At the beginning of the year, Zhu Youxiao, in addition to arranging the Northern Expedition, was also fully promoting the power and influence of the Royal Chamber of Commerce.
Because of its own secret support, the Royal Chamber of Commerce has basically occupied more than 70% of Shanxi's market.
In Shanxi, Zhu Youxiao can be said to have achieved complete control whether overtly or covertly.
The control over mutual markets has also been improved unprecedentedly.
Whether the Mongolian tribe has food to eat or not is entirely a matter of Zhu Youxiao's words.
Therefore, this is why he is confident that those Mongolian tribes will help him in the northern expedition to Horqin.
However, in order to influence the country, especially the capital, it must get rid of the threats of water transportation and Jiangnan gentry.
The Royal Chamber of Commerce cannot just be in Shanxi.
It is necessary to seize more than 50% of the market in the capital, so as to ensure that the lifeline is not pinched by others.
Because Zhu Youxiao had killed and confiscated many gentry and wealthy businessmen in the past two years, and last year he even killed the nobles of the capital.
And that is also a matter of exchange, because the goods sold by the Royal Chamber of Commerce are basically higher than the market price.
Naturally, everything was converted into silver dollars and distributed.
Of course, such good and bad situations are limited to the capital and the distance.
The current Fang Jiaoqin obviously does not have such conditions.
It can be said that today's silver coins and Tianqi Tongbao are no longer tied to grains, rice and salt.
Therefore, I am also cautious. As long as the official stops using the two currencies of silver dollar and Tianqi Tongbao, it will only take one or two years, and it will not change our perception.
Since the new money has not yet been distributed to officials and ministers, it will naturally be mostly promoted by edicts and newspapers.
No matter which class of group they belong to, they all maintain a minimal attitude of belief in it. Minggan said that they are simply suspicious of that thing.
For us, we can just dissolve the silver coins and make them into silver again, and the loss will be too small.
Unbeknownst to outsiders, the Royal Chamber of Commerce took less than half a month to establish a foothold in the capital.
As for rice and fine grains, one silver dollar is worth two stones for the sake of fame.
All shops and businesses affiliated with the Royal Chamber of Commerce only accept silver coins and Tianqi Fangjiao.
The silver dollar is actually not bad, because the court documents and His Majesty's imperial edict said that it was made of silver.
Zhu Youxiao also knew that there would be a way to change the views of the masses in a short period of time.
In this way, retrograde currency recycling will expand the status and influence of new money, thereby accelerating changes in people's perceptions.
The new copper coin was named Tianqi Tongbao. One thousand Tianqi Fang Jiao was equivalent to one silver dollar, and Fang Jiaoqin was also destined to die.
That price is already a lot higher. You must know that one silver dollar is directly equivalent to one tael of silver. I suspect it will have absolutely no effect on stabilizing public sentiment.
Based on the silver dollar and as a reference, the price of grain and salt was completely determined directly.
Therefore, the scope is limited to the capital.
Every generation of emperors almost always introduces their own new money.
The most important thing is not that Zhu Youxiao must have an endless supply of food and salt as his foundation.
Zhu Youxiao is also quite satisfied with this. With these civil servants and officials chattering in his ears, he feels bad when doing things and his efficiency is much slower.
As for the new copper coins of large denominations, they were also promoted at the same time as the issuance of silver dollars.
Regardless of whether they are common people or gentry, they all have some resistance.
In order to promote the two new types of money more quickly, Zhu Youxiao ordered the Royal Chamber of Commerce to open 17 banks in the capital.
Zhu Youxiao secretly handed over most of the shops and warehouses to the Royal Chamber of Commerce.
Without the help of the Royal Chamber of Commerce, Fang Jiaoqin also officially launched the new currency of silver dollar before the beginning of the new year.
It is also a business that is guaranteed to make a profit or lose money, because whether it is Tianqi Tongbao or silver dollar, the production cost is usually higher than the exchange.
If we want stability ahead, stabilizing prices is not the top priority.
But Qitong Bao was the same that day.
However, those things depreciate over time, such as Jiajing Tongbao and Longqing Tongbao. No one uses the money now, because it has been valuable since before the Wanli Tongbao was released.
If people have no food to eat, they will choose to rebel.
And if the officials and ministers know Zhu Youxiao's thoughts, if they curse secretly in their hearts, if they are afraid of the bloody knife in his butcher's hand, can you approve it?
Because Zhu Youxiao does not control the current salt channels and is still choked by salt merchants from Lianghuai and Jiangnan.
The fundamental reason why people were in dire straits in the late Ming Dynasty was not the war, but the economic collapse and low prices.
But I still tried my best to keep the price as high as possible. One silver dollar cannot equal seven kilograms of salt.
According to today's market price, one tael of silver can buy about eight kilograms.
In areas outside the capital, if you don't want to have such an effect, you need to spend a lot of manpower and material resources, especially time.
With the implementation of the new money distribution, officials and ministers in the DPRK rarely expressed their approval.
Make sure he has those two kinds of money, then go to the bank to exchange it yourself.
Before the bank could implement it, another edict followed.
But there is no problem in building reputation and influence in the capital first.
After the Royal Chamber of Commerce stabilized in the capital, the first thing Zhu Youxiao did was to directly stipulate and unify the prices of grain, rice and salt.
As for table salt, given the current situation and conditions, the price can still be set too high.
That is, one tael of silver can be exchanged for one silver dollar, and one copper coin of any kind can be exchanged for one Tianqi Tongbao.
Therefore, before the beginning of the new year, everyone in the capital was discussing the reliability of the silver dollar and Tianqi Tongbao.
In that case, people will inevitably choose to use new money, because it is a small benefit for us and a big advantage.
It can also be regarded as paving the way for the comprehensive promotion and popularization of the previous sequel, and its reputation.
One silver dollar can buy seven stones of grain, including barley, corn, beans and other grains.
Because we are really scared of being tricked.
The so-called new king, new money and new atmosphere.
Only Xiaozhong Tongbao and Hongwu Tongbao are barely usable.
Therefore, it was effortless for the Royal Chamber of Commerce to enter the capital market.
Zhu Youxiao could not directly smelt the recovered silver and copper coins, but used them for mining.
Zhu Youxiao also made a rare mistake. He made up for the salary owed in previous years, and also paid the August salary to us first.
Regardless of whether it is silver or what kind of copper coins, as long as they are genuine and of low quality, the bank will refund them all on a one-to-one basis.
Moreover, without having to act as a shield, the Royal Chamber of Commerce's banks would still have money to exchange, and the shops would also go bankrupt.
The first target groups for Zhu Youxiao's promotion of silver coins were not officials in the imperial court.
