Li Qi introduced some of the characteristics of the currency surface one by one, but these can all be seen with the eyes, and then heard him say: "Now through this glass, you may not be able to see the characteristics of the money paper.
In fact, the paper used for this bill is a kind of leather paper, which is more durable than ordinary paper. It is difficult to tear and wash off, and it cannot be altered with ink.<><>Novel
Because the writings you see are all printed with a steel seal, and the ink has penetrated into the leather paper. This is also for everyone's convenience, and it is difficult to steal. The real money note is four inches long and three inches wide.
Two inches and two, with a thickness of about two millimeters. As for the face value, the minimum denomination is ten guan, the maximum is 100 guan, and there are three denominations of thirty guan, fifty guan, and eighty guan."
Having said that, Fan Shaobai and others know that this is just the beginning. When the money tickets are issued for the second time, that will be the highlight. Money tickets with smaller denominations will definitely be issued, otherwise the meaning of joint issuance will be lost, because
It’s hard to get ten guan for a meal, unless you want to eat the Buddha Jumps over the Wall or Wuxiang made by Master Li, which is about the same. Of course, if you don’t have Xiang, you may not be able to satisfy even the money ticket, and you must exchange the ticket specially.
Okay, after all, that dish is so terrifying that eating it once in your lifetime is enough.
Li Qi continued: "This time, 500,000 guan of money notes and 6 million guan of currency will be issued, which is equivalent to a total of 6.5 million guan of currency issued." There is more money and less money notes. Is that because money notes or currency notes are issued?
Li Qi did not dare to invest too much as there was a risk of issuance, but the currency was urgently needed by the market, and six million coins was just a cushion.
The applause started again.
Anyway, as long as you can send out the currency, don't delay it any further.
Li Qi continued: "This is the end of the issue of currency issuance. Today, Chou Shi San Mo Fei Qian Bureau will issue a brand new currency to the outside world. If you want to get this new currency as soon as possible, you have to hurry up and get the new currency at home.
Exchange the iron money and tin money."
At this point, he suddenly moved his hand towards the two glass frames and said: "Everyone here today cannot do without some leisure activities. The two currency styles you see now only exist in six sets in the world today."
, in addition to this set, there is one set in the palace hall, one set in the Commerce Bureau, one set in the Third Department, one set in the Feiqian Bureau, and one set in the Agriculture Bureau.
Although there are still some differences between this money ticket and the real money ticket. After all, we can't make such a large steel stamp just for the style of these money tickets, but they are 99% similar, which is very rare, so the court
We have decided to auction this set of samples. The starting price for each sample is one hundred guan. The highest bidder will get it, and the money will be used to build the college. Okay, I will hand it over to the Commerce Bureau now. I'll excuse you for now."
In fact, he came here today not mainly to issue currency. If he was just to issue currency, wouldn't it be enough to put up a notice saying how much currency was issued. Introducing the new currency, that's it. It's such a big deal.
If you just say these few words about formation, it would be really grandstanding.
He came mainly to explain the purpose of this currency issuance, because the currency issued this time was not only huge, but also included money bills. In addition, it was also accompanied by many monetary policies. It was precisely because of this that Zhao Kai ordered him to go forward.
He came to host this press conference because he knows it best. If it were anyone else, he might not be able to answer some of the questions.
Such a large copper coin and such a large banknote have never been seen before. Moreover, this is the first currency issued by Zhao Kai since he came to the throne. It is of great commemorative value. The businessmen below are starting to get ready!
"Husband, thank you for your hard work."
As soon as Li Qi came down from the stage, Bai Qiannuo hurriedly went up and handed him a cup of tea.
Li Qi took the tea cup, took a big sip, and said with a smile: "It's just a joke. It's much harder to sell stinky tofu on the street with shouts. I'll leave it to you. I'll go to the back first."
Bai Qiannuo nodded and said, "Go quickly."
