Zhu Yunxuan frowned slightly.

Of course he had heard about the problem of Ming Dynasty treasure banknotes.

In the early years of Hongwu, Ming Dynasty used copper coins as legal tender.

However, the war with the Yuan Dynasty was still ongoing at that time, and a large amount of copper was used in war and other aspects, and there was a serious shortage of raw materials for making copper coins.

On the other hand, the weight of copper coins also limits its circulation.

Small monetary transactions are fine.

Large quantities of copper coins are quite inconvenient.

So, in the seventh year of Hongwu, the Ming Dynasty set up a department to raise treasures and cash.

In the eighth year of Hongwu's reign, the printing of Ming Dynasty currency notes officially began, replacing copper coins.

The Ming Dynasty treasure banknotes played a vital role in the consolidation of the political power and the recovery of the economy after the founding of the Ming Dynasty.

Isn't the derogation too outrageous?

Liu Hanmo took a deep breath, bent down and cupped his hands and said: "Shangguan suggested that Xiao Ming Zhu Yun be abolished in Suzhou and use silver coins and copper coins as currency instead."

The impact on previous lives was extremely profound.

There are many silver mines in Xiaoming, and the silver mainly comes from sea trade.

Therefore, even if it saw Yin Qiong's value depreciating more and more, the court would always have the ability to stop printing money.

But although Lao Zhu was a ruthless man who conquered the world as a beggar, his abilities were unparalleled in ancient and modern times.

That's a lot of money.

Baochao's silence is the word.

I have no idea what to do next.

I've been thinking about how to save Xiao Ming Zhu Yun, but abolish it.

At most, there is a problem of counterfeit banknotes outside old banknotes.

Control the country's economic lifeline accordingly.

Do officials still need salaries?

I know that currency reform must be rolled back.

Liu Hanmo was stunned for a moment, and his confusion was solved.

"Since His Majesty Taisun is determined to revitalize commerce and use commercial taxes to cover the court's expenses, he will definitely be able to repay this and that amount of money."

This resulted in many cases and many people were convicted, but the results were still minimal.

Baochaoren was thinking in his mind.

An inch may be longer, and a ruler may be shorter.

The imperial court's financial situation was temporarily solved, but the people bought into it.

Historically, Xiao Ming Yin Qiong completely collapsed after a few years.

But, how to plant in advance?

Will all construction projects continue to be delayed?

But in the current situation of Xiaoming Zhu Yun, it is not difficult for him to assume the role of currency as a special equivalent.

When the currency becomes like this, it only affects the country's finances.

With very little financial knowledge from his previous life, Bao Chaoyan saw things deeper than we did.

"As for the new banknotes, they are always worth more than 200 yuan."

Xiao Ming's entire financial system is actually on the verge of collapse.

Yin Qionghuan looked at Liu Hanmo and asked, "Is it possible that he doesn't have any bad ideas?"

"It's just that, now that there are too many taxes, money and grain are collected, wealthy businessmen are also willing to lend money and grain to the Yamen."

On the contrary, the more you print, the less you print.

No wonder no one says that printing money is worse than taking drugs.

By printing treasure banknotes, the power of currency casting and circulation in society is also controlled by the government.

The Ming Dynasty banknotes did not have any gold or silver goods as collateral, nor did they have reserves. They were printed out of thin air.

As a result, financial difficulties were alleviated and huge military expenditures were financed.

Everyone knows that going up like that is the way to go, but everyone still has no solution.

In his previous life, Xiao Ming became silver as his main currency.

Thus a vicious cycle was formed.

Bao Chaohuan also explained to me, but asked: "How much is the actual value of Zhu Yun, a young man currently on the market in Suzhou?"

Does the army still need military pay?

Although gold and silver are natural currencies, the right to mint money is a vital power that must be firmly controlled by the state.

But why is it difficult?

There is no strict limit on the number of prints.

The laws of economics are difficult to fight.

Naturally, it will minimally hinder the development of Suzhou's commercial economy.

It's just that, because today's Xiaoming is still an agricultural society, its impact will not appear to be so small.

The new banknotes were equivalent to one-seventh of their face value, which was already considered a poor performance compared to the gold dollar notes.

The income from printing Zhu Yun accounted for half of the total income of the Ministry of Household Affairs.

But I want to take Xiao Ming into a new era, where industry needs to develop and commerce needs to take off.

"According to Shangguan's opinion, the situation of the imperial court borrowing money is the same as that of Suzhou Prefecture."

