Parallel Ming Dynasty: The more he compared, the more devastated Zhu Yuanzhang became.
Chapter 4: Young Zhu Duo cleverly deciphers the precious paper; everyone is astonished by the young
In the video footage.
The scene shifts, and Zhu Duo happens to arrive just as the court officials are leaving. On the stone path outside the palace gate, he overhears two officials from the Ministry of Revenue discussing the issuance of the Ming Dynasty's precious paper money as they walk.
Immediately afterwards, Zhu Duo strode forward and blocked the two people's path.
The two officials from the Ministry of Revenue naturally recognized Zhu Duo, knowing that he was the eldest son of the Crown Prince. So they quickly bowed and respectfully asked him what he wanted to do by stopping them.
After all, in the eyes of these two officials, Zhu Duo was just a teenager, so how could he possibly be deliberately stopping them to ask for some candy and snacks?
But to everyone's surprise, Zhu Duo's first words stunned the two of them into a daze.
Zhu Duo asked, "May I ask you two gentlemen, is the Ming Dynasty paper money currently circulating in the market constantly depreciating in value?"
The two officials looked at each other, neither of them understanding what Zhu Duo meant by asking that question. Even if they told him the truth, how much could such a young child understand?
However, when it comes to the devaluation of paper money, there are indeed signs of this emerging in the government-run markets these days.
After pondering for a moment, the two concluded that Zhu Duo must have been sent by Crown Prince Yiwen to gather information, so they dared not conceal anything and answered truthfully in detail.
After listening to their answers, Zhu Duo nodded and then posed two more questions.
"If one day, a large number of people suddenly come to the government office to exchange for cash, or in the most extreme case, even all those who hold banknotes come to exchange them at the same time, how do you plan to deal with that?"
"Furthermore, how exactly should the value of the Great Ming Treasure Notes be defined? The court can't just print as many as it wants, can it? If that were the case, wouldn't this money be as worthless as if it came from nowhere?"
"this……"
The two officials from the Ministry of Revenue were immediately rendered speechless, their faces showing signs of distress.
They had actually pondered these two questions many times in private, but these two questions were precisely the core problems that plagued the entire Ministry of Revenue, yet they could not find a solution.
But now, these two problems that have troubled the Ministry of Revenue for so long have been spoken out by a child who is only ten years old.
How could they not be utterly shocked?
At that moment, the comments below the video suddenly surged out like a rising tide.
{Original World: What exactly is the Great Ming Treasure Note? I still don't understand it.}
{Original World: Ever since I started using the Great Ming Treasure Notes, I've always felt that the money in my hands is becoming less and less valuable, and my life is getting poorer and poorer.}
{Original World: When the imperial court issued the Great Ming Treasure Notes, I thought it would make our lives more convenient. But somehow, after we exchanged our belongings for the Treasure Notes, they shrank and disappeared without us even realizing it.}
There were two valuable items hidden at home before, but after exchanging them for paper money, it's impossible to get them back.
{New World: Is there really such a serious problem? I don't feel anything at all!}
New World: Yeah, I haven't noticed any problems either. And since using the Ming Dynasty Treasure Notes, it's been much more convenient to go out. I no longer have to carry heavy silver or copper coins; I can just take them out whenever I want to use them.
It's so much more convenient than gold, silver, or copper coins.
{New World: Judging from these comments, it seems only people from the original world harbor such strong resentment towards the Ming Dynasty's precious banknotes. Why are our two worlds so different?}
The comments from viewers in the two worlds, and their attitudes toward the Ming Dynasty banknotes, were completely different and diametrically opposed.
In the palace of the original world.
As he watched the scrolling comments on the screen, Zhu Yuanzhang's face gradually darkened, and his heart was filled with turmoil.
Even if he didn't fully understand the specific operational details of the Ming Dynasty's paper money from these ordinary people's comments, he could clearly feel the unspeakable bitterness that the people of the Ming Dynasty felt about this paper money.
It seems that the issuance of the Ming Dynasty Treasure Notes has truly impacted the daily lives of ordinary people.
The most admirable thing about Zhu Yuanzhang was that he came from a poor family and genuinely cared about the suffering of the people.
What's going on with these comments? Why are the people of our Great Ming Dynasty complaining so much about the Great Ming Treasure Notes?
