Qiming 1158

Chapter 1296 Fighting magic with magic

Although the scale of private commercial transactions is not large due to the shrinking of the commercial scale, the people have savings in an objective sense, but because of the reform of the tax policy in Daming, the tax collection is a tax on copper coins, and the imperial court can continuously obtain copper coins through taxation.

A certain amount of copper coins are invested, so that the coins enter the circulation field, and some copper coins are collected from taxes. After the tax coins are obtained, they are continuously put into the circulation field.

After this series of operations, the Ming government was able to ensure the amount of copper coins circulating in the market and prevent deflation from appearing, which to a certain extent could curb the situation of private money hiding.

Therefore, in the current Ming Dynasty, the act of saving copper coins does not affect the fundamentals of the Ming Dynasty using copper coins to run the economy. There is no deflation, which is completely different from the situation in the Northern and Southern Song Dynasties.

Finally, there is the situation of ruined money castings that were popular among the folks of the Northern and Southern Song Dynasties.

The reason for this is also hilarious.

In fact, the Song Dynasty did not know much about the economic operation of its own country.

Their officials lack professional economic knowledge, and they are all sclerotic and rigid in reading Confucian classics. They are typical nerds. They have not specially studied economic development issues and lack relevant knowledge reserves.

The Song Dynasty did not have educational measures to train talents in the economic field, and officials who engaged in economic work after becoming officials were also half-way monks.

Facts have proved that there are only very few people who can become experts halfway through becoming a monk. Occasionally, one or two officials with views and researches on the economy, such as Wang Anshi and Cai Jing, will also be turned into good careers by a group of mediocrity and idiots who take politics as their platform. Ruined.

Most of their officials and even the emperor did not know much about how to macro-control the development of the economy. They only knew that the first two phenomena caused a shortage of money in the country, so they worked hard to cast more copper coins into the market.

They feel that as long as enough coins are minted, the problem can be solved, and all problems are caused by insufficient coins, so minting coins is enough.

If you are short of money, I will mint coins. As for why you are short of money...

unimportant.

A typical headache doctor is a head and foot pain doctor.

However, the market does not really need that much copper money.

It's just because a considerable part of the copper coins have left the circulation field abnormally and are no longer in circulation.

The Song Dynasty did not understand this, or could not think of a way to solve this problem, so not only did it not take measures to bring copper coins back into circulation, but instead invested a huge amount of copper coins into the market every year.

If you are short of copper coins, I will coin coins and throw them into the dead, that's all.

Therefore, the amount of copper coins that Song Ting put into the market every year was more than ten times that of the Tang Dynasty.

However, its economic scale is not more than ten times that of the Tang Dynasty, and its territory is far less than that of the Tang Dynasty. Therefore, such a large amount of investment in copper coins cannot solve the problem, but can only reduce the purchasing power of copper coins.

As a result, there was a very strange phenomenon in the market at that time.

The value of copper coin is because it is copper itself, not the face value, but the actual weight. As Song Ting invested a lot of copper coins into the market, the price of copper utensils continued to rise in the market, but the weight of copper coins needed to buy copper utensils was far. A phenomenon that is higher than the weight of copper.

There is a very strange price gap between the two, so that the middle is profitable and the profit is not low.

As a result, there has been a large-scale phenomenon of "destroying money casting tools" among the people.

Rich people and even ordinary people with considerable wealth began to melt the coins in their hands into copper utensils to obtain higher benefits.

Because it is profitable, more and more people do this, and as a result, there are fewer copper coins circulating on the market.

The coins are not used for circulation, but are used for other things to earn more coins.

After summarizing this series of problems, the Central Capital Economic Conference chaired by Su Yonglin concluded that the outflow of copper coins, the hiding of money, and the destruction of money casting vessels had nothing to do with economic development at all, and were purely economic chaos.

Song Ting did not focus on changing such economic chaos, but just blindly invested copper coins in the market, which made the economic chaos intensified.

The intensifying economic chaos will only make the money shortage worse. Song Ting continued to invest a lot of copper coins to alleviate the money shortage, and then the people continued to use various economic chaos to make this part of copper coins continue to be out of the normal circulation area, aggravating the money shortage.

In this way, the economy of the Northern and Southern Song Dynasties finally fell into a vicious circle with no cure.

On the one hand, too much copper ore reserves are consumed, which greatly reduces the copper ore resources that are not rich.

On the one hand, it is impossible to correct the economic chaos, which makes the economy fall into a vicious circle, and finally leads to the cost of coinage exceeding the value of the coin itself, and the financial depletion.

No matter how chaotic a dynasty is, as long as it has money, there will be a way, but if there is no money, it will be over.

It should be said that in the face of these real problems, Daming has made targeted countermeasures.

Since the establishment of the Ming Dynasty, in the process of sorting out the economic chaos, these problems have been dealt with and suppressed to varying degrees, and finally these three problems have been greatly alleviated to a certain extent.

For example, the problem of hiding money was basically solved through the tax reform and the land revolution. Now the Ming Dynasty treasury has a large amount of copper coins, and the overall operation is in good condition. Every year, many large landowners can find the money storage cellars in the local area.

The problem of the outflow of copper coins has also realized the recovery of copper coins in the physical sense by eliminating many countries from which important copper coins have flowed out, so that these copper coins have returned to the circulation field and entered the central treasury in good condition.

As for such issues in the future, the Zhongdu court also intends to establish some regulations, such as stipulating that foreign transactions advocate the use of Daming treasure banknotes, legislation to strictly restrict copper coins from leaving Daming, and serious crackdowns and punishments on such phenomena.

As for the phenomenon of destroying coins, the Ming government intends to reduce the number of coins minted in the future.

Even to a certain extent, the copper coins issued by the Northern and Southern Song Dynasties were recovered, and they were included in the warehouse and temporarily not put into circulation, so as to increase the value of the currency, so as to solve this paradoxical chaos.

Judging from the results of the two full years of Hongwu's six-year and seven-year economic surveys, some of the previous Ming central officials' one-sided stereotyped views on the economy and currency of the Northern and Southern Song Dynasties were overturned.

They finally determined that the amount of copper coins circulating in Daming is not too small, but too much, to the extent that inflation needs to be suppressed through various economic chaos.

Too many coins are minted, which leads to inflation, and various economic chaos in the private sector has caused a large number of copper coins to be out of circulation, which has resulted in a shortage of money and deflation.

The two actually reached a delicate balance in a sense, so that the value of copper coins in the two Song Dynasties has been relatively strong, and the operation is OK, until the government of the Southern Song Dynasty can no longer cast large quantities of copper coins into the market, and finally ushered in the economy. total collapse.

It has to be said that this is an economic spectacle of magic against magic.

But this is an abnormal phenomenon after all, and Daming cannot accept this situation.

Song Ting's economic work was really poor, and he almost lost the function of regulating economic development. He either pushed Jiaozi and Huizi for endorsement, or randomly minted coins and issued them. Facing the economic chaos, he could not solve it at all. Method.

For such problems, Ming Zhongyang did not lie down, but hit hard.

At present, through a series of correct operations in the control area of ​​the Ming Dynasty, the currency value of copper coins has been maintained, the normal and healthy circulation of copper coins in the market has been restored, and the economy has developed smoothly.

The economic turmoil in the Northern and Southern Song and Jin states did not affect the Ming state, but instead allowed the Ming state to eliminate this problem through thorough social revolution and land reform, and solve all the problems.

Therefore, the destruction of Chuanshu's Jiaozi saved Zuo Ming a lot.

(End of this chapter)