This is not the first time that Daming has issued treasury bonds, so far, Tang Shunzhi has done it once in Xuanda, and Zhang Feng has done it once in Yunnan.

With two experiences, Yang Shen is actually no stranger to national bonds. However, he always thought that it was only due to the special needs of wartime, and more importantly, it was an insurance in case the war lasted too long.

But now it's to help with the implementation of new money?

"The world is good at buying land, and good at gold and silver." Since Zhang Fujing became an official, all his experiences have been based on the new law, and he has studied more profoundly, "Marrying an heirloom, gold and silver are inexhaustible." However, as His Majesty said, money is only because the big guys think it is okay, so it becomes money. Gold, silver, and copper are scarce, so they are made with money; Treasure money is issued indiscriminately, so the value is low. Now to make new treasures, although they are good copper coins and silver dollars, they have also issued a large amount of new money to the people, and I am afraid that things are expensive and cheap, and the people will suffer. ”

Zhu Houxi reminded Yang Shen: "The most important thing in this is data. How much money is circulating in the Ming Dynasty now, can you give an accurate number with repair? Daming fields, workshops, factories, sea trade, how many numbers of various goods are in circulation in a year, can you give an accurate number with repair? New money can't be like treasure money, only new money will be issued in the future, but how much new money will be issued without causing prices to soar, do you have a good idea of how much new money will be issued? ”

The purpose of this issuance of treasury bonds is not to temporarily accumulate wealth to meet the needs of the military and the imperial court, but to kill two birds with one stone, and at the same time, at the same time, try to collect as much as possible the spare and old money of the rich and noble.

"Start with a one-year period, a three-year period, and the imperial court has established credibility, and then set up a three-year, five-year, or even ten-year period." Zhu Houxi said, "Only when the old money still in the private sector is reduced to a small enough proportion can the imperial court roughly know the total wealth of the people through how much new money has been issued." At the same time, according to the scale of the circulation of goods, we also know what range the total amount of new money issuance should be controlled, and stabilizing prices is to stabilize people's livelihood. ”

Daming's "finance minister" should begin to have a more macro vision and more professional financial knowledge, and in this class, Zhu Houxi is the indispensable teacher.

Naturally, there are still a large number of people who smuggle and evade commercial taxes at the gates, but at least they can no longer be completely smeared as before, unable to do anything about the private minting of currency, and only printing treasure money according to the needs of the court and the emperor.

The purpose of all this is to control the issuance of money and build up monetary credit.

"In addition to the grain payment because the peasant households are extremely short of money and cannot be converted into silver, many taxes can be converted into treasure money and old money, only this window period. In the future, not only will the government only recognize new money, but the people will also use old money as a violation of the money law. There is no need to take care of the use of gold and silver to make some heirlooms, but it is a crime to buy and sell them. ”

Zhang Fujing said such a thing, which is very deterrent, after all, he is "Zhang Killing".

Yang Shen felt that this was too strong, and the people used broken silver to buy and sell things in private, which could also be a crime?

"Don't be unimpressed." Zhu Houxi took advantage of his confusion to increase the intensity of education, "What the government wants is authority and management efficiency. In the matter of new money, what is more important is prestige. Both authority and credibility! I have only two points. ”

Yang Shen looked at him, and Zhu Houxi stretched out a finger: "First, copper is too useful, but now because there is no way, a large amount of copper needs to be used to mint money." But the money is clearly so that the people can recognize and buy what they need. When prestige is established, the technology of paper and printing is a little better, or cheaper formulas are found in the future, why can't copper coins be replaced with other coins or even paper money? ”

“…… Isn't that a treasure banknote? Yang Shen had also heard relevant discussions before, but he still felt that it was too difficult, "There are always treasure tickets first, but ordinary people have no financial resources to see them in so many years." In the future, if you see paper money, you will only think that it is a new treasure banknote, and you will not dare to use it. ”

"So we must do a good job in advance of these years, so that everyone in Daming knows that the new money is credible." Zhu Houxi stretched out another finger, "Second, money is used to buy things." No matter how much money the Ming Dynasty has, if it is only piled up in the treasury, it is like someone digging a pit and burying it deeply, and often ten or twenty years is equivalent to not having this money to spend. As far as the imperial court is concerned, in the past, it was to print treasure money when it was to spend money, and then the clan, officials, etc., folded the money and issued it, and finally the officials and the people suffered disasters. With cultivation, you need to think about it, if the Ming vassal states and clans also believe in the money of the Ming Dynasty, and the Ming Dynasty only recognizes the money of the Ming Dynasty, what will happen? ”

Yang Shen has a smart head, once he is out of the restricted range of the people of the Ming Dynasty, he suddenly becomes a little enlightened after thinking about it for a while, and then opens his mouth wide.

