People are in the Tang Dynasty, creating a mythical dynasty

But the little official didn't care about these, and started to greet the next one.

"Master Li, your salary is 120 stones a year, and this month is ten stones. Here is a total of one thousand coins. You keep it. The value can be exchanged for refined salt of the same value as the Shaofu."

"Master Wang!"

......

One after another voices spoke, and a small official was busy quickly.

And a famous official is either dazed, curious, or excited.

Many people ran to Shaofu quickly after getting the banknotes.

Sure enough, as long as they took out the banknotes, they could exchange them from Shaofu for experience of the same value, which made their eyes light up all of a sudden.

Many people exchanged all the banknotes for experience in one go.

Some people, on the other hand, look at banknotes as if they were works of art.

I have to say that the banknotes are really gorgeous, and many people can't put it down.

And with the exchange of figures one after another, the printed banknotes quickly began to flow into the hands of these officials.

No problems occurred.

After all, the new currency is directly linked to refined salt.

Now with the peace of the country and the peace of the people, and the gradual calming of the surrounding resistance forces, the price of refined salt has gradually returned to normal, about [-] guan per bucket.

A note of ten Wen can buy one Yuan of fine salt, one hundred Wen is one tael of refined salt, and one thousand Wen is ten taels of refined salt.

Compared with today's experience, the price is relatively low. Although it is not too low, since refined salt is still a rare item, I believe that this banknote will be accepted by everyone very quickly.

In fact it is.

The issuance of paper money encountered no obstacles.

After hearing that banknotes could be directly exchanged for refined salt, almost no one chose to refuse.

This includes those officials.

And Dangdang's expenditure of paper money by these officials is undoubtedly a large amount.

In the first year of Deyuan, the salary for first-rank officials is 460 shi for a year; The official salary is [-] shi, and even the annual salary of a ninth-rank official is [-] shi.

During the Zhenguan period, due to the development of the Tang Dynasty and Li Ming's handwriting, this salary has undoubtedly increased by almost [-]%.

In addition, officials in the Tang Dynasty had many other benefits. For example, during the Zhenguan period, the first rank had 81.6 hectares of land, with a salary of 72 taels; the second rank, ten hectares, with a salary of 61.2 taels; ....

These Datang expenditures alone exceeded 50 Guan.

At this time, when these were all paid by banknotes, more than 50 guan were all exchanged for banknotes.

Although, due to the original reason, these people may immediately exchange paper money for refined salt.

But it takes time to exchange for refined salt, and these banknotes have the soil for circulation.

plus the other side

In the Shaofu, the original wage settlements are all settled in the new currency.

With the huge organization of the Shaofu, paper money has also begun to be used, and the sudden increase in paper money is undoubtedly even larger.

You must know that the number of people registered in Shaofu now exceeds 50, and the number of people under management even exceeds one million. With such a huge population, the expenditure of paper currency is extremely terrifying.

In a short period of time, paper currency transactions even began to appear in Chang'an City.

After all, the distribution of salaries this time directly led to the emergence of large-scale banknotes.

Plus the Shaofu side.

It's not officials, who often spend thousands of coins, and most of them in the Shaofu are only tens or hundreds of coins. Coupled with their huge number of people, the amount of currency is undoubtedly the largest.

These people would not use such an expensive thing as refined salt, and these banknotes could only be used for circulation.

In this case, currency naturally began to circulate.

Under such circumstances, when the exchange of refined salt gradually stabilized, the circulation of official coins was also inevitable.

This is true for ten essays, hundreds of essays, and thousand essays.

Only then will the entire new monetary system be fully established.

It's just a trial now.

It's not quite perfect.

But I believe that it won't take long, in a few years, the monetary system will be fully standardized with the help of the amount of refined salt, and a real system will be formed by then.

Chapter 127 The True Heavenly Cave Realm (Two in One)

A new monetary system has begun to be built. Of course, since the denominations were only ten, one hundred, and one thousand coins at first, it can be said that they are destined not to be circulated on a large scale.

But what Li Ming needed at first was not to let them circulate directly.

Instead, let everyone get used to the existence of banknotes.

Although Yiwen's wallpaper can also be produced directly, how to price Yiwen is a big problem.

Ten Wen, at any rate, can correspond to a penny of fine salt, but a penny can't correspond to a penny, it is too little to measure at all. In fact, ten Wen is a bit difficult to measure, let alone a penny.

