan?"

"The Holy Resurrection of Ausuan: The Weaver of Life!"

They both spoke at the same time. Dakotas's tone was as certain as if he were reciting a sign that had been hung up long ago, while Malekith spoke the same six words, the same rhythm, without pausing for a single word, but with an upward inflection.

One affirmation, one question.

After saying that, they both laughed.

The laughter was soft, but it sounded particularly genuine in the afternoon sunlight. It wasn't a hearty laugh, but rather a tacit understanding of "Okay, it's settled then." Malekith shook his head, Darkus shrugged, and that was it.

No need for meeting minutes, no need for signatures, no need for those cumbersome procedures.

Many things are sometimes that simple.

Currently, the Weaving Fate Society is in a somewhat awkward position.

While it may seem inactive, it undeniably exists, with offices, staff, and a formal staffing and budget. However, it has also remained largely undeveloped during the initial construction phase, essentially becoming a city construction group, which doesn't quite align with grand concepts like "sacred" or "revival." The connection needs to be gradually established.

This is not because Bell Eihall is incompetent.

His organizational and coordination skills during this period were enough to silence any doubts. He clearly understood the relationships between various departments, families, workshops, and construction teams, and even the most argumentative Asur nobles had to follow the rules in his presence.

The problem is, some things are beyond our ability to solve.

It takes time, it requires waiting.

The land is being surveyed.

This is not a perfunctory survey, not a survey where a group of people ride around on horseback and draw a few lines on a map and that's it.

It was a genuine, inch-by-inch survey.

Land in noble territories, undeveloped wasteland, land requiring environmental alteration, lowlands needing replanning of waterways... all areas that might be included in future planning are being remeasured, re-recorded, and re-evaluated.

Some parts are fairly simple.

In some places, it's incredibly complicated.

Some of the land is still submerged by seawater.

Some were submerged due to drastic changes in geographical structure during cataclysmic events. The most typical example is the once vast flower plain of Tyronlock, which used to be a lowland plain but is now just a shallow sea.

Others are the result of natural changes in the coastline over hundreds or thousands of years.

The seawater gradually erodes the land, and storms and tides slowly drag the original land into the sea.

To reuse those lands, we must first lift them out of the sea.

It's not about reclaiming land from the sea.

It is a true rise.

To bring the sunken land back to the surface and return the parts that originally belonged to the land to the mainland.

This is also what Dakous is currently doing.

Then came land reclamation.

Lorthorn needs land reclamation, and the outer ring road from Lorthorn to Tal Iris needs land reclamation.

Next, a railway was built to connect Itien with North and South Iris, allowing transportation, trade, and population movement to re-establish a complete network.

Therefore, weaving fate will be delayed.

Once the survey is completed, once the land is raised, and once the basic road route plan is finalized.

Once everything is ready.

Only after these basic conditions are met can it begin its real work and transform from the "Lothen City Construction Department" into the true "Ulthuan Divine Resurrection Life-Weaving Society," expanding its influence and radiating throughout Ulthuan.

The classic case of the left foot tripping over the right.

The Weavers' Society is currently in its initial stages, and its main focus can only be on the demolition and reconstruction of the commoner district in Lorthene.

As members of the Weaving Fate Society, they receive a salary.

Although it's very little, so little that one might doubt whether it even counts as salary, it is indeed there, mainly to cover "expenses other than necessary expenses".

What are necessary expenses?

Three meals a day.

That's the foundation for survival, and Zhiming will take care of it. It's not about giving you money to buy things; it's about providing food directly in a canteen, served at set times, accessible only with your work ID and family ID. The food isn't lavish, but it's filling, with meat, drinks, hard work, cleanliness, and a balanced diet.

Work clothes are not the kind of symbolic uniforms, but real work clothes that are sturdy, durable, and have many pockets, specifically designed for working.

Tools: hammer, chisel, ruler, surveying instrument, notebook. Take whatever you need, and replace any broken ones without paying out of pocket.

