Chapter 896: A Currency War Without Gunpowder

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The importance of credit money is self-evident.

If you control oil, you control all countries; If you control the grain, you control all the people; If you control the currency, you control the whole world.

In later generations, there is only one reason why China desperately wants to promote RMB settlement and promote RMB internationalization, that is, to circle resources, or to influence the finance of more countries.

The United States is able to control global finance because the world's goods are mainly settled in US dollars, and the US dollar is the reserve currency necessary for all countries.

The United States is desperately QE, desperately printing money, do you want it? Yes, don't you try to buy things from other countries in your own currency, who will sell them to you?

So you have a little dollar?

That's nothing, now I'm desperately printing money, the dollar has depreciated, the original dollar in your hand is worthless, how can it be enough?.

So you're going to have to ask me for more beautiful knives, you have to. Good! You want it, but I can't give it to you for nothing, you have to exchange it for something.

When you master the world's finance, the reality is that you print money, and the whole world has to exchange things for you.

Like Russia, if you don't have enough dollar reserves in your hands, you can't restore the confidence of the people, and with the continuous hedging, the dollar reserves continue to decrease, and the national currency will depreciate in an uproar.

And to do this, only credit currency can do, so no matter how difficult it is, Qin Mu will not give up credit currency.

Now the credibility of the Great Qin treasure banknote has been established after two or three years, with the support of the imperial court, which is a great thing, and its significance is no less than that of conquering the entire East and West Asia.

Qin Mu listened to Xu Yingjie's report. Very happy. He thought for a while and said: "If you print banknotes in the future, you can't call them treasure banknotes anymore, which will make the people subconsciously equate Daqin's banknotes with Daming treasure banknotes." ”

Xu Yingjie asked, "I don't know what new name Majesty has in Xià?" ”

Qin Mu said: "It's called the dragon coin, and the current silver dollar is linked, first the original Great Qin Treasure banknote is gradually recycled, and then a new paper dragon coin is introduced, in addition to changing the 'Great Qin Treasure Banknote' to the 'Dragon Coin', we must try to maintain the original printing style, so that the people have an adaptation process." ”

"Yes, Your Majesty."

"Xu Qing. You first ask the banknote bureau to print out the pattern and submit it to the officials for discussion. ”

The issuance of banknotes is a matter of importance, and the emperor alone cannot issue as much as he wants.

In addition to writing the rules for issuing banknotes into the "Ancestral Teachings", Qin Mu also planned to raise the issuance of banknotes to a sacred height.

First of all, every time a banknote is issued, it must be discussed by all officials of the DPRK and the Central People's Republic of China at least seven grades, and if more than 10 percent of the officials oppose it, it cannot be printed.

Secondly. After the collegial agreement, the emperor must also take hundreds of officials to the Temple of Heaven to worship heaven and earth, and to the Taimiao to report to the ancestors, thank God for the gift to Daqin, and thank the ancestors for their blessings. To make the country rich and the people prosperous, so it is necessary to print more banknotes for circulation.

In short, you can't print money secretly. Each additional batch of banknotes is printed. Treat it as a very sacred thing, and don't mess around.

In this era, filial piety is a word. People in the world take it very seriously. If any emperor violates the regulations on printing money in the "Ancestral Teachings", this is unfilial piety, I see what kind of face you have to enter the temple to report to the ancestors.

Qin Mu decided to start with himself in order to form a routine and form a strong restraining force.

Of course, these are only tough palliative measures, and there is no guarantee that future monarchs will not print paper money indiscriminately.

To fundamentally solve this problem, Qin Mu felt that in the end, it was necessary to rely on the improvement of the financial system, so that the future Great Qin monarchs and ministers would have a deep understanding of the nature of finance and the laws of operation, so that they could clearly understand that this could not be messed up, and chaos would inevitably lead to financial collapse.

To perfect it, you must first study it and understand it.

"Xu Qing, finance is the lifeblood of a country, the matter is important, the bank should organize some talents in this area, specifically to study the finance in detail, how to operate, how to avoid risks, now let finance play a better role in promoting industry and commerce, agriculture, people's livelihood and other aspects, which need to be sorted out as much as possible."

