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Post by Paolo Emilio I of Trebia on Oct 21, 2015 3:25:55 GMT
Hey there!
While me being obsessed with our Christendom nations starting out efficient and productive economies, I just thought, if using currencies from other nations goes far cheaper than starting one's own currency, I thought that, what about if we Christendom nations all used the same currency? I thought on reviving the Bezant. As well, I suppose that, since Ruthenia already got an idea for it's own currency (yet I can't confirm it's a stable one), what about we start paying in (Ruthenian) Marks or in Bezants?
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Post by Sir Benedict on Oct 21, 2015 14:37:37 GMT
It's a fascinating idea, but if there is anything that using macronational currencies has taught us it is that centralization and monopolization of the money supply is a bad idea. As the old adage goes, "He who controls the money supply controls the world." I believe that the existence of several competing currencies is necessary to combat inflation and protect consumers. However, this doesn't mean there can't be any standardization; in old Christendom, most country's coins were the same as their neighbor's coins, or at least based upon them. What if we chose a common weight and purity of gold or silver on which to base our currencies so that they'll be compatible? Quailian Crowns are currently based off 1.244139072 grams of 999 fine silver, but any coin can be chosen. I'm open to resurrecting the florin or, as you suggested, the bezant.
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Post by Paolo Emilio I of Trebia on Oct 21, 2015 22:56:37 GMT
Well, I have thought on the possible consequences of a single bank taking control of all the currency. So I'd be more inclined to your idea  A common weight and purity of gold and silver, I like it! |
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Post by Pan Kristoff Drevo on Oct 22, 2015 17:22:45 GMT
I'm not quite as knowledgeable on economics as my older brother, but I do know that having multiple competing currencies would be a good idea. Of course, as of yet, there is very little to buy if we do happen to resurrect the bezant and/or florin.
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Post by Paolo Emilio I of Trebia on Oct 22, 2015 20:07:30 GMT
I like it. A common standard while having multiple currencies sound nice. Basically we stamp the same amount of metal in coins with similar values, right?
And I suggest we use the International Metric System (kilograms, grams...)
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Post by Pan Kristoff Drevo on Oct 23, 2015 17:23:04 GMT
Yeah, that would be best. The USA is the only place that doesn't use the metric system, right? We've always been a bunch of rebels! |
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Post by Paolo Emilio I of Trebia on Oct 24, 2015 4:28:44 GMT
Hon hon hon, oui oui. Merci, mon amis francais pour le Systeme Metrique Maybe I could give birth to the true Balboa currency, unlike the non-existent Balboa used in Panama which is actually the US Dollar  Furthermore, there are other currencies, such as the Denarius, used by the Roman Empire and Early Christian Europe, particularly by the Hanseatic League, one of the first large markets of the Renaissance. In Colonial Spain, the Doubloon was used as well. Each Doubloon was equal to 2 Escudos, or 32 Real gold coins. Furthermore, the Spanish dollar, worth 8 Reales, or 1/4 Escudos, was a popular currency for trade between America (the continent) and Europe. Sadly piracy was a problem for the Spanish. The Livre Tournois was a French currency popular in the Middle ages. Let's take in mind that the Templars were some of the best bankers of Medieval Europe, so the Tournois could have had some relevance during the times of the Crusades, just like the Bezant. Sadly, most of these coins are attached more to their nation. So we can only hope that, if somehow we fuel a new Christendom sentiment in Europe, we may convince Conservatives and Catholics in Europe to revive their currencies, alongside their culture, to fight the Euro of the European Union. So that's just a dream. We could just conform with our own currencies. I'll think about the Trebian Balboa, while you use the Quailian Crown. Unless there is interest in negotiating a common currency of course, if not, which should be our standards of mass for every coin? |
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Post by Pan Kristoff Drevo on Oct 26, 2015 17:32:35 GMT
I think that we should all develop our separate countries currencies separately at the moment. They should be based on a steady standard, like gold or some other precious metal, so that when (if) we do ever start trading with each other, we can measure our currencies value with the global market.
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