Chapter seven hundred and thirty second: money shortage
When Zhang Xun walked in with a thoughtful expression on his face, sat in a corner of the general office, spread out the paper, and picked up the pen, the noise and jokes in the room were finally over, and the meeting really began.
Li Ze looked at everyone and said, "The first issue today is to talk about the general equivalents of our Wuyi. In the past, we have always implemented the linkage of all prices with food. This is because we were initially established and there was a shortage of food. In order to ensure the price of food and maintain stability, we had to take measures. But now, time has changed, and under our rule, a large amount of land has been reclaimed, and the grain has basically achieved self-sufficiency. Then, food price subsidies are used to maintain low prices. First, the consumption is quite large in terms of financial resources. Second, the low grain is harmful to farmers. How is the investigation by the Ministry of Revenue in this regard?"
Xia He opened the file in front of him and said, "Young Master, after investigations in all areas under our rule, the Ministry of Revenue learned that now, except for the desert, northern desert and Lingzhou, the grain has basically been self-sufficient. The real food import area is only Wuyi, Dezhou, Cangzhou and other places. Some of these places are political, economic and cultural centers, some are sea marinas, and some are workshops, factories and mines. People's income is actually higher than other places. Therefore, we believe that it is time to cancel the grain price subsidy and freely regulate grain prices by the market."
“Will the price of grain rise?”
"In the area where food is imported, prices will definitely increase, but after our investigation, we have concluded that the impact on the people is not minimal." Xia He said.
"In other words, this policy can be abolished. How to regulate the price of food in the future?"
"Grain is a commodity. In the future, we will no longer simply regard it as a general equivalent, but we will not completely withdraw from this mechanism. We will only introduce more bulk commodities into this mechanism, such as salt, steel, sugar, satin, etc., to establish a relatively balanced price regulation mechanism to minimize the impact of a single commodity on prices."
"So, the Ministry of Revenue has established this price regulation model, right?" Li Ze asked with a smile.
Xia He nodded: "Yes, since last year, the Ministry of Revenue has been doing this. Now we dare to say that it will definitely allow us to transition smoothly to the next stage. Finally, we will completely transition to the general equivalent of precious metals. As the young master said, after establishing national credit step by step, we can use it as money even if we take out a piece of paper."
"Since that's the case, then during the next big dynasty meeting, let's take out the things you have developed for everyone to discuss!" Li Ze said.
"Yes!" Xia He said: "The second thing is the currency issue. Wang Mingyi and Sun Lei will report this matter to you!"
Li Ze nodded and turned his eyes to Wang Mingyi.
Wang Mingyi cleared his throat and said, "Li Xiang, in addition to commodity trading, there are also small service agencies all over the world. Over the years, our economy has developed rapidly and the people are becoming more and more prosperous, but this has brought new problems. First, it is that money is expensive."
Li Ze frowned slightly and turned to look at Sun Lei: "What's the problem with the Money Cashing System?"
"Li Xiang, the Coin Cricketing Department has tried its best, but there are many problems. First, it is the output of copper mines. Now we use more and more copper, especially on many military weapons. The copper components used for more than a year and a year, and this is recorded as a supervisor. Second, the people still have the habit of storing money. A considerable number of people only enter and do not leave, greatly reducing the circulation on the market. Third, there are still illegal elements who collect money to raise copper, make copperware, etc. to make huge profits. The combined combination of various factors has made our minting speed unable to keep up with the speed of economic development, and the money that can be circulated on the market is getting less and less. However, we collect taxes and transactions on the market, and only collect money to make money, which makes copper coins more and more expensive. Now, in Wuyi Zhenzhou and other places, the money has only 600 to 700 cents."
"Such a big price difference?" Li Ze was shocked: "This is no small problem."
"The problem is indeed very serious. This has caused us to suffer a considerable loss when trading with the South and even the fake beams." Wang Mingyi said: "This problem must be solved. Otherwise, the more we go back, the more big the problems will occur. In addition, the disadvantages of copper coins are now reflected more and more. Big merchants have now begun to enter the money house system, and money houses issue tickets to trade. However, many small merchants are not used to this. They are unwilling to pay the handling fee for the money house, so they solve it themselves. I have seen merchants who use a carriage to haul a whole cart of money to trade goods. Even ordinary people want to buy something and bring a few hanging money, it is of some weight."