Jin Lei, the living house next to him, quickly recorded every word of the Son of Heaven, and the starting point was almost a diary, mainly to record the words and deeds of the Son of Heaven, as an important information for the future revision of the emperor's record.

Xu Yingjie is in charge of Daqin's finance and commerce, and the importance of his functions is actually no less important than that of Shangshu Liu Boquan, he got up and said: "Your Majesty, the minister knows that since last year, the minister has set up a department in the bank, and has collected twenty-three people to discuss and study this aspect. ”

"Oh? Okay, go back and Xu Qing will send me a copy of the note, and I will have time to read it. ”

"Yes, the minister will send it to His Majesty when he turns around."

"Finance involves a wide range of changes, unpredictable, and there is no theory of predecessors to learn, can only be explored, while practice, must persevere, perseverance in research, Xu Qing can think of the establishment of such a department, I am very gratified, don't have a little bit of achievements and be complacent."

"His Majesty has taught me a lesson, and the minister has written it down."

"I heard that the deposit of Huitong Bank has exceeded 500 million dragon coins?"

As of May this year, the total amount of deposits has reached 630 million dragon coins. Huitong Bank has 921 branches across the country, and the state capital has been fully covered, except for some remote lower counties, all central and upper counties have also set up more than one branch. In addition, in Baiqi City in Jinghai Province, Fusu City in Luzon, Luoshu City in Qinghai-Tibet, Edo City in Japan, and Seoul in Korea, the minister was also preparing to send people to set up branches. ”

"Setting up a branch in Edo, Japan? Is it feasible? ”

Taking last year as an example, the number of large and small merchant ships traveling to and from Japan throughout the year has reached more than 600, with an average of nearly two ships arriving at the port every day, which is an unprecedented prosperity.

Now the two countries have sent envoys to each other and set up permanent embassies, and the relationship is relatively stable, and since ancient times, the Japanese people have liked to use Chinese currency, and the dragon coin of Daqin is also very popular in Japan, which can be said to be in short supply. ”

"What about the Tokugawa shogunate? Are they also happy to see Daqin's dragon coins circulating in Japan? ”

"Back to His Majesty, the Tokugawa shogunate was reluctant at first, but their coinage technology was backward, and the coinage was shoddy, and the people were not willing to accept it. In addition to trading in broken silver, there are many copper coins from the Ming Dynasty and even the Song Dynasty circulating in Japan.

The dragon coins of Daqin are of better quality, and the Japanese people are eager to do so. The Tokugawa shogunate banned it for a while, but as the volume of trade increased, the private flow of dragon coins into Japan continued.

I heard that later Tokugawa Iemitsu had the dragon coin dissolved and found that the dragon coin contained enough silver, and even if it was exchanged for silver, it would not be a loss, so that the ban would be lifted and the dragon coin would be allowed to circulate freely in Japan. ”

When Qin Mu heard this, he was secretly happy, on the surface, it seems that it is indeed not a loss to directly exchange silver for huàn dragon coins, because dragon coins contain enough silver, and there will be no problems in the short term.

But after a long time, when the dragon coin became the main currency in circulation in Japan, and the coinage power was in the hands of Daqin, it was necessary to play.

Finally, the paper dragon currency will be marketed to Japan, and if this step is successful, then it will be able to firmly control Japan's financial currency.

At that time, if Japan wanted to get rid of Great Qin's control over his financial currency, the only way was to defeat Great Qin through a war.

But will Qin Mu give Japan such a chance? If he doesn't play, he is so poor that he will be pants, and Qin Mu will not be surnamed Qin.

"Xu Qing, since the Tokugawa shogunate does not object, let the bank enter Japan as much as possible, but you can't rush it, you have to take it step by step, boil the frog in warm water. It would be better to sign some treaties with the Tokugawa shogunate, so that he could not go back later. If he forcibly repents, my Great Qin Royal Navy can drive over openly. ”

Xu Yingjie replied with a smile on his face: "Your Majesty, rest assured, the minister will definitely handle this matter properly." ”

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(To be continued......)