Chapter 941 The new version of the currency begins to be issued
The next day, just as Tangen was planning to return to Yalinx and spend the Glory Festival with Aurelia and others, a good news suddenly came from the Magic Engineering Institute. The key problem of the banknote printing machine was solved, and a batch of new currency with triple anti-counterfeiting functions had been successfully printed.
"Tsk tsk, triple anti-counterfeiting."
Tang En looked at the banknotes in front of him and was amazed.
Even on earth, the anti-counterfeiting methods of banknotes are just like this. Magnetic stripes, watermarks, and anti-counterfeiting printing are at most currency numbers.
In terms of effectiveness, it is not as good as the triple anti-counterfeiting here.
According to Tang En's instructions and taking into account the habits of the citizens of Plandal, Tang En canceled his original plan to use rounded corners and continued to use gold, silver and copper. However, it was no longer the name of currency, but became a currency unit. It was no longer linked to the material of currency. It was impossible for him to force people in this world to follow him to adapt to a new currency unit, so using gold, silver and copper may be the easiest to be accepted by the market.
Banknotes are divided into 100 gold, 50 gold, 20 gold, 10 gold, 5 gold, 2 gold, 1 gold, 50 silver, 20 silver, 10 silver, 5 silver, 2 silver, 1 silver, 50 copper, 20 copper, 10 copper, 5 copper, 2 copper, 1 copper, exactly the same as the RMB he is used to.
100 gold (yuan) corresponds to 1 Irrus gold coin, 1 gold is approximately equivalent to 1 silver coin, and 1 copper is equivalent to 1 copper coin in the past.
This means that there is a misalignment between the new currency unit and the original currency value. It looks like it has appreciated, but the actual purchasing power has not changed.
As for the currency equivalent to 1 Star Diamond Crystal Coin, Tang En did not consider printing. On the one hand, it was because the denomination was so large that it was suspected of inflation. On the other hand, it was because the star Diamond Crystal Coin was still circulating in the market, but it was very small. The reason for its appearance was that the original currency was too heavy. A Star Diamond Crystal Coin would definitely be more convenient than a hundred heavy gold coins.
Now after changing to light money, there are no shortcomings.
Having said that, Star Diamond Crystal Coin is actually a large amount of private currency issued by Star Diamond Bank with its own banking strength as a guaranteed guarantee, and it is also a type of credit currency...
In fact, such exchange is quite simple and crude. According to the actual purchasing power, the purchasing power of 1 gold coin in Plandal is equivalent to that of 100 yuan on earth. This means that a magic mobile phone with a price of 99 gold coins is actually equivalent to 9,900 yuan, and a ton of wheat 12 gold coins, which is more than 1,200 yuan.
However, Donn had to take this wrong view of Plandal's deflation, and it was deflation (see Chapter 884 for details).
He really didn't have the energy to study how to restore the economic order of Plandal to normal, so he had to use simple and crude means to introduce this chaotic market into the formality, forcing the nobles who had the habit of saving gold coins to turn out all the gold coins in the box and exchange them for paper money.
When all the gold coins accumulated by the nobles flow into the market, the issuance of paper money will gradually remain the same as the gold coins. The gold coins that have not been exchanged will not participate in circulation, which will not lead to excessive issuance of currency. The value of commodities will naturally continue to rise with the development of the economy, the actual value of currency will naturally return to its due status, and the deflation will gradually disappear.
All of it is left to the market to solve it themselves. He is not here to be an economist.
According to their discussions, beautiful and complex patterns were printed on the printed currency. These patterns were designed by Sanye and Alili, and most people could not draw them at all.
The largest denomination of 100 yuan is painted in the center of the front of several races such as humans, elves, dwarfs, gnomes, orcs, goblins, dragons, dark elves, etc. Each race forms a ring, with the palms stacked together in the middle, and a circle of green vines from world trees form a frame, symbolizing the unity and peace of all races.
It’s not that they discriminate against Naga and the dying genocide of the Rage Fishman and those small races, but they are printed because they are the main objects of currency use.
Originally, Sanye and Aili were planning to use Tang En's avatar, which scared Tang En. It was difficult to convince them to use the fictional avatar. Although judging from his mission, it was completely fine to print his avatar on currency, he didn't want to make any big news.
However, out of her favor for Tang En, when Sanye painted a human image, the human avatar still looked a bit similar to Tang En at first glance. Moreover, she used special painting techniques. If she looked at it from a specific perspective, the human image would become Tang En, and the elf image would become Sanye's own. Tang En had to accept his fate after he knew it because this could also be used as an anti-counterfeiting method...
The image of the elves was chosen as Queen Isali, and the image of the dragon clan was Sashaglot, which was even more awkward. With the lifespan of the elves, it is estimated that she might still be like this when she changes the currency of the human kingdom...
