A beautiful yellow and white two-color coin with a white edge and yellow core, emitting the light of gold and silver at the same time. There is no such currency in the world. You can tell at a glance that the cost is expensive. So the question is:

How much is the production cost of such a two-color coin with a size of no difference to a Wuzhu coin?

This is a secret, Yuwen Wen will not easily spread it; this is not a secret, because the officials of the Zhengshitang know the approximate cost of the yellow and white coins.

The reason why such a thing happened is to make the new currency system better implemented. In a relatively strong political terminology, Yuwen Wen, as the supreme ruler, needs to let the ruling group know the secrets of the two-color currency in order to better exploit the ruled.

Members of the ruling group will not disdain to let the ruled know this secret, so to some extent, the cost of two-color currency is a semi-public secret.

The yellow and white two-color coins are of course not coins made of gold and silver. The yellow color of the two-color coins comes from copper-zinc alloy (brass), and the white color of the two-color coins comes from copper-tin-lead alloy (white copper).

Therefore, the two-color currency is another form of copper coins.

A two-color coin made from the new "gold and silver" process has a face value of "Yi Mo", which is "Yi Mo", so such a coin is called "Gold and Silver Mo".

One road means one hundred citrus, and a "gold and silver" money can be said to be a "one as one hundred" copper coins.

History over thousands of years shows that if any court tries to promote "one for ten", "one for a hundred" or even "one for a thousand" copper coins, such a currency system will inevitably collapse because the people are not fools.

The rulers had no good intentions when introducing such copper coins. They were purely a means to make money. The people used this kind of money to "be ten", "be a hundred", and "be a thousand", and the government refused to recognize it, so how could the people recognize it?

Of course Yuwen Wen knew about this situation, but he still planned to launch "Jinyinmo" money, of course there was a reason.

Since ancient times, the act of minting coins has inevitably suffered from economic losses, because if you want to mint a good money with a weight of 100 ci, the cost will not be less than 100 ci.

If this good money with excellent production of 100 citations is circulated on the market, it will be melted into copper ingots and sold as copper materials, and the labor and fire consumption will be deducted. This move will still benefit more than 100 citations.

In this way, there is a very embarrassing reality, that is, no matter how many copper coins are cast in any court, it is not enough, and the more copper coins are cast, the more losses the court will lose.

In addition to the law of "bad money drives out good money", and the habit of big investors in various places like to "seal" good money, which has led to the fact that no matter how many copper coins are minted by the courts of all dynasties, the situation of private minting of bad money can never be cured.

This is the result of economic laws and will not change due to anyone's will.

If someone wants to change this fact, don’t mention paper money, paper money, etc., precious metal currency is the inevitable choice of this era. The only solution is to follow economic laws, and two things must be done:

First, the cost of coin (including transportation costs) must be lower than the face value of the coin, otherwise there will be no negotiation;

Second, when a coin is reduced (melted) into a precious metal, the selling price is lower than the face value.

These two points, with the technical capabilities of "ancient times", cannot be achieved at all. The cost of using copper to mint coins is there. If the quality of copper is reduced, it is tantamount to drinking poison to quench thirst, because this will greatly damage the credit of the coins and cause a tragic depreciation.

However, this problem is not unsolvable for the "abnormal human" Yu Wenwen.

Double-color coins are his solution to the problem.

But in order to get this sword to solve the problem, he spent countless money and many years to have the confidence to say "it's done."

Ten years ago, the production cost of two-color coins made of brass (copper-zinc alloy) and white copper (copper-tin-lead alloy) was no less than 500 coins per coin. In order to make the two-color coins practical, Yuwen Wen hopes that the production cost is less than 100 coins (Yimu).

This idea took ten years to come true. Yu Wen Wen recalled the past and the money he spent on it, and he felt that he had ended his hardships and was very happy.

A coin with gold and silver light shines, looks like it makes people feel that the production cost is not low, so it seems reasonable to set the face value of this kind of money as "Yi Mo".

Therefore, when ordinary people see this kind of currency, at least they will not think that the court is crazy about money and create "one for a hundred" copper coins to make money.

The incredible production process of "Jinyin Mo" can easily make people think that the actual value is equivalent to the above value, so it ensures the initial credit of this coin. On this basis, Yuwen Wen's new coin system has the possibility of great power.

The "Mingde Tongbao" coins are exchanged for one (one penny) and two zhu and four silks, and one to one for the five zhu coins issued by all dynasties (one penny is weighing three to five zhu coins); a "gold and silver mo" is exchanged for only one hundred zhu coins, and no wuzhu coins (official).

The rules that seem normal are actually very mysterious.

In the era when precious metals were used as currency, the value of a coin depends on its precious metal content, that is, the "color". The copper weight of a Wuzhu coin with sufficient material can be considered as Wuzhu (in fact, it can range from three to fivezhu).

Now, a "Mingde Tongbao" coin weighing two zhu and four silks is to be exchanged one by one for five zhu coins, which is actually forcibly exchanging two zhu copper for five zhu copper in the hands of the people.

From this perspective, "Mingde Tongbao" is actually a kind of "one for two" money.

Then, the production of "Gold and Silver Mo" cost about 70 cents was exchanged for "Mingde Tongbao" for 100 cents, which actually turned "Mingde Tongbao" into "one as three" money.

In short, Yuwen Wen relied on two kinds of coins to "die" three parts of copper on the market with one portion of copper.

Is this kind of behavior evil or not evil? Is it mean or not?

Do you still have a conscience when doing such a thing? Will your conscience hurt?

Yuwen Wen asked himself at this time, but he didn't blush at all. Looking at the two-color coins in his hand, his eyes seemed to be emitting light.

A normal country must issue coins, and even if it loses, it must be issued. Therefore, the "Mingde Tongbao" minted according to normal technology, even if it is more minted, the more rain it is, Yuwen Wen has to grit his teeth and hold on.

The huge deficit caused by casting normal copper coins is filled by "abnormal" copper coins "Jinyinmo".

The "gold and silver" money with a face value of Yimo (100 documents) was made and circulated on the market, and the court made about thirty cents. Such profits were offset by the losses of minting "Mingde Tongbao" and there was a slight surplus.

Therefore, if Yuwen Wen's new currency system can be successfully implemented, then minting money is a profitable business for the court.

The fiscal surplus is surplus every year, and the seigniorage tax is slim. From now on, there is no need to spend all your time opening up and making money. Just try your best to issue "Gold and Silver Mo"...?

If you think beautifully, the gap between ideals and reality is very big. So big that Yuwen Wen's idea needs to be greatly discounted when implemented. "Gold and Silver Mo" money may not be accepted by the people. If no one cares about it, it would be embarrassing.

Any violation of economic laws will inevitably end in failure. Yuwen Wen racked his brains to come up with new tricks for the new currency system. Once these new tricks are implemented...

He felt that his conscience would really hurt a lot.
Chapter completed!