stjorthotic Chapter 155: Decline In Credibility, Ming Dynasty Is In Danger Of Subjugation [Please Subscribe, Ple
Chapter 155: Decline In Credibility, Ming Dynasty Is In Danger Of Subjugation [Please Subscribe, Ple
After giving Zhu Yuanzhang, Empress Ma and the princes Zhu Biao, Zhu Di, Zhu Fan, Zhu Di and other princes a moment to digest, Yan Changqing continued:
“Gold, silver, and copper, because of their scarcity and precious value, coupled with the millennium of credibility that has been condensed on them since ancient times.
"So without anyone doing any promotion, all people will naturally recognize the value of gold, silver, and copper and accept their existence as general equivalents."
"However, the Ming Dynasty's currency is different!"
"The number of Ming Dynasty currency notes cannot be called rare, nor are they of precious value, let alone have the credibility of thousands of years since ancient times."
"So if you want to promote the Ming Dynasty's currency, you need someone to inject additional credibility into it so that it can become a general equivalent.
"And the source of this credibility is the country of Ming Dynasty that your Majesty represents!!!"
"Because His Majesty has used the credibility of the entire country as a guarantee to ensure that the Ming Dynasty's currency has the same value as gold, silver, copper and other general equivalents."
"That's why millions of people in the Ming Dynasty will accept and believe in the value of the Ming Dynasty's currency~!!!"
"As long as millions of people in Ming Dynasty believe in Your Majesty and the country of Ming Dynasty."
"Then your Majesty can continuously promote Ming Dynasty treasure banknotes [and these Taiming treasure banknotes are also true and have the same value as gold, silver, copper and other general equivalents!!!"
"At this time, no matter how much money your Majesty wants, he can only order the treasure banknote collection department to copy as many treasure banknotes as you want."
"For example, I made nearly ten million taels last night."
"As far as your Majesty is concerned, as long as your Majesty is willing, as long as the treasure bank transfer department can copy the banknotes quickly enough."
"Then it would be easy for Your Majesty to possess hundreds of millions of Ming Dynasty currency notes worth the same amount of gold, silver, and copper in one day."
"Now, does Your Majesty still feel that he is poor?!!"
Yan Changqing's eyes fell on Zhu Yuanzhang, with a half-smile on his lips.
Zhu Yuanzhang, on the other hand, was breathing rapidly and his eyes were slightly red.
[How much money do you want, and how many Ming Dynasty treasure banknotes can be copied by the banknote collector?!!]
[Even in one day, is it possible to own hundreds of millions of Ming Dynasty currency notes worth the same as gold, silver, and copper?!!]
【So we are so rich?!】
[If I had known this, why would we be so fussy!!!]
[If it weren’t for the lack of money in the national treasury in recent years, and the Ming Dynasty needs money everywhere, we would have sent troops to continue the Northern Expedition!!!]
[No, after this lecture on "Dragon Slaying Techniques" is over, we will go back and order the Treasure Banknote Lifting Department to copy some more Ming Dynasty Tongbao Banknotes. 】
[Copy as much as you can, then copy as much as you can!]
[As long as we have money, we can not only send troops to the Northern Expedition, but also enable the people to live a prosperous life as soon as possible!!!]
【The Ming Dynasty will no longer be short of money in the future!!!】
At this moment, Zhu Yuanzhang felt that he had paid too little attention to the treasure banknote raising ceremony in the past.
This is not a treasure bank collection department. This is obviously a gold, silver, and copper manufacturing department!!!
Although what is produced is the Ming Dynasty's currency, it does not matter, as long as these Ming's currency have the value of gold, silver, and copper, and can be copied continuously.
From now on, as long as the Ming Dynasty is short of money, just let the treasure banknote collection department increase its efforts to copy the Ming Dynasty's current treasure banknotes.
Queen Ma on the side looked at Zhu Yuanzhang who had fallen into his own reverie, and asked for the first time:
"There must be some drawbacks to this, right?!!"
“Is it really possible to copy the Ming Dynasty’s popular banknotes without any restrictions?!!”
Yan Changqing nodded and reported calmly:
"Of course there are disadvantages!"
"As I said just now, why did millions of people in the Ming Dynasty easily accept and recognize the currency of the Ming Dynasty, which is directly equivalent to the value of gold, silver, copper and other general equivalents?!!"
