Datang Fenghua Road

The two Hundred Knights were trembling with fear, and their lips were trembling when they spoke.

The two of them obviously wanted to explain a few words, but the words they said were trembling and stammered: "Your Majesty... Your Majesty, no... No one is greedy..."

Han Yue let out a wry smile and reached out to stop the emperor.

He turned his head and glanced at the two warriors, and sighed softly: "Father, don't be angry, I will answer this matter. It is a great skill to be able to exchange Baiqisi for 6000 million guan, and the initial budget of the child is only 4000 million... "

"What did you say? 4000 million!"

The emperor was obviously startled, with a stunned expression on his face.

He could be angry with Bai Qisi, but he couldn't be angry with his son. So many years of experience told Li Shimin that his son would never do anything wrong.

Han Yue stepped forward and pulled the two Hundred Horsemen up, and then handed the secret letter to Li Shimin. He didn't read the content himself, but what he said was almost the same as the secret letter.

"Gold is a hard commodity. Suppressing the treasury, it is difficult to circulate. The Han nation has a drawback. Whether it is poor or a high-ranking family, everyone likes to save money, and no one can get rid of such a bad habit. The family uses the money pot, and the gate of the wealthy digs the money cellar. Every time a penny is saved, the whole family will be happy, reluctant to eat, reluctant to wear, and it is difficult to see the sun when the money is saved..."

This is almost a piece of copper coins from the Tang Dynasty. Although it is simple and clear, it points to the shortcomings of the times. Li Shimin's complexion did not change at the beginning, and the more he heard it, the more startling he felt.

Han Yue sighed softly, and then added: "Han people like to save money, it has been since ancient times, so the copper coins of the past dynasties are always not enough, because most of the money created is buried in the ground."

He glanced at the two soldiers as he spoke, and said in a deep voice, "This time I have to repay the debts of the common people, so I had to exchange gold for copper coins as a last resort, because the common people are poor and can't get a lot of money to repay the debts. The bonds they bought back then At most, it is consistent, and this little money can’t be settled in gold at all, not only can’t it be settled in gold, but they can’t even get change in silver.”

After speaking with a wry smile, he sighed: "So you can only exchange copper coins, and you will lose money in exchange..."

"why?"

Li Shimin's face was confused, and he said in a daze: "Obviously, the ratio of gold and copper coins is 150, how can it be exchanged for a discount?"

Han Yue smiled bitterly again, and said helplessly: "It's a huge amount, Father!"

He turned his head to look at the sky and murmured: "In the past few years, the killing of the family was still less, but I didn't expect them to take the opportunity to be disgusting. This time, the target of the gold exchange for copper coins is the big family, because only the family is the only one. Only big clans have accumulated tens of millions of copper coins, and poor people can't get so much money..."

……

……

Li Shimin's eyes flickered, and he fully understood when he heard this.

"It turned out to be an aristocratic family, and they lowered the exchange price!" The emperor gritted his teeth, and there was clearly an evil fire between his eyes.

The two warriors of the Hundred Knights looked at each other, and only then did they have the courage to explain in a low voice.

The two cowardly said: "Report to Your Majesty, to King Zhao, the exchange of copper coins this time is really difficult. Our Hundred Knights used tens of thousands of soldiers, and then went to the Dark Moon Dragon Guard for help. Two The secret spies escorted gold to various places together to exchange copper coins with powerful families. Although the task was completed, the price was suppressed."

Speaking of this, he raised his head cautiously, and said timidly: "We have also used knives to kill people, but we still can't afford the price of killing people. Those noble families would rather die than let go, and we suffer a big loss every time we exchange."

"Humph!" Li Shimin hummed heavily, obviously annoyed when he heard the loss.

The two Baiqisi trembled, bit the bullet and continued to report, saying: "A total of 80 taels of gold were exchanged for only 6000 million copper coins in the end. Exchange at the official price."

"Damn it!" Li Shimin roared bitterly.

Han Yue's face was indifferent, and he even praised the two warriors, saying warmly: "If you can successfully complete the task, this king will definitely give you credit for this."

After finishing speaking, he looked at Li Shimin, and comforted him with a wide voice: "This exchange is too hasty, and it is a blessing to have 6000 million. Although the rich and powerful are rich, 6000 million copper coins are considered the bottom line, so father, don't be angry. That's totally acceptable."

Li Shimin snorted and gritted his teeth: "As long as I think that my wealth has shrunk by half, I want to kill all those bastards."

