Can you live forever

Chapter 395 Evacuating the cage and changing the bird is an expedient measure

Knowing that there is no way to run it, Zhan Ruoshui said in a condensed voice: "In the past we have not touched the monetary sovereignty of the imperial court, can we now..."

Before he finished asking, Xu Jie interrupted: "An edict says that we are issuing counterfeit banknotes, what do you do?"

Zhan Ruoshui was silent.

Because, really, the emperor did not abolish the sage kings since ancient times, the emperor's authority for thousands of years since the beginning of the world, and the emperor's authority since the first emperor.

The emperor's supreme power and cognition are rooted in the hearts of the people.

The emperor is in charge of such legal system.

It is impossible for them to control the announcement of the imperial decree. It is not easy for Jiajing to let Jiangnan know the emperor's will. No matter how much the people care about the dispute over the ownership of the land, they don't think that Jiangnan is establishing another country.

Therefore, they really do not have the right to issue banknotes.

If it weren't for this, they wouldn't have had to deliberately smear the banknotes in the early years, and then exchange them for silver as currency.Who wants to use gold and silver after seeing the convenience of paper money?
by their side.

Xu Dong thought: "Silver has depreciated sharply. We are not the only ones who are hurt. The common people are the biggest victims, right? They don't have much savings in the first place, so this is tantamount to exploiting the people. Can we use this method?" ?”

This time without Xu Jie's answer, Yan Na said, "You didn't pay attention to the currency reform."

"In the exchange of treasure banknotes by private households, those with less than five taels of silver can be exchanged in full, and each household holds a book corresponding to it. If there is a village guarantee, those with more than five taels and less than one hundred taels will be reissued in ten years."

"The poorest group of people, the largest number, has no effect at all."

"For those who are richer, there is no problem at all in the north, but more people in the south are still criticizing the land system."

The imperial court's reform of the currency system was not like Wang Mang's blind reform, which ended up shooting itself in the foot, so all aspects were considered and the vulnerable groups were taken care of.

As for the rich, it's no big deal that the cash has shrunk three times.

Although painful, but not heartbroken.

Of course, if it is those gentry businessmen who like to bury "silver melons" underground, they deserve it.

Therefore, it is those gentry and businessmen who can unite in Nanjing.

However, when Zhan Ruoshui was about to give up, Xu Jie said: "Nanjing can't issue currency, but it doesn't mean Fusang can't."

In a word, like the stars piercing the night sky.

The eyes of the group following Xu Jie suddenly lit up, and someone asked quickly: "Although Fusang is known as the country of gold and silver, it is actually a barren country. Their wealth is only relative to themselves."

"With so many gold mines and silver mines, there are only ten thousand taels of gold and a few million taels of silver every year."

"There is no right to confront the imperial court at all."

Someone immediately retorted: "Gold and silver are not a problem. Don't we have more gold in Jiangnan than the capital? The problem is only the market influence. With the size of Fusang, how to maintain the value of the currency?"

"If it can't be maintained, it will be sent to the door to harvest the treasure."

"The head of the mountain has already said that the essence of currency is the extension of power. The same gold standard currency needs equal power to reflect the value of gold."

"Only when the power is at the same level, the more gold there is, the higher the currency value will be!"

Another person said: "With our endorsement, how can Fusang's currency be inferior to precious banknotes?"

The previous person immediately retorted: "The carrier of power is the country, and it is the sovereignty of the country. How can Fusang have that kind of influence! This is not a matter of endorsement or not endorsement at all!"

This person was sharp in speech and unique in seeing things, which attracted Xu Jie's attention.

He stroked his beard with a smile and asked, "Who is this?"

Yan Na replied: "Li Chunfang, whose name is Zishi, is a native of Southern Zhili. He was elected in the seventh year of Jiajing, and he is quite talented. He entered the academy this year, and was later transferred to the lecture hall to be an ideological and political teacher."

Xu Jie nodded in satisfaction, pointed at Li Chunfang and said, "Why don't you tell me, why do I say that banknotes are distributed in Fusang?"

Li Chunfang's answer was only two words: "Smuggling."

Xu Jie smiled.

Said: "I have good knowledge. It is indeed smuggling. The only thing we can do for Fusang is smuggling. Through the smuggling trade, treasure banknotes and Japanese banknotes are circulated, and we use Japanese banknotes to conduct overseas trade, so as to share the currency share in the trade. , while other merchants holding Japanese banknotes can achieve the same purchasing power as precious banknotes through smuggling."

"However, this is nothing more than a measure of entitlement."

"Because this is still the attachment effect of Japanese banknotes to precious banknotes. If the smuggling is stopped, the credit of Japanese banknotes will collapse directly. We are temporarily on the defensive in terms of sea power and cannot forge ahead, so the currency is very unstable."

"But even so, you have to do it."

"Because only finance can fight against finance, Jiangnan's wealth needs a reservoir."

"The wealth of the world cannot be harvested by the imperial court."

"Therefore, we must establish a silver standard in Fusang, complete the digestion of silver within the stage where smuggling can still be maintained, and convert silver into real currency, whether it is Japanese banknotes or precious banknotes."

Through smuggling, they can continuously convert Japanese banknotes into real commodities, and then exchange them for precious banknotes, or others.

In the future, even if the Japanese currency collapses.

They have already escaped, and the one who bears the price is the person holding the Japanese banknotes in his hand, and... Fusang.

Of course, they can try their best to maintain Japanese banknotes, but that pool is too small to hold Jiangnan's wealth. They essentially want to use Japanese banknotes and precious banknotes to grab Jiangnan's market and output.

After the explanation, everyone understood Xu Jie's good intentions, and everyone admired him for a while.

But Xu Jie knew that this was a last resort.

If they do not carry out banknotes, then there is only a more tragic harvest waiting for them. This matter can be known by referring to the reparations in the late Qing Dynasty.

Britain supported Fusang to fight the Sino-Japanese War of Sino-Japanese War and invested 1.5 million taels of silver.

However, the entire Beiyang Navy of the Qing Dynasty was only 3000 million taels.

The ships of the two sides were built by the Xiluo people, and the referee personally went off, so it doesn't matter who wins and who loses?Whether Lafayette repairs the garden or not, the shells have to be mixed with sand, because the shells are also sold by the Xiluo people.

The Qing Dynasty was defeated.

The contract of Shimonoseki was [-] million taels of silver, but what was to be compensated was not silver, but... pounds.

It is a British pound equivalent to [-] million taels of silver. First, it will make compensation with the British loan, and then repay the British pound. However, the British pound is on the gold standard, and there is not enough gold, so we can only exchange silver for the British pound. The British pound appreciates instantly, and the silver depreciates instantly. , the price doubled and the export materials remained unchanged, but the price doubled and fell.

Come and go, through financial means, the compensation has been magnified dozens of times.

This is the dimensionality reduction blow of currency.

Xu Jie himself knew this very well, and naturally it was impossible to wait for the court to use financial hegemony to crush it, but the sovereign currency was bound to the country, and Xu Jie did not have much room to maneuver.

Daming... is too huge.

(End of this chapter)