Damn it!

Zhao Ning sighed in his heart.

How long did it take for the money payment to start?

This group of Song Dynasty elites have already begun to plan to use their money to build large infrastructure?

Otherwise, the Song Dynasty would have been run by a group of qualified businessmen!

Zhang Jiucheng's realization came so quickly, like a tornado.

And I'm afraid it's not just his idea. Is it possible that after he won the top prize, he visited Zhao Ding many times in private, and this idea was also approved by Zhao Ding?

It's just that printing money to build roads is a bit unethical in this era, so Zhao Ding hasn't officially mentioned it yet.

Zhang Jiucheng is brave enough.

Zhao Ning deliberately pretended not to know anything and continued to ask: "The banknotes are also money from the national treasury. If a large number of roads are to be built, I am afraid that the west wall will be repaired and the east wall will be demolished."

Zhang Jiucheng was more direct, saying: "You can print more."

Zhao Ning was stunned for a moment, good guy, I like your way of chatting!

But Zhao Ning still looked questioning and said: "Paying banknotes is currency. It is the foundation of commerce. How can we print it at will?"

"I can calculate an account for Your Majesty. If the country prints 5 million Guanjiao banknotes to build roads, these 5 million Guanjiao banknotes will be like water, 80% of which can flow into the hands of the people, and go to the hands of workers, blacksmiths, farmers, and quarryers respectively.

, and these people are precisely the poor people of the Song Dynasty. They are the ones who need money the most. It not only solves the problem of building roads, but also provides them with income."

"But do you know that if more banknotes flow into the private sector in this way, the value of the banknotes will depreciate?"

Zhang Jiucheng added: "The imperial dynasty has fully opened up maritime trade, and more overseas goods have flowed into the Song Dynasty. With the increase in goods, how can the currency notes depreciate?"

Oh, this guy still understands this?

Zhao Ning asked again: "Where will your road be built?"

"From Gyeonggi Road to Taiyuan Prefecture, from Taiyuan Prefecture to Yanmen Pass, firmly locking the connection between Gyeonggi Province and the Great Wall!"

"The people who get your banknotes are naturally the people in the Hedong area. However, the goods introduced by sea trade first arrive in Liangzhe and Guangnan East Road. How can you ensure that the people in the Hedong area get your money?"

After receiving your salary, can you quickly buy goods shipped in by sea?"

Zhao Ning asked very carefully, after all, this involves inflation.

It's not like you just make money and add more products on the market and everything will be fine.

It's so damn simple, he, Butcher Zhao, has been doing this for a long time.

In fact, conservative liberals have a correct view: with the improvement of productivity, human social systems will become more and more complex, and the more complex social structures, with a little fine-tuning, will cause a butterfly effect.

The political and economic structure of the Song Dynasty in the seventh year of Jingkang was quite different from that in the first year of Jingkang.

And with future development, the impact of any restructuring will be much greater than before.

For example, Zhang Jiucheng mentioned that banks will release funds for large-scale infrastructure construction, which involves the connection between the Central Plains economy and the import of coastal commodities.

It's not a question of one plus one equals two.

"Your Majesty, if you want to completely cut off the threat of barbarians to our country, you must regain Taiyuan and Yunzhong. If you want to complete it in this generation, you must pay a certain price. Although releasing a large amount of Jiaobao will cause the devaluation of Jiaobao

!" Seeing that Zhao Guan's family was unmoved, Zhang Jiuzheng's tone became impulsive, "But this is an act of robbing the rich and giving to the poor!"

"How to say?"

"A commoner who goes to the party is penniless, but because he participates in the construction of roads for the court, he earns ten guan in one year. Even if the banknotes he pays depreciate by more than 11 (10%), this common man still has nine guan more than before.

! And the part of the depreciation loss will be borne by those who originally had the currency notes in their hands. The more currency notes they hold, the greater the depreciation."

"Then do you know that if things continue like this, people will go to the banks to run on copper coins?"

"The policy of exchanging copper coins for banknotes can be revoked!" Zhang Jiucheng said again in a surprising way.

Zhao Ning stopped talking now.

Okay, 90% of this picture is really for my damn temper!

He, Zhao Ning, had planned to do this himself. He had planned to do this before, but the time was not yet ripe. At that time, the credit for paying banknotes had not yet been established, and sea trade imports had not yet been established.

Now, as the introduction of banknotes into rural areas is slowly spreading, at least the people in the north have begun to accept banknotes on a large scale.

Zhao Ning was silent for a moment and said, "Today's exam ends here."

Zhang Jiucheng was stunned for a moment. In fact, he still had a lot to say, but since the Zhao family didn't want to discuss it any more, there was no need to say more.

He saluted and said, "Thank you, Your Majesty. The students will be excused."

Zhang Jiucheng must have been inspired by Tokyo Post. He believes that Tokyo Post is good, but without more convenient roads and larger-scale roads, even if the postal model can play tricks, it will be in vain.

Zhao Ning left Daqing Hall.

He admitted that what Zhang Jiucheng said was correct.

Using money to promote road construction is a strategy of robbing the rich and helping the poor. The advantages are self-evident. It greatly stimulates people's enthusiasm for labor and flows money into the hands of ordinary people.

The disadvantage is that it causes inflation problems.

In ancient times when goods flowed slowly, inflation may have been a regional issue for a period of time, but the market had a hand.

For example, when the people in the Hedong area get rich, merchants in Hebei or Gyeonggi Road will find ways to transport their goods there and sell them.

It’s just that it will take some time to consume this inflation.

This is not a big problem for Zhao Ning. As long as goods from the South China Sea continue to flow in to fill the delay in the national policy of changing rice to mulberry in the southeast, inflation can be roughly balanced in the market.

The banknotes advanced in advance can be replenished by a steady stream of goods, not to mention that once the Southeast's policy of changing rice to mulberry is promoted, there will be more and more goods.

The market cannot jump.

Zhang Jiucheng said that the core of this problem is not to give money to the people. His key word is only two words: efficiency!

Use money to improve efficiency and complete a strong connection between the Central Plains region and the northern border. Only in this way can we achieve effective recovery.

Zhao Ning could not wait and launched a strategy of major infrastructure construction and road construction in all directions. It would have taken decades to complete.

Zhao Ning plans to compress it to within twenty years.

Why?

Again, most things in this world are uncontrollable, especially the future, which is full of variables.

What we can do is to complete something as quickly as possible, even if it costs some money.

Having said that, you have to pay a price for anything you do, right?

The emergence of Zhang Jiuzheng allowed Zhao Ning to find the person most suitable to implement this strategy.

He took a deep breath, feeling that the sky was high and the clouds were vast.

The opening up of the maritime strategy will indeed require too many changes, from the restructuring of the political system to the innovation of the economic model, everything will be affected.
Chapter completed!