Where is the Vice Minister of Revenue? Summon him immediately! We want to ask him in person what's going on! Why don't the people of our Great Ming have a single good word to say about these precious notes?!
Zhu Yuanzhang suddenly felt that the comments in the video were really amazing, as they allowed him to hear the most authentic voices of the common people so easily.
Unlike before, when he sat high on the dragon throne in the Golden Palace, separated from ordinary people by layers of officials with different thoughts, he could not hear any real voices from the people.
If the Vice Minister of Revenue can't provide a satisfactory explanation, then we'll chop off his head today!
When it came to matters concerning the livelihoods of ordinary people, Zhu Yuanzhang never suppressed his anger in the slightest.
Upon hearing Zhu Yuanzhang's order, the Imperial Guards outside the palace dared not delay for a moment and immediately rode out of the palace at top speed to deliver the decree.
Before Zhu Yuanzhang, all the princes and grandsons of the emperor, Zhu Yunwen, were so frightened that they dared not utter a sound, remaining silent as if afraid of incurring the emperor's wrath.
Even Zhu Yunwen, who had always been favored by Zhu Yuanzhang, couldn't help but feel flustered at this moment. He knew that no matter how badly he had behaved before, at most he would only be scolded by his grandfather. After all, he was Zhu Yuanzhang's grandson, and his grandfather would not kill him no matter how angry he was.
But when it comes to matters of vital importance to people's livelihood, things are different... Zhu Yunwen could only silently pray for the Vice Minister of Revenue who was about to be summoned.
Meanwhile, in the palace of the new world.
Zhu Yuanzhang looked at the completely different comments on the screen and showed the same puzzled expression.
"Judging from these comments, the people in the original world seem to harbor deep resentment towards the Ming Dynasty's precious paper money, but such a situation has never occurred in our world."
"What exactly is going on?"
Prince Zhu Gang of Jin immediately stepped forward, his face full of flattery, and said, "This must be because of Your Majesty's boundless blessings, with Heaven secretly taking pity on and protecting our Great Ming, which is why our Great Ming enjoys favorable weather and smooth sailing in everything!"
"Get out of here! Stop spouting this useless flattery!"
Zhu Yuanzhang scolded him impatiently, and Zhu Gang immediately shut his mouth, not daring to say another word.
"Father, in my opinion, this is all because of Zhu Duo."
Prince Yan, Zhu Di, slowly stood up, his gaze sweeping over Zhu Duo sitting next to Liu Bowen, and said in a deep voice, "From these comments, we can see that there was no such person as Zhu Duo in the original world; he only exists in our world."
Moreover, Zhu Duo, at such a young age, was already able to see through the huge problems hidden behind the Ming Dynasty's precious paper money.
Therefore, I suspect that the fact that the Ming Dynasty's official paper money remained intact in our world is definitely related to Zhu Duo.
Upon hearing this, Zhu Duo, who was sitting to the side, smiled faintly. Prince Yan, Zhu Di, indeed had a keen eye and saw the key point at a glance.
This matter was indeed closely related to him. In the video footage, the two officials from the Ministry of Revenue looked at Zhu Duo with such confidence, and couldn't help but wonder, could this young man really have a solution to the problem?
"I do have solutions to these two problems."
Upon hearing this, one of the officials immediately stood up excitedly, "Could it be that His Highness the Crown Prince sent the young prince to tell us the solution?"
But Zhu Duo gently shook his head. "No, this is what my teacher taught me. I can tell you the solution, but you have to promise me one thing first."
"So it was Mr. Liu's plan! No wonder!"
The two men immediately understood, their faces showing relief. "Mr. Liu is indeed a man of unparalleled talent and wisdom. With his help, our Ministry of Revenue is truly saved!"
"Your Highness, please feel free to ask for our orders! We two will go through fire and water for you!"
Inside the grand palace of the new world.
Upon seeing this scene in the video, Zhu Yuanzhang turned to look at Liu Bowen beside him and couldn't help but sigh softly.
"So, it turns out you've been helping me out behind the scenes all along."
After witnessing firsthand the stark contrast between the two worlds' bullet comments, Zhu Yuanzhang clearly understood the dire consequences that would ensue if the hidden dangers of the Ming Dynasty's paper money were not resolved. He realized that their world had escaped unscathed thanks to Liu Bowen's ingenious plan.
But Liu Bowen calmly shook his head and slowly said, "Your Majesty, it is not me."
