The Apocalypse Treasure Banknote, in essence, is a paper and pen supported by credit, and the link to gold is only a transitional means, and the future Apocalypse Treasure Banknote does not need to be linked to gold, relying on the credit of the empire can support the value of the banknote. Pen % fun % Pavilion www.biquge.info

As for this excess, there is actually nothing wrong with it. After all, the Ming Dynasty is a production-oriented empire and a trade surplus country, and continuous trade will only allow precious metals to pour into the territory of the Ming Dynasty, rather than being lost overseas.

Moreover, the Ming Dynasty in this era does not have the problem of capital flight.

Where can capital flight go?

In all directions, there are either barbarians or vassal states, can those capitals still be able to escape to the land of barbarians? This is obviously impossible, and the barbarian state is smeared by those private capital, and it is very backward, and there is no legal protection, and so on.

As for the investment in those vassal countries, it is enough to use the Apocalypse Treasure Money directly.

The gold exchange of the Ming Dynasty to the outside world is not brainless to exchange for you, the amount is too large and will be reviewed, Zhu Youxiao gradually improved the system in this regard. Any private capital that tries to flee and defect to the enemy will be liquidated first, and the tax collection will make them crooked anyway, just like the United States in the future.

Of course, Daming is not the United States, and there are many things that cannot be learned.

As for the investment of capital in overseas colonies, they are also common to the Apocalypse Treasure Banknote, and those overseas colonies are already provinces of the Ming Dynasty, and there is not much difference in the system. With the exception of India in the South Asian subcontinent, the colony's operations are currently dominated by trade.

To conquer India, it is very simple.

India has been conquered hundreds of times in history, and it is already commonplace, just like drinking water and eating, and the Indians have no will to resist, after all, India is actually divided into states.

In general, the Apocalypse Treasure banknotes have been replaced by a gold standard system, and there is no risk of outflow of precious metals. Moreover, with the further development of Daming industry, the Apocalypse Treasure Banknote will become an international currency in the future, thus extending the control of financial and insurance business.

Both the silver standard and the gold standard were a prelude to the nationalization of precious metals.

After being linked to the gold standard, it is equivalent to that the Ming Dynasty has abandoned the precious metal silver, and only regarded silver as an industrial raw material.

Since the imperial court announced this policy, the price of silver has continued to fall, and soon fell to the level of 35:1, which gradually stabilized.

This price is acceptable to Zhu Youxiao, the Spaniards can no longer plunder a large amount of silver from South America, so as to exchange for a lot of Ming goods, they must use gold, or pay 3.5 times the previous silver.

So how does trade unfold?

After all, the Europeans don't have so much gold now. When a large amount of gold and silver in their hands were lost to the Ming Dynasty, trade could not be carried out.

When trade could not be carried out, the poor and crazy barbarians would wage war and plunder the world's production centers, just like the nomads. Those nomads are essentially military trade organizations, and the reason why they continue to plunder China is because they have no money and want to do business, and if they can't do it, they will directly rob it.

Therefore, in a few years, a naval war will inevitably break out between the Ming and Europe because of trade, and there will be a large number of pirates to plunder the merchant ships of the Ming Dynasty.

There are only two ways to solve this problem, one is to interrupt trade, and the other is to complete the repression by force, bombarding the markets of those European countries with artillery, and turning those European countries into outright dumping grounds for commodities, and European countries export resources in exchange for goods.

Europe really doesn't have too many rare resources, and more of them are nothing more than coal, iron ore, potash and the like.

What else?

Wheat? Wine? Timber?

It seems that there are so many things, and in terms of resources, even India is inferior. India, by contrast, is an extremely raw material country. Although this country seems to be a bit imbecile in terms of manufacturing, and can only rely on the means of exporting deception in exchange for goods, they are indeed very rich in various industrial raw material resources.

Moreover, Europe is too far away from China, the cost of transporting various raw materials is relatively high, and today's shipping technology is not particularly developed.

After so many years of development, a 4,000-ton merchant ship has just been built in the Ming Dynasty. This 4,000-ton merchant ship is built of oak from Burma and has a very strong hull. With the development of this tonnage, sailing ships are basically safer to sail on the sea, even if they encounter relatively large storms, they can be safe and sound.

