Section 89: Financial Perspectives

The five mirrors were finally sold at a price of 230,000 taels, and Jiang Tian had thought about whether he had swallowed the 30,000 taels for a moment. Of course, this is only a momentary thought, if he really does this, Emperor Zhang Tao may not ask him for this money, but he will definitely arrange enough work for himself. After deducting the commission to the host, there are still more than 200,000 yuan left, it seems that the estimation of the emperor's predecessors is correct, with this start-up capital, he can indeed start building the factory, as long as the land is in hand, he can let Song Yi go to explore the terrain first, and then arrange the workshop and production line according to the geographical location, but this is not a problem for him Jiang Tian to consider.

Now he can't devote himself to preparing for the opening of the school, as Zhang Tao's private school in the private pilot, in fact, this is a school hall that is not listed by the imperial court, just to distinguish it from the Imperial Academy, if there is no accident, the graduates here will go to the education position, as the seeds of cultivating scientific talents and sprinkled to the land of China. The number of students graduating from the Imperial Academy every year is not enough for the Academy of Sciences and some other departments to share, and the level of education there is indeed unsatisfactory, so it cannot take on the heavy responsibility of training teachers, so among Jiang Tian's group of students, in addition to some of the second generation of the right to make friends, there are the most researchers of the Academy of Sciences and teachers of the Imperial Academy who come here for further study. When Jiang Tian got the final number of applicants, he found that the classroom he originally arranged could not accommodate so many people, but fortunately, the level here was uneven, and it was inevitable to adopt a class division system in advance. As the saying goes, the master has something to do with the disciples, so the four of them, plus Wu Yuan, who was arrested, are the first batch of teams to form the school.

Seeing the classroom cleaned and the tables and chairs neatly arranged, Song Yi nodded with satisfaction: "Not to mention, there is no trace of fat powder in Yihong Mansion, just looking at the classroom can make people feel calm." ”

"That's a fallacy!" Wu Yuan smiled and accosted: "It's man-made, and the reason why there is no longer that glamorous feeling here is due to Mr. Righteousness." ”

If an outsider said this, everyone would think that this was a sycophant, but the person who said this was Wu Yuan, and Jiang Tian was not here, so everyone knew that this was a feeling. After all, Jiang Tian's personality is very clear, don't look at the gossip outside, but they are the only ones who know very well, Jiang Tian is too busy to deal with those scientific research tasks every day, and the number of days he can stay at home in a month is no more than ten days.

In fact, Tian Xuhai and Liu Baokai are still a little cautious, since they know that Jiang Tian did not take his sweetheart into the house, they will inevitably have a little fantasy, and it is common for large families to send beautiful maids to each other, and the relationship is close, even if it is their own concubine, there is a precedent for giving away, even if Jiang Tian takes the lead, but it is not without a chance, so these two people hope that Jiang Tian is a righteous gentleman.

Tian Xuhai remembered the news he heard from his father at this time: "I heard that from today onwards, Mr. will go to the cabinet every day to discuss state affairs with a few scholars, so what about this teaching?" ”

Song Yi only shook his head and smiled bitterly when he heard this: "Your Majesty has given me an idea, let me tell you the easy things at the beginning first, and wait for Mr. to come back." ”

In addition, the servants looked at each other, they knew that as soon as there was research and development work, Song Yi would circle around Jiang Tian inch by inch, and naturally he would learn a lot of things near the water, but he didn't expect that he would already be able to give lectures to others, so why did he still come to this private school?

Wu Yuan pondered first, and then looked at Song Yi thoughtfully: "What did Dexin say...... Could it be that you haven't fully learned the things in this textbook? ”

Song Yi nodded: "The more I learn, the more I feel ignorant, I was holding the textbook from beginning to end in one breath, in addition to the first few chapters can also be understood, the back is completely like a book from heaven, that is, to find Mr. to solve the doubts, he also smiled and did not answer, saying that with my current knowledge, I can't understand it, and only by gradual progress can I make some gains." He also said that if he could really learn these books, then there would be no one in the world who could compare with the kings except him. ”

The other servants gasped, they had also looked through it curiously, it was indeed like a book from heaven. But I didn't expect Jiang Tian to give such a high evaluation to these separately printed textbooks, if what he learned in the Imperial Academy before was a grade such as county school and government school, then he could be regarded as a national eunuch here. It is no wonder that His Majesty was able to approve a dignified court official to open a private school, he really knew how capable he was as a junior disciple, and hoped to train more disciples and grandchildren to replace those Confucian officials.

Now Jiang Tian is also full of depression, although the Ming Dynasty has ended, but the cabinet has not changed, he just took out the upcoming sample coin, and he was subjected to all kinds of difficulties. From the pattern is too complicated and difficult to cast, to the materials used are too particular, the national treasury is overburdened, and then to the people's literacy rate is not high, and the words on it may not be recognized......

