The strongest emperor of the Tang Dynasty.

Chapter 715
Li Tai did not expect that Li Shimin refused to use his portrait.After all, it is definitely a great honor to be printed on coins in later generations.

So Li Tai said to Li Shimin: "Father, money is an eternal thing in this world. Some people will abandon their parents, and they will not abandon the money in their hands."

"How many sage kings have existed since ancient times, but how many are known to the common people? They can only live in ancient books and historical records, and are known to a very small number of knowledgeable people."

"But if the portrait of the father is printed on the coins, I am afraid that the people of the world will never forget the father. Only then will the father's real name last forever."

Hearing Li Tai's words, Li Shimin couldn't help but nodded, but he still couldn't care less.So he opened his mouth and said to Li Tai: "Can I change my portrait to my name?"

"Father, you don't know that the banknotes issued by my son have many anti-counterfeiting marks. The most important one is the portrait of the father." Li Tai said to Li Shimin.

Then Li Tai held the coin up to the sun, and the steel seal hidden in the middle of the coin appeared very clearly in front of Li Shimin.

Finally Li Shimin was persuaded.However, Li Shimin asked Li Tai to change himself from the dragon robe to the armor.

This is also Li Shimin's last self-consolation, because when he was wearing armor and carrying a weapon, he was just Li Shimin, the king of Qin who was the strategist of the Tang Dynasty.Not the Emperor of the Tang Dynasty.

Naturally, Li Tai would not reject Li Shimin's proposal.So Mo Tiannan and Gao Ping were ordered to hand-carve the template on the spot according to Li Shimin's portrait in armor.

Mo Tiannan and Gao Ping are not comparable to ordinary craftsmen.So they quickly made two templates, and then printed a hundred-yuan bill in front of Li Shimin.

Li Shimin was very satisfied after reading it, and then said to Li Tai: "I am more optimistic about this paper currency, and hope that one day you can promote it in the world. At that time, it will save a lot of resources for our Datang."

"Father, it's easy for the people to accept Kaiyuan Tongbao, but it's not easy for them to accept paper currency. It needs a gradual process."

"However, I am confident that I will make it the only currency of the Tang Dynasty one day. But at present, I can only implement it in my country, and it will be implemented together with Kaiyuan Tongbao." Li Tai said to Li Shimin.

"Changing the style of coins is naturally acceptable to the common people. But changing the real gold and silver in their hands into paper coins is indeed not an easy task." Li Shimin nodded and said.

"Although the father and son printed this paper coin, they did not name it. Because the son thinks that only the father is qualified to name the coins of the Tang Dynasty." Li Tai saluted Li Shimin.

"It was your grandpa who changed the five baht coin that has been popular for nearly a thousand years into the current Kaiyuan Tongbao. And the unit of your coin is also yuan. The regime created by my Li family uses Datang as the country name, so this paper coin is called Tang Yuan." Li Shimin said after thinking about it.

"Father is right. The coin of my Great Tang Kingdom is called Tang Yuan. From now on, this paper coin will be called Tang Yuan." Li Tai happily said to Li Shimin.

"Although this Tang Yuan can replace the existing Kaiyuan Tongbao, there is one thing that people are most worried about. That is, it is printed on paper after all. How can you guarantee that Tang Yuan will always have the current value?" Li Shimin asked Li Tai.

"Father is right. The circulation of the Tang Yuan must be strictly controlled. Therefore, my son is planning to implement the gold standard. That is to say, the number of coins will be implemented based on the country's gold reserves." Li Tai said to Li Shimin.

Although Li Tai knew what the disadvantages of the gold standard were, that was the amount of gold reserves, which might not be able to meet the needs of market transactions.At that time, I am afraid that there will be a collapse of the gold standard.

After all, there have been gold standard collapses in history, but Li Tai really has no other way at present.If the current paper currency standard is implemented, it will be impossible to gain the trust of the people.

However, the gold standard adopted by Li Tai is still different from the gold standard in history.It is nothing more than calculating the gold content of the currency.

Therefore, the gold standard promoted by Li Tai is actually a level between the gold standard and the paper money standard.It can also be said that Li Tai secretly changed the concept.

After all, in the Tang Dynasty, gold was not a currency in circulation, so Li Tai formulated a conversion method himself.Finally, determine the number of Tang Yuan issued.

Li Shimin was taken aback by Li Tai, and finally nodded and said to Li Tai: "Although this method is good, it has certain risks."

"If someone colludes secretly and uses a huge amount of Tang Yuan in their hands to exchange gold with you. At that time, you must take out enough gold to deal with their conspiracy."

"So you must have a sufficient amount of gold in your hands as a support, otherwise you may be put in a passive state. What will happen at that time, you should know without me telling you."

"Father is right. My son has already made sufficient preparations to implement Tang Yuan. That is to use 33 heavens to hoard gold wantonly. Now my son already has a certain amount of gold in his hands."

"Even so, the gold in my son's hands is difficult to guarantee the normal issuance of Tang Yuan. So this matter still needs my father's help." Li Tai said to Li Shimin with a smile.

"I knew that you must have set my mind on me. Although I have a lot of gold in my hand, I can't give it to you for nothing." Li Shimin looked at Li Tai and said.

"How can I let my father take out gold for nothing? My son will use Tang Yuan to buy it from my father." Li Tai said to Li Shimin with a smile.

"You should keep Tang Yuan for yourself. You use Tang Yuan to buy gold in my hands. In the end, Tang Yuan is useless in my hands. After all, Tang Yuan is only useful in your own country now."

"So you use Tang Yuan to buy gold from me now, it seems to be no different from a white wolf with empty gloves. You should bring something real." Li Shimin said to Li Tai.

Hearing what Li Shimin said, an embarrassed smile appeared on Li Tai's face.After all, what Li Shimin said was reasonable, he couldn't let Li Shimin go to Li Tai's vassal state just to spend the money in his hands.

"How about the exchange of silver and grain, but I don't know how much gold the father and son can exchange." Li Tai asked Li Shimin.

In the end, after some bargaining between the father and son, Li Shimin decided to offer 50 taels of gold for Li Tai.Come to support Li Tai in promoting Tang Yuan.

Although 50 taels of gold is not a lot, it is enough for Li Tai now.After all, he still has a lot of gold in his hands.

But for a longer-term plan, Li Tai decided to continue buying gold.And the most suitable person to buy gold for Li Tai is Li Shimin.

Finally Li Shimin sighed and said: "You kid is always thinking of plotting against me, but for the sake of your country and the people, I will help you again."

(End of this chapter)