Zhu Houxi laughed: "In fact, there are many people who are forbidden to go to the vassal country to buy goods with Daming Tongbao and Yinbao, and the powerful and wealthy merchants of other countries already like Daming's money, because it is more convenient to use it to buy Daming good things." Implement the new money well, improve credit, enhance convenience, in the future, many border cities will have foreign caravans to and fro, customs clearance and reconciliation only recognize the new money of the Ming Dynasty, they will need a large amount of new money. In the future, this treasury bond can be bought by foreign countries. ”

It is not necessary, nor is it appropriate, to start putting forward the concept of bonds and securities at this point, but only to lay the foundation for a more standardized and systematic monetary and fiscal policy.

Once he accepted the concepts that money is just a general equivalent, and that money can only be cashed into physical value through circulation, Yang Shen immediately felt a lot of shock about the future financial situation.

Then there is another blockbuster measure that is the same as the interest payment of government bonds: Daming Bank, as the only bank in the first phase, will implement interest-bearing storage. It is necessary not only to establish another channel for absorbing old money from the people, but also to standardize the business of loans.

In the Song Dynasty, in order to stimulate agricultural production, green seedlings were loaned, but now the first stage of loans does not need to touch this area at all. In order to increase the income of farmers, Daming has its own iron tools, water conservancy, seedlings and even fertilizer industry in the future to create a relatively better environment.

The loan business of Daming Bank includes not only temporary loans and expenditures guaranteed by taxes by the imperial court, but also commercial entities led by many state-owned enterprises, and a broader future after the industry and commerce have laid a solid foundation. Although it is still difficult for Daming Bank to realize the profit after deducting interest from loan income in the short term, it will also go in the right direction.

"The main thing is turnaround. As long as there is interest, the money will be stored in the bank when it is not used, and it will not be withdrawn all at once when it is used. Zhu Houxi teased, "For the mystery of silver turnover, it is naturally no stranger to repair." Rest assured, as long as there is interest, the first to take the lead in opening an account and saving a large amount of money are many enterprises under the Assets Bureau. ”

Yang Shen began to pick his head to accept more new knowledge, while Cui Yuan had been itching his scalp for a long time.

Daming can still have a long time to understand, get used to, and accept new money, banks, and treasury bonds, and Cui Yuan is still worried about one thing.

In the Jing'an Hou Mansion, Cui Yuan sadly took three treasure tickets and showed them to Sun Jiao: "Old Guozhang, tell me, what will happen in the future?" The statues of Taizu, Taizong and His Majesty were actually printed on this treasure ticket, and His Majesty insisted on doing so. ”

Yang Tinghe and Yang Yiqing are already standing on the Yingjie Palace, although Gu Shilong is the prince of the new dynasty, but he has made contributions to the internal rebellion, he was crossed out by the emperor from the list submitted by the Ministry of Rites, and was not included in the list of statues of the Yingjie Palace, but the monument was placed under the Yanyi Tower.

And the seventy-nine-year-old Sun Jiao is still in good spirits.

He looked at the statues of Zhu Yuanzhang, Zhu Di, and Zhu Houxi on the treasure ticket, and sighed long: "Seeing the face of heaven and not worshipping, I am already uneasy." ”

"That's it!" Cui Yuan was very entangled, "You are the national abbot, and I am the concubine." There's no one else here, so I'll get straight to the point. This gift is still going back and forth, begging people to do things, and if you don't have twenty or fifty taels of silver, you probably can't take it, right? Such a treasure ticket is handed over, and it is very suitable. But now that the portrait of the Son of Heaven has been printed, do you say that the person who collects the money is stared at by Taizu like this, and he doesn't beat the drum in his heart? ”

Sun Jiao thought to himself that it was probably because the skin all over his body was numb and itchy, as if he was about to be separated from his flesh and blood.

But he knew why Cui Yuan came to him to talk about this.

“…… If you want to collect it, you will still accept it, there are many ways. Sun Jiao shook his head, "Your Majesty doesn't want to rely on this to warn officials to be honest. As long as the matter is done, His Majesty has always been generous with wealth. Naturally, if something happens in the future, it will be one more crime. ”

People live to seventy-nine, what haven't you seen? There is no good way to do this kind of thing, this is human nature.

