Chapter 32 The Value of Gold
Ai Luo was thinking to himself, but when his food was brought to the table, hot and ready to eat, Coco, who had been hesitating for a long time, finally said with a courageous look on his face: "Brother, President, I
I want to talk to you...about that Merlin Darkspeaker. Well...actually, I want to talk to you more about the organization behind him, which is the magic organization called the Eye of Truth."
Brad's large portion of stewed potato pancakes was served with mushroom soup. He very carefully put the parfait down from his shoulders, took a spoonful of soup and put it in front of parfait, and waited until parfait ate it with relish.
Then he ate with big mouthfuls.
Ai Luo put down his knife and fork and looked at Coco seriously: "What you want to say, I can listen to."
Coco nodded, and after her small portion of salad was served on the table, the little girl slowly said what she had always been afraid of.
"Actually, you should be able to know these things as long as you go to the big cities and ask around. After all, even a humble magician like me can know their things. It shows that they themselves don't want to hide much."
"The Eye of Truth, although on the surface it is a pure magician guild organization. But in fact, what they do is more than just a guild organization."
"Using their own powerful magic power, their guilds often have strong combat effectiveness. However, along with the powerful power, it does not bring good things to others..."
Strong power naturally requires strong restraint. The more powerful the power, the more it needs restraint, otherwise this force will go wild.
Airl can basically guess something from these few sentences, but it's just not specific enough.
Brad on the side raised his head from the potato pieces and wiped his mouth: "Don't do good things? If so many people know that this guild doesn't do good things, will the empire just ignore it?"
Coco shook her head: "I won't care, because no one dares to care. Although I don't know who it is, I heard that there are high-level officials in the empire taking care of this magic guild. So they are even more blatant, and no one dares to care about it.
.”
"Because no one is in charge, the members of the True Eye Guild have almost reached the point where they can occupy farmers' houses at will, assassinate those who oppose them, and even arrest people for some magic experiments. They have become official..."
At this point, Coco suddenly stopped, but after a second she continued -
"I heard that they will capture some newly born children and use the children's souls and blood to refine something called 'real alchemy'. This is why there are many cases of missing children in certain areas of our empire.
, but the reason has never been uncovered.”
Arrow: "Real alchemy? What's the difference between this and ordinary alchemy?"
Coco lowered her head and hesitated for a moment, as if thinking about whether she should really tell everything she knew in her mind. After a while, the little girl finally took a deep breath and said slowly -
"The real alchemy...I don't know very well, but I heard...occasionally heard rumors that it seems to be used to refine real gold. The refined gold is the same as real gold in terms of color and quality.
It is exactly the same and can be used as a substitute for real gold."
Hearing this, Ai Luo's expression suddenly changed. He lowered his head to think, but Brad next to him looked very relaxed and said with a smile: "I was scared to death. I thought this magic guild was going to practice."
How to create some great magic related to powerful demons, immortality, resurrection, the Philosopher’s Stone, etc. Alchemy? It doesn’t sound very good either.”
"If real gold could be refined, it would be much scarier than refining the Philosopher's Stone."
Ai Luo had no intention of continuing to eat. He knocked on the table lightly and said while thinking——
"Some of my fellow magic apprentices in Lao Teng Shu once said that the highest level of being an alchemist in this life is probably to refine the Philosopher's Stone. But actually, if you think about it carefully, even if the so-called Philosopher's Stone is scary, it is absolutely
Nothing compares to real gold.”
"If the people in these magic guilds can really create precious metals that are real or infinitely close to gold, then it means that the world's economy will collapse instantly, and there will be countless wars and starvation.
Countless people died in the battle. The living and cultural level of the entire continent may instantly regress to the ancient era of chaos. In comparison, the disputes that the Philosopher's Stone can bring are really trivial.
"
Cocoa was a little confused: "Brother President, I don't understand this. I've heard of the Philosopher's Stone. It's said to be a magical element that once obtained, can gain the power to subvert the entire world.
It is an existence that can turn people into gods. But from what the president brother said...is this thing even worse than the gold coins in our hands?"
Ai Luo doesn't mind asking questions, but he is very happy that his members can keep asking questions. As long as he can answer them, he will try his best to answer them, which will help the rapid growth of his members.
"Coco, Brad, Buffy. You should know that although there are many countries in the world, each country's currency is also different, and the exchange rate between each currency is also different. There are even differences between some countries.
Each other does not recognize the currency of the other country."
"For example, I have a thousand gold coins in our Blue Bay Empire. Then I took this thousand gold coins to the Hunter Empire next door to us, because there is currently a war between our country and the Hunter Empire.
