"Can Daqian use silver as its main currency now?" Xiao Yi murmured to himself.
Looking at the account book in his hand, he finally shook his head.
The production of silver is not enough, and it is even lower than the production of copper coins. As a major currency, the production of silver must be sufficient for use.
However, if too much silver is produced, its value will become lower and lower.
Once there are more silver coins on the market than copper coins, inflation may occur. By then, copper coins will in turn be more popular than silver coins.
Things are rare and valuable.
The output of gold and silver is relatively low, so gold currency and silver currency are more valuable and popular than copper currency.
Thinking of this, he sighed and said: "Relief for work, building roads and bridges, controlling floods, paying military rations, and making firearms, none of them require money... If there is no extra money, I don't know how many years it will take to complete these things." .”
"Time waits for me...!"
But, again, something has to be done.
Fixed currency system cannot be rushed, but it cannot be ignored.
“Silver monetization, as the name suggests, is to make silver the main currency of Daqian.”
"This involves some definitions, such as what currency is and what is the essence of currency. I will talk about it today. You can also listen to it and think about it."
Prince's small classroom continues to open.
He wanted to raise the awareness of the ministers, broaden their horizons, and then give them some tasks.
A summary of the twenty-sixth year of Zhenyuan.
The plan for the beginning of the twenty-seventh year of Zhenyuan.
In fact, these regulations can be brought out and enforced, such as the note given to the Six Ministries and Nine Ministers, which is still adhered to now.
Each of the six ministers will have their own notes.
The note contains the tasks Xiao Yi gave them.
Later, there will be two official offices, Yushitai and Jinyiwei, to evaluate the tasks of the six ministries and nine ministers.
This can be regarded as directly behind, holding a whip, and rushing the officials in the court to do things.
As long as they always have something to do, they won't think about what to do, and there will be very few party disputes.
For a time, the political officials were clear.
"Looking at the reasons, silver has significant advantages as a currency, that is, it is corrosion-resistant and easy to preserve, its texture is easy to cut and cast, and it is less than copper but more than gold."
"The key point is that most of the silver in Daqian comes from Japan, and a voyage transaction brings back a lot of silver, which is enough to slowly circulate throughout Daqian."
"There are two silver mines over there in Japan. This has been mentioned before."
"However, we must find a way to allow Daqian to continue to obtain more silver, because there will always be a day when transactions are slow in Japan. For example, if we buy Daqian cloth every day, one day, the cloth storage in Japan will be slow. If the quantity meets their needs, they will no longer buy cloth.”
"At this time, we must find a way to make them like the consumables we produce."
"For example, tea, vinegar, refined salt, and now roast chicken, roast duck, braised pig's trotters, etc., as well as our hot pot, hot pot ingredients, etc."
"Only in this way will they continue to purchase goods from Daqian, and Daqian will have a continuous supply of silver."
"So the imperial court should encourage merchants to create better goods that the public likes, but can only be used once and have to be bought again after they are used up."
“The basic necessities of life, including clothing, food, and tools for walking, can all be transported by sea to Japan and then sold.”
"In this way, Daqian will get more silver, and we don't need to work hard to mine it ourselves. We don't need to waste people and money. A large amount of relatively stable silver will enter Daqian and become the main currency of Daqian in the future."
Fan Zhongyan is a relatively outspoken person, and at the same time, he has a strong receptive ability, so he immediately asked seriously: "The devaluation of the current copper coin system in Daqian, as His Highness said, will make the relatively stable silver become the main currency in Daqian in the future."
"But private copper coins are minted privately, and the quality of the copper coins circulating on the market varies, causing the price of copper to depreciate. I can understand this."
"But if we directly implement silver monetization and make silver coins the mainstream currency, what will happen to the copper coins in the hands of ordinary people?"
"With the depreciation of copper coins, wouldn't the money they worked so hard to earn become even more useless?"
“Aren’t the people getting poorer?”
