Chapter 66: New Minted Coins (Ask for Collection Recommendations)

The minting of new coins is cumbersome, and it is necessary to make a master mold in advance, which is used to make a sub-model, and cannot be used directly. Pen? Interesting? Pavilion wWw. biquge。 info can use this model mother to print a lot of sub-fans, stack dozens of sub-fans together, and mint hundreds of silver and gold coins at a time.

The money supervisor subordinate to the household department must give the coins produced to Lu Chengqi in advance, otherwise Lu Chengqi will directly send them back and recast them on the grounds that they are unqualified.

The new silver and gold coins are alloys, and the silver coin contains about seventy percent silver, and the rest is copper and tin; The gold content of gold coins is about sixty percent, and the rest is silver and copper. No matter what kind of metal it is, it is a precious metal at this time, and the money supervisor of the Great Shun Dynasty is still very dead-eyed, and the coins minted are sufficient.

The reason why Lu Chengqi asked them to use alloys was that he was afraid that someone would deliberately scrape off the silver powder and gold dust from silver coins or gold coins, and then use the insufficient amount of money. As a result, insufficient money has the same purchasing power as sufficient money, which ultimately leads to a decrease in the value of sufficient money.

Moreover, although silver coins and gold coins are legal tender, it is difficult to ensure that the silver coins minted will "eliminate" the gold coins, after all, silver is cheaper than gold, and if you use too many silver coins, the price of gold will rise, and you will earn money by exchanging silver coins for gold coins, and people will not use enough gold coins at that time, but use silver coins to store gold coins. This is the principle of "bad money drives out good money".

Lu Chengqi, who understood this truth, did not let the money supervisor mint a lot of gold coins, but instead minted a large number of silver coins and integrated them into the market circulation. The most important way to do this is through the payment of military salaries to the army, and when the officials are paid their salaries, what used to be given a regular amount of money is now given a silver coin. Because the amount of silver is sufficient, they still earn money in exchange for one silver coin.

As a result, silver coins were highly sought-after, and many of them flowed into the market, but they stimulated the circulation of copper coins. This is the principle of "bad money drives out good money", so that newly minted silver coins and gold coins can play the role of good money, and copper coins can circulate. Everyone knows that silver coins are worth more than copper coins, but instead of using them, they are willing to take out the copper coins stored at home and exchange them for silver coins. In this way, it is equivalent to activating a large number of copper coins with a small amount of silver coins. Just imagine, a silver coin with a volume of seventy percent silver can circulate more than 800 copper coins and eight large coins, no matter how it is calculated, it is all profitable, and to a certain extent, it alleviates the problem of money shortage.

But metal money is not a long-term solution, and the long-term solution lies in the issuance of credit money. The advantage of credit money is that it is issued according to the amount of money used in the market. Its value is much lower than its monetary value, and unlike proxy currencies, it is completely decoupled from precious metals and no longer directly represents any precious metals. Moreover, the credit currency is guaranteed by the credit of the state, which also warns those in power behind that if the national credit is not maintained, even the money will be worthless, and the country will die.

Lu Chengqi thought far away, but he couldn't realize it for a while. What he has to do now is to build up the bank's credit, and only after the bank's credit is established can credit money be issued.

The central bank, which was subordinate to the Ministry of Household but not under the control of the Ministry of Households, was under the tripartite control of the cabinet, the emperor and the money supervisor, that is, they did not even have the power to mint money without the permission of the emperor. Only when the cabinet investigated the situation in the market and reported to the emperor, who thought that it was time to mint money, could the money supervisor start minting money.

With a wave of his hand, Lu Chengqi also deposited the pensions of the officials managed by the household department into the newly established Royal Bank, and the distribution of officials' salaries and military salaries passed through the hands of the Royal Bank, which was managed by the Ministry of Commerce and recorded in the records.

As a for-profit bank, Royal Bank will use the money to make money, but the account department cannot. But if they do, it is called the abuse of power for personal gain.

