Guangzhou.

Although the most sales newspaper in Datang was closed in the Central Plains, several branches in Guangzhou, Qinzhou, Jiaozhou and Fuzhou are still maintained, and now the Guangzhou branch has become the main branch of the newspaper.

In addition, many newspapers such as Times, Hanjing Evening News, Empire News have also moved their positions and set up new headquarters in Guangzhou. Many editors and reporters from various newspapers in the mainland have also found ways to go south to Guangzhou.

Major newspapers were very unhappy with the court's ban and were very resentful. After coming to Guangzhou, they were full of fire and criticized the newspapers, and the court was completely incomplete.

The newspapers published early in the morning of the Banyuetan, the headlines were: "The Central Plains court has banned the people from using gold, silver coins and copper coins, and forced the people to use gold coupons. At present, only 100 coins of gold coupons have been reduced to copper coins. Prices soared and commodities are in short supply, but workshops in various places are closing down one after another. May I ask, why has the extremely prosperous Central Plains become the ghost realm of the end of the world now? Why is all this?"

One stone stirs up a thousand waves.

Today, I talked about the entire newspaper in half a month, and I was talking about this matter. From multiple perspectives, I talked about the news of inflation and depreciation of gold bonds in the Central Plains.

The information is detailed, and many well-known figures have made remarks when interviewed by newspapers.

"The Central Plains economy has collapsed."

"In one month, the grain price in Hanjing has actually increased by three hundred times!"

"Businessmen went bankrupt, factories closed, and a large number of workers were unemployed."

"Did the imperial court open a printing factory and issue gold coupons indiscriminately?"

"What reason does the imperial court have to prohibit the use of copper coins?"

"The court is doing the opposite."

"Water can carry boats, or overturn boats!"

········

Newspapers such as the Times, Hanjing Evening News also followed suit.

The people were shocked when they looked at the amazing reports in the newspaper. Looking at the peace and stability around them, everyone felt like they were dreaming.

It would be better to follow the prince and the King of Zhao.

The people in the Central Plains are not able to eat any food. The rice price has increased by 300 times, so who can still eat?

"What is the emperor messing around?"

"It was a traitor who had appeared beside the emperor."

"Why!"

Sighs.

Lingnan has actually been affected a lot. Many ports in the north are blocked and ships and cargoes no longer travel south. It has a huge impact on coastal commercial ports such as Guangzhou. Ships and cargoes in the north cannot be shipped, and many domestically sold goods here are also unable to transport north.

Fortunately, there is no shortage of grain. The Pearl River Delta, the Honghe Delta, and Liuqiu are all grain-producing lands. They also have to transport and sell a lot of grain to the Central Plains every year, and in recent years, there has been a lot of grain stored in the local area.

In addition, Zhang Chao had prepared a lot of plans and made many plans, and the food prices are still very stable now.

As for the treasure banknotes in the south, although they were affected by some, many people were worried. However, Zhang Chao has always been very determined and allowed the people to exchange them for them. There is still a difference between money and money.

Now everyone is panicking to exchange money, but as long as they hold on, everyone will find that the money is still as firm as it is, while the copper coins are still so inconvenient to use, so everyone will continue to use the treasure money in the end.

Now the latest version of Baochao is used in the south, and he is not afraid of the court bringing fake money to come over. They don’t have the technology yet. Besides, now wars are in the north and south, and money is prohibited from being carried in and out of every pass.

······

In Ganzhou, Jiangxi, near Daruling, many people were waiting day and night for the Southern Army to pass the predicament.

"I can't live this life anymore, why haven't the prince come yet?"

"The court just ordered that if we don't collect money this summer tax, we will collect copper coins. Where can we get so many copper coins?"

"No, I also said that the autumn tax would collect physical goods, and no money would be charged."

"The days are getting back more and more."

·······

Zhejiang.

The Zhejiang Xuanfu Envoy looked at the official document that had just been issued and his face was full of wrinkles.

The imperial court issued an order requiring local governments to confiscate gold, silver and copper coins from the hands of civilians. People should not privately store more than 5,000 copper coins, and gold and silver coins should not exceed 100.

Those who have more private hiding must be handed over to the government and exchanged for gold coupons.

"What stupid guy is this stupid plan proposed?"

The left and right governors and censors next to them were all stunned.

