At the root of this is the personal prestige of Emperor Wude. In tens of millions of square kilometers of land, everyone fanatically worships and supports Emperor Wude, and everything he does is obeyed, which is the foundation of the implementation of Datang banknotes.

Although this is different from the credit standard of later generations, it is also a credit standard, which is a credit standard with the characteristics of the Tang Dynasty, or a credit standard system with the characteristics of Emperor Wude.

In later generations, after the disintegration of the world's gold standard, the credit standard was used, and the stability of this standard system has been verified.

Datang's monetary policy, on the surface, is the gold standard, but in fact it is the credit standard, and it has found the standard support. However, Roman paper money had no standard support at all, and thirty percent of Rome were slaves, sixty percent were foreign commoners, and there were very few Roman citizens. Between the three, between the inside, there is a lot of mistrust. There is no trust, which makes people how to believe in the paper money that suddenly appeared, and it is normal not to use it.

Caracalla anxiously asked, "What should I do if the people don't believe me?" ”

Needless to say, Antonic, the patriarch of the Three Dynasties, had experience, and he came up with an idea that could support Roman banknotes.

The Roman people used a thousand years of gold and silver currency, and did not believe in the paper money that Caracalla had suddenly created. A pile of paper, although it looks good, but there is no real gold platinum in your hand to put peace of mind.

If the people don't need it, Caracalla's financial reforms will be finished, and with it, his dynasty will go bankrupt and his life will be in jeopardy.

The First Elder Antonique pondered a solution, and he hesitated and said, "Your Majesty, since the people are still obsessed with gold and silver coins. So, can we specify a value for banknotes? For example, change the denomination of banknotes to 1 gold coin, 10 gold coins, 100 gold coins, and 1 silver coin...... Finally, there is the smallest copper coin. ”

"These banknotes in circulation can be exchanged for gold at will at the bank. This banknote is light and can be exchanged for gold coins at any time, so the people will recognize it. ”

The wisdom of the Romans should not be underestimated, and they really figured out a standard: the gold standard. With the support of the standard currency, the banknote can be listed and circulated. The paper money issued by Rome is the equivalent of modern bank notes, which can be exchanged for gold at any time.

As a result, Rome began to implement the gold standard.

The gold standard, coupled with the coercion of the Roman court, although the people were full of worries, wanted to be able to exchange gold at any time, and after a few attempts, they began to accept paper money.

Thus, Roman paper money really began to circulate. People deposited gold and silver in the Imperial Bank of Rome for interest. When you take it out and use it, it's a banknote.

Banking is one of the most profitable industries, and Caracalla, which has a monopoly on the banks of the country, has amassed untold wealth in a short period of time. The Roman court had money, and the civil and military system was able to function normally.

Caracalla also ordered the printing of money on a large scale, the purchase of supplies from the common people, the hoarding of military supplies, and the rebuilding of the Roman fleet.

………………

When the time came to the end of 219 A.D., the Roman Emperor Caracalla laughed happily in the main hall of the Roman Palace, and he had to admire Emperor Wude and said: "The Oriental Li Yi really has some little wit, and he can come up with this never-ending idea of making money!" ”

Then, Caracalla showed the courage of a hero, waved his hand, and said: "However, the final victory must be the victorious Rome that catches up." Just like Greece back then, Datang will eventually be a pearl in my crown. ”

With money, there is confidence, and the Roman ministers are as confident as wealthy.

Elder Gaia said: "Your Majesty, we have recently obtained a Tang warship through special channels, and our craftsmen have been inspired, and the Roman fleet that is about to be rebuilt will definitely be able to surpass the Tang fleet." One day, the Tang Dynasty will tremble at the feet of Rome. ”

War will inevitably result in the loss of troops and the loss of weapons and equipment, and it is inevitable that it will be taken to study.

Rome is a nation of learning, and it did not take it by chance to grow from a city-state to a super-empire spanning three continents: Europe, Asia and Africa. In the past, he was inferior to the civilizations of Greece and Egypt. But it continued to learn from each other's strengths and weaknesses in the war, and finally trampled these civilizations under its feet.

Caracalaha laughed and said, "Print more money, you must rebuild the Roman fleet as quickly as possible, and arm all the equipment of the army into an elite corps in full armor." ”

As a result, Rome began to print money without restraint, hoard military supplies, arm the army, and rebuild the navy. Every day, Rome grows stronger, and Caracalla's laughter on the Palais Hill never stops.

………………

When Caracalla was happily wanting to take revenge, Datang was not idle.

On the first day of October 219, that is, the thirteenth anniversary of the founding of the Tang Dynasty, the prosperous Tang Dynasty held a large-scale military parade, which was attended by 500,000 elite troops of the Tang Dynasty. The people saw the strength of the country, and a strong army would protect all this under the leadership of Emperor Wude.

The personal prestige of Emperor Wude Li Yi was pushed to a new peak after this military parade.

A big pilgrimage meeting in October.

Before the arrival of Emperor Wude, hundreds of officials whispered.

"The emperor has arrived!"

