Genocide Online ~Playtime Diary of an Evil Young Girl~

"... and what is that bank?

Ellen, who looks so tired, uses her hand mirror dexterity and asks about it while worrying about her scalp... is there something on her head?

Well, I'm putting it aside now, and you're listening to me, so let me explain it properly.

"Simply put, let's create a place for individuals and organizations to deposit a lot of money to manage."

"... that's definitely not all."

"Fufu, you're Mr. Stream Ellen, right? You know exactly what I mean."

"... did you try it?"

He looks at Kochira with his chaotic eyes and shows him four fingers.

Let's explain it again with a light smile to Ellen, who has deepened her doubts.

"There are four roles that banks require."

"... four?

The first is a stable supply and price adjustment of money.

In the current Burrence United Kingdom, prices continue to rise due to repeated victories and new territorial gains, and moderate inflation can be seen in the materials Ellen used earlier to explain.

This means that the economy is growing upwards, but if you take a wrong step, it could lead to higher prices and oppress people's lives.

"The existence of a bank is indispensable to effectively adjust the amount of money."

The other is the redistribution of wealth, because basically money tends to gather where it is, the rich get richer and the rich regions get richer.

In other words, in the current Burrence United Kingdom, people, things, and money are rapidly flowing into the "city of the beginning", the capital.

This is by no means a bad thing… if you go too far, it could lead to local poverty, which is not very desirable for security.

However, the existence of a bank helps… the wealthy, middle-class members of the Beginning City collect deposits and invest them in the region.

In doing so, we can redistribute the centrally assembled money back to the regions.

One of the goals is to sustain the positive economy in a sustained manner by creating a reflux of the entire economy of the Burrence United Kingdom.

"The point is, let's stabilize the country."

The other is to sort out the debts.

"Burrence United Kingdom" has more or less a debt.

No matter how many wars you win, how much compensation you get, or how much you swallow the "Mephie Commercial Nation," you don't have enough money to spend on repeated wars and install a ruling mechanism in the newly acquired territory, and you seem to have considerable debts, so it's impossible to repay all of them as quickly as you can.

Even if it is a small amount, it will be quite a thing if it is the amount necessary to run the state.

"So let's get these debts sorted out on behalf of the bank and make a single payment destination."

The last one is to secure the war expense.

I'm going to start a fun all-out battle with El-san in absolutely inviolable territory, so I need a bank to secure the war expense.

"Well, it can be used for many other purposes."

"... even if you set up the bank, all of this will be accomplished?

"If it succeeds, you're probably right."

"Hmm...."

Players who bring in the concept of the Earth are often scattered, and it's probably okay.

Even if it doesn't work out, it's time... let me reflect on my inability to do so.

"First of all, the first bank to be created is the Burrence National Bank, a state-controlled bank that mainly issues government bonds, and then has a stable supply and price adjustment of currency."

This bank, which is the most important facility and the first facility to be built, will first issue money or notes.

Unlike people who can digitize data, NPCs in this gaming world take gold and silver seriously.

It takes up a lot of space to carry and store such things.

First of all, I'll make it convenient, you can exchange it for the same amount of gold, while issuing a note named "Burrence Bank Certificate" to scratch gold coins from all over the country.

Of course we have multiple identical banks all over the country… at least in the major cities.

So we're going to gather the gold coins? It's just a one-time scam, right?

"No, it's not a scam. And gradually you forget that what you have is just paper."

You can also put the scraped gold coins in the national treasury, but otherwise it is only secondary.

As long as the country continues to guarantee its value, supplies can be exchanged on paper, and as long as supplies can be exchanged, national assets remain unchanged.

Soon you will think that the paper you have is gold, as the word "money" suggests.

"... what are you going to do to give that paper value? Isn't it just convenient? Is that how it spreads?

"If you keep your assets in the bank, you'll get an interest rate... the point is, you'll have more assets."

"... I see, do you want to borrow money from the people?"

"It's quick and helpful."

Individuals have a small amount of assets, but if you can scrape them up from all over the country, that's a lot of money.

The point is that by combining the assets of each and every citizen equal to the dust, the goal is to make it a huge capital... it's exactly as if the dust is piled up and it becomes a mountain.

There may not be enough money to run the country, but there is no point in setting up a bank without it.

"So, of course, the people have to use the bank, as well as adventurers, commercial guilds, and aristocracy. I need you to deposit a large amount of their property."

"... I see."

"Next, we'll have organizations other than ourselves build banks."

"Ah? I don't like it at all. Let go of the privilege of seizing the assets of the organization?

Oh, you're Mr. Stream Ellen, have you thought about seizing your assets yet?

"Of course, you'll put it under the control of Burrence Bank, which we put under our control... well, let's introduce shares on this occasion."

"Another word I don't understand....."

"Well, to explain the shares later, please make sure that the country holds at least 51% of the shares of Burrence Bank and that Burrence Bank holds at least 51% of the shares of other banks."

"... take notes"

"Hee, hee!

While rubbing between his eyebrows with his tired expression, he sees that Ellen's subordinates are rushing to take notes, and then explains the benefits of creating a bank other than Burrens Bank again.

Or is this the biggest advantage in creating a bank?

"That's why they build banks other than ourselves to create trust."

"What the hell...."

"That's right, if you explain it briefly...."

First of all, there is Mr. A.

This person, Mr. A, has 50 million in assets, and he deposited 50 million in Bank X.

And now Bank X lent 40 million out of 50 million to Mr. B.

Then B deposits the 40 million that he owes to Bank Y, and Bank Y lends 30 million to C.

Let's say that C deposits 30 million into Bank Z.

"What a surprise. Originally, 50 million individuals went to Bank X on paper, 40 million to Bank Y, and 30 million to Bank Z, totalling 120 million."

"... it's a fraud!

"No, it's credit creation. This increases the number of assets in the country that a country can borrow from its citizens."

Premodern state finances depend on tax revenues… tax revenues, that is, budgets that exceed revenues.

You can borrow money, but you can't do it casually.

But if a bank can do it, the story will change... you'll be free to borrow money, and you'll be more financially free.

... well, on the contrary, the potential for indefinite debt inflation remains.

"Hah... well, I understand the outline, but will you accept it so easily?

"Would you accept that, please? Let them accept it."

What makes you think I taught Ellen centralization and partition? The slightest risk is to silence fools with might when carrying out such large-scale reforms.

Besides, he seems to have forgotten because of the king's career on the board... which is a pleasure in itself, but I don't want him to forget his greatest power.

"We have no choice but to do something about the people who have no schooling... Ellen, you must be the young head of the underworld before you were a king.

"... oh, that's right. They forgot a little because of the paperwork."

Lifting his corner of mouth and laughing at Nihill, he lit the pipe.

As she inhaled the purple smoke, Ellen turned to me and opened her mouth.

"The weaknesses of stupid aristocrats, merchants, and some executives in the Alliance are being grasped... let's talk about it."

"Fufu, that's very reliable."

I think I heard the sound of swallowing raw saliva at once from the surroundings, but above all, it seems like things are going to go better than expected.

You were right to draw him into your company, and so few talented people are in the real world.

"So? What about the church? Unlike aristocracy and guilds, they're totally independent of the country, and even more so, you can't deposit money with a bank in the middle of the continent where you can seize your assets. First of all, you killed the bishop."

Speak to Ellen with a few words that she prepared beforehand.

"─ ─ Then, the religious reform and the industrial revolution."

Ellen, who heard my answer, smoked a lot of purple smoke once and then spit it out before responding.

"... forgive me already"

You do not understand the meaning of the word and move on to the next explanation while tilting your neck.

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