The Ming Dynasty started with saving the eldest grandson

Chapter 103 Counterfeit Banknotes
"Executive member Liu from the west of the city is buying treasure banknotes at a price higher than [-]%. Everyone who has treasure banknotes should hurry up and exchange them."

On the street, someone suddenly shouted loudly, causing many people to watch.

But more people remain indifferent.

In a tea shop on the street, several big men were eating around the table.

One of them said: "Brothers, why don't you go and take a look?"

Another person said: "Look at me, all my belongings are not worth a single coin, where can I exchange them for?"

Others also agreed that the minimum denomination of the treasure banknote is one hundred cents.

They are all poor and are basically not qualified to have access to treasure money.

The person who spoke first smiled and said: "You can collect two and save them first. Now for seventy cents, you can receive a hundred cents treasure note."

"If you pay it when you pay the summer tax, it will be like making thirty cents in vain."

Many people are interested, this is indeed a good idea.

But the other person gave up all their thoughts with two words:
"What if the court regrets it again? Even if the court doesn't regret it, will the officials be willing to accept the treasure money honestly?"

"I see, you'd better stop thinking about it and just earn some hard-earned money and be practical."

As soon as these words came out, the direction of the wind suddenly changed.

Those who were betting on the decline of Baochao had the upper hand, and the more they talked about it, the less confident everyone became.

One of the strong men touched his pocket, with a look of struggle on his face.

After a while, he finally couldn't sit still anymore, got up and left.

"Brother Hu, why are you leaving?"

"I have something to do at home, you guys eat first."

Brother Hu left without looking back.

People who knew him were very confused. Isn't his home in the south? Why did he go to the west of the city?

However, he was quickly attracted by the topic and put the matter behind him.

Brother Hu is a man of great strength. He gathered a group of people and established a foothold at the pier.

Although the work is very hard, the income is stable.Because he is the boss, he also has many hidden benefits.

So he still has some money in his pocket.

He also had a few treasure notes in his hand, and even one with regular money.

I thought I would save it and use it to pay taxes when the time comes.

But what everyone said made him shaken.

This is all hard-earned money. If the court policy changes by then, I will suffer a big loss.

It's better to sell it at a high price now, so you don't have to take risks and can make a small profit.

But when he saw the stall collecting treasure notes, he became unwilling to accept it.

Four months, just four more months, the price of these treasure notes will increase by [-]%, enough to allow him to work at the dock for half a year.

Did you just give up like this?

Just when he was in trouble, he saw the stall collecting treasure notes was in chaos:

"Counterfeit money, this is counterfeit money. How dare you cheat with counterfeit money? You are seeking death."

A middle-aged man in his 30s said in fear: "No, this is not fake. I earned it after working hard for more than a year. How can it be fake?"

"You still dare to quibble. If you look at the paper, you dare to say that the words on it are not fake... Go to the Yamen."

The middle-aged man was carried to the Yamen, leaving only the sighing crowd.

Everyone knew that he had been tricked.

This time when I went to the Yamen, even if it was proved that the counterfeit money was not made by him, he would still be fined.

Losing more inside and outside.

Seeing this scene, Brother Hu did not hesitate anymore, took out his treasure banknotes and came to the stall:

"I have some treasure money here, I'll change it."

Although he had not read any books, he had come into contact with people from all walks of life at the dock.

We know that privately minted copper coins are very harmful and will cause the coins to depreciate.

This is true for copper coins, let alone banknotes?
As long as there are counterfeit banknotes, it will be useless no matter how much the court collects, and the price of precious banknotes will not rise.It's better to sell it now and make a small profit.

There are many people who think like him, so hurry up and make a small profit.

But there is never a shortage of gamblers in this world, and many people choose to hoard precious money.

This one is going to make a lot of money.

Let’s talk about counterfeit money.

The middle-aged man was taken to the Yamen. After some torture and interrogation, it was finally proven that he was not the one who made the counterfeit money, and that he was also a victim.

But he still paid a large sum of money before he was released.

From then on, he no longer trusted Baochao. Not only that, it also affected many people around him.

This is all for later, let's not mention it for now.

As for the counterfeit banknote, the people in the yamen didn't care about it at first.

There are so many people making coins privately these days that the court can't do anything about it, and reporting them is useless.

You will even be scolded, "You have counterfeit money here, why did you find out about it?"Why not investigate?
When the time comes, the chicken won't be able to eat, but it will lose all its feathers.

In line with the principle that one thing is worse than one thing less, this matter will be dropped.

Coincidentally, a new official came to this yamen, and it was Enke who was newly promoted to Jinshi last year.

Come here to sharpen your skills.

A new official, who is also a Jinshi in the imperial examination, is naturally eager to make meritorious deeds.

I urge you to report this matter.

He was a serious scholar and had a bright future, and no one wanted to offend him.

So he reported the matter.

After going around and around, the report came into Zhu Biao's hands, and his expression changed drastically when he saw the counterfeit banknote.

Recently I have been learning monetary knowledge from Chen Jingke, and I have also learned a lot of economic theories.

He is more sensitive to counterfeit money.

Although privately minted copper coins are very harmful, they are still made of copper and have certain circulation.

Even if they know it is fake, people can still use it by pinching their noses.

But treasure banknotes are different. Once counterfeiting spreads, this thing will become useless paper.

All the plans of the imperial court will come to nothing.

Moreover, this matter will also affect the credibility of the court, and if we want to implement other reforms in the future, there will be even greater resistance.

No, this matter must be resolved as soon as possible.

Thinking of this, he picked up the report and the fake money and went straight to the palace.

After Zhu Yuanzhang saw the counterfeit banknotes, his eyes turned red and he said angrily:

"Check, check for us immediately, we will kill all nine of their tribes."

Zhu Biao stopped him and said, "Dad, calm down first, things are not that simple."

Zhu Yuanzhang stared at him and said, "What's wrong?"

Zhu Biao briefly explained the difference between copper coins and banknotes, and then said:
"Privately minted copper coins can still be used and will not affect the value of official copper coins."

"Bao banknotes are different. Once the news of counterfeit banknotes spreads, it will inevitably cause panic among the people."

"The treasure money will be really worthless by then."

"So this case needs to be investigated, but it cannot be investigated with great fanfare."

"Besides, this treasure banknote has been circulated countless times. How can we find out who made it at once?"

"A hasty attack will only alert the enemy and allow the thieves to hide deeper. It will be even more difficult for us to find them."

Zhu Yuanzhang also calmed down and said, "I don't know as much as you about the treasure banknotes. What do you think we should do?"

Zhu Biao said in a deep voice: "I asked someone to find Chen Jingke before I came here. Let's wait for him to come over and ask for his opinion. Maybe he has a better solution."

While they were talking, a chamberlain came in to report that Chen Jingke had arrived.

(End of this chapter)