When Qiao Yelan arrived in Trinitylme once again with the Great Yan delegation, the person who came to greet him was no longer Fremont.
Not only was the old lich missing, but even Ivignad was absent from the banquet; instead, a new foreign minister was present.
It wasn't until after the banquet that a team of "Empress's Voice" came to the embassy where the Great Yan delegation was staying to invite Qiao Yelan to meet with Her Majesty Ivignad.
Qiao Yelan didn't show any expression—but the others in the delegation either had an expression of taking it for granted or a mixture of sudden realization and respect.
Clearly, those guys who had been running fieldwork with Qiao Yelan for half a year had already spread a certain nickname that belonged exclusively to Lord Qiao to all the officials of the Court of State Ceremonial.
However, Qiao Yelan was too lazy to correct them. After all, she was about to run away, and stopping them at this point would probably only add fuel to the fire.
Soon, Qiao Yelan met his students.
Ivignad's face was clearly not in good condition; although she wasn't exactly haggard, her fatigue was visibly apparent.
“You look tired, Liselotte.”
"Herlinmat has taken his army to Shitong territory and has not yet returned. I have to handle things on Trintelme alone—not only adjusting the original construction plan, but also guarding against certain active spies, not to mention the upcoming coronation ceremony."
Ivignad's tone was clearly tinged with complaint.
"One thing after another, before one thing is finished, another one comes... And you, teacher, even went to Da Yan and refused to stay and help me."
“This is a sign of trust in you, Ivignad, but a student who has just graduated always has some privileges—so I’m here now to make amends for my mistake.”
Ivignad pouted. She knew exactly what Qiao Yelan meant—after all, compared to the settled Trinity, there were indeed more problems elsewhere that had a higher priority to resolve than those here.
"So... which aspect will you be responsible for, teacher?"
"Let's start by helping you with public opinion, and also with Letania—let's change people's impression of you a little from the fear and madness of the Witch King era."
“You have done it—after the Great Yan made a high-profile announcement that it would participate in this celebration, Kazimierz followed suit and also decided to send a new team to congratulate me.”
Ivignad grasped Qiao Yelan's hand.
"News has also come back from Herlinmat. After hearing about the attitude of the Great Yan, the Grand Dukes of Victoria have lost much of their arrogance. Not only is the border situation easing, but the Electors who are targeting Shitong Territory also seem to have become more hesitant."
"Their united opposition wasn't very strong to begin with, but now there are even internal voices of opposition. It probably won't be long before it completely falls silent—Hildegard said she can make it in time for the start of the celebration."
"Yes—we have to catch up."
Qiao Yelan emphasized.
“This celebration is your best chance, an opportunity to launch Trinitylme onto the world stage—so you must both be present at this celebration.”
"Besides Da Yan, I also brought in a well-known music star and spread the news through the media—we want to take this opportunity to attract enough attention and let them see the changes in Letania so that Trilintelme can truly develop."
Ivignad's expression also turned serious.
"Does the teacher mean... to use this opportunity to label Triinttelme?"
"Yes, in fact, many places still call this place Vidonia. They don't feel that anything has changed here. Whether your and Helinmat's notification can dispel the gloom since the time of the Witch King and maintain a cautious attitude will affect the future development of Trilintelme."
Qiao Yelan was quite serious.
"In the past year, Trilintelme has lost too many people. The disorder caused by the war and the collapse of production have forced a large number of people to flee Trilintelme, including the vast majority of nobles and the wealthy class."
"I have to admit that this is a good thing. It allows you to confiscate a large number of noble mansions and assets in a legitimate way. However, it also cuts off the possibility of their return. Furthermore, Leitania's unique political model makes it difficult for Trilintelme to attract people back from other regions."
"After the major reshuffle, although things have returned to normal here, the lost population cannot be made up for. The replenishment of basic supplies has allowed the common people to escape the plight of hunger, but that's all—Tristelme lacks a population with purchasing power."
Ivignad lowered her head thoughtfully.
“Our current advantage is that we have a large labor force and have also attracted initial investment, and productivity is gradually recovering. However, this productivity cannot be translated into tangible economic benefits at present, which will cause the city’s operation to stagnate.”
“The money in circulation is the lubricant for the operation of a region. The current problem in Trinity is that there is not enough money in circulation, to the point that there have been instances of paying wages in kind. This is very effective when ordinary people face a survival crisis, but once the crisis is over, it will become a crisis for the government.”
"Then we can start printing money again."
Her Majesty the Empress's reply came out without hesitation.
"Unfortunately, if you start printing money now, it will mean a sharp devaluation of the Letaniamark and the collapse of the entire economic system in Trilintelmene, and everything will return to the way it was a year ago."
Qiao Yelan gave a chilling prediction.
Chapter 153 The Flying Man
“How could this be? We have obtained almost all of Herhunzoren’s treasury and treasures. The deposit is definitely sufficient. The reason we haven’t printed money before is because what Trilintelme lacks is supplies. Printing money is meaningless.”
Ivignad exclaimed in surprise that Qiao Yelan's answer completely contradicted what she had learned before.
"Now that supplies are plentiful and non-basic industrial products have begun to circulate, resuming the printing of money should be just the right time to revive Trinity's economic environment."
"Indeed, that's what it says in textbooks."
