Font
Large
Medium
Small
Night
Prev Index    Favorite NextPage

Chapter 360: The Great Transformation of Heavenly Demons (8K8 Chapter)(1/3)

During these years in hell, Lu En was not idle.

Many reports and information are sent to him every month to judge the situation and situation.

A lot of things happened, including the birth of a large number of low-level professionals in society, the sharp increase in the number of professional guilds, and other scenes that had been planned for a long time began to appear.

But here we have to lament the empire's foresight. It seems that they anticipated this situation from the beginning, and the upper echelons of the empire chose to take the upper-level route as always. In accordance with the requirements of the meeting, they allowed the aristocratic forces to firmly occupy the professional ranks from the beginning.

Even Lu En's efforts over the years have not been able to shake the guild's leadership position, and he cannot interfere at all (see the meeting chapter for details).

Oh, you can't say that. Sid is barely a secret, but she is not under Lu En's control. She has a very high degree of autonomy, and it can even be said that she is not the same type of person as Lu En.

Sid still believes that Lu En must have failed and that the route she took was the right one.

Apart from this, the situation in other places is not bad. The land aristocrats have become a little crazy in the past ten years. They are too greedy and indulgent in money, which has made land annexation more serious. They have even begun to produce serfs in large quantities, forcing many people to

Peasants sold their properties and fled to the city. (Chapter 347)

It can be said that the landed aristocrats were jealous. Faced with the terrifying speed of making money in the Hall of Glory, the landed aristocrats who could only rely on land and farmers to make money gradually became dissatisfied with their position.

Therefore, many years ago, they also began to try to use the land to make money, but what they did were wineries, sugar mills and the like.

This is indeed very profitable, but if they make more money, then the Conservative Party must make more.

Why? Because almost half of the market is in the hands of the Conservative Party. Except for the grain trade, which is controlled by the Agrarian Party, these other by-products have to go through the channels of the Hall of Glory. If not, there will be less money.

Because using other channels or going through Huangshang will increase costs for various reasons.

At the same time, the many new interest groups that have emerged recently have also caused the empire more headaches.

Monster's new political party, professional guild, sea embassy, ​​elf embassy, ​​conservative party, land party, reform party, newly established industrial party, academic party, church, local nobles, reformists, etc., etc., all

coming.

In order to compete with each other for power, various organizations have spitted their spit in the parliament.

The real result of the debate that lasted for several years was not that a certain motion was passed. In fact, none of our motions were passed.

The real result of the parliament was laughter.

Those convulsive movements and disrespectful screams during the discussion, various proposals and counter-proposals, amendments and counter-amendments, supporters and opponents, speeches, rebuttals, sermons, inferences, bitter satires and touching

Oaths, peaceful prayers and belligerent cries, measured and unmeasured, other people's votes and your own.

All of these ended up in a roar of laughter, without achieving the slightest effect.

After a series of verbal exchanges that were both true and false, nothing happened.

But this is exactly what Lu En wants to see. Almost all people with foresight can see the outcome of this great debate, but everyone still instructs the people below to do it because this is forced by reality.

Today's world situation is too chaotic. In almost every city, there are lower-level workers and new vested interests fighting for power. There are not just two cities like Kesto.

The fundamental reason is that the bottom class finally has the ability to resist. In recent years, a large number of low-level professionals, as well as those with extraordinary talents, have jumped over the dragon gate and become level 4 mid-level professionals.

At level 4, what can you do against the imperial nobles?

Nothing is enough.

But think about it carefully, the Dead Snake Gang, the leader of an underground gang in a city, is only level 3.

At this level, plus a bunch of low-level professionals, it is more than enough to be a dog, and it is even capable of colliding with the nobles of some small countries.

Because of this, a series of clashes took place in many cities on the fringes of the empire, or in the kingdoms and principalities, with guards attacking with scabbards and rebels fighting back with stones.

It didn't go as far as going under the knife, but there was indeed a violent conflict.

Behind this, there should be the Reform Party fanning the flames. They are trying their best to use the mass movement. On the one hand, they want to scare the conservative aristocrats, and on the other hand, they use the mass movement as a means to gain reputation.

They feel that these troubled new classes can be used as gunmen, but these new interest groups are also looking for a backer. They are using each other to gain a lot of territory.

The territory here does not refer to geographical division, but to the distribution of interests.

The overt and covert struggle between the Agrarian Party and the Conservative Party, the secret peace talks between the Reform Party and the emerging workers' organizations, the fierce conflict between the academics and the church, the bilateral bets made by the new monster party, the sea people and the elves have been plotting for a long time, and there are many legendary heroes in private

Adding fuel to the flames in the darkness, many nobles stormed the parliament, and the parliament shouted loudly at the merchants. The merchants hated the workers, and the workers were dissatisfied with everything above them. Having upgraded their professional level, they urgently needed better treatment.

and life.

All of this eventually turned into a war of words and even secret murder between the parties.

Such a melee between many forces is exactly the current situation of the empire.

In the final analysis, it is the birth of a new class that wants to take a bite of the already divided cake.

When the workers began to wage a struggle against this tyranny, the products of the united organization of labor, the workers themselves, entered into this struggle and demanded their share in the fruits of their labour.

Vested interests are aroused by this emerging alliance. Not only do they want to share the fruits, but all parties want to carve up the interests of others.

All this is not only reflected in politics, but also in the economy.

Because the emerging labor organizations captured a considerable part of the interests in the bottom cities, fewer interests were absorbed into the upper echelons.

