The wave of paper currency swept across Wancheng Country, and hundreds or thousands of paper currency were dazzling.

Due to the difference in face value, purchasing power and guarantee issuance institutions, the exchange and circulation of these hundreds of paper currency can be predicted to cause considerable chaos.

It cannot even be circulated with each other.

The best way is to issue only one set of paper notes in China, and share one set of paper notes across the country.

This can bring a lot of convenience.

Zhou Ming thought so at the beginning. Before issuing gold coupons, he had consulted the state to cooperate with each other, hoping to jointly issue paper money, and he owned a certain share in it.

Paper money?

When those officials of the money shop heard this term, they reacted like Bai Xutang, thinking that this was a fantasy, a joke, and it was impossible to succeed.

A few months later, these officials were naturally slapped in the face and regretted it. However, the countries that lost the initiative can only issue paper money to the widest circulation range and the guarantor is the most trustworthy. It is impossible to eliminate the hundreds of paper money that emerged together.

Because of the benefits of paper money, other cities have discovered that as long as they control the power to issue paper money, the wealth of the entire city can be gathered into the hands of currency issuers.

As long as your reputation does not collapse and you can control it through the money printing machine.

Smart people who find such interests will certainly not let go of the power of currency issuance.

Of course, the top leaders of the country wanted to take back all the currency issuance rights like revoking the troops of each city, but it was too late. If it was revoked with force, it would cause all cities to rebound and unanimously oppose it.

The helpless senior national leaders had to call the officials of the Qianzhang, scolded them "idiots, food buckets", and fired them.

So for many years, Wancheng has maintained hundreds of sets of paper money in the currency field and the chaotic situation of circulation at the same time.

As the inventor of paper money, Zhou Ming could only express his helplessness.

It’s not that he has never fought for it, but if those officials don’t believe it, he has no choice.

However, less than a year ago, when Zhou Ming learned from the information that Dong Yuanzhou was also vigorously promoting the use of paper money, he was immediately shocked.

Dongyuanzhou is also promoting paper money, how is this possible?

How could it be so fast?

Zhou Ming exclaimed, if Jiang Ruyue heard it, she might have replied lightly: Sorry, we are so fast.

In fact, Jiang Ruyue also has an intelligence collection agency in her hands and attaches great importance to the situation on Wan Chengguo.

Generally speaking, if something big or news happened in Wan Chengguo, about a week later, various intelligence summary will appear on her desk.

The wave of paper money-making triggered by Wan Chengguo has certainly attracted her high attention.

And from many news reports, we can see the strategic significance and long-term value of paper money.

Even when most of the initial reports were negative and ridiculed about the appearance of paper money, she was already lit up.

Then he increased his attention and ordered intelligence personnel to find ways to get some paper money from Wanchengguo.

What impressed her was the "golden round coupon" issued by Wancheng Guoxuan Qingcheng.

These gold coupons are beautiful in materials, beautiful in patterns, unique in feel, and multiple anti-counterfeiting logos, making them even more amazing.

Especially the gold coupon with a face value of 1,000 is all gold-red and festive, giving people a sense of high spirits. If you hold it in your hand, you can't let it go.

When Jiang Ruyue learned that the designer of these gold coupons was Bai Feiyang, the inventor of the banknote, was even more amazed, and the light of love for talent burst out in her eyes.

He murmured: "Why didn't a genius like Mr. Bai be born in my Dongyuanzhou? If such a genius can be used by me, why worry about whether Dongyuanzhou is strong?"

Jiang Ruyue knew about Bai Feiyang's famous reputation.

First of all, she is a genius, a peerless genius in practice. In order to marry Fairy Mu, she paid close attention to the news that she defeated all the heroes in the world. She was looking forward to the point that the information was sent every day, just to see if he could complete the challenge and successfully marry Fairy Mu.

Later, when he succeeded in the challenge, Jiang Ruyue almost jumped up excitedly, and countless envy surged in her heart, envy for Fairy Mu.

Secondly, he is also an inventor.

Genius inventor.

Lingyuan cable telegraph, Lingyuan typewriter, movies and other things that are of great help and promote military, office and entertainment.

Jiang Ruyue has these three inventions in her hands or finished products that are smuggled, which are very useful, especially for the movies, which she likes the most, such as the movie "Seven Swords Down the Mountain Fighting the Evil Demon", which was also directed by Bai Feiyang, which she watched more than ten times.

Now, he showed himself the invention of the creation of the "paper currency".

Jiang Ruyue’s mind was opened up and she quickly developed the idea of ​​learning and imitating and promoting the issuance of paper money in Dongyuanzhou.

And immediately rebuked it and acted.

However, with Dong Yuanzhou's technology and talent reserves, it is impossible to print out banknotes with complete anti-counterfeiting functions and invent a printing machine with high printing efficiency in a short period of time.

It will take at least 10 or 20 years for people to conduct research on paper, ink, watermarks, etc.

Jiang Ruyue couldn't wait that long.

It can only be smuggled and imported from Wanchengguo through intelligence organizations.

So after spending hundreds of millions of spiritual coins, waiting for several months, I finally got a money printing machine and corresponding supporting equipment. After a lot of effort, I transported it to Dongyuanzhou.

