I watched Er Chuang’s short video, and everything went numb!

【The answer is no】

【It will take time to deal with such a large amount of assets, but the financial crisis will not wait for anyone.】

【For this reason, the government can only use these properties as collateral to issue bonds, that is,"bonds"."】

【Later, this"coupon" replaced the status of metal currency and became the de facto paper currency of the Gallic Kingdom.】

【However,"index bonds" are extremely volatile because the property they are backed by is also depreciating.】

【By 1792, the notes had depreciated by 38%】

【In February of the following year, it fell below 50%】

【In August, it fell to 22%】

【This hyperinflation had a direct consequence: farmers in the Gallic country would rather let their wheat rot in the fields than accept"coupons" as a means of payment, which in turn triggered a food crisis.】

【In April 1793, the government promulgated a decree prohibiting the sale of currency (that is, the transaction between coinage and banknotes) and the coexistence of the two prices, and severely punished those who refused to accept the currency. 】

The barrage flew out:

"Printing money is addictive"

"The serious consequences of excessive currency issuance"

"Da Ming Bao Chao calls the experts directly!"

"Reply - There is no problem in using paper money to replace heavy metal currency, but people at that time in the Ming Dynasty did not have common sense in economics and did not know that the issuance of currency must have sufficient margin."

"Reply - The Ming Dynasty also printed too many treasure banknotes. The gold, silver, copper and other reserves of the national treasury could not satisfy the currency issued by the court, so currency devaluation was inevitable."

"Reply - From the eighth year of Hongwu to the first year of Yongle, Ming Dynasty banknotes depreciated directly by more than ten times."

"Reply - What's even more outrageous is that Lao Zhu never thought about the issue that treasure banknotes must be recyclable. When the people of Ming Dynasty wanted to exchange treasure banknotes into gold and silver money, the court was unable to do so because of its lack of strength. If the people cash it in, the court's credit will go bankrupt."

"Reply - Once your credit goes bankrupt, your banknotes will be ruined."

"Reply - If he knew these currency common sense, he would not issue excessive amounts of treasure banknotes"

"Reply - That’s not necessarily the case. Many people understand and will turn on the money printing machine like crazy. As a brother said before, printing money is addictive."

"Reply - In the eighth year of Hongwu, Zhu Yuanzhang issued Ming Dynasty treasure banknotes worth tens of millions of silver at one time in order to commend those heroes. It would be crazy if the currency was not devalued if it was issued indiscriminately."

"……"

……

The plane of Ming Taizu.

Zhu Yuanzhang and Zhu Biao looked at the narration subtitles and many barrages on the giant high-altitude screen with horror in their eyes.

Due to historical limitations, they are completely ignorant of this currency knowledge.

"Dad, it seems that our Ming Dynasty's precious money cannot be distributed randomly, it must be a certain amount."

Zhu Shou said to Zhu Yuanzhang solemnly.

Zhu Yuanzhang nodded.

Although he did not have the monetary knowledge of later generations, whether it was the case of the Gallic Chicken Country in the high-altitude giant screen video or the various barrage contents, they all intuitively Clearly explained the huge harm of excessive issuance of banknotes

"Boss, what is the fixed number of issuance of this treasure banknote? How to calculate? Do you understand?"

Zhu Yuanzhang asked Zhu Biao.

He vaguely understood.

Later generations said that the circulation of treasure banknotes was related to the gold, silver and copper reserves of the Ming Dynasty treasury.

But what is the specific relationship?

How to calculate it?

He didn't understand at all.

For Zhu Biao couldn't answer this question.

Let alone him, even many people in later generations who had some knowledge of numismatics were not particularly clear about how to issue currency rationally.

"Dad, I don’t know this either."

"Perhaps it means that as much gold, silver and copper as our national treasury stores, how many banknotes will be issued?"

Zhu Biao put forward the simplest and crudest guess.

Zhu Yuanzhang nodded slightly.

He also felt that it was probably the case.

……

【Another real problem is the complete collapse of the old administrative system】

【For a long time, local administrative affairs in the Gallic Kingdom have been handled by governors and civil servants appointed by the central government. Their power comes from the authorization of the King of the Gallic Kingdom.】

【Now that the king is gone, their legitimacy to continue to hold local power no longer exists.】

【Some of them directly joined the royalist rebellion and openly opposed the central government.】

【On the other hand, although the other part chose to be loyal to the government of the Republic, their administrative efficiency has been greatly reduced, and even normal tax collection has become a problem. 】

The barrage flew out:

"It's really a mess"

"The progress of history always requires paying a price"

"After all, it is a new exploration in human history"

"Taking a road that has never been traveled before, initial chaos is inevitable."

"……"

Watching the chaotic situation played out on the giant screen high in the sky.

Many emperors throughout the dynasties were not surprised.

Governing a country is not a simple and easy matter.

