Bury the Qing Dynasty

Chapter 159 Zhu Jinsong: I was fooled

Ever since the home world model was launched, Zhongyuan Tangkou has always judged the emperor from the aspects of martial arts, martial arts and even personal morality. He even wished to use a magnifying glass to find faults. Those with slight flaws are not qualified to be called Mingjun.

Of course, the twelve locust emperors of my Qing Dynasty do not apply the judgment criteria of the Central Plains Tangkou. After all, they are masters and sons, and slaves are not qualified to judge at all, so the twelve locust emperors are all Ming emperors and holy masters. son.

And the barbarians in Europa judge whether the monarch is holy or not, and the criteria used by the Central Plains to judge whether an emperor is holy or not are completely different-no matter how bad those monarchs are in terms of culture, and no matter how absurd their private morality is, as long as they are outside If the war can be won, then it is a proper Mingjun Holy Lord.

As for Louis XVI, who had just stabilized the situation in France and gained a wave of favorability among French civilians, no matter whether he took the opportunity to turn Portugal into a French colony or forced Portugal to pay a protection fee, it was enough. Achieve the prestige of Louis XVI's second Sun King.

If we add in the cultural and political things learned from the Ming Dynasty, such as diligent government and love for the people, light corvee and light Fu...

Isn't Louis XVI the proper Europa version of the eternal emperor?
Thinking that Louis XVI became the emperor of Europa through the ages with his help, and that he would leave his own mark on the history of Europa, Pierre couldn't help but become hot, even There is an urge to pee.

At this moment, any money or fiefdom became trivial matters to Pierre.

To Jun Yaoshun!

In order to achieve the Europa version of the "Eternal Famous Minister", Pierre agreed to Zeng Cheng's request without hesitation: "Don't worry, Mr. Zeng, I will let Louis send someone to inform Portugal about this matter, and ask them to send an envoy , came to Daming to discuss the compensation of military expenses."

Zeng Cheng is very happy about this—today Portugal pays tens of millions of taels, tomorrow you can find some other tooth to get tens of millions of taels, and the day after tomorrow you can find me Ta Qing to get tens of millions of taels. Already have silver?
However, Zeng Cheng's happiness didn't last long, and he didn't even have a few words with Pierre, so Liu Huaiwen sent someone to call him to the treasury, and then they went to the Jinan Palace to see Zhu Jinsong.

The problem is very simple, that is, more than half a month after the issuance of the treasure banknotes, there was a shortage of treasure banknotes in Jinan Prefecture for no reason.

The first to discover the problem was the bank in Jinan Prefecture.

At the beginning, the treasure banknotes were still in the cycle of being exchanged-paying taxes and returning to the bank-reconverting-repaying taxes, but as time progressed day by day, after more than half a month, the treasure notes recovered by the bank The banknotes are no longer enough for the remaining merchants to exchange and pay taxes normally. When the treasury allocates another batch of treasure banknotes, after the spring tax is collected normally, there are no treasure banknotes in the bank!
Just when the banknotes were issued, such an outrageous thing happened. The bank immediately brought the problem to the treasury, and Liu Huaiwen, who was in charge of the treasury, was also confused.

The Ming treasury now has silver and copper plates worth 5000 million taels, but there is not even a hair of the billions of treasure notes issued.

Okay, it would be a good thing if all these precious banknotes flowed into the people. After all, Daming itself will promote precious banknotes to replace gold, silver and copper coins. This time they have been exchanged, and another batch will be printed next time. up.

However, after Liu Huaiwen sent someone to investigate, they found that there were only a small amount of small denomination banknotes in circulation in the Ming Dynasty.

As a result, Liu Huaiwen panicked-the treasure banknotes are not in circulation?Where did the money go?Also, what should I do when the autumn tax is due?Is it really going to print another billion?
After thinking about it for a long time, he couldn't figure out why. Liu Huaiwen, who was completely panicked, simply asked someone to call Zeng Cheng, the chief assistant of the Ming Dynasty, and then reported the matter to Zhu Jinsong together.

