Joy of Life: Starting from the Prince of Zhennan in Northern Qi!

Chapter 141 The bank’s plan to take action against the Queen Mother!
The minister who spoke was stunned for a moment.

It seems, appears, probably, that Yang Xiu really didn’t say it.

Yang Xiu said coldly: "You can't even understand what I mean, and yet you jump out! This lord is already old! You should go back and enjoy your retirement!"

The minister's expression changed slightly.

"Your Highness, Prince Qi! I was anxious! Please forgive me!"

Yang Xiu snorted coldly, "Humph! Your Majesty! Merchants control a lot of wealth! But they need to spend a lot of money every year on money houses, or hire servants, which leads to these wealthy merchants keeping a lot of servants and masters at home! This is not good for the stability of our Great Qi! Now some wealthy merchants have too many masters in their hands, wasn't it the case with those noble families in the past! And it's still legal! So, I have an idea! Led by the royal family, set up a money house! Let these wealthy merchants put all their money in the money house! Let the government help keep it! On the one hand, we can use the influx of these large amounts of silver temporarily! On the other hand, it can also allow these merchants to dismiss those people they keep!"

Zhan Doudou nodded.

She thought this was a good idea.

Fang Xuanling said, "Your Majesty! If this is the case, how can we guarantee that these merchants will deposit their money in our bank? You know, there are already many banks! And they all have good reputations!"

Yang Xiu knew that Fang Xuanling did not want to refute him.

I simply don't understand, so I'm asking.

Yang Xiu said: "This is very simple! As long as the merchants put their money in our bank, we can provide some small interest!"

Fang Xuanling said, "Interest? Your Highness means that we don't charge custody fees, but give them money instead? Wouldn't we be losing money that way?"

Yang Xiu smiled and said, "Xuan Ling, you can't do it this way! Let me tell you how this model works! First, merchants put their money in us, and we give them a little interest! But we have a lot of liquid funds in our hands! As for our profit method, it is also very simple! With this money in our hands, we can use it for construction, or invest in business, and slowly make money. Secondly, we can also carry out lending business! Unlike private lending, our interest rate is lower, and we can lend money to the people! As long as there is collateral! At that time, these interests will also be one of our profits! In this way, we can make money on the one hand, and on the other hand, we still have a lot of funds in our hands! Through these funds, we can form a good cycle!"

Fang Xuanling understood: "Your Highness is very talented! I understand! However, it will be very difficult to achieve this!"

Yang Xiu nodded: "That's right! If you want these merchants to willingly put their money with us, it's not enough to just rely on the temptation of interest. You have to let these merchants truly feel the convenience of our bank! My idea is that there will be branches of banks all over the country, and merchants can run on any bank!"

Fang Xuanling said: "But in this case, we need to place a large amount of silver and money in various banks, which requires a large number of people to watch over it. Can we do this now?"

Yang Xiu said: "You hit the point! We certainly can't prevent large amounts of money from all the banks, otherwise we will be exhausted just to prevent those with ulterior motives! I have already thought about this! I made a ticket stub! Take a look!"

As he spoke, Yang Xiu took out a stack of long strips of paper from his arms.

Fang Xuanling took it.

"This is?"

Yang Xiu smiled and said, "This is the ticket I made! I am the only one who has the paper for this ticket, so it cannot be forged. There is a number of 100 on it, which means it is 100 taels, and this 100 taels can be used to withdraw 100 taels from all the banks! Merchants can also use this for transactions! They don't need to carry silver, do you think it's convenient? And they also save the money for escorts needed for long journeys!"

Fang Xuanling nodded: "It is indeed very convenient! But it is not so easy to get people to accept this thing! Even if there is a royal platform!"

Yang Xiu said: "This is very simple! As long as His Majesty agrees today, from today onwards, all stores under the Yang family will only accept this new type of ticket number as a transaction method! Over time, these merchants' concepts will naturally change!"

Fang Xuanling bowed: "I have no problem with this!" Yang Xiu looked at Zhan Doudou: "What do you think, Your Majesty?"

Zhan Doudou was studying a banknote at this time.

"This thing is similar to a silver note! However, it seems to be more convenient than a silver note! I understand what the King of Qi just said! I think the idea of ​​this bank is good! I'll leave it to you!"

Yang Xiu bowed and said, "Your Majesty! This new type of money house, I call it a bank! This thing can only be controlled by the court! In addition, I have to ask for permission to create a new department, the China Banking Regulatory Commission! It is responsible for this area, including the printing of ticket stubs, which has been controlled! Ticket stubs cannot be printed at will! There needs to be a limit!"

Zhan Doudou nodded: "Okay! I agree, I'll do as you say!"

Zhan Doudou didn’t know much about these things, but she understood one thing: she didn’t need to understand everything clearly, as long as Yang Xiu understood it, it was enough!
Yang Xiu bowed: "Thank you, Your Majesty!"

Road construction and bank matters are Yang Xiu’s two most urgent matters right now.

And the two things are linked.

After the road is built, Northern Qi will enter the fastest period of economic development.

Later, the emergence of banks will make the transition of this development period smoother.

At least I don't have to worry about money.

Then, it's time to address another matter.

Yang Xiu bowed: "Your Majesty, I have something else to ask!"

All the ministers were numb.

Why does Yang Xiu talk so much today?

Who is he going to attack this time?

A few smart ministers thought of what Yang Xiu had just said at the palace gate.

The pupils contract slightly.

Zhan Doudou also seemed to have noticed something.

"King Qi, please speak up!"

Yang Xiu nodded.

He bowed and said, "I feel that Your Majesty is now more and more pure in handling state affairs! The officials in the court are also assisting with all their heart! The court is now stable! After all, the Queen Mother is old! It's time to enjoy her old age. I really can't bear to see her working hard in the court every day! I also ask Your Majesty to agree to let the Queen Mother rest in peace in the harem from today! She doesn't have to come to the court for everything! Otherwise, if the Queen Mother is tired, it will be the fault of us as ministers!"

(End of this chapter)