A certain person is the Heavenly Killer Li Gui.

Chapter 208: Holding the New Dynasty’s Money Bag

Chapter 208: Holding the New Dynasty’s Money Bag
  Now Liangshan has occupied Weizhou, Mizhou, Dengzhou, Laizhou, and Haizhou, and the entire Jingdong Road has been owned by Liangshan.

However, Zhan Guizhan did not completely turn these prefectures and counties into their own. Everything had to wait until the gentry was slowly liquidated and the land was divided before we could truly say that these were Liangshan's territories.

And because what Liangshan did before has spread throughout the world, the current gentry and powerful have already joined forces and decided to fight to the end.

There are rogues everywhere in various states, determined not to allow Liangshan Army to smoothly take over the local power.

Apart from the name, the only real benefit is actually gaining access to the sea.

And with an outlet to the sea, many things are really convenient.

The ships in Mengkang have not yet been built, but there is a shipping company from the Song Dynasty in Mizhou.

This city's shipping department was equivalent to the customs in later generations. Its main job was to manage maritime trade, purchase goods at low prices (called bomai), and collect taxes.

In this year's monthly tax collection, gold and silver were not collected, but were collected in kind. Different proportions of physical taxes were collected according to different goods, and these collected physical taxes also needed to be sent to Kyoto, which was called extraction.

In this era of inconvenient transportation, the cost of transporting materials is often higher than the value of the materials themselves, so this city shipping company often only ships to Kyoto once a year, and it has to mainly use water transportation and try to use land transportation as little as possible, otherwise these The tax is not enough for travel expenses.

But this year, the trouble of transportation was saved, and Liangshan came directly to receive it.

Not only the supplies were received, but the entire Shipping Department and the people inside were also received.

Just change a few more officials in charge, promote a few lower-level clerks, and spread a lot of money, and the shipping company will be completely owned by Liangshan.

In addition to the harvest of the Shipping Department, there are a large number of sea-going ships entering and leaving Mizhou every day, and there are also many shipyards building large ships there.

Li Gui has not yet touched those private shipyards, but those government-run shipyards, including shipyards, shipyards, and craftsmen have all changed their surname to Li.

Because of this, Li Gui firmly adhered to the development principle of "it is better to build than to rob".

Under the influence of this guideline, while suppressing bandits, Liangshan also accelerated the offensive against powerful manors in various places, attacking steadily and advancing step by step.

In the repeated tug-of-war, the Liangshan Army also achieved remarkable results. The food obtained from the fight against the local tyrants was enough to feed the common people for a year or two.

Of course, Li Gui will not distribute the fruits of his hard work, but in view of this, the people under Li Gui's rule no longer have to pay agricultural taxes.

As for the stolen gold and silver, they were completely used for the development of the territory.

Anyway, the Liangshan government is rich, and Li Gui’s subordinates do not impose forced labor. If there is work that needs people, they directly hire them with money. If they do not do well, they will deduct wages. Who dares to fool around?
  Li Gui only knew how to engage in industry, but he didn't know how to engage in industry. He simply spent money to encourage businessmen from all over the country to build workshops of any type.

What to do if you run out of money?
  Don't be afraid, brothers Zhang Heng and Zhang Shun have already taken people to sea separately.

Zhang Heng went to Japan to look for sulfur mines and silver mountains, and Zhang Shun went to Vietnam and other places to purchase grain.

Li Gui specifically told the two of them that all merchants on the sea are pirates, so they must be careful and never trust anyone. If necessary, they can strike first and play a temporary role as a pirate.

If we encounter overseas crops such as potatoes, sweet potatoes, corn, peanuts, rubber tree species, etc., regardless of whether they are useful or not, we will bring them back together, which will be of great use to the future development of Liangshan.

Jin Dajian and Xiao Rang are already thinking about how to print Jiaozi and prevent counterfeiting. They just wait for Zhang Heng's money to be in place before they can fully roll out banknotes under the rule.

So once the seigniorage tax is lifted, are you still worried about the lack of money?
  Why did Cai Jing get to the position?

Isn't it just that the court has no money, and Song Huizong wants to "prosper Henan University", what should we do?
  Fan Zhongyan's reform was to eliminate redundant personnel, but it failed.

Wang Anshi's reform was to increase fiscal revenue, but it also failed.

So what is Cai Jing going to do?

