That year, Zhang Hongwu expanded his territory in North America, and every year he didn't know how much gold and silver treasures and all kinds of spices were brought back for the republic; That year, Zhang Cai slaughtered all sides on Yuewang Island, and the entire Yuewang Island has become the territory of the Republic.

That year, there were too many things, but these things had nothing to do with Da Ming and Da Shun.

In the year of the Ming Dynasty, he was busy pulling back his war dividend from Wadao, but he couldn't turn this dividend into war potential.

In the year of Dashun, he was busy rectifying the families and wealthy families in the territory, and planned to carry out a major reform. But the lack of talent with an in-depth understanding of reform, and the fact that Li Zicheng's Wenchen had an unclean butt that made it a mess, he may not have realized this, at least temporarily.

One thing that the two forces have in common is that it is eye-catching to see the "Daily" constantly describing the republic's creation of the outside world, how much profit it has made, and how much territory it has gained. Who has ever had abundant money and materials?

Reform takes money, and it does a lot of money. Partial reform requires the cultivation of the people's wisdom, and Li Zicheng's identity does not allow him to enlighten the people's wisdom. Why? Just because he has done so many immoral things, he really wants to open up the wisdom of the people, and others will be the first to let him step down. Compared with a group of people who have turned into lions, it is not as comfortable as a group of ignorant sheep.

But if the wisdom of the people is not opened, even if the government runs a large number of academies and military academies, and sends a large number of children of former landlords and gentry to study, in the end, what is the difference between it and no reform? Li Zicheng couldn't figure it out, and he didn't want to understand it.

The Ming Dynasty has completely reformed, and they have achieved the wisdom and enlightenment of the people, and they have an advantage that others cannot compare, that is, the orthodox name.

Even if it is a republic, it will not be able to have this title as the orthodoxy of China for the time being.

The reform of the Ming Dynasty is reform, but since the past, the treasury has not been sufficient, which makes all the actions of the Ming Dynasty very small, and it cannot form a scale at all. The worst thing is that when Chongzhen wanted to reform the currency system, Huaxia Bank asked to open a bank in Daming.

This would not have been a big deal, where are there no banks? But this bank was actually opened by an enemy country, which is somewhat of a problem, what if someone else uses this as a base and secretly sends a unit to sneak in as an employee?

The Republic has three small troops, but with super individual combat effectiveness, Da Ming already knows, and he also knows that these three troops are completely smashed out of gold and blood and sweat. Every soldier is definitely the most elite among the hundreds of soldiers. Individual combat is terrible to death, let alone cooperate in battle.

If such troops are allowed to infiltrate their own territory, or even into the city of Beijing, should they also set up a sentry in the room while sleeping? In the middle of the night, I watched a few people sleep, and it felt super bad! Especially if you want to be in love with your concubine...... It's a terrible scenery when you think about it.

However, it is unlikely that it will be banned without him, and some time ago he was busy dealing with the Japanese state and dealing with Dashun, and as a result, he neglected the rectification of finance. In fact, in the past, everyone used either gold and silver or copper coins, even if the content was different, there was a conversion ratio.

Recently, after the penetration of the Huaxia Chamber of Commerce, as well as the beauty and convenience of the three silver coins minted in Huaxia, many people, including their own chambers of commerce, have also saved a lot of such coins. At that time, I didn't have much time to care about this, and I felt that it was gold, silver and bronze, as long as there was no problem with the proportion, it was useless.

At that time, it seems that I also considered minting a batch of coins by myself, but considering that the technology was not up to that level, and the most important thing was that I did not know whether the new currency issued would be recognized by everyone, so I simply put it on hold.

Before you know it, there is a tendency for these coins to proliferate.

Then, with the popularity of the welfare lottery, there are more banknotes on the market. This thin piece of paper actually represents gold, silver and copper coins of equal value.

The first time he saw this thing, Chongzhen thought of the Daming treasure banknote. This thing was released before the Ming Dynasty, but it ended miserably, and no one used it anymore. The reason why some people still use it is mainly because local officers use treasure money to oppress and exploit the common people. Everyone knows that this thing is no longer valuable, but they still use treasure money to exploit the common people in line with the official rule of 'a treasure banknote for huàn consistent money'.

Fortunately, there are almost no such people left, and the reforms are still very successful.

However, Chongzhen didn't expect that his old rival actually issued banknotes, but he didn't know what would happen.

After a year, the treasure money is still strong, but it seems to have begun to fill the entire land of China; In the past two years, Chongzhen also found that the taxes he collected were actually mixed with a lot of banknotes. Take all of them to the bank to exchange them, and you can exchange them for a batch of gold, silver and copper coins, but you have to charge a certain amount of fire consumption, which is really not cost-effective.

But if others really want to count, it is understandable, because in the past two years, everyone has recognized the deposit of this kind of banknote. The most important thing is that the purchasing power of this banknote has always been strong, and the bank has enough gold and silver to exchange huàn, so everyone can use it with confidence. It is precisely because of the large-scale use that Huaxia Bank requires to open a branch in Daming.

To refuse, 100% to refuse. Even if he didn't know why he was a little afraid in his heart, Chongzhen felt very accurately that the fear came from the banknotes in his hand.