Han Yue chuckled, and continued to comfort him: "Once the quantity of anything is large, it will lose value, even gold must follow this principle. If 80 taels of gold is exchanged in ten years, then it will definitely be exchanged for 2000 taels of gold." Ten thousand copper coins, but we are in a hurry to use the money, so we can only accept the loss."

After thinking about it for a while, he sighed softly: "Besides, the 6000 million is basically all the copper coins of Datang. If you want to exchange more, I'm afraid you won't be able to get them out..."

Li Shimin was stunned for a moment, then said in amazement, "Why did Yue'er say this?"

The emperor did not wait for Han Yue to speak, and said anxiously: "You told me before that we have a lot of property in the Tang Dynasty. If we count all of them, there are at least twenty ten thousand ten thousand."

"That is the total value of wealth, not the same as the total value of coins."

Han Yue smiled, recalling the money knowledge he had learned a long time ago, and said uncertainly: "Money can only be calculated when it is in circulation. For example, there are only 6000 million copper coins in Datang, but 6000 million can be circulated ten times a year, so big. Tang's total wealth is [-] million. I am not very proficient in this matter, it was taught by my teacher a long time ago."

Li Shimin heard the clouds and fog, and it took him a long time to say bitterly: "I don't care about these reasons, I only know that this time I lost money. A total of 80 taels of gold, let the rich and powerful eat a lot..."

Speaking of which, he seemed to be angry again, and Humu clearly showed signs of breathing fire.

Throughout the ages, emperors are the most greedy, and the more wise the emperor is, the more so, because only good emperors know that money is useful.

Han Yue suddenly smiled, leaned over and said in a low voice: "Father, don't be angry, I have already planned this matter, let's let the rich and powerful have a full meal first, and let them spit it out later. Hmph, account for it." It’s 6000 million yuan cheaper for me, so I have to double it to get it back.”

Li Shimin's eyes suddenly lit up, and he also lowered his voice and said, "The plan will be released?"

Han Yue raised his brows and said proudly, "Regular plunder..."

The grandfather made a gesture of whispering, and it was a little sneaky no matter how you looked at it.

Han Yue suddenly reacted, took two steps back quickly, and coughed awkwardly: "Father, please stay away from me."

Li Shimin was also a little resentful and coughed: "I was a little excited just now, mainly because of the Great Tang."

Although he said that, he couldn't help but want to come over and said with anticipation: "Yue'er, tell me, what do you want to do?"

"What should I do?" Han Yue's eyes flashed, and he said, "Of course it is to issue currency!"

"What, issuing currency?"

Li Shimin was stunned for a moment, then shook his head again and again: "This is difficult, this is difficult! It is very difficult, it is very difficult..."

Chapter 710 Bring up your butcher knife and go kill it

The emperor glanced at Han Yue, and said with a sad face: "The Central Plains lacks copper mines, and even if there were mines, they were hollowed out by the previous dynasties. In the past few years, the court has also minted new coins, but they can only mint tens of thousands of them at most every year. Yueer, you It is a good thing to want to issue currency, but our Tang Dynasty is short of copper..."

Han Yue laughed and said leisurely: "Who said we are going to issue copper coins? Is there no other way but copper coins?"

He glanced at Li Shimin confidently, smiled and continued: "The Royal Bank of Tang Dynasty has been established long ago, but in the past five years, it has only been used for deposits and loans. Among them, there are more deposits and less loans, which has not fulfilled what a bank should have at all. effect."

"What role should a bank have?"

"Correct!"

Han Yue nodded, and said in a deep voice: "The bank has three major functions. One is to absorb deposits, and the other is to issue loans. Deposits must pay interest to people, and loans can make profits. However, I have not been in Chang'an for the past few years. Going astray, only taking deposits but not lending money, so the bank will lose money instead.”

He coughed lightly and said with burning eyes: "Actually, deposits and loans are only business functions. The main purpose of Erchen's establishment of Royal Bank is the third."

Li Shimin is known as the Mingjun of the ancients, and he is naturally not an ordinary person. The emperor heard this, and said with a sullen face: "Is it possible that Yue'er is talking about issuing currency?"

"Haha, Father is right, it is the currency issue!"

Han Yue smiled and explained loudly: "Datang Royal Bank should have the right to issue authoritative currency. This currency is backed by national entities, and then backed by gold and silver, so even a piece of paper, a stone , as long as we recognize that it has value, then it is legal tender.”