"Those are the ones who are using the credibility and credibility of the entire Ming Dynasty as a guarantee because Your Majesty!!!"
"As a guarantee, they hold Da Ming Tong Xing Bao Banknotes, and they can buy items of value consistent with the face value of Da Ming Tong Xing Bao Banknotes at any place in Ming Dynasty, or exchange them for gold, silver, copper!!!"
"For example, one hundred Wen of Ming Dynasty's currency can buy food worth one hundred Wen, or it can be exchanged for one hundred Wen copper coins."
"And once they find that the Ming Dynasty Tong Xing Bao Banknotes they are holding cannot buy items of value that match the face value of the Ming Dynasty Tong Xing Bao Banknotes, or they cannot exchange them for gold, silver, or copper that is equal to the face value of the Ming Dynasty Tong Xing Bao Banknotes."
"For example, a hundred cash notes from the Ming Dynasty can only buy ninety cash worth of grain, or it can only be exchanged for ninety cash coins."
"Then in this process of unequal value, what is consumed is the credibility and credibility of Your Majesty and the country of Ming Dynasty!!!"
"When the credibility of Your Majesty and the country of Ming Dynasty is consumed more and more, then the trust of millions of people in Ming Dynasty in Your Majesty and the country of Ming Dynasty will become lower and lower."
"If millions of people in the Ming Dynasty no longer believe whatever words His Majesty and the Ming Dynasty court say, then what do you think will happen?!!"
At this moment, Zhu Yuanzhang, who had come back from his reverie, Empress Ma who asked the question, and the princes Zhu Biao, Zhu Di, Zhu Fan, Zhu Di and other princes who were listening silently all had solemn expressions on their faces.
If millions of people in the Ming Dynasty no longer believe in the emperor and the court, then the emperor and the country may have come to an end!!!
"Your Majesty and the imperial court can issue as many Ming Dynasty currency notes as they want. After all, the notes are just a piece of paper. They have no value in themselves, and it is not difficult to copy them."
"But His Majesty and the imperial court must ensure that every Ming Dynasty currency issued can purchase items of equal value in the hands of millions of people in Ming Dynasty, or can be exchanged for gold or silver of equal value. with copper.”
"Because in the eyes of ordinary people, "Shui Ming Tong Bao Banknote is the general equivalent of gold, silver, and copper."
"And once they find that the Ming Dynasty currency notes in their hands cannot buy items of the same value, or they cannot be exchanged for gold, silver and copper of the same value.
"Then they will think that His Majesty and the imperial court defrauded them of their money!!!"
"For example, a one-hundred-money Ming Dynasty currency can only buy items worth ninety-coin, or it can only be exchanged for ninety-coin worth of copper coins.
"Then it was His Majesty and the imperial court who deceived them into paying money!"
"Another example is that a hundred cash notes from the Ming Dynasty can only buy items worth seventy cash, or can only be exchanged for seventy cash worth of copper coins.
"Then it was His Majesty and the imperial court who defrauded them of thirty coins!"
"If one day, all the Ming Dynasty currency notes in their hands will become worthless, they will not be able to buy anything, and they will not be able to exchange for any gold, silver or copper."
"Then it was His Majesty and the imperial court who defrauded them of their life savings!!!"
"Tsk, tsk, tsk, an emperor and the imperial court who deceived millions of people who had worked hard for their life savings [do you think this emperor and the imperial court will be overturned and buried alive by thousands of angry people?!!"
Yan Changqing said with a mocking smile on his face.
Zhu Yuanzhang, Empress Ma, Prince Zhu Biao, Zhu Di, Zhu Fan, Zhu Di and other princes all had pale faces.
"By the way, before I came here, I asked specifically that the current Ming Dynasty currency notes of 100 renminbi can actually only be exchanged for 85 renminbi copper coins.
Yan Changqing's light words instantly caused Zhu Yuanzhang's face to turn completely pale, and there was even a touch of unspeakable fear in his eyes.
At this moment, Zhu Yuanzhang seemed to see thousands of people roaring at him, saying that Zhu Yuanzhang had defrauded them of their money, and they wanted to overthrow Zhu Yuanzhang and bury him alive in the Daming Temple!!!
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