Episode 33 10. Faith creates wealth (1)
Carter, who was refining gold coins according to the standards set by the Empire, stopped what he was doing for a while and went to see Rockefeller and talked to him.
I thought I should finish the story I had told you before.
“Rockefeller, did you know what you said last time?”
While there were no customers visiting, Carter came to talk to him in a quiet moment, and Rockefeller naturally gave him his gaze.
“What are you talking about?”
“That’s the story we talked about back then. That’s the story of lending money you don’t have.”
“Ah, what about that?”
Before Rockefeller worked as an assistant, Carter was making a profit by lending only his gold coins to others.
Then, after Rockefeller came, he secretly lent gold coins to guests he had never touched before, and then he had an offer from Rockefeller about making and lending gold coins that did not exist at all.
If Rockefeller had been the owner of the store, Carter’s approval would not have been necessary, but for now he was merely an assistant.
Nothing could be done without Carter’s permission, so Rockefeller informed him of his thoughts and asked for permission.
But even lending the gold coins that others entrusted to him was Carter’s heartbroken, so making and lending gold coins that did not go one step further was even more heartbreaking.
So after thinking about it for a few days, he finally came to Rockefeller and brought up the story of the past.
“What are you going to do? Have you made a decision?”
“Probably so. that’s a bit… … I don’t think so.”
Although he expected permission to be granted, Rockefeller was disappointed when Carter showed a surprising disappointment.
“Why are you doing that again? Have you already given permission to lend out gold coins that customers have left?”
Secretly lending gold coins entrusted to others was also a problem.
But I can’t agree with the idea that the person who allowed it went further than that.
“No matter how much I think about it, I want to do it anyway. Aren’t you already making enough money?”
“Uncle, we are also in the loan business, right? Of course, the more money others borrow from the loan business, the more profit you get.”
“You know that. But I wonder if so many loans are needed in such a small place, and I’m having strange dreams every day without even going to sleep from the things I’ve been allowed to do before.”
“Are you dreaming? What are you dreaming of?”
“The dream of people who entrusted me with gold coins, coming to me, grabbing my collar and taking all my gold coins.”
Carter’s words didn’t end there.
“Then they will be dragged away by the seers and end up hanging by the neck. But the funny thing is, my throat got caught on the gallows and I didn’t die. Because he didn’t die, he struggled and became a laughing stock to everyone.”
“It’s kind of a nightmare.”
“I have that dream sometimes, but I also had it this morning.”
Rockefeller sighed briefly.
“Huh~ Uncle, don’t you know that dreams are the opposite of reality?”
“know. But my dream is so chaotic… … .”
“You know better than that that will never happen, right?”
“But what if my personality is like that? It’s your responsibility, you lose, but it won’t hurt me too, right?”
“So you mean you can’t agree with that idea?”
“I’m sorry. If I’m young and energetic like you, I’ll give it a try, but now I don’t have any regrets, and I don’t think it’s too bad to just keep running the store like this.”
Disappointed, but his words made sense.
There was no place to print out the money you didn’t have and lend it out.
“it’s okay. After all, as you said, there are no people who can lend us a loan.”
“right? Do you think so too?”
It was true that even more money could be generated if you loaned out money you didn’t have, but before that, the environment for lending that much money had not yet been created in this estate.
If there are many things around the lord that require a lot of money, such as construction or trading business led by the lord, Banco, which lends money to them, may also be prosperous.
“Still, something is sad. If you do that anyway, it won’t be a big deal.”
“By the way. How can you be so sure? It’s not literally printing fake gold coins and distributing them, but just writing them down on the IOU and lending them. Can you be sure that it really doesn’t cause any problems?
Rockefeller showed no hesitation at those words.
“Yes, I think so?”
“why? This is more dangerous than touching your customers’ gold coins. Are you literally missing gold coins?”
Rockefeller grinned.
“Even if we use gold coins that we don’t have on the IOU to give them a loan, people don’t directly check it, do they?”
“What if I check? What will you do then?”
To that question, Rockefeller rather questioned him.
“Mister Carter, do you engrave your name on the gold coins? Gold coins don’t have an owner. If anyone has any doubts about my gold coins, I just need to bring them in and show them the gold coins in the safe.”
“It should be, but… … .”
“For this to become a problem, we have no choice but to get the people who gave us their gold coins to come in and check the safe. But will that ever happen?”
Carter did not immediately answer Rockefeller’s question.
Even if you try to ask yourself if that could be the case, it will never happen.
‘Bank Run is something any bank can do. Even if this bank is sure that it will never go bankrupt, a bank run is unavoidable if all its customers come to visit at once.’
Why?
