But again, Zhu Yunzhen only plans to take his time step by step.

Finance is an uncontrolled tiger.

Even Zhu Yunzhen could not predict what changes this tiger would have after being released to the Ming Dynasty.

But Zhu Yunzhen, who has learned from the experience of his previous life, knows.

Every step must be taken carefully!

Therefore, Zhu Yunxian still focuses on entities, and capital and financial tools are just a tool for Zhu Yunxian to leverage the wealth of Ming Dynasty.

After thinking deeply for a while.

I saw Zhu Yunxuan saying: "I have thought for a long time and thought that today's Ming Dynasty only relies on the imperial court to build roads, water conservancy, and cities, which is too slow."

“In the past, the imperial court issued bonds and then released finances through the Ministry of Household Affairs of the Ming Dynasty, which was too backward.”

"Therefore, I plan to open up the right of local governments to issue bonds, allowing local governments to issue bonds, using local revenue as collateral, to issue local bonds for the construction of infrastructure!"

Even fewer still have to rely on capital and the monetary and financial system to control other countries.

We can only let Xiaoming's businessmen explore it in practice.

"Let the people in heaven know."

But the knowledge that needs to be supplemented outside is really too little. Even if Da Mingzhen teaches it step by step, it is difficult to teach it.

Because now Xiao Ming has completely opened the small door of the Japanese market with guns, there is simply some abnormal transaction.

As long as local governments are not interested in supporting their own industries, they will go out and harvest the world's resources.

Let Xiao Ming’s people have no desire to harvest the whole world!

My grandson, the Supervisor, is too victorious!

"Come to court."

Let Xiao Ming rob us of our wealth while we know it or not.

One penny of Xiaoming paper money is equal to eight penny of Japanese money.

Maritime trade must be developed.

Every household began to hide silver, and the value of silver began to continue to rise and fall.

However, Xiao Ming's merchants in Japan completely recognized the purchasing power of silver and took it away as a special mineral at the local price.

Because it was just a helpless move.

In the Japanese country, one pound of grain was worth eighty basic currency units.

"This can only be done through hard work and compiling that knowledge as soon as possible."

They directly used goods to plunder the Japanese market like crazy.

But Xiao Ming’s current trading model with Japan is not like this.

Therefore, defeat is only a matter of time.

And the methods were even less brutal, and not as peaceful as imagined.

Those are all problems Bo Ya will have to solve now and in the future.

Bo Yahen sighed.

But in Xiaoming, a pound of grain only sells for ten basic currency units.

And Xiao Ming because of the scarcity of silver.

At the same time, if Xiao Ming wants to develop, he must put money out of people's pockets with one hand, and directly empty people's pockets with the other hand.

Moreover, the Japanese country was rich in silver deposits.

The silver collected from the people of the Japanese country was actually less than the output of Iwami Yinshan in the past few years, which suddenly enriched the silver in Xiaoming's territory.

But if you want to harvest the world's wealth, how can you go so far?

In the Ming Dynasty's imagination, the people of Xiao Ming only need to have no deposits, and they also need to have no assets and investments of their own, which are divided into eight corners.

on the contrary.

Therefore, currency exchange basically exists. It is not that Xiao Ming's merchants are coercively promoting Xiao Ming's banknotes. It is basically using Japanese currency as the transaction currency.

Not every household had much silver, so the Japanese country did not use silver as its currency.

At most, Da Ming Dynasty no longer has to worry about Xiao Ming Baobao being like a piece of waste paper in the eyes of the people.

The ratio of converting domestic currency into our country’s currency is calculated by subtracting the exchange rate.

Allow local governments to issue bonds to build various infrastructure buildings, allowing each locality to have money to build the water conservancy projects and transportation projects it needs.

Since then, the monetary purchasing power of Xiaoming's banknotes was naturally weak in Japan, and raw materials could not be harvested in Japan's territory.

Because now Xiao Ming is facing a vast and desolate market, waiting for Xiao Ming's people to explore.

This must be related to something, and it is not the exchange rate!

Ming Dynasty is naturally willing to see such an ending.

Used to enrich Xiao Ming’s heritage.

So a small amount of resources were withdrawn from Xiao Ming, which naturally left Xiao Ming without the ability to repay his debts. Instead, he had to sell the things he didn't have in exchange for money.

Because Neo-Confucianism's concept of "preserving natural principles and destroying human desires" was still affecting people's hearts until hundreds of years ago.

In this way, the currency exchange rate between Xiao Ming and the Japanese country is 1 to 8.

It is possible that every country is like the Japanese country, using strong ships and cannons to open up the market.

Solve various problems together.

He changed hands and returned to Xiaoming's territory, and made a small profit directly!

Directly announce his entry into the DPRK.

Let every place have enough money to squander, but for the time being, Zhu Yunxuan will not allow these places to have too much right to issue bonds. There will definitely be a limit.

Royal study room.

Only in this way can the activity of Xiaoming's market be activated to the minimum extent.

There are also various houses, cities, schools, etc.

There is a shortage of more silver.

That's why the Ming Dynasty had to abolish Neo-Confucianism.

Zhu Yunxuan undoubtedly embarked on the path of future generations.

Summarize experiences and lessons learned.

…………

"Now Xiao Ming still has a long way to go if he wants to truly develop maritime trade..."

Even a traitor who charged into battle could not be found.

But Da Mingxuan had no intention of doing that, because it was just a last resort.

Ming Dynasty was thinking hard, recalling the knowledge he learned when studying in the future.

But in Xiaoming, the local government was completely unable to pay off its debts.

Da Mingxi sighed.

Sooner or later, Xiao Ming will become rigid and corrupt.

And Zhu Yunxuan had no intention of embarking on the road of selling land to make money.

Subconsciously, there will always be a tendency to be conservative.

I need to think carefully about how Xiao Ming's sea trade will decline in the future, and also think about where this traitor of mine is.

In addition to abundant commodities, there are also not enough merchant ships, and the most important thing is that the currencies of both parties are the same. How do the two parties trade?

Therefore, the value of silver is Phi, and it is completely used as currency.

And how is the exchange rate priced? At the end of the day, it is naturally priced according to the value of the goods. For example, between two countries in the same country, a pound of grain is the same.

Eight legs stand tall.

Have you ever thought that you can only suffer the people, but you also suffer yourself!

I am sure that the people of Xiao Ming have been satisfied with this, lost their vitality, and are willing to take risks at sea.

On the contrary, because of the increase in silver, the monetary value of Xiaoming banknotes has been anchored and credit has increased slightly. In the minds of the people, Xiaoming banknotes are not yet equivalent to silver.

Even though that 'sale' is only the sale of the right to use it.

Before Ming Dynasty finished announcing the decree.

There will never be new stimulation or new desires.

In my previous life, I sold land because my finances were tight and I had money at all. Not to mention the debt in the future, even a little bit of salary could be used for it!

The distribution of money is extremely reasonable, and 40% of the property is under deposits.
Chapter completed!