Baidu otaku as Chongzhen

Chapter 209 The Tangled Paper Money Problem

Bi Ziyan was a little ashamed, and thought: My lord, do you still know that I am a servant, and I am in the household department, and there is a minister on it?Although you don't take Shangshu seriously, you are also my immediate superior!You are asking about the Ministry of Households, not about the Minister, but about whether my servant can handle it, it is really a bit difficult for others!Bi Ziyan looked very hurt and embarrassed.

Seeing Bi Ziyan's uneasy look, Yang Reform realized that he had taken it for granted, and that the household department couldn't have a servant to call the shots!Shangshu is the head of the household department, not to mention that there is a cabinet above the household department.

"Well, big companion, I ordered the Ministry of Household Affairs to cooperate with this pilot project. Bi Aiqing will be responsible for this matter."

"Your servant obeys." Wang Chengen agreed.This matter is simple, as long as a young eunuch is sent to the Ministry of Households to deliver an order, Bi Ziyan can be responsible for this matter.

"Since this matter, the two masters and Bi Aiqing advised me not to rush for a while, then let's observe this matter for a while and then talk about it. Today, I have a few people here, and I have an important matter to discuss with you. Let's see, all of you are trustworthy people..." Yang Huayou said.

Hearing that there was something important to do, they all became nervous. Although the emperor was sometimes naughty and mischievous, once he had something serious to do, it would be a big event.

Several people waited respectfully for the emperor to speak.

Yang Reform said: "Guess, let's take a look at these receipts first, and then we'll talk." Yang Reform asked Wang Chengen to bring some paper notes to the three of them. After the incident, I specially asked my expert banknote maker to rush to make it. Although it was made by an expert, it was not very good. Although it was colorful, it still could not touch water, let alone fold it many times. .

Sun Chengzong frowned, looked at the paper note he took from Wang Chengen, and fell into deep thought.

Xu Guangqi looked puzzled and anxious.

Bi Ziyan looked at the ticket in surprise, and then at the emperor.

"You guys are all trustworthy people, so I just told you that this, I call it banknotes, which are used to replace small copper coins as payment vouchers. Take a look and express your opinions." Yang Reform quickly Being poor and crazy, thinking about making money all the time, the central bank was forced to come out early, and this banknote was also forced to appear early. Originally, Yang Reform planned to let his master banknote maker make a more reliable one. After the banknotes, it will come slowly. Now it seems that it has to be accelerated.

Xu Guangqi was almost dying of anxiety, and said quickly: "Your Majesty, are you going to issue treasure notes?" Xu Guangqi probably understood the emperor's meaning, that is, paper will be used instead of silver.

Bi Ziyan looked at the emperor in a daze, the emperor's move was not a good move, it was a stupid move!Isn't the emperor very smart?Why did you come up with such a stupid trick at this juncture!The reputation of this Daming treasure has long been thrown into the cesspit!

"Hehe, indeed, what I think is similar to the precious banknote that Master Xu said, that is, to use paper instead of silver." Yang Reform explained.

Xu Guangqi was very anxious, and said: "Your Majesty, I'm afraid I can't do this! The reputation of this Ming Dynasty banknote is really not very good! It's not much better than waste paper. If your Majesty is short of money, you can rush to release it." I'm afraid it's not good for this Ming Dynasty banknote..." Xu Guangqi was very anxious, he was making fun of the emperor's reputation and the court's reputation. Crying, are you still doing it now?Unless you use a knife holder on someone else's neck for others to use.

"Hehe, Master Xu, don't worry. I know about the Daming Banknote you mentioned. Isn't it just that it can't be exchanged for silver? Can't it be exchanged for money? It's also crudely made, printed vaguely, there is no limit on issuance, and old banknotes are not recycled. , I know about this situation.” Yang Reform has frequently consulted information on this aspect, and he has done a lot of research on the banknotes issued in the history of the Ming Dynasty. , can avoid these problems from happening.

Xu Guangqi looked at the emperor with some doubts. Since the emperor knew the disadvantages of this Ming Dynasty banknote, why did he do it?
"Dare to ask Your Majesty, this...Since Your Majesty knows about the Daming Treasure Banknote, why did you do it like this? To put it bluntly, this Daming Treasure Banknote really ruined the court's reputation in this regard , Now it is going to be reissued, I am afraid it will be very difficult!..." Issuing precious banknotes that are similar to waste paper, even a fool knows not to accept it!
"I want to report to Your Majesty, I also think Master Xu is right. This Daming banknote has a bad reputation. If His Majesty wants to reissue it, I am afraid it will not be accepted by others! I am afraid that no one will ask for the Daming banknote." Yes! The scourge of this Ming Dynasty treasure will only fall on the common people in the end, and this will only aggravate the suffering of the common people! Your Majesty... think twice..." Bi Ziyan is very familiar with this money, see the emperor He actually thought of issuing Daming banknotes, so he had to persuade the emperor that the history of this Daming banknote is really stinky, and now it is going to be used again. If it is not cleaned, it smells like manure!It stinks from afar!It is estimated that it is impossible to cheat money by issuing Daming Banknotes.

