Wen Yanbo was in a pretty good mood at first, just waiting for the civil war under Wang Ning'an's party. He was so happy to reap the benefits of the fisherman, but suddenly Sima Guang went to visit the palace. When he heard that, this radiant face was still thinking, could Wang Ning'an nodded? He wanted to prepare money and get some railway stocks to play with it.

But never expected that things suddenly changed and they were actually issued money. Others don’t understand, so how can Lao Wen not understand it? It’s obvious that he has to print paper and pay off his debts, which is simply outrageous!

"Prince, I dare to ask for advice. Do you support this proposal to issue money?"

Wang Ning'an smiled, "I basically have a positive attitude, but this is a meeting of the Political Affairs Hall. What do you think can be said freely and say it all."

"Okay, just let me say it!"

Wen Yanbo straightened his chest, coughed twice, and cleared his throat.

"Everyone, if I remember correctly, although the Ministry of Revenue of the court has poured in a lot of gold and silver every year, the average issuance of more than 20 million guan in these years. The inventories of gold and silver cannot support the additional issuance of currencies... Now there is a sudden increase of 30 million guan. Let me ask, is there no constraint on such excessive issuance?"

Wen Yanbo glared at Wang Anshi, "Grandpa Wang, you wrote this letter. When Emperor Wu of Han issued white deer-skin coins, Zhuge Liang issued a hundred coins in general. The lesson of the truth is not far away. Don't Wang know? You have always been known for your good financial management. What is your intention to come up with such a method that harms the country and the people?"

It’s true that Lao Wen, as the second king of the Song Dynasty, was also an old prime minister, and it was not easy to get angry!

Fortunately, Wang Anshi is not an ordinary person. He smiled faintly, "Mr. Wen, excessive issuance of currency will indeed harm the country and the people, but this time it is not excessive issuance, but additional issuance!"

“What’s the difference?”

“There’s a big difference!”

Wang Anshi stood upright and said loudly: "May all the people, after the railway is built, it can drive the economic development of the Song Dynasty and increase countless business opportunities... Money is the blood of business. If there are business opportunities but no currency, how can the economy prosper? How can the people benefit? At this time, the issuance of currency is just enough to increase currency. How can there be a saying that harms the country and harms the people?"

“Bad talk!”

Lao Wen was anxious, "Mr. Wang Xianggong, the distribution of currency has always been based on metal reserves. In the past, copper coins were issued, and later the reform of the gold and Yuan Dynasty was implemented. The treasury of our Song Dynasty was empty and there was not so much gold and silver, but you insisted on printing so many currencies. Let me ask, are these currencies guaranteed? If you run to the court, can the court take out gold and silver? And after no guarantee, the currency is just a piece of paper. You can print as much as you want... If you do this, who can supervise it?"

Wen Yanbo almost roared, "Have you ever thought about the King of Yan, the King of the King, and the Lords who support this strategy? The court has lost its deficit and is right to go straight. It is nothing more than two ways to increase revenue and reduce expenditure. How can one make up for the deficit by printing money... What is this? Isn't this the court acts like a scoundrel with its head?"

boom!

Old Wen's words were shocked by the audience. Even Zhang Dun's eyes widened and looked at Mr. Wen in a daze. Grandma, the old man had something in his belly!

It turns out that he can stand firm not only because of his face, but because of this truth, it is a resounding sound!

Indeed, no matter how you look at it, it is a bit unreasonable to use printing money to fill in the deficit. However, at this time, Zhang Dun would not jump out to speak for Wen Yanbo, and everyone else looked at each other and remained silent!

Bang!

Wen Yanbo was so angry that he slapped the table and roared: "Your Highness, since you presided over the Political Affairs Hall, you have regarded yourself as loving the people everywhere. Now that you have used such a method of repressing the people, will your conscience be uneasy?"

Wang Ning'an smiled when asked, "When did you Wen Kuanfu pay attention to your conscience?" But the old man was so angry, Wang Ning'an could guess the reason.

The issue of additional issuance of banknotes is indeed worth discussing, especially if the control is improper and random issuance of banknotes will be like a certain official who has a blank space. After ten months of issuing gold coupons, he will be inflated for 20,000 times the inflation rate. He was directly pushed by the common people in a small cart and sent to a fairy island in the East China Sea for retirement... It shows the horror of over-issuing banknotes.

However, moderate issuance of banknotes still has more benefits than disadvantages!

"Mr. Wen, since you have asked, you might as well openly talk."

"Okay, I'm just about to experience the prince's opinion!" Wen Yanbo sat on the chair angrily, with an old face longer than a donkey!

Wang Ning'an was not slow, "Justice Wen mentioned just now that the money should be based on gold and silver... It seems reasonable, but if you look closely, it may not be appropriate."

"Take my Song Dynasty as an example, the output of gold, silver and copper ore is not high. A few years ago, minerals were developed from the Western Regions, from Jiaozhi, Dali and other places to fill the country's use, which has indeed alleviated the money shortage... But the problem is that after the railway is completed, commercial demand has increased by a hundredfold. Can the current currency issuance and the supply of gold and silver overseas be solved? Why don't you discuss it?"

