"Makes sense." Zhu Biao touched his chin, and his eyes flashed.

Zhu Su's words seemed to open the door to a new world for him.

"No matter how much gold and silver coins are piled up at home, if there is nothing to buy in the market, it is just a yellow and white thing that cannot be used and cannot be eaten and clothed."

"Coins have value because they are seen as 'currency' that can be exchanged for almost all other 'wealth.'"

While it can be exchanged for wealth, its value should also be considered in terms of the amount of wealth in the market, as well as the amount of money itself. If the imperial court distributes coins indiscriminately, and the wealth remains the same, the same coins can be exchanged for fewer and fewer things. ”

"Fifth brother, am I right?"

"Big brother is so right!" Zhu Su praised. Zhu Biao seems to have a talent for the economy, and he has clarified the concept of currency so quickly. "These are the two functions of 'currency', one is the 'value scale' and the other is the 'means of circulation'. It has no value in itself, but only serves as a measure to show the value of the various 'wealth' in the market. ”

"Then I get it." Queen Ma also smiled. "For example, if you want to buy a piece of cloth in the palace, the price used to be two or three cents. But if the court distributes coins indiscriminately, the cloth is still this cloth, but the asking price will become seven or eight taels. ”

"At first glance, the court has a lot of money, but there are only so many things that can be bought."

"That's not right." Lao Zhu, who had been pondering, spoke.

"Old Five, what are the 'currency' and 'wealth' you are talking about, we can be regarded as understanding."

"This statement is indeed a good prescription for the ages, and thinking like this, many things that we seemed to understand before are also understood."

"However, we don't understand, if this is the case, why can the Yuan Court issue treasure banknotes twice before, but it can really enrich the country?"

"If this is the case, then there should be no difference between issuing banknotes and not issuing money......

"The act of issuing money will certainly not increase the wealth of the whole society." Zhu Su straightened his body and looked at Lao Zhu seriously.

"However, the Yuan Court issued money, but it successfully enriched the state, that is, obtained 'wealth'."

"So Dad, think about it, where should this 'wealth' that seems to come out of thin air actually come from?"

"Where did you ...... from" Lao Zhu frowned, and suddenly he remembered something, his pupils fluttered, "You mean, the people ......"

"Of course!" Zhu Su nodded.

He let out a long sigh, sorted out his thoughts, and then continued to explain in Lao Zhu's solemn eyes:

"It stands to reason that if there is more 'currency', the 'wealth' sold in the market should also be more expensive."

"But the problem is that people don't know immediately that 'currency' has become worthless. For a long time, people who don't know why will still sell their 'wealth' obtained through hard work according to the original price. ”

"And what about Yuan Ting? All you need to do is write the amount of money on the banknote and you can get wealth from the ignorant people...... Why not use such a convenient method? Anyway, the people did not dare to disobey the laws of the Great Yuan, and they naively thought that their labor had indeed been rewarded. ”

"When the people noticed that the paper was becoming less and less valuable...... What can you do but sigh? Is it possible to find those officials and Mongolian emperors to seek justice? ”

Queen Ma's brows were already deeply furrowed, and the crown prince Zhu Biao was already dumbfounded: "This ...... Isn't this a disguised raid on the people......"

"Bang!" Lao Zhu slammed his fist on the table. "Li Shanchang! There are also those faint officials in the household department, they should be killed! We asked them if there were any drawbacks to the banknote law, and they patted their chests and assured us that as long as they did not issue money indiscriminately, there would be no problem. ”

"Destroying the people...... Is this no problem? This is to make the people suffer dumb losses......"

"Wait until the people can't stand it anymore...... That's when the sky fell apart! ”

Lao Zhu scolded angrily.

"Heavy eight, don't be so angry...... The eldest grandson is scared of you! Queen Ma patted the frightened Zhu Xiongying in her arms and coaxed her, while calming Lao Zhu's emotions. The officials in the Korean government and the court, Xu didn't expect this. After all, for thousands of years, generations have thought that wealth is gold and silver, who would have thought that it would go so deep? ”

"Besides, don't you think of this level, if Su'er doesn't make it clear, I'm afraid that the Treasure Money Lifting Division will already be opened. You, Emperor Zhu, may not know that you have harmed the people in the end, and you are still complacent! ”

“…… We are the emperor, not the bookkeeper! Lao Zhu was stunned and argued with his neck stalked, but the anger of killing had been persuaded by Queen Ma. After thinking about it, he still felt unhappy, and muttered: "Those big turbans, those who know it." Let's let them help manage this big country, and almost got out of such a big basket! ”

"It can be seen that the so-called 'half of the treatise on ruling the world' is all false." Zhu Biao also shook his head and sighed. "The world is only able to learn, and there are many categories. Just by reading the books of the sages, you can't get to know everything after all. ”

"Fifth brother, what you said before, introduce the learning of a hundred schools in Guozijian...... Brother only now knows what you mean. ”

These court officials, who are full of sages and classics, now seem to be more useful than inviting a few account offices.

Zhu Biao felt that the sacred filter of Confucianism in his heart was almost shattered.

"There are so many cheap things in the world to take advantage of, and all the seemingly free things have to pay the heaviest price." Zhu Su concluded. "The treasure money seems to be printed with money, but in fact, the price he needs is the people's trust in the court."

"The more they printed, the more trust they overdrawn, and the more the people hated the imperial court. At this time, he is proud, but one day the world will boil back, and the so-called 'opening the river to become the root cause of the trouble' is the reason. ”

Saying that, Zhu Su explained in detail the fact that Lao Zhu issued treasure banknotes in history and finally turned treasure banknotes into waste paper. Da Ming's luck was obviously better than that of Da Yuan, and the period when the problem of Da Ming's treasure banknotes began to erupt in a concentrated manner coincided with the period when Emperor Zhu Di was in power.

Because Zhu Di has extremely strong control over the whole country, a series of turmoil caused by the collapse of the treasure banknote was also suppressed by the imperial court one by one. Later, although the imperial court continued to issue money, the people directly denied the treasure banknotes, and the treasure money basically withdrew from circulation, so it did not cause any major problems.

But Rao is like this, and the credit of the Ming court has also been ruined by the treasure bank. Many officials and petty officials used treasure money to buy and sell and loot the people, and the imperial court also used treasure money to distribute officials and military households with treasure money in accordance with the old Hongwu system, which indirectly led to the Ming officials, who had almost no official income, regarded corruption as a common practice and made a lot of "extra money", and the military households also deviated from the imperial court.

It wasn't until hundreds of years later that a post station soldier surnamed Li chose to rise up because he couldn't survive anymore......

"Alas!" Lao Zhu sighed heavily. "This is another maladministration that we have left for our children and grandchildren!"

"It seems that the method of treasure money is absolutely impossible."

"But the empty treasury of our Daming ...... What should we do? ”

(End of chapter)