But there must be a few merchants who are worried, or there are major changes in the court, which makes everyone worried. Then they will be replaced with gold and silver and taken home.

But there are two places for these gold and silver. The first place is to cast gold and silverware immediately. This is what the banking department is worried about. Once cast gold and silverware, it will never be taken back.

Another one is to collect it or use it as a quasi-money circulation. The banking department will not exclude this. However, in order for the banking department and banking to have sufficient principal, Wang Ju formulated the cashing fee. After returning to the gold and silver, a three-percent fee will be charged. If the gold and silver are brought back to the banking department for transactions, a reward of 15% can be returned.

But this reward is only for the official gold bars and silver bars circulated by the Gold and Silver Division. Therefore, this handling fee is very subtle, only one percent of the profit, and it takes a certain cost to cast gold bars and silver bars, and also fake the seal of the court. This is a death penalty.

Then we will eliminate the private fake cast gold bars and silver bars.

However, there is another situation, that is, if gold is wrapped with copper and silver is wrapped with tin. If forged properly, it will cause heavy losses to the court.

Therefore, experts who identify the purity of gold and silver must be cultivated.

If there are fake official gold and silver bars, once discovered, they can be arrested on the spot. Even if they have nothing to do with the user, they can follow the clues step by step to catch the real murderer.

At the same time, each business issued an announcement, and the court allowed these gold and silver bars to be circulated, but merchants must be careful to prevent thieves from forging them. Why only remind merchants, think about it, just one silver bar can reach ten taels, equivalent to twenty new coins and more than ten thousand yuan.

Do you use twenty new coins to buy a steamed bun? People don’t charge it. Therefore, even if gold bars and silver bars are circulated, they are only circulated in medium and large-scale trades.

This is the current situation of various operations, but it will be different next year, with large-scale cashing and deposits and loans.

It is better to deposit, especially when it comes to loans and repayment, and the people return money, silk and grain, but these are linked to copper coins. However, the value of silk payments in different places is different. If the silk payment is high, the people will force the people to repay the silk payments, and the people will complain. If the silk payment is low, the people will force the people to repay the money and silk, and the people will complain. Or, in turn, the bank will suffer losses. It will also lead to chaos in various business affairs. Once chaos, corruption and false accounts will happen together.

Therefore, the clerk suggested that the three things be linked together.

Then there will be no such situations.

Wang Ju shook his head: "Everyone, let me explain. First, why I prepared the principal. Not to mention anything else, just talk about the actual amount of Jiaozi issued by each term of Renzong, compared with the economy of our dynasty. But why did the number of issuances slightly be a little larger, or the copper coins were lacking, and the price of Jiaozi fell immediately? It was precisely because of the lack of capital to be cashed out. Besides, this new transaction has a high cost, and its function is to prevent counterfeiting and easily gain recognition from the people. Another function is to prevent future generations from being issued overflowing."

During the Southern Song Dynasty, eleven cents of Jiaozi were only equivalent to one penny of copper coins, but this was not cruel. The one in the Republic of China was called cruel.

But that time, we can't blame the Republic of China purely. The real culprit was the United States, especially the Silver Acquisition Act, which caused a large amount of silver in China to flow out, and the Republic of China had to issue legal currency. However, due to the calculations of the United States, Britain and Japan, the reform of the fiat currency failed, the currency depreciated seriously, and the people's hearts were also lost. Therefore, from this point of view, Taizu was considered a hero of China, at least allowing China to walk independently. Although it was walking the same miserable... However, without this independence, the second ancestor could not reform.

Not only the Republic of China, but before Wang Ju traveled through time, they were all modernized, but also some small countries, because of random issuance of currencies, the country's prices expanded and the people were living in poverty.

Wang Ju admired the US imperial examination in this regard. Not to mention that the US imperial examination issued US dollars randomly, they used this to kidnap the whole world to support them. If it was really issued randomly, the US dollar would have depreciated seriously long ago. Why do so many countries regard it as the most important foreign currency savings?

But these Wang Ju know, who knows about the Song Dynasty?

But now the cost is so high, and gold and silver principal must be required. Then no one wants to issue randomly and rely on silk to make money.

But now, only a few smart people understand.

