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Text 256¡¾Coin Minting Plan¡¿

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    The salary of the village head is set at two buckets of rice per month, which is more than 30 catties, enough to feed a strong rural laborer.

    I can only feed myself and cannot support my family.

    Because the village chief spends most of his time farming by himself.

    ? Persuading people to collect food and organizing road construction, these activities are all in the slack season, so there is nothing to do.

    As for mediating disputes, I went with a bowl during meal time, and the disputes can be settled while grilling rice.  If you are big-hearted, you can let the villagers do it first, and then talk about it after you finish the meal.

    This level of salary is equivalent to raising one more teacher per village.

    By the way, the salaries of rural teachers are now supported by the villagers of each village, mainly to relieve financial pressure.  You may question that this is not compulsory education, but this is how New China came about. Farmers are willing to support teachers in their own villages, and they respect teachers very much.

    Even so, the financial expenditure is still too large, because this year we have to provide relief to the disaster-stricken people in Huguang and Guangdong, and we have to immigrate a large number of people to areas where the military disaster was serious.

    "The Baoquan bureau has been built, and several kinds of money molds have been made, and we can start casting money this month."

    Fei Chun and Song Yingxing came to find Zhao Han to discuss matters, and they also pulled Li Banghua and Huang Shunfu.

    Fei Chun said: "The Department of Finance and the Department of Government Affairs have disputes over which kind of money should be minted more. To be honest, there is no way to discuss this issue. Each has its own advantages and disadvantages."

    "You can't make too many ten coins, otherwise the people will suffer." Huang Shunfu, who is in charge of the Department of Government Affairs, said.

    Fei Chun argued: "Even if you don't mint ten coins, you should mint five more. Otherwise, if you mint flat coins or two coins, we will lose as much as you cast!"

    Li Banghua suggested: "It's too much to exploit the common people by discounting ten coins, and it is bound to lose money if it is equal to two coins. In my opinion, let's discount five coins for all castings, and it is announced that all grain stores will not accept ten discounts."

    "If the grain bank announces that it won't accept 10% off, who will use it? The 10% off in the hands of ordinary people will be thrown into their hands?" Huang Shunfu is concerned about people's livelihood.

    Fei Chun said angrily: "If we accept it, Chongzhen will keep casting it. Why should we be used to Chongzhen?"

    The two chief officials of finance and civil affairs quarreled right in front of Zhao Han, and each had their own reasons.

    The root cause was the financial distress of the Ming court, so printing money became more and more outrageous, divided into flat money, two-fold, five-fold, and fourteen-fold.  Not only are the denominations of copper coins getting bigger and bigger, but the quality is getting worse and worse, which leads to a crazy decline in the purchasing power of copper coins.

    Coupled with the deflation of silver, the current copper-silver exchange ratio is very outrageous in some places, and one tael of silver can even be exchanged for four thousand copper coins!

    If Zhao Han's Baoquan Mint dared to mint a large number of flat coins and double coins, it would definitely lose as much as it minted.  The better the quality and the smaller the currency value, the more merchants like it. They must sweep up the goods in the market, store all the good money, and then let Chongzhen's bad money circulate in the market.

    This is a typical example of bad money driving out good money!

    And there is no solution, because the circulation of Chongzhen's rotten money is too large.  First, Zhao Han's coinage is too small to hold Chongzhen Tongbao; second, the circulation of Chongzhen Tongbao cannot be directly banned, otherwise Zhao Han's territory will fall into economic chaos.

    After all these people had finished arguing, Zhao Han made a final decision: "Baoquan Bureau casts coins, and I have three requirements. First, a large amount of castings will be discounted at five coins, and a small amount of castings will be discounted at two coins. The quality of coins is comparable to that of Nanjing in the fourth year of Chongzhen;  Second, use the current money models first, and immediately start making new models. It is still called Chongzhen Tongbao, but the word "Datong in the World" must be added;  "

    The quality of Nanjing copper coins in Chongzhen four years is worse than that of Beijing coins in the same period, but much better than that of later ones. It can be regarded as a medium-valued copper coin.

    As for still casting Chongzhen Tongbao, it is mainly to facilitate circulation in other provinces.

    Adding the words "Datong under heaven" does not hinder the use of copper coins.

    At the end of the Chongzhen period, there was also a kind of copper coin, which was of very poor quality and was cast with a galloping horse pattern, commonly known as "Racing Horse Chongzhen".  This is a kind of private money. Some people think that it was minted by Li Zicheng. It is normal for Chuang Wang to ride a horse.  When a horse enters the gate, it is a breakthrough. When a horse breaks into the Forbidden City, Li Zicheng will destroy the world.

    Huang Shunfu reminded: "In the town, if the food store refuses to accept the discount, I am afraid that Jiangxi folks will need 6,000 to 8,000 cash to exchange for one tael of silver."

    "Even so, I still have to reject it," Fei Chun immediately snapped back, "Long-term pain is worse than short-term pain. We can't keep letting Chongzhen mint money to suck our blood. This is also sucking the blood of the people of Jiangxi. If we let it circulate again, Chongzhen is afraid that he will be able to make a lot of money worth hundreds of words!"

    Zhao Han stopped and said: "Okay, don't say any more, it's settled like this. As for the people who have a ten-dollar discount in their hands, they can only consider themselves unlucky, and we will alsoThe significance brought by Guangdong can not only intervene in maritime trade, but also alleviate the silver shortage.

    ?From the mid-Ming Dynasty, a large amount of silver flowed into China.

    It is hard to say whether there is inflation or not, because the economy of Ming Dynasty was also developing at a high speed at that time, and the rise of prices is certain.  Especially in the Jiangnan prefectures, the social economy is constantly increasing, and if prices do not rise, there will be problems.

    Many of these silvers flowed into the cellars of rich merchants, which also promoted the industrial and commercial upgrading of the various prefectures in the south of the Yangtze River.

    However, after Zhang Juzheng's reform, instead of inflation, there was a shortage of silver in all parts of the country, because the government only collected silver for taxes.

    At the end of the Ming Dynasty, the Spanish Empire declined, and the inflow of silver decreased, and now there is a general silver shortage.

    ?On the one hand, silver is scarce, and on the other hand, copper coins are indiscriminately minted, resulting in an increasingly outrageous exchange ratio between silver and copper coins.

    According to the statistics of later generations, in only four years of Chongzhen, the silver imported from the Philippines to Macau was as high as 14 million taels.  Regardless of whether the data is true or not, one thing is certain, Macau is the main silver importer of Ming Dynasty.

    As long as Guangzhou is occupied, the silver shortage under Zhao Han's rule can be alleviated, and the impact of Chongzhen's indiscriminate issuance of copper coins can also be slightly offset.

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