'The sea! It’s all water! '
When the words "Stars and Sea" fell into their ears, this was the first thought in the minds of the emperor and princes.
"alright."
"The pre-class activities are over."
"There are many things you should notice in this illusion just now, but who can tell me which ones are related to the topic of our class?"
As soon as Ji Boying finished speaking, Zhu Biao stood up immediately and spoke firmly.
“Silver’s overseas purchasing power!”
Zhu Biao's eyes flashed.
Ji Boying was also surprised. He never expected that the word 'overseas purchasing power' would pop out of the mouth of a Ming Dynasty person like A Biao, and he would answer so quickly and decisively.
Children can be taught!
The Great Ming Scholar is about to be born.
"Come on, continue."
Ji Boying immediately cast an encouraging look at Zhu Biao.
Abiao took a deep breath to calm down his excitement, and his expression became clearer and brighter.
It's like struggling to solve the final piece of analytic geometry. When you finally find the breakthrough point, it suddenly becomes clear that the solutions to the most difficult problems will be revealed in front of you one by one.
"The Immortal Master just spoke very fast. Although I didn't hear it completely, I focused on one part of the sentence, that is, although the UK does not use silver itself, it needs to use silver to purchase supplies from other countries."
"This means that silver can buy goods in most countries in the world."
"This means that once we have a large amount of silver, we can greatly alleviate the pressure on domestic people. If we don't have enough food, we can import it from other countries. If we don't have enough migrant workers, we can also recruit from other countries."
"Even if the military strength is not enough, you can still hire them from other countries!"
When A Biaoyan said this, he took a deep breath.
Regarding the matter of 'how to use silver', he went from being confused at the beginning to gradually clearing up the clouds. Now he finally began to understand a little bit what was going on, and his admiration for the immortal master in his heart could not be increased.
When Zhu Biao said these words, the three Zhu Di were dumbfounded again, thinking to themselves, why didn't these words come out of our mouths? !
Isn't the eldest brother father's son?
Or maybe the three of us are not daddy’s children?
Everyone comes from the same tube, so the gap in understanding is a bit too big!
Lao Zhu smiled and nodded frequently, blushing and speaking without a beat.
"Oh brother, why is Biao'er thinking the same as us? If Biao'er hadn't said it in advance, I would have answered."
The face is not red, the heart is not beating, and the main focus is a thick skin.
Xiao Zhusi: "Ah, yes, yes! Me too!"
Ignoring the shamelessness of the two Hongwu groups, Lao Zhu and Xiao Zhusi.
Ji Boying looked at A Biao, the more he looked at him, the more he liked him. If only the whole class were students with high understanding like Zhu Biao.
The sense of accomplishment in teaching is overwhelming.
"Um."
"What A Biao said is very good. It can be said to be very good."
Just like a magic trick.
Ji Boying raised his hand and handed out a rainbow lollipop as big as a human face.
"This is your reward."
'Colorful! '
A Biao became excited instantly, his chest rising and falling.
'Such a delicate thing must be extremely precious! This must be a treasure from Tianque! '
He remembered what the Immortal Master had said before, that those who performed well in class would receive rewards from Tianque!
With excitement in his heart, A Biao took a few steps forward. Under the envious and blazing eyes of everyone, A Biao first bowed deeply to Ji Boying, and then took the rainbow lollipop.
Abiao was stunned for a while by the transparent packaging bag on the lollipop.
'There are transparent things in the world! '
Xiao Zhusi, who was sitting behind Zhu Biao, stared at it with eyes wide open: I am so envious and want it so much!
When Zhu Biao returned to his seat, he placed the rainbow lollipop on the most conspicuous table so that others could see it.
Xiao Zhusi was thinking about when to start, imitating Zhu Biaoshun's previous operation with his cigars, and planned to touch the rainbow lollipop to study it, but Zhu Biao placed the rainbow lollipop in the middle of the table and never gave it to Xiao Zhu Opportunities everywhere.
"Did you hear everything just now?"
Ji Boying glanced at the emperor's princes, and the smile on his face disappeared instantly, filled with hatred that iron could not turn into steel.
