Fan Zhongyun took out a copper coin from his arms and handed it to Li Xun.

Li Xun took the copper coins and looked at them.

The copper coins are very new, and the style is still the same, with the words Kaiyuan Tongbao printed on it.

Li Xun said to Fan Zhongyun: "Is this new money minted?"

Fan Zhongyun said: "The court has prepared to mint new money on a large scale to make up for the serious financial shortcomings."

Li Xun said in confusion: "I'm afraid the problem cannot be solved by relying solely on copper coins?"

Fan Zhongyun said in a faint voice: "The court has decided to release the... casting rights of copper coins."

After hearing Fan Zhongyun's words, Li Xun was quite surprised, pondered for a moment, and then said, "If it operates well and is completely relaxed, it will be good for the country... in fact."

Fan Zhongyun sneered: "Do you think it's possible?"

Li Xun remained silent.

This is indeed very difficult.

What is difficult is not the policy, but the people.

Good policies also need to be implemented by officials. If officials themselves do not abide by them, good policies may become disasters in the end.

The importance of coins to the country is self-evident.

In order to speed up the speed and quantity of copper coins, the imperial court once granted the foundry rights to the local government, but in the end it caused serious consequences, with the flood of private money and the quality of bad...

In order to curb this phenomenon, the court then took the right to cast copper coins to the central government, and then severely cracked down on the production of private coins. Even if ordinary people secretly cast a penny of copper coins, it would be a death sentence for the whole family to be executed.

Strict measures have indeed greatly eliminated the manufacturing of private money and ensured the quality of copper coins. However, the overall quantity has declined severely, resulting in a significant reduction in the fiscal revenue of the court.

Everything has its pros and cons.

When the new emperor ascends the throne, they will launch new copper coins, new emperors and new atmosphere, embellish peace, and strengthen their sense of existence. There are many benefits.

Li Xun put down the copper coins in his hand and sighed: "I hope things will develop in a good direction."

I am now at home, so it’s not my turn to worry about these things.

Fan Zhongyun said in a faint voice: "Do you think I'm talking about the right to cast copper coins?"

Li Xun was slightly stunned and looked at Fan Zhongyun: "What do you mean?"

Fan Zhongyun said: "Don't you think this copper coin looks very good?"

Li Xun picked up the copper coin and looked at it carefully for a while, then nodded and said, "It's really beautiful."

After saying that, Li Xun said to Fan Zhongyun in confusion: "It's a good thing to be beautiful, isn't it right?"

Fan Zhongyun sneered: "Beautiful things often come at a price."

Li Xun asked: "What is the built-in ratio of this new money?"

Li Xun obviously had guessed something, and suddenly asked the key to the matter.

“June 4th.”

"Copper, six, lead, and four?"

"Yes!"

Li Xun frowned immediately.

The proportion is too high.

During the reign of Emperor Xingzong, the proportion of copper coins was half of copper and half of lead, which was too high. Therefore, at the suggestion of the minister, Zhao Zhi quickly adjusted the built-in ratio of copper coins, from half of copper and half of copper and lead to four and six copper. Although the appearance of copper coins did not look so good, it eliminated many disadvantages.

The exchange ratio of copper coins and silver in the market is different from the governments in different places, but the gap is not big. They are all maintained between 950 and 980 cents and exchanged for one or two taels of silver.

If the new money in Li Xun's hands is invested on a large scale, it seems to be a great thing for the benefit of the people. Because the proportion of copper increases, the copper coins will naturally appreciate accordingly. The original exchange ratio will become 800 coins of copper coins, exchanged for one or two silver.

But the same is true. Good policies also need to be implemented by officials. If officials themselves do not abide by them, good policies may become disasters in the end.

Zhao Xun is now promoting new money. If it is to whitewash the peace, it will not be a big problem, because in this way, the quantity will not be large, and the impact will naturally not be large. However, if it is to facilitate the circulation among the people, it will inevitably require large amounts of casting. In this way, the consequences will be completely different.

No, definitely not.

After the new money comes out, it will definitely be acquired by major wealthy families and profiteers on a large scale and melted the copper out again.

The state stipulates that copper coins cannot be cast privately, but after I melted the copper coins and cast them into copperware for sale, the price will be even higher. Once the handover is changed, it will be several times, or even dozens of times, so that I can make money from the country in disguise.

According to the official regulations of the court, one tael of silver was exchanged for one thousand coins, but among the people, one tael of silver could only exchange for four hundred coins. This was the evil result of collusion between governments and wealthy families in various places.

The country spent such a huge price, but in the end, it made the officials and wealthy families cheaper.

The people at the bottom had no choice. Their class had no money. If they wanted to exchange copper coins, they could only go to the government and local landlords and wealthy families. The final result was that one tael of silver could only be exchanged for 400 coins of copper coins.

This has led to many poorer places where the people have no money at all and can only trade goods for goods.

The value exchange brought about by exchanging goods will definitely be greatly reduced.

Li Xun held the new money in his hand tightly and said in a deep voice: "Can the emperor not see such a simple truth?"

Fan Zhongyun shook his head and sighed, "In order to implement the new policy and to carry out the reform smoothly, the emperor has been desperate. The disadvantages of new money are very big, and the emperor should be able to see it, but he is still ready to implement it. Although we don't know what the reason is, it must have a lot to do with the aristocratic family group."

The three of them talked for a while, just as Fan Zhongyun and Sima Tu stood up and prepared to say goodbye and leave.

A knock on the door suddenly sounded, and Liu Shan's voice came out: "Lord, I have something to ask for my opinion."

When Li Xun and others heard Liu Shan's voice, they were slightly stunned. Today is the first day of the Lunar New Year, and it is so late again. There is nothing special about it. Liu Shan cannot come here now.

Li Xun winked, and Sima Tu hurried over and opened the door.

"See the lord."

After Liu Shan came in, he half-knelt down and saluted.

"Get up."

Li Xun asked, "Come here so late, but what's the urgent matter?"

Liu Shan nodded and said in a deep voice: "Zhai Hongliang is dead."

Zhai Hongliang is dead?

Li Xun was stunned. After a moment, he asked, "Did you die in the palace or at home?"

Zhai Hongliang also went to attend the New Year’s Eve dinner in the palace tonight.

Liu Shan said: "After Zhai Hongliang returned home, he suddenly became ill and went to several doctors, but in the end... he was still not saved."

Li Xun saw the hesitation on Liu Shan’s face, so he said calmly: “Say everything you have. There are no outsiders here, so don’t hide it.”

Liu Shan said: "Around Zhai Hongliang's mansion... there are soldiers from the Sili School Guard's Mansion... No one is allowed to enter except those doctors."
Chapter completed!