Villager of Daming

Chapter 821 Face Value Comparison of Glamorous Glass
"Yes, we know this, and it can't be any smaller, just the horns." Zhu Yuanzhang recalled that it was indeed better to have a small face value.

Because one egg cannot be exchanged for one kilogram or half a kilogram of rice, especially now that poultry is raised in large quantities, the amount of feed a chicken eats to lay one egg is actually equivalent.

Half a pound of rice lays an egg?Then kill as many chickens as you can, and you can’t eat them all?

As there are more pigs raised, the price of pork must be in line with the feed ratio, plus labor costs and the cost of accidentally raising pigs to death.

There is too much sugar cane and too much glutinous rice, and a piece of sugar is no longer worth a penny. As productivity increases, the prices of some things are falling.

Soybeans and sorghum in Shandong are cheaper because they are planted after the winter wheat is harvested.

In Ningguofu, Taipingfu, Yingtianfu and other nearby places where interplanting and rotation are practiced, jute and ramie are no longer expensive.

However, the price of rapeseed oil is very stable. Hemp and cotton are also grown elsewhere, but there are few rapeseeds. Businessmen will transport the rapeseed oil here to other places for sale. Jute and ramie do not have that advantage.

The residue after pressing rapeseed oil is a good thing. It can be fed to livestock to make them grow faster, and the oil can also be extracted from pockmarks.

Small denominations of treasure banknotes met the needs of the people of the Ming Dynasty and facilitated buying and selling. For example, a small handful of coriander could be bought back for a dime to borrow a taste.

"Yes, Your Majesty, one million guan is enough to move around. No one will pocket a lot of dimes. If they have too many dimes, they have to exchange them for pennies. If they have too much pennies, they have to exchange them for ten fen. For those who have 100 guan, it will be guan."

The chief then said that the face value of the treasure banknotes would be determined according to demand, and Hanhan came up with the plan.

Zhu Wentian listened and nodded from time to time, giving the impression that he could understand.

Zhu Wentian actually considered spending too much money, but after thinking about it, it was wrong and inconsistent with the situation of Ming Dynasty.

The reason why he had money in the early days was influenced by the previous dynasties. The round at that time was a silver dollar.

The purchasing power of one silver dollar is too great, so when currency is issued, one yuan is equivalent to the value of one silver dollar, such as Yuan Datou.

The purpose of this is to recover precious metals silver and gold. One yuan is equal to one dollar. Gold is large and small gold bars, which are compared with silver dollars.

Regardless of whether it is a small goldfish or a big goldfish, the normal amount of silver dollars will be exchanged for the same number of banknotes.

How many things can one silver dollar buy?It's amazing that the jiao and cents divided the silver dollar into ten parts and hundred parts.

The issue of historical continuation is easy to connect and can be understood and accepted by both domestic and foreign countries.

The Ming Dynasty couldn't do it. One penny in the Ming Dynasty was not one silver dollar. One silver dollar was equivalent to two-thirds of a tael of silver, which was more than 26 points. In the Ming Dynasty, one tael of silver was more than 37 points.

Now in the Ming Dynasty, one tael of silver was equal to one thousand cash, which had long been subdivided, but the coins used were copper coins, which were not equivalent at all, and there was little copper.

As productivity increases, and especially as food prices are positioned, there must be smaller denomination currencies.

Even if you buy half a catty of rice for a penny, the steamed rice will not be half a catty. It depends on whether it is new rice or old rice. And then a bowl of rice costs a penny?The people were unwilling to accept it.

A box lunch only costs three cents. It includes vegetables, soup and pickles. How poor!I don't agree that you can make such a high profit by selling food.

So three cents for a bowl of indica rice and five cents for a bowl of japonica rice are much better.

Also, I don’t have any land to grow vegetables at home. I want to make cucumber slices and egg soup in Nanjing. One cucumber is enough. How much does it cost?A penny?I spit on your face.

This is what money is like, wait until later...

