I'm only seven years old, Lao Zhu, you let me supervise the country?

Chapter 200 Three-pronged approach!Master the essentials of the world!

Renminbi?
Zhu Yunxi was taken aback for a moment.

What a name!

It will be the world's number one currency in the future.

Oh.

wrong.

It should be the only currency in the world!

Ming Dynasty was hundreds of years ahead of the world and was the first to achieve industrialization.

Where in the world is there room for other currencies to survive?

If you collect seigniorage in the future, you will get hand cramps.

It's beautiful just thinking about it.

Zhu Yunzhen nodded with satisfaction.

“When everything is ready, let’s officially publish it in the newspaper!”

Prior to this, all matters announced by the imperial court were announced by Zhang Bang.

Now, with the People's Daily, it is only natural to publish the announcement in the newspaper.

Compared with publishing on a list, publishing in a newspaper can see more people, and the news spreads faster.

Of course, the list-making continues.

After all, it is a habit that has been practiced for many years and cannot be abandoned suddenly.

There are always some people who are still used to reading the list, and they have to wait for them to adapt slowly.

It's just that the status of Zhang Bang is not that important anymore!
"Big news, the imperial court is carrying out currency reform, issuing new banknotes, and recycling Daming treasure banknotes. The new banknotes can be exchanged for silver!"

"Big news..."

……

Following the newspaper seller's shouts, the news of the issuance of new banknotes soon spread throughout Jinling and then to the whole country.

The first to boil is the officialdom.

The salary that Lao Zhu set for officials was not too low.

At least it provides them with basic food, clothing and housing, so there is no big problem.

Just never get a salary increase.

And they are often issued in treasure notes.

But too many banknotes are printed, and their paper value is far different from their actual face value.

It turned out that a salary of 100 taels of silver was issued to you with a face value of 100 taels of silver, but in fact it was only worth more than [-] taels of silver. Who can bear it?

Later, when the currency completely collapses, it will be a pile of waste paper.

Corrupt officials or officials with strong family backgrounds are fine.

If your family is poor and you are an upright official, your life will be really difficult.

The price for new banknotes to recover old banknotes is set at 1:4.

However, salaries are paid to officials according to the face value of the new banknotes.

Compared with the previous issuance of treasure notes, it is equivalent to increasing their actual salaries by four times.

It doesn't matter if officials don't live on their salaries.

The poor and honest officials who are eager to live on their salaries are really happy.

The most important thing is that the new banknotes can be exchanged for silver with a 5.00% handling fee.

Many officials are worried.

As soon as he received the salary issued by the new banknotes, he hurried to the People's Bank to exchange all of them into silver.

The young man is not deceived.

It’s really redeemable!
Many officials shed tears of joy.

It's not easy being an official for the old Zhu's family!
If you can receive a full salary, it’s like the sun is rising in the west!

The reaction of the people was even more exaggerated.

A pile of Ming Dynasty treasure notes are rotten in the hands and difficult to use.

You can only watch it depreciate in value.

Now Taisun takes the initiative and carries out currency reform so that everything can be exchanged for new banknotes.

This is something that has never happened before!
In the past, the imperial court always only paid attention to the issuance, regardless of the recycling.

People rushed into the People's Bank of China to exchange money.

After all, once the redemption period has passed, you can’t exchange it.

After getting the new banknotes, many people were also worried and exchanged them for silver.

In this regard, the People's Bank of China will honor all payments.

Besides.

Zhu Yunxu also ordered that official grain prices should not be increased, but only RMB would be accepted, not silver.

A large amount of currency suddenly appeared in the market. Normally, food prices would rise.

Even if the imperial court enforces price stabilization, it will be difficult to stabilize.

But this year's situation is a little different.

Sweet potatoes have been successfully planted and will be promoted on a large scale next year.

The common people all got the news from the newspapers, and many of them even got the sweet potato seeds distributed by the imperial court.

The officials of the imperial court witnessed it with their own eyes.

What a yield of sweet potatoes!

Since ancient times, those who spend a lot of money, rush to buy food, and hoard it are the big and wealthy households.

Ordinary people, how can they have that ability?
There is neither enough money nor a granary large enough to store grain.

Only big and wealthy households can.

But they already know that sweet potato planting is about to be promoted. Wouldn't it be foolish to stockpile grain at this time?
The sources of news for the rich and wealthy are not just newspapers like "People's Daily".

In order to confirm the authenticity, they also showed their special abilities and inquired from the court officials.

All the court officials were there that day to dig sweet potatoes.

Naturally, it is easy to verify the authenticity.

After knowing that sweet potatoes are really high-yielding, no big and wealthy households go to farm grain.

On the contrary, they also wanted to sell most of the grain they had collected before.

After all, it is easy for them to judge that if sweet potatoes are really high-yielding, even if they cannot replace the staple food, they will only serve as an auxiliary, which will reduce the demand for the staple food and reduce food prices.