These were all provided by the Weaving Fate Society, and they were financed through the Phoenix Royal Court.

Cigarettes, alcohol, candy, cloth, etc.

These are expenses beyond necessary costs.

Therefore, members of the Weaving Fate Society are the most suitable experimental targets for issuing small-denomination currencies on a small scale in the future.

After the idea circulated in Dakota's mind several times, it seemed increasingly reasonable.

At present, what the military urgently needs is stability.

The sudden end of King's Landing in Ulthuan already caught many soldiers who were preparing to make their mark and earn military merits during that period off guard. This was followed by the impending massive troop reduction, which, while inevitable, was bound to cause unrest among the troops.

The military is at a critical juncture.

At this point, nothing is more important than stability.

We must not cause them trouble, we must not distract them, and we must not let them think, "What new tricks are they up to now?" Military pay should be paid as usual, whether it's silver coins or gold coins, everything should remain the same.

So Marekis has been on the move quite a bit these past few months.

He would sometimes stop at the northern peninsula of the Kingdom of Elion, where the most elite and largest forces of the Duruci army were concentrated. He would go to inspect, to speak, to talk with officers of all ranks, to let them see with their own eyes that Malekith was still there, and that even though Malekith had become the Phoenix King, he had not forgotten them.

Sometimes he would go to the Kingdom of Safrui, where there was also a Duruch army, though fewer in number than on the northern peninsula, but in a just as crucial location. His presence in military camps, training grounds, construction sites, and in the soldiers' sight, without uttering a word, was more effective than sending ten groups of envoys.

He would sometimes cross the crater to reach the Kingdom of Tyrenlock. There lay Gilead's 32nd Army, the former Anaheim garrison, and a combined force of Tyrenlock nobles. It was the most diverse and complex of all, and the place most in need of reassurance. He went, stayed for a week, and when he left, all the Asur nobles came to see him off.

Fortunately, he left Lorthorn in a raiding ship.

It can fly.

It can fly everywhere.

No need to spend months on the road, go wherever you want. Today in the north, tomorrow in the east, the day after tomorrow over the mountains to the west.

This swift and unpredictable rhythm is itself a signal.

The Phoenix King is moving, the Phoenix King is watching, the Phoenix King knows where every army is.

And this is more effective at stabilizing people's hearts than any order.

Nagarus and Eichriel are also unable to move.

Not at least not now.

Then it will be possible.

After the Duruci of Nagalus began their large-scale migration; after they left the cities where they had lived for so long, packed their bags, and took their families on the long journey by train and ship to Anaheim; after they began to gather, reorganize, and redistribute under the big locust tree.

Back then, it was possible to issue banknotes.

Dedacus was present when the distribution took place.

He was well aware of this.

In the Duruci society, due to historical reasons, and because of the arrival of a new era and the establishment of a new system, Dakos still retains some face.

And it's very possible!

Kind and generous—that's how they described him.

It's not the kind of condescending charity, but real, tangible care—the kind of benefit that ordinary people can genuinely experience by participating. It's about actually eating the cake, not just smelling it from the entrance of the banquet hall.

Over the years, the political reputation and public image he has built up with Trudeau have reached a rather delicate level.

He didn't even need to say anything; just standing there let the Durucis know he was there and that this was his decision.

enough!
That is an invisible endorsement, more effective than any explanation, which is why Dakotas was so cautious about issuing currency.

Banknotes are different from metal coins.

Metal coins, no matter what, at least still have the value of the metal itself.

Even if you don't consider a silver coin to be money, you can melt it down and make a pair of earrings. A gold coin, at the very least, is gold, a real precious metal, something you can hold in your hand and feel its weight.

And what about banknotes?

The ingredients come from plants and from alchemy.

It is extracted from things that grow in the land, and is painstakingly crafted through various complex processes.

It has almost no value in itself.

