"So, Your Highness, did you have this idea two years ago?" Fang Xuanling was a little confused. His Highness two years ago seemed to be nothing. At that time, there was a shopping mall. When it was first launched, His Highness the King of Qin was still the King of Shu, and at that time he didn't even have the Tang Dynasty Weekly.
Has His Highness the King of Qin even thought of the bank? Such an unprecedented form of currency?
Not only Fang Xuanling, but also others were a little shocked, because this foresight was too far-sighted, and had His Highness already thought of today's situation at that time?
"That's not true. I only thought of it after the exchange coupons were launched at that time." Li Ke waved his hand casually.
Fang Xuanling and the others were a little speechless. You can see whether we believe it or not.
When Li Ke didn't say it before, they didn't think anything of it, but now that Li Ke has said it, everyone is still a little hard to accept it. After all, changing concepts is not that easy. The problem is that they find it unbelievable, but in fact His Highness King Qin has already Just two years of testing proved that this thing is completely feasible.
"Although this is unbelievable, since His Highness has verified the possibility, it can be implemented. Are there some shortcomings of paper currency? Your Highness should have thought of it?" Huangfulin asked after hesitation.
"The biggest advantage is that for the development of commercial activities in the Tang Dynasty, it is too inconvenient for merchants to purchase supplies now. Tens of thousands of copper coins have to be loaded on horse-drawn carriages, let alone hundreds of thousands or hundreds of thousands of copper coins."
"With the adoption of paper currency, it means that one person can carry a sufficient amount of currency for trade between merchants. As for the counterfeiting of banknotes, there is no need to worry about it. Currently, no one can make currency paper, not to mention that we have Multiple anti-counterfeiting marks." Li Ke said calmly.
"This... is indeed true, but what if people outside don't believe it?" Wei Zheng hesitated and asked.
"The role of the Central Bank of the Tang Dynasty is to exchange currency for all people. All banknotes can be exchanged into silver coins at the bank at any time. The Tang Dynasty will adopt a silver standard system. The so-called silver standard means that banknotes are linked to silver. The national credibility of the Tang Dynasty court serves as a guarantee.”
"The official exchange ratio is that one copper coin is equal to one tael of silver, and public weights are placed inside every bank. One tael of silver is equal to fifty grams, one pound is equal to five hundred grams, one kilogram is one kilogram, and one thousand A kilogram is a ton, and the original weight of a pound in the Tang Dynasty was 596 grams." Li Ke also took out the new weight unit directly.
Things linked to money are the easiest to expand and enforce standards.
"In the future, all official material conversions must use new units of weights and measures. Currently, the ten roads of the Tang Dynasty total close to more than a thousand counties. I have arranged for people to prepare relevant weights in each county. Don't worry, including new units of length, This is true for volume units, and these units can be converted to each other." Li Ke said.
"The other thing is that everything in the world has density. Knowing their density, you can calculate the weight from their volume or the volume from the weight. These are the basic subjects in the new school." Li Ke explained. "Because of the density of these objects, our new weights and measures must be introduced."
"Guaranteed by the credibility of the country, all court agencies must use new weights and measures and new currencies for settlement and use. Then it doesn't matter to the outside world whether they use it or not, it's up to them to use it or not." Li Ke shook his head and said.
"Your Highness, according to your new standards, wouldn't the new copper coins be worth more than silver? Then will many people come to exchange silver with you?" Huangfulin asked.
"Let them exchange it, I will exchange as much as they have." Li Ke said lightly, wanting to exchange all the silver in his hand?
Li Ke really wants to know how many people in the world can have this strength. The domestic gold mine reserves are indeed average, but the silver reserves are not low. It's just that no one has discovered many large silver mines.
When Li Ke said this, everyone knew that Li Ke had this confidence, and there was no need to worry about the risk of being squeezed out.
"Besides, you don't have to worry about this kind of thing. In the past, there were so many people in a shopping mall who believed in the exchange coupons even based on my own credit. Now Datang Central Bank guarantees it with the credibility of the country. It cannot be trusted by the Tang Dynasty. The reputation is not as good as my personal reputation." Li Ke comforted everyone again.
Everyone's expressions were a little weird, this matter... it's really hard to say.
"Your Majesty, I feel that this matter is very important. Money is the foundation of a country. The biggest problem of the Tang Dynasty was not enough money, so the Tang treasury had to collect other cloth, silk, silk and hemp, grain, etc. Taxation, and now that paper money has been introduced, the issue of copper coins will not be a problem, and the national treasury will definitely only collect money."
"There is no doubt about the importance of the Central Bank. I feel that the helmsman of the Central Bank should be His Majesty King Qin. The importance of the Central Bank is equal to that of the other fourteen departments." Fang Xuanling turned directly to Li Shimin and said.
"I won't do it." Li Ke said directly without saying anything.
"Your Highness, please tell me that you have worked hard to promote banknotes, and the people in the world trust you much more than they trust the Tang Dynasty. Of course, it's not that they don't believe in Your Majesty, but that they don't believe it. If the imperial court announces that I am from a wealthy family like this, they may think that it is a bank launched by us, which would conflict with your plan, Your Highness."
"So, Your Highness, if you serve as the Shangshu of the Central Bank, then everyone will naturally trust you, and you don't have to do any work! You will serve as a nominal Shangshu, and the other deputies of the bank will handle the specific matters!" Mrs. Fang Xuanling Understanding Li Ke, he directly stopped Li Ke and suggested.
"Well, it's okay if you don't have to work." Li Ke thought for a while, and Fang Xuanling's words made sense.
"Okay, it's settled then." Li Shimin next to him said directly.
No, it's decided now. Li Ke was dumbfounded. I haven't finished speaking yet. You've decided it now. It's just that he promised it himself, and he can't directly go back on it now.
"Furthermore, Your Highness, according to your current statement, your bank is not ready to be open to the people for the time being?" Liu Zhenghui asked after thinking for a while.
"Why is it not open to the common people? The lowest limit of this banknote is 10 Guanqian. In about a year or two, a limit of 1 Guanqian will be introduced. Can't the common people have 10 Guanqian?" Li Ke glanced at him.
"Of course it's possible, but after all, people didn't use it much in the early stage." Liu Zhenghui said, "Then there's no problem with promotion."
"Well, of course there is no problem. For now, all the major cities in the world will set up a central bank exchange point. After the other party exchanges the relevant money tickets in Chang'an, they can go to Guangzhou on Lingnan Road and exchange the cash through the bank. As The cost of promoting the bank in the early stage is that there is no handling fee for off-site exchange for the time being. After three years, a 1% handling fee will be charged for off-site exchange." Li Ke said.
