Chapter 1165 Currency Battlefield
No matter how much money you have, you can't satisfy the fat man.
This is like no matter how little gray is, it will make Zhu Lizhi feel uncomfortable all over.
This is an interest!
It's also a hobby!
The fat man makes mosquitoes small, and he is still fleshy. He has really brought it to the extreme.
But this really made Guo Dan very angry. If he added money because of a portrait, the coin workshop would sooner or later go bankrupt.
He really hopes that the fat man will wipe the currency here and then collapse on the bed with exhaustion, so that he will not think so carefully.
But this made him very sorry!
The fat man was just rippling in the treasury, happy and happy. After staying for a whole day, he ordered and counted again and again, but he did not take out his golden silk squid and wiped the coins here one by one.
Of course, the fat man's trip was not only a rippling experience, satisfying his hobbies, but also understanding the situation of the coin workshop and formally approving the issuance of this currency with his avatar.
This specific operation and execution is naturally the responsibility of Guo Dan. The fat man mainly enjoys the fun of having a lot of money, and Guo Dan is responsible for making money.
The two are really a perfect match.
After this trip, the fat man planned to take a few days off to take a good look at the newly bought clothes of the imperial concubine.
Guo Dan finally breathed a sigh of relief, but in fact his work had just begun, but this was what he loved. In comparison, he was unwilling to deal with those short-sighted ministers.
Yinuoya!
"If Guo Dan only plans to release 30 million taels, we don't need to release currency ourselves. The orders we have received recently have exceeded 30 million taels. If we release currency, wouldn't it be too much?" Cao Xiaodong said in confusion.
Guo Tan smiled and said, "This is not throwing a stone into the river. You can hear 30 million sounds for 30 million taels. I have mentioned to you more than once that money is money that needs to be spent. If you can't spend it, it's worthless. It's hard for us to instruct them to spend it."
Cao Xiaodong nodded slightly.
Chen Chen asked, "I wonder where the son-in-law plans to use this money to buy food?"
Guo Dan said: "This is what I want to talk to you about how to use this money to purchase grain. It's very simple. In line with the court's new urban area plan, the court decided to carry out the new urban area plan there, and we will purchase grain wherever we will."
Chen Chen blinked and said, "I understand that the imperial court will definitely require many people to go to the new urban area. As long as we purchase grain, the local landlords will inevitably terminate the contract with their tenant farmers, take back all the farmland, and then hire people to farm, so that those tenant farmers can go to the new urban area to work."
Guo Tan smiled and said, "No, not bad, it seems that you are really Zhang Jin a lot."
Chen Chen laughed and said, "This is all learned from his son-in-law."
Cao Xiaodong suddenly said: "But if we do this, more self-cultivated farmers will choose to farm instead of going to the city to work."
When they purchase grain on a large scale, the price of grain will definitely rise. When the price of grain exceeds the profit of tenants, the landlords will inevitably choose to hire farmers, but the self-cultivated farmers will also choose to stay in the countryside to continue farming.
Guo Dan nodded and said, "You are right, but the court may not have that great ability to attract all the people to the Xincheng District. This matter must be done step by step, and all the tenants will be drawn out first. As for those self-cultivated farmers, each of them does not have much land. Once the income from working is better than that of farming, they will naturally come to the city to work. The self-cultivated farmers are left behind, which will also be our control."
This is actually the difference between the Ming Dynasty and the British. The British lacks labor force, while the Ming Dynasty really does not lack it. It does not require large-scale land enclosures, sheep eat people, and it can even be said that capitalists do not have that much money to hire so many people.
In order to balance the workers and peasants, Guo Dan also had to retain self-cultivated farmers and use market demand to attract farmers to the city instead of relying on violence. If there is no such demand, if you force people into it, these people will be burdened!
Guo Dan said again: "In addition, this time we mainly have the opposite group, the landlord class. We want to purchase grain from them on a large scale, and give it to them about grain production, but we must firmly control the sales of grain. Simply put, we want to be their biggest and only customers. My standard is that without our nodding in the future, they can't even sell a grain of rice. If the price of grain cannot be stable, what else can we talk about production? I will never allow anyone to speculate on high grain prices and housing prices under my nose. This step cannot be lost."
"We got it."
Chenchen, Cao Xiaodong said in unison.
Now they have no pressure on this request. They already have enough power to fight against the landlords in the world, mainly to make them available overseas food.
Cao Xiaodong suddenly said: "By the way, Brother Guo, news came from Fuzhou that the price of gold has suddenly risen recently."
Guo Dan couldn't help frowning and said, "How many?"
Cao Xiaodong said: "The price we gave was 350, which was about 10 taels and 50 cents, but now it has risen to 1 to 12 overseas. In comparison, we have no advantage."
This gold-silver price comparison is also a currency problem in the Ming Dynasty. Before that, the gold-silver price comparison was 1 to 8 in the Ming Dynasty, and Western merchants used 1 to 1 to 10 in acquisitions, causing a large amount of gold flow to the West. You should know that the Ming Dynasty did not produce gold land yet, Guo Dan later gave a floating exchange rate, 1 to 35 promise.
"twelve?"
