Morning court.

This is the first time Jiang Xia feels a little tired when he goes to the morning court. There is no reason. He did have a bit of excessive indulgence last night.

Some people are envious or inferior, so they won’t mention how indulgent Jiang Xia was yesterday. Just emphasize one thing, Jiang Xia did not encounter Wu Tuya in the end.

It’s not that Jiang Xia doesn’t want to, nor that Wu Tuya doesn’t want to.

But Utuya's identity is extraordinary.

As the princess of the Tatar, it might not be fine if she married a civilian from the Ming Dynasty. At most, it would make the Tatars sigh and make the scholars of the Ming Dynasty write a good story.

But if the Tatar princess married the priest of the Ming Dynasty, it would be not just a private event, but an event between countries.

This matter must be handled well. Once handled well, the friendship between the two countries will be stronger.

If the handling is not done well, the diplomatic relations between the two countries may enter freezing point.

Of course, it is not the time to think about this matter. After all, what is needed is a long-term plan.

He has become the priest, so Jiang Xia’s position in the morning court is a little different. His position is only under the four sides, closest to the throne.

However, although the location was, Jiang Xia did not sit, but chose to stand.

When the ministers finished their memorials, everyone looked at Jiang Xia. Everyone wanted to see what the first thing Jiang Xia, who had just ascended to the position of priest, had to do.

Jiang Xia glanced at everyone and looked at Yang Yiqing first, "Mr. Yang, Minister of Revenue."

Yang Yiqing immediately stood up and saluted, "The emperor is here."

Jiang Xia asked: "What is the current proportion of Daming Baochao?"

The Ming Dynasty Baochao? All the civil and military officials were extremely surprised, but they secretly breathed a sigh of relief.

This Ming Dynasty treasure banknote is basically no longer available in the Ming Dynasty. Even if there are some among the people, it is because it is squeezed in their hands and no one is willing to take the risk of exchanging it.

In the current Ming Dynasty, the currency that is generally copper coins and silver.

In fact, in theory, paper money is easy to carry and should be easier to pass. Why did paper money issued in all dynasties eventually become like waste paper?

For example, Jiaozi of the Song Dynasty, and Baochao of the Ming Dynasty today.

In fact, it is very simple. There are about three reasons to summarize. One is that it only issues but not collects, causing inflation and the collapse of the currency reputation system. The other is that it is not easy to preserve. After all, it is paper and will always break down after being stored for a long time. The third is that the interest rate of the exchange rate is unstable, which eventually depreciates to the point of like waste paper.

Now Jiang Xia took the initiative to ask about the Ming Dynasty treasures, which proves that Jiang Xia is not prepared to start governing the government or land first.

After all, once the administration is rectified, I don’t know how many officials will suffer. How many officials, regardless of ancient and modern times, can stand the investigation?

Someone once said that the current officials said that they were pulled out and killed one after another, which would definitely be unfair. But if they were pulled out and killed one at a time, there would definitely be many fish that were missing the net.

So Jiangxia was not busy rectifying the administration first, and everyone was very happy.

Then the land.

For ancient and modern times, land is actually the most important wealth. Especially in ancient times, when three acres of fertile land were enough to pass on the family, the importance of land far exceeds that of ordinary people.

Ordinary people understand that if you have money, you should buy land as soon as possible. Are these officials still unclear? So if Jiang Xia starts to govern from the land, many officials will probably suffer.

Now Jiang Xia asked Daming Baochao from the beginning. To be honest, the favorable feelings of civil and military officials in the court towards Jiang Xia have increased a lot.

Because all the officials in power in the past dynasties did not start with the government, land and taxation? There is no reason, just because these three are the most likely to achieve political achievements and the quickest results.

After the government investigation, the wealth of corrupt officials' life was investigated, and the treasury would become full in no time. Once the land and taxes were changed, the silver would also roll in.

Yang Yiqing glanced at Jiang Xia and replied: "Report to the Lord, the Daming Baochao is no longer issued now, and the people are communicating with each other, about fifteen to one."

"Fifteen to one?" Jiang Xia nodded. In fact, he knew this data.

The fifteen-cent-money Daming Baochao can only be exchanged for one-cent-money copper coins. However, few people are willing to exchange such a rate of exchange.

Of course, if the exchange rate is lower than the fifteen-to-one rate, the person holding the Daming Baochao will not be willing to exchange it, because it has no meaning to exchange it.

After thinking for a while, Jiang Xia nodded: "Okay, nothing is wrong. If you have nothing to do, then let's stop today's court discussion."

"Yes!" the officials responded.

Then Jiang Xia turned around and looked at Zhu Zaijiang.

The eunuch beside Zhu Zaijiang shouted loudly: "Retreat the court!"

"I wish to send you to the emperor, long live my emperor"

Although Jiang Xia just asked the Daming Baochao in front of all the officials and did not say much, the officials did not think there was any problem, but instead thought Jiang Xia was very kind.

A major policy measure naturally cannot be implemented by Jiang Xia with a slap in his head, but it can only be implemented after repeated discussions, demonstrations, and approval by all parties and departments.

Jiang Xia deliberately asked Yang Yiqing in court, but in fact he was sending letters to all civil and military officials in court, telling them that he was preparing for the next step to make a fuss with the Ming Dynasty treasure money, so that they would be mentally prepared again.

Which of the people who can stand in the Hall of Supreme Harmony is not a human spirit? Jiang Xia naturally understood that such a clear hint.

After the officials retreated, Jiang Xia and the other six had to accompany Zhu Zaijiang to the Qianqing Palace to discuss matters as usual.

In fact, the program is no different from the previous ones. It’s just that Jiang Xia’s chair has become wider and more gorgeous, and at the same time it is placed under Zhu Zaijiang’s dragon case, in the middle of the main hall of Qianqing Palace.

