"The officials thought that is not necessarily necessary to issue paper money."

…………

Li Yang was still a little surprised that someone actually agreed to the issuance of credit currency.

You know, at this time, whether it is Fusu who has no brains to trust him, Li Si, Xiao He, and even the mathematician Zhang Cang, they all think that using paper as money is extremely absurd.

At this time, there were people who agreed to issue paper money, which was quite knowledgeable.

So, when he heard this, Li Yang quickly looked back...

When Li Yang saw this, he was even more surprised because the person who said this was Dong Yi, who had always opposed his construction of the canal.

At this moment, Li Yang was really surprised, and Fusu, Li Si and others were also very surprised, and they all looked at Dong Yi with surprise.

Not only was he surprised why he supported Li Yang, but he was also curious about the reason why he supported using paper for money.

When Dong Yi saw everyone looking at him, he was stunned for a moment. Obviously, he felt a little uncomfortable when he was staring at him by a group of people.

"That, the officials thought that since ancient times, money was only a specific tool for people to exchange items. The ancients used shells as money, and then used metals such as gold, silver and copper as money. In the past, money was no longer money today, but how could the shells be called money? Even if it was a copper sword, it only had its own value, but it could not be called money. Before Your Majesty ruled the six kingdoms, the shapes of the coins of each country were different, such as shovel coins, knife coins, ring coins, etc., and they could only be circulated within their respective jurisdictions; after the six kingdoms were unified, the shapes of the coins of each country were different, such as shovel coins, sword coins, ring coins, etc., and they could only be circulated within their respective jurisdictions; after the six kingdoms were unified, the shapes of the coins of each country were different, such as shovel coins, sword coins, ring coins, etc., and they could only be circulated within their respective jurisdictions; after the six kingdoms were unified, the shapes of the coins of each country were different, such as shovel coins, sword coins, ring coins, etc., and they could only be circulated within their respective jurisdictions; after the six kingdoms were unified, the shapes of the coins of each country were different, such as shovel coins, sword coins, ring coins, etc., and they could only be circulated within their respective jurisdictions; after the six kingdoms were unified, the coins of each country were unified.

His Majesty abolished the old coins of the six countries and improved them on the basis of Qin half-two coins in the Warring States Period. The Qin half-two coins with round square holes are popular all over the country. Therefore, today, copper ware cannot be used as coins. Only the round square hole coins minted by our Daqin Mint can be regarded as coins. In this way, money does not necessarily refer to gold, silver and copper. The reason why it is called money is that people reach a consensus and regarded as currency of money can be called money. This consensus is not for you, me, or a certain people, who can come to designate and reach a consensus, but is designated by the court."

Speaking of this, Dong Yi looked at everyone and found that everyone was listening with relish. So he continued with confidence: "Now, if my Daqin designated the unified printed banknotes, they can be called money, and then they can be real money. Therefore, the officials thought that it would be impossible for the king of Zhen to use paper as money."

"………………” Fusu and others were stunned for a moment.

Because they found that... what Dong Yi said makes sense.

The reason why money can be used as a specific currency for exchange of goods is indeed a consensus reached by the whole society, and this consensus was initiated by the court. In other words, what the court said can be used as money is money.

For example, various copper products are the same material as the copper coins minted by the Daqin Mint, but the shapes are different, so they cannot be used as money.

Therefore, money is the specific currency of the imperial court.

In this case, why not use paper as money in the court?

For a moment, everyone fell into deep thought.

Li Yang looked surprised, this guy...is not bad!

Because the theory that Dong Yi mentioned is actually national credit.

The state uses credit issuance or designates a certain currency instrument as money, while the whole society regards such currency instrument as money. Isn’t all this theories of credit currency?

Good, I never thought that this guy is actually a talent!

To be honest, Li Yang's understanding of Dong Yi was only limited to one of the Three Qin kings in history books. He surrendered to Xiang Yu and was finally awarded one of the three Qin kings.

As for what kind of talents this person has and how he can leave his name in history in the long history of two thousand years, Li Yang really doesn't understand.

However, in Li Yang's opinion, those who can leave their names in history will not be ordinary people. Even if they have a bad reputation, then you have to have the bad skills that history can remember you first?

Therefore, when Li Yang heard Dong Yi’s remarks about the national credit currency today, he immediately became interested in the person in front of him.

If this guy is a financial talent, he will make a lot of money.

"Okay, say it's right!"

Li Yang immediately applauded and said, "What you said is actually the theory of credit currency."

“Credit currency?”

At this moment, not only Li Si, Xiao He and others were confused, but even Dong Yi was confused.

Because they have never heard of this word and have no idea what it means.

"May I ask Zhen Guojun, what is credit currency?" Li Si asked.

Li Yang smiled and said, "Credit currency, as the name suggests, refers to currency issued by the credibility of the state. For example, gold, regardless of its shape, can be used as money, and the current copper coins must be money unified by the court before they can be used as money. This copper coins are currency issued by the credibility of the Qin court, so they are called credit currency."

"I see!"

When everyone heard this, they suddenly realized. Then, Dong Yi clapped his hands and shouted: "Zhen Guojun is such a summary, credit currency, it's a word!"

Li Si and others nodded at this time, all admired Li Yang's exquisite summary.

"Since the country can issue copper coins with its own credibility, it can naturally use its credibility to issue paper money. The printing amount and face value on the paper money is convenient to carry, which is conducive to commercial transactions, and has unimaginable benefits for the Qin Dynasty to build a prosperous commercial society in the future." Li Yang added.

Everyone nodded silently, and at the same time they began to think carefully about Li Yang's words.

Li Si pondered for a moment and asked, "But, using paper as money, this paper is different from copper after all. Will the people accept this kind of money? What if they don't accept it, what should we do? You can't force the people of the world, right?"

Fusu, Xiao He and others nodded, thinking that the question raised by Li Si is worthy of taking seriously.

To put it bluntly, if you are an emperor and give you a bunch of paper, what can you do to make the people accept this paper as currency?

Of course, you can use the huge political machine of the court and forcefully ask the people to use your paper as money. They have to agree to it for the sake of their lives, but to all the people, doing so is meaningless and will only arouse fierce resistance. Moreover, the state machine is also composed of soldiers and government officials at all levels. Those soldiers and officials also need to use money to support themselves, their wives and children. Do you dare to give them paper?
Chapter completed!