The weapon tycoon who traveled to Daqin
1173 Gold and paper money
"Yes. Keep talking." Naofumi encouraged.
"There are many foreign investment projects, and many places need money. And the profits are also huge. Not only that, the key issue in these places is that they can accept Qin's half-tael banknotes." Ying Yu replied.
"Oh." Shangwen had known this situation for a long time. The half-liang banknote was the only kind of banknote during this period. Among all countries, the only country with such strength to issue its own banknotes was Qin. South Korea once tried to issue its own banknotes.
However, their technology was not in place, and at the same time, the country's strength was far inferior to that of Qin. In the end, they had to give up the issuance of banknotes, and had to use Qin's half-tael banknotes as a last resort.
The benefits of banknotes are obvious. They are lightweight and available in various denominations. In addition, Qin’s banks of all sizes provide excellent services. Qin’s banks accept a wide range of deposits. In foreign countries, the way they absorb deposits is to sell gold and silver.
, the people of the six countries had a large amount of real gold and silver in their hands, but the Qin State used paper money. The large-scale expansion of the Qin State Bank at this time found huge business opportunities.
According to the futures prices of gold and silver in Xianyang futures of the Qin State, some simply used valuation methods to convert them into half a tael of banknotes, and then put these banknotes into their banks as their deposits. At the same time, they paid them some interest.
Qin's national strength is very strong. This also makes many people from the six countries, especially businessmen, willing to put their money into Qin's banks.
At the same time, they will get a small amount of interest. You must know that no one will give them interest before they save money. In this way, Qin's banking business has gained a firm foothold abroad. Especially in Zhao and South Korea.
, as well as the banking business of Yan and Qin countries is very good.
After Qin Bank absorbed these deposits, they started their lending business, the establishment of investment companies and the establishment of various trust companies, which greatly gave this banking business a completely new business development.
This is how Qin's funds flowed abroad.
"So, what do you do now?" Naofumi asked.
"What? How did you do it?" Ying Yu was suddenly interrupted by Shang Wen's question.
However, Shangwen had his own reason for interrupting. The reason was that Shangwen felt that Ying Yu seemed to be involved in foreign investment. Therefore, Shangwen was eager to know the result, so he asked such a topic.
"You won't use the funds from foreign investment, right?" Naofumi asked at this time.
"This, we used it. This was Xiao He's suggestion, but doing this..." Before Ying Yu could finish speaking, Shang Wen showed his surprise.
"You won't bring foreign funds to Qin, right?" Shang Wen asked at this time.
"Yes." Ying Yu confirmed at this time.
"Oh my god." Naofumi shouted in surprise at this time.
"What's wrong? There is something wrong with the Qin State. Can't we mobilize our own funds to come back?" Ying Yu asked.
"Okay." Naofumi said helplessly.
"That's right." Ying Yu said naturally.
"But, your situation really shocked me. Do you know the consequences?" Naofumi asked at this time.
"What are the consequences?" Ying Yu asked.
"Once those foreign funds are withdrawn, their countries will also be short of funds. By that time, God, you will realize how serious a disaster this situation will cause." Naofumi said at this time.
"What serious disaster?" Ying Yu asked.
"Qin's affairs will become the whole world's affairs. At that time, this mess will become increasingly difficult to clean up." Shang Wen waved his arms and said. This exaggerated body language expressed his opinion.
At this moment, the guards returned from the front.
"What happened?" Naofumi asked at this time.
"A man jumped off the building," the guard said.
"Jump off the building?" Ying Yu said.
"Well, he jumped off the building. It seems that the stock led to his bankruptcy. As he had no other option, the man committed suicide by jumping off the building." The guard said, explaining what he knew about the situation.
"Yes." Shangwen nodded seriously.
"I want to take a look." Naofumi wanted to get out of the car at this time.
"Forget it. Let's take a detour. We still have important things to do." Ying Yu said at this time.
"I want to take a look." Naofumi said at this time.
"Hurry up and head towards Xianyang Palace." Ying Yu ordered at this time.
Immediately, the guards marched towards Xianyang Palace at Ying Yu's order. Shang Wen kept looking in the direction where he jumped from the building. When the car turned, he saw a corner. The Qin police were carrying a body covered with white cloth.
There were red blood stains on the white cloth. There was also a pool of blood on the street not far away.
"Look, this is a crisis." Naofumi said to himself.
