Chapter 108 Mechanism of Money
In the sun, brand new copper coins shine brightly and piled up in the cash box, looking very pleasing to the eye.
Li Li reached out and took up a handful of copper coins, lifted them, and poured them into the cash box. The copper coins collided with each other, making a pleasant sound.
On the side, Wu Xiang picked up a copper coin, looked at it carefully, and was amazed: "This is no different from real money."
"That's a must, this is called professionalism." After Li Li finished speaking, he also picked up a copper coin and put it in his hand to look carefully. He saw that the four words "Changping Wuzhu" on it were clearly visible.
This is Pengcheng Water Village. The water surface is vast, so the wind is strong. Li Li narrowed his eyes slightly and looked at the mechanism "Changping Wuzhu" money, and was very satisfied.
Changping Wuzhu is a copper coin issued in the fourth year of Tianbao, Qi State. This coin was not named after the year name "Tianbao", but was named "Changping".
Changping originated from the name of "Changping Warehouse" in the grain warehouse. Changping Warehouse purchased grain storage in a bumper year to avoid low grain damage to farmers and poor harvests and selling grain stored in the warehouse to stabilize the price of grain.
Therefore, Changping warehouses have the effect of stabilizing grain prices. Emperor Gao Yang of Qi named the new money "Changping", which is believed to be because the new money can stabilize prices.
The new dynasty and new coins are so the "Changping Wuzhu" is full of materials and exquisitely made.
According to the practice of this day, good money with excellent workmanship will inevitably be stored on a large scale, either by melting the minted copperware or by melting the minted large amounts of bad money.
Therefore, the "Changping Wuzhu" of Qi State is not enough regardless of the amount of casting and circulation of the imperial court.
Then, the kind-hearted Li Sanlang decided to help his neighbor Gao Erlang.
Using the rich hydraulic resources of Hanshanyan, the "suppression method" was used to make the "Changping Wuzhu" using machines, and then it was put into Qi on a large scale.
Alleviate the tension in Qi's use of money.
That is, to make counterfeit money to make profits.
The technology comes from the ‘mechanical bronze mirror’, which is nothing more than suppressing the product from a palm-sized bronze mirror to a small copper coin.
The "Changping Wuzhu" in Li Li's hand is the latest mechanism copper coins, made of hydraulically driven machines to press the copper belt.
The copper content is 70% and 30% is lead. With the new coin making process, the cost of coin making is lower than its face value (one article).
Although the color is a bit "green" compared to real money, it is well-made and has clear texts, which are similar to real money. It can be fake and real.
"Today's coin making technology is minting, or continuous casting, which means batch casting. You have to make a model, then melt copper into, mold, cool, smash the mold, and repair the appearance."
"The production speed is slow, the efficiency is low, and the cost is high. The cost of making coins is higher than the face value of the coins they are made, so the more you mint, the more you lose."
As a black-hearted businessman who makes counterfeits and sells counterfeits, Li Li introduced the "insider of the industry" to Wu Xiang.
"The mechanism money is different. Because the machine suppresses, there is no need to build models, nor does it require consuming a lot of fuel to melt copper, saving a lot of labor."
"The copper lead alloy with a proportion is melted into copper ingots, and then rolled into a long copper strip by the machine, and fed it into a coin making machine. The machine directly presses out copper coins on the copper strip."
"There are round and square holes, and there are exquisite words on both sides. The thickness is the same as real money. The machine-made money has a high output, low cost, and is lower than its face value."
Li Li bounced the copper coins in his hand with his thumb and waited for it to fall and then caught it: "That is to say, the more money is made and the more we use it, the more we earn."
Wu Xiang asked: "But what if they took such good money and all of them melted the copper cast, what should they do?"
"The moment we spend this money, we have already made a profit. As for what they use this money, it doesn't matter to us."
After Li Li finished speaking, he held the copper coin and shook it in front of Wu Xiang: "Don't treat it as money, you should treat it as a product."
"If we make one thousand (text) of money and spend it, we will make two hundred money, or the equivalent physical goods, and the profit is 20%. Isn't the profit the same as the serious transactions these days?"
"We immediately made 100 million yuan, spent it, and we immediately made 20 million yuan, or equivalent physical goods."
"We melted the various copper coins and bad coins obtained through various channels and compared them to make them into different qualities of "Changping Wuzhu". The profit is as much as possible, and it is all profit anyway."
"Use money to make money. After spending it, exchange it for more money and then use money to make more money, which is equivalent to turning the left hand into the right hand, and then turning the right hand back into the left hand."
Li Li threw the copper coins back and forth between his left and right hands: "There are more and more fake money in circulation mechanisms, and the profits in our pockets are accumulated, and Qi State..."
He threw the copper coins into the cash box and smiled and said, "What will happen if our fake money is circulated on a large scale in Qi?"
This question is a bit complicated. Wu Xiang fell into deep thought, and Li Li didn't urge him. He looked at the mechanism of "Changping Wuzhu" loading ships not far away, and felt relaxed and happy.
Massively manufacturing of enemy countries' currency (counterfeit currency) and then distributing it to enemy countries for circulation to destroy their domestic economy. This means of financial warfare is beyond the perception of most people in the current era.
It is not easy to implement.
Because in this era, the coins issued by countries were not paper money, but copper coins, and their credit did not come from the court, but from the copper content.
