There were only three people, father and son, in the Qianqing Palace. The palace people had long been dismissed by the prince.
"Father, think twice. What the common people say makes sense. Paying off work and ink expenses not only defrauds the common people, but also damages the credibility of Baochao!" The prince also agreed with deep understanding.
"Then just keep giving them new banknotes for free?" Boss Zhu's small-farmer consciousness struck, and he felt distressed.
"What do you mean by exchanging new banknotes for free?!" Zhu Zhen couldn't help but taunted him on the spot. "Why don't you tell me, why don't you just take a piece of paper and exchange it for something that is worth a thousand cash to ordinary people?!"
"This..." Boss Zhu blushed when he was asked, but he had to be strong all his life, how could he let his son teach him a lesson? He immediately said loudly: "Then the court will have to die sooner or later!"
"What a huge loss! First, with the large-scale printing of treasure banknotes, the cost will be greatly reduced. One penny for each note is too much. Why do you charge thirty penny from ordinary people? Not even black-hearted businessmen are that black! Second, The imperial court can issue tens of millions of new treasure banknotes every year. Compared with the income, the cost of printing money is only a drop in the bucket! According to the principle of who benefits, who is responsible, the imperial court should bear the responsibility.
"Third, the imperial court continues to invest treasure money into the people to circulate the economy, so that the country can be strong and the people will be rich. This requires keeping the treasure banknotes from depreciating, and it will be worthwhile no matter how much money is spent!" After a pause, Lao Liu continued to mock. : "How to run a good country if you don't understand the economy, dad!"
"..." No matter what Lao Zhu did, the prince blushed first, feeling that he was really ignorant.
"I'm calling you a brat, I'm calling you a brat!" However, the old thief became so angry that he couldn't find the thorn stick, so he took off the soles of his shoes and whipped him.
"Am I wrong?! Why can the imperial court use paper as money? That is the people's trust in the Ming Dynasty! It was earned by my father by expelling the Tartars and restoring China! The people believe in you, Emperor Hongwu, and will not cheat them. , will accept treasure money!"
Lao Liu picked up his trousers and jumped up and ran, shouting loudly as he ran: "My father used a piece of paper to exchange the people for a thousand coins. Do you think you have made a profit? Do you think you have not paid anything?
"No, that's a big mistake! You've sacrificed your own reputation and overdrawn the country's credit, you idiot!"
"Who are you calling stupid?" Boss Zhu, who was already looking thoughtful, became furious again after hearing this!
With one bare foot and one shoe in hand, he followed behind.
"Stop for me!"
After all, Lao Liu had an injury on his buttocks. He couldn't run fast with a limp, and he would eat the soles of his shoes all of a sudden.
"Lao Liu, talk to your father and don't ask for trouble." The prince quickly advised Lao Liu: "Idiot, run around the pillar!"
Hongwu chased the King of Chu, and the King of Chu ran around the pillar, saying:
"How did the Yuan Dynasty end? It was because they ruined their money-making skills. The treasure notes they issued were worthless, no one accepted them, and no one used them. In the end, they died of poverty!
"If my father doesn't learn from the lessons of the Yuan Dynasty, once the Ming Dynasty's banknote method is corrupted, the country will be doomed! You don't want to wait for your grandchildren, and there will be no banknotes to use, right?"
~~
The lessons of the Yuan Dynasty are not far away, so Boss Zhu is still very vigilant about the depreciation of treasure notes. He does not completely let the treasure notes depreciate as Lao Liu thought. Instead, he has been actively maintaining its value.
For example, in March of the 17th year of Hongwu's reign, less than ten years after the Ming Dynasty's banknotes were issued, Zhu Yuanzhang issued an order to stop issuance. The apparent reason was that "the state has sufficient supplies and wants to relieve craftsmanship," which means that the banknotes are already enough.
, let the craftsmen who mint the coins rest.
In fact, it is to cope with the continuous depreciation of treasure banknotes and stabilize business people's confidence in treasure banknotes.
So by the end of the 18th century in Hongwu, the consistent banknotes could still be exchanged for 400 Wen...
By the 23rd year of Hongwu's reign, treasure notes were exchanged for 250 copper coins.
In order to curb the depreciation of treasure banknotes, in August of the 27th year of Hongwu, Zhu Yuanzhang even issued an edict banning the use of copper coins in transactions. At least the treasure banknotes were not completely used up.
But after his death, first the good saint Sun Jingnan, and then the great fourth son who was so happy with his achievements built this, built that, went out to Mobei six times, and made seven voyages to the West... all of this cost a lot of money! What should I do if I don't have money? Issuing money like crazy
, as a result, the treasure money was ejected in one go.
Worthless, completely hopeless...
~~
So after Boss Zhu beat Lao Liu violently, he still asked shamelessly: "What do you think we should do?"
"Actually, if you want to keep the value of banknotes stable, you need to do three things. One is that you can exchange old banknotes for new ones for free. In this way, there will be no price difference between old and new banknotes, and people will not reject old banknotes and can safely save valuable banknotes.
"
The sixth child then began to chat, and if he hadn't been beaten so badly that his nose was bruised and his face was swollen, he would have looked like a wise king.
"The second is that you can't just put it in but not take it back, or put more money and less money. You must not show a preference for copper coins. You must treat treasure coins and copper coins equally. Only when the court firmly believes that banknotes are money, the people will not value money over money!
"
"Well..." Boss Zhu and the prince nodded together, both listening very seriously.
"The third thing is to strictly control the amount of banknotes issued." Zhu Zhen said solemnly: "Especially in the early stages of establishing credit, for example, each year cannot exceed 10% of the previous year. The most important thing is that the regulations stipulate
Once it comes down, you have to abide by it. This is definitely not as convenient as printing money randomly, but once it is issued indiscriminately, it will inevitably repeat the mistakes of the late Yuan Dynasty. So this is a matter that will test the emperor's self-control."
"Humph, that's no problem..." Zhu Yuanzhang showed a proud smile. When it comes to self-control, he can be called the best emperor in history.
"As long as you always remember that you are not taking paper, but taking your own credit in exchange for wealth in the hands of the people, you will not be wasting money indiscriminately." The prince also said that he had no problem.
"Yes. My father and eldest brother must be able to restrain themselves." Zhu Zhen nodded and sighed: "But to be honest, anything that is supported by credit will go bankrupt sooner or later. There will definitely be things that future generations can't uncover.
When the heat of the moment comes, there will definitely be people who can’t help but post spam.”
"Well." Zhu Yuanzhang said in a deep voice: "We can make a law set by our ancestors. Who dares to violate it?"
"Haha..." Lao Liu chuckled and said, "This will definitely be a lot better."
He wanted to say that the ancestral method was nothing. In fact, you took too big a step and hit your balls. But he really didn’t dare to be beaten again, so he said tactfully:
"When Yunnan is recovered in the future and there is Yunnan copper, the imperial court should gradually allow the people to exchange it freely. Then let go of the ban on gold and silver. Gold and silver are naturally currencies. If we don't let the people use them, isn't it a trap? Who are we cheating?
We can’t cheat the common people. Only in this way can the old Zhu family’s world last forever, right?”
Lao Liu, Lao Liu, used words in the last paragraph. He knew that the old thief would definitely not be willing to let the people exchange their treasures for copper coins. So he finally blocked the old thief's mouth with the words that the old thief often taught them. Let
The old thief was too embarrassed to reject his proposal directly. He could only leave it to the future...
ps. Over the weekend, I was not worried, and I have only finished one chapter now...