"In the past, when everyone used copper coins and scattered silver, who didn't have to carry a scale? So troublesome currencies can be used, and this kind of finely crafted silver dollar with the same weight is not as good as ingots? When these people finally finished putting forward their opinions, Jiang Tian really didn't know whether to cry or laugh: "You have also seen this overseas silver coin, I guess you may also have some stock in your hands, right?" Isn't it that I make a higher silver content than theirs, what's the matter? ”

Cao Mo, the head of the household, was anxious when he heard it: "Higher!" Lord Jiang is kidding, the silver dollar of this Franc machine only contains seventy percent of silver, and your silver dollar is ninety percent! If people use that bargain to buy silver dollars in the people, how much is not enough to pay! ”

Jiang Tian looked at the old man a little stunned, do you say he really doesn't understand or is he pretending to be confused? The people of the people do not know anything else, but will they not know how much silver there is? If you take money of little value in exchange, will there be a one-to-one ratio? However, Jiang Tian thought about it again, if he asked directly, it was estimated that this old guy would be eager to pull the topic elsewhere, and it would be better for him to not let the other party succeed.

"What Cao Shangshu said is very true." Jiang Tian thought about it and smiled on the corner of his mouth: "In order to prevent this kind of thing, so at the same time to promote a set of currency exchange rate system, whenever the Yi people come to Middle-earth with impure silver ingots or silver coins, they must first be exchanged for our silver dollars at the customs, and this exchange rate will be converted with our currency fineness, because the silver coins I make contain ninety percent of silver, and they can be calculated according to pure silver, which is at least half of the profit!" ”

In the future, unless you hold the dollar or some regional hard currency, you have to change the local currency before you can consume it, but now the world uses precious metals such as gold and silver, so the position of the silver dollar in the trading system is unshakable, since it is all silver, no matter what pattern you engrave on it, it is also a currency that can be settled. It's just that among the silver coins in circulation in Southeast Asia today, most of the currencies of any country are seventy percent silver and three percent lead, which is indeed incomparable with pure silver.

Without waiting for a few old men who were still thinking about what the currency exchange rate was, Jiang Tian continued: "With this kind of small silver dollar weighing 25 grams, commonly known as half a tael, it is almost seventy percent of the past one tael, and it is about ninety percent of the Yiren silver dollar, so we can completely implement the ratio of one and a half taels for one and a half franc machine silver coins, and because we know that there are still five cents of this that are not silver." In other words, we earn five more points for every change! ”

"This Xiyi is so easy to fool?" It was the head of the cabinet who spoke, Ning Jiao: "They won't weigh themselves?" ”

Jiang Tian smiled again: "Lord Ning, don't forget, our money is exquisitely crafted and beautifully patterned, even this handmade money is worth five cents." ”

Ning Jiao was still not satisfied with this answer: "I just said that it is not easy to mint your money, it is not labor-intensive and time-consuming, isn't it worth the loss!" ”

This time, Jiang Tian smiled even more happily: "Lord Ning doesn't know, this money is not cast, but suppressed, if you say that it costs money, that is, it costs the purchase fee, and there is almost no cost for the rest." ”

"Suppression?" Liao Yuan, the secretary of the Ministry of Industry, frowned when he heard this, he was originally a soy sauce maker in this kind of meeting, but when he mentioned the coinage method he didn't know, he couldn't be silent anymore: "Lord Jiang, can you tell me what suppression is?" ”

Jiang Tian had to briefly mention the principle of stamping to these people: "To sum up, as long as the raw materials and labor are sufficient, a stamping machine can make two hundred and forty coins in one hour, and if the workers are skilled, this number can be doubled, and the price of a stamping machine is not expensive, compared with the clay mold casting that can only be used once in the past, it can be regarded as trouble-saving and time-saving." ”

Not to mention, the manpower stamping machine is the cheapest among the machines that Jiang Tian has made so far, because the structure is simple and the raw materials are ordinary, there is nothing expensive except for the alloy steel mold, of course, the premise is that you have a silver plate with uniform thickness, otherwise the stamped things are either short and blurred, or they will be too thick to be pressed by manpower. Those few people who were only against it for the sake of opposition naturally had nothing to say, they didn't expect that Jiang Tian was stuffy in the workshop to make this kind of thing, if he could make three hundred silver dollars in an hour, it would not take a few months to fill the treasury with silver dollars.

Cao Mo seemed to want to resist: "Although your silver coin is exquisite, you don't need to have so many patterns on the edges, right?" Besides, the heaviest silver coin is only one or two...... That's fifty grams. If the whole world uses this kind of money to pay taxes in the future, then it seems that it is not easy to deposit, right? ”

Jiang Tian thought to himself that he would occupy a place? When I used ingots before, I didn't see you think that the shape of the thing was too unusual: "This thing is easy to do, roll every fifty pieces of thick paper into a roll, and put it in a box It definitely occupies a smaller area than ingots." Besides, this silver dollar is worth a lot because of these patterns, and Lord Shangshu must not want all the money he received to shrink by a small circle, right? With these patterns, as long as you look at the money when you collect it, you can avoid the situation of chiseling the edge and stealing the silver, even if you want to accept that kind of money, it is converted according to the price, which is much more accurate than the broken silver and ingots in the past. ”

Only then did this group understand that people came prepared, and they already had solutions to the problems they could think of, and besides, the money looked really beautiful, and the processing was not troublesome, so what reason was there to prevent the circulation of new money? Is it just because the silver content is too high? Don't forget that when you used to buy something, if someone gave you a few pieces of broken silver with change, you would be muttering that you don't know the color geometry!

