Comparing goods requires throwing away, and comparing people requires death. This common saying is used on Yang Sichang and Chen Qiyu, and their recent portrayal of their mental state is very vivid.

First, Fan Yongdou first discovered the article "Defense on Pros and Cons of Gold Standard and Silver Standard" from Xingzhi Journal. He was extremely frightened and quickly informed Li Duoyi, Yang Sichang and Chen Qiyu, predicting that Lin Chunhong would likely take advantage of the opportunity to adjust the gold and silver exchange ratio to suppress silver notes.

What made Fan Yongdou most anxious was that it was not the future of silver bills, but the foundation of his business: bills. Fan Yongdou's bills were based on the big circle as the unit of pricing. The change in the exchange ratio between gold bills and big circles would inevitably cause him heavy losses.

Although Fan Yongdou has been in the business world for most of his life and has been playing with bills for several years, his understanding of finance and currency is mostly based on intuition and has not formed a complete system.

Obviously, Fan Yongdou overestimated Lin Chunhong's attention to Yuanfeng Money House bills and the imperial court's silver bills, and naturally believed that Lin Chunhong's purpose of this move was to destroy the silver bills and Yuanfeng bills.

Fan Yongdou is like this, Li Duoyi, Yang Sichang and Chen Qiyu have not yet had a deep understanding of financial currency, so he naturally falls into panic.

Sure enough, just a dozen days later, news came from Jingzhou that Jingzhou had appreciated the value of gold tickets and added crazily to the gold tickets. The Great Round flowed into Lin Chunhong's vault like flowing water.

Just as the four of them were ready to accept the fate of failure, they suddenly discovered that the financial chaos in Jingzhou, Jiangnan and Guangzhou had little impact on silver bills and Yuanfeng bills. Silver bills were still the same, and there was no large-scale run.

The four of them looked at each other, not sure why.

If Lin Chunhong was asked to teach them, Lin Chunhong would definitely tell them: the various parts of the Ming Dynasty, like closed economies, had a deep connection between them. In the past decade, due to the rapid development of water transportation in Jingzhou, the gradual integration of Jiangnan and Guangzhou, a situation of prosperity and loss. As for the north, due to inconvenient transportation, the transportation situation was caused.

Political barriers, changes in Jingzhou, Jiangnan and Guangzhou will take a long time to affect the north.

In other words, silver bills and Yuanfeng bills will sooner or later be affected by the appreciation of gold bills.

Of course, Lin Chunhong would not come to teach them, nor would he explain the truth thoroughly like a good teacher and friend. Therefore, they were still kept in the dark and thought that this was the way the currency was running.

Yang Sichang and the other two finally breathed a sigh of relief, put their hearts back in their stomachs, and began to promote the silver notes to the army.

At the same time, Yang Sichang took advantage of the opportunity of making a fortune of 500,000 or 600,000 yuan in silver bills to carefully select Sun Yingyuan and Zhou Yuji from the Beijing camp, and ordered the two to lead more than a thousand elite troops in the headquarters to recruit soldiers and form the Yulin Army.

Yang Sichang was very generous and directly organized 24,000 troops in the Yulin Army, and promised to pay military salaries on time and in full and provide food, grass and military supplies.

This move is undoubtedly infringing on Cao Huachun's power. Cao Huachun fought hard, but Zhu Youjian placed his hopes for the Ming Dynasty's revival on Yang Sichang, obeying his words and ignoring Cao Huachun's complaints.

Cao Huachun was depressed and urged Gao Qiqian to give Yang Sichang some eye medicine.

Gao Qiqian and Yang Sichang had a honeymoon period. However, after the Ming Dynasty began to innovate, Yang Sichang's power became more and more prominent, which aroused the high attention of the entire inner court. As an important member of the inner court, Gao Qiqian gradually drifted away from Yang Sichang and gradually became distant.

Gao Qiqian casually fanned and ignited Zhu Youjian, which prompted Zhu Youjian to set up a military supervisor in the Yulin Army. Zhu Youjian had high hopes for the Yulin Army, and naturally hoped that Gao Qiqian would be the military supervisor himself and put this army firmly in his own hands.

However, Gao Qiqian looked down on the Yulin Army, which had not yet had a single word of the eight characters, so he used a brief plan to ask Zhu Youjian to appoint Chen Kui as the Yulin Army's supervisor, laying a foreshadowing for the future.

Yang Sichang had no choice but to do anything about this. After all, as an emperor, Zhu Youjian naturally wanted to take everything in his hands. He did not dare to speak out at all, so as not to give his political enemies an excuse to attack him.

When Sun Yingyuan and Zhou Yuji had just led their troops south, Yang Sichang received news again that Li Zi became the Pacification camp that was about to enter Shaanxi. After Huang Taiji's approval, he borrowed 6,000 cavalry from the Ordos tribe of Mongolia. At the same time, in order to remove the nail in Shuozhou, Huang Taiji gathered 20,000 to 30,000 cavalry and put pressure on the cavalry army.

After receiving this news, Yang Sichang breathed a sigh of relief. Although he was unwilling to see Li Zicheng and Huang Taiji colluded with each other, nor did he want to see Mongolian cavalry galloping in the territory of the Ming Dynasty, compared with Li Zicheng and Huang Taiji, the main pressure the court is currently facing is Lin Chunhong.

Now that Li Zicheng and Huang Taiji can unite to put pressure on Lin Chunhong, Yang Sichang is still happy to hear about it.

It seems that throwing the trouble of Shaanxi to Lin Chunhong was a good move.

