Wei Wu couldn't help but sighed at this point, looked at Zhu Yuanzhang again and asked:
"The court's credibility is something they can't see or touch. If you were in their shoes, would you feel safe holding this precious banknote in your hands?"
If it were any other emperor, he might not be able to understand these words, but Zhu Yuanzhang was different.
He himself came from a poor family and knew very well that the people living at the bottom of society did have this kind of thinking.
Precisely because he understood, he was speechless at Wei Wu's words.
But at this time, Wei Wu spoke again and brought up a topic that Zhu Yuanzhang was not happy to hear.
"Also, you ordered that only gold and silver could be exchanged for treasure notes, but treasure notes could not be exchanged back for gold and silver. This is also the main reason why the people do not trust the treasure notes."
"If they can be exchanged with each other, then the treasure notes will be pegged to gold and silver, and the people will be able to use them as money with confidence."
"People have been accustomed to using real gold and silver since ancient times. Now money has to be exchanged for paper, but paper cannot be exchanged back for money."
"This practice did protect the circulation of treasure notes, but the people only felt that the court was exchanging their money for paper."
After hearing this, Zhu Yuanzhang seemed to understand a little, and immediately asked:
"You mean to say that the anchor of the treasure notes should be changed from the court's credibility to real gold and silver, and that they should be allowed to be exchanged?"
Hearing this, Wei Wu shook his head first, then nodded and said:
“It doesn’t have to be real gold or silver, but it must be of high value and able to maintain its value, and it must be something that is recognized by the people.”
"But in this day and age, only gold and silver are the high-value items most recognized by the people."
Having said that, Wei Wu turned his head and stared into Zhu Yuanzhang's eyes, and said with a serious expression:
"However, the above are not the biggest problems of Baochao. The real problem of Baochao lies with you, Mr. Zhu!"
"We? What's our problem?"
Zhu Yuanzhang looked at Wei Wu in confusion. He was clearly talking about the defects of the treasure notes, so how did he get involved?
Just when Zhu Yuanzhang was confused, Wei Wu gave a direct answer.
"Because you are the creator and issuer of the treasure notes, and you are an issuer that no one can restrict!"
After hearing this, Zhu Yuanzhang was about to open his mouth to refute, but Wei Wu did not give him a chance to speak.
"Uncle Zhu, the Baochao was first introduced in the eighth year of the Hongwu reign, and has been in circulation in the Ming Dynasty for seven years now."
"Just answer me one question: Do you know how much money has been added in the past seven years?"
Wei Wu's simple words almost burned Zhu Yuanzhang's CPU.
To be honest, all he did over the years was order the issuance of more treasure notes, but he never paid attention to the total amount.
So when faced with Wei Wu's question, he had no answer at all, and he didn't know how serious the consequences of doing so would be.
Seeing him like this, Wei Wu knew that he couldn't answer, so he simply continued speaking:
"Look, you don't even know how much money you've issued. You'll just keep printing as long as there's no money. But what I want to say is..."
"Mr. Zhu, what you're doing is, to put it bluntly, using worthless waste paper to steal money from ordinary people!"
boom!
As soon as Wei Wu finished speaking, Zhu Yuanzhang slammed the table and looked at Wei Wu with wide eyes.
In fact, it’s no wonder that Zhu Yuanzhang had such a big reaction.
As an emperor from a grassroots background, he was well aware of the suffering of the people, so after ascending the throne, he has been trying his best to improve the lives of the people.
From the orphanage to the Huimin Pharmacy, from the affordable housing policy to the Louze Garden, it can be said that everything has been arranged for the people from birth to death.
In addition to developing agriculture and cracking down on corrupt officials, officials are not allowed to exploit the people in any way.
He believed that he was no less diligent or caring than any other emperor in history.
You'll Also Like
-
The Red Mansion.
Chapter 119 7 hours ago -
Hong Kong Variety Show: A Hard Start for Chen Haonan
Chapter 55 7 hours ago -
Is this girl cultivating immortality? Yunling finds out!
Chapter 48 7 hours ago -
The head master has a new female apprentice
Chapter 254 7 hours ago -
I'm a forest ranger, why would I enslave a succubus?
Chapter 612 7 hours ago -
If you were asked to identify an item, would you choose to extract magical powers?
Chapter 292 7 hours ago -
Dragon Ball Arrives in Marvel
Chapter 478 7 hours ago -
The road to godhood starting from Ligue 1
Chapter 174 7 hours ago -
North America 1849, from Gold Rush to Warlord
Chapter 53 7 hours ago -
Cultivating Immortality Starts with Rubbing a Computer
Chapter 187 7 hours ago