Zhu Wentian believes that there will be dimes in the future, or even cents, because technology continues to improve, productivity is higher, the yield per mu increases, and there is always a trade surplus in foreign trade, then the daily necessities of the people of the Ming Dynasty will be cheaper.

Like the developed countries at that time, a pair of leather shoes in developing countries sold for three hundred yuan of their own currency, while in developed countries, a pair of leather shoes sold for ten yuan of their own currency.One dollar in a developed country is seven dollars in a developing country.

That is, a developed country can buy leather shoes worth 70 yuan from a developing country with [-] yuan from a developing country.

At the same time, people in developing countries earn an average of 3000 yuan a month, and developed countries also earn 3000 yuan a month, but in their respective currencies.

So the money earned in developed countries per month is equivalent to 1000 yuan in developing countries. Are 70 yuan shoes cheap?
People in developing countries can buy ten pairs of leather shoes with their monthly income, while people in developed countries can buy three hundred pairs, a price difference of thirty times.

This was also the case after the Ming Dynasty, so the units of treasure notes that needed to be divided at that time were one cent, two cents, and five cents.

Because the technological gap between the outside world and Ming Dynasty is much greater than the gap between developing countries and developed countries. In a few years, the distance will not be an era at all.

Even the matchlock gun has not yet appeared where the best technology is. How can we compete with the Ming Dynasty who uses mortars?
Zhu Yuanzhang didn't know that Han Han, who had a silly smile on his face, was full of special thoughts. He just felt relieved, it was great to have an expert here!
"Yichang, do we need to expand our village? There is a mountain to the east, how about climbing it?"

Zhu Yuanzhang wanted to continue to divvy up territory and give it to others. He would gain nothing. At most, he would stabilize other people's hearts, and his loyalty could not be guaranteed.

It's different for Xiaqiu Village. Xiaqiu Village doesn't mention loyalty and will find ways to use it as long as there is a place.

Give them a piece of land and they immediately use it as a seed base and breeding livestock farm to provide plant seeds and animal seeds for Ming Dynasty.

Give them a pond, and they will raise all kinds of things, including puffer fish that they can eat freely without being poisoned.

The things given out were immediately reported back, and more benefits accrued to the palace and the Ming Dynasty. The village did not need too much cash.

Just like...

"Ling'er, what are you wearing on your head?" Zhu Yuanzhang asked, but before Li Chang could respond, he saw a light shining on the head of the little girl Ling'er.

"Your Majesty, the glass hairpin." The little girl took out her pocket, took out two iron hairpins, and replaced the place where the hairpins were issued. The hairpins were thin and black, and the hairpins were decorated and wide.

Zhu Yuanzhang took it in his hand, raised it and looked at it carefully, changing the angle: "Is this glass? Why is it so beautiful?"

He thought it was amazing. As the angle and light changed, the colors began to change.

"There are many facets, and then there are more refraction and diffraction of light, so it is what it is now, but it is not as good as the one made of diamond. It is cheap. It costs a penny, right? Probably not a penny."

The little girl is not in a hurry and is not afraid that His Majesty will snatch the things away. She learned to do this from Brother Hanhan in the laboratory. Everyone can do it. It is so simple.

"It can't be sold. This technology can't be sold. It will be made by the people in our palace first, and then we will exchange it with the barbarians. Oh my god! How did you do it?"

Zhu Yuanzhang was fascinated by the row of glass on the hairpin. He didn't even know that the glass ones were far inferior to the diamond ones.

He looked at it again and handed it back: "It looks good. Help us make it in the palace. Inlaid? Make more glass like this that can be inlaid."

"Okay!" The little girl took it back, pinned it on again, took out the two little ones and put them into her pocket.

"What are those two?" Zhu Yuanzhang asked naturally.

"The small one-word hairpins that I plan to sell in department stores this year are made of iron and painted black. They are cheap. They cost ten for a penny and can be used for a long time."

The little boy shook his head and took out a few more and put them in Zhu Yuanzhang's hands.

　gone today

　　
　
(End of this chapter)