‘In the first place, even those who had a lot of faith made and loaned money that they didn’t have. So you don’t have that much money on hand. And the banks are creating interest income by lending money that did not exist before the bank run.’
For that reason, Rockefeller also intended to show the deception of modern finance here.
“like. Instead, if you suddenly need a lot of loans, contrary to what you thought, think about what I said once again.”
Will that ever happen?
As Carter pondered for a moment, Rockefeller continued.
“It’s rare to have such a good opportunity.”
imperial fringes.
At one time, it was called Azrak Goldmine and was the largest gold mine on the continent, but now it has become a dead land with no small gold veins left.
Could there be someone who suddenly needs a lot of money in such a place?
‘Yes. Even if not immediately, there will be people who need the money soon. I won’t tell you who it is.’
Places located on the periphery of the empire, such as the territory of Montefeltro, bordered other powers, so if the timing was wrong, many riots and conflicts occurred.
‘The Montefeltro estate is a bit quieter than other places on the outskirts, but that doesn’t mean it’s a peaceful place forever. Because soon the dwarves and orcs will fight properly.’
A war requires a lot of money, and the lender creates enormous wealth through interest income.
The Goblin Bank was the place that generated the most profit from the conflict within the empire, not the entire continent.
‘I think the time has come for the goblins to slowly finish work?’
At this point, the Montefeltro estate was not noticed by anyone.
Before becoming a gold-mining pig that once again spewed out relentless gold, it was a neglected area that did not receive any attention from the Empire or the Dwarves.
However, the war between the two factions in the vicinity of the territory could not be ignored.
‘If that happens, Dwarves and Orcs will fight properly.’
It was the totem idol of the orcs that became the trigger.
Orcs usually live in tribal units, and the shaman, the shaman of the tribe, was in a higher position than the chieftain of the tribe.
What the shaman considers most sacred is a totem idol made of monsters and beast bones.
It was rumored that the totem idol was secretly destroyed by goblins, and that it was the work of the dwarves, who had been close friends with the orcs.
‘Was it a totem war? Anyway, once the war begins, there will be problems with subjugating the orcs, and you won’t be able to stay quiet here.’
Shrimp, etc. cannot explode in a whale fight.
If the war broke out, there was someone else who would ride the most shit.
Rockefeller was expecting someone to come soon.
‘You will probably need a lot of loans. As much as possible.’
After a few days, rumors began to circulate that the hound mercenaries hired by the lord had kicked out the orcs that had been wandering near the estate.
It is said that the magician who was temporarily hired by the Hound mercenary team was the most outstanding, and with this as an opportunity, there was a festive atmosphere in the territory for a while.
The troublesome group of orcs has been pushed out of the territory, so I can’t help but like it.
But Rockefeller did not look relieved when he heard the rumor.
He didn’t think the orc subjugation would end so easily.
‘If I think the timing is right, I’m sure there will be signs soon?’
I wondered if the orc subjugation would be over, but soon great rumors began to invade the territory.
There were rumors that a large Orc army was gathering near the outside of the territory.
Of course, since it was a story outside the territory, it was not a direct problem in the Montefeltro estate, but the fact that a large number of tribal orcs had created a large army turned the inside of the territory upside down, and the lord who heard the news was also surprised.
“carter! Are you there!”
After staying up all night for several days, the lord who came to Carter Banco with a gloomy face came to see Carter first.
“What’s going on?”
Young-joo looked at Rockefeller, who was dealing with him instead of Carter, with a crumpled expression on his face.
“Come on, call Carter. I have something to talk about with Carter.”
For some reason, Rockefeller didn’t seem to have a place to go, so he summoned Carter at the request of the lord.
When Carter came, Young-joo asked for a loan first.
“By the way, how much can you lend me?”
“Why are you doing this all of a sudden?”
“I need money urgently. This is also very important for this estate. I want you to help me too.”
“no way… … Are those rumors true?”
When Carter, who had been contemplating, asked, Youngjoo scratched my bangs with a frown on his face.
“I got a headache. It looks like it will stick around outside the territory. The sears went to see them, and they said both sides were quite large. It’s almost an all-out war between factions.”
“But it has nothing to do with us, is it?”
“Looking back, it’s not someone else’s business. But that doesn’t mean you’re safe. If you go wrong like that, it’s no big deal to come over here.”
“Didn’t you say anything to the zodiac? You should ask for help.”
At those words, the lord’s expression darkened even more.
“It seems that your Majesty is trying to help in a very formal way because it is an area that is not of interest to you. terribly.”
“Still, we are from the same Empire, so would your Majesty just leave it like this?”
Youngjoo sparingly asked him again.
“Anyway, how much can I lend you? We need as much money as possible.”