Powerful Song Dynasty

Chapter 1133 The clues of the economic crisis

While they were talking, Ouyang Che was sitting dangerously in Wang Xiu's office in Dutang, listening to Wang Xiu and Shen Mo talking.

"This year, the imperial court tried to issue 1000 million banknotes on Sichuan Wulu. The existing gold and silver in the Taifu of the Ministry of Households could not support them. If they were to be printed in large quantities, the value might depreciate, causing panic among the people, and merchants refused to use them for transactions. The imperial court Credibility will be damaged," Silence said a little emotionally.

When he came back from Kaifeng, he began to arrange the preparations for the Huangsong Baochao, but he used Sichuan as a test site and used Baochao instead of Jiaozi, but the effect was very bad.

The reason is simple. The gold and silver guaranteed by the treasure banknotes are borne by the imperial court. However, the Northwest War and the preparations for the Northern Army consumed a large amount of reserves in the household treasury, which led to the inherent shortage of the treasure banknotes trial.Jiajiaozi is a Shuchuan businessman who prepares his own gold and silver as a guarantee, which has an inherent advantage. It is a century-old reputation of private capital, and it is not issued as currency, but a certificate for commercial transactions, which cannot be compared with precious banknotes.

Let me tell you that even gold and silver are not spent indiscriminately. The main currency in the market is copper coins. Gold and silver are used for bulk goods settlement, and even for the imperial court as reserves. If you spend silver, it must be scattered silver. For a piece, it has to go through other people's appraisal of authenticity, fineness, and weight, and it may really result in a lawsuit.

Seeing the silent and heavy expression, and the look of grief, Wang Xiu also felt that it was a bit difficult to handle, and realized that the pilot seemed a bit hasty.

He originally believed that the Northwest War would stimulate economic development, but he did not expect that it would backfire. He chose the wrong place for the trial, and the time was also in a weak period. As a result, the treasure banknotes did not have a large amount of gold and silver as a guarantee, and could not compete with Jiaozi.

What's more, after more than ten years of development, the Song Dynasty's economy has reached a certain bottleneck, which is the so-called economic crisis.This is not because production capacity is greater than consumption, but because some high-end and high-end products are becoming saturated, while low-end products are still normal, and the market has undergone abnormal changes.

"I was also careless. The application of new technologies has not been widely applied to the people. Of course, there are reasons for the high cost and high price. The root cause is that I am too impatient." Wang Xiu summed up the gains and losses, thinking that he still made mistakes. He made a big mistake, and he was outspoken and unabashed.

"The low-level people did not get much benefits. This situation must change. The development of new technology products must be changed to cheap ones, so as to ensure the health of the market. Also, I did not seriously weigh and make a decision. Shuchuan will never It is suitable for the implementation of precious banknotes, and the national treasury is empty after the war, so it should not be issued in a hurry."

Ouyang Che has a deep understanding of Wang Xiu's conclusion. A clock needs at least [-] bells, which is almost equivalent to a house. How can ordinary people afford it? And those exquisite gear mechanisms, of course, can be used When it comes to Nongsang water conservancy, the price is high, and it can only be used by government or large commercial firms, and the people can only watch it helplessly.

Silence is also very shameful, he presided over the trial of Baochao, and he also advocated the selection of the location, but he didn't consider it thoroughly, so he had to shake his head and said: "Wenshi, now is not the time to blame yourself, you should come up with a solution, Baochao will not allow any mistakes. "

"That's natural." Wang Xiu looked at Shen Mo seriously, and said seriously: "This is a big problem. The key is how the court collects the principal before it can make corrections."

"My lord, overseas trade..." Ouyang Che hesitated.

Shaking his head silently, he said dejectedly: "Deming, you just came back from the middle of Sichuan. Over the past two years, overseas trade has shown signs of stagnation."

"Oh." Ouyang Che was taken aback. Could it be that the expeditionary army has achieved brilliant results, but it is not good for trade?This is a bit of a stretch.

Wang Xiu's eyelids twitched, and he also realized the problem. He encountered a bottleneck in his development. It was not a big deal at first, but because of a change in the treasure banknote, it can be said to trigger a crisis. How to break the situation?

"Overseas trade is mostly about valuables, which are of little help to the people. We control a large area of ​​resources, but it takes time to develop them. I hate those profiteers who produce indefinitely, making the market oversupply. The daily necessities that people need The lack of supply has caused this embarrassing situation, and I really want to kill those people's greed." Silence seemed to think of something, and he couldn't help saying bitterly.

"There are also some profiteers hoarding goods. In fact, limited hoarding is also a good thing. After all, some goods are already saturated in the market, but they even hoard goods that are related to the daily expenses of the people. As a result, the issuance of precious banknotes in the market continues to increase, while daily necessities continue to increase. The land has been reduced, so that holding precious banknotes is no more useful than copper coins, which has damaged the prestige of the court, and it is unbearable."

"It makes sense." Wang Xiu agreed with the silent point of view. Fei Su once wrote a letter saying that the business alliance headed by the Shi family hoarded goods for profit. The degree of competition with the imperial court.

It is true that there are disadvantages to hoarding goods, but it can also maintain a balance between supply and demand to a certain extent. It is just that the behavior of those people endangers the trial of the treasure and violates the bottom line of the court.

There is also an important one, that is, to achieve staged victories in overseas campaigns, there needs to be a process to obtain benefits. After the war, you can get a lot of wealth, but it is all one-time. If you want long-term development, you must slowly digest it. As a result, it will take a long time to gradually build a sound social production system.

Ouyang Che has a deep understanding. Shuchuan has developed agriculture and commerce, and it is common for merchants to hoard salt and grain, which has caused harm to the people.

"Oh, if the fleet from the East China Sea comes back, it will definitely ease the situation." Wang Xiu said thoughtfully.The Shijian Silver Mine is the largest silver mine of the Japanese. One of Wu Xuan's eastward travel destinations, if he can really get the huge wealth of the Japanese, the source of silver can be solved, at least a stable source can be formed.

Dongying, he used to call Japan, but found that he was wrong. Dongying Fusang is such a noble name, and it entrusts the beautiful dreams of the ancient ancestors. It is the place where the sun rises. How could it be the country of Japan?The hateful flood of future generations.

"This is a good way, but it can't quench your thirst. There are a lot of gold mines in Srivijaya, but they can't be transported for the time being. Let alone silver, Siam is good." Silence is hope, Siam is also rich Gold, the annual trade can make the imperial court a lot of money.

"No, the Kingdom of Siam is the pillar of the imperial court in the South China Sea. It cannot do things arbitrarily like the Kingdom of Wa and the Three Buddhas." Wang Xiu first disagreed. How can the guard navy have no allies when fighting in foreign lands? There is a bottom line it is not.

Besides, even if you are going to fight against Siam, it is too late in time, so it is better to wait for the wealth from the South China Sea.

"Look, what should we do?" Shen Mo said helplessly.

(End of this chapter)