In the political hall, Zhang Yue and Lu Huiqing were discussing the final decision.
Wang Gui had always been a bachelor of the Hanlin Academy, but he failed to qualify and became an official.
When Wang Anshi was in phase, he was repeatedly beaten by Zeng Bu and Lu Huiqing.
Now that Wang Anshi has resigned, Wang Gui is still the same as before, working silently every day and not talking. He knows that the Yingzong and the emperor do not trust him, so he just makes arrangements for himself.
Feng Jing has always had arguments with Wang Anshi and Lu Huiqing, but they are not firm.
All in all, I couldn't fight, so I took a detour, but my attitude was still there. When facing the emperor, he also managed to speak out and give advice on everything, but not fiercely.
Feng Jing and Wang Gui were not as good as Zhang Yue in the details of salt banknotes. Lu Huiqing was familiar with it so he did not express his position.
However, Xu Anshi and others continued to put forward opinions.
Xu Anshi said: "The imperial court can make millions of dollars every year by issuing more salt banknotes. Therefore, the proper issuance of false banknotes can increase the court's income. The lower official thinks that there is no harm in printing more salt banknotes."
"Right now, there is a shortage of money among the people, and everything is depreciated, except salt banknotes. When Shaanxi enters the market, businessmen now only need one-third of the price to buy rice from the market, and then pay nanometers to the government in exchange for salt banknotes, which makes border savings emptiness."
Deflation caused by the money shortage will cause prices to plummet, but Zhang Yue has always strictly implemented the policy of not allowing the indiscriminate issuance of salt banknotes. If the salt banknotes are issued less, the price of salt will not rise.
Merchants who bought money competed to exchange rice for salt banknotes. The merchants who made a living by buying money made a lot of money, but the court suffered a loss.
Therefore, Xu Anshi suggested that the court issue more salt banknotes to reduce the price of salt and increase income at the same time.
Xiong Ben on the side said: "Yes, I heard that the more money is scarce, the more merchants in Shaanxi are hoarding copper and iron money, and salt banknotes are also saved in their hands. However, the prices of goods among the people are extremely low, and the best acres of land in the past are not worth it."
Lu Huiqing said: "You can ask the Shaanxi Transport Department to overestimate the price of rice, so as to prevent these merchants from making profits. As for the salt banknotes involving salt, you must not print fake banknotes."
False valuation was a system used by the Tang Dynasty to adjust official prices and market prices. Merchants who paid taxes in kind were given subsidies. This subsidy was called Jiarao.
Usually they give a price higher than the market price, but Lu Huiqing underestimated it.
The official price is the contract price for long-term supply. No matter whether the rice is expensive or cheap, it is the same price. When the price of rice is high, the merchants who buy it lose, and the court makes a profit. When the price of rice is cheap, the merchants who buy it make a profit, and the court loses.
Lu Huiqing's method of false estimation made these officials and businessmen only lose money but not make money. All in all, there is no way to make money from the court.
However, these losses and gains are only on the surface, for officials and businessmen are all smart people. Otherwise, when checking and accepting grain, any official could say that your good grain was soaked in water and then dried in the sun and not be exchanged.
The final result of this move is that grain merchants collectively pass off inferior products.
Zhang Yue took a sip of tea leisurely, and then said: "The false estimation method has great disadvantages. I thought that since the official money was insufficient, I could just use the repurchased jiaozi to pay to the Shaanxi Cao Division, and let them share the salt banknotes and jiaozi. The 50% method is to exchange banknotes for the merchants who buy the goods."
Lu Huiqing couldn't help but shuddered when she heard this, thinking that Zhang Yue's move was so good.
How high?
It’s as high as a ten-story building!
Zhang Yue looked around and said: "There is no money in Shaanxi, so the money shortage is solved with banknotes. Salt banknotes are a fixed amount and cannot be reprinted, but Jiaozi can..."
"This can not only relieve the shortage of official cash in Shaanxi, but also increase the price of rice. It is not easy for the people of Shaanxi to farm on the border, and we cannot let them suffer."
After Zhang Yue finished speaking, Feng Jing, Wang Gui and other officials suddenly realized.
It turns out that Zhang Yue was determined not to manage Yanchao and Jiaozi together, but to separate them into two managements. This was his intention.
