Font
Large
Medium
Small
Night
Prev Index    Favorite Next

Chapter 415 Three kinds of new money

When she decided to open a money shop and developed the financial investment industry in Datang, she knew very well that Li Anran, who had a very imperfect original monetary system in Datang, decided to promote paper money, that is, money bills, and also designed and created a batch of new money.

Although Li Anran knew that the appearance of paper money in the original (history) and (history) was an inevitable process, considering that there was no concept of paper money in the Tang Dynasty and the difficulty of promoting paper money, the emergence of new money became a key step.

However, when Li Shimin picked up a cylindrical paper bag marked with ten taels of gold and opened it, he was surprised to find that the so-called gold coins here are not only more exquisite and beautiful in shape, but also different from ordinary coins, and there are no square holes in the center.

"Real person, why does this kind of gold coin look like this?" Li Shimin, who picked up a gold coin and played with it in his hand, looked at the zodiac pattern, year number, and clear currency value on the front and back, and asked.

Li Anran, who knew that the other party would ask this question, explained with a smile: "Your Majesty, the reason why traditional coins are cast into square holes is on the one hand because they mean "the sky is round and the place is" and on the other hand, it is to make coins easy to carry."

Speaking of this, Anran Li also gestured to string the rope through the middle of the coins, and then continued: "But in my opinion, the most important reason for minting coins into square hole shape is that this shape is more material-efficient."

Li Shimin quickly reacted to this statement. At that moment, he nodded and said, "What the real person said is very true. So why does this kind of coins from real person make this look? And what is the effect of teeth marks on the edge of the coin?"

In theory, the coins in front of them are definitely privately made counterfeit coins if they really need to be pursued. However, as His Majesty the Emperor of the Tang Dynasty, Li Shimin seemed to have never thought of this problem, and he did not even have the intention of pursuing them or being furious about them.

As for Li Anran, he naturally would not say that the reason he minted this kind of gold coins was entirely because he borrowed the shape of later coins. Instead, he said with a smile: "Your Majesty, since it is new money, it must be different from old money. Otherwise, problems will be prone to problems."

"As for the teeth marks on the edge, on the one hand, it is for aesthetics and anti-slip effects, and on the other hand, it is to prevent someone from scraping off a part of it to make a profit. Once the merchant receives coins whose teeth marks are scraped, he will reduce the loss by weighing it."

"It was originally like this." I quickly figured out that this problem should refer to the forged Li Shimin. I have to admit that using the teeth marks on the edge of gold coins to prevent people from making illegal profits is indeed feasible. It is also very necessary.

After all, it’s fine if copper coins are not worth it, and even if they are not worth it, it doesn’t make any sense to scrape it. But silver and gold, which are obviously much higher, are different. Although they can’t scrape much on a single coin, they can’t hold back the accumulation of small amounts, which is worth it.

The most important thing is that this behavior will greatly affect the circulation of the coins themselves. Once a large number of scrapped coins appear, it will inevitably make the people disagree with this coins, and Li Shimin has encountered this.

After all, the act of privately casting copper coins has been inevitable from ancient times to the present. In modern times, various anti-counterfeiting marks have made it easier to distinguish (counterfeiting) (bills) more and more easily distinguished, but even so, counterfeiting is still a thing that is banned.

In Li Shimin's opinion, not to mention other aspects of the gold coins in his hand, the shape and craftsmanship alone can definitely eliminate the possibility of forgery to a large extent. At least, as the king of a country, I have never seen such exquisite coins.

Take the flying dragon pattern on the front of this gold coin for example. Not only is it so delicate that even a piece of dragon scale can be seen clearly, but even the beard next to the dragon's mouth is also visible. Li Shimin really couldn't figure out what kind of skills can condense such a fine pattern into a small coin.

However, when Li Shimin couldn't figure it out, he was not surprised again when he thought of the various magical powers that the man in front of him. After all, compared with those mysterious magical powers, these small methods are really worth mentioning.

Thinking of this, Li Shimin disassembled the other two round strip-shaped paper bags in the box with different colors. Unexpectedly, he saw that the style was exactly the same as the gold coins just now, except that there were some silver coins and copper coins in different sizes.

"Half-two-legged silver? Is it a five-cent?" Looking at the face value on these two coins, Li Shimin asked in confusion: "Real person, half-two-legged silver is nothing, but will this copper coins as a five-cent copper coin have a too large face value?"

Regarding such a question, Li Anran explained without surprise: "Your Majesty, the reason why he made the face value of copper coins into five documents is naturally not a fool. First, the money is not only good (color), but also the materials used are indeed much better than ordinary copper coins."

"Is this the second thing? With this kind of five-month copper coins, when encountering some small transactions, the old money can continue to be used. Otherwise, once a single-month copper coins are made, the old money that is relatively different (color) will be eliminated."

Faced with such an explanation, Li Shimin, who had read the book "Theory of Currency" before, could understand the meaning in it. He nodded and said, "With these three currencies, can we avoid the possibility of bad money driving out good money?"

"Your Majesty, the so-called 'bad money drives out good money' phenomenon is generally based on information asymmetry. If both parties in the transaction have a very good understanding of the (production) or the authenticity of the currency, it will naturally be difficult for the holders of the bad money to use the bad money in their hands."

"At that time, even if the bad money is still not completely eliminated, it can only be used according to the 'actual' value of the bad money rather than the 'legal' value. Of course, deliberate deception is another matter." Looking at the coins spread on the other party's desk, Li Anran said with a smile.

"Real person, then the money tickets you issued are again..." Putting down the three coins in your hand, Li Shimin took out a few paper money with different denominations from the box, but the surface pattern is much more refined, complex and colorful than the three coins, and asked.

Li Anran is actually very clear that whether he opens a money dealer, issues new money, or even engages in investment and financial management, even with the magical powers he shows, even if Li Shimin sees something, he will not turn against him for this matter.

After all, new money is also money, not to mention the gold, silver and copper coins I issued myself. No matter in terms of shape, anti-counterfeiting technology, or (color), it is definitely not comparable to those low-quality old money circulating today.

From the perspective of the interests of the Tang Dynasty, the more new money is issued, the more it is not a bad thing, but a good thing. Don’t say that just by nationalizing the new money and then recasting it into old money, the profit from this in and out is already quite considerable.

Although silver and gold are not currently circulating currencies, the value of these two precious metals is not limited to the currency field. Even in the fields of jewelry, handicrafts, etc., the value is even higher.

Just like before, some people used to recast a large amount of copper coins into various copperware to make huge profits, the more silver coins and gold coins were issued, the same as copper coins would be. For the Tang Dynasty, it would not have any benefits but no harm, and at least it would have more benefits than disadvantages.

As for investment and financial management, it can indeed promote the prosperity of Datang's business. In addition, the (business) (industry) (tax) that has been piloting very well on the commercial streets, even if the Tian Dynasty (people) (people) (banks) can make huge profits from it, Datang can also benefit.

In this case, Li Shimin will stop himself only if he has a problem with his brain.

According to Li Anran's estimate, the only thing that could make Li Shimin, the Emperor of the Tang Dynasty, as well as the ministers and prominent families not very satisfied is that the big head of profit will be occupied by the Celestial Empire (people), (civilians), (banks), which is to put it bluntly, it is jealous.

Fortunately, whether it is in terms of the benefits of the emergence of the Celestial Empire, or the powerful magical powers you show and the mysterious background of the true immortal in the upper realm, it is enough to suppress the scene, and there is no need to worry about any problems.
Chapter completed!
Prev Index    Favorite Next