Lao Zhu frowned and looked at Ji Boying seriously.
It can be seen from Lao Zhu's expression that he firmly believes in what he said. There is nothing wrong with it and it is very scientific.
Ji Boying smiled. What he was waiting for was Lao Zhu's question. In history, Emperor Taizu and Emperor Taizong of the Hongwu Dynasty and Yongle Dynasty were all responsible for printing money. The money printing machines kept spinning day and night, lest they print money. Not enough.
If you don’t understand the horror of financial beasts, you will suffer big losses sooner or later.
Then, he looked at the serving emperors on the seats.
"Yiyi, Bingyi, Dingyi, and Wuyi, the four of you come and tell your ancestors the price of one stone of rice in your respective dynasties."
Lao Zhu was stunned, why should someone answer such a simple question?
Isn’t the price of one stone of rice just the same amount of money?
common sense!
Even the three-year-old child on the street knows this!
Jianwen Zhu Laosi, who was first named, took a deep breath and looked at Lao Zhu.
"Father, ten guan notes can buy one stone of rice."
Before Lao Zhu could get angry, Lao Zhu Di from Yongle had already spoken.
"When I was in court, eighty guan could buy one stone of rice."
Xuande Zhu Zhanji frowned and looked at Lao Zhu.
"Reporting to Emperor Taizu Gao, one thousand guan of folk treasure notes can buy one stone of rice."
A thousand strings?
Lao Zhu, who was still astonished at the eighty-five-meter-high figure, suddenly became angry, slapped the Taishi chair fiercely and stood up.
"What kind of profiteer is this?!"
"We must skin these thieves!"
Ji Boying glanced at Lao Zhu, but there was something he didn't say: You are the biggest profiteer, and you are the kind who specializes in business without capital.
"Lao Zhu, don't get excited, sit down first."
As soon as the words came out, Lao Zhu also reacted and nodded quickly.
"Brother, don't be surprised. We are just a little too angry. One stone of rice is asking for a thousand guan of treasure money. It is simply lawless!"
"Um."
Ji Boying nodded slightly, then looked at the emperors on their seats and said.
"This situation is called inflation."
"That is, under the conditions of currency circulation, the supply of money is greater than the actual demand, and the purchasing power is greater than the productivity, leading to currency depreciation, which in turn causes prices to continue to rise."
“To put it simply, there is so much money that it is no longer worth anything.”
Purchasing power? productive forces? Money is worthless? Is money still valuable? What is the logic?
Lao Zhu's brows wrinkled tighter and tighter, feeling that his brain hurt a little.
The Ming Dynasty Baochao was a great masterpiece that he had racked his brains to come up with, and he had always been proud of it. Indeed, the emergence of the Ming Dynasty Baochao played a great role in the rapid recovery of national power in the early days of Hongwu.
But this operation is tantamount to drinking poison to quench thirst, and consumes the country's fortune.
And what makes the people laugh the most is that you exchanged the money for the money in my hand, and then refused to let me pay taxes with the money. What is the difference between this and being a rogue?
"Brother, what should we do?"
Everyone else was also staring at Ji Boying, with expectations for the answer in their eyes.
In their respective eras, the rapid depreciation of Ming Dynasty banknotes and the massive private banknotes were a huge headache.
In fact, by the Xuande period, the effectiveness of Ming Dynasty banknotes was almost the same as that of waste paper, and they were only maintained by the imperial power.
After all, it is legal tender issued by the imperial court, so you can’t deny it, right?
"Do you think this is a big problem?"
Ji Boying did not answer Lao Zhu's question immediately, but looked at the group of emperors.
Old Zhu Di nodded and answered first.
"The depreciation of treasure banknotes is indeed a big problem. If it is not solved, it will be left to future generations, which will be even more troublesome."
Ji Boying glanced at Old Zhu Di. If Xia Yuanji were here, he would definitely stand up.
Xia Yuanji: Your Majesty, why don’t you think it’s a trouble when you make a sound? No matter how hard I tried to persuade that guy, it was useless. He laughed so hard while he was printing money, and he waved a small leather whip behind me, and if I didn’t print, he would whip me...
Xuande Zhu Zhanji sighed and took a deep look at Old Zhu Di, who had just spoken and was a few seats away. He wanted to say something, but he didn't know where to start. After all, he was what Old Zhu Di said "leave to future generations." 'The one who comes after us.
In the tenth year of his Xuande reign, the Ming Dynasty treasure banknotes were so painful that dogs even used them to wipe their buttocks.
"Brother, since there is something wrong with the treasure banknotes and it really doesn't work, when it becomes unusable, we will change to another kind of treasure banknotes and start from scratch. Wouldn't this solve the problem of inflation?"
Lao Zhu spoke, and the theory became magical again.
This time, even his sons, grandsons, and great-grandsons were stunned. Although he didn't know what was wrong with his ancestor's words, it always sounded like something was wrong.
"You want to imitate the yuan's currency changes? Don't you know that the yuan's currency changes caused the financial collapse?"
Ji Boying really wanted to explain to Lao Zhu what Zimbabwe is.
"so serious?"
Lao Zhu's expression changed. He really hadn't thought about this, and he didn't expect it either.
"Um."
Ji Boying glanced at Lao Zhu and spoke calmly.
"The country will be destroyed."
As soon as the word "subjugation of the country" came out, Lao Zhu and Zhu Di, Zhu Gaochi and Zhu Zhanji frowned. The word "subjugation of the country" they heard today exceeded anything they had heard in the previous half of their lives.
"I'm going to ask you, forget it, let's just ask you."
"Wuyi, stop looking, it's you."
Ji Boying looked at Xuande and Zhu Zhanji who were looking around.
Emperor Xuande, who was suddenly called out, was startled and then straightened his back.
"Excuse me, Immortal Master."
"During the Xuande period, the value of treasure banknotes depreciated a thousand times, and the people rejected them. How could private transactions be carried out?"
Emperor Xuande took a deep breath, first glanced at Lao Zhu, and then at Lao Zhu Di.
"It's okay, just say it, there are no grandparents in the classroom."
Ji Boying's guidance and encouragement.
Emperor Xuande swallowed, took a deep breath, and spit out two words.
"silver."
As soon as these words came out, Lao Zhu's expression changed instantly.
His national policies and his ancestral system have repeatedly ordered that silver cannot be circulated among the people.
His grandmother, these grandsons and great-grandsons, those who dote on eunuchs, those who use silver, those who use silver, don't take our ancestral precepts seriously? This is tantamount to a naked slap in our face!
