Since the start of the family-world model, Zhongyuan Tangkou has always judged the emperor in terms of his civil, political, and military skills and even his personal ethics. He even wanted to use a magnifying glass to find faults. Anyone with a slight flaw is not qualified to be called a wise king or a holy lord.

Of course, the twelve locust emperors of the Qing Dynasty do not apply to the judgment standards of the Central Plains Hall. After all, they are masters, and slaves are not qualified to judge at all. Therefore, the twelve locust emperors are all Mingjuns and Holy Masters. One emperor will be enough for the ages.

Son.

The standards used by the barbarians in Europe to judge whether a monarch is a saint are completely different from the standards used by the Central Plains to evaluate whether an emperor is a saint - no matter how useless those monarchs are in terms of culture and governance, and no matter how ridiculous their private ethics are, as long as they are external

If you can win the war, you are a wise king and a holy master.

And for Louis XVI, who had just stabilized the situation in France and gained a wave of favorability among French civilians, it was enough whether he took the opportunity to turn Portugal into a French colony or forced Portugal to pay a protection fee.

Achieve the reputation of Louis XVI as the second Sun King.

If we add in the things we learned from the Ming Dynasty about diligent government and loving the people, being light on corvee and paying little in taxes...

Then isn’t Louis XVI just the European version of an emperor through the ages?

When he thought that Louis XVI became the emperor of Europe with his help, and that he would definitely leave his own mark on the history of Europe, Pierre's heart couldn't help but become hot, and even

I have an urge to pee.

At this moment, no matter what kind of money or fiefdom, they became insignificant matters to Pierre.

To Jun Yao and Shun!

In order to achieve the European version of the "Eternal Famous Minister" achievement, Pierre agreed to Zeng Cheng's request without hesitation: "Don't worry, Mr. Zeng, I will ask Louis to send someone to inform Portugal of this matter, and ask them to send an envoy.

, came to Ming Dynasty to discuss military compensation matters."

Zeng Cheng was very happy about this - today Portugal will pay tens of millions of taels, tomorrow he can find someone else to get tens of millions of taels, and the day after tomorrow he can ask me to get tens of millions of taels from Taqing. The Ming Dynasty's treasury is as poor as a dog

Do you have any money?

However, Zeng Cheng's happiness did not last long, and before he could even chat with Pierre for a few more words, Liu Huaiwen sent someone to call him to the treasury, and then they ran to the Jinan Palace together to see Zhu Jinsong.

The problem is very simple. More than half a month after the issuance of treasure banknotes, there was an inexplicable shortage of treasure banknotes in Jinan Prefecture.

The bank in Jinan Prefecture was the first to discover the problem.

At the beginning, the treasure banknotes were still in the cycle of being redeemed - paying taxes and returning to the bank - then redeeming - paying taxes again. However, as time progressed day by day, after more than half a month, the banknotes were recovered from the bank.

The banknotes were actually no longer enough for the remaining merchants to exchange and pay taxes normally. When the treasury allocated another batch of treasure banknotes and collected the spring taxes normally, there was actually no treasure banknotes in the bank!

Such an outrageous thing happened just after the banknotes were issued. The bank immediately brought the problem to the treasury, and Liu Huaiwen, the treasury's leader, was confused.

The Ming Dynasty's treasury now has 150 million taels worth of silver and copper plates, but not a single hair is left of the billions of treasure notes issued.

Okay, if all these treasure banknotes have flowed into the people, it can be considered a good thing. After all, the Ming Dynasty itself will promote treasure banknotes to replace gold, silver and copper coins. They have all been exchanged this time, and they can just print a batch next time.

.

However, after Liu Huaiwen sent someone to inquire about it, he found that there were only a small amount of small-denomination treasure notes circulating in the Ming Dynasty market.

As a result, Liu Huaiwen was in a panic - the treasure banknotes were not circulating? Where did the money go? Also, what should we do when the autumn tax comes? Is it really necessary to print another billion?

After thinking for a long time, he couldn't come up with a reason. Liu Huaiwen, who was completely panicked, simply asked Zeng Cheng, the chief assistant of the Ming Dynasty, to be called, and then reported the matter to Zhu Jinsong together.

