Chapter 626: Do you dare to accept this task?
When talking to Su Kairong, Qin Feng would inadvertently glance at Su Can. The fat white man always looked like a smile, not anxious or impatient. His appearance was really festive, and Qin Feng could not tell whether he was really laughing. However, when Su Kairong sighed and shouted that there was not enough money, Qin Feng found that the fat white man's mouth was slanted, and in such a short moment, a look of disapproval flashed in his eyes at the same time.
It was a calm person. Qin Feng said in his heart.
When Qin Feng heard Su Kairong scolding the fat man, he smiled and raised a book from the desk, "Did you write this theory of money?"
Seeing the book held in Qin Feng's hand, a fat white man Su Can finally showed an unnatural expression on his face: "Your Majesty, you were thinking about it when Cao Min was fine. He wrote it out, but no one read it. Cao Min paid for it and printed a hundred copies and sent it everywhere. I guess most of them would have gone into the cottage. I didn't expect that His Majesty had one here."
"I've finished reading this book." Qin Feng looked at Su Can, "I was deeply inspired, Su Can, you have heard your father's remarks just now. Do you have any different opinions?"
Su Can looked at Su Kairong with some embarrassment, his lips moved a few times, but he didn't say anything.
Qin Feng smiled and said to Su Kairong: "Shangshu Su, you have nothing to do with you here, so you can go first."
With the order to expel guests clearly, Su Kairong could only stand up and retreat, turn around, look at his son, lowered his voice and said, "Don't talk nonsense."
Fatty Su Can smiled and nodded repeatedly, but even Eunuch Le on the side could see clearly.
"Eunuch Le, show your seat to Mr. Su." Qin Feng said: "Come another cup of good tea. Mr. Su, you are gone, and now you can speak out."
"Thank you, Your Majesty." Su Can didn't refuse. After standing for a long time, his body was really tired. "Actually, what my father said before was a bit one-sided. He was used to living a life of just one's own means, and he always thought that his family would have some extra money. For a small family, that is nothing wrong, but for a country, it is a big mistake."
"Oh, what do you think you should do?" Qin Feng asked.
"Your Majesty, as my father said before, the Ministry of Works wants to build water conservancy, roads, and river embankments, and proposed a budget of tens of millions of taels of silver. It seems that the treasury will be emptyed at once, but from another perspective, if the tens of millions of taels of silver flow out, it will bring the economic vitality to our Ming Empire, it will be extremely considerable!" Su Can picked up the tea and took a sip.
"I hope to hear it carefully!" Qin Feng replied at the right time.
"Your Majesty, if all these tens of millions of taels are invested, at least nine million taels will flow into the market. They want to buy various raw materials and hire manpower, and money will flow into this step by step. In fact, every time the flow is transferred, the country can obtain taxes from it. Even if it is labor, they have to use it. When they have no money, they can only tighten their belts, but when they use it, they will use it, right? As long as they use it, money will flow into the hands of merchants, and we can receive taxes from merchants. So, although on the surface, we invest 10 million, but in fact our expenditure is not that much." Su Can emphasized his tone: "The important thing is flow, not to throw money into his hands. It doesn't matter if there is no penny in the treasury. As long as the entire country's economic system is operating healthily and in a continuous cycle, the money will make money."
"It's the first time I heard this, but it sounds very reasonable." Qin Feng smiled and raised Qian Lun: "I have read the same argument from your book."
"Your Majesty, I mentioned an over-budget in the theory of money. I wonder if you have noticed it?" Su Can put down the teacup and looked at Qin Feng with bright eyes.
"I saw it, for example, your father said that the income of our Ming Empire was about 30 million taels of silver in the year, so he budgeted the expenditure for next year to 30 million taels, and according to your statement, he could budget an extra 40 million taels of 5 million taels." Qin Feng smiled, "Is this thesis?"
"It's almost the same. This kind of over-budget is really complicated, especially if it's more important to determine how much it exceeds, it won't collapse. But Your Majesty, although it seems to be spending more, the economic pull cannot be underestimated! This budget method is actually an economic expansion policy. If you make this method good at making this method, it will inevitably make the national economy full of vitality."
Qin Feng nodded, "Although I have read Qian Lu seriously, to be honest, I don't understand many things in it, but I don't need to understand them too much. It's enough to know some things. There are experts like you. Su Can, I took a look around the city a few days ago and found that the most widely circulated copper coins in our Ming Empire were actually Qi's state. Do you know what this means?"
