Chapter 394: Depreciation

The next day, Prime Minister Right went to Songshang Bank to listen to the results, and Chen An took the opportunity to sell him a big face and a loan of 250,000 yuan. The right prime minister felt that he had a big face, so he gladly accepted it.

Emperor Lizong called the left and right prime ministers to the palace.

"Right Prime Minister, can the loan satisfy the exchange of citizens?" Emperor Lizong asked.

"As long as there is no big wave of exchange, there is no problem." The right prime minister said.

Emperor Lizong nodded, as if the crisis in front of him had passed.

"Holy." Liu Yonggong arched his hand and said, "Weichen thinks that the top priority at the moment is to stabilize prices. We can't let the huizi depreciate too quickly, otherwise the exchange tide will come sooner or later. ”

"Yes, what Liu Aiqing said is very true. I just don't know what Liu Aiqing's good plan is? Emperor Lizong asked.

Liu Yong looked at the right prime minister beside him, and the right prime minister was silent.

"Shengshang, Weichen thinks that if you want to prevent the depreciation of the Huizi, you must control the circulation of the Huizi." Liu Yong arched his hand and said.

Emperor Lizong frowned slightly, and then looked at the right prime minister.

"Prime Minister Zuo, you said you want to control the circulation of Huizi? How can the emptiness of the treasury be filled? "The right prime minister is almost against it.

"Holy Lord, the non-depreciation of Huizi is actually ensuring the stability of the national treasury. Let's ask, if the right prime minister has more issuance meetings, it will inevitably continue to depreciate. The depreciation you have to have more than one happens, which creates a vicious circle. In the end, not only did the treasury not fill up. It will also cause prices to rise and the loss of people's assets. In the end, the people will complain, and in the end they will point the finger at the court and even the saints. Such a result, Wei Chen would not want to see it if he wanted to be a saint. ”

Liu Yong only said to Emperor Lizong that he intended to put the right prime minister aside.

"What Liu Aiqing said is extremely true, right prime minister, what is your opinion?" Emperor Lizong asked.

"The old minister thinks that Prime Minister Zuo is exaggerating." The right prime minister replied.

"Exaggeration? Hehe, what does the right prime minister mean is that Fang Cai Liu's statement is unrealistic? Then the right prime minister, let me ask you. Will the child depreciate now? ”

"This ...... Naturally, it is depreciating, but it is within reasonable limits. "The right prime minister is leaning on quibbling.

"Hehe, right prime minister, if it's okay or not, then you have to look at the exchange station of the household department on the royal street. Now, I'm afraid it's already crowded. Liu Yong said lightly.

In fact, the depreciation of Huizi and the rise in prices did not have much impact on Liu Yong's life. Because Liu Yong has a large amount of gold and silver in his hands, the price of buying things with gold and silver remains the same. Now only paper money will depreciate, and copper coins have also begun to depreciate. In this way, the evil consequences can be manifested. The copper mines of the Great Song Dynasty were not so abundant, and once the value was depreciated, the enthusiasm of merchants to mine copper and smelt copper was not high, because they would lose money. As a result, there is a significant reduction in the amount of copper coins circulating in the market. Even if the people want to exchange copper coins, they have nowhere to exchange them, so they can only hold worthless clubs.

The reason why Liu Yong wants to stop Prime Minister Right from printing and distributing meetings all the time is that he wants to stabilize the operation of these banks, because there are already people who want to deposit money in the banks. But Liu Yong asked all the banks to refuse to accept it. Banks still only accept copper coins and gold and silver. However, the people had less gold, silver and copper coins in their hands, and no one came to deposit, resulting in a sharp drop in the amount of deposits received. At the same time, lending has fallen sharply, putting pressure on banks' earnings.

The second is that he wants to fight for the toiling masses, because the depreciation of the Huizi directly affects their money bags. He couldn't watch them fall into nothing.

Therefore, he must prevent the imperial court from triggering a meeting again.

"Is that really the case?" When Emperor Lizong heard this, he couldn't sit still.

"This is for the right prime minister." Liu Yong said.

"Right Prime Minister, tell me quickly." Emperor Lizong asked anxiously.

"Uh." The right prime minister looked at Liu Yong, his expression was a little gloomy, "Back to the saint, although what the left prime minister said is a bit excessive, but there are many people who want to exchange the meeting for copper coins." ”

"Is it serious?" Emperor Lizong hurriedly asked again.

"This, it's not to the point that Prime Minister Zuo said." The right prime minister replied hesitantly.

"What's that?" Emperor Lizong asked.

"This ......," the right prime minister was asked.

"Right Prime Minister, this is not like you. You're usually vigorous! Liu Yong said on the side.

"That's it, the right prime minister will talk to me quickly." Emperor Lizong said.

"This, this, can still be controlled." Cold sweat was already oozing from the forehead of the right prime minister.

"Can you control it?" Emperor Lizong replied.

"Well, yes, I can control it." The right prime minister arched his hand.

"How to control it?" Emperor Lizong got to the bottom of it.

"This ......" the right prime minister stood up again.

"Huh." Liu Yong smiled faintly and said, "The method of the right prime minister seems to be very simple!" ”

The right prime minister looked at Liu Yong with cruel eyes.

"What's the solution? Could it be that Prime Minister Zuo also knows? Emperor Lizong hurriedly asked.

"Back to the saint, I guess the right prime minister's method is not to exchange copper coins for those who come." Liu Yong arched his hand and said.

Hearing this, Emperor Lizong was slightly taken aback, and hurriedly asked, "Old Prime Minister, what Prime Minister Zuo said is true?" ”

"Well, back to the saint, the money left in the treasury can't be touched at the moment, so the old minister has no choice but to make this decision." The right prime minister was a little trembling.

Smack, Emperor Lizong slapped the table and shouted: "Right Prime Minister, isn't your case a place of trapping and injustice? ”

The frightened right prime minister hurriedly knelt down.

"The old minister is guilty."

Emperor Lizong twisted his body to the side, and pressed his right hand on the table in anger.

The right prime minister knelt on the ground and did not dare to get up.

The tense atmosphere immediately filled the air, and it could not be relieved for a long time. So Liu Yong hurriedly said: "Holy Lord, there is still room for this matter. ”

"Oh, Liu Aiqing, say it quickly." Emperor Rijong turned his body back.

"Holy Lord, the minister thinks that it is still necessary to exchange it now, after all, this is something that is allowed by the imperial court. If you don't exchange it, people will be more nervous, and it will not be just a matter of depreciation. It's a matter of worthlessness. That's dangerous. Especially in this imperial city, the riot is as anti-riot as the river! Liu Yong said.

"Of course I know that. But my treasury is really poor! Emperor Lizong also seemed helpless.

"Holy Lord, leave this to the minister!" Liu Yong said.

"Liu Aiqing, do you really have a way?" Emperor Lizong's face was a little excited.

"Holy Lord, please rest assured, it's just that Wechen asked the Holy Lord to suspend the printing and distribution of the meeting. Otherwise, there is no way for the Da Luo Immortal to come. Liu Yong said.

"This ......," Emperor Lizong frowned again.