Night.

"Your Majesty, your fundamental problem lies in credibility.

You have no credibility! ”

Yang Feng said directly.

Zhu Yuanzhang took a deep breath, as if telling himself to hold back......

"It's not just you, in fact, any emperor has no reputation, because you have the power to kill and take away, you can repay the debt, you can rob, you can kill the whole family and then confiscate, so put the money with you, and if anything happens in the future, the depositor can only accept it, even if you embezzle it directly, they can only endure it.

Can't bear it?

You're going to kill their whole family.

In that case, not only will you not be able to keep the money with you, but you will not even be able to let you know that they have it.

You have to be guarded like a thief.

It's useless for you to be angry, what I'm saying is the truth.

Besides, you don't need to be angry, it's not against you, it's against all monarchs, even if you replace those so-called Holy Lords, it's the same result. ”

Yang Feng continued to stimulate him.

"I'm looking for you to come back, it's to solve the problem, not to let you talk nonsense here."

Zhu Yuanzhang said.

His grandson stood there with a shocked look on his face.

Someone dared to talk to his grandfather like this, it already shocked him, and if he could talk like this without being dragged out of Ling Chi, it would shock him even more, so what Huang Zicheng said about Yang Feng was rude to him, it was completely nonsense. Yang Feng is not rude to him, in fact, Yang Feng is rude to anyone, in comparison, Zhu Yunxi feels that Yang Feng has a lot of respect for him, if Yang Feng really kneels down to him, he should be scared into a cold sweat at this time.

"It's very simple, I'll do it, or the Great Xia Kingdom will open this bank."

"You're more reputable than me?"

"Don't say it, I'm at least more reputable than you.

But my credibility certainly doesn't work.

So, I'm going to use something else. ”

Yang Feng said and took out a grenade.

The brocade guards screamed and quickly pulled out their knives one by one, but then Zhu Yuanzhang waved his hand, signaling them not to panic, and then looked at Yang Feng's grenade with interest......

"I can really buy it at a high price."

He said with a smile.

"One hundred."

"But, it's worth the price."

"That's okay, you authorized me, in the name of the Great Xia Kingdom, in the Daming Bank, to absorb private deposits, for every hundred deposits, I will give depositors a grenade, but not to them, when they take out this deposit in the future, they will return this grenade.

If I can't give them this deposit, or if I can't cash it all out with interest, then they can sell you this grenade.

As for those who are insufficient, there is none.

However, you also need to take a little risk.

Because it's likely that someone will just throw me a hundred pieces just to get this, and then take this and do something else. ”

Yang Feng said.

"I'm not afraid of that.

What's more, even if there are really any, even if one or two are ten or twenty, what can be done in the end?

How many soldiers can be blown up? ”

Zhu Yuanzhang took a grenade and said indifferently.

"This is the spirit of the hero."

Yang Feng hurriedly eased the relationship.

"But since you are the one who opened it, the loss is also your own, how can you ensure that you will not lose money?"

Zhu Yuanzhang said.

"You've got you covered!

I take these deposits to lend to you, and when you need money, you don't continue to print, but borrow from me, use it for a few years, and then repay it with interest, so that you can receive the excess treasure money from the people to the bank, and the bank will lend it to you, and you will send it out to the people, and the people will save more and then deposit it in the bank, and the bank will lend it to you, and so on.

As for the depositors I give, I don't give them all at once, I give one today, one tomorrow, so that I don't need their savings to really be in my hands, as long as what I keep in my hands can meet the daily needs of withdrawing money.

What's more, it's really not enough, you can print some more to me.

This counts as your funding.

In this way, you have enough money, and the private treasure money will not accumulate and depreciate. ”

Yang Feng said.

So Zhu Yuanzhang is equivalent to the central bank.

"In this way, the people's hard work and sweat are finally gone like flowing water in the middle."

Zhu Yuanzhang said with interest.

He is a man of understanding, and he can see at a glance the key to this operation.

"What you are talking about, this is called the economy, and besides, those who have money to deposit in the bank are ordinary people? The treasure money they collect in a year may not be enough to buy clothes and eat more meat, and those who really have money to deposit in the bank are rich people.

But you took the money to reward the three armies, to relieve the victims, and to repair water conservancy for the local area.

This is robbing the rich and giving to the poor! ”

"Robbing the rich and giving to the poor?"

"Yes, it's so great to rob the rich and help the poor!"

Yang Feng said with certainty.