Zhang Tao, who had been napping, suddenly spoke: "Since you have no problem with the new currency, then I will order to speed up the manufacture of this thing, and strive to popularize it throughout the country within three years." ”

The emperor has been pretending to take a nap, and they really have no reason to object, so this is a good idea. But at this time, no one thought that because the quality of these silver coins is too good, so merchants from various countries will not be in a hurry to spend the Chinese silver dollars in their hands after replacing the silver dollars in Spain, the Netherlands and other countries, they are either reserved for the next transaction, or they are taken back to Europe as a treasure to save, so China's silver coin issuance has always been very large, but the domestic gap is not plugged, and finally contributed to the Chinese currency has become a global settlement currency. The silver that Spain brought from the Americas was no longer minted into silver coins, but the silver ingots were directly pulled over to exchange for Chinese silver coins.

Seeing that the currency sample was reviewed, Jiang Tian tiredly opened a few notepads: "We will now discuss the basic issues concerning the reform of the monetary system from the silver standard to the silver standard......

It is also a large number of new terms, what is the silver standard, to put it bluntly, the national finance and various revenues and expenditures are calculated according to the price of silver taels, and the silver coin standard, as the name suggests, is to replace the two in the original statistical unit with yuan, which seems to be no difference, but it is a key step in the establishment of the financial system.

"As we all know, since the opening of the sea during the Ming Zhengde period, this Francois relied on the silver mines in South America to transport a large number of them to us, in exchange for countless porcelain and silk and other things, so the domestic silver price is declining, but after the minting of silver coins, because the value of the measurement is not only the silver content, so in a sense, we can use 10,000 taels of sterling silver to make more than 10,000 silver dollars of one tael, without worrying about the currency instability caused by silver fluctuations......"

Jiang Tian talked eloquently from currency reserves to inflation, or deflation that cannot happen temporarily, and there is a transition for paper money to become the mainstream, but other officials may only be listeners, but when it comes to paper money, they are deeply hated, the treasure money of the Ming Dynasty is vivid, and that paper currency is a joke! So Jiang Tian had to patiently talk to them about the problem of currency over-issuance, and when these were all said, the morning's time would be over, not to mention those old men's complicated expressions, even Zhang Tao didn't expect there to be so many twists and turns.

"In fact, it's nothing, many of the financial propaganda in later generations have financial knowledge content, if you want your savings to outperform the rise in prices, many people have to think about how to invest, so it is not surprising to know this kind of knowledge." Jiang Tian and Zhang Tao, who were forced to leave for a working lunch, carefully explained: "The failure of the Daming treasure banknote was caused by Zhu Yuanzhang's excessive overissuance, and even the government does not recognize this kind of thing. ”

With Jiang Tian's explanation, Zhang Tao finally figured out what is called currency over-issuance, obviously using silver to make coins will not have these troubles, some folk silver villages, ticket numbers can even participate in the activities of exchanging huàn, slowly people believe in the face value of paper money, it is equivalent to laying a good foundation for the full use of paper money in the future. If the world's major countries also recognize the purchasing power of paper money, it will not only create conditions for the transition to the gold standard, but also use various financial means to leverage the world's wealth. Zhang Tao, who had never experienced the financial crisis, was stunned when he heard it, and it was hard for him to imagine that those so-called bankers and financiers could completely bankrupt a small country just by using some financial means, let alone that these people alone had grabbed most of the world's wealth, and he couldn't imagine that the catty in the world's common currency was simply terrifying.

"That's the reality!" Jiang Tian also lamented the glorious prospects of this profession: "After World War II, the Americans almost controlled half of the world by manipulating finance, and the remaining half was completely disobedient and could disintegrate their own ideological enemies. ”

Jiang Tian's expectations are very good, but this process is definitely not something that can be completed in one or two generations, so Zhang Tao can't see the day when his dream will come true. But in order to meet that day, he also needs to form a central bank to serve the financial system of the future.

After a morning of arguing with a bunch of old men, Jiang Tian began to suspect that Zhang Tao deliberately pulled himself out as a shield, but after all, he was only capable of half a bucket of water. Just now, the emperor's predecessor just wanted him to take over the central bank, and Jiang Tian's head immediately shook like a rattle. This is different from the manufacturing machine, there are too many abstract things in it, and I am not a professional in this field, and if I really become the governor of a central bank, it will only cause immeasurable losses to the country. Besides, although there will not be much complicated financial activity now, Jiang Tian, who has never even bought stocks, instinctively refused the appointment.

Touching his newly shaved head, fortunately, the royal barber had two brushes, and he didn't shave the good bun into the shape of the revolutionary party, but he couldn't compare with the freewheeling hairstyle of later generations, in addition to being a lot more refreshing, Jiang Tian felt a little awkward in his head: "Even if you want to emphasize that I am an imperial party, there is no need to really get a haircut......

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