On the night of thirty, I ate dumplings and the family reunited and stayed at the New Year.

Qiniang, Cui Yingying, Zheng Wanyan, and Du Shiniang were playing mahjong on the kang. The ivory cards were carved very exquisitely. The four girls played bloody battles. There were a box of gold, silver, copper coins piled up in front of each of them, and they were having a lot of fun.

The way to play bloody battles is very simple. Anyway, you can keep muddy until you touch the light cards. After one hand, you can keep muddying the cannon and touch it all the time, but it is also simple to count. Unlike the Guangdong Mahjong and Jiangxi Mahjong in later generations, you can't calculate the mahjong clearly.

Hongshi, Lian'er, Lan'er and Si Niang, and the four of them started playing poker and tractors to upgrade.

Li Chao, his father and housekeeper Qian fought with the landlord together.

The floor heating in the house was very warm, and the big candles were lit, as bright as day, and everyone was having fun. The other servants and maids also received a lot of food today, and then they stayed in their house for the New Year. The maids on duty also received double rewards.

Li Chao was wearing new clothes that Cui Yingying and the others had personally cut and sewn, and their embroidery was also very handmade. The father was wearing new clothes that were tailored by Qi Niang himself.

Everyone was wearing new clothes and had new wallets in their pockets.

Today, Li Chao sent out many red envelopes, especially his little brothers and a few children. Each of them gave a bag of money directly. After having gold and silver coins, there was an advantage that it was much easier to start money. In the past, using copper coins with silk cloth, and a single coin would have to be several kilograms of copper coins, or a piece of silk would be a bundle of big pieces.

Now, the wallet can hold dozens of gold and silver coins. If it is filled with three kilograms of gold coins, it will be worth 48 pieces, which is worth more than 300 guan.

If you think it is heavy, you can just put it in the bank ticket opened by the money house, which is light and expensive. There are 100 cissels, 500 cissels, 100 cissels, or even 510 cissels. There are 100 cissels, 20 cissels, 50 cissels, and 50 cissels, and 100 ci

These are all bank tickets issued by Li Ji Money Bank that are paid upon receipt. There are not so complicated procedures and no interest. In Li Ji's name, there are more than 300 bank banks that can be exchanged at any time.

However, there are no more than ten cents of taxes. There are only registered bank tickets for such large amounts, which is more troublesome to repay.

With Li Chao's forward-looking consciousness, Li Ji Money Bank is now a standout in this industry, and has made it a unique layout in the world, the world exchange, and the gold, silver coins and banknotes issued by Li Ji Money Bank have very good credit and are deeply loved by the people.

The people were given convenience, but they didn't know that Li Ji Money House had won a lot of profits.

The profit of minting gold and silver coins is not small, but it is still limited by the quantity of gold and silver. However, the banknotes are different. This kind of thing did not show its power at the beginning, but now the larger the scale of the Liji money house, the higher the profit of the banknotes.

This is actually an equivalent to issuing a large-scale circulating currency, and it is a credit currency. Originally, the depositary ticket is a certificate of depositors' depositary deposit, and the depositary ticket is a consistent depositary ticket.

But in fact, Li Chao was not so stupid. A large number of depositors deposited money into the bank. Li Chao understood the principle of borrowing chickens to lay eggs. A deposit of consistent money can be used to lend six or seven hundred yuan to lend. With a reserve of consistent money, Li Chao can issue a banknote of four or five cents.

Under this model, the banknotes printed by Li Chao with paper and ink are equivalent to money, which is much more profitable than digging copper mines to smel coins, or even purchasing gold and silver coins.

The larger the scale, the more money you make.

If you make more money, the larger the scale of the bank's expansion, the larger the issuance scope of the bank's ticket, the more the number, and the higher the credit security of the bank's ticket.

Everyone in the future understands this kind of thing, but in this era, few people understand the routine. They really think that the Li family has always had money, so they only opened a banknote.

They didn't know that it was just like the gold and silver content of gold and silver coins was constantly falling. At the beginning, the gold content of gold was 90%, but now it has dropped to 80%. However, the gold coins minted by the Li family were calculated based on the face value, rather than weighing. The gold coins with 80% gold content were still calculated based on one or two taels of pure gold. The remaining 20% ​​was actually copper. The cost of copper and the cost of minting coins was extremely profitable.

The Li family is now plundering a large amount of gold and silver, hoping to buy all the gold and silver in the world and then cast them into gold coins and silver coins. Last year's Buddhist Taoist rectification, the Li family actually obtained a lot of gold and silver, especially gold. A large number of Buddhist temples were demolished, with the golden body of Buddha statues, gold foil pasted on them, and there was a lot of gold paint.

The court got a big head and the Li family also got a lot of it. These golds were basically converted into gold coins.

During the Qin and Han dynasties, there was a lot of gold in China at that time, and at that time, there were a lot of copper. Most copper ores were actually accompanied by gold mines, so more copper was dug, so there was naturally more gold. The amount of gold at that time was amazing, but later it was popular to accompany it, and a large amount of gold was buried underground. In addition, the influx and rise of Buddhism in the Han Dynasty also caused many gold to be used to cast Buddha statues and paste Buddha statues, write gold books, etc.

However, it is not realistic to realize the gold and silver standard in the Tang Dynasty. The key is that there are fewer gold and silver ores, and mining is also difficult. Li Chao knew that there are a large amount of gold ore in the Denglai Peninsula in Shandong, and knew that there are large copper or silver ore in Jiangxi, but the mining efficiency is not high.

With so many people in the Tang Dynasty, gold and silver cannot be used as basic currency, and even as currency is difficult.

