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Who Has the Ownership of Incremental Printed Paper Money?

  

  On April 5th, 2010, a netizen called oldwangvv in the Economic BBS of Tian Ya said, "who has the ownership of incremental printed Renminbi?" and announced, "Any criticism would be the most appreciated!"[1] But, by 23 o''''clock on On April 23th, 2011, the number of clicks has been less than 900 times and the number of responses has been only 5 for one year. It suggests that the folks have no interests in the problem of the ownership of incremental printed paper money too.


  

  But, is it not necessary to discuss the problem of the ownership of added money?


  

  If Mr. and Mrs. Zheng use their silver and brass to coin 10 million yuan silver coins like Yuandatou which is comprised of eighty-nine percent of silver and eleven percent of brass,[2] it''s reasonable that the ownership of added money 10 million yuan belongs to Zheng Fu and Yin Hang and it is not necessary to discuss the problem.


  

  If Mr. and Mrs. Zheng stock 10 million yuan silver coins and print the silver certificates which indicate the ownership of 10 million yuan silver coins like the silver certificates printed by Shanxi Rishengchang which you can get the silver the silver certificates indicate from any counters of Rishengchang by for the convenience of circulation. So it''s reasonable that the ownership of the silver certificates belongs to Zheng Fu and Yin Hang. If Tu Ti and Shan Ben borrow the silver certificates, they should repay the principal and the interest to Mr. and Mrs. Zheng later on.


  

  But, the problem is that the added money 10 million yuan is not Yuandatou or the the silver certificates printed by Rishengchang, but paper money which cost is equal to a bolt of cotton cloth, a dan of paddies, or a stalk of log. They get the ownership of the incremental printed money 10 million yuan at such a low cost, is it reasonable?


  

  Actually, the reasons why the incremental printed paper money 10 million yuan which cost is equal to only a stalk of log can be worth a house are the social wealth have been increasing and the four families admit the value of the money. If one of the four families doesn''t admit the value of it, the incremental printed paper money 10 million yuan will be waste paper. So it suggests the incremental printed paper money 10 million yuan are created by the four families and should be the common property of the four families. It should be given to the four families averagely.



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