Chapter 827: Monetary Eas
At this time, King Xian was anxious to grasp blindly, and hurriedly asked:
"Then Aiqing has the best of both worlds to reduce the loss of the treasury?"
"Yes, there is, but there are risks."
"Aiqing said quickly, what is the way?"
"Increase the supply of copper coins."
Everyone was stunned when they heard the news, they had just reduced the amount of money they had issued, and in the blink of an eye, they had increased the money supply, and everyone was suddenly a little dizzy. King Xian then asked:
"Aiqing just proposed to reduce the minting of coins, why do you want to increase the minting of coins now."
"The king clearly saw that the increase in minting money was not used for direct expenditure by the state treasury, but for construction and procurement, and the construction of large quantities in various places, to encourage production, and to purchase goods from merchants for construction through the customs market at the official price ratio, so that through the transactions of the government, merchants could be forced to flow goods to the government, and then reduce the stock of goods in the market, and the government took the lead in nailing the price, and the space for speculation and profit in various places was greatly reduced.
At the same time, due to the huge expenses of the imperial court and the large supply of goods by merchants, although the price of gold and silver was lower than that of copper, the total profit was larger than that of the market, the risk was smaller than that of the market, and the manpower, material resources and animal resources used were also less, and the profits were very considerable. Therefore, if the imperial court builds large-scale construction, it can avoid losses to a certain extent, and eventually avoid huge losses.
But the disadvantage is that the large amount of coinage will inevitably reduce the amount of gold and silver, and at the same time give rise to more wealthy merchants, and the nobility will also reap huge benefits from it. In addition, if the law of leaving enough money is not implemented in the Central Plains within two years, the Xianguo will mint a large amount of money, and the depreciation of the new currency will plummet, and the consequences will be no less than bankruptcy. Therefore, this law is not a last resort and cannot be started lightly. ”
"What if that happens?" Gao Xun asked.
"If it happens, the new coins of the Xianguo Kingdom will occupy the Central Plains, and the super-minted copper coins will further flow to various places to become the upper currency, and the copper coins of the vassal states will be expelled, and at the same time, the expansion of the production of goods in the Xianguo will be further stimulated, and the sales of foreign goods will be accelerated, and the flow of gold and silver to the Xianguo will be faster. If this move is successful, it is conservatively estimated that it will increase the income of at least more than 100,000 gold and silver every year, regardless of copper coins.
But this is a double-edged sword, and the slightest carelessness will hurt you, so please be cautious with the king. ”
Increased investment in infrastructure can boost production, drive consumption and consume production, and in the era of less productive farming, increased investment in infrastructure can accelerate the consumption of large quantities of goods controlled by merchants and elites.
When the government nailed the price of precious metals to copper coins at the official exchange rate, and at the same time flexibly changed the exchange rate in the market, in order to obtain stable investment reports, businessmen would not risk putting goods into markets where the exchange rate was often changed, but would look for markets with more stable prices to make profits.
The construction investment of the imperial court has the characteristics of large amount, long cycle and stable returns, so the most profitable business at the moment is to get in touch with the powerful.
At present, the Central Plains is still in the early stage of the primary market, and the space for rigid demand for commodities and the huge potential for investment in the expansion of productive forces are huge.
In terms of land area, the Xian State controlled less than one-twentieth of the land actually ruled by the Central Plains, and with such a huge foreign market, the effect of export inflation was very small, on the contrary, the Xian State controlled the production of almost all important industrial and civilian products, and the export of goods and the income of cash was the inevitable result.
The machine does not stop every day, and it exports goods and money to the outside world every day, and this process can never be changed until the day of the destruction of the Xianguo is pressed to stop the switch.
While boosting the domestic economy and driving economic structural reform, large-scale infrastructure construction is also a shortcut to expand Yongxing Industry as soon as possible by expanding the industrial base of Yongxing City through large-scale investment to achieve investment goals that cannot be achieved in ordinary times.