If you don't sell it at this time, when will you wait?
However, Zhu Yunxi ordered that the imperial court's granaries in various places should still be purchased at the original price, and they were not allowed to take the opportunity to lower the price.

The expensive rice hurts the people, and the cheap grain hurts the peasants.

The most important thing about food prices is stability.

Neither too expensive nor too cheap.

This can only be regulated by the state.

During harvest time, surplus grain is purchased and stored.

In a disaster year, the food will be released.

Now that cement has been invented, it can be used for the construction of cellars and granaries.

Renminbi can be freely converted into silver and can also be used to buy food.

In this way, there is a double guarantee.

But problems also emerged at the same time.

Many rich and big households took advantage of this opportunity to sell a large amount of grain stored in their homes. Anyway, there was a guarantee price from the imperial court to buy them, so they could make a steady profit without losing money.

After the RMB is exchanged, it will be exchanged for silver at the People's Bank of China.

In this regard.

Zhu Yunxi's reaction was to accept.

Collect them all!
He has enough confidence.

A reserve of [-] million taels of silver is definitely enough.

The credibility of the RMB must be established in one fell swoop.

What's more, the People's Bank of China can still earn a lot of handling fees by exchanging them in this way.

In addition, the national grain stockpile can also be greatly enriched.

Just what he wanted.

Therefore, if those big and wealthy households dare to sell, he dares to take it!
At the same time, "People's Daily" also mustered its strength to publicize the various benefits of "RMB".

How inconvenient is silver, how difficult it is to cut, difficult to tell whether it is genuine or not, and difficult to carry...

Newspapers make up stories one by one.

For example, when a businessman was using silver, he encountered a situation where the other party tampered with the scale due to the inconvenience of cutting it, resulting in huge losses.

There are also scammers who pour lead and tin into fake silver and mix it with real silver to deceive merchants and take away huge wealth.

There were also two businessmen, one of whom was carrying silver. They were encountered by robbers. After a search, all the silver was robbed.

The other person was not found because he was carrying RMB, which was hidden in his clothes and was not as heavy as silver coins. He was lucky enough to escape.

……

All these and many stories are naturally based on circumstantial remarks, telling how silver is bad and how paper money is good from various angles.

Do not underestimate the power of this propaganda.

Even in the society of later generations, because of too much publicity, everyone has already developed a strong resistance.

Still hard to believe.

What's more, in this era, the people of the Ming Dynasty are more simple.

Plus, banknotes are really convenient to use.

Soon, the number of silver and copper coins circulating in the Jinling market was greatly reduced, and banknotes became the mainstream.

The same is true in Suzhou, Yangzhou and other cities with developed commodity trade.

"People's Daily" began to publicize that some people exchanged all their money for RMB.

Slowly, some people followed suit.

Gradually more and more.

There is a handling fee of up to 5.00% for swapping in and out.

Let the People's Bank make a lot of money.

"It's better to pay in RMB!"

"It's much more convenient than money!"

“Now I always use RMB to buy things.”

"Haha, me too!"

"Who still uses silver and copper coins these days!"

……

Rigid payment of silver, guarantee of grain purchase, coupled with publicity and publicity efforts.

Three-pronged approach.

In just a few months, the renminbi has finally been generally recognized by the society.

Wherever it goes, it is even more popular than silver.

The Ming court thus firmly controlled the "coin minting power".

Finance is the first priority of the country.

Without money, nothing can be done.

We can't afford to support the army, we can't carry out construction... we can't even do anything to provide disaster relief.

Only by controlling the power of minting can the finances be basically guaranteed.

Money is also at the heart of finance.

Whoever has the right to issue currency can control the whole world.

The end of the year is coming soon.

At this time, in Daming, the national treasury was full, and grain piled up like a mountain.

To Zhu Yunzhen's surprise, the Japanese pirate who assassinated him seemed to have disappeared from the world, and there was no movement again.

But Zhu Yunqi, Chang Mao and the others did not make any moves.

but.

He is not in a hurry.

Ligers hunt deer and hunters hunt, both of which compete with patience.

They didn't move, and Zhu Yunxi didn't move either, and concentrated on building Daming.

In a blink of an eye, the new year is approaching, and it’s time to see Lao Zhu again.

On the one hand, he had a premonition.

If the Japanese pirates want to attack Lao Zhu, the coming of the New Year will be the best opportunity.

on the other hand.

Taking advantage of the opportunity of Chinese New Year, I will not be suspicious when I go to see Lao Zhu.

At the end of the year, it is natural for the younger generation to greet their elders.

Again.

Now, he has money, an army, and publicity tools, and Zhu Yunxi's confidence is getting stronger and stronger.

He wants to set off an unprecedented big change!

(End of this chapter)