Chapter 918

When Kepchak's battle report was delivered to Lu Qian, it was already April of the following year.This is the 16th year of Hongwu!

The good things about the Lu Qi Dynasty are not just the Dongkepchak Khanate, but also the good news from the Yelu Dashi side-under the sincere cooperation between him and the Tian Hu Army, the Ghaznavid Dynasty has completely become history.

Looking at the battle report sent, Lu Qian was still very emotional.

To destroy a big country thousands of miles away, the Lu Qi Dynasty did not mobilize the army at all, let alone resort to military force. It was just a partial army that destroyed the country and sent its ruler to Jinling.This made him suddenly think of the big man who killed and killed all the countries in the Western Regions and the Southwestern Yi.It's just that whether it's Nakpchak or the Ghaznavids, their strength is far stronger than that of the countries in the Western Regions and the Southwestern Yi countries.

This made Lu Qian feel proud and deeply proud.

Isn't Lu Qi's national power and the combat power of the army far surpassing that of Tang Han?In Liu Han's time, there was a saying that "one Han should be five Hu". After Gaoqiao's saddle and horseshoe were introduced to the grassland, it was no longer heard.Today, Lu Qijun has reproduced that sentence again. Counting firearms, the overall strength can be even stronger!

Hanging and beating all dissatisfied, without any pressure.

He couldn't hold back any longer in his heart, and his mind kept thinking about the Western Expedition, the Western Expedition.

Although he knows that now is not a good time to go west, he hasn't made many preparations yet.For example, the Seljuks, if they don't subdue Tianfang World, it will be difficult to completely stabilize the territory of Anxi Dufu.It's not safe there, so how can Lu Qian feel relieved to go west?
And the ministers in the DPRK and China will not agree, they are more eager to fight Tianzhu now than to fight Europe westward!
"Your Majesty, within the Seljuks, Sanjar's integration is still lacking. Huacizimo descended to our dynasty, but none of them sent troops to attack." This is the most direct manifestation of Sanjar's lack of preparation.

Xiao Jiasui looked at the map with his eyes, and his whole attention was focused on North Tianzhu.

"Today, our army's Anxi Dufu has just been established, and the military strength and materials there are not ready yet. At this time, attacking the Seljuks is not a good strategy. It is better to take advantage of the Ghaznavids to fall, and the army will take advantage of the situation to enter the north." Go to Tianzhu. I heard that the countries in Southeast Asia have formed a coalition army, ready to go, and the front is directed at the Baltic Dynasty. Why don't your majesty also take the opportunity to send troops?"

Judging from the strength and social conditions of the countries, as well as the degree of unity among them, the cohesion of the Tianzhu countries is more than one level worse than that of the Tianfang world. Now Lu Qi's troops in the northwest to attack Seljuk are still somewhat lacking, but if Xiao Jiasui thought it was enough to beat Tianzhu.

Wu Yong also agreed, and continued to speak after Xiao Jiasui: "Your Majesty, the generals in the court are like a cloud. From bottom to top, there are so many soldiers eager to fight. As long as Your Majesty makes up his mind and makes a light move, there will be soldiers who want to fill the three positions." The vacancy of the flag soldiers and horses is to charge for the imperial court."

"Although our army has been fighting continuously in these years, in my opinion, Your Majesty has actually exercised restraint. Our Qi army has strong troops and horses, and it is easy to conquer the world. I believe that Tianzhu is in your Majesty's plan to compete with Nanyang and Saibei. They are all different, even very different from the Anxi Protectorate. His Majesty the latter three all want to change to Han Dynasty, but Tianzhu is not like that, but just a colony. In this case, the army marches into Tianzhu , why do you need to make the same preparations as you did when you fought in Nanyang and Saibei?"

"With the sharpness of our soldiers and horses, dispatching [-] to [-] troops, together with the vassals of the Western Regions and Anxi, gathered [-] to [-] soldiers and horses, and marched southward in a mighty manner, which is enough to change the color of Tianzhu."

The Nanyang and Saibei battles were fully prepared in advance, and it was almost ripe, and then the army attacked and picked the fruits.That's because Emperor Lu wanted to turn these lands into Han land.

But in Emperor Lu's plan, Tianzhu was a colony to transfuse blood to the Central Plains. Emperor Lu didn't intend to naturalize Brother Ah San into China, so why did he do it after all the preparations were complete like before?Isn't it necessary for the demeanor of Lu Qi's army to be reflected in Northern Tianzhu?

In Wu Yong's view, the attack on the countries of North Tianzhu can be regarded as the second of the 'Yelü Dashi'.

How hastily was the latter's offensive against the Ghaznavids launched?When necessary, they are supporting war with war, and Lu Qi's attack on North Tianzhu can definitely follow suit.

It is enough to transfer some people, call the vassals of the Western Regions and Anxi, and gather a large army to go south.

Because seizing the colonies is not the burden of Lu Qichao at all, but represents extremely huge profits.The local Brahmins and Kshatriyas were all fat and oily. After Lu Qi's army conquered North Tianzhu, Wu Yong felt that he was in a panic if he didn't kill them severely.