The quantity is too small. Although gold and silver coins are now considered currency supported by the imperial court, they are usually only collected and used by nobles. Generally, merchants rarely trade gold and silver coins.

However, copper coins are not enough. Even if Li Chao contributed several large copper mines, he could not dig much in a year. For a Tang Dynasty with a population of tens of millions, not to mention casting 300,000 to 400,000 minus minus copper coins a year, even if he casting 300,000 minus minus, it would not be enough to use it. In particular, there are many illegal elements. The imperial court minted coins, and they collected the money and resold them.

In addition, some local landlords like to hoard money and bury it in underground caves. They would rather embroider the copper coins underground than take them out to circulate. This makes it possible for a black hole whether it is gold, silver coins or copper coins. The amount of money minted by the imperial court is always insufficient.

People have no money to use it, so they have to use silk, cloth, and grain as currency to go to a market. If you want to buy things, you have to bring cloth from your home or some eggs and duck eggs, or even carry a chicken directly to the market. You can sell the chicken first, or change the cloth before you can buy things.

It is precisely in this kind of money shortage that the banknotes of Liji Money House are so popular.

In classical farming society, there were only sage books that were read, but few of them studied social economy and did not know how to manage economics and finances at all. They didn’t even know how to build one, and they didn’t even know the importance of issuing credit banknotes.

However, Li Chao didn't dare to teach these people. People in this era like to do things randomly.

If you teach them to build a bank and issue paper money, these people will definitely dare to issue paper money indiscriminately without reserves. They will print money directly if they lack money. They will print 10 million guan this year and 30 million guan next year.

Look at the Jiaobao of the Song Dynasty, the Baobao of the Ming Dynasty, and the Paper Banknote of the Yuan Dynasty. Which one is not like this? After being issued, one thousand guan and tens of thousands of guan can’t be regarded as a copper coin. It is a good thing, and they are notorious.

No matter how good the scripture is, it is not good to recite it to the monk Crooked Mouth.

For example, money shops are actually privately operated and the court supervised them better. However, Li Chao himself has a good grasp of the business direction of money shops, and it is not too outrageous. He also strictly set up a line for issuing bank tickets and has enough reserves.

He was unwilling to let the court supervise because the officials of the court didn't understand this at all. What did they ask them to supervise?

As he thought about it, Li Chao played a pair, but when he looked back, he saw a good dragon in his hand, and he was interrupted. He was so angry that he stamped his feet, and he lost a winning card.

Butler Qian and his father finally made things worse. They made a blow to Li Chao, and Li Chao lost a lot in one go.

"What are you thinking? It depends on your absent-mindedness?" asked the father.

"This is not tomorrow the first year of Zhenguan. Your Majesty gave me a heavy burden. I am the Minister of Revenue and the Salt and Iron Envoy. The imperial court's money bag is left to me. However, the national treasury is empty. This autumn, the northern disaster has been severely affected. The court has exempted the regular taxes from the northern states. It will be a disaster next year, and it will definitely be exempted next year. In addition, the disaster relief and the money for buying grain are still in white. Now the imperial court not only has no money, but also owes a lot of debts."

Li Shimin was so good. Seeing that the treasury was empty, he immediately handed over the burden to Li Chao. Originally, Li Chao, the Minister of Revenue, was named and was not actually in charge of the ministry affairs, but now that Li Shimin has spoken, Li Chao has to take on this burden.

Find a way to get money for the court.

Li Chao is rich, but the Li family is also big. Moreover, no matter how rich a family is, it is really rich enough to rival a country. The annual expenses of the court are calculated by tens of millions of yuan, and the past two years have been famine and war, which is even greater.

Not to mention anything else, this year, the food bought by wealthy landlords is a debt of astronomical numbers.

Originally, the imperial court increased its fiscal revenue by tens of millions of yuan a year through various methods such as commercial taxation, border markets, and monopoly, which was considered awesome. But now, a famine has returned to the time before the liberation, and still owed a lot of debts.

This Minister of Revenue is not easy to be a minister of the Ministry of Revenue.

After thinking about it, Li Chao felt that the rich people could not always owe the white sticks, and forced them to collect food, but kept placing white sticks but not fulfilling them. This would really anger the rich people.

But the court really couldn't afford to pay these noodle bills.

You can't let the court really print money.

But then I thought about it, printing money is indeed a good way. The court cannot print money, and they will do whatever they want to print money, but Li Ji Money House can print money.

"You can issue some treasury bonds." Li Chao thought that the best way was to lend money to the court by Li Ji Bank. But it was not borrowed directly, but the court issued treasury bonds. Li Ji Bank bought them. The treasury bonds stipulated interest. Li Ji Bank could be obtained at a low price, and then issued high interest. In this way, Li Ji Bank was considered a contract issuer of the court's treasury bonds.

But after just thinking about it, Li Chao still gave up this idea.

It is too stupid to let Li Ji Money House do business with the court, or do such a business. This will reveal the strong strength and huge wealth of Li Ji Money House. If Li Shimin becomes crazy and becomes crazy, it is not impossible to force it to rob it. Even if Li Shimin does not rob it, will the emperor in the future not rob it?

The emperor doesn’t rob it. Do those officials who shout the words of sages all day long don’t jealous and don’t want to rob it?

It’s better to make a fortune in silence.

As for bonds, it is indeed a good idea. When the imperial court issues bonds, it can set interest and years, issue them nationwide, and can also use the land on the border as collateral. Buy bonds and directly mortgage them to the border land. If the imperial court cannot repay the principal and interest on time, the land can directly become the bond holders.

In this way, bonds will always be a bit attractive.
Chapter completed!