"Zi'an has a clever plan in hand, and the overall situation can be determined," said Wang Gui.

"Why did the prince say this?"

"Fei Qiansi came to report just now, saying that many people went to Fei Qiansi to exchange Fei Qian and planned to leave the capital and purchase silk materials."

Not only Wang Ju pays attention, but Lao Wang also pays attention.

Moreover, the more Lao Wang recalled, the more he felt that Wang Ju made an extremely appropriate arrangement. Let’s talk about these five-way silk materials. Wang Ju cut the Song Dynasty silk materials into five major regions, broad silk, Zhejiang silk, Shu silk, rubber silk, and Shu silk. This facilitates merchants to acquire them as quickly as possible. Maybe Zhejiang silk, Shu silk and Guang silk came a little later, but the so-called rubber silk is not only the Shandong Peninsula, but it includes the silk materials in a large area east of the capital, north of the Yellow River, and south of the Huai River. At least silk materials in this area can be purchased soon.

What governments in various places do is only cooperation, such as providing relevant money as quickly as possible, or providing convenient transportation conditions to maintain their safety, but not interfering with the acquisition of merchants. If the merchants bid low and the people are unwilling to sell, the merchants are not allowed to force the acquisition. Of course, if they purchase locally regardless of losses, it is not harmful to the people, but benefiting the people. After the facts caused a sensation, some merchants really offered high prices, causing some small losses.

Moreover, the large-scale silk material acquisition for two consecutive years has slightly increased the price of silk, and even improved the unpopularity of silk in a few years. This is not very harmful.

"Prince, it's still early. Think about the reactions of those loan shark merchants." Wang Ju said.

What changes will the Banking Department bring? Please see the Qing Dynasty.

The so-called Kangxi period in the Qing Dynasty was not as good as later generations imagined, and the lives of the people were far less than those of the Ming Dynasty.

Moreover, later generations often neglected the economic prosperity in the late Qing Dynasty. There are two reasons: one is the changes in productivity brought about by technological progress, and the other is the underestimation of the role of the Shanxi Shangpin on the Qing Dynasty's economy 33 years ago.

But no matter how prosperous the economy is, it is not enough for Cixi to ruin it. It is just a treaty of Shimonoseki, which will compensate Japan with hundreds of millions of taels of silver.

Think about it now. Wang Ju spent the power of the Nine Dragons and Two Tigers, and the cooperation of the Song Dynasty, and wanted to collect a large amount of gold and silver from his private hands. In the next six years, he might not be able to raise 100 million taels of silver, and it would be 2315 million taels of silver!

Of course, compared with the current banking department, the Jin merchants' bills are private or small collectives, with narrow vision and no overall view and limited capital.

But it cannot be said that it has no advantages.

Because it is operated by private or small collectively, it is more flexible and more careful in operation, and will not cause serious greed.

Although Wang Ju gave up 20% of the shares to allow private companies to join, allowing them to participate in operations and supervision, which will allow the banking department to be a little more flexible in the future and corruption will also be reduced in part, overall, even if private companies enter, it is still a large collective.

However, as long as it appears, it will have a huge boost to the economy of the Song Dynasty.

But it is always difficult to start with something. First of all, the tax will be rejected by many people.

There are also opposition from usury merchants. In the future, this will be more than 200 million yuan of loans, and even copper coins, cloth and grain can be allocated for lending, which will at least harm more than 60% of usury merchants.

But now there are countless usury merchants in the Song Dynasty. Not only are there many usury merchants in various cities, but there are also many homeowners in rural areas who are lending usury for profit. Maybe some relatives of the Wang family are lending usury!

But this point has not been recognized by the people.

The most important prerequisite is to recognize all the people.

How to recognize it, you can see it immediately.

Especially in the capital, it was the largest distribution center for commercial goods in the Song Dynasty, imported from the southeast, exported from the north and northwest. If it were the original, some Southeast merchants brought some commercial goods back a little, but how much could they bring? There was no way out for the rest. They had to bring money and silk back. The money was the best, but silk back... The southeast is also an important place of origin for silk. Then the profit invisibly will be reduced. Or Jiaozi, everyone really lacks confidence in the original Jiaozi.