"Hehe, don't be in a hurry, I know this matter very well, and I understand it very well, and I know how to deal with it..." Yang Reform looked very confident.

In fact, the matter of this precious banknote is a good thing. It is also a representative of advanced productivity. However, the person in charge of the operation did not operate and manage it well, so that this advanced productivity did not exert its application effect. This banknote, he represents the direction of the development of advanced productive forces.Otherwise, will future generations use banknotes?

"May I ask His Majesty what's the best way?" Xu Guangqi stared blankly at the emperor, and couldn't understand the emperor more and more. The emperor knew more than their dozens of years old guys. Banknotes are also studied.

"Hehe, in fact, there is no coup. This banknote is used instead of silver to pay, um, it is treasure banknote. The reason why no one is willing to use it now is that it has no corresponding physical silver as a reserve, and it does not give people money. Cashing in, and not responsible for preserving value, let alone replacing old ones? Am I right?”

"Reporting to Your Majesty, what your Majesty said is basically correct. Speaking of which, this treasure note is a good thing, but unfortunately, there are also many disadvantages. As your Majesty said, there is no corresponding silver to pay, and it is not enough. How can others want this thing? Therefore, this treasure banknote is useless now!" Xu Guangqi was very familiar with the matter of silver and money, and he affirmed that the emperor the words said.

"Hehe, so, my plan is to issue one silver banknote, reserve one silver in the bank, pay in full in real time, and recycle old banknotes from time to time. In this way, the credibility of this banknote should be guaranteed. Let this paper money become the currency that circulates instead of silver and copper coins..."

"Returning to Your Majesty, this is easy to say, but difficult to do! If you issue a banknote of silver, you only need to reserve a silver? This, Your Majesty, is not profitable at all! In this way, you have to make banknotes and be responsible for recycling old ones. paper money, this would be a loss! Moreover, the money used by the Ming Dynasty every day was measured in huge quantities. If they were to use paper money instead, how much silver would they have to reserve? This..."Issuing currency does not make money, it is completely Good man, this one, will be ridiculed.What Xu Guangqi didn't say was, how much silver can be stored in the palace?This sentence was a bit hurtful, so I didn't say it.

"Well, one piece of banknotes is exchanged for one piece of silver. In fact, one and a half to two pieces of banknotes can be produced by storing one piece of silver. This is because it involves a circulation problem. Once the banknotes are in circulation, it will be impossible. Everyone takes banknotes to exchange at the bank all the time, isn’t it? So, this reserve fund can issue twice as many banknotes, hehe, that is to say, one tael of silver can be treated as two shares of flowers, everyone understands Do you mean what I mean?" Yang Reform explained, fearing that people in ancient times would not understand the benefits of issuing paper money.

In fact, the ancients have long understood the benefits of issuing banknotes, otherwise, the Ming Dynasty would not have issued Daming Banknotes in history.Xu Guangqi understands what paper money is all about. Of course, he also understands that there is a difference between the actual reserve of silver and the amount of circulation. The ancestors of the Ming Dynasty were ahead.This is how it works: there is no reserve for a penny, and the printing of banknotes is not just a penny that is used as two shares. This is a business without capital. [It seems that this is what the United States is doing now, but it uses nuclear bombs and aircraft carriers as proof of credit. In fact, the Ming Dynasty also had the opportunity to use the army and cannons to endorse the treasure banknotes. Unfortunately, it was not thorough enough, and the money was circulated , if the silver is not allowed to circulate, and all of them use the Ming Dynasty banknotes, the life of the Ming Dynasty may be no different from that of the United States now.Oh, of course, this is a joke. 】

"Reporting to Your Majesty, I also know what your Majesty said. Your Majesty is really sure that only two copies of banknotes will be printed for this one silver? In this way, it is okay to reissue the treasure notes." Xu Guangqi heard that the emperor wanted to use one silver to issue two copies. If the proportion of banknotes is this, the banknotes can be paid in full and can be circulated without any payment problems. It is a different concept from the "big Ming banknotes" of the ancestors of the Ming Dynasty.

"Hehe, at present, this is what I'm thinking about. I will temporarily issue two bills for one coin, and narrow the scope of this trial. For the time being, I will set it in the Gyeonggi area and gradually expand it. What do you guys think?" Yang Reform said what he meant.

