There are three main stages of monetary development.

The first is the precious metal currency stage, that is, gold, silver, and copper.

The second is the gold standard stage, when the currency issued at this time can be exchanged for a certain amount of gold, which is actually a variant of the first stage.

The third is the credit currency stage, that is, the currency is decoupled from gold, and its value guarantee depends on national credit. Although there is electronic money in the future, it is also classified as credit money.

The benefits of credit money, needless to say.

First, the cost of printing paper money is lower than the cost of minting metal money, and it is more efficient; Secondly, it avoids the wear and tear of the coinage in circulation, prevents the invisible loss of precious metals, and at the same time can avoid the phenomenon of poor circulation caused by criminals cutting or melting metals; More importantly, paper money is easier to keep, carry and transport than metal money, which greatly improves the circulation between currencies and is extremely conducive to the development of the commercial society.

Especially for Li Yang, a traverser, if he took a sack of coins to buy large goods, it would be unimaginable.

Therefore, the establishment of a credit currency system is necessary for Daqin to achieve the goal of a prosperous commercial society in the future.

Of course, since it is a credit currency, then the guarantee of its value depends on the credit of the state, and once the state cannot guarantee this credit, then this currency will be reduced to waste paper.

Because, this kind of currency, in nature, has no value.

In Marx's words, only valuable commodities can act as money, and paper, if it does not represent a definite amount of gold or silver, is always just paper.

For example, in 2006, Zimbabwe exchanged the old and new Zimbabwe dollars at a ratio of 1:1,000;

In 2008, Zimbabwe once again exchanged the old and new Zimbabwe dollars at a ratio of 1:10,000,000,000 (10 billion);

In 2009, Zimbabwe once again launched the exchange of old and new Zimbabwe dollars at a ratio of 1:1,000,000,000,000 (1 trillion);

A loaf of bread sells for 1 trillion yuan, 60% of the country's labor force is unemployed, and the poor can only rely on catching birds in the sky and insects on the ground to satisfy their hunger, and people starve to death every day.

After the issuance of the new currency in 2009, the governor of Zimbabwe's central bank also "politely" said: "I am very sorry, the trillions of billionaires yesterday will not be able to afford their favorite drink today." ”

The reasons for the depreciation of the Zimbabwean currency are mainly due to the sanctions of Western countries, the urgent shortage of foreign exchange, and the failure of domestic policies.

To put it bluntly, Zimbabwe is unable to guarantee its national credit.

Let's just say that today, a Zimbabwean took a 10 trillion yuan Zimbabwean currency and went to China to ask for 10 trillion yuan in exchange, do you agree? You certainly disagree.

But what if the dollar? You'll agree.

Why?

Because the United States has the ability to protect the national credit of the dollar and the world status of the dollar.

If you have to say it more simply and bluntly, it's like an ordinary person, taking a piece of paper to a group of friends, saying that it is worth gold, and this group of people will definitely slap him.

But this person with a group of armed men, holding a gun to the head of this group of friends, saying that the paper in its hand is worth gold, do these friends dare not buy it?

At present, Daqin has enough capacity to guarantee the issuance of credit currency.

Daqin's "national credit" can not only make the people of Daqin buy it, but also Li Yang has self-confidence, but also let the whole world buy it, and in the near future, Daqin banknotes will be able to circulate the world as an international credit currency and cut the wool of the people all over the world.

At that time, Daqin is equivalent to saying that with paper, you can exchange for materials and real money all over the world, and it is simply not too profitable.

For a long time, for Li Yang, relying on force to rule and dominate the world is not the blessing of the people of Great Qin. Because if Daqin wants to conquer the whole world, it will inevitably end up with ten rooms and nine emptiness.

At that time, even if Daqin really conquered the whole world, so what?

How many years can a nation rule the whole world?

A year? Three years? Or ten years?

Throughout history, China's dynasties have risen and fallen, but only three or four hundred years, and if China is still ruled like this, how can it be said to rule the world for a hundred years?

Obviously, it is not cost-effective for the Chinese people to use the lives of the Chinese people to dominate the world, just to rule for a period of time. Who doesn't want to live well? Whose life is not precious? Whose life can be restarted?

The use of strong military and national strength to pry open the world's trade door, so that the world can use Qin currency as an international credit currency for international trade, this means of dominating the world with currency is the most cost-effective deal, and it is also a means that can truly dominate the world for a long time, and it is a great benefit for the country and the people.

At that time, countries all over the world will exchange gold for Qin banknotes, which is equivalent to the world's gold flowing into Great Qin.

Even if Daqin banknotes are no longer recognized by the world in the future, so what, Daqin at that time would already have the world's gold. That is, with paper, in exchange for the wealth of the whole world.

Thinking that credit currency is directly related to the great cause of Daqin to dominate the world in the future, Li Yang is even more determined to issue this bold idea of issuing credit currency.

So, Li Yang said: "The minting of money is too slow, and it is not conducive to circulation and carrying, Benjun has a more subtle method, which is worth trying." ”

As soon as everyone heard this, Zhen Guojun had a clever plan again, and couldn't help but look at him expectantly, and asked, "What is Zhen Guojun's plan, let's talk about it quickly." ”

Li Yang said: "We can issue banknotes and print banknotes to replace the original copper coins. ”

"Paper ...... Folding money? ”

When they heard this, everyone was confused.

Li Yang nodded: "Print the value on the paper and use it as currency, so it is called paper money and banknotes." ”

Li Si and the others were all stunned!

Using paper as money, Zhen Guojun is sure that he is not crazy?

Who would want this kind of money?

Give the paper money to the merchants and let them start building the canal, and the merchants will take this kind of money.

All of a sudden, everyone in the House of State waited for them, and their jaws all dropped in shock.

looked at Li Yang one by one dumbfounded, and couldn't believe that he would say such outrageous words.

Most of these people are supporters of Li Yang, and in the past, no matter how unconventional Li Yang's ideas sounded, they had always supported Li Yang unreservedly. However, this time they really felt that Li Yang's idea was too ridiculous, this was just child's play!

How can a country's currency be replaced by paper? Isn't that nonsense.

Fusu also opened his mouth wide in shock, and it took a long time to recover from his surprise, and cautiously confirmed: "Taifu, you are ...... Earnest? ”

Li Yang nodded solemnly: "The minister is naturally serious, the currency of a country, how can it be a child's play." ”

"............" Fusu and the others were directly speechless, and 10,000 grass and mud horses galloped past in their hearts......

Isn't this child's play? Is there anything more childish than this in the world?

This is a national currency, and paper is used instead...... This joke is a crazy idea, okay.

To be honest, if the person in front of him is not Li Yang, the monarch of Zhenguo, Fusu and Li Si and others, they all want to send him away directly with the word "roll"!

How can a crazy person stay in the court.

It's just that everyone naturally doesn't dare to be so disrespectful to Li Yang.

Li Si said: "Zhen Guojun's idea is too subversive of our cognition, and Si thinks that this matter needs to be discussed. ”

"Li Xiang's words are reasonable, and this matter needs to be discussed." Fusu, Ji Kai, Xiao He and others also nodded.

Obviously, people don't accept this idea that is too rebellious.

After all, in the eyes of their ancients, paper is paper, and no matter how it is, it cannot be linked to the attributes of wealth and money.

For a while, Li Yang was also very depressed.

It seems that if you want to issue credit loans in the Qin State, it is not as easy as you imagined!

However......

At this moment, a voice suddenly sounded behind Li Yang: "Xia Guan thinks that the issuance of banknotes is not necessarily impossible. ”