Li Ze nodded and said, "In addition to asking the Ministry of Industry to increase the mining and smelting of copper mines, how are you going to deal with it?"
Xia He said: "We are preparing to rebuild a monetary system."
“How to say it?”
"The specific plan is like this." Xia He pushed the document in front of Li Ze: "Casting a gold coin, one gold coin can be used as a ten-spin copper coin, a silver coin, a silver coin can be used as a one-spin copper coin, a copper coin can be used as a ten-spin copper coin, and a copper coin can be used as a ten-spin coins, and then supplemented by the original coin making, so that the use of coin making can be reduced greatly, which will facilitate the people and greatly alleviate the problem of money shortage."
Li Ze opened the document in front of him, which looked like new coins painted inside.
"Two questions, first, are there enough gold and silver reserves? Second, how to establish a new set of currency? If the people don't believe you, no one will want your money, which will cause new problems."
Xia He said: "We have considered these issues. We are sufficient for gold and silver. Over the years, we have not allowed gold and silver to circulate on the market. The treasury has stored a large amount of gold and silver, and domestic gold and silver mines have sufficient output. Second, after the new currency is put into use, as long as the court clearly issues a clear order, such as supply and marketing cooperatives all over the world, they are not allowed to accept them. Money shops, whether they are Wuwei money shops or private money shops, must be fully redeemed and taxed, and they are mainly new currency. In this way, it is not a problem to gain a foothold."
"I think that when the first step was implemented, officials and the army were the first to use it. The salaries of officials and soldiers were paid in new currency. This is a huge group and has a demonstration effect among the people." Wang Mingyi interrogated.
"It seems that you have considered it very well." Li Ze smiled and said, "Well, how much is the cost of minting these gold, silver and copper coins?"
Everyone's eyes turned to Sun Lei.
Sun Lei smiled and said, "Li Xiang, according to the instructions of Shangshu Xia, we have already cast the first batch of samples." He stood up and placed a small box he carried with him in front of Li Ze: "This is the first batch of sample coins we have made. Among them, gold coins can be used as ten coins, but the cost is only two coins, silver coins are once, and the cost is less than two hundred coins, and copper coins are only ten coins, and the cost is only three coins. If this set of currency can be successfully implemented, it will be beneficial to the court."
"With such a big price difference, can you see what you cast? The quality is too poor and no one can use it. The people are not fools. Don't ruin the credit of the entire currency because of these small profits." Li Ze frowned and opened the box.
Sun Lei said: "Li Xiang is safe. We hired the masters of the Chemical Institute of Wuwei Academy to study these coins for a long time. Although the content of pure gold and silver is not large, the quality is absolutely fine, and the casting is quite exquisite."
Li Ze took out the gold and silver coins in the box and placed it on the table.
"Young Master, I remember you said earlier that the credit of currency is actually the country and the credit of the court. As long as the credit of the court is, then even a piece of paper can be used as money, right?" Xia He said with a smile.
"It's true, but I don't think we have reached this level now." Li Ze smiled, picked up the gold coin and looked at it carefully. The gold coin was indeed very exquisite. In the middle of the complex patterns, there was a person's side face. The more he looked at it, the more familiar he felt.
"Who does this face look like?"
The people in the room laughed.
"Young Master, this is your side face!" Xia He smiled.
Li Ze raised his eyebrows, threw down the gold coins, picked up the silver coins and copper coins. The patterns on it were different, but they were all used like the same side face.
"No, change it!" Li Ze shook his head and said. "Isn't this a way to give someone a handle?"
"Young Master, but everyone doesn't want to carve the emperor's side face on it." Xia He whispered.
Li Ze thought for a moment and said, "Now my Tang Dynasty is still in a corner. If you want to regain the world, you still need force first. For this gold coin, you can engrave a statue of a warrior and silver coin. A farmer is based on agriculture and a farmer. A copper coin is used as a peddler. No business can survive, and no business can be rich. Sun Lei, if you replace these, it will not increase much cost, right?"
"No!" Sun Lei said: "It's just changing a set of molds."
"Then do it!" Li Ze made the final decision. "Now the world, including the fake beam, also uses our money in large quantities. If this set of coins can be established and promoted to the world, we can make a lot of money. We can put all the money in their hands into our pockets, so that they can also taste the taste of money shortage."
Chapter completed!