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Chapter 1620 One pit is deeper than another

Whether Portugal is miserable or Spain makes money. However, one thing is certain - the large amount of African gold flowing into Europe can greatly alleviate the problem of gold shortage.
At present, Marin has strongly supported the expansion of production of the Tyrol silver mine and the Saxony silver mine. At the same time, it also allowed tens of thousands of Hungarian prisoners of war to develop the Goslar silver mine. It can be foreseen that the production of silver in Europe will definitely soar in the future. At that time, if silver output soars and gold output remains the same, then it is almost inevitable that there will be large fluctuations in the price ratio of gold and silver.
At present, the gold-silver price comparison is about 1 to 12. If silver production increases significantly and gold remains the same, the silver price will inevitably fall. Historically, from the 16th century, the gold-silver comparison fell to 1 to 15, and continued until the 1870s.
Then, the United States discovered the Nevada Super Silver Mine, which produced silver worth $645,000 that year (at that time, the United States implemented a gold-silver replica system, 1 USD = 24 grams of silver). Two years later, the annual silver output increased by 25 times, reaching a terrifying $16.125 million, which is equivalent to 387 tons, equivalent to 387,000 kilograms, which is 2.76 times the total annual output of the Tyrol Silver Mine and Saxony Silver Mine during its peak period. In addition to the Nevada Super Silver Mine, the United States also discovered many new silver mines in the western region at that time.
This directly led to the plummeting silver price in the 1870s and 1880s, and the gold-silver price ratio fell from a stable 1 to 15 to around 1 to 20.
Then, the plummeting silver price led to the collapse of the US gold and silver replication system. At the same time, in the next 20 years, developed countries in Europe and the United States abandoned the gold and silver replication system, chose to learn from the UK and develop the gold standard. They used gold as their local currency and issued paper money. Subsequently, only the Qing Dynasty and India were still using silver as currency in the world, while European and American countries entered the era of banknotes.
Before, Marin had actually been worried that silver prices had fallen due to the outbreak of silver production in the Tyrol Silver Mine, Saxony Silver Mine and Goslar Silver Mine. But now, with the inflow of African gold, the silver price has been maintained to a certain extent.
As for the rise in prices due to the increase in gold and silver, it is impossible at present. Because Europe is already seriously lacking in gold and silver. These gold and silver just fill the huge gap before and will not cause a significant increase in prices.
Because Europe spends millions of gold coins worth of gold and silver to buy oriental products such as spices, silks, etc. Even the silver produced by the Goslar silver mineral in Marin has to be traded for the Ming Dynasty. Therefore, there will be no hoarding of gold and silver in Europe, so prices will naturally be difficult to rise.
But this is also limited. As in history, the large amount of silver output in Mexico and Peru, coupled with the large-scale development of Ishimi Silver Mountain in the Warring States Period in Japan, led to a serious oversupply of gold and silver production, which led to a crisis of soaring prices.
In fact, if the Ming Dynasty had not digested so much silver for Europe, God knew what European prices would have risen. The more gold and silver, the better. Only by using it and buying the goods they need can it have its own value. Otherwise, it would be just a metal bump.
Therefore, Marin deliberately suppressed the development of gold and silver in the Americas to avoid excessive gold and silver output exceeding the value of the total social commodity. Once this happens, the economic crisis will come.
As for whether Japanese silver will cause prices to rise, Marin never worried. Because the market of the Ming Empire is too large, and that little silver is not enough for the Ming Empire to absorb and digest. The Ming Dynasty was a superpower with a population of over 100 million, and its grain output was far higher than that of Europe. Japan's little silver output could not make any waves in the face of the huge Ming Dynasty market. Unless large silver mines such as the Potosi Silver Mine and the Japanese silver mines develop explosive output together, it is possible to cause huge fluctuations in the world's prices.
...
To be honest, when Marin was a dunk in his previous life, he never thought that one day he would worry about excessive gold and silver production.
For ordinary people, this is a very nonsense idea. But as a state manager, you have to consider it. Otherwise, whether it is a shortage of gold and silver or an excessive amount of gold and silver, it will cause national economic turmoil.
In modern times, the consequences of the economic crisis are that many people are unemployed, but few people starve to death. Because the state will intervene. But in this era, once an economic crisis occurs, the feudal monarchs cannot control it at all. At that time, hungry people are everywhere are just normal operations. Many immigrants in the Americas have to go to America to make a living because of economic crisis and famine in Europe. Otherwise, if you live well, who is willing to leave your hometown?
...
In order to maintain the stability of the price ratio of gold and silver in Europe, Marin even sent troops to help Portugal and seize Timbuktu when the time was right...
Why? Only by obtaining Timbuktu will a large amount of gold flow into Europe. When European silver production exploded, only by introducing a large amount of gold can we maintain the stability of the gold-silver price ratio and maintain the stability of the market.
Moreover, Marin would never do it in vain. Because he had already planned to use the opportunity to send troops to help Portugal seize Timbuktu and demand colonial rights in South Africa as a reward...
This is a very obscene and unethical requirement. The Portuguese probably didn't know that on the inland plateau of South Africa, there are reserves of up to tens of thousands of tons of gold...
The gold that Timbuktu can get is not worthy of carrying shoes to the Land area of ​​South Africa...
Of course, Marin would not develop South African gold immediately, but would deliberately stock up. He even did not plan to develop South African gold while he was alive. Because if South African gold was really developed, the gold price would probably fall badly.
After all, this is an era where gold and silver can be used directly as currency. If there is too much gold, the price of gold will definitely fall to death.
This chapter is not finished yet, please click on the next page to continue reading the exciting content later! How much gold is there in Rand, South Africa? That is more than 50,000 tons! The gold coins that are cast into 3.56 grams are more than 14 billion gold coins. The problem is, are there so many commodities in the world now? Even if some gold is developed, the world market cannot accept it.
Only in the 20th century when gold mines were developed, the world's productivity was greatly improved, so that South Africa's gold did not impact the world economy. Because the world economy in the 20th century was too large.
However, in the 16th century, this gold mine could not be developed. Because the world economy, which was still small at this time, could not withstand the impact of so much gold.
Therefore, Marin plans to temporarily seal South African gold and take the land down first. Otherwise, if the Spaniards crossed the Limpopo River to explore gold mines southward, it would be bad. Zimbabwe and South Africa are separated by a Limpopo River. If Spain occupied the entire territory of Zimbabwe, it would be easy to cross the Limpopo River to go south. Therefore, Marin must seize the South African region before the Spaniards head south, and station troops on the south bank of the Limpopo River to prevent the Spaniards from moving south...
Then, every generation of the Hoffman family heads would learn about the existence of South Africa's gold mines. Only when the social productivity develops to a certain level and the Beihai Kingdom is still strong at that time can this gold mine be developed. Otherwise, it will either be social and economic turmoil or destroyed like the Transvaal Republic...
"A man is innocent, but he is guilty of possessing a treasure!" Marin wrote eight vigorous Chinese characters, sent someone to frame them, hang them in his study, and asked Caesar to study frequently...
Caesar looked confused. He was still a child, so how could he understand any profound truth? Moreover, Marin did not tell him about the South African gold mine...
After understanding this, Marin blushed a little. However, in order to maintain his image as a strict father, he pretended not to know anything and continued to let Caesar comprehend the 8 inexplicable Chinese characters.
Of course, he was not so perverted that he strictly required Caesar to stare at the eight words, but instead put a lot of novels in the study, deliberately putting them there to pass the time for Caesar...
...
In short, the pit king Malin dug more than one pit for the Portuguese, but pits are connected to pits, one pit is deeper than the other!
Chapter completed!
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