nashuaworldcup Chapter 387 Debate
Chapter 387 Debate
Since those people wanted to get something for nothing and use the abolished copper coins to exchange for new currency, Gu Jingzhi didn't mind cheating them.
Although both the old copper coins and the new coins are essentially copper coins, the new coins are based on gold and silver, while the old copper coins are just copper coins.
If we let them take advantage of the loophole in the new currency exchange and get a pile of scrap metal in return, it would be a waste of time and effort.
After hearing this, Qu Feiyan shook her head secretly.
It is really not easy for a noble family to play tricks in front of their own young master.
The noble family thought they could exploit the loophole to harm their own son, but they didn't know that people had already been prepared for their trick. By then, the noble family had worked hard to open a mine, and then spent manpower and material resources to mint a bunch of old coins, and then painstakingly took them to the bank, but the result was...
The new policy has come out.
Qu Feiyan thought that Gu Jingzhi's move was just to disgust those aristocratic families, but she didn't know that Gu Jingzhi planned to use this incident to completely defeat the aristocratic families in the capital.
……
Time flies like an arrow.
Half a month passed quickly in the busy schedule. Just yesterday, a large number of old copper coins appeared in all the banks in Daxia at the same time, intending to exchange them for the new currency.
However, the banks had already made preparations. When they saw a large number of old copper coins appear, banks across the country immediately announced that due to the recent surge in new currency exchange business, the banks stipulated that each person could only exchange a maximum of 100 new currencies per day.
Those noble families who tried to take advantage of the loopholes were immediately dumbfounded.
Having suffered such a huge loss, the aristocratic families certainly refused to give up. They had spent so much energy and resources to obtain so many old copper coins, but they were restricted from exchanging them.
A hundred words a day...
If they continue to change like this, they will never be able to finish changing in their lifetime.
Even if they bribed the civilians and won by sheer numbers, it would only be a drop in the bucket.
Moreover, the frequent occurrence of such phenomena would probably arouse the bank's vigilance. After all, these people have been trained by Gu Jingzhi and Gu Yunzhi, and if they really did this, it would definitely cause trouble.
Therefore, at the court meeting that day, many officials simultaneously impeached the Great Xia Royal Bank for changing its policies every day, ignoring the interests of the people, and privately changing the new currency exchange rules, which was suspected of violating the new currency laws.
For this reason, Emperor Xia looked at Gu Jingzhi with a serious expression.
He said seriously, "Mr. Gu, is what the officials said true? Did the Great Xia Royal Bank really temporarily change its new currency exchange policy?"
Emperor Xia was a little worried. He had no idea what Gu Jingzhi was doing. It was he who came up with the new currency law. If he violated it, it would undoubtedly be a major blow to the issuance of the new currency.
After hearing this, Gu Jingzhi stood up expressionlessly and said, "Your Majesty, the Royal Bank has indeed issued new rules for currency exchange! This move is also a helpless one, Your Majesty."
When the officials who impeached Gu Jingzhi heard this, they immediately became excited.
"Marquis Xiling, you are supposed to be in charge of issuing the new currency, and we have no right to interfere. However, the court has previously stipulated, and the Great Xia New Currency Law also states that to protect the interests of the people, old currency can be exchanged for new currency at a proportional rate. But you are now doing this. Isn't this harming the interests of the people?"
"Marquis Xiling, everyone knows that before the new currency was issued, you always prioritized the interests of the people. Why, now that you've failed to do your job properly, do you claim it's a last resort? Can we doubt that this is entirely due to your incompetence?"
"Your Majesty, the Marquis of Xiling has committed atrocities and disregarded the interests of the people. I believe he deserves severe punishment..."
"His Majesty……"
Once there is a first thing, there will be a second. When everyone started talking, those who had ulterior motives became agitated.
Some people even clamored to remove Gu Jingzhi from his position as the first president of the Daxia Royal Bank.
Gu Jingzhi listened without changing his expression.
Emperor Xia also looked at him indifferently: "Gu Qing, don't you want to explain?"
"His Majesty!"
Gu Jingzhi folded his hands and said, "I cannot bear the consequences of what my colleagues have said."
"The new currency law does indeed stipulate that old currency must be exchanged for new currency. However, the law never specifies the exchange amount. In other words, as long as the bank doesn't refuse the exchange, there's no violation of the law!"
"As for the exchange amount, that's entirely up to the Royal Bank!"
Gu Jingzhi looked at those people with a smile and said, "I wonder if what I said is right?"
What the hell...
Those officials were all stunned when they heard for the first time that the legal provisions could be interpreted in this way.
After a while, someone suddenly shouted, "Gu Jingzhi, you are toying with the people. If everyone follows your example, the court will sooner or later lose the support of the people. Where do you put the people? And where do you put Your Majesty?"
"So, according to this lord, no matter how many old copper coins there are among the people, as long as they bring copper coins, the bank has to exchange them, right?"
Gu Jingzhi asked with a smile.
The man raised his head and said, "Of course!"
Gu Jingzhi laughed again: "But it takes time to mint currency. Now the people are very optimistic about the new currency. The amount of currency exchanged every day is huge. What if there is not enough new currency?"
"Hmph! That's the fault of Marquis Xiling's incompetence! How can we restrict the people because of it? What if the people are in urgent need of money but don't know what to do?"
"hehe!"
Gu Jingzhi laughed and said, "One hundred coins a day, how much money can an ordinary family spend in a day?"
"As the saying goes, fortune and misfortune can happen to everyone at any time. How could the Marquis of Xiling know otherwise?"
Those people were not willing to be outdone and asked, "If a commoner falls ill and urgently needs more than a hundred coins, but the bank refuses to exchange them, and someone dies as a result, wouldn't the Marquis of Xiling be held responsible for his disregard for human life?"
"Besides... even if you, Marquis of Xiling, are punished, it will damage the reputation of the imperial court and harm the interests of the people. Marquis of Xiling... I don't know how you will respond."
"Also, I heard that the new rules of the Great Xia Royal Bank regarding the exchange of 100 Wen coins only apply to the exchange of old copper coins. For those who exchanged gold and silver, why didn't the bank say that there was not enough money?"
"Marquis Xiling, I wonder what your interpretation of this is?"
……
Good heavens, if he hadn’t been prepared, he would have been caught in this trap.
Fortunately, he had already taken these into consideration when he exercised the final right of interpretation.
He smiled and said, "Your Excellency is right. The interests of the people are paramount. Therefore, when new regulations are introduced, our Great Xia Royal Bank will also have regulations. Anyone who urgently needs money exceeding the daily quota will be treated with full proof, and the Royal Bank will not delay."
"For example, if a sick citizen urgently needs medical treatment and the cost exceeds the daily exchange rate, the bank must provide the citizen with the full exchange rate, respecting the right to life as the primary right of the citizen."
"I don't know..."
"Can my words resolve your doubts?"