Small means can indeed last for a period of time, but real strength can determine everything. Zhang Jian’s so-called official is not printed and became an empty talk. When the storm of the official in the capital robbery passed, the Liao Dynasty understood a truth.

Faith is the ultimate guarantee for the officials. As long as the people's confidence is satisfied, no problem will occur if the number of officials printed on them is added. This is obviously a stupid paradox of self-deception.

But everything in front of us is really "convincing". The Liao Dynasty did not fill this hole. When the people believed that money houses always had money to exchange, when the people believed that the reason why there was not enough gold and silver to exchange was just because it had not been shipped yet, many people began to use official positions, and some people began to exchange gold and silver as official positions again.

So the Liao Dynasty returned to its former peace again, and the official even reached its best state when it was just released. The official was equal to the official, the official was equal to the official, the one or two silver taels, and the one thousand cents...

This country with an immature economy actually showed that the price of banknotes dominated by credit rather than gold and silver reserves. When Zhao Zhen saw the secret report from the Liao Dynasty, he was shocked to spew out the tea in his mouth.

What an arrogant move! Even after countless generations of exploration in later generations, they dared to take credit currency as the mainstay. For this reason, the Liao Dynasty even issued a special law to stipulate that the market can only trade with officials, and if they want to exchange gold and silver, they can only go to the imperial court's money shop!

In other words, on the market, these officials are completely decoupled from precious metals and no longer directly represent any precious metals. They can only use these officials to exchange gold and silver at the imperial court's money shop.

This was something that the Song Dynasty did not dare to do, but was first applied to the economy by the Liao Dynasty. Zhao Zhen was a little dazed. The backward Liao Dynasty actually surpassed the Song Dynasty and completed the transformation from gold and silver standard currency to credit currency in one fell swoop.

Zhao Zhen did not lament the advanced ideas of the Liao Dynasty, but lament the stupidity of the Liao Dynasty officials and even the emperor Yelu Hongji. He dared to play with credit currency without sufficient gold and silver reserves, which was simply seeking death!

Even with the current gold and silver reserves of the Song Dynasty, Zhao Zhen did not dare to touch the slightest amount of money drinking, because he knew that if he was not careful, it would be a disaster. In the future, countries with the largest gold reserves in the world would experience financial crises.

He casually put the secret report on the palace candle and burned it. Zhao Zhen fell into deep thought. Since the Liao people had begun to transform their officials into credit currency, should he add some money?

There are also a large number of imitated Liao officials in the Gewu Academy. If these officials were placed in the Liao Dynasty's market, these officials would have become "bombs" that detonated the Liao Dynasty...

But Zhao Zhen felt that he had no need to do this. With the withdrawal of merchants from the Song Dynasty and the construction of the long-lasting Great Wall, the officials of the Liao Dynasty could only be circulated in the Liao Dynasty, but the Song Dynasty did not recognize its status at all, so this would not affect the Song Dynasty.

The biggest flaw of credit currency is that the government can print uncontrollably. It has appeared in the history of China. This is how the treasure money of the Ming Dynasty embarked on a path of destruction.

Even if the value of paper money is stipulated in the legal situation, if the control is not paid attention to, once it is distributed indiscriminately, disasters will occur. This is the case with the Ming Dynasty court. The old paper money on the market is not reclaimed and destroyed, and the large number of treasure money will continue to be discovered, which eventually led to the value of treasure money changing from the original total of 900 documents to waste paper.

The depreciation speed is astonishing!

The same is true in the Liao Dynasty now. Even if the printing is exquisite, what is the use? Even if the official name is changed to Jiaochao? Jiaochao, which has no gold and silver as reserves, is about to collapse!

Zhao Zhen smiled and ignored this matter. The Song Dynasty now has no need to interfere with it. The Liao Dynasty's own economic system will soon collapse, and the Song Dynasty is about to use troops to the Jurchens...

For Zhao Zhen, the Jurchens were like a certain bomb entrenched in the east of the Liao Dynasty. The Liao people themselves felt that there was no problem, but once a war broke out between the Song and Liao dynasties, the Jurchens would never stand by and watch, and they would inevitably rebel and break away from the control of the Liao people and go to the dynasty.

This is a very terrible thing. This is the case with the Dajin in history. The Jurchens were originally subordinates of the Liao Dynasty. After the Wanyan tribe unified the Jurchen tribes, they raised an army to fight against the Liao Dynasty and reached an agreement with the Song Dynasty.

But the result later was to push the Song Dynasty to destruction again. History proved that this was to resist tigers at the front door and wolves at the back door. Now the Song Dynasty and the Jurchens have reached trade. Although there are no important strategic resources to transport them to the Jurchens, sufficient food can make the Jurchens stronger.

The Chen grain of the Song Dynasty had a new sales channel, and the price doubled after it was transported to the Jurchens. The Wanyan tribe purchased a large amount of grain. Because it was located in the north, the cold weather allowed these grains to be preserved for a period of time, but it was not long after all, so the Wanyan tribe could only use these grains to win over small tribes as quickly as possible.

The Song Dynasty had built cities on the edge of the east coast of the Jurchens for several times. Although the scale was not large, they were all barriers to the city!

In addition, the city was built in the shape of a font, so that the side could station troops to the greatest extent and ensure the safety of the city. The Song Dynasty's court was firmly protected in the middle of the three cities.

Zhao Zhen had already issued an order to dispatch the navy and draw elite troops from the imperial guards. The two armies of Tabai and Beiwei were naturally not spared. They formed a new army of 200,000 people to go to the transit station of Japan in three years. During their stay in Japan, they cleaned up the armed clans of Japan, in name only to help the Queen of Japan clean up the rebellion and unify Japan. In fact, they were promoting the existence of the Song Dynasty and training soldiers to sharpen their knives...

The opening of the Haidong Protectorate of the Song Dynasty was not useless. It was the purpose of making the Japanese feel the pressure of the Song Dynasty with pain.

Two hundred thousand people were enough to deal with the Jurchens. Although there were not a few Jurchens, they often settled in tribal ways. Zhao Zhen’s direction of using troops was not the mature Jurchens controlled by the Liao people, but the birth of Jurchens in the north.

This avoided the conflict between the Song and Liao tribe to the greatest extent. Of course, it would be impossible for the Liao tribe to attack the Jurchens in the back garden of the Liao people. However, Zhao Zhen had already made a good solution. If the Liao people planned to assist the Wanyan tribe, the Song Dynasty would assemble heavy troops on the edge of the Great Wall of Beiping Prefecture...

This is a strategic blackmail against the Liao people, which made the Liao people mistakenly believe that the Song Dynasty was going to carry out a northern expedition, so they turned their attention to the Zhongjing Road rather than the Jurchens who had nothing to do with them.

Wanyan Wugunai has a nickname... Hu Lai. He was young and energetic, and used this Hu Lai spirit to use the food and exquisite porcelain of the Song Dynasty to buy small tribes and conquered Baishan. Ye Hui, Tongmen, Ye Lai, and the five divisions of the earthly bones.

This made the Wanyan tribe the most powerful existence among the Jurchen tribes in one fell swoop. Zhao Zhen felt that the Jurchens were enough now and could not let him develop. The Liao Dynasty should have discovered this problem, so it began to increase its troops in Liaoyang Prefecture, Tokyo, and recruited mature Jurchens to be armed to guard against the rise of the Wanyan tribe.

Although Wanyan Wugu was the "loyal dog" of the Emperor of Liao, no one can guarantee that he would not retaliate against his master. The Song Dynasty sent troops at this time when the Liao people and Wanyan tribe were dirty...
Chapter completed!