Chapter 26 – 2. Marginal Reconstruction (6)
A chilly aura lingered.
It wasn’t just because of the severe cold in the north. It was cold enough to feel life-threatening, and it was because of the rapidly freezing atmosphere. The man in front of him was so fierce that even the general manager of the Lucerne store, who had gone through all of the prenatal battles, felt fear.
“Bah, what did you just say…”
“Merchants must be fast in their calculations.”
Added Rome, who placed his clasped hands on the table and grewled in a low voice.
“From now on, I will talk on the premise that you are a merchant who knows how to calculate.”
There were no birds to follow. The knight who took the initiative in an instant drove Marcel into a corner without showing the slightest gap. It was an embarrassing situation for him, who misjudged him to be a lower rank just by looking at his shabby clothes.
“As you might have guessed, Lemoyn is now trying to reissue silver coins that were minted in the past. Recruiting technicians through an official letter is part of that step, and I believe that Mr. Poincaré knows well what kind of profit we are trying to gain through this.”
Of course it was. Any trader who belongs to a large trader studies coin minting arbitrage. Isn’t that right from the beginning of the kingdom of Gaul, which is reducing the silver content? There is nothing more effective than printing more money when you can’t afford it.
If you don’t think about the aftermath, or if it’s within the line you can handle.
“As you know, our wise king has a lot of homework. We have to prepare for the invasion of the Rus Empire, which is still lurking everywhere and crushing the opposition. But any policy must require a lot of money.”
So the king of Gaul decided to sell the future and live for the present. That’s how the money minting profits of powerhouses competing for supremacy on the continent began.
“The decision to reduce the amount of silver coins was a pretty good decision. Gallic doubloons aren’t a nice currency to touch by any means. It has the symbolism of representing a country, and because it is so expensive, the liquidity is not good either.”
Conversely, Dongwha has excellent liquidity, but it was difficult to take profits because the face value was too low.
“The problem is that there are limits to such casting margins. They probably gathered a bunch of smart scholars and made them do the calculations. To what extent do we have to step away from the line, and how can we suppress future inflation as much as possible and stabilize the economy again?”
That is the so-called control threshold. And, of course, as an outsider, it was impossible to know at that point. Even Rome did not know exactly when the silver content of Gallic silver coins began to decline. It was so sophisticated that it was difficult to notice simply by weighing it.
“A few years at most. It is also a story when looking at it with the utmost optimism. Even among the upper classes of Amman, rumors reached the ears of local nobles like us and large merchants like you.”
All currencies are doomed the moment they lose credit. Even though the silver content of Gaul will not be abandoned to the extent that the silver content is slightly reduced, the moment the public hears rumors of courtesy, the country’s economy will surely suffer in some way.
And from then on, the kingdom’s loans ended. The time comes when you just have to repay the debts of the past. The key is whether the current king can solidify his position and prepare for such a crisis.
“In short, the royal family needs a new stimulus package now. At least it is to buy time until such a policy is devised.”
Last one, one big one!
“No way!”
Marcel’s head spun quickly. Even at a young age, he was a talented person who was in charge of the branch manager of a local district, and he was perfectly understanding what Rom was trying to say. Forgetting even the rudeness and threats you spat out at me.
“Reissuing the Lemoyn silver coin, then… !”
It’s not a slip, but what country would officially accept the currency of a territory with its own power as crazy. All the royal family needs is just a name. The old silver coin in the frozen soil where all kinds of minerals are pouring down, more precisely, it is only the trust that it will have.
“Recently, large merchants on the continent are reducing their stockpiles of Gallic silver coins all at once. After all, there is no idiot who won’t exchange it for another silver coin after hearing such news. It is said that deterioration builds positivity, but there is a certain range that can be used for that as well.”
Currency that has lost value is simply excluded from the market. According to recent trends, the reputation of Gallic silver coins has been steadily declining.
If not right away, someday, the use will be limited, so there will be more people who will hit cheaply or even refuse to receive it.
“However, the content of silver coins on the continent, which is in chaos due to the currency war, is being drastically reduced without exception. Hey, I’m so busy living today, how can I have time to think about tomorrow?”
In the continent, which is the de facto silver standard, we cannot give up silver coins. If that happens, not only will there be simple economic repercussions, but a major reorganization of the power structure will begin again in this land.
We had to come up with countermeasures for the upper circuit, which always pursued stability. And what they paid attention to was none other than a certain currency made in the largest mining area in Gaul.
“Lemoen silver coin, so this coin that is loved on the continent even today after quite a while…”
Said Rom, pulling out a shiny silver coin from his pocket. This money, made entirely of pure silver, is still exchanged in each country for its own.
“Many countries, including Gaul, are harvesting visible tribes. And now, like Lucerne, even the giants are participating in this competition.”
There is only one reason, the massive deterioration in the quality of continental silver coins.
“Wanga noticed that right away. Therefore, they have been asking if they are willing to mint new Lemoang silver coins in the Marquis, and if they are willing to participate in their secret minting arbitrage business. Marquis Marquis had no reason to refuse. Except for the fact that he was in trouble because of the rebellion of Corvin and the four barons and not having the money to run the foundry again.”
“In other words, the Gallic royal family is going to use the reputation of the existing Lemoang silver coins!”
Marcel was confused. This was not something a person like me who manages a constituency would be happy to hear. Certainly, it was information that would allow you to rise to the top of the upper world in an instant if you could put your feet on it, but the price was the risk of running away from your neck.
“It must be an ulterior motive to pay off the debt with a new Lemoyn silver coin with a drastically reduced silver content. And it’s a drawing where the royal family and the Margrave share the remaining profits moderately.”
“It’s a big picture. No matter how large a store is, it can be said that it is a masterpiece that even a branch manager can never see. Nevertheless, Lady Marquis Baek wanted to get help from the Chamber of Commerce due to the immediate financial difficulties.”
The candidates were the Lucerne Chamber of Commerce, the Brullin Commercial Association, and the Britannia Trading Company.
“But…”
The situation has completely reversed. If you hesitate to invest even with this opportunity in front of you, you do not deserve to be called a merchant. From a long-term perspective, it was a contract in which a small amount of money was lent and billions of dollars were returned.
Even more unofficial, the payment guarantee is the Gallic royal family.
“Mr. Poincaré is still short on words.”
Marcel looked at Rome startled. I belatedly realized that I was not in a situation where I would go out with a high attitude, so I asked a question.
“Ears, who are you?”
Coincidentally, it wasn’t Rom who answered the question. It was Orianne, the wife of the Marquis, who opened the door just in time.
“He is from Dior.”
Again and again, she entered her room, showing off her prodigious figure of her, and completely mesmerized Marcel. The Jul fan spread wide to cover the corners of her mouth her, and under her neatly raised hair her, she was wearing a dress with a hollow chest that seemed vulgar or provocative.
“Mrs. Lemoyn?”
She was an off-white color that I couldn’t help but stare at.
“D-Dior means… !”
But there was something more surprising than that.
“The branch manager has probably heard of it. Romuald, the hero of Limousin and the man who saved Lemoang, the knight called the invincible of the central house of Dior.”
“Hee!”
Only then did Marcel catch her breath. She looked back and forth between Rom and Oriane, with only her two mischievous eyes diligently rolling.
‘Romuald Dior!’
A strong man who was said to change the game on the battlefield with only the power he possessed.
‘The illegitimate son of Alexandre, Duke of Dior!’
Dior, a prominent family in the central political world, is a family of meritorious subjects. Needless to say, their status, which played the most decisive role in helping the current king ascend to the throne, is what it is. In that context, the remarks of this knight, Romuald, who had only been thought of as a ragged steward, had no credibility and were poised to pierce the sky.
‘I see, this man was the messenger of the royal family!’
Rumor has it that the current head of the Dior family does not like the youngest knight, an illegitimate child. And that is why Marcel was convinced that this man, Romuald, was the most suitable messenger.
‘Because if you have to, you’ll be able to take off your tail. It would have been perfect for a person to be used. Either way, this is absolutely awesome. He has to shut up no matter how much he calls and go through his feet. I don’t need any other high school and nabal!’
Calculation is over. The only attitude I had to take from now on was to apologize for the previous rudeness and bow down.
“Hey, there were a lot of examples of this. I apologize to the driver who must have been offended by my lax attitude…”
Marcel politely bowed his head. Meanwhile, Oriane came up behind Rom’s seat and put her hand on her shoulder. It was to show the merchant in front of me that this man was not only close to me, but also greatly trusted.
“Wrong.”
“… ?”
It was Oriane. She tripped over Marcel’s apple, half covering her face with her wide-open fan of her.
“Marcel Poincaré, what you have to offer now is not an apology, but your life.”
“Yes?”
The merchant’s face went white. Yes, my attitude was a bit poor, but to give up my life, is this possible?
“Boo, madam? I apologize again for the rudeness I have committed…”
“It’s not like that.”
The cold Marquis’ voice continued to drive him. Unlike before, Marcel, who did not understand the situation, felt dizzy. If so, he looked at Oriane with an expression asking me to tell him why he was doing this.
“Are you sure you don’t know, or are you trying to pretend you didn’t know until the end?”
“Mi, I can’t guess at all with the head of the lowly merchant Naburaengi. Hopefully, if you can awaken this ignorant and oblivious me…”
“Lord Dior, what is the crime of this man?”
Oriane waved her fan and stared at Rome.
‘Oh, but what did I really do wrong?’
In fact, she didn’t know what Marcel’s crime was either. I just covered my face and acted as I was told.
“It is treason, madam.”
Rom responded promptly. Then, after a brief pause, he briefly summarized what the manager of the northern branch of the Lucerne store had done.
“It was this man who helped the vice-count launder money.”
Shocked, Marcel opened his mouth wide.
“U-how!”
Surprised, Oriane asked with her eyes wide open.
“Huh, really?”
And there was silence for a while.
“… ?”
“… !”
It was a pretty long silence.
“Ha…”
Rome touched his forehead.
