Baobao itself has no value. It can only be regarded as credit currency. Indiscriminate and excessive issuance will cause inflation and thus trigger an economic crisis.

From a modern perspective, this is a very superficial issue, but in ancient times, due to lack of understanding, it was difficult for people to consider it so comprehensively.

Paper money first appeared in the Song Dynasty, and was later widely issued by Emperor Taizu Zhu Yuanzhang of the Ming Dynasty. However, due to violation of objective laws, excessive issuance and printing eventually became waste paper.

Strictly speaking, the treasure banknotes introduced by Guan Ning are not banknotes, but exchange coupons. They are another form of banknotes, but they are more widespread. Based on deposits, Yanka will never over-issuance, so naturally there will be no

There will be problems...

"You should be glad that you are not a man."

Guan Ning sighed.

"My father also said so."

Ji Rui is very Versailles, but she has such capital.

"If nothing happens, I'll leave."

"Um."

After taking two steps, she paused again.

"Can I give you some suggestions on how to counteract this?"

"Want to hear the details."

"Everyone is seeking profit, so we need to cut them off at the source so that more pirates can roam around in Huizhou."

"you……"

Guan Ning looked at Ji Rui in surprise.

"When I first came to Daning, I already knew that a group of pirates appeared for no reason and was very powerful. I really can't think of anyone else behind it except you. The Skeleton Fleet is not a pirate, but an official.

Steal!"

Ji Ruiming stared at Guan Ning and spread her hands.

"But they were okay. When I came to Daning, they didn't steal my fleet."

These words made Guan Ning ashamed.

Ji Rui is really so smart.

We can also hear the implication: Don’t allow Wei merchants to come to Daning. The sea area is an important way. Cut it off directly and block it from the source.

"There is no need to do anything else, the emperor will cause trouble by himself."

Ji Rui's voice was low, and Guan Ning could hear a deep sense of helplessness in it.

yes.

Emperor Jianwu Jichuan imitated his reforms. This was obviously seeking his own death. It might be effective, but we don't know when it would happen.

The state of Wei will only become more and more chaotic.

"This strategy is better for Liang Guo."

Ji Rui said again: "Daning also needs Tieba very much. Purchasing it from Daliang can not only meet its own needs, but also add fuel to the flames, killing two birds with one stone."

"How do you know Daning needs iron?"

"I'll listen to what you said when I come back. I'll go to the Smelting Bureau every three days."

Guan Ning had nothing to say.

Ji Rui is not only smart, but also as thoughtful as silk.

"I'm going to get busy."

Ji Rui did not pause, but Guan Ning did not see her expression, which was so lonely.

"Forgive my father. I can only show my love to Daning, so that he will show mercy to Wei when he attacks the country in the future. I am already the woman of Emperor Yuanwu, so I can only do this..."

she thought to herself.

It’s a pity that she is a girl!

Guan Ning couldn't help but sigh that her thoughts coincided with her own.

Severely crack down on Wei merchants and cut them off from the root!

Daning's trade is not very developed. Due to transportation restrictions, there are not many people doing business in other countries, so this will not have any impact.

Besides, there are also Southern Wasteland, Northern Yi and Liang Kingdom, especially the former, which is a market with broad prospects.

Farming is the main activity, supplemented by commerce.

This will be followed for a long time to come...

What to do next, we have to wait for the specific discount to be sent.

It has been a few months since Qian Dafu went to Jianghuai. Baobao has been widely spread, and the new currency will be officially launched next.

He believes that new coins will not be boycotted like Bao banknotes, and there will definitely be a situation in which supply exceeds demand...

The next day, the news about the new currency was published in the official newspaper of Daning, and as expected, it immediately attracted great attention.

They all inquired about how to exchange silver coins, especially small-denomination silver coins, which attracted common people's interest.

Baobao has been issued for some time.

It has been redeemed and exchanged, and it has the endorsement of the imperial court. Over the past few months, it has gradually been accepted by people, and its value has also stabilized.

But it is not suitable for ordinary people to use. Even if it is a small denomination, it is still a huge amount for them.

Now there is finally money available that people can use.

The speaker was surrounded.

Most of them ask about how to exchange broken silver and how much it costs.

Trained speakers gave detailed explanations.

Broken silver, loose silver, whole silver, etc. can be exchanged normally.

Copper coins are not abolished and remain the same as before. The newly minted silver coins are just a new type of currency and have no effect.

In comparison, there are still few large transactions and more small transactions.

The issuance of silver dollars and silver coins just met the demand and could also make up for the shortage of copper coins.

Copper coins are the most basic currency and the most in demand.

But there were not many copper coins, and they were not widely circulated in the market.

This will lead to the problem that money is expensive and things are cheap.

Guan Ning recast silver into small coins, which directly filled this gap and made the basic coins more vivid. This was his purpose.

In short, the new currency is hot.

The design is exquisite, the texture is fine, and it is full of color. It has extremely high value and it is difficult not to be popular!

There was a long queue in front of Daning Bank, and there were too many people exchanging coins.

There are ordinary people, and there are also wealthy families, but there are notices posted outside Daning Bank, especially the common people exchanging coins, and the wealthy families queue up first...

This group of people just can't afford to be early if they don't have any profit. They follow the good ones to the extreme and ignore the unsafe ones.

For example, the previous treasure banknotes.

Guan Ning also went to Beijing to implement almost the same method as Qian Dafu.

Qian Dafu had his sights set on Shang Shang.

He had his sights set on these important families.

Different regions have different weather vanes. Naturally, most of the people in the capital are the rich and powerful.

They all use treasure money, so only the merchants and wealthy people dare to use it.

But these powerful people didn't buy it.

Even the officials didn't approve of it.

Guan Ning was very vindictive and excluded them directly.

Now they are anxious. Compared with the treasure banknotes, they believe in the silver coins that can be blown...

Emperor Daning minted new coins.

For these families, the first thing that comes to mind is whether they can cast it privately.

The practice of private casting continues to be banned because it is profitable.

Not all official silver is circulating in the market, but there is also a large amount of private silver. This is the reason for the different fineness and value.

Private casting is also the exclusive right of powerful families. After the establishment of the new dynasty, Guan Ning severely cracked down on private casting. This situation is rare, but it is not unheard of.

Jingyibo Yang Jing had such thoughts.

There is a mint workshop in his courtyard!

There are two great relatives of the Yang surname in Shangjing City. One is naturally the Yang family, the matrilineal clan of the current emperor, and the other is the lineage of Yang Su, the Duke of Yue from the previous dynasty to this day.

Yang Su, the Duke of Yue State, had the same merit as Xue Huairen and was later appointed as Minister of Military and Aircraft. Although this line of powerful people was exploited several times, they still survived.

Yang Jing was Yang Su's nephew. When he saw that the imperial court had minted new coins, he became interested.

To be honest, these old nobles are having a hard time. They were left here from the previous dynasty. The Duke of Yue, Yang Su, also passed away last year. Without their asylum, it is even more difficult.

This is to seek some personal gain.
Chapter completed!