In good conscience, Yang Shaofeng spent a lot of effort for the construction of the border city, especially the 100,000 taels of silver allocated by the household department, which actually sounded like a joke, or the household department originally did not expect that Yang Shaofeng would expand the border city to the scale of Chang'an and Luoyang.

It was precisely because the household department only gave 100,000 taels that Yang Shaofeng had to find a way to make money by himself, and then slowly expand the border city.

Making money for the border city is two different concepts from making money for oneself, so many industries related to the border city are divided into three parts, one part belongs to Yang Shaofeng's own pocket, one part belongs to Zhu Zhanji, and one part is used for the construction of the border city.

Of course, for some traversers, if the money does not fall into their pockets, it is a loss, and from this point of view, Yang Shaofeng is simply a blood loss, because a lot of the money that should have been his own was divided.

But if you look at it from another angle

Silver is a good thing, but there is another premise - if you have a life to earn, you have to have a life to spend.

Many traversers only care about playing with their lives to make money, but they never think about whether they can keep such a big family business depends on their relationship with officials or emperors

If you have to give a realistic example, think about who is the majority shareholder of Penguin and who is the shareholder behind Standard Bank of South Africa.

The part assigned to Zhu Zhanji is actually equivalent to the part that is assigned to Zhu Laosi, and the part that is assigned to the construction of the border city, and after the construction of the border city is completed, this part will be attributed to the household department - that is to say, behind Yang Shaofeng's current business are the two great gods of Zhu Laosi and the household department, even if someone wants to make an idea, they have to weigh it carefully.

What's more, if there is no border city, if there is no support from Zhu Laosi and the household department behind him, no matter how many ideas and great skills Yang Shaofeng has, how can he toss such a big industry

Therefore, from another point of view, it is equivalent to Yang Shaofeng taking advantage of the opportunity of building a border city to make money for himself, and he can make it steadily, not afraid of making money without spending it.

Now Xia Lao Li suddenly mentioned that he wanted to hand over the construction of the new capital city of Shuntian Mansion to himself, which made it clear that he was either giving himself a chance to make money - or this old man thought that he had made too much money in the border city and planned to make himself bleed

After pondering for a long time, Yang Shaofeng, who was a little confused, glanced at Zhu Laosi's face and said, "Grandfather"

Zhu Lao hummed expressionlessly and said, "Say." ”

Yang Shaofeng said: "After all, my grandson is younger, and the matter of the capital is so important, my grandson is worried that he will live up to his grandfather's expectations." ”

Zhu Laosi sighed and said: "I ask you, how much of the affairs of the city here are done by you, and how many are Liang Jinglun and Qi Mutang who are taking care of it for you."

Yang Shaofeng said: "Most of them are taken care of by Liang Jinglun and Qi Mutang, and my grandson is only responsible for putting forward some opinions, and rarely cares about specific things." ”

Zhu Laosi said: "Isn't this over." Shuntianfu built the imperial city, what Xia Aiqing wants you to preside over and oversee the overall situation, and not let you do everything yourself, what are you afraid of?"

Yang Shaofeng glanced left and right, and simply took Zhu Laosi and Xia Yuanji back to the Lifting Division, and asked everyone to quit before asking: "Why did Xia Butang let Xia Guan preside over the construction of the Imperial City, is it because he thinks that these industries that Xia Guan tossed out in the border city are too profitable?"

Xia Yuanji said with a dark face: "Nonsense! Didn't you say that there would be a part of the treasury in the future, old man

What the old man needs is your Tao Zhugong's ability, so that the treasury can save some silver, and it can be used in more places where it is needed. ”

Nodding, Yang Shaofeng pondered and said, "There is no one else at the moment, so that kid will have something to say."

Seeing that Zhu Laosi and Xia Yuanji both nodded, Yang Shaofeng said directly: "What do you need so much silver in the treasury to spend money to call money, and what is left in the treasury is waste paper, what is the use except for being good-looking?"

Xia Yuanji shook his head and said: "There is no real money stored in the treasury, once something happens, what should I do?"

Seeing that Yang Shaofeng was puzzled, Xia Yuanji continued: "For example, the last Liaozhou disaster relief and Linqing disaster relief, and the 100,000 taels of silver allocated to the border city, if there is no one in the treasury, what should I do?"

Yang Shaofeng finally understood.

Many people say that if a financial manager keeps the company without debts for a long time, it means that the financial manager is incapable and is a failed finance, including Yang Shaofeng has always thought so.

However, this idea of debt operation is feasible in later generations, but it is not feasible at all in the Ming Dynasty.

To give the simplest example———— Zhu Laosi took Ma Zai to smash the field of Alutai's house, what should I do if I want to reward the treasury without silver after the war

Later generations can print money, which is great because of the additional issuance, which will cause a certain amount of inflation, but the overall economy of later generations is large, and the stock market and futures can be wool, as well as policy adjustments and various bonds, so the debt operation is normal.

