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Money - A Lore Question


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Money - A Lore Question
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Hammersmithv
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RE: Money - A Lore Question |
#12
04-07-2015, 01:07 PM
(This post was last modified: 04-07-2015, 01:14 PM by Hammersmith.)
http://en.wikipedia.org/wiki/Scrip  (reference link)

Given that Ul'dah has the lock on banking, there's a good chance that a lot of Eaorzian trading takes place with company/nobility/ backed currency/scrips "behind" the scenes and in local areas within local borders, with Gil being a commonly accepted, backed, and valued thing and proooobably backed by the Ul'dah Syndicate mostly , not to mention also probably manipulated in value to crash/leverage/influence other country's economies or the works of competitors. 

This means most local peasents, farmers, and "normal" people don't use gil, or do, but don't stockpile it like PCs and major economic players do.  They don't need/can't afford that kind of leverage of capital like us PCs.

The Gil coin is probably wildly more valuable than local nation/corporation/merchant/buisness backed scrip currency because of the combine (Or the combined effort of the three city-states), which means the average joe deals in scrip currency, while international adventurers and Merchant Princes deal in Gil.   (And as such us adventurers deal in gil as well, the international standard)

Edit: And this is somewhat supported by the crystals-as-currency/beastman script post above this. edit edit, or even more blatantly by the grand company's seals as scrip currency.

There's likely denominations of coins, currency defacement of the gil is probably popular for portions lower than "1" (I see Limsa as a prime criminal for making peices of eight in Olde Timey pirate ways), with larger denomination coins/Ul'Dah bank backed paper scrip used for much higher value of Gil.

There's unlikely to be international Banks outside of Ul'Dah, which means most accounting and the like is going to be handled in house, much like it was in old times, or by banking clans/families/entire infrastructures dedicated to it. (Like Ul'Dah for instance)

/ramble

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Messages In This Thread
Money - A Lore Question - by Cassandra Lachance - 04-07-2015, 12:26 PM
RE: Money - A Lore Question - by Makyn Loneseeker - 04-07-2015, 12:32 PM
RE: Money - A Lore Question - by Melodia - 04-07-2015, 12:33 PM
RE: Money - A Lore Question - by Kalooeh - 04-07-2015, 12:41 PM
RE: Money - A Lore Question - by Warren Castille - 04-07-2015, 12:46 PM
RE: Money - A Lore Question - by Gegenji - 04-07-2015, 12:50 PM
RE: Money - A Lore Question - by Khadan - 04-07-2015, 12:51 PM
RE: Money - A Lore Question - by Gegenji - 04-07-2015, 12:53 PM
RE: Money - A Lore Question - by Maril - 04-07-2015, 12:52 PM
RE: Money - A Lore Question - by Warren Castille - 04-07-2015, 12:52 PM
RE: Money - A Lore Question - by Sounsyy - 04-07-2015, 01:03 PM
RE: Money - A Lore Question - by Hammersmith - 04-07-2015, 01:07 PM
RE: Money - A Lore Question - by Cassandra Lachance - 04-07-2015, 01:16 PM
RE: Money - A Lore Question - by Aduu Avagnar - 04-07-2015, 01:58 PM

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