Infinite Reincarnation – Arthur Hurt - Chapter 109



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Infinite Reincarnation – Arthur Hurt Chapter 109

22-Academy

However, Arthur did not want to blame Haltz Boot for not teaching Lel his subject.

Originally, children had to be motivated by praise to improve their learning efficiency. If they had emotional aversion to learning, the efficiency would inevitably decrease.

Instead, he changed the subject.

“Is it important for you to be smart?”

“then?”

“It’s important to do well on the test.”

Rel replied grumpily.

“When did Mr. Samuel need a smart person?”

“I was just saying that to ease your burden.”

“You’re talking nonsense again. Argh!”

When Rel started to use his brother’s characteristic nonsense, he complained and then gave him a beating.

Arthur said, feeding his younger brother a chestnut.

“Are you feeling more relaxed now?”

“… … Thank you very much.”

Rel thought for a moment and nodded. Arthur’s way of speaking had caused his mind to wander, but after he was done, his head felt refreshed. However, Rel could not acknowledge the effect of the chestnut that had made him come to his senses. He could not give his brother an excuse to justify hitting him with the chestnut.

Arthur said.

“You can’t figure out whether you’re smart or not by thinking about it. You’ll have to look at the test results. In other words, you’re currently at the level of Schrödinger’s intelligence.”

“What’s the situation? Schrödinger?”

“Just understand it as an undetermined state where the smart and dumb states overlap.”

“So take the test and decide between the two?”

“Now it makes sense.”

Arthur nodded, and Rell thought to herself, What is Schrödinger? Do you think the other person will understand when you use words that you have never heard of or heard of? No, my brother is not the type of person to speak with consideration for the other person’s understanding. At least to Rell, that was the case.

How could his wife and the people around him not know about his crazy side?

Rel felt it was unfair that only he knew about his brother’s quirky side. If possible, he wanted to publish it in the newsletter so that everyone living in St. Scal would know about it.

But for the boy, the adversity that was right in front of him came before his own ambitions.

“Then go, Dongsaengmon. To get your tuition waived.”

“What is Dongsaengmon?”

“A combat slave who follows orders well and is called a younger brother.”

“Wow. That’s great. That’s great. Then I’ll be off.”

Rel replied in a soulless voice, letting the incomprehensible words his brother spat out one ear and headed towards the reception area where the boys were gathered.

As for the grasshopper powder, why did I think that kind of behavior was cool when I was young? It was really a dark history that I didn’t want to remember.

“Okay. I’ll be waiting at the teahouse we went to last time.”

“huh.”

Arthur turned around to see his brother entering the main gate of the Academy.

Arthur, who was reading a book while drinking tea and snacks at a tea house, later saw his younger brother return with a bright face. It seemed that he had done well on the test.

And about two weeks later, Rel’s test results came out. Rel not only passed the academy, but was also selected as a top student.

“Come on!”

Rel celebrated with an uppercut, and Viana and Amelia congratulated the excited boy.

Arthur also held his own congratulatory event.

“Today is eating out.”

“Yay!”

The remaining three laughed quietly at the sight of Rel’s quivering expression.

After the four of them got ready to go out, they got into a carriage and headed to the restaurant.

“Hey! You dirty kids! Where the hell are you begging in front of someone else’s business?! Are you determined to ruin the business?!”

There was a small commotion when the carriage pulled up in front of the restaurant where Samuel had made a reservation, but it quickly died down.

The employees who had chased away the beggars wielding clubs quickly put away the clubs they were holding as soon as Arthur got out of the carriage and greeted Arthur’s family with kind smiles.

“welcome!”

At their appearance, the three people except Arthur smiled awkwardly.

How can a person change like this in an instant? They didn’t look like the people who had been distorting their faces just a moment ago.

But their reluctance quickly disappeared the moment they were guided inside by the staff.

“Hey, honey. Isn’t this place too expensive?”

Viana was so flustered that she had difficulty taking steps. The interior of the fancy restaurant was something she had never experienced before.

Arthur took another step forward, wrapping his arm carefully around her shoulder.

“Well, you are quite frugal. But this is a place where even commoners can come and go.”

Even in Tsuraz, there were expensive restaurants that provided a place for wealthy commoners to entertain nobles. The capital city must have had such places, and this restaurant that Samuel had made a reservation for was one of them.

Of course, commoners could also enter, but there were restrictions on the dress code. Of course, Arthur’s family was able to enter because they were wearing perfect bourgeois clothes to show that they were from the wealthy class. The fact that the employee who had been beating a beggar with a club completely changed his attitude in front of them was also thanks to their clothes.

Clothes were a sign of class.

While everyone was sitting down and waiting to order, conversations were going on. Most of them were saying things like, “It’s expensive here,” “My husband is good,” “Amelia, eat without any worries,” and “Congratulations to Rel.”

In Rel’s case, he brought up a different story, perhaps to show that he was studying.

“It seems like grocery prices have gone up a lot these days.”

“yes.”

“They say that when food prices go up, other things go up too… … .”

“I’m worried.”

“Uh… … I think something like this happened once… … .”

