Comiak
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Chapter 139: Currency Concerns
🕑 Added 2022-01-12 23:34:25 +0000 UTCAN: The last section of this chapter I am very iffy on, let me know what you think about it.
Edit: Changed the last section of this chapter
Lady Vanu Runa Lysha sets down a book of military strategems and tactics as a knock comes from her door.
“Enter,” She says and turns to face the door. Her butler walks in with one of the guards.
“Lady Lysha, your father, requests your presence,” the butler says. “He received an urgent message from Headmaster Vulpun of the Order of Flames.”
“Thank you, Hanthe,” Lysha replies. Standing up from her desk and following the butler out to the meeting room. She enters the room, and her father motions to take a seat next to him at a table. Paper and ink sit neatly next to him, and there is a letter in front of him.
“Sit, Lysha, fortune favors us today.”
Lysha sits next to her father and glances at the letter.
“Vulpun found the spy,” Her father says.
Lysha looks up at him, surprised.
“Who is it? Who do they work for?” Lysha almost blurted the word out, but her etiquette training caught her just in time.
“That’s the difficult thing; she isn’t from these lands.” Lysha scrunches her eyebrows in confusion, but before she can ask what he means, he continues. “Archmage Ruluna thinks she’s from our ancestors’ homeland. In any case, Vulpun says we need to secure their goodwill.”
“Goodwill? They spied on us!” Lysha interrupts.
She raises a hand to stop her.
“Vulpun will be here shortly to give us more details, but from his letter, he says that with the Forren Kingdom amassing their armies, we cannot afford to pass this opportunity up. If what he is saying is true, then there’s a lot more to this story than we know; let him speak before objecting”
Lysha waits, but she passes the time by reading the letter.
To Governer Vanu Runa Orlan:
You’ll have to forgive me for skipping the usual greeting, but something major has happened today, and this is very urgent. I dare not risk-sensitive information with this letter, but we have found the person we’ve been looking for; however, they are not hostile that we know of. Ruluna thinks they are from the ancestor’s homeland, but that has yet to be confirmed.
They look Lunlaleyan but are clearly different; you’ll have to see for yourself. They are clearly politically minded, and they tread carefully, and they may be taking advantage of our unfortunate situation, but now what they have to offer is too enticing, and we need to secure their goodwill.
I will be over as soon as my preparations are done to discuss this in further detail and with more security.
From Headmaster Valana Vulpun
“Do you know now?” Her father says, “This is as much a surprise for him as it is us; it is a very recent event and the fact that he can confirm that the spy looks different means that she is in their... hospitality.”
So the spy is here, showed up in person, which means she is confident they won’t arrest her.
“What do they want?” Lysha asks.
“We’ll see soon,” her father replies.
Just then, Headmaster Vulpun arrives and sits down at the table opposite them. Her father dismisses the guards. The guards close the door, and her father activates the sound barrier device sitting next to the stack of papers.
“No one will hear us now.” Her father declares. “So, what is so urgent?”
“Good,” Vulpun says and slides his storage ring across the table. “There’s only two items; take a look.”
The fact that Vulpun didn’t take the items out himself means that there’s weapons in them; meeting with high-ranking people and suddenly conjuring weapons is a good way to get oneself killed.
Her father takes the ring and summons out an orb and a sword sheathed in some unknown metal. Lysha [Analyzes] them and gasps at the power of the enchantments.
“I see,” her father says and examines the blade of the sword, half drawing it out from its scabbard. The blade almost seems to ignite the air from the sheer heat it puts off, but the icy scabbard keeps the heat in.
The message is clear now. Whoever these people are, they can make some powerful weapons, which means they can make even more powerful weapons and armor from the leviathan materials.
“So this is what you mean when you say we need to secure their goodwill,” her father says. “We need to make sure they don’t deal with the Forren Kingdom.” He sighs and looks at Vulpun. “I’d like to meet her as soon as I can.”
“I knew you would; I brought her along with me, she’s currently waiting in the guest room, but first, there’s something I need to discuss with you about her.”
“Speak” Her father nods.
“First, she is operating through an illusion.”
“So, that’s what you mean by they tread carefully.”
