Liu Feng decided to find out how much gold and silver there was in the treasury now, and whether it was enough to buy some equipment to attack the system people, these guys were really in their throats in West Africa and other places, and they were very unhappy not to pull it out. Pen & Fun & Pavilion www.biquge.info

Liu Feng summoned Hu Ya, Jasmine, and the Chancellor of the Exchequer to discuss how to win a war, that is, a war to plunder gold and silver resources.

Only gold and silver are the most convenient way to directly exchange system resources, and others such as selling ore or grain are too long, and if the system people call, they will have no time to defend.

Last time, Liu Feng only saw the skin, and he didn't know if he could resist the intrusion of the system, and no one could say whether they had hole cards or not.

After the financial meeting, Liu Feng was taken aback, the mint printed 18 trillion banknotes last year, all of which were used to buy farmland in the states and then divided them equally.

In addition, 30 trillion yuan of banknotes were printed in most of this year, and 10 trillion yuan was used to pay for land and the purchase of real estate, real estate, and resettlement of powerful landlords.

The other 20 trillion yuan, 10 trillion yuan for laying railways and highways at all levels, the gap in the next three years is 40 trillion yuan, if all roads and railways are connected.

The state treasury now has a balance of 10 trillion banknotes, and the paper industry has temporarily suspended production to prevent the collapse of the country and the economy.

In addition to the 20 trillion deposits absorbed by the Han Imperial Bank, there is still an excess of 20 trillion yuan in the banknotes on the market, which may remain in the Han Dynasty or have flowed into other vassal states.

This is a hidden danger, and this situation must be changed as soon as possible, and now the export value of supermarkets plus light textiles, cotton spinning and some handicrafts in the Han Empire is less than 2 trillion yuan.

In other words, it will take 10 years of struggle to recover so many banknotes, but the reality is not as expected, in ten years, not only must the necessary raw materials be imported, but also to guard against attacks from the system.

In other words, the trade of the Han Empire has increased dramatically in the past year, and there is a danger of collapse, and this embarrassing situation must be changed.

The domestically produced grain has basically been sold into the Earth Federation by itself, and the coal and iron mines are also being sold to the Earth Federation in development, and if you want to maintain this huge empire, you need to import a lot of raw materials from other vassal states.

Because the standard of living of the Han Empire was raised, it was difficult to come down, so it had to obtain a large amount of raw materials from other vassal states to support the operation of this empire.

The Ministry of Finance has drawn up a list of the annual imports of the Han Empire:

Iron ore: the total import volume is 100 million tons, and the import sources are the Republic of Jizhou, the Republic of Liaodong, the Republic of Huainan and the Republic of Jingzhou. The price of iron ore is 1200 Han yuan/ton.

The Han Empire alone will pay more than 120 billion yuan a year for iron ore alone.

Coal mines: the total import volume is 200 million tons, and the import sources are the Republic of Jizhou, the Republic of Liaodong, the Republic of Jingzhou, the Republic of Huainan, the Republic of Yizhou, the Republic of Xiliang, and the Republic of Bingzhou.

Mainly from the waterway, the price of coal mine is 1,000 yuan / ton, and the total payment is 240 billion.

Raw silk: 40,000 tons of imports, imported from Yangzhou Republic, Lingnan Republic, Jingzhou Republic, Yizhou Republic. The price of raw silk is 3 million Han yuan/ton, and 120 billion needs to be paid a year.

Tea: the import volume is 20 million catties, and the import sources are the Republic of Yangzhou, the Republic of Huainan, and the Republic of Jingzhou. Lingnan Republic, Yizhou Republic. The price of tea is 300 yuan per catty, and you need to pay 60 billion Han yuan per year.

Flour: 100 million bags of imports, imported from the Republic of Jizhou, the Republic of Jizhou, and the Republic of Huainan. The price of flour is 100 yuan/bag. It is necessary to pay 10 billion Han Yuan every year.

Rice: 50 million bags were imported, and the import sources were Yangzhou Republic, Huainan Republic, Jingzhou Republic, Yizhou Republic, Lingnan Republic. The price is 200 yuan per bag, and you need to pay 10 billion Han yuan per year.

Cotton: 6 million tons, imported from Xiliang Republic, Jizhou Republic, and Bingzhou Republic. 15,000 per ton of cotton, 90 billion Han dollars need to be paid every year.

Edible oilseeds: 80 million catties of imports, imported from Yangzhou Republic, Jingzhou Republic, Huainan Republic, Lingnan Republic. The price of oil is 500 yuan/catty, and the annual payment is 40 billion.

Porcelain: 4 million pieces of imports, imported from Jingzhou Republic, Yangzhou Republic, Lingnan Republic, 100 yuan / piece, 400 million yuan per year.

As for some other things that have not been included in it for the time being, some groceries and other things that mean that the above imports need to pay 5,600 yuan a year.

The annual export scale of light textiles, paper and supermarkets is 2 trillion yuan of goods, the vast majority of which are sold by the Han Empire, because these high-grade light spinning silks are expensive and can only be digested by the Han Empire.

Last year's exports were 200 billion Han Yuan, and the annual trade deficit was as much as 300 billion yuan, plus all these imported things were used for domestic consumption, whether it was coal or iron ore, all of which were used to pave railways.

In addition, cement is also being used to pave roads, which means that it is now in a very disadvantageous situation.

The effect of the trade deficit was instability, because the Han Imperial Bank began to open banks in the vassal states, all of which were open to the exchange of gold coins.

Gold coins, silver coins, and copper plates constitute an important support for Liufeng banknotes, and gold and silver coins are minted with 50 grams.

A gold coin that greets is exchanged for 20 Han coins/gram and is 1,000 Han coins/gold coin.

The same is true for silver coins, which are exchanged for 4 yuan/silver coin, which is 200 yuan/silver coins.

The copper plate is exchanged for a large Han currency according to a copper plate.

Now the 20 trillion Han coins that go out don't know where to become the place where Liu Feng's heart is beating.

Now we must change this situation, because now the internal gold coins of the Han Imperial Bank are 20 million gold coins, 300 million silver coins, and 200 billion copper plates, which is equivalent to 300 billion yuan of Han coins.

If the other vassal states forcibly exchanged paper money in their hands, they were likely to collapse, and they could collapse themselves with a year's worth of foreign exchange earnings.

In addition, the private gold coins and copper plates minted by other vassal states in imitation of the Han Empire are constantly impacting the already fragile Han currency system.

Although these gold and silver coins were minted by other empires, their fineness was no worse than that of the Han Empire, so no one investigated whether they were real or fake, which is an important issue, which is equivalent to the coinage not being completely in their own hands.

There are still 2 million catties of gold on the Willow Wind Fairy A panel, if all of them are minted into gold coins, it will be 20 million, and silver will be minted from Yuzhou Island for 100 million taels, that is, 100 million silver coins.

This is not the way to go, Liu Feng decided to discuss with Hu Ya whether he could solve the current solution.

Hu Ya has only come to one conclusion about these things, because he has learned a little about economics before, that is, the excessive issuance of paper money has gone beyond the ordinary credit expansion behavior and reached a dangerous critical point.

If the instability brought about by this gold standard is not changed as soon as possible, it is likely that the economy will collapse, and the result of this collapse will be that all the hard work of the Han Empire will be in vain, and it will only bring endless troubles, rebellions, and uprisings! (To be continued.) )