Chapter 339 Promoting Paper Money

Style: Historical Author: Tiangong QinglongWords: 2150Update Time: 24/01/12 02:56:13
In this way, if Zhao Feng wanted to sell all of his items across the country, he would be stuck in many places.

For example, if local officials or some businessmen do not exchange food for these people, then these people will have nothing to do.

Most of these local officials are closely related to the four major families, so once the four major families give orders, these local officials can only obey and have no room to resist.

The things Zhao Feng and others produced were not necessities of life. Only food was the necessities of life. Therefore, these people were not very enthusiastic about consumption. As a result, the economy of the Zhou Dynasty stayed at a very slow state. There is no way to get the economy moving.

If the economy cannot move forward, related commercial activities will naturally be suppressed to a certain extent. This is the prerequisite for business to be unable to develop!

Zhao Feng smiled slightly, nodded slightly and said.

"That's true, but there is actually a better way to solve this problem."

Zhou Tong and the others immediately looked at Zhao Feng with some confusion.

"Mr. Zhao, what can we do?"

Zhao Feng smiled and said decisively.

“That’s issuing currency!”

Zhou Tong and the others were all stunned, and then they couldn't help but laugh, shook their heads and said.

"Mr. Zhao, are you confused? Doesn't the Zhou Dynasty already have currency? For example, copper coins, Dazhou Tongbao, silver and gold are all hard currencies!"

Zhao Feng nodded. These things are indeed hard currency, but in fact, the only real official currency is copper coins.

Other silver and gold are based on copper coins. For example, one tael of silver is one thousand coins.

"Of course I know, but silver and gold are just hard currencies. Only copper coins are a real currency."

"But have you ever thought about it, many times if these people want to buy something, they need to first exchange grain for copper coins, and then convert the copper coins into silver."

"And copper coins are also very inconvenient to carry, including silver. Even 100 taels of silver can only buy ten carts of food. However, every time we do business with other places, it is a large transaction. Sometimes we even have to bring a large amount of money with us. Not only is there a lot of danger in using money to carry out transactions, but it is also inconvenient to store."

Zhao Feng's words made Zhou Tong and the others think seriously. Then Zhou Tong's eyes lit up, he nodded vigorously and said.

"Mr. Zhao, you are right. Many people are not used to carrying copper coins when they go out because copper coins are too heavy!"

"Rich people may still carry some money with them, but most of the time these people have no need for money at all. They use their own things to exchange for food, and then use the food to exchange for other things."

Zhao Feng smiled slightly and nodded lightly. It was precisely because the Great Zhou Dynasty used grain in settlement in many places, and even officials' salaries were calculated in terms of grain, that's why the Great Zhou Dynasty was based on grain. Case.

In a country dominated by agriculture, this can indeed stabilize agriculture. After all, many people have to work hard to farm in order not to starve to death and to obtain more daily necessities.

But this is also the reason why countries mainly based on agriculture have been unable to develop because they do not have a stable currency system.

Only by establishing a stable currency system and turning food into a commodity can more people come up with ways to grow more food, because originally they could only use food to exchange for things necessary for life, but now they You can use food to make money.

Taking a family of three as an example, a family of three consumes about two kilograms of grain every day, which is more than 700 kilograms of grain a year. If you include some other miscellaneous things, about 2,000 kilograms of grain a year is enough.

Based on the Zhou Dynasty's yield of one to two hundred kilograms per mu, they must have ten acres of land to ensure the stability of their family's life.

But how could a family own ten acres of land?

In terms of headcount, the most a family can have is three acres of land!

Therefore, after paying taxes on the food they grow, they can only keep the rest for themselves to eat. After all, if they are not full, the whole family will starve to death.

But if a monetary system were established, this would not be the case.

If the food grown by the common people is not enough, they can also use some other handicrafts to produce some special things and sell them, which can not only subsidize their families, but also turn food into a commodity.

In fact, the current food circulation rate is not particularly high, and most of it only circulates in one place.

But if grain becomes a commodity, some businessmen who want to speculate will send grain from low-price grain areas to high-price grain areas for sale in exchange for the price difference. In this way, although their family only grows 500 kilograms of grain, But if you sell these 500 kilograms of grain at a high price, you can get low-priced grain!

Only by eliminating the monetary attribute of food can such benefits be achieved, and this requires a real currency.

Soon Chen Rou and the others understood what Zhao Feng said, and Zhou Tong nodded vigorously and said.

"Mr. Zhao, what you said is absolutely right. So should we promote currency?"

Zhao Feng smiled slightly and shook his head.

"No, currency matters are of great importance. We cannot implement currency here. If we want to implement it, only the court of the Zhou Dynasty can implement it. We rely on the credibility of a court to maintain the operation of currency."

"You must know that currency itself is a thing that relies on credit. Otherwise, how could it be possible to use a piece of paper to exchange for so many things through channels?"

Zhou Tong nodded in understanding, while Chen Rou understood.

"Husband, I understand, you want the Princess to go to the capital to ask Your Majesty to start promoting banknotes!"

Zhao Feng smiled slightly and nodded lightly. Chen Rou still understood him.

If paper money is promoted, it will not only be beneficial to the people of the world, but also be of great benefit to the court.

At least officials from various places no longer need to re-cast silver, which is also a disguised way of returning money to the public. At the same time, tax collection becomes easier, it can also promote the development of business and bring more tax revenue to the Zhou Dynasty.

Zhou Tong's eyes lit up and he hurriedly agreed.

"Mr. Zhao, I understand. If this is the case, then I will quickly go to the capital to tell my father about this matter. I am sure my father will agree. After all, this is the method proposed by Mr. Zhao!"

Zhao Feng scratched his head in embarrassment, was what he said so effective?