Zhao Yun said: "The imperial court has no money and cannot support the stability of Jiaozi's currency. Now I think there is a way to try, that is to stabilize Jiaozi in the form of tax collection. Merchants can use Jiaozi when paying taxes.
In this way, it should be possible to stabilize the currency value of Jiaozi and restore people's confidence in Jiaozi."
Qiao Xingjian, Yuan Shao, Zhen Dexiu and Cheng Jue were all surprised.
Qiao Xingjian said: "Your Majesty, merchants use jiaozi to deduct taxes. Then the court will take back a lot of jiaozi. If they can't use it, it won't even be able to pay salaries and military pay."
"Don't worry, Qing family, this won't happen."
Zhao Yun had to explain to them in detail. Zhao Yun said: "The imperial court's recycling of Jiaozi was carried out gradually. Jiaozi can account for 30% of the taxes paid by merchants, and the remaining 70% is still gold, silver and copper coins. In this way, the currency value of Jiaozi
You can pull it up and return it to its original value."
Qiao Xingjian asked: "Your Majesty, what should I do with the recovered Jiaozi? Should I destroy it or continue to use it?"
Zhao Yun naturally had a plan in mind, he said: "After Jiaozi takes it back, destroy them all, and then print banknotes with smaller denominations, such as ten coins per note, fifty coins per note, and one hundred coins per note.
In the past, the face value of Jiaozi was too high. Ordinary people would have no chance to use it if it cost ten guan or a hundred guan in their lifetime. Big businessmen did not dare to use it because they were worried that it would depreciate in value and could not be cashed. But if the face value is small, it can be circulated smoothly.
Moreover, banknotes are money, and like gold, silver, and copper coins of the same value, there is no exchange problem, so it will be more easily accepted than Jiaozi."
"Banknotes?"
Qiao Xingjian, Yuan Shao, Cheng Jue, and Zhen Dexiu looked at each other with surprise on their faces. This was the first time they had heard of banknotes.
Although the previous Jiaozi had a face value and could be exchanged for copper coins, it was not actually a paper currency.
Because according to Jiaozi's initial process, Jiaozi with a face value of ten guans was issued first after having ten guans of copper coins. After Jiaozi was taken back to the court, the court would also prepare a certain proportion of gold, silver and copper coins to facilitate exchange. This is how he
For formal circulation, Jiaozi is actually a note pledged with gold, silver, and copper coins, and the preparation is said to be an bearer deposit check.
Zhao Yun's banknotes are completely money. Once printed, they can be used as copper coins, gold and silver. This has never happened before. How can it be done like this?
It was Zhen Dexiu who was the first to come to his senses. He worriedly said: "Your Majesty, what will happen if the people don't recognize these banknotes? Banknotes and handouts are both printed on paper. If they are distributed indiscriminately in the future, wouldn't it be necessary?
If it becomes worthless, then people will have to abandon banknotes and choose gold, silver and copper coins."
Zhao Yun remained calm and said: "The banknotes are money when they are printed. As long as the face value can be recognized and the banknotes are genuine, no one is allowed to refuse them for any reason, including the government offices. Violators will be punished."
As for indiscriminate issuance, this is not the case. In fact, printing and issuing banknotes is the same as minting copper coins. If copper coins are minted without restrictions, wouldn't it also reduce the value of copper coins?
Money is just a symbol that facilitates mutual transactions. How much new money is printed depends on the overall wealth of a dynasty and the value of the goods produced. If it is issued indiscriminately and money is printed blindly, in the end, you can buy things that can only be bought with ten cents.
It costs a hundred pennies, so what’s the point of printing an extra ninety pennies?”
Zhao Yun's words were easy to understand, and Qiao Xingjian, Yuan Shao, Cheng Jue, and Zhen Dexiu all understood them. They also felt that banknotes were not so unacceptable.
However, since the matter was such a big one, they still suggested that such an important matter be discussed by officials at the court meeting, and then a decision could be made.
Zhao Yun said: "It's okay for officials to discuss it. After all, there are still many details that need to be improved in the issuance of banknotes, but the implementation cannot be changed. As the most influential officials in the court, you should know the pros and cons and support me.
decision."
The four of them looked at each other, thinking that the officials were so powerful that the ministers had no choice but to obey.
After exiting the Funing Palace, Cheng Ju hurriedly raised his hand and said: "Three envoys, I still have some official matters that need to be dealt with urgently, so I'll go ahead."
After saying that, Cheng Jue left quickly.
As soon as Cheng Ju left, Zhen Dexiu suddenly thought of something and said: "I happen to have important official business to attend to, so I'll take my leave first."
When Qiao Xingjian saw Cheng Jue and Zhen Dexiu leaving in a hurry, she didn't take it seriously at first, saying that they really had official business.
But soon, Qiao Xingjian also woke up, with an anxious look on his face, he raised his hands and said something to Yuan Shao, and left in a hurry, as if his home was on fire.
"Hey, once in a lifetime, everything is just passing by, so why bother with worldly things."
Yuan Shao shook his head and sighed, and walked towards the Political Affairs Hall as if taking a leisurely stroll.
Soon, people were buying Jiaozi from all over Lin'an. The original Jiaozi with a face value of 700 yuan could be purchased. These people directly increased the price by 20 to 50 yuan, which was surprising.
The second day, Funing Hall.
Zhao Yun looked at the report sent by Gang Gang and Zhang Chu. In the report, Zhang Chu reported to Zhao Yun that someone was buying up Jiaozi on a large scale.
Now that the Imperial City Division had sufficient manpower and was working efficiently, Zhang Chu quickly traced the identities of those who acquired Jiaozi.
If they were ordinary people, Zhang Chu would arrest them directly for interrogation. However, the identities of these people were not simple, and Zhang Chu had to ask Zhao Yun for instructions first.
"Why."
Zhao Yun sighed and closed his eyes weakly. When the water was clear, there would be no fish, but these fish were too eager to eat. Wait, if there is a chance in the future, I would have to deal with these guys.
At this time, Zhu Zhu, the Minister of Punishment, asked to see him. Zhao Yun was slightly startled and immediately guessed the purpose of his visit.
As expected, Zhu Zhu came here for Li Quan's matter. After detailed interrogation and multiple verifications of Li Quan's rebellion, the results were obtained.
The reason why Li Quan's Rebellion was so big had a lot to do with the blind arrogance and unauthorized actions of Xu Guo, the former leader of the Huaidong system. It was his irrational behavior that ultimately led to Li Quan's Rebellion.
If Xu Guo had followed Zhao Yun's instructions, even if the execution of Li Quan failed, it would not have resulted in such trouble.
However, it was no longer possible to hold him accountable at this time, because he had already died in the hands of the rebels. In other words, he was an unyielding martyr, which made Zhao Yun angry.
"Let Li Quan's crimes be made known to the world, and all his men will be beheaded as soon as possible."
"Yes, Your Majesty."
After receiving the instructions, Zhu Zhu left to make arrangements.
Immediately, three days later, Li Quan and his party were beheaded in public. Li Quan's rebellion was completely marked. The people were also excited that the court quickly put down Li Quan and cheered.