A group of people who have never had any experience in court have taken over the highest power in the country, so it would be strange if nothing happens.

Especially the public beheading of the Gallic Chicken King, many emperors thought it was a foolish move.

That will only completely intensify the conflict with the royalists.

……

【The last and most fatal problem is that the so-called"third level" is never a level.】

【It has internally differentiated into numerous complex interest groups.】

【The Feuillants represented the financial bourgeoisie, the Girondins represented the industrial and commercial bourgeoisie, and the Jacobins represented the small and medium bourgeoisie and some urban civilians.】

【Their political demands cannot be consistent】

【When the king is around, they can still stay together for the common good.】

【When this enemy disappears, their alliance will fall apart and even draw swords against each other.】

……

The plane of Emperor Wu of the Han Dynasty.

Liu Che once again shook his head at Louis XVI's incompetence.

As a hero skilled in political struggle, he had already thought of this just now.

The so-called"third estate" of the Gallic Chicken Country has such a large number of people that it is impossible for everyone to have the same interests.

There must be something that can be differentiated.

As long as we make good use of these different interests, we can defeat this"third level" one by one.

……

【There are so many practical problems】

【But the Gallic Chicken Country didn't have much time to slowly digest these problems, because the anti-French alliance had already arrived at its doorstep.】

【It was against this background that Robespierre rose to the top of power in the Republic.】

【Robespierre was born in the city of Arras in Gaul. His grandfather was a lawyer for two generations.】

【In 1778, he was admitted to the University of Paris to study law, and then came into contact with Enlightenment thought, especially Rousseau's theory.】

【In 1789, as a representative of the Third Estate, he went to Paris and proposed a series of bills such as supporting universal suffrage, opposing the king's veto, abolishing the death penalty, and opposing press censorship.】

【These radical ideas won him a high reputation】

【Because he himself is not close to women and is upright, he is also known as the"Incorruptible One"."】

【In 1792, when the First French Republic was established, he entered the National Assembly as the candidate with the most votes among the Paris representatives and delivered the famous speech"If the country wants to survive, the king must die." 】

The barrage flew out:

"The decapitated general appears!"

"The beheaded king who proposed the abolition of the death penalty. (laugh)"

"His intentions were good, but he lacked experience in governing the country."

"In terms of personal morality, he is indeed impeccable, and even his enemies cannot find any moral problems in him. However, as a national leader, he does have many problems."

"Reply - It is true that his personal ethics are basically perfect. He lived a poor life. He never owned his own house until his death. He was just a tenant. He lived on the salary of a member of the National Assembly. After taking power, he had no record of corruption and was not close to women."

"……"

Many ordinary people in the past dynasties looked at the giant screen in the sky and felt a little admiration for the man named Robespierre.

From a personal moral point of view, Robespierre perfectly conforms to the ancient people's perception of upright officials.

Honest officials have always been highly respected by the people of ancient China.

On the other side, many emperors in many realms throughout the ages hated Robespierre. the reason is simple.

Just because of Robespierre’s quote,"If the country wants to survive, the king must die."

This is a complete disregard for the imperial power, and is simply a sign of rebellion.

"A treasonous and unruly person!"

Many emperors angrily said

……

【In 1793, Louis XVI was executed, and European countries fearing the Gallic Revolution formed the first anti-French alliance.】

【Royalist rebellions broke out in 60 of the 83 provinces in the Gallic Kingdom. 】(To read exciting novels, go to Feilu Novel Network!)

【At this time, the Girondins in power were unable to control skyrocketing prices because they insisted on promoting the free market, triggering a civil uprising in Paris.】

…… watchingThe mixed video and video images played on the giant screen gave many ancient people throughout the dynasties an intuitive understanding of the chaos in the Gallic Kingdom at that time.

"It’s really a matter of life and death!"

Many ancient people sighed in their hearts.

At the same time, many ordinary people were confused in their hearts:

Why did the European countries unite to attack the Gallic Chicken Kingdom?

Regarding this question, many emperors in the past dynasties knew the answer.

In addition to seeking interests , , and a more important reason is to maintain the authority of the monarchy and avoid the spread of such challenges to the monarchy.

Some emperors even thought that if they were emperors of European countries, they might make the same decision.

It is not allowed for a monarch to be publicly tried and executed!

