Chapter 63 Banker
On the first day when the edict was issued, the Southern Tang Dynasty money in Kaifeng City fell.
On the surface, the exchange standard set by Zhao Kuangyin is 1:1, that is, a Song Dynasty Tongbao must be exchanged for a Southern Tang coin.
However, in fact, this ratio cannot be maintained at all. People who have actually changed come back and say that in fact, 1:1 cannot be exchanged at all. In other words, they must be high-ranking officials or have extremely hard connections in Kaifeng Mansion to really make the change.
I’ll exchange it for you at a ratio of 1:1.
Even for the Forbidden Army, only the Dianqian Banzhi of the Dianqian Division had the access to get this price (in the early Song Dynasty, the Dianqian Banzhi was not independent and was still managed by the Dianqian Division).
Of course, there was no way around this. After all, the imperial court had received money from the Southern Tang Dynasty, so it could only melt it and recast it. But the problem is that most of the Southern Tang copper coins on the market are now mixed with iron, and these first batch of Song Dynasty copper coins are mixed with iron.
Yuan Tongbao is all pure copper.
Wouldn’t the 1:1 exchange mean that the court would suffer a loss?
This does not include the losses and labor between melting and casting. Moreover, the subordinate staff these days are not paid. They rely on petty corruption to maintain their lives. If you don’t give others enough benefits, who will do anything for you?
, this money exchange involved the Ministry of Industry, the Ministry of Household Affairs, the Branch Office, the Kaifeng Mansion, and many other departments up and down, and how many hands there were. Even if Zhao Kuangyin was watching personally, it would be impossible for him to really do it.
Can keep an eye on it.
So if we really want the court to change at a ratio of 1:1, the court will have to suffer a loss. Although Zhao Kuangyin is kind and loving to the people, how can he still have money? He is very poor.
Therefore, when faced with the problem of difficulty in exchanging money, even if Zhao Kuangyin held a jade ax and gestured in front of Xue Juzheng, making a furious appearance, and was ready to chop him to death if he didn't do it well, Xue Juzheng could still only be good.
A wry smile showed that he was really helpless.
To put it bluntly, the common people will definitely suffer some losses from this matter. If the common people don't bear the loss, the court will have to bear it. If the court suffers, the court's finances will go bankrupt within two months.
Then, Zhao Kuangyin could only turn a blind eye.
But I thought, in this way, at least Lao San will not be proud again, right?
In fact, even so, the pressure faced by Xue Juzheng and Zhao Guangyi was unprecedentedly high, and they were already exhausted in just a few days.
Ordinary people can be bullied, but dignitaries are not easy to bully. Many fellow officials simply drove their cars and threw baskets of money directly at Xue Juzheng's door, forcing him to exchange the money.
There are even some retired old men who simply put together a big wooden board, lay down on the wooden board at the door of Kaifeng Mansion, and rolled around: "Oh~ I can't live anymore~, if you don't exchange money for me, I will die~"
Zhao Guangyi can't really force them to death, right? Does he still want his reputation?
Therefore, the money of high-ranking officials in the DPRK must be redeemed if they can. The money of retired veteran cadres with high moral integrity must be redeemed as much as possible. The money of the squad leaders, military leaders, and generals in the Forbidden Army must be redeemed if they can.
Redeem, then redeem one, and pay one.
What to do?
Naturally, these lost money can only be earned back from the common people. So now, if ordinary people don't have some connections, if ordinary people go to the government to exchange money, let alone 1:1, it is 1:2, 1:3.
Don’t even think you can cash it out, it’s already pretty good if you can cash it out at 1:6.
But the question is, which ordinary people would be so naive as to exchange money at 1:6? How about I melt the money and sell it for copper? Even if the coins of the Southern Tang Dynasty were more or less mixed with some iron, it wouldn't be six times as much.
Exaggeration.
Therefore, the so-called exchange was naturally in vain. In just a few days, it became a feast for the powerful and well-connected officials to gather the royal wool.
Of course, Nanqian on the market must have fallen in response, but it is far from as exaggerated as falling to 1:6.
"Your Highness, it has fallen, and it has fallen again. The latest silver price on the black market, if exchanged with southern currency, is already one tael, and no one has exchanged it. We have lost a total of more than 20,000 yuan this day..."
Through."
Zhao Guangmei was very calm, sitting comfortably in the rocking chair and watching the theater troupe rehearsing. She even turned her head and put her index finger in front of her lips, "Shh~, don't disturb me while I watch the theater."
Sun Liancheng had no choice but to wait aside.
After a long while, after the play was finished, Zhao Guangmei even commented a few words and tried a few words, then waved her hand for them to go down, turned to look at Sun Liancheng and said: "You, after all, are also my secretary-general now, in the future."
If I can inherit the throne, you will be the prime minister. Why are you so flustered about everything?"
"Your Highness, I'll pay you, I'll pay you!"
When Zhao Guangmei heard this, she frowned: "One tael of silver? Hey~, my second brother, he can't do it either."
"Ah?"
In the Five Dynasties and the early Song Dynasty, the exchange ratio between silver prices and copper coins has generally been maintained between 700 and 800. Now one tael of silver can be exchanged for the same amount, which is one thousand coins. This is already the level in the mid-Northern Song Dynasty.
"I thought it could drop to about 1,500 yuan, tsk."
"But Your Highness, we lost more than 20,000 yuan."
"More than 20,000 yuan is nothing. If the price of Nanqian doesn't come down at the beginning, what will I do to buy the bottom later? The money borrowed from Fu Yanqing has interest. When the interest is deducted, what if I have worked hard?
If I can’t even earn three to five million, then what am I trying to do?”
"…………"
Sun Liancheng was speechless and felt like he was going crazy.
"In this way, when collecting Nanqian during the day these two days, we will establish a quota system. Each person can only exchange a maximum of one guan per day. We will keep this end and let Li Shoujie throw it away. First, he will directly take out 50,000 guan.
Smash the plate, press Nan coins, exchange two guan for one silver, and spread the news that the King of Jin intends to exchange all the more than one million guan in his hand for gold and silver."
"Five...fifty thousand guan? Here, here we are exchanging one silver for nine hundred for the Controlling Crane Army, and on the other side we are exchanging two thousand for one silver. This, this, isn't this going to cost us death?"
"Thankfully, you were a top wealthy businessman in Kaifeng before. How can you make money without investing in business? As the saying goes, if you want to take something, you must give it first. Shopping malls are like battlefields. Sometimes this is the way of doing business and the way of using military force.
, it’s the same, don’t worry, in the whole of Kaifeng now, except for my eldest brother, absolutely no one is richer than me. I am the banker. This game is not for us to play however we want. Everyone is waiting to get rich.
Chapter completed!