“Yes, Second she didn’t know our language and was... studying our culture before, to learn our customs and social hierarchy,” Vulpun says, not directly saying that she was spying, which indicates that he is paraphrasing the spy.
“How’d she learn our language?” Lysha asks.
“Ruluna’s efforts,” Vulpun says. “We’ve actually been communicating with her for a while now, but she showed up in person today.”
“And you never told us?!” Lysha raises her voice, anger at being left out of important events boiling up.
“Calm yourself, Lysha,” her father says, placing a hand on her shoulder. “This is a part of gathering intel; often, they have to weed out lies, misdirection, and motives before giving us accurate information.”
Vulpun Nods. “Indeed, which makes her presence more pressing as we can’t take measures to verify her supposed good intentions. Even now, we can’t be sure if she is not already in talks with the Forren Kingdom, and who knows what else.”
Lysha sits back down, her anger quickly dying.
“We still aren’t sure of her motives,” Vulpun says. “But we can be sure she is trying to secure good deals for her people.”
“What about invasion? What are the risks about that?” Lysha asks.
“I... don’t think they will do that. They already have intel on us, but to what extent we still need to make sure. If they were planning that, I don’t think she would have responded to our attempt to contact her. I think they are more interested in trade deals, but I don’t know what they want.”
“Let us meet her; we shouldn’t speculate too much,” Lysha’s father says.
He disables the sound barrier device and orders the butler to bring in the guest. Vulpun joins their side since it will be the three of them making a deal with the spy.
Lysha doesn’t know what to expect. Apparently, the spy looks different, but she doesn’t know how different, nor does she know who she is like, not ideal terms to meet someone, usually she’d want to know who the other person is like, what their personality is like, and what may anger them; everything can be used strategic applications.
It unsettles her that they have to meet on such unfavorable terms; at best, she’d like to wait a few days and study her opponent.
The butler walks in with the most beautiful girl Lysha has ever seen. She’s far younger than Lysha expected, but she remembers that this is supposed to be a mere illusion; perhaps the real spy is far older. Her dress is in the same style Lysha herself is wearing but just so much more matching and perfect with decoration to make her look very wealthy while not looking gaudy.
Her royal blue hair is rare in Vocana, the republic’s territory, and her shade of hair is even rarer. Oddly the tips of her hair are golden in color, which suggests a racial evolution at some point in her life. It’s uncommon but widespread enough for hair color to change during evolutions; heck, Ruluna’s hair burns with literal fire that she can control.
The things that catch her attention most, however, are her accessories, eyewraps covering her eyes, a diadem and necklace, bracelets and hair ornament, as well as rings on her fingers. They look too purposeful, and she guesses that at least half of them are magic items. But why fake that? If anything, she should have an illusion without any of those unless...
Lysha smiles, realizing that the illusion in front of her has some limits. To what extent these limits are she still needs to figure out, but she can definitely say that it is some sort of skill, but that may suggest the girl really is as old as she looks, or maybe she found a way to either deny time or reverse it.
The letter is right in that this girl looks Lunaleyan but her three tails as long as she is tall and her large ears show she is not from these lands. The size of her bust is also impressive for her age which draws the attention of Lysha’s father, but he keeps a trained face. Her father is known to be weak against beautiful women, and Lysha whispers thanks to Venaro for her father’s wisdom to involve her in this meeting.
“Greetings, I am Alysara” The girl curtsies, a perfect and elegant gesture as if she’s been doing it her whole life.
Lysha returns the gesture, trying her best to not look underperforming.
How the hell does she make it look so easy?!
Every movement oozes grace, elegance, and serenity; it makes her look like the perfect highborn lady. Lysha can’t help but feel inadequate in her presence, which pisses her off!
“Allow me to give you gifts to compensate for any past aggressions I may have committed inadvertently and to celebrate relations between our two peoples,” Alysara says.
Smart, this means that if she takes the gifts, then she is pardoned of any crime she may have committed; Lysha can see why the letter says she is politically minded.
The first thing Alysara lays on the table is a beautiful dress made of mana silk. Marbled red like magma and Ashen grey makes up the majority of the colors, and Gold lines the trims, standing out against the darker colors.
The second gift is a metallic belt made of the blackest color like that of the night sky, and like the night sky, the gem decorations are like shining stars of different colors.