Shangwen and Yingyu arrived at Xianyang Palace. In the main hall, Shangwen saw Meng Yi who had arrived early. Meng Yi was explaining something at this time. Because King Qin was very serious at this time. This seriousness came from
In an atmosphere of self-learning.
Shangwen entered the hall with Yingyu's help. King Qin, Meng Yi and others just nodded. King Qin nodded and allowed him to sit down. Shangwen and Yingyu sat down slowly. Shangwen's legs were inconvenient. Yingyu helped Shangwen carefully.
Nod your head to show thanks.
"The biggest problem currently occurring in our Qin State is the funding problem. All major banks lack sufficient funds." Meng Yi explained at this time.
This explanation seems to be specially explained to Ying Yu and Shangwen who just came in.
"Yes." Shangwen nodded silently. Regarding this understanding, Shangwen thought it was okay.
"Hey." At this time, Yingyu moved Shangwen with his arm.
"He's right." At this time, Ying Yu nodded and whispered to Shang Wen.
"Well, let's continue listening." Shangwen said at this time.
"Qin's biggest problem right now is the lack of funds, which has caused Qin's overall economy to have insufficient currency liquidity," Meng Yi said, holding a report.
"Do you understand?" King Qin asked Shangwen at this time.
"Understood, this situation has been revealed." Shangwen said at this time. King Qin obviously wanted to test Shangwen.
"So, what measures do you think we should take to alleviate this lack of liquidity?" King Qin asked.
"The amount of our currency is insufficient to begin with, and we need a large amount of gold. Although gold and banknotes are not linked on the surface, in fact, futures have linked banknotes to gold. We need sufficient gold to print more
banknotes." Naofumi said.
"Yes." King Qin seemed to realize something at this time. He nodded and said.
"Then, we can ignore gold and print a large amount of paper money." At this time, King Qin once again expanded his financial imagination.
"Oh. No, no, no." Naofumi immediately shook his head and said.
"This will cause serious financial credit problems. You must know that paper money is based on Qin's credit. This will destroy Qin's good credit. Credit is the basis of Qin's legal system. This
It will destroy the legal basis of the Qin State. I think the gain outweighs the loss." Shangwen said at this time.
"We can print it properly." At this time, Meng Yi suggested.
"Based on the situation we have now," Meng Yi said.
"We can issue a certain number of half-tael banknotes." Meng Yi said at this time.
"Can you explain this situation?" Naofumi asked at this time.
"The situation is like this." Meng Yi said.
"Our foreign trade situation has always been very good. Gold and silver from the six countries have begun to pour into us at this time. Especially Qi and Chu. Gold from the two countries has entered our Qin State in large quantities. Although
Some gold flows back to these countries, but most of the gold remains." Meng Yi said at this time.
"In addition, we also have gold from the Yan State and the Western Regions. This gold has made our Qin State's gold reserves exceed an astonishing level in history." Meng Yi said at this time.
"This number requires an official figure. The amount of private gold exceeds our treasury. Now, we need, or can, print a certain amount of banknotes. We can sell these banknotes to banks through exchange."
Meng Yi said.
"After selling it to the bank, they can use these banknotes to greatly increase the liquidity of Qin's banknotes." Meng Yi said at this time.
"Yes, yes." Shangwen said first at this time. He thought this plan was feasible.
"We don't have much gold on hand?" Ying Yu said at this time.
"The royal family has it." King Qin said at this time. Regarding the asymmetrical answer of the father and daughter, Shang Wen said nothing. King Qin is the main beneficiary of the royal family bank. The royal family bank is the main operating institution for the expenditure and income of the king of Qin. Gold is the royal family bank.
A foundation that can be established.
But Ying Yu's Wenyang Bank is a bank that is vigorously expanding. The funds they have gathered have expanded significantly. In their view, gold has only the value of speculation and investment.
, the effect is not very big. The most important thing is that gold has no value for investment. What they have is a large number of foreign company shares and dividends of various investment ratios.
Wenyang Bank and various subsidiaries and related companies do not have large gold reserves. If Wenyang Bank follows this plan, they will lack the initiative to control capital liquidity. This is very important to Ying Yu.
, is very passive. Therefore, she actively emphasized that she did not have so much gold. In fact, she did not.
"Gold and banknotes are still linked." Naofumi said to himself at this time.
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