"Not you?!"
Zhu Yuanzhang's eyes widened instantly, and he looked at Zhu Duo with disbelief and suspicion in his eyes.
Could it be that Zhu Duo impersonated Liu Bowen?
However, his doubts were soon answered.
In the video footage.
Zhu Duo looked at the two officials and said seriously, "First, you must never tell anyone who came up with this solution. If anyone asks, just say that you two had a flash of inspiration and came up with the idea yourselves."
The two officials exchanged another glance, both thinking that there seemed to be some distance between His Majesty and Liu Bowen, so they didn't ask any further questions and quickly nodded in agreement.
"Second, after this matter is accomplished, your official positions will definitely be promoted. Consider it as owing me a favor. If I ever need 'money' in the future, I will naturally come to you for it."
"Of course, no problem!"
The two were eager to establish a connection with Zhu Duo, after all, Zhu Duo was the legitimate son of Crown Prince Yiwen, and his future prospects were limitless.
They all assumed that Zhu Duo's claim of being short of money was just a child wanting some pocket money.
Once they get promoted, their salaries will naturally increase as well. Giving this little kid some pocket money will be a trivial matter.
It wasn't just the two of them who thought this way; all the viewers in the video's comments section shared the same opinion.
{New World: Hahaha, Prince Zhu Duo is still just a child. He probably has no idea how much impact solving the problem of the Ming Dynasty Treasure Notes will have.}
Just for a little pocket money, they gave up such an important solution—it's an absolute rip-off!
{New World: But it's also thanks to Prince Zhu Duo's honesty in not hoarding anything that the Ming Dynasty's currency in our world is so stable. Otherwise, we'd probably be in the same predicament as the people in that other world.}
{Original World: Jealousy! I'm so jealous! Why isn't there a Zhu Duo in our world?!}
{New World Zhu Di: But it's truly remarkable that Zhu Duo could come up with such a brilliant plan at such a young age!}
While everyone was joking around in a relaxed tone, none of the princes in the hall noticed a fleeting hint of helplessness on Zhu Duo's face.
The "money" Zhu Duo mentioned at the time was not pocket money at all, but rather a veiled reference to the financial power held by the Ministry of Revenue. However, Zhu Duo never intended to reveal this to the outside world.
Let it be a misunderstanding.
Anyway, these are all things that happened a long time ago.
Inside the Ministry of Revenue in the new world.
Yu Ting, the Vice Minister of Revenue, and Ding Yan, the Minister of Revenue, were sitting in their respective chairs, their foreheads covered in a fine layer of cold sweat.
The two exchanged a glance, both letting out a sigh of relief, before simultaneously revealing bitter smiles.
"Fortunately, back then Prince Zhu Duo only asked for money, and we all thought it was just some pocket money for children."
"Otherwise, our heads would probably be gone by now."
"If I could choose again, I would rather have never met His Highness Zhu Duo back then, than have lived in constant fear ever since."
"However, on the other hand, it was precisely because we boarded Prince Zhu Duo's ship back then and had his covert support that we were able to sit in our current positions today."
None of the officials in the court knew that the two most powerful people in the Ministry of Revenue were already Zhu Duo's confidants.
Moreover, they had already devoted themselves to Zhu Duo when he was only ten years old!
In the video footage.
Back then, Yu Ting and Ding Yan quickly invited Zhu Duo into a spacious and bright inner room.
They were busy serving tea and water, attending to everyone's needs with utmost attentiveness!
The young Zhu Duo did not hide anything and slowly explained the solution he had come up with.
"There are two main solutions to these two fundamental economic problems of the nation: the reserve system and the gold standard."
"The so-called reserve system means that the national treasury and local governments need to reserve enough silver and copper coins in a certain proportion to ensure that the people can exchange them smoothly at any time."
As long as there isn't an extreme situation where everyone rushes to exchange their currency for silver simultaneously, the value of the paper money can remain stable without major market fluctuations.
"As for the gold standard, it directly links the value of the Ming Dynasty's paper money to precious metals such as gold and silver. It is absolutely forbidden to print paper money indiscriminately, otherwise it will inevitably lead to severe currency devaluation, which will cause chaos and social unrest, plunging the people into misery."
"Economic issues?"
"Proportional reserves?"
"Equivalent bundling?"
"Currency devaluation?"
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