Genshin Impact: A Red Teyvat Life Starting from Zero

This is why the development of human society in Teyvat has been so slow.

However, for "human beings," the development of human society is still primarily driven by material productivity.

Even the gods did not affect this fundamental factor.

Even the gods cannot stop the people of Teyvat from eating, drinking, and relieving themselves.

Therefore, this system of knowledge still holds true for human society.

Jiang Ming took it out.

Having an understanding of these points will facilitate the development of further knowledge about banking.

After all, the Northern Bank's system is quite mature. If you want to take down the Northern Bank, you have to understand the bank first.

First, clarify these vague concepts and understand the essence of things, and then combine them with some specific methods.

For example, by understanding the essence of money, finance, and capital, their roles, significance, and operating methods, one can naturally and clearly understand what banks are for.

Otherwise, according to the current understanding of Liyue, a bank is just a money exchange, used for depositing money.

Knowing not only what happens, but also why it happens, is a mature practice in the insurance industry.

Ningguang had only a vague understanding of this until now, when it gradually became clearer.

It seems that the understanding of the wealthy is far ahead of mine.

She only discovered these previously overlooked connections after receiving this knowledge from outsiders.

Life is tough; I can only sigh in despair.

Chapter 40: Both Winning Over and Warning Down

During these three days, Ningguang didn't just read books.

After learning the relevant information, she felt that even without the "second volume," it wouldn't be a problem to compete with the Northern Bank.

The most fundamental things have been figured out. Based on her years of experience, the direction for how to do it is clear. The remaining specific methods can be explored gradually.

At least they can now compete with Northern Bank.

Having those readily available methods made it easier for her to get things on track quickly, catch the Northern Bank off guard, and achieve better results at a lower cost.

She believed she had made a huge profit on this deal.

Now, she needs to move around and gather some useful forces.

In Liyue, the seven stars and eight gates represent the eight major families, with each family head controlling one gate.

It hasn't changed for thousands of years.

The merchant guilds under these eight major families practically monopolize all of Liyue's lifeline.

It can be said that every blade of grass and every tree in Liyue is inseparable from these eight major families.

Now, even among the Seven Stars, eight major families are involved.

Ningguang is now very clear that once the bank is established, it will mean that Liyue's old financial system will undergo fundamental changes.

Such a major reform certainly cannot ignore these eight major families; their support is essential for its implementation.

Secondly, to unify Liyue's financial power, that is, to integrate those money houses, it is also necessary to go around these eight major families.

Without exception, all the money shops in Liyue belong to these few companies.

Ordinary people simply don't have the ability to get involved in the work of a money exchange.

If Ningguang wants to do anything, she first needs to win them over.

When the Northern Bank first set foot in Liyue, they were chanting the slogan "Pay interest on deposits," but the other side didn't care.

Liyue is unlike any other country on the Teyvat continent.

This is their pride as the original Liyue people of the Rocksteady Standard.

How much wealth does Liyue possess? Can you possibly consume it all?

They still dare to pay interest? Let's see who can outlast whom!

When you're gone, my friend, and everyone's feasting, we'll definitely remember to burn a couple of sticks of fine incense in your memory.

As we all know, weakness and ignorance are not obstacles to survival; arrogance is.

When the Northern Bank overwhelmingly defeated the Liyue Bank, and the Liyue Bank had already begun a run on deposits, while the Northern Bank continued to accept all deposits, they belatedly realized what was happening.

It seems like they're the ones who will be worn down and die first.

Damn, how come the Northern Bank is so rich?!

By this time, the reputation of the Northern Bank had been thoroughly established, and it was too late for them to resort to any other underhanded tactics.

The only option is to confront them head-on.

However, the nature of money shops meant that they would either lose money or be unable to compete with the Northern Bank.

The essence of a money shop is simply a money warehouse; it doesn't have the function of "making money from money."

At best, they can only lend money, and their interest rates are nowhere near those of Northern Bank.

If Liyue's money exchange wants to be like the Northern Bank, it not only requires the eight major families to bear the expenses of personnel, storage, and premises, but also to pay interest on all deposits in Liyue.

They'll lose a fortune.

They did try to learn from the business model of the Northern Bank.

Unfortunately, the Northern Bank has been losing money in Liyue, and its business seems no different from the money shops in Liyue.

There was nothing for them to learn.

The information about the well-established Northern Bank in foreign countries is kept secret by the Fools, and the Fools are also responsible for security for business meetings and similar activities.

They couldn't get any information.

The occasional cases that surfaced left them completely baffled.

You can't learn it, and you can't beat them in a fight.

They were all thinking that they should just stop the money exchange business altogether.

That's a huge loss, who can stand it?

However, the money houses in Liyue survived.

Supported by the businesses of the eight major families and some conservative old customers who distrusted the Northern Bank, the bank operated at a loss.

Only after Ningguang's persuasion did he reluctantly agree to continue.

A businessman will not do business at a loss.

However, Ningguang, as the Tianquan Star of Liyue, cannot just focus on a small piece of meat in front of her.

We need to broaden our perspective.

Teyvat is a relatively harmonious place within the framework of the Seven Gods.

Unfair competition such as bans and sanctions between countries is very rare.

—Except for Inazuma.

Especially in a commercial city like Liyue, they wouldn't dig their own grave.

Since the Northern Bank currently employs conventional business competition methods, Liyue can only respond in the same conventional way.

We can't beat the local banks in Liyue right now, so should we just let the Northern Bank dominate?

Ningguang felt that letting the Northern Bank of the Fatui take over Liyue's financial system was something that could only be done at noon.

Because sooner or later something is going to happen.

Therefore, we need to find a way to deal with the Northern Bank head-on.

No matter how poorly the money exchange performs against the Northern Bank, it is the only force that Liyue can use.

Even a bad hand is better than nothing.

With this in mind, Ningguang stepped in to coordinate and temporarily saved the money shop.

This matter has drawn criticism from the eight major families, and Ningguang is in a difficult position.

She couldn't find a breakthrough either.

But now, a breakthrough has come knocking on our door.

Ningguang contacted them, and there was no complicated conversation, just a simple sentence.

"Those who want to be as rich as the Northern Bank, come on over."

Such a simple sentence, so beautiful and moving, is a delight to behold. All eight great families of Liyue crane their necks, glance sideways, smile, and sigh in admiration, finding it absolutely wonderful.

For businessmen, making money is the most important thing.

The Northern Bank had previously taken down Liyue Bank despite incurring huge losses, leaving a deep impression on them with its formidable financial strength.

If they hadn't known that the Golden House was in Liyue, they would have thought that the Northern Bank could also forge Mora.

Actually, this is just a simple ventilation.

Specific negotiations have not yet begun.

They were naturally willing to believe Ningguang since she was the one in charge.

This is a prestigious brand.

In short, I made the eight major families spend countless billions on me—Ningguang.

The money exchange's continued huge losses had long been a source of dissatisfaction for them, but they persisted only out of respect for Ningguang.

They felt that Lady Ningguang must have been careless in doing this.

When your luck turns, that's when you'll make a fortune.

They were all holding on, waiting for this moment.

Unexpectedly, this turn of events happened so quickly.