Chapter 66 Governing the Political, Economic, and Monetary Systems of Jiangdong(2/2)
Nowadays, the Han Dynasty has accumulated a lot of money, and the world's currency is in chaos. If Sun Ce's strength is invested in modifying the original system, it will be a drop in the bucket.
So he simply decided not to destroy it or establish it, and created a new currency.
Sun Ce said confidently: "We no longer promote copper coins measured by weight such as five baht coins and half taels of coins. Instead, we promote new coins, unified into Jiangdong Tongbao. Currencies of equal value are used. We no longer measure by weight and change.
By the numbers.”
"I plan to pay salaries to soldiers and craftsmen. A soldier's monthly salary is 150 yuan. Then the price will be anchored by grain, which is 30 yuan per stone."
Sun Ce was sure that this currency system could be implemented because it was almost a simplified version of the food stamps and cloth stamps system.
But he also has several other very important significances in enhancing Sun Ce's strength.
First of all, this multiplied Sun Ce's logistics strength. If according to the salary system prevailing in the Han Dynasty, a county magistrate would be given one hundred shi of food per month, and a soldier would be given five shi of food per month.
Sun Ce's current logistics reserves were emptied after only two months of salary.
But in fact, neither the county magistrate nor the soldiers could use so much food. They took it home and stored it.
As long as they believe that if they take the new coins to the government office, they will be able to exchange them for the corresponding grain, cloth, and silk, they will gradually recognize the value of the new coins.
In this case, more money, food, cloth and silk were still in the hands of the government. In fact, it was equivalent to Sun Ce having more wealth in his hands.
On the other hand, in these troubled times, grain and cloth are also hard currencies comparable to gold and silver. Using these two as anchors for Jiangdong Tongbao can have the same effect as the gold standard, expanding the total wealth in the hands of the government.
As long as the new currency can be circulated within Wu County, it will definitely become powerful, and the caravans will gradually recognize its value.
Sun Ce's purpose was simple. As long as the new currency could be passed temporarily, even within a small area of Wu County, it would be enough.
A stable and well-functioning currency system will inevitably gradually eliminate other currencies in Jiangdong.
Sun Ce has absolute confidence in this, because the monetary systems in other counties have collapsed and money and goods are blocked. They are going to fight against Wuxian's economic system?
As Sun Ce and Zhang Zhao said, the key to building Jiangdong's political, economic and even monetary system currently lies in the army and the tens of thousands of soldiers in the army.
Chapter completed!