big dry son-in-law

Chapter 1942 Monetary Innovation
At the same time, Xijing and Tokyo jointly issued an official document, that is, starting from the two capitals, they will comprehensively change their currency.

Silver dollars will exit the market in the next three years and will be replaced by Ming Dynasty banknotes.

The maximum face value of the treasure banknotes is fifty yuan.

Qin Mo didn't get into high school right away.

But in order to stabilize the currency, the mainstream currencies are still five yuan and ten yuan.

After the people get used to the treasure money, they will gradually let go.

After this official document was issued, financial markets were turbulent.

But as the imperial court invested hundreds of millions of tons of gold to stabilize the market, any turbulence subsided.

How much gold and silver is there in the Ming Dynasty?
About eight or nine thousand tons.

It is no exaggeration to say that this number is enough to calm any financial crisis.

As gold and silver flowed into the market, the initial wave of gold and silver exchange also gradually receded.

This also gave the people a shot in the arm.

Immediately afterwards, state-owned banks began to increase interest rates, from two percent to three percent.

This time, financial markets are excited again.

Coupled with the publicity over the years, people actually rarely bury their money underground.

Young people in particular prefer to manage their finances in banks, so after the interest rate increases, a large number of people begin to deposit money in banks and then exchange them for banknotes.

Of course, high interest rates are only for people who are willing to use Ming Dynasty banknotes.

The storm gradually subsided after a month.

Because people also found that treasure banknotes are convenient to carry and exchange easily.

It also maintains its value, and there is no situation where the money is worthless.

Coupled with the prosperity of trade in various places, merchants began to use Ming Dynasty treasure banknotes for settlement. For a time, the exchange of Bao banknotes became popular throughout the Ming Dynasty, and some people even began to speculate on Bao banknotes.

Because the first batch of banknotes issued was only five million.

So this first batch of treasure notes is actually very valuable.

This batch of treasure banknotes even started to be two to three levels higher than the market price, and people were buying them.

"Your Majesty, now that the demand for treasure banknotes among the people has increased, can the Royal Bank of Ming Dynasty issue a second batch of treasure banknotes?"

Qin Mo took the report and shook his head, "Wait a minute, if it is issued in large quantities, it will inevitably depreciate the value of the banknotes.

There is a process to replace the silver dollar. Once the treasure banknotes are worthless, the financial market will collapse.

The financial system that Ming Dynasty has today is the result of twenty or thirty years.

Therefore, we cannot act too hastily.

Tell the Royal Bank that according to the previous plan, batches will be made every one and a half months this year, and they will start to gradually increase production next year or next year. "

Moreover, the anti-counterfeiting of treasure banknotes has always been Qin Mo's most important thing. Fortunately, now that technology is advanced, the treasure banknotes produced are indeed very good, and the raw materials used are not accessible to ordinary people.

"Yes, the Great Emperor!"

Qin Mo put down the report in his hand and immediately left the palace to inspect the construction of the new city.

The new city was built very quickly, with hundreds of thousands of people participating in the construction. Now is not the backward era it was twenty or thirty years ago. With the assistance of various modern machinery and vehicles to transport heavy objects, the speed is twenty times faster. more than!
However, it was originally planned to take five years, but now it looks like it will be completed in three years at most.

Half of the land in the new city was sold, and the treasury revenue exceeded one billion silver dollars.

Therefore, the cost of building the city has been earned back long ago, and it is also profitable.

After walking around the construction site, Qin Mo simply came to the newly built new school.

This new academy will gather smart teenagers from all over the country. The best university teachers in the country will be gathered here, and these talented teenagers will be specially trained.

Of course, it is not a spoon-fed education, but they are allowed to do any experiment.

Qin Mo now has a list of schools from all over Qianzhou. There are about a hundred people in this list.

It is no exaggeration to say that the future of these one hundred young men has been contracted by Ming Dynasty.

After they graduate, they will directly enter the system for research.

Some technologies rely on the timely flash of genius.

Ordinary people may not be able to match the flash of inspiration of these geniuses in their lifetime.

Very ruthless and very realistic.

What Qin Mo found most interesting was that there was actually his grandson in it.

This boy is Brother Feng's eldest son, his name is Qin Yun, and he is only thirteen years old this year.

These children have come from Xijing one after another in the past two years.

On the one hand, it was because they were too busy with official duties and had no time to teach, so they were asked to study in Qianzhou. Secondly, Qin Xiangru wanted to have children.

Although Lao Qin doesn't care about the fourth generation, he still wants to see these children every now and then.

These children are simply smart and sensible, so each family picked one or two to come to Tokyo.

Although Xijing has risen to the challenge, Tokyo is, after all, a thousand-year-old ancient capital, and the atmosphere and heritage are really not comparable to Xijing.

Logically speaking, this kid has just graduated from compulsory education, but he has actually learned college content and even got an extremely good score in the exam.

It was precisely because of this that Feng Ge'er specifically asked Qin Mo to educate him.

After all, Qin Mo has many big names under his command, such as Fifteen and Sixteen, and the two pioneers of Xinxue.

Those two people have now become sub-sages, and both have golden bodies in the saint's temple.

Therefore, they feel relieved to let Qin Mo educate them.

Qin Mo was quite happy to see such a talented person coming out of his family.

"Who is Qin Yun studying with now?" Qin Mo asked Xiaoba.

"Back to the Supreme Emperor, the young prince prefers things like airplanes and rockets, and is currently studying with the Sixteenth King." Xiao Ba replied.

Qin Mo raised his head slightly, Li Xuan was also a genius, and now he had caught up with those in Xijing, and even came from behind to solve the problem of rocket solid fuel.

Qianzhou has carried out several rocket soaring experiments. To be precise, it is not a rocket soaring into the air, but a hugely powerful weapon, that is, a missile!

But now it’s just the beginning, everything is very crude.

Just like computers are being researched now. Although the clues have just been sorted out, in the next twenty years, maybe we will be able to research that bulky big iron box.

Fifty years from now everyone will be able to access the Internet.

A hundred years later, although Qin Mo can't see it, it must be the world he imagined at that time.

"Take the children over," Qin Mo said.

As a grandfather, he is indeed too arrogant. He really doesn't care much about the fourth generation of the Qin family and has no sense of responsibility for his own children.

But he thinks this is right, one generation controls the other.

It would be too tiring if we had to take care of it from generation to generation.

And at this moment, someone sent another urgent report, "Report to the Supreme Emperor, urgent report from the Western Regions, the Sun Cult launched a suicide attack, causing a huge commotion in the Tianxiang capital, with more than 500 casualties! "

(End of this chapter)