"Oops!" Cui Yuan was anxious, "Old Guozhang, you and I have also been friends for eleven years, why avoid the important and take it lightly?" The drum is beating in my heart, but I will still accept it. Since the treasure ticket has been printed, it will definitely be passed. The more widespread this passes, where will the majesty of the Son of Heaven be after many years? Since it is money, or a large amount of money, go south and north, do you want to hurry with tribute? Now the broken silver is hidden, this treasure ticket, I am afraid that there are still people hiding in the soles of their shoes to step on it! ”

The two natural emperors did not understand why the emperor wanted to implicate the statue of the Son of Heaven with the smell of pickled copper. Although it also has the benefit of being vigilant against crime, it is also an invisible dissolution of the majesty of the Son of Heaven.

Think about it, what were the methods of hiding money outside when you went out in the past? It's all hidden in the crotch!

What has it been like to make money in the past? There are also those who are thrown into Jiao'e's arms in the Qinglou hook fence!

What about the future? Taizu is hidden in the crotch, and Taizong is sprinkled on the jade body of the beauty?

Cui Yuan thought of the picture that His Majesty might be beaten by these two ancestors in a hundred years, and couldn't help but tremble and shook his head: "The majesty of the Son of Heaven is getting smaller and smaller, this is not a good thing!" If you lose your respect, it's hard to do! ”

“…… Are you trying to ask your majesty? ”

"Old Guozhang, who else are you?"

“…… This is a matter that has been agreed upon at the national policy meeting, and His Majesty's golden mouth and jade words have been approved by His Majesty the National Council. ”

"It's not too late! After all, the denomination of this treasure ticket is not small, and it can be just exchanged for silver dollars first. ”

Sun Jiao sighed: "Then I'll go and ask." ”

He has been a secretary of the household department, a counselor, and the queen's father, and he has lived to seventy-nine.

Faced with Lao Taishan's question, Zhu Houxi couldn't cry or laugh.

He's been giving lessons these days. There are not only the boys in the Zhongyuan Palace, but also the new counselors in the National Policy Palace, and now they have to face the seventy-nine-year-old old comrades.

Sun Jiao and Cui Yuan's concerns are very simple and true: If you don't take the imperial authority seriously so much, I am afraid that it will be inconvenient for your children and grandchildren in the future.

This incident has an antecedent: the prime minister was re-established, the power was delegated, and now the treasury is unified, and the emperor can only make an "application" for money in addition to the annual quota.

That's right, in the eyes of Sun Jiao and Cui Yuan, it is an application, not a requirement. After all, additional expenses need to be negotiated at the national council.

Naturally, it's no problem now, you Jiajing Niupi. Your request must be justified, and you can grasp it.

But what about your sons and my grandsons? What about your grandchildren?

Now you can hold on to the money bag of the Assets Bureau, and you can also grasp the military power.

But the General Staff of the Military Council is also a civil servant, what will happen in the future?

Now willing to accept the clan and lords who want to be demoted to the throne, will their children and grandchildren still be obedient in the future?

Even the status of the celebrant has been squeezed out a lot by the imperial study!

If these are just to recreate the Ming Dynasty and create a prosperous world, then that's it. But even the faces of the Son of Heaven and the royal family have been printed on the money, and since then they have become vulgar, what is this?

“…… It turned out that Cui Yuan was beating around the bush at the time and talking about this. ”

So Sun Jiao was shocked: "Didn't Your Majesty think about these things in your heart?" ”

Zhu Houxi's expression was complicated: "I really didn't think about it. ”

This is a completely different concept of thinking, Zhu Houxi has really seen too much money and printed heads, and he does not have too much attachment to the sacredness of imperial power in his heart. In his opinion, there are many benefits to doing this, so why not do it?

Now that Sun Jiao directly mentioned it, he thought about it and said: "The people don't think that the Heavenly Family is so mysterious, and it is different from whether the imperial power will be stable or not in the future. To tell you the truth, now that the central system has been reformed, it is more beneficial to the country, and it is indeed not as beneficial to the Son of Heaven as it was in the past. Or in other words, if the Son of Heaven is mediocre, he will not cause too much harm to the country. If the Son of Heaven wants to make a difference, then the ability of the Son of Heaven is more demanding. ”

He designed a more complex system, and it would be more difficult for future emperors to break it.