Li Qi drank all the tea in the cup in one breath, and then left quickly. He was just a guest. Although he had already taken the spotlight, it would be better to leave the more practical matters to the Commerce Bureau to avoid those businessmen.
The next time he went directly to the Privy Council to discuss business, that would be very bad, because Li Qi rarely went to the Privy Council.
"Li Qi, Li Qi, wait for me."
After Li Qi came out of the square, he went straight to a small attic on the left. However, when he came to the attic, he suddenly heard someone calling him from behind. He turned around and saw Cai Jing panting with the support of Cai Yong.
I am so angry that I want to come here.
Damn it, you old guy is about to be buried, why are you still here to get into trouble? Li Qi frowned for a moment, then walked over and asked with a smile: "Grand Master, why are you here? Why are you here?"
I thought you would be very interested in those two currency styles."
Cai Jing gasped slightly and said: "The Taiwei has already said that he will buy it as a birthday gift for me this year."
Brother Qiu is Brother Qiu. He is so quick to take action. It seems that he has to go to the xiayanei. Li Qi said sarcastically: "If the captain does this, then I have to save money now."
Cai Jing waved his hand and said: "Don't pretend to be poor here, I don't know how much money you have."
Li Qi said depressedly: "Grand Master, how could you do this? You even know my family background clearly, and I don't even have any money. What fun can I have as a human being?"
"Okay, okay, let's not talk about this for now. I have something to ask you." Cai Jing shook his head, very distressed.
Li Qi said with a hint of guilt: "Wha---what's the matter?"
When Cai Jing heard his tone, he immediately said: "You must know why I came here. Just now you deliberately ignored him. It's really disgusting."
However, this is Li Qi's usual behavior. Cai Jing has no time to argue with him now. Instead, he said: "Fifteen million yuan in three years, no matter how good your reasons are, this is unreasonable."
, it is simply impossible. If you are just trying to make up for the vacancy in the market, then in three years, the currency shortage will be even worse. There is only so much copper. How can your issuance method be sustainable? Where will you find it in three years?
Copper comes."
Li Qi listened silently.
Cai Jing added: "Li Qi, you know much better about currency than I do. I can see it, how can you not see it? You must have another purpose."
Li Qi still said nothing.
After seeing this, Cai Jing could only continue: "You can't make such a big mistake unless you have found a way to solve the currency crisis. Li Qi, you know, I turned my hair gray because of this currency, but
I was helpless, and in the end I couldn't even clean up the mess. Yes, I have done a lot of wrong things in my life. But this currency is the biggest failure in my life, and it was a complete failure. This has become my
I have a heart problem, if you know how to solve it, can you tell me, otherwise I will not rest in peace until my death."
After speaking, there was a hint of pleading in his voice.
Li Qi also couldn't bear it in his heart and sighed: "Grand Master, it's not that I don't want to tell you. It's just that the emperor has issued a hush-hush order. Only a few people know about it. Even Qin Shaozai doesn't know about it at the moment."
Cai Jing nodded repeatedly and said: "I understand that it is indeed difficult for you. But don't worry, I will be buried soon. Will you still fight for the money? The money is already enough. My great-grandson's great-grandson can't use it all. I can
I swear to God that I will never reveal even a single word. If I violate this oath, I wish God would strike with thunder."
Li Qi said depressedly: "Grand Master, there is something that cannot be said between us, but this is not because I don't want to say it, but because of the Emperor. You know the Emperor's temper."
Cai Jingke was also very shrewd and filtered the emperor directly. Without talking about these things, he said to himself: "Just treat it like me begging you. You don't know that I didn't sleep well for more than a year because of this currency, but why?"
I can't think of a way to solve it and fundamentally resolve this currency crisis."
Just when Li Qi was in a dilemma, a servant suddenly came over, bowed respectfully, and said: "Privy Envoy, Grand Master, your Majesty has invited you."
