After a conversation, Zhao Bing figured out the currency system, banknotes and circulation of the Yuan Dynasty, and finally got a little clue. Although he didn't know much about the economy, he felt that Kublai Khan was just joking about the country's economy, and the loopholes were bigger than the Qiongzhou Strait. This was in ancient times, if it were in modern times, the country would go bankrupt in minutes.

According to Zhuang Shilin's introduction, the Zhongtong Banknotes in the Yuan Dynasty are now open to the time limit and circulation area, and are now being implemented in Jiangnan to realize national currency integration. However, he adopted the acceptance rate of north and south, which is a big problem. As for the custom, one tael of gold is equal to ten taels of silver, and according to the banknote method, one tael of gold can be exchanged for thirty-three jin of copper coins in Jiangnan; but one tael of gold can be exchanged for 20 jin of silver in Jiangnan, and after returning to Jiangnan, it can be exchanged for 66 jin of copper coins. The price of gold has doubled as soon as it comes.

For the newly established quasi-currency warehouse in the south of the Yuan Dynasty, if one or two taels of silver were bought, one or two taels of silver could only be paid to the banknotes according to the provisions of the Zhongtong Banknote Law. However, for the Song people who held silver, the value of the banknotes with a denomination of two taels of silver could not exceed two taels of copper coins. According to the traditional price comparison of one tael of silver to three thousand three hundred coins, one or two taels of silver should be paid to at least three taels of silver. Combined with the price comparison of Zhongtong Banknotes stipulated by the Yuan Dynasty government, if the price comparison of 3,300 coins to one tael of silver was changed to silver, the price comparison of 3,300 coins to one tael of silver, then the copper coins could also be exchanged to 0.6 taels of silver, which is at least equivalent to the 200 coins of Zhongtong Banknotes. Therefore, when the Song people used money to exchange Zhongtong Banknotes for money, the copper coins were too depreciated.

Compared with the two, the trading price of silver bills that the Yuan court had been in the long-standing manner seemed unfair to the Song people. The Song people who held copper coins certainly did not want to exchange money directly, but rather used money to exchange silver, rushing to hold on, using silver guaranteed by their own metal value, and even would rather use silver to exchange money than use silver to exchange money. The newly established quasi-deposit warehouse of the Yuan court naturally founded it difficult to collect the expected silver. On the contrary, the black market for exchange silver would be very prosperous, and there would be no need to worry about not being able to exchange silver.

It is precisely because of the banknote method that the gold-silver ratio between the north and the south is huge, and the space for making banknotes in the sky is huge. As long as the gold from Jiangnan is turned over to Jiangbei and exchanged for silver and returned to Jiangnan, the value will be several times higher. However, Jiangbei has a stable currency value and stable prices and low prices. However, Jiangnan Huizi's stock is huge, and the currency value is equivalent to waste paper. If it is exchanged for physical objects in Jiangbei and then returned to Jiangnan, it can also obtain exponential profits. It will not take long to affect Jiangbei and cause depreciation.

If we do not make up for silver, even if we do not make up for it, Zhongtong Banknotes will still face the risk of bankruptcy. Because if the people use gold and silver to exchange Zhongtong Banknotes in the quasi-civilized warehouse, they can only exchange it according to the price comparison of one tael of silver to the quasi-civilized warehouse; on the contrary, if the Zhongtong Banknotes in the quasi-civilized warehouse to buy silver, they only need to pay the two taels of Zhongtong Banknotes in the quasi-civilized warehouse, and the quasi-civilized warehouse should pay one tael of silver. Compared with the two, if the Yuan court insists on using silver to collect Zhongtong Banknotes and the quasi-civilized warehouse, the silver stored in the quasi-civilized warehouse will face the risk of running out in a few days. In addition, the value transfer, payment, storage and other fields of silver and copper coins in the Jiangnan region will continue to be used seriously, which will inevitably seriously squeeze out the space for banknote circulation, which will directly lead to the depreciation of the banknotes...

"Master of the Mansion, how many more will we have in our mansion?" Zhao Bing asked.

"There is also Jia Xiangshi Yin in the mansion who saw that Guan Zi had a million yuan in money, and Your Highness wanted to..." Zhuang Shilin thought for a moment and reported a rough number, but hesitated and said, "If Your Highness uses Guan Zi to exchange for counterfeit banknotes, it may cause criticism and damage Your Highness's reputation."

"Oh, what do you say first about Jia Xiangfu's consent? It's not like to keep me from being insincere, right?" Zhao Bing said with a smile, and thought about it, it was also good. Currency is a symbol of a country. Although it is for the benefit of the mansion, as a prince, he represents the national interests, so it is definitely unreasonable to do so.

"Your Highness, in the tenth year of Xianchun, the Tartar general Boyan invaded the south. The court ordered Jia Xiang to send troops to resist. In order to make up for the military expenditure, the number of sealed Huizi was added to the price of the less than 10 million yuan. He said that he saw the money, which was the batch of Huizi that the Tartars were going to exchange for this time." Zhuang Shilin replied.

"So that's it, it's really less." Zhao Bing whispered in disappointment.

"Your Highness, you have already a lot of money. Seeing that you can save one or two taels of silver, it is ten times higher than the Chengzi in the world." Zhuang Shilin waved his hand.

"Haha, what I said was that I printed a little less!" Zhao Bing smiled and said, "Hey, can we print some?"

Although Zhao Bing found a loophole in the exchange of Zhongtong Banknotes, if he wanted to make a profit, he still needed to use a large amount of funds. Everyone was watching the money of the General Bureau, and there was a legitimate reason to mobilize the funds himself, but no one would agree to it if he had to speculate on Zhongtong Banknotes. And the money from the inner government was still a little bit, and he could transfer it at will. The problem was that there was a little less, and there were risks. Once a loss of his own assets, he would be compensated.

Therefore, Zhao Bing had a bad idea, and he wanted to make money by making money without a fuck. Of course, it was a bit exaggerated to say that he had to use empty-handedness. He also had to spend some paper and ink to pay wages, and the fees were always required. But he only had to exchange the printed fake books into the Tartars's standard warehouse for Zhongtong Banknotes, then took the Zhongtong Banknotes to Jiangbei for gold, and then transported them back to Jiangnan for two trips to make a profit of hundreds of times. Even if he didn't circulate directly in the market, a few pieces of paper could be exchanged for food and silk, which was a good deal.

In addition, the current anti-counterfeiting technology of coin is almost zero, so the threshold is very low, as long as you have enough courage to do it. However, the current transportation and communication conditions are very poor. Even if a large number of counterfeit coins appear in one place, it is difficult for all places to react quickly. When the reaction reaches the court level by level, and then hand it over to the investigation below, it has long since passed and there are not many opportunities to be caught...

"Your Highness... Not everyone can print this time. The imperial court issued an edict, and the Huizi Office specially made, printed, and carried out. Our general's mansion cannot print it. You will be sentenced to death without permission." Zhuang Shilin was shocked and wanted to dispel His Highness's bad idea, but he didn't know how to dissuade him.

"The boss of the manor, I know your intentions, but do you know that the decisive victory is not just a battlefield, and the currency competition is also a war!" Zhao Bing thought for a while and said. He knew that if he did not find a reason to print counterfeit coins, not only Zhuang Shilin, but even those involved would think that he was a villain who was greedy for money and profit. Not only did he subvert the glorious image in their minds, it would also make them lose confidence in their "restoring the country".
Chapter completed!