The second principle is planned issuance, which means that the issuance of Tang Yuan must be carried out in accordance with the plan for the issuance of currency reform stipulated by the state, and the issuance volume is controlled by the king, and the decision made by the Royal Central Bank on the annual money supply can only be implemented after it is approved by the cabinet and then submitted to the king for approval;

The third principle is economic issuance, also known as credit issuance, which means that the issuance of money is to meet the objective needs of national economic development, and with the growth of production and the expansion of commodity circulation, the amount of money in circulation also needs to increase correspondingly.

That is, we oppose the increase in the issuance of money in order to make up for the need to make up for the fiscal deficit, and oppose the excessive issuance of money by the banks due to the overdraft of the treasury to the banks, which can easily cause inflation and make the money in the hands of the people worthless.

（PS: About the total amount of currency issuance standards, and there are many influencing factors, the author also searched a lot on the Internet, read for a long time, as a financial white, the author is a lot of benefits, but in order not to water the number of words, it will not be detailed, to be honest, the above is a direct excerpt for modification, has been streamlined by the author, I believe that the same as the author should be able to roughly understand, of course, those financial professional gods have barely seen it, this is a novel, the author is not a generalist, there will definitely be omissions, as long as you can make everyone happy, you will be satisfied。 ）

The purpose is to let the people be mentally prepared in advance, and at the same time support the government's new currency issuance work and increase the recognition of the new currency.

The foreign media knew that Nuvoton was about to issue currency, and they also followed up and expressed their opinions.

After all, the current Xintang Dynasty is not the obscure and dispensable small island country of a year ago, because Li Quan, the king, keeps making all kinds of movements around the world, it is difficult for everyone to understand it.

So now Nuotang has become the darling of the media, as long as there is relevant news, they will spontaneously follow up and report.

Moreover, many financial experts around the world have also expressed their opinions on the impact of Nuvoton's upcoming currency issuance on Nuvoton, its surroundings, and even the world's finance.

Of course, the contempt for NTVOd, which is basically the same, is certainly beneficial to NTVOd, has limited impact on the surrounding areas, and is fundamentally insignificant to world finance, this is their opinion.

Although Li Quan was very unhappy when he found out, but from the current point of view, this is indeed the case, but no one can say for sure in the future, if you want to slap them in the face, you need to be hard, let's wait and see in the future.

................................

On October 5, 2017, Chang'an City was sunny, the sky was blue, cloudless, and the breeze was a rare good weather.

In the next week, all the people can exchange the currencies of other countries in their hands at the official exchange rate at the bank offices in various counties and towns.

As of 24 o'clock on October 12 of the lunar calendar, Nuvoton will not allow the currencies of other countries to circulate in Nutang, of course, the exchange business has existed for a long time.

The business hall of the Industrial and Commercial Bank of Chang'an City (the Royal Central Bank is only responsible for the issuance of Tang Yuan, and has no other financial business) lined up early this morning, and everyone came to exchange all kinds of foreign currencies in their hands.

"Lao Zhang, how much money did you bring to exchange it?"

"Lao Wang, you're here too, I didn't bring much, exchange some for life first, and keep the rest first, anyway, it's not that you can't change it in the future." ”

"What, you don't believe Tang Yuan?"

"How is that possible, don't talk nonsense. Lao Zhang's eyes quickly looked around, and found that no one was paying attention to them, so he put his mind at ease and continued:

"Tang Yuan was issued under the auspices of His Majesty, how can I doubt that since His Majesty ascended the throne, the whole country has undergone earth-shaking changes, the income of our people has increased more than ten times, and the standard of living is compared with the original, it is simply a heaven and an underground, and there are all kinds of benefits, so it is impossible for Your Majesty to covet our money, mainly because my son is worried about the exchange rate and wants to see the situation first. ”

"Well, the exchange rate is indeed a problem, but I don't know much about this thing, I heard that it changes all the time, it's hard to say, anyway, I believe in Your Majesty, and I will do what Your Majesty says. "People like New Tang who trust Li Quan very much are actually in the majority.

Tang Yuan used the same official exchange rate as Huaguo, not the market exchange rate, after all, Tang Yuan's plate was too small to withstand the impact of the market exchange rate.

Fortunately, the population of New Tang Dynasty is not very large, and the total population is now less than 850,000, but it does not need everyone to come, as long as one person from each household comes.

In addition to the fact that the number of newly added families with NTD nationality may be smaller, there are many families with no six or seven people, or even more than ten people.

Therefore, there should be only 1340,000 people who really queue up to exchange Tang Yuan, with an average of four counties, and there are only more than 30,000 people in each county, and each county has five or six towns, and each town also has a much smaller business hall.

A week later, in Li Quan's imperial study, Yun Yi was reporting the details of the week to Li Quan.

"Your Majesty, so far, in a week's time, we have issued a total of about 30 billion Tang Yuan, which is counting Your Majesty's support for our work, and exchanged 6.4 billion US dollars, which is exactly a whole number, but this is still a little far from our expected goal, the vast majority of the local people have exchanged at least eighty percent of their savings, but the new immigrants may still lack confidence in Tang Yuan, and the average exchange is about forty percent. Yunyi reported that although he did not achieve the expected goal, he was not worried at all.

The amount of money issued does not represent the total wealth of the country, as it also includes many non-financial assets.

"As the king, I must take the lead, if it weren't for doing business with the outside world, buying raw materials, etc., I would have wanted to convert all the money into Tang Yuan. "Li Quan is telling the truth, so he can't blame others.

"Time is still short, take your time, you don't have to worry, Nuvoton's development is obvious to all, and everyone's confidence in Nuvoton's future will be greater and greater. Li Quan's heart is very open.

According to the current official exchange rate of Tang Yuan to the US dollar is 0.5, that is to say, 1 US dollar is equal to 2 Tang Yuan.

In other words, with the government's previous reserves, the current government's total foreign exchange reserves are worth about $39.1 billion in foreign currency, of which the US dollar, soft sister currency, and euro account for ninety percent.