Chapter 107: The Ming Financial Crisis
Qianqing Palace.
Zhu Yuanzhang sat on the dragon chair, his eyes closed, and his face was angry.
The beads in his hand turned, as if forcibly suppressing this anger.
After Weifu returned to the palace, Zhu Yuanzhang sent someone to the household department for questioning.
Knowing the situation of the Daming treasure banknote, anger rose from the heart.
In the words of the imperial grandson: the collapse of the monetary system will lead to hyperinflation, and eventually the demise of the dynasty.
Zhu Yuanzhang doesn't understand what a system is and what inflation is.
But he knew what the fall of the dynasty was.
Unexpectedly, the world he single-handedly fought will no longer exist!
In terms of proximity, Daming treasure banknotes are related to the lives of every people, so depreciated, how can the people live well?
At this time, Zhao Mian, the head of the household, arrived in a hurry and quietly entered the palace like a thief.
Zhu Yuanzhang didn't open his eyes, but as if he had a third heavenly eye, he suddenly shouted: "Zhao Mian! ”
Zhao Mian trembled slightly: "Minister, minister." ”
Zhu Yuanzhang opened his eyes: "You are the head of the household, you say, what should I do about the treasure banknote?"
His eyes were sharp and piercing.
From the emperor's questioning of the household, Zhao Mian knew that the thunder of the treasure banknote was about to explode!
"Returning to Your Majesty, the reason why the household department printed and distributed a large number of treasure banknotes was because the imperial court had repeatedly made northern expeditions, and it was necessary to ...... wars."
"I'm asking you what to do, not for you to make excuses!"
Fighting costs money, Zhu Yuanzhang naturally knows.
The household department is printing money like crazy, causing prices to rise, and things have happened.
How to deal with the aftermath, this is the most important thing!
Zhao Mian thought for a while and said: "Your Majesty, the minister thinks that the imperial court should issue an order to prohibit the use of gold and silver by the people for trade, and then collect the gold, silver and copper coins of the people back to the government, exchange the money according to the number, and not allow the replacement of copper coins in private!" ”
What he means is to ask the imperial court to forcibly implement the Ming treasure banknote!
It is forbidden to use gold or silver, only treasure money.
In this case, the treasure money is worth a lot of money!
In the past, many people linked treasure banknotes to gold and silver, and always used treasure banknotes as cheap as hundreds of copper coins.
Now ban gold and silver, only use treasure money, consistent is consistent!
Zhu Yuanzhang nodded slightly.
Zhao Mian's suggestion has some truth.
You can try it!
......
East Palace.
"Because the price is expensive, and the banknote law is bad, the emperor ordered the household department to collect the people's money and return it to the official, and exchange the money according to the number, and the copper money is not allowed to be replaced."
Du Ze, the chief official of the East Palace, is conveying and analyzing the decree.
It's what he does every day.
After Zhu Yunxi heard this, he was furious and smashed the teacup with one palm: "The household is just!" ”
Forcibly intervene in the market, and mess around!
Can government decrees make economic laws obedient?
Lao Zhu doesn't know anything about the economy, and Zhao Mian, the head of the household, doesn't understand either?
Du Ze is as calm as water.
He already knew the temper of the imperial grandson.
He said unhurriedly: "The following ministers will read the official documents of the household department for His Royal Highness......"
In order to deal with the depreciation of the treasure banknote, the household department has formulated various measures to curb the vicious development of the Ming treasure banknote.
The first is the implementation of the "household registration money and salt law".
Each household is equipped with a pound of salt, and the money is consistent.
The Ministry of Households has also launched the policy of "door stall course", and the merchants who do business pay the door stall class with money.
Zhu Yunxi knew that the imperial court was forcing merchants and ordinary people to use treasure money.
"Well, I'll do it then!"
Zhu Yunxi knows very well that these practices of the household department are useless!
In order to completely solve the problem of Daming treasure banknotes, it is necessary to carry out reform from the top down.
After the imperial decree was issued.
The treasure banknote became the only legal currency in circulation in the Ming Dynasty.
It caused a major sensation in the market.
For a time, the value of treasure banknotes has rebounded!