Dress of Volcanic Gold (Enchanted):
This dress was made by a master mana craftsman. It enhances gold spells and gold manipulation by 150%, repels water, and keeps its wearer warm in cold climates; further, this dress will reshape itself to fit the wearer.
Belt of the Golden Knight (Enchanted):
This belt was made by a master mana craftsman. It stores the Armor of the Golden Knight.
While the dress is beautiful and damns near perfect, a piece that should increase her popularity, the belt intrigues her even more. It’s a storage item, but it can only store the armor?
Lysha’s father puts on the belt and stands up; suddenly, a golden full-plate armor with a fully sealed helmet appears around it. Its craftsmanship leaves no gaps in the armor, covering them with smaller plates in a way Lysha can only assume is possible with a form of [Gold Manipulation]. The helmet is shaped like a Forron’s head and has green and white accents. The armor is engraved with decorative ice and firey patterns and has their house Emblem engraved into the chest piece.
Armor of the Golden Knight (Enchanted):
This armor was made by a master mana craftsman. Enhances Gold spells by 200%, draws in and purifies air, regulates temperature and filters light through the helmet.
In another moment, the armor vanishes, leaving only the belt behind.
“We accept your gifts,” Lysha’s father says, sitting back down.
* * * * * * * * * * * * * * * * * * * * * * *
It was a happy little accident that I put the belt in the storage ring; I simply wasn’t thinking about the incompatibility of putting a storage item inside another; normally, that results in the destruction of both. However, the belt functions like a mana battery, storing the mana that the armor is made of, and maybe a little bit of space enchantment to actually fit all of the mana, but expanding space and creating a little pocket space are technically two different things.
Vanu Runa Orlan’s eyes constantly drift to my chest, making me feel self-conscious, but to be fair, he seems to be trying to control himself. I am trying to help as best as I can by keeping a calming, serene pose and tone of voice rather than my usual graceful and elegant one.
“We would like to establish a trade deal,” Orlan says.
Normally I would ask to wait; after all, I’ve only been here for less than a day and would need to experience the city; however, I’ve already studied this city and what these people have to offer. But that’s not the biggest hurdle; what is, is the Runalymo culture. We make what we want, so pottery, furniture, and other arts and craftsmanship are off the table.
What we will want, however, is livestock, spices, and other foodstuffs as well as monster materials, things we can’t have; however, I’ll leave that to Guklaro and Tusile to work out. My primary mission is not to trade for stuff but rather to open favorable trade routes and let the market decide what it wants.
There are other issues, such as the difference in currencies. We use cut Domer pearls; they use traditional gold, silver, and copper. These things must be ironed out before trade can happen.
The first thing to address is obviously the difference in currencies; then, we need to address tariffs.
First thing’s first, I need to figure out the value of Runalymo money. Just saying that it’s worth a lot does not make it so; the value is the fact that it’s a monster material and can be used in the making of jewelry. It is for this reason I had Dad, with Tusiles permission, make the best coins she could to show these people.
In order to get the best deal, we can we need our money to be more valuable than theirs; fortunately, we normally don’t want for gold as much as other places. Its primary use is in jewelry; the one thing that throws a wrench in this deal is that true gold, gold saturated with gold essence, is very rare, and due to the Vanu family being Bonded to gold essence, they can mass-produce true gold. I can, too, so that helps, but my time and abilities are better spent elsewhere.
“First,” I say, conjuring a single coin of each type and arranging them from least valuable to most valuable. “Let’s talk about these.”
Being monster materials, they have effects that make each coin somewhat unique; unfortunately, the materials are from Minor tier monsters, so they aren’t worth much; I’ve hunted down the strongest Domers I can find to get the best value ones for Dad to make.
“This is our form of currency; these on the left are the lowest and on the right are the highest value” I explain the value of each relative to each other, but I don’t give any examples as to what goods they can buy.
According to my research, the fire and water coins should be worth around two copper going by what kind of good they can buy. This means the Ice and Earth coins are worth ten copper. The benefit of using metals is that one can control the value of the coins by changing the purity of the coins, so these people have a one hundred coin differential value, so one hundred copper equals one silver, and one hundred silver equals one gold. So Lightning and Wind Coins will be worth seventy copper, and light and dark coins are worth seven silver. Beauty and Creativity coins are worth seventy gold.