As soon as the Royal Bank was established, the people who came to exchange silver coins almost broke through the bank's doors. The Ministry of Commerce had no choice but to send someone to tell Lu Chengqi about this, and Lu Chengqi scolded with a smile: "I have a lot of opportunities, and I still have to take care of the small problem of the bank cashing money?" You go and tell the bank to limit the number of exchanges per person, and the daily limit is not enough? ”

As soon as the limited exchange came out, the price of silver rose, which Lu Chengqi did not expect in advance. But there are also many benefits, the silver coins that have always been money can be exchanged for more copper coins, and the exchange rate of private money banks is changing every day, and in just half a month, the original situation of no money is suddenly solved. There were very few silver coins in circulation, but for some reason, copper coins suddenly increased. Facts have proved how correct Lu Chengqi's vision is. It's not that the people don't have money, but they just don't want to use it. Many copper coins in the warehouses of rich people, the hemp rope that connects the copper coins are rotten, and the copper coins are even more colorful patina. When there is more money, the circulation of goods is more frequent, and even the commercial tax is levied a lot more for a while. There is no way, if the rich and noble want to exchange money, they can only do it through consumption.

At this time, the hundred officials knew that the little emperor's hand was simply super predictable, and directly solved the money shortage that the previous dynasty had been unable to suppress.

But Lu Chengqi's mind is no longer like this now, because someone is making trouble with him. According to the intelligence personnel of the Supervision Department who broke into the Liao State, the various tribes of the Liao State began to mobilize troops and horses, as if they were preparing for a big war. After Lu Chengqi read this information, he "chuckled" in his heart, and said secretly: "What are you really afraid of, does this Yelu Hongji also have such a strong judgment?" My new army has not yet become an army, and the Hongxiang-style rifle has only made more than 500 bars, so I will definitely not be able to win it if I fight like this! ”

Intelligence officers predict that in half a month, the Khitans will invade the border, leaving little time for Lu Chengqi to dispatch troops. Lu Chengqi did not hesitate at all, and ordered all the members of the military staff to go to the Zichen Hall to discuss the military situation.

Since its inception, the Military Staff has not fulfilled its functions, but now, it seems, the time has come for it to do so. The generals above the fourth rank who received the summons for a time hurried to the Zichen Hall and waited for the dispatch.

Lu Chengqi asked people to set up a large table, which was originally the dining table used by the emperor when he feasted his ministers, but it was appropriated by Lu Chengqi. The generals sat down according to their official positions, and Lu Chengqi immediately told them the military information. These generals are silent, most of them inherited their father's business, and the official body they obtained was the nobles of the Dashun Dynasty. Usually, the imperial court offered these people up to show the emperor's favor. But when it comes to using it now, they don't really have any real skills.

There are exceptions to everything. Among these nobles, there are still some talents with real skills. For example, Han Fan, who is hereditary Wei Yuanhou, is said to be the descendant of Han Xin, and the family tree is no longer verifiable, and Lu Chengqi suspects that they recognize their ancestors like the Li family in the Tang Dynasty. But it is not denied that this Han Fan's opinion is the same as Lu Chengqi's, he said: "The Khitan cavalry field battle is very sharp, and my border army is not as good as it. Only by holding on to the city will the Khitan people's grain and grass be exhausted, and the border crisis will be solved. ”

The rest of the people couldn't come up with a solution, and Lu Chengqi finally asked, "If I send 10,000 forbidden troops to the border to help defend against the enemy, which general is suitable to lead this important task?" ”

As soon as these words came out, there was a chill below. The Great Shun Dynasty punished the generals who lost the battle very severely, with dismissal at least and beheading at worst. These self-aware straw bales would definitely not dare to take on this task.

Lu Chengqi sighed slightly in his heart, knowing that he couldn't count on them, so he gave an order: "Order Wang Shao, the commander of the forbidden army, to lead 10,000 troops and horses to Youzhou to assist the border army to resist the Khitan attack." ”

(End of Volume 1)