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Chapter 499 Xu Yous Currency Reform

As the currency reformer of the Yuan clan, Xu You knew that exchanging paper money for other people's real money was an offending job, so he was determined to cut the knot with a sharp knife and complete this currency reform with an iron fist.

He recruited 5,000 elite soldiers from Yuan Tan to form a tax camp. At the same time, he used his connections in Yingchuan to recruit hundreds of children from Yingchuan Academy and the Sili clan to assist him in completing the tasks of Yuzhou and Sili.

Currency Promotion Action!

He also knows that this currency reform cannot offend everyone, otherwise the reform will not proceed. He needs a strong ally to help him bear the pressure! As Xu You is a son of a noble family, it is natural to find allies.

He is also a member of the noble family!

After these preparations, Xu You carried out his currency reform in a big way. He first established tax offices in various places, and at the same time printed a large amount of banknotes to exchange for money in Sili territory of Yuzhou.

Xu You also knew that banknotes needed to be circulated with collateral. Lei Gong used grain and cloth, Liu Bei used grain, silk and salt, and Cao Cao also used grain and salt. Yuan Tan did not have any of these things.

Even most of the salt industry was controlled by the Hedong nobles. The most they could do was give Yuan Tan some face and give him some profit, but it was impossible for Yuan Tan to completely control the salt industry.

Although the land in Sili, Yuzhou is fertile, Yuan Shao and Yuan Tan are leaders elected by the alliance of noble clans. Their origins determine that it is impossible for them to follow Xu Wei's example and divide the land. At the beginning, Yuan Shao traded his land for land.

The military power only produced 300,000 troops. Most of these lands were still controlled by the powerful gentry in Sili, Yuzhou.

At the same time, because Yuzhou Sili has been developed for thousands of years, Yuan Tan cannot even imitate Liu Bei in farming and reclamation! Yuan Tan, who cannot control the land, naturally does not have much food in his hands, and without food currency, there is naturally no mortgage.

Something!

Even a fool would not be fooled if he had nothing in his hand but wanted to exchange it for other people's real money. So how to promote paper money was a huge headache for Xu You!

In the end, Xu You discussed with his subordinates for three days and three nights. Everyone understood that banknotes need to be collateral, and they could not find goods in Yuzhou to use as collateral, but they had rights and could use their rights to become collateral for currency!

As long as the officials of Yuzhou collect land taxes or commercial taxes from now on, they will not be able to use copper coins for transactions, but must have banknotes issued by them in Yuzhou. In this way, the people in Yuzhou who want to pay taxes must go to their tax department to exchange them first.

Get out the banknotes!

At the same time, they can also prohibit the use of copper coins in private transactions, and must use the banknotes issued by their Yuzhou for transactions, so that the banknotes can be promoted throughout Yuzhou!

Xu You was overjoyed after hearing this. Although this was enforced with power, there was no need to prepare collateral. Although there were risks, as long as they controlled the circulation of banknotes and made the people believe that these could pay taxes, banknotes could be completely replaced.

As for the role of copper coins, it can be said that credit currency is the most suitable for Yuzhou now!

Of course, for the sake of insurance, Xu You still felt that the missing copper coins and gold and silver should be used as collateral, so that the people of Yuzhou would trust the banknotes they issued more!

After Xu You reported his currency reform measures to Yuan Tan and others, Yuan Tan and others asked after reading it: "If the people use the banknotes in their hands to pay taxes, then what is the use of the banknotes we found?

"

Xu You said confidently: "Ming Gong, there is a saying in Hebei that currency is just a general equivalent. This makes sense. The reason why copper became copper coins thousands of years ago is because copper has a great role and can

Everyone needs bronze to make bronze swords, bronze armor, bronze farm tools, and various bronze items. The bronze in hand can also be easily exchanged for other goods, so bronze becomes copper money.

And now the use of copper is so different from that of white paper! Copper is not as strong as iron, and copper swords and bronze armor have been replaced by iron swords and armor! Even bronze mirrors have been replaced by glass mirrors! Today's copper can be said to be completely useless.

So now the Han people still use copper coins. Firstly, the quantity of copper is scarce, and secondly, it’s thousands of years of custom. In fact, there is not much difference between copper and white paper! Copper can be made into copper coins, and white paper can naturally be made into banknotes. The key now is that we make

Everyone believes that banknotes can be exchanged for what they want, so our banknotes can be promoted!"

"As long as paper money is promoted in Yuzhou and Sili is promoted, we will obtain folk copper coins from the two places. By then we will have enough copper coins to make artillery! And we can use paper money to buy weapons, armor and various kinds of things in Yuzhou

Goods, this can allow us to recover faster, and this alone is enough for us to use tax revenue as collateral to promote banknotes!"

After hearing this, Yuan Tan had some insights. After the Central Plains War, Yuan Clan lost nearly 200,000 troops and Yanzhou. It can be said that Yuan Clan's strength was seriously damaged, but facing Lei Gong, he still had to find ways to quickly recruit 200,000 troops.

Restore strength.

Yuan Tan and his close advisers calculated that if they wanted to restore the 200,000-strong army and cast 500 artillery pieces, it would cost at least 5 billion. This figure was simply not something that the current Yuzhou Sili could afford, so he

The reason why Xu You was anxious to carry out currency reform was because he wanted to make money!

But Guo Tu retorted: "Now bronze has a greater role and can be used to make bronze cannons! You see, all the forces in the world are restricting the export of copper coins! How can you say it is waste!"

But Xu You said confidently: "What use are artillery to ordinary people? Now the princes of the Han Dynasty exchange banknotes for copper coins, not just to collect bronze to cast artillery! But who would think of ordinary people?

Cast artillery! To the common people, bronze is nothing but waste!"

"So if we want to let banknotes circulate in Yuzhou, we can only use the tax revenue of the entire Yuzhou Sili as collateral. We have no other choice at all! As long as the banknotes in the hands of the people can pay taxes, they will not

Do you mind whether the money in your hand is copper coins or banknotes?

For businessmen, using banknotes is more convenient than using copper coins. As long as we insist on being able to freely exchange private copper coins and gold and silver and gain their trust, they will use banknotes for transactions, and we can use banknotes to trade.

The copper coins of Yuzhou and Sili are gathered in our hands!"

Feng Jidao: "If we had copper coins, gold and silver, we wouldn't need to issue banknotes. You have to freely exchange gold and silver. The banknotes we issue are not trying to make a fish out of wood!"


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