HRE :: Volume #3

#264: Seigniorage


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After twists and turns, on May 12 , 1855, after new Holy Roman Empire established the first currency- new god Holy Roman Empire Gulden official foreign release. 经过了一番波折,1855年5月12日,新神圣罗马帝国建立后的第一款货币-新神神圣罗马帝国莱茵盾正式对外发行。 The Vienna government successful attained the mintage, the reserves of various state governments, was unified to integrate in the Empire Central Bank reserve, but deposits temporarily in each state. 维也纳政府成功的拿到了铸币权,各邦国政府的储备金,也被统一纳入了帝国中央银行储备金中,只不过暂时寄存在各个邦国 It is not Franz does not want to reach one's goal instantly, mainly considered just to dig a meat from various state government bowls, in stimulated their nerves to be very easy to trigger the reaction. 不是弗朗茨不想一步到位,主要是考虑到刚刚从各邦国政府碗里挖到了一块肉,在去刺激他们的神经很容易引起反弹的。 Since everyone wants to keep in the hand to stay behind, the central government sent people to regulate in any case, forbidding anybody to use these reserves on the line. 既然大家想留在手中就留下了,反正中央政府派人监管,禁止任何人动用这些储备金就行了。 Without a doubt, attained the mintage central government to levy various state seigniorages legitimately. Seigniorage as the name suggests: The income of after being the release currency removes cost, yields. 毫无疑问,拿到了铸币权中央政府就可以合法的征收各邦国的铸币税了。铸币税顾名思义:就是发行货币刨除成本之后获得的收益。 Naturally the present is the gold standard time, needs the reserve, the profit of release currency, is impossible to have the later generation credit standard time is so big. 当然现在是金本位时代,还是需要储备金的,发行货币的利润,不可能有后世信用本位时代那么大。 Even so, the seigniorage is also the financial revenue important component, in comparison what tobacco and liquor water rates exploded weakly, is unable with it placing on a par. 即便是如此,铸币税也是财政收入的重要组成部分,相比之下什么烟草、酒水税都弱爆了,根本就无法与之相提并论。 The English want to establish pound- gold system, is to collect the seigniorage of the world essentially. Obviously this needs the acknowledgment of all countries in the world, needing everyone be willing to use pound-settled in the international trade is good. 英国人想要建立“英镑-黄金”体系,本质上就是想要收取全世界的铸币税。显然这需要世界各国的承认,必须要大家愿意在国际贸易中使用英镑结算才行。 Must achieve this point, only then two means that take everyone to coerce by the powerful strength either, either can only through the benefit exchange, making everyone accept the pound as the international settlement currency. 要做到这一点只有两种办法,要么靠强悍的实力把大家压服,要么就只能通过利益交换,让大家接受英镑作为国际结算货币。 So far, the plan of English has not succeeded, the Vienna government uses the gold standard system, it is a pity that new Holy Roman Empire only recognized the gold in the international settlement. 截止到目前为止,英国人的这一计划还没有成功,维也纳政府是采用金本位制度了,遗憾的是新神圣罗马帝国在国际结算中只认黄金。 What the pound is, can eat? 英镑是什么,能吃么? On this issue, the London government and Vienna government have conducted the multiple communications, finally ends without any result. 在这个问题上,伦敦政府和维也纳政府已经进行了多次沟通,最后还是无果而终。 The seigniorage English wants to receive, Franz also wants to receive similarly! The seigniorage of the world, Austria benefits did not have the qualifications to receive, however in sacred Roman economic alliance circle, receives to obtain. 铸币税英国人想收,弗朗茨同样也想收啊!全世界的铸币税,地利还没有资格去收,但是在神圣罗马经济同盟这个圈子里,还是收得到的。 Otherwise, why can the Vienna government run risks to conduct the gold standard to reform? Must know that the monetary reform also needs to consume the cost, but must take certain risk. 不然,维也纳政府为什么要冒着风险进行金本位改革?要知道货币改革也是需要消耗成本的,还要承担一定的风险。 Judging from the present situation, after the currency value reform is completed, the seigniorage income of Vienna government approximately will occupy the GDP 0.5 ~ 2 point. 从目前的情况来看,币值改革完成后,维也纳政府的铸币税收入大约会占GDP的0.5~2个点。 