Spoiler History: Starting from the Three Kingdoms

Chapter 94 Fiscal Policy
[At the beginning of the Battle of Yizhou, Liu Bei lacked confidence, so he made a promise:
If he gains the wealth of Yizhou and the treasury, Liu Bei will not take a cent.

Although the process of taking Yizhou was not as hard as imagined, this promise was finally fulfilled.

And after finally taking Yizhou, Liu Bei's treatment of Liu Zhang was to "return all his property and the seal of General Pei Zhenwei".

The treasury's wealth was exhausted and the soldiers were scattered, but Liu Jiyu didn't take a cent of it. As a result, the treasury was so poor that the rats would have to take two hundred with them. 】

Pang Tong's first reaction was to take a deep breath.

After winning the battle, not only did they not make money, but they also lost money. Not only that, but also to provide food and clothing for the lord's [-] troops.

And just a year later there is still a protracted battle of Hanzhong to be fought. In this case, there is no money?

The lord smiled awkwardly, Kong Ming's face was calm, but he was a little sad looking at the light curtain.

[In this case, Liu Ba appeared.

In his early years, Liu Biao had repeatedly confiscated Liu Ba from Lingling, Jingzhou, but Liu Ba had such a high spirit that he could not read the information, so he pretended not to see it.

After Liu Biao died of illness, Jingzhou quickly split up. Some people followed Liu Cong to welcome the king's teacher, while others chose to follow Liu Bei to fight against Cao.

Liu Ba didn't choose either, and went straight to Cao Cao to recommend himself. 】

"Liu Zichu has always been famous for his talent." Liu Bei looked at the light curtain with a face full of love for talent:

"I heard his name in Jingzhou. His grandfather was the prefect of Cangwu, and his father was the prefect of Jiangxia."

"Brother Jing Sheng sighed to me many times, it's a pity that I can't use it when I know my talent."

"Then my lord can relax." Pang Tong said:

"With the words of the light curtain, Liu Zichu finally fell into the trap of the lord."

[But maybe it's for testing, maybe Liu Ba's words are too full.

Cao Cao gave Liu Ba a mission to prove himself: to surrender the three counties of Changsha, Lingling and Guiyang.

Naturally, this task could not be completed, so Liu Ba was exiled in Jiaozhou, but later had conflicts with Shi Xie, and entered Yizhou to make a living under Liu Zhang.

Because he repeatedly advised Liu Zhang not to welcome Liu Bei, Liu Ba was disgusted by Liu Zhang again, so he simply closed his door and shut himself up.

When Liu Bei besieged Chengdu, there was an order: "Those who harm Ba will be punished by the three tribes." In the end, Liu Zhang surrendered and Liu Bei won Liu Ba. 】

"Liu Zichu's life in Yizhou is not satisfactory."

Jian Yong said with a smile: "When I was in Yizhou, I had a drink with him, and my words were so sad."

"I said that I wanted to be obedient to the people, but the thief Cao couldn't return, and the lord couldn't see his face."

"Shi Xie is rude, Liu Zhang is weak, so he has to waste time."

Looking at the light curtain again, Jian Yong shook his head and said with a smile:
"In the end, I still vote for the lord, which is a waste of time."

Everyone couldn't help sighing, and went back to the starting point after a long circle. If they had voted for the lord earlier, they would have made merit.

[Liu Bagang faced an empty treasury as soon as he took office. Faced with such a situation, Liu Ba issued a decree of directing hundreds of dollars.

"But you should cast a hundred coins, level all things, and make officials official."

Limited by cognition in ancient times, there were not many discussions about Liu Baqi.

But after modern times, there have been rounds of wars of words surrounding whether Zhibaiqian is a good government that transcends the times or an evil government that exploits the people. 】

Liu Bei suddenly thought that the younger generation might have offended when he said the words during the Yiling battle when he worshiped his temple.

Could it be that this is bad government?
Subconsciously, Liu Bei's gaze turned to Mi Zhu. If talking about wealth, Zi Zhong should be second to none among the people present.

Mi Zhu could only bite the bullet and said: "My lord, although Dong Zhuo casts pennies without papers, it's an act of competing with the people for profit."

"There is an official market for a hundred dollars, so it should be feasible..."

Liu Bei could hear the anxiety in Mi Zhu's words, so he could only smile in relief, and turned to the light curtain again.

[A kind of opinion is often simply to regard Han money as a kind of precious metal currency.

The starting point of this argument is mostly based on horseshoe gold as evidence, and it is believed that the currency of the Han Dynasty is the gold standard.

