Hisshou Dungeon Unei Houhou

Horizon 766: Intercontinental Trading Conference and Money Talk

Side: yuki

"Then wheat contributed by the Iph continent will be exported to the countries of the Rogali and New continents as planned"

"In consideration for this wheat, Rogali has supplies focused on demonic ingredients, potions and other wound medicines on the New World..."

That's how the confirmation of the transaction takes place under the auspices of Ratz and Ellis.

Basically, it's something we've already had a meeting with, and I don't need to bother doing it here, but, well, I'm deciding that announcing it here makes it a formal deal.

I will sign the paperwork at this time.

The kings of each continent will sign on to the trade in wheat contributed by the Iph continent.

"Amazing. I don't have half the wheat…"

On the side, Leah is surprised to hear about the amount of wheat being traded.

"Because it's on a different scale. It's not a small store deal, it's a big store deal, it's a deal between continents where countries come together."

Digits and scales are literally overwhelmingly different.

"You don't even have half the amount of currency traded..."

It is flat on the amount of currency that Dressa has set aside for processing fractions.

Well, it's quantity, and it's not just a country, it's a continent-wide deal.

Fractions are also different digits.

"Speaking of which, brother. What happened to the investigation into the origin and quality of gold coins?

"... brother. I was worried I'd run out of money."

"Oh, you noticed a good point. As for the gold ratio, honestly, it's unknown now."

"Are you sure you don't want to know?

"Isn't that a big problem?

"This connection was to be investigated jointly by all countries."

"" Co?

Yes. With regard to gold content, countries or continents were to be examined jointly.

I could have looked it up on Weed, but the technical improvements on each continent also led me to look at the content jointly.

"But isn't it damaged by the gold coin content traded in the meantime?

"That has been taken into account, and when the damage occurs with this content rate, it is to be remedied from a continent that took a lot"

"But I honestly don't think I'm going to publish it"

"No, that can't be. In that case, that continent will sell fights to both continents. It will soon prove that the content was deceptive."

"I see...... But in that case, that's not what it was originally intended to be, so isn't it dissatisfying that that continent will fill it? It shouldn't be that easy to make up for, though?

"Sort of. If you can't pay, the value of the continent's gold coins will drop. Anyway, it's low content."

"Oh, brother. Wow."

It's not amazing.

At the end of the day, the exchange rate can eventually be achieved.

Besides, we don't make it on our own, we can do it on our own.

We study and confirm in every country, every continent, but there are idiots out there who look at individuals and organizations and try to make money out of differences in content.

There's no way that it's going to operate on its own without knowing otherwise.

In the end, it is outside and adjusted.

For example, because Rogali gold coins have a low content, it feels like trading two pieces for one iff gold coin.

You can market exchange rates on your own.

Perhaps it feels more like a compensation than a temporary crash in future trading rates and then settling into prices in the right condition.

"I understand when it comes to the question of the content of precious metals contained in currency, but speaking of which, what is happening when it comes to the production of money? That should have been the wonder of every continent?

"Oh, speaking of which. Where do you make money for iff continent? In the end, I didn't know."

"Brother. Where are you making the money?

"Ah, Mr. Yuki. Didn't you care a lot about that money making? Nothing was reported, though?

Whoa.

Boulders, sharp kids. I remember very well.

I thought you'd forgotten, but it didn't seem like it.

Well, in a different way, I'm relieved, but I think I should be more childish. I wonder if that's what I could have said driving the Villas out to work like this.

And I have to explain.

"For once, I looked into it, both the Rogali and the Ife continents are for some reason using a common currency within each continent...... Probably, but I can't say for sure with the Earthlings, but it looks like someone from another world has something to do with it."

"" "The other world?

"As you can see from the fact that both Rogali and the If continent have been called by people like me, Mr. Taiki and Mr. Taizou, there is a presumption that people have been called from different worlds in the past, because in fact there is the fact that in the Rogali continent Miyabi, the queen of the country of high elves, was married to a Japanese summoned from Japan in the past"

Leah keeps telling me if I've come all that way.

"Oh, did you say that maybe people from different worlds who used to come here would use the same currency within the continent?

"Mr. Leah, that's not the only way to use it..."

"Oh, I see. It's not an easy story like Leah's, it's not the same as Yuki's, but you almost ran the continent in unison or something?

"That's right. Per dressa. Leah was a shame."

"Ooh. Dre, your sister hit me unexpectedly."

"Shut up. Hiiro."

"Yikes, Yikes"

I think when I see Hiiro being pulled both cheeks by Dressa.

Hiiro vomits poison once in a while. Wrong addition and subtraction around there is like now.

"I can't say for sure, but they use it because Rogali had the same tools for casting gold coins. The same goes for the Yves continent."

"Didn't we try to issue money for our own country?

"I did, because gold coins that are already in circulation have stronger credibility. Worth it as a souvenir, but they weren't any more."

Well, it's very hard to make new money and let it be incorporated into the world's trade, and the fluctuations are intense.

With electronic money, I guess.

Since gold is included, it will be worth a certain amount, but it will still have to be secured in its own country, for example, enough gold to be put into circulation, so it can only be done in so many large countries.

In this highly volatile world, it is too risky for small countries to produce money.

Even the big countries will perish easily if anything.

In some cases, it would have been very convenient to have a common currency.

