The Metaverse World
Banknote Making Plan
After finishing everything, Heru Cokro finally opened the interface for the region and filed an upgrade.
“System notice: Check if Java Dwipa meets the upgrade requirements..”
“Terms 1: The population reaches the upper limit of 100 thousand, the requirements are met!”
“Terms 2: All the basic structure is built, requirements are met!”
“Terms 3: Nobility is at least Camat III, requirements are met!”
“Terms 4: Politics, economy, culture, and military all not less than 65 points, requirements fulfilled!”
“Terms 5: The affiliate area has at least reached the hamlet, the requirements are met!”
Compared to the advanced village level, the requirement of upgrading to an advanced subdistrict had requirements related to the three affiliate regions. It was as if it reminded the rulers that at the advanced subdistrict level, one should not neglect the construction of affiliate territories.
"System notification: Congratulations to Jendra players for meeting all the requirements, will you sign up to upgrade?"
"Register!"
“System notice: Congratulations to Jendra players for successfully signing up, assigning upgrade missions.”
“Mission 1 [Recruitment]: Requires at least one historic person willing to work for your region.”
"Mission 2 [Organization moves]: At least one NPC trade union is willing to move to the region and help the economy."
“Mission 3 [Cultural festival]: Organizing cultural festivals with certain influences.
"Mission 4 [Empire union trials]: A group of soldiers must go through an experiment to prove its strength."
“System notice: Of the four missions, one mission must be completed to upgrade. The more missions completed, the bigger the reward.”
Of the 4 upgrade searches, all consider all aspects of the region.
This is enough to show the difference between an advanced village and an advanced subdistrict, to build a solid foundation, when a region becomes a district.
As the system mentions, each current king of the upgrade will face a different set of missions. Overall, their difficulty would be on the same level.
The quest for improvement has no time limit or penalty for failure. If one could not resolve it, then their territory would not be able to be increased, and one could not reapply.
This is the greatest offense and punishment!
The next day, Heru Cokro gathered Kawis Guwa, Siti Fatimah, and Raden Partajumena to divide the improvement mission. Kawis Guwa is in charge of leading the Administration Bureau to prepare for the cultural festival. Fatimah will be in charge of contacting the Maimun Trade Union and discussing about those who create a branch in Java Dwipa. Raden Partajumena will become a Grand General and will be in charge of the trial of the army group.
What is most uncertain is the recruitment mission. Heru Cokro can only inform the various offices in the system capital and ask them to search and recruit.
After that discussion, everyone stood up and left.
Before Fatimah left, she looked at Heru Cokro with a strange expression. "Sister, why do I feel like your entire temperament is changing?"
"Thank you?"
“Yes, you have more prestige. When I first saw you, I was surprised.”
Heru Cokro nodded, knowing that the Dragon and Giant Pendant was functioning. The two pendants are starting to look.
Last night, as he was cultivating, he could feel that under the stimulation of the pendant, the prana in his body had increased. In just a few days he was able to break through to the 5th layer. Based on what was recorded, if one were to break through to 6th, he would get lucky.
After Fatimah left, Heru Cokro began to deal with the accumulated administrative issues.
Manguri Rajaswa had already arranged the letters based on priority and placed them on his desk.
The first letter he took from Maspion Village Chief, Jaka Sembung. In the letter, he mentioned that the relationship with the mountain tribe was going well. When the new year comes, more of them will come down.
In addition, Jaka Sembung mentions that mountain barbarians in the north are different.
Jaka Sembung suspected there was a big change deep within the mountains. He arranged for the spies to enter to investigate. Since this was a big deal, he reported it to Heru Cokro for him to solve.
Heru Cokro frowned. The mountain barbarian tribe was an important warrior, so there was no room to make mistakes. He ordered the Military Intelligence Division to investigate and instructed Witana Sideng Rana to help lower the concerns of the mountain barbarians, Heru Cokro continued.
To use it in the game, one must meet two requirements.
First, one needed the facility to produce and print money. The region should at least have a paper workshop and a printing workshop. The paper can also be purchased from the outside, but the printing must be done by the region. In addition, a professional should do it, design and ensure anti-counterfeiting.
