webnovel

Tyranny of Steel

Julian Weber is an officer in the U.S. Army Corps of Engineers and a graduate of Westpoint Military Academy with a degree in civil engineering. As U.S. involvement in Afghanistan comes to an end, Lt. Julian Weber finds himself involved in a terrorist attack by the Taliban, which claims his life. However, he quickly finds out that death is not always final as he is reincarnated into the body of a Baron's son and heir in an alternate Earth set in Late-Medieval Europe. In an era of political turmoil and civil strife, the Baron's young son is named Regent of the Barony of Kufstein and forced to contend with feudal powers. Will he be able to institute reforms leading his Barony into the age of industry? Or will he succumb to the pressure of his feudal overlords and a corrupt church that seek dominion overall?

Zentmeister · História
Classificações insuficientes
1261 Chs

Minting New Currency

Now that Berengar had established supreme reign over the Duchy of Austria and had begun the process of incorporating the silver and gold mines from throughout the Austrian alps, he decided it was now time to introduce a national currency. 

Gold was severely limited at this time. Until he could gain the vast wealth of a region like Mexico, or South Africa, he had no means to acquire a substantial sum of the coveted material as such, Berengar had decided to keep with the silver standard. 

The most significant problem that the Austrian economy had faced up until this point was that the currency's production was completely localized. The size and quality of the currency entirely depended on regional rulers, and as such, it was horribly debased.

Thus Berengar had opted to revitalize the Austrian coinage and in the process make it the universal standard for trade in all of Europe, especially now that his trade reached most corners of the Mediterranean.