So they do not recognize my wealth. Therefore, even if I arrive in their country with these one thousand gold coins, I am still equivalent to a pauper. Unless I dissolve these one thousand gold coins and separate out the gold in them."
"But in this way, my wealth will be greatly reduced. The reason why a gold coin is worth a gold coin is because our Blue Bay Empire has given it such a value. Therefore, the gold coin itself does not need to be completely pure.
Made of gold. The gold content of our empire’s daily currency is about 15% to 20%, and the other ingredients are supplemented by metals such as iron, copper, and silver.”
"However, there is one thing in this world that can be used universally anywhere in the world. That is gold."
"If I take pure gold from our Blue Bay Empire to the Hunter Empire, then one kilogram of gold can buy things in our Blue Bay Empire, and then I can also buy the equivalent of one kilogram of gold when I arrive in the Hunter Empire.
s things."
"Gold is the most basic currency in this world. All exchange rates in all countries are based on gold. Gold is the real hard currency in this world. Even if you reach the country of dwarves or the country of elves, even if you encounter
The legendary dragon, if you show gold, it means that you are willing to buy their things, and the other party will also recognize the value of this piece of gold."
After explaining the prelude knowledge, Ai Luo looked at Coco, who seemed to understand, and continued -
"So, if this magic guild really develops how to make gold, it will cause the value of gold, which is enough to serve as the world's currency due to its scarcity and stability properties, to immediately depreciate. When a large amount of gold flows into a country's market, it will directly drive that country
The value of gold fell."
"The initial consequence is that a large number of assets scattered among the private sector will begin to purchase gold in large quantities for storage of value. But the problem is that a country's economy is fixed at a certain stage. Once a large amount of funds are used to purchase gold, other
Funds invested in commerce, agriculture, construction, and social security will quickly decrease. The worst part is that many of the problems are not easy to detect in a short period of time. But once the problems begin to break out, they will bring huge consequences.
of social unrest.”
"Reduction in commercial investment will lead to massive unemployment, reduction in agricultural input will lead to insufficient food supply, and reduction in social security will lead to social unrest that cannot be calmed in time. The simplest example is that if you can make money by buying gold in large quantities, then you are willing to
Naturally, there will be fewer people begging for food as soldiers, and with fewer soldiers, the stability of society will decrease, so that when it becomes hostile to other countries, it will lead to insufficient defense capabilities."
"Of course, this is only based on problems that arise within a country. If there is too much gold in this country and the price depreciates, then the economies of other countries will naturally find ways to reach in and purchase gold in large quantities, and then transport the gold.
Go back to your own country and resell it to earn a large price difference.”
"The result that will follow is that the entire world begins to flood with gold. After reaching a certain stage, gold is finally completely abandoned and becomes the world's universal currency."
"Once gold loses its status as the world's universal currency, chaos will follow in the international financial exchange rate. Because before that, each country confirmed the exchange rate based on how much one kilogram of gold in its own country is worth, and then
Conduct country-to-country transactions with other countries. After losing gold, each country can no longer know how much its own money is equal to the currency of other countries. Therefore, transactions and exchanges between countries have completely stopped.
"
"There are also many contradictions within the country, because how can we civilians know the accurate value of a gold coin? For example, a gold coin can buy 1 kilogram of wheat. But if we have a bumper wheat harvest this year, I will
The wheat that one gold coin can buy is only a small part of the great harvest, so wouldn’t I be at a loss? If our wheat harvest fails this year and people in many places are starving, then wouldn’t the wheat that I can buy with one gold coin be?
Made a fortune?"
"Since the end of the Age of Chaos, it has taken us more than a thousand years to finally identify gold, an unchangeable and extremely stable metal, as a universal currency. So far we have not found the next one that is extremely stable and will not deteriorate, and will be accepted by everyone.
Favorite substances as the standard. Once gold is lost as the standard, our human economic activities will immediately fall back to before the era of chaos."
"Judging from this situation, being able to refine real gold is much more terrifying than refining the Philosopher's Stone. The Philosopher's Stone can only allow one person to gain powerful power at most, and
This person who has gained great power will have reason and appeal. This person can be restrained by himself, or he can stop acting for some other reasons. What's more, his Philosopher's Stone can be taken away. In short, there are countless
There are endless ways. But if the financial system is out of control, then even if there is a god in this world, then this god may not be able to save us humans from our depravity."
"Coco, Brad, and Buffy, you three must remember that the most powerful thing in the world is never powerful magic. Although we often say that 'the truth is within the attack range of the fist,' we must also remember
Chapter completed!