"My ministers have clearly stated the disadvantages of paper money, but why do you keep silent about the benefits of paper money?"

It was not until the emperor finished speaking that the emperor spoke slowly.

After this, the hall suddenly became silent. The martial arts and honors looked at the civil officials with interest, but the ministers present at the court kept silent.

Li Changhe was also frightened at this moment. Who dared to answer this question?

Seeing this, the emperor did not force it. He naturally understood that even though the vision of these civil officials was limited by the times, they could not see the means of spending money in later generations.

But from the Han Dynasty, there were white deer coins, to Song Jiaozi and Ming Baochao, these important officials who dominated the policy of a country, would undoubtedly be nonsense if they could not see the benefits of paper money.

The benefits of paper money that can be reflected in this era have long been clearly reflected.

But the most important advantage of banknotes is also the most unsolvable problem, and this problem is also the most important reason why the ministers keep silent.

A copper coin is a coin, but if the imperial court wants to issue copper coins, it must be minted with copper coins.

But Daheng lacks copper. No matter how much Daheng finance lacks money, it will be limited to the scarcity of copper, which is the metal that wants to convert coins into coin tax.

The circulation of silver notes is very useful, but the denomination of a silver note corresponds to the silver deposited in the bank.

It is impossible to achieve multiple occurrences.

However, the corresponding raw material of paper banknotes is just a piece of paper.

In a sense, you can send as much as you want.

The simplest problem is that nowadays, the imperial court is short of money and can only increase fiscal and tax revenue through various means.

But if paper money is prevalent and the court lacks money, then who would be willing to take thankless measures to increase fiscal and taxation? If you lack money, just print money.

And this right cannot be effectively resolved or effectively controlled.

Now, he, the emperor, is arbitrary and wants to be over-the-shelf, but no one can stop him. In the future, he will be difficult to stop him when he encounters a foolish monarch. Even if the imperial power is suppressed and the civil servants continue to be powerful, this power is easily abused.

This is a poison wrapped in honey. The lessons from all dynasties have clearly explained this.

The emperor did not let the silence last for too long. He looked at Li Changhe, the head of the Daheng Money House, and slowly spoke: "Changhe, you are in charge of the money house, tell me the benefits of the banknotes."

"Caomin..."

Li Changhe stood up in shock and bowed to the emperor, his voice trembled: "The people of the grass think that the benefits of paper money lie in circulation, silver and copper coins are heavy, and trading by merchants is extremely inconvenient..."

As he spoke, Li Changhe calmed down. He knew that this was a huge opportunity for him.

The emperor wanted to promote paper money, but he was obviously quite concerned, and the ministers of the ministers of the ministries were also very concerned. If he could come up with favorable arguments in this, he would definitely make a big splash.

Moreover, if paper money is promoted, it is the money house that cannot be separated!

"The people of the grass think that the benefits of paper money are far greater than disadvantages."

"If the current stability is stable and the people are becoming richer, but the scale of the court's coins is limited by the supply of copper ore, and the scale is very small and far from supplying the market needs..."

"Gold and silver are valuable, and the vast majority of gold, silver and copper are stored among the people, and only a very small number are circulated on the market. The currency is not circulated, which has a great impact on the court's finances and taxes..."

"Furthermore, our dynasty attaches importance to business, and commercial trade will inevitably become more prosperous in the future. With silver and copper as coins, the court cannot effectively coordinate the world's coins, and it is also difficult to coordinate the benefits of business in a targeted manner."

"Only by promoting paper money, abolishing the monetary status of gold, silver and copper, the wealth of the world can be fully under the control of the court. In this way, we can achieve true peace and stability in the country, prosperity and strength in the people..."

As for this, Li Changhe paused for a while, bowed to the emperor and the important civil and military officials, and said again:

"In addition, among the Daheng Money Bank, there are dedicated people who work to count the money bank's entry and exit books over the years, and there is also a summary of the entry and exit books of major commercial banks."

“There is a question that deserves attention.”

This statement immediately attracted the attention of the emperor and his ministers. The emperor nodded: "Let's say it."

"If there is any shortcomings in the people, please forgive me if you have any doubts."

Li Changhe bowed to the emperor again.

In this way, the emperor couldn't help but raise his lips slightly and smiled: "Today's discussion, speak freely without any scruples."

"Thank you, Your Majesty!"

Li Changhe pondered for a while before he slowly spoke: "The people of Cao thought that the essence of money is just a substitute for the flow of goods for matter."

"This substitute can be anything, as long as this thing can play a role in circulation and substitution."

"Therefore, the people think that money is not important, but what is important is the object represented by money!"

"But over the years, according to the statistics of money houses, a large amount of silver is circulated into Daheng every year from overseas Western barbarians, and then this silver will buy a large amount of domestic supplies in Daheng."

"And these silvers have no value in themselves except for the alternative value of the goods."

"In other words, overseas Western barbarians exchanged countless piles of metals that were not very useful for exchange for a large amount of supplies from my Daheng."

"And the massive amount of silver flowing into my Daheng will inevitably lead to a depreciation phenomenon like the previous Mingbao Banknote. Now, the value of silver is stable because most of the silver is regarded as the heirloom of family property by the people and hidden in their homes."

"But with the prosperity of business, these hidden silver circulate, and the rapid flow of overseas silver will inevitably lead to the depreciation of silver like treasure banknotes."

At this time, an official from the Ministry of Revenue interrupted: "This problem... As long as my overseas trade in North Korea is becoming more and more prosperous, the circulation of silver forms mutually. This problem is not a problem. In this way, it can greatly increase the court's tariff income."

"What the adults say is reasonable. Both gold, silver and copper are substitutes for matters. As long as they are circulated with each other and maintained a positive cycle, the disadvantages will naturally not be great."

Li Changhe nodded: "Gold, silver and copper are coins, which are Daheng, and are also currency recognized by the surrounding countries and even many Western barbarians overseas."

"But this currency is a currency recognized by all countries, but it is also a currency that no country can dominate."

"After all, every country basically has minerals like copper and silver."

"But if our dynasty issues paper money and uses trade circulation, the surrounding countries, and even many Western barbarian countries overseas, agree with the paper money of our dynasty..."

As for this, Li Changhe was neither humble nor arrogant, but a light that had never appeared in his eyes. When all his ministers bowed, he said, "I wonder, if you reach this point, how much is the benefit of paper money?"

As soon as this said, the Ganqing Palace suddenly became silent like death. Of course, those present were not stupid people. They had already understood the nature of money clearly. Wu Xun had not yet reacted to this association, but the civil servants present even breathed rapidly.

If you really get to that point, you will use a piece of worthless paper, which can be said to be plundering the wealth of countless countries.

And this piece of paper represents money, how powerful the money is, and the money system of Daheng’s money shops and merchants has been clearly explained.

After all, they are strictly speaking, the civil servants are completely locked down by this money system.

Otherwise, Daheng could defeat the world with force alone, but it would never be impossible to sit firmly in the world as now.

It is precisely because of this money system that serves as the most solid foundation of Daheng that Daheng has the current great governance life!
Chapter completed!