MTL – 32

When the tailor saw the talent in front of me, he was stunned.

‘Is this real? So, as this child said, is this a new IOU?’

Then Carter, the owner of the banco, asked the tailor.

“Hey, did you come to check this out yourself?”

“Yeah, the kid who works here came out to check it out for himself.”

“This is a new one. No problem, just go back.”

“It’s amazing. It’s a certificate of borrowing directly guaranteed by the lord.”

“No, this man. To be precise, it came out as collateral for the loan written by the lord. It’s written on the IOU right there, so I’ll take a look at it when I have time.”

“How do you even check this? If you exchange them for talents here, it’s all over.”

Seeing his reaction, Carter inquired.

“Governor Lee Wang-ji, since you’ve come like this, are you going to change them into talents?”

The tailor looked alternately at the 1 Gold IOU and 1 talent in front of me.

In fact, it was a paper loan rather than gold coins that were more convenient to carry.

“no. I’ll take this with me. Even if you take the gold coins, won’t you come to pick them up again later? Then storage is expensive. And it is convenient to carry.”

The tailor took the paper IOU of the two forms of money in front of me and went back to my shop.

Rockefeller looked at it and smiled softly, as did Carter.

Carter opened his mouth to Rockefeller.

“Things seem to be going better than expected.”

“People seem to like the Lord’s IOU more than I thought. That’s how it feels.”

“It must be so. The IOU issued here is my guarantee, but this new IOU is guaranteed by the owner of this land.”

“Then I will move again.”

“Are you going out again?”

“If I move a lot, people here won’t be more familiar with the IOU of 1 Gold, right?”

How many times do you repeat that?

“Then what are you going to do with the clothes you bought earlier?”

“It’s the same, huh? I have to go and get my money back.”

Yeah, I’ll go back and get a refund.

After all, Rockefeller’s goal was to get people acquainted with the new IOU of 1 Gold, not gossip.

‘I don’t have the money for that.’

“Then I will go out again. In the meantime, I’ll ask you to go to the store.”

Carter couldn’t stop the laughter that broke out at Rockefeller who had left like that.

‘He’s good at acting. I don’t have that kind of stamina, so I’m getting old.’

I don’t know, but it seemed like luck that brought Rockefeller into this store.

‘It looks like I got some money clothes that I didn’t have.’

The announcement of the 1 Gold IOU went smoothly, and after a few days, some of the market merchants started using 1 Gold instead of 1 IOU.

“This is it. It’s because it’s a certificate of borrowing directly guaranteed by the lord.”

“Oh, I saw it too. You said it was new this time?”

“Did you know that the lord goes to Banco and writes a loan certificate whenever he needs urgent power?”

“Cancer, you don’t know.”

“It looks like they are issuing this as collateral. Even in Banco, the lord believes like a rock, so he exchanged these for talents just like the deeds they issued.”

The two market merchants who met by chance continued their conversation.

“I was thinking about it. I think the Gold IOU related to the Lord is better than the IOU issued by Carter Banco. The one issued by Carter Banco has no way to get the talent back if Banco goes bankrupt, but this new IOU is not like that, is it?”

“I think so too. So, it seems that some of the people I know have already visited Banco and changed their existing IOUs to Gold IOUs.”

“what? Have you done that already?”

“Because it is. lets think. If Banco goes bankrupt, the IOU becomes a piece of paper. Who would like a IOU issued by Carter Banco? Rather, it would be safer to have a loan related to the lord.”

“her… … So are you going to do the same?”

“Of course I would. This is common sense.”

On the market floor, Rockefeller, who was passing by, accidentally overheard the conversation between the two market vendors.

Things were going smoothly than expected.

‘I thought it would take quite a long time for a new IOU to hit the bottom of the market, but it’s a bit surprising.’

The fact that the newly issued IOUs replaced the existing IOUs faster than expected was also proof of the good credit of the permanent lord.

‘I do understand. People would think that the IOU related to the Lord is safer than the one issued by Banco. Actually, it is not.’

1 Gold If you read carefully the words on the IOU, it was clear that the IOU was permanent and not directly related.

It was the ‘deed of borrowing written by the lord’ that guaranteed it, not ‘the lord himself’.

Nevertheless, the reason market merchants skimped on the words without thinking deeply was because they could get gold coins without any problem when they went to Banco with the IOU.

‘It was exactly what I was aiming for. If our side had expressed displeasure or were somewhat reluctant to receive the IOU, people would have thought differently than they do now. He must have thought there must have been a problem with the new IOU.’

The most important thing in deceiving the people with finance was their ignorance, both first and second.

‘If everyone knew this idea, would people move well on the board I made?’

Rockefeller laughed involuntarily.

‘No, that’s never going to happen because people hate being taken advantage of.’

But people were still ignorant.

continue in the future.

‘Therefore, everyone on the floor of this market will move well on the board I made.’

A commoner’s dream to subdue the lord into debt and take possession of the land he abandoned.

The first phase of that dream was quite cruising.

‘If it goes on like this, it wouldn’t be a shame that I didn’t become a nobleman. It’s enough for me to become a noble on my own.’

Let me know what you think!

Published by Tani

24, Taurus

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: