Lao Zhu frowned and looked at Ji Boying very seriously.

It can be seen from Lao Zhu's expression that he firmly believes in what he says, there is nothing wrong with it, it is very scientific.

Ji Boying smiled, what he was waiting for was Lao Zhu's question, the Hongwu Dynasty and the Yongle Dynasty in history, Emperor Taizu and Emperor Taizong were the masters who took their lives to print money, and the money printing machine clicked day and night, lest it not print enough.

If you don't understand the horror of the financial beast, sooner or later you will suffer a big loss.

Then, his eyes looked at the several incumbent emperors in the seats.

"B1, C1, Ding, E, the four of you have come to tell your ancestors, in your respective dynasties, the price of one stone of rice."

Lao Zhu was stunned, do you still need someone to talk about such a simple question?

Isn't the price of one stone of rice a consistent banknote?

Common sense!

Three-year-old children on the street know it!

Jianwen Zhu, the first to be named, took a deep breath and looked at Lao Zhu.

"Father, ten banknotes can buy one stone of rice."

Lao Zhu didn't have time to go crazy, and Yongle's old Zhu Di had already spoken.

"When I was in the court, eighty guan could buy one stone of rice."

Xuande Zhu Zhanji frowned tightly, and also looked at Lao Zhu.

"Emperor Taizu Gao, a thousand treasure notes can buy one stone of rice."

A thousand?

Lao Zhu, who was still stunned for eighty pounds and one stone, was instantly angry, and stood up with a slam on the Taishi chair.

"What kind of profiteer is this?!"

"We're going to skin these thieves!"

Ji Boying glanced at Lao Zhu, and didn't say anything: You are the biggest profiteer, and you are the kind that specializes in buying and selling without capital.

"Lao Zhu, don't get excited, you sit down first."

As soon as the words came out, Lao Zhu also reacted, and quickly nodded.

"Brother, don't blame, we're just a little too angry, one stone of rice actually asks for a thousand treasure money, it's just lawless!"

"Hmm."

Ji Boying bowed slightly, then looked at the emperors on the seat, and spoke.

"This situation is called inflation."

"That is, under the condition of money circulation, the supply of money is greater than the actual demand, and the purchasing power is greater than the productive forces, which leads to the depreciation of the currency, and then causes the price to continue to rise."

"To put it simply, it's so much money that it's worthless."

Purchasing power? Productivity? Money is worthless? Is money still worth anything? What kind of logic is this?

Lao Zhu's brows furrowed more and more, and he felt that his brain hurt a little.

Daming treasure banknote is a great masterpiece that he racked his brains to come up with, he has always been proud, and indeed, the appearance of Daming treasure banknote, for the rapid recovery of national strength in the early Hongwu period played a great role.

But this operation is tantamount to drinking water to quench thirst, and it consumes national fortune.

And what makes the people sneer the most is that you took the ticket in exchange for the silver in my hand, and then you don't let me pay taxes with the banknote, what is the difference between this and playing a scoundrel?

"Brother, what should I do then?"

The others also stared at Ji Boying, their eyes revealing their expectations for the answer.

In their respective eras, the rapid depreciation of the Ming treasure banknotes and the massive deposits of the people are a big headache.

In fact, in the Xuande period, the effectiveness of the Daming treasure banknote was almost the same as waste paper, and it was difficult to maintain it just by relying on imperial power.

After all, it's a legal tender issued by the imperial court, so you can't deny it, right?

"Do you think that's a big deal?"

Ji Boying did not immediately answer Lao Zhu's question, but looked at this group of emperors.

Old Zhu Di nodded and took the lead in answering.

"The depreciation of treasure money is indeed a big problem, and if it is not solved, it will be even more troublesome for future generations."

Ji Boying glanced at Lao Zhu Di, if Xia Yuanji was here, he would definitely stand up.

Xia Yuanji: Your Majesty, why don't you think it's a trouble when you make the seal? It was useless for the guy to persuade him, he laughed happily when he printed the money, and waved it behind me with a small leather whip, and whipped me if he didn't print......

Xuande Zhu Zhanji sighed, looked deeply at the old Zhu Di who had just spoken, and wanted to say something, but he didn't know where to start, after all, he was the one who left behind the future generations in the mouth of the old Zhu Di.

In his ten years of Xuande, the Daming treasure banknote is a thing that hurts when the dog wipes his buttocks.

"Brother, since there is a problem with the treasure banknote, it really can't be used, when it can't be used, let's change it to another treasure banknote, let's start from scratch, so wouldn't it solve that inflation."

Lao Zhu spoke, and the theory was magical again.

This time, even his sons and great-grandchildren were stunned, although they didn't know what was wrong with their ancestors' words, but they always sounded like something was wrong.

"You're going to follow Yuan's banknote? Don't you know that the yuan is the one that turns money into a financial collapse? ”

Ji Boying really wants to popularize what Zimbabwe is to Lao Zhu.

"So serious?"

Lao Zhu's face changed, he really didn't think about this stubble, and he couldn't think of this stubble.

"Hmm."

Ji Boying glanced at Lao Zhu and spoke calmly.

"It will be ruined."

As soon as the word "dead country" came out, Lao Zhu and these Zhu Di, Zhu Gaochi, and Zhu Zhanji all frowned, and the word "dead country" they heard today had surpassed everything they had heard in the first half of their lives.

"I'll ask you, forget it, just ask you."

"Wu Yi, don't look at it, it's you."

Ji Boying looked at Xuande Zhu Zhanji, who was looking left and right.

Emperor Xuande, who was suddenly named, was stunned, and then straightened his waist.

"Immortal Master, please ask."

"During the Xuande period, the value of the treasure banknote depreciated a thousand times, and the people refused to accept it, how did the people trade?"

Emperor Xuande sank his breath, first peeked at Lao Zhu, and then glanced at Lao Zhu Di.

"It's okay, although there are no grandchildren in the classroom."

Ji Boying's guided encouragement.

Emperor Xuande swallowed his saliva, took a deep breath, and spit out the two words.

"Silver."

As soon as these words came out, Lao Zhu's face changed instantly.

The national policy he set, the ancestral system he set, and the three orders and five times that silver should not be circulated among the people.

His grandmother's, these grandsons and great-grandsons, the favored eunuchs who spoil the eunuchs, those who use silver use silver, none of them take our ancestral teachings seriously? This is tantamount to a naked slap in our face!