"Get down to business."

"How to establish a monetary system that belongs to our Ming Dynasty?"

Seeing that Zhu Biao and Xiao Han were both looking at Queen Ma in unison, Zhu Yuanzhang hurriedly coughed twice.

Although Zhu Yuanzhang's face is still calm, he has begun to complain about his sister in his heart.

After all, if you don't mention this matter that you said you were good, how can you pull it out again now, and bring up the old things again, how can Zhu Yuanzhang be strong in his heart?

However, Zhu Yuanzhang complained in his heart at most, and he didn't dare to talk about it, after all, Queen Ma did it, it was definitely not a fake trick, and she was ruthless.

As for why?

Then you still have to blame Xiao Han for turning the word hooligan into a derogatory term among derogatory terms, which is even more unsightly!

Because, the original hooligans, in fact, have to be separated.

Flow: The landless is the flow, which means that the dynasty is at the moment, the family first and then the country, and the homeless is the country, especially in ancient times, agriculture is the foundation, and food is the first major productive force, that there is no land, it is equivalent to no use for the country, and it is naturally "flow".

Hooligans: To put it simply, not only do you not have acres of land, but you also have no house and the ability to survive, then you are a "hooligan".

Therefore, the combination of these two is the so-called ancient hooligans.

But, in the first place, this word was already very unfriendly, but Xiao Han made these two words worse, and now when you go out to flirt with a woman from a good family, you will be named a hooligan.

Then do you think Lao Zhu can be happy?

Definitely not.

After all, Lao Zhu felt that although he was lustful, he was never a hooligan.

Queen Ma pursed her lips slightly, but she no longer paid attention to Zhu Yuanzhang.

"Your Majesty, Weichen found a very embarrassing fact in the ancient scrolls of all dynasties."

"When the emperor began to make copper coins of higher purity, the choice of the people was to collect a large number of copper coins, and then melt them and refine them again to make a profit."

"But when the emperor began to make copper coins with low purity, because of this copper coin, it appeared to be shoddy and easy to counterfeit, and the people chose to refuse to circulate."

"Moreover, the most critical point is that the mining of copper ore is difficult, coupled with the increase in population and the rapid development of the economy, which will make copper coins seriously insufficient."

Xiao Han first looked at Zhu Yuanzhang and bowed his hand slightly.

"Hmm."

Zhu Yuanzhang sighed softly, but nodded helplessly.

This is a fact in the first place, or a fact that is not a little controversial.

The world's copper ore is not only scarce, but also difficult to mine.

But the role of copper in the world is extremely extensive, in addition to the currency traded, it also plays a very important role in the world.

Moreover, it is not only copper, but also gold and silver, which are scarce and rare.

"Therefore, gold, silver and copper cannot be used as the main trading currency, but must be recast as a currency belonging to the Ming Dynasty to replace gold, silver and copper."

Xiao Han turned his head to look at Zhu Yuanzhang and said again.

"Reinventing the currency..."

Zhu Yuanzhang's eyes flashed with a hint of emotion.

"You want to talk about the Jiaozi of the Northern Song Dynasty, right?"

Compared with Zhu Yuanzhang's intentions, Zhu Biao frowned directly and said: "But historical records have proved that the birth of Jiaozi is only a flash in the pan and cannot be taken seriously." ”

"You're right, but you're not entirely right."

Xiao Han shook his head.

The birth of banknotes is the inevitable development of the times!

Jiaozi was born in the Sichuan region of the Northern Song Dynasty, just because, in the ancient Sichuan region, due to the occlusion of the geographical environment, the circulation of coins was inconvenient.

As a result, wealthy businessmen created a kind of banknote that could be circulated on behalf of "precious metals" - Jiaozi.

Originally, these jiaozi were not officially recognized by the Northern Song Dynasty, but were created by wealthy private merchants, who agreed to use uniform paper, layout, and patterns for trade.

