When Wang Zonglio heard this, he immediately wanted to jump.

Three months?

This is too rushed!

Handling banknotes is not a trivial matter. If there is any carelessness in handing over banknotes, the consequences will be widespread.

Moreover, as Cai Jing has learned from the past, if you are careless, you will be scolded to death.

"Why are the officials so anxious?"

"I have received the latest news that a lot of goods from the Kingdom of Jin have entered the country from the people in Hedong, Hebei."

"This..." Wang Zonglio, a profiteer, reacted immediately, "Is it because the copper coins were leaked out?"

"This possibility cannot be ruled out. Regardless of whether the Jin Kingdom deliberately absorbs copper coins from the northern states, the imperial court must take precautions. People's livelihood in Hebei and Hedong is already declining. If the copper coins are looted again, it will be like adding insult to injury."

If the Jin Kingdom really launched a currency war against the Song Dynasty, Zhao Ning had already anticipated Zong Wang's plan.

Naturally, most of the copper coins are in the hands of big households. There are specialized merchants who smuggle them across the border and sell them to officials, big households, and officials. The big households use the money without blinking an eye, and when they are finished, they look for ordinary people to loot them.

If this cycle continues, private copper coins will inevitably flow out rapidly.

Hebei and Hedong were already suffering from the war, and now a large amount of currency was lost. How did the court replenish currency to the people?

Eagle sauce directly prints money and then distributes it, or sells bonds to the Federal Reserve and uses financial markets to disperse money to the people.

But the printing of the U.S. dollar itself is very simple, much simpler than the production of copper coins.

Rabbit inflows money into the private sector through real estate loans, quantitative easing, and expansion of assets and liabilities.

But there was no real estate in the Song Dynasty, and the productivity of this era was even less likely to launch a large-scale real estate industry.

If the imperial court wanted to bring copper coins to the people, it could buy them locally.

Bianmai in the Song Dynasty meant that the court paid for private goods to be used for military purposes.

This is one of the methods. Is it possible to use the needs of several military regions to support the stability of currencies as large as Hebei and Hedong?

The best way is to change the currency to make the Jin Kingdom lose interest in the currency, or even make the Jin Kingdom reject the inflow of this currency.

This will ensure the country's internal financial stability.

The arrow was on the string and had to be fired.

Wang Zonglio said: "Guan family, if this is the case, you have to find a few more people for me, otherwise this matter cannot be done."

"I leave this matter to you, you can find it yourself."

Wang Zonglio's company immediately became bitter, as if it had been soaked in bitter water for three days and three nights.

Suddenly, he thought of someone and said, "Your Majesty, can I ask Miss Qian for help? They are doing business and are very familiar with currency and commerce."

"You go to her for help and tell me what's going on. I just want results."

Wang Zongliu murmured: "Aren't you afraid that Your Majesty will worry about Miss Qian?"

"Um?"

"It's nothing, I'll do it now."

"By the way, Han Shizhong has already set off for Dengzhou. How is the food transportation in Dengzhou?"

"Thirty thousand stones have been transported and all are stored."

There is no need to rush to the Denglai military town, and there is no need to rush to land in Liaodong. After all, we are crossing the sea to open up a battlefield, and the foundation must be laid solidly.

Early in the morning on April 17, Da Song Bank was officially opened for business in the busiest area outside Donghua Gate.

The headline in the newspaper that day was about Dasong Bank.

For a time, the melon-eating people were talking a lot.

Wang Zongliu took Qian Yuqing and Qian Jinshu to the Dasong Bank, where there were guards on duty all around.

"Wang Taiwei, it is certainly good to issue banknotes. Now there is a money shortage in many places around Hangzhou." Qian Jinshu said, "But the credibility of handing over banknotes has been destroyed, and the people do not believe in handing over banknotes."

"Of course I know about this matter." Wang Zongliu sighed and said, "But this matter is what the current officials have to deal with."

Qian Jinshu was slightly startled. Why did the government suddenly issue a large amount of banknotes?

Wang Zonglio took his brother and sister to the private room of the bank, asked someone to make tea, and then said: "This matter is of great importance, and I need your help."

