Magicraft Meister

3150 - - 83-14 Monetary Economy

>Day 2.

The meeting starts at 9:00 AM.

The first item on today's agenda is the amount of currency in circulation.

The chairman, Zion, declared.

The currency of this world is gold, silver, and copper coins, which are common to all the countries of the Small Group, the Shoro Empire, Mitsuho Huso, and the Principality.

There are also crystal coins, but these are for deposits and are not in circulation.

The most important thing is that the has the right to issue them.

However, the size and quality are strictly determined.

The design is the same on the front: three crossed swords = Dreischwelt.

Gold coins cost 10,000 Tall (about 100,000 Japanese yen).

Gold is priced at 500 Tolls per gram (market price).

The gold coin is about 25 mm in diameter and 2 mm thick (about 1 cubic centimeter in volume).

The coin is 75% gold, 15% silver, 10% copper (18 (18K), weighing approximately 20 grams.

The obverse is a profile of the goddess in the sun.

The silver coin is 100 Tall (about 1000 Japanese Yen).

Silver is 5 Tall per gram (market price).

The diameter of the silver coin is about 25 mm, and its thickness is about 2 mm. (The volume is about 1 cubic centimeter.)

The coin is 90% silver and 10% copper (coin silver) and weighs approximately 10 grams.

The obverse side has nine stars and a profile of the goddess.

The copper coin is worth 1 tol (10 yen equivalent).

Copper is priced at 0.15 Tall per gram (market price).

The diameter of the copper coin is about 25 mm, and its thickness is about 1.2 mm. (The volume is about 0.83 cubic centimeters.)

Copper 95%, tin 5% (bronze) about 5 grams.

The obverse is an ear of wheat and the profile of the goddess.

The gold, silver, and bronze coins are mixed with 0.001% mithril silver for magical identification.

The crystal coin is worth 10 million toles (100 million Japanese yen).

It is approximately 50 mm in diameter and 3 mm thick. (Volume: about 6 cubic centimeters).

Made of magi crystal of all attributes. Approx. 20 grams.

The reverse side is a profile of the goddess with lilies.

It is for deposit, and is not actually in circulation.

Of course, counterfeiting or minting is strictly prohibited and is a serious offense.

In addition, the coins issued are treated with a special magic process to prevent counterfeiting.

There are three types of magical treatment.

The first is . The first is , which makes the coins hard and scratch-resistant. Harder than an iron nail (Mohs hardness 4.5).

The second is . The surface of the coin is less prone to discoloration. (This is an older version of developed by Stearina in the past.

The third is <. The mithril silver mixed with mithril silver has a magical <>, which can be identified by a special magic tool.

These three are added at the same time at the time of minting by the coin-issuing magi-machine stored at the mint.

"As many of you know, the former Kingdom of Dinar created and operated such a coin-issuing machine (magi-machine)."

Theon explains.

"However, after many years passed, the Kingdom of Dinar was destroyed, and currency could no longer be issued, but fortunately or unfortunately, the population decreased drastically due to the <>, and the economy stagnated for about 400 years, so it did not become a problem. It did not become a problem.

When people stored their wealth, it was not in the form of money but in the form of gold bullion, so there was almost no decrease in the circulation of money.

"Then, about 400 years ago ......, around the year 3460 on the continental calendar, the world began to change again," he says. Around the year 3460 on the continental calendar, the world began to develop again, and of course the economy expanded, resulting in a shortage of money.

Zion is experiencing this first hand.

"Then, the < repaired the Magi machine for issuing money. He then entrusted the management to the Council of World Affairs.

"I see."

Jin, who had been observing from the back of the room, wondered if I had done that in the past.

The reason for the shortage of money in circulation was probably due in no small part to Jin's hoarding.

Jin guessed that the money-issuing machines were probably repaired or newly built to overcome the situation.

"In addition, counterfeit coins were circulating at that time, threatening the economies of countries around the world. In that sense, it was fortuitous that these magi machines for issuing coins were newly created and managed by the <>."

The technology of the old Dinaric kingdom was reproduced, and Jin wondered how they had been able to prevent counterfeiting since that time.

"Now, I would like to begin the meeting to determine the number of coins to be issued by each country.

As long as we use a common currency, different monetary values would upset the economic balance among nations, which in turn could destabilize the world situation.

A slight difference in price is inevitable, but a large disparity is not good.

Therefore, the <> decides the number of coins to be issued according to the economic situation of each country.

I don't know if this is the best way or not, but since this system was established, the world economy has been fairly stable.

(......I'm not an economist, you know. ......)

Jin laughs, "At best, I can do nothing more than keep a household account.

* * * *

Each country submits a document containing figures on tax revenues, revenues, expenditures, and expenses, which are then evaluated to determine the number of sheets to be issued.

Normally, this work cannot be completed in a day or two, except with the auxiliary magical brain created by the <>.

This is, in essence, a computer specialized for a specific task, which produces results without unnecessary fluctuations as long as the necessary data is input.

The required data are population, land area, revenue and expenditure for the past 10 years, breakdown of the national budget for the past 10 years, temporary expenditures for the past 10 years, and so on. and so on.

The of each data set is discussed and decided at the (although it is generally the same as the previous year's data).

The calculated numbers are then discussed somewhat and fine-tuned to determine the final numbers.

At this point, Jin could not follow the discussion (nor was he very interested in it), so he left the meeting room to take a breath of fresh air.

The morning ended with such a decision on the number of coins to be issued.

* * * * * * *

After lunch, the afternoon was spent on the introduction of Arnold and Delfina, the actual situation of the magic war, and the explanation of heavy metal pollution.

Jin will also attend the meeting as a concerned party.

"Arnold and the others will prepare the materials, right?

"Yes, father."

Reiko answered Jin's murmur.

"I wonder how they will react when they hear what Arnold and the others have to say.

Jin hopes that they will use the past to create a better future.