Rel frowned as he recalled the lesson he had learned from Professor Haltz Boot, and Arthur also thought back to the part he had absentmindedly overlooked when his brother brought up the topic.

Prices are rising. The Kingdom of Skara was able to somewhat mitigate the impact of inflation because it used real money in the form of gold and silver.

It’s simple. Inflation happens, the value of the metal that makes up real money also increases, if the real value of the metal increases more than the face value of the coin, the coin disappears from the market, and the coin naturally preserves its value as the number of coins decreases.

Naturally, the market seemed to find stability as if an invisible hand was at work, but that was assuming that humans were rational and conscientious beings who knew how to restrain their greed, while in reality, there was a high possibility that coins full of impurities would be created in order to suck up the value of the rising metal.

Bad money drives out good money.

Rather than curbing inflation, the value of the currency was more likely to fall.

To prevent that from happening, we need to crack down on it with strong public power. The question is not whether the royal family has that level of economic common sense, but whether they have the ability to crack down on it strictly.

The absolute monarchy was shaken by the insignificant results of the war, and the political world was divided into the royalist faction, the aristocratic faction, and the neutral faction.

The national treasury was in ruins, and the royal authority was shaken… …. This was a situation where the royal family could have stepped in and spread bad money. The authority would be saved only if the national treasury was fixed first.

How much music box exports would fill the national treasury was a major variable in Arthur’s scenario. Since national finances were a state secret, Arthur had no way of knowing, and honestly, he doubted whether the country was properly aware of its finances.

When you can’t trust the government, you have to fend for yourself. Arthur’s mind was inclined to prepare for danger.

at that time.

“Woof!”

Viana covered her mouth and retched.

Arthur was surprised, and so were Amelia and Lell.

I was pregnant.

* * *

“Congratulations! You’re finally becoming a father!”

I was two months pregnant.

Arthur expressed his gratitude for Zarran’s congratulations and asked for a favor.

“Thank you, but I think I need to hire someone to help my wife.”

Since there were no relatives far away to help his wife, who was starting to feel weak, he needed to hire someone. Of course, he couldn’t just hire anyone.

“I’ll look into it.”

“thank you.”

She was also the one who prepared the maid to serve Mrs. Zeltney. She was also able to find a sufficient number of helpers to help the pregnant woman.

But that wasn’t the only reason Arthur came looking for him.

“The fluctuations in the value of currency… … .”

At Arthur’s words, Jarani muttered with a serious face.

“Someone could be circulating adulterated gold and silver coins. And it’s not entirely impossible that that person could be a royal family member.”

“I guess I’ll have to use promissory notes as much as possible.”

“I suggest using a gold certificate.”

“Gold certificate?”

Arthur explained about the issuance of private currency.

The idea was to use the gold certificates as currency by utilizing the credit of the private sector. It wasn’t hard for Zaran to understand. The merchants belonging to the Mato Trading Company were using the Mato Trading Company’s bills well. The gold certificates proposed by Arthur could be seen as a kind of bill of exchange secured by gold.

However, Arthur explained that it was more convenient than a regular bill.

“It is similar to a bill of exchange, but it can be said to be a bill of exchange with a pre-determined face value.”

If you try writing a promissory note, you will see that it is a rather troublesome thing because you have to sign it and write the date. Above all, it is not suitable for accumulating assets.

“So why are you telling that story?”

“When the value of money fluctuates, these gold certificates become a viable commodity, especially when impure gold or silver coins start to circulate in the market.”

“It’ll sell well.”

Jaran nodded, but Arthur licked his lips. Even though he was Jaran, he didn’t seem to understand what it meant for the value of fiat currency to catch up with that of real currency.

Arthur first mentioned the dangers.

“But it is a risky business.”

“It’s dangerous?”

“What happens if Mato Trading Company issues more gold certificates than it has in its custody?”

“aha!”

A gold certificate was like a kind of bill of exchange. And the key to operating a bill of exchange was to disperse the timing of settlement. No company could avoid default if it settled the bills it issued at the same time on the same day.

“I see. I guess we won’t be able to issue that many.”

“And it is necessarily associated with power.”

“power?”

“Yes. The world is ruled by budgets, and money is the foundation of budget composition.”

“Currency? But this is a gold vault, ah!”

Jaran exclaimed in admiration. Arthur mentioned the fluctuation of the value of currency as a premise when he mentioned the gold certificate.

What is money? It is a kind of promise that can be exchanged for goods in the market. Therefore, money has exchange value.

But what if there is a risk that the currency’s value will fall to an unreasonable level?

Money had to be driven out of the market, because the value of money only exists when everyone believes they can buy what they want in the market with that money.

And when the gold certificates appeared? People would use them as currency instead of money because they had stable value. And no one in power would be happy to see that happen.

Your mouth will water. The finances are being copied? There is no way that a politician can ignore this.

“This is… … .”

When Jaran realized what Arthur had said, he broke out in a cold sweat.

This was too risky a business. I wasn’t sure if the entire Mato Trading Company could handle it. Even if the business succeeded, there was a problem. The royal family and nobles would be drooling.

“You… …what on earth have you come up with?”

Arthur responded calmly.