Chapter 579: The court negotiates coins
Nowadays, the number of copper coins circulating in the Daqin market has gradually failed to meet the increasingly prosperous Daqin. Rather than casting new copper plates in large quantities every year, it would be better to carry out monetary reform in one step.
Soon new coins were minted, and the first new coins were also made as samples. Whether it is a small, medium, large or high coin, they are almost the same size and appearance. It's just that different materials represent different shares.
On this day, above the court.
During the court meeting, Li Chen distributed the sample money made to everyone. This material is different, a coin-sized new coin. The obverse of the coin features the head of the late First Emperor, while the reverse of the coin depicts a soaring dragon.
Li Chen raised the copper coin in his hand, looked at the ministers, and said slowly: "This is new money, I call it a dragon coin, each of these dragon coins is almost the same in weight and size, there is no difference. β
"Its value from low to high is small, medium, large, and up. The conversion method is one to ten, and the value of the smallest coin is equal to a copper coin. β
At this time, the second assistant Wang Qi stood up, and Wang Qi stroked his long beard and asked, "Generalissimo, why do you want to change the currency of this copper plate?" β
Daqin's copper-based economic system, after years of use, has now matured. Changing the currency is obviously a very cumbersome thing, because money is something that every household uses, and replacing it in large quantities will bring a lot of unnecessary trouble.
Wang Qian admits that the exchange between the new currencies is more detailed than it is now. I am also very willing to admit that Li Chen's method is very good.
But yes, it doesn't mean you need to replace it.
"It's true that it can be changed, but it's not necessary."
Since ancient times, coins have been replaced. Almost all of them were times of war, or when a new dynasty was just established. There is no doubt that every time a coin is replaced, there will be a lot of trouble. It is precisely because of this that Wang Qi believes that there is indeed no need to replace.
After the king finished speaking, the ministers in the court began to talk one after another. The ministers chattered incessantly, and most people thought that there was really no need to replace them.
Coins represent the economy of Great Qin. And such a large-scale replacement of coins is almost a reshuffle of the entire economic market. Today, coins are the foundation of Daqin's economy and prosperity. If something goes wrong with one of them, it will be a big mess for Daqin.
Li Chen nodded, not angry because there was a different voice in the court. Daqin's court should not become a hall of a certain person's words, even if this person is him. Rational analysis and debate will make Great Qin develop more vigorously.
"Silence, silence."
"Ladies and gentlemen, let the Generalissimo finish speaking, since the Generalissimo thinks that the monetary system should be reformed, then naturally he has his reasons. Let's listen to the generalissimo first, and then analyze it. At this moment, Lees interrupted the whole crowd arguing.
Li Chen looked at Xiao He and nodded, Xiao He is very good at internal affairs, and now under Li Chen's promotion, he can be regarded as an important minister in the court, and similarly, Xiao He is also the president of the Great Qin Central Bank appointed by Li Chen.
Seeing Li Chen nodding to himself, Xiao He knew that it was time for him to speak. So he took a step forward, looked at the ministers and said, "Ministers, do you know how many copper coins are circulating in our Daqin market now?" β
Naturally, the ministers did not know about this matter. But there is no doubt that this number must be a startling number, calculate this number. Even in the eyes of the officials of the household department who specialize in the management of money, it is a very cumbersome matter.
"Ministers, not counting gold and silver. That is, when it comes to this copper coin, three years ago, there were 120 million copper coins circulating in the market in Daqin, and 8 million needed to be replenished every year due to various losses. Last year, the figure was 360 million, and the number of copper coins that needed to be replenished was 37 million. This year, that number has swelled to 710 million, and 48.5 million copper coins need to be replenished. Xiao He said this, and breathed a heavy sigh of relief.
In order to calculate this number, Xiao He made a lot of effort. However, the effect is also obvious, as soon as this series of numbers came out, the little friends in the court were instantly stunned.
In the past, everyone felt that Daqin was getting richer and richer, and Daqin was becoming more and more prosperous. The people are getting better and better, the clothes are getting warmer and warmer, and the houses are getting bigger and bigger. These are the most intuitive experiences in life, but now Xiao He shows everything with a clear number.
In other words, compared with the year before, Daqin's economic volume increased threefold last year, and this year, it has tripled. You must know that the further the economy grows, the more difficult it will be. It can be said that the current Daqin economy is in a stage of vigorous development.
"Lord Xiao, is there any direct correlation between this number and the change of currency?" An official asked puzzled.
The official thought to himself that it was true that Daqin's economy was developing, but this was not directly related to the change of currency. It stands to reason that the economy of Daqin is growing with copper coins, and it is growing with gold and silver coins. As long as we do not return to the era of barter, it will not affect the economic growth of Daqin.
Xiao He glanced at the official with mentally handicapped eyes, and then said slowly: "This is not true, this number is not only related to the change of currency. Even, whether to change the currency or not, will it directly affect the development of my Great Qin's military strength? β
"What do you mean by that?" The ministers asked puzzled.
They said in their hearts, how can this still have something to do with the military, what's the matter, if you don't change the currency, the Great Qin army won't be able to fight?
At this time, Xiao He said slowly: "Ladies and gentlemen, you need to replenish 48.5 million copper coins this year. And minting these copper coins also means that it needs to consume seventy percent of the copper produced by my Great Qin this year, in other words, that is, the Great Qin army will not be able to buy muskets and artillery this year. It is even possible that there will not even be a supply of shells and bullets. β
"This year there can be bumpy additions, but next year this number will inevitably increase again. If the supply of copper in Daqin is not available at that time, then how can this gap be replenished. Could it be that when the time comes, the muskets and artillery in the generals will be melted to mint coins? Xiao He asked rhetorically.
Who knows, as soon as Xiao He's words landed, the military attachΓ©s in the court immediately fried the pot.
"Nonsense, how can you melt the cannon?"
"Melting the cannon, can you keep it with a lot of money?" Immediately, the military general said nonsense.
"This currency must be exchanged."
"I said that there is no shadow of our cannons until now, and the emotional copper mine has been cast for you." A military general said angrily.
(End of chapter)