The incident happened suddenly, and the Great Khan Burhan wanted to issue treasure money, and even the left minister Liu Dingchen may not know about it. Pen "Fun" Pavilion www.biquge.info and treasure money for these noble courtiers, really know very little, even if the Buddha is temporarily cramming, then you have to find the Buddha? All in all, they are blinded!

The Mongolian nobility didn't know, but that didn't mean no one knew. I just heard the meaning of the Great Khan, the issuance of treasure banknotes is probably imperative, at this moment the left minister Liu Dingchen frowned, for the treasure banknotes, he knows.

"Great Khan! Please give me a word! Although Liu Dingchen knew the temperament of the Great Khan, paid attention to all aspects of things, and never fought uncertain battles, following the Great Khan's side for so many years, he naturally knew that this master had many wonderful ideas, and in the end, all of them were prepared for the powerful Hechi Ti Division. But today, he thinks that it is still necessary to remind the Great Khan, after all, no one is perfect!

"Great Khan! The Ming court also issued treasure banknotes! At the beginning of the Ming Dynasty, under the influence of the Song and Yuan dynasties' indiscriminate issuance of paper money, the Ming court did not issue paper money, but used copper coins as the common currency, and minted "Dazhong Tongbao" and "Hongwu Tongbao", which were concurrently with the money of previous dynasties. However, the lack of copper materials for drum and copper coins, the government "blamed the people for producing copper, and the people destroyed utensils and lost officials", which made the people's resentment boiling, the people were miserable, and the contradictions between the government and the people were acute. On the other hand, the coinage is cumbersome, the value is low, and it is not conducive to long-distance trade, so the merchants are more along the old habit of using money along the Yuan, and it is inconvenient to use money. "Establish a unified national banknote law, and implement a currency circulation system with treasure banknotes as the mainstay and banknotes in parallel. In August of the 27th year of Hongwu, due to the "obstruction of the banknote law", "the edict prohibits copper coins", "order the secretary to collect his money and return it to the official, exchange money according to the number, and do not allow copper coins to be used." Within half a month, all the military, civilian, and commercial merchants will send all the copper coins to the official, and those who dare to use it privately and bury and destroy it will be guilty. "By August of the 27th year of Hongwu, since then, treasure banknotes have become the only currency in circulation.

However, the Ming court treasure banknotes, only care about the issuance but do not pay attention to recycling, only allow the old banknotes to be exchanged for new banknotes, but need to pay the cost of work. In addition, the treasure banknotes are not tolerant of use, there is no fixed value, the issuance is entirely based on financial needs, there is no boundary, there are many counterfeiters, and they will not be recycled, resulting in the proliferation of treasure banknotes, and the value of treasure money has been depreciated again and again.

Around the 22nd year of Hongwu, the paper money depreciated and rose, and the two banknotes in Jiangxi and Fujian could only be exchanged for copper coins of 500 Wen; In the second year of Yongle, rice and stone were once worth 100 yuan; Yongle five years of rice and one stone is worth 30 yuan; In the early years of Xuande, the price of rice had reached the treasure banknote; In the seven years of Xuande, the treasure banknote has always been only worth 5 copper coins; In the ninth year of orthodoxy (1444), the price of rice rose to 100 yuan of treasure banknotes, and the Ming banknotes were no longer passable. During the Zhengde period, the treasure banknote was actually abolished. After that, the Ming court no longer issued banknotes.

Sweat! If I issue treasure money with the Chiti Department, I am afraid that the ending will be as tragic as that of the Ming Court. Since the beginning of the Song Dynasty, paper money has appeared, and its purpose is nothing more than cheap long-distance and large-scale transactions. And now the Great Khan is short of money, trying to issue treasure money to make up for the finances, isn't this different from the tyrannical money law and plundering the wealth of the people? This trip was really a banditry act, and the Ming court had already devoured the bitter fruit, so why should the Great Khan follow suit? ”

When the Ming court's treasure banknotes were said to be bad by the left minister, many Mongolian nobles changed color when they heard the words, and they persuaded each other to oppose the issuance of treasure banknotes.

Batu Bagen said, "Great Khan! In this case, why bother issuing even bird treasure banknotes, the minister thinks that the current silver dollar is very good! "Doesn't it make it even more embarrassing for the Great Khan to oppose it, even one of the generals in the army who supported the Great Khan Burhan?

