After Qingjun came out on his side, the world shook,

Not only in Datang, but also in neighboring countries.

At this moment, the Western Turks, Xue Yantuo, Tubo and other countries are staring at the Tang Dynasty.

These countries are deeply attracted by the vast land of the Tang Dynasty, and they have always coveted the land of the Central Plains.

After Qingjun's side was raised, the five surnamed Qiwang made a voice for the first time:

"The emperor has no virtue, and the traitorous ministers are in charge, from now on, the five surnames and Qiwang will stop using the seven-star banknote division, and they will no longer serve the imperial court!"

This is the first time that the five surnames and seven wangs have made a move, after all, it is not the five surnames and seven wangs who put forward the Qingjun side on the surface, but Qingshan in Qingzhou.

In an instant, the Tang Dynasty, which was originally inciting uneasiness because of the Qing Jun's side, was completely boiling because of the actions of the five surnames and seven hopes.

After Li Shimin and others learned about this, their first reaction was to feel ridiculous.

The Seven Star banknotes themselves are pushed out by the five surnames and seven hopes, and if they are deactivated, the loss will also be the five surnames and seven hopes.

But soon, the problem arose.

With the five surnames Qiwang stopping the use of seven-star banknotes, private shops began to refuse to accept seven-star banknotes.

In an instant, the seven-star banknote, which represents money, becomes a piece of waste paper, which cannot be bought and has no value.

And some people exchange all their worth for seven-star banknotes, and they go bankrupt in an instant, and even eating and drinking become a problem.

A person is bankrupt and has nothing to eat, it's fine.

A hundred people are bankrupt and have nothing to eat, it's okay.

A thousand people are bankrupt and have nothing to eat, it's fine.

But when 10,000 people didn't have anything to eat, things started to take a turn for the worse.

"So that's it, so it's like this!"

"The ruthless five surnames and seven hopes, no wonder they didn't spare any effort to promote their banknotes before!"

After Li Shimin understood the seriousness of the matter, his face was as ugly as he was.

He summoned the ministers to come and discuss, including Fang Yuan, because now there was only Fang Yuan in charge of the household department.

"His heart is sinister!"

"They vigorously promote the replacement of copper coins with seven-star banknotes, and eighty percent of Datang's banknotes are theirs."

"Now, it is really sinister to announce that the seven-star banknote is invalid, and the responsibility is still on our court!"

The eldest grandson Wuji and the others shouted innocent, and their faces were red with anger.

The pot was made by five surnames and seven wangs, but the court had to buy it.

The small problem is easy to solve, but the promotion of the Seven Star banknote is so big, how can it be handled?

"Your Majesty, this matter is far more terrifying than the Qingzhou Rebellion, and it will affect the entire Tang Dynasty!"

Fang Xuanling said in a deep voice.

If you can't use the money, you will naturally have nothing to eat.

There is no food to eat, so there is only the choice of robbing and being robbed.

After all, not everyone has the land to grow food.

"What about coping?"

Li Shimin said in a deep voice.

How could he not have known the gravity of the situation?

As soon as he learned the news, he summoned the ministers to come over for discussion, which was to understand the seriousness of the situation.

"Your Majesty, how about replacing the seven-star banknote with the Tang Treasure Banknote?"

"Anyway, the Datang treasure banknotes are also printed, and it doesn't have much impact to replace them, and we can take this opportunity to replace the Seven Star banknotes."

Wang Qi proposed.

As he spoke, he looked at Fang Yuan on the side.

Including Li Shimin, too, they all looked at Fang Yuan.

It seems to be a good way to replace the Seven Star banknotes with Datang treasure banknotes.

But everyone felt that they had to look at Fang Yuan's opinion, after all, the concept of paper money was proposed by Fang Yuan.

Now that there is a problem with the banknote, it is natural to think of Fang Yuan's body and see if Fang Yuan has any ideas.

"No way!"

"The seven-star banknote is thundering, and the Datang treasure banknote will also be suspected by the market, and many merchants will not dare to accept the banknote."

"Next, there will be hundreds of people who exchange paper money for copper money, our copper money reserves are too small, and large-scale printing of paper money may cause credit collapse!"

Fang Yuan shook his head and said.

Inflation and reserves are also half-understood.

However, it can be known that blindly printing money will definitely not bring a good thing, and it will cause the paper money system to be paralyzed.

"Don't dare to accept paper money, the court strictly orders that it must be collected!"

"The reserve of copper coins is not enough, let's just make more copper coins!"

Wang Qi thought for a moment and continued.

He felt that as long as the court wanted to do it, there was nothing that could not be done.

Unless it is said that there is a big family, such as the intervention of the family with five surnames and seven hopes.

"First, there is a sentence that I don't like to hear, but it is a fact, the emperor is far away, and the shops close to the imperial capital may listen to the imperial court, but what about the farther ones?"

