Small means can indeed be maintained for a period of time, but real strength can determine everything, Zhang Jian's so-called an official is not printed into an empty word, when the officials in the capital rushed to the storm passed, the court of the Liao Dynasty understood a truth.

Faith is the ultimate guarantee of officials, as long as the faith of the people is satisfied, there will be no problem with how many officials will be printed, which is obviously a stupid paradox of self-deception.

But all this in front of me is really "convincing", Da Liao did not fill this hole, when the people believe that there is always money to exchange, when the people believe that there is not enough gold and silver to exchange just because it has not arrived, many people began to continue to use the official, and some people began to exchange the gold and silver again into the official.

So Da Liao once again restored the peace of the past, and the official even reached the best state when it was just released, and the consistent official is equal to the consistent Jiaozi, equal to one tael of silver, and equal to a thousand yuan......

In this economically immature country, the price of paper money is dominated by credit, rather than gold and silver reserves, and Zhao Zhen was shocked when he saw the secret report from the Liao Dynasty, and spurted out the tea in his mouth in shock.

What an arrogant move! Even in later generations, it has gone through countless generations of exploration before daring to take credit currency as the lead, and the Liao Dynasty even issued a law for this purpose, stipulating that the market can only be traded by officials, and if you want to exchange gold and silver, you can only go to the money bank of the imperial court!

That is to say, in the market, these officials are completely decoupled from precious metals, and no longer directly represent any precious metals, but can only use these officials to exchange gold and silver for the imperial court's bank.

This is something that the Great Song Dynasty did not dare to do, but it was first applied to the economy by the Liao Dynasty, Zhao Zhen was in a trance, and the backward Liao Dynasty actually surpassed the Great Song Dynasty to complete the transformation of gold and silver standard currency to credit currency in one fell swoop.

Zhao Zhen did not lament the advanced thinking of the Liao Dynasty, but lamented the stupidity of the officials of the Liao Dynasty and even the emperor Yelu Hongji, who dared to play with credit currency without sufficient gold and silver reserves, which was simply asking for his own death!

Even with the current gold and silver reserves of the Great Song Dynasty, Zhao Zhen did not dare to touch the slightest bit of drinking currency, because he knew that the slightest carelessness would be a catastrophe, and the countries with the world's largest gold reserves in the future would have a financial crisis.

casually put the secret report on the palace candle and burned it, Zhao Zhen fell into deep thought, since the Liao people have begun to change the officials into credit currency, should they add a handful of firewood?

There are also a large number of imitations of seamless Liao officials stored in the courtyard, if these officials are put into the market of the Liao Dynasty, it is impossible to say that these officials will become the "bomb" that detonates the Liao Dynasty......

But Zhao Zhen felt that he didn't need to do this, with the withdrawal of the Great Song Dynasty merchants, with the construction of the stretching Great Wall, the officials of the Liao Dynasty could only circulate in the Liao Dynasty, but the Great Song Dynasty did not recognize its status at all, which would not affect the Great Song Dynasty.

The biggest defect of credit currency is that the government will print uncontrollably, which has appeared in the history of China, and the treasure banknotes of the Ming Dynasty have embarked on a road of no return to destruction.

Even if the value of paper money is stipulated in the legal situation, if you do not pay attention to control, once it is indiscriminately issued, there will be a disaster, the court of the Ming Dynasty is like this, the old banknotes on the market are not recovered and destroyed, and a large number of treasure money is continued to be found, and finally the value of the treasure banknote has become waste paper from the original consistent nine hundred wen.

The rate of depreciation is staggering!

Now the same is true of the Liao Dynasty, even if it is beautifully printed, what is the use? What's the use of changing the name of an official to hand over money? Without gold and silver as reserves, the banknotes will collapse at the touch of a button!

Zhao Zhen smiled and ignored this matter, the current Great Song Dynasty does not need to be involved at all, the Liao Dynasty's own economic system will soon collapse, and the Great Song Dynasty is about to use troops against the Jurchens............