And Zhu Jinsong, who was born in engineering and turned to coding industry halfway, was also confused.

According to the textbooks issued by an orphanage, the premise of issuing currency at the Central Plains Hall is the gold and silver standard system. As much as the gold and silver in the treasury, the equivalent currency will be issued. Excessive issuance will easily depreciate the currency. .

These textbooks even repeatedly cited the issue of additional banknotes from the Hongwu period to the Zhengde period, which eventually led to the complete collapse of the credit of the banknotes.

Including these bigwigs in the Ming Dynasty Hall also have the same opinion.

Therefore, when issuing Daming banknotes, the principle of issuing as many banknotes as there are gold, silver and copper coins in the treasury has always been followed, so as to avoid a sudden run on the banknotes and affect the reputation of Daming banknotes.

Zhu Jinsong even took out 1000 million taels from the internal funds and injected it into the treasury, asking the treasury to prepare for a run.

However, there was no use for it, and the run did not happen. Instead, the treasure banknotes showed a state of insufficient supply.

Zhu Jinsong, who also couldn't figure out the root of the problem, simply asked Jin Yiwei, the Metropolitan Procuratorate, and Yushitai to go to the bank to check the accounts, and at the same time sent people from the Tiandihui to investigate the situation among the people.

However, what makes people even more confused is that Jinyiwei, the Metropolitan Procuratorate, Yushitai, and the bank jointly checked the accounts, and checked carefully with the treasury for a long time, but finally came to the conclusion that there was no problem with the accounts. It was replaced by private merchants.

For example: Zhang San has to pay a tax of 180 taels, so the treasure he needs to exchange is 2000 yuan, but Zhang San exchanged [-] yuan, of which [-] taels was used by him to pay taxes, and the remaining two The hundred yuan was taken home by him and collected.

That's right, it's a collection.

Zhang San said, because of the number of "Yellow Emperor 4487 XXXXXXXXX", this first batch of treasure banknotes has a great collection value. Why don't you take them home and collect them instead of spending them?Who is stupid!

More importantly, because Zhu Jinsong and the bigwigs in the court plan to start with taxation to promote the issuance of treasure banknotes, the treasure banknotes issued here are basically one hundred yuan bills, fifty and twenty Treasure banknotes with denominations of [-] yuan and [-] yuan are in the minority, and treasure banknotes with denominations of cents and corners are even less.

This has also led to the fact that the collection attribute of large-value banknotes is greater than the circulation attribute-it is normal for you to buy a steamed bun tea egg with a fractional banknote equivalent to a penny, and you can buy a tea egg with a hundred-dollar bill try?

Regarding this situation, Zhu Jinsong and the bigwigs in the Ming Dynasty Hall were also extremely distressed.

Has the banknote been issued?
It was issued, not only was it issued, but it was directly over-issued for the first time, reaching a huge amount of one billion that is the same as this year's spring tax as a whole, and the recognition by the people is very high.

The results of it?
As a result, the billion-dollar banknotes didn't even splash a single wave.

It was precisely because of this situation that Zhu Jinsong felt that something was wrong, but he couldn't figure out what the problem was just for a while.

After the bigwigs were silent for a long time, Liu Huaiwen couldn't help sighing, and said: "It would be great if the silver in the hands of the merchants and the copper coins in the hands of the common people can be directly exchanged for treasure notes and coins."

After Liu Huaiwen's words fell, all the bigwigs in the room couldn't help but sigh in unison—isn't this bullshit? Isn't this the purpose of issuing treasure notes?
But when the big bosses were sighing, Zhu Jinsong suddenly said: "It's wrong, it's all wrong, I'm wrong, and you are wrong too."

"We have always thought that the amount of currency issued should be determined by how much silver is in the treasury. In fact, this is wrong. We have been wrong from the beginning. The only thing that is correct is to calculate this year's spring tax in advance, so the over-issued A part of the treasures."

Zhu Jinsong always thought that those time traveler textbooks were correct, but when it was his turn, Zhu Jinsong discovered that there was a very important advance, which was not mentioned in these textbooks.

