Chapter 1339 Crisis sweeps across
For a moment, Ji Chuan had so many thoughts, and he suspected that this was Emperor Yuanwu's conspiracy?
Did you deliberately set a trap because you knew he was going to follow suit?
This can't be the case.
The reason Da Wei Bao Guan is what it is now is probably because Daning was behind it.
Himekawa was seen hesitating.
Deng Er gritted his teeth and said: "Your Majesty, please immediately abolish the Great Wei Baoguan, lift the ban on gold and silver and return to the past, otherwise the country will not be a country!"
"Someone, take Deng Er down and throw him into the sky prison!"
Himekawa waved his hand and gave the order directly.
Let’s not talk about Deng Er’s own radical remarks. He thought of the problem too simply. Did Da Wei Baoguan say that it can be abolished if it is abolished?
Since the issuance of the Great Wei Baoguan, I don’t know how many have been issued, and the imperial court may not have a quota.
Official salaries, military expenditures, distribution of military pay, etc. were all completed with Wei treasure coupons.
If it is abolished now, the Great Wei Treasure Coupon in everyone's hands will truly become useless paper.
In other words, their money is no longer money!
Who can accept this?
Unless the imperial court redeems it twice with fair value silver, this is simply not possible.
The imperial court does not have such a large reserve, the difference is countless times.
Even if you exchange it at a reduced rate, it won’t work.
Just like on the black market, one tael of silver can be exchanged for more Dawei treasure coupons.
If the imperial court did this, doesn't it prove that the Great Wei Baoguan is not effective?
In a few days, the Dawei Baoguan will completely collapse and lose its value.
When they found out that the money in their hands was really worthless paper, even the frontline army officers couldn't accept it...
Thinking of such serious consequences, Himekawa couldn't help but shudder.
He found that now he was riding a tiger with difficulty!
How to keep the Great Wei Treasure Coupon is the most important thing at the moment!
"check!"
Himekawa said coldly: "Stop all black markets and severely punish any illegal exchanges. Especially the source of the big yuan must be investigated clearly!"
"Song Taiping."
"I'm here."
"Go to the people from the four major chambers of commerce in person and tell them clearly. I don't want to see anyone causing trouble at this time."
"yes!"
Song Taiping agreed, but he was unsure.
The Great Wei Treasure Coupon has become waste paper, not to mention ordinary people, even many princes and nobles have abandoned it.
Who does Your Majesty think is committing fraud on the black market?
Aren’t they just these princes and nobles?
How can ordinary people still have money stored in their homes?
However, we really need to investigate the origin of the silver coins.
However, Song Taiping didn't hold out much hope. Those who exchanged silver coins were probably the princes and nobles...
Their sense of smell is more sensitive, and knowing that the Great Wei Treasure Coupon is no longer good, they all want to get rid of it in a hurry and exchange the waste paper in their hands for hard currency coins. At this time, even if the enemy is behind the scenes, they can't stop it.
That’s how human nature is!
But why is it like this?
As a veteran of two dynasties, Song Taiping was really confused!
He doesn't know that nothing happens overnight, but is the result of years and months.
When Dawei Baoguan was first launched, it was still based on physical gold and silver, but as time went by, the over-issuance became more and more serious, until now... inflation finally broke out!
This is an economic crisis!
Due to cognitive limitations in this era, they are unable to understand...and they don't know how to deal with it.
After all, the over-issued Da Wei Bao Coupon actually exists.
At the same time as the economic crisis broke out, Wei State was also facing a huge crisis of trust!
The Great Wei Baoguan is no longer trusted by people. Even the four major chambers of commerce in Wei, which were the first to respond and support the imperial court, began to privately discard the Great Wei Baoguan and no longer accept the use of the Great Wei Baoguan for buying and selling!
This means that the currency system of Wei State is about to collapse, followed by the collapse of the economic system, which will cause serious disaster to Wei State!
The economic impact brings political turmoil and in turn affects the country into chaos...
On that day, under Ji Chuan's order, a large number of imperial guards were dispatched to inspect various cities and towns, with the purpose of rectifying merchants who refused to use the Great Wei Treasure Coupons.
A large number of people were taken back, but nothing changed. Instead, the situation became more serious.
The court's reaction is more like there is no three hundred taels of silver here...
Subsequently, more vendors abandoned the Dawei coupons.
In the past, although the prices were high and not valuable, I could still buy things, but now I can’t even buy anything.
What is the difference between money and waste paper?
Although the court tried its best to control it, nothing could be changed.
Seeing that Dawei Baoguan is about to become useless paper, it is impossible for merchants to throw it all into their hands...
Song Mansion, main hall.
Song Taiping, the Prime Minister of the State of Wei, sat on the main seat, with two people sitting on either side of him. They were all dressed in gorgeous clothes and had a rather luxurious temperament.
These four people are the heads of the four major chambers of commerce.
Wei is a country with prosperous commerce and trade. Naturally, there are organizations like the Chamber of Commerce, and many businessmen are not pure. They are closely related to the government and the court, and are called official merchants!
When the court needs it, these officials and businessmen can obey orders.
The four major government officials and merchants were newly supported after Himekawa came to the throne. They supported the new emperor. Earlier, Himekawa had intended to use extreme measures against Daning and was able to send a large number of businessmen to Daning. This is the reason why...
But now, the four major chambers of commerce no longer support the imperial court.
Lu Shen, vice president of the Jiufeng Chamber of Commerce, cried: "Sir Song, you know us. If we weren't at a point where we had no other choice, how could we go against the imperial court's intention?"
"You also know what's going on with the Great Wei Baoguan. It's almost like waste paper. What do we do with a bunch of worthless waste paper?"
"yes!"
Another director of the Yulon Chamber of Commerce, who is fat and has a swollen face, also echoed: "We can't push out the Dawei treasure coupons in our hands, do we still need to keep them?"
The other two people did not speak, and their attitudes were already expressed in their expressions.
Song Taiping said in a low voice: "Your Majesty hopes that the four major chambers of commerce can set an example and not cause trouble at this time."
"We have tried our best. His Majesty had to raise food before, and we gave all the food to the court..."
"What does it mean to give it to the imperial court? It was bought by the imperial court with money."
Song Taiping's words made several people shake their heads. This was probably the most wrong thing they had done.
Sell your own food in exchange for a pile of waste paper.
In their treasury there were piles of Dawei treasure coupons, but no one even bothered to take a look at them.
None of them agreed immediately, their attitude said everything.
Song Taiping knew that they were confident.
The forces behind the four major chambers of commerce are intertwined, and many princes and nobles are involved. The more the country is in chaos, the less His Majesty dares to touch them.
"If you don't buy and sell Dawei Baoguan, your business will not be successful."
Song Taiping said: "Don't you even do business?"
"No more."
Lu Shen said directly: "We would rather not do business than accept any more Dawei treasure coupons."
Song Taiping was shocked by this straightforward attitude. He shook his head and asked: "Then do you know where the Daning silver dollar comes from?"
Chapter completed!