Chapter 30 Bad money drives out good money
In the Mansion of the Duke of Yiguo, the housekeeper Li Sanjiu was reporting to Lang Zhu Yuwenwen, reading the latest report of the "Market Research Department" in the mansion, which was a summary of the situation of prices in Huangzhou City, and Yang Ji was present. Pen & Fun & Pavilion www.biquge.info
"The circulation of private money in the market has gradually increased, and it is rumored that there are private furnaces to mint money, and it is transported to the state and county for sale, and the private money is bought for five or six hundred, and the traitor can be mixed with 100 hangs, and 10,000 hangs can be mixed with 1,000 hangs..."
"There are many names for bad money, such as 'goose eye', 'fish eye', 'water drifting', 'wind skin', 'sand money', etc...."
"The coins of the past dynasties are also mixed in it, there are two Han and five baht, there are Xinmang six springs, Ji Han Zhi one hundred and five coins, Cheng Han and Han Xing coins, Yuan Wei Taihe five baht, Gao Qi Changping five baht, and the coins of the Southern Dynasties."
"Big money and small money are mixed, traders use car money, no longer counted, and only the argument is consistent, and there are eighty for Mo, or even seventy for Mo, according to the system, one Mo Baiwen, now it is not enough."
"Most of the coins in circulation in the market are mixed with good and bad, and what should have been sold at a consistent price has now risen to 1,3400 wen, all because the coins are difficult to distinguish between good and bad, and the people are at a loss, and the transactions are mostly bartered."
Hearing this, Yuwen Wen looked at Yang Ji with a straight face and said, "Listen, it's not that there is a shortage of materials, but prices have started to rise, this is inflation!" ”
"There is more and more money on the market, and the result is bad money, and the same amount of money can buy fewer and fewer things, that is, the people do not believe in copper money, which can be bought with 100 wen money, but now it can be bought with 120 wen and various colors."
"Guogong, private coinage has been banned since ancient times, and it cannot be cured."
Yang Ji said slowly, Yuwen Wen saw the other party winking at him, and then coughed dryly, Li Sanjiu on the side knew that the time for these two "secret talks" had come again, and the acquaintance retired.
"Yang Jian is now newly minting five baht coins, which is as heavy as the text, each thousand pounds and two taels weighs four catties and two taels, which is enough, and my father is doing the same now, what is the result? Well? Prices are rising! ”
"The copper coins from Daye have disappeared as soon as they are put on the market, and the five-baht coins of the Sui State have been widely used as soon as they are promoted, do you know how he did it?"
Yang Ji opened his mouth when he heard this: "In April of the third year, the edict was passed on all sides, and each paid a hundred yuan as a sample, from outside the pass, the sample was similar, and then it was passed, and the one who was different from the other, that is, the bad copper, entered the official. ”
"The following year, the edict is still forbidden, the county order takes half a year, the first month of the fifth year, and the edict again..."
"Okay, okay, okay, is it interesting to endorse?."
Yu Wenwen interrupted Yang Ji's recitation, and he directly memorized the relevant content of the historical materials.
"Guogong, there are huge profits in privately minting coins, so the private minting is like a carp crossing the river, even if the punishment is harsh, but there is no way to cure it in all dynasties." Yang Ji said, "Of course, private casters must not be severely punished. ”
"Severe punishment? Of course, it must be punished severely, but what is the use of severe punishment alone? Those big households directly put the good money in an urn of cellars, what should I do? How to dispose of other people's money, but how can this good money on the market be so tossed! ”
"Don't you know, today's merchants are becoming more and more picky, looking for excuses to raise the price every day, the price of rice is 200 wen and one stone, and when you pay the money, you say that there is a lot of bad money in your money, and you have to ask for 220 wen, you love to buy and buy, don't buy and roll!"
"Where will the people go to seek justice? Most of the money on the market is bad money, what about the legendary Daye official money? Everyone has never seen it, Yang Sima! ”
"Don't be impatient, the officials and soldiers have food, and the army can't be confused."
