C187 The Effect of National Debt

The people in Hua Country have been talking about the thing called national debt issued by their country. In the beginning, it seemed that people were just curious, because in thousands of years, no country's king had ever borrowed money from his citizens. And now, this His Majesty had actually borrowed money from his citizens for the first time in history.

Of course, Feng Xiaoran's reputation in Hua Country was very high now. When the national debt was released, the people in the territory of Hua Country were very happy. They were also very happy that they used their surplus money to buy the national debt. However, those people who had just joined the Hua Country rarely bought it.

The first day passed. That night, when Feng Xiaoran asked the supervisor to report the distribution of the national debt, the supervisor directly reported a number that Feng Xiaoran did not expect. In just the first day, Feng Xiaoran's national debt had already been raised to 365 million gold coins. Of course, this was also because the prosperous business in Hua Country could not be separated. Also, the welfare system of the Hua Country was also in place. After Feng Xiaoran issued the national debt, It reminded him that there was a huge difference between the old people of the Hua Country and those who had just joined the Hua Country.

Feng Xiaoran also knew how big the difference was from the report of the debtor just now. In the original territory of Hua Country, there was a huge difference. The number of people who bought the national debt was 364. 8 million, and those who had just merged into their own country only had a pitiful 200,000. Feng Xiaoran understood that he still had a lot of things to do. First, he had to make those who had just joined his country trust his country. This way, it would be much more convenient for him to do anything in the future.

Of course, Feng Xiaoran also had many things in his mind that surpassed his current era. Now, he knew. Some of them could already be implemented, but some of them couldn't be implemented now. Just like the unification of currencies, the currency used in the entire continent was gold coins. Gold coins were supervised and printed by the Holy Church. Hence, the Holy Church was actually controlling the economic lifeline of the continent. Fortunately, Feng Xiaoran's economy and the countries under the Holy Church were not very big, and they were not that dependent on them. Therefore, Feng Xiaoran was not afraid of the economic sanctions of the famous church. Of course, the old pope of the Holy Church did not know about the economic sanctions. This was a question that Feng Xiaoran thought lightly.

One month after the entire Hua Country issued the national debt, Feng Xiaoran's Finance Minister could be said to be extremely wealthy. This time, he had raised a total of 86. 7 billion gold coins. When the Finance Minister accepted this amount of gold coins, It was obvious that his hands were trembling slightly. After all, he was the first Minister of Finance in the entire continent who could control so much wealth. Actually, this number didn't seem very huge, but you would know how huge it was just by looking at the data. In the past, when the Four Great Empires' annual income was at its peak, The yearly income was five billion gold coins. Of course, their expenditure was also very large. Their huge military salary, as well as the updates of their equipment, as well as the salaries of the officials, and so on and so forth. There was not much left in a year, and those kings who could save 1. 8 billion were secretly happy. And the accumulated wealth, after a few big battles, was gone. So now, the major wars on the continent are not fought by people, but by money. If your country is rich, then I can conscript troops without limit and then fight with you.

The popularity of martial arts in the entire continent is also a very important condition. First of all, those people on the continent do not know a bit of combat power. Then there was magic. The mercenaries and Adventurers were obviously stronger than the ordinary people. And the soldiers that each country recruited in the past were also recruited from the common people. After a series of training, they formed an army at the back, and those ordinary people could be said to be very clear about the structure of the entire continent's army. It could be said that as long as you picked up a weapon and put on armor, you would be a soldier.

Of course, joining the army in Hua Country did not depend on how high your cultivation was. What you need to see here is your talent, and this is also why the Hua Country wants to recruit soldiers as young as possible. And this is also because when you are young, you seem to be very flexible. It doesn't mean that when you are strong, I will recruit you into my army. Of course, because the situation in Hua Country was critical, the current situation was like this. However, Feng Xiaoran had already made a decision in his heart. Of course, this couldn't be carried out yet. It was to unify the currency system and replace the currency in the market with paper money. This plan would only be implemented after the entire continent was unified.