"You've heard the same story before. But the fact that there are tools for casting means that there will be crude products and intentionally reduced content?

"There was no worry there in a way. Crude and diminished gold coins are treated as defective and will be recast, and when a large number of low content items came to market, there was a collapse in the value of gold coins and terrible inflation, he said. It was all over the continent that was damaged at that time, so they consigned the guys who were making fakes as soon as possible to hunt them down. Simply put, we have a monetary cleansing mechanism."

It's a strange story.

Well, when I say that, even countries that exist on the planet, because the value of money is basically kept constant, it's also like a strange story.

So, when we talk that far, it makes me look like Dressa, who was the princess of one country on the Ife continent, thought of something.

"Oh, speaking of which. I remember your father and your mother saying that. I should have asked you more."

"I can't believe you're not interested. So, basically, when producing gold and silver coins, both Rogali and Yifu are supposed to take the gold obtained by the big countries and have it produced. Doing so would preserve a certain percentage of content. Gold coins, of course, are stamped with producing countries, so there is also a recourse to responsibility from there. Regardless, the country that holds the gold mountain may also produce it in its own country, but in that case, strict checks are also carried out in various countries."

Naturally, we are very tough on money, and surprisingly, we are working hand in hand in country.

Well, if you return the back, you're watching each other and if anything, you're making it a reason to attack.

I can't believe I'm using gold coins with reduced content as currency because they're fighting and selling to the countries around me.

For the sake of security, there was a serious need to produce money.

I don't know if it will continue in the future.

"Then your brothers said. What do you mean, negotiating with a place that produces money somewhere?

"So in the end it was just about talking to the big countries. Well, the common currency and the increase in currency production relative to the increase in currency usage in future transactions, etc."

I still don't know how much forehead works.

"Oh, so mainly the deal takes the form of an exchange of supplies and supplies,"

"Leah is right. I've been afraid of currency exchanges since the beginning. Even if it's a small amount, it's enough for the individual to use it, but to use it in intercontinental exchanges, we're going to have to have the subtle amount come out as fractional processing."

From there, we're talking about exploring the movement of money.

Or that this world is also working hard in this world.

Not all of it is ignorance. The same goes for sorcery, and it's a study of demons.

Because the world actually has different problems, we're just talking about going differently.

The way the Earth's civilization grows is not standard in any world.

"... though. There are limits to the production of gold. Sooner or later, if you don't move to a credit currency such as banknotes, you're going to get hit."

"What does that mean?

"Money is limiting. You know what that is?

"Mm-hmm. I get it. I'm digging from Golden Mountain, so one day the gold will be gone"

"That's right. Hiiro's right, there's no problem now because gold is still taken from the golden mountains everywhere, but you'll hear about the mines dried up, right?

"Ah, yes. Back in the day, when I was in the village, I heard that my uncle, the merchant, couldn't take iron from the mine and lost his job."

"I've heard that before, too."

I'm glad I've heard this story with the Leah's as well. Easy to explain.

"The amount that can be taken, the total amount of gold, is not infinite. I mean, we can't keep using gold as currency all the time. Sooner or later, the money will be gone. Besides, money is what you spend, so it's better to cut back, right?

"You will. A diminutive gold coin, a silver coin, a copper coin is worth less."

"I mean, the value of gold coins is diminishing, and gold itself is diminishing."

"" "Ah" "

Looks like I finally realized what I said.

The fact that gold shrinks doesn't just mean that it makes and circulates gold coins.

The wear and tear makes the money go away, so it won't even circulate to the public at some point.

Given future trading, the gold coin system remains tough.

"So I showed Leah and the others that, like these banknotes, they can make things that are difficult to counterfeit, without expensive and rare substances, instead of gold coins, etc..."

"Then you can make as much money as you want."

Well, basically, it's the beginning of a voucher that can be exchanged for gold, but on Earth, the circulation of banknotes is more than the total amount of gold.

So, literally, credibility matters...

"That's why you can't make too many."

The value of the currency it makes will collapse.

"Why not? It's not good to have more money."

"Brother, I'm not sure about Hiiro either"

... What can I explain about inflation...

When we're all rich, things get expensive. I mean, there's a lot of things to talk about. Is that easy to understand?

… explain inflation and deflation in some social class. I think there was a problem. What did I write then?

While I'm thinking about that, the conference people don't move on.

"Payments for magic tools produced in the Rogali continent are in wheat and gold coins from the Iph continent and gold coins for those in the new continent…"

As far as listening to the decisions of previous deals, Rogali is mainly a magic tool, and the Yves continent has no exchange of gold coins that far with wheat, but the new continent, which has only two countries and one religion, can no longer have such deals, is gold coins.

I can't give you supplies right now. Do you feel that the only alcohol that Heireans make in church is the key......

... If I'm wrong, there's no country that says I should make money because I don't have any money, right?

The self-cleaning action is annoying... right?

So this kind of hopeful observation is not good.

You always have to think about the worst.

But when this happens, I'll be studying society again...

Does inflation mean total demand exceeds total supply?

Is deflation the other way around?

Uh, I don't know anymore. I'm not an economics major.

Do we also have to consider setting up a central bank as soon as possible!?

... right. Why don't we just let you, Mr. Taiki, and Mr. Souta think about it.