Under the current system, it is inevitable that in the future, it will gradually move towards the stage of hypocrisy, and the national council will gradually become a parliament, and the prime minister and the minister of state will become the de facto monarch.

The military, financial, personnel, decision-making, and supervision systems under the current system will also bring many constraints. Whether the emperor wants to break it and return to the past, or some careerists want to break it and reunite, they will face new and great resistance.

After all, the current system was bought by the emperor who was willing to give up part of his imperial power. Anyone who wants to gain greater substantive imperial power will face a counterattack from others who are unwilling to take power back.

That's what Sun Jiao doesn't understand, his mentality is very complicated. If it weren't for the fact that his grandson was the crown prince, his feelings would not have been so complicated.

Zhu Houxi said resolutely: "There has never been a dynasty in the world, if you want to inherit it for a long time, there should be some new measures, and you can only get it if you give it." Of course, I am not without consideration for future generations. Although it is difficult to find a hero, and there are still many mediocre people, I still have a way. ”

“…… The minister dared to ask for advice. ”

"That's nothing more than education." Zhu Houxi laughed, "Taizu once had ancestral teachings, but the generations have changed, the Ming Dynasty is developing, and the internal and external situations are often different. It is our practice and dialectics that we want to teach future generations this. It is both rational and practical, and it will not be bad in the end. For example, I asked him to go to Yunnan to let him take a look first. Zaija will be the same in the future, I will let him go to the state and county first. ”

"Your Majesty, this must not be!" Sun Jiao was shocked, "King Yue went to Yunnan, and the minister knew His Majesty's intentions." However, the prince's departure from Beijing is not a trivial matter? ”

In the blink of an eye, Sun Jiao took the heirs from the harem of this generation, and thought of the harem of the next generation. When you go out, it's easy to have an accident if you don't have an accident. For the sake of the throne, anything can happen.

"I said, I can make Zaijaw do it. As for whether and dare to let his son do this in the future, that is a matter of the future. Zhu Houxi disagreed, "The prince does not know the practice, and he will not be able to take charge of the government from the perspective of national affairs." It won't be that early, I still have a lot to teach him before I let him go out and practice. ”

“…… Your Majesty's education can ensure the wisdom of the princes of the past dynasties? Sun Jiao still disagreed, frowning, "It's better to change the central system in the future after the Ming Kingdom is rich and strong, and recreate the prosperous world, at least let the prince take power a little better in the future." ”

Zhu Houxi was silent.

Before he knew it, he had to face the question of whether his heirs would be able to secure the throne in the future.

Everyone seems to be no longer skeptical that he can recreate the Ming Dynasty, and now only the relatives who are closely connected with the imperial power are beginning to worry about the future situation.

After a while, Zhu Houxi laughed again: "Why should the prince be in a hurry? I'm only twenty-seven years old. ”

“…… The minister is old! ”

Sun Jiao didn't know whether to say it or not: Emperor Zhu Family, except for Taizu and Taizong, one of whom lived to seventy-one and the other to sixty-five, the others who opened the forty-eighth Renzong and the forty-one Xianzong, they are all under forty and gone.

In terms of reign time, the Yongle era name was used to twenty-two, the Chenghua era was used to twenty-three years, and the remaining era names were only more than ten years or even a few years.

Do you know that Jiajing's name has been used for eleven years, and he is actually a middle-aged and elderly name?

But after all, the emperor is only twenty-seven, and if he can't curse him, he may not live to be forty, Sun Jiao can only say that he is already old, and he doesn't care if Gu Shilong has something to say in the underworld.

People don't feel the same about history that hasn't happened yet, and Zhu Houxi only feels helpless.

But can he really live longer than Daojun? Zhu Houxi could only sigh: "Okay, I'll give a few books to the Guozhang to read first." This is what I slowly wrote over the past three years after An Concubine passed away. Guozhang will read it first, and then come back to talk to me about this topic, okay? ”

Sun Jiao was puzzled, only to see that the emperor really took out a locked box, opened it and took out five handscrolls and handed them to him.

"Thou shalt not show it to others. I have only written a draft now, and in the future, this book will be different from the inside and outside. This inner version is only used to educate the prince. The external version, however, can only be selected as a part of it, and it can be said in the words. ”

Hearing what the emperor said solemnly, Sun Jiao said: "Then please give Your Majesty another bookbox and a lock, and read it carefully after the minister returns home." ”

"That's it." Zhu Houxi also gave him the box and the lock key, and watched him return to the house.