The hundred officials in the discussion stood together in small steps.

Li Yi came to the main hall, and His Royal Highness's ministers shouted: "Long live my emperor, long live, long live." ”

The Tang Dynasty was prosperous, although there were often some disasters in some places, but the Tang Dynasty had money, smashed a lot of it, and rebuilt it better than before, and the people were blessed by misfortune.

Sometimes, the officials can't help but think, it is better to take turns to suffer disasters, and the small counties and towns in the round will be gone, all of them are big cities, and it is a brand-new and more prosperous Datang.

Of course, the officials also know that it is better not to suffer disasters. They just used this idea to show the strength of the Tang Dynasty, fearless and fearless, and they did their work well under the leadership of the emperor.

He went to the place where the plague struck, and the people were in dire straits. In the place where Datang was devastated by the disaster, there was endless food the next day, the tent was built stronger than the house, and the furniture was new.

The one worshiped by the hundred officials is called a sincere and sincere, and I can't wait for Emperor Wude to really live for 10,000 years, which must be a prosperous era for 10,000 years and a blessing for the world. At that time, the emperor's name went down in history, and he was famous for eternity, and he himself was not stained.

"If you have something to do with the class, you will play early, and you will retreat from the curtain if you have nothing to do!" The female official on duty said coquettishly.

The Tang Dynasty's court meetings always open like this, but no one thinks that this is the emperor's passive sabotage. Because nothing can stump Datang at all, there is nothing to do on weekdays.

But today, there is one thing.

I saw the head of the household, the president of the Royal Chamber of Commerce, Lu Su walked out with the board in his arms, and said, "The minister has something to do." ”

Li Yi attached great importance to it and asked, "What's the matter with Aiqing?" ”

Lu Su then told the story.

It turned out that the merchants of the Tang Dynasty had recently traded with Rome and found that Rome had also switched to paper money. The merchants of the Tang Dynasty believed in the paper money of the Tang Dynasty, but did not believe in the paper money of Rome. After all, Rome is a foreign country, if there is something. If you can't exchange gold, it's all waste paper?

Trading is interrupted for a while. The news came back.

Li Yi frowned slightly when he heard this, this banking industry is indeed a good way to make money, and Rome has finally started to engage in banking. The bank was bound to allow Rome to recover quickly, which worried Li Yi.

Then, after learning more about the situation, he smiled. The gold standard of Rome is similar to that of later generations. One feature is that gold coins can be minted freely. Anyone can give the gold nugget to the National Mint to be minted into gold coins according to the gold content of the standard coin, and then they can get paper money, which can be exchanged for gold at any time.

In other words, gold can be freely exported and imported without any restrictions. As long as you give Rome gold, Rome will give you paper money. Conversely, if you give Rome a printed Roman banknote, Rome will give you gold.

However, Li Yi would never ask for Roman banknotes, because the banknotes issued in the Tang Dynasty have not been recognized by Rome until now. When Datang bought Roman resources, it always paid for it with real money.

Li Yi proposed that Datang recognized gold as an indicator of gold content. Pegged as a general equivalent, not to Roman banknotes. Therefore, in the trade between the Tang Dynasty and Rome, only gold was used for settlement. Just like when the Tang Dynasty issued paper money, Rome did not recognize it. You didn't recognize me at the beginning, and I don't recognize you now.

Datang's request is reasonable, so, on this, Rome can't say anything. Therefore, the trade between the world's only two major powers, the Tang Dynasty and Rome, is still settled in real money.

After the court meeting, eleven military divisions from the Military Aircraft Department, as well as more than a dozen people including Xu Shu, the secretary of the military department, and Lu Su, came to the imperial study.

"Your Majesty, Rome followed the example of our dynasty to open a bank, which is a major move for Rome to recover its vitality, and it should not be underestimated." Xun Yu, a good hand in internal affairs, saw Li Yi's indifferent appearance, and said worriedly.

Xu Shu said: "According to the news from the intelligence officers, the Roman court had no money at the beginning, but it had money after the issuance of paper money. Immediately after that, there was a large-scale stockpiling of munitions, arming the army, and rebuilding the navy. The spy reported that Rome had developed a new warship technology, similar to my keel technology, which could build larger and farther warships......"

Li Yi frowned, he knew that war was the greatest driving force for the development of science and technology. The defeat of the Roman War, the hard work, and the progress of the people, is also the ability of the people.

Li Yi asked: "Even if Rome starts to develop the banking industry, it is impossible to gather so much money in a short period of time, where does his money come from?" ”

Lu Su knew this matter best, and said: "Your Majesty, Caracalla prints money wantonly and buys materials from the people......"

Li Yi was happy when he heard it, although he was not an economist in his later life, he also knew the truth of inflation, and said with a smile: "Ladies and gentlemen, Caracalla's uncontrolled printing of banknotes, I believe he will soon taste the bitter fruit!" ”

After Li Yi's explanation, the ministers understood why the emperor did not print money in the first place, but they still did not believe that Rome would taste the bitter fruit because of this.

Li Yi made a bet with the military advisors.