Second, one needs to set up a credit system. If the paper record is not recognized, it is just a useless piece of paper without any value.
And to create this system of banknotes, a perfect backup system is required. With Jawa Dwipa as an example, if one wants to use paper money, the best option is Bank Nusantara. So, every 100 gold coins correlates to 100 gold coins stored in the bank.
Zimbabwe experienced inflation of up to 11.250 million percent and even touched 231 million percent in 2008, because it produces paper money en masse but does not have the appropriate underlying assets, this makes the paper money lose its value and become useless.
If you read the history, the Decree of President Nixon on August 15, 1976, mentioned that the USD is no longer guaranteed with gold, and remains the international currency for foreign reserves of countries in the world. At this point, there is a new system called floating exchange rate.
As for the plan, it was not because Heru Cokro had no plan. It's just that he wants to do it in the final stages of the game and now it's too early.
If it was the advice of others, Heru Cokro would naturally ignore it. But Sabil Fatah is different. He is a professional talent in finance and very cautious. Since he made such a decision, this meant that he thought about the reason.
Heru Cokro gathered his thoughts and raised his head. "The roast!"
"Yes!" Manguri Rajaswa.
"Contact the treasurer of Bank Nusantara, Sabil Fatah." Heru Cokro paused for a moment. “And Siti Fatimah, to discuss something!”
"Your Majesty!"
Fatimah was right next to Heru Cokro so she quickly grabbed, "Sister, are you looking for me?"
"Do you know about Bank Nusantara and banknotes?"
“Yes, Treasurer Sabil raised this matter with me.”
"What do you think?"
Fatimah frowned. “When he reported to me, I thought paper money and silver tickets were the same thing. He explained that it was a completely different concept. Actually, for new things like that, I don't know much, but it seems fine.”
Heru Cokro nodded. Although Fatimah increased her knowledge of modern finance, if it was related to money and goods, she was still lacking.
Sabil Fatah sent the letter to Heru Cokro. Maybe that's what Fatimah asked him to do.
As the two of them were discussing, Sabil Fatah rushed in. When he saw the letter in Heru Cokro's hands, he roughly knew what was going on.
“Uncle Sabil, in principle, I agree with the banknote, but for the time, can we think back?” When Heru Cokro discussed the matter, he always got straight to the point.
“I think to use paper money, this is the best time.”
"Oh? Please describe.” Heru Cokro did not expect him to be so sure and that made him very interested.
“There are four reasons. First, as the economy begins to develop, trading volume increases, and one must carry large amounts of gold, making it difficult to carry and very troublesome.”
Heru Cokro nodded. The NPC had no storage bag, 1 gold coin weighed 20 grams, so 1000 gold was 20 kilograms, it required a professional to carry it. Therefore, to solve this problem, people in the past decided to use paper money.
“Secondly, as the affiliate area increases to the advanced village level, the inter-regional trade will be successful. For example, seafood and salt from Pantura would go from the Kebonagung river to be sold in the Petrochemical Village. The trees from Wilmar Village will be sold in Pantura. All this prompted the birth of paper money.”
The words of Sabil Fatah made Heru Cokro speechless. The information he revealed was enough to raise his vigilance. The trade in the region was something he did not notice as a king. It seems like the recent military action has taken up a lot of his time and energy. If it had been before, such a situation would definitely not have happened.
Luckily for Raden Partajumena, the general was able to free Heru Cokro from military affairs.
“Third, Bank Nusantara has a lot of gold, which is enough to print banknotes.”
During the first 10 days of October, Heru Cokro injected 40 thousand gold into the main branch which made Sabil Fatah confident to suggest this.
“Fourth, it took a long time to prepare. Naturally, it is better if we start that plan early.” Sabil Fatah lists four main reasons.
Heru Cokro nodded, and was completely convinced. “The words of Uncle Sabil have opened my eyes. Because so, let's do it! Describe your specific plan.”
After obtaining the approval of Heru Cokro, Sabil Fatah began to explain his plan.