Wu Mei glanced at Ah Di.

Since she took over the government affairs, Jia Ping'an has no action except for squatting in the Ministry of War for the first few days.

"There are more and more silver coins sent from Japan, and many people collect silver coins instead of using them, especially those... rich and powerful people."

Li Yifu's tone was less unscrupulous. He even looked at Jia Ping'an after he finished speaking.

Jia Ping'an didn't say anything.

But Li Yi's mansion became more and more nervous.

"Now there are fewer and fewer silver coins on the market, and those people can exchange as much as they have."

Li Yifu felt that this was an unsolvable problem.

Dou Dexuan spoke, "Silver Mountain just sent a batch of silver, and coins can be minted at any time."

Li Yifu thought that he had studied the currency issue, "Those families used cloth and copper coins, so that spices were stored as money stocks. Cloths would decay, there were too many copper coins, not to mention spices... silver coins could be kept for many years and were most popular among these families. It was difficult to make them not stock up on it..."

Li Ji asked: "I remember there are a lot of things mixed in the silver coins. Every time a silver coin is minted, the Ministry of Revenue will have an input. Those people will naturally lose money by hoarding silver coins. Why are they willing to do so?"

Dou Dexuan said: "It will lose money, but the silver coins are beautifully made and are constantly appreciating..."

I'll go!

The value of silver coins actually exceeds its own value!

Everyone looked solemn.

When Empress Wu looked at it, she saw Jia Ping'an smiling and quite relaxed, and asked: "What do you think of Zhao?"

Li Yifu smiled and said, "Duke Zhao seems to be confident!"

A sarcastic bitch slave!

Xu Jingzong was about to start spraying.

"Of course." Jia Ping'an said: "This is just a trivial matter, but Li Xiang seems quite puzzled?"

Li Yifu smiled and said, "I am quite puzzled. Does Duke Zhao know?"

Not to mention the powerful and powerful families, Li Yi’s family had hoarded a large amount of silver coins, waiting to be passed on to their descendants.

He was a referee on one side and an athlete on the other. He was very accurate in his mentality on both sides. He thought about this situation for a long time, but he couldn't think of a solution.

Jia Ping'an has been extremely lazy recently, and suddenly heard about this matter and said it was a trivial matter...

hehe!

You can brag in front of the queen, but I am here, just waiting to refute it and avenge the previous shame!

He subconsciously touched his cheek, and there was still a slight pain there.

Li Yifu's eyes became more sinister, "I would like to ask Duke Zhao for advice."

"I can really give you some advice."

The advice was originally a polite word, but Jia Ping'an confirmed his attitude of guiding Li Yifu.

Li Yifu's eyes were slightly red.

Li Ji sighed slightly, knowing that Li Yifu would definitely break up every word Jia Ping'an said and think about it. Once he found a loophole, the attack would come in an instant.

The queen was in power, and Ah's brother was embarrassed at that time.

Jia Ping'an said: "Why are coins valuable? At the earliest, our ancestors worked hard and traded for barter. You exchanged a chicken for one of my clay pots, and you exchanged a clay pot for a bag of grain. This was the earliest form of trade."

Hey!

Empress Wu nodded slightly, feeling that this was refreshing.

Li Yifu smiled slightly, thinking that no matter how far you go, it would be useless. In the end, you will have to return to the current dilemma of the Tang Dynasty silver coins.

"There were coins later, and the earliest one was coins, and then copper coins appeared..."

A queen and six prime ministers listened to Jia Ping'an's popularization of the history of coins, but he was quite stunning.

"Why can coins buy goods? This talks about value. The earliest bartering is the embodiment of value. A pottery and a chicken were equal in the eyes of people at that time, so it could be exchanged. Some people may ask, why can gold, silver and copper be valuable? Can goods be purchased? Because gold, silver and copper are rare."

Jia Ping'an talked eruditely, "Gold, silver and copper have a characteristic, that is, it can be preserved for a long time. Sparse gold, silver and copper are easy to preserve, and this is a natural currency."

Li Yifu suddenly interrupted him, "What do you mean by saying this?"

Why are you pulling a bunch of useless things?

