I'm the Dauphin in France

Chapter 1332 Mathematical Genius
Paris.

Palace of Versailles.

French Trade Minister Bailly hesitated before handing the signed document to his assistant, then looked at the Finance Minister opposite him: "I'm not questioning His Highness the Crown Prince, but doing this will have a significant impact on us... Is it really worth it?"

“Undoubtedly, it’s worth it.” Godan glanced at his pocket watch and gestured towards the door. “Would you like to have a cup of tea? Mediterranean frosting cakes are all the rage lately, it’s on me.”

Bai nodded, stood up, and then, thinking of the documents he had just signed, sighed and said, "I really need to enjoy the tea more while I can, because I might not be able to afford it next month."

The order he just gave to his assistant required all government trade channels to immediately purchase tea at a premium of 5% over the market price, and to increase the purchase price by 3% every week.

The Ministry of Finance allocated 700 million francs for this project, with an estimated loss of around 90 francs.

Godan put on his hat and smiled, "There's something even more impactful coming next month, you'll have to get used to it."

Bai immediately remembered His Highness the Crown Prince's instructions and sighed again: "To be honest, I can understand raising the price of tea, after all, the British consume far more tea than we do."

“But the ‘restriction order’ seems to only cause a greater impact on our factory.”

Godan, somewhat smugly showing off the economic theories he had learned from the Crown Prince, asked, "Do you remember the cause of inflation?"

"Of course. P=k·M, an increase in the amount of currency in circulation relative to the total amount of goods leads to currency devaluation."

This is David Hume's classic explanation of inflation.

“That’s true.” Godan nodded. “So, simply put, inflation is the decrease in the ‘value’ of a country’s currency.”

"His Highness the Crown Prince categorized the causes of inflation into several types: demand-driven, cost-driven, input-driven, and structural."

"For example, the British government's massive issuance of paper money is demand-driven inflation. They are already doing this."

"His Highness previously instructed the Danes to restrict Russian merchant ships from leaving the Baltic Sea in order to reduce the supply of raw materials to British factories. After that, they would either reduce production or purchase raw materials from other places at higher prices."

"This will all lead to increased costs and higher prices for the goods they produce. In contrast, it will mean a decrease in the value of the pound sterling."

"This is cost-based inflation."

Bai's eyes widened; he had never heard of such a detailed explanation of the principles of inflation.

Godan continued, "Then we began to restrict grain exports to Britain, and this tea rush will cause wheat and tea prices to soar in Britain, which is equivalent to a decrease in the value of the pound. This is imported inflation."

Bai is a smart man, and he immediately drew inferences from one instance to another: "The rise in wheat prices will also lead to cost inflation in their food processing industry."

Godan smiled and nodded: "So, you should understand the purpose of the 'restraint order' now, right?"

Baie suddenly realized: "To reduce the purchasing power of the pound!"

“That’s right,” Godan continued. “Due to the impact of the Stuttgart Trade Agreement, British exports to Germany have declined significantly, and the North American market is also shrinking. With little development in emerging industries such as steam engines, railways, and chemicals, they will face not only inflation, but stagflation.”

As France's influence in continental Europe rapidly increased, Joseph's access to financial tools also grew, allowing him to combine and execute a variety of financial attack tactics that would later be used against Britain.

Even if Peter Jr. is a genius, without guidance from financial knowledge, he will most likely only be able to struggle to cope.

Furthermore, France essentially relies on the strength of other countries to wage financial warfare, and the costs it incurs are actually very low.

In comparison, Napoleon, who controlled most of Europe, only implemented a brutal and inefficient "Continental Blockade," a serious waste of diplomatic resources. After listening to Godan's explanation of "stagflation," Bai was stunned for a while before finally nodding seriously and saying, "If it is truly as Your Highness says, then a small loss in trade is absolutely worthwhile."

Yes, once Britain, our most powerful rival, is defeated, no one in Europe will be able to stop France's soaring wings!
……

In the south hall of the Tuileries Palace, hundreds of prominent figures from the French education, academic, and political circles are gathered.

Of course, the most prominent of all was the Crown Princess.

On the platform, the president of the French Academy of Sciences, Leroy, first bowed to Alexandra with his hand on his chest, then turned around, met everyone's expectant gaze, took out a list, and announced loudly:
"The tenth place winner in this year's Paris Junior Mathematics Competition is Marlo Philippe Sévalier from the 'New Primary School' on Rue de Lansvalsar!"

A burst of congratulations and applause immediately filled the hall.

"The ninth place goes to Henri Gusteau from the 'New Primary School' at Pont Grenale in Paris!"
"Those who came in eighth place are..."

He quickly finished reading out the names of the second-place winners. Only the fifth-place winner was a student of the great mathematician Mons; the other eight were students from new elementary schools in various places.

Those present were used to it; the new primary school's teaching model was very advanced and could really inspire the students' talents.

Only Archbishop Boissi and Archbishop Aselli, among other high-ranking church officials, looked at Leroy with dissatisfaction.

"The winner of this competition is—" Leroy deliberately dragged out the word, "Angelic Fellini from the Oratorio, Notre Dame Arc de Triomphe School!"

"That's wonderful! Thank God!"

Archbishop Boissi immediately stood up excitedly, nodded to the other archbishops beside him in celebration, and accepted congratulations from other scholars and nobles.

Since the emergence of the new primary school, the church schools have been suppressed by them, and even His Highness the Crown Prince has expressed his dissatisfaction with the church schools.

This time, they finally made a comeback and regained the glory that the church school deserved!

The Crown Princess personally presented medals and certificates to the top three winners, gave a routine concluding speech, and then smiled at the shy boy beside her.

As is customary in math competitions, the winner must give an acceptance speech.

Angelique hurriedly bowed in return, then nervously ran to the center of the platform, wiped the sweat from his palms, and paused for a few seconds until Archbishop Boissi pointed to his pocket and reminded him that he needed to take his speech notes.

He unfolded the paper in his pocket, but froze again, his face turning pale and cold sweat pouring down his back.

Seeing this, Archbishop Boissi disregarded etiquette and went straight to the front of the platform, asking in a low voice, "What happened?"

Angelique turned the paper in his hand toward him, and he suddenly felt a tightness in his chest—the speech he had drafted himself had now become a check sheet!

It's obvious that this mathematical genius is very careless in the details of life, and he took the wrong important speech.

Alexandra looked over and smiled, "Everyone is looking forward to it, please say whatever you like."

The boy seemed to be very bad at communicating; his face turned even paler, but he stammered and couldn't utter a single word.

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(End of this chapter)