If a country continues to buy Shu brocade because of the war, the demand for these three goods will decrease from the beginning of the war to the end of the war, will it affect the value of Dabao banknotes?

After all, metal currency has its own value. If its face value and weight are stable, its currency will be very stable. Without goods, its value will remain unchanged and it will still be recognized.
However, if you look at the paper money, you will know that the currency value is very unstable and you can’t buy what you deserve. Even a piece of waste paper is too hard to wipe your ass.
If something goes wrong, people will doubt the government’s ability, and the situation will collapse.
Is this the responsibility of your Ministry of Finance?
Xin Qiji and Lin Jingchun have never had a good friendship, but they are not bad friends with each other. It is this problem that they have quarreled with each other many times, which has also caused a big debate between the metal currency faction and the paper currency faction of the National Assembly.
The metal money faction and the paper money faction have been arguing over this issue. Hongwu has passed the currency reform bill at two consecutive national conferences in five years. Many people still insist on the copper coin strategy and go to the copper country if they lack copper, or go abroad to find it if they don’t.
Lin Jingchun thinks it is one thing to find it or not, another thing to find how to mine it, and another thing to know how long it will take to put it into the market and start operation.
Maybe when you find the copper you want, it will be in a depression because of deflation!
The two sides argued endlessly, and neither agreed with the other.
Finally, Chai Yuan, the left assistant minister of the Ministry of Finance, came up with the concept of letter currency across the times.
What he means is, why can’t we turn Dabao notes into a government-trusted currency with reference to the actual situation of white stripes at present?
He believes that because the government guarantees the value of IOUs to ensure that IOUs are tax deductible, it has issued a public letter that IOUs are even used as currency to make the status quo, which may be a first step in issuing IOUs.
According to his on-the-spot investigation, he found that the IOUs issued by the Ministry of Finance in a large number of areas in Henan Province and Shandong Province in the Yellow River Engineering Area are actually money.
He saw with his own eyes that some people in the city bought rice, meat and fish with white stripes, and also saw that there were big businessmen who bought bulk goods such as silk cloth with many white stripes. The local people had no worries about using white stripes as money.
They are used to it.
Chai Yuan disguised himself as a prudent person and went deep into the people for many times to talk with farmers, urban industrial and commercial practitioners and businessmen, asking them about their actual views and trust in IOUs.
From it, he learned that people generally believe that IOUs are money and there is no difference between money. The head says that it is worth as much as it can offset taxes, and it can be used for daily business transactions.
The latest IOUs are linked to the amount of copper coins because of the big change in copper coin tax collection, which is even simpler.
People abandoned the spamming of the Southern Song Dynasty government before, and changed it into white paper money for business exchange. From ordinary farmers to wealthy businessmen, government officials made white paper money as daily shopping places.
More importantly, Chai Yuan found that they generally didn’t care whether the white bars could really be exchanged for the same amount of copper coins.
They know that this thing is recognized by the government. When they pay taxes on this thing, they really accept it when they give it to the government.
In this way, it doesn’t matter whether it can be exchanged for the same amount of copper coins, and few people really go to the bank to ask if this white note can be exchanged for copper coins.
They have begun to ignore the value of white bars and copper coins and to regard white bars as a kind of real money.
Chai Yuan tried to issue IOUs completely in currency according to the approval.
In this process, due to the high credibility of the big government, there is no trace of copper coins from the transaction of goods to the payment of taxes
"Farmers, craftsmen, businessmen, the main people who conduct business transactions in these markets, they are already indifferent to the question of whether IOUs can be exchanged for the same amount of copper coins by local banks.
They believe that IOUs can buy what they want, and they believe that when IOUs pay taxes, they give them to the government, which is recognition that I didn’t find a copper coin in the whole process. "
Chai yuan was excited.
He got up and made a speech as if he were addressing the officials attending the meeting.
"As far as I can see in Shandong, the local people have become accustomed to the state of small-scale trading of copper coins and large-scale trading of white bars. They generally recognize that copper coins are heavy and a little bit can be brought, while white bars are light and more portable.
When they buy some gadgets, rice and salt, they bring a few coppers. When it’s their turn to buy meat, oil, cloth and so on, they generally make white bars merchants trade on a large scale, and I haven’t seen copper coins. Doesn’t that mean something? "
Look at me, I’ll look at you, officials attending the conference. Many people have made small-scale and low-level comments as if they were serious about this matter.
Many people involuntarily turned their attention to Su Yonglin.
There is no doubt that Su Yonglin can make the final decision and bear the ultimate responsibility.
Chai Yuan also turned his attention to Su Yonglin.
"Chairman, it is not impossible to continue the copper coin strategy, but the problem is that with the increase of the large population and the increasing number of people engaged in business, copper coins will inevitably fall into a state of living beyond their means, and then it will happen that the cast copper coins will be more expensive than the money. This is no small problem."
Chai Yuanli gave his own opinion and hoped that Su Yonglin would approve his suggestion.
Chapter 1217 Golden Route
Chai Yuan said it was very reasonable, so Su Yonglin was silent for a long time before he spoke.
What he wants to say is simple, that is, he does not support believing in monetary policy.
"Making paper money is indeed the simplest solution at present, but at present, I still insist on the strategy of linking precious metals such as gold, silver and copper to currency instead of simply issuing paper money with the credibility of the government."
Chai yuan leng one and then a pair is very puzzled.
"What? Isn’t the current state of the chairman the best? White stripes have established the unshakable trust of the government and the people, which has never been seen in ancient times and modern times. Isn’t this the best time to initiate the reform of paper money? "
Yes, this is the best time, but it is precisely because of this that Su Yonglin can’t allow the reform of credit paper money to become a reality.
because
He doesn’t believe that the imperial court can maintain its credibility forever.