"That's all the Lieutenant orders."

"Kang Shi (Qian Yuqing's alias) is now the president of the Tokyo Chamber of Commerce, right?"

Qian Yuqing said quickly: "Thanks to Captain Wang for your support."

"I need you to show your stance, exchange some of the banknotes at Dasong Bank, and use your business to open up the first link in the circulation of banknotes."

"Don't worry, you can freely exchange the banknotes for copper coins."

The key to the substantial depreciation of Jiaobao is that Jiaobao cannot be exchanged for copper coins. In the past, when Cai Jing was in power, Jiaobao continued to issue Jiaobao, and it was prohibited to exchange Jiaobao for copper coins.

In this way, the amount of handed-in banknotes increases and cannot be released, resulting in the purchasing power of 100 kuan notes only having 25 kong.

Qian Yuqing said: "How many banknotes does Wang Taiwei need us to exchange?"

"How much money do you have?"

"Currently I have 100,000 guan in Tokyo."

"Then exchange half of it and keep the remaining half for you to circulate around Gyeonggi."

Qian Yuqing said: "Okay."

"Kang Shi, I still need your help."

"Lieutenant Wang, just ask."

"In three months, you need to go to Zhaozhou. In three months, banknote payment will be implemented in Zhaozhou."

"So urgent?"

"This matter was ordered by His Majesty."

Is it Zhao Guan’s family again?

On the side, Qian Jinshu's little mind started spinning: "Could it be related to Hebei's money shortage?"

"Ms. Qian is really smart, she is related to this matter."

At this time, Zhao Ning was sitting in a wine shop near the bank, observing the surroundings and the entrance of Dasong Bank.

There was really no crowd at the bank entrance, and obviously everyone didn't believe in handing over money.

This is understandable, after all, this matter was ruined by Zhao Ji and Cai Jing.

However, there are still some people who come to redeem their money here and there.

Zhao Ning saw a middle-aged man coming out. He had obviously exchanged some banknotes, so he went up and asked: "This official, did you exchange the banknotes?"

"Oh, yes, I just redeemed some."

Zhao Ning asked: "Why do we need to exchange banknotes? Isn't it good to use copper coins?"

"Oh, you don't think you're a businessman at first glance, do you?"

Zhao Ning smiled: "How to say?"

"We who do business have to carry a lot of copper coins with us every time we make a transaction. The transaction is very troublesome. It will be much more convenient if we use these banknotes to pay. Moreover, the denominations of the new banknotes can be large or small, which is really too much.

It’s very convenient, making change and counting are very convenient.”

Copper coins are usually not light. One thousand small coins weigh about nine kilograms.

If a big deal involves more than a thousand guan, that is 9,000 jin, which needs to be transported in a separate vehicle.

And the process of counting is very cumbersome.

Many times, the two parties hand over the money and deliver the goods, and it takes more than half a day just to count the currency.

"Aren't you afraid of the devaluation of this banknote?"

"Depreciation?" The man chuckled, "Didn't it say that it can be exchanged for copper coins in equal amounts?"

It seems that some people still believe in the imperial court.

He added: "I'm not afraid to tell you, let's exchange the money. Firstly, it is really convenient to hand over the banknotes. Secondly, we trust the Zhao Guan family. The Zhao Guan family has repeatedly united everyone to fight against gold. Based on this, we also believe that the Zhao Guan family will not go back on their word easily."

Zhao Ning was quite moved for a while.

"If you want to exchange, you can go in and exchange."

Zhao Ning bowed and said, "I'll just ask."

In the evening, Wang Zonglio entered the palace in high spirits and said excitedly: "Guan family, today we have exchanged 61,630 guan."

Zhao Ning looked at Wang Zonglio with a smile: "Did you force those merchants to exchange?"

"This..." Wang Zonglio chuckled, "They did it voluntarily."

Zhao Ning looked at Wang Zonglio. Wang Zongliu curled his lips and said: "Fifty thousand guans were exchanged by Mrs. Qian, and another 10,000 guans were exchanged by the salt merchant Zhu Qing. The other 1,630 guans were exchanged by other people on their own initiative.

Exchanged.”
Chapter completed!