Chapter 1103 Discussion

Xue Xiang asked, "How much?" ”

"The handling fee is not high, five percentage points, 12,500 yuan."

Xue Xiang's white eyebrows trembled: "How much?" ”

Su You smiled: "Didn't Gong Xue always complain that the mint was a burden on the third division?" I suggested that the power of the matter be transferred to the Huangsong Bank, and the three divisions should be changed to the power of supervision, but Xue Gong was also unwilling. ”

"With this 12,500 yuan handling fee, Xue Gong should be satisfied, right?"

Xue Xiang waved his hand: "Mingrun, don't make trouble, we're talking about the national economy now." ”

Su You said: "These 250,000 yuan banknotes will indeed make the Liao State taste the sweetness, but Xue Gong, since ancient times, the disasters caused by the indiscriminate issuance of bad money, are there still few?" ”

"At the beginning of the Han Dynasty, half a tael of money, that is, twelve baht, but Liu Bang's pod money was only five cents, eight baht when Lu Hou, and four baht when Wenjing, and the actual weight was seriously inconsistent with the value of the currency."

"The right to mint money does not belong to the center, and the size of the copper coins is inconsistent, which leads to a very chaotic currency system, which creates an opportunity for private minting of inferior money."

"At that time, people did not know the importance of currency, such as Deng Tong, and even blatantly obtained the emperor's permission to issue currency. This has led to a serious disarray in the country's economy. ”

"In the Wang Mang period, because of the indiscriminate issuance of bad currency, the prices were expensive, and the people were not able to make a living, which directly led to the collapse of the new dynasty."

"By the Tang Dynasty, the economic situation in the early stage was generally good, but with the recovery of production and economic development, some problems began to arise in the circulation of money."

"That is, there is a shortage of money, there is a shortage of money in the field of circulation, and there is a resurgence of private minting and bad money."

"After four years of martial arts, it was only five baht and all kinds of variegated money to be abolished, and only Kaiyuan money was used. The coinage was collected by the central government, and private minting was strictly prohibited. ”

"This would have been a good thing, but the obvious shortage of supply, coupled with the increase in foreign military use and fiscal spending, led to a tighter shortage of currency, and private minting was not only not suppressed, but became more prevalent."

"In order to rectify the bad money, Tang Zi Xianqing began to use a ratio of one to five to exchange good money for bad money, and then produced rice and millet, wanting to collect bad money."

"However, the laws of the economy are not subject to the will of the people, and under the premise of insufficient monetary financing, it is destined to be impossible to achieve good results."

"So the Tang family tried to use the method of minting new money to rectify it."

"In the first year of Qianfeng, the 'Qianfeng Quanbao' was cast, and the weight of the money increased by one percent compared with the Kaiyuan money, but it had to be used as the Kaiyuan money."

"This in itself is a kind of inflated and inferior money, and as a result, old money is collected by people, merchants are not connected, and the price of rice and silk has risen, so it can only be abolished."

"It was not until the Kaiyuan and Tianbao years of Xuanzong that due to the emphasis on agricultural production, redundant officials were eliminated, food seals were suppressed, monks and nuns were forced to return to the laity, the burden on the people was reduced, production increased again, prices began to fall, and private casting was able to take a break."

"However, the good days did not last long, in the later period of Xuanzong, the emperor did not ask about political affairs, and lived a luxurious life, and after the Anshi Rebellion, military expenditures were huge, and the finances were even more difficult."

"The imperial court had no choice but to use the money method of the Fifth Qi to cast 'Qianyuan as ten' and 'heavy wheel Qianyuan heavy treasure' in July of the first year of Qianyuan."

"The heavy treasure money weighs three times the Kaiyuan money, but it has to be used as 50 times the Kaiyuan money, and after the big money is issued, it has caused prices to skyrocket, 'the price of rice buckets is 7,000 Wen, and the starving people are sleeping on the road'."

"At the same time, the theft of the casting is serious, the bells and Buddha statues of the temples in Chang'an City have been melted down and coined, and more than 800 people have been executed for the crime of illegal casting."

"At that time, people called this kind of inflated money 'false money'. This kind of monetary policy itself is to make up for the fiscal deficit, and to plunder the people nakedly. ”

"The result will inevitably be to quench thirst by drinking, and the circulation of money will fall into complete chaos, which will bring great disaster to the country."

"Until the reign of Daizong, Liu Yan was the prime minister, stopped the tithe tax system, improved the law of Yu, Caoyun, Changping, and the salt law, so that the salt tax increased from 600,000 yuan per year to half of the national tax revenue."

