Winter goes to spring, and everything recovers.

In early February, merchant ships went to sea.

The imperial court opened the sea trade again, and dozens of large ships set sail to Japan.

In the past, the marine industry that Zhu Di's ancestors and grandchildren devoted to for three generations once again appeared on the stage of history after nearly ten years of silence.

Li Qing was pleased, Zhu Qizhen was delighted, and the ministers were heartbroken.

After all, the market is limited, and the absence of a Japanese country is a lack of a financial road for the gentry.

In May, the Luchuan Rebellion subsided, and the army was divided.

Zhu Qizhen rewarded the three armies, and spent a large amount of silver.

The treasury of silver is almost exhausted, and the huge Ming treasury has less than one million taels of silver, which is really shabby.

However, for Zhu Qizhen, this is not a big problem.

He also has a killer feature.

- Daming treasure banknotes!

So, Zhu Qizhen began to print.

Li Qing's efforts to protect the credit of the Daming Treasure Banknote did not meet his expectations after all, and the purchasing power of the Daming Treasure Banknote continued to decline.

As it turns out, the decline in the purchasing power of treasure money is not all bad.

The depreciation of treasure banknotes stimulated consumption, and at the same time, it also increased the frequency of use of treasure banknotes.

Hoarding silver money has become the consensus of almost everyone.

Because with the depreciation of the treasure banknotes, the exchange rate between silver and treasure banknotes is getting higher and higher, hoarding silver can appreciate in value, and treasure banknotes ...... It will only depreciate.

The high frequency of buying and selling has greatly prospered the economy.

Daming's GDP has risen rapidly, and under this trend, various industries have flourished, creating many elite industries.

Blessings and misfortunes, under prosperity, there are also hidden banes.

If this goes on for a long time, sooner or later the Ming treasure banknotes will be abandoned by the people.

A large number of money printed by the imperial court, the final harvest is the wealth of the people, until one day, the people completely lose trust in the Ming treasure banknotes, the consequences of which are almost unbearable.

The market can best reflect the survival of the fittest, this point, non-human power can be influenced, don't say Zhu Qizhen, even if Zhu Yuanzhang comes, he can't control it.

In fact, what Li Qing didn't know was that the depreciation rate of the Daming treasure banknotes in history was much greater than at this time.

In the eighth year of Hongwu, the banknote = one tael of silver = one thousand copper coins.

Hongwu twenty-three years, consistent banknotes = two hundred and fifty wen.

In the twenty-seventh year of Hongwu, the consistent banknote = one hundred and sixty wen.

……

Thirteen years of orthodoxy, consistent banknotes = two pennies.

During the Chenghua years, the banknotes were worthless.

Because of him, Zhu Yuanzhang did not print money without brains, Zhu Di also printed money in moderation, and the same was true of the little fat father and son, plus the opening up of maritime trade, which greatly alleviated the depreciation rate of treasure money.

But if it is not remedied in time, it will be worthless sooner or later.

Lao Zhu's family doesn't understand the economy, but Li Qing still knows that the currency has lost its credit, and the blow to the economy is devastating.

It must be saved, at least until a large amount of silver does not flow into the Ming Dynasty and silver cannot bear the economy, and the Ming treasure money cannot fall.

Otherwise, this prosperity will collapse in an instant.

Qianqing Palace.

Li Qingbalabala's detailed description of the benefits and disadvantages, Zhu Qizhen heard it in a fog.

"As serious as you say?"

"Of course." Li Qing said seriously, "Your Majesty, do you think that if everyone recognizes the currency traded, will there still be trading?"

Without buying and selling, the people barter, and the economic circulation will fall off a cliff, which is inevitable. Li Qingdao said, "Money was invented to facilitate transactions, for example, when people go to the city to buy things, they can use currency before, and when the currency is gone, they can only use food.

However, the grain could not be stored for a long time, and the merchants could not eat so much, and they could not guarantee that they would be able to sell after receiving it.

In order to ensure that he makes a steady profit and does not lose money, he can only sit on the ground and start the price. ”

"Isn't there still silver?" Zhu Qizhen said.

"That's the problem." Li Qing sighed, "Now that the Ming economy is prosperous, silver is not enough at all, and the only possibility is that the economy will fall back to the same size as silver, but in that case, the Ming Dynasty will no longer be prosperous." ”

Zhu Qizhen still felt that Li Qing was alarmist, and said, "If I force the people to use treasure money? ”

The old Zhu family really doesn't understand economics...... Li Qing was a little tired, so he had to take out the same way he used to persuade Zhu Yuanzhang.

"Suppose Daming has five oranges......"

