"Old Bi, you can't do this. You are not my Li Family Zhuangzi. You have to give me the currency coupons as collateral."
Li Yi stared at Bi Gou and stretched out his hand, asking for something.
"What should I give you?" Bi Goo looked at Li Yi's hand. It was long and slender. It was suitable for playing the piano.
"Give me gold, silver, and brass." Li Yi clenched his fists.
"Why?" Bi Goo did not want to give him anything. No one had given him anything for the Li Family Zhuangzi's currency coupons in the past.
"You are taking advantage of me. You may think that the currency coupons look like 1 cent, but it is actually circulating.
Every time it circulates, there will be a tax increase. The more it circulates, the more tax it will collect.
In theory, if it circulates 30 times, the tax will be 1 cent for every 30 times, and you will be able to get your own profits.
But the cost is not the same. I need to circulate it more than 300 times before I can get my capital back.
But I did not get any tax. This is equivalent to helping you issue the currency. Think about it, right? "
Li Yi was reasonable. Someone had said that the country had lost money when they issued 1 cent coins.
In terms of manufacturing, the country had lost money. But 1 cent coins circulate over and over again, and the taxes collected will far exceed its value.
The most profitable currency was the 1 RMB coin. The wear and tear on it was much lesser than other banknotes.
Of course, the most economical currency was digital currency. The country was saving money.
Part of the cost will be transferred to the people. The people need to download the software and use the software to pay.
Mobile phones have costs, right? Traffic has costs, right?
If there were no other traffic services, each traffic would cost about 20 cents. Even if the item was 1 RMB, the additional cost would be 20%.
Unless the software used for digital currency was free of traffic. Otherwise, it would reduce the country's currency production cost and increase the country's currency's competitiveness.
The country's citizens will then pay for the traffic. This cost is considered a subsidy to the telecom operators.
As for other software, those are considered commercial activities. This is the country's activity and cannot be lumped together.
The cost of the currency issued by the Li Family Zhuangzi was higher than the face value.
If he couldn't earn it back, he would need the imperial court's financial support. Every time the currency was circulated, it had nothing to do with the Li Family Zhuangzi.
The tax revenue it generated was taken by the imperial court, so they had to give something back. Otherwise, they could forget about issuing the Tang dynasty's currency in the future, or they would be crushed to death.
Bi Goo placed the shredded scallions and meat on the dried tofu and rolled them up with his chopsticks. "According to what you said, money has always been circulating back and forth, and then the imperial court collects taxes.
In this process, there will be inflation. For the same thing, if there is a high turnover rate, it means that the currency will depreciate, right? "
Bi Goo felt that he had learned the essence of it. It turned out to be so simple.
Li Yi was still smiling. "In terms of currency, every circulation involves taxes. But the face value of the currency has not changed, so it is considered a devaluation."
"But …" Bi Goo understood and helped Li Yi say it out loud. He knew that there would be a turning point.
"The circulation of money is related to productivity and production relations. Whether or not it depreciates depends on whether or not the purchasing power of the currency on the products has decreased.
Originally, when I produced two dan of wheat per mu, a bushel of 25 coins, a dan of 250 coins.
Now that I produce four dan of wheat per mu, according to the economic law, the price will inevitably decrease. A bushel of 20 coins, a dan of 200 coins.
At this time, the currency has not depreciated, and its purchasing power has increased, even if it bears the burden of taxes in the circulation process. "
Li Yi gave the simplest example and told Bi Goo that the tax in the circulation process of the currency cannot be calculated alone.
At the same time, the change in the national productivity must be calculated. The productivity is higher than the tax in the circulation of the currency, and the currency appreciation.
"When the currency is issued with real objects as collateral, the currency will not depreciate, unless there is a natural disaster in the Tang dynasty.
But at that time, tax exemption and the imperial court's monetary support can be carried out, and the value of the currency can be balanced again.
Old Bi, don't be afraid that there will be problems with the Li Family Zhuangzi's exchange coupons. It is impossible, because I will prepare the same amount of collateral as the currency issued. "
Li Yi made it clear that the currency he issued was not a credit currency, but a non-leveraged exchange coupons with equivalent collateral.
Since they are called exchange coupons, they are exchange coupons.
It is different from the country's credit currency, which is directly linked to real objects.
Bi Goo began to scratch his head. Why is it so difficult for me to learn how to make money? How many things are involved?
"Should I give you money now? No, gold, silver, copper? "Bi Goo finally returned to normal and found the key point.
"No need, you just need to give me the same amount of tax exemption. The money saved from the tax exemption will be used to buy collateral."
Li Yi shook his head again. Old Bi, you still don't get it.
"But I have always given you tax exemption. Now I feel that I can't take your tax anymore. You are always looking for reasons to not take your money."
Bi Goo wanted to drill into Li Yi's head and learn everything Li Yi knew.
"I have something new to take out. Give this tax exemption." Li Yi nodded and whispered.
"Tell me what it is, or don't even think about it. Otherwise, this old man will kill himself on Baqiao's pillar. Do you believe me?"
Bi Goo was not fooled. He was cautious, afraid of being tricked by Li Yi.
"How can there be someone like you? You use your own life to threaten others. Why don't you just kill me? You will die anyway.
Anyone who uses their own life to threaten others is a weakling. If you are not afraid of death, why don't you drag your enemy down with you? "
"Then hurry up and tell me what it is. This old man has lived long enough." Bi Goo glared, ready to die together with him.
"When you look at the time here, you always look at the watch. It is an electronic clock. I can't give it to you, let alone sell it.
Everyone now uses hourglasses and hourglasses to time. At the same time, they look at the sun, moon, and stars.
I have something, a mechanical clock. It is a clock that is made according to the longitude and latitude of Chang 'an.
The accuracy of this clock is different in different places. It is affected by gravity and the improvement of the steel, which allows me to make the escapement.
I want to make a chime clock. When the time comes … it doesn't matter. The main thing is that it can be used to time. "
Li Yi threw out a new technological product, the clock.
It was not easy to make a clock. In addition to the steel and escapement design, the local gravity and acceleration problem also had to be considered.
In the equator and Chang 'an, the pendulum clock will have errors because the Earth is not round, but elliptical.
The Earth's autobiographical angle also has to be considered. The pendulum clock's errors will get bigger and bigger and must be adjusted.
This is easy for Li Yi to solve. He has the information to check and adjust the length of the pendulum.
"How much are you going to sell it for?" Bi Goo looked up at the electronic clock. He knew about this thing. Sometimes, he would take his own hourglass and compare it.
"I want to build a clock tower for free to help everyone determine the time. In fact, the technology of the Water Armillary Sphere is enough." Li Yi did not mention the price.
"How much?" Bi Goo did not care about other things and focused on the main point.
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