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Chapter 124 face value problem

Household registration and business registration, are not humans? They are not people in the Ming Dynasty? Even if they raise pigs, they must have the right to pigs!

Li Juan looked back and forth with the confession issued by the Ministry of Personnel several times, and said with a bitter face: "I hope the priest general will give me some advice!"

Yang Shaofeng sneered: "As the saying goes, there are policies from the top and countermeasures from the bottom. Didn't they still tell you to act in the official document? If you think you can let the people go completely, then just let it go."

Li Juan shook his head and said, "The officials want to fully relax, but after the relaxation, a large number of people with household registration in other places will come to run the bank."

Yang Shaofeng said: "There is no way to do it if you don't let go? Ask military people to help you exchange it, will your bank exchange it or not? If you restrict your household registration, then find a way to find someone from Wanquan Youwei to help you exchange it. Are there not many methods?"

Li Juan suddenly slapped his head and laughed: "Zhuangyuan Gong reminded the official. It is to restrict household registration. In addition to the existing appointments and limits in border cities, Wanquan Youwei only handles business for people with Wanquan Youwei household registration. People in other regions can wait for the local bank outlets to open with peace of mind."

All are talents!

After cursing in his heart several times, Yang Shaofeng said helplessly: "Since that's the case, President Li can give it a try. Anyway, there are branches of Shuntian Prefecture and Beijing Headquarters to provide guarantees. If not, there will be the national treasury and treasury, so there will be no big trouble."

...

The news that Wanquan Youwei will open the banking pilot will go beyond the limit.

For the people of Wanquan Right Guard, whether they are military, civil, commercial, or craftsman, if they want to exchange treasure banknotes for silver in the future, they will no longer have to find ways to lead them to the border city. It is really convenient to complete the exchange at their doorstep.

But what followed was that Baochao, which had already appreciated by Wanquan Youwei, began a new round of appreciation until it was infinitely close to its face value.

The reason is very simple. Baochao itself does not have any value. All the value of this thing comes from the value given to it by the court, or from how much silver it can be exchanged for.

Originally, because the imperial court did not redeem it, it could only exchange one-tenth of the ticket value or even lower among the people.

Now that the court has begun to allow the exchange of treasure banknotes and silver, and it is a one-to-one comparison, the value of treasure banknotes has increased accordingly.

What the court bosses such as Xia Yuanji could not imagine was that the appreciation range of Baochao was not only Wanquan Youwei, but also led to the appreciation of Baochao in the entire Ming Dynasty, but the appreciation was different.

This is easy to understand.

Li Juan was worried about the run, so when Wanquan Youwei started to open business, he set up a sign at the gate and sent people to preach to the people, declaring that Wanquan Wanwei was just a pilot project, and more and more outlets would be opened in various places later.

Corresponding to the Bianshicheng Branch and Shuntianfu Branch, which had been open for business, the people did not doubt whether there would be fake Zhu Chongba and Zhu Laosi here have a very good reputation among the people, and it was difficult for the people to doubt the two of them.

If we look at the operation of these two branch-level outlets and the operation of new outlets that Wanquandus continues to open, then there is no doubt that the purpose of preserving Baochao value has been fully achieved. Even among the private sector, the exchange ratio of Baochao and cash bank is also increasing.

What really makes Li Juan and the big guys wonder is why the Baochao has obviously appreciated, but those people are still unwilling to use Baochao to trade?

But in Yang Shaofeng's opinion, isn't this an obvious matter?

Let’s not talk about the people in the distance, they are basically waiting for the appreciation of the treasure banknotes. Now they spend the treasure banknotes early. Wouldn’t they suffer a loss?

As for the people of the Bianshi City and Wanquan Right Guard, they wanted to take the treasure money to spend, but if they bought a needle and thread, who can use the treasure money worth 100 yuan? Even if they want to use it, will the vendors be willing to find it?

So in this case, the appreciation of Baochao has indeed appreciated, and there are more and more transactions between merchants using Baochao, which means that the people are still not very enthusiastic about using Baochao.

After Yang Shaofeng's analysis, Li Juan understood and thought for a while before saying, "What if he printed out the treasure money with a denomination value of ten, twenty, thirty, forty and fifty-month?"

Yang Shaofeng couldn't help but rub his forehead and said, "How many pennies do you need to buy a pound of rice? How many pennies do you need to buy a fish? How many pennies do you need to buy a chicken?

Of course, you, President Li, have a salary, and you can buy whatever you want. It’s okay to buy more at once. But what about those people? You have to make careful calculations to buy a few kilograms of rice on weekdays, and it’s a matter of solving a few cents. What do you do if you get twenty or thirty cents of treasure money?

Let’s take a step back, suppose you, President Li, went to buy something with a fifty-money treasure banknote, and spent a total of fifteen cents, how should the seller find you change? Do you have to find a thirty-money bill for you and then get an extra five-money copper coin?”

Seeing Li Juan nodding, Yang Shaofeng continued: "What if the seller asks you for three ten-money pieces and adds one five-money piece? If you ask you for one twenty-money piece and one thirty-money piece, isn't the remaining five-money piece more convenient, whether it is treasure banknotes or copper plates?

In other words, do you think the face value of these thirty-month documents is necessary?

If you want the people to spend more money, you have to think about the face value of this treasure banknote. Ten-month denomination treasure banknotes are not as distressing as twenty-month denominations!

Similarly, there are enough face value for treasure money, fifty, twenty, ten, five, two, and one face value. There is no need for the rest of face value!"

Lin Yu, who had been silent, also chuckled: "If President Li doesn't believe it, then you can take a handful of treasure money to Zuixianlou, look at the treasure money in your hand, and then order a few dishes to try.

I promise, you will definitely be like what my brother-in-law said. You won’t feel too distressed when holding the treasure money, but if you want to change the silver and copper plates, your heart will be so painful that you will be bleeding!"
Chapter completed!
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