Back to the Song Dynasty as a tyrant

Or politics?

No!Finance is it!

Financial rules are the distribution rules for the interests of all parties.

This is equivalent to the Xixia people working hard to dig salt and work for the Song Dynasty.

Even if you dig out the salt, you can't change the logic of being squeezed.

This is much less risky than insisting on winning Hengshan in a short period of time, but the benefits are much greater.

In this way, the purchased green and white salt can also be transported to Hedong and Hebei to resist the currency war of green and white salt infiltrated by the Kingdom of Jin.

Zhao Ning said: "Liu Kai has made meritorious service, and I bestow it on General Zhongwu."

General Zhongwu, the fourth-rank military rank, equivalent to lieutenant general.

After Yue Fei defeated Liu Yu, Yue Fei was promoted from the champion general to the town army general, from the second rank, which is equivalent to a general.

These are vain jobs, but extremely honorable.

There were very few people who could get this kind of position in the Song Dynasty.

Although it is a false post, it shows that Zhao Guan's family recognized Liu Kai's military achievements and recognized him himself.

Zhao Ning finally said: "According to Zhang Jun's intention, draw up the decree, first guard Yinzhou, all affairs of Yinzhou will be coordinated by Liu Kai, and no one should interfere."

This completely cut off the possibility of senior officials in the capital interfering with the front line.

Prevent "The Defeat of Yongle City" from appearing again.

Liu Kai knew that he would become a target of the Xixia people in the future, and the Xixia people would definitely attack with troops. After all, there are lessons learned from the past.

But Yinzhou must stick to it. At the beginning of April, Yan Yanlu first responded to Liu Kai's order, and then mobilized [-] local Xiang troops, local troops and ordinary people to Mizhi Village.

About [-] shi of grain were also transported to Mizhizhai.

The process of mobilizing to the front line of Yinzhou kicked off at Yanyan Road.

On the fifth day of April, Zhang Jun received a secret letter from Zhao Guan's family.

The secret letter has two main contents:

[-]. Keep Yinzhou.

[-]. Negotiate with Xixia and force Xixia to accept payment.

There is a logic to this matter.

Yinzhou is in the hands of Da Song. If you go to negotiate with Xixia now, Xixia will definitely not be reconciled.

You Song took Yinzhou into your hands while I was not paying attention to carry out a sneak attack, and then turned around and wanted to negotiate with me?When my army of hundreds of thousands is just a display?

Therefore, Song Xia will definitely break out in Yinzhou.

The task of the first stage is to defend Yinzhou.

After Song Xia played a game in Yinzhou, Xixia found out that Yinzhou couldn't be moved, and Li Qianshun would definitely start to worry, and he couldn't invest too much troops for consumption.

At this time, the second phase of the plan can be started: negotiations, forcing Xixia to accept the payment of banknotes, and finally a truce.

Only after this is done in one go, can the goal of handing over the hegemony over Xixia be achieved.

After reading the secret letter from Zhao Guan's family, Zhang Jun only had one sentence: Guan's family, please accept the minister's knee.

On the tenth day of April, the Xixia army had already arrived in Xiazhou from Hongzhou and gathered here, only tens of miles away from Shizhou.

An unprecedented large-scale war is coming.

In order to ensure the victory of the war, Li Qianshun personally marched.

He originally planned to send Brother Li Cha, but after thinking about it, he didn't send Brother Li Cha.

Because in Li Qianshun's plan, when the Battle of Yinzhou fell into a stalemate, it was necessary to negotiate with Da Song.

Brother Li Cha is a pro-Song faction in Xixia, so it can be regarded as a hand for the future.

Chapter 384 Currency Control Model (Part [-])

On April [-]th, early summer morning, after a fresh rain, there was a faint mist among the trees in the imperial garden.

The flowers and plants on the roadside are lush.

Zhao Ning was half lying on the bamboo chair, looking at the foreign trade summary sent by the Hangzhou Shipping Department.

During the Song Dynasty, Japan and Southeast Asia began to trade frequently with the southeast coast.

Especially in Japan, the admiration for Da Song is endless, and even sent many women to Da Song to borrow seeds to have children.

