Ming Dynasty: He was ordered to give lectures in prison, but Lao Zhu eavesdropped and made people nu

Chapter 612: The Battle Between New and Old Currency
"Master, I minted new coins to stabilize the country, but I didn't expect it to cause chaos in the market."

"If the people are displaced because of this, wouldn't I have failed the people's expectations and failed the country?"

There was an anxiety in Zhu Yuanzhang's tone that was hard to conceal.

Lin Che smiled slightly, which was a challenge to the difficulty.

"Your Majesty, the weight of the currency is not trivial."

"This chaos cannot be resolved in one day."

"However, in my opinion, this is a dangerous opportunity, just as the saying goes, 'You will turn copper into gold.'"

Zhu Yuanzhang nodded slightly, as if he gained some confidence from Lin Che's calmness. However, the affairs of the world were so complicated, how could he calmly resolve all of this?
Lin Che saw Zhu Yuanzhang's confusion. He took a step forward and said slowly, "Your Majesty, the replacement of old and new copper coins is an extraordinary period. If there is no good strategy, the market chaos will be like a wild horse running out of control. However, proper regulation can make the financial roots of the Ming Dynasty more solid."

Zhu Yuanzhang asked anxiously.

"What's your plan?"

Lin Che slowly unfolded a detailed circulation plan.

He pointed out that the first thing to do is to stabilize market confidence, and at the same time propose a policy to buy back old currency at a fixed official price to avoid panic selling.

There should be a transition period between the old and new copper coins, allowing the two denominations to circulate in parallel in the market temporarily, and strictly stipulating that all official transactions must use new currency.

In addition, Lin Che also proposed to open a special window for exchanging new and old copper coins to reduce the running around of the people.

Promote the superiority of the new currency and the country's credit guarantee in every corner of the market.

And physical transactions are used as a supplement to stabilize market prices.

His proposals are like carefully polished jewels, shining with wisdom.

Zhu Yuanzhang read the plan again and again, and saw Lin Che's deep meaning from it.

"Master, I am sometimes arrogant and terrified, but Master, you have balanced me. This strategy is easy to implement. Today, I have witnessed your extraordinaryness again."

The strategy of the national teacher Lin Che not only stabilized the currency market, but more importantly, avoided an economic crisis among the people.

But when new copper coins began to circulate in the market, old copper coins were recycled in an orderly manner at the official guidance price.

The people were surprised to find that the value of the currency in their hands was not affected.

And those speculators were also captured by the court's tough measures.

Under Lin Che's careful planning, a potential economic disaster was averted quietly.

Time flies, and in a blink of an eye, the new copper coins completely replaced the old coins on the market.

The people did not feel any inconvenience at all, and even praised the new currency for its beauty and ease of use.

Zhu Yuanzhang also praised Lin Che's contribution and rewarded him generously.

But when Ling Chi was passing through the market in his sedan chair after a court meeting, he heard the citizens talking about the coinage dispute.

They didn't know that the person in the sedan chair was the wise man they were talking about.

But Lin Che just smiled and let the sedan bearers pass through the crowd quietly. He was still the unknown imperial master who only cared about the Ming Dynasty.

Zhu Yuanzhang's face was filled with excitement. He sat on the dragon throne in the Wenhua Hall, pointing at the nautical charts and ancient books piled up in front of him.

He said to Lin Che, the Imperial Master standing in front of the prince: "Imperial Master, there is an island in the South China Sea. It is said that there are gold and jade all over the place, rare animals are seen frequently, and there is even a magical medicine that can make people rejuvenated. I hope you can go and find out for yourself."

Lin Che stood in front of Zhu Yuanzhang, who looked solemn, and smiled slightly, saying calmly: "Your Majesty, although the South China Sea is far away, it is not the end of the world. With my research on astronomy, I am sure I can find this island."

"Well, I believe you have your own sense of propriety and will definitely be able to find out the truth."

Zhu Yuanzhang withdrew his expectant gaze and his words were full of trust in the imperial teacher.

As the conversation in the court ended, the entire capital was talking about the South China Sea exploration trip. After all, the imperial teacher Lin Che was a legendary figure in the Ming Dynasty. No matter where he went, extraordinary stories were bound to happen.

Preparations were carried out quickly and methodically.

Lin Che chose the best sailors and strongest shipbuilders in the Ming Dynasty.

They custom-made several ocean-going exploration vessels according to the detailed construction guidelines given by Lin Che.

Lin Che also personally checked the sea charts and even spent days on the observatory observing the movement of planets.

Calculate the best time and path for them to sail.

As a new moon hangs high in the sky and the night breeze blows, the exploration fleet weighs anchor from Tianmen and sets sail.

As smart as Lin Che is, he still appears calm and at ease in front of everyone, as if he already knows the unknown sea well.

When sailing on the sea, strong winds and waves often occur, but under Lin Che's precise navigation, the fleet is always as stable as a rock, and the wind and waves are like gifts, leading them in the right direction.

When the sailors saw this, they were all impressed by the national teacher's erudition and courage, and their hearts were filled with admiration.

A few days later, a hint of green appeared faintly on the vast ocean.

That is the legendary beautiful treasure island.

Lin Che stood at the bow, looking at the increasingly clear outline of the island, a smug smile forming at the corner of his mouth.

"Look, the national teacher is really a god." A sailor shouted excitedly.

The island is indeed rich in resources, with a dazzling array of gems and exotic flowers and plants everywhere.

Lin Che led the team to discover a hidden spring. The water there was clear and sweet, and seemed to have incredible nourishing properties.

Not only that, they also encountered indigenous people.

With Lin Che's wisdom and kind translation, this group of originally vigilant natives gradually let down their guard and began to communicate with the fleet.

Lin Che demonstrated his skillful diplomatic skills, exchanging gifts with the indigenous leaders and learning their language and customs.

Their leader expressed deep respect for Lin Che and was willing to open up a trade route with the Ming Dynasty.

Exchange their various rare treasures.

A month later, Lin Che led the Ming fleet back with a full load.

By the time they returned to the capital, word of his success had already spread.

The gilded sails sparkled in the sun, demonstrating the brilliant achievements of this ocean expedition.

When they arrived at Chaotian Gate that day, Zhu Yuanzhang came out to greet them in person. He looked at the carriage full of treasures.

Listening to Lin Che's concise and wise report, he couldn't help but feel his heart beating fast and his smile grew wider.

“Lin Che, my national teacher, is unprecedented in the history.”

Zhu Yuanzhang gave him a thumbs up. The South China Sea chapter that Lin Che unfolded has become a famous page in the history of the Ming Dynasty.

At the banquet, Lin Che became the focus of the whole audience. He not only opened up a new sea route.

He also promoted friendly trade with his allies and native South China Sea peoples, and his wisdom and foresight won everyone's admiration.

This exploration of the South China Sea not only strengthened the Ming Dynasty's maritime territory.

It has also injected new vitality into the long-standing stable domestic affairs and economic trade.

(End of this chapter)