Li Qi hurriedly said: "Master, if you beg me, you might as well beg the emperor."
Asking the Emperor? If the Emperor is here, then you don't have to say it, but ---. Cai Jing sighed, his whole person seemed listless. He knew how the emperor could tell him now, but the emperor asked him, so he had to go even if he didn't.
ah.
The two came to the second floor of the attic and saw Zhao Kai sitting inside. The two stepped forward and bowed.
"No gifts, no gifts."
Zhao Kai stretched out his hand and said: "Master, please sit down." Then he said to Li Qi: "You can sit down too."
After the two sat down, Zhao Kai turned to Cai Jing and said: "Grand Master, I just saw it in front of the window. I also know what you want to ask, but I also ask for your forgiveness. Now is not the time. Three years later,
You will understand naturally, so don't force Li Qi, I won't let him tell anyone."
Cai Jing sighed bitterly in his heart and murmured: "Then I hope I can live for another three years."
These words tell the story of all the vicissitudes of life.
Zhao Kai and Li Qi both had a hint of emotion on their faces, but neither of them spoke.
Suddenly, Cai Jing opened his eyes suddenly and said: "I remember it, I remember it, it's silver, and the way to solve it is silver."
Zhao Kai and Li Qi both looked shocked.
Looking at the faces of the two of them, Cai Jing knew that he had guessed correctly, and said hehe: "Li Qi, do you still remember that when I was still the prime minister, I asked you whether gold and silver could be used to make up for the currency.
At that time, you said that this is indeed a solution, but our country has very few gold and silver reserves, and currency is a great weapon for our country. Once gold and silver are used, it will be equivalent to handing over this great weapon to others.
So you said you have to wait until there are enough gold and silver reserves before making plans. Now the imperial court opens the door to trade on the day of currency issuance, and also opens a flying money bureau at the border to specifically exchange currency. This will definitely intensify the outflow of currency. You
The reason why you are confident is because you have already planned to use silver as currency. I wonder if I am wrong."
Zhao Kai turned his head and looked at Li Qi expressionlessly.
Look at what I did. He was the prime minister at that time, and you were just a down-and-out prince. Of course I had to tell him. If I didn’t tell him, then this old guy might get some silver coins or gold coins. If that’s the case, then what else?
What's wrong with you? Li Qi rubbed his forehead and avoided Zhao Kai's eyes.
At this moment, the entourage outside the door said: "To report to the emperor, Qin Shaozai and the three envoys are outside the door asking for an audience."
Li Qi almost laughed when he heard this. It seems that the third commander's life is not easy either!
Zhao Kai clicked his tongue in annoyance, then waved his hand and said: "Let them come in."
"yes."
Soon, Qin Hui and Zheng Yi walked in. As soon as Qin Hui saw Zhao Kai, he saluted and said: "I am incompetent and can't help you to worry about me. Why should I ask the emperor to serve me as a minister?" His voice was very aggrieved. It was as if he was himself.
It's like my mother passed away.
Even if Zhao Kai had arrived early, he must have come here because of this matter. He rolled his eyelids and said comfortingly: "Okay, okay, I have no intention of hiding it from you. As a young master, you can hide this matter."
You, I just plan to tell you some time later. Since you are here, I will tell you now. Get up, get up."
"yes."
Qin Hui stood up.
Zhao Kai waved his hand and said: "You guys should sit down too." Then he said to Li Qi: "You tell them." Since Cai Jing had guessed it, he knew he couldn't keep it a secret, so he simply told them so that they could listen to them.
Opinion.
Cai Jing felt happy when he heard this. He had only guessed a small part of it. There were still many key points that he didn't know yet, and he was still confused.
Li Qi said hey: "Your Majesty, this is what you asked me to say."
Zhao Kai said: "Yes. If something happens, I will be responsible for it alone. If the people want to scold me, they can scold me. That's okay."
