Bringing A System To Great Tang

“Old Bi, you cant do this, its not me, Li Family Farmstead, you have to give me the collateral for the exchange voucher for cents.”

Li Yi Looking at Bi Gou steadily, extend the hand, ask for something.

“What can I give you?” Bi Gou looked down at Li Yi’s hands, slender, suitable for playing the piano.

“Give me gold, silver, and brass.” Li Yi shook his hand a few times.

“Why?” Bi Gou didn’t want to give anything. In the past, Li Family Farmstead’s exchange voucher was not given by others.

“You are taking advantage. You see that the exchange voucher is a penny, but in fact it is in circulation.

Every time it circulates, it adds a little tax. It The more the circulation, the more the corresponding tax.

Theoretically, it circulates 30 times, and the profit of its own value can be obtained by 30 taxes.

But the cost No, I need to transfer more than three hundred times before I can get back the money.

But I haven’t received tax. This equivalent to is a currency issued for you. Think about it, right?”

Li Yi is reasonable. Someone like him said at the time that the country lost money by issuing a dime coin.

In terms of manufacturing, it is a loss, but the circulation of a dime over and over again generates taxes that far exceed its own value.

The most profitable is the Univariate coin, which wears far less than other banknotes.

Of course, the most economical thing is digital currency, the country saves money.

Then transfer part of the cost to the people, who need to download the software and then pay with the software.

There is a cost to purchase a mobile phone, right? Does traffic cost?

There is no other traffic business. If you open software to pay, the traffic will cost about two cents a time. Even if you buy Univariate money, the extra payment is 20%.

Unless the digital currency software is free of data flow, it will reduce the countrys currency production costs and increase the international competitiveness of the national currency.

Then let the people of the country pay extra for data traffic. Is this expenditure a subsidy to telecom operators?

As for other software, it is a commercial activity. This is a national activity and should not be confused.

Currently, the penny issued by Li Family Farmstead costs more than face value.

If you can’t make it back, you need Imperial Court financial subsidies. Every time the currency is circulated, it has nothing to do with Li Family Farmstead.

The tax generated by it was taken by the Imperial Court, so you have to give something, otherwise you dont want to issue Great Tangs currency in the future, otherwise it will hit you.

Bi Gou sandwiches the shredded green onion and shredded pork on the dried tofu, rolls it with chopsticks: “According to what you said, the money has been circulating back and forth, and then the Imperial Court collects taxes.

In this process, it is inflation. For the same thing, the high turnover rate means currency devaluation, right?”

Bi Gou feels that he has learned the essence, so that’s how it is simple .

Li Yi still laughed: “Simply speaking of currency, every transaction involves taxation, and the currency’s face value has not changed, which is a devaluation.”

“But.” Bi Gou understands, help Li Yi speak out, he knows that there is a turning point.

“The circulation of currency involves productivity and production relations. Whether or not it depreciates depends on whether the purchasing power of the currency for a corresponding product has declined.

It turned out that I had two stones of wheat in one acre of land. , A bucket of 25 dollars, a stone of 250 dollars.

Now I have four stones of wheat per mu of land. According to economic laws, the price will inevitably be reduced, a bucket of 20 dollars, and a stone of 200 dollars.

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At this time, the currency is not at all depreciated, and the purchasing power has increased, even if it is taxed in the circulation process.”

Li Yi gave the simplest example and told Bi Gou, It is not possible to calculate taxes in the currency circulation process separately.

At the same time, it is necessary to calculate the changes in national productivity, which is higher than the tax paid during currency circulation, and currency appreciation.

“When currency is issued as collateral, there is basically no devaluation of the currency, unless it encounters the natural disaster of the entire Great Tang.

But that At that time, tax exemption and Imperial Court currency support are available, subsidies are given, and the currency value is once again balanced.

Old Bi, dont worry about Li Family Farmsteads exchange voucher. Its impossible, because how much currency is issued, I just prepare as much collateral.”

Li Yi made it clear that the currency I issued is not a credit currency, but a non-leveraged exchange certificate with equivalent collateral.

Said it is a voucher, it is a voucher.

Different from the national credit currency, it is directly linked to the physical object.

Bi Gou started scratching his head, how could he make money, so hard to learn by himself? How many things are involved?

“Should I give you money now? No, gold, silver, copper?” Bi Gou finally returned to normal and found the key points.

“No, you just need to give me the same amount of tax exemption. I will buy the collateral for the money saved by tax exemption.”

Li Yi shook his head again, Old Bi You still don’t understand.

“But I always give you tax exemption. Now I don’t feel that you can bear your tax. You always find a reason to let me not charge you.”

Bi Gou thought Get into Li Yi’s head and learn everything Li Yi knows.

“I have something new to take out and give this tax exemption.” Li Yi nodded, whispered.

“You tell me something, otherwise don’t think about it, otherwise the old man will hit Zhu’zi on the Baqiao, you believing or not?”

Bi Gou Being fooled, he is cautious, afraid of being plot against by Li Yi.

“Where is you like this? You use your own life to threaten others, why don’t you kill me directly? Anyway, it’s a death.

Anyone who threatens with your own life Everyone else is weak, and they are not afraid of their own death. Why not drag the enemy to die together?”

“Then what are you talking about, the old man is enough.” Bi Gou stared, a pair of I’m going to be perish together with you.

“When you look at the time with me, you always look at your watch. It is an Electron clock. I’m impossible to give it to you, and I won’t sell it.

Everyone now uses hourglasses and water drains. Time, watch Sun, Moon and Stars at the same time.

I have something, a mechanical clock, according to our Ch_ng’n longitude and latitude to calculate the clock of the pendulum manufacturer.

This clock is different The accuracy is different in the place where gravity is affected, and the improvement of steel allows me to make an escapement.

I want to manufacture self-sounding bells, just when the time comes… this actually doesnt matter, the main thing is It can time.”

Li Yi threw out a new technical product, the clock.

The clock is not easy to make. In addition to the steel and escapement design, the local acceleration of gravity must also be considered.

At the equator and Ch_ng’n, the swinging clock will deviate because the earth is not round, but elliptical.

The autobiographical angle of the earth should also be taken into consideration. Pendulum clocks have errors, which will become larger and larger and must be adjusted.

This is easy to solve for Li Yi, he has information to check, just adjust the pendulum length.

“How much are you going to sell for?” Bi Gou looked up at the Electron clock. He knew this thing, and sometimes he took his own hourglass to meet a couple.

“I want to build a clock tower for free to help you determine the time. In fact, the technology of the armillary sphere is just fine.” Li Yi didn’t say the price.

“How much does it cost?” Bi Gou, regardless of the others, grasp the main point.