"I know." Su Can nodded: "The quality of Qianyue's copper coins is too poor. Compared with the price-performance ratio of Qi's copper coins is higher. Your Majesty may not know that Qi's copper coins can only be exchanged for a hundred cigars on the market, while Qianyue's copper coins can be exchanged for 1,200 cigars. The common people generally don't have much silver in their hands, and most of them use copper coins. However, the government collects taxes and collects silver. This difference naturally makes the people prefer Qi's copper coins. In fact, this shows that Qianyue's currency system is on the verge of collapse."
"And a large amount of silver will flow to Qi State, which will eventually lead to a silver shortage in our Ming Empire. This is another kind of economic plunder." Qin Feng said in a deep voice: "So, I want to recast the monetary system of our Ming Empire and abolish the money regime of the prefecture."
"Your Majesty is going to recast the Ming Dynasty copper coins?" Su Can asked.
Qin Feng shook his head: "Even if we recast the Ming copper coins, we may lose in the competition with Qi. I am going to issue a brand new monetary system. I am going to issue paper money to replace the current metal currency."
"Bank notes!" Su Can stood up in shock, his body trembling with fat, "Your Majesty, you have to be very serious, you must be careful. If you don't have a bad intention, something big will happen."
"I know, that's why I'm so cautious." Qin Feng took a deep breath: "Since your Changlong Money House can issue bank notes and it is circulated across the country, why can't my Ming Empire issue a banknote similar to this kind of silver notes?"
Su Can swallowed, thinking that this was completely different, okay? But looking at Qin Feng's expression, he was tactful and did not make any sound.
"After reading your money theory, I have a little vague understanding of currency issuance. Your father said that we have a budget of about 30 million next year. So, can we issue 30 million paper money? The treasury has these cash banks as reserves. This is not excessive, right?"
He paused and said, "According to your over-budget theory, can we even issue a few million taels more, right?"
"Your Majesty, this is the case in theory, but in history, there are not many paper money that have been issued, but without exception, they all ended in failure. This matter must be done with caution." Su Can said.
"I have understood all the things you said." Qin Feng said seriously: "The reason for their failure is that they are indiscriminately issuing paper money and printing paper money without restraint. Since we have learned from the past, we will naturally not repeat the same mistakes. My idea is to use gold and silver as the valuation model of banknotes to strictly control the issuance of currency. It can be overissued, but it must be within a controllable range."
"What you mentioned is the top priority. As long as there is no problem with the national credit, I believe that there will be no problems with our banknotes."
"Your Majesty, and the people's habits."
"Habits are slowly cultivated." Qin Feng chuckled, "After the issuance of paper money, the state collects taxes, only paper money, all kinds of expenses, and only paper money, the salaries of the army, and the salaries of officials will be paid in paper money. In the future, the relevant procurements of the court, including the various procurements of the army, can only be paid in paper money. If merchants want to do these business, they can only accept and use paper money."
Su Can remained silent.
Looking at Su Can's expression, Qin Feng said, "Of course, this is just my idea. Su Can, think about it, whether it is copper coins or cash, it is not so convenient to use. There are no small amounts of silver notes, and the common people have mostly copper coins, so it is not easy to carry them on a daily basis. If you really want to circulate the banknotes, it is also a good thing for the people. You should think about this matter carefully. I am going to let you be responsible for this matter. You can organize an institution and find the people you think are suitable to prepare for this matter. If you do this matter well, you will be the next Minister of the Ministry of Revenue. I can tell you clearly that at that time, you, the Minister of the Ministry of Revenue, will not be the same as your father's Minister of Revenue. Are you going to accept my appointment?"
Su Can bit his lip and hesitated and said nothing.
Qin Fengyangyang said the Money in his hand, "From this book, you have great ambitions. I read it from it that you actually want to build an economic empire. I provide you with such an opportunity. If you can turn all the ideas in this book into reality, then your economic empire will be considered successful, and my Ming Empire will also use it to stand out in the struggle for all the heroes. As you said in the book, the struggle of power will eventually be implemented in the struggle for money. The word "rich country" is in the head. What I hope is that in the end, our Ming Empire will not only dominate the whole country in terms of force, but also, our monetary and economic policies can also dominate other countries at will. At that time, what is difficult to unify the world?"
Chapter completed!