However, there are pros and cons to everything, if the additional issuance of currency cannot complete the expansion of the external market, the result will be stuffed in the country, accelerate the depreciation and even collapse, and then the new currency of the Xianguo country will plummet, and all countries will inevitably join forces to raise the army to ask for the guilt, and a big war cannot be avoided.
King Xian frowned behind his hands and pondered, pacing back and forth in small steps, and suddenly asked:
"How sure is Aiqing?"
"Fifty out of five, less than sixty percent."
"What will happen if you lose?" King Xian asked.
"At worst, the national economy will burst like a river, and at worst, a vicious war will be inevitable. However, if it is the latter, with the national strength of our country, as long as we strike first, there is still room for change. Therefore, if the economy collapses, the only choice is to pay the debt and force other countries to do it, and then our country will preemptively divert domestic problems and force countries to accept the facts through war. ”
Hearing the word "repayment", the prince and the others rolled their eyes for a while, and the prince hurriedly said:
"Marquis Yongxing, it is shameless to repay debts, how can it be done by my Xianguo."
"The prince has a point." Bai Liyan affirmed, and the conversation suddenly changed again, "But there are not a few countries that have done anything to repay their debts, but they have not shown it in an overt way." ”
At this time, Lu Gao broke the silence and said:
"Now it is a big loss not to send money, and if you are not careful, you may be retaliated by various countries. If it succeeds, not only will it be difficult to solve, but the national strength will be unprecedented, if not, it will be suppressed with the advantage of the army, and the land will be seized, which will be profitable both inside and outside. ”
"Lord Lu's words are good, but now is not the time to go to war."
"Why is that?" King Xian asked.
"Back to the king, once the war starts, it is bound to be a protracted war, as short as one or two years, as long as five or six years, and the national strength of the Xian country will be wasted due to the war, and the gains outweigh the losses. The people have just had a respite for five or six years, and the regeneration war has lost the trust of the people in the king. In addition, if there is a change in the king's body and peace due to war, it will be the sin of the ministers and the great misfortune of the people, and I hope the king will be cautious. ”
"Let the widow think about this matter again, it's not too early today, the prince stays, and everyone is scattered."
"No!"
Everyone spoke in unison, and then dispersed, leaving only Jiang Yu in the inner hall to continue to receive news from King Xian.
After walking out of the main hall, Gao Xun asked as he walked:
"Yongxing Hou, there is no other way?"
"No, the matter of money is nothing more than more money and less money, depending on the current situation, and then it is guided by national policy and supplemented by guidance. There is no other way. To say that there is, it is not that there is no other way, and it is the easiest to send troops to eliminate the culprit, but it is not easy to make a big move, so it is better to be cautious. ”
"Then if it's really time to move troops, do you have a chance of winning?" Lu Gao asked.
"For the time being, the two countries are attacking, and there is a good chance of victory in the local war. If the princes join forces to attack, no matter how sophisticated the weapons of the Xian State are, they will not be able to defeat the millions of warriors who will go forward and succeed, and at present, the countries are making copper cannons on a large scale, although they are very inferior, but the number is large, and thousands of copper cannons are used intensively, and the threat is still very great.
The top priority is to deal with the matter of leaving enough to give up the shortage, and as for how to mint money, wait for the king to decide. ”
Bai Liyan knows very well that King Xian is now suffering from pink eye, and he can't spit out any of the benefits in the account, so it is obviously impossible for King Xian to suffer losses and make up for the deficit of the people, so there is only one way to increase the issuance of currency.
Although it is said to be a consideration, it is a prevarication of King Xian.
At the same time as the cabinet dispersed, the palace was unprecedentedly quiet, and all the heads of various ministries and departments slipped away, and none of them were there, so that they all returned home to count the gold and silver and take care of the business, so that the state government supervisor was empty and there were few people to do errands.
I want to chat about "Empire Travel" with more like-minded people, pay attention to "excellent reading literature" on WeChat, talk about life, and find confidants~