Of course that's okay. No, no matter you say it or not, of course you have to shoulder this matter. But Li Qi said hypocritically: "Then how can I do it? I must share your worries with you. If anything happens, I will
The Emperor will definitely take the blame."
Zhao Kai said impatiently: "Don't play this trick with me here. Let's talk about it."
"oh."
Li Qi said to Qin Hui: "Young Master. In fact, the emperor cannot be blamed for this matter, because I have mentioned this matter to the emperor a long time ago, but the emperor has always been hesitant. It was not until last year that the emperor made a decision, but this matter is related to
It's important. The emperor and I knew about it from the beginning. The three ministers and the economic envoy also found out when the coinage was increased. The emperor originally planned to talk to you, but this matter is of great importance. The fewer people know about it, the better.
Therefore, the emperor avoided the three provinces and six departments and issued it directly through the Legislative Yuan. Moreover, if he had made it clear to Shaozai in advance, Shaozai might object. The emperor did not want to cause more trouble, so he planned to issue it first and then explain everything to Shaozai."
Qin Hui said in surprise: "Would I object?"
Li Qi nodded and said: "To put it simply, this is a big gamble. If we lose, the situation may be very bad. Maybe the three of us will have to take the blame and resign, but this is another big gamble that we have to take."
.”
When Qin Hui heard these words, he felt the cold wind whistling behind him. Maybe the three giants would all take the blame and resign. What kind of gamble is this? But Qin Hui is Qin Hui after all. He then thought about it, you are not afraid of the Privy Council, I am still
What are you afraid of? Our bare feet are not afraid of those who wear shoes. And now that the matter has come to an end, it is useless to say anything. Thinking of this, he smiled calmly and said: "If the emperor thinks it is feasible, then Wei Chen is willing to accompany the emperor to take this gamble."
.”
When Zhao Kai heard this, he felt a little guilty in his heart. He nodded and said, "Young Zai, I have something wrong with this matter. I should have discussed it with you in advance."
Day. What are you doing, making it seem like I am the sinner behind the scenes? Li Qi was a little unhappy, and turned around and said: "Secretary Commander, please start with me first. What I just said made me feel a little dry.
Drink some tea to moisten your throat first."
I knew you would pull me out to support you. Zheng Yi showed a wry smile, and then said: "Qin Shaozai, you should also know that since the glass came out, the price of copper has begun to fall. From that time on, the imperial court has been secretly purchasing copper.
device."
Qin Hui nodded and said: "I know this. Now that several years have passed, the imperial court should have a lot of copper."
"Don't you already know how much there is?"
"I know?"
Qin Hui was stunned. He only knew how much money there was in the treasury, but he didn't know exactly how much copper was in stock. Suddenly he opened his eyes and said: "It can't be ---."
Zheng Yi nodded and said: "That's it. Apart from the copper needed for military use, the rest of the copper has been minted into currency, a total of 15 million coins."
Qin Hui was shocked when he heard this and said: "You mean, there is no copper in the treasury now?"
Zheng Yi hummed and said: "There is only a little bit left as a backup. Although the national treasury has been making profits in the past two years, there are actually very few copper coins recovered, because the copper coins on the market are already very few, and the people are
They used grain or cloth to pay taxes, and many merchants did the same. The court relied on foreign trade to exchange these excess grain and cloth into gold, silver, cattle, horses, sheep and other goods. Most of these newly issued currencies were recovered copper.
It is made from newly dug copper ore."
Qin Hui asked again: "How much copper can be mined every year now?"
Zheng Yidao: "Originally, we could still maintain the annual issuance of one million coins by relying on the newly excavated copper every year. However, in recent years, the extensive mining of copper mines has reached its limit. Many copper mines have been exhausted. In addition, every year
Military copper. I am afraid that in the future, only about 300,000 guan of currency will be issued every year, maybe even less."