However, compared with the tens of thousands of tons and 100,000 tons of ships in later generations, it is still far behind.

Of course, there are not so many goods in this era.

So Zhu Youxiao has now also found that trading with Europeans is actually unsustainable. Now that the Europeans have money in their hands, it will last for a few more years.

After a few years, there will be no money to buy things, and it will be inconvenient to sell resources. How to do it and how to suffer losses, so Zhu Youxiao is now planning to give up trade with the Europeans in a few years.

It is equivalent to the enemies of the Ming Dynasty at sea, in fact, those European pirates.

European pirates have always been very guarded, and when the merchant fleet of the Ming Dynasty went to Europe to trade, it was basically escorted by warships throughout the process.

In contrast, India, Africa, Indochina, and the Korean Peninsula are places that can be managed well, and these regions have the resources to exchange for the goods of the Ming Dynasty.

India, in particular, is an excellent dumping ground for commodities, as well as a source of raw materials.

As for the Europeans, they can completely throw them aside and let them play with their own eggs, after all, the international market is occupied by the Ming Dynasty, and the Europeans themselves have no money, so it is impossible to develop an industrial production system, after all, their goods are placed on the international market, and no one buys them at all. The technology is not comparable, the Europeans are generally lazy, and the degree of diligence is not as good as that of the Ming people, what future can their goods have.

If the goods cannot be sold, and there is no money, it is simply impossible to complete industrialization.

At that time, it is enough to prevent the Europeans from robbing by force, and wait until the maritime technology develops to a certain extent, and then turn the whole of Europe into a dumping ground for commodities and raw materials for the Ming Dynasty.

In the fifteenth year of the Apocalypse, the import of Daming's goods in the Indian market is also continuing to expand. In the Indochina Peninsula, the Korean Peninsula, and Southeast Asia, Daming's commodities have long been the mainstream.

In this era, the Ming Dynasty basically did not have any competition in the output of industrial goods. The Europeans, at this time, were not at all production centers.

The immigration activities of the Ming Dynasty are ongoing.

At this time, except for the southwest region, the Ming Dynasty has not carried out reforms, and other regions have already carried out reforms, or completed reforms.

The land issue is still one of the main contradictions in society.

Historically, China has been rebounding from its peak because it has not been able to obtain more arable land. Once the population increases to a certain extent, and there is not enough land supply, it will inevitably cause labor to be worthless, at this time people begin to compete for the means of production, and land annexation will also appear, land annexation reaches a certain level, and the dynasty will sound the horn of destruction.

Since the Han Dynasty, it has been this process of hitting the top and rebounding.

In fact, the land in the Western Regions is not too suitable for farming, and the land of Vietnam is also not too suitable for farming. The Korean Peninsula is too mountainous and not a place rich in agricultural resources. Therefore, the land expansion of ancient China has always been limited by the geographical environment.

Zhu Youxiao has now opened up Southeast Asia and Australia, Southeast Asia mainly develops plantations, and Australia is a place where a large number of immigrants can be immigrated.

Australia has a large number of pastures, a lot of arable land, and relatively favorable climatic conditions. Emigration to Australia is a good option.

At the same time, Zhu Youxiao also set up an immigration base in North America, but the 15th year of the Apocalypse postponed immigration to the Americas because of the high cost. Moreover, there are also a large number of Indians in the Americas, and the Ming Dynasty has been continuously invading North America for the time being, after all, the internal reform has not yet been completed!

However, North America will also become a good place for Ming immigrants in the future, and there will be a lot of arable land. If the common people of the Ming Dynasty immigrated to the past, they would inevitably be able to create a brilliant civilization crystallization in that land.

A Chinese-style North America, don't be too beautiful when you think about it.

However, Zhu Youxiao found a problem, that is, the population of Daming is still too small, and there is no way to reclaim so much land.

"It seems that the population needs to be encouraged to have children." Zhu Youxiao considered that the population growth rate could not keep up with the expansion rate, and decided to encourage the population to have children.

After all, the agricultural technology of the Ming Dynasty at this time is also developing rapidly, coupled with the continuous growth of cultivated land, which means that the Ming Dynasty can feed a very large number of people, and the current population of the Ming Dynasty is simply not enough to see.