Zhu Jinsong, who came from an engineering background and only turned to coding industry halfway, was also confused.

According to the time traveler textbooks issued by an orphanage, the premise for the issuance of currency in the Central Plains is the gold and silver standard system. As much gold and silver as there is in the treasury, currency of the same value will be issued. Excessive issuance will easily cause the currency to depreciate.

.

These textbooks even repeatedly use the example of the continuous issuance of Baobao from the Hongwu period to the Zhengde period, which eventually led to the complete collapse of Baobao's credit.

Including the bigwigs in the Ming Dynasty, they also have the same view.

Therefore, when issuing Ming Dynasty treasure banknotes, we have always followed the principle of issuing as many treasure banknotes as there are gold, silver and copper coins in the national treasury to avoid a sudden run on the currency and affecting the credibility of Ming Dynasty treasure banknotes.

Zhu Jinsong even injected 10 million taels from internal funds into the national treasury, asking the national treasury to prepare for a run.

However, it was of no use. A run on the money did not occur. Instead, the banknotes were running out of money.

Zhu Jinsong, who also couldn't figure out the source of the problem, simply asked people from Jinyiwei, the Metropolitan Procuratorate, and Yushitai to go to the bank to check the accounts. At the same time, he sent people from the Tiandihui to go to the private sector to inquire about the situation.

However, what makes people even more confused is that the Jin Yiwei, the Metropolitan Procuratorate, the Yushitai, and the bank jointly checked the accounts, and carefully checked with the treasury for a long time. In the end, they could only come to the conclusion that there was no problem with the accounts.

It was replaced by private merchants.

[To be honest, I have been using Mimi recently to read and catch up on books, switch sources, read aloud with many sounds, and it can be used on both Android and Apple.]

For example: Zhang San has to pay a tax of 180 taels, so the treasure banknotes he needs to exchange are 1,800 yuan, but Zhang San exchanged 2,000 yuan, of which 1,800 yuan was used by him to pay taxes.

He took the remaining two hundred yuan home and kept it.

That's right, I just collected it.

Zhang San said that because of the serial number of "Yellow Emperor 4487·xxxxxxxxx", this first batch of treasure banknotes has great collection value. If you don't take it home and collect it instead of spending it, who would be stupid?

More importantly, because Zhu Jinsong and the big guys in the court plan to start with taxation to promote the issuance of treasure banknotes, the treasure banknotes issued are basically hundreds of yuan bills, fifty, twenty

, the treasure banknotes with a face value of ten yuan are in the minority, and the treasure banknotes with a cent value and a dime value are even less.

This also leads to the fact that the collection property of large-denomination treasure banknotes is greater than the circulation property - it is normal for you to use a cent-value banknote equivalent to one penny to buy a bun, tea eggs or something, but it is normal for you to use a hundred-yuan banknote to buy tea eggs.

try?

Zhu Jinsong and the big bosses in the Ming Dynasty were also extremely distressed by this situation.

Has Baobao been issued or not?

It was issued, and not only was it issued, but it also exceeded the issuance amount for the first time, reaching the same level as this year's spring tax of one billion, and it was highly recognized by the public.

The results of it?

As a result, the billions of treasure notes didn't even make a splash.

It was precisely because of this situation that Zhu Jinsong felt that something was wrong, but for a while he couldn't figure out what the problem was.

After the big guys were silent for a long time, Liu Huaiwen couldn't help but sigh and said: "It would be great if the silver in the hands of merchants and the copper coins in the hands of ordinary people could be directly exchanged for precious coins."

After Liu Huaiwen finished speaking, all the big guys in the room couldn't help but sigh - isn't this nonsense? Isn't this the purpose of issuing treasure banknotes?

But when all the big guys were sighing, Zhu Jinsong suddenly said: "Wrong, they are all wrong, I was wrong, and so are you."

"We have always thought that the issuance of currency should be determined based on how much silver is deposited in the national treasury. In fact, this is wrong. We were wrong from the beginning. The only thing that was correct was that we calculated this year's spring tax in advance, so we overissued

Got some treasure money."

