"The price of copper is controlled by the imperial court, but today's copper in the Ming Dynasty mainly comes from Yunnan. The mountains are high and the road is long. Not to mention anything else, the freight cost on this road alone is a huge sum."

"As for silver, its purchasing power is so strong... that ordinary people cannot use it at all."

"Bao Chao, how much are the Bao Chao from the Hongwu Period worth? How much are the Bao Chao from the Yongle Period of the Ming Dynasty worth now? The imperial court only prints money, not collects it."

"If things go on like this, they will be like water and fire."

Hearing this, Zhu Di was not happy at all, and kept saying: "The Ming Dynasty treasure banknotes have been printed since Taizu. Why was it fine before, but when it came to me... it must be a disaster for the country and the people?"

"time."

"time?"

"Your Majesty, the printing and distribution of treasure banknotes has just begun. Although the people were a little puzzled by the forced introduction, they were still easy to accept at the beginning. After all, the people behind this represent the imperial court."

"But as time goes by, even ordinary people."

"You can also see at a glance that treasure banknotes will depreciate in value if you put them in your hands. Today, a treasure banknote may be worth ten taels of silver, but tomorrow it will be worth nine taels of silver."

"Over time, the face value of treasure banknotes remains unchanged, but the actual value continues to shrink."

Zhu Di nodded, then looked at the people on the side, and then said to Wang Siqi with a serious face: "Then why do you say that the minting of Baoyuan Bureau wastes people and money?"

"What I mean is that it is superfluous for the Baoyuan Bureau to mint these copper coins... We can set up Baoyuan Bureau branches all over the country and give them fixed minting rights."

Zhu Di shook his head.

He seemed a little disappointed and said: "It's not that I haven't considered the idea you mentioned, but have you ever thought about how to prevent local governments from secretly minting money beyond the limits of the imperial court?"

Wang Siqi naturally knew that if such minting power was decentralized, what he would face would be the risk of abuse brought about by such decentralization.

After all, from copper to copper coins.

Even a fool can see that there is a profit here, but Wang Siqi still smiled and said: "Then we have to talk about treasure money."

"Today's treasure banknotes have a high face value, but what if the face value of the treasure banknotes is lowered, so that there are small-denomination banknotes of one cent, five cents, and ten cents?"

....

Treasure notes replaced copper coins.

This is a scene that Zhu Di wanted to see in his dreams. After all, compared to the low-cost treasure banknotes, copper coins consume an astonishing amount of copper. With the gradual prosperity of commercial trade in the Ming Dynasty... it has appeared in many places.

The problem of rising copper prices has been solved, but due to the unified control of the imperial court, it can still be suppressed.

But those private goods brought in from overseas trade sometimes gave Zhu Di an unstoppable headache.

If you can use small denomination banknotes.

In exchange for copper, which is a strategic material of the Ming Dynasty.

The benefits are obvious.

Zhu Di couldn't hide his excitement and said: "You kid, don't you just want to say that casting these copper coins is not very profitable, but it is dragging down the Baoyuan Bureau?"

"However, you, an official in charge of minting supervision, have been thinking about replacing copper coins with treasure banknotes all day long. Could it be that you want me to hand over the treasure banknote collection department to you?"

As soon as these words came out, the surrounding temperature seemed to drop by three points in an instant.

Zhu Gaochi winked at Wang Siqi crazily from the side, as if to say: If you are not sure of the emperor's ideas, you must not take over the matter of raising the treasure banknotes!

Wang You stood aside and looked at his son quietly.

This is my son, I don’t know when it started.

From a prodigal son who was despised by everyone in the neighborhood.

To be able to talk freely in front of the emperor, and to talk about important matters related to the national economy and people's livelihood, this really had a big impact on Wang You's heart.

Unexpectedly, Wang Siqi seemed not to notice everything around him.

He just pondered for a moment, and then said loudly: "Thank you, Your Majesty, for your grace. I will also do a good job in the treasure bank raising ceremony!"

"Ha ha ha ha!!"

Zhu Di's hearty laughter broke the silence. He stood up and placed his heavy hands heavily on Wang Siqi's shoulders. For a moment, Wang Siqi almost couldn't help but grinned. It really hurt!

"You boy, you are so courageous. Before the matter of Baoyuan Bureau's wine shop has been explained clearly, you came to tell me that Baoyuan Bureau's copper coins are worse than just printing small-denomination treasure banknotes."

"Okay...get out of here, get out of here."

....

Before he could explain clearly, Wang Siqi, who had been brought into the palace in a daze, was kicked out again in a daze. Sitting on the carriage going home, Wang You had a very complicated expression.

After a long time, he slowly said: "So? There is your boy's butt in Zanghua Pavilion?"

"Just... just now."

"Then if any of my dad's friends go to the Hidden Flower Pavilion, will you still charge me?"

"Brothers will settle accounts..."

"Um?"

"Forget it, biological father..."

Mrs. Li had been waiting outside her house early. Wu De's eyes were wandering, and the young master and uncle entered the palace one after another. They saw that the sun was about to set and they had not returned yet.

This can't help but make Mother Li worried.

He couldn't stop mumbling: "Isn't this brat causing trouble again? Tell me... you follow the young master every day, but sometimes you should stop him when you see him making trouble!"

"Madam...I stopped you! I can't stop you..."

"well!"

"Madam, look quickly! The uncle's carriage is back, and it seems to be the young master's behind it..."

On the horizon, two carriages representing the Wu family were slowly approaching, which made Wu De immediately overjoyed.

But when the uncle and the young master got off the carriage with smiles on their faces and arms around each other, Wu De couldn't help complaining and winked at Wang Siqi vigorously.

Wang Siqi was a little confused.

He couldn't help but say first: "Shall we go in first? This guy Wu De has sand in his eyes."

Hiss... Wu De was anxious inside.

I couldn't help but thought to myself: Why is the young master so confused?

...

After sitting down, Wang You looked at his wife Li with a bright face and said, "Don't worry, the emperor has a good reason for calling our son into the palace today. He wants to give our son another official title!"

As soon as these words came out.

Li's worry did not diminish, but she whispered worriedly: "Who knows if it is a good thing?"

"It's getting late, Wu De! Please send someone to bring all the food I prepared today. I'm afraid the uncle and the young master are already hungry."

"..good.."

Wang You turned his head with some confusion and asked: "Which restaurant in Beijing are we eating good food today, or is the chef in the back kitchen of the house some new tricks?"

Mrs. Li rolled her eyes.

I couldn't help but said, "Can't it be me? I saw that both of you, father and son, looked bad when they went to the palace today. I suspect something happened..."
Chapter completed!