Yang Sichang's joy has not lasted for two days, and he suddenly learned that Lin Chunhong made a profit of more than 200 million yuan by adding gold stamps and selling heavy workshops!

Two hundred million!

It is equivalent to the income of the Ming Dynasty for seven or eight years!

It's so annoying that Yang Sichang almost spitted out blood. He thought and turned his hair white, avoided countless open and hidden arrows, and just made the silver notes officially released. The profit is only 500,000 or 600,000 yuan. Lin Chunhong easily raised his mouth and made a profit of more than 200 million!

200 million to 500,000 or 600,000 will lose confidence in moving forward if anyone hears it.

Just as Yang Sichang was about to lose confidence, the pressure around him became increasingly greater.

Due to the appreciation of gold tickets, Zhang Yixian's coin workshop was overcrowded, making it difficult to sustain the previous profit myth, causing Zhu Youjian's treasury to plummet. Zhu Youjian was furious and ordered Zhang Yixian to restore profit within two months.

With such a general environment, Zhang Yixian had no ability to turn into gold, so he had to tell Zhu Youjian that due to Lin Chunhong's gold ticket appreciation, no one was willing to take Dayuan, and in the future, the profit of minting coins would be unsustainable.

Zhu Youjian was absolutely unwilling to give up and called Yang Sichang to see if there was a way to prevent the appreciation of the gold ticket.

What could Yang Sichang do? He couldn't tell why after a long time of humming. Zhu Youjian impatiently drove Yang Sichang out of the palace.

Cao Huachun, who was resentful, immediately revealed this feeling with ignorance, trying to make the court officials believe that Yang Sichang had lost his holy family and became a dog in the water.

Cao Huachun's conspiracy succeeded, and the memorial to impeach Yang Sichang flew to Zhu Youjian's case desk like snowflakes.

Zhu Youjian was angry, but his trust in Yang Sichang was not shaken at all, and he kept all the memorials. The ministers became more and more brave and continued to write memorials to scold Yang Sichang.

After scolding, Zhu Youjian was very upset and called Yang Sichang into the palace, so that Yang Sichang was more restrained during this period and did not stimulate the fragile nerves of the ministers, so as not to cause unnecessary trouble to him.

Zhu Youjian had good intentions, but he didn't know that Yang Sichang was at the most frustrated time? When Yang Sichang saw Zhu Youjian asking him to restrain himself, he thought that Zhu Youjian's innovative ideas were shaken, so he couldn't help but feel disappointed and submitted his resignation to Zhu Youjian.

This resignation was obviously sincere and not a political gesture.

But Zhu Youjian thought this was a political attitude, and believed that Yang Sichang was putting pressure on him and asked him to stop the barking of the ministers. Zhu Youjian's kindness was regarded as a donkey's liver and lungs, and he was furious and called Yang Sichang to scold him. As for resigning, he was not allowed!

The emperor is not allowed to resign, and this work has to be continued.

Yang Sichang was extremely distressed and thought about the trick of breaking the deadlock every day. Just when he was at a loss, he suddenly received a reply from Yang Yiren.

The two did not have much interaction, and as for visiting them in person, it was unprecedented. Yang Sichang welcomed Yang Yiren in confusion.

As if aware of the awkward relationship between the two, Yang Yiren went straight to the point and explained his purpose.

Yang Yiren said that the court should establish effective communication channels with Jingzhou. Before any party takes action, it should inform the other party in advance to avoid strategic misjudgment and cause unnecessary losses to both parties.

"Old Yang Ge, just like the appreciation of the gold ticket, Jiangling Hou was under pressure, not targeting silver tickets. If Jiangling Hou informed Yang Ge Lao in advance, the recent troubles could be avoided."

The appreciation of gold notes is not aimed at silver notes? Yang Sichang was disbelieved by a hundred times, and a hint of sneer appeared on his face.

Yang Yiren knew that Yang Sichang didn't believe it, and then said: "Which silver is different. The scale of silver mining in various places in the Ming Dynasty is getting bigger and bigger, and the silver flowing into the Ming Dynasty overseas is increasing year by year. Silver is useless, just a medium for transactions, such as food, cloth and other necessary things. The increase rate is not as fast as silver, so silver is naturally depreciating, which is also the reason why silver is cheap and the grain is expensive."

Yang Sichang understood this truth, but when he saw that Yang Yiren did not say anything new, his face was a little cold and even a little impatient.

Yang Yiren continued: "As for gold, the output is extremely low and the value is stable. Compared with silver that has increased year by year, gold is appreciating. Therefore, gold notes that use gold as principal will inevitably face pressure to appreciate. Jiangling Hou had no choice but to appreciate two percent."

The truth is simple and the facts are there, but Yang Sichang had never thought about the problem from this perspective before. He couldn't help but nodded and said, "Even if the Marquis of Jiangling did not aim at silver bills, it actually disrupted the order of the Ming Dynasty's trading coins with Dayuan as the main one."

What Yang Sichang said was also true, and Yang Yiren naturally could not deny it. Yang Yiren cleared his throat and said, "This is also the problem that Jiangling Hou was worried about. After all, although the value of gold is stable, the stock is very small. Compared with the huge volume of goods transactions in the Ming Dynasty, gold is far from enough. Jingzhou once estimated that according to the scale of goods transactions in the Ming Dynasty, it would take 2 billion yuan, and it would increase at a rate of 15% every year. If the Ming Dynasty used gold notes as trading coins, even if the principal rate was only 10%, it would require 20 million taels of gold. How could there be so much gold in the Ming Dynasty now?"

Yang Sichang nodded again and asked, "What method is Jiangling Hou going to use to solve the problem?"
Chapter completed!