The issuance of Daqin paper money was even smoother than expected.

It did not appear as Li Si was worried that the people were unwilling to accept it. Instead, these paper money were loved and welcomed by the people.

Especially the Daqin merchants who contracted the canal unexpectedly accepted these paper money.

This surprised Li Si and even all the officials in the court.

However, Li Yang knew that the reason why both merchants and the people were willing to accept these paper money was due to the uniqueness and irreplaceability of this new currency.

What does it mean?

It is the financial taxes of Daqin, and he only recognizes such paper money, not even gold.

This is its uniqueness and irreplaceability. As long as you are in Daqin, only such banknotes can be considered money.

Since gold is no longer money, how can everyone not accept paper money?

More importantly, this kind of banknote can still be used to buy gold. The central bank of the Qin Dynasty has a floating gold price every day. This also means that even if you accept this money and worry that it will become worthless, you can still use these banknotes to buy gold. However, after the banknotes buy gold, the gold cannot be used, and you can only go to banks and gold shops to sell it, and then exchange it for banknotes to be used and circulated in business.

For merchants, will this demand gold? Or paper money?

Obviously, merchants will accept paper money.

Especially for the merchants who contracted the canal project, it not only had to pay wages to workers, but also had to purchase tools and materials, which all required paper money, so no merchant opposed paper money.

Moreover, for merchants, this kind of banknote is obviously conducive to carrying and brings incomparable convenience to metal currency in business.

Of course, in order to assist in the issuance of Daqin paper money, the State Council also led the Daqin Central Bank to establish banks across the country.

Because the purpose of banks is to deposit, loan, exchange, savings and other businesses, financial institutions that undertake credit intermediaries, and at the same time, industry and commerce are also faced with industry and commerce, the first commercial bank in Daqin was called Daqin Industrial and Commercial Bank.

Daqin Industrial and Commercial Bank is naturally a financial institution under Daqin Central Bank and is completely state-owned.

People can go to various counties to deposit, make loans, exchange old money for new money, or even exchange gold.

Of course, in Li Yang's eyes, in addition to the basic exchange and deposit and loan functions, banks also have another function, which is to cooperate with the court's social and economic policies or intentions, and directly or indirectly act as financial institutions that directly or indirectly develop the economy, promote social progress, and carry out macroeconomic management tools in specific business areas.

Bank, it is another reservoir.

The issuance of currency can be used to accumulate the currency in the bank.

In the future, the court will need to carry out construction, and will no longer blindly print and issue currency like this time, but can directly carry out engineering construction by lending from banks. In this way, there will be no consequences of excessive or poor currency release.

In short, the stability of credit currency is crucial.

At the same time, banks have the effect of removing false and saving the real.

After all, the new banknotes of Daqin are a new thing. If there is no bank, if there is a large number of counterfeit coins circulating in society, this is also a problem.

Once there is a bank, people can find counterfeit money in time when they go to the bank to deposit.

If counterfeit money is discovered, the people will naturally seriously identify the money in the future. This is a virtuous cycle.

Of course, Li Yang is not worried about counterfeit coins at the moment.

Because the current paper money is made up of various top technologies and craftsmanship in the Great Qin General Mansion. In other words, the Great Qin paper money represents the highest papermaking, carving and printing technology in the Great Qin.

In this era, there is no private or gang that can have the ability and level of defense against creation. Even other countries in the world do not have the ability to defense against creation.

Li Yang is still very confident in this regard.

The issuance of Daqin's credit currency was very successful, which provided the foundation for Daqin to build a prosperous commercial society.

It is also because of this that on this day, Li Yang proposed the grand goal of vigorously promoting the development of handicrafts and striving to build a commercial society in Qilin Hall!

When he heard that he was finally about to start developing handicrafts, Fusu was ready to go.

Because he had long thought of implementing this step as soon as possible.

He heard Li Yang say that only by vigorously developing handicrafts and building a commercial society can the Qin Dynasty prosper and bring about earth-shaking changes.

And if the Qin Dynasty can make a huge change when it is reincarnated by oneself, then when the father returns, it will naturally be another big surprise.

So, Fusu couldn't wait to ask: "Taifu, how should handicrafts and commerce develop? What should we do the first step?"

All officials also looked at Li Yang, because they didn't understand the development of handicrafts and the construction of commercial society.

Li Yang said: "The method of building a business society is actually very simple, that is, to issue laws to protect the legitimate rights and interests of merchants and to improve the social status of merchants."

"This...this is enough?"

Fusu and all the officials were shocked.

"Yes, that's all." Li Yang nodded.

"……………” Fusu and all officials were stupid. Is the business society that simple?

This made everyone feel incredible.

Because in their opinion, the commercial society portrayed by Li Yang is full of objects, and it should be a prosperous city and a wealthy life. All of this sounds like it will definitely take a lot of effort to create it.

However, this method to build a business society...is so simple?

It was just to improve the status of a businessman, which was beyond everyone's expectations.

Li Yang naturally understood why everyone was puzzled and couldn't help but smile: "Commerce, its essence is exchange, or exchange with currency as a medium to realize the economic activities of commodity circulation. To build a commercial society, it is impossible to rely on the court, but it should rely on everyone in the whole society. Some merchants are willing to do business, produce goods for circulation, and the people are willing to purchase and consume, so as to form a benign commercial economy. What the court needs to do is to ensure that the rights and interests of this commercial economy are not violated."

Fusu: “…………”

All officials: “…………”

Everyone was still confused and couldn't understand at all.

Seeing that there were a group of fools in the court, Li Yang was helpless and had to say, "To put it bluntly, it is to let the businessmen make money with peace of mind and make money with peace of mind."

This time, everyone finally understood.

Fusu said: "Can't businessmen make money with peace of mind now?"

Everyone nodded and expressed their doubts.

Li Yang said: "Today's businessmen have a low status. 120,000 merchants have forced to move to Xianyang. Their property must be registered and registered. They have become the target of powerful and noble fish, and their money is even more unguaranteed. As for such a businessman's status, who will work hard to make money and who will create social wealth?"

When Fusu and the officials heard this, they couldn't help but nodded because what Li Yang said was indeed a problem that exists at present.

Of course, Li Yang deeply agrees with this issue.

Because of the Tianxiaju Restaurant and the liquor business he cooperated with the Ba family, most of the profits generated in the past year were taken away by the court.

Of course, the money taken away by the court from the merchants was naturally famous.

For example, pay grain tax based on the head of the employment?

For example, business tax?

Li Yang invested in Tianxiaju, and the court did not take too much except for paying taxes.

Other merchants are not treated so well. The court will make donations to merchants in construction. Therefore, merchants have to donate one or two percent of the money, which also makes merchants like leeks in a vegetable garden. They will cut one crop when they grow taller, and there is no possibility of growing taller all the time.

This is also why the Qin State built the Great Wall, built the Chi Dao, and built the imperial tomb. In ten years, the Ba family donated countless money. Because... the merchant's property was registered by the court, and you had to donate it. In other words, the merchant's family wealth was not considered to be the merchant's own. With just one word from the court, it could become state-owned.

In Qin, merchants' family assets were unable to protect themselves.

In Li Yang's view, the legality of private property is the biggest obstacle to the commercial society.
Chapter completed!