Military Scrip 4

Irene's proposal left Paul speechless for a moment before he gave a helpless laugh.

He waved his hand and said, "In theory, it's completely feasible, but at this stage, it's entirely impractical."

Irene was unconvinced. Pouting, she asked, "Why?"

Paul shrugged and explained, "Didn't I just say so? The amount of money in society and its material wealth have to maintain a dynamic balance. Too much money and too few goods leads to inflation, while too little money and too many goods leads to deflation. I think humans still lack the ability to properly quantify the total wealth of society, so we can't determine how much paper currency should be printed each year. One careless move could destroy the Kingdom Government's credibility."

"Besides, public acceptance is another major problem. If we rashly took a pile of paper and declared it equal in value to real gold and silver, everyone would just think the Kingdom Government was robbing them."

"So for now, we can only test it somewhere with a high degree of obedience, like the military. The scope will be small, and any problems will be easier to control and fix."

"All right!" Irene said somewhat dejectedly. "It seems we can't rush this. I wonder if I'll live to see the day when everyone on the streets uses paper currency."

"Ahem, Paul." Catherine looked at her fiancé, her gaze gentler than it had ever been. "You should bring this idea up with His Majesty the King as soon as possible."--"Taking everything above into consideration, I think this method can genuinely solve the Kingdom Government's shortage of military funds. It's worth trying."

At the Royal Council Meeting convened by King Rodney XVIII, Paul spoke at length, giving a detailed explanation of his idea for military scrip.

After discussing it with the