This is inevitable because there are only so many benefits.

And because of the historical habits of emerging worker organizations, they believe more in metal currency than other industries. They are more willing to get a heavy bag of gold coins than a piece of paper or a land deed.

This leads to scarcity of currency.

However, there is no way to increase currency, because the empire still uses metal currency, and it is impossible to print a large amount of paper to survive such a crisis. If you want to solve the currency scarcity crisis of the aristocratic class and at the same time meet the currency needs of the lower-level organizations in emerging cities,

It was necessary to mint the emperor's gold and silver coins in large quantities.

Therefore, Lu En saw from a recent report that the empire's metal reserves had dropped to a very low level, and had decreased by 25% of normal reserves in the last five years alone.

If the reduction continues like this, it won't be long before the metal reserves will be exhausted, and correspondingly, cash payments will also stop.

In order to prevent this extremely dangerous phenomenon, the empire took two measures. On the one hand, they blocked the export of metal currency through many means. During foreign trade, they paid for it through other means, such as paying the same price for wood or grain.

, instead of using metal currency to pay.

On the other hand, the mint department decided to make a huge sacrifice and signed a contract with the elves to purchase 50,000 tons of gold, increasing its metal reserves by 30%.

In other words, in order to supplement its own gold shortage, the empire widened the difference between the buying price and selling price of gold.

Because of this contract, the imperial capital was generally worried that the mint department would retighten the screws and increase its discount rate in order to prevent its gold from flowing to foreign countries.

Therefore, in order to be prepared, quite a few nobles have stopped issuing loans collateralized by any national securities, except for treasury promissory notes. In other words, they are not willing to lend money for circulation, but prefer to put their currency into circulation.

Stock up.

The phenomenon of collecting metal coins is accelerating as the crisis intensifies.

The nobles stopped releasing money to the outside world. What was the result?

Businessmen have become anxious. In recent years, the emergence of a large number of low-level professionals has greatly improved factory efficiency and production speed!

Because of the emergence of a large number of professionals, more large-scale industrial assembly lines were established than in any previous period of the empire.

According to the original thinking, wealthy businessmen hoped to use debt to continue their projects and pay dividends and workers' salaries, but now, they can't get so many gold coins.

Therefore, wealthy businessmen use their connections and are willing to take the most risky measures to make up for their lack of financial resources, because once the capital chain is broken, the entire chamber of commerce will collapse.

Because of this benefit, many nobles chose to release part of the currency to calm the market. However, the value of the released currency was speculated to be very high, which prompted other nobles to hold the metal currency in their hands and have the idea of ​​​​living in rare items.

, hidden deeper.

All in all, this comprehensive change in the circulation of precious metals has reached the point where it takes different forms every month. The currency prices on the market have shown sharp and increasingly strong fluctuations. The exchange rates of various currencies have fluctuated due to the fluctuations in the price of the Emperor's gold coins.

Fluctuations, the entire exchange rate exchange market is a mess, and exchange rates are changing every minute.

The status quo is not getting any better, in fact it is getting worse, and, sadly, there is no long-term improvement in sight.

The empire has certainly seen this happening, so the emergency measures taken to prevent or at least delay the cessation of cash payments have begun to have a strong impact on the merchant class.

There is currently a real struggle going on in the business and industrial circles, between some speculative joint-stock chambers of commerce and newly planned speculative joint-stock companies. They are all vying to seize the hot money, hot money, and cash circulating in the empire!

The inevitable result of this struggle is that even if there is no outflow of gold and silver, interest rates in all aspects will increase, profits in various industrial sectors will decrease, and various securities will depreciate.

If all this continues to develop, then it may be difficult to avoid the collapse of a large number of businesses and industries. This collapse will cause serious political events and will have a serious impact on the stability of credit and business in almost all regions.

As a result, the large chambers of commerce that were in financial difficulties asked the imperial officials to allow them to raise urgent funds through the issuance of new stocks and bonds.

However, the empire knew that doing so would only further devalue the old securities on the market and make the exchange rate and transactions more confusing, so it was impossible to make concessions here.

But on the other hand, money must be obtained, and for the big chamber of commerce, stopping this expansion project will not only mean bankruptcy, but also mean that the emerging workers' organizations under him that are not very obedient will rebel.

They will hit the headquarters of the chamber of commerce, and may even turn against customers!

The imperial bureaucracy mediates among them and uses subtle means to maintain the balance between the two classes, so that the contradiction will not completely break out and one side will lose its vitality.

The imperial nobles who can really curb this phenomenon, or even completely kill it, view the general tension in the financial market with a strange indifference, and they even completely ignore the difficulties of the existing large chambers of commerce.

Lu En could understand this situation just by looking at it. Putting aside all foreign influences, this pressure on the empire's hot capital will definitely increase day by day.

And he dared to bet that there was definitely a group of sea tribes and elves meddling behind the scenes, which was why the empire was unable to end this currency crisis for a long time. There must be many political games behind the phenomenon.

And all of this, in fact, seems to bring about very complex social problems, but in essence it is very simple.

Why do these things happen?

Because there is an additional class that wants to divide the interests, namely: emerging urban workers’ organizations.

This was Lu En's plan, this was Lu En's layout decades ago. As early as that time, he had already seen this scene today.

There must be knowledgeable people in the empire who can see it, but they will not stop it, and they may even be happy to see it like this.
To be continued...
Prev Index    Favorite NextPage