Of course, there are also those who support Burhan!

Uliji, the head of the household, is one of them. Uliji came out of work and said, "Great Khan! Although the minister knows very little about the treasure bank, but the minister still thinks that the Great Khan is correct, how many times do you doubt the decision of the Great Khan, but in the end you gladly accept it, and enjoy it, today, is not the same as at the beginning? ”

I don't know how many people's contempt Wu Liji's words have attracted to them, especially those Han officials, who thought: Even Lord Zuo Xiang has verbally collided with the Great Khan for this, which shows the harm of treasure money! These people despised Ulgi, and Ulligi reciprocated them.

I really don't know that firewood and rice are expensive! Now that the Hechi Ti Department has just finished a great war, the fallen soldiers need to be compensated, and the meritorious people need to be rewarded. The new attachment of Khalkha Mongolia, coupled with the Beiting Protectorate and the Northern Army Town Guard Mansion have just been established, and the Chi Road from Orkhon to Yinshan Pass must be built, which costs a lot of money. Now that the "treasury" is empty, and the Great Khan is insufficient, let alone nine silver and one bronze, even nine copper and one silver may not be able to turn into a few coins. …… This treasure is good! It's banknotes! Uliji is very kind in his hand, the largest denomination is ten taels, the smallest is one tael, and there are five taels and two taels during the period, think about it, just a blank piece of paper, add some ink to print. Neither need money, or real purchasing power, who doesn't like such a baby? What's more, he's a Tobe Shangshu!

The two factions of supporters and opponents argued endlessly, but Dajinong Dugen was as calm as an old monk. It's not that he doesn't want to fight, but he can't fight, and he can't fight.

"Lord Zuo Xiang's words are wrong!" Just when the two factions were arguing, a voice came from the back of the hall, which surprised Burhan, not only him, but also Liu Dingchen. Even if Liu Dingchen is home, this sentence is enough for others to laugh at for half a year.

I saw the man stand up and let all see him. He wore the traditional Mongolian hairstyle, with a handful of hair on top of his head that could not cover his ravine-like forehead, two buns hanging down on his shoulders, and a hunched back. The small nose sucks between the eyes and the tall cheekbones, and the only thing that can be said in the whole body is probably the beard of a loyal minister across the lips.

"Governor Dunduo of the Ministry of Ministers and Ministers knocks on the Great Khan!"

Dunduo reported his home, so that everyone finally saw this fierce man who dared to openly call out the left minister. It's just that this image is really a bit unsatisfactory, right? Dundo's image is really like the turtle prime minister in film and television. Many ministers have commented on this. For other people's earnest whispers, Dundo is no longer strange. He was originally an abandoned baby, probably because his parents really couldn't accept his appearance, so they abandoned him, right? Fortunately, he met his teacher (Ferdinand's father), who not only nurtured him, but also taught him skills that enabled him to stand out from the crowd, and after a few years of hard work, he was able to become the governor of Tobe. According to the words of Hubu Shangshu Wu Liji, he is such a talented person, with peace of mind (it is also true that Dundo is an iron rooster, plus no one wants to worry about him, it is really a matter of care, this guy's mouth is too poisonous, isn't it the most useful to be put in the household department as a "gatekeeper"?) ）。

"Come forward again!" Having been reviewing in a low-light environment for many years, Burhan now has a very serious myopia, and he can only see one outline of the man too far away.

Dunduo was ordered to take a few steps forward, and sure enough, his appearance was indeed not very good, and his legs and feet were not very convenient, which was really similar to Gu Chen. Burhan couldn't help but laugh, and asked tightly:

"Dundo! You say that the left minister 'this is wrong', but do you have other opinions? ”

Tundo didn't see any outside, and replied, "The minister obeys the order!" Then he faced the left minister Liu Dingchen and said:

