Zhu Yuanzhang: I forbid the sea, you become the sea where the sun never sets
78 The Establishment of a Money System

Divine Bea

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With the Ministry of Revenue and the addition of the top talents of this era.

The coining of the currency became exceptionally smooth.

"Understood. Gold coins use silver as the base color and gold as the cover color. Silver coins use silver as the base color and copper as the edge.”

After speaking, Zhu Bai began to discuss with Xia Yuanji and the people from the Ministry of Works.

A few days later, a complete new system was formed.

They were gold coins, silver coins, and copper coins.

These three kinds of currency would replace the original Great Ming Treasure Notes.

In the process of redefinition.

Gold coins were made up of 65% gold, 30% silver, and the remaining 5% iron, copper, and tin.

Silver coins were made of 65% silver, 30% copper, and 5% iron and tin.

Copper coins were made of 64% copper, 24% iron, and finally tin.

Gold coins, silver coins, copper coins.

One gold coin was equal to ten silver coins, one silver coin was equal to ten copper coins, and one copper coin was equal to a hundred wen.

In this case, it was equivalent to one yuan, ten yuan, a thousand yuan, and ten thousand yuan.

Although it could be predicted that the range of use of gold coins would not be very large.

However, it was enough to be a reward from the princes and ministers, as well as a transaction of large quantities of goods.

As for silver and copper coins, they were considered normal transactions.

It could be said that compared to the original system, the entire money system could be said to have been completely perfected.

Although it was different from the one yuan, five yuan, ten yuan, and a hundred yuan in his previous life.

However, this was not his previous life.

One yuan and ten yuan were the main ones, and a hundred yuan was very little.

On the contrary, 1,000 and 10,000 yuan were enough to support the nobles and the rich.

It could be said that it was just right.

Next, he only needed to create a large number of silver coins and copper coins.

This was not a problem.

One had to know that the Ishigami Silver Mountain had the most silver and copper mines, and Luzon's gold mines also had a large amount of copper.

Forget about satisfying Da Ming, even satisfying Zhu Bai was enough.

Therefore, the Ministry of Works only needed to continue mass production.

As for the rest, they didn't need to consider it.

A month's time passed quickly in his busy schedule.

During this one month.

With Zhu Bai's future knowledge, coupled with the awesome craftsmen of this era.

Not only were gold and silver coins created, but they also had powerful anti-counterfeit labels.

Continuous gear technology.

Water resources pressed the bed, and the currency was formed as one.

Looking at the three coins in his hand, Zhu Bai's expression could not help but carry a look of satisfaction.

Their gazes converged.

The gold coin was probably slightly bigger than a coin in the future.

On the front was a portrait of Fuxi, and on the back was the Great Wall.

His entire body was emitting a dazzling golden light under the sunlight.

On the silver coin, there was a portrait of Shennong on the front and a picture of rice on the back.

On the front of the copper coin was a portrait of the Yellow Emperor, and on the back was a sword.

The three types of coins were extremely exquisite. Just looking at them made people want to collect them.

Especially the gold coin. The golden light it emitted was so alluring, and it was also so tempting.

As for the portrait on it, Zhu Bai had originally planned to use Old Zhu's, but after thinking about it, he decided against it. On one hand, he would need to use it in the future, and on the other hand, his father was not dead yet. If he painted the portrait on it, he would definitely not be able to bear the consequences.

It was just right to use the portraits of the three emperors.

He took the three silver coins and examined them carefully.

After confirming that there was nothing wrong.

Zhu Baicai brought the coin into the palace.

In the study room.

Old Zhu took the coin from Zhu Bai.

"Not bad, not bad!"

"Haha, not bad!"

Mr. Zhu said happily as he touched the three coins. At this moment, he felt more and more fond of them.

He even felt like he couldn't put it down.

A moment later, Old Zhu seemed to have thought of something.

He couldn't help but ask in confusion.

"Twelve, you said that bad money drives out good money, but these gold coins, silver coins, and even copper coins are so good. I'm afraid that the people will fight to buy them.”

He looked puzzled.

Old Zhu's memory was amazing. The things they had talked about back then were undoubtedly recalled again at this moment.

"Don't worry, Imperial Father. These gold and silver coins, including copper coins, are not worth this price. Your son mixed 30% silver into the gold coins, 30% copper into the silver coins, and the same goes for copper coins.”

Zhu Bai said with a smile.

The problem that he had mentioned before was taken into consideration by the party emblem.

Moreover, as a currency, one had to consider that the Chinese liked to bury gold, silver, and even precious items.

