high official

Chapter 635 Mission Impossible
When Wang Xian rushed to the East Palace, he saw that besides the prince, Yang Rong was also there, so he knew what was going to happen.

The crown prince didn't show any politeness to him, and directly showed his sorrow to Wang Xian, and when he sat down, he said in a muffled voice: "Zhongde, Xueshi Yang has brought a difficult task." In fact, everyone knew it well. , It is impossible for Zhu Zhanji not to report to the prince in advance the will that Yang Rong wants to pass on, but sometimes, a fig leaf is indispensable.

"Please speak, Your Highness." Wang Xian nodded.

The prince looked at Yang Rong, and the latter confessed his mission. "...The emperor's will is to ask His Royal Highness the Crown Prince to reorganize the banknote law in the capital as soon as possible, prohibit the common people from using gold and silver, restore the currency value of the treasure banknote, and let the treasure banknote circulate again."

"Excuse me, how can this be possible?" Wang Xian said with a speechless face: "The banknotes of the Ming Dynasty are already dying, so it's just a matter of rectifying the banknote law. The common people are forbidden to use gold and silver... Really..." He wanted to say, "Really It's ridiculous, but I felt it was wrong, so I changed my words: "I want to poke a hornet's nest. His Royal Highness, you should think twice!"

"Forbidding the common people to use gold and silver is my ancestral system," Yang Rong sighed, "If the crown prince doesn't do this, some people will say that he disrespects the ancestors, this is something His Royal Highness cannot bear."

"Zhong De, Xueshi Yang is one of our own," Zhu Gaochi said with a sad face, "His words are from the bottom of his heart, so you can speak freely."

"Obey." Wang Xian responded, turned to Yang Rong and said, "Does Xueshi Yang think that the crown prince can do this?"

"I didn't know that, so I asked His Royal Highness to invite you here," Yang Rong said with a wry smile, "It is said that Wang Zhongde has the wisdom of heaven and man, I hope you can find a way."

"A bachelor's degree is too much." Wang Xian said indifferently: "The little cleverness of the lower official is good enough for an emergency. I really can't do anything about this kind of unsolvable problem."

"Zhongde, is there really no way?" Zhu Gaochi's cheeks trembled. In fact, a few days ago, when he learned that he was going to be involved in this hard job, he secretly invited Wang Xian to discuss it, to see if there was any countermeasure.As a result, Wang Zhongde, who had always been frowning and thoughtful, frowned and wrinkled, almost wrinkled into forehead lines, and he didn't think of a way.I had no choice but to leave first, and go back and think about it carefully... It seems that he has not thought of a solution until now.

This is the first time ever.

"Yes, Your Highness." Wang Xiandao: "Speaking of which, a banknote is just a piece of paper. The reason why the people can treat it as gold and silver, circulate it, and store it is useless by the court's coercion. Confidence."

"Confidence?" Prince Edward and Yang Rong said in unison.

"Yes, confidence." Wang Xian nodded and said, "In fact, currency is just a symbol, and it doesn't have to be linked to gold and silver. As long as everyone thinks it has value and believes that its value can last for a long time, then paper money can completely replace gold. Silver. There are three ways to make common people regard banknotes as valuable as gold and silver. Either prepare with gold and silver and promise to convert banknotes into gold and silver at any time; or use assets such as land and taxes as collateral Issuing bonds, this kind of marketable bonds also has the same effect; or, it is to issue banknotes directly with the national credit as an endorsement. .”

For Wang Xian, a member of the previous life, this kind of basic financial knowledge is just a drizzle, but for the prince and Yang Rong, it is tantamount to financial literacy.Especially Yang Rong, although the crown prince, Li Guan and others praised Wang Xian in every possible way before, he thought that he was just very clever and quick-witted. It's beyond hope.

But as soon as an expert makes a move, he will know whether there is one. Yang Rong heard Wang Xian's words, and couldn't help saying sincerely: "Zhong De is indeed a great talent, please continue to break it down, and listen carefully."

"Obviously, the Ming Dynasty only used the third type." Wang Xian didn't bother to be polite to him, and continued: "It's the worst choice to say something disrespectful to the ancestors."

"Didn't you say that this method costs nothing and doesn't need to be paid?" For the prince, Wang Xian's words were a bit harsh.Emperor Taizu has been deified, and anyone who says that Taizu is wrong is treasonous.The prince just felt that it was a bit harsh, and he was already very conniving towards Wang Xian. "It's obviously the best way, why say it's the worst?"

"Because this method is the most demanding." Wang Xian said in a deep voice: "First of all, there must be a complete banknote law, and of course more importantly, strict implementation. The key is not to issue excessively, and the total face value of the issued banknotes must always be maintained. Compatible with the size of the country's economy. This is a red line that must not be crossed. If it is crossed, it will be excessive! The excessive issuance will shrink the value represented by paper money, and the people who use paper money as their wealth will suffer from shrinking property. If the common people can perceive this change, they will have resentment towards the imperial court, and then they will no longer trust the imperial court... And because there is no restraint in this method of issuing money, once the country encounters financial difficulties, there will be irresistible excessive issuance. Impulsive, thinking that this method can be used to increase national use without any effort, as everyone knows, this is overdrafting the most fundamental and precious national credit of a country! Once the overdraft is excessive, the national credit will go bankrupt. At that time, the court said No matter what you say, the common people will not believe it..."