"Great Khan! Left-eyed! In the minister's view, the crime of the overflow and depreciation of the Ming treasure banknotes lies in the fact that the intention of the Ming court to issue treasure banknotes is nothing more than to make up for the financial gap, not to facilitate the people; It is because of the distrust of the people, and the paper money is used as currency for money, which is popular in the world, and it originally depends on the credibility of the imperial court. However, the Zhu Ming Dynasty only knew about plunder, blindly implemented it by the violent means of the state, but banned the circulation of silver money, only cared about the issuance but did not control it, and the people's resentment was boiling, but they only cared about the bullet pressure, causing the people to abandon the treasure money like grass mustard and avoid it; In the shoddy production, Mingbao banknotes are made of mulberry as the material, whether it is printing or material, it is not difficult to imitate, so as to cause the flood of **. To sum up the above three articles, it is the root cause of the flood and depreciation of Mingbao banknotes and the abandonment of the people. Sweat! ”

Then Dunduo took two pieces of Hechi Tibu treasure banknotes and said: "On the other hand, my Hechi Tibu treasure banknotes, whether it is material or printing process, are by no means comparable to the Ming court, and the two can be described as the difference between heaven and earth." In addition, the anti-counterfeiting methods of my treasure banknotes are clever and emerge in one after another, which undoubtedly increases the difficulty of imitation. My lord, the Great Khan of the Hechiti tribe - Apdarhan Gulekhan, is a generation of heroes, the pride of the heavens! And will they ignore the people for the sake of profit? In addition, I also started as a businessman, so I naturally know the benefits and disadvantages of 'integrity'. Ladies and gentlemen, have you ever heard of my Hechi Ti Department bullying merchants and forcibly levying apportionments? When Dundo said this, everyone shook their heads. If it weren't for the many good businesses in the Hechi Ti Department, how could commerce and trade be so prosperous? In addition, the Great Khan has just ordered a reduction in taxes, and it is conceivable that it will only become more developed in the future! But Dundo said, "And Ming Ting often does this!" What does Zuo Xiang think? ”

Liu Dingchen was silent, but secretly tasted what Dunduo said, and what this son said was not unreasonable.

"Great Khan! Chen thinks it can be tried! ”

Burhan also thinks so, although the imperial court is in urgent need of money, but this matter should not be rushed as Zuo Xiang thought. So he ordered, "Good! As requested by the left minister, I will officially issue one million taels of treasure banknotes with the official government of the Chiti Ministry! ”

－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－

After the dispersal of the dynasty, Liu Dingchen faintly felt that the matter of the treasure money was still a little anxious. He found that there was a very important problem that had not been solved, and that Tundo might not have thought of it. So, he hurriedly followed Burhan to the upper study.

The upper study was the place where the Great Khan Burhan worked, and even though he dared to go back and forth as soon as he dispersed, it was a little slower, and it was not until the afternoon that Burhan announced that he would come in.

"Great Khan! The minister feels that there is still a very important problem that has not been solved for the treasure banknote, and a bad one may make the treasure money collapse completely, and damage the wisdom of the Great Khan! This is not alarmist! ”

Seeing that the left minister was stubborn, Burhan said, "Okay! Let's talk about it! ”

Liu Dingchen said: "Great Khan! The issuance of treasure banknotes is to replace part of the silver dollar and make up for my lack of silver, yes or no? ”

Zuo Xiang asked, and Burhan nodded. He added, "In this way, silver dollars and treasure bills can be exchanged for money." ”

Speaking of this, Burhan naturally understood what Zuo Xiang wanted to say next, and he smiled before saying:

"Zuo Xiang is afraid that someone will exchange treasure money for silver dollars and force the treasure money system to collapse, right? Indeed, one million taels of Khan is enough to deal with, and if this matter cannot be fundamentally confronted, the more treasure banknotes are issued, the greater the harm to me. Therefore, Ben Khan intends to build up reserves to deal with possible future runs! ”

Reserve! It is established by financial institutions, including banks, that can have sufficient solvency when encountering large withdrawals. As early as the Yuan Dynasty, the government also issued paper money and established a reserve system with the "silver wire standard" for banknote holders to exchange!

When he understood what the reserve system was, Liu Dingchen, the left minister, sighed, "Great Khan!" I still see it longer than my courtiers, and it is really a blessing for Chiti and a blessing for ministers! ”

Hearing this, Burhan blushed a little. Who is Burhan? That's a time-traveler from hereafter! The new youth of the 21st century, who are influenced by contemporary literature (especially novels) and film and television culture, still have this insight.

However, at present, there is no silver in the treasury, and even if Burhan intends to establish a complete reserve system, it may be difficult for a clever woman to cook without rice! In this regard, Burhan only waited for the money bank to be established, then he could rest assured.