Heavenly Dao Formula

Mo Yun naturally doesn't know the true meaning of liberation.

She simply understood it as a literal meaning—to liberate the people in other states and cities who were still oppressed by aristocratic families or warlords.

For this meaningful name, Mo Yun is satisfied. In addition, the Jiefang numbers that Xia Fan outlined filled the streets and alleys, which made her even more emotional. Now that Ning Wanjun has woken up, the burden on her shoulders has been lifted, and she can finally devote herself to the mechanism design again, almost not wanting to waste a quarter of an hour. As a result, she drove Xia Fan out of the machine building bureau with a wave of her hand, and immediately started research on large-scale production.

Looking at the back of the other party leaving in a hurry, Xia Fan suddenly had an inexplicable sentence in his mind-men will only affect my efficiency in studying technology.

In the evening, Xia Fan called Eunuch Li, the head of the finance department, to the villa. When the latter walked into the reception hall of the villa, he found that besides His Highness Ning, there were two other people sitting in the room. They are a man and a woman, with obvious alien features. Li Duojin immediately guessed that the other party was Xia Fan's benefactor brought back from the West Pole. The male is the squire, while the female is the Night Princess of Natalia.

He bowed solemnly to the woman before sitting opposite Xia Fan.

For Li Duojin, Jinxia's new situation has become more and more obvious-for example, in the past, only Her Highness the Princess would sit in the first place alone, but now she will pull Xia Fan to her side, forming a tie for the first place. That kid might not have noticed this thought, but he definitely wouldn't miss it. In Li Gonggong's view, it can be said to be very gratifying. He treats Ning Wanjun like a half-daughter, although he knows that his status does not match, but this feeling has been formed for a long time. He originally thought that Her Royal Highness wanted to avenge her mother, and would not look at other people at all, but he didn't expect that the other party would also have a day of enlightenment.

"Now that everyone is here, I'll talk about what I'm going to talk about tonight." Xia Fan said with a relaxed expression, "I plan to test issue paper money in Jinxia to replace the existing silver payment system."

Having dealt with Master Xia for so long, Li Duojin has long been familiar with his new words, "This banknote...does it refer to the bank note?"

Few people have heard of this thing, let alone use it, but Eunuch Li is one of the few.

Due to the inconvenient transportation of a large amount of silver, several big banks in Xu State united to issue some bank receipts. With these receipts, merchants can exchange the same amount of money at the bank in Shangyuan City. When he was preparing funds for the rebellion for Ning Wanjun, he had turned part of the money into receipts. First, it was convenient for storage, and second, in case of failure and fleeing to another country, the receipts were easier to cash than jewelry.

However, its shortcomings are also obvious. That is, in order to prevent counterfeiting, Xuguo Bank will change the receipt every six months, and the holder needs to replace it on time, otherwise it will easily cause disputes. Although after passing the identity verification, the old receipt can also get the money back, but unless the person is in Xu State, the time consumed in the process is usually measured in months.

The second is the issue of reputation. Not all receipts issued by everyone can be exchanged for money - the Nanxi Bank led by Xu Guo already existed in the Yong Dynasty, and the reputation accumulated over a hundred years can make other merchants willing to exchange. There are not many big households in Shangyuan City Tried and failed without exception.

"No, it's more direct." Xia Fan replied, "Banknotes are not only circulated between banks, but also between merchants and ordinary people. Simply put, people can directly use banknotes to buy rice noodles, Clothes and other daily necessities. Didn’t Jinxia issue seafood rolls and special food stamps for the Bureau before, and banknotes are like a collection of them, with wider uses and almost everything.”

Eunuch Li gasped.

This is the coinage right.

It's just that copper coins have been exchanged for banknotes.

Jinxia minted money, he definitely raised ten thousand hands to agree. As the future monarch, Ning Wanjun naturally has the privilege of minting coins, but the situation is very different when it comes to banknotes... The cost of this thing is extremely low, and the speed of money is absolutely top-notch , but the risk is also terrifying! Regardless of whether people want to recognize it or not, paper is worthless. If there is a risk of distribution, and the people find that the money in their hands has become waste paper, it will damage Jinxia's future!

"Why do you want to do this all of a sudden?" Ning Wanjun couldn't help being curious, "If someone else mentioned it, I would definitely think that he wants to take the opportunity to make money."

"Because Jinxia City needs money." Xia Fan said concisely.

"Lord Xia, we still have a surplus in our warehouse." Eunuch Li coughed twice, "And this year's income and expenditure should be able to maintain."

That is, there is a surplus.

Xia Fan has also learned about the financial situation of the bureau. The opening of the school and the expansion of the machinery bureau almost absorbed a lot of money, and the profit is the logistics sharing, port trade tax, real estate income and salt tax of the Fang family. In order to ensure the stability of salt prices, the salt tax money is not too much, but it tends to be caught up by real estate income. As for the other two items, it is a drop in the bucket.

If it wasn't for the timely supply of silver from Yamaguchi, and the additional payment for purchasing weapons, Jinxia might have gone bankrupt. But the problem is that several schools have been built, but they are all located in the capital. It is still a dream to spread all over Shenzhou. Not to mention the state-wide road infrastructure, more animal factories, medical and health systems, and larger-scale education and popularization efforts.

In fact, precious metal currency has become the threshold for Jinxia's rapid expansion.

"Jinxia will need a lot of money in the next twenty years, which may be more than all the silver produced by the six countries." Xia Fan stated, "In order to avoid the market shrinking caused by insufficient circulating silver, we must advance Arrangements are made to encourage the further development of the market, and at the same time give the Bureau more room to display. Since silver ore and copper mines cannot be dug so fast, paper money has become the only option.”

Eunuch Li widened his eyes.

Jinxia needs more silver than the six countries combined? What is this concept?

That includes the accumulation of countless wealthy families and princes and nobles for thousands of years!

Is he really sure that Her Royal Highness's territory can produce so many goods?

Ning Wanjun smiled, "It seems that you have already made up your mind to do this. Eunuch Li, is there any difficulty in this matter?"

It's not about whether it's feasible, but about the difficulty, which proves that the princess has agreed to the decision.

Eunuch Li scratched his head, "There are many difficulties. The first is to make the people willing to use it. If it is not handled well, it may even affect the prestige of His Highness. The second is to prevent counterfeiting. In case it is used by people with ulterior motives, the public will Fear will cause anxiety. In addition, how much banknotes are issued, how much to use, and how to control its flow and whereabouts are all big problems." More than a hundred times, "In short, Master Xia must treat it with caution."