The issuance of banknotes is quite risky, the first is a new thing, and the people do not immediately agree with it; The second is that there must be counterfeiting, especially when enemy countries use counterfeit money to disrupt their own financial system. The most direct example is the gold coupons issued by a certain party, and the final result is known to everyone.

Yu Le knew that Jiaozi appeared during the Song Dynasty, and the original Jiaozi was actually a deposit certificate, and then gradually possessed the characteristics of credit currency and became a real paper money, and the paper used was 楮 paper. Yu Le knew that if gold, silver, and copper could not be directly abolished as currency, it would cause panic among the people, and all new things would be born in a period of cultivation, so he couldn't ......

"Fighting for the Song Dynasty" Volume 3 Internal Governance Chapter 99 Governing (51) Finance (Paper Money) is in the middle of the hand, please wait a moment,

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