"Haha, I like this robbery of the rich and helping the poor!"

Zhu Yuanzhang said with satisfaction.

Then the two guys who met each other's moral lower limit laughed at the same time.

However, the grenade standard system is indeed the most effective means that Yang Feng can think of, in the end, they can't come up with enough gold and silver after all, and even if they take the gold and silver mines of the Japanese State, it is impossible to obtain gold and silver to support the monetary system in a short time. It will take enough time to develop, and it will take a long time to ramp up production, and the gold and silver mines there will indeed be able to support the gold and silver replications of the Daming Bao banknotes, but at least not for the next ten years.

This requires a transition.

What Zhu Yuanzhang wants is something that can be maintained in a short period of time.

He had to issue treasure money to maintain his expenses.

Every year, the rewards given to the army, disaster relief, court construction, etc., all rely on treasure money, but he is a process of only releasing but not collecting, and he even collects taxes directly from grain, and treasure money will inevitably gradually increase among the people, and eventually depreciation is inevitable.

The role of banks is to provide a buffer.

Let those excess treasure banknotes be locked in the bank's warehouse, once the bank is recognized, then it can act as a regulator, Zhu Yuanzhang does not need to print more treasure money, but he can turn the private treasure money into his own use through the bank. In this way, the total amount of treasure money in the private sector will be maintained within a moderate range, and it is not important whether the bank is profitable, the important thing is that there is, and Yang Feng does not have the problem of not being able to maintain it.

Because he didn't have enough treasure money, he could ask Zhu Yuanzhang to print new ones when he cashed them.

But......

How can the people accept it?

How can the people believe what appears out of thin air?

In this way, there must be something that is scarce, irreplaceable, and can be used to guarantee credibility.

Hand grenade.

The most perfect choice Yang Feng could think of.

Scarce, irreplaceable, and more importantly, Zhu Yuanzhang will definitely buy it at a high price, and even if he doesn't buy it, for many people, the grenade is definitely worth a hundred yuan of treasure money......

This is especially true for merchants.

It's just a hundred, and a grenade can save your life when you encounter bandits!

It's a lifesaver.

The grenade standard was born.

So it doesn't matter what the currency is, the important thing is that this kind of thing is important, it can be the millet standard, the salt standard, the gold standard, the key is to see what the situation needs, and the grenade standard is the best choice under the current circumstances. It can't be said to be currency, after all, Yang Feng is not issuing money, at most it is a grenade-based deposit certificate, or it can be called a banknote, this name is very reasonable, after all, the current currency is treasure money, and then others deposit treasure money, and the deposit certificate he issued is banknotes.

He's now stocked up on a large box of grenades.

It's enough to fight a war.

More than 1,000 pieces!

That is to say, it can be used to collect 100,000 banknotes.

A little less.

But at least it was enough for the initial stage.

And this also avoided leaving too many grenades in his hands to arouse Zhu Yuanzhang's alarm.

Mutual trust between the two sides is very important, and Zhu Yuanzhang must not be suspected of stockpiling arms for rebellion.

The impact of these grenades scattered among the people on Zhu Yuanzhang is minimal, counting on a few grenades to rebel is tantamount to a joke, this is a grenade and not a heavy bomb, and it can't even blow up a city gate, at this time, the Ming army's will to fight is not enough to frighten a few grenades, at most it is just to use it for assassination.

But the assassination is none of his business.

No matter how much he was assassinated, he couldn't be assassinated on the head, and he was very safe in the palace.

"But you also have to understand that this is just a means of adjustment.

Effective in the short term.

But as long as you still need the Treasure Money, there will still be times when it is beyond its capabilities.

Therefore, the first thing is to hurry up and take down the gold and silver mines of the Wa Kingdom, and then develop there, and use gold and silver to support your treasure money, which is really the most effective. Second, we have to expand consumption, that is, to let more people spend money, to integrate more treasure money into circulation, you send a consistent banknote, someone should use this consistent banknote, you send a hundred banknotes, someone has to use this hundred banknotes. If you issue 100 banknotes, and only people use 10 banknotes in the end, even if the bank can receive another 10 or 20 banknotes, there will still be a large number of banknotes idle outside.

Then it will inevitably depreciate.

Therefore, we have to let the people spend money, and we have to relax the restrictions on business.

Salt certainly doesn't.

Your salt industry system is reasonable.

But in other respects, it would be useful to reduce some of the restrictions.

