This telegram was quickly uploaded to the Qin State General Staff. The attitude of the General Staff was as great as that of the First Infantry Division, and they were extremely suspicious of the telegram.

"Do you think this is possible? According to our intelligence analysis, how many Qiang people can exist in that kind of place?" An intelligence staff officer looked at the telegram and said suspiciously.

"Who knows," another staff officer said.

"This matter came from the First Infantry Division, what can we do?" the intelligence staff said.

"Then put it away temporarily and wait for the next report." The staff officer suggested at this good time.

"Okay." The intelligence staff temporarily put aside this telegram that they thought was impossible. In their view, this was simply a joke. Can there be so many Qiang people? The content of this telegram can easily produce extreme results.

Big doubt. Because, according to the geographical knowledge of the Qin people, it is difficult for a large population to exist on the plateau in such a high altitude, low temperature, and hypoxic environment. And the existence of 100,000 people is almost impossible to the Qin people.

It's an impossible number. To them, it doesn't exist at all.

In this way, the content of this telegram was simply ignored. However, what Qin was concerned about at this time was not the actions of the Qiang people. These Qiang people did not yet pose a huge threat to Qin's national defense and security. The real threat came from within the country.

"According to the plan I made, the State of Qin will acquire the bonds of these banks according to the current plan of banks holding national bonds." Shangwen was sitting in a wheelchair at this time and gave the King of Qin a detailed introduction to the current plan he had formulated to acquire bonds and release a large amount of banknotes.

plan.

"But for now, the number of banks holding bonds in Qin only accounts for 21.5% of the number of bonds issued. This number is far from meeting Qin's huge demand for banknotes," Shang Wen said.

"Moreover, the number of bonds held by banks may not be able to solve the large shortage of banknotes." Naofumi said at this time.

"So, currently, we need to issue brand new bonds. The number of bonds will be very large. However, this requires the old bonds to be recovered and then put into the market. Of course, we can also use the solution of exchanging old bonds for new bonds." Naofumi.

He said while holding his report.

King Qin only listened patiently to Shang Wen's report. Only by listening patiently could King Qin understand the truth.

"However, I think that it is not suitable to issue a large number of bonds at the moment. What Qin currently lacks is paper money, not bonds. Bonds can absorb paper money and are of little use to the current tight capital liquidity." Shang Wen was obviously conflicted.

said.

In response, King Qin frowned, and it was obvious that what Shangwen said had deviated from the issues that King Qin was concerned about.

"Uh-huh." King Qin snorted at this time to prompt Shangwen to change the topic.

Shangwen heard King Qin humming and paused. Then he read his report.

Does Naofumi think what he said was wrong? Naofumi himself doesn’t know.

"Because the number of bonds held by banks is small, and we need to use banks to inject banknotes into the market," Naofumi said after looking at his report.

Thank God. Shangwen changed the topic in time this time. If he hadn't changed the subject, King Qin would have been angry with him. And Shangwen thought it was time to change the topic at this time because this was what his report should say.

"So, we need to use funds to acquire stocks, bonds and other financial derivatives of leading companies in some important pillar industries. In this way, we can help them inject funds, and at the same time, we can also complete our purpose and save the Qin State.

The current crisis." Naofumi said at this time.

"By the way. The banking industry in Qin is in chaos now. There are also continuous mergers and acquisitions going on within Qin's banks. I think Qin's banks are not just merging, they also need to be reorganized, and those capabilities and risks are higher.

The small banks were reorganized and merged into a large bank. In this way, the banking industry can safely and stably provide funds to Qin and even the entire six countries." Shangwen said at this time.

"Provide funds for the six countries?" King Qin was a little confused at this time what Shangwen meant.

"Well, what I mean is that Qin can reorganize its financial industry, and then invest a large amount of funds into the Six Nations. In this way, the economies of the Six Nations will be closely linked to Qin. While we develop the Six Nations

.On the other side, develop the six countries, use our funds to control the six countries, and finally achieve the goal of unification. In this way, we do not need to spend more funds to support the army, and then use

Using force to launch a war to unify will cost us a lot. And the cost is huge. I am afraid that Qin State cannot afford it now." Shang Wen said at this time. Of course, the current Qin State cannot support a huge war.