However, extrapolating value from the lowest valued coin is not accurate; if I were to extrapolate value from a wind by basing it on what it can buy from my village, then it’d be worth two silver instead of seventy copper, which will make ice coins worth twenty-eight copper instead of ten and fire coins will be worth five copper instead of two.
Trading across different value coins is a very messy affair, just like politics.
My goal is to make this deal better; if the value of our coins in their people’s eyes is worth more than the established base, then our currency will be able to buy more.
The three sitting across from me glance at each other, understanding the situation. They will try to get the best deal they can by claiming our coins are less valuable.
Orlan and Vulpun takes a coin to examine.
“Monster materials,” Vulpun says. “Low tier, but the craftsmanship is of the best I’ve seen. It’s been properly minted with the correct skills too.”
The skill [Mint Currency] has the ability to mark a coin – or whatever is used of currency – as legit and legal money. There’s way more to it, but the details are kept secret for obvious reasons.
"While I understand your concerns about the discrepancy of our currencies, it should be much of an issue merchants will just have to sell their goods first before buying anything, which is usually the case for traveling merchants anyway," Orlan says. "And you should know what things usually cost so there isn't a worry about being cheated on deals"
"In fact it's better for your end, you have information on us but we don't have any on you" Vulpun adds. “If I were in your town, what can I expect to buy with this?” He asks, holding a Wind coin.
I tell him, I don't have any excuse not to.
This marks the beginning of a very long discussion about the value of coins, and I found myself juggling between a merchant, diplomat, and politician, giving [Acting] quite the workout and making it very hard mentality; this is a task made for multiple minds. Usually, a diplomatic delegation would be made of multiple people who specialize or are trained in these facets. I have to improvise and dedicate three minds to this task, each taking their respective role and acting as advisors to a speaking mind which takes the information from the three other minds and compiles them into what I hope is a good argument.
"Let's move on to trade routes." Orlan changes the subject "I can only speak for my city, I do not have power over other cities so you will need to make a deal with them individually. I can, however, introduce you to them as a favor" Orlans eyes continually drift down to my chest for a second until he catches himself. [Acting] keep my face straight and my nerves in check.
"I'm sure they'd be more than interested once word gets around," I say, [Acting's] instinct telling me that it's best for others to come to me as it means I have an upper hand in trade discussions.
"Right." OIrlan says, his eyes wandering to my tails "Anyway I propose tariffs should be half of what's normal considering the vast distance there is to travel, a fifteen percent tariff"
"Tar...iffs?" I tilt my head in confusion, switching [Acting] roles. I purposely play dumb but the only reason I know of them is because of my past life. Runalymo society does not have any taxes of any kind, rather the village runs a business for its funding, selling goods to either its own people to other villages or just to other villages depending on how easy or exclusive their goods are.
a moment of silence falls over the meeting room as Orlan, Lysha, and Vulpun glance at each other.
"Yes, tariffs," Vulpun clarifies. "You know, the tax on the importation of goods."
"I am unfamiliar with that concept," I say, keeping my act up.
This leads to a small discussion on what taxes are and me nodding like it's a brand new thing to me.
"We don't have such systems," I say, reverting to a political persona "Our government funds themselves through business ventures. I don't think many of our people will be interested in trade if their goods are... taken to fund your government." I repress my urge to call it theft, that would not be diplomatic.
"Besides," I continue, quickly letting a mind with a merchant role take over "Tariffs sounds like a bad economic idea anyway, it just results in the increased prices which makes your own people poorer, merchants will just pass the tax on to the people in the form of increased prices"
Anyone selling goods doesn't pay taxes, they just push it onto their customers which means it's a tax on the people which makes them poorer; the government wins but the people lose. This is just a case where it's good for politics but bad for the economy.
"What would you suggest then?" Orlan asks.
"No tariff, of course, it only dissuades our people from trading with yours and it makes your people poorer"
"With recent events we need funding, this is just how our government operates, I'm sure You understand," Orlan says giving Lysha a small nod.