Let the traders get more, so that the people can buy more things, paper money is the beginning of the Song Dynasty, at first it was not even issued by the imperial court, but the merchants of Sichuan themselves put together, it is because the business is prosperous, but the iron money is too inconvenient, so they themselves want to make this kind of paper money.

Look, there is no need for the court to force anyone to use it.

People came up with it themselves.

As long as you can make the business prosperous, the circulation of the transaction is bigger and bigger, you are to let the merchants use copper coins they will not use, always copper coins weigh several pounds, with a hundred copper coins to trade, you have to find a donkey to carry.

Not only is it inconvenient, but it is also easy to be targeted.

But just put a hundred bills in your arms, and no one will pay attention to the disguise.

If you take a thousand kan, then you really have to take a large team of guards and packers, if you go through those mountain roads in Guizhou, it is not easy to get to the destination, and you have to pay more additional costs, and the guards and packers may have to eat hundreds of kan all the way. If you change it to banknotes, you can use fifty-one for a thousand yuan, but it is only twenty, and you can go wherever you want with a finger in your arms.

Banknotes are the most convenient.

It can be said that as long as you let the private commercial circulation reach a certain level, the merchants themselves will choose banknotes.

Don't forbid the people to wear this and that, don't forbid them to use this and that, don't give them all kinds of restrictions on going out, just let them go out to do business, and the city gates in various places don't need to be strictly guarded, and the curfew can be later at night.

It's perfectly fine to have a curfew on the third watch.

You can also overcharge taxes.

Your world is now very stable, and it can be said that there has never been a more stable time since ancient times.

Then give the people more freedom.

If you don't give it now, your children and grandchildren will give it in the future, you are now forbidden to wear cardigans, not to mention that this thing existed in the Shang Dynasty, and there are figurines in the good tombs of Shang Dynasty women we dug up, and it is almost common for women in the Song Dynasty to wear cardigans. Your descendants don't care about it in the end, folk cardigans are still popular, and even in the army, even armor is cloth and cotton armor with plackets. Including those cloths, accessories, shoes, etc., restrictions can be relaxed, and in the late stage of your descendants, even the people dare to wear python robes, and these costs money.

This is consumption.

And the more you consume, the more treasure money that the people can accommodate. ”

Yang Feng said.

"What about the grain?

Silk needs land, cotton needs land, do you know that the people of the world have to be an inch long, how many fertile fields will be turned into cotton?

It's okay to have clothes that are one inch shorter, and if you don't have enough food, you have to starve to death.

Those of you who have not experienced famine, how can you know that those who are hungry will become wild beasts, not to mention killing and plundering, it is not uncommon to eat people and even eat their own relatives, just to stabilize the treasure money, and destroy the foundation? Treasure money is nothing more than leaves, and food is the foundation.

When it comes to business, Hu Yuan's business can be said to have no scruples, and those colors are all over the place.

There's nothing you can't trade.

But the result?

The fertile fields in the south of the Yangtze River were planted with mulberry cotton, and the silk was sold overseas, but the mulberry cotton land took away the grain, and in the end the people had no food to eat, and the merchants made money, but the people had to starve all over the wilderness, and they were forced to rebel, and then the merchants were bloodied.

Will they be able to eat their money then?

You think I've banned a lot, but I'm just keeping a line.

A line that doesn't get you starved. ”

Zhu Yuanzhang said.

"So, what you need is to develop productivity.

In fact, there are some lands in Daming, but they are all wastelands, and these wastelands need to be cultivated and cultivated, but there are so many people in the country, and there are only a limited number of people who can be cultivated and cultivated, which is a fact. But if the amount of wasteland that one person can cultivate is increased and doubled, it is possible to increase the production of food when the population is limited, and then to increase the output of those others when there is enough food.

And then more people can consume? ”

"Is there such a good thing?"

"Yes, to put it simply, it is to increase the use of machinery, a person can plant a few acres a day, a seeder can plant dozens of acres a day, a person can cut an acre of wheat a day, a harvester can cut ten acres a day, with the current population of the Ming Dynasty, can plant tens of thousands of acres, and a large number of machinery can be planted hundreds of thousands of acres.

People still eat those.

The surplus grain can be used to increase cotton cultivation and even to raise livestock.

The people could buy more clothes and more meat to eat.

And the more clothes they buy, the more meat they eat, the more treasure money they need to trade.

Your problem is solved.

And it can be said that it is perfectly solved. ”

Yang Feng said.