Zhao Si saw everyone's reaction, he paused for a while and continued.
"There is also finance, from shells to the money made by various countries in the Warring States Period, to deer skins, five baht coins, and Jiaozi. They are essentially the circulation of money and financial behavior. It's just that the ancients didn't understand the nature of money -
It is the certificate and agreement that everyone exchanges, 'I give what I have to the market in exchange for what I need'."
"From what we just said, we can see the three characteristics of currency, one is liquidity, the other is value, and the third is trust. Circulation is just as the name suggests. If I carry money, it can be used in Kaifeng, Chang'an, and Peiping.
.Value means how much one dollar can be exchanged for. There needs to be a unified standard."
"The trust foundation of money is the most easily ignored by everyone. Why is money valuable? You can tell me."
Zhao Si asked a question on the spot, and then pointed at a student who raised his hand.
"Because gold, silver, and copper as money are rare and valuable."
The student stood up, took the tin trumpet handed by the secretary, and replied with a trembling voice.
"Very good!" Zhao Si motioned the student to sit down, "It's beyond my expectation. I thought you would answer, because money is valuable!"
The venue burst into laughter.
When the laughter dissipated to a certain extent, Zhao Si asked: "Don't laugh, everyone. Is this the answer that many people here have in mind?"
"Well, seeing the looks on many people's faces, I knew that my guess was correct." Zhao Si smiled, "The student just now used his brain and thought about it seriously. Yes, very good. The one who handed me the note today
People who have not voluntarily marked their names will not ask for it. But for everyone who answers the question, the secretary will write down their name and college class."
"But unfortunately, I still got the wrong answer. Things are rare and valuable. This is only one of the reasons why gold, silver and copper can become currency, not why currency is valuable. The reason why currency is valuable is very simple, because it can be exchanged for money anytime, anywhere.
different things."
The venue was buzzing with discussion again. The students had different opinions on this answer. Zhao Si waited for a while and asked another question.
"Then let me ask another question. There is a flood in a certain place, and A and B are trapped on an isolated mountain. The flood is expected to take more than ten days to recede. A brings all his wealth, one thousand yuan of silver yuan and five thousand yuan of silver yuan in coupons. B
Then he brings more than a dozen noodles. At this time, can A’s money be exchanged for B’s noodles?”
"able!"
"cannot!"
People at the venue responded loudly.
"There is a disagreement. Then let's modify the conditions. If B only has two pieces of cake left, can A still get them in exchange?"
"cannot!"
Most people answered in unison.
"By the way, you can't exchange it for bread at this time. Smart people may think that these should be different conditions and the value of currency is different. In fact, this is essentially a trust issue. A can't exchange for bread. The fundamental reason is that B knows,
In that situation, it is impossible to exchange money for more bread. He no longer believes that the money in A’s hand is still valuable!”
Speaking of rising, Zhao Si left the podium and started walking nearby.
"So you can see that the basis of currency is trust. Gold, silver, and copper can neither fill the stomach, nor protect against cold and warmth. Just because some people believe that it can be exchanged for various things, it becomes valuable and has value. Think about it.
Through this, we can draw inferences. Only things that can gain enough trust, be given value, and can be easily circulated can be used as currency."
This chapter is not finished yet, click [next page] to continue reading--
【Shizu of the Song Dynasty】 【】
"Thinking about this, we can understand that although Emperor Wu of the Han Dynasty's deerskin and five-baht coins increased in value in a short period of time, they destroyed the trust foundation of currency. When this foundation collapses, the currency and financial system collapses, and the entire country's finances also collapse.
Follow and finish!"
The students at the venue became more and more excited as they listened. They had never heard such a statement before - but after listening to it and thinking about it carefully, they found that it could explain many weird things in history.
"I am just saying this to tell you that the improvement of taxation, finance and fiscal systems is not a means of collecting money, but a way to promote the economy. How to promote the economy? In the past twenty years, the economy of the Song Dynasty has developed rapidly, the national treasury is abundant, and the people
There is no need to worry about food and clothing, the roads are smooth, and everything gathers..."
"Many people summarized the reasons, and some even wrote hundreds of thousands of words eloquently. But in my opinion, most of them are scratching the surface, and some of them are just bullshit!"
No one present dared to refute Zhao Si's unkind words, because the economic development and wealth growth of the Song Dynasty in the past two decades were all driven by him.
He has the qualifications!
"Before summarizing the reasons, I would like to ask you a question: Do you know what capital is?"
Only a few people raised their hands, and Zhao Si nodded at random.
"Students only know that in the "Accounting" homework and the new accounting regulations, it is mentioned that capital is the same as liabilities and is the capital, machinery, raw materials and other means of production that are invested in production."
"That's right. From this point we can see that capital is almost equal to capital, or in other words, equal to money. Because production materials such as machines and raw materials can be bought back with money. Why do we need to formulate such a new term?
"
Zhao Simeng waved his hand and said decisively.
"Because money is not the same as capital. The classmate just now said that the funds invested in production...or money are called capital. When you earn a lot of money, you can buy land and collect rent, build a big yard, and get married.
Concubine, everything has been spent, but it cannot be called capital."
"Only when you invest in production, expand the scale of production, and obtain more profits, can you call it capital. Yes, to put it bluntly, it means making money make money! How to make money? Put it into production instead of buying land and building houses.
.”
"A thoughtful person can see that all the laws and measures of our government are to encourage capital. Yes, from taxation to finance to the fiscal system, the ultimate goal is to encourage and protect capital. Why is capital so valued?
?Because it can create huge social wealth”
"Buying land and building a house can only make you a miser and make yourself rich. It cannot create social wealth and cannot allow you or others outside your family to enjoy the distribution of wealth. For example, investing a lot of money, repairing factories, purchasing machinery and equipment
Raw materials, hiring workers, and setting up a large-scale cotton mill."
"The cotton mills are running, providing a steady stream of raw materials for the downstream cotton mills, allowing the cotton mills to produce a large amount of cotton cloth, flooding the market, not only for the daily use of thousands of people, but also to go overseas and exchange for a large amount of wealth.
"
"Upstream, the cotton mill needs money to purchase cotton and machinery, so it supports many cotton farmers and several machine factories. It employs thousands of workers. These workers are paid for their labor and can support their families.
.Let’s count it out: if a cotton factory invests 500,000 yuan in capital, how much wealth does it create? How many people does it support?”
This chapter is not finished yet, click [next page] to continue reading--
【Shizu of the Song Dynasty】 【】
The students at the venue couldn't help but whisper among themselves. They never imagined that a cotton mill could have such an effect and bring such a great social impact.
Zhao Si felt very pleased to see that the majority of students could understand the meaning of his words.
If I had said this when I first took the throne, most people would not understand.
If you don’t understand it, how can you support it?
Now, after twenty years of subtle practice, these views can finally be put forward formally, and these students can understand them and understand their benefits.