It cannot be eaten, worn, or melted down to make jewelry.

Once the banknotes are issued, they will naturally represent the reputation of the Phoenix Court.

Every banknote represents a promise from Phoenix Royal Court.

"You can buy things with this piece of paper."

This statement holds true because it is backed by an entire system, because those who distribute the money keep their word, and because they have kept their word in the past.

Therefore, people still believe what you say now.

Therefore, the consequences of economic failure are far more terrible than those of military failure.

Military defeat means losing territory, people, and resources.

But territory can be reclaimed, population can be regenerated, and resources can be found again.

Losing a battle is painful, but after the pain subsides, there's always a chance to get back up. But what about economic failure?
Economic failure means losing trust.

It is the public's trust in money, their trust in "the people who give out money," and their trust in the entire system.

When people receive a banknote but no longer believe it can buy anything, that banknote truly becomes just a piece of paper.

When people no longer believe in the promises of the Phoenix Court, what's left?
These are still ordinary people.

What about the ruling class?
Not everyone agrees on unification, and not everyone is without ulterior motives.

Some people are just temporarily bowing their heads, some are just temporarily observing, and some are just temporarily feeling that going with the flow is more worthwhile.

Therefore, we must be cautious, we must start small, and we must choose the Weaving Fate Society, a group that will not attract much attention or have a significant impact at present.

Try it first.

If a problem arises during the test, there's still a way to salvage the situation.

Once we've gained experience from the trial, we can gradually promote it.

The Fate Weavers Guild is currently neither large nor small, operating only in Lorthorn.

Too small, no experimental value. Too large, uncontrollable risks.

It's right in the golden range where "problems can be contained and data can be used for promotion".

Tens of thousands of people lived in the Lorthern working-class district, including men and women, some doing manual labor and others doing clerical work; there were work teams responsible for transporting, excavating, and surveying, as well as clerical staff responsible for registration, statistics, and allocation.

It covers almost all typical population groups.

This aligns with the caution proposed by Malekith.

Secondly, they receive a salary.

Although the salary was pitifully small, it was precisely this "smallness" that made it the most ideal experimental medium.

The face value is small enough that the total amount is controllable.

Even if all of them were distributed, it wouldn't cause any significant disturbance.

Moreover, wages are paid monthly, which means that a complete "payment-circulation-recovery" cycle can be designed.

Pay out money, spend it, and then recover a portion of it through the purchase of goods, the exchange of services, and the settlement at the next paycheck.

Within this cycle, one can observe every stage of the actual use of currency.

Third, they have spending needs.

Small denomination currencies are ideal for spending on things other than necessary expenses, such as cigarettes, alcohol, sugar, and cloth.

A small sum of money can buy a small item.

There's no need for heavy precious metals like gold and silver.

One sheet of paper is enough.

Fourth, they are controllable.

All members of the Weaving Fate Society are registered, have work badges, and know which area and team they belong to.

If you want to issue currency, you can issue it per person; if you want to withdraw currency, you can do so when you pay wages; if you want to track the circulation path, you can collect data through the commodity trading places in various areas.

It's generally possible to find out who received the money, who spent it, and where the money went.

If problems arise, you can find someone to help you; if you gain experience, you can learn from it.

Fifth, they are psychologically prepared to be "experimented with".

Those who join the Weavers' Guild know that they will eventually receive their own land. This is also why they receive very little pay during the participation process.

The real big win happens at the final settlement.

In addition, they also know that they will be constantly exposed to "new things" during the process of participating.

New tools, new systems, new rules.

If you tell them now that in addition to working, they also need to help try out new ways to make money, and then give them extra subsidies on top of that, they are unlikely to be too resistant.

They might even be a little curious.

Finally, and most importantly: they need to be seen.

The Weaving Society lingered too long in the initial construction phase.

If we can take the lead in monetary experimentation, even if it's just a small step, it will be enough to send a signal to the outside world.