The current situation in the local area is so tense, and the court still has to issue such an order. Wouldn't this add fuel to the fire?

"The court is trying to steal money!"

"Let us plunder the gold, silver coins and copper coins from the hands of the people, and then hand them over to the court's treasury. This is to be ruled by thousands of people."

"What do the court wants so many copper coins?"

"Don't you know yet? Now that paper money has fallen, and is deprecated again and again, it is worthless. A coupon can only be exchanged for ten cents of copper coins. Now, there is no way to see a copper coupon on the market in Hanjing, and everyone has collected it. However, paper money has been deprecated continuously. The people of Hanjing are now bartering, and they can't use paper money at all. Even if they have been paid ten cents of money, they may not be able to buy things."

"Even paper money can't be paid, whoever uses it will be stupid." An official said angrily.

The power of money is so great that after the banknote credit goes bankrupt, metal currency is in short supply, which leads to the chaos today.

·······

Hanjing.

Imperial study room.

After listening to the following remarks, Li Shimin was speechless for a long time.

He could not have expected that things would have developed to such a bad point.

"When we didn't have paper money in the past, we lived a good life. Now we can do both money and money, why can't we do it?" Li Shimin asked.

"Your Majesty, the past is the past, now is the present, this time, and that time. In the past, there was no big business development, or a relatively simple agricultural economy. But now, it's different. Besides, there are so many coins in the market. There should have been many copper coins on the market, but there is no one at all. The court has taken out all the copper coins in the treasury, but no matter how many they take out, it will soon be like a stone sinking to the bottom of the river and swallowed up completely."

Li Shimin didn't understand what bad money was to drive out good money, but he also knew that if this continued, it would be a waste of money.

"Then what solution do you have?"

Whether it is to stop exchanging money for money, paying taxes, banning excessive copper coins, etc., it is useless, but the situation in various places is becoming increasingly tense.

The court did not say that it would be possible to privately store more than 5,000 copper coins, so those people would find ways to dig a cellar and bury it. They simply didn't use it or did not get it to the court for exchange.

The court also took out a lot of silk for circulation, but the money was still too short.

Now even food has become a hard currency.

But it's far from enough.

"I think I can cast iron coins!"

The reason why copper coins can be so strong is that the copper coins themselves are also precious metals. Even if they are raised, the copper obtained is very valuable and may even be more expensive than the copper coins themselves.

The same is true for gold and silver coins.

Although Li Chao had previously reformed the coin minting process, so that gold and silver coins were no longer weighed and measured but were circulated in denominations, they were still very valuable.

But paper money is different. Paper money turns out to be credited because everyone believes that paper money can be exchanged for copper coins at any time. Paper money is just a substitute for copper coins.

But now paper money can’t be exchanged for copper coins, so it’s just worthless.

At this time, the court should circulate copper coins, but the Tang Dynasty has always lacked copper, so there were not so many copper coins.

Even if it is used to circulate silk now, it is not enough, because the Tang Dynasty now has a population of 60 million, which is extremely large, with large commodities and more demand for money.

In addition, the people are now desperately hiding copper coins and gold and silver coins, which makes the market even short of money.

"Issuing iron coins?" Li Shimin hesitated.

"Your Majesty, minting iron coins by minting copper coins and then circulating them can greatly alleviate the problem of insufficient copper coins today."

Iron itself is also metal. Although iron is no longer as scarce as it used to be in the past, iron itself is a commodity after all.

"But will the people agree?" Li Shimin asked. The difference between iron and copper is huge. There are six kilograms of copper coins, and the weight of one kilogram of iron may not be much different, but can the price of copper and iron be the same?

The people are not stupid.

"Your Majesty, iron coins are always better than paper money." A minister said the last sentence.

Li Shimin was speechless, but he also agreed.

Yes, iron coins must be better than paper money.

"allow."

If an iron coin is also minted with one coin, and a single coin is equal to six pounds and four ounces. If the imperial court casts ten million coins, it will be 64 million pounds of iron.

How much iron does this need?

And ten million chunks of money do not seem to have much effect on the current market.

"Each iron coin is ten."

Li Shimin quickly calculated the calculations in his heart. Ten million chunks of iron balls would cost 64 million chunks of iron, which was too expensive. Moreover, ten million chunks would not relieve the current situation.

Finally, he made a harsh move.
To be continued...