History has its own inevitability of historical development, and Zhu Houxi believes that Sun Jiao has enough experience and knowledge to understand his understanding that transcends the current era.

After all, imperial power is the product of standing at the top and seizing the supreme power and wealth of the world, and sooner or later it will have to find a new way out and adapt to the historical trend that will inevitably emerge in the future.

By the time of the Ming Dynasty, the imperial power had actually stood at the peak of its centralization, or at least was extremely close to the peak. Going any further up will only lead to more profits, spurring the people who are the foundation of the empire to fight back and hinder the development of the country.

Instead of that, it is better to take the initiative to go downhill.

In his position, Zhu Houxi also has his own position and his own concern for future generations. What is more beneficial to Daming and this land, how can he think clearly?

Leave a little room for change in the future, at least let your children and grandchildren have the mindset to take the initiative to change, and what is more needed is to understand why you want to change that way.

The arrangement of Zhu Zaiyun and other princes in the future is not a possibility to spread out and leave more possibilities.

Sun Jiao returned to the house, went into the study alone, opened the box and picked up the first volume.

From this day on, the shock in his heart was not smaller than that of Yang Shen and Cui Yuan, but it should be much greater.

This is the whole "dragon slaying technique" that Zhu Houxi remembers, knows, and is familiar with.

Only after a deep understanding of historical materialism can we truly see the wheel of history.

In front of the wheel of history, the only thing the imperial power can do is to hide, only to repair the road, and try to let himself still enjoy some benefits instead of being crushed.

But what shocked Sun Jiao was not just this, but Zhu Houxi's depiction of the future, or "judgment".

For him, there is the shock of the 21st century's Zhu Houxi's predecessor looking at water droplets and two-way foil.

In the early thirties of the sixteenth century, the seventy-nine-year-old man was watching a real science fiction epic, and Acharakamala saw the eunuchs bring new glass windows, although she did not know the word science fiction, but she had this feeling.

"It's too dangerous!" Sun Ming was worried, "What if it is broken and injured?" ”

Zhu Houxi laughed: "This is the Forbidden Palace, it is the Palace of Heart Nourishment!" Those who can afford this now are also high-ranking officials. I will change this place first, and when the courtiers who come to see me see it, they will probably go back and use it again. If there are few people who buy it, how can this glass be made better and better? It's also a clever use, if you use a double layer, leave some space in the middle, it's still very warm......"

Belonging to the emperor's personal time, the harem concubines generally came to the Yangxin Palace to see the window renovation here.

Achara Kamara only entered the palace in Beijing in October last year, and she came here with a family-like mentality, but it turned out that she seemed to have entered the Grand View Garden, and her mood was often uncertain.

The one with the most new objects is the backyard of the Heart Cultivation Palace. Her favorite places to go, in addition to the newly renovated volleyball court, badminton court and table tennis court in the Imperial Garden, are the backyard of the Heart Cultivation Palace.

Now seeing her surprised eyes, Zhu Houxi smiled at her again, so Acharakamara was timid and lowered his head to the side.

"Let them pretend, Huang Jin, take the racket, you have gained some weight."

Huang Jin aggrievedly picked up the shuttlecocks and rackets sewn with leather and feathers, and followed the emperor, the concubine and the eager prince to the imperial garden.

Developing more ways of sports and entertainment to kill time and energy is beneficial to the harmony of Zhu Houxi's harem, as well as to the health of the emperor himself and the princes and princesses.

Can Zhu Houxi still not understand Sun Jiao's eyes? He suspected he wouldn't live to be forty!

Of course, Zhu Houxi also admires him, and he can still give birth to a sister-in-law at the age of seventy.

The sports and entertainment activities with the emperor are the favorite of the harem concubines, and it is spring now, which is more suitable for garden entertainment.

In the warbler and swallow swallow, Zhu Houxi is very lively, combining work and rest.

I can't complain about people's nostalgia for imperial power, so it's normal for some people to feel incomprehensible about his appropriate weakening of imperial power.

In the spring, His Majesty the Emperor of the Ming Dynasty finally decided on the situation in Jiaozhi, and Weng Wanda set off south with the supreme authority of the Great Emperor.

At least for the time being, the imperial power of His Majesty Zhu Houxi, the great son of heaven, is extremely powerful and majestic.

At this moment, as far as Jiaozhi is concerned, the Ming Dynasty is a concrete historical wheel.

(End of chapter)