Zhu Jinsong also always thought that those textbooks for time travelers were right, but when it was his turn, Zhu Jinsong discovered that there was an important advance that was not mentioned in these textbooks.

The role of banknotes and coins is to replace the original gold, silver and copper coin system. Therefore, the total circulation should not be based on how much gold and silver the national treasury has as a reference - how much money can the national treasury have?

Liu Huaiwen had been scrambling and saving for so many years, and the amount of silver in the national treasury was only about 10 million taels, because building roads and bridges, dredging rivers, building social schools, etc. were all behemoths that swallowed gold and tens of millions of taels of silver.

Just hit it and hear a sound.

Besides, although there are no wealthy businessmen with tens of millions of taels in the Ming Dynasty, there are still a lot of wealthy merchants with a net worth of tens of thousands or tens of thousands taels. If a billion treasures are spread over the entire Ming Dynasty, they will basically not even make a splash.

Don't forget, Heshen and Zhongtang each have a family fortune of 80,000 taels, which is equivalent to 8 billion treasures. It can be imagined how big the entire Ming Dynasty's economy was.

One billion treasure notes seems to be a large amount, even if converted into silver, it is as much as 100 million taels. However, compared with the economic needs of the entire Ming Dynasty, this one billion treasure notes are actually nothing.

Therefore, currency issuance should be based on the premise of ensuring credit, based on the current economic volume as reference data, and combined with the current financial situation.

After figuring this out, Zhu Jinsong felt that he had been deceived.

After discussing with Zeng Cheng, Liu Huaiwen and other big bosses, Zhu Jinsong decided to issue another billion in treasure banknotes, mostly in small denominations, in order to increase the number of treasure banknotes circulating in the market and speed up the process of issuing banknotes.

The popularity of banknotes.

…

Recently, the people of the Ming Dynasty have been eating quite well - one big melon after another, they eat endlessly, and they can't get hungry even if they want to.

First of all, the Ming Dynasty decided to use force against the Portuguese barbarians entrenched in Macau and annihilated them all. The speed at which they started fighting in the morning and finished in the afternoon made the people happy for a few days. Many people with sons at home thought about whether to send their sons to join the army.

Those who have daughters wonder about finding a soldier son-in-law.

But, this kind of thing is not very attractive to the people of the Ming Dynasty, because it is natural for the Ming Dynasty's army to win the battle, and it is strange to lose the battle.

Relatively speaking, what attracted more attention to the people was that the emperor and the court wanted to issue Ming Dynasty treasure banknotes to replace the original gold, silver and copper plates.

Out of trust in the emperor, the people and merchants of the Ming Dynasty were willing to try using treasure banknotes. Even if these things were as deceptive as the treasure banknotes of the Hongwu period, then we ordinary people would recognize it and support the emperor.

chant.

The key is that the imperial court only recognizes treasure notes and not silver money when collecting taxes. Those merchants are also happy to accept treasure notes, and there is nothing they can do if they don't use them.

However, what makes people confused is, where is this treasure banknote? Who has it?

Without you, what else would you say?

However, what is annoying is that it was not until the fifth year of the Holy Emperor that months passed and the barbarians entrenched in Portugal all became Jingguan that this new treasure banknote was finally released.

Then? Then there is nothing more.

Once the new version of the treasure banknotes was issued, the wealthy merchants exchanged some of them and took them back for collection. Only those small-denomination coins flowed into the private sector, and the quantity was not very large.

Therefore, the people of Jinan Prefecture are not happy - why are they the people of the Ming Dynasty? Those wealthy businessmen can have treasures, but we idiots can't? This matter must be approached by the farmers' association and let the farmers

Will make the decision!

But after the national treasury printed an additional billion in small-denomination banknotes, the people of Jinan Prefecture found that the banknotes were still not enough.

The figure of one billion seems quite large, but what about the entire Ming Dynasty? Even if Shandong has a special status, it is only more than one million, which is rounded up to eight million, and then divided into Jinan Prefecture, there are only more than six million.

.

If more than six million are distributed to the entire Jinan Prefecture, how much will be left in Jinan City?

Jinan Prefecture is like this, and other prefectures and counties are no exception.

All in all, it was a scene.
Chapter completed!