It Caused an Immediate Uproar!

"So, what do you think the Dragons should use as an anchor if they issue paper currency?" The Magic Goddess truly could not think of an answer, so She asked.

"After analysis, using magic power as an anchor would at least require waiting until industrialization was complete. Moreover, precious metals such as gold, silver, and copper are already becoming insufficient as anchors."

Roger said with a smile, "So, I think the most suitable anchor is debt—the debts people owe the Dragons."

"Debt?" The Magic Goddess was puzzled.

"Yes, debt." Roger spoke with great certainty. "I want to change the right to issue currency from top-down to bottom-up."

"In the past, regardless of what currency was used—shells, grain, cloth, jade, gold, silver, copper, and so on—the core principle was top-down. Those in power minted large quantities of currency and put it into the market. But this approach is gradually becoming unsuitable for the age of Magitech Industrialization."

"Actually, it is not exactly unsuitable. It is simply that the Dragons do not yet have that capability. A single misstep could lead to excessive currency issuance and trigger a series of problems. It would be better to turn it into passive expansion instead, so such problems would not arise."

"They would only need to issue more when necessary, according to my intentions."

Roger paused slightly before continuing, "To make currency increase from the bottom up, we must first stop giving it one or several specific physical anchors."

"Abandon precious metals and everything else, and instead make the total amount of currency correspond to the overall value of tradable assets in the age of Magitech Industrialization."

"Simply put, the changes in the total value of goods produced during industrialization and the changes in currency should remain roughly stable."

"As social value increases and the