The data disparity is so big, mainly looks at the domestic economic development situation, in an economical more prosperous market the currency of demand are more, this currency tax are more. 数据差距这么大,主要是看国内的经济发展情况,经济越繁荣市场上需求的货币越多,这个货币税就越多。 Naturally this is internal, definitely is outward impossible to have so many. Franz is impossible to request other country not to issue the currency, uses aegis, most also makes everyone in use aegis with the new Holy Roman Empire foreign trade settlement. 当然这是对内的,对外肯定不可能有那么多。弗朗茨也不可能要求别的国家不发行货币,都使用“神盾”,最多也就让大家在同新神圣罗马帝国外贸结算中使用“神盾”。 This is a long-term work, in a short time everyone uses gold and silver to settle accounts, the aegis is only new Holy Roman Empire can use in common. 这是一项长期性的工作,短时间内大家还是使用金银结算,神盾只是新神圣罗马帝国内部可以通用。 To convince everyone to join aegis- gold system, similarly not that easy. Without being able to see the advantage, why do others pay this seigniorage to you? 想要说服大家加入“神盾-黄金”体系,同样不是那么的容易。没有看得见的好处,人家凭什么给你交这笔铸币税? Once the position of international currency determined, then the demand of gold reserve also reduced, everyone depends on the credit of all governments similarly to support the currency value. 一旦国际货币的地位确定,那么黄金储备的需求量也就降低了,大家靠着各国政府的信用同样可以支撑起币值。 At present the currency or gold and silver of most mainstream, this passing hard currency is to use broadly, the remaining pounds, francs and aegis are only the ordinary currencies. 目前最主流的货币还是金银,这种通硬货币才是使用最广的,剩下的英镑、法郎、神盾都只是普通货币。 The English have started to promote the pound , to promote the gold standard reform is most important part, only then everyone's standard is the same, pound- golden system can be established. 英国人已经开始推广英镑了,推动金本位改革就是其中最重要的一环,只有大家的本位都一样,英镑-黄金体系才能够建立起来。 ...... …… First Lord of the Treasury Carl said high-spirited: „The situation that your majesty, the aegis distributes is very smooth, now the gold and silver reserve in hand is sufficient, deals with all fluctuations sufficiently.” 财政大臣卡尔意气风发的说:“陛下,神盾发行的情况很顺利,现在我们手中的金银储备充足,足以应付一切波动。” Benefits from this age various countries gold and silver replacement system, in the international settlement the Austria Libyan government comes out with the silver, everyone will be very happy acceptance. 得益于这个年代各国金银复位制,国际结算中地利政府拿白银出来,大家还是会很高兴的接受。 After if various countries abandon the duplicate/restores monetary standard, then wants from the market to gain the gold to be difficult, even if when the time comes buys the light is still insufficient the gold in circulation. 要是等到各国纷纷抛弃复本位制度后,再想要从市面上获取黄金就难,到时候就算是把流通中的黄金买光也不够。 In the history is because in the market lacks enough gold, conducts all governments that the gold standard reforms to the English compromise, accepts pound- golden system. 历史上就是因为市场上缺少足够的黄金,进行金本位改革的各国政府都不得不向英国人妥协,接受英镑-黄金体系。 Even certain national gold gaps are too big, makes the release currency with the pound directly the standard, the currency value direct and a pound hook, gives the new currency currency value guarantee taking advantage of the prestige of English. 甚至某些国家黄金缺口太大,直接用英镑做发行货币的本位,币值直接和英镑挂钩,借英国人的信誉给新货币的币值担保。 This is everyone generally thinks the peak of English in the British arrange/cloth war later reason. Attained the gold of South Africa, in the international market most of gold fell into English's control, the pound world currency hegemonist status is established truly. 这才是大家普遍认为英国人的巅峰时期是在英布战争之后的原因。拿到了南非的黄金,国际市场上大部分的黄金都落入了英国人的控制中,英镑的世界货币霸权地位才真正确立起来。 Franz nods saying: Do not treat it lightly , to continue to strengthen the monitoring to money market, once discovered that massive capital outflows, immediately activate the contingency plan.” 