Guo Dan frowned and thought to himself, could the discovery of large silver mines in the Americas lead to a further increase in the gold-silver ratio in the West?
Regarding currency, he dare not be careless. Gold is obviously a better currency. The reason is that there are fewer gold mines than silver mines, which leads to relatively stable prices. There are too many silver mines, which are very easy to cause inflation.
Guo Dan gave this floating exchange rate, which actually leaves a hole for the gold standard, but if it is twelve, it has reached a critical point, and it is very unprofitable to rise further.
"When did it rise? Did it rise slowly or suddenly rise?" Guo Dan asked suddenly.
Cao Xiaodongdao: "It suddenly rose at the end of last year."
It must be someone who manipulated it later, either the Western gold and silver ratio rose further, or... Guo Dan suddenly asked: "When did the Franjiman go to Fuzhou to inquire about the ship purchase transaction?"
Chen Chen thought to himself: "It seems to be the end of last year."
Could it be that this time the Spanish ships are all gold, not silver. They want to speculate on the price of gold first and then trade with us with high prices? Guo Tan asked: "Do we have news about the Franco-sized man carrying silver ships?"
Chen Chen shook his head and said, "I haven't heard of it."
It's really uncomfortable to control the gold and silver in the other party's hands! Guo Dan frowned and thought to himself, I must not let them lead the nose. In that case, I will be killed by them. If this is the case, they will probably be able to make a profit of 100,000 taels while selling. Then I have a big profit.
Thinking of this, he said with a heart of mind: "Put out 500,000 taels of gold, and after all of it is released, adjust the floating gold coins to the thirty-four promise."
Chen Chen said, "Son-in-law, we only have one million taels of gold, which is still something we can't get over the years."
Guo smiled and said, "It's just hundreds of thousands of taels of gold, not more or less, and it's useless to keep it in your hands. It's better to take it out and play with them. If you have the ability, they will spend 200 million taels of silver in it. Otherwise, I won't be afraid of them."
Chen Chen said, "I understand."
Guo Dan asked again: "What is the situation in Bozhou's banknotes now?"
"Son-in-law, please wait a moment."
Chen Chen immediately stood up, found a piece of information from the cabinet, and handed it to Guo Dan and said: "This is Xinxing's recent statistics, which are the banknote transactions in Bozhou last year."
Cao Xiaodongdao: "During the Korean War, the transaction volume of Bozhou paper currency increased significantly, exceeding five million taels at one point, but immediately fell back to four million taels. Although there was a steady increase afterwards, it was not much."
During the Korean War, Bozhou was the second biggest beneficiary. Because of the previous Jiangxi Rebellion, Bozhou's goods could not be transported and a large amount of goods were hoarded. Then, all the goods hoarded were sold out through the Korean War.
Guo Dan listened while looking at the information, saying, "Is the reason for the growth because of Yunnan?"
Cao Xiaodong nodded and said, "Yes, Bozhou is relatively close to Yunnan, and now Yunnan is also under our control, so the trade between the two places has increased."
Guo Dan asked again: "Can there be transaction data between Bozhou and Yunnan?"
"some!"
Chen Chen immediately took out another copy of data and handed it to Guo Dan.
Guo Dan looked carefully for a while and said, "The temperature is almost the same. Let the money house prepare. I want to include Yunnan in the banknote area. In addition, Dongwu, Siam, Jiaozhi and other areas are also under the planning. This time we plan for a longer-term plan."
Chen Chen was stunned and said, "Son-in-law, Jiaozhi, Siam and other places are not my Ming Dynasty. Why do we issue paper money there!"
Guo Tan smiled: "We are their biggest buyers and their biggest sellers. The currency we recognize is their real currency. In addition, now that the trade has grown there, there must be a shortage of currency. However, we still need to discuss how to operate it carefully. We cannot throw it into it with paper money, so they will be afraid. We have to rely on border trade to let them use our paper money subtly, and at the same time, using this wave of selling gold, cut off their source of silver and make them further lack of currency."
Regarding monetary policy, Guo Dan actually does not have a clear route, whether to maintain the silver standard, or move towards the gold standard, or even directly cross the gold standard and issue credit.
He has left a hole.
It depends on how the situation changes in the future.
Although facts have proved that credit currency is the final solution, it is also related to the system. Now the Ming Dynasty is full of words and has a high degree of centralization and issuing credit currency, which is very risky.
The risk of maintaining the silver standard lies in the increase in overseas silver mines. If the increase rate is higher than the speed of the Ming Dynasty's economic development and at the same time it depreciates on a large scale overseas, the situation is also very dangerous.
After all, Guo Dan’s policy is not to be closed to the country, but to relied on both hands to entertain himself, but to pursue multi-person sports.
If the gold standard is not in hand, it is too far away to talk about it.
In other words, credit currency is a double-edged sword, and the chance of stabbing oneself is far better than the chance of stabbing others to death. The gold and silver standard, at present, is to put your life in the hands of others.
But Guo Dan believes that the decisive factor is actually productivity.
If the Ming Dynasty was the largest market and had advanced productivity, which was the largest import and export place, then Guo Dan could calmly choose the monetary policy that was most beneficial to him.
Chapter completed!