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Chapter 15 Currency Wars (1)

Because of the big suspense buried by Lin Feng, Li Jing also lost interest in the visit arrangements later, and urged Lin Feng to lead the way back to the governor's mansion and set off early tomorrow morning to return to the capital.

Lin Feng knew that the following few hours would be the most important moment that would affect the future of the Tang Dynasty and even the Chinese nation. As soon as he returned to his residence, he ordered Feng Jingyun. Xi Mucheng immediately cleared the governor's office and carried out martial law at the highest standard. No one was allowed to enter and exit unless he was ordered by himself. Those who trespassed would be killed.

Lin Feng led Li Jing and Li Jingda into a quiet room. As soon as he finished making tea, he saw Xi Mucheng rushing to arrive, quickly went over and answered a letter, and then gently closed the door of the quiet room tightly.

Lin Feng placed the letter on the desk, sat down calmly in front of the two bigwigs of the Li family, and said with a smile: "I would like to ask King E, and I have an impression of the food wars recorded in the history books."

Li Jingda glanced at the letter on the table and replied in surprise: "There are two in my impressions, both during the Spring and Autumn Period and the Warring States Period. One was that King Goujian of Yue presented cooked and dried grain seeds to Wu, resulting in the grain pellets in Wu the following year and it was easy to go down; the other was that the king of Qi easily recovered several neighboring countries through his exquisite strategy of dressing and planting mulberry trees."

The two examples given by Li Jingda are both very famous in history. However, it may be because Xi Shi and Fan Li are too famous that the details of the Wu and Yue battle for hegemony are well known, but the excellent examples of Qi's successful use of food wars are not widely shared.

According to historical records, the King of Qi ordered all ministers to wear silk clothes, but only food is allowed to grow but not mulberry trees. Naturally, as a big country, Qi State, demand for silk is growing rapidly, and prices soared. Nearby small countries such as Lu and Liang stopped growing grain and changed to mulberry trees. After a few years, the policy of the King of Qi changed again, requiring all ministers to wear only common clothes and not sell grain to other small countries. As a result, small countries such as Lu and Liang were in chaos due to famine and died without fighting. The fishermen of Qi State benefited and enjoyed their achievements. They successfully annexed these small countries and expanded their territory.

Lin Feng nodded repeatedly and expressed his opinion: "These two examples are famous in history who defeated others without fighting, but in comparison, the practice of Yue State was obviously unethical and untrustworthy, and it was easy to push the subjects of Wu State to the enemy, laying the hidden danger of rebellion and disintegration in the future; while the practice of Qi State was obviously more hidden and more effective.

But from another perspective, this kind of food war is just a small path. It is acceptable to deal with small countries, but it is difficult to succeed against big countries. My idea is to truly achieve a country without fighting without fighting."

Li Jing and Li Jingda looked at each other, with a slight head on their heads, and their interest increased greatly.

History also verified Lin Feng's statement to a certain extent. Qi, which won with great skills, became one of the seven heroes of the Warring States Period in the future, and Yue, which won with insidiousness, was destroyed by Chu shortly after defeating Wu.

According to historical records, "The King of Yue Wujie attacked Qi. The King of Qi sent people to say that it was better to attack Qi than to attack Chu. King of Yue then attacked Chu. The Chu people defeated it and took advantage of the victory to take all the land of Wu. When they reached Zhejiang in the east, Yue scattered them. The tribes fought for the establishment, either as kings or kings, on the sea, and the court subdued Chu." In other words, after Yue destroyed Wu, they were not long after they were defeated by Qi in foreign wars, and they were easily defeated by King Wei of Chu. King Wujie was killed. The land from Yue Kingdom to Zhejiang was captured. Yue Kingdom fell apart. The children of various races began to fight against each other. Some of them became kings, and some of them called kings, but they could only live in the coastal areas of the southern Yangtze River and pay close attention to the tribute to the Chu State.

Lin Feng reached out to open the letter, took out three pieces of printed paper as big as a palm, placed it on the table in order, spread his hands and introduced: "Weichen believes that the real road to hegemony in the future of the Tang Dynasty will be on these three pieces of paper."

