After the court session, Zhu Yunying returned to the Wuying Hall, where he could continue reviewing memorials.

"Your Majesty, the Eastern Depot has reported that many wealthy merchants in Yingtian Prefecture, formerly of the Yuan Dynasty, are planning a bank run," Wang Chengen said cautiously to Zhu Yunying. "It is said that they have already collected a considerable amount of paper money and are just waiting for the Emperor Emeritus's birthday to launch a bank run."

Zhu Yunying raised her head slightly, her voice revealing neither anger nor remorse, "Oh? Anything else?"

At this moment, Wang Chengen quickly said, "Your Majesty, the agents of the Eastern Depot also said that paper money has been circulating in the market in recent years, but it is supplemented with silver and copper coins. Some short-sighted commoners often exchange 80% or 90% of the face value of the paper money for silver and copper coins."

It's not that those people were short-sighted, but rather that paper money simply lacked sufficient persuasiveness in the eyes of many. Therefore, under such circumstances, some people were willing to bear some losses in order to exchange their paper money for silver.

As for the imperial court not completely prohibiting the exchange of paper money for silver, it was only initially that Emperor Zhu did not allow the exchange of paper money for silver. This initial prohibition made many people uneasy, as the national treasury at that time only received silver and did not give it out.

To reverse this bad first impression, Zhu Yunying naturally needed to put in more effort, and the court needed to continuously build public trust.

Most importantly, as the imperial court began to relax the conditions for exchanging silver, many people were unwilling to go to the government office to exchange silver, as the procedures were indeed cumbersome and inconvenient.

At this point, Wang Chengen continued, "Your Majesty, many of these scoundrels are recruited by wealthy families."

Zhu Yunying now understood that these ruffians might end up helping him exchange silver. This was, of course, due to the previous issues with the process of exchanging Ming Dynasty paper money for silver.

Previously, large-scale silver exchange was not very convenient, so some errand runners emerged. Moreover, some people would hire hangers-on, people with clean backgrounds to exchange silver for them, which was something Zhu Yunying knew.

While Zhu Yunying remained silent, Wang Chengen cautiously asked, "Your Majesty, if those thugs cause trouble, should we have them punished?"

"No need. A few scoundrels can't cause any trouble." Zhu Yunying laughed and said confidently, "If those people want to cause trouble, let them. It's good to see what they're made of."

Now that the emperor had spoken, Wang Chengen naturally wouldn't presume to be clever. He knew very well how illustrious the master he served was, so he decided not to cause trouble, as that might only add to His Majesty's burdens.

It doesn't matter if those wealthy families exchange the collected paper money for silver. Let them take the real gold and silver back and bury it somewhere; Zhu Yunying doesn't need to worry about such things.

The imperial court is now confident because there is more and more silver in circulation, which means there is no need to worry about a bank run.

Moreover, this is not being implemented nationwide; it's just a few pilot programs. The imperial court has already prepared enough silver to deal with such situations at any time.

After all, a thorough investigation had been conducted beforehand, and everyone was already aware of the exact amount of paper money to be issued. What was said in court was not just empty talk; the court would actually act according to this system.

If you want to build sufficient public trust, you must be prepared to deal with crises. Once you get through such a crisis, it will naturally mean that public trust has begun to be established.

It was just a small test, and Zhu Yunying didn't care about it at all. He was very confident and even enjoyed watching the show, waiting for some clowns to jump out and cause trouble for the court.

Many people are waiting, and regardless of their motives, the bank's implementation has indeed captured the attention of many.

Whether someone is a clown or not, Zhu Yunying didn't care at all. He was the emperor who possessed the wealth of the entire country, and the economy of the Ming Dynasty was becoming increasingly healthy. To Zhu Yunying, such trivial matters were nothing.

This crisis is not actually a crisis at all; it is simply a demonstration of the Ming Dynasty's financial strength!