The Weaving Fate Society is not just for show; it is active and is involved in something...new.

This sense of participation, this identity as a pioneer, plays an immeasurable role in uniting people, boosting morale, and building a sense of identity.

The reason Dakota moved the currency was because...

There's really no other way.

This wasn't some far-sighted plan for a rainy day, nor was it a pre-planned strategy guided by theory; it was purely forced upon us by reality.

He always wanted to continue using metal coins, if possible.

During the Nagarus period, gold and silver coins were still usable.

Back then, the market was small, and the majority of the investment was focused on expectations for the future.

Duruci's social structure is relatively closed, with its main economic activities concentrated in Nagarlund and a few other cities.

The population is limited, and so are the transactions.

I could roughly calculate the annual fiscal revenue and expenditure with my eyes closed.

Although the mintage of gold and silver coins was not large, it was just enough to keep up with demand and allow Dakota's great machine to function properly.

But now, the plate is getting bigger and bigger.

Larger gold and silver coins are no longer keeping up with the pace.

Cities are expanding, populations are migrating, projects are underway, and trade is recovering.

Grain, timber, ore, tools, cloth, livestock, machinery... more and more things are flowing around every day.

And every transaction requires money, more and more money.

The problem is, gold and silver don't just appear out of thin air.

The first issue is the amount of mining.

Currently, the main source of gold and silver coins is the continent of Ruscia, where mining is carried out by labor dispatch agencies.

When discussing labor dispatch, one must inevitably talk about national policy.

In Dakos's view, labor dispatch is only temporary, not permanent.

History is there for us to see, and lessons can be learned from it.

Ultimately, we can't just send lizardmen to mine. A more realistic approach is to recruit miners in Caledor and then send them to Ashriel to mine.

Even so, the mineral veins will eventually run dry. Just like Potosí in another world, no matter how large the silver mountain is, it will eventually be hollowed out.

Therefore, in the end, monetary reform is still necessary.

This is not a matter of ideology, but a matter of scale.

Previously, it was Nagalos and Duruchi of Ashriel who spent this money.

Limited population, limited transactions.

What now?
With the addition of Asul in Ulthuan, a population explosion is expected.

Previously, 10,000 people spending 10,000 gold coins was barely enough; now, 100,000 people are spending the same 10,000 gold coins.

Each gold coin needs to be passed through the hands of ten people to satisfy everyone's needs.

It's fine to spin around once, and it's fine to spin around twice, but as you spin around, trouble starts to arise.

Hoarding, wear and tear, division, counterfeiting, storage, transportation.

The physical properties of gold and silver coins dictate that they cannot be infinitely divided or circulated.

It's too heavy.

One hundred gold coins are enough to bend a belt.

A thousand gold coins would need to be packed in a box.

Ten thousand gold coins would require a cart to transport.

If there were any more, a special vault would have to be built.

These problems were not obvious when the transaction volume was small in the past.

Once the scale of private transactions truly expands, just transporting money from place A to place B will be enough to cause headaches.

The most typical question is, if an ordinary person wants to buy a car, how many metal coins does he need to carry? How does he trade them?

That's no longer a problem with the 'wallet,' it's a problem with the 'box.'

Besides elves, there are also lizardmen.

However, the problem with the lizard people is easy to solve.

Because the lizardmen's economic system is completely different, they don't have the concept of 'money'. Apart from the lizardmen living in Ashriel, they basically don't need currency.

In the past, when lizardmen and elves traded, it was usually through negotiation between the two parties.

First calculate the value of the goods, then calculate the transportation costs.

Then they engage in bartering, a typical large-scale transaction, a typical exchange between the left and right hands.

In this process, currency is usually not involved...

“I’m planning to change the nature of some sects,” Darkus said slowly after thinking for a while.

Malekith turned his head and looked at Darkus's face. He stared for a few seconds, then let out a sneer.

"Are you planning to turn them into banks? Banks in the real sense?" (End of Chapter)