In October of the eighth year of the new country, the new country was still the country and the people were in peace and harmony, and the lives of the people had undergone earth-shaking changes, because the new country had become the center of the world and the center of merchants. All the novelties of various countries have flowed into the territory of the new country, and many of the inventions and creations of the new country have also been applied to the production of the new country. For example, nowadays, the steam engine has slowly replaced a lot of manpower, becoming more and more mature, bringing convenience to people, but also improving efficiency and increasing mechanical labor, so as to create greater benefits.

At the same time, learning from each other's strengths, the people are good at learning under the leadership of the country, and are accustomed to creating zào, thus promoting the progress of the times. The integration of ideas from all sides has made the people of the new country more wise and rational, and their understanding of the country and national policies has deepened. As a result, opposition and arguments have sprung up. However, Lu Bing's lenient policy still allows hundreds of schools of thought to express their opinions, never block the mouths of the people, and laugh and talk about the difficult to reconcile, which is a matter of course, and the people can see it clearly, and at the same time they criticize it, but they respect Lu Bing, the benevolent monarch, very much. At the same time, it is precisely because of this that the new country that embraces all rivers can become stronger and stronger, and the progress of the whole society cannot but be said to be advancing by leaps and bounds.

In the eight years since the new country, according to the report of the Ministry of Households, various tax revenues have reached a new high, of which the commercial tax has reached 78 percent of the country's total revenue, which can be said to be the top priority of the new country's finances. The establishment of the Inhuman Pavilion and the invention of the Creation Bureau have allowed talents from all walks of life to serve the country, take it from the people, and use it for the people. The country is in a virtuous circle. For example, under the nationwide implementation of improved crops, the grain yield per mu of land has increased by as much as 30 percent. This made the Han nation, a large agricultural country, richer and stronger since ancient times, and everyone had food to eat.

Poor and treacherous. Rich conscience, when the people are rich, they will become obedient when they have food, and even if they have opinions, they can appeal, because Lu Bing left them a channel to vent their reactions, not that there is nowhere to redress their grievances and only force the people to rebel. In the eight years since the founding of the People's Republic of China, the land of the first conquest has been in addition to the war. No part of the territory that has been in business for more than two years has ever been rioted. If the people are evacuated, the soldiers will block the water and cover the earth, and sooner or later the embankment will be broken. It is not as effective as dredging Shunzhi.

The treasury is full, there is an innumerable amount of gold and silver, and the grain in the granary is simply not enough, and even if it is exported in large quantities, it is difficult to digest it. Lu Bing then exempted the collection of grain and grass. into things of gold and silver. And the people have more and more money in their hands, which leads to the flow of coins and drives the vitality of the market economy. But it is also inevitable that merchants from all over the world come to do business, so that the gold and silver in the hands of the people become abundant, and the speed of producing commodities with limited resources cannot keep up with the speed of money in the hands of the people, and under the influence of the people's hearts and the market, prices begin to rise slightly. Lu Bing has a regulatory department, and there are two "veterans" Yan Song and Shen Qingshan, who are in charge of the economy. Naturally, with the intervention of the state, the market did not collapse. This also prevented the outflow of gold and silver.

However, it seems that the price of goods does not rise quickly, but it is very painful for businessmen, and it is especially inconvenient for the people. For example, when people bought a steamed bun, they only needed three to six copper plates, but now they need fifteen or sixteen. That's not all, if a merchant is doing business, he used to come with a few hundred taels of silver, and now he has to bring a thousand taels, with the prosperity of trade and the prosperity of the market, everyone's business is getting bigger and bigger, and more and more goods are coming in, and more and more money is coming out. A slight increase in prices multiplied by a huge base becomes very heavy.

As a result, there are three industries that have become extraordinarily prosperous, one is the money bank, under the new national regulatory system, both state-run and private-owned, but they are all very reassuring and impartial. The interest rate of the private sector is relatively high, and the people have just begun to flock to it, but with the development of the economy, there are also money banks that have gone bankrupt in the face of commercial criticism and a run on the bank, and in the end, the money saved by the people is lost, and even if the assets are auctioned, they can only get a small amount of money. This is market behavior, as long as it is not a fraud, the court will not care, someone makes trouble, the court dares to arrest people, sue the people how can they have a deal that is not worthy of making money, how can the good things in the world let you occupy it alone, if you make trouble because you lose money, it is pure nonsense, and it must be severely punished. Therefore, although the private ones are thriving, they are slightly worse in terms of security, but the time-honored brand of Shenjia Qianzhuang is standing tall and has won the hearts of the people, and many people have put their money in Shenjia Qianzhuang.

Secondly, in addition to the new national money bank, there is also the time-honored name of Yang's money bank, both of which are state-run money banks, which do not have the danger of bankruptcy and liquidation, but the profits are relatively low, but relatively conservative Chinese people still love to deposit in these two money houses in order to stabilize the dìng.

The people save money to enter the money bank for two purposes, one is to obtain interest, and the second is to facilitate walking. For example, if you deposit 1,000 taels of silver from the Shanxi Datong branch of Yang's Qianzhuang, then the merchant can get a ticket voucher and easily take a piece of paper to Yang's Qianzhuang in Guangzhou, thousands of miles away, to exchange huàn. In this way, some of the inconvenience of consignment is saved, and there is some safety that is not easy to show wealth on the way, and it is difficult to kill people for money. In addition to the Shen family bank, only the two state-run money banks of Xinguo Money Village and Yang's Money Village can spread all over the north and south of the river, so as to achieve real trade convenience, as long as you carry the bills of these three money banks, you will not be afraid to travel all over the country. Most of the remaining small private banks are limited to a few places or are used locally.