Moreover, the next time the national debt was released, it would be able to achieve such results. Because at the beginning, the people who had just joined did not understand. After that, they had a skeptical attitude, but after the powerful propaganda of Hua Country, Then, the people slowly tested it out a few times and found out that it was all true. In the end, there was a situation of crazy purchases, and sometimes, the bonds of the state bonds. . . Feng Xiaoran was struggling to print these bonds. After a month of hard work, the results were very obvious.

Now he had money, and it was very huge. These Feng Xiaoran began to worry again. He knew that although this money was now his, it was still his. But if he returned it, it would become more than a trillion. Thinking of this, Feng Xiaoran felt slightly depressed, but at least the current situation had been resolved. He gave 4 billion gold coins to the construction department for them to improve the conditions of those countries that had just joined Hua Country. He gave 6 billion gold coins to the medical and health organizations to let the people of the new countries enjoy the same medical insurance as Hua Country. In other words, 12 billion yuan was allocated to those welfare institutions, allowing them to build the elderly and orphans in the newly merged countries. The nursing homes and orphanage, as well as some entertainment facilities. . . Of course, the scale was also built according to the standards of Hua Country.

Feng Xiaoran also secretly allocated 6 billion gold coins to his magic science and technology research institute, to help them improve their salary conditions and to increase some of the things they needed. Of course, the magic science and technology research institute also played a significant role in the distribution of this national debt. Because the memory storage devices that were invented were also invented by them. This device was basically the same as the computers in his previous society. However, this device was not as advanced as it was at that time. Their kinetic energy came from the magic crystal, so Feng Xiaoran named it "magic brain. " It was the printer invented by these scientific maniacs. It was also because they invented the printer and the watermark that he described to them a few times, as well as the symbol of counterfeiting. These people had designed it. Of course, Feng Xiaoran could not help but be exploited by them. For example, the six billion gold coins this time was one of the exploitation items. Of course, Feng Xiaoran, the emperor, enjoyed their exploitation very much. After all, they exploited him every time. They would always give him a bigger surprise. This made Feng Xiaoran feel that he was going to be abused again.

After some messy distribution, Feng Xiaoran's Finance Minister only had twenty-six billion gold coins left. These few days, you can see that the Finance Minister's face is becoming uglier by the day. After all, there are more than 800 billion gold coins left. He could only watch helplessly as it was gone, and now there is less than 30 billion left. Therefore, the Minister of Finance was very strict with his management. Even if Feng Xiaoran didn't have a proper reason, he wouldn't be able to get a single cent from him. This was also because Feng Xiaoran took away six billion gold coins without any reason last time. This was why this Minister of Finance reacted.

At that time, the Finance Minister was immersed in his joy, so he had approved all the funding projects that Feng Xiaoran proposed that day. After a few days, he realized that something was wrong, so he checked his bill. In the end, he found Feng Xiaoran's six billion yuan black hole, so he had a lot of opinions about Feng Xiaoran. Although Feng Xiaoran was the reason, his secret magic and technology research institute couldn't be exposed. After all, there were too many advanced technologies in there, and Feng Xiaoran was prepared to start implementing these technologies after unifying the entire continent three years later. Magic energy cars, the kind that could run with four wheels, were like those in the previous space. This kind of car could be driven by the energy of magic-powered crystals, so Feng Xiaoran named it a magic-powered car.

Of course, under the influence of Feng Xiaoran's thinking, those scientific maniacs also invented the super good thing that crossed worlds. The magic aircraft was also a product of Feng Xiaoran's original technology, but now it was combined with the magic civilization. Therefore, the current magic aircraft was more environmental and had a longer flight distance compared to the planes of that era. And their flying speed was even faster. Of course, Feng Xiaoran also helped these scientific maniacs develop the silk route. Then, the first batch of super energy Magic Crystal technology equipment was born in this space. The Magic Crystal tanks, the Magic Crystal bombers. . . Magic Crystals, Magic Crystals, and other types of Magic Crystals and weapons. Even Feng Xiaoran could not help but secretly swallow his saliva when he saw this. He was also thinking in his heart.