Daqin started with offering immortal medicine

Daqin will implement currency reform and promote paper money, which will undoubtedly shock all the people in the world.

Can money made of paper buy goods?

This is a question that every commoner in Daqin is worried about.

Of course, what they are more worried about is whether the copper coins and gold in their hands can still be used to buy goods?

If the imperial court abolishes the old currency, it means that the wealth accumulated by everyone in the past will be nothing.

Therefore, for a while, the hearts of the whole country were floating.

Fortunately, Li Yang was aware of this problem, and the State Council and the Central Bank of Daqin jointly issued a decree in time to issue new money. Although it will not be linked to gold, the old money can be replaced by new money with the same purchasing power.

In other words, although the old money will not be used anymore, it can be exchanged for new money, and everyone's wealth will not be at any risk.

And this decree somewhat reassured the people.

Of course, there was a reason why Li Yang didn't plan to peg Daqin banknotes to gold.

For Li Yang, who traveled through later generations, he knew the Bretton Woods system. Its disintegration has proved that the direct link between gold and a single country's currency can only lead to the instability of the country's currency.Back then, a superpower like the United States also pegged the U.S. dollar to gold, but what was the final result?It can only be a helpless choice to withdraw. This is not something that a country's currency can afford. This can be regarded as a lesson from the past.

In addition, the role of currency is an intermediary for daily exchange. Economic development requires normal exchange. The faster the economic development, the greater the supply of money. Obviously, the total global reserves of gold and silver and The annual output is fixed, so it is necessary to use state administrative power to regulate the value of currency for exchange in the future world.However, there is also a problem that there is no link of general equivalents, and the currency has no real value. When the economy develops to a certain extent, the excessive supply of currency will cause inflation to increase.This requires the central bank to regulate, that is, various monetary policies.

More importantly, the Daqin Central Bank is owned by the state and serves the general public. The starting point is the interests of the vast majority of the people in Daqin. Therefore, Daqin’s currency does not need to be linked to precious metals, and there is nothing wrong with it.

Of course, there is no room for negligence in the issuance of credit currency, so Li Yang naturally did it himself and participated in the whole process.

First of all, the Daqin Central Bank, the central financial institution, was established.

Then from the Ministry of Households, officials were transferred to enrich the personnel allocation of this institution.

Next, is the design of the banknotes.

In Li Yang's view, the design of banknotes consists of three factors: material, appearance, and anti-counterfeiting.

And all of this is not a problem for Li Yang, who told him to time travel?

3 Sixty chapters of Daqin banknotes

In fact, the paper materials of later coins are mainly cotton, linen, fiber silk and colored dots with long fibers, metal wires, opaque plastic threads, and fluorescent threads.

Except for the plastic thread, which cannot be made for the time being, other things are not difficult for the current Daqin.

Cotton and linen are available in Daqin. For metal wires, according to the denomination of coins, Li Yang plans to use copper wires, silver wires, and gold wires respectively.And fluorescence, in fact, is rare earth, which belongs to inorganic materials.

Under Li Yang's design, the Daqin banknotes directly imitated the banknotes of later generations, and did not use any colorful and rich colors, but followed the single gray tone of the US dollar, because Daqin originally respected dark colors, so light ink was chosen. Printing, together with a light green pattern, will appear more natural and simple.

As for the currency unit of Daqin banknotes, Li Yang also discussed with everyone in the State Council, and decided to use Qin Dao as the currency unit of Qin coins.Because since ancient times, Chinese currency has been dominated by shovels and knives. Even in Qin Dynasty, knife-shaped currency was popular. It was not until Qin Shihuang unified the copper coins with outer circle and inner square as currency that there was no knife-shaped currency.

The unit of copper coins after Qin Shihuang's unification is the plant.

However, Li Yang thinks that the unit of zhu is too small, so he thinks that the unit of "knife" should be added to the unit of zhu, such as one Qin knife, one hundred Qin knife.

In this way, not only the currency has a larger unit, but even the old money (the copper coin with the outer circle and the inner square) can be continued to be used.Ten copper coins, converted into one knife Daqin banknotes.

In Li Yang's words, the copper coins of the past have almost become the coins of later generations.

In this way, Daqin does not need to print small denomination change, which can be regarded as saving financial and material resources, and it is also a convenience for the common people.

To buy vegetables, use copper coins directly.