If you deposit money into the bank, you have to give the depositor a profit, that is, interest, otherwise why would people come here to save money. And the money village is not a place of charity, businessmen are very profitable, and the money village is naturally also a businessman, and their way to make money is to invest directly or indirectly, lend to others, and charge higher interest and returns.

In order to increase the amount of money deposited by depositors and to compete for a large number of depositors, so as to grasp a larger amount of funds to operate and seek greater benefits, the two state-run banks, Xinguo Qianzhuang and Yang's Qianzhuang, also issued a large number of investment bonds under the inducement of high profits. For example, for investment in wasteland outside the city, a bond is issued, and after the people buy it, it is equivalent to participating in the shares, and as long as the project makes money, the people will be profitable. Of course, there is money to be made, and there is also money to be lost. But the money bank basically stayed out of the matter, because they earned it and followed it, charging high service fees. If you lose it, it's just the money to accompany the people, this is free commerce, and the court can't restrain it.

Money is risky, and investment should be cautious. Beginning in October of the eighth year of the new country, a policy came out of the palace, and the whole country was in an uproar. Lu Bing ordered the emperor to post notices everywhere. It must also be posted at the city gates and money houses at major intersections, and the yamen must be ordered to carry out propaganda and issue uniform banknotes.

Although because of the heavy inconvenience of gold, silver and copper plates. Daozhì banknotes must be issued, and there are precedents in previous dynasties, such as Jiaozi in the Song Dynasty and Daming Tongbao in the Ming Dynasty. However, most of them ended in failure. Eventually, these banknotes were worth as much as metal money from the beginning. became worthless, and no one even wanted to wipe his ass. Moreover, when it is generally implemented, it is enforced by the state, and now the new state usually does not enforce it, but it also issued a three-year mandatory order on this matter. The various bills of the major banks are equivalent to paper money, but because there are many types, it is relatively easy to confuse, and now the development of the economy leads to more and more inconvenient metal currency. A qiē is both a last resort and a follow-the-trend.

Within three years. All metal currency can be exchanged for huàn banknotes, and the issuance of paper money is based on the number of metal currencies, that is, the more gold and silver in the country, the more currency is issued, and the metal currency of the current year does not increase and no new banknotes are issued in the same year. Metal money and paper money can be used together for three years, and after three years, metal money will be invalidated, and the sooner it is exchanged for huàn, the greater the amount of money, which is not compulsory but compulsory. All localities and businesses are not allowed to refuse to accept banknotes, banknotes have their own numbers and a variety of anti-counterfeiting technology, the people are difficult to imitate, and they draw on some advantages and anti-counterfeiting measures of the bank's bills.

The issuance of banknotes is bound to have a certain impact on the people and cause great opposition, but it is also a major policy for the benefit of the country and the people. With the concept of the amount of banknotes issued and held, there will be no excessive issuance of paper money in the past, and the excessive and uncontrolled exchange of paper money will eventually lead to the depreciation of banknotes. Lu Bing was confident in the move, and the ministers were also excited, believing that the paper money would hold up and become a hard currency without depreciating. Everyone was very excited, because it was groundbreaking, and if it did, these pioneering ministers would go down in history because they had changed the state of money for thousands of years and became legislative innovators. At the same time, copper ore is no longer the raw material for making money, but has become the top priority of national supervision and control.

As for the foreign businessmen, if they want to come to the new country to do business, they need to exchange real money for a large amount of paper money. If you come to resell the goods, you will receive paper money, which can be used to go abroad, or you can exchange it for silver in the corresponding bank, and the people are also allowed to do this, and there is no restriction on the flow of silver in the market, but it cannot be used as currency. This has a loophole, that is, although the state does not recognize it, the people can still agree to use gold and silver for goods, although merchants cannot refuse to accept paper money, but they can also use paper money to go to the bank to exchange for silver. In other words, although real money has been denied the role of money in the official sense, it can still be circulated among the people.

This brought a sense of security to the people, and such a loophole Lu Bing and the resourceful ministers naturally saw it, but they did not enforce it. Because Lu Bing and the ministers have confidence in such banknotes, they want to reflect the superiority of paper money only by comparison, so that there will be a three-year period, and the people will slowly accept paper money, and will definitely fall in love with more convenient paper money.

The banknote is two palms in size, and it is printed with Lu Bing's portrait and denomination and many light and dark security patterns, which looks very good. For ease of use, different denominations have different colors, making it easier to identify and trade banknotes. The selection of paper is also unprecedented for the people, and they think it is very good-looking, so once this kind of paper money is in the world, it makes the people particularly novel, thinking that it is different from those shoddy paper money in the past.

Out of trust in the Lu family's rule of the country, the people did not particularly oppose Lu Bing's issuance of banknotes, but showed unprecedented enthusiasm, which made everyone never expect that the banknotes were implemented without resistance. Moreover, paper money endured, very valuable and strong, and played a role in regulating the economy of the new country and even the world economy, opening up a precedent, so that other countries have followed suit, but its effect is not as good as the new country. (To be continued......)