Luo Youdu originally wanted to give himself a holiday until after the Lantern Festival before handling government affairs.
But I have something on my mind, so I can't help but deal with it first.
This habit is the same as that of later generations. Many times I said I wanted to take a break and go out for fun, but in the end I would cancel all activities due to work matters.
Luo Youdu couldn't wait to invite Dou Yi, Zhao Pu and Lu Duoxun.
Among the five phases, Pan Mei does not participate in government affairs, while Xue Ju is a good old man who maintains the stability of the temple.
Dou Yi, Zhao Pu, and Lu Duoxun were the prime ministers who really had actual power in the Dayu court. Major matters of the country were basically discussed by them, and then Luo Youdu made the final decision, and the others were more responsible for execution.
Luo Youdu looked at some details about banknotes that he had sorted out last night to see if there was anything else he could add.
Although they were on vacation at this time, Zhao Pu and Lu Duoxun rushed to the Rende Hall as soon as possible.
Judging from the speed, the two of them did not take a vacation at all, but were waiting in the council hall, waiting for their summons.
Luo Youdu smiled knowingly, these two guys are so closely entangled now that they have to compare themselves in everything, even diligence.
Of the two prime ministers, the one who stayed at the office worked overtime during the Chinese New Year. If it weren't for financial constraints and the salary in this era was paid once a year, he would have been willing to give them double wages.
Although Luo Youdu knew what the two were thinking, he still opened up the topic and gave the two a chance to express themselves: "You two came so quickly? Didn't you come from home?"
Zhao Pu bowed and said: "I am a humble minister, I am often laughed at, I am mediocre in learning, and I only know that my ability is limited. But I am so highly regarded by Your Majesty, I dare not live up to the high expectations, let alone slack off in the slightest, I just want the stupid bird to fly first, so as to repay Your Majesty for your kindness."
.”
Luo Youdu thought to himself: "If you are stupid, how can there be any smart people in this world?"
How Zhao Pu quietly replaced Song Qi and became the largest party in the temple is something he, the emperor, knows very well.
After hearing Zhao Pu's explanation, he also gave Lu Duoxun a pair of eye drops.
It is well known that Zhao Pu governed the world with half of the Analects, and had a low level of education.
As a Jinshi of the Later Zhou Dynasty, Lu Duoxun expressed his disdain and dissatisfaction with Zhao Pu more than once.
Luo Youdu glanced at Lu Duoxun.
Lu Duosun looked like he had nothing to do with me.
He was a little lower than Zhao Pu, so he did not rush to speak before him, but he did not want to be outdone when he spoke: "Your Majesty lived during the reign of Yao and Shun. At such a young age, his achievements are not inferior to those of the wise kings and saints of the past. I know that your Majesty is worried about the affairs of the country. The people of the world have rested. I
He won't rest either. If your Majesty doesn't rest, how can I dare to rest?"
Luo Youdu smiled and nodded and said: "I have received Aiqing's wishes. Please sit down and have tea and wait. When Xianggong Dou arrives, we will discuss it together."
As he spoke, he ignored the two of them and looked at the information in his hands.
Dou Yi is also a workaholic, but he is not like Zhao Pu. Lu Duoxun is also busy in the meeting hall when he has nothing to do. He came later and his face was a little rosy.
"I have met His Majesty!"
Dou Yi saluted with some piety.
Compared with Zhao Pu, Lu Duoxun, and Luo Youdu, who are both capable of doing things and causing trouble, they have complete trust in Dou Yi, and so does Dou Yi.
They have known each other for many years. Even though Dou Yi already knew Luo Youdu's personality, when he entered the palace today and heard the guards saying that he was allowed to ride a chariot and horse into the palace, he still couldn't help but feel warm.
It was only the second day after Luo Youdu moved into Luoyang Palace that this order had been conveyed, which showed that the king in front of him really took him to heart.
The sincerity is revealed in the details.
Luo Youdu motioned Dou Yi to take a seat, and then talked about the issuance of banknotes: "Tongbao copper coins are only suitable for small-scale transactions. Once the amount increases, the coins will become a burden, which will greatly affect trade. In view of this, the former
The DPRK has issued Feiqian, and I will thoroughly promote Feiqian."
The so-called flying money is a way of exchanging money to facilitate merchants' trade.
With the development of the times, business became more and more important to the imperial court. In ancient times, the society was light on commerce, but by the Tang Dynasty, it had begun to open back doors for merchants to make things convenient, and flying money was born.
The so-called flying money literally means withdrawing money with paper coupons without transporting it. Money flies without wings.
To put it bluntly, it is a kind of voucher, similar to a check. Merchants in Bianjing can hand over the trade principal to Jinzouyuan, which will develop the voucher. Then the merchants take the voucher to Jinzouyuan in Chengdu, Quanzhou, or even Guangzhou.
Receive the same amount of currency, eliminating the pain of carrying hundreds of kilograms of coins along the way.
In order to facilitate special exchanges, Luo Youdu also specially set up an exchange department in Jinzouyuan, and only charged a very small interest rate for currency exchange to stimulate long-distance business exchanges.
However, Feiqian is only an exchange business in a strict sense. It does not involve itself in circulation and cannot perform the function of currency.
