After listening to my sincere words, Cai Jing got up slowly, slowly stepped back and sat down lightly on the seat, and when he relaxed a little, I ordered someone to bring a towel for him to wipe his tears, and at the same time asked someone to make a new cup of tea, so that he could continue to calm down the excitement at the moment. At the same time, I can't help but sigh that the world is impermanent, as an enlightened monarch, in fact, we need relative ministers and so-called traitors, so that they can check and balance each other, contain each other, and use their respective advantages and disadvantages to promote the policy of enriching the people and strengthening the country, and the so-called traitors of the Manchu Dynasty today are not the fault of these people, after all, the current court is suitable for the breeding of traitors, and the environment creates people, and the relative loyal ministers cannot adapt to the current court atmosphere at all, so there will be six thieves in the late Northern Song Dynasty in later generations.

The ancients said that at the beginning of human nature, nature is good, and Xunzi has the saying that human nature is evil, so the quality of human nature has always been a historical problem. People may not be born with good or bad, good or evil, and the surrounding environment and certain factors will lead a person's character and psychology to develop in a certain direction. In fact, many things have limitations in different periods of society. Perhaps some things seem unreasonable now, and even violate the code of ethics and the current law. But maybe at some point in the future, we'll also accept things that still seem a little unreasonable right now. While most of the bad guys will never be forgiven by us, some of the bad guys we understand now may be a good guy in the future. There are no absolute good people in the world, and there are no outright bad people. It is impossible for a good person not to have done bad things all his life, and it is impossible for a bad person to do bad things all his life.

After a while, I saw Cai Jing slowly recovering, so he bowed his head to me and bowed his hand and said: The prince and the old minister lost his temper just now, and I hope the prince will forgive me. I smiled and comforted: Mrs. Cai's words are serious, this is the normal feeling of people, I think when Mrs. Cai first entered the career, it was also full of enthusiasm and lofty political ambitions, building water conservancy and developing agricultural production throughout the country, benefiting the people, and at the same time implementing a large number of social assistance systems, especially the implementation of nursing homes (that is, living in them and supporting some lonely people and some old and widowless, old and childless, lost their fathers since childhood, due to disability and other poor people who have no source of income) to help a lot of poor people, It alleviated the problem of displaced people at that time and stabilized the social order, such as Anjifang (a resettlement and rescue place built to prevent the occurrence of epidemic diseases, providing a centralized resettlement site for the sick, and also taking on the role of a public welfare hospital to provide help to some poor patients), and Leaky Zeyuan (an official burial site for those who could not afford the funeral expenses or the burial place of some unclaimed corpses), etc., this set of relief systems is huge in scale and unprecedented in strength, which can be called a historic innovation. and the establishment of local schools throughout the country; Establish a three-level school system linked to county school, state school, and Taixue; New Biyong, the development of Taixue; The establishment of medicine was resumed, and specialized schools of arithmetic, calligraphy, and painting were established; Due to the serious backlog of officials caused by too many scholars every day, Taishi Cai dismissed the imperial examination and switched to the school to take scholars. It has played a major role in the development of education in the Great Song Dynasty.

Cai Jing smiled after hearing me say this, and replied politely: It is rare for the prince to remember how clearly, and the old minister is also within the scope of his ability, and it is the emperor's love for the people. The old minister is only responsible for carrying out the emperor's orders. The crown prince praised the old minister. It's just that the old minister felt that the prince just submitted the matter, so that the old minister felt deeply uneasy, the situation at that time was due to the Sichuan prolific iron, copper money circulation is inconvenient, the merchants gradually developed the initial currency banknote Jiaozi, and later with the scale of the transaction is getting bigger and bigger, it has attracted the attention of the imperial court, when the old minister specifically understands, he is worried that with the scale of the transaction is more and more likely to affect the country's currency security, and through the official issuance of paper money, at the beginning is also to use 20% of the heavy metal as the reserve of its issued banknotes, Later, as the paper money Jiaozi was widely accepted, and the old minister was also inexperienced for the first time, looking at the printing of paper money can be exchanged for real gold and silver, and at that time it was also the time when the imperial court was in urgent need of money, he tried not to do precious metal reserves, and directly printed paper money Jiaozi circulated in the market, and finally led to the bankruptcy of paper money credit, causing serious inflation, and the old minister was very ashamed of this.

Seeing Cai Jing so honestly explained, I took the opportunity to say: the past does not forget the teacher of the future, reform is a price, after all, it is also a feeling for the stones to cross the river, the key is to continue to sum up experience and lessons, do not let the same mistake be made a second time, and at the same time follow the basic law of development of things, just like Cai Taishi said just now, the issuance of paper money and not the heavy metal reserve system, this is not respecting the law of development of things.

