"What is inflation?"

Lack of credibility and collusion between the top and bottom, Jiang Ling can still understand the literal meaning, but she doesn't understand this inflation.

"Back to my lord."

"Inflation is simple."

"For example, if the Great Wei Dynasty only has 100 people, it can produce 10,000 flatbreads a year."

"Then the imperial court issues 10,000 treasure banknotes, and one treasure banknote is worth one big cake, so that the people can exchange one treasure note for a big cake."

"This is a reasonable thing to do, because the treasure money will not depreciate because of this, but will stabilize the value of the currency."

"But as the imperial court needs silver taels, 100,000 treasure banknotes will be issued, which means that ten treasure banknotes can be exchanged for a large cake."

"However, the face value of the treasure money cannot be changed, and the value of the goods cannot be depreciated, in which case the currency begins to depreciate."

"Once a currency depreciates, the troubles it brings, like a tsunami landslide, can cause a chain reaction in an instant, the most common being panic selling."

"For example, my lord, you are a bread seller, at the beginning you sold a treasure banknote for a cake, but you found that more and more people bought cakes, and even a beggar had hundreds of thousands of treasure bills on hand, and you took the treasure money to buy cakes, and found that you couldn't buy it at all, what should you do?"

"Do you continue to sell at the original price, or do you simply not sell it?"

Xu Shouyun gave a metaphor that was not particularly appropriate, after all, he was explaining finance to the ancients, so the analogy was very troublesome.

"Understood, inflation means that once the issuance of treasure banknotes is flooded, the people will not recognize it, so that the value of treasure banknotes will become lower and lower, and finally turn into waste paper?"

Jiang Ling is not stupid, and instantly understands this truth.

"Exactly."

Xu Shouyun nodded.

Inflation, if you really want to talk about it, you can talk about it for three days and three nights, but the principle is very simple.

Money is worthless because the 'gold standard' or 'silver standard' gives money value, and over time, national credit is also included in the monetary value.

Issuing currency is not a difficult task, and a three-year-old can do it.

Leave slip is not a certain currency, some large enterprises have the whole leave note, who has a good performance this month, send two leave slips, exempt you from leave full attendance.

Besides, it's hard to hear, the little saffron in school is, in a sense, also currency, and then whoever has more saffron can exchange it for fairy tale books.

With the help of this thing, improve everyone's enthusiasm, read books honestly, let you sleep, let you sweep the floor, sweep the floor, and compare well.

But what's really hard?

The hard part is 'monetary stability'.

The distribution power is in the hands of individuals, so isn't that a mess? If you don't have money, if you don't print, who will die if this country doesn't die?

"This is very simple, the Great Wei Academy controls the printing rights of treasure banknotes, and prints them according to the current situation of Great Wei."

Jiang Ling looked very calm, she thought it was some trouble, but it turned out to be this.

"Your Excellency."

"It's useless to let anyone come, once the currency is issued, it is like a flood bursting the embankment, and it can't be stopped."

Xu Shouyun shook his head, this idea was too naïve.

"You look down on the Great Wei Academy too much."

Jiang Ling couldn't help but retort.

"With all due respect, my subordinates said bluntly, it is the adults who look up to the civil and military affairs of the Manchu Dynasty too much, and they also look up to the Empress of the Great Wei Dynasty too much."

Xu Shouyun bowed his head, he didn't want to fight.

But the matter is so big, if you really follow the leader, the thing is not done, and the unlucky person is still yourself, so you just talk about the matter, and if you really want to wear small shoes for yourself because of this kind of thing, then Xu Shouyun can't do anything.

"Empress of Great Wei?"

Jiang Ling couldn't understand it now, why did he pull it on himself again?

"My lord, think about it."

"Where is there no shortage of silver in the six parts? It is said that the control is strict, but how strict? ”

"Let's talk about it one department at a time, let's say you're the emperor."

"The officials came to you, the officials of the Great Wei Dynasty have a very low salary, and now that they have silver, do you want to raise the income? Do you say yes or no? ”

Xu Shouyun asked.

"Promise." Jiang Ling thought about it, and then nodded, it is also a good thing that the hundred officials have been improved, at least they can keep the bottom line of Qingliu.