Later generations destroyed the objects of fake money and used fake money to make the credit of the currency issued by governments, thus causing a large-scale depreciation of paper money. This trick was used in this era and was not suitable for the local environment.
Moreover, the economic structure of this era is different from that of later generations. It is mainly self-sufficient manor economy, and one of the main trading methods is bartering.
Although currency can also be used, currency can be used both money and cloth.
Money is just one of the currency. If you want to issue fake money (copper coins) to attack the enemy's economy, it is difficult to achieve cost and the effect is not good.
Then, even if there is a mechanism for fake money, it will not lead to serious problems in Qi's economy.
"I understand!" Wu Xiang suddenly spoke and looked at Li Li: "Since you use the 800-ciete mechanism to fake money, you can exchange for goods worth 1,000-cietete in the other party."
"If this mechanism counterfeit currency is circulated on a large scale within Qi State, it is equivalent to... it is like we will get free supplies from Qi State!"
"If we spend 100 million civilian fake money in Qi State, it is equivalent to getting back 20 million good money or equivalent materials from them."
Li Li nodded, but this was not the correct answer, although it was very similar.
The more Wu Xiang thought, the clearer his thoughts were: "No, such behavior is more like...... more like tax collection!"
"We did not occupy an inch of land in Qi State, did not place a tax collector, nor did we have a soldier, but we could use this method to collect taxes from Qi State!"
"The taxes collected include good money, including millet, cloth, silk, felt, and all kinds of supplies."
"These taxes came to us the moment the money was spent."
"What we have to do is to use a furnace to melt copper, lead, or melt various bad money in Hanshanyan, and then mix it into a suitable copper alloy, and press it into a copper belt after it is formed into an ingot."
"Then use machines to make fake money, then directly trade with the unscrupulous merchants in Qi at the border, and use these exquisitely made fake money to exchange for the materials purchased by the other party from the country."
"Sales money with one hand and delivers the goods with the other hand. These fake money will naturally be taken to Qi by profiteers, spent and circulated to the north of the Yellow River."
"This is equivalent to the fact that we collect invisible taxes from Qi in disguise, but the other party cannot detect it. This is a soft knife that cuts the flesh and leaves no blood!"
Li Li applauded and agreed with Wu Xiang's conclusion: "We make counterfeits and sell counterfeits, not to disrupt the currency system of Qi, but to rely on this well-made counterfeit money to collect taxes from Qi."
"Similarly, the court can actually use this routine to collect taxes in China, but it will not increase the burden on the people like directly increasing the tax."
Wu Xiang widened his eyes and looked at Li Li, full of shock: "Is this OK?"
"How can't it work? It's just a matter of how much you collect."
Li Li smiled, "Since ancient times, the courts of all dynasties have to mint money. If they want to be recognized by the people, they have to mint good money, and mint good money is a loss."
"So, the more good money is minted, the more the court will lose. However, as soon as good money enters circulation, it will inevitably withdraw from circulation for various reasons."
"The court can only keep minting money to meet the people's demand for money. Over time, the finances will not be able to bear it."
"Let's change our thinking and use new technology to make money, so that the cost of minting good money is lower than its face value. Then, for the court, it is to make money and collect taxes!"
"The face value of a good money is directly related to its quality (mainly copper content), but for ordinary people, to distinguish whether the money is good or bad, one should look at the material and the other should look at the appearance."
"The so-called material means that it cannot be broken when broken when broken, and it means that it is broken when broken. The so-called appearance means that the appearance is intact, without being cut, and the handwriting of the copper coins is clear, etc.."
"Then, although our mechanism money contains not tens of copper but seven cents, and three cents are lead, the material is still good. As long as the copper content is concealed, it is enough to get away with it, making people mistakenly think it is a good money of nine cents of copper."
"In addition, the appearance is exquisite, at least it looks pleasing to the eye. It doesn't look like a fake product, so the public's acceptance is high."
"Once the court issues such mechanism money on a large scale, fiscal revenue will definitely increase, because the court invisibly, through the circulation of this mechanism money, it has already collected taxes from the public."
"The more money is issued in mechanism, the more tax you collect. With a super large copper mine, whisper, this is the hardcore crop that guarantees harvesting by drought and flood..."
As Li Li said, his eyes narrowed again. When Wu Xiang heard this, he was a little silent: "But, the court today is not worthy of such hardcore crops."
"They are like borers, eating the trunks, and the trees grow and thriving, the more they eat."
Li Li replied: "Yes, such an imperial court is not worthy of such a hard-core crop. The powerful people think of their own interests. Even if there is a large surplus in the finances, how much can it be used on the people?"
"Not to mention that now the young emperor is in the dynasty, the power is divided up by the powerful and powerful people. How much profit can be used in the right place?"
When Wu Xiang saw Li Li talking about the government affairs, he remembered Zhang Ying's words and asked directly: "What if the court wants to transfer you away and you can't be the governor of Xuzhou again?"
Li Li looked at Wu Xiang and smiled: "Xuzhou is Xuzhou of the imperial court. What you said is as if Xuzhou is our private property."
Wu Xiang said word by word: "You took us and defeated me."
Li Li looked at the vast water surface: "Yes, it was ours to capture it, so the ownership of Xuzhou belongs to the court and the right to use it belongs to us."
"What if the court wants to take back the right to use?" Wu Xiang continued to ask.
Li Li said: "You must be patient when fishing. If you are impatient, how can you catch a big fish?"
Chapter completed!