"Second, it takes cost to create copper coins, and it costs to print banknotes, just thinking about blindly printing out to replace the banknotes of the five surnames and Qiwang, how many banknotes are there in the five surnames and Qiwang?"

Fang Yuan retorted.

Wang Qi opened his mouth, but this time he did not refute.

Li Shimin and the others frowned even deeper, and the second point of Fang Yuan was extremely jealous.

The deactivation of the Seven Star banknotes was caused by the five surnames Qiwang, and God knows how many banknotes he had.

If printing money instead of seven-star banknotes, it is to send a large amount of copper coins to the five surnames and Qiwang.

Not only did they harvest a large amount of copper coins with the Seven Star Banknotes, but now they printed and minted money, and the benefits were all earned for them.

"There is indeed a problem with the method mentioned by Wang Xiang, but at present, there is no way to do it."

"I thought that a large number of paper money printing, a large number of copper coins, we gritted our teeth in the early stage will change the status quo of the market, and then we will implement paper money and recycle copper coins in the later stage."

"It's just a matter of time, and for us, in the long run, the benefits outweigh the cons!"

The eldest grandson Wuji said in a deep voice.

The crowd listened, some pondered, some nodded.

There are a lot of costs involved in making banknotes and copper coins, but these costs can be covered by the banknotes and copper coins that are made.

As long as the situation in the early stage is stabilized, after the Tang Dynasty banknotes replace the seven-star banknotes in the later period, the matter of money is the court to speak, and the court will print as much as it says.

Time only, the empire has.

"No, in the long run, it will still do more harm than good."

"Whether it's printing a lot of paper money or minting a lot of copper coins, it will bring about inflation."

"When there is more money in the world, the value of goods will depreciate, and what should have been purchased for only one dollar may take a hundred dollars to buy in the end."

Fang Yuan said in a deep voice.

Inflation will bring a great crisis to the empire.

Especially in the case of such a small-scale peasant economy, the impact is greater if the money is not easy to make but it has to be purchased in large quantities.

"What does inflation mean?"

Eldest Sun Wuji frowned and said.

Li Shimin and the others also looked at Fang Yuan and couldn't understand the word.

But you can understand a little bit of Fang Yuan's explanation later, but I don't think it's a big problem.

"That's the explanation I'll give later."

"Inflation will have a big impact on people and society."

Fang Yuan said in a deep voice.

"Since the harm outweighs the good, is there a better way?"

Li Shimin believes in Fang Yuan.

But this is not important, what matters is the solution.

"There will be no way for a while."

Fang Yuan shook his head and said.

Things happen too fast, and before you have time to react, there is no good way.

"Since there is no good way, shouldn't we consider the method I just said?"

Wang Qi interjected.

By default, whoever proposes the solution will be left to the operator.

This kind of matter is related to the manufacture of banknotes and copper coins, which is a great oil and water, and a rare good errand.

Naturally, Wang Jue is not short of money, and he will not bend his waist for money, but the Wang family is so big, not everyone is like this.

Isn't it beautiful to give this kind of beauty to your subordinates?

"I'm against it!"

"It is advisable to think long-term, not to rush into a decision!"

Fang Yuan said in a deep voice again.

The stakes are high, and it would be too hasty to decide on something that took so little time.

Li Shimin's brows furrowed, considering whether he should discuss it again.

"Your Majesty, we have time, but the people of the world don't have time."

"It's been two days since we got the news, and it's going to take a few more days to get the news around."

"If you don't have food for a day, you can make trouble, and after so many days of panic, who knows what will happen."

Eldest Sun Wuji interjected.

He was dissatisfied with Fang Yuan, and when he saw that Li Shimin had the idea of favoring Fang Yuan, he immediately spoke out.

"Then do what the king wants."

"Wang Xiang, you are responsible for this matter, Fang Xiang and Wuji cooperate."

Li Shimin pondered for a moment and made a decision.

Indeed, you can wait, but the people of the world cannot wait.

Wang Qi's method is problematic, but the problem Fang Yuan said is later.

Then solve the immediate problem first, and wait until later to solve the problem raised by Fang Yuan.

"Your Ministers obey!"

Wang Qi and the others should be immediately.

Fang Yuan frowned and did not object again.

He didn't have a better way, and his words were slight.

I just hope that the five surnames and Qiwang will not take their banknotes to exchange for Datang treasure banknotes, and then use Datang treasure banknotes to exchange copper coins.

If this is the case, then it will not be long before the imperial court will usher in a crisis, the money will no longer be valuable, and the copper coins may also be quickly used up.

The meeting was adjourned, and the people departed.

After leaving the imperial study, Fang Yuan did not go to the household department, but went out of the palace.

He wanted to see for himself what was going on after the Seven Star banknotes were deactivated, and see if the news had spread.

When he first came out of the Vermilion Bird Gate, Fang Yuan didn't feel anything, but as he moved away from the Vermilion Bird Gate, he felt the difference in the atmosphere.

