I was the emperor in the Ming Dynasty

Chapter 767 The Embarrassing Family Dinner

But if the reform of the gold and silver standard is carried out.

Copper coins, silver, and even gold can be exchanged normally, and the loss in the middle is paid by the royal bank and the government that issue the coins.

In this way, the number of people willing to exchange will inevitably increase.

Currencies can be freely exchanged, and they can be exchanged for gold and silver anytime, anywhere. Nickel and copper coins whose value is very unstable can be used on a large scale, and there is no need to worry about depreciation.

You must know that the common people in China are not stupid. Once there is any trouble, disaster, or mutiny or something.

Copper coins, which are inconvenient to carry and have very limited value, will be discarded.

Basically, those that can be exchanged for gold and silver are exchanged for gold and silver, and then stored, and then spent when the situation is stable.

There is an old saying that golden antiques in prosperous times and troubled times describe this kind of psychology.

For ordinary people, this is the only way to protect their property from depreciation.

But for the court, it may be a disaster.

No matter how rich a country is, its gold and silver reserves must be limited.

If most people don't even recognize copper coins, then the country's financial system will almost collapse.

However, if the central government has a strong organization that can stabilize the exchange of gold, silver and copper, the possibility that this situation may occur will be greatly reduced.

Therefore, the gold and silver standard seems to consume a large amount of gold and silver reserves of the imperial court, but in fact, it has a great effect on the stability of the country's financial system.

This is also the main reason why most countries use this gold reserve as the basis for currency issuance in later generations.

But some people will ask again at this time.

The loss of currency in the process of use is certain. If the loss is all paid by the court, wouldn't the court suffer a loss in the long run.

As the issuer of the currency, Li Tian can tell you very responsibly that such worries are completely unnecessary.

Because whether it is the Beiyang government of later generations or the current court.

The purity of the currency issued is not [-]%.

Take Yuan Datou issued by the Beiyang government as an example.

Its silver content is only 80.00% nine, and the rest is filled with cheap copper or tin, lead and other metals.

But its value is issued at the price of 100% pure silver.

Even the copper coins with the smallest face value are not 100% pure copper, and some of them are mixed with some heavy and cheap metals.

Some people may say, isn't this a scam.

To put it bluntly, it is actually cheating people, and it is the kind of cheating.

First of all, the country's currency issuance is a matter of making a lot of money and making a lot of money.

Secondly, with the technology of this era, it is simply impossible to purify silver and copper [-]%.

Even in later generations, when the industry was extremely developed, gold could only be purified to one ten-thousandth. No one dared to say that their gold was [-]% pure gold, without any magazines.

This is true for future generations, not to mention this era.

Of course, a silver coin contains 80.00% pure silver, which is considered very conscientious.

If you issue paper money that is purely supported by credit, it is a killer-level deception method.

Under the premise of not considering inflation, even if a country prints and distributes money that exceeds several times the national income in a year, there are still cases.

This is completely taking the money of the people across the country to pay for the government's financial expenditure.

This can almost be regarded as the most aboveboard fraud, and a shameless way of making money.

Of course, if a country wants to maintain the long-term stability of the country, it is okay to do this kind of thing once or twice, but if it is done every year, it is really not far from death.

Li Tian still has a conscience, and he didn't decide to make banknotes as a credit currency from the beginning.

Instead, he intends to use real money to explore the way, which can be described as the conscience of conscience.

Although I know that issuing a new version of currency can make a lot of money, and it is still a way to make money for a long time.

But the reason why Li Tian didn't rush to do this is that this matter must be very cautious and he didn't think it through, there is actually another very important reason.

That is, although this year is his first year as emperor, the title of the country is still the 22nd year of Yongle.

After the new year, it is the first year of Hongxi.

If he engages in currency reforms this year, it will be considered unfilial, no matter in the eyes of the court officials or the common people.

That's why Li Tiantian endured until this time before he came up with the idea of ​​making new coins and creating a brand new currency system.

Of course, the thoughts in his heart at this time have not been revealed to anyone at this time.

One is that it is not necessary for the time being, and the other is that the three people in front of me are girls, so it is useless to tell them.

Even if he tells the whole story, the opinions they can give are very limited.

It is best to discuss with a professional person for such a major matter that involves the people's livelihood in the world and can even affect the fate of the country.

Today is the day before the new year, in order to make up for the regret that the three of them could not follow him to the palace for the new year.

So Li Tian plans to spend the new year with them tonight.

Although Li Tian didn't say it clearly, Zhang Qinghuan and the third wife knew it well, but Sun Ruowei, a silly girl, was kept in the dark.

As soon as the few people returned to Zhang Qinghuan's residence, Zhang Qinghuan began to order the people to get busy.

This was Li Tian's first Spring Festival with her, so she couldn't help but be careless.

As early as a few days ago, it is estimated that she had already prepared for today's dinner.

The third lady is still pretending to be confused on the surface, but she is also like a mirror in her heart.

In addition, Li Tian just confessed his love to her a few days ago, and she became more confident when she joined in.

In order to cover it up, she deliberately left Sun Ruowei who was about to go home and reunite with Sun Yu.

In this way, the strange spring night family banquet of three women and one man began in a very awkward atmosphere.

The reason why it is awkward is that today is not an official New Year's Eve.

Not many people set off firecrackers to celebrate outside, not only did the atmosphere change a lot, Li Tian also seemed very restrained because of the presence of outsiders.

The food and drinks are not lacking, and the service is also very thoughtful. There is nothing wrong with everything.

But the atmosphere never met the expectations it should have had.

In order not to let the whole night pass in this awkward atmosphere.

After the meal, Li Tian suggested that everyone have fun.

So I ordered people to get things like cards, mahjong dice and the like, and I was going to have a good time with them.

(End of this chapter)