"If you people had half the brains of A Biao, you wouldn't be clueless about everything!"
"It's really the worst class I've ever taught!"
The most embarrassing ones are the three Zhu Di. After all, they are the same generation as Zhu Biao. However, Zhu Gaochi, Zhu Zhanji, and Zhu Qiyu can comfort themselves because the younger generations do not compete with their elders for glory.
"Ah Biao just said a few points, but it was not comprehensive."
"Now, listen to me."
"Listen carefully."
Ji Boying paused.
"If anyone still doesn't know the next question, I'll leave you to copy the second volume of the biography ten times."
There was sternness in his eyes, sweeping across all the emperors and princes.
Under Ji Boying's glance, the emperor's princes all straightened their backs. They had not been in class for half a year, and now the inertia began to slowly return.
"One of our theoretical topics: how to use silver."
"Silver will be the world's currency for the next few hundred years. There is no doubt about this."
"It is naturally a good thing to have massive silver reserves, but if you throw them into the domestic market at will, it will definitely lead to silver inflation. In this way, it is equivalent to returning to the old path."
“So, the first thing we need to do when we have a massive amount of silver is measure domestic productivity.”
“After silver is replaced as a mainstream currency, incremental silver will be gradually put into the private market in batches to test the silver saturation of domestic productivity. Once this saturation is detected, the flow of silver into the private sector will be suspended and investment will be made again after productivity increases. "
“The remaining silver is used to purchase large quantities of the productivity of other countries.”
“Use the productivity of other countries to gradually liberate and replace the country’s means of production and promote the rapid growth of the country’s productivity.”
Everyone listened to Ji Boying's words with confusion in their eyes.
"Brother, what is this productivity? What are the means of production?"
"Why are we so confused when we hear it? We don't understand!"
Lao Zhu couldn't help but ask.
"Well, just to add."
Ji Boying paused for a moment. He forgot to explain these professional terms.
"Productivity and means of production, let me give you a simple example."
"For example, if you are a farmer and you can produce 20 shi of grain a year, then these 20 shi of grain are your productivity, and you and your land are the means of production. If you are a blacksmith, how many kilograms of grain can you make in a year? Iron, this is your productivity.”
“And so on, across all industries.”
As soon as these words came out, the eyes of these emperors and princes became enlightened. Giving examples is always the easiest way to explain.
"Immortal Master."
Dao Yan suddenly pulled his beard and spoke.
“What is the productivity of a monk?”
Glancing at Dao Yan, Ji Boying wanted to give him a big dick and tell him to stay where he could to cool off.
From the perspective of social production, monks and Taoists basically have no production value. Instead, they simply consume social productivity.
"Spirit."
Ji Boying casually replied with the word "Dao Yan" and ignored the black-clothed monk.
After all, the existence of Taoism and Buddhism is to give people spiritual sustenance. From this point of view, it can be regarded as productivity.
"Master Immortal, since we want to use silver, what should we do with the treasure banknotes that have been issued now?"
Made by the Ming Dynasty: Ming Dynasty banknotes are the only legal tender of the country.
Emperor Xuande frowned, as did Emperor Hongxi, who had a poor appearance.
The Ming Dynasty Treasure Note has always been a pain in their hearts for both of them.
After all, Lao Zhu, Zhu Laosi and Lao Zhu Di, these three serving emperors all benefited from the excessive issuance of treasure banknotes and achieved their own prosperous times, which is a great feeling.
But Hong Xi and Xuande were just wiping the butt of Hong Wu, Jianwen and Yongle.
Oh no.
This thing of treasure money is made of mulberry paper, and no one wants to wipe their buttocks.
Ji Boying glanced at Emperor Xuande, then became slightly silent.
Regarding the Ming Dynasty treasure banknotes, Ji Boying thought deeply about this issue every time he saw relevant records in history.
When I was free and bored, I read about the treatment methods of Ming Dynasty treasure banknotes in some similar articles. Most of them chose to gradually recycle the Ming Dynasty treasure banknotes, gradually bring the Ming Dynasty treasure banknotes back to their original circulation value, and even eventually issue national bonds. Continuously bring back the value of treasure banknotes.
