I am a child of Daqin Xiong, who supervises the country at the age of eight

Chapter 170 Banknotes
In the view of Ying Zheng.

Now this crafts the cannon.

It's all money.

Moreover, it is not a small sum.

At the same time, Ying Changsheng on the side smiled and said to Ying Zheng.

"Father, you don't have to worry. Although it takes a lot of copper to make cannons, there is also a lot of copper in my Daqin. Moreover, copper is used to make cannons compared to making money. That's the right way!"

"As for the money?"

"It's absolutely fine, just use something else to make money!"

Ying Changsheng said.

"Changing something to make money?"

A look of surprise appeared on Ying Zheng's face.

In the view of Ying Zheng.

Under the sun.

Can be used to mint money.

Most likely, that is copper.

Is it possible that instead of using copper to make money, use iron to make money?
However, think about it carefully.

Yingzheng felt that it was very inappropriate-the fundamental reason why copper coins were recognized by people was that they were made.

Copper is an expensive metal.

Today's utensils are all made of copper.

In this situation.

People naturally recognized the value of copper coins.

But once it is made of other metals.

For example, exchange for money to cast money.

Not to mention, iron is easy to rust.

Just one thing.

The cost of iron is too low compared to copper, right?
If you use iron to cast money.

Will anyone think that the value of iron money?

For a moment, Ying Zheng frowned, then murmured.

"Throughout the ages, copper has always been used to cast money. If it is replaced by iron to cast money, I'm afraid it would be inappropriate!"

"Father, who told you that my son wants to use iron to make money?"

With black lines on Ying Changsheng's face, he said awkwardly to Yingzheng.

Of course, he didn't plan to use iron to make money.

After all, Ying Changsheng knew something about iron money.

Historically, during the Song Dynasty, iron coins were produced on a large scale.

However, the effect is not good.

And because of this, Jiaozi, the first paper currency, was born in the local area.

At the moment, Ying Changsheng naturally does not plan to cast iron coins in Daqin.

as a traveler.

If he did such a thing, it would be too low.

I heard Ying Changsheng laughing and explaining to Yingzheng.

"Father, my son did not intend to forge iron coins."

"My son's idea is actually very simple. My son intends to make banknotes!"

"Paper money?"

Mumbling this, unfamiliar name, Ying Zheng looked surprised.

Very puzzled.

He didn't understand, what exactly are banknotes?

At this time, Ying Changsheng explained directly to Ying Zheng the wonderful use of banknotes, he explained.

"Father, this banknote, speaking of it, is quite simple!"

"It's nothing more than using exquisite paper, printing it, and then letting it act as currency of different denominations..."

"what?"

After listening to these.

Ying Zheng, who was in front of Ying Changsheng, inevitably took a deep breath.

He looked at Ying Changsheng in front of him in disbelief, and then exclaimed.

"Using paper as money?"

"how can that be?"

"You boy, is it true that everyone in the world is a fool?"

"Can this paper be used as money?"

"How can the common people in this world recognize it?"

Yes, the idea of ​​winning politics is very simple.

Very simple.

Nothing more than that.

Paper stuff.

How is it possible to use it as money?
But Ying Changsheng is very confident about this.

After all, he is in the afterlife.

It's paper currency.

Even, later, no currency was used.

Just use a string of numbers stored in electronic information.

to serve as currency.

Ying Changsheng is naturally quite clear about the role of currency.

It is also clear that the currency actually.

Just a general equivalent.

It is nothing more than something that is not very valuable, and it is artificially endowed with value.

All of this is clearly explained in the junior high school politics textbooks of later generations. I only heard the current Ying Changsheng explain it to Chao Yingzheng with a smile.

"Father, this paper currency sounds a bit unbelievable and seems to be a fantasy. However, please listen to me and tell me carefully. It is completely feasible!"

With that said, Ying Changsheng explained to Ying Zheng again.

"I, the Great Qin Dynasty, issued an order to issue banknotes to circulate among the people. The price of banknotes is the same as the price of copper coins!"

"People, traders, don't refuse to use it!"

"Of course, considering that the common people don't trust this banknote temporarily, I, Daqin, should also let them, slowly believe that although this banknote is just a piece of paper, he can indeed spend it as money... "

"You boy, isn't this nonsense? Paper is paper. If you talk about it, it's just a piece of paper. How can it be used as money?"

Ying Zheng rolled his eyes and said to Ying Changsheng with a look of disbelief.

But Ying Changsheng patted his chest and spoke confidently to Ying Zheng.

"As long as I, Daqin, don't print paper money indiscriminately, then this thing can really be spent as money!"

Then, Ying Changsheng explained to Ying Zheng.

"The copper coins circulating among the people are actually very heavy. When ordinary people use copper coins, if they want to buy a new set of clothes, they have to carry a large bag of copper coins when going out, which is very inconvenient. But when businessmen start doing business, then It’s even more difficult!”

"Copper coins are quite inconvenient to carry!"

"The banknotes are much lighter. A piece of paper is money. It is light and easy to carry. Put it in your pocket and you can take it away!"

"As for how to make the people believe in paper money?"

"It's also very simple. All you need is for the court to issue a decree!"

"What decree?"

When Ying Zheng heard this, he couldn't help showing doubts on his face, and then asked.

"Set up a bank everywhere, and then allow people to take banknotes and exchange them for copper coins from the bank!"

"In this way, banknotes are nothing more than a substitute for copper coins, and the imperial court also allows them to be exchanged with copper coins. In this way, the people are naturally willing to believe in this banknote..."

"Compared to heavy copper coins, once the common people trust paper money, then the common people will definitely exchange the copper coins they usually use into paper money."

"In this way, at that time, paper money will be used in the market, and the copper coins will be in the treasury of my Daqin. My Daqin, the newly mined copper mines, there is no need to cast copper into copper coins, just print paper money directly!"

"For no reason, not to mention saving a lot of man-hours, it's still possible to save a lot of copper. Father, do you think this strategy is brilliant?"

"Brilliant, don't be too clever!"

Ying Zheng slapped his thigh fiercely and said.

"If this is really possible, our Great Qin Court will never be short of money in the future!"

Hearing that Ying Zheng thought of this, Ying Changsheng's expression suddenly changed.

He raised his face and said solemnly to Yingzheng.

"Father, although this banknote is good, but you must not overprint banknotes!"

Yes, of course you can't spam, otherwise, this thing will be inflationary...

(End of this chapter)