In fact, during the period of Emperor Wu of the Han Dynasty, Sang Hongyang gave Emperor Wu of the Han Dynasty a new currency - platinum three coins.

This story provides Cai Dao with another new way of thinking, the coexistence of multiple currencies in the precious metal foundry city.

That's right, Cai Dao just wants to use the silver in the treasury to solve part of the money shortage.

The road to simplicity!

Emperor Wu of the Han Dynasty and Sang Hongyang made the platinum three coins, the variety is still too cumbersome, the vast majority of the people themselves are illiterate, and the memory is not good, and the implementation of this platinum three coins, the price of the silver coins is inflated.

As a result, this innovative form of monetary policy was quickly abolished.

If Liu Che, Emperor Wu of the Han Dynasty, is like a time-traveler from later generations, then Wang Mang is like a time-traveler from ancient times to the Han Dynasty.

Wang Mang's restructuring has caused a great historical regression, and the monetary system is a catastrophe. During his reign, he carried out a total of four currency reforms, each of which became more outrageous than the other, just like the second time, and he actually made more than 20 currencies at one time.

Every currency reform of the new dynasty is a exploitation of ordinary people, and how can a bad currency with an inflated price replace the previous bad currency, and so on, how can the country not be destroyed?

But the silver coins that Cai Dao wanted to promote were very simple, there was only one kind, imitating the Yingyang that flowed into China in large quantities from Mexico at the end of the Qing Dynasty and the beginning of the Republic of China, and Yuan Datou, which was minted later in the early years of the Republic of China.

A silver coin weighs five cents, but it contains only more than half of the silver, and the rest is lead and tin. This silver coin is worth 500 yuan, and it is printed with the words 'Great Song Empire' and 'Half Liang' and a picture of a unicorn.

As for copper coins, they continued to study the casting technology, and strive to greatly reduce the proportion of copper coins, preferably as said in the Yongzheng Dynasty - copper five lead five, or copper four lead six. Bad money drives out good money, which is determined by the laws of the market.

The good news is that now the craftsmen in Cai Dao's hands have studied copper coins that are not easy to break, which has greatly saved the copper mines that were not rich in the Song Dynasty.

In advance, Cai Dao first collected cotton, silk, silk and other valuables such as spices in the state treasury. All of them were exchanged for copper coins minted in the Great Song Dynasty in the past, and they were remanufactured in the furnace, although this would increase the production cost of copper coins, but it could greatly reduce the very good quality of the currency that had been circulating in the market before.

In addition, in the past few years when Cai Dao was in power, there were no major wars with the surrounding countries, and in order to prevent the forbidden army in Bianliang City from becoming a waste again, he would transport a team of about 50,000 people by sea ship every year, aiming directly at the main island of the Japanese state.

Therefore, Cai Dao urgently needed silver ore and copper ore urgently needed in the Great Song Dynasty, Cai Dao found rich silver and gold deposits on the main island of Wa Kingdom, as well as copper mines on various islands in the Philippines.

Using the Japanese to let the forbidden army engage in rotational warfare can not only maintain the combat effectiveness of the forbidden army, but also give these forbidden soldiers a chance to make a fortune, and can further weaken the strength of the Japanese state, so that it will lose a large number of people, and it will not be able to form a large-scale invasion of China again.

Count it all in one fell swoop.

On the first day of the first month of the fourth year of Tianyou, Cai Dao officially announced the first new law in Chinese history that truly exempted agricultural tax - the 'Farmland Tax Exemption Law'.

In the case of the whole country and the Great Song Dynasty, Cai Dao launched the Great Song Empire Qilin coin.

The soldiers of the Forbidden Army were the first to see this kind of silver coin, whether it was from the exquisite appearance of the silver coin, or the feeling of holding it in their hands, all connoisseurs can see that the minting process of this batch of silver coins is very superb.

In the future, all the salaries of the forbidden army were based on this silver coin as the only unit of measurement.

The 300,000 standing forbidden troops in Bianliang City can receive three silver coins per month, which is equivalent to half a consistent amount of money.

The 700,000 forbidden troops in the vicinity of Luoyang Mansion became the second group of people to see this kind of silver coin, they were only able to work in agriculture on weekdays, so they could not receive military salaries, and they would only receive military salaries when they were idle and participated in military exercises.

Of course, for these 700,000 Tuntian soldiers, Cai Dao also gave them a chance to be flexible - the Tuntian soldiers could lease the cultivated land in their hands to those strangers who poured into Luoyang Mansion from all over the country to beg for a living. And they themselves can participate in the monthly military drills.

However, whether the Tuntian soldiers participated in the agricultural slack or participated in military training on weekdays, they could get a slightly lower salary than the standing forbidden army, and they could receive two silver coins per month.

If the Tuntian soldiers want to become a standing forbidden army, they need to pass two passes: application and test.

First of all, one must enlist in the forbidden army for two years to be eligible to apply.

Of course, this is not without exceptions, if you can defeat the examiner in charge of the test with any aspect of martial arts in the test of being selected for the forbidden army, you can directly become a standing forbidden army.

Today's forbidden army is not the young and strong people who were forcibly recruited in the past, they are really recruited. Because, the treatment of the soldiers of the forbidden army has been greatly improved compared with the past, the first of which is that they can eat a full meal, and the standing forbidden army can also eat meat at once. Even pork is a huge temptation for ordinary people.

After the silver coins arrived, all the forbidden soldiers were naturally dumbfounded.

First, of course, I haven't seen it

Second, they are afraid that this new silver coin will not be recognized by the market.

What, the market does not recognize.

This is indeed a fact, but Cai Dao has already prepared a solution to it.

At this time, it should be those middle and low-level officers who should take the lead.

These middle- and low-ranking officers had already been personally instructed by Cai Dao.

After getting the silver coins, the soldiers of the forbidden army had doubts, some were dissatisfied, and even more grumbling soldiers.

Never mind!

There is no need for any explanation at all.

Officers of the middle and lower ranks only need to take these soldiers to one place.

As long as it is something that people use every day, we can buy it in the Royal Department Store!

It's an advertising slogan, but it's also true.

Cai Dao opened a full hundred department stores in Bianliang City and Luoyang Mansion at once, and the plaque of 'Royal Department Store' was handwritten by the little emperor himself.

These royal department stores, which had been in trial operation for a month, were only open to soldiers of the Forbidden Army.

Now it's all right, whether it is the soldiers of the Standing Forbidden Army or the soldiers of the Tuntian Forbidden Army of Luoyang Mansion, after getting the silver coins, they are now satisfied. As for the low silver content of silver coins, which leads to somewhat inflated valuations, these are not problems for them, because as long as the money in hand can buy something, this is fine.

However, no one expected that the common people of Liangjing would be angry.