Xiaotong smiled happily and said, "Dad, I heard from Master Peng that you have the idea of issuing and promoting banknotes? Is this true?"
Qi Yu nodded and replied to her: "Unifying the currency is a top priority. In terms of its importance, it is not inferior to the military. If ignored, Qiongzhou's economic development will inevitably be curbed by external forces. Therefore,
Improving currency circulation is imperative.”
Xiaotong shook her head and said: "On the contrary, my daughter feels that issuing banknotes does more harm than good. I hope my father will think twice."
"Oh? So you don't agree?"
"Well, it's not just me, others also have doubts..."
After hearing this, Qi Yu basically felt confident.
According to his estimation, the three ministers were not very optimistic about this matter, but due to lack of face, they refuted it in person, so they spread the word through their daughter.
Qi Yu didn't criticize her, he just smiled and asked, "My daughter, if you have any thoughts, please tell me in detail."
Xiaotong saw that her father was not angry, so she smiled and said: "Dad, let me ask you a key question first. Regarding the anti-counterfeiting of these banknotes, what do you plan to do with it? If counterfeit banknotes become rampant and disrupt the market, wouldn't it be wrong?
Out of order?"
This is indeed a technical issue, and it is also the key to whether it is feasible or not, and it must not be ignored.
Qi Yu pondered for a while, and then said with a vigilant face: "Daughter, daddy is telling you an absolute secret, but you must remember that this matter must not be spread to anyone else!"
Xiaotong saw that her father was so solemn and hurriedly replied: "Dad, don't worry, my daughter will definitely keep her mouth shut. Even if she is dreaming, she will not reveal anything."
Um!
This is the attitude you need.
Qi Yu looked around again, and then said in a low voice: "The new banknotes that our Qiongzhou will issue in the future contain unknown technological content. On the surface, the coins look very much like ordinary banknotes.
Thickening the paper is actually not the case.”
"Oh? But why?"
"Let me put it this way, the currency paper is not made from grass and trees, but refined from 'cotton linters'. After the paper is made, it is covered with precision printing and special embossing, and it becomes
It has become our new type of banknote. The physical properties of this currency are very flexible. No matter how you wash it or polish it, it will not be worn or damaged like ordinary paper. As for the equipment used, you can come here..."
"Um……"
Next, Qi Yu briefly explained the manufacturing method and process flow of banknotes.
Xiaotong is also a smart person. She just thought about it a little and figured out the outline.
According to Qi Dalang's estimation, if modern people do not have twenty or thirty years of painstaking study of technological products from the past life, such as new banknotes, they will never be able to grasp any of them. But by then, their upgraded version will have already been developed.
It has already come out.
From this perspective, there is no need to worry about the problem of counterfeit currency running rampant.
Xiaotong was stunned and then asked her second question.
"Dad, why are you so keen on promoting paper money? If it is just to eliminate the waste of money, strengthening supervision can do it, and there is no need to spend so much time."
Yes, why waste manpower and material resources when things can obviously be solved by strengthening supervision?
not worth it!
Qi Yu chuckled, shook his head and said, "My daughter doesn't know that eliminating fire and money is just one of the many benefits. In addition, there are two other extraordinary benefits."
Xiaotong's eyes flashed when he heard this, and he urged: "Daddy, please tell me, what are the benefits?"
"First, the circulation of banknotes can fundamentally eliminate the disadvantages caused by the 'exchange rate'. Second, it can also establish a better and more complete market order."
These words...
A bit too abstract.
Even a smart person like Xiaotong couldn't help but frown after hearing this, thinking hard without understanding.
"I do not understand……"
"It doesn't matter, it doesn't matter. Let daddy explain it to you."
Qi Yu smiled and began to introduce: "The two benefits I mentioned come first and later in the process. Here, I will focus on the redemption rate."
Xiaotong is very interested in new knowledge, especially being able to listen to her father's teachings, which is simply a happiness that makes others envious.
Therefore, she listened very attentively and devotedly.
