If there is no difference in currency exchange between the two countries, how can Handu use treasure banknotes to extract their wealth?
Moreover, another even more paradoxical thing about these vassal states is that they do not have their own currency, and all they use are the currencies of the Ming Dynasty.
Since each other uses the same currency, there is no way to form an exchange rate for price differences. Without an exchange rate, how can Handu make a scissor difference and shear sheep? Therefore, Handu has to rely on the strength and innovation of the Ming Dynasty.
The scarcity of treasure banknotes forced the three to reprice their own goods.
Only by creating a price difference between the two countries can Handu use a unified currency to shear sheep. In other words, for the same penny, you can only buy one big cake in the Ming Dynasty, but you can buy five in the vassal country.
A big cake.
Now that Han Du's attitude has been made clear, it depends on whether the three people on the opposite side are willing to accept it. But according to Han Du's estimation, they will eventually accept it. Because although on the surface it seems that they have suffered a loss, for them
To put it bluntly, Handu's five-fold price increase will only make them earn less.
When the Korean envoy saw that Han Du was not retreating, he could only grit his teeth and said: "Now the value of Ming Dynasty's treasure banknotes is very high. We accept it five times. I don't know if we can also do it when the price of the treasure banknotes becomes consistent and the exchange rate becomes consistent."
Consistency exchanged for consistency?”
Unexpectedly, Han Du listened and shook his head with a smile and said: "No, I still exchange for five strings."
"Sir, how can this be true?" The Korean envoy suddenly widened his eyes and said dissatisfied.
"Messenger, please don't think this is unfair." Han Du explained with a smile, "Do you think such treasure banknotes are obtained for free? I have said that the Ming Dynasty invested a lot of manpower and material resources in order to make such treasure banknotes.
financial."
The better things are, the more expensive they are. This is a truth that every businessman understands. Han Du's words left the three of them without the slightest doubt. They wanted to make such magical treasures without investing a lot of manpower and material resources.
is it possible?
"The fewer treasure banknotes are produced, the higher the cost of each treasure banknote will be when amortized. But even if my Ming Dynasty prints enough treasure banknotes for the people of the world, I can tell the truth to the three envoys.
Each of these treasure notes is actually slightly at a loss, can you three understand what I am saying?"
The three of them suddenly heard Han Du say this and couldn't help but take a deep breath. How much did the Ming Dynasty invest in the production of treasure banknotes? In order to be able to print enough treasure banknotes for the use of the people all over the world.
Still losing money?
The Korean envoy smiled flatteringly and said: "If Ming Dynasty prints more treasure banknotes for us, wouldn't it be possible to further reduce the cost of treasure banknotes? Maybe it can also prevent Ming Dynasty from losing money. In this way, Ming Dynasty will not lose money.
, wouldn’t everyone be happy?”
When Han Du heard this, he smiled coldly and said: "Then according to your envoy's intention, my Ming Dynasty has gone through a thankless effort to make treasures, but your country just wants to sit back and enjoy the results?"
"This..." The Koryo envoy laughed flatteringly and did not answer. According to his statement, it was indeed the Ming Dynasty that did all the dirty work, while Koryo just wanted to sit back and enjoy the benefits.
"The money my Ming Dynasty spends on the treasure banknotes cannot be spent hundreds of times. If the treasure banknotes are only used by the people of the Ming Dynasty, then it is nothing for my Ming Dynasty to suffer a little loss. But since you also want to use it, there is no problem, five times the amount
The price difference cannot be less than a penny. Ming Dynasty has spent so much effort, you can't just sit back and enjoy the gains, you have to make up for it, right?"
The three of them looked at each other and asked for a discussion.
Han Du also smiled and motioned for them to discuss freely, because at this point, Han Du was no longer afraid that they would not agree.
Sure enough, after the three people discussed it, they unanimously agreed to Han Du's request of one to five, but they also put forward a condition.
...
"What did you say? Not only did they agree to the condition of one to five, but they also proposed that the ratio of treasures and notes given by the Ming Dynasty to other vassal states should not be less than one to ten in the future?" When Lao Zhu heard Han Du's report, he simply didn't dare
Trust your ears.
In Lao Zhu's view, Han Du's proposal of one to five was a very outrageous thing. He never expected that these people would actually agree to it.
Lao Zhu, who had read The Wealth of Nations and had his monetary knowledge popularized by Han Du from time to time, had a deep understanding of what kind of benefits the Ming Dynasty could gain under such a ratio, and what kind of losses would be caused by vassal state-owned enterprises.
It was precisely because Lao Zhu knew this that he fell into a deep silence. After a long time, he asked: "Do you think they know the consequences of doing this?"
Han Du pondered for a moment and said, "Maybe I know, maybe I don't know."
Lao Zhu raised his head and looked at Han Du doubtfully.
Han Du shook his head and explained with a smile: "Whether they know it or not, it actually doesn't matter. It won't affect how they do it. Even if they know it, so what? They will still choose to agree."
"Why is this?" Lao Zhu asked in a deep voice.
Han Du thought for a moment and did not explain. Instead, he told Lao Zhu something, "Your Majesty has seen a flock of sheep. There is a sheep in the flock. If a sheep discovers a fertile green grassland and eats it there,
If there is fresh grass, the flocks of sheep that follow will rush up and compete for the grass there, completely ignoring the wolves watching eagerly next to it."
Seeing Lao Zhu's eyes looking at him, Han Du smiled casually and said: "The treasure money is the grass. These people took away the treasure money in order to make profits for themselves. They will encourage them without us spending any effort.
Others are after the treasure. Even if the treasure may be harmful to their country, as long as they can make a profit, they will not hesitate to do it."
"Aren't they... selling everyone out by doing this?" Originally, Lao Zhu hated such people very much, but the strange thing is that now he can't find a reason to hate these people.
.
Seeing Lao Zhu's troubled look, Han Du comforted him: "Your Majesty, as the saying goes, his heroes are my enemies. But on the other hand, isn't it the other way around? His enemies are my heroes?"
Yes, anyway, as long as they don't betray the people of Ming Dynasty, it doesn't matter who they betrayed. As long as it is beneficial to Ming Dynasty, isn't it enough?
Lao Zhu finally figured it out, nodded, and then asked: "Then why do they propose that the money they give to other vassal countries in the future should not be less than one to ten? What is the benefit to them?