Jia Ping'an said, "Do you understand if I don't say this?"

Li Yi's mansion was stumbled.

He wanted to say that I understood, but he knew Jia Ping'an's urinary nature. Once he really understood, Jia Ping'an would use a series of problems to deal with him.

Xu Jingzong glanced at him, and the gloating was not concealed.

Li Ji is old and really doesn't care much.

The remaining five prime ministers have different thoughts, but their positions are quite firm.

The position is one thing, but when problems arise, they often have their own opinions, which makes Wu Mei miss the time when the prime minister is all loyal dogs.

Jia Ping'an said: "Money must be endorsed, and gold, silver and copper are endorsed naturally, and are endorsed by rare and precious, as well as durability, so everyone in the world recognized the value of the three."

This is incisive.

Even Liu Rengui nodded frequently to agree.

"Copper coins appear as currency... Is the value of a qian itself really worth a qian goods? I don't think it is certain, and the value of the goods is more than this money."

Jia Ping'an looked at the prime ministers, "Everyone knows that it is a loss to exchange goods for this piece of copper, but why are you willing to exchange it? Because this is credit!"

Everyone was stunned.

"Credit?"

Dou Dexuan felt that some views were flashing quickly.

"Yes, credit." Jia Ping'an said: "This involves many fields of knowledge, such as the equivalent of the amount of coins issued and the economic scale. If you issue too many copper coins, prices will rise. At this moment, the credit of copper coins will fall..."

Dou Dexuan nodded, "Yes, if silver coins are everywhere on the streets, their value will naturally drop. The goods that could be bought with one silver coin now require two silver coins, which is the price increase."

This is inflation.

"So the number of coins issuances is closely related to the credit."

Everyone knows the consequences of indiscriminate issuance of currency in later generations, which ultimately leads to inflation.

However, there was no inflation in the Tang Dynasty. Instead, the money supply was too small, which caused a tightening situation.

"It's OK." Empress Wu understood.

"How to maintain credit? This question is very complicated and involves all aspects. The two most basic points are: first, the country is strong and the economy is developed, that is, commerce is developed. This is the pool of money being released. The larger the pool, the more money being released."

Ping An is indeed becoming more and more mature.

Empress Wu looked at Ah Di with relief.

"The largest pool in the world is in the Tang Dynasty, which is the foundation." Jia Ping'an must teach the monarch and ministers this lesson, otherwise once monetary policy is in chaos, it will cause a collapse in the people's livelihood economy if it is not done well.

"The second is the monetary strategy in the court." Jia Ping'an nodded slightly at Dou Dexuan, indicating that he had no intention of offending his authority. "The timing and quantity of money is very particular, and there must be a plan. You cannot smash it with just a slap in your head."

Li Yifu was a little uncomfortable.

Are you mocking me for not understanding this and just slap my head?

"At this point, you should understand that credit is the foundation of coins. Credit is that copper worth half a penny can be put on the market at a value of one penny."

This is the essence of money!

Everyone felt a sudden realization.

Empress Wu suddenly realized, "In this way, this half of money is the benefit of the court. What if it is less?"

The prime ministers all looked brilliant, and Jia Ping'an felt that this was greed.

"If the value itself is less, it will be possible, but it must be combined with credit. One country's power and the other two dynasties' currency strategy. If one of them collapses, the currency will also collapse."

Later generations were all paper money, and that piece of paper was worthless, but it represented the credit of the country. Behind the credit of a country is the embodiment of the strength of the country. The currency of a strong country is stable, while the currency of a weak country is in turmoil. A breeze blows will cause chaos.

Empress Wu nodded, "Although silver coins are not worth enough, they are spreading to the world because of the Tang Dynasty's credit. This is also the reason why those families are willing to hoard silver coins."

Jia Ping'an glanced at Li Yi's mansion, "Does Li Xiang understand?"

Li Yifu: “…”

"How to solve it?" Li Yifu asked with a smile.

"Simple!"

"Simple???"

"Simple!!!"

Even the Empress Wu had a phoenix eye and was about to turn around and deal with him.

Li Yifu smiled more and more relaxed.
To be continued...