Li Jing and Li Jingda were successfully curious by Lin Feng, so they came over and reached out to pick up three prints to take a closer look.

The first print is very similar to the flying money tickets on the world at this time. There is only one side of it printed, with two lines of words simply printed on it, "This ticket is evidence of the mortgage of ××× value of ××× property, and it can be used to offset the same value of money." There are seals and signatures on it.

The second picture still has only one side printed with something, but the text and patterns on it are much more complicated, including the words "Shouzhou Bank" and the patterns of the Huaihe River. The words "Five Thousand Tanks" are written in the center and corner of the picture.

The third picture is already very similar to the coins of later generations. One side is similar to the second picture, but the number above is only "five silos"; the back is a simple painting, the background is very similar to the outline picture of the Southern Tang Dynasty, and in the middle is a person's avatar, with only a few strokes, but it still looks energetic.

Li Jingda had sharp eyes and reacted immediately, pointing at the avatar and said strangely: "This is the portrait of the emperor."

"Yes, that's right." Lin Feng said with a smile, pointing to three printed items in turn and said, "The first one is the current flying money, pledged pawnshops and other mortgage notes, which can only be regarded as the most primitive paper notes of currency nature; the second one will be the deposit certificate that our Shouzhou Bank or Xinsheng Bank prepares to adopt; the third one is the real currency style in the future."

"Currency." Li Jing asked in confusion.

"Yes, this kind of banknote will be used instead of money in the future, so it should be a kind of currency. As for the specific name, I will ask the emperor to give a name in the future. In our daily life, whether it is gold, silver, cloth, copper, iron and gold coins, it is either inconvenient to carry or physically cast, and there are various costs that cannot be ignored. If we can use such banknotes instead of popular copper coins, it will not only be convenient to carry, but also open a bright and smooth road for our Tang Dynasty to dominate the world in the future, that is, the currency war."

"Wait, it's so good. Don't talk so far. Let's start from the beginning. It's not reliable to print such banknotes first. Besides, why do you make others believe in this banknote and recognize this banknote?" Li Jingda immediately interrupted and asked.

Lin Feng looked at Li Jing who was silent and said with a smile: "Okay, let's talk about it one by one, first of all, let's talk about banknote printing. Our Shouzhou has invented a new printing method. The "Shouzhou Business Daily" printed by this method has begun to spread throughout the Tang Dynasty. Using this method, coupled with special ink, printed with meaningful and complex patterns on special papers, you can print banknotes that no one can imitate."

"Okay, the printing problem has been solved, but the most difficult thing is still to come. How to make this kind of banknote use throughout the Tang Dynasty, or even the whole world." Li Jingdawen was stunned and immediately asked with some dissatisfaction.

"The King of E is very suspicious, please listen to the details of the merits." Lin Feng said slowly, "After all, it is the credit issue of this kind of banknotes. The most important first step is that I suggest linking the issuance of banknotes with gold and silver, setting the exchange ratio between them, issuing as much as the gold and silver, and then storing the gold and silver in the national treasury, so that the banknotes will first be parallel with copper coins, and finally circulating them all over the world." Lin Feng smiled, "In other words, real gold and silver will become the anchor of our first issuance of banknotes to prevent the excessive issuance of paper money and the loss of everyone's trust."

Li Jingda stopped asking questions and began to ponder like Li Jing.

"Please don't underestimate the small change in coins from minting to printing. The benefits contained in them are huge. Coins require no less than one pound of copper. Copper consumes resources, manpower, material resources, financial resources, etc. from mining to transportation to minting to minting. The cost of printing such a banknote may be only three to five cents, and its face value can be set as coin, or even five cents or ten cents, which can be exchanged for us for the corresponding real money. The gap between this minting, printing cost and coin value can be called seigniorage. If all the money in the world is replaced by the banknotes we printed, seigniorage alone is a huge benefit like the sea." Lin Feng threw out a particularly fresh concept and lured these two big guys with the sharp interests of coin unique to coin itself.

The printing of paper money alone can bring endless benefits back. The two bigwigs suddenly understood what Lin Feng meant, and their eyes lit up.
Chapter completed!
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