"The will of the people will affect the morale of the military." Yu Wenwen sighed, after becoming the manager, there are many more things to consider than the history of a state assassin, and if the matter of the flood of private money is not solved, it is useless for him to get ten more copper mountains.
If we don't take any more measures, it will be too late when prices skyrocket.
"Those bastards' nests are probably almost touched, and my father will do it after he is fully prepared, so don't watch from the sidelines."
Yang Ji's heart moved when he heard this, and then asked, "Could it be that there is collusion between officials inside and outside?" ”
"It is inevitable that the money produced by Daye will be transported everywhere before it is hot, how can it be so fast without internal ghosts." Yu Wenwen sneered, "Of course, there are also ways to be fair-minded, but if you do business, you don't have a handle." ”
"What does Guogong mean is that after catching the smuggler, he will obtain a confession and then follow the vine?"
"Exactly, so you have to beware of these people jumping over the wall in a hurry, such as fishing in troubled waters to make a civil change or something, so you have to sit in the barracks, ready to shoot at any time."
Yang Ji looked at Yu Wenwen, and asked after a moment of confusion: "Is Guogong going to capture the old man?" ”
"Now that Bengong is in charge, he can no longer go off the rails, and if he learns the Chinese New Year's Eve story four years ago, he will probably be considered incompetent." Yu Wenwen shook his head, "The head of Bazhou, who controls many armies, actually gives people to besiege the mansion, isn't that a waste?" ”
"What does Guogong mean, Xiaguan Town guards the military camp with static braking, is the situation very serious?"
"It's not very serious, at least I haven't found out which state has been involved in this kind of thing." Yu Wenwen touched his chin, and then grinned, "Of course it's better to have, just take it for the sacrificial flag!" ”
Yang Ji heard what Yu Wenwen said, his face was a little solemn, of course he knew that most of the people who minted coins privately had backers behind them, either local tyrants or colluded with local officials.
Bad money is rampant and causes prices to rise, which is indeed a big problem, and Yu Wenwen wants to solve the problem with both hands, so the next thing is how to minimize the loss.
"Don't think so seriously, my father has his own measure, those few particularly arrogant private stoves must be eradicated, and there are a few small fish and shrimp left, let the state and county officials solve it themselves, if they are not clean, then find a way to wipe their butts!"
"Guogong, even so, but the copper money is still not enough, the official money is to protect the majesty of the imperial court, the workmanship is exquisite and expensive, even if no one takes it to melt the private casting, it is inevitable to cut the edge and steal the material, and those big families are also a problem to store good money."
"The meal should be eaten in one bite, and the problem of private casting should be dealt with first, and the problem of good money being hidden cannot be solved overnight."
Yu Wenwen sighed helplessly, the problem of bad money driving out good money made him encounter it, since he couldn't hide, he rolled up his sleeves.
The so-called expulsion of good money by bad money means that among the currencies in circulation in the market, the currency with high actual value (good money) will inevitably be melted, collected or exported and withdrawn from circulation.
However, the actual value of the currency (bad money) flooded the market, and the private coins contributed to this situation, and the Central Plains has been short of copper, so the official system of full copper coins is not enough.
The big ones save the good money, and the units are counted in tens of thousands, while the private casters melt the good money to make bad money, or cut the good money to steal copper, so that the good money is not enough, and it also becomes bad money.
As long as copper is used as a coin, this cannot be avoided unless the face value of the coin is much greater than its own copper content, but this practice of falsely marking the value of the coin has failed for hundreds of years.
This requires the government to have a good reputation and effective supervision, and the private minting of coins is related to huge profits, even if it is the paper money of later generations, there are also people who forge.
With Yu Wenwen's current strength, at most he can treat the symptoms and there is no way to "cure the root cause", the only thing he can do is to reduce losses, and Daye Money Prison, which is easy to open, must not become a money-losing product, whoever dares to cut off his financial route, he will cut off whoever lives.
How can the right to mint money, which is so easy to have, be left to waste! (To be continued.) )