But now that Ji Boying has come to deal with this problem himself, he doesn't think so. He feels that these approaches are too idealistic and empty talk.
This is the Ming Dynasty, not the 21st century.
Not to mention how long it will take to increase the value of banknotes that have been depreciated hundreds of times. After this new financial policy is formulated, whether it can be implemented by officials at all levels is a huge problem.
After all, you don’t need to study economics to be an official these days, and officials at all levels will most likely not understand it.
In the Ming Dynasty, when the financial system has not yet been fully established, or there is no financial system at all, or even the concept of finance at the national level, if the Ming Dynasty insists on engaging in finance, the temple officials will be confused, and you still expect the common people to be in feudal superstition. Do you believe it?
For example, when it comes to issuing national debt, based on the ancient people's trust in the imperial court, which common people would be willing to exchange the little surplus they have on hand for national debt?
I would rather keep it to wipe my butt than give it to the government.
If you don’t fail in practice, who will fail?
Moreover, Ji Boying felt that the financial system was too complicated, and it felt like taking off his pants and farting.
Raising the value of the currency and issuing national bonds seems very lofty, logical and impeccable, but it is a bit too imitative.
In practice, none of the three axes are actually effective.
If you use clothes from later generations to fit into an ancient body, the size will be wrong.
Theory is theory, and it is all in vain if it cannot be applied in practice based on the background of the times.
In the next three to five hundred years, silver will be hard currency. In fact, as long as we hold the rights to silver mines everywhere in the world, there is no need to develop an offshore currency system.
Finance is complicated, but finance is actually very simple.
The main reason why the financial system of later generations is so complicated is because there is so much capital on the table, especially after globalization, capital is no longer even limited to a single country.
Under the game of capital from all parties and the balance of interests, the financial system is like a mountain that is difficult to shake.
But once a landslide occurs, it will cause a series of disasters. This is the so-called financial crisis.
In today's Ming Dynasty, there is essentially no capital at all. If we insist on naming a capital, there is only one and only one, and that is the court and the emperor.
Ming Dynasty is not Zimbabwe. The domestic situation under currency devaluation is very different.
One of the important factors why Zimbabwe chose to go bankrupt hundreds of years later is that when the currency of Zimbabwe lost its purchasing power, the currency circulating in the Zimbabwe market instead of the currency of Zimbabwe was the US dollar!
Zimbabwe’s biggest capital is not the government, but the government, so no matter what he does, as long as the government continues to suck blood, he will have no choice but to suffer financial collapse.
This is the core key.
But the Ming Dynasty was different. After the purchasing power of treasure banknotes was lost, silver replaced them.
Although silver is not the legal currency of the Ming Dynasty, it has long been accepted by the people. It is a ready-made and replaceable currency. This kind of currency change is completely different from the speculation in the late Yuan Dynasty.
Although it has not been officially acknowledged, it has actually happened and circulated smoothly.
For this reason, Ji Boying thought for a long time about the issue of Ming Dynasty treasure notes.
Finally, he came up with a simple, direct, and crude method.
He wasn't sure it would work, but he wanted to give it a try.
Taking a deep breath, Ji Boying spoke.
"In the name of the imperial court and based on the criminal law, treasure banknotes are abolished, silver is stipulated as the legal currency of circulation, and corresponding silver is given for recycling of treasure banknotes according to the degree of depreciation of the treasure banknotes of the respective dynasties."
As soon as the words came out, the emperor and the princes were stunned, and their eyes clearly still showed incomprehension.
"Master Immortal, if you force the treasure banknotes to be recycled, wouldn't it be equivalent to robbing money from the people?"
Old Zhu Di was silent for a moment and said in a solemn voice.
As soon as he finished speaking, before Ji Boying could give the answer, Zhu Biao had already spoken first.
"The treasure money is no longer valuable, is it still called robbing money?!"
"What's more, recycling silver of the same value is something the people want. After all, the banknotes in their hands will continue to depreciate, but the silver will not."
