Chapter 580: Finalize the exchange of coins
As soon as they heard that seventy percent of this year's copper production would be used in coinage, the army was afraid that even the existing guns could not guarantee that they could replenish the ammunition, and the generals in the court were instantly unhappy.
Then I heard Xiao He say that next year, when I am afraid that copper production will not be able to make up for the loss of currency, it is possible that the cannons and muskets will be melted to mint coins, and these generals can be said to be blown up in an instant.
Of course, it was certainly impossible to melt cannons and muskets to mint coins. This is just a means for Xiao He to deliberately stimulate the military generals of the court to force them to stand on the same side as himself.
"Change, this money does have to be exchanged."
"Yes, how can you fuse artillery and muskets to mint coins, isn't that child's play."
The generals shouted loudly.
"Since my Great Qin's copper production is seriously insufficient, it seems that it is imperative to replace copper coins with gold and silver coins. However, the amount of silver produced by my Daqin is also not large, I wonder if it can support such a large-scale currency change? Li Si looked at Xiao He and said solemnly.
A person like Li Si is an old man, so it is natural that Xiao He is the person promoted by Li Chen. The position is to the point where Li Chen is at this point, and it is impossible to do everything by himself, or he does not have the energy to do everything by himself.
Therefore, regarding the exchange of coins, Li Si simply asked Xiao He directly.
Xiao He paused and said, "Shoufu doesn't know that a large amount of silver ore has been transported from Fusang now. Now there is enough money in the treasury for a year, and the exchange is not done blindly. ”
"For the time being, I plan to replace the 48.5 million copper coins that need to be replenished this year with silver coins. In this process, the copper coins on the market are gradually recovered, and then the equivalent amount of silver coins is distributed. In this way, as long as we can recover as many copper coins, as many silver coins will be distributed. As long as we can do not issue indiscriminately, then there will be no problems with the monetary system of Daqin. ”
Silver coins and gold coins are not paper money, gold and silver are originally a precious metal, and they have a certain value in their own right. Therefore, as long as it can be guaranteed that it will not be indiscriminately distributed on the market, it will definitely not have much impact on Daqin's economic system.
While recovering the old currency, the new currency is issued, and a trend of new currency naturally replacing the old currency is formed in a short period of time. In this way, there will not be too much waste of manpower and material resources, nor will it cause panic among the people because of a large number of currency changes in a short period of time.
Just like the exchange of the renminbi in the previous life, both the old and the new currencies are in circulation in the market at the same time. The new currency flows from the banks into the hands of the people, and the people can deposit the old currency in the bank, but the bank must give him new currency.
In this way, the new currency will gradually replace the old currency, and this process will not be very abrupt, and the people will be more likely to accept the new currency.
And if the exchange of currency is forcibly restricted, not to mention how much manpower and material resources need to be consumed, then it will inevitably cause panic among the people. In this case, it may cause the collective reluctance of the people to exchange currency, or the collective run on the currency.
Li Chen is familiar with the history of his previous life for thousands of years, and in many dynasties there have been economic regressions caused by the change of currency. Before Li Chen decided to change to a new currency, he could be said to have done his homework. Now he is no longer the immature boy he used to be, and now he doesn't fight uncertain battles. Now that you have decided to change your currency, you have long been prepared for anything.
Hearing Xiao He's words, almost all the ministers in the court soon agreed to change the currency. To put it bluntly, the exchange method between small currency, medium currency, large currency, and upper currency is simple and reasonable. It can be said that it is far superior to the current monetary system of Daqin.
At present, in addition to circulating copper plates, there are also silver ingots and gold circulating in the Daqin market. In some cases, if you want to trade in silver or gold, you even need to carry a small scale and scissors to divide the silver taels.
Once the small currency, medium currency, large currency, and listed currency are circulated in the market, this complex transaction method can be completely eliminated. The official minted currency has the same weight, which is far more important and reliable than dividing it by itself.
Moreover, Xiao He said that the old currency and the new currency are circulated at the same time, and then the old currency is gradually recycled and the old currency is replaced with the new currency. This step-by-step approach will not cause panic among the common people.
If it is in accordance with the rules of Daqin, this currency replacement will naturally be led by the Ministry of Households, assisted by the Ministry of Industry and other departments. At this time, Li Chen said: "I plan to set up the Daqin Central Bank, which will be responsible for issuing new currency and recycling old currency. Xiao He, for the time being, you are the first governor of the Great Qin Central Bank. ”
Li Chen established the Daqin Central Bank and appointed Xiao He as the first president. None of the ministers in the court objected, because the household department was originally Li Chen's yamen.
Chen Ping, the head of the household, was picked up by Li Chen, and this person can be said to be Li Chen's loyal dog. It can be said that Li Chen is holding the household with his left hand and the army with his right hand, so Li Chen is rich and food.
Originally, the money and grain were all under the control of the household department, but now the establishment of the Daqin Central Bank is equivalent to separating the right to manage money from the household department. However, this Chen Ping is Li Chen's person, and if he doesn't object, naturally no one will object.
Now that the matter of currency exchange has been decided, many details about the currency exchange have begun to be discussed in the court. As the saying goes, the three stinkers beat Zhuge Liang. Not to mention so many ministers in the court, these people discussed everything by word, and unconsciously improved the system a lot. He also put forward many effective suggestions that Li Chen did not think of, and the meeting lasted from daytime to midnight, and only then did all the indications be preliminarily decided.
Fusu specially ordered the imperial dining room to prepare a dinner party, and invited the ministers to the dinner together, and the ministers dispersed after the dinner.
After the dinner, Li Si and Meng Yi left the palace together.
What Meng Yi was holding in his hand was a set of sample coins given by Li Chen, including a small coin, a medium coin, a large coin, and a large coin. Such a pattern coin, Li Chen, the minister attending the meeting today, gave a set.
Meng Yi played with the pattern coin in his hand, looked at the head of the first emperor in the pattern, and said in a sincere tone: "Brother Li, be honest." I raised my hands to approve of the exchange of coins, not for anything else, just to let the first emperor be famous through the ages. ”
There's nothing in this world that is easier to remember than having your head printed on a coin.
There is no doubt about the feelings of Meng Yi and these old ministers for the first emperor, and it is really because of this reason that no one will oppose the currency exchange system. You must know that in the big dye vat of the court, everyone is a color, but today, this matter is a rare consistency among them.