Chapter 708: Currency Crisis

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In the evening, the Ordnance Supervisor.

A person walked in and saluted: "Tell the supervisor, His Royal Highness the Crown Prince and Second Master Cai are here." ”

Li Qi sighed and hurriedly said, "Quickly bring the hot cloth I prepared." ”

"Yes."

After a while, Zhao Huan and Cai Qian walked in side by side.

"(Xiaguan) has seen His Royal Highness the Crown Prince, Second Master Cai."

Li Qi leaned back in his chair, put a hot towel on his head, and moaned twice before he said, "Ouch, the prince and the second master are here, help me up quickly." ”

"Oh."

Yelu Guyu hurriedly stepped forward and helped Li Qi up.

Zhao Huan and Cai Qian glanced at each other, and both shook their heads helplessly. Zhao Huan rolled his eyes and said, "Okay, okay, don't pretend, my father is not here." ”

No, I'm pretending to be so similar, you can see it. Li Qi gave full play to the actor's profession, and said weakly: "What does the prince mean by this, please forgive the officials for being stupid, I don't understand it too well." ”

Cai Qian said angrily: "Are you still stupid? You dare to say that you are not pretending to be sick and not going to the court. ”

"Huh? Malinger? What is feigning illness? ”

Zhao Huan saw Li Qi's appearance of a dead pig who was not afraid of boiling water, he was angry and funny, and said: "Whatever you want, whatever you want, you continue to pretend, anyway, it's not in the way." ”

I should continue to pretend, this is a crime of deception, and I will not admit it if I am killed. Li Qi smiled, stretched out his hand and said, "Prince, second master, please sit down." ”

Zhao Huan naturally sat on the front seat, Li Qi and Cai Qian sat on the left and right, and Yu Qi sat on the last seat.

"Li Qi, yesterday Riri's envoy only went to look for you, and today the news came out, don't say that this matter has nothing to do with you." Zhao Huan glanced at Li Qi quickly, put his hands on the stove in front of him, and rubbed them together.

Li Qi nodded and said, "This is indeed what I asked Qin Hui to do." ”

"Why are you doing that?"

Sweat! Your qualifications are really mediocre enough, I can't even see it. Li Qi said: "I also did this for publicity, for example, to tell other envoys that our Great Song Dynasty is really going to sell weapons to the outside world." ”

"Propaganda?" Zhao Huan frowned slightly: "But when I ordered someone to tell my father about this matter yesterday, I didn't mention it?" ”

"Really?"

"Don't you know it yourself?"

"Ouch, maybe I'm sick and confused, and I've forgotten about it."

Zhao Huan had a headache and said: "You are undoubtedly cutting first and then playing, at the meeting today, those envoys are asking about this, it seems that they are willing to buy weapons from my Great Song Dynasty when they come this time." ”

"That's a good thing."

"A good thing?" Zhao Huan frowned slightly and said, "But now the ministers of the DPRK and China still have doubts about this matter. Of course, the Emperor and the Emperor still support you, so you can rest assured. ”

"What doubts?"

Cai Qian said: "First of all, judging from the orders placed by RI alone, they have a lot of demand, if my Great Song Dynasty sells all the weapons to them, even if they make a lot of money, then what will our soldiers use?" This move will undoubtedly be a trade-off. ”

Li Qi rolled his eyes and said: "Regarding this point, I have said a long time ago, now our ordnance supervisor is researching new weapons, and now we have made some gains, and the weapons that exist now must be eliminated, rather than being scrapped then, it is better to take the opportunity to make a profit, and I guarantee that whether it is today or tomorrow, or even every day in the future, our soldiers of the Great Song Dynasty will never go into battle with dog-beating sticks to meet the enemy." ”

Zhao Huan nodded and said: "In this regard, my father is very confident in you, but there is another point, that is, minerals, although my Great Song Dynasty is far ahead of other countries in this regard, our consumption is also very huge, so my father hopes that you can judge the situation." ”

The implication is that you kid has to do what you can, don't ask them for as much as you want, you can sell as much as you want.

Li Qi said: "Your Royal Highness can reassure the emperor, this consumption is nothing, I have a lot of resources in the Great Song Dynasty, as long as a large amount of copper and iron ore is mined at that time, it will definitely be able to replenish it, besides, they must be coming for our Great Song Dynasty bow and crossbow, most of this bow and crossbow are made of wood, so the consumption of copper and iron will be greatly reduced." ”

Cai Qian suddenly said: "Actually, my father is also a little worried about this aspect. ”

Li Qi was stunned for a moment and asked, "What worries?" ”

Cai Qian didn't answer and asked: "Do you know why the amount of coins minted in my Great Song Dynasty is far better than that of previous dynasties, but I am frequently facing a shortage of currency?" ”

That's a real problem. Li Qi nodded and said: "I also know a little about this, there are three main reasons, one is that my Great Song Dynasty trade is unprecedentedly developed, growing too fast, and my Great Song Dynasty currency can be used casually in neighboring countries, even the merchants of those countries in Persia use the currency of my Great Song Dynasty, which can be said to be an international currency, so that a large amount of currency flows to other countries every year; Second, the currency became lighter and lighter, and there were many types, resulting in confusion in the ratio, the loss of the court's credit, and the loss of confidence in the currency; Finally, and the most critical point, that is, the circulation of money, the lack of copper among the people, and copper is a forbidden thing, the purchasing power of copper coins is much lower than the value of copper, the same weight of copper coins and copper utensils, but the value is five times or even ten times worse, so the people will cast copper coins into containers, and then sell, especially those big landowners, the collection of copper coins is more strict, so that the currency on the market is rare. ”