"Sorry, we don't accept seven-star banknotes!"

"I'm sorry, the Datang treasure banknote store doesn't accept it, we only accept copper coins!"

Fang Yuan heard similar words several times.

The Seven Star Treasure Banknote is completely deactivated, and even the Seven Star Money Village doesn't know when there is no one left.

Datang treasure banknotes are okay, but a few stores don't accept them, and most stores still accept them, but they find that they hesitate to collect money.

When Fang Yuan came to Huaxia Money Village, Fang Yuan found that there were several long queues, and after a little inquiry, he found that paper money was exchanged for copper coins.

Looking at the scene, there will be more people coming to redeem it.

The news of the discontinuation of the Seven Star banknotes has spread throughout Chang'an City.

As soon as the news reached Li Shimin's hands from the outside, the people of Chang'an City knew about it.

It can be seen that there are also people in this who are manipulating.

"Hey, can you Huaxia Qianzhuang hurry up?"

"Are you also going to stop using the Datang treasure banknote?"

"Hurry up, can you do it, believe it or not, Lao Tzu smashed the shop?"

The people in line were restless, urging Huaxia Qianzhuang to hurry up.

Although the staff of Huaxia Money Bank wanted to hurry, the procedures for exchanging banknotes for copper coins were quite slow every time.

It is necessary to distinguish the authenticity and so on, and also set the difficulty of the exchange, etc., so that people do not have to come to redeem.

"Everyone, don't be impatient!"

"I'm Fang Yuan, I promise you that the Datang treasure banknote will definitely be able to be exchanged for copper coins, please don't be anxious!"

Fang Yuan sighed in his heart.

Stand up and soothe the emotions of the crowd.

After getting Fang Yuan's personal commitment, everyone's mentality relaxed a lot, and some people chose to leave.

Because there were so many people on the scene, they might not be able to reach them even if they lined up until dark.

But there are still a lot of people queuing, and there is a steady stream of people coming to queue up.

Seeing this, Fang Yuan was not appeased, and left Qianzhuang.

Not long after, an announcement from the imperial court appeared.

The announcement is longer, and there is a lot of reassuring space.

But there are two main contents: the seven-star banknotes can be exchanged for Datang treasure banknotes, and the Datang treasure banknotes can be exchanged for copper coins.

As soon as the announcement came out, the dark clouds that shrouded people's hearts finally disappeared a lot, and they shouted long live the imperial court.

Those ordinary people who were all worth seven-star banknotes were so excited that they burst into tears and hurriedly ran to Huaxia Money House to exchange them.

"Look, the way to be true is to be practical."

After Wang Jue learned of the situation, he smiled and ordered someone to inform Li Shimin in the palace of the situation.

Li Shimin finally breathed a sigh of relief after learning the reaction, but his face quickly sank, thinking about the problem of five surnames and seven hopes.

At a time when Li Shimin, Wang Qi and others felt that the new method was easy to use, Huaxia Qianzhuang ushered in the most difficult period in history.

There were more queues at the gate of Huaxia Qianzhuang, five times as many as when Fang Yuan was there, there were as many as five or six thousand people, blocking the streets and making the speed even slower.

The reason for the slower is that those who hold the seven-star treasure banknote come to exchange for the Datang treasure banknote, and after the exchange of the Datang treasure banknote, they immediately take the Datang treasure money to exchange for copper money, so that the flow of people has hardly moved.

Soon, new problems arose.

The banknotes of Huaxia Qian Zhuang were quickly exchanged, and the copper coins were also exchanged.

The number of people queuing at the gate of Huaxia Qian Zhuang is not less, but there are many more.

The imperial court is now printing and making money quickly, but it does not mean that there is one.

But the people in the queue didn't care about this, thinking that it was all an excuse, and the agitation was even greater.

What happened at the gate of Huaxia Qian Zhuang quickly reached Fang Yuan's ears.

In this regard, Fang Yuan ignored it and ordered someone to pass the news to Wang Qi.

"Didn't you say you could exchange it?"

"Why are they all so anxious to be reincarnated?"

Wang Qi said speechlessly.

Immediately organize manpower to publicize and pacify.

Action plays a role, but it doesn't seem to have much effect compared to the large crowd.

At the same time, new problems await Wang Qi and Li Shimin.

"Heh, this response of the imperial court is really surprising."

"In that case, let's continue to print the Seven Star Banknotes and exchange our waste paper for copper coins."

"There is no need to add complex defenses, anyway, they don't know about our technology, even if they find out that it is a pile of fake money and waste paper."

"Li Shimin must regret launching this method, God help me!"

Somewhere.

Five people with the surname Seven Hope are in a meeting.

They are some of the high-ranking people who stayed in Chang'an City.

Act on behalf of the various patriarchs and cooperate with their patriarchs.

(End of chapter)