Luo Youdu strengthened his voice: "But I think that flying money alone is not enough. It is best to issue banknotes directly. The imperial court opened banks in all major states in the world, and merchants and people exchanged coins for equivalent banknotes, and used banknotes to replace large-scale coins.
In this way, merchants and ordinary people do not need to carry a large amount of coins when purchasing bulk goods, but only need to carry a few banknotes. If the issuance can be promoted, there will be many benefits..."
He explained in detail the benefits of opening a bank and issuing banknotes.
What facilitates the circulation of goods and promotes the development of people's livelihood. The coins in the hands of merchants and common people can be properly recovered and used for state purposes, and even the court can regulate interest rates, etc...
Luo Youdu was a businessman in later generations, and he knew all about the tricks in business, so he selectively picked some that were convenient for him to accept.
It was a long talk, which made my mouth feel dry.
Luo Youdu picked up the tea on the table, drank it all in one gulp, took a breath, and said, "Is there anything else you don't understand?"
He seemed to have returned to a meeting in later generations and found a little bit of his state.
Dou Yi, Zhao Pu, and Lu Duoxun were all top-notch heroes at that time. They listened carefully and tried to digest everything.
None of the three people answered immediately, but each was thinking about something.
After a long while, Dou Yi collected his thoughts and then said: "I understand your Majesty's intention in general. Your Majesty's idea of promoting paper money is indeed unique, and each has its own mystery. However, I have a few questions in my mind, but I don't know how your Majesty will solve them?
"
Luo Youdu smiled and said, "You can just tell me."
Dou Yi said: "Banknotes are naturally made of paper. No matter how strong the paper is, if it changes hands many times and is not well maintained, it will eventually be worn out. At that time, the writing will inevitably be worn or even cracked. What should we do? What should we do?
There are countless strange people in this world. The Yongjing Tongbao of Dayu is so well made that some people even imitate it. It is impossible for a large number of banknotes to be drawn by the masters of the country one by one, so printing must be used. This printed object is very easy to imitate.
What if after the issuance of banknotes, counterfeiting becomes rampant and everyone exchanges fake banknotes for real treasures?"
"Have your Majesty ever thought that this banknote is just a piece of paper, and the denomination it represents is directly connected to the court's credibility. If something goes wrong, it will directly affect the court's credibility and lead to market turmoil.
, the people no longer trust the imperial court, and will regress to the bad situation of bartering. At that point, how will it end?"
Dou Yi asked three questions in a row, which made Luo Youdu amazed.
Perhaps due to the limitations of the times, the ancients were bound by common sense in many things, and appeared short-sighted and even ignorant. But if you really think that they were stupid, you would be looking down on your predecessors.
It was the first time Dou Yi heard about paper money, but she immediately realized the huge shortcomings of paper money just from Luo Youdu's narrative.
This strategy is really amazing.
Everything was exactly as Dou Yi said.
Regarding the development of coins, Luo Youdu, who was a businessman in later generations, knew a thing or two about it.
The earliest records of real banknotes in history were issued by wealthy private merchants in the Shu region. In order to facilitate trade, sixteen large-scale businesses united to issue banknotes. However, soon due to the moral loss of individual merchants, the financial resources of individual merchants
The shortcomings have caused banknotes to lose their due credibility.
But this move also provided the Northern Song Dynasty court with a feasible method, and then the world's earliest paper currency Jiaozi came out.
The appearance of Jiaozi soon became popular all over the world, but it also caused various problems.
In the feudal era, the court could not effectively control the issuance of banknotes. Whenever there was a need for huge financial expenditures, the court could not restrain its own behavior. It used its power, abused its credibility, and issued banknotes without restrictions, making Jiaozi a source of wealth.
As a tool, it causes inflation, which makes banknotes lose their credibility, lose their circulation function, and become waste paper.
Dou Yi's three questions, every word of which is precise, are like predicting the future.
But Luo Youdu couldn't solve it well. He didn't hide anything, but said truthfully: "As the saying goes, I can't completely solve this inevitable problem, but I think that issuing banknotes will benefit the country and is worth it."
try."
The dangers of issuing banknotes are obvious and even unavoidable, but the conveniences are also visible to the naked eye.
Historically, the final results of Song Jiaozi, Ming Baochao, and Republic of China banknotes made the people miserable.
But there is a question: why is this banknote still popular in the world despite so many lessons learned?
Are officials from all dynasties stupid? Can’t understand the harm involved?
Obviously not!
In fact, with the progress of the times and the development of the economy, bulky coins can no longer meet the needs of the economy, and the emergence of paper money is an inevitable result.
Luo Youdu, as the supreme helmsman of the Dayu Dynasty, clearly felt that the imperial court's economy had gradually reached a bottleneck.
The inconvenience of currency payment has greatly affected economic development.
Especially long-distance trade...
For example, tea leaves from the south of the Yangtze River, horse leather medicinal materials from the south and north of the desert.
Grassland people are happy without tea, and young horses in Jiangnan lack high-quality leather. A complementary trade route could have been formed. However, businessmen in Jiangnan would rather sell tea nearby at a low price than sell it to the north. The same goes for the horse leather medicinal materials in Mobei and Monan.
Same.
The distance is too long, currency transactions are too troublesome, and the risks outweigh the value, directly affecting the circulation of commodities and economic development.