Zhu Yuanzhang, who commanded the wind and rain, lived a long and arduous life.

"It seems...it seems that Yunnan is in dire need of help. There are torrential rains and everything is being rebuilt. Money is needed everywhere, but the national treasury is empty. The agricultural taxes collected from the local areas in recent years have not been enough to replenish Yunnan."

“Grandpa is worried about where to get money. Master, seeing Grandpa's worry makes me very worried too.”

Zhu Xiong Ying's face was full of bitterness.

Zhu Changye smiled and looked at him: "Child, you are very thoughtful."

Pupils widened.

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He knows more about the Ming Dynasty than many others.

In conclusion, the Hongwu court's insufficient understanding and prevention of the monetary system ultimately led to its failure and hasty resolution, causing the paper money to disappear from the historical stage.

It remained calm.

Undeniably, Chongba's original intention was good: to increase the wealth of the people by printing large amounts of paper money.

He's much better than my own third son.

Now that I hear my master say that the Ming Dynasty may be thrown into turmoil, and that this is the Zhu family's world, and the world that he will rule in the future, how can I not be alarmed?

Zhu Xiong Ying's voice trembled slightly.

After Zhu Changye finished speaking, he put the teacup away on his own.

Each of these rhetorical questions pierced Zhu Xiong Ying's heart.

"Originally, you could buy a hundred teacups with a thousand coins, but now you can only buy ten."

Compared to Zhu Xiong Ying's shock, Zhu Chang Ye, also a member of the Zhu family, was rather calm and composed.

now.

"Simply because at this point, money has become worthless."

Before Zhu Xiong Ying could answer, Zhu Chang Ye continued, "It's not worth it. At this time, the value of the teacup would increase tenfold, selling for one hundred coins."

Before long, Zhu Xiong Ying's face went from initial confusion to sudden realization, then her face gradually turned pale and terrified, until finally, her forehead was covered in sweat.

"Grandpa wanted to print more Ming Dynasty banknotes and distribute them to the people, which would also enrich the national treasury. But he always felt that something was wrong with this, but he couldn't figure out what it was."

No successor would want the Ming Dynasty to be in turmoil.

Zhu Xiong Ying's spirits were somewhat low: "Then... does that mean we can't use the precious paper money?"

"Master, is what you're saying true?"

He spoke slowly.

Zhu Changye thought for a moment, then slowly took out a teacup, turned it upside down on the table, and calmly said, "Xiongying, if the country can produce a thousand coins a year now, a teacup can be sold for ten coins."

He understands these economic issues!

Master had accurately predicted both his grandfather's personality and the future of the Ming Dynasty.

"The fruits of their labor have been stolen by the state like this. Won't the world descend into chaos? Who would dare to store Ming Dynasty banknotes in the future? Will Ming Dynasty banknotes still be able to circulate as currency?"

However, he did not consider that the paper quality at that time was poor, the Ming Dynasty paper money was not durable, and the paper money was only issued and not collected. There was no distinction between old and new banknotes, which led to more and more paper money circulating in the market, the paper money flooded the market and the monetary system collapsed.

Seeing Zhu Xiong Ying's eyes begin to light up, Zhu Chang Ye quickly interrupted the child's unrealistic fantasies, saying, "I think you shouldn't even think about enriching the national treasury by printing more paper money. It's not an option."

Zhu Changye was very pleased.

"Now that the country is increasing its efforts and producing an extra 10,000 coins every year, will that teacup still only be worth 10 coins?"

He respected Zhu Changye and trusted him greatly.

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"That's right, I won't talk nonsense with you."

"Would wealthy merchants and gentry like you in the Ming Dynasty be willing?"

perhaps….

Grandpa and Minister Fu didn't know what the problem was, but I was able to see it through my master!

Zhu Xiong Ying's eyes were burning.

It wasn't for nothing that he pulled Xiong Ying back from the underworld.

Zhu Changye raised an eyebrow, thought for a moment, and said, "Your grandfather's idea is correct. The court really cannot make decisions on this matter casually, otherwise... at best it will cause turmoil in the country, and at worst it will cause the country to lose its throne."

"Your grandfather would be very happy to know that you have this intention, and of course, Master is also very happy now."

boom!

Upon hearing this, Zhu Xiong Ying stood up abruptly.

Zhu Xiong Ying took a deep breath, still seemingly unwilling to accept that her grandfather had made the wrong decision.

Zhu Changye shook his head: "No, it can be used. As long as all the measures are implemented, the Ming Dynasty Treasure Notes will have high circulation value."

Zhu Changye believed that if he explained too much about the economic implications, Xiong Ying would not be able to understand and would not be able to convey his meaning to Chong Ba effectively.

Because the Ming Dynasty was short of copper, my grandfather began to try printing Ming Dynasty banknotes.

Zhu Changye began to organize his thoughts.

Although he cultivated immortality, he knew that during the late Hongwu period, the boy Chongba had published the Ming Dynasty Treasure Notes extensively.

Clearly, he had figured out the key to this.

Although he was just a child, he understood that his master possessed real knowledge, and his grandfather also said that his master possessed real knowledge.

Zhu Xiong Ying thought for a moment and replied, "There is one! When I went to see my grandfather, he was discussing the Ming Dynasty Treasure Notes with Vice Minister Fu Youwen."

This grandson of Chongba was really good to Chongba.

"It is convenient, easy to carry, and highly commercialized, with numerous advantages."

Zhu Xiong Ying took a deep breath and solemnly cupped his hands in greeting: "Please enlighten me, Master!"

He is eight years old this year, and he started reading the Book of Songs when he was three. Now that he is eight, his grandfather has started to teach him how to handle memorials and discuss state affairs.

Grandpa also tried to discuss it with Fu Youwen, the Vice Minister of the Ministry of Revenue. The Ministry of Revenue only said that the ancients had never done this before, which meant that this was not feasible. However, Fu Youwen was also ambiguous about the specific reasons.

He looked at Zhu Changye and asked softly, "But...but Master, why haven't the precious paper money become widespread yet?"

Zhu Changye smiled casually: "Because the precious paper money is just starting out, and the number of precious paper money printed is still small, its value is still very high, and it is still very precious. But once the printing volume increases, then the market... will become chaotic."

Ruffling Xiong Ying's head, Zhu Changye continued with a smile, "So, your grandfather still doesn't have a plan?"

"In other words, at this time, the Ming Dynasty's paper money was no longer worth anything."

Since the Baochao began circulating in the market, Grandpa had told him that he had always wanted to increase the number of Baochao printed, but Grandpa always felt that this would make money too easily.

"Now, Xiong Ying, let me ask you this: you are now a very wealthy man. If you have saved a thousand coins, as the country prints more and more paper money, will the value of your thousand coins start to decrease?"

Paper money could have been used as a general medium of exchange in the Ming Dynasty, and social civilization could have taken a big step forward. However, it seems that Chongba had a very weak understanding of economics, which ultimately led to chaos in the currency market.

Would you be willing?

"Not to mention that the circulation of the Baochao is still in its initial stage, it has already developed to a certain extent. If the country were to increase the printing volume of Baochao at will, it would cause social unrest."

Zhu Xiong Ying sighed and said with a wry smile, "Master, is there really no other way?"