Chapter 2151
Words:819Update:23/03/22 14:43:08
In modern times, financial sanctions were the most severe form of economic sanctions. The United States often imposed financial sanctions on other countries, and it was very unilateralist.
Ever since World War II, the US dollar successfully defeated the British pound and became the global currency overlord. In modern times, the US dollar circulating in the world was issued by the United States Congress (but Congress never had to pay it back, because it was impossible). Moreover, the world's oil settlement was unified in the US dollar, so the US dollar had the power to set the price of oil. In addition, the US moneybags had operated for hundreds of years around the world to establish a cash flow channel. Through the US dollar, they could almost achieve remote control of the global economy.
When Li Zexuan introduced Tang Yuan and established the Yanhuang Bank, his original intention was to make it convenient for the Yanhuang College's teachers and students to spend money in the College. When this currency system matured, he would promote it to the entire Lantian County, and then to the entire Tang Empire. His ultimate goal was to let Tang Yuan replace the copper coin and become the official currency of the Tang Empire. In the end, he would use the Tang Empire's prestige in the world to promote Tang Yuan to other countries and become the world's currency!
In this way, the Tang Empire's financial system would affect the entire world. At the same time, some of the inflation and economic crisis in the country could be transferred to other countries. In this way, even if the other emperors after Li Er were muddle-headed and incompetent, at least with a strong financial system, they would not be as poor as the Chong Zhen Dynasty at the end of the Ming Dynasty.
Therefore, it could be said that once Li Zexuan's financial system was established, the foundation of the Central Plains Dynasty would become even stronger. In layman's terms, even if there were a few prodigal emperors in the future, the Central Plains Dynasty would not be in danger of being destroyed by foreign races easily! Because the family's foundation would be strong!
In Li Zexuan's initial expectation, a complete and even global financial system would not be successful without the efforts of several generations, especially in ancient times when there was a lack of financial talents. Fortunately, Tang Yuan and the Yanhuang Bank received the full support of Li Zexuan and the imperial court as soon as they appeared. This starting point was much higher than what Li Zexuan had expected!
In addition, with the elites of Yanhuang College, led by Li Ke, assisting Li Zexuan in establishing the Yanhuang Bank and promoting Tang Yuan, the progress of establishing the Tang Yuan currency system was much faster than Li Zexuan's initial expectations!
Today, almost all of the Tang Dynasty's 360 states were covered by the Yanhuang Bank, and the Tang Yuan, a new currency, was being accepted by more and more people. Not only that, last year, with Li Zexuan's efforts, Li Zexuan decided to establish a Department of Commerce to develop sea trade and started frequent sea trade with the various countries in Nanyang. In the process of trade, the lack of a unified currency brought about a lot of trouble for the merchants of various countries. The merchants of various countries either exchanged gold, silver, and jewelry for goods or bartered directly. However, these two methods of settlement were not accurate and were even more inconvenient, resulting in some disputes and friction!
The appearance of the Tang Yuan completely solved this problem for the merchants of various countries. This was because this currency was not only convenient to carry around, but it was also "endorsed" by the Tang Dynasty's imperial court. The Tang Dynasty was vast and rich in resources. With the Tang Yuan, they could purchase all kinds of goods in the various states, counties, and cities of the Tang Yuan. Moreover, all the goods were clearly priced and settled with the Tang Yuan. Both parties would not be at a disadvantage, unlike in the past where they directly gave each other gold beans, gold leaves, and the like. That way of settlement was not accurate at all!
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