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

But at least before Fu Youwen brought it up.

He had not heard the previous young emperor mention even a single word about it.

that's enough.

However, although he had expected this result, he could not guess or understand what the young emperor was thinking. Naturally, he could not help but cast a curious look at Zhu Yunhuan.

And when everyone looked at Zhu Yunhuan with their own thoughts.

But he discovered... that the young emperor was also looking at everyone here with a scrutinizing gaze, which was filled with disappointment.

All of a sudden.

In the meeting hall, you could hear a pin drop.

At some point, Zhu Yunhuan, who had already lost his patience, sat up straight and silently glanced at the heads of the six ministries in the hall.

"Governing a country, economics... may seem unimportant, but in reality, it's more important than anything else. Sometimes, it's even more important than actual fighting. In this day and age, this awareness is still lacking."

"Even among the most learned men in this palace, none of them are of any use."

The disappointment in Zhu Yunhuan's eyes was not a pretense, nor was it a hypocritical act to suppress or intimidate these people.

But it's real.

Minting new coins does seem to be a new trend and a means to demonstrate his power as the emperor, but this is only the most superficial meaning.

He remained silent for a few breaths, as if thinking about something.

Finally, he took a deep breath and uttered a few words: "Bad money drives out good money." This is why he does not issue new currency.

The so-called bad money drives out good money.

It means that when a country circulates two currencies with different actual values ​​but unchanged legal exchange rates at the same time, the currency or silver (good currency) with higher actual value must be melted, collected or exported and withdrawn from circulation.

To put it in simpler terms.

For example, if Zhu Yunhuan had really adopted their suggestions and designed and minted a currency with higher purity and better quality and issued it, then there would be two currencies on the market in the Ming Dynasty: "Hongwu Tongbao" and "Kaiqian Tongbao".

Since "Hongwu Tongbao" was minted at the beginning of the country, it was of poor quality and of varying purity, so it was called "bad money".

However, "Kai Qian Tong Bao" is a "good currency".

From a normal person's perspective, of course I would keep the good things and spend the bad things quickly.

Driven by this mentality, "Kai Qian Tong Bao" will change from a currency to a rare commodity, a dead thing lying in people's pockets. No matter whether this new coin is made of copper or silver, as many new coins as the court issues, there will be as many new coins collected by people and lying in warehouses gathering dust.

"Good money" was thus driven out of the market by "bad money".

The Ming Dynasty was already short of silver and copper mines.

Thus.

The already tight gap has been made even worse.

This kind of thing can only happen if one obtains high-quality minerals from Xiao Ru or other places that are sufficient to support the Ming Dynasty market.

Then you can consider it.

In Zhu Yunhuan's plan, if he wanted the Ming Dynasty to maintain a stable economic system in the future, he must lay a solid foundation so that the economic system of future generations would not collapse so easily.

Zhu Yunhuan had absolutely no interest in doing something that would be detrimental to the court and the entire Ming Dynasty's economic environment just for the sake of his own power and so-called "reputation".

Bad money drives out good money.

Zhu Yunhuan's voice was still calm and gentle.

But to the ears of the six heads of the six ministries who had been uneasy in his silence for a long time, it seemed to carry an inexplicable pressure, making their scalps numb and their hearts skip a beat.

And the next moment.

A scattered murmur sounded from among the six ministers:

"Bad money...good money..."

"Bad money drives out good money... What does this mean?"

"hiss……"

The six people all had extremely confused expressions on their faces. They frowned and tried hard to understand the meaning of these six words, but they were all confused.

Several hall heads who held the greatest power in the court and who all claimed to be well-educated exchanged glances with each other and shook their heads.

They can all write these six words separately.

Connected together.

But I have never seen it before, and I don’t understand the meaning of it...

Fu Youwen, the first to come forward, had already taken on the role. It would be better to understand it clearly than to be confused. After hesitating for a moment, he looked up at Zhu Yunhuan and asked, "Your Majesty, I am ignorant and stupid. I hope you can enlighten me."

"Your Majesty, please enlighten me." Others echoed.

Zhu Yunhuan moved his lips, originally wanting to point it out directly, but he raised his eyebrows, his eyes slightly turned, and said, "Now it's the new year. Since you said you want a new atmosphere, then I will treat this matter as a test question, and also as a lucky start for our first year of Qianyuan. I leave it to you to think about it. If you can figure it out, I will reward you handsomely!"

"Not just you, but all the other officials in the court should think about this."

"I am waiting for your answer!"

After saying this, Zhu Yunhuan had a faint smile on his face.

Originally, he wanted to explain the matter directly, but after taking a look at the people in the hall and seeing their confused and bewildered faces, Zhu Yunhuan changed his mind.

An excellent economist is a talent not only in this era, but also in the 21st century.

Not to mention the Ming Dynasty where there is a shortage of economic talents.

Since he hasn't seen any useful person among the six heads of the department yet, he might as well take this opportunity to see if there is any useful person!