.The cost of war is very high. Moreover, some disadvantages still exist. Although Qin has great advantages in weapons, this cannot be solved by weapons at all.

War is a human war. Weapons are just a tool for human beings. In the end, it is people, not weapons, who resolve the war.

"Therefore, we need to strengthen economic control. Even if there are disadvantages, we can achieve our goals through economic means. If it is not possible, economic problems are also one of the best means for us to launch war." Naofumi.

He said at this time.

"Yes." King Qin reluctantly agreed at this time.

"So, is there any specific plan to rectify the bank?" King Qin asked at this time.

"Well, my idea is that Qin still needs to establish a mechanism similar to the central bank. This mechanism is to prevent such a situation from happening. The main responsibility of this mechanism is to supervise Qin's deposit reserve ratio. At the same time,

The exchange business of major banks are all integrated through this bank." Naofumi said at this time.

"This bank is best established by the state, and then the government controls the liquidity of Qin's banknotes by controlling the bank's reserve ratio. At the same time, it is to prevent such a situation from happening again." Shangwen said at this time.

"At the same time, Qin State should strengthen financial management at this time. Increase stamp duties and other transaction taxes, curb excessive financial speculation, and other measures. At the very least, Qin State should establish a mechanism such as the Securities Supervision Commission to prevent excessive speculation from affecting Qin State.

Damage to the national economy." Naofumi said at this time.

But the King of Qin was not interested in any of these. What the King of Qin was interested in was banks, because the King of Qin believed that the central bank mentioned by Shang Wen would be best served by the royal bank.

"So, how is the central bank organized?" King Qin asked at this time.

"This is controlled by the government. It is established by the government." Shangwen said at this time.

"I think this should be left to the banks to handle." At this time, King Qin took the initiative to propose.

Hearing such words, Shangwen was greatly surprised. Because Shangwen believed that the government's control capabilities should be strengthened, but he did not expect that King Qin would actually ask for the bank to handle it. Shangwen did not understand the reason.

"Qin's banks should establish a central bank according to their own wishes. The central bank must govern all banks. If only one bank is established, it may be difficult to bear the burden. Moreover, this bank must be profitable. It seems that the prime minister's bank cannot be profitable, right?" This

At that time, King Qin asked.

"This... is indeed the case." Naofumi admitted at this time.

"The State of Qin cannot support such an unprofitable bank. This bank cannot develop its business and cannot make money." King Qin refuted Shangwen's point of view at this time.

Naofumi nodded silently at this time. Naofumi acquiesced in the existence of this unprofitable bank, because according to Naofumi's understanding, the central bank is above all banks. This bank mainly controls the adjustment of deposit reserve ratio and interest rate.

.This is to control malicious competition among banks, by the government

To control the business of all banks. And, through this bank, all banking business will be communicated. Not only that, the central bank will supervise the flow of funds from all banks in Qin. In this way, the Qin government will control all bank transactions by establishing a central bank.

situation. Obviously, Naofumi's idea is more thorough.

But the King of Qin opposed such a plan. Because this plan would override the Royal Bank, which meant that the Royal Bank, Wenyang Bank, and other banks would all obey the orders of the government's central bank.

This point made the Royal Bank, which had just merged some banks, suddenly have a bigger bank rival. The King of Qin was not considering the country now, but the interests of the Royal Bank. The King of Qin owned the entire country, and the country was the private property of the King of Qin.

, However, in such a free environment, the King of Qin was unable to use these resources.

The only resources that King Qin can use are the royal bank. He controls other resources through the royal bank. From the current point of view, this is very correct, because currency is the country's largest liquid resource. These resources can control a considerable part of the country.

But the government controls the country by establishing a central bank. The most terrible thing is that the government is in the hands of the prime minister, not the king of Qin. This means that by controlling the central bank, Shangwen can control a considerable part of Qin's resources.

.This is a threat to King Qin.

The King of Qin naturally considered such a threat, so he put forward his own opinions on this plan and opposed it. At least on this point, he was firmly opposed.

But Shangwen didn't think so far. He just proposed this plan directly according to Qin's current needs. As for other things, Shangwen didn't think too much.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like