A few days later.

At the gate of Jingshi City, three huge bluestones were moved.

It is engraved with the names of three righteous people, as well as deeds.

Among them, there is naturally the name of Fang Xiaoru, who donated all the millions of taels of silver obtained from the sale of Wang Xizhi's authentic work "Youmu Post" to the imperial court.

Won the first place steadily.

The other two paid the price of 300,000 taels and 200,000 taels respectively to raise their names for the donation stones.

Since then, they have been admired by all the people, and everyone who passes through the gate of Jingshi can see their deeds.

As for the imperial court, it was just a matter of asking someone to move three stones and engrave some characters.

Without any loss, he received a total of more than 3 million taels of donations and put them into the treasury.

Although in comparison, it can be described as a pitiful few.

But the victory is almost costless, just a few stones, what impact can it have on the imperial court?

If three stones are equal to three million taels, then Zhu Yunxi really can't wait to set him up a thousand!

It's a pity that this kind of thing is not easy to repeat.

Zhu Yunxi could only give up and continue to prepare for the issuance of a new issue of treasury bonds.

As the news of Iwami Ginzan was published in the People's Daily, the news naturally spread, and the people of Jingshi already knew about it.

In Yingtianfu, the same is true.

Nowadays, the spread of the People's Daily is too great! Basically, every time a new issue comes out, it will be spread throughout the Ming Dynasty in less than a month!

Now, some time has passed since Iwami Ginzan and about the open-pit silver mine owned by Wakoku.

Naturally, the people knew about it.

It's time for the next step!

……

The Imperial Study.

Zhu Yunxi recruited Yu Xin, the right attendant of the household department, who is now in charge of the affairs of the household department, and his right-hand man, Xia Yuanji, the head of the household department.

He asked: "Do you think it is appropriate to issue treasury bonds this time?" ”

"How much is it appropriate to use national debt as a reserve to print money?"

"The current goal is to complete the land reform completely, and you two are in charge of the household department, so it must be clear."

Land reform is a complex and huge project.

Although Zhu Yunxi initiated this project, he is the one at the helm.

But there is no way to control the details of all aspects, professional things ask professional people, Yu Xin and Xia Yuanji are in charge of the household department, and they are naturally professional candidates.

Yu Xin, the right attendant of the household department, thought for a while.

Then he said: "Your Highness, judging from the current situation, the number required for land reform is really huge! ”

"Fortunately, His Majesty was wise at the beginning and set up a military garrison, although the field was divided among military households for cultivation, but this field still belongs to my Ming Dynasty."

"It's a real savings!"

"Otherwise, the cost of harvesting the land this time will probably double the amount of silver......"

"But even so! The gap is still huge! The new issue of the treasury bonds, Weichen thinks...... No less than 500 million! ”

Wait for Yu Xin to finish.

Zhu Yunxi looked at Xia Yuanji again.

This person who originally took over the post of head secretary of the household department after Yu Xin's death.

Want to see what he thinks.

Xia Yuanji was not cowardly, and after a moment of silence, he said: "The minister thinks that 500 million is still not enough. ”

"If you want to ensure the completion of land reform, you should issue a billion national bonds!"

"Mobilize the people of the entire Ming Dynasty to buy! In this way, we can completely complete the great cause of harvesting the land! Let me be bright and rejuvenated! ”

Yu Xin and Xia Yuanji's numbers are more exaggerated than the other.

But this is not an inexhaustible number.

Not to mention that the people of Daming are already getting rich now, taking Daming's annual tax of more than 10 million yuan, this number is not huge for the people of Daming.

It just depends on whether the people are willing to buy it.

Zhu Yunxi thought about it for a while, and his heart was more inclined to the billion plan that Xia Yuanji said.

It is better to complete the land reform together, rather than in the east and west.

Let the development of Daming become uneven.

This can lead to some unnecessary problems.

"In that case, let's prepare for the issuance according to the billion national bonds."

Zhu Yunxi made a decision.

"No!"

Lang Yuxin, the right attendant of the household department, suddenly objected: "Your Highness, the minister thinks that one billion is too much!" ”

But this is not because Zhu Yunxi did not adopt his plan.

It's not because Xia Yuanji didn't go along with his plan, but because he has other worries in his heart.

