Wentang

Chapter 392 Currency Innovation
"This money is made with a special tool. Only I have this tool, and it is impossible for others to imitate it. And you can see that there are fine horizontal lines on the edges of these coins. These horizontal lines are to prevent people from Trim the edges." Yue Shan introduced.

The thin horizontal lines are the gear edges.Those criminals can always come up with outlandish ideas.It is a routine operation to smelt and cast copper coins into copper wares to sell money.There are also people who cut the sides of copper coins. If you cut less, it is difficult to be found, so you can make money if you accumulate more.

The edge of the gear can effectively prevent the occurrence of edge trimming, because without the gear, everyone will naturally know that the money has been cut, and no one will collect it.

"Inventing a tool for minting money, you are very determined to open a bank." Li Shimin said.

"The determination to open a bank is really strong, and I believe the sage will agree. However, this tool can not only be used to make money, it can be used to make many utensils, such as weapons, armor and agricultural tools." Yue Shan said:

"And the things produced are of good quality, low cost, and short time-consuming. Speaking of casting money, it seems insignificant to it."

"Oh? There is such a magical tool, I want to take a look now." Li Shimin said with great interest.

"The sage will know when he has time. Let me introduce these coins to you." Yue Shan pointed to the coins and said:

"These two small coins are copper coins and small silver coins. One copper coin is equivalent to one Kaiyuan Tongbao, and the small silver coin is equivalent to ten Kaiyuan Tongbao. Look at the word 'ten' written here." Yue Shan introduced.

Li Shimin looked at it calmly, and there was indeed a clear cross in the center of the obverse of the silver coin.

In fact, he had seen this word just now, and thought it was a pattern or something, but he didn't expect it to mean that.

At this time, he hurriedly flipped through the other coins, and on the slightly larger silver coin was written 'fifty', on the largest silver coin there was a word 'hundred', and on the last gold coin was engraved a 'pass'. 'Character.

"This silver coin is equivalent to fifty Kaiyuan Tongbao, the largest silver coin is equivalent to one hundred, and the last gold coin is equivalent to consistent money." Yue Shan also introduced at the right time.

"Why do you have to make so many kinds of money? It's too troublesome." Li Shimin said.

"Although it is more troublesome than making a kind of money, it can bring convenience to the world after circulation." Yue Shan said.

"Dare to ask the sage, why is the world short of money?"

"There are not enough copper mines to mint enough coins. Then there are criminals who melt money and cast utensils, so that there is a shortage of money."

"What the sage said is nothing but platitudes. On the surface it does make sense, but in fact it doesn't hit the point."

"Oh? What's your opinion?"

"It's not a high opinion, but some different opinions. In fact, the total number of copper coins in the world is enough for use. The reason why there is a money shortage is that everyone hides the money."

"Ridiculous, who can hide so much money?"

"All the people in the world. As the saying goes, if you have surplus food in your hands, you don't panic, but everyone will find a way to save money and food. The poor save three to five dozen coins, and those who live better can save dozens or even counts." Yue Shan talked eloquently. road:
"And those rich families have tens of thousands of deposits. When all the people in the world add up, the amount of copper coins hidden must be astonishing. In this way, no matter how many coins are minted by the imperial court, it will not be enough."

Li Shimin was disdainful at first, but the more he listened to it, the more dignified his face became.For the first time, he discovered that the money shortage might be caused by this.

Buying family property and saving money and food is a virtue in the eyes of Chinese people. Even if there are mountains of money and food in the imperial treasury, historians will praise it.

But no one ever thought that doing so would cause a money shortage.

But can people not save money?Impossible, that would cause chaos in the world.

So how to solve this problem?Li Shimin looked at Yue Shan eagerly and asked, "Can you solve this problem by making so many kinds of coins?"

"No." Without waiting for Li Shimin to be disappointed, he said again: "But it can be relieved."

"Say it quickly." Li Shimin glared at him and said.

"People who hide money want their money to be smaller, so that it is easy to hide and not easy to be found. If there are gold coins that are as valuable as usual, will they hide a thousand copper coins?" Yue Shan asked rhetorically.