At the same time, the government expenditure was tightened, the official positions in Beijing were reduced, redundant officials were abolished, monks and nuns were eliminated, and extravagance and frugality were celebrated. In the last years of Daizong, prices finally stabilized and the value of the currency rose. ”

It's a pity that Liu Yan was killed by Yang Yan before he had time to reform the currency system. After that, the Tang Dynasty no longer had outstanding economic talents, and did not keenly grasp the changes in the economic situation and adjust its economic strategy in a timely manner. ”

"Datang's economy continued according to the inertia of the policy, which led to serious deflation, and the division of land in various places led to the demise of Datang."

"In the various generations of the Southern Dynasties, it was the world of warlords, in order to cope with the continuous conquests, warlords from all walks of life made bad money and reached the peak of history."

"The Southern Song Dynasty abolished the emperor Liu Ziye, cast two baht, the form is fine, every time the official money comes out, the world is modeled, and the size is not as thick as it. No outline, no grinding, easy to imitate, today's cut chisel, so it is called 'rake money'. ”

"In the first year of Jinghe, Shen Qingzhi opened the private casting, and the money and goods were ruined. A thousand coins are less than three inches long, and the size is called this, which is called 'goose-eye money'. ”

"Goose-eye money is not worse, inferior to goose-eye, it is called 'ring money'."

"Running through the wisps, it does not sink into the water, and it will break at will. The market is not counted, and 100,000 dollars are not profitable. 10,000 rice, commercial goods are not good. ”

"So the question arises, my big Song treasure banknote is made of paper, but why can it pass through the world without any obstacles?"

"The reason is actually very simple, the credit of these old coins is in the copper contained in them, and once the money is not enough, it will become false money."

"Everyone here knows that the Great Song Dynasty Treasure Banknote is actually similar to the salt quotation, and the amount of its issuance is guaranteed by the precious metal stock in the vault of the Imperial Song Bank."

"Now the three divisions are calculating and inspecting the economic volume, the scale of the circulation field, the stock of currency, and the circulation volume of the Great Song Dynasty every year."

"Although the affairs are complicated, we can have a comprehensive and meticulous grasp of the economic situation of our DPRK, and we can control the scale of currency issuance to match the economic situation of the country."

"The Liao State saw that we were using the treasure money effectively, so they wanted to follow suit. But the problem is that the economic foundations of the two countries are completely different. ”

"The Liao State has a single industry, a fragile economy, no independent currency, a government **, a faint monarch, north and east, Tatars and women began to cause chaos, and there is a lack of economic talents."

"How similar is the economic background of such a country to those dynasties in history where bad money prevailed?!"

"The Great Song Dynasty helped them issue paper money, which required them to use 250,000 pieces of silk as the treasury. However, with the economic consciousness of the Liao people and the great benefits of paper money issuance, their attention to money will sooner or later shift from the circulation function to the plundering function. ”

"Once there is any crisis in their country, they will inevitably drink to quench their thirst, even if my Great Song clearly tells them - you can't do that!"

Yangmou! Pure Yangmou!

Xue Xiang is also an economic expert, and he has fully understood Su You's intentions, and turned his head to bow to Zhao Xu: "What Yu Guogong said is a double-edged sword, and there are endless lessons in history. ”

"The country and the people have no trust, and the people have no heart in the country!"

Zhao Ji felt that today's discussion was very fruitful, and he said: "Five grains and rice, the people's destiny; Gold knife coins, the people's general charity. Therefore, the good ones insist on their general alms, so as to control their orders. ”

"Holding it is not to make up for warmth, and food is not to make up for fullness, the first king to guard property, to royal civil, and the world is also peaceful."

This is a sentence in "Pipe", which discusses the role of currency on the country quite brilliantly.

The ministers praised it, our majesty's knowledge is still okay!

I heard Zhao Ji continue: "The greed of the superior has made this national weapon, which is called the world and balances all over the world, become a beast that devours the lives of the people, and an accomplice who grinds the blood of the country. I don't even take it. ”

"Today's discussion, with this gain, is worth it. Go ahead. ”

Zhang Dian was actually very much in favor of Su You's proposal, but he also raised a question from another aspect: "After communicating with the Liao people, there will be many disputes, which is an excuse for the Liao people to make trouble." They are accustomed to stirring up three points if they are unreasonable, and after the dispute arises in the future, how will we deal with it? ”

Su You said: "So we have to set a premise, that is, the two countries are mutually reinforcing, for the government, it just provides a place for trade, as for the transaction, it is the behavior of the businessmen in the city, and it has nothing to do with the government." ”

"The government only supervises, and everything is subject to the text of the contract, which is the same as resolving commercial and civil disputes in China."

"If you find it troublesome, the minister has another plan."