I saw Yu Xin said worriedly: "Your Highness, with one billion national bonds as a reserve, the paper money will be issued, and at that time, the paper money issued will far exceed one billion!" ”

"With so much banknotes flowing into the market, there will be no problem for the time being."

"But over time, it will inevitably cause prices to rise! The problem of money not being recovered! ”

"When the time comes, the banknotes in the hands of the common people will become a pile of waste paper again! Your Highness's reputation will also be ruined! ”

Yu Xin said with sorrow.

Although in his opinion, collecting 500 million national bonds and then issuing more banknotes will also end up like this.

But at least, the situation can be controlled a little.

But a billion is too much! It will lead to the situation becoming completely uncontrollable!

After all...... To put it most realistically, there is only so much food that Daming can produce in a year, and if the people have the need to stock up on grain, then prices will soon rise wildly.

The depreciation of money is a matter of a moment!

But Natsuhara has a different view on this.

I saw Xia Yuanji say slowly: "Lord Yu, this matter is as you said, this situation may indeed occur. ”

"Then why do you say you're going to issue a billion?" Yu Xin was puzzled.

Zhu Yunxi also looked at Xia Yuanji, only to see that his face was as usual.

said: "First, it is because if you want to complete the land harvest, you must have a billion national bonds to complete it!" ”

"The national debt is a big killer that consumes the credit of the imperial court and the confidence of the people! It can only be used once, not repeatedly! ”

"If 500 million yuan is not enough, a new treasury bond will need to be issued at that time."

"But at that time, the imperial court could issue it, but would the people be willing to subscribe to it? Perhaps at that time, the value of private banknotes had already depreciated! ”

"Second, the depreciation of paper money seems inevitable, but in fact it may not be!"

"The more money in the hands of the people of the Ming Dynasty, the stronger everyone's desire to buy things, what we have to do is actually to find a way to fill the people's desire to buy."

"Stabilize the confidence of the people of the Ming Dynasty! Let the people know that as long as they want to buy, they will be able to buy it! ”

"At the same time, we can also find a hole, so that the people can throw money into it infinitely, leaving only a small amount of money on themselves."

"In this way, the people look rich, but in fact they have the same money in their hands as before."

"Naturally, prices will not rise."

Xia Yuanji spoke eloquently, clearly organized, and logical.

And his remarks about the 'hole' made Zhu Yunxi even more startled.

Isn't this the theory of the 'reservoir' of later generations?

Later generations are also frantically printing money, and money is increasing, but the rise in prices has always maintained a stable trend.

The money also did not depreciate significantly.

The reason for this is that everyone has poured money into the 'reservoir'!

The money in everyone's hands is not really that much at all!

But Xia Yuanji still had some limitations after all, and he didn't see the fundamental point - the material materials of the Ming Dynasty were not rich enough!

No matter what means are used, prices will rise and paper money will depreciate!

But fortunately, Zhu Yunxi already had the means to deal with it......

"What Xia Yuanji said is not bad, let's follow the plan of one billion!"

"From now on, a new issue of treasury bonds will be issued!"

Although Yu Xin was still worried in his heart, since Zhu Yunxi had already decided, and what Xia Yuanji said was also very reasonable, he did not oppose it.

Instead, they began to issue a new issue of government bonds.

Soon.

In the middle of the Jingshi, the news of an explosion spread.

The imperial court is about to issue a new issue of treasury bonds!

When the people of Beijing heard this, they were as crazy as sharks that had seen blood!

Who doesn't know? Now the new army of the Ming Dynasty is extremely strong, and a few hundred people have defeated tens of thousands of Japanese invaders!

And now the navy of the Ming Dynasty has gone to the Wa Kingdom.

When you conquer the Wa Kingdom and occupy places like Iwami Silver Mountain, tens of millions of silver will be sent back to the Ming Dynasty every year!

The ability of the Ming court to repay debts is completely trustworthy!

Now buying Treasury bonds, what is the difference between this and giving money?

It's completely guaranteed!

Moreover, the donation boom has not yet passed, and the purchase of treasury bonds at this time is equivalent to contributing to land reform!

For a while, the people of Jingshi went completely crazy!

In the place where the treasury bonds are purchased, there are already long queues before dawn!

Subscribe!

Money poured into the treasury like water!

(End of chapter)