The issuance of banknotes initially requires a deposit. But in essence, it is a credit currency.

In other words, in the future, it will be able to independently perform the main functions of currency without being based on any precious metal and having no redemption function.

Of course, it will take a long time to establish credibility in the hearts of the people and society.

"As long as you don't issue indiscriminately, there won't be any problems." Huang Li thought about it, and felt that it would be prudent first to let the government affairs office control the amount of money printing, and it would be better to have less money than too much.

To issue circulating banknotes, one is to recycle copper coins and cast weapons. China does not have much copper, so if banknotes can replace copper coins, it would be a huge achievement.

The second is to focus on the long term, which will be of great benefit to the country's financial operations and commercial circulation.

Chongzhen is so poor because his ancestors messed up the treasure banknotes and stinked the streets. Otherwise, if you can print money with paper, you still have to worry about having no money to build war and relieve the victims?

Huang Li started another business again and slowly built up the credibility of banknotes. Fortunately, the base area was not large and the population was not large, which provided him with a good experimental ground to practice his skills.

In fact, even if Huang Li did not make any changes, he could still pacify the world and govern the country. Just like the Manchu Qing Dynasty, wouldn't it last for hundreds of years and still have a prosperous era?

But as a time traveler, it seems that no one will stick to the old rules, knowing clearly that feudal society has fallen behind, looking at the abuses and bad habits, and remaining indifferent.

Just like fighting, the time traveler's persistent pursuit of advanced weapons has the same mentality.

Why not use it when there is a good one? Why give up the easy way for the hard one when there is an easy way to win? What else is there to plan when you can crush it with the superiority of weapons?

"It is not only necessary to revitalize China, but also to eliminate the long-standing shortcomings and let China stand on top of the world with a new look."

"Now that I have a blank piece of paper, I can calligraphy and painting as I please. Compared with tearing down and rebuilding under the rule of complicated interest groups, there will be less resistance and a greater possibility of success."

Huang Li sometimes stops writing and thinks deeply, sometimes writes quickly, his thoughts are flying, he thinks a lot, and thinks very far.

"Whether the Qing court is a paper tiger or not will be known within two or three years at most. From the time it moved to eastern Sichuan to the present, the Qing court's response, ability and efficiency in mobilizing troops and resources are truly unflattering."

When the Qing army destroyed the Yongli court, it was undoubtedly on the rise. But after reaching its peak, in just a few years, the rate of decline was astonishing. The fighting power of the Eight Banners can explain everything.

Huang Li's confidence is constantly increasing, and he has completely gotten rid of the panic six months ago.

From the attack on Huguang, to the annihilation of the forbidden Eight Banners, to even the ability to show off in Nanjing, everything proves his analysis and judgment.

"Perhaps Wu Sangui is not that powerful and can completely defeat him. Although fighting Wu Sangui to the death is not in line with the development strategy he has formulated. But sometimes, it is really not something that he can decide."

Huang Li stood up and walked to the window, looking at the comfortable yet easy-to-remember blue sky and white clouds, and slightly pursed his lips.

………………

Guo Yongdi.

After dusk, the Ming army and local soldiers took action. Several trenches were dug at an oblique angle and extended towards the Wu army's camp.

In addition to the trenches, earth bags are also constantly taking shape, dotted around, and advancing towards the enemy camp.

The two horizontal trenches became the defensive fortifications that the coalition forces could rely on. Tens of thousands of people gathered together to withstand possible counterattacks by the Wu army.

Since An Kun, Chagana and other Yi generals were worried about excessive casualties, Liu Xiang naturally provided a combat plan for attacking the Wu army, one of which was close-in operations.

In fact, although Wu Jun had a lot of artillery, after Liu Xiang's surprise attack and burning of the rocket launchers, he lost not only food and grass, but also a large amount of gunpowder supplies.

Coupled with the fierce bombardment during the breakout, the Wu army had very few gunpowder shells left.

From the gradual decrease in the number of Wu Jun's bombardments, Liu Xiang, Pi Xiong, and even An Ruding and others were able to tell.

"All preparations for the night battle have been made, and the general attack is expected to be launched at Yin time (three o'clock in the morning)."

Liu Xiang pointed at the Wu Jun camp in the distance and introduced An Kun and others, "Our army will use all weapons and ammunition without reservation, and will serve as the vanguard in attacking the camp."

An Kun bowed his head repeatedly. The Ming army had already accomplished this. Although the troops were not large, they tried their best, leaving him speechless.

"Destroying the Wu army in one battle, our army can fight against other enemies with all its strength." An Ruding stroked his beard, a light flashed in his eyes, and said in a deep voice: "The most worrying thing is Guizhou Admiral Li Benzhen."

Pixiong nodded and said: "Although I don't know where Li Benzhen's men are, it is even more worrying."

Now that it has been determined to launch a general offensive, the native soldiers are naturally the main force. In the frontal attack, the Ming army and the Yi general Awu Miaosha's 20,000 people are the vanguard, responsible for opening the breakthrough.

As long as the melee is in one place, the Wu army will be unable to exert its strengths, and the coalition's superior strength will be able to fully demonstrate its power.

The remaining three hundred or so rocket launcher shells will be fired without reservation, and all kinds of weapons will be launched. As long as this Wu army can be eliminated, Liu Xiang no longer considers the next battle.

