What is the function of currency? Everyone has seen the two items of circulation and storage. This year, a large number of cotton cloth on Jingxi Road was launched, which immediately caused a shortage of copper coins, which means insufficient circulation. Another important one is that it is the value scale, and there is no clear understanding of this era.

The natural agricultural economy is the main focus, and commerce is just a supplement, and the function of the value scale of money is not so important. Without money, you can also use grain and silk as the value scale. The Tang Dynasty once mainly used silk and was directly linked to copper coins as part of the currency. Not only did it not cause chaos, but it also effectively controlled the chaos caused by issuing heavy treasures and big money. Only under the conditions of commodity economy, the value scale role of the currency is indispensable.

The reason why cotton cloth has been launched in large quantities this year has been discomfortable from local to central government after it was launched, and even caused some confusion, is that cotton cloth has been commercially produced and market-oriented. With such a large scale, it is strange that it is possible to be safe and sound when it is concentrated on impacting the original natural economy.

This is Xu Ping's purpose. He wants to use the commodity economy to impact the natural economy, so that the commodity economy will be free from the old constraints and become the mainstream of society. The more intense the impact this time, the deeper the impression it will impress the officials across the country, and the more it will force them to adapt to new things and think of new ways. As long as a new system to adapt to the commodity economy is established from this, it will be irreversible from then on, and a new era will surely come. In this sense, everything is worth it.

Lu Yijian obviously did not realize this revolutionary change and stubbornly adhered to the old track. According to the old perspective, the prosperity of the cotton cloth business did not bring much money and grain from the court. The increased income was only left on the books. Isn’t everything on the books false? Compared with this false money, the troubles are real now.

All this trouble was caused by Xu Ping's willful and arbitrary behavior on the West Road of Jing. Wang Zeng actually spoke to Xu Ping, so we suppressed it together, which would be of infinite benefit to him. In the past two years, Lu Yijian's ability to control the government has been much stronger than when Xu Ping was in the capital. What he didn't want the most was change. As the development continues now, even Wang Zeng will soon be marginalized, and Lu Yijian's status will be as stable as a rock.

When Xu Ping was the deputy envoy of Yan and Iron in the capital, Wang Zeng opposed the change. Because the emperor had just had a new policy and lacked political experience, young people were impulsive, and the chaos in the capital was prone to cause chaos. Now Xu Ping is on the West Road in Jingxi, and the harm of the change is not as great as before, and Wang Zeng's attitude has become tolerant.

Lu Yijian has just begun to master the government affairs, and the new changes have the greatest impact on him. He does not allow any slightly larger changes. Whether it is promoting the new policy of money houses or claiming to bring silk, it will impact the current officials' exams, which will affect the promotion of officials. This is what Lu Yijian does not allow, and in his eyes, human rights are the top priority.

Seeing the atmosphere in the hall, Zhao Zhen coughed lightly: "What Xu Ping did on Jingxi Road is not Meng Lang. The troubles are still the troubles caused by too much money, and it is not a big deal. This year, there are billions of cotton cloth on Jingxi Road, which is a real achievement. Can't we say that we have not seen money and grain? Because of the sales of cotton cloth, even Kaifeng Prefecture has collected a lot more commercial tax than in previous years. The world still sees these things. But there is a lot of copper coins in the world, and so many more cotton cloths are added to exchange for money at once, which makes it seem less money. Today, I will discuss this point alone."

Lu Yijian held the scepter and said, "What Your Majesty said is very true. Xu Ping is known to you. He is determined to do something, and his intentions are always good. But after all, he is young and can't tell the difference between things. Cotton is a good thing, but how can the world bear it when selling it like this all at once? According to my opinion, it is better to do it step by step and slowly increase it."

Seeing that the king had not spoken, Zhao Zhen had to say to Lu Yijian: "I don't know what good strategies do you have?"

Lu Yijian said: "Cotton is listed, first, it suppresses the price of silk. Silk and copper coins are the foundation of the world. Once the price changes suddenly, it will be shaken. Second, cotton is very different from silk and ramie. Silk and ramie are both produced in the households. The court collects taxes and enters the treasury, so there is no money. Silk and ramie are stored in the treasury, and can be used as money. When it is released, it can be collected as a private copper coins into the treasury. This is a benefit. The cotton used in cotton is produced in the field business, and cloth textiles are used in various places in Henan Prefecture. Everything has nothing to do with the people. Money is used everywhere in the middle. Even if cotton is not as large as the eleventh volume of silk in the world, the money required is far from comparable to silk. How much cotton has been produced on the West Road in Jingxi this year? Compared with the two taxes, it is naturally more, but the number of silk and ramie produced in the world is not worth mentioning. The amount is not large, but it uses a huge amount of money. Obviously, there is something wrong in the middle."

Song Shou said on the side: "Mr. Lu's words make sense! In fact, just from the quantity, cotton cloth is far from being compared with silk and rami. Xu Ping used to be in Yongzhou and Yongzhou's rami cloth was also spread all over the world, but when did you hear that you were short of money because of too much rami cloth sold? According to my opinion, there must be something strange about this! I heard that from Jingxi Road, from selling cotton in the field to selling yarn in the spinning field, cloth in the weaving field, dyeing field, dyeing field, all colors are settled with copper coins, which is very different from before. In the past, whether it was silk or rami cloth, the cloth itself was money, and I didn't hear that it had to be replaced with copper coins. It was because Jingxi Road did not allow cotton as money from the beginning that it often used huge tens of thousands of dollars, which caused today's dilemma."

This has actually begun to slowly talk about the key to the matter. Xu Ping wanted to engage in a commodity economy and cut off the possibility of cotton as currency from the beginning. This industrial chain needed huge amounts of copper coins. If cotton as cloth is also used as currency, the copper coins required in the middle link will be greatly reduced. When foreign military trade, if cloth is allowed to be exchanged and some barter transactions are retained, it will not cause such a large copper coins gap.

But in that case, it was far from Xu Ping's original intention, and finally became a confusing account that was unclear. The production chain of cotton cloth was absorbed by the original natural economy, and it became difficult to establish the chain of commodity economy.

After Song Shou finished speaking, Yan Shu and others nodded one after another. This made sense. If the cotton cloth industry slowly grew up and gradually formed a fixed exchange ratio with the original cloth, it would not have had such a severe impact on the original economic system. Where did so many things happen now? In this way, Xu Ping was indeed too radical in his actions.

Zhao Zhen also felt that this was reasonable and his trust in Xu Ping was a little shaken.
Chapter completed!