Qi Yu also tried his best to explain it in a familiar and easy-to-understand way to facilitate her understanding.
Just listen to him say: "As we all know, the currency in circulation in China is three precious metals, namely gold, silver, and copper. However, due to this inconsistency in currency types, many problems in exchange have arisen. For example
For example, because the amount of gold is too large to be directly circulated, people usually exchange it for the corresponding silver for trading. The same goes for converting silver into copper coins, but the value is different."
"But what is worrying is that the exchange rate between these three currencies is not stable and fluctuates from time to time. Take the exchange rate of gold for silver as an example, sometimes it is twenty-five times, sometimes it is more than thirty times, and not
There is no so-called fixed number. The same is true for the exchange of silver and copper coins. There are new changes every year. However, this phenomenon provides an opportunity for some unscrupulous traders to take advantage of the difference in exchange rates to make a fortune.
, and then profit from it.”
In just a few words, Qi Yu sharply pointed out the problem with the redemption rate.
This is a flaw of metal coins, which is unavoidable in ancient and modern times.
Yeah?
Yes!
Take the Northern Song Dynasty as an example. When the silver price was high, one tael of silver could be exchanged for more than 1,300 copper coins. However, when the silver price was low, it could only be exchanged for about 800 copper coins. Sometimes even
Lower. You can imagine how much harm this kind of instability will cause to the national economy and people's livelihood.
In addition, there is a more terrifying situation, which is the money shortage of a single metal due to excessive inflow or outflow under the influence of bulk sea trade.
This also exists.
For example, in the Qing Dynasty, there was a serious copper shortage for a period of time. This not only caused trouble to the government's finances, but also had an impact on the daily life of the people, which greatly damaged the economy at that time. In the end, the Qing government had no choice but to go abroad.
People asked for help to purchase their country's refined copper to alleviate their urgent needs.
All of the above are the consequences of currency problems, and their warning function is not at all inferior to that of war.
Xiaotong agreed in general, but disagreed with certain aspects: "Dad, even if there are one or two profiteers profiting from the exchange rate, it will not affect the overall situation of Qiongzhou! If you talk about them, it is
Isn’t it a bit of a fuss?”
"Not really!"
Qi Yu shook his head and said: "For now, our economy in Qiongzhou is already on the right track, and it will be even more prosperous in the future, with every passing year. And by then, it will definitely attract a large number of financial groups.
These people are all extremely wealthy. Once they get together, they will be able to speculate on gold and silver and then manipulate exchange rates. This will undoubtedly be a fatal blow to the economy. Therefore, I must take precautions and promote currency unification."
Qi Dalang's point of view is very clear. If the currency is not unified, Qiongzhou's economy will not be able to truly take off. Even if it takes off, there will still be hidden worries.
Xiaotong suddenly became enlightened after hearing this, nodded and said: "I understand, only by popularizing banknotes can these problems be fundamentally solved."
"Well, that's right!"
Before this, the little girl preferred the hard power of the military and was somewhat disdainful of the soft power of the economy. However, after today's understanding, she began to have a comprehensive understanding.
Qi Yu thought for a while and added: "As for establishing market order, it is too early to discuss it now. Let's leave it to the future."
"Um!"
Seeing her father's dry mouth, Xiaotong quickly made a cup of tea and asked: "By the way, Dad, which adult do you plan to let manage the bank in Qiongzhou?"
"Tan Junyan!"
"Is it him? Can he do it?"
Qi Yu's face straightened up and he said: "Brother Guangling has a virtuous character and never uses things for personal use. In this regard, even Master Peng can't give in too much. I feel relieved that he is in charge of the money. What's more, he is in charge.
I have been in household ownership for many years and have rich experience in managing finances, so I am the perfect choice.”
Needless to say, Tan Junyan's ability is obvious to all his colleagues, and his character is also fair, so no one dares to gossip about him.
Previously, Qi Yu specially set up Hai Dalong's case to test him, and this was his intention.
Judging from the results, it is pretty good and worthy of reuse.