But there are two sides to everything, if we issue new banknotes, and spread the application area to the whole country, each issue will add a certain proportion of the heavy metal reserve system. After all, the Great Song Dynasty has a wealth of hard currency commodities such as ceramics and tea, and neighboring countries or foreign countries want to maintain trade with my Great Song Dynasty, they will accept our banknotes, and we only need a certain ratio of heavy metal gold and silver to print several times more new banknotes, with the deepening of trade and the circulation of new banknotes, once the time comes to a very moment, we can print new banknotes on a large scale and put them on the circulation market, causing inflation in neighboring countries or foreign countries, and then it can reach the goal of surrendering without a fight. Since the economic volume of our DPRK far surpasses theirs, we can smoothly withstand inflation in a short period of time, but they will not be able to bear it first, and then we will be able to achieve the goal of war by economic means alone, which is the so-called currency issuance right and currency war.

Just as in the first year of Chongning, Cai Taishi in Shaanxi Road to cast imitation as five big coins (meaning that this copper coin can be used as five small copper coins), from the situation at the time, this is the correct currency reform, Shaanxi Road has always been a battlefield with the Western Xia, doing business here is basically the Western Xia people and the Northern Song Dynasty government, for the party people occasionally use a little currency means is understandable, and the circulation of the five coins is very small, occasionally there is circulation into the country is also immediately collected, and there is no depreciation.

However, in November of the second year of Chongning, you ordered to imitate the five big coins and then mint the top ten coins nationwide, and added tin to the official minting of small iron flat coins, and at the same time ordered a nationwide ban on private minting of currency, and abolished all the previous unofficial currencies within a year, when the peculiarity of the ten coins is that the same currency lacks different government standards in different regions, Shaanxi Road, Hebei Road, Hedong Road and other five roads with the strongest control of the imperial court, when the ten big coins are used as ten Mu small iron flat money, Huainan Road, Jinghu Road and other four roads, When five small iron flat coins are used, in places where the merchant power is relatively strong, such as Erzhejiang Road, it is used as three small iron flat coins, which actually restores the original value of the ten coins. This rudimentary monetary system immediately caused a nationwide chaos in the currency, and everyone did not dare to sell anymore, and everyone was in a hurry to buy things, because the currency in their hands could become a pile of scrap copper and rotten iron at any time.

Theoretically, when the weight of ten coins is ten times that of Xiao Tieping money, then the price increase of that year is far more than ten times, because once the price rises continuously, a self-reinforcing mechanism will be established, if everyone thinks that the price will rise tomorrow, then even if no additional money is issued, the price will rise. This is also the prototype of the currency issuance right and the currency war, but Cai Taishi used it in the wrong place back then.

In the second year of Daguan, the Song Dynasty began a new round of super inflation, affected by economic reforms, the already quite complete salt, iron, wine, and tea monopoly system, both forbidden (that is, the meaning of state-run stores is contracted to individuals, this system has led to the emergence of a lot of officials and businessmen, that officials are in front of the businessmen in the back, these people will put more money into their own pockets while earning money for the imperial court, except for the officials and businessmen who got rich first, there is no one else in the world who can get rich later). Remarks: (In order to mobilize the enthusiasm of the local government, the majority of the forbidden income belongs to the state capitals, and the imperial court only levies and requisitions the forbidden income according to a certain proportion from time to time, in order to increase its own income, all the states, provinces, prefectures, and counties are quite serious about banning various franchised products such as salt, iron, wine, and tea from other places, and also quite irresponsibly allowing or even encouraging local franchised products to flow into other regions, although the prohibition system is very strict, and there is strong competition between different regions, salt, iron, wine, Tea and other monopolies are in vain).

It turned out that the so-called benefits of salt and iron in the Great Song Dynasty mainly relied on commercial taxes, but in Er's view, this is still necessary to be reformed, and unprecedented innovation was carried out in the practice of salt and iron monopoly, that is, the monopoly of salt, iron, wine and tea was opened, and the production, transportation and sales links were all left to the private market, so far Er ordered the abolition of all official handicrafts, workshops, salt factories, tea farms, wine fields and other products under the prohibition system, and their production, transportation and sales are determined by the people, but there is a premise. That is, the above-mentioned operators have to receive money from the central court, the so-called money to ask for money, to money to ask for salt, the people can produce, transport, sell franchise products, but the need for the imperial court to use the money as a concession certificate both quotas, but the money of the company is uncertain about the time limit of circulation, no one knows when you will announce the invalidation of the last period of money, what is even more outrageous is that the money can not be exchanged for the new, the money is only the receipt voucher issued by the imperial court according to the official salt production, and now you even have to save production, called Taifu Temple directly printed tickets, Then transferred to each division for sale, the money is quoted in duplicate and the contract field of the state and the county is in charge, at the end of the year, the two sides will be responsible for the overdue and invalidated expenses, if the money is only the original official Jiaozi, people can naturally scrap paper money, and now behind the money is everyone who produces the necessities of life salt and iron, since everyone can not give up the salt and iron, then how to give up the money lead?

As a result, the rich people in the world seem to have put on the legendary crystal slippers, and they will turn back into Cinderella after 12 o'clock at midnight, and many people will wake up in the morning and be rich when they go to bed at night, but they will find themselves beggars, and finally create a miracle in the history of the world's currency, and become a super Wall Street wolf, without reducing the currency reserves, through unauthorized currency change to make money.