Wang Ning'an seemed to have found the feeling of attending class at Six Arts again, and it happened that among the people below, except Wen Yanbo and others, the rest were his disciples.

After thinking carefully, everyone shook their heads.

It has to be said that the Song Dynasty was too big. Take the Ming Dynasty for example, by absorbing American silver, it accumulated one-third of the world's wealth. As a result, it not only did not give birth to industrialization, but instead caused refugees to rise and chaos in the world... Wang Ning'an estimated that even if he immediately took over the Americas and provided 1 million taels of silver every year, it would still be a drop in the bucket and could not solve the problem.

Therefore, if the Song Dynasty wants to step into the threshold of industrialization, it must give up the metal standard and promote the credit standard. To put it bluntly, it means that the court printed currency according to actual needs!

"Justice Wen also cited the examples of Emperor Wu of Han and Zhuge Wuhou. Indeed, they all caused the excessive issuance and depreciation of currency, rising prices, and harming the people's livelihood economy... But everyone changed their thinking. If the Han Dynasty and Western Shu at that time had produced goods and there were more things on the market, would it still cause prices to rise? I think the result is obvious. There is a relative relationship between currency and physical objects. Through the Song Dynasty, the number of goods produced by the use of steam engines increased by dozens of times and hundreds of times. If the currency was not issued and these goods were consumed, what would the result be?"

This time, Han Zongwu took the initiative to take the sentence.

"The prince clearly understands that rising prices are not good, but falling prices are even more terrible... The currency is easy to be completed without ***, and merchants cannot make profits, so they will naturally stop production. At that time, all industries will be depressed, and the people will be unemployed and uneasy, and the situation will be even worse... So it is very appropriate to issue currency moderately at this time."

Wang Ning'an's words seem to be clear in theory. Among his students, most of them are supportive, and even honest people like Fan Chunren can barely accept them.

Of course, putting aside the theory, in a word, I am just going to pay off the debt with paper and want to be a scoundrel. What can you do?

Our husband Wen was furious, and he snorted, "Prince, you have been talking for a long time, but still haven't answered me. What if you send money indiscriminately? Who knows how much you need on the market? Who knows whether you will send money indiscriminately? The railway is so deficit, so many places to use money... If this opening is opened, whoever wants to print as much as you want, will the imperial court have no prestige?"

He bowed his fists and chuckled twice, "Anyway, I am absolutely against it. I will also write to Your Majesty to state this matter. No matter what the result is, I can sit back and watch the court's laws collapse and do whatever they want!"

After saying that, Wen Yanbo actually got up and left straight, not even wanting to talk.

Lao Wen left, including Wang Anshi, hesitated. Did this old man take the wrong medicine? Where did he go in the past smooth and fickle? Why did he be determined to go against Wang Ning'an? Is this still Wen Yanbo?

Everyone was asking questions, but Wang Ning'an could see clearly that Lao Wen dared to be unscrupulous, but he gave him courage. It was precisely because now, with the halo of the king of a different surname, that no one dared to do anything to him, especially because he was the excuse of speaking up for justice and pleading for the people, and he was even more unscrupulous!

In addition, the additional issuance of currency will indeed cause anger from a large group of people... Among these people, there are Wang Ning'an's former subordinates, and there are also very powerful wealthy businessmen. Lao Wen saw it correctly. With these people's support, he had nothing to be afraid of. Anyway, I can't enter the political affairs hall. This is called barefoot people who are not afraid of wearing shoes.

His grandma, I blame myself!

Wang Ning'an shook his head helplessly, "Mr. Wen opposes this. What about you, do you have any similar views?"

After asking twice, Jia Zhang said in a dilemma, "Prince, I support the additional issuance, but it seems that I should be restrained, otherwise it will cause a disaster... Mr. Wen's opinion may not be wrong..." He hesitated and hesitated, for fear of being assigned to Wen Yanbo's gang, but he did not fully agree with it, which seemed very funny.

Wang Ning'an nodded with a smile, "This discussion is indeed a bit big. I'll give you another three days to weigh the pros and cons."

The meeting ended like this. Jia Zhang was full of hesitation and returned home. He found his father Jia Changchao sitting in the lobby with a gloomy face.

"What? Wen Kuanfu came to make a big fuss in the Political Affairs Hall?"

Jia Zhang was shocked and hurriedly said, "Dad, how do you always know?"

"Hmph, do I dare not know about this big and small thing in the court? A tiger can still take a nap after eating a person. At this moment, does your father dare to take a nap? We will be doomed after one step!"

Jia Zhang grinned bitterly, "Dad, I don't think it's so serious, right?"

Jia Chang snorted, "It's not serious yet? Don't you understand why Wang Ning'an had to issue more currency?"

"This... he was forced to do it too, the court's deficit is too great!"

"Wrong, there are countless ways to make up for the deficit. Why must he issue more money?"

"Then my dad thought Wang Ning'an was planning..."

Jia Changchao took a deep breath and said meaningfully: "I read Wang Ning'an's early article a few days ago. He mentioned that currency is the same as the imperial decrees, and he still wants to seize power!"

...
Chapter completed!