Xiao Yi replied: "This is a good question. It shows that you listen carefully and think seriously, and you can also think about the problem from the perspective of the common people."
"The devaluation of copper coins has indeed had a great impact on the people."
"So, the monetization of silver cannot be done overnight, but should be done slowly, through the currency circulation in the market, and then slowly return the copper coins to the national treasury."
"Relatively speaking, today's silver coins have become hard and very shiny because of the modulation by craftsmen from the Ministry of Industry."
"Plus, silver doesn't rust easily, which is much better than copper coins."
"It is also because of the preparation of Daqian's top craftsmen that people in the private sector cannot make silver coins that are the same as the existing Daqian silver coins, so they can prevent their counterfeiting."
"This is why silver coins are becoming mainstream currency."
"After the copper coins are circulated and returned to the treasury, they will also be processed and modulated to make them less likely to rust and more difficult to imitate."
When Xiao Yi said this, his attitude became more serious and his voice became louder.
"Whether it's copper coins or silver coins, they all represent Daqian's national strength and reputation."
"Why does it represent Daqian's national strength? Because in other words, the total amount of Daqian's currency is the total productivity of Daqian, which is also the total number of valuable items created by Daqian."
"Why does it represent the credibility of Daqian? Because people will use it because they believe that gold coins, silver coins, and copper coins are all from Daqian Coin Mining Department and are officially issued by Daqian."
“Once this currency is shoddily manufactured, once bad currency appears and drives out good currency, once official currency appears, it becomes worthless currency.”
"Then the people will begin to doubt the rule of the Daqian court, which will affect all other aspects."
"As a result, it is easy to cause civil strife in Daqian."
"So, the Daqian Coin Mining Department must find ways to cast fine coins, and the Jinyiwei must hunt down the criminals who make counterfeit coins."
"Once found, behead him and show him to the public!"
Dai Guang, the Secretary of the Ministry of Revenue, and Lu Ming, the commander of the Jinyi Guards, quickly bowed and saluted and said, "Here."
There are some contents that are suitable to be published in Di Bao and told to the people all over the world, so that everyone can understand this truth.
There are some contents that naturally cannot be published in Di Bao.
After all, it is not a good thing for ordinary people to know too much, and it is rare for them to be confused.
If those individuals knew that it was so simple to cause chaos in Da Gan, then they would really be shooting themselves in the foot.
Of course, Xiao Yi is not afraid that some people will vigorously manufacture counterfeit coins.
Because first of all, he must have a lot of silver, and he can also make it in a style and color similar to the official silver coins.
If he can really make it, that's okay, it can alleviate some of the pressure on the Daqian Money Making Department.
Daqian can now circulate the latest versions of gold and silver coins, adding two more currencies to the previous Daqian Tongbao.
From the beginning, it was issued in the form of loans.
Of course, first of all, a clear provision must be made to set the conversion price of gold coins, silver coins and existing copper coins in the market.
One gold coin was equal to one hundred silver coins, and one silver coin was equal to one hundred copper coins.
This is the beginning.
After all, the quantity was small at that time.
Later, copper coins must be recycled to make more sophisticated copper coins, so as to prevent people from imitating and making fake Tongbao, making a fortune, affecting the rules of market transactions, and causing inflation.
When there are more silver coins, a number will definitely appear later. Now a silver coin is a silver coin, which represents one hundred copper coins.
In the future, a ten may be stamped on a silver coin.
But the special system of currency still cannot be changed easily, it cannot be changed overnight, and it cannot be issued too much.
During the Ming Dynasty, the large-scale use of banknotes finally caused the banknotes to lose their credibility.
It became a piece of waste paper directly.
How many people became paupers overnight because of this.
Therefore, the reform of the monetary system must be carried out slowly. The implementation of gold coins and silver coins is currently going smoothly.
It will not be very difficult to push silver coins to become the mainstream currency in the future.
It's just like spring breeze turning into rain, replacing silver coins with copper coins.
Xiao Yi still has the confidence to do well.