Therefore, the imperial court sometimes had no choice but to use tea and salt banknotes instead of currency. Then the original "stocks" appeared in the capital, and everyone fry tea and salt banknotes.

In fact, these merchants hate cloth, but the court needs cloth.

Look at the salaries of officials. In addition to copper coins, the rest is grain and silk.

However, due to insufficient currency, this problem has never been well solved.

But when it is newly handed over, it is the peak period when southeastern goods are shipped to the capital.

Then merchants can be encouraged to use cloth to exchange for new payments in the bank office.

Or the court used new transactions to purchase from merchants.

These merchants can arrange a second step, and the merchants purchase silk materials. The bank does not pay the relevant money, but directly pays the silk. Then these merchants will quickly spread the silk to all parts of the country.

If the people continue to approve, they will directly ask merchants to buy silk materials from various places with these easy-to-carry silk products. At this point, silk silk products will become popular.

However, it was not recognized at the beginning, and it was difficult to deal with it later.

However, Wang Ju dared not say it, otherwise if someone circulates it, and some people will make some moves and release some rumors, it is very likely that it will be difficult for merchants to recognize it at the beginning. As long as most merchants do not recognize it, coupled with the opposition of some ministers and attacks, Wang Ju will really have a headache by then.

But now few people think of this festival.

This time is also very urgent, you must be quick!

Lao Wang sighed slightly.

Wang Ju said again: "I have proposed to the government for three years. The most difficult thing is the first year. If it weren't for the production of silk exchange, the imperial court would not see much profit in the first year. Coupled with the suppression of usury and the opposition caused by the tax on taxation, the bank may give up halfway. There were still opposition voices in the second year, but in the third year, seeing huge returns, some bad new laws in the Xining reforms were abolished or corrected. Even if there were still opposition voices, it would not be strong."

Zhang Yu suddenly asked: "Zi'an, how many new diplomas do you think the court needs to meet the circulation of the Song Dynasty?"

Zhang Shangying looked a little strange and thought to himself, God knows this.

But Wang Ju was seriously thinking in his heart.

Actually, it can be estimated.

Let’s take the total fiscal and tax revenue of the Celestial Empire in 215, the total GDP value and the circulation of RMB as a reference.

At that time, the total fiscal and tax revenue of the Tian Dynasty was about 1:6.2 compared with the total GDP value.

How many GDP did the Song Dynasty have? With the current ability of the Song Dynasty, there is no way to count it. However, some people in later generations said that the per capita GDP of the Song Dynasty reached 2,500 US dollars, which was the statement 25 years ago. Due to the rising prices, it may be between 3,000 US dollars and 4,000 US dollars by 215.

But Wang Ju thinks this is impossible. If the poor and rich people in the Song Dynasty were brought together. Compared with the prices in 215 years of his previous life, the per capita GDP of the Song Dynasty was about 2,000 US dollars, which may be insufficient, but the difference will not be too big. Don’t doubt that the Song Dynasty could reach more than one-fifth of the per capita GDP of the people of the Celestial Empire in 215. Let’s ask. In addition to the modernization of household appliances, other living indexes, such as housing prices...

In other words, the total GDP of the Song Dynasty was about 200 billion US dollars. The ratio of the highest total fiscal revenue of the Song Dynasty to GDP after the Xining Reform was only about 1 to 20.

The total fiscal and tax revenue of the Song Dynasty was more than three times lighter than that of the Tian Dynasty!

But can we say that the Celestial Finance and Taxation are evil?

Then let’s look at the US imperial examination again. The total ratio of fiscal and taxation to GDP is 1:5.4!

Wouldn't the US imperialists' fiscal and taxation be even more evil? Didn't the people of the Ming Dynasty live in heaven?

Therefore, whether a country's taxes are heavy depends not only on the ratio of the two, but also on whether the taxes are fair and reasonable. Whether the people in a country live well is not only on the GDP per capita, but also on whether the gap between the rich and the poor is large, and whether the law and taxes are fair and just.

Wang Ju launched the Banking Department, which not only promoted economic development, but also adjusted this kind of unreasonable taxation.

