Zhu Yuanzhang can see my dreams

Chapter 109 109 No one here is a good person (please subscribe)

Wang Buli looked suspicious. Why did he ask?

Could it be that you want to propose marriage to me?

inappropriate.

"Go back to His Majesty the Crown Prince, my father is already making preparations."

Wang Buli's answer made Li Jinglong very dissatisfied.

Just say you're not married, what's the point of talking about it?

If the prince proposes marriage to you, even if it is a concubine from a noble family, it will be a blessing that you have cultivated in eight lifetimes.

However, Li Jinglong then thought about it and thought that Wang Buli was a man with great ambitions and wanted to be the prime minister in the future. It might not be appropriate to marry a concubine.

Zhu Biao nodded and said without following this topic:

"Wang Buli, I just heard from Li Jiujiang that you are familiar with the Ming Dynasty laws. If you catch these people involved in the counterfeit banknote case, how should you be punished?"

"According to the laws of the Ming Dynasty, you should be beheaded."

Wang Buli didn't hesitate at all. If Lao Zhu punished him for this kind of thing, it would be death.

"But what he said just now is that you want to intercede for the craftsman who made the counterfeit money?"

Prince Zhu Biao waved his arms and leaned forward slightly:

"You mean that even if we deal with this group of criminals in the counterfeit banknote case, we still can't stop the trend of counterfeit banknotes?"

Li Jinglong felt like shit, he should have said it was me just now, how could he put all these words on Wang Buli's head.

According to the laws of the Ming Dynasty, he should be executed, but Wang Buli wanted to intercede for the person who made counterfeit money.

Now he's shooting himself in the foot, which is going to be troublesome.

"Dare you ask His Royal Highness how much money you spend on weekdays?"

Wang Buli ignored this question and focused on asking you questions and I asked mine.

Zhu Biao was obviously stunned for a moment when Wang Buli asked.

We told him this, why did he tell me that?

"No flowers."

Wang Buli turned his head and asked, "Do you two have the opportunity to spend money in person on weekdays?"

Lan Yu shook his head slightly. He had been fighting in the army. Even when he returned home, it was his wife who took care of the money, and he didn't care at all.

Even if we went out to drink tea and eat in the past two days, it was all paid for by the guards around us and reimbursed when we went home.

Li Jinglong has not yet had any experience in the military.

When it comes to spending money, as soon as he opens his mouth, many people will help him get it done.

Which noble second generation has no need to bring his own money?

"Your Highness, since the Ming Dynasty last year's treasure banknotes, this year, we will not say anything about washing clothes, being exposed to rain, or accidentally tearing a corner of the treasure banknotes.

Normal banknotes will get old as they are spent throughout the year, right? "

"Correct."

Zhu Biao nodded.

"Young Master, if I have two treasure banknotes, one new and one old, to spend at Ye Qinhuai, do you think the accountant would like me to give him the new banknotes or the old banknotes?"

"Of course it's new money."

Li Jinglong also checked the accounts to prevent anyone from embezzling his profits, which were all His Majesty's money.

Old banknotes are difficult to identify and easy to counterfeit.

"No, I should have both."

Lan Yu argued hard. He had also heard about Ye Qinhuai's name, and a precious note was simply not enough to spend.

"Ah, yes, yes." Li Jinglong nodded repeatedly.

"General, I am using this as a metaphor, just like the contact with a drifting bottle."

The corners of Lan Yu's mouth curled up, her head continued to rise, and she ignored Wang Buli's words.

Wang Buli couldn't help but rolled his eyes, why did he meet Lan Yu, a steel bar? He was suitable for working on construction sites.

"His Royal Highness the Prince himself can tell that the common people like the new and hate the old when it comes to treasure banknotes."

"you're right."

Wang Buli spread his hands and said: "It's been a long time, and the old banknote says 100 Wen, but why should I recognize it?"

Even if I recognize a hundred coins, if I take it to spend it, will the next person recognize it?

Going a step further, His Royal Highness, the government does not even recognize the old banknotes.

I, an ordinary citizen, don’t have much money, so why should I suffer this loss!

Isn’t this damn thing bullying thousands of honest people?

Once public dissatisfaction deepens, the consequences will be disastrous.

Even though people know that the money they have is counterfeit, as long as it is new and can be spent, it is genuine.

Besides, how many people in the Ming Dynasty can read and understand the words written on treasure banknotes? "

Zhu Yuanzhang, who was sitting behind him, was also buzzing at this time.

He did not expect that old and new banknotes have different values ​​in the eyes of ordinary people.