Ji Gang was excited.
He looked at a room full of treasure money, and almost fainted with happiness.
"Rich!"
"Lao Tzu is rich!"
A few days ago, Ji Gang pressed all his belongings, and then went around frantically borrowing money to buy treasure money.
He even started a debt business with scalpers.
A total of 14,000 taels of silver were spent, and 100,000 Daming treasure banknotes were hoarded!
If the value of the treasure banknote appreciates, the denomination will always be of the same value.
That Ji Gang will make 86,000 taels this wave!
Watching the price increase of treasure money day by day.
Ji Gang walks with the wind!
He realized that doing finance is really fast.
Faster than a robbery!
However, Ji Gang was not in a hurry to sell the treasure money.
Now it is only the appreciation stage, and it has always been worth about 200 Wen.
He has to wait until he has always been worth more than 900 wen before making a move!
"Mr. Zhao, Fuller House tonight?"
Ji Gang looks like a rich man.
Zhao Zongqi snorted: "Why are you so generous today?" ”
"Are you going or not?" After being rich, Ji Gang was very confident, and his voice was raised by three points.
A look of yearning appeared on Mr. Zhao's face: "Such a good place, how can you not go!" ”
As the most high-end club in Beijing, Fuller House takes the high-end route!
The female staff in it are not making money from low-end skin and flesh as they imagined.
They rely on their talent and identity!
Zhao Zongqi knows that with his own economic strength.
Prostitutes cannot afford to prostitute.
Moreover, the emperor stipulated that officials were not allowed to stay overnight in the Qinglou.
As a brocade guard, you can't take the lead in violating the rules.
The two went to Fuller, mainly to listen to music.
Watch the girls twist their butts and spin in circles.
You can play around with it once in a while.
The girls in the Fuller House are all the daughters of some sinners.
These people are already educated.
Later, there were professionals to guide the business.
So from the temperament alone, it is absolutely dead!
Even if you spend money and don't get anything done, you will feel that it is a kind of enjoyment!
As a green building under the Department of Teaching.
Under the policy, Fuller House unconditionally collects Daming treasure banknotes.
This made Ji Gang, who was carrying 100,000 yuan in treasure money, feel like picking up money.
I can't help but sigh: It's good to feel rich!
However, the good times were short-lived.
Ji Gang ushered in a nightmare!
In just three to five days, the market has changed dramatically.
Daming treasure banknotes depreciated again!
This time the devaluation, at a speed visible to the naked eye, crazy diving!
Not only did it not stabilize its value, but it fell below the previous 160 Wen!
And that's just the beginning!
A few days later, the usual treasure banknote fell below 100 copper coins!
The value is only 10% of the face value!
People in the market still use silver and copper coins!
In this wave, Ji Gang directly lost miserably!
"What's going on?"
"Why is this happening?"
Ji Gang collapsed on the bed, looking at the room full of treasure money, wanting to cry without tears.
His expression is like that of a stockholder who has encountered a plunge in the market.
The original intention of the imperial court was good, but various problems arose in the process of implementing the policy.
Due to the excessive issuance of Ming banknotes, the treasury of the Ming Dynasty did not have enough money to support it.
Although the household department has recovered a large amount of gold and copper from the people, the amount is limited.
The treasure banknote has suffered a serious credibility crisis!
The common people don't trust it at all!
Many people still exchange treasure money for copper coins in private.
After thinking about it, Ji Gang decided to cut the meat and leave!
However, his treasure money could not be sold at all!
The market is chaotic, and the treasure money is becoming less and less valuable, and no one dares to ask for it.
There's nothing you can't sell, only the price isn't right.
Ji Gang gritted his teeth and decided to sell the treasure money in his hand at a price lower than the market!
Still can't sell.
It's not that no one collects it, it's that there is something wrong with his treasure money.
It's not a fake, it's like a fake.
The tooth merchant who collected the treasure money bluntly told Ji Gang that the treasure money in his hand was all old money.
Old banknotes are cheaper than new ones!
Ji Gang almost exploded on the spot.
Not only did he suffer from the policy
also fell for the scalper.
What the scalper gave him was all old money!