Zhu Biao glanced at Old Zhu Di and said something to wake everyone up.
Especially Zhu Zhanji, who lived in Xuande time and space, was most sensitive to this point.
During his Xuande Dynasty, it was common for people to hide silver privately. In fact, treasure banknotes had basically lost their circulation properties, and they were all traded in silver privately, which could not be stopped at all.
As long as an imperial edict is issued, silver can become legal tender, and the treasure banknotes on hand can be exchanged for silver according to the market value. Why wouldn't the people do it? !
As for the issue of the country's credibility, your banknotes have depreciated to this point. Is it worth what the country says it is worth? How much money does it cost to save face?
"good."
"Zhu Biao performed very well today. Everyone should learn from him and emulate him."
Ji Boying felt that he fell in love with Zhu Biao more and more.
"Master Immortal, you just said that we should deliver a certain amount of silver to the people to ascertain the silver saturation level of the people's productivity."
"What should I do with the extra silver?"
Zhu Laosi frowned.
The silver from the island will soon be shipped in a steady stream. As the silver mines on the island continue to be vigorously opened, the amount will only increase in the future. So much silver cannot be hoarded in the treasury as decoration.
"Didn't I just say that?"
"It is used to purchase the productivity of other countries, use the massive productivity of other countries to liberate and replace the country's production means as quickly as possible, and promote the rapid growth of the country's productivity."
"remember."
“While purchasing the productive forces of other countries, it is not just about purchasing, but using massive amounts of silver to purchase all other countries’ national industries, such as salt, iron, and sericulture.”
“If we don’t sell it, we will use force to open the country.”
In Ji Boying's view, Yingjiang's currency kidnapping scheme is too sophisticated and is not suitable for this era. Financial development takes time and cannot be achieved overnight.
On the contrary, this massive injection of silver has used huge financial resources to turn state-owned enterprises in other countries into wholly-owned public enterprises, coupled with the strong military garrison to deter them.
Simple and domineering.
This method is more maneuverable for the current Ming Dynasty and requires less time for expansion.
Once a large-scale virtuous cycle is formed, it will only take a dozen years for the Ming Dynasty to become a true Han empire on which the sun never sets.
There is no comparison to that fake sunset in Great Britain.
This is what Ji Boying said.
"Wonderful! Wonderful! So wonderful!"
A voice sounded before anyone else could react.
Boom...!
Inside the big bell, Xia Yuanji, who was half-crouching, suddenly stood up in excitement, and his forehead banged against the top of the bell, and the sound of pain rang out from the bell.
"I know you have a lot of questions."
"No rush, come one by one."
Ji Boying glanced at the group of emperors and princes, feeling somewhat confused.
This is the simplest and most direct method used by Ji Boying. If it were to explain how to increase the value of currency, issue national bonds, and create complex offshore exchange rates, and finally use currency to kidnap the whole world, I guess Lao Zhu and his gang would be smart. Make it smoke.
"Immortal Master..."
Just when A Biao was about to ask a question.
Suddenly, in front of Ji Boying's eyes, the light screen suddenly burst into red, and a red alert popped up.
"Reminder: There is a risk of closure of Zhengde space and time, please go there immediately"
'Closing risk? ! '
This situation will only occur when the current emperor of time and space is about to die and the successor is not under Ji Boying's control. For example, this was the case with Emperor Xuande before.
Ji Boying was stunned, subconsciously locked on the Zhengde time and space, and quickly checked the current progress of the Zhengde time and space.
I really don’t know if I don’t check. I’ll be shocked if I check.
"Fuck!"
He couldn't hold it back for a moment and shouted out, which shocked Lao Zhu and others.
And in Ji Boying's mind, a sentence popped out.
Emperor Ming - Easily soluble in water.
I have to take my wife for a prenatal check-up during the day, and the baby will be born in one and a half months~
The original update of the 6K chapter at noon may be a bit late, probably at 6 pm.
I discussed something with my brother for the sake of convenience.
How about changing the update time to 6pm and 12pm in the future~
Please give me a monthly ticket~!
(End of chapter)