弗朗茨点了点头说:“不要掉以轻心,继续加强对金融市场的监控,一旦发现有大量资本外流,立即启动应急预案。” Although he does not think that at this time some people will do the matter, but the action of front English has sounded the alarm to Franz, to establish the pound currency hegemonist status, who knows that the English can do one wave again. 尽管他不认为这个时候会有人搞事情,不过前面英国人的举动已经给弗朗茨敲了警钟,为了建立英镑的货币霸权地位,谁知道英国人会不会再来搞一波。 Financial group Carl replied seriously: „ Your majesty, please relax. We have sent people to observe closely entered the domestic foreign capital financial group, once they pull out to the capital, we take action. 财团卡尔严肃的回答道:“陛下,请放心。我们已经派人盯住了进入国内的外资财团,一旦他们抽离资本,我们就采取行动。 Their black materials collected, when the time comes held, enough detained their capital temporarily, situation serious can also deliver the topping cheat them directly. ” 他们的黑料都收集好了,到时候捅出来,足够暂时扣押他们的资本了,情况严重的还可以直接把他们送上绞刑架。” The capitalist of this age, who doesn't have the black history? Even entered Austria to benefit, these foreign capital many restraining one downward is, but capital bloody must have. 这个年代的资本家,谁没有黑历史啊?即便是进入了地利,这些外资多少收敛了一下行为,可是资本的血腥还是少不了的。 Ordinary period, to develop the domestic economy, the people do not lift the officer not to investigate, these issues were put aside, everyone pretends that anything has not seen. 平常时期,为了发展国内的经济,民不举官不究,这些问题被搁置了下来,大家假装什么都没有看到。 Present to critical moment, these common black history, once were held, made them unable to eat to capture sufficiently. 现在到了关键时刻,这些不起眼的黑历史,一旦被捅了出来,也足以令他们吃不了兜着走。 Had the criminal record, the capital turned into the ill-gotten money, can be detains or confiscates according to the legal decision that Austria benefitted finally. 有了犯罪记录,资本就变成赃款,可以根据地利的法律决定最后是扣押还是没收。 So long as in any case has the evidence in the hand, no matter their backgrounds big, the Vienna government is fearless. 反正只要有证据在手,不管他们的来头有多大,维也纳政府都无所畏惧。 The Franz injunction said: „ Continues to stare at them, if they wanted to leave at this time, can first send people to give them to do the ideological work, really did uses the extreme method of not passing again. 弗朗茨嘱咐道:“继续盯着他们,他们如果想要在这个时候离开,可以先派人给他们做思想工作,实在做不通的再采用极端手段。 Pays attention to the evidence in our hand, must have the sufficient persuasive power. Even if must take action, still can only punish one as a warning to others, catches several circumstance serious beginning. 注意我们手中的证据,必须要有足够的说服力。就算是要采取行动,也只能够杀鸡儆猴,逮几个情节严重的动手。 We cannot get angry with all international capital, action time must pay attention to the ways and means that the government cannot be barebacked directly goes forth to battle. ” 我们不能够和所有的国际资本都翻脸,行动的时候也必须要注意方式方法,政府不能够直接赤膊子上阵。” Does not need, Franz does not want to get angry with the international capital, this matter kills the chicken to get the eggs, so long as did, did not have the opportunity to come again for the second time. 没有必要,弗朗茨还是不想和国际资本翻脸的,这种事情是杀鸡取卵,只要干了一回,就没有机会再来第二次了。 In the future issue debentures in international market, wants the attracting foreign capital, is impossible. Even Austria benefits and normal commercial trade, will come under their retaliatory attack. 未来无论是在国际市场上发行债券,还是想要吸引外资,都不可能了。甚至地利与外界的正常商业贸易往来,都会遭到他们报复性的打击。 Industrialization that now Austria benefits, but also needs the external capital to contribute labor and materials, these people have the use value. 现在地利的工业化进程,还需要外来资本添砖添瓦,这些人都是有利用价值的。 If choked to death them all of a sudden, even if in the government hand obtained a big cash, does not have the means to yield the similar result. 如果一下子掐死了他们,就算是政府手中获得了一大笔现金,也没有办法取得同样的成果。 Yes, your majesty!” Carl prudent replied “是,陛下!”卡尔慎重的回答道
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