When buying large items, use paper money.

Everyone praised Li Yang's idea.

Of course, Li Yang thought about using the currency unit of "Yuan" directly.

However, thinking about it, it doesn't feel right.

Because there are two popular theories about the origin of the currency unit "Yuan" in later generations: one is that the emergence of "Yuan" in currency began in the early Tang Dynasty.Tang Gaozu abolished the five baht coin and changed it to "Kaiyuan Tongbao". "Kaiyuan" means opening a new era.In the 26th year of Guangxu in the Qing Dynasty (1900), Guangdong began to manufacture mechanism copper coins while casting silver coins. The issuance of copper coins in the Qing Dynasty laid the foundation for today's currency name "Yuan".Due to the expansion of exchange, people urgently need lighter currency to replace silver and copper dollars. At this time, the bank printed a silver dollar and copper dollar exchange certificate. The nominal value of this exchange certificate is the same as the actual silver dollar and copper dollar. Exchange notes evolved into banknotes.

Another theory holds that the use of "yuan" as the currency unit began in the Wanli period of the Ming Dynasty.At that time, the "silver dollar", the most popular currency in Europe and the United States, began to be introduced to China. The most popular was the Mexican silver dollar, which had an eagle pattern on its face, so it was also called Eagle Ocean.It is named because the material is silver and its shape is round, and one piece is called a circle.The word "circle" is both a currency name and a unit name.For the convenience of writing, people later replaced "Yuan" with the homonym "Yuan" of Yuan.

However, no matter which era the "Yuan" came from, it is currently the Qin Dynasty, so it is difficult for people to accept this Yuan no matter what.The "knife" is more suitable as the currency from the Zhou Dynasty to the Spring and Autumn and Warring States, and even the early Qin Dynasty.

This is why Li Yang used "knife" as the currency unit.

After the currency material is selected, the currency unit is also available, and then the face value and pattern.

面值，分为1秦刀、2秦刀、5秦刀、10秦刀、20秦刀、50秦刀、100秦刀，共七种面额。

As for the pattern, it is naturally not difficult for Li Yang.

He sketched it directly on the paper.

In the center of the front is the head portrait of the First Emperor, to show his dignity, and the four corners are the face value, with fluorescent lines; on the back, the center is the face value, and the four corners are still the face value, with metal wires, such a banknote similar to later generations. A rough design sketch came out.

For this design, not only Fusu, but also all the members of the State Council are very approving.

It's a joke, this is an advanced design that has been recognized by countries all over the world, how could they find a big problem?

Of course, banknotes are worthless in themselves, unlike copper and silver, which have value. Therefore, the most important thing for banknotes is to prevent counterfeiting and prevent others from easily counterfeiting them.

And in order to prevent this, the banknotes should obviously not be too casual or too simple.

For example, the head portrait of the First Emperor, and the face value numbers can be made into watermarks of different thicknesses or depressions.

Another example is to set some codes.

Or set a standard for the modulation ratio of fluorescence and ink, so that others cannot easily prepare ink of the same color.

The ink ratio is different, and the natural color of the printed things will be different, which can give people the feeling of counterfeit banknotes at a glance.

In addition, Dong Yi also put forward many opinions on preventing counterfeit banknotes.

For example, skilled wood engraving workers must report for registration, especially the engraving masters in the Mint must review their conduct, and at the same time introduce laws related to counterfeiting coins to deter them.

After all, the first condition for printing counterfeit money is the production of carving panels.

For this point, Li Yang still very much agrees.

There are ready-made workshops for printing, papermaking, and general government, and the workers are already very skilled.

Therefore, the mint is directly composed of relevant workers who will be the government.

When making paper, engrave portraits or various figures on the copper wire mesh. When the pulp is passed through the copper wire mesh to make paper, the paper will appear in different thicknesses or depressions according to the depth of the copper wire, that is, watermarks of various portrait figures will be formed.In this way, the banknote will not be a smooth piece of paper, but densely packed with watermarks, just like human fingerprints.

At the same time, the positions of watermarks on banknotes are not the same, and can be divided into fixed position watermarks, that is, watermarks made at a fixed position on banknotes; semi-fixed position watermarks, made on a certain part of the banknote surface, showing continuous watermarks ; There is also a watermark in a non-fixed position, such as a watermark pattern on the entire banknote paper.