"Reporting to Your Majesty, if this is the case, it is feasible to issue treasure notes, no, paper notes, but who is responsible for this? I think the Ministry of Accounts used to be responsible for issuing and supervising the printing of treasure notes. Once the Ministry of Accounts If you don’t have money, you will print precious banknotes like crazy, if your Majesty wants to do this, it’s best,... you have to find a way!” Xu Guangqi also made some suggestions to the emperor, this matter cannot be handed over to the emperor. The household department, hand it over to the household department. Once the household department has no money, it will print precious banknotes frantically, and then the precious banknotes will become waste paper.

If the Ministry of Household Affairs of the Ming Dynasty operates properly, in fact, it can be a little more ruthless and prohibit the circulation of silver. All of them have to use Daming banknotes, and then use force to endorse them. They can even use these printed banknotes to buy things in foreign countries. In this way, the household department of the Ming Dynasty will become the wealthiest existence in the seventeenth century, and the Ming Dynasty will become the Ming Dynasty version of the United States. Unfortunately, the household department of the Ming Dynasty did not go far enough and did not do enough.

Yang Reform did not check the information less. He naturally knew that the reason why this treasure banknote has such a reputation is completely caused by the mess of the Ministry of Households. There is no action plan, no action steps, and no system, let alone Knowing restraint, only knowing printing, not knowing how to run a good business, now naturally I will not hand over such an important matter to the Ministry of Accounts. It's better, and it will prevent others from saying that the emperor is using waste paper to deceive people again. .

"This, of course, should be handed over to my bank, which is the bank opened by Li Ruolian. Otherwise, the money I paid would be ruined by the Ministry of Accounts' random stamping."

"Reporting to Your Majesty, if Your Majesty wants to abandon the Ministry of Accounts to do this, I'm afraid..." Xu Guangqi was also worried that the emperor would print treasures by himself without the Ministry of Accounts, and he would be hindered by the Ministry of Accounts. The emperor ate meat, and they definitely wanted to drink some soup. If they didn't give them a bite, they would make trouble and hinder them.

"Master Xu, this matter is to abandon the Ministry of Accounts. I want to do it myself and manage it myself. My idea is not to change the current system or the current personnel. The distribution rights and management rights are separated, and the bank that is authorized to Li Ruolian is the bank. Anyway, it is my money, and I can do whatever I want. Anyway, the Ministry of Households has not issued treasure notes for a long time, and it is just right to take back the distribution rights , In this way, it is relatively simple, and it has nothing to do with the Ministry of Accounts. The Treasury Department of the Ministry of Accounts is still in charge of the Ministry of Accounts, and the Ministry of Accounts can withdraw money from my bank at any time by ticket..." Yang Reform roughly said Say what you mean.

Xu Guangqi and the others fell silent again.

This matter, the emperor seems to be determined to do it, this matter is a bit unpredictable!Although this one share of silver can be spent as two shares, there is an unavoidable hurdle in this matter, that is, how much silver the emperor can contribute to reserve, and the amount of money is the most important thing.Having money, military training, disaster relief, and war are not problems. The problem is that the emperor has no money, so things are difficult.

In fact, Sun Chengzong also understood in his heart that he had not spoken all the time. Seeing that the other two were silent, he said: "My Majesty, I dare to ask, how much silver is Your Majesty going to use to do this? Although the mentioned reserve is in the warehouse, it can be seen and touched, but it must not be moved!" Sun Chengzong was afraid that the emperor had said it right now, and at most two times the banknotes would be issued for one silver. I'm afraid that the emperor will be short of money in the future, and the shortage is so severe that he can't help but spend the silver used as a reserve. Then, the emperor's issuance of treasure banknotes this time will become money for the emperor to deceive everyone. This matter is quite bad for the emperor's reputation, and he is also afraid that the emperor is young, irritated, and can't help it when he is short of money.

"Well, of course I know that the banknotes in the initial stage are completely supported by reserve funds. Since I plan to issue banknotes, I will never touch this reserve fund. This, Master Sun, rest assured, this reserve fund, I I will find a way to let the people in the world understand that I mean what I say." Yang Reform still understands this kind of basic financial common sense.

"...Your Majesty, since this is the case, I will not say anything more, but I just want to remind Your Majesty that the matter of reissuing treasure notes is difficult and difficult, easy and easy, and easy as before. It has been issued, and now it is reissued. There are precedents to follow, and it is completely feasible. The difficulty is that this precious banknote has no credibility, is not reliable, and is similar to waste paper. Get ready!" Sun Chengzong made a summary of the issue of banknotes.

Xu Guangqi still had a lot to say to the emperor, but seeing that Sun Chengzong had already summed up the matter, he choked back. Xu Guangqi was worried that the emperor was young and inexperienced, so he would mess up the matter, which would damage the emperor's reputation. The damage was very serious. Xu Guangqi still hoped that the emperor would be a good emperor who would last forever. This reputation naturally had to be maintained for the emperor.

