"My lords are right. In terms of exquisiteness, the value of this set of new coins will naturally exceed the face value of the coins."

Seeing that the set of coins he had designed and minted had been praised by all the court officials, Wang Bing couldn't help but smile with pride.

"However, if I tell your lords that all the silver coins in this set of new coins only contain 90% silver, do you still think that their value can exceed the official value?"

At this time, Wang Bing revealed the secret that this new set of coins can be minted at no cost and can make money in the process of minting.

"Ninety percent? Then during the exchange..."

Without answering Wang Bing's inquiry, all the big guys focused their attention on the exchange.

"Haha, this exchange, of course, is to exchange one or two pieces of color pattern silver for one Minglong silver, two five-cent silver coins, five two-cent silver coins..."

Before Wang Bing could speak, the fat man on the throne spoke first.

"Your Majesty is right. Although this silver coin is not pure silver, it represents our Ming Dynasty court. Therefore, this dragon silver can naturally be exchanged for one or two pure silver patterns! Not only that, in the future, all overseas merchants will come to our Ming Dynasty.

For trade, you need to exchange enough gold and silver for our Ming Dynasty silver coins before you can trade!"

…

"One silver coin can be exchanged for one or two full-color silver coins. Ten coins are one tael. If there are tens of millions of coins..."

Just like the little fat man before, Zhang Xueyan, the Secretary of the Ministry of Revenue, couldn't help but murmur to himself after hearing about the exchange of silver coins and Wen Yin.

‘Isn’t this old guy suffering from a devil’s disease from happiness, haha!’

Seeing Zhang Xueyan talking to himself, Wang Bing couldn't help but smile secretly in his heart.

"Your Majesty, please issue this new set of coins immediately, and strictly prohibit other gold and silver from circulating in the market!"

Just when Wang Bing was still worried about whether Zhang Xueyan was suffering from joy, the Minister of Household Affairs who was in charge of the Ming Dynasty's "money bag" was the first to stand up and ask the little fat man to immediately implement this unprecedented system.

The most complete new coin.

Not only that, he also brought up the ban on the circulation of other gold and silver on the market that Wang Bing and the little fat man had discussed before.

There is no way, as the first Minister of Household Affairs in the Ming Dynasty for more than a century who does not have to worry about money, Zhang Xueyan does not want to go back to those tight days.

Therefore, unknowingly, he, the Minister of Household Affairs, had a tendency to be 'infected' by the little fat man.

"What do Pan Aiqing think?"

Instead of replying to Zhang Xueyan immediately, the little fat man looked at Pan Sheng, the chief minister of the cabinet.

"Your Majesty, I think this method is feasible! However, it will take time to completely ban the circulation of other gold and silver. After all, the casting and issuance of new coins will also take time..."

As the chief minister of a country, Pan Sheng could not fail to see the benefits that the issuance of new coins could bring to the court and the people.

However, he was worried that the little fat man was eager for success, so he expressed concern about the complete ban on the circulation of other gold and silver.

"Pan Aiqing, don't worry. As the saying goes, you can't get fat with just one bite. Of course, I know very well about the complete ban on the circulation of other gold and silver. Let's do this. It will last for five years. After five years, we will completely ban the circulation of other gold and silver as coins.

.”

Seeing that no one objected to the issuance of the new currency, the little fat man returned the favor and gave him a buffer time of five years.

In fact, to a certain extent, the introduction of the new currency this time can actually be regarded as a large-scale 'plunder' by the imperial court against wealthy merchants and gentry.

Therefore, even if Pan Sheng didn't say anything, the little fat man would not issue an edict to immediately prohibit the circulation of other gold and silver as coins.

"Your Majesty, the Military and War Bureau is responsible for the production of weapons for the imperial court. If it is again responsible for minting coins... and after new coins are issued, the Baoyuan Bureau..."

Seeing that the issuance of new coins had been decided, Shu Yinglong, the Minister of Industry, stood up and mentioned the Baoyuan Bureau in a somewhat coquettish way. The meaning was naturally self-explanatory.

"Haha, Shu Aiqing is right. After all, the responsibility of the Military War Bureau is to make armor for the imperial court. The casting of new coins was only done on behalf of others before."

Looking at Shu Yinglong who was a little nervous, the little fat man smiled without paying attention.

"However, the casting of new coins this time is completely different from the previous casting methods, and Baoyuan Bureau has no experience at all. Therefore, I plan to establish the 'Da Ming Royal Bank' to specialize in coin casting, issuance and exchange.

!”

Just when Shu Yinglong was still secretly happy about the little fat man's previous words, he didn't expect the little fat man to speak again and directly came up with "Da Ming Royal Bank".

'Royal Bank? What is your Majesty going to do? Not counting the Royal Commercial Bank and the Royal Navy, are you now going to extend your hands to financial power?'

Faced with the little fat man's behavior of grabbing business and the army, and after robbing the army, he also wanted to grab property and power, the big bosses in the cabinet and the six ministries couldn't help but tremble in their hearts.

There is no way, from the Royal Commercial Bank to the Royal Military Academy to the Royal Navy, the little fat man's behavior has made these ministers a little allergic when they hear the word "royal".

"Your Majesty, can't we learn from this? Moreover, the Baoyuan Bureau is specially designed for minting coins. If it is abolished rashly, it will scare people's hearts..."

Seeing that the little fat man had the idea of ​​abandoning the Baoyuan Bureau and starting a new business, a group of cabinet and six department bosses stood up and spoke out against it.

"Although Baoyuan Bureau is specially designed for minting coins, this new coin...forget it, if I revoke it rashly, it will ruin the jobs of many people. Let's do this, Baoyuan Bureau will be merged into the Royal Bank.

Let them learn and do it as they go along!”

Seeing everyone's opposition, the little fat man, who had no real intention to start a new business in the first place, took the opportunity to directly 'dig' Baoyuan Bureau out of the Ministry of Works and no longer be under the jurisdiction of the Ministry of Works.

"Your Majesty, Holy Might!"

Seeing that the little fat man had reached this point, everyone originally wanted him to hand over the minting of new coins to the big bosses of the Baoyuan Bureau. Not only did he lose his wife and soldiers, but they also had to

He pinched his nose and flattered the little fat man against his will.

There is no way, the little fat man now is not the little emperor Wanli fourteen years ago. Without Zhang Juzheng, the first chief minister of the Ming Dynasty, in the court, and with the support of his relatives and generals, he is not what the civil servants think now.

It’s time to pinch whatever you want.

"Since all my dear friends have no objections, the matter is settled! After the land of Nurgandusi is recovered, the number of new coins should be almost ready. By then, with the help of immigration, we will take advantage of the trend.

Let’s fully launch the issuance of new coins!”
Chapter completed!