Takeshita Junichiro and the other Japanese felt very uncomfortable when they heard Xiaobei's words. It was as if she had never treated them as humans in the past.
Temporarily enduring the difference in status due to the difference in martial arts, Takeshita Junichiro humbly asked for advice, "Why do you insist on 'clothing', 'food', and 'shelter'? Are other things not enough? "
"Sure, other things are fine too. It depends on what Japan wants to exchange for Tang Dynasty's currency. To be precise, it depends on what Tang Dynasty needs the most from Japan. For example, copper. If you can be sure that our purpose of exchanging currency with you is to buy copper, you can use copper as the basis for your official currency.
The real method is to calculate the purchasing power of the currency units between the two countries and then find a balance between them. That is, the purchasing power of survival necessities and luxury goods.
But can Japan calculate the purchasing power of your own country's currency? Tang Dynasty can calculate because we have banks, as well as the final summary of the various types of goods and taxes. The problem is that we can't tell you. Even I don't know. There are very few people in my dynasty who are qualified to know. "
Xiaobei introduced a little more. She had thought of it after listening to her brother's story last night.
Takeshita Junichiro nodded in agreement. "Alright, copper it is, and silver it is."
"I suggest that you use grain as the basis of calculation. For example, your current corn is about 26 copper coins per bushel, while my Great Tang is 7 copper coins per bushel. Adding on the 20% export tax and the transportation fee of the large ship, a bushel is about 9 copper coins. One copper coin for two of your points …"
"2.889." Xiaohai directly said the number.
"Yes, two point eight point nine. Let's exchange one coin for two point eight coins. Because your country is too small, when the grains are sold in a centralized manner, there will be a process of price increase. In addition, you also need to pay for transportation. Aiya, I am really too kind to give you such a good idea."
Xiaobei shook her head and sighed, as if she had let down Tang Dynasty.
Takeshita Junichiro and the other two lowered their heads and thought about it, but they still did not understand what she meant.
Yamamoto asked embarrassedly, "Why is my country's money not valuable?"
"What do you mean your country's money is not valuable? It's copper that's not valuable, okay? So it's relatively worthless. But your copper can be sold directly to Tang Dynasty and you can buy things from Tang Dynasty, understand? "
Xiao Bei shook his head as if he was saying that they were stupid.
Some of the people accompanying them were also confused. They usually didn't study such things, so when they heard Xiao Bei talk about it, they felt that it was very profound. Only Xiao Bei knew that he had only learned a little and was only using it to scare people.
Shan Si thought for a moment and asked the question that many people wanted to ask, "Does it mean that the Tang Empire's money is relatively more valuable?"
"Why are you like this? Can't you look at the problem dialectically? How was it valuable? Compared to the price of millet in Japan, it looks like it's worth a lot, but in fact, it's not worth a lot. When millet costs seven coins a bushel, it means that the millet isn't delicious.
Our demand for millet is getting weaker and weaker. With the research of the Teranongji Temple, the production of poultry and livestock has increased. People don't need to eat too much millet, and other food sources have also increased.
To be honest, money is not valuable, but the inflation of the currency means that we have done more details on our consumption. In the past, we could buy two candied haws for one copper coin. Now, it's one copper coin or two copper coins for one. It's more convenient for us to buy them. Our income has doubled or tripled, but the ratio of income to expenditure has not changed. Of course, this is a bit by bit, not a sudden doubling.
The logic behind this was very simple. If the production unit of a certain product did not change, the price of the product would increase at a slower rate than the inflation of the currency. If the unit of currency could buy more of the product, it meant that the production unit of the product had better production technology.
Take beans for example. In the past, one bushel cost 22 copper coins, and we planted one mu of land. Now, we still plant one mu of land, and the price is 38 copper coins a bushel. But the money has doubled, and the growth of beans is slower than the inflation of the currency. What does this mean? It means that our bean production per mu has increased. Of course, it's also possible that other alternatives have appeared. Do you understand? "
Xiao Bei waved his hands and gestured like a financial master.
Some of the smarter ones understood and nodded in admiration. The stupid ones did not understand, even though Xiao Bei's example was very specific.
Takeshita Junichiro and company sighed inwardly. They were worried. Look at how impressive the child was. Wouldn't the adult behind him be even more capable? It wouldn't be easy to compete in the future.