However, it didn't take long for the Northern Song Dynasty to set up Yizhou Jiaozi in Yizhou, and issued Jiaozi worth 1.25 million guan for the first time.

Subsequently, this event is credited with creating the history of world paper money.

Moreover, for Jiaozi, in order to prevent inflation and for various reasons, the Northern Song Dynasty set up another 360,000 pieces of iron money as a reserve to ensure its stable value.

So why, Jiaozi is still coming to the end of the era?

Because of two points, first, there is an imbalance in the exchange ratio of the old and new jiaozi, which is due to the abuse of public credibility by the Northern Song Dynasty and the excessive issuance of jiaozi, resulting in a growing gap between the value of jiaozi and the actual reserves.

Secondly, Kou Ying, the governor of Yizhou, mistakenly believed that Jiaozi was the source of economic risks and civil unrest, so after he took office, he decisively decided to abolish Jiaozi, close Jiaozipu, and restore the use of iron money. Together, these two factors led to the demise of Jiaozi.

Therefore, this can only be attributed to the improper management of the upper level, and it does not mean that Jiaozi itself has problems.

After all, after the Northern Song Dynasty, the emperors of the Yuan Dynasty also understood the benefits of issuing paper money, and the paper money of the Yuan Dynasty was called "banknote".

Moreover, for most of the Yuan Dynasty, copper coins were not minted, and the use of copper coins of the previous generation was forbidden, so the banknotes became the only universal legal tender.

But the emperor of the Yuan Dynasty couldn't play with paper money, and he was a little restrained at first, but then he messed around and printed it casually, making the "banknotes" of the Yuan Dynasty soon become waste paper.

When Xiao Han thought of this, he glanced at Zhu Yuanzhang again, compared to the emperor of the Yuan Dynasty, Zhu Yuanzhang played the most flowery, and on the basis of "banknote", he added a "treasure", which is the well-known Daming treasure banknote in the later world.

It's just that Lao Zhu is worthy of his surname, and he is also worthy of his identity as a "hooligan", that food is terrifying compared to the Yuan Dynasty, on the one hand, the unrestrained printing of treasure money, on the other hand, it is stipulated that when the people pay taxes, the use of treasure money cannot exceed thirty percent, and the other seventy percent can only be paid in kind or silver.

Isn't this thing just naked only printing money and not recycling, so the depreciation of paper money in the Ming Dynasty was faster than that of the Yuan Dynasty, and it couldn't catch up with a piece of waste paper.

Moreover, in order to ensure the issuance and circulation of Daming treasure banknotes, Zhu Yuanzhang not only banned the circulation of gold and silver among the people, but also paid taxes, and completely stopped the manufacture of copper coins.

Therefore, the Daming treasure banknote has become waste paper, and copper coins are not issued, so the people spontaneously use gold and silver as the currency in circulation.

After the Ming Dynasty, because of a series of operations by our Lao Zhu, the people gradually spontaneously used broken silver as the main circulating currency.

Xiao Han's eyes flashed a touch of helplessness, due to the limited mining technology in ancient times, Huaxia is not only short of copper, but also short of silver, so the supply of silver mainly depends on the inflow of foreign trade.

However, a large amount of silver poured into the Ming Dynasty like a tide, and then a large number of commodities poured out, resulting in the middle of the Ming Dynasty, some scholars estimated that the amount of silver in the Ming Dynasty at that time was the first in the world.

But this is a massive amount of commodities, in exchange for a bunch of silver that cannot be eaten or drunk, the total amount of commodities is decreasing, but the currency is increasing, which has led to the private economy, which has been in a state of inflation.

Regarding this point, Xiao Han remembers very clearly that in the sixth year of the Ming Dynasty's Apocalypse, one tael of silver could buy a load of grain.

And these fundamental reasons are because in the Hongwu period, the imperial court has lost the right to mint money and passively accepted silver as the main currency, so the economic system of the Ming Dynasty completely collapsed.