Another group of experts ordered to install and debug for several months, imitating the style of the Xuanqingcheng gold coupon and printing the first batch of paper notes belonging to Dongyuanzhou.

This kind of banknote was named "Xiaoyao Coin" by Jiang Ruyue.

Some people may ask here: If you have a huge reserve of spiritual coins among the people, the purchasing power of spiritual coins has depreciated to the inconvenient portable Wancheng Kingdom, and it is understandable that it will be successful in promoting paper money. If you copy it to Dongyuanzhou, where the purchasing power of spiritual coins is not so low, will this work?

It's entirely possible to work.

Why do you say so?

There are three main reasons.

One is that there are many spirit stone mines buried underground in Dongyuanzhou, and there are many super spirit stone mines with a value of ten trillion or more spirit coins. After tens of millions of years of continuous mining, the number of folk spirit coins is also very large. It can be said that it is more than the four Yuanzhous, middle, south, west and north.

Therefore, the purchasing power of Dongyuanzhou Spirit Coin has not depreciated to the exaggerated level of Wancheng Kingdom, but it is not particularly high.

Second, the commercial exchanges between Zhuchengs in Dongyuanzhou are extremely active and frequent commercial exchanges, especially commodity transactions. If they are settled with spiritual coins, it is still very troublesome. The quantity they carry is too large, which even affects the number of goods transported.

If you promote lightweight and portable banknotes, they will definitely be welcomed by merchants.

Especially the welcome of big businessmen.

Three, there is also inflation within Dongyuanzhou.

Inflation caused by imported spiritual coins is around 3% per year on average, while in some cities it exceeds 5% and 8%.

Why did this happen in Dongyuanzhou?

Foreign trade exports.

Dongyuanzhou's annual export volume exceeds 3 trillion spiritual coins, which is about twice that of Wancheng Country.

Why is Dongyuanzhou so much more powerful than Wanchengguo?

The reason is that in the past 20 or 30 years, the cities in Dongyuanzhou have built a large number of Lingyuan factories or hydraulic factories, vigorously promoted industrialization, and produced a large number of industrial products.

The people of Dongyuanzhou are generally diligent and smart. When they saw that Wancheng's domestic products were valuable, they bought them for research and reverse imitation. They also achieved great results in agriculture, textiles, primary industrial products, etc. Although the quality of the products produced was average, they could defeat the same products of Wancheng in foreign countries by relying on their low price advantage.

Faced with the attack of low-priced commodities like Dongyuanzhou, the profits of Wanchengguo's multiple categories of primary commodities dropped sharply, and they even chose not to export them if they were unprofitable.

Many businessmen and factory owners in Wancheng Country had a very poor view of Dongyuanzhou, and their actions in Dongyuanzhou made them very angry.

But he had no choice but to ask Wan Chengguo to increase the technical blockade of Dongyuanzhou.

In this way, Dongyuanzhou, which became rich with a "copycat", earned a lot of money that originally belonged to the merchants of Wancheng Kingdom in foreign trade.

This also contains Jiang Ruyue's "contributions". In order to develop Dongyuanzhou and the advanced and mature technical experience of foreign countries, she has always encouraged the introduction and advocated local digestion and absorption.

Of course, she also found a solution to the imported inflation problem caused by this.

In Dongyuanzhou, paper money is also promoted.

But as soon as she made this decision, she was immediately questioned and opposed by the nine heads of state, believing that it was unreliable. How could a piece of broken paper be used as real money?

Jiang Ruyue didn't refute, but just made a bet with them with a smile: the "Xiaoyao Coin" she issued was first issued in the directly governed territory of Xiaoyao Palace. If the people accepted it widely, it would then be promoted throughout the continent. If the people could not accept it, she would abolish the reform, abolish the paper money, and she would bear all the losses.

The nine heads of state agreed to the bet, and they all felt that the paper currency reform could not be successful.

But they did not see Jiang Ruyue's smile with deep eyes and confident expression.

One month later.

Xiaoyao Coin successfully slapped the nine heads of state for its warmly welcomed by merchants and people and its widespread praise.

The nine heads of state also realized the importance of the right to issue paper money. They did not abide by the bet and soon issued their respective paper money.

However, the nine paper currency that lost its first-mover advantage are not as popular as Xiaoyao coins.

Moreover, the issuance of nine types of banknotes is hasty, the printing technology is rough, and the anti-counterfeiting technology is even more backward. It is easy to be counterfeited and is completely inferior to Xiaoyao Coin.

He was cheated several times and after paying the tuition fee, he was quickly abandoned by the merchants and the people.

The only banknote in the Dongyuanzhou market that is widely recognized and has strong credit and people are willing to use is the only one "Xiaoyao Coin".

Xiaoyao Palace, which controls the financial lifeline of Dongyuanzhou, has greatly enhanced its control over Dongyuanzhou.

Zhou Ming sighed at this:

"When competing at the national level, you must not be proud and complacent when you are one step ahead. The latecomer advantage behind the followers is sometimes really worrying."

"Jiang Ruyue, you have a good attitude as a father."
Chapter completed!