Li Qi was tired after hearing this, and said: "Qin Shaozai, don't forget what kind of difficulties the emperor faced when he first came to the throne. The national treasury has already reached the bottom. If you really collect taxes, you can get 10 million
After all, this also includes the copper mines that are mined every year. In the past few years, we have dug out all the copper mines for the next five or six years at once, which can be said to be a huge profit."
What he said was extremely generous.
But Qin Hui was surprised and panicked when he heard this. He said: "But why is this? Once the currency flows into the market, it will quickly flow abroad. Not to mention that the imperial court has not issued a ban on copper. Even if it was issued, it would not be able to stop it at all.
, the more coins we mint, the more frantically countries like Xixia, Jin, Japan and other countries will buy our currency. Then the currency will be in short supply, but we will not be able to mint coins. If one million coins are issued every year, then the people will
Cherish the currency in your hands. Foreign countries may have to waste a lot of effort if they want to buy it. Although it is still impossible to stop it, at least it can reduce the loss of currency."
Cai Jing narrowed his eyes and said, "This is Li Qi's purpose."
"What?"
Qin Hui looked at Li Qi in surprise.
Li Qi nodded and said: "That's it. Otherwise, how can it be called a big gamble? I want to increase the outflow of currency and reduce the use of domestic copper coins. I will make plans for new currencies in the future."
"New currency?"
Qin Hui asked uncertainly: "Is the new currency money bills?"
"Of course not. Without copper, the notes are worthless."
Qin Hui asked again: "Is it gold and silver?"
"Exactly."
Li Qi nodded and said: "In the past three years, we will use our currency advantage to exchange gold and silver from other countries. In fact, setting up a flying money bureau at the border to avoid currency chaos is just one of the reasons. The main reason is
To be exchanged for gold and silver.”
Qin Hui said: "But why do we use gold and silver to make currency? I remember you said before, Privy Council, that our country has always been a copper-producing country. In terms of copper, Xixia and the Jin Kingdom cannot compare with us. If it is gold and silver,
, then we have to rely on other countries, which is equivalent to handing over this advantage to others."
Li Qi smiled and said: "You are right, but facts have proven that copper coins are not a long-term solution. When our country's economy was relatively sluggish, copper coins could not meet economic needs. Now that our country's economy is booming, copper coins are even more important.
It pales in comparison. The key reason is that copper coins are too cheap. They can only satisfy the small peasant economy, that is, the daily life of ordinary people. However, as people become richer and richer and their consumption becomes higher and higher, sooner or later copper coins will also suffer.
disuse.
It can be said that after three years, even if our country can mint two million copper coins every year, I am afraid it will only be a drop in the bucket, because copper coins can no longer meet economic needs. The shortage of currency will constrain economic development and cause the economy to stagnate or even regress.
Therefore, we should look for currencies with higher value as soon as possible. The value of silver is much higher than that of copper coins.
This is a simple math question. One copper coin weighs two cents. A thousand copper coins weigh seven and a half kilograms. Today’s silver price is because we rely on high-quality goods and universal currency to force it down. The real
Value, one tael of silver is worth one thousand copper coins, sixteen taels is equal to one catty, seven and a half catties is one hundred and twenty taels, one tael of silver is worth one hundred and twenty taels of copper coins, one catty of silver is equal to
For one hundred and twenty kilograms of copper coins, the court needs to mint one million kilograms of coins every year, which means 7.5 million kilograms of copper coins to meet the market demand. If it were converted into silver, it would only require 62,500 kilograms of silver."
This is not unknown. Once he calculated it, Qin Hui couldn't help being shocked. There was too much difference.
