"Issuance ...... Currency! Zhang Weixian was stunned.

This is a head-killing thing, isn't the prince joking again?

"Lord Wang, minting coins without permission is a capital crime for the nine clans." Mu Tianbo was also frightened.

"Look at the cowardice of the two of you, this king is not stupid, naturally it is issued in the name of the household, although the time is not ripe enough, but the equipment of the coinage must be prepared in advance, right?" Liu Hong gradually became angry.

"Isn't there a ready-made part of our imperial court? As far as the treasure banknote lifting division is concerned, it is not the prince, and the coinage is a loss-making business, so we can't touch it! Zhang Weixian was anxious when he heard it.

Both of them are business tycoons, so they naturally know what to do to make money and what to lose.

In Zhang Weixian's view, in this world, there is no profit in the business, and coinage is one.

Daming coinage, taking copper coins as an example, the manufacture of copper coins is all manual, a copper coin from the copper mine, to the finished product, the process is so complicated that it is outrageous, so that a mature craftsman can not produce much in a day.

Copper mines need money, managers need money, and craftsmen also need money, but a copper coin is only worth a few dollars, and the copper coins made in a month of busy work are not enough to give the cost, who believes this?

But that's the way it is, who says there are no machines at this time?

And the paper money is even more tricky, if you talk about it, you have to start with the founding emperor Zhu Chongba, Zhu Yuanzhang set up a treasure banknote lifting department to print banknotes for the Ming Dynasty.

But at this time, people didn't know what inflation was, let alone what general equivalents were, so they could print hard.

At first, the old Zhu family thought it was very cool, when the treasury had no silver to spend, they would print money, how much money they wanted, and the printed paper could be used as silver flowers, and it was beautiful to think about.

But the good times did not last long, due to the indiscriminate issuance of banknotes, resulting in the original one or two silver can be bought, congratulations, if you use banknotes, you have to carry a bag of Daming treasure banknotes.

The old Zhu family still printed it happily, and also used treasure money to reward meritorious officials, and even used treasure money to pay salaries to court officials.

In the end, by inflating to buy a bucket of rice, you need to pull a cart of treasure money to exchange, and the credibility of the treasure money is completely lost, and it becomes the people's butt wiping paper, until it is abolished a hundred years later.

But the treasure money lifting department of the household department still retains the yamen, and even Liu Hongji's father is still working as an idle errand in the lifting department, which is a real idle errand, and there is no salary for the fart thing.

Zhang Weixian thought about it and felt that he had to break Liu Hong's mind to gradually engage in currency, they are now grasshoppers on a rope, and they can't mess around.

"What's it, can the king of the Lifting Division's broken treasure banknotes be able to see it? This king is going to do a big ticket this time! Liu Hong gradually waved his hand and began to draw a blueprint for the two of them.

The currency he wants to issue is not a treasure banknote without any credit value like Zhu Chongba, let alone a copper coin that not only does not make money but also loses money.

Why did the Ming Dynasty use copper to mint coins, the reason is very simple, the silver is less, so little that it affects the people's food, clothing, housing and transportation, so they have to retreat to the second best thing to use copper as a general equivalent.

Therefore, copper has always been a strategic material in the Ming Dynasty, and the people cannot hide it privately, otherwise they will be punished for serious crimes.

But copper is not a rare thing, there are often lawbreakers in various places to make copper coins privately, after all, they can be used as silver, and the cost is much lower than that of the household.

Liu Hongjian envisioned a currency that would be backed by silver, and that the face value of the currency issued would be equal to its actual value.

The actual value is supported by the equivalent amount of silver reserves behind it, and the amount of silver reserves must be as much as there is to issue currency, and the amount of base currency issued is the amount of money put into the society, and there must be an equal amount of gold reserves behind it, otherwise currency depreciation will occur.

To put it bluntly, there will be no shortage of gold and silver in the world, and its fundamental principle is to follow the law of conservation of mass.