Zhao Huan nodded frequently when he heard this: "Li Qi, you are not a businessman, and the head of analysis is the Tao." ”

Li Qi said: "Where, where, Your Highness has won a prize, as a businessman, you naturally have to care about the value of money, and no one wants to do nothing for a day, and lose thousands or even thousands of dollars in vain." ”

Cai Qian said: "You are very right. As far as you are concerned, the imperial court has done everything that should be done, especially to stop the outflow of money, and to sell copper coins and make utensils. In fact, in the first two months, there was a money shortage crisis in the south of the Yangtze River, and now there is no copper money in Jiangsu and Zhejiang, and the people can only buy goods with silk cloth, and the imperial court also attaches great importance to this. Daddy said that if you do business, you will definitely not be moral, and the price of weapons will be ridiculously expensive, so the problem is here, weapons are inseparable from copper and iron, once this arms trade is done, although there will be a large amount of currency flowing into our country, but that is all obtained by the imperial court, and the value of the people's copper and iron will definitely increase again, and then the trend of private currency collection will definitely intensify, and how much currency the imperial court will issue at that time is also in vain. ”

Cai Jing had studied currency, and at the beginning, he changed the law, minted a lot of money, reduced the weight of currency, and even did not hesitate to change the quality of currency, so as to meet the needs of the military and government and the extravagant consumption of the royal family and bureaucrats. Although the reform of the money law due to rising prices brought huge financial resources to the imperial court, meeting the expenses of military supplies and other expenses, as well as meeting the needs of the extravagant and corrupt life of the monarchs and ministers of Huizong. However, this caused a chaos in the currency, the wealth of the people flowed into the imperial court, and the credibility of the imperial court was lost, causing social discontent.

Although, this also alleviated the currency crisis in a certain way, this kind of coinage method that violates values will not work, and the danger it brings is gradually exposed.

Li Qi frowned when he heard this, and said, "Jiangsu and Zhejiang are making a money shortage? Why don't I know? Now that he is working on restoring business in Jiangnan, the money shortage at this time is undoubtedly worse.

Cai Qian said: "The imperial court has just received a recital from Jiangsu and Zhejiang. ”

"Then what is the Taishi going to do?"

Cai Qian said: "My father thinks that currency is the foundation of business, and it is indispensable for a moment, so he wants to temporarily issue money to tide over this difficulty. ”

Li Qi hurriedly shook his head and said, "No." Now the value of money is almost lower than that of dark paper, and it must not be issued again. ”

This is a good way, but the problem is that in today's officialdom, the credibility of the imperial court is strictly lacking, and in many places, money has lost its value, which is not equivalent to a piece of waste paper.

Zhao Huan said: "What can I do?" In fact, today I and Master Cai came, arms trading is secondary, this is the primary purpose, my father said that you are an economic envoy, this currency, you should try to alleviate it. ”

I'll go, and then I'll think of me, why did you go earlier? Having said that, even if Song Huizong didn't tell him to go, he would try to prevent the money shortage from continuing to happen, after all, the currency was gone, so there was still a P economy.

Li Qi pondered for a moment and said: "I have also considered this matter, it is not possible to issue money, and it is even more impossible to issue currency." ”

Cai Qian said: "Why is this? There is a lack of currency in the market, and if the imperial court does not issue currency, then what will happen? ”

Li Qi said: "In fact, our mistake is to continue to issue currency, resulting in the depreciation of the currency. There is also the 'money ban'. ”

"Money forbidden?"

In fact, the meaning of the money ban is to prohibit merchants from carrying copper coins out of the country for trade, and prohibit people from destroying money casters without permission.

"Not bad." Li Qi sighed lightly and said: "In fact, our big Song money shortage is just an illusion, not a real lack of money. The trade of our Great Song Dynasty is indeed developed, but it is far from reaching the point where so much currency is needed. In other words, there is more money on the market than commodities on the market, and the supply exceeds demand, so that it will only cause one phenomenon, that is, idle money, that is, a part of the currency is not used, stopped, and the currency begins to pile up, once this situation occurs, then the currency must depreciate, when the currency depreciates, and the value of copper remains the same, then it becomes the way it is now, the value of the currency is far lower than the value of copper, and the people will naturally choose to melt copper coins and make utensils, in fact, this is very beneficial to us. Blocking is a wrong choice. ”

"Proneficial?" Cai Qian exclaimed.

Li Qi nodded and said, "This is a natural regulation of the market. When the people are constantly selling and melting copper coins, the currency is constantly decreasing, and the value of the currency is slowly rising, once the balance is reached, then the people will no longer collect copper coins, and the currency will naturally flow back to the market. In the same way, hindering the flow of money is undoubtedly hindering the development of commerce, commodities are decreasing, money is not decreasing, then money will always have more commodities, supply will always be higher than demand, currency will only continue to depreciate. On the contrary, when there are more commodities than currency, it will naturally prompt the production of money, which is the real money shortage, and the real money shortage will definitely cause the appreciation of the currency, rather than depreciation, and then the copper will slowly flow in the direction of the currency, and then the currency can be issued. ”