Chapter 79 It's better to tell us that someone is going to die.
Looking at the Daming banknote lying quietly in the box, a black line appeared on Chu Ze's forehead.

It was actually given this stuff.
And Zhu Biao, who originally thought Chu Ze would accept the money with a smile, not to mention happy, would at least accept it.

Seeing Chu Ze's bitter melon-like expression at this time, he thought that Chu Ze came here because he was not satisfied with the amount of money he had prepared.

"Chu Ze! Don't think it's too little. Recently, in fact, the national treasury is not very abundant, and the clan's affairs have not been resolved yet."

"There are still matters such as courtiers' salaries and plague prevention that need to be dealt with in the future. The 3000 taels are just temporary pocket money for you."

"If you run out of money in the future, you can tell me at any time, and I will prepare it for you."

When he heard Zhu Biao's words, Chu Ze closed the box in his hand casually.

"Mark!"

"Ah? What's wrong?"

"You are a prince, I am not even a courtier now, you are so enthusiastic, I don't know what to say."

"Aren't we friends?"

Zhu Biao's answer can be said to make Chu Ze really feel a little dizzy.

Aren't we friends?
As soon as he heard Zhu Biao's words, Chu Ze always felt that he was PUAing himself.

But after looking at Zhu Biao's extremely serious expression, and then looking at Zhu Di's nonchalant expression beside him.

Chu Ze just sighed slightly.

Then he handed the box in his hand to Zhu Biao again.

"Okay, just say what you say! I hope you're not PUAing me."

"What are you approving?"

Zhu Biao's eyes were full of doubts about Chu Ze's sudden incomprehensible vocabulary.

For a while, I didn't understand what Chu Ze was doing.

On the other hand, Zhu Di looked at Chu Ze's weird expression, and then looked at the box on the table.

He seemed to have thought of something for a moment.

Then he suddenly asked a little strangely.

"Chu Ze. You don't mean to say that there is something wrong with these treasures, do you?"

"Huh? What's the problem with these treasures? There won't be a real problem!"

When Zhu Biao heard his younger brother's question, he subconsciously retorted.

But he didn't finish his rebuttal, and then he noticed the change in Chu Ze's expression.

At this time, he also gradually realized that things were not simple.

"You two, these precious banknotes, as well as the real gold and silver we are talking about, including copper coins, I don't know what you call them in general, but in our later generations, there is a collective name called: currency!"

"The currency is roughly divided into several types. Roughly, it can be regarded as three modes of expression."

"The first type: barter. Its own definition: an item that has value in itself and can be exchanged for other goods of approximately equal value."

"The second type: commodity currency. Its definition is that it has its own value, and its value is constant, and it is not easy to depreciate. It is similar to items such as gold and silver."

"As for the third type: it is legal tender. It defines itself as a kind of contract that is almost worthless, but recognized by the holder!"

"The main manifestation is the banknotes in front of us."

"In the Yuan Dynasty, a large number of banknotes were circulated, and even reached the scale of only banknotes in circulation on the market!"

"There is nothing wrong with continuing this model in the Ming Dynasty, but your understanding of banknotes should be that as long as they are printed, they are money, right?"

After hearing Chu Ze slowly talk about the currency, Zhu Biao and Zhu Di beside him couldn't help cheering up.

Although they still didn't understand why Chu Ze suddenly told them these things so seriously.

But with Chu Ze's words, they could also vaguely feel that there was probably something serious wrong with the Daming treasure in front of them.

Otherwise, Chu Ze wouldn't have talked to them about these things so seriously.

"Aren't the banknotes printed and issued by the imperial court? Isn't...isn't that the case?"

Facing Chu Ze's inquiry, Zhu Biao expressed his opinion in a daze.

Since the founding of the Ming Dynasty, it has basically been like this.

The treasure banknotes were printed and then used directly as money.

Not to mention Zhu Biao and the others, even Zhu Yuanzhang thinks so.

Even the great ministers in the court didn't feel that there was anything wrong with this matter.

After all, what the Yuan Dynasty printed was money, so shouldn't they be printing money?

"Sure enough. I knew it was like this."

After hearing Zhu Biao's natural answer, Chu Ze laughed speechlessly.

"Didn't I say that just now? There are roughly three types of currency systems. Paper money belongs to the third type of legal tender."

"Paper money itself has no value. The reason why it can be used for currency transactions is entirely because both holders recognize its value. This is a contract."

"So, in fact, banknotes themselves are not equal to commodities!"

"It is a contract, a clause, placed on the general currency."

"The most important thing in determining the value of banknotes is that both holders agree on the value of banknotes."

"As for the precious banknotes printed by your court, you have recognized their value. But have the common people recognized them?"

"You type 10 taels on the paper, and the paper is worth 10 taels? If the currency is so simple, will the court still be short of money? Wouldn't it be enough to keep printing money?"

"The circulation of banknotes needs to be linked to hard currency. For example, a banknote of one tael of silver must be exchangeable for one tael of silver. This is called currency reputation!"

"If I take these 3000 taels of banknotes and exchange them for 3000 taels of silver, can I exchange them?"