"Okay, 50 million taels of silver a year is gone."

Xu Shouyun spoke up, and as soon as he said this, Jiang Ling immediately stopped: "Fifty million taels of silver? Why so many? I'm definitely not going to say yes. ”

"My lord, it's really not your turn not to agree, I just looked through it, and there are 490,000 officials in the Great Wei register."

"These 490,000 officials, according to the average salary, spend about 60 taels a year, after all, this is an increase in income, 100 taels per person is not too much, 50 million taels is not too much, this is still the official department is not black."

"If your heart is a little darker, the court has silver, should you make the firewood, rice, oil and salt for the New Year's festival a little neater?"

"I'll tell you the truth, if I'm a secretary of the ministry, I'm sorry for this identity if my mouth is less than 80 million taels of silver."

Xu Shouyun is very pragmatic, don't fix this and that, so many people eat with him, if he can't get some benefits back, how will he mix in the future.

"You go on."

Jiang Ling nodded.

"The Ministry of Officials is going to take 50 million taels, and the Criminal Department is asking for 30 million taels, isn't it too much?"

Xu Shouyun spoke up.

"What does the Criminal Department want 30 million taels for?" Jiang Ling frowned, you said that the Ministry of Officials is at least to improve the rank of 100 officials, and it is reasonable, your Criminal Department is considered a hair?

"The Criminal Department is in charge of all criminal cases in Dawei, and the manpower and material resources required are not a small amount, and the most important thing is that the Ministry of Officials took 50 million taels of silver, and if the Shangshu of the Criminal Department did not take 30 million taels, he would not be able to explain to the below."

"To put it mildly, the people in charge of the Criminal Department, if they go down there, if they are given enough money and have a nourishing life, they will not do some things to commit adultery."

"If you live a hard life and go thousands of miles away to handle a case, and a rich man comes to the door and sends three thousand taels of silver to this adult for a favor, will this adult help or not?"

"So the Criminal Department has to give it instead, after all, it represents the law of the Great Wei, and no one can suffer the Criminal Department if it suffers, can the 30 million taels be given?"

Xu Shouyun said it is also very reasonable.

"Given, given."

Jiang Ling sighed and agreed with these words.

"Okay, the Criminal Department gave 30 million taels, and my Ministry of Rites asked for 10,000 taels, isn't it too much?"

Xu Shouyun continued to speak, but as soon as he said this, Jiang Ling's voice sounded.

"What?"

"You want 10,000 taels from the Ministry of Rites? Why? ”

Jiang Ling's voice was relatively loud, and his eyes were full of displeasure.

You said that the Ministry of Officials, the Ministry of Punishment wants so much, even if you want so much, what kind of thing is your Ministry of Rites? And 10,000 taels of silver?

You go and grab it.

"Don't worry, sir."

Xu Shouyun knew that the other party was in a hurry, but it was better not to worry.

"The birthday of the Queen Mother is coming, all countries are visiting, and now the court has silver, is it to show the spirit of a great country? Does this cost money? ”

"Due to the emptiness of the national treasury, the scholars have not distributed money, wealth and silver for several years, which is not conducive to the development of the country, especially when it comes to national fortunes, do you want to give this group of readers some sweetness?"

"The group of scholars in Dawei adds up to more than the number of officials, and the average expenditure per person is five taels of silver, which may add up to tens of millions of taels of silver."

"In addition to miscellaneous expenses, 10,000 taels of silver is by no means excessive, of course, if you think it's inappropriate, it's okay to have less, 80 million taels."

Jiang Ling, who Xu Shouyun said was very unhappy.

"Then what do you say if you don't give it?"

Jiang Ling came to lose his temper.

"Don't give? It's too simple not to give that, and within three days, the entire Great Wei scholars will start writing small compositions. ”

"The imperial court has money, and it gives officials a boost as soon as possible, but forgets that they are poor scholars, and this kind of country doesn't wait."

"My lord, how do you think Your Majesty will solve this kind of gossip?"

Xu Shouyun is not talking about it, but expounding the facts.

At this moment, Jiang Ling was numb.

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The fifth watch is over! No broken promise!