Datang broom star

Page 4444

"Nowadays, there are fewer and fewer silver coins on the market, and as many people as there are can exchange them."

Li Yifu felt that this was an unsolvable problem.

Dou Dexuan said, "Yinshan has just delivered a batch of silver, ready to mint coins at any time."

Li Yifu seems to have studied the issue of currency, "Those families originally used cloth, copper coins, and even spices as their money reserves. Cloth will rot, and there are too many copper coins, not to mention spices...Silver coins can be preserved for many years, and they are the most popular among these families. .It's hard to keep them from hoarding..."

Li Ji asked: "I remember that silver coins are mixed with a lot of things. Every time a silver coin is minted, there will be income for the account. Those people will naturally lose money by hoarding silver coins. Why are they still willing?"

Dou Dexuan said: "There will be losses, but the silver coins are quite beautifully made, and they have been appreciating..."

I go!

The value of the silver coin has exceeded its own value!

Everyone's faces were solemn.

Empress Wu looked over and saw Jia Pingan smiling, quite relaxed, so she asked, "What do Duke Zhao think?"

Li Yifu smiled and said: "Mr. Zhao seems to have a plan in mind!"

Crazy cheap dog slave!

Xu Jingzong is ready to spray.

"Of course." Jia Pingan said, "It's just a trivial matter, but Li Xiang seems quite puzzled?"

Li Yifu smiled and said: "The old man is quite puzzled, does Zhao Guogong know?"

Not to mention the rich and powerful, Li Yifu's family has hoarded a large amount of silver coins, waiting to pass them on to their descendants.

He is a referee on one side and an athlete on the other, and he has a very accurate grasp of the mentality of both sides.He thought about this situation for a long time, but he couldn't think of a solution.

Jia Ping'an has been extremely lazy recently, and when he heard about it, he suddenly said it was a trivial matter...

Ha ha!

You can brag in front of the queen, but the old man is here, just waiting to refute it, and it will be shameful!

He touched his cheek subconsciously, there was still a dull pain there.

Li Yifu's eyes became more sinister, "I also ask Mr. Zhao Guogong to give advice."

"I can indeed advise you."

Advice was originally a polite remark, but Jia Ping'an confirmed his gesture of instructing Li Yifu.

Li Yifu's eyeballs were reddish.

Li Ji sighed slightly, knowing that Li Yifu would definitely break up every word Jia Pingan said to ponder, and once he found a loophole, the attack would come instantly.

The queen is in power, and my younger brother is ashamed of the court.

Jia Pingan said: "Why can coins be valuable? In the earliest days, the ancestors had a hard time, and they traded by barter. You take a chicken for one of my clay pots, and you use a clay pot for a bag of grain. It was the earliest form of trade."

what!

Empress Wu nodded slightly, feeling that these words were refreshing.

Li Yifu smiled slightly, thinking that no matter how far you go, it is useless, and in the end you have to return to the current predicament of Datang Yincoin.

"Then came coins, first shell coins, then copper coins..."

A queen and six prime ministers were listening to Jia Pingan popularizing the history of coins, and they were quite fascinated.

"Why can coins buy goods? This is about value. The earliest barter is the embodiment of value. A pottery pot and a chicken are equivalent in the eyes of people at that time, so they can be exchanged. Some people will ask, Why is gold, silver and copper valuable? Can you buy goods? Because gold, silver and copper are scarce."

Jia Pingan talked eloquently, "Gold, silver and copper have a characteristic, that is, they can be preserved for a long time. Rare gold, silver and copper are easy to preserve. This is a natural currency."

Li Yifu suddenly interrupted him, "What do you mean by that?"

What are you doing with a bunch of useless stuff?

Jia Pingan said: "I don't say these things, do you understand?"

Li Yifu was stalked.

He wants to say that the old man understands, but he knows Jia Ping'an's peeing nature. Once he really understands, Jia Pingan will use a series of questions to clean him up.

Xu Jingzong glanced at him, and he didn't hide his schadenfreude.

Li Ji is old and really doesn't care much anymore.

The remaining five prime ministers have different ideas, but their positions are quite firm.

Standing is one thing, but when things go wrong, they often stick to their own opinions, which makes Wu Mei miss the time when the prime ministers were all loyal dogs.

Jia Pingan said: "Currency must be endorsed. Gold, silver and copper are naturally endorsed. They are rare, precious, and durable. Therefore, people all over the world agree with the value of the three."

These words are brilliant.

Even Liu Rengui nodded in agreement frequently.

"Copper coins appear as currency... Is the value of a coin itself really worth a coin of goods? I don't think so. Many times the value of goods exceeds this coin."

Jia Pingan looked at the prime ministers, "Everyone knows that exchanging goods for this piece of copper is a loss, but why are you willing to exchange it? Because it is credit!"

Everyone was startled.

"Credit?"

Dou Dexuan felt that certain views were flashing rapidly.

"Yes, credit." Jia Pingan said: "This involves knowledge in many fields, such as the number of coins issued and the equivalence of economic scale. If you issue too many copper coins, prices will rise. At this moment, copper coins credit will drop..."

Dou Dexuan nodded, "Yes, if silver coins are everywhere, the value will naturally drop. Originally, goods that can be bought with one silver coin now cost two silver coins. This is an increase in prices."

This is inflation.

"So the number of coins issued is closely related to credit."

Everyone knows the consequences of excessive currency issuance in later generations, which will eventually cause inflation.

However, there is no inflation in Datang. Instead, because the money supply is too small, it has caused austerity.

"Well said." Empress Wu understood.

"How to maintain credit? This question is very complicated, involving all aspects, and the most basic two points, first, the country is strong, the economy, that is, the business is developed, this is the pool for currency injection, the bigger the pool, the currency can be injected more."