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Can we stipulate that all goods exported by Daqin must be settled with paper dragon coins
If this can be achieved, then the Qin Dynasty's paper dragon coins will have the opportunity to circulate around the world and occupy the dominant position in the world's currency.
The idea is beautiful, but the reality is difficult.
First, you have to establish branches in other countries so that when merchants from other countries trade with Qin merchants, they can bring gold and silver to the bank to exchange for paper dragon coins, and then buy Qin's products.
This means that branches must be opened in ports all over the world, which will inevitably encounter various problems. It is difficult for banks to open branches everywhere, which will restrict many commercial activities.
Furthermore, will businessmen from other countries be willing to accept such coercive measures
Why should others accept it
People hold real money, isn't it better than your paper dragon coins? Are you still worried about not being able to buy goods
The reason why the dollar can be tied to oil in later generations is that credit currencies are used in later generations, and transactions are mainly conducted through bank transfers rather than cash transactions;
Moreover, international trade at that time did require unified currency settlement, and the US dollar had been the world's universal currency for decades and was highly accepted by various countries.
This is completely different from the current situation. Most countries now have no idea what credit currency is and regard you as just a piece of waste paper.
Nowadays, real gold and silver are used in all countries. Why do we have to go through so much trouble to exchange them for paper dragon coins
Once you make a rule, will the merchants in Daqin really strictly abide by it and only accept paper dragon coins instead of real gold and silver? What a joke!
So after thinking about it, Qin Mu felt that it was not realistic to bundle paper dragon coins with Daqin products and promote them to the world. At least the time was not right yet.
Xu Yingjie said at this time: "Your Majesty, once the Dragon Coins are used as the main currency in the Great Qin, it is hard to say about other countries. But it should not be a problem to promote the paper Dragon Coins in the four vassal states of Japan, Korea, Siam and India.
These countries are controlled by Daqin or are highly dependent on Daqin. Once Your Majesty issues an order, who dares not to obey? In addition, Daqin has commodity trading as its basis and branch exchange as its guarantee. It is not difficult to promote paper dragon coins in these vassal states. "
Qin Mu couldn't help but nod repeatedly after hearing this.
In the 1920s after World War I, the US dollar had completely defeated the British pound and became the world's universal currency. But in the early 1930s, a serious financial crisis broke out in the world, and tens of thousands of banks around the world went bankrupt;
If President Roosevelt had not signed an executive order on his first day in office, all banks in the United States would have been closed for ten days, and even the Federal Reserve would have been run and closed down.
At this time, the British saw that the US dollar was not doing well, so they immediately made a big turnaround and stipulated that all transactions in British colonies could only be made in pounds. Wow! At that time, all British colonies together accounted for nearly a quarter of the world's area. By doing this, they felt comfortable.
Italy, France, Russia, the Netherlands and other countries followed suit, and as a result, the various plates became very closed, because without a universal currency, it was difficult for other countries to trade with these closed plates.
Germany, Japan, Italy and other countries saw this and thought, how can this work? You have many colonies, no shortage of raw materials and markets, you are comfortable. We have no raw material production base, no sales market, are we just going to sit there and watch
How did you get your colonies? Yes, you stole them from others. Now that we have guns and cannons, we will steal yours.
Thus, World War II broke out.
What Qin Mu wants to learn from now is the British approach. The British can give an order to use only pounds sterling in all colonies. So after the credibility of paper dragon coins is established in the country and becomes the main currency in circulation, what difficulty will there be in promoting them in these vassal states
Daqin can maintain a trade surplus with almost all countries in the world. The gold and silver in their hands will flow to Daqin continuously. When their gold and silver are running low and they want to trade with Daqin, then they can exchange their goods for our dragon coins.
We must eat one bite at a time. We must first promote it in vassal states, and then gradually radiate it to other countries. If we can accomplish this goal in ten, twenty, or even thirty years, it would be very remarkable.
Qin Mu said immediately: "This is a long-term plan. Xu Qing, you should first draft a charter and then submit it to the court for discussion. In the future, it will be implemented step by step and in an orderly manner."
"Your Majesty, I will go back and ask them to draft the charter as soon as possible."
Now Huitong Bank has recruited a group of people who specialize in finance, currency, and trade. The previous trade agreement with the Persian Empire was drafted by this group of people, and Qin Mu was very satisfied with it.
Daqin has more and more professional talents, and many of Qin Mu's ideas, once put forward, can be well executed. This is very different from before. In the past, when developing something new, he had to go to the site from time to time to take a look and give guidance.
Now he has not even visited the breech-loading rifled cannon being developed by the Ordnance Administration. It would be better to let the craftsmen understand these things thoroughly and then develop them themselves, so as to avoid the adverse consequence of forcing things.
As soon as Xu Yingjie left Jianjia Palace, Wang Guichen arrived. Qin Mu found that he had been carefully groomed. Although he could not be considered to have an greasy face, he was very different from his previous murderous look and became much more "elegant". If he hadn't been anxious, his inverted scowl would have jumped.