Sitting on the left side of this were Li Dongyang and Yang Yiqing, and on the right side were Yang Tinghe, Wang Qiong and Xia Yuanming.

Everyone first quickly made up the things that they could not make during the morning court just now, and then waited for Jiang Xia to take the initiative to mention the Daming Baochao.

Sure enough, after the memorial review and decision was completed, Jiang Xia said, "Everyone, I am going to reissue the Daming Baochao. I wonder what you think?"

"The Ming Dynasty treasure banknote has been abolished. The Lord has mentioned this matter again and intends to reopen it, but there is a good idea?" Yang Tinghe asked, surprisingly without objection.

Before Jiang Xia could nod, Yang Yiqing objected first: "I don't understand why this matter is necessary. This Ming Baochao is no different from waste paper in the hearts of the people. No one will use it if it is reopened. What's the use of opening it?"

Jiang Xia shook her head and said, "I don't think so."

"First of all, my plan is to recycle all the folk Daming Baobao money with the rate of ten to one and destroy it. Then reprint and issue the new Daming Baobao money.

The new Daming Baochao will be opened in county governments across the country to facilitate the redeem of Daming Baochao.

The Daming Baochao does not have any large denominations, and for the time being, only one hundred, fifty, twenty, ten, five, and sixteen denominations are temporarily set, which is convenient for circulation.

Then the law was promulgated, and any treasure banknotes in the Ming Dynasty would be permanently implemented in the Ming Dynasty. The local semicolons must accept the exchange of treasure banknotes at any time."

"Then what's the point of doing this?" Yang Yiqing asked.

"Add a new economic system to make the country prosperous and strong. Once the Daming Baochao starts to circulate normally, the country can continuously print the Daming Baochao, and the country will not have a state of empty treasury.

Maybe you will say that too much treasure money will cause the treasure money to depreciate. Then I admit that this is certain. So in order to alleviate the depreciation of treasure money, we have to sell treasure money to the outside world.

I am planning to wait until the Daming Baochao officially begins circulation, and start trading in the northwest border and coastal coast of Fujian at the same time. At that time, the main currency of trade must be regulated by us as Baochao, so that Baochao will be sold to foreigners. In this way, Baochao will not depreciate, and there is only the possibility of appreciation."

As soon as Jiang Xia finished speaking, everyone was silent. In fact, there was a lot of what he said, and the five people here couldn't quite understand.

After all, they have not experienced a mature and systematic financial system, so they have not completed the concept of system what Jiang Xia said.

After being silent for a while, Yang Tinghe said, "To be honest, there are some questions that the lords don't fully understand, but the lords think it's feasible.

Anyway, since the adults have considered it properly, we will try it boldly first. During the implementation process, if any problems arise, they will be corrected immediately. If it is proven later that this matter cannot be implemented, it will be abolished again and will not have much impact."

"What has no effect?" Yang Yiqing frowned and said, "The Chief Minister is not unclear. How much money will the people lose if they abolish the Ming Dynasty treasure banknotes? A large number of treasure banknotes are held in their hands and they look like they turn into waste paper. Isn't this an impact?"

"Well, Lord Yang taught me a lesson that the officials have met in the past." Yang Tinghe said.

Yang Yiqing couldn't help but look at Yang Tinghe in surprise, thinking that this is still the same Yang Tinghe? Why did he suddenly become a "sensory insect" and "nod dog"?

Yang Yiqing didn't want to say anything to Yang Tinghe anymore, so he said to Jiang Xia directly: "Give me a truth, are you sure about this?"

Everyone knows the relationship between Yang Yiqing and Jiang Xia, so Yang Yiqing talks to Jiang Xia more casually, and no one will think there is anything.

Jiang Xia nodded and said, "I'm sure."

After hearing this, Yang Yiqing pondered for a while, nodded and said, "Okay, you have never failed in anything you do. Since you say you are sure, let's do it."

Change an economic system and promote banknote transactions.

In fact, Jiang Xia understood that there were many difficulties and many challenges to face. But Jiang Xia had to start from here.

Today's Ming Dynasty is like a gorgeous house made of blocks of building blocks. Some of the building blocks begin to rot and grow worms. If they are not pulled out, it will affect other building blocks until the entire house collapses in the end.

But if you draw the largest and most rotten building block, the whole house will easily collapse.

So Jiang Xia can only carefully draw out a block that has little influence, and after finishing the block again, put it back and replace it with another block.

In this way, when all the building blocks are stable, the largest building block can be moved.

If we want to reform the current situation of the Ming Dynasty, we will definitely not be able to rectify the administration of officials as soon as we come to power, arrest and kill people, and confiscate and exterminate family members.

This will either force people to rebel or be disunited from all officials.

With Jiang Xia alone, all officials can't do anything against him.

So the best way is to let everyone eat candy after him first, and then kill those people who only eat candy but don’t do things and are hated by everyone.

Then slowly kill those people who keep robbing others of their candy and attracting everyone to hate. In this way, Jiang Xia's goal was achieved quietly.

Daming Baochao, a brand new economic system. This is what Jiang Xia is making sugar for them.

At that time, the border trade will be opened and some will be established as state-owned, allowing officials and relatives to participate, so that they will gain wealth openly. Naturally, they will become Jiangxia's thugs and killers.

No matter how much money those officials earn, their control is in his hands. He wants to make the money they have, and he just needs to print a little more Daming treasure money.

Since everyone has decided to start reissueing the Daming Baochao, the next thing is simple.

First, the Ministry of Revenue restarted the Mint Bureau and redesigned the Daming Baochao according to Jiang Xia's intention.
To be continued...