A quarter of an hour later, Zhu Qizhen believed.

"What then?" Zhu Qizhen said, "Now that the treasury has no money, how can you build a ship without printing treasure money, how to do business, and how to maintain the operation of the Ming Dynasty?" ”

Li Qing sighed helplessly: "Let's print it first, but after this time, we have to stop, and at the same time, rescue the treasure money." ”

"What do you mean?"

"It means that until you have stockpiled enough silver, you can't let the treasure money lose its credit." Li Qing said.

"How can I save it?" Regarding this, Zhu Qizhen has no clue.

I can't blame him, God is pitiful, he really hasn't learned this!

Zhu Qizhen studied economics and history, the emperor's mental skills, power checks and balances, and has nothing to do with finance.

Li Qing asked: "How much banknotes can one tael of silver be exchanged for now?" ”

"At the beginning of the year, it was about 12 times, and now... It may have to go up and down fifteen. Zhu Qizhen sneered.

"Then you will die, and one tael of silver will be exchanged for fifteen yuan."

"That's it?" Zhu Qizhen was a little incredible.

Li Qing smiled bitterly and shook his head: "Of course not, this is just the first step, first limit the exchange rate between silver and treasure banknotes." ”

"What's next?"

"Mint copper coins." Li Qingdao, "Between silver and treasure money, set up another insurance to combine treasure money and copper money to strengthen the position;

Japan not only has more gold and silver mines, but also more copper mines, and minted copper coins in large batches, which strengthens the relationship between treasure money and copper money, while weakening the connection between treasure money and silver, which helps treasure money to live longer. ”

Zhu Qizhen was puzzled, "What's the point of doing this?" There's more money, huh? ”

"Copper coins can't be spent directly, so let the people exchange them for free with treasure money." Li Qing explained: "Switching from one currency to two can effectively alleviate market pressure. ”

Zhu Qizhen is not thorough, but he is instinctively convinced of Li Qing's discussion.

"We also have copper mines in Daming, and I will order people to mine vigorously and continue to explore." Zhu Qizhen said, "But these are not the most important, now that the turmoil has subsided, we have to prepare for going to the West as soon as possible." ”

Zhu Qizhen said: "The weaving bureau and the porcelain kiln have been stagnant for many years, and the top priority is to operate first. ”

"The emperor is wise." Li Qing nodded, "Da Ming's hoarding of enough silver is the best way to resist risks." ”

Zhu Qizhen rubbed his swollen head and said: "If the imperial court wants to go to the West, it has to build ships, and the ministers are not fools, they must be able to see it, Mr. thinks, how will they deal with it this time?" ”

Li Qing thought for a while, and suddenly his face changed: "It's not good, the route map of Sanbao to the West, they are likely to have been secretly destroyed, Your Majesty, you should immediately ask people to check, if there is no route map, there will be a lot of detours." ”

"Don't worry, this gentleman, I have thought of this a long time ago, and I found it back three years ago and made a backup." Zhu Qizhen said with a smile.

Li Qing breathed a long sigh of relief and said with a smile: "Then they won't be able to make waves." ”

After all, even the turmoil has been suppressed, what else can they do is nothing more than chaos again.

But with a lesson, if they try to do the same, the effect will be much worse than before.

In this battle, the court fought domineering and showed strength.

If they want to find something to do, they will have to weigh it, and the cost of making trouble will increase by a large margin.

Therefore, as long as it is steady and steady, it is only a matter of time before the ministers are suppressed.

Li Qing thought about it for a long time, but he couldn't think of any other means for the ministers, so he said:

"Your Majesty, as long as you don't give them a chance, they won't be able to win."

"What do you mean by giving a chance?" Zhu Qizhen asked.

"Don't leave the center." Li Qing said seriously, "As long as you stay in the palace all the time, with Jinyiwei and Dongchang here, they can't help you, but if you run out, in this situation, they may really be able to yin you." ”óΠъ.oяＧ

Zhu Qizhen nodded slightly, and said with a wry smile: "I am really aggrieved as an emperor, I can't even go out of my house, and I can't do it to inspect thousands of miles of rivers and mountains, alas, ......!" ”

"The emperor is still young, and he has time." Li Qing comforted, "One day, the emperor can make them completely surrender, at that time, who can stop the emperor?" ”

"Haha...... Well said! Zhu Qizhen slapped the table, spit out a breath of depression, and hummed: "Let's see later!" ”

After calming down, Zhu Qizhen smiled happily: "Mr. is talented, I ...... I'll give you another important errand. ”

Li Qing: ?

Do you call this a reward?