After hearing Chu Ze's question, Zhu Biao shook his head in embarrassment.

Daming's precious banknotes are not allowed to be exchanged for real gold and silver.

And after being said by Chu Ze, Zhu Biao now understood what Chu Ze wanted to express.

"You mean to say that the Daming Banknotes issued by our Ming... are actually a pile of waste paper."

"Almost, although it is not possible now, the paper money system of Ming Dynasty will basically collapse completely in the future."

"Not only the collapse of banknotes, but also an important reason for official corruption."

"Your father thought that printing on paper was money, so he started printing when it was time to spend money. Many of the officials' subsequent salaries were issued with this banknote."

"By the way, this was also done during the Yongle period. Paper money was used instead of hard currency. Although the officials behind it heard that they had such a salary, no one wanted those paper money on the market at all."

"I think the paper is too hard to wipe my butt."

"Some gentry, lords, etc., use these banknotes to buy things in the market, annex land, and use the smallest payment to plunder property from the people."

"It can be said that the discovery of these Ming Dynasty banknotes not only deceived the courtiers, but also deceived the common people, and even deceived the court itself. Anyway, in the end, it is to take advantage of those villains."

"So, Your Highness should hurry to find your father and tell him to stop printing money. The consequences of inflation will eventually be imposed on the people."

"Currency is a thing of learning. Your father is not very educated, so it will be better for everyone if you don't mess around a bit."

Although Chu Ze's words were not pleasant to listen to, Zhu Biao listened to them completely at this time.

It's just that he listened and listened, but he didn't immediately go to explain this issue to his father.

Because in Zhu Biao's view, the most important thing at this time is to know from Chu Ze's mouth that it is reasonable and appropriate to know how the banknotes of the Ming Dynasty are going to work.

After all, Daming Banknotes have been issued for many years now.

When these precious banknotes are sent out, they are all real gold and silver!
All of a sudden it's gone.

How many people in the world lost their families because of this?

This is definitely not child's play.

"Chu Ze, wait a moment! I'll tidy up first, my head is a little messed up now!"

Although Zhu Biao really wanted to ask something, his mind was like a lump of paste.

For a while, I didn't know where to start.

And looking at Zhu Biao with a sad face, although Zhu Di on the side wanted to help find a way together.

But in this regard, he is not much better than his father.

If you ask Zhu Di to lead troops to fight, he may still be able to make money, but if you ask him to make money and play with culture, this is somewhat difficult.

"Do you want to say, is there any way to salvage the Daming Treasure Banknote?"

"Yes, yes, this is it. Is there any other way to remedy it? Now that the Daming banknotes have entered the hands of thousands of households, if they are suddenly discarded at this time, the consequences are unimaginable."

"How do you deal with these problems in future generations?"

Facing Zhu Biao's question, Chu Ze coughed solemnly, and under Zhu Biao's expectant eyes, he shrugged helplessly.

"Sorry, I don't know how to deal with this problem for the time being. I know the conservative way is to maintain the value and reputation of the currency!"

"One of the basic requirements for banknote circulation is to prevent counterfeiting. This alone is enough for you."

"The circulation of counterfeit currency is a huge disaster, both for the currency itself and for the imperial court."

"The market is constant, and it is impossible to create more goods out of thin air. If the output value of the currency exceeds the goods, then the currency will depreciate."

"So preventing counterfeiting is the number one problem with currency."

"The second is credibility. You have issued so many banknotes. If you cancel them hastily, the holders of the banknotes will be torn apart. Yesterday it was money, but today it becomes waste paper. It may cause riots."

"Third, if these banknotes are to be abolished, they must be recycled. The equivalent banknotes will be exchanged for new currency for the holders. As for the banknotes found in the Ming Dynasty, once the recycling starts, the treasury will be emptied in an instant. And there may be counterfeit currency taking the opportunity to siphon money.”

"So, I don't know how to clean up this mess. Why don't you ask your father for advice."

If it was something else, Chu Ze might help analyze the solution.

But it is the Daming treasure banknotes of the Ming Dynasty.

He really didn't want to get involved in this matter.

Not to mention thankless work, this problem is not easy to solve at all.

It's not like he's overeating and feeling overwhelmed.

"Aren't you trying to shirk?"

Zhu Di on the side heard that Chu Ze asked his elder brother to ask his father for advice.

He immediately understood the meaning behind Chu Ze's words.

However, facing Zhu Di's accusation, Chu Ze forced him to laugh angrily.

"What am I shirking? Responsibility or responsibility? This is not my problem at all, okay?"

Zhu Di, who was about to say something, was immediately speechless after hearing Chu Ze's words.

Because what Chu Ze said was right.

The matter of banknotes has nothing to do with him at all.

This was originally a moth made by his father.

Now that this mess has been laid out, how to deal with it has nothing to do with Chu Zezhen.

"That. I'd better go and explain this to my father first. At least it's true to suspend the printing of Daming Treasure Banknotes. The more they are printed now, the more difficult it will be to clean up in the future."

Looking at Chu Ze's helpless expression, Zhu Biao knew that Chu Ze could not be counted on in this matter.

