I became a mysterious person in textbooks after being pushed by the emperors

Chapter 19 Xia Yuanji looks at monetary theory?
Night gradually fell, and as the chat group did not start again, time in each time and space became independent again.

Yongle time and space.

In a few days, Zhu Di finally absorbed the contents of the Theory of Money and even sorted it out.

in the library.

Zhu Di summoned Xia Yuanji again.

"His Majesty!"

Xia Yuanji walked in with a puzzled expression.

"Take this back and have a look. Ming Dynasty will need to complete a change in a few days!"

Zhu Di handed Xia Yuanji the theory of currency he had copied during this period.

"This is?"

Xia Yuanji was a little confused, but still took it subconsciously.

And when he returned home and opened the book on currency.

Xia Yuanji couldn't help being shocked.

As the person with the most comprehensive grasp of the economy in this era, Xia Yuanji can grasp it at his fingertips even if some theories are not systematic.

But what he saw at this moment, a more complete and systematic knowledge about finance and wealth appeared in front of him than what he knew.

"I see!"

“Is this currency?”

"This this!"

"Gold, silver!"

"Price stability is the axis, and theoretical and policy exploration and analysis are carried out on various factors that affect price fluctuations."

"Examine how to maintain the stability of the price level and the equilibrium of the economy, how to maintain the equality between investment and savings, and how to make the market rate of interest consistent with the natural rate of interest."

Xia Yuanji murmured to himself, completely falling into madness for a while.

His wisdom is so high, even if he is not familiar with some of the terms, but with some understanding, he can understand everything.

And this suddenly made him silent in the content of monetary theory.

Even this absorption is much stronger than Zhu Di's direct transmission.

It was not until seven days later that Xia Yuanji entered the palace with a dark circle under his eyes, looking quite haggard.

Zhu Di couldn't help being startled.

"You, this is?"

Zhu Di looked at Xia Yuanji with a frown.

"Your Majesty, our Ming Dynasty currency may be in serious trouble!"

Xia Yuanji didn't care about this, but spoke directly.

After listening to Xia Yuanji's words, Zhu Di was stunned for a moment and looked at Xia Yuanji with a somewhat surprised expression.

"How did you know?"

The words almost fell out of his mouth.

"Your Majesty, the size of the world is unimaginable. Now that the wealth of the world is pouring into our Ming Dynasty, in the long run, our Ming Dynasty may be completely destroyed by the wealth of the world."

Xia Yuanji was a little anxious, and didn't hear the surprise in Zhu Di's words.

"I know this. I let you read the currency theory, just to discuss this matter with Ai Qing. In addition, I also got a solution from Mr. Ai Qing, you can read it!"

Zhu Di raised his brows slightly. This time, he was really surprised. The words Xia Yuanji said were exactly the same as the gentleman in the chat group.

When an accident occurred, Zhu Di no longer hesitated and gave instructions quickly. A young eunuch handed over to Xia Yuanji the Jiang Chen words he had compiled during this period.

"gentlemen?"

Xia Yuanji was stunned for a moment, and then he realized what he was doing, and his eyes lit up.

During this period of time, the name of that gentleman has been well known, and now Daming has such a prosperous scene, it is because of that gentleman, and Xia Yuanji can't help but be full of expectations for the solution of that gentleman.

He quickly took the memorial handed over by the little eunuch.

Xia Yuanji quickly opened it and looked at the content on it.

And seeing this, Xia Yuanji couldn't help becoming fascinated again.

"I see!"

“Replace metal currency with paper money!”

"If it can be decoupled, it will naturally be solved!"

Xia Yuanji muttered to himself, his heart couldn't help being shocked at this moment.

He did not expect that the ability of that gentleman could reach such a level.

Not only does he know the entire world well, but he is also so proficient in finance, taxation, and currency. He even thought of this problem long ago and gave a solution to it.

"Mister is a great talent, I can't match it!"

"Your Majesty, can I ask my minister and sir for advice!"

Xia Yuanji saluted Zhu Di and then spoke with excitement.

"This, I'm afraid it won't work!"

"Sir is not here!"

Zhu Di smiled bitterly and couldn't help but shake his head.

"Your Majesty, such a great talent should stay!"

Xia Yuanji was taken aback for a moment, and then quickly opened his mouth.

"Things are not that simple. Let's discuss the currency reform!"

Zhu Di shook his head.

"This!"

Xia Yuanji was a little disappointed, but he also felt that there was something wrong with Zhu Di, so he stopped talking and began to meditate.

Jiang Chen's content undoubtedly gave him a new direction, and now he only needs to follow this direction.

As the top economist of this era, Xia Yuanji's thinking is naturally unimaginable.

Soon he had a preliminary idea.

"Your Majesty, after a large number of Daming banknotes flowed into the market, the price is now set with the treasure banknotes. The prices of Daming goods are rising rapidly, and the purchasing power of the treasure banknotes is declining, so that more and more people do not want to use the treasure banknotes. But as Mr. said, if I am afraid that the people will find it hard to accept the complete abandonment of precious banknotes and the use of other banknotes. Now that the talents of the world are in the Ming Dynasty, it is better to buy back all the precious banknotes and replace them with newly issued banknotes. silver."

Xia Yuanji spoke slowly.

What he said is enough to shock the world. Only God knows how many Ming Dynasty banknotes have been issued since Lao Zhu started.

At this moment, they all have to be recycled.

If it was before, it would be enough to completely collapse the entire Ming Dynasty's finances.

But this is just the past. For now, these big Ming treasures are nothing, this short period of more than a year.

The gold and silver that poured into Ming Dynasty from all over the world exceeded hundreds of millions of taels, and it can be expected that there will be more in the future.

Recycling naturally became feasible.

Even if everyone finally chooses gold and silver, there is no problem.

With the rise of commerce, the rise of banknotes is inevitable. As long as banknotes are always equivalent, there will be no problems.

Xia Yuanji, who had read Monetary Theory, had some vague understanding of this point.

"Okay, let's leave this matter to the Household Department. Make sure nothing goes wrong!"

"The required expenses will all be paid by the internal treasury!"

Zhu Di pondered for a moment, then nodded.

Even though this is destined to be a huge investment, Zhu Di can't care about it at this moment.

"Your Majesty Shengming!"

Hearing Zhu Di's words, Xia Yuanji couldn't help but breathed a sigh of relief.

There is no way that there is not much money in the national treasury now, and most of the money is in Zhu Di's internal treasury. Without Zhu Di's support, he would not be able to complete what he wants to do.

But with Zhu Di's consent, all these problems are no longer a problem.

(End of this chapter)