Steam Daming: Stop calling me to supervise the country

Chapter 33 Monetary Economics

Zhu Zhanchang's knowledge of economics is very limited. After all, he did not learn this. He only knows that the circulation of currency is determined by the national productivity, but this is a very empty concept. How to calculate the current productivity?

Excessive issuance of currency will inevitably lead to devaluation of currency. It cannot be over-issued but it cannot be under-issued. For Daming, the financial pressure of more currency issuance will be small.

To be more than a reasonable range.

Zhu Zhanchang took over the booklet from the warehouse first. At this time, there were [-] shi of rice in the warehouse of the palace, and the value of other meat and vegetables was roughly [-] shi of rice.

Because food stamps have exchange properties, the food stamps issued must take into account that the corresponding value can be exchanged from the warehouse.

Once they cannot be redeemed, the common people will no longer trust the food stamps, the implementation of the food stamps will fail, and the social and economic system will collapse, and even lead to public grievances and uprisings.

The people take food as the sky, and money and grain as the country's foundation. This is also the reason why Zhu Zhanchang did not discuss conditions with Zhu Di on the matter of food stamps.

Zhu Zhanchang thought for a while and said, "It's safe to issue two thousand stone food stamps, and the denomination used in the palace is one thousand five hundred stone large denominations, and the others are small denominations." Because the denominations used in the palace are relatively high big.

Wang An hurriedly said: "Five Highness, the total amount of the warehouse is only [-] shi, and the issuance of [-] shi of food stamps is too much."

"Two thousand stones have been issued, but not everyone will exchange grain for food. The grain in the warehouse will be replenished once every half a month. At that time, it will be calculated whether to increase the issuance or shrink the issuance according to the total amount of the new warehouse and the unrecovered food stamps."

"What's the point of shrinking the issuance?" Wang An asked in confusion.

"Every month, the divisions in the palace supply food stamps to be issued. Our goal is to replace the treasured banknotes with food stamps. Then not only are the food stamps issued, but the salaries of the maids and eunuchs are also issued with food stamps, so that the food stamps have the function of circulation and transaction. ."

Said Zhu Zhanchang was tired, so he drank his saliva and continued: "Suppose we issue 1000 shi's of food stamps now, exchange 1200 shi in half a month, and add another [-] shi in stock, what should we do?"

Several people scratched their heads, but Zhu Zhanji, the good eldest brother, said: "After the food stamps are recovered, they will be stored in the grain depot. After the grain depot is replenished next month, these recovered food stamps can continue to be used as the supply of various departments and the salaries of palace maids and eunuchs, but Because only 1000 shi was recovered, there are still 1000 shi in the palace, and after the warehouse is replenished, there is a total of 1900 shi in stock, because there will definitely be left in the hands of people, we can actually issue an additional hundreds of shi shi of food stamps next time."

"It's still great brother."

"Tai Sun Shengming."

"Tai Sun Shengming."

Zhu Zhanji knocked on the table: "When discussing things, all these false rituals are waived, and don't delay things."

Zhu Zhanchang couldn't help but take a higher look at his good eldest brother. He is indeed a person who does things. No wonder Zhu Di likes him so much. He is both serious and responsible.

A few people discussed it. If the food stamps are successful, the amount of food left in the market that cannot be exchanged will be very large. However, there is no data basis for everything. Only a few people can make a rough calculation. The calculation is very inaccurate. Stock 10-20% of the food stamps.

After the discussion, a few people were like chicken blood. The more the three officials of the Ministry of Household thought, the more feasible it was. This is a great opportunity to get promoted and make a fortune. Feeling whole, working overtime to get food stamps out.

Only Zhu Zhanchang couldn't help falling asleep, and Zhu Zhanji asked Chuer to bring Zhu Zhanchang to the side hall to avoid disturbing him.

He patted Zhu Zhanchang's head: "The fifth brother has grown so big without realizing it. I always feel that he is still the child who followed me in the imperial garden a few years ago."

Growing up together, and the relationship between a mother and siblings is very good.

Zhu Zhanchang didn't get up until three poles in the sun. Because he was busy with food stamps, he was allowed to go to school recently, but it gave him a rare sleep.

At this time, Zhu Zhanji was drinking porridge while looking at the handwritten food stamp sample, and he also slept for a while.

"Zhanchang, come and eat together."

At this time, the three officials of the Ministry of Household had already left to rush to make the stamps and printing molds needed for the food stamps.

"Brother, what are the arrangements for today?"

"First go to the emperor to report the results of yesterday's discussion. If the emperor agrees, he will go to Hushang Palace again. After all, he has to run food stamps in the palace. Hushanggong is in charge of the internal affairs of the palace, so he has to say hello to her. , I'll go find my mother again, get my mother's help, eat quickly, and come with me."

Zhu Zhanchang just wanted to find an excuse to get away, but the good eldest brother has already counted him in it, and this day's itinerary is probably busy.

In desperation, Zhu Zhanchang had to follow Zhu Zhanji to report to Zhu Di first.

On the main hall, Zhu Zhanji recounted all the things that were discussed and decided by several people yesterday according to the main points recorded in the notebook. It took almost an hour for this one item alone.

Zhu Di listened carefully, Zhu Zhanji spoke more carefully, the grandfather and grandson became more and more energetic, and Zhu Di couldn't help applauding when he finished speaking.

"Okay, the way to prevent fake food stamps is very good."

"It was Zhanchang's idea." Zhu Zhanji was not greedy for merit.

"Both of you are very good. As for the total amount of issuance, you are also right. Do it at the safest level first. I will order everyone in the palace to fully support you. Those who dare to disobey, and those who violate the law, report directly. give it to me."

"Thank you, Grandpa."

Zhu Di said energetically: "In the future, you will report your progress to me every day, and you must not hide the problems you encounter. The issuance of food stamps is a major event, and you must not be careless."

"Grandson understands."

After Zhu Di finished speaking, he walked for 2 minutes and made up his mind: "Can you make a sample of the food stamp printing today?"

"It should be made in time for tonight, but the real release may have to make some changes."

"It's okay, come to both of you early tomorrow. Zhanji, in front of all the ministers, you will tell the matter of the food stamps here today. Of course, it should be simplified, and the time is tight in the early morning."

Speaking of this matter in front of the civil and military officials last morning is proof of the emperor's determination to do this. As the executor, Zhu Zhanji participated in a national policy of the Ming Dynasty, and he did his job well. Reputation can be greatly increased.

Zhu Zhanji was a little excited: "Grandpa Xie Huang."

But Zhu Zhanchang on the side could not see any excitement.

Zhu Di looked at his expressionless and even distressed face and asked, "Zhanchang, what's the matter with you?"

"Grandpa Huang, what time is the morning?"

Hey, it's a hard life to delay my sleep again.

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(End of this chapter)