"Last year we drafted three kinds of banknotes, one penny, five penny and ten penny." Lin Feng further explained the functions and requirements of the banknotes. It took a long time for the Mint Department of the Ministry of Household Affairs to find a kind of paper to use to mint banknotes.
This kind of banknote is tough and anti-counterfeiting, different from ordinary paper, and even partially waterproof. The person responsible for developing this kind of banknote
The old man actually only succeeded a month ago. Lin Feng originally thought that after the central government was abolished, the paper currency idea would never be realized. He never expected that the imperial court was short of money, so he proposed this suggestion. Later, Lin Feng proposed the idea of replacing copper coins with paper currency.
If paper money is adopted on a large scale, the government can even regulate the national economy by controlling the printing of paper money.
"Foreign countries entering our country used to trade directly with goods or gold and silver, and their wealth was always in their own hands. But if they use our banknotes to trade, they need to exchange their money for our banknotes before they can trade with our merchants. This
It also means that they need to give us all the gold and silver." Lin Feng said eloquently, "If one day
If there is instability in the Japanese court, or an invasion by foreign enemies, the people who least want to see anything happen to the court are those who hold banknotes, including the people of our country and the foreign countries around us that hold our banknotes. If a foreign country dares to offend our country, we only need an announcement from our country.
If the old banknotes are abolished and replaced with new banknotes, the country's banknotes will become useless paper."
Lin Feng talked from economics to politics, from people's livelihood to strategy, and talked for a full two hours. Not only did Emperor Dade have an eye-opening experience, but Gu Yong was also convinced. Emperor Dade immediately made a decision and launched a large-scale
Print paper money and replace copper coins and silver coins with paper money.
Although Lin Feng learned modern economics from Zhang Xiaowu, he was limited by this era and his thoughts after all. He believed that the forced implementation of the paper currency policy by Emperor De De was beneficial to the country, and the people would definitely support it. In order to support the circulation of paper money, Da De
The German emperor then issued a ban on silver, forcing only banknotes to be allowed for shopping in Longdu City, prohibiting the circulation of copper coins and silver, and people must go to the Central Bank to exchange banknotes.
As soon as the silver ban came out, not only the people of Longdu but also the whole world suddenly became panicked.
Businessmen or wealthy households may be able to accept banknotes, but they will never accept banknotes. Although using banknotes facilitates transactions, anyone with a discerning eye can see that banknotes are definitely a "weapon" to plunder everyone's property. So? Only in Longdu
There have been more than a dozen protest marches because of the refusal to use banknotes instead of money. In addition to vendors, the marchers also included students from Longdu City, and even students from various colleges and universities also participated.
In order to promote banknotes, Emperor Dai De took the lead in issuing paper currency military pay to the army, and asked no merchant to refuse. Previously, the court had no money to reward the Suzaku Army, which made the Suzaku Army dissatisfied. At this time, the court finally supported
After getting the bounty, the soldiers of the Suzaku Army immediately used paper money to buy and sell on the street. The local people refused, so the Suzaku Army immediately started arguing with the local people, and then started fighting.
At this time, local governments were also notified that they must support paper currency transactions. If disputes arise due to paper money, those who refuse to use paper money will bear full responsibility. Yamen in various places are dispatched throughout the day to specifically collect and find people who refuse to use paper money. Once they find that people refuse to use paper money,
? The lighter punishment can range from beatings to the severe penalties of confiscation of property.
Under the forced implementation, it took only five days for Longdu City to eliminate money and use all paper money.
The successful promotion of banknotes in Longdu City made Emperor Dade full of confidence, and he subsequently ordered the implementation of banknotes throughout the country, especially in the Jiangnan area, where banknotes were widely used instead of silver. And Lin Feng also became a celebrity in front of Emperor Dade.
Later, it was believed that Lin Feng served as the governor of Jiangnan and was responsible for the construction and restoration of the three states in Jiangnan (Hangzhou, Jiangzhou, and Yuezhou).
Lin Feng immediately rushed to the south of the Yangtze River and contacted the hidden rebels through the remnants of the Sky Fire Sect. They took advantage of Lin Feng's appointment as the governor of the south of the Yangtze River to resurrect their ashes. What Emperor Dade never expected was that letting Lin Feng go to the south of the Yangtze River would actually be a real disaster.
To cultivate a strong opponent for himself. Because Lin Feng had strong financial resources and devoted all his efforts, and the Jiangnan rebels were reunited by Lin Feng and no longer caused trouble, Jiangnan regained its vitality in a short time.
When Emperor Dade heard that Jiangnan was restoring people's livelihood, the people were living and working in peace and contentment, and the remnants of the rebels had disappeared, he immediately called Lin Feng a capable minister in the world, and promoted Lin Feng to the right minister of household affairs.
However, the ban on silver was not widely promoted in various places. Not only did the people reject it, but local officials also refused to use it. In some places, uprisings and riots broke out because of paper money, which really caused headaches for local officials.
Zhang Xiaowu naturally also received the paper currency task, because the next 500,000 taels of military pay for the Qinglong Army were the 5 million banknotes sent by the imperial court. Zhang Xiaowu did not expect that the central bank would forcefully implement banknotes in this way. In his heart, banknotes
It will take at least ten years of
However, unlike Emperor Da De, he was so impatient that it took only two months to implement it forcefully. Due to the insufficient quantity of paper, the quality of later banknotes did not use standard paper and became crude and random. This is simply not the case.
Promote paper money, but exchange paper for silver.
"Nonsense!" Zhang Xiaowu looked at the blurry ten-cent banknote in his hand and threw it on the ground angrily, "What is this? Looting property?"
Wu Song said: "Commander, the sergeant does not recognize the banknotes, so some soldiers gathered to ask for an explanation."
"What kind of explanation are you asking for?" Zhang Xiaowu glared, "I'm still fucking angry. Go ahead and tell everyone that I don't recognize this crap either."
"But what about the sergeants?"
"Tell them to be honest, Youzhou doesn't use banknotes for the time being."
"Is it just Youzhou?"
"Daizhou, Qingzhou, Xuzhou, Youzhou, the four places do not use banknotes for the time being. If anyone asks, just say that I ordered it."
"If the emperor blames him..."
"I can handle it."
"Here."
Zhang Xiaowu then came to Guan Xiang and asked about the banknotes. Guan Xiang was the most profitable person under Zhang Xiaowu. Some time ago, he was sad and fell ill because of Su Yu's murder. Fortunately, he recovered after two months of rest. Guan Xiang
After careful study, he shook his head and said: "Forcing the introduction of banknotes is tantamount to killing the goose that lays eggs. The current disadvantages will not be reflected for the time being, but in a year or two, there will be more and more banknotes, and I am afraid that the country and the world will be in chaos."
Guan Xiang's concern was inflation. Although he did not understand the term, he saw the biggest disadvantage of paper money. Paper money is just a symbol of transaction. When the government prints paper money at will, it will inevitably plunge the country into turmoil. The Kuomintang back then
The excessive issuance of banknotes in the mainland caused a total collapse of the domestic economy, which began with the plundering of private wealth by government agencies - and now, after having tasted the plundering of private wealth, the Great German Emperor could no longer resist his greed.