Li Qi continued: "As people go higher, money actually goes higher. Why has there never been such a serious currency crisis from the Qin Dynasty to the Tang Dynasty? Moreover, our coinage is several times that of theirs, and even
More than ten times, but we have been stuck in a currency crisis. That is because their economy is only a small farmer economy, the economic scale is very limited, and there are not many places to spend money. However, our economy is developing too fast, and business is blooming. Yanshan Prefecture
Farmers in the previous dynasty are almost taking it than the landlords in the previous dynasty. There are so many places that need money. Just like the people in the previous dynasty would not spend hundreds of money to go to the theater to watch a play. Now Jinlou, Fanlou, Zhou
The family's workshop and Uncle He Jiu's grocery store all make a fortune every day.
The problem now is that it's not that his goods can't be sold, but that others don't have money to sell them. But having no money doesn't mean they are poor. They have a lot of valuable goods, but they just don't have enough currency to operate these goods. They only have money to sell them.
The currency can no longer meet the demand of the market. It can be said that our country's current economic exchange can only be met by gold and silver. Gold seems to be a little more, and silver is just right. If we continue to use copper coins, sooner or later we will
When a more serious crisis breaks out, you will see people everywhere pushing large amounts of goods on the streets to buy firewood, rice, oil, and salt, because without currency, only goods can be exchanged. This is not progress, but a regression."
Although Qin Hui did not think of using silver to replace copper, Li Qi said it in such detail. Of course he understood that there is a supply and demand relationship in everything, and currency exists for the economy, but copper coins cannot meet economic needs. When the demand is huge
If the supply is insufficient, then another currency will appear to meet the needs of the economy.
Throughout history, currencies have evolved from shell coins to copper coins, to silver coins in the Ming and Qing Dynasties, and then to gold coins. It can be seen that the economic demand for currency is getting higher and higher because the economy is becoming more and more developed.
Cai Jing nodded and said: "I also think that silver can be a good substitute for copper, but the prerequisite is that we have more silver. Regardless of these things for the time being, what I don't understand is that this matter can be done slowly, and the risk will not be so
Da, why are you in such a hurry?"
Li Qi sighed: "Do you really think that fifteen million is a lot?"
Qin Hui said: "But it is definitely a lot. Even if it is issued in three years, I actually think eight million guan is enough. In the first year, five million guan will be issued to repay the debts of the previous years, and then one hundred million guan will be issued every year."
Wan Guan, in fact, one million Guan can be satisfied without any loss. The reason why Xining implemented the reform was because the court did not want to see the loss of currency, not because this million Guan was too little."
He values his status more. Now his status is rising steadily. Stability is an ideal situation for him. Once this happens, there will be too many variables, and Li Qi's status will be more stable. This is also the reason why Zhao Kai
The reason for not discussing with him in advance was because Zhao Kai knew that he would definitely object. After all, he was the prime minister, and the emperor could not turn a blind eye to his opinions.
Li Qi shook his head and said: "Shao Zai, that was during the Xining period, but now it is the Revitalization year, and the satisfaction you are talking about is a kind of satisfaction that hinders economic development. I looked at it in detail at the beginning of last year.
Looking at the Commerce Bureau’s records, our economy is actually going backwards, not forward.”
"This---how is this possible?" Qin Hui said in surprise.
Li Qidao: "Economic growth does not depend on how much money the treasury earns, but on the growth trend. If the growth trend weakens or flattens, it is going backwards. According to my survey, if there is enough currency on the market,
Our economy in the Song Dynasty will be nearly twice as high as it is now."
"Double?"
Qin Hui and Cai Jing were both shocked.
What kind of concept is this? If it were doubled on the current basis, it would simply be impossible to budget.
No wonder the emperor was tempted. Qin Hui now vaguely understood why Zhao Kai would take this gamble, because the temptation was too great, but the premise was that what Li Qi said was true, but he still couldn't believe it, and said:
"Privy Councilor, this seems to be a bit exaggerated."
Li Qi shook his head and said: "Nothing at all. You can see it from the drop in prices."
Qin Hui said: "Isn't the price drop due to the imperial court's policies?"
Li Qi smiled and said: "It used to be true, but not anymore. The current price drop heralds an economic recession."
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