Lan Yu didn't understand what Wang Buli meant when he said these words that had nothing to do with the case, and just stood there in a daze.

He was not interested in these things at all. He enjoyed discussing the direction of the war and deducing the war.

As for Li Jinglong, he had no idea what Wang Buli was talking about using this example.

The prince just wanted to reward you, so why did you get into this topic?

Zhu Biao retracted his scrutinizing movements and leaned on the large chair.

Although the topic was distorted by Wang Buli, what he said was quite reasonable.

Zhu Biao is not very familiar with economics.

His father, Zhu Yuanzhang, didn't have any knowledge in this area, so he himself was said to be ignorant, let alone his great son who taught him.

It is true that Song Lian is a famous scholar.

But he is just a person who writes to encourage students to learn.

Being Zhu Biao's teacher is completely sufficient.

But does he understand economics?

In the Ming Dynasty, no one taught the prince anything about Ming Dynasty economics!

This area is completely blank.

Paper money economics in the early Ming Dynasty was a mess.

It's not as good as the illiterate Mongolian Tatars from outside, who did well in the Yuan Dynasty.

In the Yuan Dynasty's governance, many things were done very badly.

But as far as taking out banknotes is concerned, the people who made this policy still have a pretty good level of economics.

At least it conforms to the laws of economics, borrowing doctrine from the Song Dynasty and applying it well.

When the Yuan Dynasty issued banknotes, silk and silver were used as reserves.

If there is no gold and silver, no banknotes will be issued, and there will be a quota for issuance.

Holders of banknotes could exchange them for gold and silver from the court at any time. They were convertible banknotes, but exchange was not allowed at all in the Ming Dynasty.

This is because Zhu Yuanzhang did not receive this kind of education. He only saw the Yuanfa banknotes, and he selectively adopted doctrine.

Of course, the Yuan Dynasty also inherited the core of the paper currency (Jiaozi) system from the Song Dynasty, which was not passed to Zhu Yuanzhang at all.

The Yuan Dynasty banned the use of copper coins and stipulated that banknotes called "Jiaochao" were the currency in circulation.

Therefore, at that time, China also became the first country in the world to fully use banknotes.

In order to prevent counterfeiting, the words "Forgers shall be punished by death" were clearly written on the banknotes of the Yuan Dynasty.

As nomadic people, the Mongols have no tradition of controlling land and collecting taxes.

Instead, they attach great importance to "taxation" in the circulation process.

This is why the tax package system is extremely popular in Dayuan!

Of course, the Yuan Dynasty was also due to the "Buying" inherited from the Song Dynasty, which was a prosperous business.

In the Yuan Dynasty, some people paid taxes on rivers, bridges, ferries, and wine all over the world. What's more, some people wanted to pay millions of taels of silver to cover the world's salt tax.

These people are almost all monopolized by local powerful people.

With the fall of the Yuan Dynasty, the tax farming system was shattered.

However, the Yuan Dynasty issued a large amount of paper money, which was a very convenient and good way to seize wealth from the people.

The Ilkhanate (1258-1411) in West Asia also wanted to adopt this convenient paper currency system, so it invited craftsmen from the Yuan Dynasty and tried to issue paper money.

However, local businessmen did not recognize the value of banknotes and failed.

Kublai Khan, the founding emperor of the Yuan Dynasty, attached great importance to commerce. The "Maritime Silk Road" and the "Steppe Silk Road" from the Persian Gulf to the coast of China were connected together, creating a commercial route across Eurasia.

Marco Polo wrote in his travel notes that wherever he went, he could pay with banknotes.

Because in Marco Polo's view, it was incredible that people in the Yuan Dynasty could buy very valuable items with just a few pieces of paper.

It was not until the UK learned this method that it broke the silver standard and used the gold standard, which improved the credibility of pound notes and made them a currency in circulation.

The Ming Dynasty's treasure banknote collection department had a fairly complete bureaucracy, but when printing treasure banknotes, there was no reserve.

In form, there is no difference between the Yuan and Ming dynasties, but there are essential differences in nature.

Since the production of Ming Dynasty banknotes began in the eighth year of Hongwu, no reserve system of any kind has been established.

Its printing, issuance, circulation, and use are completely dependent on the enforcement of the state's political power, and it is a non-convertible currency.

The Ming and Song Dynasty banknotes established boundaries every three years and were replaced. The Ming Dynasty banknotes did not establish boundaries when they were first created.

However, the exchange of banknotes is very important, but the exchange of treasure banknotes in the Ming Dynasty did not form a long-term system.