Yamamoto gave a thumbs up in admiration and then asked, "Why do you have to focus on millet? Isn't it better to change it to something else? "
"If we change it to the rice from Hebei to the north, which ripens once a year, do you have that variety in Japan? If we change it to beans, how many can you grow in Japan? I chose millet because this is what you usually eat. Furthermore, millet in Great Tang is not a strategic variety. You can buy it in Great Tang at any time.
I'm sincerely doing this for your own good. Think about it. If Great Tang were to take 10 million strings of cash to you and buy millet after the exchange, wouldn't you be dumbfounded?
But now, we are using the value of millet to determine the currency exchange ratio. You can go to Great Tang to buy millet without any losses. At the very least, you won't starve to death. "
Xiao Bei kindly reminded them, but the words she said made the Japanese break out in a cold sweat.
Takeshita Junichiro trembled and raised his sleeve to wipe the sweat on his forehead. He took a deep breath and said, "Thank you for the reminder."
Yamamoto thought of something else and asked, "If that's the case, we will have a greater advantage if it's a one-to-one exchange."
"Then if we sell goods to you directly, the price of goods won't be one-to-one, right? Then, when we buy things from you, we will use your Japanese money to settle the bill. There are other methods. If you don't believe me, you can try them. Remember my good intentions. "
Xiao Bei curled her lips in disdain. As for what other methods they had, she did not know. In any case, she believed that her brother and sister could play the Japanese to death.
Takeshita Junichiro trembled again and looked at Yamamoto. Yamamoto had once thought that he was very smart. He had gone to Boxin County, where Zhang Xiaobao and Wang Juan were officials, to cheat and play economic tricks. In the end, he had gone through a lot of trouble and lost all the silver that he had sent to them.
Of course, he was not convinced and also tried to play tricks, but he also failed. Now that he heard Xiao Bei's words, he realized how big the gap was between them. Why didn't he know how high the sky was and how deep the earth was?
"Patrol Inspector Zhang, we are just asking. As for the final exchange ratio, it will depend on the choice of the people in the country. But I believe that Japan and your country have always maintained an unchanging friendship. What do you think?" Takeshita Junichiro said with a smile.
"Ah? Oh, you've changed your method of communication? Alright, I admit that the people of our two countries love peace. They are also full of yearning for a better life and are willing to work hard for it. This was the case in the past, and it will not change in the future. In the long river of history, many things have disappeared, and many new things have appeared. However, the friendship between our two countries has become deeper and deeper. It has settled down in the little bits of time, and it can't be washed away or worn away.
Then today, let's still watch the competition between the athletes that represent the friendship between your two countries. Let's grow in competition and deepen our understanding of each other. The sweat they shed on the field is more beautiful than the stars. Please. "
Xiao Bei saw that the other party was speaking diplomatically, so she quickly cooperated. She was most willing to say these kinds of words. This was her strength.
Takeshita Junichiro and the other two couldn't help but sigh at the same time. They really didn't know what to do with the children of the Zhang Family and Wang Family. Yamamoto gave Takeshita Junichiro a resentful look. Takeshita Junichiro felt that he was in the wrong and didn't dare to say anything.
Just now, he had a cheap mouth and insisted on talking about the friendship between the two countries. In the end, he still maintained the mentality of a child. Xiao Bei, who was showing off her economic theory, also changed her words and said a lot of useless nonsense before ending the previous topic.
If he hadn't mentioned friendship, they might have been able to understand the economic situation of Tang Dynasty from Xiao Bei. It was more reliable than the information gathered by them. The opportunity to know oneself and know the enemy had been missed. Now, they could only watch the competition. What was there to watch? Compared to learning more about Tang Dynasty's financial policy, it was more important.
*****
Today's competition in the stadium was swimming. One hundred meters, two hundred meters, five hundred meters, one thousand meters, and five thousand meters.
When everyone came to the spectator stand, Xiao Bei changed into her swimsuit and jumped down to do a figure dance. After she climbed up, she said to Takeshita Junichiro and the others, "I've tried it. The water temperature is not bad. I can get used to it very quickly."
Takeshita Junichiro nodded in appreciation. However, he thought to himself, 'Of course you can get used to water of any temperature very quickly.'
When waiting for the competition to start, he found a good thing. It was the touch board. It was the place where the swimmer touched the front. The light would immediately turn on there. This thing was very advanced. What was the reason?
As he thought about it, he said to Xiao Bei, "I wonder if we can hold a competition in our country as soon as possible, especially this swimming competition. I hope that you guys can guide the construction of the venue. It'll be good if it's the same as what you see now."
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