parentshiftbook Chapter 179: Over The Years, The Court Has Lost A Huge Amount Of Potential Taxes [Please Subscribe,
Chapter 179: Over The Years, The Court Has Lost A Huge Amount Of Potential Taxes [Please Subscribe,
[The significance of the circulation of money and commodities, the essential meaning of the existence of trading, is it really wrong to say that the physical tax collection we implement is wrong?!!]
[No, it shouldn’t be wrong. 】
[No matter how much wealth can be created through the circulation of money, commodities, and trading, in the end, those who benefit the most are still those speculative businessmen!!!]
Although Zhu Yuanzhang finally understood the meaning of what Yan Changqing said, he still did not see the true benefit to the court and the benefit to the people in the circulation process of money and commodities mentioned by Yan Changqing.
I just see more businessmen benefiting from this!!!
Therefore, he still cannot agree with the monetary tax collection method mentioned by Yan Changqing.
As for Queen Ma on the side, she only listened and remembered what Yan Changqing said. Although she could understand what Yan Changqing said, she would not think too much.
Because in Queen Ma's view, these knowledge are issues that her husband and her children should think about and ponder.
And as long as she knows what her husband and children are talking about when they talk about these topics and issues, it is enough to be able to say one or two sentences occasionally.
[Every change in the ownership relationship of money and commodities represents the occurrence of a transaction, and every occurrence of transaction will inevitably produce corresponding economic benefits!]
[So the three pieces of money are the economic benefits brought about by the transaction behind the change in the ownership relationship of the original piece of money?!!] 747
A look of enlightenment flashed in Prince Zhu Biao's eyes, and he no longer had any doubts about the origin of the three pieces of money.
[Credit transactions come first, and the economic benefits generated come later. It turns out that they are not really made out of nothing. 】
A faint look of disappointment flashed across Qin Wang Zhu Di's face. He thought there really was such a magical method of "making something out of nothing".
[However, even though this method is not a real method of making money out of nothing, if it can be thoroughly mastered and utilized, it may not be any slower than using credibility to issue banknotes to make money. 】
[After all, Mr. Yan also said that someone who can see through its essence and truly utilize it on a large scale is enough to serve as the Minister of Household Affairs of the Ten Kingdoms. 】
[Although these methods are not something I have directly seen through, but after Mr. Yan’s explanation, at least I understood it, so after rounding off, I can also be regarded as seeing through it. 】
[If I am capable enough to serve as the Minister of Household Affairs, then I must have some advantages when competing with my eldest brother and the others for the position of emperor. 】
Jin King Zhu Fan lowered his eyes slightly and began to think about how he could use this method on a large scale to create more wealth through his understanding of the nature of finance and economics.
[The essence of money is general equivalents, and the essence of general equivalents is credibility. After going round and round, it turns out that behind "making something out of nothing", there is still credibility. 】
[As long as you hold on to your credibility and don't let it collapse, you can make a steady stream of money through it. 】
【Credibility is the foundation of everything!!!】
King Yan Zhu Di secretly sighed, and once again had a deeper understanding of what Yan Changqing said: "The essence of money is general equivalents, and the essence of general equivalents is credibility."
[The predecessors and sages who wrote "Dragon Slaying Technique" are Saints, but Mr. Yan can tell the works of Saints clearly and clearly so that we can all understand them.
How can you not be called a Saint?!!]
[Even if you are not the Saint who created and perfected the "Dragon-Slaying Technique", your understanding of the "Dragon-Slaying Technique" is enough to be called the Sub-Saint of the "Dragon-Slaying Technique"!!!]
Zhou Wang Zhu Ji raised his head and looked at Chang Qing with admiration.
[If I follow what Mr. Yan said, if I can make one penny circulate in the hands of tens of millions of people, then wouldn’t I be able to obtain huge benefits of tens of millions of dollars?!!]
A flash of interest flashed in the eyes of Chu King Zhu Zhen.
At this moment, Zhu Zhen had the idea similar to Yan Changqing's previous life, that as long as each of the 1.3 billion people in the country gave him a dime, he would be a billionaire.
[I seem to understand, but I don’t seem to understand completely. 】
[But why do the father, the empress, the eldest brother, the second brother, the third brother, the fourth brother, the fifth brother, and even Zhe Liu have expressions of understanding?!!]
[If I say that I didn’t understand what I said, will I be beaten by my father?!!]
[Forget it, let’s pretend like we understand. 】
King Zhu Shu of Qi looked around and found that everyone else looked like they had a deep understanding and gained something, and he immediately put on a look of sudden enlightenment.
Seeing Zhu Yuanzhang, Queen Ma, and the princes Zhu Biao, Zhu Cang, Zhu Fan, Zhu Di and others below, they all looked like they understood.
Yan Changqing brought the topic back to the previous issue of tax collection methods (bhbd):
"As just said, money commodities can only create a steady stream of new value wealth in the process of circulation."
"The more times it circulates and the wider the scope of circulation, the more value and wealth it can ultimately create!"
"And if His Majesty's method of collecting taxes in kind is implemented, it will be equivalent to a mere monetary commodity circulation transaction between the court and the people."
"The value wealth created is only the value wealth generated by this transaction of money and commodities, thus cutting off the possibility of creating more value wealth."
"On the contrary, if the monetary tax collection method is implemented, then the people and the merchants, the people and the court, and the court and the merchants."
"The three parties have conducted at least three financial commodity circulation transactions and created at least three new values and wealth!"
“If businessmen then use the value wealth created by the transactions between people and businessmen to circulate and trade money and commodities with other businessmen and people, then more and more value wealth will be created! !!”
"And the generation and increase of these value wealth are essentially the generation and increase of the country's value wealth."
"This is why I said that His Majesty gave up the practice of unified management of national finances with copper coins, fell back to the grain standard, and used 'stone' as the unit of calculation for national finances."
"Equivalent to the previous Song Dynasty, [it was the reason for the ten major financial setbacks."
After saying this, the princes Zhu Biao, Zhu Di, Zhu Fan, Zhu Di and other princes present could not help but nod their heads in agreement.
[What Mr. Yan said is indeed reasonable. From this point of view, my father’s abandonment of using a unified currency to manage national finances is indeed a big financial setback!!!]
[Every time money commodities are circulated and traded once, a new value of wealth is generated!!!]
[If the monetary tax collection method is used, then at least three times of new value wealth will be generated between the people and the merchants, the court and the people, and the merchants and the court!!!]
[However, my father’s method of collecting taxes in kind only produced a new value of wealth!!!]
[So doesn’t it mean that the imperial court has lost new valuable wealth at least twice every year over the years?!!]
[Hiss, in other words, wouldn’t it mean that when the imperial court received one amount of money, it also lost two amounts of money?!!]
[Damn it, how much potential tax revenue has the imperial court lost over the years?!!]
[I seem to understand why Ming Dynasty has been so poor all these years under the rule of my father. It turns out that it is not without reason. 】
At this moment, although Prince Zhu Biao, Zhu Xi, Zhu Fan, Zhu Di and other princes did not say it explicitly, they all switched sides to Yan Changqing's side in their hearts.
At the same time, they all believe that the monetary tax collection method is better than the physical tax collection method, and also believe that the court's failure to use a unified currency to manage national finances is a big step backwards.
Even "filial sons" such as King Zhu Zhen of Chu and King Zhu Bo of Qi tried to calculate in their hearts how much tax-valued wealth the Ming Dynasty had lost under their father's rule over the years.
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