Longevity Begins with Jinyiwei

Chapter 656: Daheng banknotes

A grand opening meeting, a court meeting of important civil and military officials, also set a national policy plan for the seventh year of Zhaowu.

And this year, in fact, is still no different from previous years. The emperor's obvious national policies, each of which, even the fiscal, taxation and land reform that began to be piloted in the second year of Zhaowu, are still there for several years now. in process.

The northern land is still relatively good, and there are several provinces in the south of the Yangtze River. The distance is completely clear, and the formation of Daheng’s financial and taxation customization is still a long way off.

This year is bound to be another year of continuing adherence to previous policies, and also a year in which Daheng still recharges its batteries.

At the beginning of the year, the capital expansion and reconstruction plan drawn up by the Ministry of Industry was approved by the emperor. Immediately, the expansion of the capital began in full swing.

The plan is very simple. It is mainly aimed at the expansion of the shanty towns in Baichuan Port, as well as the renovation and repair of the old and dilapidated parts of the capital.

To put it simply, it is to let this ancient capital better undertake various functions brought about by the changes of the times.

Among them, the most important is the economic function.

The emperor tried to replace the focus of agriculture with commerce, and also tried to improve the economic function of the capital, thereby enhancing the central control of wealth.

The main economy of the farming nation is naturally agriculture, and the prosperity of the emperor's business, in a certain way, is also to weaken the hidden danger that the capital is not an agricultural center.

Including the establishment of the taxation department and the establishment of the direct subordinate center of the Shibo Division*, are all to allow the central government to better control the wealth of the agricultural business in the world.

There is a country first, then a family. Only when the country is strong can the family be stable.

The most fundamental thing for a country to be strong is money!

Just like the Southern Song Dynasty in history, the Southern Song Dynasty could not be said to be neither weak nor corrupt, but it was so weak and corrupt, but it was able to support the Mongol Empire across Europe and Asia for so many years.

The root cause is money!

Commercial trade is extremely developed, and even if the country is corrupt, it is not short of money!

Even though there are astronomical amounts of year-old coins offered every year, they can easily be taken back through the exchange of the commercial trade deficit between the two countries.

For a country, there is no shortage of money, and no matter how difficult the situation is, there will be enough operational situations.

Today's Daheng. Whether it is fiscal and taxation policies, or the establishment of functional institutions, even in the years of cash-for-work and the construction of roads and rivers, everything is running towards this goal.

It can be said that today's Daheng has created a complete business and economic environment, and the rest is just filling and repairing slowly.

However, this commercial economic system still lacks the most critical link and the most critical pillar foundation.

That is... currency!

Daheng's currency is not uncomplicated.

Thanks to historical reasons, every emperor who ascends the throne will issue the currency of the current dynasty.

The same is true of Daheng today. In the Ming Dynasty, the copper coins issued by the emperors during their reigns circulated all over the world. After Daheng established the country, the Zhaowu Tongbao copper coins issued also circulated in the world.

Coupled with the influx of foreign silver into the country, the circulation of gold and silver precious currencies under the commercial prosperity, various official silver, private silver, official gold, private gold...

In today's Daheng world, the chaos of currency is simply endless, and the rationale is still in chaos. …. .

! And Daheng Bank came into being under this circumstance. With the popularization of Daheng Bank, silver bills replaced the currency function of gold and silver in a sense and became the first choice for commercial trade.

But obviously, under this circumstance, Daheng Currency lacks one of the most important attributes of currency since ancient times.

That is seigniorage!

The banknotes of the bank are determined by the amount of silver deposited.

The value is constant and equal.

This can be called currency, but it is definitely not Daheng's currency!

Since ancient times, it has been extremely normal for the imperial court to coin coins and use the fineness and fire consumption to earn seigniorage.

It is like a copper coin, 90% copper and 10% iron, the court made ten copper coins and earned one copper coin.

80% copper, 20% iron, if you make ten copper coins, you will earn eight.

This method of seigniorage, as long as it is not too ugly, is basically the most harmless source of fiscal revenue for the imperial court.

after all. At the source of the currency, the money is earned. As long as the food is not too ugly, the people will not notice it at all, and it is naturally extremely harmless.

The further development of seigniorage is naturally paper money.

The Jiaozi of Song Dynasty, the treasured banknotes of Ming Dynasty, and even the banknotes of the world in later generations...

At this point, it is completely empty-gloved white wolf.

Originally, to cast a copper coin, a constant amount of copper was required. Even if it was reduced, it would not be too obvious. After all, the people were not all blind.

And a piece of paper... how much does it cost?

The court decided that a paper currency was worth one copper coin, and that was the value of one copper coin, and that a paper currency was set to be worth one tael of silver, that was the value of one tael of silver…

In short*, as long as the reputation of the imperial court is strong enough to circulate paper money and become the main currency of the country, the imperial court can easily plunder the wealth of the people of the entire country with a single piece of paper.

Of course, this also has to follow the laws of the market. The consequence of indiscriminate issuance of Mingzhibao banknotes is that they are worthless.

But even if it is an issuance that follows the laws of the market...

A trivial piece of paper is enough to be called the country's largest and most harmless wealth income!

And this is only in the country.

Since ancient times, China has been called the Central Celestial Dynasty. The reason for this is naturally that the country is strong and radiates the surrounding countries, and all countries come to the dynasty.

And when paper money radiates to neighboring countries with national strength, with the exchange of commercial trade, and even replaces the currency of other countries, occupying the currency status of other countries...

A country's economy ~www.wuxiaspot.com~ is under the control of Daheng's currency.

By that time. It is... a real soldier who will be defeated without a fight!

This is the foundation of the future American country.

Dollar hegemony, economic colonization!

Daheng is in an era of continuous natural disasters, but at the same time, Daheng is also in the best era.

The era of great voyages brought about the beginning of world communication!

Countless interests are exposed unsuspectingly, and the rules of the world order have not yet been formed.

A piece of cake big enough for Daheng, enough for the Han people to stand on the top of the world in a true sense, waiting for Daheng to divide it, and even swallow it alone!

Plunder the wealth of the world and supply the people of a country.

That country, before the plundering order collapsed, would undoubtedly stand at the top of the world.

And the basic plate of wealth has expanded from a single country in Daheng to the whole world. There is no doubt that even if the cycle of history cannot be violated.

Very few people eat meat, and most people drink soup, but this soup is on the scale of a world.

The cycle of history will inevitably be extended a lot, and the national fortune of Daheng has never been more prosperous since ancient times!

…. .

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