Xu Chengshun said with a dark face: "You can do what the Lord tells you!"
Xu Chengshun was not stupid, he had already guessed from the piles of small-denomination banknotes of a few cents when he exchanged the banknotes today that the world of treasure banknotes would definitely be in the future.
Although silver is good, it is not as convenient as treasure notes after all. It doesn't matter whether the people recognize it or not, as long as the government can recognize the face value of this thing to pay taxes.
It would be great if I could issue some banknotes with a denomination of one thousand taels!
Following Xu Chengshun's exclamation, these precious banknotes of one penny and two pennies began to be exchanged by some small merchants in the capital.
The elders of Jinyiwei said that there is no fire consumption if you go to a bank branch to exchange these treasures and take them back directly to pay those messy management fees.
Regarding Jin Yiwei's reputation, the folks in Daming generally recognized it—killing the whole family when they said they killed the whole family, and never broke their promise.
And with the first hawker who exchanged and successfully took the banknotes to pay the tax—maybe the so-called stall management fee of more than ten yuan, these small denomination banknotes became popular.
However, this kind of fire is only limited to the things that small businesses and hawkers use to pay taxes or simply call it sanitation management fees and stall management fees, and have not officially started to circulate.
It was Jinyiwei who really made this thing circulate. After exchanging silver for small denomination banknotes and spending some at these merchants, this thing officially circulated.
That's how fucked up things are sometimes.
Jin Yiwei went to spend with the precious banknotes in units of texts, and none of the merchants had the guts to refuse to accept them.
Moreover, accepting these precious notes can also be used to pay these messy fees, which happens to save fire consumption.
But what about the precious notes that exceed these fees?
Not to mention waiting for the next month to use it, because none of the elders of Jinyiwei use silver, and all of them have used precious banknotes, including eunuchs in the palace.
This means that each merchant will receive far more treasure notes than the taxes or other fees that need to be paid.
Based on the principle of not wanting to put the risk in their own hands, many people try to exchange the precious banknotes for silver, even if they lose some copper coins.
What was thought to be a troublesome thing was exchanged easily after arriving at the so-called bank branch. There was no difficulty or trouble as imagined.
In this way, some courageous people dare to hold more precious banknotes in their hands, and then the precious banknotes on the market gradually tend to be insufficient.
But it's useless, and Emperor Chongzhen, who didn't understand economics at all, said that he was more knowledgeable than his brother's carpenter, but when it came to treasure money, he wasn't necessarily better than the carpenter.
Emperor Chongzhen, who was not courageous enough, simply decided to issue as many precious banknotes as there was silver in the treasury and internal funds, and the denominations were mixed. Even if Guo Yunhou repeatedly stated that more precious banknotes could be issued, he would never issue more.
The consequence is that private banknotes are always in a situation that is almost the same, but always appears to be insufficient.
Because of the Baochao matter, for the first time, a group of bigwigs in Nanzhili wrote to the Emperor Chongzhen with great pain, demanding that the north and the south should be treated equally, and the north should not be given priority.
The precious banknotes issued by the imperial court before Zhengde were probably, perhaps, almost equivalent to waste paper, but were the banknotes of the Chongzhen Dynasty still the same?
It is obviously different. First of all, the imperial court treats the precious banknotes as real gold and silver, and the people will naturally have more confidence in the precious banknotes.
And the south where commerce is prevalent, especially those places in Nanzhili and Songjiang Prefecture, have a keen sense of smell for this kind of thing.
Then the merchants in the south felt aggrieved.
Is the south the south of Ming Dynasty?Are we the emperor's people?
Why is the treasure banknote issued in the capital first, but not in the south?Isn't Nanzhili the capital of Ming Dynasty?
As long as your court approves this thing, if you don’t send out tens of millions of taels, who is disgusting just a few thousand taels?
Why are people in the capital taking advantage of this kind of benefits?
The big merchants in the south are more playful than the merchants in the north, and they simply convey the demand for banknotes to the household department and cabinet in southern Zhili.
In a word, the south is the south of Ming Dynasty, and such a convenient thing as treasure banknotes can't just let the Yankees take advantage of it!
Regarding the reaction from the South, Emperor Chongzhen's first thought was that these grandsons wanted to play with counterfeit banknotes!
But on second thought, Emperor Chongzhen felt something was wrong.
If it was said earlier, these bastards might still have that courage, but now it is purely funny to say that they have that courage.
Just like the case of the North and South List, it was Zhu Yuanzhang's method to win over the officials in the north. If the first one to jump was the scholars in the south, what would the result be if you tried it?
The most recent examples are Donglin Party and Fushe.
Before the peace of Liaodong, there were still many people in the south of the Yangtze River secretly calling for the souls of the Donglin Party and Fushe.
After Liaodong is completely pacified, and [-] households in Jiangnan have been forcibly relocated to Liaodong, who else in Jiangnan will call out the souls of the Donglin Party and Fushe?
Isn't it right now to praise the emperor's wisdom, and then trample the Donglin Party and the Fushe into the mud?
Of course, it would be even better to get a few places for my family to go to Liaodong by the way-the good thing of sending a concubine in Liaodong must be mixed.
What's more, after there are more people in Liaodong, this business can be done in Liaodong, which means finding another source of income for your family, isn't it?
As for the fact that Liaodong is too far from Jiangnan, that's okay.
It is indeed far enough to go by land, first from Jiangnan to Tianjinwei and then to Shanhaiguan, after passing through Guangningwei, then to Haizhouwei, and then to Liaodong.
But there is a sea route!Whether it is from Songjiang Mansion, or from Fujian or Zhejiang, they can all go directly to the South Four Guards. Even if it is for supplies, there is Denglaiwei in the middle!
Now the most active people going to Liaodong are not Shaanxi and Shanxi, but Jiangnan, especially the aristocratic families in Nanzhili.
Now Nanzhili is so well-behaved, saying that they have the guts to focus on Baochao and want to play with counterfeit money, and they would not believe it if they killed Emperor Chongzhen-even if they dared, Jin Yiwei would be a vegetarian?
Since it wasn't someone who wanted to play some tricks, it meant that the South's demand for money was real.
But there is only so much silver in the national treasury and internal funds, will it depreciate if there is too much money?
Isn't there always an economic crisis accompanied by depreciation of banknotes in future generations?
Damn it, you are embarrassing me, a programmer!
After cursing countless times in his heart, Emperor Chongzhen suddenly remembered another way of playing in later generations-the Bretton Woods currency system.
I have read too many novels in later generations, so I can remember the word and its general meaning.
It is nothing more than that the US dollar is linked to gold, and the currencies of other countries are linked to the US dollar.
But how much gold and silver does Daming have now?
There is simply no way to calculate an accurate number!
According to preliminary estimates, it is not a problem to get tens of millions of taels of gold and silver.
It's just that these gold and silver are scattered among the people, and are not directly controlled by the government.
And isn't the purpose of setting up the bank by yourself to control these gold and silver through banknotes?
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