Daming: Teach the prince about dragon slaying skills at the beginning

Thinking of someone embezzling the fifteen Wen coins of tens of thousands of people in the Ming Dynasty, but in the end he had to consume Zhu Yuanzhang and the credibility of the Ming court to make up for the difference in the price of the fifteen Wen coins.

Zhu Yuanzhang can't wait to go out and kill people with a knife to investigate corruption! ! !

There may be people who dared to let Zhu Yuanzhang take the blame after embezzlement.

But it doesn't matter, he already knows about it now, and soon this person, his family, and his nine clans will all be gone soon! ! !

Zhu Yuanzhang said this! ! !

Yan Changqing shook his head with a wry smile, turned around and wrote two new nouns [inflation] and [deflation] on the wooden rice paper behind him.

Then Yan Changqing turned his head to look at Zhu Yuanzhang again, and explained:

"Maybe someone has embezzled in other ways, but no one has embezzled the fifteen cents of the thousands of common people."

"At least in this day and age, no one has been able to embezzle in this way."

"The reason why tens of thousands of people will lose fifteen coins is mainly due to [inflation] caused by His Majesty."

inflation? ! !

Zhu Yuanzhang, Empress Ma, princes Zhu Biao, Zhu Xi, Zhu Fan, Zhu Di and other princes found themselves hearing a new term that they had never heard of before.

"Mr. Yan, what do you mean by inflation?!"

Prince Zhu Biao couldn't help asking.

After all, the credibility of Daming is related to the survival of Daming, and this so-called [inflation] seems to be the reason for the decline of Daming's credibility.

In this way, how can Zhu Biao not be in a hurry.

In fact, not only him, but also the princes such as Empress Ma, Zhu Xi, Zhu Fan, Zhu Di, etc., are eager to figure out what the word "inflation" really means.

And Yan Changqing didn't intend to continue to sell Guanzi, but explained directly:

"First of all, we need to know that gold, silver, copper, and Daming Tongxing banknotes, these general equivalents are the money that Daming currently uses to circulate and trade in the market."

"At the same time, we also need to know that within a certain period of time, the more money, the better."

"To give the simplest example, I now have ten glazed beads and one hundred-wen Ming Tongxing treasure note in my hand."

"And His Royal Highness King Chu and His Royal Highness King Qi happen to have [-] Wen Ming Tong Xingbao banknotes in their hands, so you can just buy five glazed beads and go back."

"But now, suddenly, His Royal Highness King Chu and King Qi each have a thousand Wen Da Ming Tong Xingbao banknotes in their hands, while I still only have ten glazed beads in my hand."

"At this time, you all want to buy colored glaze beads, so can you still buy colored glaze beads with one hundred Wen Ming Tongxing treasure notes?!"

Zhu Zhen, king of Chu, hesitated for a while and replied:

"It should be ok, sir, didn't you say one hundred gold coins?!"

Qi Wang Zhu Mi also nodded and said:

"That's right, if we have a thousand treasures in our hands, it should have nothing to do with Mr."

Yan Changqing smiled and said:

"Hehe, if you each have a thousand treasures, it means that one of you can buy all the ten glazed beads in my hand."

"But what about the other person?!"

Zhu Yu said with an indifferent look on his face:

"Then the other person won't buy it."

Yan Changqing suppressed the smile on his face, and said seriously:

"What if glazed beads are food?!"

"What if His Royal Highness King Qi is an ordinary person who is waiting to buy food and go back to save lives?!"

"At this time, can His Royal Highness say no to buying it?!"

Zhu Yu was taken aback for a moment, then replied:

"Then I'll buy it 0..."

"How do you buy it? His Royal Highness the King of Chu wanted one hundred Wenbao notes, and he bought them all."

Yan Changqing looked like he was asking the bottom line after breaking the casserole.

"Buy it at a higher price! Sixth brother buys one hundred Wenbao bills, so I can buy one with two hundred Wenbao bills, right?!"

Zhu Yu also replied subconsciously.

Zhu Yuanzhang, Empress Ma, Prince Zhu Biao, Zhu Yu, Zhu Bian, Zhu Di, and other princes who were listening to the question and answer between Yan Changqing and Zhu Mi all had a thoughtful look on their faces.

At this moment, they already vaguely understood what Yan Changqing meant by [inflation].

