back to ancient times to be emperor

Chapter 592

Lin Zhenzhong was so frightened that cold sweat broke out on his forehead after hearing these heartbreaking words.He wanted to make an excuse, but after hearing the little emperor's words, he knew how absurd his proposal was: "The reason why I have repeatedly ordered that as many copper coins are withdrawn, as many gold and silver coins will be minted, is that the money supervisor cannot be allowed to mint coins indiscriminately. Mint a large amount of coins sparingly. As the saying goes, rare things are valuable. If there are too many copper coins, silver coins, and gold coins, the money in the hands of the people of Dashun will be worthless, and Dashun will be in chaos. In this way, Dashun will not be defeated by the enemy It’s your fault, but you broke yourself. Lin Qing, don’t underestimate the little copper coin you are in charge of, it bears the mission of changing the country’s rise and fall!”

Hearing Lu Chengqi's words, both Lin Zhenzhong and Xu Chongguang felt a little enlightened.Lin Zhenzhong was even more convinced: "Your Majesty's words are absolutely true!"

"Get up!" Lu Chengqi said slowly, "The matter of minting coins is absolutely unacceptable! In the past two years, Dashun will not need to issue additional coins. There are enough copper coins recovered before, and almost all of them are scattered. Such a large amount of money Flowing into the people will alleviate the money shortage, and even cause the value of copper coins to drop a little. The people have already complained. If more coins are issued, won’t the lives of the people be killed? What we need to do now is not to issue more coins, but to recycle them .”

After Lin Zhenzhong stood up, he heard Lu Chengqi speak easily, and couldn't help asking: "Dare to ask Your Majesty, how to recover the currency?"

"Does Lin Qing know that the Royal Bank has a deposit and withdrawal business?" Lu Chengqi smiled mysteriously, and asked in an unhurried manner.

Xu Chongguang's eyes lit up: "Could it be that His Majesty wants to increase the interest on saving money?"

Lu Chengqi couldn't help admiring this old man Xu, he was indeed a person who had been the secretary of the household department for many years, and he had a keen intuition about the economy beyond imagination.In this regard, Lin Zhenzhong is much worse. "Xu Qing is right. The interest rate is to be raised to attract people to put money into the Royal Bank, thereby reducing the amount of copper coins circulating in the market. But the rate of increase should not be large, otherwise, the money shortage will appear again..."

Lin Zhenzhong also understood: "Your Majesty's move is really high! It's just..."

"Just what?"

Lin Zhenzhong plucked up his courage, and still chased after him fiercely and said, "It's just recycling copper coins, which has nothing to do with the treasury?" Indeed, although the Royal Bank is directly controlled by the imperial court, even Xu Chongguang has no right to mobilize the money in it. .Only when the seals of Lu Chengqi and the cabinet are affixed on the imperial decree can he have the right to transfer the money in the Royal Bank's vault.

Lu Chengqi nodded and said, "That's right, this can only alleviate the excessive expenditure of the national treasury, but cannot cure it. Moreover, this method is too slow to take effect, and the distant water cannot save the nearby fire."

Speaking of this, Lu Chengqi deliberately stopped.Lin Zhenzhong and Xu Chongguang looked at each other, and Lin Zhenzhong came forward and said: "Your Majesty, how about reducing the military pay? Your Majesty should also know that since His Majesty reformed the military pay, the national treasury has been really overwhelmed. If it goes on for a long time, I am afraid that the Khitan people did not call. Our treasury It's empty first..."

Lu Chengqi thought: "As expected, the fox's tail is still exposed..."

The more the enemy wants to achieve, the more difficult it is for him to succeed!Lu Chengqi has never read military books, but the reason makes sense.Military pay is the guarantee of morale, and it is rare to correct the weak culture of the Han people. If it is said to be cut, what will those soldiers think? Who else would dare to be a soldier?
"No!" Lu Chengqi briefly and flatly rejected the proposal, "There is no need to mention this matter, the military pay can only be increased, not reduced!"