As for the profits of Tianzhu World, it can not only be used for initial investment in the Americas, but also greatly make up for the government's financial deficit.

The bigger the stalls of the Lu Qi dynasty, the higher the fiscal deficit accumulated each year. Although these deficits were made up for by the additional paper money issued by the court, if this "fiscal model" continues, then After all, one day it will be fun.

Because the banknotes issued by the imperial court are based on the bank's gold and silver reserves, of course, it is also related to the actual domestic circulation.For example, the salaries of officials, soldiers, and public officials in the Lu Qi Dynasty are all settled in paper money, which is also the "fundamental" required for the actual paper money of the Lu Qi Dynasty.

The financial department of the Lu Qi Dynasty did not pay salaries, and the latter was distributed by the bank uniformly, and the amount of gold and silver received in the bank each year was far from enough to cover the salaries of the public officials of the entire court, and the difference was the additional banknotes issued by faith .In fact, this is to "reduce" the pressure of government officials' salaries, soldiers' salaries and other public office salaries for the financial operation of the imperial court. This burden reduction should not be too large.

The ratio of the banknotes issued by Lu Qichao to the gold and silver deposits of Zhongyuan Bank is on the level of 1:5, which fluctuates slightly, but not much.The imperial court still holds a large amount of 'cash', because Lu Qi's people's livelihood is recovering, and social wealth is increasing. As a kind of social currency, paper money, especially the currency directly controlled by the imperial court, should be issued appropriately. This is a matter of course yes.And this is the biggest reason why Lu Qichao's finances have been healthy all these years.

According to the financial philosophy of later generations, it is only four times the amount of additional issuance, that is, one tael of silver is used as five taels of silver, but such a ratio is impossible to cause a run crisis.

We must know that the US knife crisis in 71 in the previous life, when the US knife was directly linked to gold, it belonged to Franklin who printed and issued 100 billion US dollars with a gold reserve of over 7000 billion.

Not to mention that standing behind the banknotes is the Lu Qi Dynasty. Now the Lu Qi Dynasty is in full swing, and the common people are convinced. The credibility of the court is just now among the people.The common people had no idea that paper money was being issued!A run crisis is simply impossible.

However, recent data show that the ratio of 1:5 is already unstoppable.

There are many reasons, but the biggest reason is that with the development of Lu Qi, the number of Lu Qi's troops, the tolerance of officials established in the newly opened territory, and the increase in the number of schools and hospitals in various places in the interior - of these two types of facilities, Public schools are the main force, and there are also private schools and hospitals, but the number is not worth mentioning compared to public schools.

The teachers in these schools and the doctors in the hospitals, like the management tolerance and the soldiers, all eat from the public.Although schools and hospitals will have certain "income", the income will flow into the local and national finances.

And those two and banks printing and issuing banknotes are two different ways!No matter how much revenue the financial department earns, they will not be paid wages.

In a nutshell - the pressure on the shoulders of the banks is mounting.

In the case that banknotes cannot completely replace metal currencies such as gold, silver and copper, banknotes essentially only play the role of auxiliary currency.The "fundamental" for banks to issue banknotes is the amount of gold and silver mined by Lu Qichao every year, not the growth rate of Lu Qichao's national wealth.

At least [-]% of the gold and silver dug out from China, Japan, etc. will be minted into gold and silver coins, and at least half of them will become bank reserves, and the rest will be circulated in the market.For more than ten years, the sources of salaries for the court's public officials, including officials at all levels, soldiers, police, teachers, doctors, etc., have been in banks, not the court's treasury.

The problem now is that the amount of gold and silver mined by the Lu Qi Dynasty has become increasingly stable. Before the gold and silver from America are remitted to the Central Plains in large quantities, it is difficult to make breakthroughs in gold and silver.

Although the import and export trade makes China spend a lot every year, it can be said that the domestic storage of gold and silver has greatly increased.These gold and silver will also come in and out of the bank. After all, if they are converted into gold and silver coins or banknotes, is it convenient for them to trade.In this way, the bank will also earn a large amount of profits every year.But its main body still lies in the amount of gold and silver mined by Lu Qichao every year.

This means that the number of new banknotes printed by the bank will be stable every year, but because of domestic development, because of the expansion of territory, and the increase of schools and hospitals in various places, and because of the increase in financial food, the banks will actually issue ' Salaries' have been increasing.

The ratio of 1:5 is moving towards 1:6. When the budget for the new year is released, many ministers in the court have no place in their hearts.Whether it is Xu Guanzhong, Xiao Jiasui, Wu Yong, Jiang Jing, etc., the limitations of the times made them panic about this situation.But they are reluctant to let them deduct some gold and silver from fiscal expenditures to fill the "big hole" in the bank.

The way these people respond is to open source—for example, to fight Beitianzhu.

Find a treasure land as soon as possible and earn a lot of money to increase the treasury revenue and bank reserves, and reduce the pressure on banknotes!Or to put it bluntly, it is to grab a fortune immediately!Fill the hole.

After all, the bank and their court belong to Lu Qi, and they are all connected in one vein.

(End of this chapter)

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