After the founding ceremony, the empire was officially established. For this newborn empire, the test had just begun. Whether it was the imperial emperor Li Fu, the imperial cabinet prime minister and other cabinet ministers, they all began to live a busy life. Although the empire was established, they were still not formalized in all aspects.

The huge population of tens of millions has changed from the original company system to a country, and it also has two huge life planets, and it has the entire Centauri galaxy. There are many other difficulties to face.

The Imperial Palace is not large in size and covers an area of ​​tens of thousands of square meters. It is the only house in the entire empire that is different from other residential houses. It is also considered a special treatment that Li Fu has as the emperor of the empire. Others, even the Prime Minister of the Imperial Cabinet, live in a villa with a unified planning like ordinary people.

Due to time constraints, the palace was built relatively roughly, and there was no magnificent, luxurious or otherwise that an imperial emperor should have. It was even simple to paint it. The decoration was very ordinary, but it was cleaned very clean.

The back garden of the palace is the summer of Yanhuang Star. Because the revolution is very long, it takes more than two years to turn around, so every season on Yanhuang Star is longer than on Earth.

The hot summer has lasted for nearly half a year. Chang'an City is shrouded in a heat wave, and only the giant leaf trees are very cool.

Giant leaf tree, a tall tree native to Yanhuang Star, can grow to hundreds of meters high, and its trunk is very thick, and it can grow to more than ten meters in diameter. Of course, this number is a bit insignificant compared to the tall trees in the primitive rainforest on Jiuzhou Star.

But this giant leaf tree has another characteristic, that is, its leaves are very large, one leaf is a square size, and the leaves are dense and tall, so when summer comes, its dense leaves will form a large and very cool place.

This giant leaf tree has become one of the most popular plants for the primitive indigenous orcs on Yanhuang Star. Anyone who enjoys the shade of the tree knows that the coolness under the shade is not comparable to that of air conditioners. When the natural gentle wind blows, the eyelids are fighting in summer.

There is also a giant leaf tree with a vintage in the back garden of the Imperial Palace. At this time, under this giant leaf tree, Li Fu, Fang Zheng, Zhong Yun, Cao Haitao, Yang Yiping and other senior officials of the empire gathered together, enjoying the coolness provided by the giant leaf tree and the delicious fruits from Jiuzhou Star while discussing national affairs.

"Tsk tsk, this giant leaf tree is really good. It must be very comfortable to take a nap under the tree. I will also plant a plant in my back garden afterwards."

Cao Haitao felt the cool wind under the shade of the trees, and it was really a pleasure in this hot summer day.

"It seems that your science and education work is very easy. You still have time to sleep in. I am so busy now that I can only sleep for 6 hours a day and I don't have time to take a nap at all."

When the imperial finance minister Zhong Yun heard this, he smiled bitterly. He has been too busy for a while. No matter the army, government, the Academy of Sciences and other institutions, they are asking him for money and resources. Who said he is the Minister of Finance? No money or resources, but he can't do anything.

But now the empire's economy has not yet become formal, and even its own currency has not been issued yet. All of them are still implemented according to the planned needs. There is no market economy at all. Everyone does not have to pay to buy things in the supermarket, and they do not have a salary income now when working.

It doesn't matter in a short period of time, but it will definitely not work in the long run. This time, everyone gathered together, which was also proposed by Zhong Yun. We summoned everyone to discuss how to make the empire's economy formal. In fact, the most important one is to issue the currency that belongs to the empire.

Without currency, the economy has no way to start. Only after owning its own currency can everyone get income when working, pay for things to buy, etc., and the entire economy will quickly become formal.

"Old Zhong has been quite tired recently. This time he called everyone here, and to discuss major issues about the empire's economy, we must make the empire's economy go into formality as soon as possible and restore normal economic order. The most core point is that we must issue our empire's own currency as soon as possible."

Fang Zheng also looked tired. Being the imperial cabinet prime minister is much more tired than being the CEO of a company. He has to consider more and more comprehensive things. In addition, the empire is newly built and everything is in trouble. There are too many things in various ways. Just forming a complete government agency and letting the organization run has already made Founder busy and dizzy, not to mention that there are all kinds of other things.

"Old Zhong, please tell me what you plan first?"

After hearing this, Li Fu nodded and said to Zhong Yun that Zhong Yun is the Minister of Finance and must be very familiar with this area. At least he should know something, and he knows better than other laymen. For example, how much should this currency be issued, the face value of the issuance, etc., all require professionals to operate it, and it is difficult for laymen to do it well.

"As the core of commodity exchange and social and economic circulation, currency is an indispensable thing for the modern economy. Money itself has no value, but we artificially give it value and allow it to be used as a general equivalent to promote the circulation of goods trade and economic development."

"In ancient times, money was generally used as precious metals such as gold, silver and copper. However, in modern society, the economy developed rapidly and gold, silver and copper could no longer act as currency, so credit currency was born."

"So credit currency means that the issuance of banknotes can be worth a piece of money to be used for trading with the country's credit. However, this kind of credit currency generally requires gold to be reserved. Currencies without gold reserves can be forced to circulate at home. If they are placed internationally, other countries will not buy it."

"So before discovering the currency, we must first determine what to use as currency reserves. Gold is generally used on the earth as currency reserves. Uncle Sam's currency was once used as world currency because Uncle Sam has the largest gold reserves in the world, which is a very important reason."