……

【Amid this internal and external troubles, Robespierre led the Jacobins to seize power.】[]

【The first thing Robespierre had to solve was the food crisis and inflation.】

【To this end, he launched extremely severe war economic politics, including closing exchanges, canceling joint-stock companies, placing price limits on food and daily necessities, cracking down on speculation offline, etc.】

【These decrees temporarily stabilized the declining currency value of the"coupons" and restored the supply of supplies in Paris.】

【At the military level, in response to the invasion of the Anti-French Alliance, he signed and promulgated Europe's first formal general mobilization order】

【Announcement: From now on until all enemies are expelled from the territory of the Republic, the people of the country are in a state of mobilization at all times】

【All young people should fight on the front lines. Those with families worked in the rear making weapons and transporting food. Women sewed military uniforms and tended to the wounded. The child is responsible for making the bandages. Old people should go to the square to encourage soldiers】

【This total war system allowed the Gallic Kingdom to gather 420,000 troops in a short period of time, directly reversing the battlefield situation.】

【By the end of the year, the Gallic Revolutionary Army had defeated the Austrian army twice and recaptured the port of Toulon from the British army.】

【The following year, the French army won a decisive victory at the Battle of Florence, and all external intervention forces were completely expelled from the territory of the Gallic Kingdom.】

【Royalist rebellions everywhere were also put down. 】

The barrage flew out:

"In extraordinary times, use extraordinary means"

"｀Provided a novice tutorial for the later Iron Father"

"Robespierre supported the Gallic Kingdom until Napoleon"

"……"

"This person is very capable."

Many ancient people in the past dynasties looked at the giant screen in the sky and admired in their hearts.

The ability to stabilize the regime and win the war despite internal and external troubles is enough to prove the ability of this man named"Robespierre".

Even many The emperor who didn't like Robespierre had to admit in his heart that Robespierre did have some abilities.

They also saw the crisis facing the Gallic Chicken Country.

Not just anyone can handle it properly.

……

【But behind each of these policies, there is huge resistance】

【The means by which Robespierre implemented these policies was the"Reign of Terror""】

【On July 13, 1793, the Jacobin leader Marat was assassinated by Girondin supporters.】

【Taking this opportunity, Robespierre reorganized the Revolutionary Court and authorized the arrest of all dangerous elements who might threaten the security of the republic.】

【These people have no chance to defend themselves. As long as they step on the revolutionary court, they are equivalent to being guillotined.】

【During the Reign of Terror, a total of 50,000 people were guillotined】

【There are many well-known scholars, social figures and senior generals among them, which has caused almost irreparable losses to the Gallic Kingdom.】

【One of the most direct consequences was that he systematically purged the naval generals of the Gallic Kingdom, laying the groundwork for the future defeat of the Gallic Kingdom's navy. 】

The barrage flew out:

"The first loving father"

"The enemies of freedom shall not enjoy freedom"

"Lavoisier, the father of modern chemistry, died at this time. What a pity."

"Big Brother: I’m familiar with this"

"……"

Many ancient people throughout the dynasties were horrified when they watched the images of groups of people being pushed onto the guillotine and executed on the giant screen.

They thought it was too cruel.

In the plane of Taizu of the Ming Dynasty, Zhu Yuanzhang looked at the giant screen, but his expression was indifferent.

In his view, there is nothing wrong with taking decisive action when killing is necessary for the stability of the country's political power.

There are many emperors who have the same idea as him in other dynasties and planes.

……

【On April 5, 1794, Robespierre's ally and Jacobin senator Danton was guillotined by his own hands.】(Nord's)

【Before the execution, Danton smiled contemptuously at Robespierre and said:"You will be next.""】

【Three months later, Dandong's words came true.】

【On July 26, Robespierre delivered a speech in Congress, stating that the enemies of the Republic must be completely eliminated.】

【Next, he accused almost everyone present】

【The uneasy MPs asked him to name his enemies, but Robespierre rudely refused.】

【On the 27th, when he came to Congress again, what awaited him was an arrest warrant passed unanimously.】

【On the 28th, Robespierre was pushed to the Revolution Square, where he ended his life in the same way as Louis XVI at the age of 36.】

【The nightmare of Robespierre has disappeared, but the nightmare of Gallic Chicken Country has not disappeared.】

"The description of Robespierre is a bit one-sided and unfair. He was not a tyrant executioner, but a person who wanted to apply the brakes. Fouche was the most cruel person."

"Reply - Agree, saying he is a tyrant is just a rhetoric made up by Fouche and other politicians after the coup to whitewash their past evil deeds."

"Reply - But Robespierre supported the Reign of Terror, and he opposed terror without virtue."

"Reply - Actually, I want to walk a middle road between the terrorist radicals and the tolerant faction."

"Reply - You can read the content of Robespierre's last parliamentary speech. He is really not a tyrant."

……

Looking at the giant screen in the sky, a thought flashed through the minds of many ancient people:

"As soon as the foreign enemies retreated, civil strife began."

The struggle for power and gain is always inevitable.

……

【After the fall of the Jacobins, the price limit order was abolished, and the"notes" were directly devalued to 3% of their face value.%】

【what does that mean? I believe everyone knows it well】

【Paris started an uprising again, the anti-French alliance started a counterattack again, and the royalists started a rebellion again.】

【The Gallic Chicken Country desperately needs a new leader to save the day】

【At this moment, the protagonist of our story today: Napoleon, appears.】