"Wu Sangui is a guy that His Highness is very afraid of. If he can be killed here, wouldn't it relieve His Highness' worries? The main force in the campaign to suppress Shuixi has been destroyed, and Li Benzhen's troops cannot pose a fatal threat to Shuixi."

"It would be better if they could be captured alive, but there is no need to give such an order to the army, otherwise their hands will be tied up and they will not be able to fight to their heart's content."

Liu Xiang looked at the rising mounds of earth in front of him, the trenches extending forward, and the hastily built carts and wooden artillery carts, and his fighting spirit became even more urgent.

Inside Wu Junying, Wu Sangui and others are paying attention to the enemy's actions outside.

Originally, when Wu Sangui first invaded Guoyongdi, he hoped that the Shuixi Army would abandon the danger and come to counterattack and recapture it. Wu's army would then be able to take advantage of its firepower and equipment and deal a heavy blow to the Shuixi Army.

But the siege by Shuixi Army was beyond Wu Sangui's expectation. The heavier blow came from the enemy's fire attack.

The grain and grass supplies were burned, so Wu Jun could only make a desperate move and attack continuously, hoping to break the enemy's siege.

Under the enemy's stubborn resistance, Wu's army suffered heavy casualties. In order to retain the strength to protect himself, Wu Sangui had to stop the attack and wait for reinforcements.

From originally hoping that the enemy would attack, to now fearing the enemy's general attack, this is not only a psychological change, but also an adjustment based on the actual situation.

"The enemy is digging trenches and is approaching. It is clear that they are going to launch an attack and are not preparing to besieged for a long time." Ma Bao looked solemn and said slowly: "Your Majesty, I am willing to lead the army to fight and crush the enemy's attempt."

Wu Sangui did not agree immediately, but narrowed his eyes slightly and thought about countermeasures quickly.

If there is enough food and ammunition, he can only use artillery bombardment to stop the enemy's advance.

But now, ammunition must be used sparingly. Moreover, if the enemy digs trenches and piles of earth, the effectiveness of artillery will be greatly reduced, and the effect may not be achieved.

After thinking for a long time, Wu Sangui looked at the sky and ordered Ma Bao to lead two thousand troops to fight.

The enemy chose the time very carefully, and it would be dark before he saw it. Wu Jun was not good at night fighting. If the enemy and we started a melee, the side with more people would have the advantage.

Ma Bao took the order, led two thousand troops out of the camp, and attacked them fiercely.

Not to be outdone, the coalition forces sent out a signal to order the trench diggers to return, while dispatching 4,000 troops to meet the Wu army.

The native soldiers set up a large shield and crossbow formation, and Liu Xiang also sent out troops, carrying hundreds of rifles and hundreds of blunderbuss, and lined up on the flanks of the native soldiers' formation, a few dozen meters behind.

Thanks to the captured armor, the Ming army had 400 heavily armored spearmen in front, with densely packed spear points pointing forward, which was intimidating.

Liu Xiang learned this from Li Yue. He saw the daily training of the Musket Battalion and Huang Li's advice and suggestions, and kept them in mind.

Similarly, after continuous battles, the weapons and equipment of the native soldiers have also been enhanced. With thousands of armored soldiers, they can barely compete with the Wu army head-on.

There are shields and spears in the front, and crossbows in the back, which can shoot from a distance and fight at close range.

The cry of killing rang out, followed by the roar of guns being raised. Five teams took turns firing, taking advantage of their long range, as if they never stopped, firing heavy and powerful lead bullets at Wu Jun.

First, arrows flew across. This was a long-range strike for both sides. Wu Jun also had some muskets, but the rate of fire was too slow, and Ma Bao didn't like it.

But Ma Bao was very afraid of the Ming army's large fire cannons. They were too powerful and had a long range, and the armor was almost unable to defend them.

Therefore, he led his troops to the other side, trying to avoid the Ming army's attack and attack the native soldiers' battle formation.

However, after Liu Xiang's teaching and simple training, the battle formation of the native soldiers was not that easy to fight. The spears were in front, and the crossbow archers took turns firing. The continuous rain of arrows caused great obstacles to the Wu army's progress.

Both the enemy and ourselves are bleeding and suffering casualties every moment. Although the price paid by the native soldiers is higher than that of Wu Jun, such consumption is no longer something Wu Jun can bear.

The Ming army's battle formation advanced and deflected, firing rows of bullets towards the Wu army's flanks, causing greater casualties to the Wu army.

When the soldiers of the Wu army who approached the native soldiers' battle formation were hit head-on by fierce spear darts and face-shaking bombardments from wooden cannons, Ma Bao had no choice but to lead his troops back.

I can’t afford to be hurt, I can’t afford to be hurt!

Ma Bao was shocked by the speed at which the two thousand men and horses were reduced. Although the casualties of the native soldiers were not small, it was no longer the time for Wu's army to waste its strength.

When the artillery was launched from the camp and slowly moved towards the battlefield, the native soldiers retreated, while the Ming army moved behind to cover, and the two sides broke away from the battle in a tacit understanding.

It was a draw, but it finally prevented the enemy from digging trenches. With a heavy heart, Ma Bao withdrew his troops and returned to camp in the darkening sky.

As soon as the Wu army withdrew, more troops were deployed here to dig trenches, and they stubbornly and tenaciously advanced towards the Wu army camp from several directions.

After receiving the report, Wu Sangui stroked his forehead, feeling very distressed.
Chapter completed!