For Zhao Zhen, the Jurchens were like a fixed bomb entrenched in the east of the Liao Dynasty, and the Liao people themselves felt that there was no problem, but once a war broke out between the Song and Liao, the Jurchens would never stand idly by, and would inevitably break away from the control of the Liao people and go to the dynasty on their own.

This is a very terrible thing, the history of Dajin is like this, the Jurchens were originally vassals of the Liao Dynasty, and after the Yan Department unified the Jurchen tribes, they raised troops against the Liao, and reached an agreement with the Great Song Dynasty to divide the Liao Dynasty.

But then the result is to push the Great Song Dynasty to the destruction again, history proves that this is in the front door to reject the tiger, the back door into the wolf, now the Great Song and the Jurchen have reached a trade, although there is no important strategic resources to transport to the Jurchen, but sufficient food can make the Jurchens strong.

The old grain of the Great Song Dynasty had a new market, and the price doubled after it was transported to the Jurchens, and the Wanyan Department purchased a large amount of grain, because it was located in the north, and the cold weather allowed these grains to be preserved for a period of time, but after all, it was not long, so the Wanyan Department could only use these grains to win over the small tribes as quickly as possible.

And the Great Song Dynasty has built several cities on the edge of the Jurchen East Coast, although the scale is not large, but all of them are fortified fortresses!

And build the city in the shape of a zigzag, so that the side can garrison to the greatest extent to ensure the safety of the city, and the Great Song Dynasty is in the middle of the three cities, which is firmly protected.

Zhao Zhen had already ordered the dispatch of the navy and the elite from the forbidden army, and the second army was naturally not spared, forming a new army of 200,000 people to go to the transit station of the Wa State in three years, and during their stay in the Wa State, they cleaned up the armed gate lords of the Wa State, nominally to help the Queen of the Wa State clean up the rebellion and unify the Wa State, but in fact, they were promoting the existence of the Great Song Dynasty and training soldiers to sharpen their knives............

The opening of the Haidong Protectorate of the Great Song Dynasty is not a fictitious thing, and it is the purpose to let the Japanese feel the pressure of the Great Song Dynasty with the pain of their skin.

200,000 people were completely enough to deal with the Jurchens, although there were not a few Jurchens, but they mostly settled in a tribal way, and the direction of Zhao Zhen's troops was not the mature Jurchens controlled by the Liao, but the Jurchens in the north.

This avoided the conflict between Song and Liao to the greatest extent, of course, attacking the Jurchens in the back garden of the Liao people, it was impossible for the Liao people not to be afraid, but Zhao Zhen had already taken good measures, if the Liao people planned to aid the Yan Ministry, then the Great Song Dynasty would gather heavy troops on the edge of the Great Wall of Beiping Mansion......

This was a kind of strategic blackmail against the Liao, making the Liao people mistakenly believe that the Great Song Dynasty was going to carry out the Northern Expedition, so as to turn their attention to Zhongjing Dao rather than on the birth of the Jurchens who had nothing to do with them.

Wanyan Ugunai has a nickname called ...... Hu Lai, young and vigorous, he used the spirit of Hu Lai, using the grain and exquisite porcelain of the Great Song Dynasty to buy small tribes, and conquered the five parts of Baishan, Ye Confession, Tongmen, Ye Lazy, and Tu Gu Theory.

made Wanyan become the most powerful existence among the Jurchen tribes in one fell swoop, and Zhao Zhen felt that the current Jurchen was enough, and he couldn't let him develop, and the Liao Dynasty should also discover this problem, so he began to increase his troops in Liaoyang Mansion in Tokyo, and recruited mature Jurchens to arm and guard against the rise of Wanyan Ministry.

Although Wanyan Wugu was the "loyal dog" of the Liao Emperor, no one could guarantee that he would not rebel against his master, so the Great Song Dynasty sent troops when the Liao people and the Wanyan tribe were filthy to each other............