Qin Mu was in a good mood. When he was paying respect, he smiled and said, "Duke Hua, didn't I give you a month's vacation? Why did you come to my Jianjia Palace instead of going to Qiuguifang for a stroll?"
Wang Guichen looked embarrassed, his inverted s-shaped eyebrows twitched twice, and his slightly thin square face turned red: "Your Majesty, that... I won't hide it from Your Majesty, that Qiu Guifang... I... I have been there..."
“Are you really going? Hahaha…”
Wang Guichen smiled awkwardly and said, "I'm sorry to have made you laugh, Your Majesty."
"You really went to look for that Miss Chang? Has the marriage been settled?"
"Not yet. This time I come to see you to ask for a favor from Your Majesty."
"What is it? Tell me."
"I asked a matchmaker to propose marriage, but Miss Chang said that she would not marry me unless I could ask Your Majesty to grant her marriage, and she also said that she wanted to escape to Europe..."
"What? How can this be! How can this be!" Qin Mu's expression became serious, and he slapped the imperial table and said, "How dare you threaten me, the Duke of Qin, like this? It's simply lawless. Come! Take that Chang... Chang Ruoying to the Night Prison and punish her severely!"
When Wang Guichen heard this, he was immediately anxious: "Your Majesty, calm down! Your Majesty, calm down! That little girl is just a little bit stubborn, but..."
"But what but?"
"Your Majesty, please calm down! Your Majesty, please calm down! I am willing to use my own title to forgive Miss Chang's sins..."
"You are now the Duke of Huaguo of my Great Qin. You can marry any woman you want. Look at your lack of ability. Do you still think you are just a small fry outside Tianjin City?"
At this moment, Yun Qiaoer jumped in from the palace gate. She said with a smile: "Your Majesty, this is really fun, really fun, I want to go see this Miss Chang!"
Qin Mu glared at her and scolded, "What are you looking at? Do you think I'm a national treasure panda?"
"National treasure panda?" Yun Qiao'er's bright eyes rolled around, and her smile became even brighter. "Your Majesty, it's fun! Just think about it, if Miss Chang really went to Europe, she would encounter so many fun things along the way! Maybe she would meet a handsome prince, and fall in love at first sight, and then... oh, it's so fun anyway!"
Wang Guichen was saluting Yun Qiaoer. When he heard what she said, his face turned green, and it was clearly written on his face: Whoever dares to steal my Chang Ruoying, I will lead my troops to destroy him!
Qin Mu was amused. Yun Qiaoer immediately came up to him and said with a smile: "Your Majesty, please don't worry about this matter. I will go to see this Miss Chang. By the way, I will scare her. Hehe... I want to see if she really dares to run to Europe."
"Are you planning to go to Europe to watch the fun?"
"Eh! Why didn't I think of this? Oh, right..." Facing Qin Mu's frightening expression, Yun Qiao'er looked eagerly and smiled sweetly. She began to daydream about her trip to Europe.
“Nonsense!”
"Hehe, I won't go, unless Your Majesty wants to go to Europe. We are going together!"
"Alright! Alright! Stop messing around. I'll leave Chang Ruoying's matter to you. Go now!"
"I obey your order! Hehehe..."
Wang Guichen was secretly delighted when he saw that Xiang Fei Niang was willing to personally take action. He knew that his future daughter-in-law's most admired idol was Xiang Fei Niang! If she took action, what could she not handle
Wang Guichen bowed quickly and said, "Thank you, Madam Xiang Fei, thank you, Madam Xiang Fei!"
"Duke Hua, don't be in a hurry to thank me. I went to persuade Miss Chang to flee to Europe. How boring would it be if she didn't flee?"
Wang Guichen's square face suddenly turned green again!
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ps: I bow to thank Haha Bear 1, Leo's Little Fat, Desert Bookworm, Dahe Dongchengdu, Light Breeze Bie Ye, Niu Tedi, chen880103, Qi Swallowed Everything, Refuse to Pretend, laolangd1, Eagle Knife★, Can't Understand Ski, ☆A Little Bookworm☆, Troublesome Bee Army, Intoxicated Dongfeng, Dream, .., Long 161231, Situ Pingyi, btsunday, 18905313009, Ahuigu, Autumn God Light, ccserty, Fei Yichu, premixer, pirate chief, it is easy to quit smoking but hard to stop reading, Yangshuo Yulong River, Xuanyu, little tiger in the devil world, good buddy in the battlefield, Nanmen Xiaocan, Taoist Zhihong, 13820299018, Yue Xiaoya is so cute, I dream of a strong country, Babajiejie, cloudless rain, Liu Xinshan, bored, .Blue creatures, Qian Shaodian, classmates cast precious monthly tickets or give rewards, thank you all!
Dear brothers and sisters, the end of the month is approaching, and the battle for monthly tickets has become fierce. Yesterday, everyone was very powerful, and we got back the seventh place in the category, but we only got two more votes, and others are about to surpass us again. Haoyuan is here, continuing to call for monthly tickets, begging for monthly tickets!
.(To be continued..)
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