The biggest reason why the silver standard was chosen instead of the gold standard was that the gold mines in the Ming Dynasty were too scarce, and the grade was not high, and the mining was basically worth the loss.

In comparison, silver is much better, and Liu Hong gradually knows where there are silver mines overseas to supplement, and he is about to go to Dongying to find out.

The coinage was naturally made into a round, similar to the coins of later generations, but the current industrial level of the Ming Dynasty was not enough to make a steel core nickel-plated or copper-nickel alloy.

So Liu Hong gradually remembered Yuan Datou, this silver-copper alloy, in the silver coins worth one yuan, silver accounts for eighty percent and nine points, and copper accounts for one percent, it is this ratio that creates Yuan Datou's good ductility and elasticity, and the measurement will make all parts of the silver dollar resonate, like a dragon's groan.

And the head and font on the coin can also be used as a good anti-counterfeiting measure, this thing is not a silver ingot, it can be made casually, and the silver ingot can be spent on anything.

The ratio of coinage machinery and materials has become the core secret of this coinage system, and it is precisely because of this that Liu Hongjian is so cautious to find his henchmen to carry out secretly.

Liu Hong's coinage must be unified in specification and appearance, which is bound to require the mechanical hardness of the coinage to meet the standard, and Liu Hongjian came to the British Duke and the Qianguo Duke for the machinery used in the coinage.

He had already said hello to Uncle Song in advance about this matter, which was secretly developed by the Ordnance Institute, and was coordinated and customized in batches by Xishan Shanghe, and when the technology matured, it was the time for Liu Hong to gradually exert his strength.

Anyway, if this thing is made and not spent, the court doesn't say that it's money, so it's not a fart, and it's not illegal.

There will be three kinds of silver dollars, the main currency is one yuan, and the auxiliary coins are Wu Jiao, two Jiao, and one Jiao, one of which contains 0.89 taels of silver, and then counts the fire consumption (that is, necessary expenses such as processing fees) as one tael of silver.

There is no limit to the number of silver coins used, that is, one silver dollar is the standard currency of unlimited legal compensation, and more than one silver dollar is paper money, but paper money is the representative of silver dollars, or exchange coupons, if there is no full preparation and wide circulation of silver dollars, it is difficult to establish the credit of paper money.

Whether it is paper money or silver dollars, they are all credited with the silver reserves in the Ming treasury.

Liu Hong gradually added his own understanding from the book in the ring and listened to the two of them, but where did they know that they had wasted their tongues for a long time, but they were stunned for a moment when Zhang Weixian and Mu Tianbo said.

"Lord Wang, what is the standard currency, what is the general equivalent, and that ...... That credit currency ......" Zhang Weixian, one head and two big.

"If you don't understand, you won't pretend to understand? Anyway, just do what this king says, you can't tell anyone about this, so be it! Liu Hong gradually yawned and got up to see off the guest.

He is also considering the design of the silver coin, is it made with the head of the old man Zhu Chongba? Or do you want to use Uncle Chongzhen's avatar to do it?

……

PS: My motherland and I can't be separated for a moment, no matter where I go, there is a hymn ~~~ Although I am busy for my livelihood every day, I believe that every book friend has a love for the motherland in his heart, which is hidden deep in his heart and is not usually seen by outsiders.

When our motherland is rising step by step, when we see Grandpa Yuan Longping standing on the podium, and when we see Coach Lang Ping and the Chinese women's volleyball team letting the world hear the Chinese national anthem, our eyes can't help but moisten, or the indescribable emotion that rises in our hearts, this is our love for the motherland.

Why do we often have tears in our eyes, because we love this land so much.

Mother of the motherland wishes you, happy 70th birthday, I wish the motherland more prosperity, and I wish all book friends can realize the value of their lives.

I love you, China.

Carrying an AK to break into the Ming Dynasty

Carrying an AK to break into the Ming Dynasty