Think that as long as you are not pure copper, and falsely mark a hundred times the price, then you are competing with the people for profit and disrupting the economic market!
Accompanied by the classic interpretation of Gresham's Law: "Bad money drives out good money."

But seriously, the gold standard was established because the empire on which the sun never set 200 years ago monopolized the world's gold output.

The maintenance of the gold standard relied on the invincible fleet of the empire on which the sun never sets and the factories that were at the forefront of the world at that time.

Naturally, these were not available in ancient my country. Now academically, for the sake of easy understanding, it is generally referred to as the silver-copper sub-standard before the Ming Dynasty, and it was only at the end of the Ming Dynasty that it began to turn to the silver standard. 】

Mi Zhu looked at it very seriously, and even simulated some situations in his mind, and was even more amazed in his heart:

The words of the light curtain are very concise, you only need to compare it with what he saw in business to understand.

So when he saw Liu Bei's eyes, Mi Zhu said before asking:

"Bad coins are like a five baht coin that circulated in the market when the country was founded, and good coins are like five baht coins that were newly minted last year. The degree of wear and tear is different and the weight is different, but the things that the two coins can buy are the same."

Liu Bei understood: "In this way, the common people will naturally hide new money and use old money, then the market will use bad money."

"As for the theory of standard..." Mi Zhu couldn't figure it out: "I still need to study it."

"It's the empire that the sun never sets, hey, what a big tone!" Zhang Fei was not convinced every day.

Kong Ming was calm:

"The future generations after 800 years can no longer imagine its great power, and naturally the empire after 600 years cannot be imagined either."

"It relies on the Armada to run rampant, and future generations also talk about aircraft carriers. From this point of view, ships sailing in the sea are very important."

Then several people looked at each other in blank dismay: so what if you know?These things have to be considered after defeating Cao thief.

[Before the Ming Dynasty, there were only three standards of currency: grain, cloth, and copper. The Shu Han should have a Shu brocade, which is silk.

And Liu Ba's move is not a precedent in previous dynasties. Liu Bang had half a pair of elm pods, and Liu Che had Chiping five baht and three grades of platinum.

During Wang Mang's time, there were Daquan Fifty, Qidao Five Hundred, Jincuodao, etc. From the perspective of precious metal currency, these are all virtual currencies.

Using Gresham's law to judge the government of Shu belongs to beheading ancient officials with a modern sword, because it ignores its two premises:

One is that there must be sufficient currency circulation, and the other is that both bad money and good money are legal tender.

After the death of Sixiang of the Shu Han Dynasty, more inferior Zhibai coins were newly minted. These inferior coins squeezed Liu Beishi Zhibai coins out of the market, which is the best interpretation of Gresham's law.

The most important thing about Liu Ba's policy is the second half of the sentence: Shu Han's Zhibai coins have a matching official market.

In order to ensure the value, the official market will directly link the direct hundred coins with the official salt and iron.

Therefore, from the perspective of seeking truth from facts, Zhibaiqian at that time was neither good nor bad.

To evaluate from the effectiveness and results of the policy:
An economic policy did not cause the people to live in distress and complain, but under the protection of the prime minister, Ertian was opened up, the warehouses were solid, the equipment was profitable, and the savings were spared.

This was the most suitable economic policy tailor-made by Liu Ba, the economic genius at the time, for the copper-deficient Shu Han. 】

Liu Bei heaved a sigh of relief. He couldn't understand a lot, but he could understand the evaluation of the light curtain at the end:

As long as it's not evil, it's fine!

Then he praised: "The talent at the beginning of the child has penetrated the present and the past! Later generations will still praise it, it is really a great talent!"

Kong Ming's feather fan swayed gently, and Liu Ba's talent was recommended to Liu Bei by him. Although he can't use it for the time being, he is still very happy to be praised by the light curtain for his talent.

Mi Zhu just stared blankly, then got up and stood behind Ma Liang, staring at the transcribed words.

I watched it over and over again, and finally even read it aloud, sometimes laughing and shaking my head, and finally sighed:

"It turns out that this is money!"

[Zhibai coins guaranteed by the official market of the Shu Han Dynasty circulated among the three countries, and a small currency war broke out. 】

　I'm very sorry everyone, the editor only confirmed today that the release time is next Friday.

　　The good news is that I can save a few more manuscripts with this snail's hand speed. The bad news is that I have to ask everyone to support me for a few more days.

　　Today's content is a bit dry but relatively necessary, after all, the economy is also the lifeblood.The next update will get straight to the point.

　　
　
(End of this chapter)