Chapter 334: Inflation

"The Han people are simple and kind, as long as they can eat a full stomach, who wants to pin their heads to their belts and risk exterminating the nine tribes to rebel? As long as there is less persecution, who wants to fight against it at all costs? ”

The ministers in the imperial study nodded one after another, and put on a thoughtful look, what the emperor said was reasonable, and it was very reasonable, but it was too difficult to realize.

"How?" Zhu Houwei said solemnly: "It's very difficult and very simple, in my opinion, it is nothing more than the eight words of national peace and security, abundant food and clothing!"

"That's what I want to achieve! Therefore, I want to abolish the forced labor, let the people be less exploitative, and let them work, so that the people can get a corresponding reward for their labor.

In this way, the people will have surplus money in their hands, and with surplus money, they will be able to improve their lives and have the confidence to carry the past in the face of disasters.

In previous years, once encountering natural and man-made disasters, the desperate people who were forced by the government to pay taxes could only borrow debts, and if they could not afford to pay back, they could only sell their fields and land, sell their children and daughters, and finally sell themselves.

Such acts have exacerbated land annexation and intensified civil conflicts, resulting in more and more people being unable to survive, and finally have to take risks and fight to the death.

Suffering the people and hurting the court, who is the cheapest in the end? Who only cares about the interests of their own families and cares about the interests of the society and the world! ”

Some words have been pressed in Zhu Houwei's heart for too long, and this time he can be regarded as venting through forced labor, but he also knows that some words are too radical and not safe.

"The royal family and the scholars rule the world together, the royal family, the gentry, and the nobles are one, and sometimes I don't understand why, as a community of interests, they want to ruin and abuse the people.

What is the benefit of bandits, broken homes, and social peril for them? Therefore, my meaning is very simple, the gentry and nobles who can treat the people as well as me, I and the Ming can be treated kindly, and they will be honored with them.

If the cruelty of the people is done to the extreme, then I don't care if he is a relative of the emperor or a noble gentry, I will only let them see if my butcher's knife is sharp enough! ”

The ministers were stunned, but they were also a little unimpressed, the emperor's relatives?

You should have clicked the Zhang brothers first, but then again, since Emperor Jiajing succeeded to the throne, the Zhang brothers have indeed restrained a lot, at least they didn't make any trouble.

"Now the Ming Dynasty has salt tax, mining tax, and commercial tax, although there are many places to spend money, but I have achieved the double abundance of the treasury and the inner treasury in this year and a half, as long as the Ming Dynasty can continue to maintain, then there will be no financial shortage to worry about, and the wealth of the country has been realized."

"Your Majesty's government is obvious to all in the government and the opposition, and it is really heartbreaking." Yang Yiqing admired it from the bottom of his heart, but he didn't mean to flatter the horse.

"The country is rich and the people are strong, and it is not enough to have national wealth." Zhu Houwei said categorically: "Whether the country is rich or not depends not on how much silver is in the treasury, no matter where the silver is piled up, it is useless, and the wealth that cannot be realized has no value, so if you want to earn silver, you must be able to spend silver......

Yang Yiqing was a little dismissive when he said this, he didn't know that firewood, rice, oil and salt were expensive, Emperor Jiajing was born in the royal family, how could he have been rich and glorious for a day, where could he know what kind of life the imperial court lived when the treasury was empty......

"I continue to spend the silver, forming the circulation of wealth, so that the cold yellow and white things have value, and the people have silver through workmanship, and their lives become rich, which is the rich people.

The state tried to get the people to spend their money through taxation, trade and other means, so that wealth formed a circulation and further enriched the people.

The people have the confidence to face natural disasters with silver in their hands, and the country can enrich the country and strengthen the army with silver, and have the ability to deal with all kinds of things that require spending money, so as to become more prosperous. ”

Zhai Luan asked: "Your Majesty has implemented paper money through various commercial items under his name, and now paper money has become popular among the people, so why ......?"

Is this a Confucian scholar or a high-level intellectual, and he is simply an economic idiot......

"Isn't the lesson of the treasure money enough?" Zhu Houwei sneered: "The issuance of banknotes is linked to precious metals, and more can be issued, but not indiscriminately, I call it the gold standard or the silver standard, once it is issued indiscriminately, it will form inflation."

Zhai Luan was ashamed......

Zhu Gong nodded, the treasure money can be regarded as a painful lesson for Da Ming, but why the treasure money will depreciate, and even become a hard waste to wipe the buttocks, the Zhu Gong can only be said to be half-understood.

Now the paper money issued by Emperor Jiajing is not official currency, at least it has nothing to do with the imperial court, it is purely the currency issued by the emperor's private bank, and the reason why it can be circulated and accepted is entirely because of the binding.

Specific goods can only be settled with paper money, which is the most ferocious place, but don't forget that the reason why paper money can be accepted by the people is because of credit!

The reason why Daming Bao Banknote is finished is also completely because of the bankruptcy of credit.

Daming Royal Bank has now been opened all over the world, and the banknotes in your hand can be exchanged for real money and silver anytime and anywhere, and they are completely equivalent, so what are the people not worried about?

The owner of the Ming Imperial Money House is the emperor, and now Emperor Jiajing's reputation among the people is at least not bad, if he is exempted from forced labor, then his prestige will inevitably reach its peak.

What's more, the emperor himself has many commodities under his name, and he can be regarded as half a businessman, and the most important thing for a businessman is integrity.

With a multi-pronged approach, paper money can gradually become a hard currency in today's Daming, which seems to be accidental, but it is inevitable!

"What is inflation? Paper money is a symbol, itself does not have value, paper money is a means of replacing metal currency to carry out circulation, its issuance to the amount of metal money needed in circulation as the limit, if the issuance of paper money exceeds the amount of metal money needed in circulation, paper money will depreciate, prices will rise, therefore, the currency depreciation caused by excessive issuance of paper money, price rise is inflation, you can understand? ”

"Your Ministers understand." The princes shouted in unison, even if they knew a little about the principles of economics, but the emperor's words had already been said to this, if they didn't understand it, wouldn't they be stupid as a pig?

The ministers also knew why Bao Qian died so ugly......

The imperial court treated the treasure money as paper, thinking that printing more and printing could alleviate the financial crisis?

It's really funny, and the end result is that the goods that originally needed one or two denominations of treasure money ended up needing ten taels, one hundred taels, or even more.

So the inflation that the Son of Heaven spoke of appeared......

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