If it weren't for Yang Shaofeng's constant tossing, it is estimated that the final fate of the treasure banknote would be the same as in the original history, depreciating more and more until it was completely abandoned.

To put it simply, Daming does not have the prerequisites for debt-based operation at all, and how much money is used to do how much is the consensus of everyone, and it is also the most basic principle, and Xia Yuanji is no exception.

If there is not enough silver in the treasury, then Zhu Laosi and Xia Yuanji can only print treasure money to reward, and the value of treasure money is terrible low, and the soldiers can't spend it with treasure money, and the impact will not affect the morale of the army

Everyone is fighting with their lives, but when you turn around, you get a pile of waste paper, will anyone play with you next time?

So that's the misunderstanding of two different ways of thinking.

After pondering for a long time, Yang Shaofeng spoke: "The current situation is obvious, as long as the exchange of treasure money and silver continues to be carried out, treasure money is silver, silver is treasure money, and Xia Butang will be entangled in gold and silver."

Xia Yuanji's eyes lit up, and then dimmed again: "The old man doesn't know this truth.

But just like before, the consequence of the excessive printing of treasure money is the depreciation of treasure money, and the old man can't watch the treasure money that has finally improved be destroyed like this. ”

Yang Shaofeng blinked, carefully sorted out his thoughts again, and then spoke: "Then Xia Guan dares to ask Xia Butang, what is the basis for how many treasure banknotes are planned to be printed and distributed next year?"

Xia Yuanji stroked his beard and said: "Naturally, this year's tax and treasury silver, in addition to issuing new banknotes, we will also destroy 19 million ingots of old banknotes and reprint 20,000 treasure banknotes. ”

Yang Shaofeng shook his head and said: "I have read the newspapers and official documents of the past years, and I have also asked His Royal Highness Taisun to help me retrieve some records, according to these documents, it can be concluded that from the first year of Yongle to the twelfth year of Yongle, the taxes and deposits of gold and silver collected by the treasury have not changed, while the treasure banknotes have been printed and distributed in large quantities.

Since last year, the proportion of commercial taxes in the treasury has been higher than in previous years, and there has been no change in gold and silver, but other materials have increased simultaneously.

Until this year, the proportion of commercial taxes in the treasury has almost doubled, and the deposit of silver is 20,000 taels more than last year, and other materials have basically not changed.

Xia Yuanji nodded and said: "That's right, the deposit of silver is indeed increasing, and the expenditure on river embankments and bridges this year is far higher than in previous years, so in fact, the increase in silver deposit is not only 20,000, it should be 120,000 taels." ”

Yang Shaofeng nodded and said, "Then the problem comes." ”

After thinking about it, Yang Shaofeng said: "What is the amount of treasure money held by the people, and 19 million ingots of treasure banknotes are destroyed, but only 20,000 treasure banknotes are printed, what should the people do when they need treasure money?"

Xia Yuanji was suddenly a little dumbfounded.

When there is a lack of treasure money among the people, even if it is true, it can't be printed

After Xia Yuanji said this idea, Yang Shaofeng couldn't help but mock: "The recovered taxes were originally part of the people, and Xia Butang's destruction of the old banknotes is equivalent to artificially destroying a part of the treasure banknotes that originally belonged to the people, which can indeed increase the value of the treasure banknotes, but it will affect the prices of the people."

And to put it bluntly, the treasure money gap in the city here alone is more than one million, and Xia Butang only adds 20,000 yuan, but it is enough for anyone."

was said by Yang Shaofeng, Xia Yuanji immediately reacted - as the so-called living within one's means, the result is too much less than what is in, and the materials of the people are increasing, the consequence is inevitably that the value of the treasure money is higher, but the price is lower, and in the end it is easy to hurt the people.

Wiping the cold sweat on his forehead, Xia Yuanji arched his hand and said: "Then according to the opinion of the champion, how should this matter be done, since there is a lack of treasure money in this city, why not completely relax the restrictions and allow the people to bring treasure money over"

Yang Shaofeng said: "The restrictions must be relaxed, but they can't all be released at once, they can only come step by step, otherwise it will only ruin the current situation of the border city."

As for the matter of printing, naturally Xia Butang and the colleagues of the household department, Xia Butang and the colleagues of the household department, Xia Guan is far away in the border city, how can he put forward targeted opinions

It's just that according to the estimation of the lower officials, if Xia Butang destroys all the 19 million old banknotes, then even if Xia Butang prints 400,000 yuan of treasure banknotes, it may have to print hundreds of thousands more after the spring tax comes up, otherwise the people will be prone to a shortage of money. ”

Xia Yuanji nodded and said, "After the old man goes back, he will have to check with his colleagues again, and he must come up with a proper way." ”

Just after finishing speaking, Xia Yuanji remembered one more thing.