Wang Ju said: "What is the principal? It is either gold, silver or copper coins. Why did I finally choose gold, silver. Not only was the copper coins bulky, but the copper coins were even more nervous. For example, I had to issue 250 million guan of silk for 200 million guan of silk for 200 million guan of copper coins. If I wanted to cast more than 200 million guan of copper coins, I would not take lead and tin, but copper itself, and I had to make more than 500 million guan of copper. Where did I get so much copper? So I finally chose gold, silver."

"Why don't you link gold, silver and silk to copper coins? In fact, it's very simple. Gold and silver were originally quasi-currencies, and copper was used directly to mint coins, but they have other functions. They are not only used as currency, but also need a large number of gold, silver and copper ware, so they are also commodities. As long as they are commodities, a supply and demand relationship will form, and the price will fluctuate. It's not easy to be careful if you can link it to gold and silver. Then hook it with copper coins, gold and silver. Do you think it's possible?"

"But you don't have to worry. It will only be this year for the money and silk, and it will be limited to the current banking department. It will not be cashed next year."

"Then these silk friends..." a clerk said worriedly.

Before he finished speaking, Wang Ju said directly: "The reason for cashing this year is to use merchants to circulate it across the country, and it has been popularized by merchants to the public, so that everyone can recognize it. Recognition is the biggest prerequisite! With recognition, there is a next step. Use silk to pay the silk money and silk to pay the silk money of each merchant, and can also use silk to pay for the shipping department and the buying and buying of the shipping department, and the science and technology distribution of each prefecture and county. At the same time, our dynasty has more than 100 million yuan in annual expenditures, half of which can be paid with silk. Let me ask, how much silk is issued in total? Then why should we continue to use money and silk to pay for the silk, which will lead to chaos in management accounts in various businesses?"

That is to use these channels, the silk exchange has been issued! There is no need to cash it out.

"If you don't cash it, you can have a later system. If you can only save gold, silver, silk, and copper coins. It is impossible to store grain, cloth, or a piece of cured meat."

Everyone had fun together.

"Gold and silver are linked to silk, but copper coins are not linked. Then the account will be done separately, and the copper coins are divided directly from each business. As for lending, repaying grain, repaying silk, and repaying money. But it is not always unpaid. With the implementation of the banking department, the difference between gold and silver prices in the north and south will become smaller and smaller. When there is no gap, then the relevant exchange rate will be formulated based on various situations."

After saying this, everyone suddenly realized.

Wang Ju said again: "As for the situation on Jingdong Road, it is easy to deal with. Although the price of gold and silver has not fluctuated yet, it is too late to remedy it when it fluctuates. We must take action to suppress it from now on. Therefore, after I went back, I ordered officials from all walks of life in the south to find ways to encourage the people to pay taxes with gold and silver. If necessary, some subsidies can be made to gold and silver taxpayers, and use this to transfer gold and silver from the south to the capital."

This is also the benefit of gold and silver as principal, because it is expensive and the transportation cost is very low. Even one million taels of silver is less than forty tons. A small boat, as long as it is kept in good condition, will be transported to the capital.

"At the same time, I will ask the three departments to allocate gold and silver, and the other side of the Japanese gold and silver will be intercepted. A total of three million taels of silver and 300,000 taels of gold, but they are not cast into gold and silver bars, but they are just scattered gold and silver, and invested on Jingdong Road, and the handling fee is reduced to two percent, and use this to suppress the bad momentum of Jingdong Road. By the way, you also ordered Jingdong Road operations to write this news as a cloth-like post."

As long as this news spreads on Jingdong Road, some businessmen's dream of hoarding gold and silver for profit will be immediately shattered.

"Tianjue, in fact, there is no need to notify me of this situation in the future. Think about it, the entire banking department can use tens of millions of taels of silver and millions of taels of gold. Such a huge wealth, as long as it is properly dispatched, how can a few small merchants stir up? Really, the three-percent handling fee is not money? With a few suppression, these merchants will not dare to have bad thoughts."

"Taibao, don't I understand this very much?" Zhang Shangying said embarrassedly, but it is also true. Not to mention Zhang Shangying, even Wang Ju is also feeling the stones across the river.

Wang Ju suddenly gave him a wink, Zhang Shangying understood and followed Wang Ju to the back. Wang Ju told Fu Bi's letter.

"How can the rich man do this?"

"Maybe Mr. Li's actions in Luoyang angered him," Wang Ju guessed. Wang Ju didn't know what it was.

"But it's okay. The court is now under the control of the new party, and at least the new party does not reject me." Wang Ju comforted himself again.
Chapter completed!