However, such a scale of trade can only be considered insignificant for a person in the 21st century.

There are very few, and the Japanese like the copper coins of the Song Dynasty very much. Every time Japan makes a lot of things to sell in the Hangzhou Bay area, and then exchange them for copper coins.

Zhao Ning was thinking again, wouldn't it be better if Japan could introduce banknotes in the future?

At this time, Zhao Ding came.

"Officials."

"Come, sit here, I have prepared some breakfast."

"Thank you."

Zhao Ding sat down.

Zhao Guan's family announced that he had come to the palace early in the morning, probably not for the simple reason of having breakfast.

"I don't know why the official is looking for the minister?

"I want to talk to you about handing over banknotes. Hu Quan has already implemented banknotes in Chang'an."

Zhao Ding said: "The people in Jingzhao Mansion have a higher degree of acceptance than Tokyo, and the implementation speed will be faster than Tokyo."

"Yes, because when Cai Jing was in power, the imperial court issued Jiaozi on a large scale in Shaanxi. The people there were no strangers to Jiaozi, but at that time Jiaozi could not be freely exchanged with copper coins, and the circulation could not keep up with the issuance, and the depreciation was too high. quick."

Zhao Ding immediately knew why the Zhao family was looking for him. The Zhao family must be worried that after the court issued Jiaozi in Shaanxi, it would repeat the mistakes of Cai Jing and arouse public resentment.

"Officials can rest assured that Jingzhaofu Bank has sufficient reserves of copper coins. According to the progress of Tokyo's new banknote delivery, once the public accepts banknote delivery, they will be more willing to use banknotes. After all, banknotes are much more convenient to use than copper coins."

"I know this, and I agree with it."

"Then what are the officials worried about?"

Zhao Ning said: "Song Xia must have a battle in Yinzhou. After this battle is over, I want to negotiate peace with Xixia again."

Zhao Ding said: "It's reasonable, we don't have the strength to swallow Hengshan right now."

"But the condition for me to negotiate peace with Xixia is that when Songxia trades, Xixia must accept the new payment from Song Dynasty."

Zhao Ding was stunned for a moment.

Zhao Ning continued to ask: "Does Mr. Zhao think that Xixia people will accept the new banknotes from Song Dynasty?"

Zhao Ding said: "People in Xixia have always liked to use the copper coins from the Song Dynasty. Their own currency is rough and inferior, and they are unwilling to mint coins. After all, their copper mines are limited. The Xixia people had no choice but to accept all the copper coins back.”

Zhao Ding talked about the essence of the problem in a few words.

Ancient currency casting not only had high technical thresholds, but also high thresholds for resource reserves.

Except for the rich mineral resources in Hengshan, Xixia is barely enough for the back cover, and there are no redundant minerals in other places, let alone copper mines.

The population of Xixia is limited, the domestic region is severely divided, and its own business is not developed.

The most frequent trade is the sale of green and white salt with Song Dynasty, and domestic trade is some basic living materials.

Next, Zhao Ning began to indoctrinate Zhao Ding with his theory of the banknote delivery center.

After Zhao Ding accepted, Dongfu began to cooperate with Shaanxi Bank to prepare for the control of the output and inflow of banknotes based on the business situation.

After all, finance needs to be regulated through economic and trade, otherwise it is easy to cause inflation and kill yourself.

Zhao Ning said lightly: "If Xixia accepts the payment of banknotes, can the court print money to buy green and white salt?"

Zhao Ding thought for a while and said, "There are hidden dangers in this."

"Oh?"

Zhao Ding continued: "The imperial court printed money to go to Xixia to buy green and white salt, and the Xixia people got the money, so can they also come to my Song Dynasty to buy things?"

"Yes."

"Then handing over money and returning to Da Song?"

Zhao Guanjia said: "Yes."

"The imperial court printed the handover notes, [-] guan notes to buy Xixia Qingbai salt, the Xixia people used the [-] guan to buy Shaanxi tea, and the [-] guan returned to the Song Dynasty, which is equivalent to the imperial court directly releasing [-] guan to the people of Shaanxi. , I don’t know if I’m wrong or not?”

Zhao Guanjia said: "According to your assumption, your conclusion is correct."