The answer is to harvest leeks!
  Send promiscuous sex first, no reserve required.

When Jiaozi depreciates significantly, Jiaozi will be declared invalid, a new currency "Qianyin" will be issued, and harvesting will continue.

Then the "salt banknotes" were allowed to be used as currency to buy tea and other government supplies. Then the court could profit from it as long as the price of salt was increased.

So all walks of life across the country were cut off, and only the imperial court had money. With this skill, Cai Jing successfully stabilized his position and made several comebacks.

Because only he could help Song Huizong make a lot of money.

But the consequences were also very serious. The folk economy of the Northern Song Dynasty was completely beaten to death, and the originally prosperous business turned into a stagnant water.

Li Gui will not hand over the responsibility of printing banknotes to the government, but will directly incorporate it into the name of the future divine sect.

With gods watching over you, who dares to print money randomly?

Although the speed of economic development will definitely be affected if the government's money bag is pinched, the speed of cutting leeks by the government will also decrease accordingly, and the inflation rate will not be that fast. The advantages and disadvantages are obvious. How to choose depends entirely on Li. Ghost in a moment of thought.

No one in the Liangshan Army now knows what this means. At most, they think it is brother Li Gui's money bag, and they let Li Gui take away the coinage power.

In the future, it is said that this minting power cannot be used around, and people will be killed before they are willing to give up.

As for the court setting up new banknotes, Li Gui doesn't care. If the court abides by the rules, anyone's money can be used. But if the court doesn't follow the rules and the people are not fools, they will naturally choose the papal banknotes.

Businessmen are the most unscrupulous creatures. They will go wherever there is money to be made.

Although Liangshan was a rebel and very unfriendly to the gentry and landlords, it was very polite to foreign traders.

There are few taxes, and there are no various exorbitant taxes and tolls. Although it still needs to be managed up and down, compared with other places, the hidden costs are much lower.

The only bad thing is that after making money, you can't buy land here. You can only transport the money back to your hometown. However, there are frequent wars now. If the money is transported on the road, it may be cheaper for some mountain king.

The areas of turmoil now extend far beyond Jingdong Road and Hebei.

There were also rebellions in various surrounding areas, but they were too hasty and the local armed forces were not weakened. The rise and fall did not cause too much trouble.

But this is already a very bad sign.

The weakness of the Song Dynasty has been clearly exposed by successive defeats. Those who are ambitious, even if they have not yet rebelled, are on the way to prepare for rebellion.

And with the current military and economic situation of the Song Dynasty, I am afraid that it will not be able to support several more large-scale rebellions.

 The following content does not count as a word count:
    Jiaozi was originally invented by private banks in Sichuan. Because Sichuan was short of copper and copper coins were not enough, smart businessmen used their own credit as a guarantee to issue banknotes, which could be exchanged for copper coins at any time.

  During the reign of Emperor Zhenzong of the Song Dynasty, the government issued Jiaozi licenses to 16 banks with strong financial resources. A joint guarantee system was also formed among the banks to ensure the credibility of Jiaozi.

  Thanks to the stable and sufficient money supply, Sichuan's economy flourished. By the middle of the Northern Song Dynasty, Sichuan was already an economic center as prosperous as Jiangnan.

  However, the imperial court saw the benefits of issuing excessive currency, so it was nationalized.

  When the government first took over Jiaozi, they were very serious and responsible. They printed denominations ranging from Guan to Shiguan in advance, making Jiaozi a standardized currency.

  There are limits on the amount and reserve required for issuance.

  The reserve ratio at that time was 28%, and the limited number of issued coins was 125 million guan. The official reserve was 36 guan iron coins as reserves. The money supply increased by 89 guan in the market, and the government made 89 guan in vain. It was the best of both worlds.

  Guanjiaozi also has the concept of boundaries.

  There is one boundary every three years. After one boundary expires, the people will return the old Jiaozi in exchange for the New Territory Jiaozi, and the circulation in the market will remain unchanged.

  However, unrestricted power naturally has the intention to do evil, and the ancient government had unrestricted power.

  The Northern Song Dynasty was plagued by wars for many years, and when money was scarce, they would make indiscriminate friends and harvest the people.

  Soon the reserve ratio of 28% became 14%, and then lower and lower, lower and lower...

  
   
  (End of this chapter)

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