When he received the summons from Zhu Yunwen, Guo Zi was in a hurry. Although he had been in the Ministry of Revenue for a long time and had taken over the position of Minister of Commerce in the past two years, he still found it difficult to find Zhu Yunwen's instructions to start a bank.

Absorb deposits and loans to the public?

The latter is understandable. After all, when the national finances were tight in the past few years, the Ministry of Revenue had frequently turned over money from the Imperial Merchants Association, borrowing and loaning, and paying interest.

But can this happen if we absorb deposits from the public?

Can ordinary people be willing to put the money in their pockets anywhere except their own pockets?

The people of the people had a deep understanding of the habit of managing money, Guo Zi was in a bad family when he was young. Even if there were dozens of copper coins left, his parents wanted to take out a hole on the wall to store it, and then check it over and over again at least three times a day.

Not to mention those landlords who like to bury silver in the soil.

Guo Zi directly expressed this hidden worries and doubts in front of Zhu Yunwen.

"Banks must be established. Without banks, there is no way to have prosperous business behavior."

Zhu Yunwen said firmly: "In the early stage of the establishment of the bank, there will be difficulties and doubts. These are not big problems. The only thing I am worried about is how to regulate the monetary system of our Ming Dynasty."

Baochao was easily stopped by Zhu Yunwen because of its imitation. After all, this thing has created an embarrassing achievement of several times depreciation in just ten years. The people dared not admit it. If they didn't stop, those who printed counterfeit money would suck the blood of the people dry.

The use of cash silver and copper plates involves the problem of weighing and composition, because there are many broken silver corners in the people, some of which are very doped with many other metal components, which are not sufficient silver, and cannot be compared with equal weight sterling silver in terms of value. The purchasing power is generally in commercial activities, and the buyer and seller agree on their own.

To run a bank, you must unify the currency.

Once the currency is unified, the right to mint coins will be directly linked to the country's economic lifeline.

The right to mint coins is born to belong to the central government, but it cannot withstand the stolen things among the people.

"Your Majesty, or should we learn from Europa to make gold and silver coins?"

Gold coins, silver coins and the copper plates of the Ming Dynasty can barely be considered as building a monetary system.

"Do you think the currency system like Europa is perfect without any risk?"

When Zhu Yunwen heard this, he was so angry that he said: "I tell you, as I know from these Europa merchants, at least hundreds of coins are circulated in the Europa market!

What aristocratic feudalism they were engaged in was unable to maintain the monopoly of coin rights. Many local aristocrats kept reducing the quality of their currency in order to make personal gain, which led to a serious credibility crisis in the currency system and trade frustration.

At present, merchants from the Apennine Peninsula are facing merchants in Western Europe, and even demanding in-kind credit and the crops on the land."

It is not absolutely safe to manufacture currency, because it is difficult for ordinary people to know what is inside the silver-plated package on the surface.

Moreover, the biggest threat to the currency system is the dispersion of coin rights. As long as private merchants have cash in their hands, they can secretly open the furnace to make coins at any time.

If you take a step back, even if there is no risk of being imitated, what changes will this monetary system change?

All the central government issues as much money as the reserve bank has. What is the purpose of running a bank? Isn’t it just to allow the country to spend one tael of silver as two taels or even three taels?

It is impossible for the central government to take the lead in making counterfeit and shoddy coins.

"For so many years, hasn't the technology of anti-counterfeiting made any progress?"

When Zhu Yunwen mentioned this, he became angry. Although he ordered the suspension of issuance of the Daming Baochao that year, he had never thought about giving up the printing of the money, but he was just waiting.

Waiting for the birth of anti-counterfeiting technology that can maximize the difficulty of forgery.

Guo Zi was scolded for being timid, so he had to bite the bullet and defend himself: "After your Majesty's words, the Ministry of Revenue has been entrusting the Ministry of Works to do anti-counterfeiting a few years ago, but there are still some progress."

These bureaucrats have nothing in themselves except to kick a good ball.

"Europa merchants are mainly using gold coins at present, because the characteristics and quality of gold are easy to identify and discover clues, and the value of gold is higher, which can meet the needs of those merchants for large-scale commercial trading activities."

Zhu Yunwen pondered for a moment and had to express his thoughts: "At present, our commercial transactions in the Ming Dynasty are often tens of thousands of taels, or even hundreds of thousands of taels, but our gold reserves are not high, so we have always relied on the current silver in Nanyang to support it. It is unrealistic to issue gold coins, so let's make silver ingots."

The mass of sterling silver is significantly different from that of doping other metals.

"Don't make small objects with one or two ounces of weight, but create more than five ounces of official ingots. If you want to imitate them, once you adulterate, the two real and fake ingots will be immediately different after putting them on the scale.

By the way, let the Ministry of Works put stamps on the belly of the ingot when supervising the production. If the people want to imitate it, they will add some workload to them."

"Official ingots start from five liang, so the small-scale trading of private people can only be traded through copper plates."

Regarding Guo Zi's concern, Zhu Yunwen asked back: "Can there be anyone who casts copper plates privately?"

"No."

The cost is almost the same as the purchasing power, so who would be so stupid as to cast copper plates in private?

"Then print the bronze ticket."

Zhu Yunwen proposed a corresponding idea: "The copper invoices are printed and issued in the form of the Daming Baochao, and the denomination is composed of fifty, one hundred and five hundred. Among them, a layer of silver edge can be outlined around the copper invoices, which will increase the cost.

There are no printing machines in the folk, so they need a little research to imitate. The cost of imitation is several times that our center prints itself. We will control the cost of a copper ticket of 500 to 100 ci. Even if the private one imitates it, it will be meaningless."

The only solution to the monetary system that Zhu Yunwen could think of now was the only solution to the monetary system.

"Your Commerce Department should not be too lazy all day long. The technology of the Ministry of Industry is ultimately not comparable to that of the people. Printing money is nothing more than the process of paper and pattern. Let the Ministry of Industry seize the time to overcome these two technical difficulties, study and carve some more detailed and cumbersome patterns on the printing press to ensure that the banknote paper after printing is still clear and clear, and the quality of the paper can be enhanced by rolling multiple sheets of paper into one.

By dealing with these two points, we can basically eliminate the risk of forgery among the people."

If you cannot print money on a large scale, the bank will not be able to open quickly for a day.

If you deposit and loan in large amounts, you can’t bet on dozens of silver carts to run around the streets.

"First of all, wait for the copper tickets to be printed and check the quality. As long as they can be passed, each province will first open the bank in the provincial capital, and at the same time, exchange the broken silver corners with copper tickets for the public, and then redeem them for the furnace to melt the official ingots."

Zhu Yunwen also deliberately emphasized: "The fire is consumed by the public, and don't increase the burden on the people."

The value of the broken silver horn is not equal to the price of the copper notes. After all, the cost of a copper notes of 500 cents is only a few dozen cents, and the excess shorts are all considered to be earned by the court.

Zhu Yunwen naturally did not want the people to bear the loss of fire consumption.
Chapter completed!