The Head of the Ming Dynasty Spared His Life

It turns out that since the establishment of the Ming Dynasty, there has been a serious shortage of silver mines, which has become a shackle for the country's development.

In fact, not only Daming, but China's history of gold and silver has not been sufficient.

Some people say, what happened to Nima of the Han Dynasty who rewarded ten thousand taels of gold and sealed ten thousand households at every turn?

That's a copper block!

(The tombs of Wanhuhou are crying loudly. The emperor of the Han Dynasty is not kind. We don’t read much, so we are so deceiving!)

China has never been short of copper, so copper coins have a long history, but gold has never been much.

Besides silver, what about other currencies?

gold?

Needless to say, it is less than silver!There is no way to circulate on a large scale.Moreover, gold will gradually lose weight in circulation, and most people are reluctant to part with it.

Although there were many copper coins, their value was too low. A thousand copper coins were worth only one tael of silver. It was too inconvenient to do business.

What about official banknotes?

Not to mention this.

In fact, as currency, banknotes are born with great advantages. Isn't it all banknotes in modern times?

In fact, Zhu Chongba and Zhu Laosi, the father and son, still know economics very well and are very foresighted.From the moment they established the Ming Dynasty, they began to issue banknotes on a large scale.

But helplessly, the basic premise of issuing banknotes is to have a reliable government!The emperor who understands economics!

Daming court and emperors, Nima is not reliable at all.

Especially Zhu Chongba and Zhu Laosi, the founding father and son, one is a cowherd boy who has never been to school, the other is an illiterate, and the other is an immediate emperor who is very happy and just wants to establish a long-term empire!

The two have one thing in common.

They just don't understand economics, and they are all very greedy.

In their view, issuing a pile of paper can exchange for the real gold and silver of ordinary people, which is a good business with huge profits.

what?

To issue banknotes, must there be reserves of equivalent value?Need to measure circulation?Still want to preserve value?

I want to say something to punish you and the nine clans!

Zhu Chongba and Zhu Laosi saw that the Yuan Dynasty issued "Yuanjiao〃¨zi" to plunder the people's wealth, which was so cool.

They won the world, Nima would still be polite?

The emperor and his father issued a total of 7 "treasure banknote orders" + "ban silver orders"!

What does it mean?

The Baochao Token is the only official currency of the Ming Dynasty, the Daming Baochao.The Ming government’s external purchases, outsourced services, and civil servants’ salaries were all paid with treasure notes.

The ban on silver means that the Ming Dynasty prohibits the circulation of gold and silver, and all gold and silver must be exchanged for Ming's precious banknotes at the designated time and place.

What's more terrible is that these two scammers started to print treasure banknotes like crazy, issuing tens of millions of taels every year!

Is this Nima printing treasure?This is clearly Yinming coins!

Just by looking at the face value, there will be a sense of dark currency rushing to the face.

Daming Treasure Notes, minimum 1 guan, maximum 500 guan!

Converted to copper coins, that piece of paper is worth 5000000 copper coins!You can buy 2500000 cooking cakes!

As a result, Ming paper money quickly became a tool for plundering people's wealth from a good thing for a prosperous economy!

The gold and silver from the people were all received into the treasury, but what the Ming government exchanged out was a lot of zero paper notes!

Daming banknotes were issued from the Hongwu period, and there was no national guarantee at all, and the value was guaranteed.Circulation also depends on the emperor's mood and needs. Of course, the price is also falling all the way, diving wildly.

In the beginning, Yiguanbao banknotes were officially exchanged for one tael of silver or one thousand copper coins.

Within a few years, it began to plummet, from 900, 800, 700, to 100, and finally reached an outrageous figure during the Yongle period.

20 essays.

That is to say, if you honestly listened to Zhu Chongba's flickering and bought the wealth management product of the Ming Dynasty - Daming Baochao with real money from your family during the Hongwu period, how much will your wealth increase in the Yongle period? pinch?

congratulations!Depreciate 50 times!

Nima, this must be a new banknote.A lot of old banknotes are not on the market at all!

Even if it is a new banknote, with such a high face value, you can just buy two egg-filled pancakes.

Pit or not?

What's more cheating!

It's the Ming court, Nima himself doesn't want the treasures of the Ming Dynasty!

You heard that right.

He doesn't want the banknotes issued by the imperial court!

The Ming Dynasty stipulated that taxes and grains must be paid, and the imperial grains and national taxes only needed silver and grains!Don't work for precious money!