Zhong Yun nodded, and then began to slowly talk about currency-related knowledge, causing people around him who did not understand currency knowledge to nod, and there was also a certain concept of currency.

"Then it's bad now. We don't have gold at all!"

When Yang Yiping heard this, he immediately shouted. He heard that the issuance of currency actually requires gold as reserves. He came from the earth and brought everything, but he didn't go to store gold.

"It is not necessarily said that gold must be used. Generally, it is OK as long as it is precious metal. Of course, gold is the most suitable because it has a rare yield and high value."

Zhong Yun smiled and continued to explain.

"I remember that the currency on Earth is constantly depreciating? What is the knowledge involved?"

Fang Zheng kept thinking in his mind, thinking of this question, he quickly asked Zhong Yunlai.

"Well, that's right, no matter which country's currency is on the earth, it is basically depreciating. Even the strongest dollar has not depreciated for a long time, but this is only relative. In fact, it is also depreciating continuously, but the depreciation is very small. In addition, Uncle Sam's economy was very prosperous at that time, so this depreciation cannot be seen at all."

"The reason why countries around the world continue to depreciate their own country's currency is actually very profound. Human productivity and productivity are constantly rising, and the result is that the supply of goods is becoming more and more abundant. If the money supply does not increase and the commodity increases, then the purchasing power of money will increase, that is, the commodity price drops abnormally, corporate profits will decline, people's enthusiasm for investment will decrease, and then enterprises will reduce production scale and workers will begin to lose their jobs."

"At this time, continuing to hold the currency is a more rational choice, because over time, it becomes more and more valuable. This will further lead to a decline in market demand, and thus deflation occurs."

"Severe deflation is a devastating blow to the market. At this time, the best investment object in the market is money itself, and money will exit the circulation link in large quantities. The commodity loses the general equivalent of "money", and the result is that transactions become very difficult."

"A moderate currency depreciation will reduce people's willingness to hold money all the time, promote the achievement of market transactions, and thus drive economic prosperity. The continuous appreciation of currency is not conducive to market transactions."

"Of course these are some benefits brought by currency depreciation. In fact, currency depreciation has another role to reduce the government's fiscal burden and invisibly take away the wealth in the hands of ordinary people."

Zhong Yun thought about it, sorted out the language, and then began to talk about the relevant knowledge of currency depreciation, which made everyone who had never understood why currency always depreciated suddenly realize it.

"So in this way, we think we will continue to depreciate the currency in the future?"

Fang Zheng frowned at the end when he heard this. He relied on currency depreciation to plunder the wealth of the people. Such a method is really not a way to see it. Because he has heard too many things and too many similar things, some farmers only know how to save money because they don’t know how to manage finances or something.

Originally, the thousands of dollars from decades ago could have played a big role, but after decades of being stored in the bank, I realized that these thousands of dollars were simply insignificant. You can imagine how terrible the depreciation of currency plundered the wealth of ordinary people.

"Our currency will never depreciate. If the government has no money, it will reduce expenditures, financial resources, taxes, etc., but it will never pass on the financial burden through currency depreciation."

Hearing this, Li Fu also spoke and said with a decisive voice. As a rural person, Li Fu knew very well what ordinary people at the bottom of the countryside had to say about money. Especially in rural areas, ordinary people worked hard and were reluctant to eat, and were reluctant to wear it slowly. They saved money one by one, and kept it in the bank for decades. Only after they were old did they find that the amount of money had not changed, but its value was far from the same.

Li Fu has seen it with his own eyes and heard the elderly in the village crying. The elderly cannot figure out why it is obviously money, but why is it getting more and more durable? In the past, you could buy a lot of things for a dollar, but now you have to buy a bottle of water to see what water it is.

The people at the bottom have too few information and investment channels, etc., so they want to save money because they feel that the number will be more wealth, but they don’t know why the money has become less valuable. Invisibly, the hard work and sweat of life have been plundered completely.

When everyone present heard Li Fu's words, they nodded. They were all from poor families and knew about some things like Li Fu. They also heard about some things. The depreciation of currency can be called an invisible blood-sucking lee, robbing the wealth of the people without realizing it.

"Then what exactly do we use as currency reserves?"

Zhong Yun thought about it and moved the topic back.

"We are a brand new empire, and we will develop into the universe and starry sky in the future, so I think we can also abandon some of the past things and innovate when issuing currency."

"Since we don't have gold reserves, we can use other things, such as using energy as reserves, and we issue constant energy currencies."

Li Fu thought for a long time in his mind, and slowly spoke up, telling the experience of the super-civilized Han Tech Empire. The powerful civilizations in the universe generally use energy currency.

Because the reason is very simple, civilization has developed to the stage of interstellar and cosmic civilization. Various spacecraft, aircraft, etc. will be popularized, and gradually even to individuals. These all require energy, so it is quite appropriate to use constant energy currency.

And because the universe is too vast and vast, the territory of some huge cosmic civilizations is very vast. If this currency continues to depreciate, the impact on the economy will be huge. On the contrary, the constant energy currency can better promote trade and economic circulation in various regions between the stars and the universe, because when you hold the currency, you don’t have to worry about the currency depreciation.

Even if you travel across the ocean and spend several years to travel to other alien galaxies to do business, you don’t have to worry that the currency in your hands is worthless all of a sudden. You can go to the universe to do business and trade with confidence.

"Constant energy currency?"
Chapter completed!