Yan Changqing, who received the last answer from Zhu Wei, looked at Zhu Yuanzhang, Empress Ma, and the princes Zhu Biao, Zhu Yu, Zhu Yan, Zhu Di and other princes present and said:

"As shown in the communication with His Highness King Qi just now, because His Royal Highness Chu and King Qi have more money, but the number of glazed beads I own has not increased, and they must all buy my colored glaze beads. Bead's words."

"Then the only way is to increase the price!!!"

"I set a price of [-] Wenbao notes, but you have to take the initiative to increase the price to [-] Wenbao notes before you can buy them."

"Of course, it's actually more likely that I raised the price of the glazed beads from [-] Wenbao notes to [-] Wenbao notes before you took the initiative to increase the price."

"This phenomenon of spending two hundred Wenbao notes, but can only buy things that can be bought with a hundred Wenbao notes, is called the depreciation of treasure notes!!!"

"For example, the one-hundred-wen treasure banknote can only be exchanged for 85-wen copper coin, which is also depreciated."

"In other words, the current one-hundred-wenbao banknotes are not as valuable as the previous one-hundred-wenbao banknotes."

"The current 85-wenbao note is only worth the original [-]-wenbao note. It's not that someone embezzled the [-]-wenbao note."

After Yan Changqing explained to this 0.3 level, Zhu Yuanzhang finally understood what Yan Changqing meant when he said that no one had embezzled the fifteen cents of the tens of thousands of people.

"When the overall level of prices in Ming society continues to rise and the value of treasures begins to depreciate on a large scale, it is called inflation."

"And the reason for inflation is that there is too much money for circulation and transactions in the current Ming society."

"To put it another way, His Majesty has issued too many Daming Tongxing treasure banknotes, which exceeds the number of Daming Tongxing treasure banknotes currently needed for circulation and transactions in Daming society!!!"

"So it caused inflation, which led to the depreciation of Daming Tongxing Banknotes, which in turn led to a decline in the original purchasing power of Daming Tongxing Banknotes."

"In the end, the tens of thousands of people in Daming lost their trust in His Majesty and in Daming's credibility because of the decline in the value and purchasing power of Daming Tongxing's banknotes."

Yan Changqing finally concluded.

......

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Chapter 157: Guaranteed supply, less issuance, and the solution to inflation 【Please subscribe, please order in full】

[Daming Tongxingbao issued too many banknotes? ! ! 】

[We can't issue Daming Tongxingbao banknotes at will? ! ! 】

[Can't we copy hundreds of millions of Ming Tongxing banknotes in one day? ! ! 】

[Are we still the old pauper who can't even take out a million taels casually? ! ! 】

......

Zhu Yuanzhang didn't really understand what Yan Changqing said at the end, such as "overall and sustained rise in the general price level", "inflation", and "decline in purchasing power".

After Yan Changqing explained so much, he only understood two things.

One, no one has embezzled the fifteen coins of tens of thousands of common people in Ming Dynasty.

Second, he copied too many Ming Tongxing banknotes, and he couldn't continue to copy Daming Tongxing banknotes.

In other words, he can no longer print and distribute money at will.

He also couldn't be able to own Daming Tongxing banknotes worth hundreds of millions of gold, silver, and copper in a day.

"Then sir, how should we solve this inflation so as to bring back Daming's credibility?!"

Zhu Di stood up again and asked respectfully.

There is one thing to say, in fact, Zhu Di didn't fully understand what Yan Changqing said at the end.

But there is one thing in 06 that Zhu Di knows very well, that is, if there is a problem, then solve it.

It doesn't matter if he doesn't fully understand inflation now, let's solve the problem of inflation first.

After all, Daming's inflation will affect the level of Daming's credibility, and the level of Daming's credibility is directly related to the survival of Daming.

After solving the problem of inflation first, he will still have a lot, a lot of time to slowly study what Yan Changqing said about inflation.

Yan Changqing turned around and wrote the four characters of [Inflation] and [Deflation] under [Credibility] on the wooden rice paper behind him.

Then, Yan Changqing turned his head to look at Zhu Yuanzhang, Empress Ma, the princes Zhu Biao, Zhu Yu, Zhu Fan, Zhu Di and other princes, and explained again:

"The meaning of inflation has just been said, it is the phenomenon that the general price level in the social and economic operation continues to rise in an all-round way."