Even if the switching method was later implemented, it was open and closed at times, and did not form a long-term effective system. Moreover, it was a one-way exchange, only releasing but not collecting.

As Wang Buli finished speaking, no one in the hall was talking. After a long time, Zhu Biao couldn't figure it out, so he asked: "Wang Buli, what do you mean by telling us this?"

"Your Highness, I am only worried about myself."

"What are you worried about?" Zhu Biao was a little surprised.

Wang Buli didn't know how to explain inflation to Zhu Biao, so he just said:

"I receive a salary from the imperial court, and the imperial court issues precious banknotes. I may not be able to buy a kilogram of rice in the future with a regular amount of precious banknotes."

Zhu Biao frowned and kept thinking. This was something he had never studied before when dealing with government affairs.

It was true that Wang Buli gave him a big problem when they met for the first time.

As for Zhu Yuanzhang behind him, he also frowned and thought about a solution.

Don’t say that Xiao Zhu doesn’t know it, and neither does Lao Zhu!

Both father and son were embarrassed.

It can be said that Zhu Biao was really embarrassed about Wang Buli's first meeting.

Wang Buli glanced at Zhu Biao and said, "My words of advice are very offensive to my ears."

Even if you, the current prince, have to eat my shit.

Even if Lan Yu forcibly pulled me over to face the Holy Spirit, he wanted me to become a princeling.

Then I will give full play to the skills of "Xiao Nei".

Since you can't escape, I'll just follow the counterfeit banknote case to dig a hole for you, and you can figure out a solution on your own.

If you get angry out of shame, you'd better put me in the position of a minor official and let the prince get busy and clean my forgotten claws.

Li Jinglong looked at Prince Zhu Biao's face and felt something was very wrong.

Wang Buli's words made some sense, but he couldn't figure out what was wrong.

"Are you saying that the money the imperial court issued to you will no longer be worth the money once you spend it?"

Lan Yu glanced sideways at Wang Buli.

Wang Buli also glanced at Lan Yu. Isn't he very smart?

Why was it that in the later stages, he couldn't clearly see the situation?

Zhu Yuanzhang not only deceived the common people, but also deceived his ministers.

Salaries in the Ming Dynasty are notoriously low. The monthly salary of a seventh-grade county magistrate is seven and a half meters.

He not only has to use it to support his family, but also the people under his command.

Wu Wei, the official county magistrate of the capital, can be said to hold many positions, including court, finance, taxation, industry and commerce, construction, etc.

He has many senior attendants under him, including gatekeepers (this is very important), judges, watchmen, sealers, masters, and cooks.

As for taxes, you have to put the people you brought with you to avoid being deceived by the officials below.

These people have to rely on him to support them, and they have to reward local officials like Wang Buli from time to time to drive them for him.

Not to mention that those who are officials have to welcome people to the party (party), send (community) to (private), and travel around every year and festival. This salary is really not enough.

And when it was time to pay wages, Wu Wei sent people to collect wages. In addition to giving some rice to carry back, they also handed out banknotes.

Once banknotes depreciate, giving you a pile of waste paper, officials' salaries will be even lower.

Their probability of corruption will also greatly increase.

Don't think that just because you are an official, the person who pays your salary will give you new money. There are many people with higher grades than you. Who do you think you are?

The new banknotes must not be used to pay salaries to the first, second and third grade officials?

Most of the money is flowing to those who are not short of money.

After being reminded by Lan Yu, Zhu Biao said:

"It's so late. The three of you haven't eaten yet. You have to work hard tonight. After all the prisoners come over, you, Wang Buli, will be the presiding judge. Let's go eat first."

Zhu Biao then ordered the eunuchs to give them a banquet and go to the next door to eat.

After the two left, Zhu Yuanzhang also appeared.

"Dad, what Wang Buli said is very serious."

Zhu Shou was a little excited. In one year, nearly 600 craftsmen of the Ming Dynasty Baochao Department produced 5.5 million ingots in ten months.

Twenty years after Hongwu, when the value of treasure notes was around 15 million ingots per year, the value of treasure notes began to depreciate sharply.

The eighth year of Hongwu was a watershed in the Ming Dynasty's unification war. The main reason was that the Ming Dynasty successfully pacified Sichuan and fought several small battles with the Northern Yuan Dynasty.

Military operations and material rewards are inseparable. It is necessary to boost morale and reward the victors, otherwise the unfinished war of unification will be unsustainable.

There is no money to fight a fart war!

Without rewards, how can soldiers be motivated?

Originally, the income of soldiers was not high, and they were all waiting for a small reward.

