Naturally, Mo Yun didn't know the true meaning of liberation.
She simply understood it as its literal meaning - to liberate the people in other states and cities who were still oppressed by wealthy families or warlords.
Mo Yun was satisfied with this meaningful name. In addition, Xia Fan's sketch of Jiefang flooding the streets made her even more excited. Now that Ning Wanjun has woken up, the burden on her shoulders has been lifted, and she can finally devote herself to mechanism design again, not wanting to waste almost every moment. As a result, she drove Xia Fan out of the Machinery Manufacturing Bureau with a wave of her hand, and then immediately began research on large-scale production.
Looking at the other person's back as he hurriedly left, Xia Fan suddenly had an idea in his mind - Men will only affect the efficiency of my research on technology.
In the evening, Xia Fan took Mr. Li, the chief officer of the finance department, to the villa by bus. 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 characteristics. Li Duojin immediately guessed that the other party was the benefactor Xia Fan brought back from the West Pole. The male is an attendant, and the female is Princess Muye of Natantine.
He bowed solemnly to the woman before sitting across from Xia Fan.
For Li Duojin, Jin Xia'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 beside her, forming a tie for the first place. The boy might not have noticed this thought, but he would definitely not miss it. From Eunuch Li's point of view, this was very gratifying. He treats Ning Wanjun like half a daughter. Although he knows that his status does not match his status, this feeling has been formed for a long time. He originally thought that the princess would not like anyone else because she wanted to avenge her mother, but he didn't expect that the other party would also wake up one day.
"Now that everyone is here, let me talk about what I want to talk about tonight." Xia Fan said with a relaxed expression, "I plan to test-issue banknotes in Jinxia to replace the existing silver payment system."
After dealing with Mr. Xia for so long, Li Duojin has long been accustomed to his new words, "This banknote... does it refer to the bank note?"
Very few people have heard of this thing, let alone used it, but Eunuch Li is one of the few.
Due to the inconvenience of transporting a large amount of silver, several large banks in Xu State united and issued some bank receipts. Merchants holding these receipts could exchange them for equal amounts of money at the banks in Shangyuan City. When he was preparing funds for the rebellion for Ning Wanjun, he converted part of the money into vouchers. Firstly, it was convenient for storage. Secondly, in case of failure and fleeing to another country, vouchers were easier to cash than jewelry.
However, its shortcomings are also obvious. That is to prevent forgery, 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 the old receipt can be used to get the money back after passing the identity verification, the time spent in this process is usually measured in months unless the person is in Xu State.
The second is the issue of credibility. Not everyone can exchange receipts for money - Nanxi Bank led by Xu Guo already existed during the Yong Dynasty. Only the reputation accumulated over a hundred years can make other merchants willing to exchange it. It's not like the big merchants in Shangyuan City didn't try. tried, but without exception they all ended in failure.
"No, it's more direct." Xia Fan replied, "Banknotes not only circulate among banks, but also among merchants and people. To put it simply, 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? Banknotes are equivalent to a collection of them, with wider uses and covering almost everything."
Eunuch Li took a breath.
This is the right to mint money.
It's just that the minted copper coins were replaced by banknotes.
He definitely approved of Jinxia's coinage with 10,000 hands. As the future monarch, Ning Wanjun naturally has the privilege of minting coins, but when it comes to banknotes, the situation is completely different... The cost of this thing is extremely low, and the speed of money coming in is absolutely top-notch. But the risks are also terrifying! Regardless of whether people are willing to admit it or not, paper has little value. If there is a risk of distribution and people find that the money in their hands has turned into waste paper, the future of Jinxia will be damaged!
"Why do you suddenly want to do this?" Ning Wanjun couldn't help but be a little curious, "If someone else had brought it up, I would definitely think that he wanted to take advantage of the opportunity to make money."
"Because Jinxia City needs money." Xia Fan said concisely.
"Master Xia, our warehouse still has a surplus." Eunuch Li coughed twice, "And this year's income and expenditure should be able to maintain."
That's just a surplus.
Xia Fan has also learned about the financial situation of the Secretariat. The opening of the school and the expansion of the Mechanism Bureau have almost absorbed a large amount of funds. The profits are the Fang family's logistics share, port trade tax, real estate income and salt tax. In order to ensure the stability of salt prices, the amount of salt tax is not large, but is being overtaken by real estate income. As for the other two items, it is a drop in the bucket.
If it weren't for the timely supply of silver from the Evil Horse Kingdom and the additional payment for a batch of weapons, Jin Xia might have gone bankrupt. But the problem is that there are several schools built, but they are all located in the capital. It is still a dream to spread them all over Shenzhou. Not to mention the state-wide road infrastructure, more government agencies, animal factories, medical and health systems, and larger education 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. The total amount of money may be more than all the silver produced by the six countries." Xia Fan stated, "In order to avoid the market shrinkage caused by insufficient circulating silver, we must advance Arrangements are made to encourage further development of the market and also give the Secretariat more room to display. Since silver and copper mines cannot be mined so fast, banknotes have become the only option."
Eunuch Li took a breath.
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 over thousands of years!
Is he really sure that Her Royal Highness's territory can produce so many goods
Ning Wanjun smiled and said, "It seems that you have already thought about doing this. Eunuch Li, are there any difficulties in this matter?"
Not asking whether it is feasible, but asking about the difficulties, proves that the princess has agreed to this 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 They may be panicked. In addition, how much banknotes are issued, how much is used, and how to control its flow are all big problems." In a sense, receipts have the same shortcomings, and the side effects are greater. More than a hundred times, "In short, Mr. Xia must treat it with caution."