Chapter 1463 The Significance of Economics(2/2)
Connor looked at the emperor in front of him and listened to his questions, as if he was teaching a very studious student.
There was such a student... There used to be one. She always had all kinds of questions, always wanted to know all kinds of weird theories, and her philosophy of studying economics was far beyond her imagination.
It’s the stage where you need to be a small boss and learn to settle accounts.
But now, Connor knows that the next student he wants to teach is the emperor, and what the emperor wants to do is to start a financial fight with his previous student...
With a hint of distress, Connor continued speaking——
"As I just said, money is not important. As the emperor, you can make millions of gold coins anytime and anywhere. What is really important is the royal family's endorsement of this currency."
"So, why does debt not matter? It has to do with the relationship between this endorsement and the non-metallic currency. Here, we actually need to understand another possible... still very counter-intuitive theory
.That is...taxation is actually not important to a country."
With the surprise just now, Menglang originally thought that he was fully mentally prepared.
But now, he was still shocked by the whimsical and unreasonable theories of the teacher in front of him.
However, he still maintained his composure. After adjusting his breathing for a few times, Meng Lang regained his calm demeanor and asked——
"Taxation...isn't important either? Please explain it in detail."
When Connor looked at Meng Lang, his eyes returned to calmness from the shock in a very short period of time. He couldn't help but sigh in his heart that this emperor was really very studious and very good at controlling his emotions.
If he was born in a period when the Blue Bay Empire was still developing steadily, this emperor would definitely lead the entire empire uphill and forge a glorious era for the entire empire!
It's a pity that he was born in this era...
"Your Majesty, let us first imagine such a scenario."
"You need to buy something worth one hundred gold coins. Don't worry about what that thing is. It can be anything. So you casually wrote a piece of paper worth one hundred gold coins and gave it to the merchant. The merchant
I gave you that thing."
"After that, this piece of paper with one hundred gold coins was continuously circulated among the people. Merchants used this piece of paper to trade with each other and circulated among themselves."
"Then when the tax collection time comes, you take back the piece of paper with one hundred gold coins from the taxpayer's hand. Then at this time, think about it, during this whole process, you have gained
What? What have you lost again?"
Meng Lang thought carefully. He seemed to have his own understanding of this counter-common sense idea, and wanted to switch his thinking mode to that of an economist through this method of constant thinking.
He tried hard to think about it, but after thinking for a long time, he finally had to give up, shook his head and said: "I...I'm afraid I still can't understand. I casually wrote a piece of paper worth a hundred gold in exchange for the product, and finally
Chapter completed!