In the early Ming Dynasty, the annual income was only 20,000 to 30,000 taels of silver, which was far from enough for many expenditures. It was not until Zhu Di came to power that the fiscal revenue barely exceeded 100,000 taels of silver.

At the same time, the Ming Dynasty's ability to cast copper coins was also extremely limited. First of all, there was a shortage of copper ore raw materials.

All in all, eight years ago in Hongwu, the Ming Dynasty's metal currency stock was at most about 20 taels of silver.

This fiscal and monetary revenue reserve capacity is simply unable to sustain the country’s normal fiscal expenditures and various temporary fiscal expenditures.

In particular, huge military financial expenditures must be provided to ensure the smooth progress of the unification war.

From the beginning of the Unification War in the early Ming Dynasty, the country faced a severe situation of severe fiscal deficit.

The fact that the Ming Dynasty's finances were insufficient can also be understood from the correct memorial written to the provincial ministers in the first year of Hongwu.

Under this situation, Zhu Yuanzhang's only option was to issue non-convertible banknotes to meet fiscal expenditure needs and relieve fiscal pressure.

The issuance of Ming Dynasty treasure banknotes in the eighth year of Hongwu was directly driven by military and financial needs in the early Ming Dynasty.

Of course, another period with huge amounts of treasure money expenditure was the Yongle Dynasty.

Because Zhu Di wanted Zheng He to make six voyages to the West, five expeditions to Mobei, an expedition to Annan, and the construction of Beijing.

The astronomical figures for this series of expenditures cannot be overstated.

Otherwise, why would Zhu Pangpang keep saying, no money, no money, really no money.

Because Zhu Laosi never cares about money.

Before he ascended the throne, he asked for it from the princess, but after he ascended the throne, he asked for it from his fat son.

Originally, the Hongwu Dynasty was printing treasure banknotes like crazy, and to put it bluntly, hundreds of millions of treasure banknotes were stranded.

Yongle printed a lot more, further increasing the number of Ming Bao banknotes, so the depreciation of Ming Bao banknotes is obvious.

In the past two generations of monarchs, the Ming Dynasty treasure banknotes were almost the same as gold yuan coupons, and they were even disgusted by them.

Under expansionary fiscal policy, currency depreciation is inevitable.

Marshall said that if the quantity of currency in a country increases, other things remaining unchanged, the value of each unit of currency will decrease accordingly.

If the amount of currency is still likely to increase, the value of each unit of currency will fall even more.

Economics is inherently obscure and difficult to understand, and Zhu Yuanzhang and his son looked at each other with big eyes.

They only know that printing money can do many things, but they have never thought about the harm caused by precious money.

"Dad, is Wang Buli alarmist?"

Zhu Yuanzhang learned from the lesson of the demise of the Yuan Dynasty that as far as treasure banknotes were concerned, he only gained the understanding that ministers and people were making counterfeit banknotes together.

That’s why we are cracking down hard on those who make counterfeit banknotes.

Moreover, Zhu Yuanzhang believed that Kublai Khan continued to print money in order to fight everywhere, and achieved relatively good results.

As for the Yuan Dynasty's method of exchanging banknotes, Zhu Yuanzhang believed that it had only been one year since the banknotes were issued, so there was no need for this follow-up method.

"No."

Zhu Yuanzhang stroked his beard and said: "We have no clue. Let's call the people from the Ministry of Household Affairs immediately. We will study it. If we don't solve this problem, we won't sleep."

"it is good."

Zhu Yuanzhang is a person who does what he says.

As for the ministers in the imperial city who have gone home for dinner after get off work at this time, they still have to be called back.

Wang Buli and three others were taken by eunuchs to a side hall.

As the main trio who solved the counterfeit money case, they sit on the table in Chapter 1.

Sitting on Wang Buli's right is pig teammate Li Jinglong (the first generation war god of Ming Dynasty), and sitting on his left is Steel Sapphire (a famous general of the second generation of Ming Dynasty, a master of committing suicide).

Both of them are staunch princelings, surrounded by a small man pretending to be a princeling.

In short.

No one here is a good person.

Li Jinglong sat on the chair and couldn't help but ask:

"Wang Buli, the prince asked you just now about interceding for the forger. Why did you turn to the matter of the worthless treasure?"

"I don't understand. Can you tell me what you think?"

Lan Yu sat aside with his eyes closed, not intending to get involved, mainly because he didn't think about it and would not speak easily before he understood it.

In order to avoid being seen through by the fans around us, we have to maintain our own image.

Facing Li Jinglong's questioning, Wang Buli turned his head and said, "I'm so bored."

"what?"

(End of this chapter)