The failure of the Daming treasure banknotes, and then the heat of the republic's banknotes, seems to explain some problems, what are the problems that make you afraid.

However, in terms of finance, Chongzhen is a layman, even if it is Li Luo.

Li Luo has the backing of Baishui Sanyou, what can be properly consulted, as long as it does not involve confidentiality, the other party is willing to answer. But the other three, Lin Song has become the vice minister of public security, and I heard that he will be promoted to minister in the next term. Guan Dao was rarely able to contact him, he was already the vice president and academician of the Huaxia Academy of Science and Technology, and he locked himself in the real room every day; Finally, there is ink dyeing, others will soon become the prime minister of the National Assembly, equivalent to the level of deputy speaker, he understands governing the country, and he is half a layman when it comes to the economy.

"Aiqing, how about you say that we also open a bank and issue our own currency at the same time?" Chongzhen gave his opinion.

"Daming treasure banknotes have made the people of Daming lose confidence in treasure banknotes, if you continue to issue banknotes, others will not recognize it is one thing. Therefore, if you want to open a bank and issue currency, it is not impossible, but it is better to issue metal currency at the beginning to improve the credibility of the government. Li Luo could only weigh it and give his own answer.

Chongzhen was also depressed, the mess of his ancestors, he actually asked his descendants, to wipe his buttocks.

But for Li Luo's Jianyì, he can be regarded as recognized.

On the eve of the New Year, the first Daming Royal Bank was established, and the issuance of Daming's gold, silver and copper currency was announced. The first batch was officially launched ten days later and was available at Royal Banks everywhere.

And then, there is no then......

Initially, after exchanging a large number of gold, silver and copper coins in various places, there were people who concentrated on exchanging huàn silver and gold in one place. Because of communication problems, the new silver shipment was delayed for more than ten days, and the bank was smashed by the people, and they said that they no longer believed in the gold, silver and copper currency sold by the Ming Dynasty.

Currencies that cannot be exchanged for gold and silver are nothing more than precious metals.

Subsequently, someone took out a loan, bought a lot of real estate, and then used the real estate to continue to take out loans. Because the formalities were complete, the bank continued to lend in accordance with the rules. As a result, the housing prices in the entire city of Beijing increased more than ten times at that time, and many merchants gathered like sharks smelling blood, and continued to snap up houses in Beijing.

Then, the people who had been taking out loans to buy a house at the beginning disappeared and the loans were paid off.

Where the money comes from, it's the houses that these bought. The house bought for 300 taels was already sold for 1,000 taels of silver, what a good deal.

As a result, these houses were lost in the hands of these chambers of commerce, housing prices plummeted, and many small chambers of commerce went bankrupt. Even the Royal Chamber of Commerce was hurt by this. The Ming Dynasty was rich for a while and returned to the pre-liberation period.

Everyone knows that it is a despicable force that is playing with finance, but Chongzhen really wants to cry, crying why no one understands finance.

Banks can't go on, paper money can't be issued, and the most important thing is that the banknotes of the other party in the market have decisively become more flooded.

Chongzhen really didn't know how to deal with the republic, he felt that his country seemed to be getting out of his own control little by little, but this was not a political and military mistake, but an economic field that all Ming officials looked down on the most.

At that moment, Chongzhen seemed to understand that he was too particular about the law here. All of them have learned from each other's mode of governing the country, so that they have implemented the means of governing the country according to law, and the most important thing is to give the supervisory party a premise for exercising power.

But in this way, there is no way to use the power of the government lightly to forcibly interfere in some economic behavior. Daming lacked financial talents, and as a result, the other party used a very formal method to play ruthlessly.

Chongzhen was really scared, he was confused, how would he deal with the puppet dynasty of the Republic?

If the economy does not come into contact with the crisis for a day, he feels that he will never be an opponent of the Republic.

"Your Majesty, you should continue to suffer from its chaos...... Weichen only has one dangerous move, maybe he can help His Majesty get out of the predicament......" Li Luo finally admonished.

"Say!" Chongzhen seemed to have achieved the last straw and said excitedly.

"Merge, merge with Dashun. With the help of their ruthlessness, with the help of their power, they will unite into a powerful individual and ensure that there is no worries about the future, and a situation of confrontation with the Republic will be formed. You must know that we occupy the Central Plains and Jiangnan, which are the greatest producers of wealth and talent, and they are all more powerful than the remote mountainous areas of the Republic. Since ancient times, which dynasty did not occupy the Central Plains and finally achieve the great cause of hegemony? If you live in a remote place, you plan to win against us, and there are still certain hidden dangers in the republic. It's just that we have been fighting back and forth with Dashun, and our vitality has been greatly damaged, but the other party has taken the opportunity to continue to squeeze us militarily, politically, and economically, and profit from it. Li Luo finally expressed his opinion.

"This ......" Chongzhen didn't get angry, just because Li Luo's words were too strict and too direct.

Directly, it can make him feel the scene of the Republic approaching step by step.

"You step down first......" Chongzhen needed time to think about it.

"No!" Li Luo retired.

On the third day, Daming officially communicated with the intelligence department and sent the secret letter to Li Zicheng.

Thus, there was this secret meeting at sea.