Chapter 2352 Banks and Currencies
In fact, the idea of establishing a unified monetary and financial system Soshyan has been around since the Great Whirlpool Expedition, because he did see the role of the "military ticket" in the expedition. Its existence made the logistics of the expeditionary force more than ten times more efficient than the crude and primitive logistics structure of the empire. Although there was still a little chaos in the end, the effect was undeniable.
Moreover, unified currency and banking, and even the financial industry are not particularly new in the empire. It is just that due to technology and communication reasons, it is mostly limited to a world or a galaxy. For example, the solar system where Soshiyang has been to has a unified currency and financial market. Throne coins can still be used even after leaving the solar system, but they will have no effect further away.
There are many benefits of unifying monetary policy. First of all, this is a very excellent tool for interfering in the economy, especially when the battle group is not good to directly interfere with the administrative affairs of Chaodu. It is also conducive to providing financial services for industrial development, reducing the difficulty of taxation, enhancing the competitiveness of trade, etc. In short, if this thing is really something to be developed, it must be available.
The same is true for central banks. In addition to formulating and issuing currencies, their role is to supervise local banks in various worlds, centrally store the reserves of these banks, and issue loans to them, acting as "lenders of last resort". It is not a commercial institution, but an administrative and supervisory institution.
However, Soshiyan is definitely not very good at these things. Fortunately, he once talked to Sirlu, and the other party said that she could help do this. With the basis of the previous military vote, Soshiyan still believed in this person's ability very much, so this series of plans was actually started to be formulated before returning to the Nassen Galaxy.
Soshyan looked through it and found that it was basically what Sillu had told him. The central bank was chosen on the satellite of Nesson 4. The leadership body was the board of directors, vice presidents and 16 directors. It is the highest decision-making body of the central bank. The members were appointed by the group. The term of directors and vice presidents was 5 years, and the directors were 4 years. They were dismissed in turn. The board of directors would also elect several directors to go to various worlds to preside over the central banking business.
The Council has five special committees: the Administrative Committee, the Audit Committee, the Personnel Committee and the Treasury Committee and the Printing Committee.
In addition, the core of the central bank is a super meditator named "Milner". It is a powerful giant meditator system created by Ulan Huda after obtaining Zhao Akada's black iron core technology through technical exchange and combining it with its own technology. Its characteristic is that it has extremely strong computing power and can process huge amounts of data in real time. It will also automatically clean up internal errors and chaotic data flows. There will be no situations where other meditator arrays are prone to errors and crashes and machine souls when used for a long time.
After learning about this thing, Soshiyan immediately realized that it was very suitable for processing the huge economic data of the entire galaxy, so he immediately took it to use it.
At the same time, in order to ensure smooth communication between all worlds in the galaxy, 11 large signal transceiver stations are needed. Currently, there are 5 in the galaxy, and only 6 more need to be built to ensure that quantum signals can be transmitted to every settlement and facility in the galaxy in a timely manner. At present, the construction team of Ulan Huda is working overtime, but this large facility takes some time.
"Do you have any ideas for the president and vice president?"
Hearing Soshiyan's question, Sierlu thought for a moment, then asked softly:
"Do you have no right candidate in your mind for a moment?"
"In the first five years, I felt that these two positions were not suitable for people in this galaxy, and directors could select representatives from each nest."
Sierlu understood what Soshiyan meant and nodded:
"Then I can choose two people, both of whom are very experienced financial managers and have also participated in the implementation of the military vote plan."
When she left the Great Vortex, she was not alone, and she brought many followers. After all, once the emperor and the ministers, some people's interests have been deeply bound to her, or they have offended some people, and they are destined not to be reused by the new family leader.
Soshiyang nodded slightly.
"Please trouble you."
Later he looked at the design of the new currency of the Nassen galaxy. The Throne Coin he saw in Terra is essentially a credit currency, whose basis is the authority of the empire, so it can be moved without any obstacles. However, in other star areas or star fields, due to the capriciousness of the governors and the chaos of the situation, credit currency is often difficult to work. Therefore, many worlds and galaxies use physical currency, or use some rare precious metal as general equivalents, such as palladium in the larger vortex area.
However, this rare metal equivalent usually has such value because it has a key role in the mechanical practice production system. It has strong industrial raw materials attributes, so the transaction denomination is very huge, and it is only suitable for traders to use as general equivalents for bulk trade. Ordinary people cannot use it at all. This situation causes the economy of the lower nest and bottom nest to often regress back to the original barter state, and also makes the taxes in the nest always be a mess. In order to save trouble, the governor often delegates taxes to tax-bearing people, and tax-bearing people wantonly exploit the tax-bearing areas they obtain according to their own appetite. It is no wonder that the middle nest is in a state of continuous poverty.
To establish a complete tax system, Soshiyan must establish a monetary system that can penetrate the private sector.
Sillu and her entourage designed a theoretical credit currency, which can be reflected in the form of small-denomination banknotes, which is convenient for private life and small-denomination transactions. But this alone is not enough, because the carrier of "Empire" has no credit at all in the lower nest and the bottom nest. The situation where managers go back on their word and don't keep their word is too common. The people have no basis for trust. Even if they are forced to promote it among the people, it is still difficult to quickly gain public recognition.
At this time, Sierlu's solution was to link this currency to one of the most common necessities. Previously, military tickets were directly linked to food, thus gaining the energy of rapid promotion. However, the rapid depreciation and run of military tickets in the later period were also because food was a material that could be consumed by the people in large quantities. Once it was interrupted, a terrible crisis of trust would immediately break out. Suoshiyang knew about the final outcome of military tickets. The powerful and powerful used the information gap and used military tickets that were about to withdraw from the stage to harvest a wave of civilian wealth. The biggest contributor of this expedition became a bad policy that the people cursed, but he had no choice.
Chapter completed!