"If the imperial court has been printing money to buy it like this, wouldn't there be more and more banknotes in the Song Dynasty, and the value of the banknotes will eventually depreciate? If so, the people will inevitably scramble to exchange the banknotes for copper coins."

Doesn't this situation return to the era when Cai Jing was in power?

Zhao Ning continued: "According to your assumption, there is no problem with your inference."

Zhao Ding said: "Then why does Your Majesty still do this? How is it different from Cai Jing's bad government?"

"Your Majesty knows that doing this seems to be worry-free, but it is so harmful. Even if His Majesty can do it in moderation, some officials in the court may not want to stop. It is naturally beneficial to do so in the initial stage of handing over banknotes. It can help the court to keep the handover Banknotes are promoted to the people."

"However, once the private banknotes are popularized? If the imperial court continues to do this, assuming that it buys [-] guan of green and white salt every month, the Xixia people will buy [-] guan of tea from the Song Dynasty every month, which is equivalent to [-] Guan stayed in Xixia, and [-] Guan stayed in Shaanxi folks, so, over time, it is inevitable that Shaanxi folks will depreciate their banknotes."

Isn't this the invisible harvest?

How long can I play like this?

Sooner or later it will collapse.

It's not easy to say, it's called drinking poison to quench thirst.

Zhao Ning took a sip of tea and said, "What if the court regularly sells a batch of goods to the people?"

Zhao Ding immediately realized: "Your Majesty, what you mean is that when the banknotes become more and more depreciated, the imperial court will regularly collect the banknotes by selling the goods?"

"That's the reason."

"Where did the imperial court get these goods?"

"Don't forget what the court did with the green and white salt after it was bought."

"All for sale...Your Majesty is saying..." Zhao Ding seemed to realize something.

"That's right, the imperial court bought green and white salt from Xixia and sold it to the people. Suppose the imperial court bought 250 million catties of green and white salt from the Huizhou market with 10 guan, and then sold it to the folk for [-] Wen per catty. The income is two Fifteen thousand."

"In this process, the imperial court printed 5000 guan and released them to Xixia. Xixia spent 5000 guan to buy tea, and [-] guan went back to the folks of the Song Dynasty. Do you think the money handed over by the people has increased?"

"But..." Zhao Ding was a little blocked by the logic of the Zhao official's family for a while, but he continued, "But the imperial court will use up the [-] guan sooner or later, and they will still return to the people."

"What if the court only uses five thousand guan?"

Zhao Ding couldn't help but said: "Isn't that a loss?"

The Ming court collected [-] guan from the people, but only used [-] guan, and destroyed the other [-] guan?

Isn't this crazy?

"Loss?" Zhao Ning laughed, "During this process, the imperial court started printing money for 100 coins, which cost less than [-] coins. Not only did they buy a large amount of green and white salt from Xixia, but they also ensured that the people's money was paid off. The amount of banknotes paid remains the same, so where is the loss?"

In fact, this logic is a bit similar to the commercial banks in the 21st century doing foreign exchange, and the central bank is in charge of foreign exchange control.

However, the relationship between Song Dynasty and Xixia is not the relationship between Yingjiang and other countries in the 21st century.

All countries in the 21st century have their own currencies, but the Xixia people's currency is easily substituted.

Chapter 385 Battle against Yinzhou (second update)

Once the currency of the Xixia people is replaced, there is no commercial bank in Xixia to do foreign exchange conversion, and there is no central bank to do the overall control, so there will be no restrictions on the printing of money in the Song Dynasty.

How to explain this?

For example, Ying Jiang wants to print one billion yuan to the rabbit to buy things, but the money of Ying Jiang cannot be directly consumed within the rabbit, it must be exchanged into rabbit coins, and this exchange is completed by commercial banks.

Commercial banks then take foreign exchange to the central bank for equivalent exchange, and the central bank controls foreign exchange in general.

But here comes the question, does Eagle Sauce want to print as much as possible?

No!

Yingjiang’s money must be invested in the rabbit, and the rabbit said that I only accept an investment of [-] million yuan, and Yingjiang’s other [-] million yuan will not be able to get in.