In Zhu Youxiao's vision, the "Ping Liao Debt" would be divided into four denominations of one yuan, ten yuan, one hundred yuan, and one thousand yuan, covering all the people of the Ming Dynasty from ordinary people to the powerful and wealthy.
The three-year term, annual interest rate of 2%, and total issuance amount of 6 million. This is in the plan, and we still need to hear the opinions of Bi Ziyan and Wu Dazhang.
Since it is named "Ping Liao Bonds", after the successful pacification of Liao, those who hold bonds worth more than 100 yuan will be able to rent land in Liaodong for farming and enjoy the lowest tax benefits.
That’s right, Zhu Youxiao planned to gradually turn “depending on grain” into a fixed national policy.
It is still the historical method. Farmers who pay taxes below ten yuan will not be subject to additional taxes, while rich households who pay taxes above ten yuan will be subject to different degrees of additional taxes based on the amount of their property.
This standard is higher than the historical five taels and can cover more people; and the additional tax on wealthy households is not a one-size-fits-all approach. At least Zhu Youxiao thought it was acceptable.
But the fat-bellied officials and gentry will definitely feel the pain. Not to mention increasing the taxes, even if they collect them as usual, they will still find ways to conceal and evade the taxes!
Well, since you are so greedy for money, then I will leave you with nothing and go to develop the border areas with empty hands.
If the emperor had some reservations before and wanted to find an excuse to deal with the gentry and bureaucrats, now he simply stopped pretending. Anyone who dared to violate or disobey the policies formulated and promulgated by the court would be dealt with harshly.
I have such a powerful army that can even defeat the Jiannu, so why can't I deal with you greedy and stupid bastards?
The idea derived from the issuance of "Ping Liao Bonds" is not limited to these. If the issuance of "Ping Liao Bonds" is successful, Zhu Youxiao thinks that it can be circulated in the market.
Perhaps not all businesses and everyone are willing to accept "Pingliao Bonds", after all, it is not a formal currency.
However, it is not ruled out that due to the successive victories in the Pingliao War, the price of "Pingliao Bonds" has risen and become a more popular bond.
Of course, the imperial court and banks could also add fuel to the fire. Opening a bond exchange or having banks conduct reverse repos are both possible approaches.
The purpose is also very simple, which is to turn paper bonds into credit currency, laying the foundation and preparing for the issuance of paper currency and its smooth circulation.
Zhu Youxiao did not write all his thoughts in the secret letter. Lao Bi and Lao Wu did not need to know too much, at least not in the short term to confuse their thinking.
Bang! The emperor was startled from his thoughts by a loud noise before he finished writing the ending. He glared and looked over with an unhappy expression.
In fact, the noise was not loud, but the emperor was too focused on the financial affairs of the Ming Dynasty, so he was unhappy because of the noise.
Fan Xiaohui accidentally dozed off and her head hit the screen next to her. When she woke up, she saw the emperor looking at her angrily.
"I deserve to die, I deserve to die." In Fan Xiaohui's impression, she had never seen the emperor like this before. She was so scared that she knelt down and apologized.
"Hmph!" Zhu Youxiao expressed his dissatisfaction with a heavy nasal sound, frightening Fan Xiaohui so much that she knelt on the ground, not daring to make a sound or raise her head.
You little bastard, you brought this upon yourself. I was just looking for a reason to "punish" you, but you brought it upon yourself.
Zhu Youxiao gathered his thoughts, finished writing the secret letter and sealed it, then stood up and walked down from the throne. As he passed by Fan Xiaohui, he said in a deep voice, "Follow me."
Fan Xiaohui got up from the ground, lowered his head and followed the emperor, feeling uneasy, not knowing how the emperor would punish him.
Should I hit you or hit you?
The emperor walked in front, with the corners of his mouth slightly raised, revealing a wicked smile.
……………………
Starting from the 46th year of the Wanli reign, the Jianlu Nurhaci "reported to heaven" in Xingjing and swore to rebel against the Ming Dynasty. Since then, bad news has continued to come from the Liaodong War, which has always shrouded the Ming Dynasty in a layer of dark clouds.
But for the people who were not from Liaodong, that was still a distant thing. Apart from the increase in taxes, it had nothing to do with their own interests.
Even if the Jianlu occupied all of Liaodong, no one would have thought that the Jianlu, with a population of only a few hundred thousand, would sweep across the world and end the Han dynasty that had been established for hundreds of years.
No one could have imagined that the chaos of war decades later would spare no one, and no one could escape the flashes of swords, the shadows of blood, the mountains of corpses and the sea of blood. Those who didn't live to see that time were another matter.
Because of this, the people in the north did not feel strongly about the war, let alone those in the south.
Therefore, many people did not understand the huge investment in the Liaodong war and the emperor's urgent desire to pacify Liaodong, but only cared about whether their own interests were harmed.
But the emperor didn't care about these things, he only cared about the safety of the country. He even cared more about the common people than the powerful gentry.
This is completely different from the emperors in history. They do not rely on nobles or scholars. Is this the true meaning of governing the world since ancient times?
But no matter how many complaints there were, or how many organized boycotts there were, they were all crushed under the supreme imperial power and the increasingly strict surveillance of the factory guards.
The factory guards are rampant, the inner court is favored, and the country is in decline and chaos...
Some people were cursing bitterly, but the Ming Dynasty's national strength had already shown signs of revival; the wars in Liaodong and the southwest were also reporting good news frequently, and victory was expected.
Curses or resentments can only be hidden in secret, but "Da Ming Forum" is the only mouthpiece that can be expressed publicly, and it is controlled by the emperor.
The articles published from time to time exposed and criticized those hypocritical students and gentry, the greedy and unscrupulous merchants and local tycoons, and the corrupt and lawless powerful bureaucrats.
Moreover, the emperor ruthlessly dismissed and exiled the "upright gentlemen" who talked about benevolence, righteousness, and morality, and spoke eloquently in normal times, but had no ideas when faced with problems. As a result, the court became peaceful and government affairs went smoothly.
This chapter is not finished yet, please click on the next page to continue reading the exciting content!
Continue read on readnovelmtl.com