At the same time, he also once again realized the gap between himself and others and Chu Ze, a later generation.

At least in terms of thought and knowledge, there is an insurmountable gap between them!
"Chu Ze, the money I prepared for you... I'm afraid I have to put it on hold for the time being. Now that these treasures have been printed and haven't been released, they must all be destroyed."

"That... Xiongying will trouble you to take care of it for the time being. Fourth brother, you can go with me to meet Emperor Father, this matter is a big trouble!"

"Okay, but what about the old twelve? How about sending him back first?"

"No need, Old Twelve will bother Chu Ze to watch for a while, it's important to get down to business now!"

"Row"

Chu Ze looked at Zhu Biao and Zhu Di who suddenly picked up the brocade box on the table and left immediately.

Before he could react for a while, these two guys ran away without a trace.

And beside him, there were only two young boys who were blinking and staring at him.

"It seems that I haven't agreed to help babysit."

Seeing that the two adults had left, Zhu Xiongying and Zhu Bo, the uncle and nephew, looked at Chu Ze in a tacit understanding.

"Teacher, are we going to start studying?"

"Teacher, can you teach me too? I want to learn from you too!"

"."

in the palace.

Although I chatted with Chu Ze very late last night, Lao Zhu got up from the bed as usual early this morning.

He seemed to have endless energy.

Even if he didn't have a good rest yesterday, it didn't affect his handling of government affairs in the slightest.

It's just that today's government affairs gave Lao Zhu a little headache.

"Those who want money, those who want money, and those who want money, why do these guys know to ask for money?"

"There's also this corrupt one, damn it, they're all corrupted already, so what's the point? Just kill them!"

"If you don't change after repeated teachings, we still don't believe it. We can't kill you corrupt officials!"

"This is also killed!"

At this time, Zhu Yuanzhang was like a crazy question-making machine.

Picking up a memorial, after looking at it, he swiped the pen, then threw it aside, and then flipped through the next memorial.

However, what faced the clear water was either corruption or a memorial of lack of money.

He also felt a pain in his head.

Feeling depressed, he simply threw the pen in his hand on the ground.

I plan to go out for a walk, let's relax.

As a result, just as he stood up, two hurried figures rushed in from outside the hall.

"Father, it's not good. There's a big problem!"

When he saw Zhu Biao and Zhu Di rushing in from outside the hall, Lao Zhu just squeezed out a smile and kept a good state in front of his sons.

But what he didn't expect was that before he even laughed, Zhu Biao gave him a blow in the head.

"What's going on? The sky hasn't fallen yet! Why are you in such a panic? After all, you are also princes and kings of Yan, so pay attention to your image."

"Father, there is no time to pay attention to your image now. Erchen just chatted with Chu Ze for a while, but found another big problem. My fourth brother and I have nothing to do, so I came here to talk to you, Father. Report it."

"It's Chu Ze again? What's wrong with him? Are you annoying? Can't this guy bring us some good news all day long?"

When Zhu Yuanzhang heard Zhu Biao mention that this incident was because of Chu Ze.

He was almost out of breath.

Ever since this guy appeared, Zhu Yuanzhang really hasn't lived a day in peace!

it's killing me
"What did he say again? Tell us quickly, who is going to die this time?"

Although he was angry in his heart, Lao Zhu looked at the usually calm Prince Zhu Biao, and his face was full of panic at this time, and he knew that it must not be a trivial matter.

He also knew that Chu Ze couldn't be blamed for some things.

It is a good thing that Chu Ze can tell the bad things that should happen in advance.

It's just that this guy spoke too diligently.

But at this moment, even if his stomach was full of anger, Lao Zhu had to listen to what happened, or what was going to happen again.

"Ah? Father, you misunderstood, it's not that someone is going to die this time"

Zhu Biao originally wanted to explain his intentions.

As a result, after hearing his father's words suddenly, he was stunned for a moment.

After he came to his senses, he hurriedly recounted what he had heard from Chu Ze.

And Zhu Di also added on the side.

Under the narration of the two brothers, Lao Zhu's complexion became more and more ugly at this time.

Just now, he was thinking of going to the banknote making department and asking them to print some more banknotes of the Ming Dynasty to solve the problem of lack of money in various places.

As a result, no one else had left the hall before they heard such a sad news...
The more precious banknotes of the Ming Dynasty are printed now, the greater the harm will be in the future.

What else would he do?

When he was most short of money, he also told him that his biggest source of income, Lao Zhu, was cut off.

What is worse?
What does it mean to draw salary from the bottom of the pot?
This is probably it..
"Father..Father, are you okay? Chu Ze clearly said about this matter. There are too many banknotes issued by the Ming Dynasty, and he has no good way to solve it."

"Father, what should we do now?"

Hearing Zhu Biao's inquiry, Zhu Yuanzhang, who already felt his brain was buzzing, mumbled something to himself.

"Damn it, it's better to tell us who is going to die again. In this case, it can't be solved, so just let him die!"

"Ah? Father, what did you just say? My son didn't hear clearly."

"No we didn't say anything..."

 Three chapters will be delivered tonight, and the remaining authors are working hard, please support!

  
 
(End of this chapter)

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