The initial demand for coin issuance is to let everyone get used to it.

Ten articles, one hundred articles, and one thousand articles are undoubtedly the best.

As for a penny, it can be paid with copper coins, which is similar in nature to coins.

Of course, in the future, the currency of one penny will also appear, but that is not now.

We need to wait for banknotes to gradually become popular before we have this foundation.

This cannot be accomplished in a short period of time.

Need to wait slowly.

In Li Ming's plan, he was prepared to spend five to ten years before the banknotes were completely spread.

There is no rush at this time.

Among the Shaofu.

His figure is busy.

Paper money is issued continuously.

In the entire city of Chang'an, along with more primary selections of banknotes, some banknotes of ten or even hundreds of coins began to appear in the market.

It has to be said that paper money is undoubtedly much more convenient to carry than copper coins.

And the price of banknotes is constant.

As long as you hold the banknotes, you can go to Shaofu to exchange for the corresponding refined salt.

Today's refined salt is monopolized by the Shaofu, and its price is naturally relatively stable, resulting in a complete fixation of the price of banknotes.

It is even about 5.00% higher than the ticket value.

If one hundred cash is exchanged for copper coins, it can be exchanged for one hundred and five cash.

As a result, although banknotes did not become popular, many people got used to the existence of banknotes.

Even gradually visiting, giving gifts, and banknotes have become more suitable choices.

As for the cost, although it is not much, it is gradually there.

East City.

Li Ming's restaurant is located.

It is still crowded with people.

Compared with the chef in their family, the food produced by Li Ming's restaurant is undoubtedly many times more delicious.

But all princes and nobles who have something to do have become accustomed to entering the first floor of the world.

In this way, the natural staff is full every day.

Today is no exception.

Countless people have formed a long queue in front of the restaurant.

Foremost.

The boy in the restaurant is quickly taking care of the registration.

"One seat is in a small room, and the price is consistent."

He spoke loudly, and then ten one-hundred-wen banknotes appeared on the bookcase.

Looking at the banknotes, the young servant couldn't help but his eyes lit up, and his words became more cordial.

Although the 5.00% bonus is not large, it is already a considerable amount of income for the servant.

Nature was enough to excite him.

But the guest obviously didn't care about this, and strode into the restaurant.

The figures behind him moved forward one after another.

Many of them were holding banknotes.

It is clear that in a short period of time, the popularity of paper money has begun.

This made him excited.

Above the restaurant, quietly looking at everything below, while flipping through the ledger in his hand, his thoughts were involuntarily projected to the bottom.

Looking at the walking figure.

And those banknotes.

Li Ming breathed out a foul breath, and a smile appeared on the corner of his mouth.

After checking the market for several days, he has been able to confirm that there is no problem with the initial flow of banknotes.

The figure steps forward.

Soon, his figure left the restaurant and returned to Shaofu.

In the following time, on the one hand, Li Ming began to pay close attention to the issuance of currency, and on the other hand, he was also improving some arrangements of the entire Shaofu.

The rest of the time is devoted to practice.

The three major caves of the Dongtian Realm have been opened up.

But it doesn't mean that his practice is over.

Although, he has some troubles for the next opening of the cave.

If it's okay to use the real pill to break through, or if you need to use the fragments of the human weapon to break through as before, it will be a bit troublesome.

After all, he has used up all the fragments of the weapon of humanity.

If you want to continue to get it, you have to go to your cheap daddy to see if you can have it.

If not, it is obviously impossible to continue to develop.

However, even if he doesn't open up a new cave, his practice can continue.

And for some reason, he vaguely felt that there seemed to be some problems with his practice.

Under the blessing of the three great caves, there is a vague barrier.

Although there is only a little bit, it does exist.

This made him a little distracted.

So much so that during this time, he has been studying the first volume of "Martial Arts".

"Martial arts practitioners, refining essence and transforming energy, cultivating the god of one's own body, and expanding one's own strength."

"Opening up caves is tantamount to seizing the good fortune of heaven and earth, continuously and directly absorbing the spirits of the outside world to replenish one's own body. There can be up to ten caves."

The voice of the self-talk spoke, and Li Ming's gaze was fixed on a sentence in the realm of the cave.

His expression was a little concentrated.