Salt banknotes were based on Jieyan and Zhangyan. In order to alleviate the money shortage, increasing the issuance of salt banknotes would undermine the court's salt policy plan.
Therefore, the annual issuance of salt banknotes is a fixed amount and cannot be easily increased or decreased. Otherwise, once the salt banknotes cannot be exchanged, the credibility of the currency will be destroyed.
Both Zhang Yue and Lu Huiqing saw this level.
But what Lu Huiqing didn't see was the second floor. Jiaozi's capital was the legendary "three hundred and sixty thousand guan" iron money, but all the money was spent.
Therefore, Jiaozi can increase or decrease the number of issuances based on the amount of money circulating in the market, and implement another monetary policy. Shaanxi is seeing a shortage of money, and even now it is too late to make two coins, but banknotes like Jiaozi are different.
This is the reason why Yanqiao and Jiaozi must be separated.
It turns out that this was Zhang Yue’s original intention.
He had thought of this problem a long time ago, so he set up this mechanism and designed two systems and issuance methods for Yanchao and Jiaozi respectively.
Immediately Xu Anshi, Xiong Ben and others were convinced, even Feng Jing and Wang Gui were in admiration.
A few days ago, the imperial court used real gold and silver to buy back Jiaoyin at the exchange office, which increased the number of official letters from more than 100 yuan to more than 700 yuan. It came in handy in just a few days.
Lu Huiqing's face was a little tense. He looked at Xu Anshi, Xiong Ben and others who were so impressed with Zhang Yue that they knew that they had lost again today.
Afterwards, Lu Huiqing and Zhang Yue went to Chongzheng Hall and reported the matter to the officials and Han Jiang.
Zhang Yue talked eloquently in the palace: "I believe that the most important thing about money and goods is the circulation. If it can flow continuously, both the officials and the people will benefit a lot from it."
"For example, if I have one hundred thousand dollars, if one person uses it, it will be one hundred thousand dollars. If it spreads across ten houses and circulates in the hands of ten people, it will be one million dollars."
"To resolve the money shortage in Shaanxi, Jiaozi circulation is ten times better than seeing money."
The officials and Han Jiang looked at each other with expressions of admiration.
Han Jiang said: "Your Majesty, Zhang Yue said before that printing salt banknotes will only produce false banknotes and corrupt the banknote method. If Jiaozi is printed, there will be no such disadvantages, as long as the court can practice the way of mentioning. "
In other words, Jiaozi can fluctuate to a certain extent.
Immediately, Zhang Yue's method received imperial approval. After coming out of the Chongzheng Palace, Han Jiang said to Zhang Yue and Lu Huiqing: "Earlier, Jiefu and I talked about the money shortage in the northwest in a letter, and he said why not pay more When the salt banknotes come, he said that salt fluctuates every year. If the banknotes are few, the court loses salt profits. If there are more banknotes, just buy them."
"The other thing is to just go and make referrals and profit from the salt banknotes alone. Fortunately, I didn't discuss this with the officials just now."
Zhang Yue smiled after hearing this, and then looked at Lu Huiqing with a look of disdain.
After Han Jiang finished speaking, he took the first step, leaving Zhang Yue and Lu Huiqing alone.
Zhang Yue said to Lu Huiqing: "Wang Xianggong is a scholar of heaven and man, but when it comes to economics, he is really far behind Da Shen."
Lu Huiqing didn't think so in her heart. Do you, Wang Anshi, still want to regain your position? He actually wrote to Han Jiang to discuss money and goods policies.
That's all you can say. This printing of salt banknotes is clearly a short-sighted move. And abolish cross-referencing and use salt banknotes exclusively? As Zhang Yue said, Wang Anshi really didn't understand economics.
However, Zhang Yue's words seemed angry, and Lu Huiqing also sensed whether the other party was taking the opportunity to drive a wedge between herself and Wang Anshi.
Lu Huiqing knew it and pretended not to know the truth: "To tell you the truth, the only ones who can discuss important matters in the court now are you and me. The rest are insignificant."
After Lu Huiqing finished speaking, there was a sudden thunder in the sky. Zhang Yue heard that when he said this, he had an air of "the heroes of the world are only envoys and caoer".