The dwarf was originally Durandon, but Brian insisted on changing to his avatar. When the final draft was finalized, Don simply called Eberron over and blocked Brian's mouth.
The avatar of the dwarf is undisputedly Croto, while the orc is Testostero's sharp teeth are not interested in becoming a currency image.
The goblin chose the image of Rivetz Gold Teeth as its representative without asking.
The dark elf had a little trouble with Lola and Lolin and her daughter quarreled over this matter. Finally, they found Tang En and insisted on asking him to judge. Tang En, who was shocked, finally decided to decide the winner with their sleeping skills. In the end, Rolin lost to Lola and had to accept her fate dejectedly.
Innocent girl, you still don’t understand the potential of evil forces in breasts…
The images drawn on other banknotes are mostly related to the iconic scenery in various places in Plandal, such as the Cathedral of Light in the Vatican, the Emerald Corolla of the Emerald Forest, the Sharkhera of the Underground World, etc., which are very recognizable and can be distinguished at a glance.
In addition to the banknotes, there is also a simple "money detector" next to it. This is a machine used to verify the authenticity of banknotes. It is equipped with devices to identify magic emblems and magic runes. Although Plandal has the supervision of the real gods and the general customs are relatively simple, there are always one or two scums. If someone really imitates the banknotes, it will also give ordinary people some chance to identify banknotes.
Originally, Tang En wanted to come at a steady pace, and the rash launch of new currencies had a great impact, but this year's Glory Festival was another great opportunity. Tang En found Aurelia and Olina to discuss it, and the few people slapped their heads and decided simply in a neat way.
Therefore, the news that the Irrus Coinage was reorganized, the Irrus Empire implemented currency reforms, and the issuance of a new version of paper currency suddenly appeared in the eyes of the public.
...
The Glory Festival is in full swing, with merchants, believers and consumers from all over Plandal pouring into Yarinks. In just two or three days, Yarinks consumed more resources than in previous month.
But in the same way, these foreign migrant workers brought huge wealth. When they left, they took away a large amount of local goods and left huge wealth, making the local businessmen who made a fortune laugh.
Of course, the most profitable time of the entire Glory Festival is definitely the Tang Dynasty Chamber of Commerce.
Because the goods sold by the Datang Chamber of Commerce are too special and there are no other competitive products at all, in the past few days, the Yalinx branch of the Datang Chamber of Commerce has signed orders for more than 5,000 magic harvesters, as well as supporting tillage machines, sprinkler irrigation machines, etc. After the already fully popular bicycles launched new leisure bicycles and children's scooters, it ushered in a sales boom, and more than 10,000 were sold in just a few days.
Harley Motorcycle, which is aimed at the civilian market, has also achieved gratifying results. The Yarinks branch alone sold more than 2,000 units, and other cities have also made many achievements.
Magic furniture products such as Magic Air Conditioners and Magic Refrigerators, which have long been famous all over the world, are also selling well.
Those merchants took away not only goods, but also the image of the newly renovated Yarinks.
In the past few days, Yalinx's newly renovated roads, the extremely convenient bus system, as well as newspapers and magazines that can be obtained anytime and anywhere, and the popular literacy rate impressed them deeply.
What surprised them the most was that during the Glorious Festival last year, the magic furniture, which was still expensive and luxurious, has now entered thousands of households, and even some mid-to-high-end tavern rooms have been equipped. After enjoying the convenience brought by magic furniture, they will definitely not be used to the backward feeling of relying on carriages when going out and the hot weather is blowing by the wind.
An invisible worship of Yarinks, or the Irrus Empire, or rather, the Tang Chamber of Commerce has emerged. Many people have expressed their intention to settle in Yarinks, but the development pattern of Yarinks has been limited and the acceptable population is very limited, so the wishes of those people can only be disappointed.
But Don't give up this good opportunity to increase the population of domestic residents. Yarinks can't do it, Ellington can do it!
Ellington is almost open to its doors and welcomes any resident who is willing to work to settle down.
Not only Ellington, but other cities in the Irrus Empire also welcome the foreign population. Driven by various new policies of Donn, the Irrus Empire is now decaying, rejuvenating unprecedented vitality, and warmly welcome tourists from all over the world to join this big family.
The Tang Daily took advantage of the opportunity of the glorious festival to reveal these news "inadvertently". He believed that as these people left, the wonderful Irrus Empire, like the kingdom of God, would attract those people to come here to pursue their dreams with strong attraction.
It was just like the American dream that was popular all over the world on earth back then.
Of course, the most shocking news released by this glorious festival is the fact that the Irrus Empire has implemented a new version of the currency.
The Irrus Coin was reorganized into the Plandal Central Bank, responsible for issuing new versions of the currency.
Chapter completed!