Chapter 122: Treasure Money Exchange

And Liaodong, which He Xi once presided over, also maintained this relaxed policy. The only problem is that the profits of the factory are at the disposal of He Xi, and there is no share of Liu Jing, and now Liu Jing has money, because of policy inertia, there is no regulation on how Liu Jing spends this money.

Of course, Liu Jing, as the second son of the sincere uncle, is not short of money, and he is naturally not guilty of embezzlement or anything. But he saw how He Xi spent money aggressively, and if he made money in a big way, there was already a series of new fiscal policies. How could Liu Jing not feel it?

I didn't have money before, but now that I have money, I naturally have to do a big job.

After careful consideration, Liu Jing decided to open up the land on both sides of the Yalu River. Add more arable land for the Ming Dynasty, and place more people requisitioned from Japan and Goryeo, so that they can become the people of the Ming Dynasty. Pay taxes for the Ming Dynasty.

Liu Jing is very, very supportive of He Xi's idea of building Liaodong into a granary of the Ming Dynasty.

It's been executing.

With this money, it will only be a little harder. And adhering to the consistent policy set by He Xi and Lan Yu, drawing the blood of Goryeo and Japan to build Liaodong.

He Xi said: "The second thing is to carry out a systematic reform of the silver ticket. ”

Yang Shiqi said: "Is it really possible now? Isn't it too fast. ”

Yang Shiqi was extremely surprised by He Xi's many practices, He Xi did things, in and out. In the past, the imperial court spent hundreds of thousands of taels, all of which were big money, but now in He Xi's hands, it is tens of millions of taels. It's simply not an order of magnitude.

That's it.

It stands to reason that with so much money in hand, it will be stable for at least a while. never expected that He Xi would not wait for all the money to be implemented. It's time for the next big move.

Even if Yang Shiqi could keep up with He Xi's train of thought, he felt that it was too fast.

He Xi said: "Money is just paper, even if it is mortgaged by gold and silver, it is just a piece of paper with collateral. It's the money that is spent, and it's just paper in the hand. ”

To be honest, He Xi has only one feeling about the overall feeling of Daming currency, and that is out of control.

That's right, out of control.

He Xi only knew that he had issued a total of more than 50 million taels of silver tickets. Already the number of bank deposits, loans. It's just that He Xi asked, but most companies are actually not willing to trade in the bank, unless it is for the company, that is, when undertaking government projects, everything must be reflected in the bank.

But how can these data, as well as the general price table in hand, judge whether the monetary policy is correct or not? He Xi only felt that this question was out of line.

Therefore, He Xi's approach is already very conservative. I don't dare to compare with the Federal Reserve.

But his easiest attempt at currency told him that there would be problems with him collecting such a huge amount of money.

Of course, there are problems with not recycling. Beijing and Liaodong, a small piece of land, will naturally have problems with such a large amount of currency.

It's not that he wants to go in and out. Now there are times when he has to make adjustments.

What kind of adjustment, that is the plan to exchange treasure money that has been prepared. The total amount of treasure money has already been calculated. Today, 15 million taels of silver bills are enough to exchange for all the treasure banknotes, and more importantly, the treasure banknotes are circulated all over the Ming Dynasty.

Although there are many big cities. But on the whole, the circulation is much more extensive.

After the silver ticket replaced the treasure banknote, the silver ticket issued by He Xi was not only circulated in Liaodong in Beijing, but also in some places overseas, and will be circulated in most places in the Ming Dynasty, including Jiangnan. In this way, the cost of building an industrial system in Liaodong, Beijing, was passed on to Daming.

It can be said that the process of exchanging treasure money is a process of promoting silver tickets to the entire Ming Dynasty. This is also the first time that He Xi has promoted a policy to all parts of the country.

Even, He Xi felt that he could actually print some more banknotes as appropriate.

Anyway, there is no law to restrict this right in the Ming Dynasty. Only He Xi played Zhu Yuanzhang's annotation.

This is also why He Xi feels that the money in his hand is paper.

