Tang Dynasty good brother-in-law

Chapter 810 A small piece of paper
Li Shimin wondered if he heard it wrong.

You must know that 500 billion yuan is 5000 million guan, this number is too scary.

After the New Year, Datang fought two fierce battles in a row. It can be said that the treasury has bottomed out, and only 1000 million guan was spent. Liu Mu's opening was 5000 million guan, which shocked Li Shimin.

Could it be said that Datang Folk can squeeze out another 5000 million guan, this is impossible.

The family doesn't have much money anymore.

"Are you sure it's 500 billion?" Li Shimin asked again.

Liu Mu didn't answer, but took out an envelope from his bosom, and then took out a... banknote from the envelope.

banknotes?

Even in the printing factory, not many people know what this thing is.

"Second brother, this is the real reason why Zhang Gongjin was placed in the country of thousands of islands. The printing workshop has been doing continuous research and trial production since six years ago. With the continuous updating of template materials and continuous trial production of ink, it is already perfect. .But the quality of the paper has not passed the test until Luzon was won."

"Luzon? En."

Only Liumu and Li Shimin know the place name of Luzon. Right now, the Ministry of Rites of the Tang Dynasty is discussing the official names of the islands in the country of a thousand islands, but it will definitely not be called Luzon.

"Second brother, this paper is made of 60.00% wood pulp, 11.00% bagasse pulp, [-]% abaca pulp, [-]%..." Liu Mu said the approximate data, detailed The contents are protected with top secrecy, which means that the paper cannot be counterfeited.

Datang's paper industry, the real high-end paper, is a top-secret protection process.

Liumu's stock was the first attempt at paper bills. At that time, the technology was not yet mature, at least not up to Liumu's viewing of banknotes.

At this time, Datang coinage technology is at least 300 years ahead of the world, which is equivalent to the level before World War II in the middle of the [-]th century.

Li Shimin hesitated, looked at the banknote in his hand for a long time, and then said, "Second brother remembers, you once said that printing banknotes indiscriminately caused the collapse of the country."

"Yes. Paper money is a double-edged sword. Whether to issue it or not depends on what the second brother wants. But this time, I don't plan to circulate a large number of paper money in Datang."

"Oh?" There was a gleam of brilliance in Li Shimin's eyes, and he immediately said: "Second brother agrees, and second brother understands that this kind of banknotes can be circulated in the Tang Dynasty. We should make a plan now. The peninsula, Western Regions, and grasslands without currency need more money. This piece of paper can become a currency in circulation for a long time."

"Second brother is wise. This matter is actually easy to handle."

"tell me the story."

"The plan is divided into five steps..."

Li Shimin was moved by Liu Mu's banknotes, and Li Shimin was still ready to turn this small piece of paper into a currency recognized by everyone in the world. In other words, this piece of paper was Datang's credit-based currency.

Before the release, the ancestral system must be established first to prevent future generations of emperors from being assholes.

Therefore, the rules must be strict, and the annual printing quantity must be reviewed by the cabinet many times.

In the evening, Liu Mu held a banquet at home to celebrate his hard work in Fusang on the pretext that he hadn't returned to Chang'an for a long time.

Liu Mu's banquet list included almost all officials above the fourth rank of the Tang Dynasty.

The banquet was very short, only one hour, and then some people stayed to attend Liu Mu's tea party, because Liu Mu brought some good tea from Hangzhou.

The candidates for the tea party happen to be all the cabinet members, and they are still called Wenyue Pavilion, but they are actually several main members of the Datang Security Department.

After a quarter of an hour, after Liu Mu explained the situation of the banknotes, Cui Junsu, Minister of the Household Department, stood up.

"Saints, all the ministers and workers. Let me say a few words first. As far as Goguryeo is concerned, Concubine Liu has made three moves in a row. It's too cruel, it's already a robbery in the open, how much is this little piece of paper worth?"

Cui Junsu picked up the banknotes. In his eyes, no matter how expensive this piece of paper was, it could not exceed the value of a penny.

And this banknote says one hundred cash.

"Copper coins rely on the value of copper itself, and the same is true for silver coins. What is this piece of paper? Is it based on the credit of Datang? Goguryeo could be so stupid as to let this piece of paper become gold and silver to steal their countless Materials. Therefore, I think..."

Cui Junsu glanced at all the officials and workers, and after seeing everyone nodding, Cui Junsu turned around and saluted Li Shimin: "I thought that the Changping Bank was owned by the household department, and I would pile up a mountain of silver and a mountain of gold to protect this little one. The value of a piece of paper, and then win the trust of the world, and then let this paper money seep into the peninsula."

Liu Mu listened very seriously, always thinking that Cui Junsu wanted to object.

Who would have thought that Cui Junsu could see through the truth of banknotes without a teacher, and proposed a way beyond the times, which is the gold standard.

Guaranteed by precious metals such as gold and silver, this is not a silver standard economy, but a gold standard.

And there is nothing wrong with taking the bank as state-owned, because no individual is qualified to issue currency.

"No!" Liu Mu stood up and objected.

Taking Changping Bank as state-owned is a matter discussed in private by the cabinet. The power of this bank is already enormous, and if it grows bigger, it will affect the court of Datang.

Take it back, that's right.

At that moment, several people stood up, ready to argue with Liu Mu with Cui Junsu.

Liu Mu said at this time: "Changping Bank does not hand over, because the business it operates should be released. I think the establishment of Datang National Bank will allow the establishment of three new banks for currency coordination in different industries and under different circumstances. "

"The other three?"

"Yes, all banks are under the management of Datang National Bank, and only Datang National Bank has the right to mint coins. Then three new banks will be established, and the names will be discussed. The first is the Zongbosi Bank, the second Construction Bank, The third one is Gongnongfang Bank.”

"Consort Liu, please continue, or you already have something in writing."

"Yes, but it's not complete, only a draft. I don't have enough knowledge, I only have ideas. I originally planned to organize people to perfect it, but I don't have enough people. Dozens of people have been exhausted and sick on Wajima, and I don't have enough. It's done by hand."

Liu Mu thinks that the bank is useful, and he found an example: "This bank is really useful. For example, if a farmer plans to build a greenhouse and he has no money, the bank will lend him money and charge interest. This is beneficial to the bank. , and the farmer built a greenhouse, and earned a lot of money the next year, paid back the money from the bank, and made a profit for himself, and left the greenhouse. It’s a win-win situation.”

Cui Junsu asked: "So those craftsmen in Chang'an City borrow money to buy a house, and this loan is ten years, twenty years, and the bank is beneficial?"

(End of this chapter)