But what does this have to do with currency?

have!

Compared with the total amount of Tianchao currency in 215, it is about twice the total amount of GDP and more than 11 times the total fiscal revenue of the country.

As a relatively closed currency, this shows that the currency issuance has become a little too high, so once it is officially circulated internationally, it will be immediately returned to its original form and begin to depreciate seriously! However, if the economy continues to develop and control the issuance of currency, this problem can also be solved.

The Song Dynasty could not refer to the Celestial Empire, after all, compared with the Celestial Empire, the economic circulation of the Song Dynasty was more closed.

Therefore, compared with fiscal and taxation, reasonable currency can only be maintained between five to one and six to one.

Then it can be converted.

Wang Ju said: "Once the banking department promotes the economy, the economic circulation will be more prosperous, and regardless of the gold and silver as principal, it will be between 700 million yuan and 900 million yuan, which is a safe and reasonable total amount of currency circulation."

That is, the amount of safe currency circulation is between 550 billion and 700 billion.

In fact, this is really a safe number. It is only one-quarter of the total GDP of the Song Dynasty, not twice, but Lao Wang and others took a breath of air conditioning.

Zhang Shangying said: "Taibao, what do you mean is that even if the banking department issues more than 200 million guan, or 300 million guan, and pairs it with copper coins, the currency is still insufficient."

"Even if so many new transactions have been issued, many areas of the public continue to trade with cloth or barter. So in more than ten years, as the amount of gold and silver increases, the banking department will inevitably further expand the new transaction amount."

In history, during the reign of Emperor Lizong of the Southern Song Dynasty, the amount of the two worlds reached more than 300 million yuan.

However, the serious depreciation of the paper currency was not because the total economic output of the Song Dynasty could not keep up, but because there was no sufficient principal guarantee and insufficient copper coins to cash out. Therefore, it had to constantly use new payments to offset the old payments, and the loss of credit caused the people to think that it was just a piece of paper.

That's it, its depreciation is far less than that during the currency crisis in the Republic of China, and the ratio to copper coins remained at around 11 to 1.

In any case, the economic aggregate of the Southern Song Dynasty, which was located in a corner, was definitely not as good as that of the current Song Dynasty, and it was the Song Dynasty after the promotion of the Banking Department.

"That's good, that's good," said Lao Wang.

There is no big problem with insufficient currency, so I am afraid that there will be too much currency and the silk exchange will depreciate seriously. This will not only harm the credibility of the banking department, but the imperial court will also suffer losses due to the depreciation of the silk exchange.

In fact, this is what Wang Ju needs.

If it weren't for this huge cost, maybe the Song Dynasty would have issued silk indiscriminately in the future.

There is no big problem with insufficient currency. Anyway, it has been going on like this for thousands of years. Once the currency is redundant, the harm it will be too great.

"Go to the banking department to take a look." Lao Wang said.

The Bank Department is not around the Imperial City, but in the southeast corner of Kaifeng City, which is the storage area of ​​the capital of the Song Dynasty.

Although it is a bit far from the imperial city, there is a reason to set it here.

First, the public security here is better. It is not residential and commercial areas, but people stop communicating around here at night, which is conducive to safety.

Second, it is close to Dongshuimen. The transportation conditions are relatively good.

Third, on the north side of the Bian River in this area, there are residential areas and handicraft areas, which can recruit a large number of workers and Weaver Girls.

Fourth, in its northwest, it is the largest inn area in the capital, which is conducive to merchants' exchanges and rest.

Therefore, the imperial court changed several warehouses here to future silk production bases, and established a bank office next to it.

In the future, nearly a thousand workers and Weaver Girls will be recruited, and then confidentiality agreements will be signed, and then produced through assembly line to improve efficiency and facilitate confidentiality.

Moreover, Wang Ju brought about a dozen steam engines specially manufactured for Xinjiao and some other typesetting and printing and dyeing machinery from the other side, and in addition, nearly a thousand sets of related molds being developed. Wang Ju concluded on the other side that the court would transform Xinjiao, so this was not brought here.

In fact, if you make a little modification to this kind of machine, you can put it on printed books.

But no one cares about printing books at the moment.
To be continued...