Chapter 377 The court needs to pay a price! ! ! !
Xia Zhibai stood tall, ignoring the shocked gazes of the officials, and said slowly: "I have such a firm belief, and the reason is only one thing."
"The Ming Dynasty is short of money!"
"And we lack a lot of money."
"Not only copper coins, but also silver, which the court lacks."
"As for copper coins and silver, the court cannot solve them for a while. It is destined that for a long time, the Ming Dynasty will be in a stage of half currency and half barter. This is absolutely impossible for a strong court. Intolerable.”
"The imperial court's monetary power must be grasped in its hands!"
"Since there is no solution to the problem of copper coins and silver in the short term, we have to find another way. Paper money has been around since the Song Dynasty. After years of development, a relatively complete system has actually been formed."
"It's just that during the Song and Yuan dynasties, the use and persistence of paper money was too absurd. They only used it as a tool for the court to make money, and did not use and adjust it correctly. Therefore, the 'currency' of paper money eventually became waste paper. .”
"Learning from the past is a guide for future events."
"The Ming Dynasty stood on the shoulders of the Song and Yuan dynasties, and should widely learn from its failure experience, improve and improve it, and make paper money truly integrated throughout the world."
"Once the paper currency system is formed, the benefits to the Ming Dynasty will be visible to the naked eye."
"The imperial court no longer has to worry about the shortage of copper coins and silver, which further reduces the 'fire consumption' and prevents the people from being exploited by unscrupulous merchants and officials who hold up their silver and need to exchange money. In addition, banknotes are easy to carry and circulate. , convenient for doing business.”
"Of course the most important thing is to gather the right to mint money."
"When the imperial court encounters financial shortages in the future, it can obtain banknotes through the issuance of debts to relieve the pressure on the imperial government and avoid the situation where the imperial court has no money to use."
“But the more this happens, the more we need to establish a complete system.”
"But I think the time has come."
"The best time to plant a tree was ten years ago, and now!"
As soon as Xia Zhibai finished speaking, Huang Zicheng came out to object.
Huang Zicheng said: "Words that harm the country."
"Since you know the fate of the Song and Yuan Dynasties, you should know why paper money cannot be circulated in the world. It's not that the court doesn't want to use it, but that the people of the world don't recognize it. You and I have read all kinds of books, and we all know clearly that Yuan Dynasty A large part of the reason for the demise of the modern era lies in paper money.”
"The massive issuance of banknotes has led to the devaluation of the currency. People have worked hard for a year and harvested nothing but a pile of waste paper."
“And the price is one per day.”
"As for the supervision you mentioned, is it easier said than done?"
"You are a little overly optimistic about people's hearts. If there is an opportunity to print banknotes on a large scale, who do you think will let it go? When encountering a problem, the first reaction is not to solve the problem, but to ask the court for money and issue it through issuance of money." To solve the problem with banknotes, printing banknotes will only create a group of losers who will not even think about solving the problem. ”
"This is a greater corruption!"
"You have a heart that can be killed!"
Huang Zicheng shouted loudly, his eyes widened like an angry King Kong, full of majesty and justice.
Zhao Mian, Yang Jing and others nodded slightly.
He also agreed with Huang Zicheng's view. The imperial court actually discussed it when the country was founded, but finally rejected it because the people did not recognize it and the people did not accept it. Could the imperial court really force the people to accept it? Moreover, Ming Dynasty now has paper money, so it is relatively restrained.
But what about the current situation?
People avoid this.
Not to mention taking the initiative to use it, even if you accept it, you will feel very resentful.
If not, the imperial court would have forced it long ago, so why would Xia Zhibai need to mention it?
Xia Zhibai's face remained as usual, and he didn't care much about Huang Zicheng's attack. Huang Zicheng's views were indeed the views of the vast majority of officials in the world, and even the views of the vast majority of the people.
Xia Zhibai said: "This is what needs to be changed."
"The court needs to pay a price!"
"Instead of making a lot of profits, or even making a lot of profits without capital." "At the beginning of the advent of paper money, paper money could be exchanged for equal amounts with copper coins and silver, but this gradually became impossible. The basis for the advent of paper money is that it can be understood by ordinary people. Equivalent exchange of money.”
"This is the premise of everything."
"Ignoring this premise is just a hooligan!"
"They are all robbers too!"
"Why did the paper money system collapse later? It was because the paper money issued in the Song and Yuan dynasties could no longer be exchanged for coins and silver, and turned into waste paper. Therefore, the original 'coins' were suddenly reduced to waste paper."
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"But if these banknotes can always be exchanged for copper coins and silver, will the banknotes become waste paper?"
"No!"
"And this is the basis of the paper money system."
"One banknote should correspond to the equivalent value of copper coins and silver."
"Spam issuance or issuance without any calculation is essentially using a piece of waste paper to defraud people of their money. This kind of thing happened all the time in the Song and Yuan dynasties in history. Ming Dynasty should learn this lesson."
At this time.
Zhu Tong said doubtfully: "What you said is right."
"But one thing is wrong. Since one banknote corresponds to equivalent coins and silver, doesn't it mean that no matter how many banknotes the court issues, so many copper coins and silver must be prepared? As you said before, the court is short of money. You are short of money, so how can you come up with so many copper coins and silver?”
As soon as Zhu Tong's words came out, they immediately aroused everyone's agreement.
"Yes."
"Isn't this unnecessary?"
"It is said that the court is short of money, so it has to issue banknotes, but to issue banknotes, it also requires the court to have so much money. So going back and forth is not a detour in vain?"
"That's right, what kind of idea is this."
"If this can be considered a proposal, I can make hundreds of them a day."
"."
Zhu Biao was stunned for a moment, with a look of confusion and astonishment in his eyes.
He hadn't thought of this before.
He turned to look at Xia Zhibai.
Xia Zhibai's face was calm, and he seemed to have been prepared for Zhu Tong's problem. He smiled gently at Zhu Tong and said, "What you said is right. It is to solve the problem that the court has no money, but also wants the court to have money." Money, this is already a contradiction.”
"But that's not the case."
"When I came to the palace this time, I actually didn't expect that His Highness would summon so many officials."
"Since there are so many officials who are proficient in economics, I will start to draw ideas, no longer limited to currency, but to the entire economic system."
"Explain the paper money system in a more systematic way."
"There is no doubt that the issuance of banknotes must have an anchor."
"But the anchor can be money or other things, such as a piece of clothing, a palace, a piece of jade, or..."
"The credit of the imperial court!"
"It's just that the people currently only recognize coins and gold and silver."
"Therefore, the paper currency system cannot go against this reality and can only be anchored with gold, silver and copper."
"The imperial court cannot make money, but the imperial court still has a way to make money."
“It’s ‘borrowing’!!!”
(End of chapter)