Moreover, the Ming Baochao of the Hongwu Dynasty was not even as good as the Jiaozi of the Song Dynasty. The Jiaozi of the Song Dynasty had corresponding gold and silver reserves as reserves at the beginning. During the Ming Dynasty, metal reserves were in short supply, and the Ming Baochao was issued directly.

Therefore, the Ming treasure notes could not be exchanged for gold and silver at will.

At the beginning, Zhu Yuanzhang used the pressure of imperial power to forcibly promote the Ming Treasure Note. Even the emperor and many learned ministers were not aware of this, so the common people were even less aware of it, so everyone accepted it at the beginning.

But later, when they were short of money, they printed it.

Baochao gradually gained credibility through actual use by the people.

Fortunately, it has not yet developed to the late stage. Although it has some impact on the people, it has not yet reached such a bad impact.

It was naturally impossible for Zhu Yunhuan to establish the entire economic system in the Ming Dynasty and then issue Ming treasure notes at will.

However, establish a complete brokerage system.

It is not something that can be achieved overnight, nor can it be achieved with empty words. In the case of insufficient silver reserves, Zhu Yunhuan cannot act rashly.

In the absence of adequate preparation

The best option is to follow the old ways, maintain the status quo, and try to slow down the development of this problem as much as possible.

Wait until you are fully prepared before using the knife.

"inflation……"

“Lack of credibility?”

"The second test question?"

"..."

When Zhu Yunhuan put out the second test question with great interest, there was a burst of low-pitched discussions from the audience, and the expressions on everyone's faces changed from serious and frightened to bewildered and confused again.

How the hell did this become a test question again?

What are you testing on?

The field of economics obviously touches upon the blind spots of knowledge of this group of writers who are good at writing.

In their view.

Whether it was the previous issuance of new currency or the current issuance of additional Ming treasure notes, what they cared about was... the face and pomp of the new emperor Zhu Yunhuan.

"That's right, the second question! Spread the word along with the first question. Anyone who can give me a satisfactory answer to either question, whether it's the first or the second, will receive a reward."

"A huge reward!!!"

After saying this, Zhu Yunhuan emphasized one more thing.

Then he sighed helplessly, muttering to himself, "Recruiting talented economists is a long and arduous task."

But he also understands.

This was caused by the gap in the times. He just stood at the right time, stood on the shoulders of many people, and looked back at the pitfalls that his predecessors had stepped into step by step.

In other words... the current situation and status of the Ming Dynasty is itself the origin of those theories of later generations.

"Now that I'm sitting here, I must be prepared to start from scratch. If I want to achieve the eternal Ming Dynasty, no matter what aspect, I must not rush for quick success. If not, I will take my time!"

Zhu Yunhuan's gaze passed over the powerful heads of the six ministries in front of him.

Looking outside through the half-open window.

The gaze is far-reaching and sharp.

That was why, although he was disappointed and dissatisfied, he did not say much.

And in front of the Long Shu case.

Although still bewildered and bewildered, Fu Youwen finally felt relieved. "Huh... Fortunately, fortunately... Although both of my memorials did not meet His Majesty's wishes, fortunately His Majesty did not punish me."

Thinking this in his heart, he quickly seconded the proposal: "I obey your order and will consider your majesty's intentions carefully when I return!"

Reminded by his voice, the others immediately came to their senses and bowed in response, "Your humble servant obeys your command!"

Zhu Yunhuan had already subtly established an absolute authority that could not be defied. Even though they thought it was outrageous, they did not dare to say too much.

Zhu Yunhuan nodded, retracted his gaze, stretched out his body boredly, yawned, and said, "Is there anything else you want to discuss?"

Originally, Fu Youwen kept these two topics as the finale of the happy event, thinking that after Zhu Yunhuan had dealt with these complicated and trivial matters for a day, he would definitely be particularly happy to hear these two things.

So after discussing these two things.

There really wasn't anything else that the crowd wanted to discuss in particular.

They immediately bowed and responded:

"In reply to your Majesty, the Ministry of Revenue has no other agenda items."

"There are no other topics on the Ministry of Personnel's side."

"My humble servant, there is nothing else to do."

"..."

Everyone responded sparsely, and Zhu Yunhuan breathed a sigh of relief, waving his hand and saying, "Then everyone, go down."

While talking.

He also secretly complained in his heart: "Tsk, being an emperor is really not an easy job."

Today's wave of "make-up homework".

It started almost in the morning and lasted until almost dusk. Even if he was an iron man, he would hardly be able to bear it. Fortunately, it is over now.

"Wei Chen retire."

Everyone bowed and saluted, then retreated towards the door and left the meeting hall.

Although the one who suffered the most today was Fu Youwen.

But everyone else was secretly sweating. No one had thought that Zhu Yunhuan could do such a weird thing when he was about to die.

"A 'bad money drives out good money'..."

"Inflation and loss of credibility, colleagues, do you have any ideas?"

After walking for a long time, Fu Youwen finally breathed a sigh of relief. While wiping the sweat from his face, he looked at the others and asked.

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