"He hits him, we hits us."

Zhang Zhixiang picked another famous saying, the more he experienced, the more he felt that his wisdom was high and high.

His previous life was different from other children. Most people had to experience worship when they were young, disgusted when they were young, awakened when they were adults, and then they wanted to cry every time they thought of him...

In my previous life, my father was the unwavering student of my husband.

Since he was in elementary school, his father asked him to read the teacher's selection and told him his story every day before going to bed, so he knew that his husband was the wisest and most kind person in the world since he was a child.

The reason why he was able to understand so many things and see the essence of society was because his book taught them.

This life.

Although the old master and Mr. Yangming inspired his wisdom and allowed him to look at things from the source, he truly achieved this step based on Mr.’s teachings...

Zhang Zhixiang has actually only one logic to deal with it so far - what would he do if it were a gentleman?

Then, it's very simple.

"If you are concerned about Yang Tinghe, the initiative is in his hands. If you are not concerned about him, the initiative is in our hands. The assassination of the Wang family and the attitude of the court have enabled me to achieve one of the most important goals."

"The people's hearts are in me."

Zhang Zhixiang was talking about his plans very seriously. This time he used his own bait to lure the Wang family into assassination, but he guessed that the court would acquiesce, so that the court would take the blame and make the public opinion on him.

It seems now.

Although the process is different, the results are better.

"The people's hearts are not useless."

"I thought about it. Instead of secretly hiding Chen Cang and stealing Dengwengu away, and waiting for them to react, we still have to face full pursuit. It is better to take Dengwengu away openly from the beginning."

"Take it away secretly, just to escape for a while."

"After I did what I should do, I took Dengwengu to the capital openly. Then, the knights and righteous men in the world will come to help me, and those with bad intentions will come to compete for it, and more importantly..."

"Your Majesty can come and pick us up."

Before today, secretly spending Chen Cang is indeed the best way.

Zhang Zhixiang did not have the momentum and directly made the effect of the Dengwengu, and threatened to take the Dengwengu to the capital, which would only be suppressed by all parties, and even Longhu Mountain would be in danger.

The Wang family would not agree.

But to this day, it is different after gaining public opinion. If the case of Datong Money House is truly solved and the people can repay the banknotes in their hands, it may be possible to make public news...

Zhang Zhixiang's analysis surprised everyone.

Wang Yuanzhi even felt amazed, and he suddenly laughed. Yang Tinghe lost to the fifteen-year-old puppet emperor in the capital, and this time he would lose to the five-year-old little immortal.

“Speaking of this, how exactly should debt become assets?”

Wang Yuanzhi has also thought a lot these days, but he is still curious about Zhang Zhixiang's specific operations.

Zhang Zhixiang also intended to make moves on this. Yang Tinghe wanted to use the drag-on technique to make him lose his composure, and he also wanted to induce Yang Tinghe to be unable to calm down.

"Uncle Wang, can you directly send news to Yang Tinghe?"

"It's enough to be said in just one sentence. When the debt can be cashed out, it becomes credit, and the debt itself has value."

That's actually the case!

Wang Yuanzhi felt like he was enlightened. He suddenly understood everything. He even thought of the essence of money and the original Daming Baochao.

The failure of the Ming Dynasty Baochao, the historical summary, is that there is no reserve fund and the currency is issued.

In fact, this is not the case at all. The Ming Dynasty had hegemony in sea and land, controlled world trade, and could digest it no matter how much currency it could not bear it at home, and could be transferred overseas through fleets.

The fundamental reason why the Ming Baochao gradually disappeared is...slow inflation.

When the court has the right to issue currency, it can continuously print money to generate inflation, thereby causing wealth to shrink. The richer people's wealth will shrink, and as long as inflation is slow and moderate, it will have a complete promotion effect on the economy. People can feel that their living standards are increasing, while the wealth of the rich will become less and less, and the gap between the rich and the poor will gradually narrow.

Because the total amount of wealth in society is getting bigger and wealth is being diluted.

Therefore, the interest class realized this. Since the Hongwu period, the imperial court began to collect taxes openly and secretly, which caused a serious blow to the treasure banknotes.

This is equivalent to giving up credit endorsement of currency at the official level.

Then, through counterfeit money and other means, the supervision will be relaxed. In this way, in a few years, the Baochao will depreciate sharply, and will eventually be abandoned and replaced with gold, silver and copper coins.

What happens when money turns into gold and silver?

Very simple.

As long as gold and silver are buried, the gold and silver on the market will become less and less, and it will become more and more valuable, because the output of gold and silver is limited and cannot be printed infinitely like treasure banknotes.

As deflation is decayed, the wealth of those rich will become more and more...

at this point.

It will be particularly obvious after the implementation of the One Whip Law. When the court collects taxes with silver, the lifeblood of the people will be completely controlled. The exchange ratio of copper coins and silver will soar and prices will become lower and lower...

When you cannot pay taxes, you can only borrow money.

Debt continues to breed interest, and prices are being pushed down...

The south has a prosperous commerce industry, but the north is completely over.

That would be a real life for people to live in misery.

Of course, Wang Yuanzhi did not know the whip method that was about to be implemented in the tenth year of Jiajing. He only realized the essence of money and the rise and fall of Baochao, and gave a more systematic explanation of past events.

Zhang Zhixiang really thought of the treasure money and the one-whip method.

You may not believe it if you say it. The one-whip method is beneficial to the rich, but because whether it is Gui E or Zhang Juzheng, they still have to measure the land, which will never work, so there is no good ending.

Zhang Juzheng died and the government was eliminated. All the reforms that benefit the people and the country were abolished.

Only the whip method used silver to collect taxes, and changed the national currency to the silver standard, which was inherited.

Then, the Ming Dynasty died faster...

The richest country in the world is to die of poverty. The court is to die of poverty and the people are to die of poverty. Who is to become rich? It is hard to say clearly. Anyway, the capital arrangement in later generations is left over from the Ming Dynasty.

Therefore, the Ming Dynasty was determined not to reverse the silver standard.

To solve the economic problems of the Ming Dynasty, currency must be issued. This time, the government bonds were just a test. What should they do if they learned to take the opportunity to make money?

Zhang Zhixiang is looking forward to them giving it a try.

After all, it is difficult to establish something like credit, but it is easy to damage. The Nanjing court has no credit among the people, which is the best. Although the northern capital has to take over the mess, as long as it can be handled well, monetary rules can be formulated.

Of course, these are all later stories.

Zhang Zhixiang believed that what he said to Yang Tinghe would make him unable to sit still...
Chapter completed!