Konoha's Kizaru: Pay Up, or the Five Kages Get Wasted!
Chapter 336

Kizaru Awakened, New Inspiration Appears!

2,523 words•8 min read•1 views
3mo ago•

After confirming that the currency design was flawless, Kizaru and the two men moved on to the second, more critical topic: the recall and exchange of the old currency.

Regarding such specialized matters, Kizaru personally lacked the necessary knowledge, so he chose to leave professional work to the professionals.

As for the exchange of old and new currency, Xiangshu and the head of the Merchant Guild had already given it careful consideration. Before coming to meet Kizaru, the two had convened a core meeting within the Merchant Guild, inviting only trusted bankers and economists to attend.

At the meeting, the consensus reached was to recommend a 1:1 exchange rate; after all, the existing monetary system was functioning quite healthily, and there was no need for a sudden adjustment in currency value.

Furthermore, a 1:1 exchange would be more conducive to stabilizing the situation and pacifying the public.

Money is an extremely important thing to everyone! Is there any aspect of food, clothing, housing, or transportation that doesn't require it?

If you suddenly tell everyone that you are going to recall and destroy the money in their hands to replace it with new currency, it is inherently an unsettling prospect for most families.

Under such circumstances, if you were to also change the currency value—implementing a 1:2 or 2:1 ratio—it would trigger national unrest.

The former would make people feel their wealth had diminished, while the latter would lead to the emergence of inflation.

After considering the matter from multiple angles, both Xiangshu and the guild head chose to strongly urge Kizaru to agree to a 1:1 exchange.

"I understand. What you say makes sense, so we shall proceed as you suggest. The matter of currency exchange will be left to your Merchant Guild to execute specifically; I will have someone

End of Chapter
Novel

Explore the wiki