"Master Sun is right. I will definitely pay attention to this... I have also summed up the weaknesses and shortcomings of the previous banknotes, and I am going to make some improvements. I am going to make this banknote stronger and more durable, and the printing should be as beautiful as possible. Some, and try not to be afraid of water, so as not to accidentally scrap the banknotes when doing laundry." Yang Reform explained again, planning to deal with his own people first, and then find a way to deal with others.

Sun Chengzong, Xu Guangqi, and Bi Ziyan listened to the emperor's words, and each twisted the paper money with their hands, and found that it was indeed much thicker than the previous treasure banknotes, and the printing was also more beautiful than the previous treasure banknotes. It's not much better than straw paper, and this printing is no different from the door gods posted in ordinary people's homes during the New Year.The "precious banknote" in my hand is firstly thicker, and secondly, the printing is indeed more exquisite, as the emperor said. However, the paint sticks to the hand after twisting on the paper, and the color fades a bit.

"Your Majesty, the printing is indeed more exquisite, but I'm afraid the paint won't work, and I'm afraid it won't be able to touch water." Xu Guangqi just rubbed his fingers a lot of paint on his fingers. Here, I'm afraid it won't work.

Yang Reform has nothing to do about this matter. Although he has already explained it and let people study it, it is a pity that this matter is not intended to be accomplished, and it will take a long time to study it. Basically not afraid of water, wear-resistant, non-fading banknotes come.Now, it's just that the pattern is printed well, and the pigment problem has not been solved, let alone water.

"Hehe, yes! I've already had people study it, but it's only been a short time since I started. I'm afraid that for the time being, the paper won't see water, and the paint will fade! This is a problem..." Yang Reform also sighed, This thing, I can't get it myself, this "talent" who can only rely on himself, keeps groping for it.Otherwise, if you want to use the banknotes of later generations in the Ming Dynasty, unless you can move the banknote printing factory in the future.Obviously, this is impossible.If it is the kind of banknotes that will be printed in the future, there are still many problems to be solved. For example, the problem of the number of the money, the problem of the printing machine, this has not been resolved, and this is still under study.

Several people listened, but remained silent.

Yang Reform said again: "For the time being, I just want to talk to a few people about this matter, and I want to hear their opinions. If we really want to issue banknotes, I have to wait until the research and development of this banknote is completed before we can issue it! This time, I'm afraid it's still very early, alas..." Yang Reform sighed, the kind of banknotes that he wanted to issue was close to the kind of later generations, but unfortunately, there is no such technology yet.The idea is good, but unfortunately, the technical conditions are not enough to implement it!

"Reporting to Your Majesty, in fact, I feel that your Majesty's banknotes are already very good, much better than the previous treasure banknotes. Your Majesty, why don't you just use the previous treasure banknotes to print? It will save trouble, anyway, this printing The amount obtained is also relatively small, and besides, the treasure banknotes issued this time still have reserve silver, so there is no big problem if you want to issue treasure banknotes, and your Majesty does not need to worry about printing treasure banknotes..." Bi Ziyan didn't think about it for a long time Talking, seeing that the two emperors were silent, I found a chance to speak, and I could show my existence. Seeing that the emperor was struggling to produce high-quality "treasure banknotes", he was very troubled, so he gave the emperor a got an idea.

In Bi Ziyan's view, the emperor's heart is good, and he wants to produce water-resistant, wear-resistant, and non-fading banknotes. Unfortunately, this is almost impossible to achieve. It is better to use the previous set of issuance by the Ministry of Households. As for the mold of the treasure banknote, at least it saved a lot of money.There is no need to make the banknotes colorful.In the past, they were issued without reserve funds, but now that there are reserve funds, what are you afraid of?

Use the mold of the treasure banknote issued before?In Yang Reform's mind, he couldn't help thinking that on a thin piece of paper, "money" was printed at the printing level of the God of Wealth bought by ordinary people's homes during the New Year. This kind of money...Yang Reform felt that it was also Too cheap.I'm sorry for my status as a time traveler!In the future archaeology, others will see it, I rely on it, the money made by this eternal salary emperor is not very good!It's just a blank sheet of paper...

However, if I don’t use the existing set of treasure banknote molds and use the banknotes in my mind, I am afraid that it will not be a few years, and I am afraid that I will not be able to research roughly usable banknotes. Yang Reform’s mind has moved again .Originally, this matter was only intended to be talked about, but now that Bi Ziyan has made a fuss about this idea, I feel that I can give it a try. Anyway, the Ming Dynasty issued treasure banknotes before, using the previous treasure banknote molds, There is nothing wrong with it!The most important thing is that he has a reserve fund for this precious banknote. This, I am afraid it is enough!The common people of the Ming Dynasty were afraid that their demands would not be high...

Yang Reform felt that he could try to issue banknotes. It should feel very refreshing to issue banknotes and use paper to buy things.Yang Reform was greatly moved.Do you want to give it a try?

(End of this chapter)