Chapter 437 Watching the Show



For example, the so-called liberalization of silver exchange meant that many wealthy families indeed possessed considerable wealth. For these people, it wasn't just about causing trouble for the imperial court; it was also an experiment.

Although the Ming Dynasty had been issuing paper money for more than ten years, and despite some initial setbacks, there had been some positive progress over the years.

Right now, everyone is calculating. If banks can really guarantee the return of those paper bills, many people will naturally see the convenience and benefits that paper money brings.

Moreover, some ambitious individuals are not actually willing to surrender easily. Just like many scholars who aspire to have more say, want to govern the world, and realize their ambitions, etc.

For many, the ideal is that of Tao Zhugong (a legendary figure known for his wealth and connections), and their aspirations extend beyond simply becoming the richest man in the land. These individuals also desire greater social standing and a better opportunity to engage in corrupt dealings between officials and businessmen…

The desire to cause trouble for the imperial court, to drain the so-called bank or to take control of it, was something many people were looking forward to.

Zhu Yunying was naturally aware of some things, but he was currently sitting on his laurels, confident in his position. He didn't believe those so-called wealthy families had any right to try and create a stir for his bank.

Zhu Yuanzhang initially forbade the exchange of paper money for silver, partly because the imperial court had relatively little silver, but also partly because of his rigid economic views.

But things are different now. Zhu Yunying has money in his pocket. The Ming Dynasty's national treasury and imperial funds, while not exactly overflowing with silver, certainly have enough reserves to allow Zhu Yunying to act freely.

Since there are sufficient savings, Zhu Yunying really doesn't need to worry about those with ulterior motives collapsing the Ming Dynasty's banking system by opening a few pilot banks at this time. Such a thing is impossible.

Looking at the documents sent by the Eastern Depot and the Embroidered Uniform Guard, Zhu Yunying smiled but didn't say much. He already had a good grasp of many things.

They're just some clowns. First of all, Zhu Yunying already has sufficient silver reserves. Moreover, in such a feudal dynasty, imperial power is supreme. Furthermore, the Ming Dynasty's imperial power is highly centralized; it hasn't been usurped.

Moreover, if Zhu Yunying were to act shamelessly, he could simply "pull the plug," making it impossible for him to discuss fairness with the emperor. Zhu Yunying didn't care about manners; as long as the stability of the empire was secure, that was enough.

Whether it's dignified or not, we can really put that aside for now. Zhu Yunying just doesn't want anyone to disrupt some of his plans. It's that simple.

Zhu Yunying chuckled and ordered Yu Xin and others to enter the palace. He handed some memorials to Yu Xin, the Minister of Revenue, so that Yu Xin could also take a look.

It seems that it's not just Emperor Zhu Yunying who appears confident; Yu Xin, the Minister of Revenue, is also quite confident. This is likely because the national treasury has a large amount of silver, which gives Yu Xin his confidence as Minister of Revenue.

As someone who assisted Zhu Yunying in managing banking affairs, Yu Xin, as the Minister of Revenue of the Ming Dynasty, naturally had a thorough understanding of the court's foundation. Those individuals had clearly underestimated the court's strength.

"Let them make a scene. It's not easy to punish these people right now," Zhu Yunying said with a smile to Yu Xin. "It's good if these people cause trouble. Let them see the strength of our Great Ming."

With sufficient strength, one can speak with considerable authority.

Not only was Zhu Yunying sitting firmly on the sidelines, but many in the court were also waiting to see some humiliation. They were naturally looking forward to seeing those self-important merchants make a fool of themselves; those people might have some wealth, but their limited perspective prevented them from recognizing the true strength of the imperial court!

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