Chapter 873: Broken Window Effect and Circulation Nationwide
Chapter 873 Broken Window Effect!
Yao Yun is extremely satisfied with the magical power of the source of wealth artifact [Treasure Gold Paper], and is very optimistic about the future of this growing artifact.
At present, Xiguo coins have just been issued, and even Xiguo has not yet been able to truly circulate. Everything is just getting started.
This magical tool [Treasure Money and Gold Paper] can buy the ownership of most of the treasures in the world.
In the future, as Xiguo's coins circulate throughout the world and financial capital develops, the power of [Treasure Banknote Gold Paper] will inevitably be further enhanced. When the magical power [Banknote Ability] comes out, whether it is a divine item or not, artifacts can be purchased!
Maybe when he ascends to heaven in the future, this [Treasure Banknote and Gold Paper] can become one of Yao Yun's important supports.
Whether it was for the development of the Xi Kingdom or to enhance his personal strength, Yao Yun was full of enthusiasm for the implementation of the sovereign currency of the Xi Kingdom. He tried it everywhere with [Treasure Banknotes and Gold Paper]. After getting addicted to it, he soon devoted his energy to
Promote the Xiguo currency.
In fact, with Yao Yun's prestige and the credibility of the Xi Kingdom government over the years, there was not much opposition among the people of the Xi Kingdom after the issuance of the currency reform decree of the Xi Kingdom.
Firstly, since Yao Yun took charge of the Xi State, he has worked hard to manage it. In less than ten years, he has turned a small and run-down country into a large and dominating country. The people have gone from poverty to a well-off road, creating a miracle of overnight rise.
The people of the country have great love for Yao Yun and unconditionally trust that Yao Yun can lead them to greater glory;
Secondly, although Xiguo's currency is a paper currency issued with national credit and is not as stable as real money, Xiguo's treasury has three million taels of gold reserves. Xiguo produces countless goods every day, whether it is for the people
He is still a businessman and does not have too many worries about the value of Xiguo coins;
Generally speaking, the birth of the sovereign currency of the Xi Kingdom was quite smooth, and it was not as difficult as imagined. The people in this era were illiterate and did not understand much. However, because it was a blank piece of paper, they were relatively good at accepting new things.
.
Of course, although the people trusted the monarch and the officials of the Xi State, after the currency bill was promulgated, not many people took the initiative to take the gold, sword coins, and copper shells they had saved at home to the state-owned banks of the Xi State to exchange them for Xi Guo coins.
Anyway, the gold and coins at home will not rot.
The people neither opposed nor took the initiative, they were just waiting and watching.
The situation reached a deadlock for a while.
"Your Majesty, very few people take the initiative to come to the bank to exchange money with gold and knives and coins these days. Most of them are people who want to buy rice and salt. The number of Xiguo coins currently circulating in the market of Xiguo is far from what is expected."
Sun Muyue reported to Yao Yun on the issuance and market introduction of Xiguo coins.
After the currency bill was promulgated, the state-owned grain store Mihang Salt Store quickly responded to the policy and announced that transactions in the store could only be done in Xiguo currency. In order to buy affordable salt and rice, people took out some coins to exchange for Xiguo currency.
According to this method, by virtue of touching all aspects of the state-owned industry, it will take less than a year and a half for the Xiguo currency to be fully circulated and spread naturally.
Normally, Yao Yun wouldn't be in a hurry and would just take his time.
However, with the golden light of destiny coming to him and the vision alarming the ghosts and gods from all over the world, Yao Yun unconsciously felt a sense of urgency.
Others may not know the origin of the golden light, but Yao Yun knows it very well.
How many ghosts and gods covet the opportunity for the God of Wealth to become enlightened!
Yao Yun did not dare to take chances, thinking that all the gods in the world had not guessed it.
What if someone really sees it?
If the emperor, Emperor Mu, or other powerful princes intervened and imitated the Xi State in launching a credit currency and seized the market with their own advantages, then Yao Yun would have a headache.
It's not that he's afraid of competition, or that he doesn't have the confidence to fight, but he doesn't want to fight an unprepared battle.
Prepare for a rainy day, stabilize the situation as soon as possible, and build the Xi Kingdom into an impregnable base camp. With a foundation, he can wholeheartedly develop the entire Zhuxia Dynasty and let Xi Kingdom coins circulate throughout the Zhuxia Dynasty.
