Daming: Grandpa Emperor, please get up and sit on my throne!

Xia Yuanji was exactly what he wanted.

So he was not stingy with his praise.

Xia Yuanji also realized his earlier offense, but the young emperor in front of him had already expressed his approval, so he only realized it belatedly and felt a little scared. At the same time, he scratched his head innocently and said, "Your Majesty, thank you for your praise. I was rude for a moment. Your Majesty is willing to show me mercy and take the time to explain it to me. This is the honor of my life."

As he spoke, his eyes unconsciously drifted to the most complicated coordinate diagram in the middle of the board.

This picture was the largest and most complex, and he felt that the answer might be found in it.

On the other side, Yu Xin, the Right Vice Minister of the Ministry of Revenue, and Gu Pu, the Director of the Ministry of War, looked at each other and exchanged shocked glances.

Xia Yuanji may not have understood yet.

But those in the officialdom understood the hidden meaning best. His Majesty had just said that Xia Yuanji should work diligently for him and the Ming Dynasty… What did it mean to work for the Emperor and the Ming Dynasty? Wasn't it just court officials? This meant that this Imperial College student was being given an official position! It was a tremendous grace!

Thinking of this, Yu Xin and Gu Pu saw regret in each other's eyes: Damn it! Missed the opportunity for advancement! !

"You're truly clever." Zhu Yunhuan saw Xia Yuanji staring at the crucial coordinate diagram, and a satisfied smile crossed his face. "You're right. 'Inflation' is the name I give to the phenomenon of 'the devaluation of paper currencies like the Ming Baochao, leading to a sustained and widespread rise in prices.' The underlying reasons behind this phenomenon are hidden in this diagram."

Xia Yuanji was studious, and Zhu Yunhuan was also willing to teach him. Of course, the more useful cattle and horses, the better, and the sooner they were trained and put into use, the better, right?

Hearing what Zhu Yunhuan said.

Not only Xia Yuanji, but Yu Xin, Gu Pu and Lin Chengxuan also immediately cleared their minds of distracting thoughts and began to listen carefully with full concentration.

First, they have basically understood the meaning of what Zhu Yunhuan said.

Secondly, they saw the importance the young emperor attached to this matter - even when Xia Yuanji just showed his curiosity, His Majesty almost said that he would make an exception and give him an official position to do practical things for the Ming Dynasty!

Third, this is a refreshing yet extremely practical new subject, which is enough to make them curious.

Zhu Yunhuan paused and glanced at everyone who looked serious.

Then he slowly spoke, "I have already explained that the price of an item is determined by the demand and supply of that item in the market. Now let's raise our sights to the highest level, that of an entire country. Currency, that is, the 'Ming Baochao' circulating in the market today, can also be considered an item..."

"The people of the entire Ming Dynasty need 'currency' to conduct transactions. Naturally, the market will generate a 'demand for currency'. As for the 'currency supply', it is controlled by the court. The increased printing of 'Ming Baochao' represents an increase in supply..."

"..."

Thanks to Zhu Yunhuan’s previous introduction of concepts to them.

Now, what Zhu Yunhuan said, which seemed like heavenly books, no longer seemed so obscure and difficult to understand.

Following Zhu Yunhuan's patient explanation.

Several people were quickly immersed in it, and the expressions on their faces kept changing.

The sudden realization of “I see”;

The surprise of realizing something you had never thought of before;

The shock of "such a complex matter can be analyzed from this perspective";

Admiration for how he came up with this complex analysis.

……

The hall fell into a silence, a silence in which no one dared to speak for fear of missing a single word. Only a gentle and pleasant voice was speaking the truth.