Before, he also knew this theory. But theories are just theories. He practiced it himself once before he realized that as long as the value of money could be maintained, it was theoretically possible to provide an unlimited amount of money.

Of course, this is theoretical.

Even He Xi had to admit that the Ming Dynasty was actually much stronger than China in later generations. At least, He Xiyin's silver stamps circulated all over Nanyang, and there were almost no obstacles. The only feeling that everyone has is that the silver ticket is not very suitable for the climate of the South Seas, and it is easy to get wet and rot.

Other than that, there's nothing wrong with that.

It was also at the beginning that Nanyang undertook He Xi to print a large number of silver bills, so that the monetary system passed the most dangerous time, and now it is much better.

Yang Shiqi said: "The matter of exchanging treasure money has been almost prepared. Nanyang, Suzhou, Songjiang, Fuzhou. There are branches in Guangzhou. It's just that there isn't much business yet. However, other monetary reforms still need to be paid attention to by adults. ”

He Xi paid attention to three reforms in other aspects of currency, the first was to increase auxiliary coins and mint copper coins.

Zhu Yuanzhang is actually doing this thing, after all, the copper transported from Sulu also has to be used.

This is also a problem that He Xi discovered, as far as currency is concerned, the minimum denomination of silver tickets is one tael, and even one or two silver bills are not too much. But for the daily life of the people, one or two is too big. In the previous coin market, there were a large number of copper coins, treasure money, and broken silver.

In fact, silver tickets are not suitable for use in many occasions in daily life.

It's like many people in Nanyang think that silver tickets are easy to rot.

This is also true.

Even if the banknotes of later generations are used for a long time, they are still easy to rot. Not to mention that the printing technology and papermaking technology of this era are inferior to later generations. Of course, that's not to say that you can't make very high-quality paper.

Please don't underestimate the ability of China's top craftsmen.

If you use silk as a material to make paper, you will be able to make very high-quality paper. But that's too costly.

Silver tickets were printed on a large scale.

He Xi thought about it, but he could only respect the reality and the habits of customers in this era, that is, let the people use more coins, that is, copper coins, and small silver dollars. When it is used on a large scale, the silver ticket is used.

Of course, this large amount is one yuan, that is, one tael.

More than one or two are all with silver tickets.

Second, it is the reform of the silver ticket, He Xi decided to change the silver ticket into a silver dollar. In the future, there will be no silver bills, only one dollar bills.

The reason why this is so is also because of quality problems. Although it is not possible to make paper from silk, He Xi is also preparing to improve the banknote paper, adding cotton, hemp, and a small part of silkworm cocoons. Used to make better paper. Strike a balance between quality and price.

In addition, it is for the purpose of unifying the currency. Let the broken silver withdraw from circulation, and let the world's currency become unified. It is more convenient for business exchanges inside and outside the Ming Dynasty.

He Xi said: "Is there no plan below? ”

Yang Shiqi said: "There are several plans prepared below. I bumped into Tie Hyun and thought it was all good. ”

He Xi said: "I won't look at it, and send it directly to Jingshi." Just let Your Majesty see it. This matter needs to be decided by His Majesty after all. ”

He Xi was a little worried in his heart, I don't know, what Zhu Yuanzhang is thinking.

Is it not, will support him as always.

Nanjing is the political center after all, and no matter how much career He Xi does in Beijing, it depends on Nanjing's face.

And He Xi clearly realized that this matter was not without damage. He Xi only introduced banks and introduced a modern financial system, which does not mean that there was no financial system in ancient China.

Almost all the pawnshops, gold and silver shops all over the country, are doing this.

The pawnshop, which does things, can be said to be a mortgage, and the gold and silver shop is currency exchange. It's all very profitable, and it can be said that most of these powers are in the hands of the local gentry.

You must know that the Chinese landlord class exploits the common people. It is never single, not only direct exploitation, but also indirect, that is, exploitation by financial means, that is, usury.

Some people died, but not completely......