"Our borders are under threat" Lysha says. For our safety we need the funds this trade will bring us. The lowest we can afford is twelve percent tariff"
I am a little over of head, they are adamant about this tariff but one I don't want the elders getting ideas, and two, our people just won't accept it.
“I think we should take a break to consider our options and resume discussions tomorrow” I curtsy and walk out. Meanwhile, I am heading over to Temple Isle to consult Tusile on how to proceed.
Comments
Sondrex76
The new version's end felt smoother then the old one. I found four potential minor misspellings and such in the new portion: " should be much of an issue me" -> " shouldn't be much of an issue since me" "Orlans eyes continually drift do" -> "Orlan's eyes continually drift do" 'a moment of silence falls over the m' -> "A moment of silence falls over the m" "For our safety we need the funds this trade will bring us. " -> '"For our safety we need the funds this trade will bring us. ' I do wonder though, is the new language not similar to her own just with some linguistic movement? Wouldn't the word then be obvious, or is it shortened in a way that does not make it obvious? She also seems to have rather strong opinions on economics, although when she has been brought up in a society like the one she was brought up in, combined with what seems to be a past life living in a country with rampant uncontrolled capitalism (USA is my guess probably), that makes sense.
Venalitor
Oh! The edit was great. I was weirded out by how much weight was given to the currency in the original, although I am suprised Alysara knew their word for 'tarriff' to have to play dumb when they brought it up. Probably some other more specific terms as well.
Squirtle
In the earlier spying chapters, I believe it was mentioned that there are very distinctive males and females compared to Aly's people. So im pretty sure it was supposed to be a "He" for the father rather than she.
Pawzom Lz
This rewrite makes the chapter so much better. Theres a few mistakes I noticed that I will list below. She raises a hand to stop her.(who is she? her father? it seems to suggest that but everywhere else the father is referred to as he, and the fact that he is thought of as father by Lysha rather than Momara and he by Alysara makes me think he looks like a male? But as far as I remember, from Alysaras perspective in the chapters so far we havent seen these obvious gender differences so it just leaves me confused about whether they are female/male or female/hermaphrodite like Alys people?) everything can be used strategic applications. it should be much of an issue merchants making it very hard mentality; "Right." OIrlan says, I am a little over of head
Brandon Anderson
I think the rewrite came out great Tariffs would indeed be the important factor here. This trade route could be considered a highly dangerous silk road so, Alysara would have what can be considered high end luxury goods and military Hardware. Selling the military equipment to the government would most likely not incur a tariff but they would expect a discount and the government would make the money selling the equipment to the different mercenary outfits. Cloth and clothing would be sold to nobles / merchant class, and the only food would be specialty goods ( tea, bananas, spices). Now how they can get around this would be to charge duties instead of Tariffs. Tariffs are taxed on goods as they come in so the merchant pays them duties are taxed on the consumer so the nobles/merchants would pay them.
Squirtle
Its much easier to read, enjoyed it a lot more. I also like that Lysha brought up the war directly instead of just assuming that Aly knew about it. I mean, she has better things to do than just watch over the kingdoms all the time.
Maury
The New ending is a lot better, thank you for the improvement. realistically I don't see how they can enforce tariffs when they aren't even going to be the ones transporting the goods. if Alysara can't get them to not implement that, then that'd have been a big failure on her part.
MadGod
That's exactly what she wants to avoid: the artificial escalation of prices and the resulting increase in social stratification which is a much more serious concern in a world where miasma and cursed beings exist. She doesn't want this ideology to infect the Runalymo as well.
Giperman
I like this version more. It gives chapter better fow than it was before.
Ex Caseus Fortis
To be fair, Alysara and the elders control the price. If the government wants to place tariffs they can just raise the prices to offset it.
Grumlen
This new chapter ending makes more sense, and will lead to a better "clash of cultures" than currency manipulation. I would actually think it better for them to focus on not trading for actual currency until the route is better established.