"And the direct cause of inflation is that the number of Daming Tongxing Banknotes issued by His Majesty exceeds the number of Daming Tongxing Banknotes currently needed in the circulation and transaction process of the Ming society."

"The specific manifestations of the phenomenon of inflation are: rising prices, depreciation of treasures, and overheating of the economy."

"But the essence is that the total social demand is greater than the total social supply!!!"

Speaking of this, Yan Changqing paused, and gave Zhu Yuanzhang, Empress Ma, and the princes Zhu Biao, Zhu Xi, Zhu Yan, Zhu Di and other princes some time to digest and absorb.

Then, Yan Changqing took the previous example again and further explained:

"Just like the example just given, I have one and only ten glazed beads in my hand, and the original price is one hundred Wenbao notes, while His Royal Highness King Chu and King Qi both have one thousand Wenbao notes in their hands. We need to buy more glazed beads."

"So His Royal Highness King Chu and King Qi had to increase the price in order to buy the glazed beads in my hand. As a result, the two-hundred-wen treasure banknote was only worth the original one-hundred-wen treasure banknote."

"The total number of glazed beads that His Royal Highness King Chu and His Royal Highness King Qi want to buy is greater than the total number of glazed beads that I can provide for purchase. This is the so-called total social demand greater than the total social supply."

After listening to such a simple and easy-to-understand example given by Yan Changqing, Zhu Yuanzhang, Empress Ma, the princes Zhu Biao, Zhu Yu, Zhu Fang, Zhu Di and other princes all suddenly became enlightened.

【I see!I want to buy more things than others can let me buy. It turns out that this is called the total social demand is greater than the total social supply! ! ! 】

[If this is the case, it means that the people of Ming Dynasty want to buy more things than the merchants of Ming Dynasty can buy. 】

[So it led to the increase of prices for the people of the Ming Dynasty, and the phenomenon of rising prices, which in turn led to the depreciation of the Daming banknotes, and the so-called "money is worthless". 】

[If this is the case, is it to provide more things for the people of Daming to buy, so that everyone in Daming can buy what they need at the original price, so that the so-called inflation problem can be solved? ! ! 】

.......

Looking at Zhu Yuanzhang, Empress Ma, princes Zhu Biao, Zhu Xi, Zhu Fan, Zhu Di and other princes who had suddenly realized their faces, Yan Changqing nodded in satisfaction and continued:

"As I just said, when the total social demand is greater than the total social supply, it will lead to inflation."

"However, in the example just now, if I have ten more glazed beads in my hand, there will be a total of twenty glazed beads, and it will still be a hundred-ween treasure note."

"Then even if His Royal Highness the King of Chu spends all the [-] Wen treasure notes in his hand, it will not be able to buy all the glazed beads in my hand."

"Faced with this situation, His Royal Highness King Qi naturally didn't have to worry that he would not be able to buy glazed beads, so he bought them at a higher price."

"In this way, you can still buy ten glazed beads at the same price as before with a thousand-wen treasure bill."

"The value of the one thousand Wenbao note is still the same as the previous one thousand Wenbao note, and has not depreciated."

"And if the precious notes do not depreciate, then the people of the Ming Dynasty will naturally not think that His Majesty and the Ming court have cheated them of their money."

"Naturally, the trust of the people of the Ming Dynasty in His Majesty and the Ming court will increase again, and then return to the original [-]% credibility!!!"

"To use the most familiar sentence to you, that is, the hearts of the people are not lost!!!"

"The hearts of the people are not lost, that is, the credibility of His Majesty and Daming is still strong, and the people of Daming will continue to support His Majesty and the Ming court, and continue to support His Majesty and the people of Daming."

"In this way, the Daming Jiangshan Sheji will naturally be stable."

"This is the most important and fundamental step in solving inflation - ensuring supply!!!"

"Guaranteeing the total supply of the Ming society can meet the total needs of the people of the Ming Dynasty, which is equivalent to the total needs of the people of the Ming Dynasty!!!"

Yan Changqing had just finished talking about the first step to solve inflation, and Prince Zhu Biao couldn't wait to ask:

"What about the second step?!"

Yan Changqing took a sip of tea, moistened his throat, and continued:

"The second step is to issue less!!!"

"463 just said that the direct cause of inflation is that the amount of Daming Tongxing treasure banknotes issued by His Majesty is too large, which exceeds the number of Daming Tongxing treasure banknotes currently needed in the circulation and transaction process of Daming society."