"What you said makes sense, but if there are too many people hiding silver and gold coins, it will also lead to a shortage of silver and gold coins." Li Shimin asked.

"Sage, think about it, is it easier to mint one gold coin or one thousand copper coins." Yue Shan laughed.

"That's right, why didn't I think of that. Haha... You are still smart, Cui Lan, and you have solved the problem that has plagued the world for thousands of years." Li Shimin suddenly realized and laughed.

Yue Shan smiled, not complacent, but continued: "There are still a lot of poor people in the world, and copper coins and small silver coins are used the most. Gold coins and large silver coins are used by few people, and they can hide them as long as they don't want to hide copper coins." There will be no shortage of money.”

"That's right, that's right, Cuilan has a good opinion." Li Shimin said happily.

He is so happy not only to solve the problem of money shortage, but also to have a good reputation.

The money shortage problem that plagued the past dynasties was solved by him. This is a great achievement and will be remembered by future generations.

"Gold coins and silver coins are more beneficial to the country and commerce, and have little impact on the people. The people are very poor, and it is good to carry three or five coins on them. There is no demand for gold coins and silver coins." Yue Shan continued:
"But merchants are different. Their transactions require a lot of cash. It's okay to say a few or a dozen guan, but it will be troublesome if it is tens, hundreds or even tens of thousands of guan. It is inconvenient to carry so much copper coins to go out, and it is easy to encounter danger."

"It is much more convenient to have gold coins. A small box can hold hundreds of coins. This will make business more prosperous and the court will collect more taxes."

"Okay, okay, that's great." Li Shimin was very happy, but he didn't lose his mind, but asked: "However, the relationship between currency and national stability cannot be rushed, how are you going to operate it?"

"The sage is very worried, and this matter needs to be resolved slowly. I think the imperial court should not be in a hurry to show up, but to control it behind the scenes. On the bright side, the empress's imperial commercial bank will establish a bank and mint silver coins and gold coins first." Yue Shan agreed. road:
"It can't be used directly as a coin, but as a credit certificate of the Royal Commercial Bank."

Yueshan's plan is to open a bank first to mint gold and silver coins, but they will not be circulated to the outside world for the time being, but will be used as the internal credit certificate of the Royal Commercial Bank and Dizhou.

In other words, gold and silver coins can only be used in stores controlled by the Royal Commercial Bank and in Dizhou at the beginning.But don't underestimate their influence.

Dizhou is already the most prosperous commercial center in the Tang Dynasty, and the Royal Commercial Bank is also the largest commercial bank in the Tang Dynasty. Through them, gold and silver coins can be known to people all over the country at the fastest speed.

Then use other means to stimulate it.

For example, if you want to participate in a glass auction, you must first exchange money and food into gold and silver coins.In the end, if there is no bid failure, you can change it back.

For example, after completing the task of Yueshan, instead of giving out salt, you will be given gold and silver coins. With gold and silver coins, you can go directly to the salt field to extract salt.Even gold and silver coins exchanged from other places can go directly to the saltworks to buy salt.

At that time, will those people who are greedy for salt profits go to the Royal Commercial Bank to buy gold and silver coins, and then go to Dizhou to buy salt?

There is no doubt that this is almost inevitable.

This is equivalent to linking gold and silver coins with salt, glass, soap, dew and other commodities, which has a certain degree of credibility guarantee.

These merchants realized the convenience of gold and silver coins and would definitely try to use them in other places.When some merchants choose to accept gold and silver coins, it means that they will soon be accepted by merchants across the country.

At that time, the imperial court will promulgate a new monetary policy according to the trend, and the risk is small and it will not cause any turmoil.

And this method also has the advantage that it can avoid the constraints of courtiers.Such a major change in monetary policy must be unanimously agreed by the courtiers, but matters related to the country are not so easy to pass, and there is a high possibility of being denied.

But now, it has become a matter between Huangshang Bank and Dizhou.Even if the courtier finds out the problem, it is hard to say anything.When the people accept gold and silver coins, naturally no one will object.

This is Yue Shan's currency strategy.

(End of this chapter)