Datang: My apprentice is Li Chengqian

Chapter 247
The power of capital is still relatively weak in Datang.

Neither Li Shimin nor the other courtiers have fully realized the power of capital.

But Qin Xiedao is very clear that if Datang's economy enters the fast lane of development, capital must flow.

Although the land of China is not an area rich in gold, silver and copper.

But after thousands of years of accumulation, whether it is gold, silver or copper, the reserves are actually very rich.

It's just that most of the money is hidden at home by everyone and will not circulate in the market.

Therefore, in all dynasties, when the economy is relatively prosperous, there will often be a shortage of money.

This is simply unimaginable in later generations.

Everyone will only worry that the imperial court is printing too many banknotes, not that the imperial court is reluctant to print them.

"Xiedao, according to your statement, the Datang Royal Bank will set up branch offices in every state capital in the future?"

Li Shimin listened very seriously today.

Although he didn't understand it very well, he also realized the importance of Datang Royal Bank.

"That's right! With the Datang Royal Bank, we can hope to realize our dream of remittance to the world.

For businessmen, this is definitely a dream result.

Of course, there must still be many problems to be solved before realizing the dream of exchanging the world.

For example, a businessman deposits a sum of gold and silver into our bank in Chang'an City, so how can he go to the Datang Royal Bank in other places to withdraw the money with our deposit certificate? How to prevent someone from making fake deposits? certificate.

Or making fake bank notes, there are many considerations in it, and we also need to form a whole set of plans to deal with this change.

But don't worry, Your Majesty, I have already had preliminary ideas for these plans. When the bank officially opens, we can run it in Chang'an City for a period of time, and then slowly expand to Guannei Road.

A year later, when everyone has more experience, it will slowly expand to Luoyang, Liangzhou and other places, and then further spread to the entire Datang.

This dream of remittance to the world will definitely take many years to be fully realized. "

If you take too many steps, it will be easy to mess up. Qin Xiedao knows that with the level of communication and technology in this era, many things need to be done slowly.

However, he was not particularly worried about such a thing as the Datang Royal Bank.

In the later Song Dynasty, there was Jiaozi, which was the early banknotes.

In the initial period of time, the operation of Jiaozi was relatively successful.

It's just that in the end, what happens to many deadly countries, that is, excessive currency issuance, that's why Jiaozi lost everyone's trust.

Now that Qin Xiedao has created the Datang Royal Bank, he will definitely make a series of regulations on bank notes.

As for banknotes, they will be introduced after the bank has matured and operated for many years, and everyone is familiar enough with this new financial system.

However, to a certain extent, as long as the bank note is not in one-to-one correspondence with the customer's deposit slip, it already has the function of banknotes to a certain extent.

"Even if I agree with you to open such a new thing as a bank, how can you get everyone to accept it?

Especially new things like gold coins, silver coins, and silver tickets. Everyone must have concerns at the beginning, right? "

The more Li Shimin asked all kinds of details so seriously, the happier Qin Xiedao was.

Because this means that Li Shimin is really thinking about it seriously, which means that the Datang Royal Bank can really be opened smoothly.

"This is actually not that difficult. Merchants have the most sensitive sense of smell. As long as they see the benefits of our gold coins, silver coins and silver tickets, they will naturally use them.

Weichen can let Weishui New City come out with the second phase as soon as possible. At that time, all house payments will only be accepted in gold coins, silver coins or silver notes. In this way, as long as businessmen who want to buy houses, even if they don’t want to I went to exchange it. "

The Datang Royal Bank planned by myself has the functions of a central bank.

To simply promote these gold coins and other things, Qin Xiedao really has no pressure at all.

Now it is not directly promoting banknotes, how can everyone have so many concerns?
Gold and silver are money by nature, and money is not gold and silver by nature.

In some transactions between the East and West cities, there have actually been small-scale transactions using gold and silver as equivalents.

It's just that the gold and silver coins produced by Datang Royal Bank will definitely be a little different from the current gold and silver equivalents.

Or to put it more bluntly, it is a silver coin equivalent to consistent money, and its silver content may be lower if the exchange rate on the market is used now.

This is actually seigniorage.

I use [-]% to [-]% worth of things to make a currency, and then exchange it from your hands for goods that are always worth the money.

In this process, institutions that have mastered the right to mint coins can continuously benefit from it.

"There are actually not many gold and silver coins circulating in the Tang Dynasty. Even if your gold coins and silver coins are successfully minted, if the quantity is limited, the meaning will not be very great."

"That's right, there is indeed this problem! But now, no matter in Mingzhou or Dengzhou, there are already many fleets that go out to sea to catch whales and sea fish.

Weichen is also planning to arrange for people to go to the Wa country in person to open up our Tang's overseas trade, so as to attract more gold and silver into our Datang, and solve the money shortage that has begun to appear. "

It has been ten years since the founding of the Tang Dynasty, and the economy has recovered a lot.

The better the economy recovers, the stronger the demand for currency will be.

In the east and west cities, the value of Kaiyuan Tongbao is actually rising slowly every year.

This symptom is actually quite wrong.

Normally, as the economy develops and commodities increase, the supply of money must also increase simultaneously.

However, Qin Xiedao couldn't get the gold, silver and copper coins out of the hands of the nobles in a short period of time, so he had to send his ideas overseas first.

Among them, the country of Wa, which is rich in gold and silver, especially silver, naturally entered Qin Xiedao's field of vision.

This is a country that is relatively close to Datang and relatively weak in national power, but rich in gold and silver reserves.

If this kind of fat sheep is not slaughtered, what are you waiting for?

"Explore overseas trade? Xiedao, is this overseas trade really that good? Will it bring down the atmosphere of my Tang Dynasty?"

Although Li Shimin is an enlightened emperor, he is a little worried that it will inevitably appear.

"Your Majesty, many of the items on the market in my Tang Dynasty, after being transported overseas, the value can increase several times, dozens of times, or even hundreds of times.

Although the gold and silver exchanged cannot be eaten or drunk, it can beneficially promote our business development and indirectly promote the improvement of Datang's overall national strength.

And we can also use the money to go to Nanyang to buy all kinds of rice to alleviate the food problem of Datang. This is definitely something worthy of the court's attention. "

Qin Xiedao is clearly aware of the benefits of maritime trade.

Now that Li Shimin has doubts, he naturally wants to persuade him.

Even in order to open up the situation of sea trade, he is willing to go to sea by himself to open up this situation.

(End of this chapter)