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Chapter 1,117 Kaiyuan Tongbao

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    The currency chaos lasted for a long time, and the Yangzhou Chamber of Commerce withdrew its business in many places, thus reducing losses.

    However, no business is a loss in itself.

    ??Almost all caused by Taiping Baiqian and Daquan series coins. Businessmen dared to be angry but dared not speak out.

    Liu Ke has long wanted to carry out a currency reform, but the five-baht currency is deeply rooted in the hearts of the people, and it is not an easy thing to change.

    With Liu Bei and Sun Quan acting recklessly and fighting for it, it actually gave Liu Ke an opportunity.

    "There are fewer and fewer five-baht coins circulating in the market." Liu Ke set the tone as soon as he opened his mouth.

    There are many rich people in Yangzhou, and with the improvement of people's living standards.  ¡°Money¡± is not enough.

    Big businessmen use gold for settlement, but ordinary people can also spend tens of thousands of dollars.

    If it were not for the support of banks, the financial system would have collapsed long ago.

    The existence of banks is equivalent to promoting a part of "paper money".

    However, people are getting richer and richer, and the face value is obviously too small to settle with "money" alone.

    "My lord, the war is about to begin. Will our sudden change lead to"

    "No." Liu Ke understood Lu Su's worries, "At worst, we can wait until the reform is completed before starting the war, which could take as little as one year or as long as two years. Isn't it possible to handle this small matter?"

    Lu Su sighed!

    Only the Lord would treat something like this that affects millions of people as a trivial matter.

    Lu Su knows exactly how much courage is required.

    "What does the lord plan to do?"

    "I already have an idea in my mind." Liu Ke blurted out, "The first is that copper coins must be available and circulated as small coins, and the second"

    "My lord, are we also doing Taiping Hundreds of Money? This is too blatant."

    Lu Su¡¯s heartbeat quickened.

    Yangzhou is different from other places in that it has initially opened up the people¡¯s wisdom.

    If this is done, opposition from all walks of life will be fierce, and it will even affect Liu Ke's rule.

    Because this method of plundering is too barbaric.

    "A hundred coins for peace? Xiao Shu'er!" Liu Ke said disdainfully, "Isn't the large amount of silver mines I traded from Dongzhou County just for this time?"

    Historical records indicate that during the Western Han Dynasty, gold became popular in the market.

    At that time, gold was used in all transactions. At that time, gold was rewarded according to the pound, and even fines were paid in gold.

    The use of silver in ancient times has been recorded very early.

    It would take until the Jingyou reign of Emperor Renzong of the Song Dynasty (1034¡ª¡ª1037 AD) to truly become a currency in circulation. The imperial court stipulated that taxable silver should be paid, and silver ingots officially obtained legal currency status.

    So now Liu Ke proposes to use silver to make currency, which is very novel.

    The failure of Liu Bei¡¯s Taiping Hundred Coins was that the five-baht coin, which weighed five cents, changed its appearance and became the Taiping Hundred Coins, which weighed five cents.

    Some Taiping 100 coins weigh less than 5 coins.

    "It's just treating the people like fools. Who would be happy?"

    The new coins made by Liu Ke are different, mixed with silver.

    Since ancient times, gold and silver have been precious metals.

    "My Lord, you mean to use silver as coins?"

    "good!"

    Yangzhou¡¯s craftsmanship is constantly improving, and now it¡¯s time to face new challenges.

    As long as the coins are made exquisite enough to appear valuable, and with the credibility of the government, it is not a problem to circulate them.

    ¡° Moreover, Liu Ke will not make coins without restrictions like Yizhou.

    The existing coins are indeed not enough to support the huge market in Yangzhou.

    Under this premise, Liu Ke seeks benefits for the government and raises military posture for the next war. The success rate is still very high, at least over 90%.

    The losses of the common people are not big, but the big businessmen will suffer some losses.

    But Liu Ke single-handedly supported the businessmen, such as the Mi family, the Zhen family, and the Qiao family. How could they go against Liu Ke?

    "If the currency reform can succeed, the problem of military expenditure will be solved directly." Lu Su looked very excited.

    With Yangzhou¡¯s current finances, it is not a problem to support Liu Ke¡¯s millions of troops in fighting for a year.

    However, the situation of the war is unpredictable. What if it is postponed to the second year?

    We can only borrow money!

    Does the government not want face?  Borrowing money again and again

    ??"This currency reform directly determines three types of coins. One is copper coins, the other is silver coins, and the last one is gold."

    "Among them, one gold is equal to one hundred silver coins, and one silver is equal to one hundred copper coins."

    "You will continue to discuss the specific rules and regulations and come up with a plan, and the officials will be responsible for improving it."

    ¡°After it is perfected, throw it to the business school and Yangzhou Chamber of Commerce and let them find faults. Once they are sure that there are no problems, we will start to implement it.¡±

    Liu Ke gave a general direction, and the rest still needs to be completed by his subordinates, otherwise what is the point of raising so many talents.

    "My Lord, since it is a new coin, it should be given a new name, right?"

    Liu Ke thought about it for a while and settled on the four words "Kaiyuan Tongbao".

    The word "Kaiyuan" appeared in the early Eastern Han Dynasty at the latest.

    Ban Gu, a famous scholar and historian in the early Eastern Han Dynasty, mentioned the word "Kaiyuan" many times in his articles.

    Lu Su was immediately startled when he heard "Kaiyuan Tongbao".

    why?

    Because Ban Gu wrote in the "Book of Han¡¤Li Xun Biography": "Two hundred years have passed since the rise of the Han Dynasty, and the Kaiyuan Dynasty has passed. The emperor descended from the right of Fei Cai, and the Han Kingdom once again received the talisman of its destiny."

    Not only that, Ban Gu also wrote in "Ode to the Eastern Capital": "The great man of the Han Dynasty was the Kaiyuan Dynasty, and he worked hard to ascend to the throne."

    Having said this, everyone must have understood that the word "Kaiyuan" refers to the founding of a country, that is, the establishment of a new country.

    what does that mean?

    What kind of signal is this?

    "My lord, how about changing your name?" Lu Su suggested, adhering to the principle of keeping a low profile.

    "What's wrong with Kaiyuan?" Liu Ke asked, "In this way, the new currency can be circulated better."

    Liu Ke¡¯s rule in Yangzhou has been deeply rooted in the hearts of the people.  People often wonder why King Dongyang didn't ascend the throne directly.

    Now, "Kaiyuan Tongbao" is an excellent signal, and people will definitely love it.

    Moreover, the upcoming war in the Central Plains can also boost morale and inspire people.

    Kaiyuan Tongbao is divided into three types: copper, silver and gold, which are convenient for all walks of life.

    In just seven days, the samples produced by Tieniu City appeared on Liu Ke's case.

    Liu Ke always felt that something was wrong, and later found out that it was the calligraphy of the four characters "Kaiyuan Tongbao".

    To this end, Liu Ke specially approached Cai Yong and asked Cai Yong to create a unique font.

    When the new samples were produced, hundreds of officials applauded.

    A coin is as exquisite as a work of art.

    Three months later, Kaiyuan Tongbao officially began to circulate and became the main currency.

    Since there are Yangzhou banks everywhere, promotion is effortless.

    In the past, people only had five baht coins and gold as currency. Liu Ke just added a silver coin between them, so it did not cause much backlash.  (Remember the website address: www.hlnovel.com
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