"Be careful with your words." Yang Rong broke into a cold sweat when he heard it. If it was true what Wang Xian said, the Ming Dynasty would not be far from the end of the country.

"If this is the case, then it is even more necessary to rectify the banknote law and restore the credibility of the court." After all, this is not the first time the prince heard it, and he was not so shocked, but expressed his own considerations.

"Difficult, it is too difficult." Wang Xian sighed.

"So, there is still a way?" Yang Rong said with a bright eye.

"There are three ways to make everyone accept precious banknotes again," Wang Xian said flatly: "The best strategy is to issue new banknotes with gold and silver as guarantees, which can be exchanged for new banknotes for no reason, or for gold and silver banknotes at any time. The people use the old banknotes in their hands to exchange them for new banknotes at a certain ratio. In this way, as long as the preparations are made, I believe that within half a year, the new banknotes will be accepted by the people and the court’s credit will be restored.”

"This method is unrealistic." Yang Rong shook his head and said, "It is undoubtedly promulgating a new banknote law, and where can the court find so much gold and silver?"

"Actually, it doesn't need much," Wang Xian said indifferently: "As long as you overcome the exchange of the common people in the early days and convince everyone that banknotes can be exchanged for gold, everyone will not exchange them. After all, the convenience of banknotes is gold and silver." Incomparable."

"No, no, no." Yang Rong shook his head. In fact, he knew that this method was the solution to the root cause and the kingly way to reshape the country, but he also knew what the emperor needed now, and he would never agree to this method. "What about Zhongce?"

"The central policy is to amend the current banknote law." Wang Xiandao: "One is to announce that the issuance of additional banknotes will be stopped for several years. Second, it is stipulated that banknotes, regardless of whether they are new or old, can be exchanged for new banknotes at various treasure banknote bureaus at any time. Third, the imperial court All taxes and fees collected are paid in precious banknotes. Fourth, severely crack down on counterfeit banknotes. If these four points can be achieved, the ban on gold and silver can be justifiably implemented. In this way, it will only take a few years for precious banknotes to regain their value .”

"Well, this method is good." Zhu Gaochi heard this, and felt that this method is very feasible, at least if he rises to the top in the future, he can implement this method.

"No way." Yang Rong still shook his head and said, "Not to mention anything else, the first point is that if you stop issuing additional banknotes for a few years, you will never pass it with the emperor." If you want to print money to make money, you dare to cut off his money, aren't you courting death?

"Then there is only a bad strategy." Wang Xian was not surprised by Yang Rong's reaction, "The ban on gold and silver is strictly enforced, and anyone who dares to trade gold and silver will be executed, killed without mercy, and implicated in the nine clans. Let's see who dares to trade gold and silver." violate a ban."

"Master Wang, are you joking?" Yang Rong asked in amazement.

"Scholar Yang, are you joking?" Wang Xian asked back, "Using waste paper-like banknotes issued indiscriminately, do you want to exchange for the wealth of the common people over and over again?"

"This..." Yang Rong said depressedly: "Of course I also know that it is not advisable, but there are ancestral family laws and the emperor's decree in it. If this matter is not done, it must be done..."

"I can't do it!" Wang Xian waved his hand and said, "If you want the horse to run fast and not eat grass, what should you do? If you do it hard, even if His Royal Highness offends everyone in the world, you can only force it They rise up!" He said with a little emotion: "Scholar, you are in the cabinet, you should be more aware of how difficult the people of the world are now than I am? In Shanxi, Hebei, Shandong, Henan, Gansu and Shanxi, the White Lotus Sect is making trouble everywhere. Why is the White Lotus Sect so popular? ?Because the people can't live on anymore and hate the court in their hearts, they are willing to be seduced by them! At a time like this, they continue to issue money indiscriminately. Do you think that the people will not rebel? The person who came up with this idea must be a big treacherous person , should be killed!"

"This method was invented by the King of Zhao." Yang Rong was a little ashamed, because no matter what, he did not have the courage to defend the crown prince, to defend the wealth of the people...

"He's trying to harm the prince!" Wang Xian said angrily, "Your Highness, we clearly know it's a pit, so we ordered you not to jump into it."

"But the royal father's will is hard to disobey," Zhu Gaochi said helplessly, "I know it's a pit, but I can't hide."

"Then let the emperor take the initiative to withdraw his will." Wang Xian said.

"Once the decree is announced, it is the golden rule. How can it be taken back casually?" Yang Rong shook his head.

"Then let's give the emperor a reason why he has to withdraw his order." Wang Xian said nonchalantly, "The so-called plan is not changing fast, we have to take the initiative to make some changes."

"I would like to hear the details..." Yang Rong said.

"But it doesn't matter." Seeing Wang Xian looking at him, the crown prince nodded and said, "Scholar Yang is trustworthy."

Now that the crown prince said so, Wang Xian confessed his idea, and the two were dumbfounded, and said, "This, this... how can it be?"

"Besides this trick, I really have no other way." Wang Xian spread his hands.

(End of this chapter)