Sondrex76
Nice chapter. I have no opinion on the currency discussions, though I am more curios about how this will affect Alysara. Especially how much of those Leviathan remains she will have to handle personally, how much her village will take on, and lastly how much of it she and her village will be able to acquire for themselves as payment. " the ancestor’s h" could be " the ancestors’ h", "know who she is like, " could maybe be "know what she is like, " unless she uses comparisons to people which seems a bit strange but may be the case, in a similar manner "he’d want to know who the other person is" could be "he’d want to know what the other person is" and "; everything can be used strategic applications." could be "; everything can be used for strategic applications.", although this one can probably be improved further. Thanks for writing and I hope you have a great day!
Brandon Anderson
I think you are using a more modern idea of currency where currency is not back by anything but how much people think its work. Copper, silver, gold and Domer pearls would be worth the value of the want / need of the receptive items not buy how much such things could buy you in current market. Minting was more of a certificate that the coin had a certain ratio of these metals and the coin was worth its market value for those metals. First trade instances were always material trade, she should trade her items for their currency use that to buy what her people need. As for an exchange rate between currencies that would come more if they start making allow merchant guilds, whom travel enough to use the others currency, which would be far later in negotiations. Love the story so far.
Nematrec
none of the currencies are new. These are just new *coins*.
Kristjan B
Starting with currency can bit weird. Practically long distance trading would start solely with physical goods. Usually starting with goods that have very different values. Both parties would be looking for something that the other desires and they have abundance of and vice versa. Currency has limited value initially, but disclosing the 'true' value of the traded product can be disadvantageous for trade negotiations. Starting with currency can can work if the intent is to be upfront and honest, but ultimately initial trading is going to be about the material goods that each party can trade and currency naturally follows later.
Abborre
The currency bit isn't bad in itself but maybe its in the wrong place. Maybe it does not fit or maybe put it, the in-depth part, in a later chapter. You could put it as a flashback to the negotiations, or to an earlier part of them.
Squirtle
Once she gets her amazing mind class yeah. I wouldn't be surprised if they liked even just the artistic things that Aly's people make, they are good crafters for a reason. But that would be when they are actually able to fly there with the ship to trade and not have to just rely on Aly just shipping it with her clones lol
Pawzom Lz
Is not the biggest issue here that most of the things they would be interested in is the things Alysara personally makes? While she does indeed like crafting, the needs of a village and a nation are 2 very different things. Maybe in the far off future when she can have more clones something like that will be possible? While she can help them turn Leviathan materials into useful gear for the upcoming war, I doubt she wants to become these peoples personal crafter.
Comiak
that was my plan anyway, the main issue I had was trying to explain the issues while not sounding like a textbook. I may just edit that part to a simple summary to keep it simple.
DANTE
Thanks for the chapter, currency is really difficult to figure and not diving too deeply might be better unless is a major plot point, depending on the amount of commerce you plan to have in the future you might want to settle to a public exchange or the creation of a central exchange that trade bot currency in exchange for a list of material or standard issued items, unless you want to deep dive in how the mint currency skill and works what make a coin legittimate and the intricacies of credit/debot an outline of a somewhat believable solution sound like the best idea
Maury
I mean there is always the option to just fucking barter. that aside, I'm guessing the reason this happened is because they minted a new currency and then assigned value to those coins arbitrarily. on the other hand, the value of the currency on the other continent isn't derived from what the people minting them think they should be worth, but from practical application. pretty much a given that there would be discrepancies when comparing exchange rates. since the new currency probably isn't even in circulation yet, realistically they could adjust the value, but from a diplomatic and bureaucratic standpoint it wouldn't be a good look if recently made decisions are overwritten because it would be admitting that you made a mistake and shows a lack of foresight. another solution would be for them to just use a fiat currency but they don't have that kind of trust at the moment.
Lictor Magnus
I agree with NaughtyPaws, it’s a worthwhile discussion to have, but I don’t think we need to get any deeper into it. A simple “we worked out the currencies after a bit of back and forth” next chapter would be fine.
Squirtle
Confirmed, Governor is a perv
Giperman
Yep. Second half of this chapter is pretty dry. I would prefer a closer look to how Alysara figured out hearing a talking of her clones autonomously and this section shortened to just a couple of the last paragraphs.
NaughtyPaws
Currency/economics can be a deep rabbit hole. May not want to dive into it much unless if becomes a plot point.
Olivier Pascal
Thank you for the chapter! Hope you have a lovely day :D
