My life skills in Daming Liver - Chapter 641

c631 Learn from history

The Ming court’s currency reform has fallen into trouble, and Li Rubai’s currency reform can be said to have completely failed.

Wang Shizhen was walking on the road. Tianjin, as the closest city to the capital, had become the most important barrier for the Ming court in the capital since the battle of Dagukou.

Garrison and trading markets all brought a large population, and these populations brought prosperity to Tianjin, making Tianjin the most prosperous city in Beizhili after the capital.

It can be said that everything that happens in the capital will affect Tianjin.

Nowadays, in the Tianjin market, merchants have completely given up on the Ming court’s silver coins when conducting large transactions, and instead completely use the southeastern silver coins for settlement.

When Li Rubai first started to promote Ming Ting’s new coins, businessmen still had some illusions about Ming Ting’s new policies. The new coins issued at that time could still circulate in the market.

But now businessmen have completely refused to use Mingting’s new coins for transactions. In retail transactions with ordinary people, the prices of Mingting’s new coins have also risen three times a day.

Sometimes a product that requires one silver dollar in the morning will cost two silver dollars in the evening.

And now in Tianjin City, in addition to the distribution of material rations to the new army stationed in Tianjin, all levels of Tianjin’s yamen and city defense yamen are settled with the new silver coins of the Ming Dynasty.

In addition, the workshops set up by the Ming Dynasty in Dagu also used new silver coins to pay wages.

After these people receive their wages, they will immediately spend the Singapore dollars in the market and exchange them for goods to hoard.

The result is that the new dollars issued by Mingting were used up as soon as they were issued, and more and more new dollars circulated in the market.

Su Ze pointed out a formula in his book “On Finance” long ago, that is – the value of currency is only related to the currency circulating in the market.

Currencies that do not circulate in the market have no value. For example, the Han Dynasty valued generous burials and liked to bury gold coins in tombs, so a large amount of gold was stored. A lot of gold was mined in the Han Dynasty, and none of the gold coins minted were circulated. The value is getting higher and higher.

Therefore, the total amount of currency has nothing to do with the value of currency. The amount of currency circulating in the market is an important factor in determining the value of currency.

In fact, there were not many new silver coins minted by the Ming Dynasty, but these new silver coins circulated rapidly in the market every day, so the value of these new silver coins also depreciated rapidly, which made people even more afraid to keep the new coins in their hands. , leading to greater inflation.

Wang Shizhen walked into Zhang Juzheng’s home, where Zhang Juzheng was reading the book “Physics” with great interest.

“Uncle!”

Wang Shizhen walked into the study and placed the pastries she bought on the table.

Nowadays, more and more people are pouring into the entire Dagu area, and the local self-governing community has no choice but to restrict the entry of people. Wang Shizhen, as a local celebrity and a member of the community self-governing association, has just attended a community self-governing meeting.

There are now ten community self-governing associations in Dagu community. These ten community self-governing associations jointly discuss policies, pay wages to team training, and maintain local security.

After Wang Shizhen moved to Dagu, he was elected as a member of the community self-government association. In the past few days, he has been called to meetings to discuss how to deal with the influx of refugees in Dagu.

The Dagu Community Self-Government Association is also in a quarrel. Most of the people who have lived in the Dagu community for a long time are unwilling to see the influx of these refugees.

On the one hand, it will cause greater security problems, on the other hand, it will also rob local jobs and affect the livelihood of people who already live in Dagu.

But on the other hand, the Dagu community is a middle zone between Mingting and Southeast, and it is also a special zone.

The special thing is that this is a window, market and buffer zone, which also determines that the Dagu community can only have police or group training to maintain public security, but it cannot have more powerful armed forces.

Neither the Ming Dynasty nor the Southeast would allow the Dagu community to have armed forces. The current state has reached the limit of development.

As for the current scale, relying on the mercenaries and police in the Dagu community is simply unable to maintain law and order in the Dagu community, nor can it prevent more refugees from escaping into the Dagu community.

Such a blockade cannot be carried out at all, and the blockade itself becomes meaningless.

The second is of course public opinion.

The Dagu community also has its own newspaper, and many people sympathize with the refugees from the Ming Dynasty. Some people organize soup kitchens in the community to help these refugees.

Wang Shizhen also feels a headache. This is almost an unsolvable problem. This kind of thing will only disappear after Southeast Asia unifies the whole country.

But at this time, will there be people from Annan or Southeast Asia, or Koreans from Japan, who will find a way to cross the border and enter the country?

Wang Shizhen also felt that the issues he was thinking about were too far back. He approached Zhang Juzheng to ask about the Ming court’s currency reform.

Lu Tianshou from the Capital Intelligence Station sent news to Wang Shizhen, hoping that Wang Shizhen could predict the financial problems of the Ming court and write a report to submit to the governor’s office.

Wang Shizhen didn’t understand finance at all, so she had no choice but to ask Zhang Juzheng for advice.

Zhang Juzheng said calmly:

“Isn’t it natural that the Ming Dynasty’s currency reform failed?”

“Actually, this kind of thing has happened in all dynasties. The one most similar to the current situation in the Ming Dynasty is when Emperor Wu of Liang cast iron coins.”

Wang Shizhen was a literary sect of the generation. He was extremely talented in literature, but his level of officialdom was very average, not at all comparable to that of his father and younger brother.

Wang Shizhen’s father was once a high official in the Ming Dynasty, and he himself was a concubine. Wang Shizhen’s career as an official should have been smooth.

But his political ability is indeed average, and his reputation in literature outweighs his reputation in officialdom.

Being an official is the simplest thing in the world, but it is also the most difficult thing.

Ordinary officials who can stick to the rules and suppress their desires are considered very good officials. Even in this period of fast development, ordinary people can live a good life without doing anything.

But being an official is also the most difficult thing. How to balance various interest groups, promote reforms, and implement reform measures is very difficult.

In the history before Su Ze’s time travel, Zhang Juzheng was able to carry out reforms in the middle and late Ming Dynasty. This was already a very remarkable political talent.

Even if later generations criticize Zhang Juzheng, the Ming Dynasty’s paper maker, for changing the law to treat the symptoms but not the root cause, he is still far superior to many politicians in history.

As for political science, the biggest problem is the lack of research samples. It is difficult to accumulate experience in this stuff!

The only way is to use history to find similar cases in history and figure out the effects of policies. This is the so-called learning from history.