Father can be an enemy country

Chapter 375

In the Qianqing Palace, there are only three people, father and son.The palace people have long been repelled by the prince.

"Father, think twice, what the common people said is reasonable, and the ink fee for paying the labor has not only deceived the common people, but also damaged the credibility of the banknote!" The prince also agreed with his opinion.

"Then give them new banknotes for free all the time?" Boss Zhu's small peasant consciousness broke out, and his heart ached.

"What is exchanging new banknotes for nothing?!" Zhu Zhen couldn't help but taunted on the spot. "Why don't you say that, take a piece of paper first, and exchange it for something worth a thousand dollars for ordinary people?!"

"This..." Boss Zhu blushed when he was asked, but he was going to be strong all his life, how could he let his son teach him a lesson?Immediately said loudly: "The court will die sooner or later!"

"What a shame! First, with the mass printing of treasure banknotes, the cost will be greatly reduced, and one penny is too much. Still charge ordinary people thirty pennies? Unscrupulous merchants are not so black! Second, The imperial court can issue tens of millions of new treasure banknotes every year. Compared with the income, the cost of printing money is only a drop in the bucket! According to the principle of who benefits, who is responsible, the imperial court should fully bear it.

"Thirdly, the imperial court continues to put precious banknotes into the people to make the economy circulate. Only then can the country be strong and the people rich. This requires maintaining the precious banknotes from depreciation, and it is worth the money!" After a pause, the sixth child then mocked : "If you don't know how to run the country economically, old man!"

"..." No matter what happened to Lao Zhu, the prince blushed first, feeling that he was really ignorant.

"I called you crazy kid, I called you crazy kid!" However, the old thief became furious and couldn't find the thorns, so he took off the sole of his shoe to smoke.

"Am I wrong?! Why can the imperial court use paper as money? That's the people's trust in Daming! It's in exchange for the emperor's father expelling the Tartars and restoring China! The people trust you, Emperor Hongwu, and won't cheat them , will accept the treasure note!"

The sixth child jumped up and ran, yelling loudly as he ran: "Father exchanged a piece of paper for a thousand cash for the common people, thinking that he has made a profit and that he has not paid anything?

"No, it's a big mistake! You paid for your own reputation and overdrawn the country's credit, you idiot!"

"Who are you calling an idiot?" Boss Zhu was already in deep thought, but when he heard this, he became furious again!

With one bare foot and one shoe, he followed behind.

"You stop for Laozi!"

After all, the sixth child had an injury on his butt, he limped and couldn't run fast, and would eat the sole of his shoe suddenly.

"Lao Liu, talk to your father well, don't ask for trouble." The prince quickly persuaded Lao Liu: "Idiot, run around the pillar!"

Hong Wu chased the King of Chu, and the King of Chu ran around the pillar, saying incessantly while running:
"How did the Yuan Dynasty end its game? It just ruined its own banknotes. The precious banknotes issued were worthless, and no one took them or used them. In the end, they died of poverty!

"If the father doesn't learn the lessons of the Yuan Dynasty, once the Ming Dynasty's banknote law is corrupted, the country will be over! You don't want to wait for your grandchildren to run out of banknotes, do you?"

~~
The Yin Jian of the Yuan Dynasty is not far away, so Boss Zhu is still very vigilant about the depreciation of treasure notes.It's not like Lao Liu thought that he would completely let the depreciation of the banknotes.Instead, it has been actively maintaining its value.

For example, in March of the 17th year of Hongwu, less than ten years after the issuance of Daming Banknotes, Zhu Yuanzhang ordered to stop issuing them.The superficial reason is that "the national use is sufficient, and the craftsman's strength is to be relieved", which means that the treasure banknotes are enough, and the coinage craftsmen can rest.

In fact, it is to deal with the continuous depreciation of banknotes and to stabilize the confidence of business people in banknotes.

So at the end of Hongwu's 18th year, the consistent banknotes can still be exchanged for [-] Wen...

In the 23rd year of Hongwu, the treasure banknotes were always exchanged for 250 copper coins.

In order to curb the depreciation of precious banknotes, in August 27th year of Hongwu, Zhu Yuanzhang even issued an edict to prohibit the use of copper coins in transactions.

But after his death, first the good saint Sun Jingnan, then the overjoyed old fourth cultivator built this one, built that one, went out of Mobei six times, and went to the West seven times...all of these cost a lot of money!What should I do if I have no money?I issued banknotes crazily, but the precious banknotes were dried up in one go.

Worthless, totally hopeless...

~~
So after Boss Zhu beat Lao Liu violently, he still didn't feel ashamed to ask, "Then tell me, what should I do?"

"Actually, if you want to keep the value of banknotes stable, you need to do three things well. One is that you can exchange old banknotes for new ones for free. In this way, there will be no price difference between old and new banknotes, and people will not reject old banknotes, so they can save precious banknotes with confidence. "

The sixth son began to talk eloquently, if he hadn't been beaten so badly, he would have looked like a virtuous king.

"The second is that you can't just put in money and don't return it, or put in more money and return less money. You must never show a preference for copper coins, and you must treat treasure banknotes and copper coins equally. Only when the court firmly believes that banknotes are money, people will not value money and despise banknotes! "

"Hmm..." Boss Zhu and the prince nodded together, listening very seriously.

"The third is to strictly control the amount of banknotes released." Zhu Zhen said in a deep voice: "Especially in the early stage of establishing credit, for example, each year should not exceed [-]% of the previous year. The most important thing is to stipulate that If you come down, you have to abide by it. This is definitely not as convenient as printing money casually, but once it is issued indiscriminately, it will inevitably repeat the mistakes of the end of the Yuan Dynasty. So this is a matter that will test the emperor's self-control."

"Hmph, this is no problem..." Zhu Yuanzhang smiled complacently. In terms of self-control, he can be called the best emperor in history.

"As long as you always remember that you are not taking paper, but taking your own credit in exchange for the wealth in the hands of ordinary people, you will not spend it uncontrollably." The prince also said that he is fine.

"Hmm. Father and elder brother must be able to restrain themselves." Zhu Zhen nodded and sighed: "But to be honest, everything that is supported by credit will go bankrupt sooner or later. Future generations will definitely have trouble uncovering it. When the fire is imminent, there will definitely be people who can't help spamming."

"Well." Zhu Yuanzhang said in a deep voice, "We can establish a law of our ancestors, who would dare to violate it?"

"Hehe..." Lao Liu chuckled and said, "It will definitely be much better this way."

He wanted to say that the law of the ancestors was nothing.In fact, your steps are too big.But he really didn't dare to be beaten anymore, so he said tactfully:

"When Yunnan is taken back in the future, there will be Yunnan copper. The court should gradually allow the people to exchange freely. Then release the ban on gold and silver. Gold and silver are naturally currency. We don't let the people use them. Isn't it cheating? Who are we cheating? You can’t cheat the common people either. That’s how old Zhu’s family will last forever, right?”

The sixth son, the sixth son, used speech skills in the last paragraph.He knew that the old thief would not be willing to let the people exchange the precious banknotes for copper coins.So he finally stopped the old thief with what the old thief often taught them.Let the old thief feel embarrassed to directly veto his proposal.We can only talk about it later...

ps. On the weekend, the doll is not worried, and only now has a chapter...

(End of this chapter)