Sun Muyue saw that Yao Yun was deep in thought and understood that the king was not satisfied with the progress of the implementation of Xiguo currency. She then pondered for a while and asked: "Your Majesty, why don't you call on the powerful nobles of Xiguo, merchants, and military officers to exchange Xiguo currency?
The people are just waiting and watching, as long as someone is the first to do it, the people will soon follow suit."
"Yeah~ It's feasible." Yao Yun nodded. Although Sun Muyue didn't understand the "broken window effect", she saw the matter clearly.
It wasn't that the people didn't trust him as the king, nor did they have no confidence in the country of Xi. It was simply that they were afraid of the hard life and were too cautious to exchange all their family savings for coins of the country of Xi.
But if someone takes the lead, the situation will be very different.
That afternoon, Yao Yun issued three royal orders in a row.
The first royal order was sent to all the elite divisions and garrison troops in each county of Xi Kingdom.
The second royal order was sent to the officials and nobles of Xi Kingdom;
The third royal order was sent to all trade associations;
The wording in the Wang Ling was simple and clear, without going into too much detail, but once Yao Yun opened his mouth, it was quite powerful.
Especially the military lieutenants, who have always regarded it as their bounden duty to obey the king's orders. That afternoon, the military lieutenants stationed in various places of Xi Kingdom took turns to take turns in batches. They took all their gold and sword coins into the city bank to exchange for Xi Kingdom coins.
Officials, nobles, and merchants from all walks of life did not dare to ignore the king's order. However, they were not as loyal and upright as the military officers. They were all a little cautious in private. They only took half or a small part of the gold and went to the bank to exchange it.
Xiguo coins.
Although the noble officials and merchants of the Chamber of Commerce hid their intentions, Yao Yun and Sun Muyue achieved their goals.
When the army lieutenants, noble officials, and merchants from the chamber of commerce carried gold in their pockets and pushed a cart of coins to the bank to exchange them for Xi Guo coins, the people of Xi Guo were immediately attracted by it and started talking about it.
"That's the housekeeper of the county gentleman's house. The county gentleman went to the bank to change money. Hey, there are several carts of coins here."
"Oh~ That's not shopkeeper Han. He is a famous businessman in our county. Look at the money in the truckload, you can't even see the edge~"
"What happened today? Why are everyone starting to exchange Xiguo coins? I always feel that he is unreliable. If someone forges a piece of paper and counterfeit coins are rampant, then the coins will be worthless. Wouldn't it be a huge loss for us?
?”
"You shouldn't worry about this. The young students from Tianwen Academy said that these Xiguo coins are not ordinary mortal objects. They have special anti-counterfeiting secrets. Even if ghosts and gods make counterfeit coins, the bank can tell them at a glance. You can exchange them for Xiguo coins."
Coins, there are people at the bank who will teach you how to identify Xiguo coins."
"Is there still such a thing? No wonder so many people are exchanging Xi Guo coins now, and the old man has also changed it. There are many things on the market that can only be bought with Xi Guo coins, and you will have to exchange them sooner or later."
"Yes, I also believe in the king. If you believe in the king, you will not suffer any loss!"
...
The people always follow the crowd. After the military officers, nobles and merchants exchanged Xi Guo coins, the common people followed suit and took their gold and knife coins at home to the bank to exchange for Xi Guo coins.
For a time, the Xi people had a large amount of gold, and the sword coins were nationalized. After the gold was deposited in the Xi Kingdom treasury, new Xi Kingdom coins were issued, and the sword coins were melted and made into round Xi Kingdom coins...
The currency system of the Xi Kingdom quickly derailed from that of the Xia dynasties and formed its own line, and began to circulate widely in a very short period of time.
.....
The currency reform of the Xi Kingdom is in full swing, and its impact is far-reaching. Not only the Southern Wilderness countries that have close contacts with the Xi Kingdom are paying close attention to it, but even the imperial capitals of the Celestial Dynasty and the countries in China and Turkey are also discussing it.
In particular, Shang State, the birthplace of merchants, was even more sensational because of Xi Guo coins.
After discussing for a whole day, the king of Shang State was exhausted and soon fell asleep.
And not long after he fell asleep, a majestic and stalwart figure appeared in his dream.