"But Your Majesty, if this is the case, the treasury will..." Lin Zhenzhong was anxious, and he observed the face of his teacher, Xu Chongguang, while talking.Xu Chongguang's eyes also flashed a cold light, as if he had expected it.He said slowly: "Your Majesty, there is a saying in the "Tao Te Ching", 'A warrior is an ominous weapon, or an evil thing, so one who has the way should not go there. The left is more expensive for a gentleman, and the right is more expensive when he uses soldiers. The ominous weapon of a soldier is not a gentleman's weapon. It must be used as a last resort. Tranquility is the most important thing. Victory is not beautiful, but the beautiful one is happy to kill. Those who are happy to kill cannot be ambitious in the world. Auspicious things are left, The evil is on the right. The general is on the left, and the general is on the right. It is said that it is a funeral. The murderers are mourned, and the victors are treated with funerals. The ancients still believed that the soldiers were unknown, and there was no war at this time. Wouldn't it be a waste to increase the burden on the treasury to have so many soldiers?"

"I have heard that, 'Born in sorrow and died in peace', do we have to wait for the Liao Kingdom to fight before we conscript? There is a saying that raising soldiers for a thousand days, and using them for a short time. Raising soldiers is not a matter of rushing to fight in wartime, so that they can form combat effectiveness I'm afraid Xu Qing knows this truth better than me! If there is no army to protect us, the people of the world will be safe all over the world? Therefore, the military pay must not be cut!" Lu Chengqi said firmly.

"Your Majesty, what should we do if the national treasury is empty?" Lin Zhenzhong threw out his trump card. If he refused to mint coins or reduce the army, what else could he do?
Could it be that Lu Chengqi was in the mood to make a joke: "It's better to cut the salary..."

As soon as these words came out, Lin Zhenzhong and Xu Chongguang blurted out anxiously: "Your Majesty, no!"

"I'm just kidding..."

Lin Zhenzhong and Xu Chongguang were teased by Lu Chengqi, they looked at each other, not knowing whether to cry or laugh, they sat stiffly, full of embarrassment.

Lu Chengqi was in a good mood, and said methodically: "I have an idea, if it is done well, there will be no such thing as an empty treasury."

Su Shi responded, "Dare to ask Your Majesty what is the solution?" Little did he know that his actions fell into the eyes of Lin Zhenzhong and Xu Chongguang, which confirmed that he was Lu Chengqi's confidant, and they were even more wary of him.Second-rank official, beware of a ninth-rank sesame official, it's funny to say it, but in fact it is true.

"I intend to issue the Dashun national debt in the name of the imperial court."

"Dashun national debt, what is it?"

Lu Chengqi explained: "National debt, as the name suggests, means that the country borrows money from the people. In layman's terms, it means that the imperial court borrows money from the people, guaranteed by tax revenue, for a period of one to three years, and the principal will be returned with interest at that time. Development, business tax has repeatedly hit new highs, are you afraid that the court will not be able to pay it back?"

As soon as he finished speaking, Xu Chongguang blurted out: "Your Majesty, no!"

Lu Chengqi frowned and said, "Why can't you? Tell me you're ugly!"

"Your Majesty, the court borrowed money from the people. This move is unheard of! Not only will it hurt the court's prestige, but it will also make the people guess differently. I'm afraid that three people will become tigers!" Xu Chongguang said earnestly, but Lu Chengqi couldn't listen.

"Xu Qing's words are wrong. The issuance of national debt by the court can make more people unite with the court. Why not do it? National debt is also equivalent to currency, but it cannot be circulated. As for three people becoming tigers, there is no need to worry. Daddy What is the most obedient? Newspapers! As long as the common people read the newspapers, they will know the benefits of the national debt, and they are worried that three people will become tigers?" Lu Chengqi retorted one by one, and Xu Chongguang and Lin Zhenzhong stared at each other.They just wanted to make use of the problem, but they didn't expect that the little emperor was already prepared and even thought out the countermeasures.

In fact, they overestimated Lu Chengqi. He just had a flash of inspiration. When he heard Lin Zhenzhong said that he would issue additional coins, he suddenly thought that there is a weapon such as national debt.

(End of this chapter)