The role of banknotes and coins is to replace the original system of gold, silver and copper coins. Therefore, the total circulation should not be based on the amount of gold and silver in the treasury—how much money can the treasury have?

Liu Huaiwen has been digging and searching for so many years, and the silver deposits in the treasury are only about 1000 million taels, because the construction of roads and bridges, dredging of rivers, construction of social schools, etc. are all gold-swallowing monsters, and tens of millions of taels of silver are thrown away. Just go down and listen to the noise.

Besides, although Daming does not have tens of millions of taels of wealthy merchants, there are a lot of tens of thousands of taels of tens of thousands of taels, and billions of treasures are distributed to the whole of Daming, basically not even a splash.

Don't forget, Heshen and Zhongtang alone have 80 taels of property, which is equivalent to [-] billion treasure banknotes. It is conceivable how big the economy of the entire Ming Dynasty is.

One billion treasure banknotes looks like a huge amount, even if converted into silver, it is as much as [-] million taels. However, compared with the economic needs of the entire Ming Dynasty, these billion treasure banknotes are actually not even a fart.

Therefore, the issue of currency should be judged on the premise of guaranteeing credit, based on the current economic volume as reference data, and combined with the current financial situation.

After figuring this out, Zhu Jinsong felt that he had been fooled.

After discussing with Zeng Cheng, Liu Huaiwen and other bigwigs, Zhu Jinsong decided to issue another one billion banknotes, mostly in small denominations, so as to increase the number of banknotes circulating on the market and speed up the process. The speed of popularization of banknotes.

……

Recently, the people of Ming Dynasty have been eating quite full - big melons one after another, eating endlessly, even if you want to be hungry, you won't be hungry.

First of all, Daming decided to use force against the Portuguese barbarians entrenched in Macau and wiped them all out. The speed at which work started in the morning and ended in the afternoon made the people happy for a few days. Many families with sons thought about whether to send their sons to join the army. Those who have daughters think about whether to find a son-in-law.

But, this kind of thing is not very attractive to the people of Ming Dynasty, because it is taken for granted that the army of Ming Dynasty won the battle, and it is rare to lose the battle.

Relatively speaking, what attracted the common people's attention was that the emperor and the imperial court were going to issue Daming banknotes to replace the original gold, silver and copper plates.

Out of trust in the emperor, the people and merchants of Ming Dynasty are willing to try to use the precious banknotes. Even if this thing is really as deceptive as the treasure banknotes in the Hongwu period, then we ordinary people will recognize it and support the emperor. chant.

The key is that the imperial court only recognizes the precious notes but not the silver when collecting taxes, and those merchants are also willing to accept the precious notes, and there is nothing they can do if they don't want to.

However, what is confusing is, where is this thing called Baochao?Who has it?

Without you still talking about wool?

However, the sad thing is that the new treasure didn't come out until the five years of the Holy Emperor had passed, and the barbarians entrenched in Portugal became Jingguan.

Then?And then there is nothing more.

Once the new banknotes were issued, the wealthy merchants exchanged some of them and took them back for collection. Only those small-denomination coins flowed into the people, and not many of them.

Therefore, the people of Jinan Prefecture are not happy - why are they all the people of the Ming Dynasty, those wealthy merchants can have treasures, but we mud legs can't?This matter has to go to the peasant association and let the peasant association decide!

But after the treasury printed one billion more small-denomination banknotes, the people in Jinan found that the treasure banknotes were still not enough.

The number of one billion seems quite large, but what about the whole Ming Dynasty?Even if Shandong has a special status, it is not too much to divide more than 100 million, and get 800 million if it is rounded up, and then only more than 600 million will be allocated to Jinan Prefecture.

More than 600 million, and then distributed to the entire Jinan Prefecture, how much can there be left in Jinan City?
Jinan Prefecture is like this, and those states and counties in other places are naturally no exception.

All in all it's a mess.

The point is that those merchants are not satisfied either.

(End of this chapter)