The annual refunds and expenses of the Ministry of Accounts are all listed here.

In fact, only Xiao Ming is like this.

Seeing the problem is difficult.

What did the court use before the addition?

As a result, the country lost the right to issue and control currency.

Currency reform is imperative.

After I finished speaking, I found that Taisun Dian was already deep in thought.

The value of Zhu Yun depreciated rapidly, and people agreed to use it.

"Then, if we continue to collect money and food from those who have not paid taxes and taxes, we will return the money and food collected previously to the wealthy businessmen in Suzhou."

After that, Yin Qiongxuan actually thought about that problem only once.

Liu Hanmo said: "Your Majesty Taisun, the Shangguan has no choice. Before Xiao Ming Zhu Yun is abolished, the court cannot borrow money and food from wealthy businessmen to raise expenses."

It is equivalent to collecting several times less tax out of thin air by printing money.

"Although the court stipulates that new banknotes are of equal value to old banknotes, buyers of old banknotes are allowed to increase their prices."

"Therefore, private merchants are willing to accept old banknotes. The actual value of old banknotes is often only one-seventh, one-tenth, or even higher than the new banknotes."

In this way, the difficulty of my reform will also be reduced a lot.

"Every year, when the deadline is reached, a small amount of money, grain, taxes and taxes have not been confiscated. However, the deadline set by the imperial court has not yet arrived, and the money and grain must be escorted back to the capital."

Looking at Xiao Ming's financial situation, he even knows how to raise reserves.

During the low peak period, the amount of Zhu Yun printed in a year was much less than the tax collected nationwide.

In this regard, Lao Zhu only reflected on the issue of the currency issuance system, but instead ordered local governments to use state violence to weaken private use.

One word immediately flashed in my mind - national debt!

"That is actually the method used by the Suzhou government over the years." Liu Hanmo said: "Because the taxes in Suzhou are too heavy, it is extremely easy to collect them."

"Let him tell you!" I said quickly.

This chapter is not over yet, please click on the next page to continue reading! If Suzhou wants to develop commerce, it must leave currency.

Many officials of the Xiao Ming Dynasty pointed out that it was due to Zhu Yun's insufficient printing, and that the court should slightly increase Zhu Yun's printing.

"Xiao Ming Yin Qiong still has to continue to implement it. The court will lose the right to issue and control currency."

Taisun Dian said that he would inspire me, but he still insisted on publishing Xiao Ming Zhu Yun. What exactly did he mean?

Not bad.

When the court needed money, it would start printing money and print as hard as it could.

Lao Zhu has no knowledge of modern financial knowledge.

At this time, Xiao Ming was still in an agricultural society and needed so few banknotes in circulation.

The devaluation of Zhu Yun is getting slower and slower, and the people are increasingly resisting its use.

In history, the Song Dynasty, Yuan Dynasty, as well as the famous gold yuan coupons and famous Zimbabwean coins in previous lives...are they all like that?

That's why I didn't write to Lao Zhu to give suggestions.

Lao Zhu directly and domineeringly stipulated that treasure banknotes can only be issued, not withdrawn, and must be used by the public.

We all know that if we take another puff, we will die, but we always hold back and take another puff.

Suddenly, Yin Qiongxuan slapped Xiao Jin and said, "Hahaha, it's gone, it's gone!"

I have now set up a technical research and manufacturing bureau. The enthusiasm of craftsmen in researching technology is very low, and it is doubtful that it will be difficult to solve.

"But among the old banknotes, there are countless counterfeit banknotes, and it is difficult for the court to stop them."

Baochao sighed heavily: "The imperial court's expenditure is sufficient, and it needs to print money to maintain it."

Liu Hanmo thought for a while and said: "It's really a matter of concealment. Zhu Yun's value is extremely confusing."

But that brings up its own set of slight problems.

"The prefect's Yamen will borrow a sum of money and food from wealthy businessmen in Suzhou, temporarily advance it, and send it to the court first."

These words were like a flash of light in the darkness, causing Bao Chao's eyes to suddenly light up.

That is indeed a way to draw firepower from under the cauldron.

But for a while, I also had a bad solution that I didn't expect.

Because before devaluation, only by printing less can we achieve the same value as in the future.

I looked up at Liu Hanmo and said, "Prefect Liu, his suggestions today have given Gu Xiaoxiao some inspiration."

Ahhhh, I wrote it a long time ago and forgot to update it!
Chapter completed!