Qiao Yelan nodded; at least Ivignad's theoretical knowledge was quite perfect.
"But in fact, you may have forgotten the premise of taking such measures. The basis for the measure of printing money to stimulate the economy is that the government still maintains a sufficient level of credibility—not only in the hearts of the people, but also in the international arena."
“I know that since you ascended the throne, you have gradually restored the people’s trust in the government, but in fact, Triinttelme’s international reputation is not as good as that of special independent cities like Siesta and Dosoles.”
This statement made the White Emperor fall into deep thought.
This is the side effect of seizing the throne through assassination—they only have the title of emperor, but not the power.
Leitania's politics were originally dominated by the emperor, but the electors in various regions were highly autonomous and only participated as a whole during wars or trade.
Herhunzoren shattered this political order. With absolute power, he completely dominated the entire country of Letania. From the lowest commoners to the noblest regional electors, they all knelt and trembled under the Witch King's harsh rule.
After the Tower of Origin collapsed, the political landscape shifted from one extreme to another—the emperor now only has control over the capital, and almost all the electors refuse to obey any of the emperor's orders, even in the face of war.
Therefore, there has been a prevailing opinion in international discourse that Letania will soon become the next Victoria, with the various electors having effectively divided the country, only still bound by a name.
This sentiment had been growing stronger until the Shi Tongling incident occurred, at which point it was somewhat contained.
Ivignad was somewhat annoyed. If it weren't for these guys, who caused the Leitaniamark's reputation as a currency to plummet internationally, they wouldn't be facing this situation now.
One day she will definitely find these alarmist guys and hang them on her tower.
Qiao Yelan frowned, feeling a tingling sensation in her nose as if she wanted to sneeze but couldn't.
The behemoth known as the Tower of Babel has come to a point where most witnesses have come to understand one thing—that if something happens, and the interests of someone or some force are harmed as a result, and no specific person or cause can be found to have led to it, you can simply say:
It must have been Qiao Yelan who did it!
Of course, this was done by Qiao Yelan.
The emperor dies suddenly, the country is in turmoil, the nobility is divided, Ursus marches south, and Victoria looks eastward...
Listen to what these words will lead to—a question that is both chilling and incredibly clear in its answer.
Which will fall faster: the body of a Leitanian falling from a high-rise building or the Leitanian mark depreciating in value?
Herhunzoren's power brought a stable rule, and what was even more fatal was that this sorcerer king's reign lasted far longer than any emperor, exceeding one hundred years.
Thus, throughout his long reign, whether consciously or unconsciously, he gradually and effectively transformed Letania into a single nation—which meant many things.
For example, the electors and nobles in various regions, under the oppression of the Witch King, had become accustomed to using the Letanianmark for circulation throughout the country.
This means that if the Leitanian mark falls into an unstoppable devaluation, the entire Leitania will bear the consequences.
Giving the Terra beast-eared girls a little economic crisis shock.jpg
Commoners held very little currency, and similarly, even the powerful nobles with large territories did not hold a large amount of currency; it was merely a portion of their liquid assets.
When a currency falls into endless devaluation, ordinary people will cleverly and quickly squander their money and then return to barter.
The great nobles, on the other hand, would grit their teeth and hold on, relying on their real economy and military power to forcibly overcome the difficulties.
The most tragic group consisted of the merchants and minor nobles who held the largest amounts of currency—the so-called "middle class."
They will be the most helpless victims of the economic scythe of Babel.
As for why Triinttelme seems almost unaffected by the economic crisis...
First, the war masked the outbreak of this crisis, or rather, the crisis brought about by the war included this part, causing most people to be almost unaware of it.
Secondly, Qiao Yelan did not touch Herhunzoren's private treasury or Letania's national treasury, leaving the twin sisters a large amount of gold and treasures, and ensuring sufficient funds were allocated for their security deposit.
Finally, the merchants who had been lured from Kazimierz by Qiao Yelan enthusiastically waved their funds and supplies and entered Trilintelme.
All of Qiao Yelan's tenderness was reserved for Triinttelme; as for the other regions of Letania besides this city...
The Letanians there would be very grateful for the cheap food sent by the Tower of Babel.
Just like those Victorians a few years ago.
This is exactly what Qiao Yelan meant when he said that Ivignad's printing of money would only lead to soaring prices—Babel Tower had just finished shorting Letaniamark and was still enjoying the spoils.
"Then what should we do, teacher?"
"It's very simple. What you need to do is not simply print money, but prepare a new type of banknote, such as the Gold Mark, to distinguish it from the internal currency of Triinttelme and the previous Letania Mark."
Qiao Yelan said with a smile.
“But even if the Goldmark can be implemented, at most the people of Trinitylme can believe us now, but other regions and powers will not recognize it.”
"It's okay, we don't need them to acknowledge it—we'll wait a while longer, then directly link the gold mark to the Lungmen Dollar, and the authorities can stick to the exchange rate."
The man shrugged and said casually.
Just like in the past, in any chaotic region, the most stable currency was the US dollar—it's just that here it's exchanged for Lungmen dollars.
"Taking advantage of this celebration, we will directly announce the issuance of the Goldmark, open currency exchange at the Central Bank, allow visitors from all countries to exchange it, and allow it to circulate within Trilintelme."
"But it's too late. We simply don't have the time or resources to design a new currency."
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