This was also the main reason why there was still a lack of currency in the market despite the continuous circulation of currency throughout the generations.

Amongst them, the Darkhan Dynasty was the most exaggerated, with more than half of their wealth buried in the ground.

As a result, Cao Cao had created a gold-looting officer.

Now that the gold and silver coins were so beautiful, they would definitely be buried.

However, this was not the same for the current him.

Different from the previous generations, he could continuously transport gold, silver, and even copper back to the Ming Dynasty from overseas.

In this way, he could produce as many as he wanted.

On the contrary, these people's actions were enough to curb the rate of inflation, just like how he saved money in the bank in his previous life.

"Furthermore, Imperial Father, your son has also thought of a way. That is to establish my Daming Bank for the people to store. If the people are willing to store money into my Daming Bank, they can give a certain amount of interest.”

He spoke again. The content that Zhu Bai said at this moment was enough to make the transmigrator somewhat dumbfounded.

Because this was a banking system.

Of course, in this era, it was not something rare.

The matter of money houses had existed in the past.

The Great Song had also reached a peak.

The only difference was that the money banks now deducted money from their deposits. It was basically impossible to give money.

Therefore, most people were willing to store their money in cellars instead of banks.

However, if they could pay enough interest and guarantee absolute safety, anyone would be willing to save money and enter the bank.

Zhu Bai was prepared to make a precedent.

As for whether this would cause a complete change in the history of the Ming Dynasty.

He didn't even consider it.

After all, the current history of the Ming Dynasty was already beyond recognition. There was no need to be afraid of any major changes.

"Money house, interest?"

Old Zhu was a little dumbfounded and could not react for a moment.

"Yes, if we don't want the commoners to bury money on a large scale, the best way is to let the commoners deposit their money into our Great Ming's national treasury.”

Zhu Bai said with certainty.

"Your Majesty, I think this method is feasible!”

"Your Highness King Nan's strategy is probably enough to make my Ming Dynasty rich.”

Xia Yuanji spoke with certainty as he recalled the conversation he had with Zhu Bai over the past few days. Xia Yuanji felt that the Southern King in front of him was simply a celestial being.

There was almost nothing that the other party did not know.

Just the matter of the money house alone had opened up Xia Yuanji's mind completely.

This was because the money house described by King Nan was completely different from the money house in his understanding.

The benefits that can be brought to Da Ming are almost beyond imagination.

"Oh, Xia Yuanji, you think so too?”

Old Zhu was a little surprised. He couldn't help but glance at Xia Yuanji and ask in surprise,"

"Imperial Father, this is the strategy that I have discussed with Lord Xia and the officials of the Ministry of Revenue. Your Majesty can take a look!”

As if understanding his father's doubts, he took out a memorial and handed it over.

The old eunuch quickly stepped forward, took the memorial, and handed it to Old Zhu.

Old Zhu opened the memorial.

She started to read it curiously.

And this time.

At first, he was at a loss and puzzled, because he seemed to recognize all the words on it, but when he put them together, he felt that they were completely unfamiliar.

Old Zhu's pupils constricted when he saw the last part.

"You are saying that this money house can bring tens of millions of income to my Great Ming?”

Old Zhu said in disbelief.

His gaze was a little uncertain.

He didn't understand the rest, but he understood the income at the end.

His eyes were filled with disbelief.

"Of course!"

"This is only the initial stage!"

"If it's perfected, it's not impossible!”

Zhu Bai nodded, his words filled with confidence.

What a joke. This was a bank. Since ancient times, there had been no reason for banks not to rob money.

As for someone who said that he was weak at the meeting.

He was just smiling.

Moreover, as a bank in the feudal era, the value it could generate would only be higher.

As for why he worked so hard, it was for Da Ming.

The reason was also very simple. On the one hand, it was to perfect Da Ming's system. Even if he wanted to break away, he hoped to help Da Ming. On the other hand, it was of course to give himself a trial and error.

In the future, he would definitely develop the financial system.

He didn't have as many top talents as Big Ming.

Now, it was perfected in Da Ming.

It would definitely be much easier to start under his rule.

Even if there was a mistake, Da Ming's fault tolerance rate was undoubtedly much higher, and he could constantly correct it.

This way, not only would he have experience, but it would also be much easier to poach people from Big Ming.

Anyway, he had nothing to do recently.

He only needed to wait for the wedding to be over.

It was better to use Big Ming to try the establishment of the monetary system and the banking system.

This was undoubtedly the best choice.

This book is provided by FunNovel Novel Book | Fan Fiction Novel [Beautiful Free Novel Book]

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