Original God, life in red Teyvat from scratch

Including Ningguang, they had indeed stopped focusing on this because of the failure of the [Charter Voucher].

As for other problems, Ningguang doesn’t think they are problems.

For example, the material of banknotes.

Liyue's papermaking technology is quite good, and there are quite a few paper materials that meet the requirements of being wear-resistant and not easily damaged by water.

Another example is the problem that paper money is easy to counterfeit.

Hmm. That is indeed a problem.

But there is a solution.

Produced with raw materials unique to Liyue, controlling the flow of raw materials, controlling the manufacturing process, and using exclusive dyeing techniques.

Moreover, banknotes can also be printed with numbers.

Although it may not be possible to completely eliminate them, especially when facing a technologically advanced organization like the Fatui, as long as the number is below a certain level, there will be no serious consequences.

Just strictly control the source.

As for promotion and people's acceptance, Ningguang is not very worried.

She already had an idea in mind.

That is to gradually reduce the monetary attributes of Mora and reduce the circulation of Mora.

Liyue is the commercial center of Teyvat. What if only banknotes issued by Liyue are allowed to circulate in Liyue?

What if all merchants in Liyue only accept paper money and not Mora?

She was confident she could do it.

After people have experienced not having to carry heavy murass with them, will they choose paper money or murass?

In addition to this, the paper money is pegged to Mora and can be freely exchanged for Mora, and is also guaranteed by the reputation of the [Golden House] and Liyue.

Eliminate people’s doubts as much as possible.

They just need to determine the exchange ratio with Mora.

As for issues like damage... we can wait for others to come and discuss it together.

The second is the problem of the bank itself.

There is also the issue of possible unfair competition by Northland Bank.

It is very easy to operate.

There is a [Golden House] in Liyue, so go to a place outside of Liyue.

If you bring enough banknotes outside of Liyue to exchange for Mora, the Mora you exchanged to the local bank belonging to Liyue will be emptied.

As for how to deal with it, well...

Ningguang thought about possible countermeasures.

That’s easy to say.

Reservation system for large amount exchange.

You can also add fees such as exchange fees to make up for the losses.

The most critical issue is how banks can make profits.

With interest, transportation, and labor costs being a considerable expense, how can banks make a profit?

Turn the page and continue reading.

The following are some specific operational methods.

In Jiang Ming's impression, banks are positioned to concentrate their resources on major tasks, relying on operations such as investment and loans.

For example, if there is a very good project, but the Chamber of Commerce or someone else has no money to do it, then the bank pays and the other party does it. Both parties agree on the investment ratio, and if it is successful, both parties share the profits.

For example, if Liyue wants to build a road but has no money, then it can estimate the value of the road in advance. If it is suitable, it can borrow money from the bank to build it.

After the road is repaired, the profits generated by the road will be used to repay the principal and interest.

Or for other projects with more obvious benefits, you can simply let the bank participate in the profit sharing.

There are also ways to play such as investing in shares, or something else.

For example, real estate.

Jiang Ming basically wrote down everything he knew about the operation of the bank.

Ningguang looked at the contents and indeed saw her on demand, but it was not that amazing.

In fact, many things in it already have prototypes in Liyue.

It’s just that it is not done by professional financial institutions like banks, but between families, chambers of commerce, or some other organizations.

A major disadvantage of this form is that it has a high threshold, low efficiency and a low upper limit.

The form of banks undoubtedly solves this problem.

First of all, the high threshold can be alleviated to a certain extent. From the past when people looked at relationships first and then value, they now focus more on value.

However, the mortgage issue remains to be discussed.

The second issue is cash.

There will not be huge amounts of cash stored between families and chambers of commerce. Most of it is in circulation or converted into assets. Even if there is any, each one keeps it on its own, and a single family can only take out a small amount at a time.

The bank itself covers all aspects of storage, circulation, etc.

This is a huge pool of cash.

The big things that several companies can accomplish together are not as impressive as what banks can do.

For Ningguang, the establishment of the bank is a great thing.

If she wants to do something in the future, she can reduce her dependence on those big families.

As for the operation itself, by casting a wide net and catching more fish, as long as there are no major mistakes, it should be difficult to shake the foundation.

Looking further ahead, it is about other functions and income channels of banks.

What puzzled Ningguang was that, judging from the above content, the bank’s positioning should be more of a financial service rather than a profit-making one.

Based on Ningguang's experience, those various profit-making methods are probably limited, and it is even a question whether they can support the interest on bank deposits.

The main ways to make profits are nothing more than the two mentioned above: investing and lending.

Both of these are familiar to businessmen and are often encountered.

Given the size of the bank alone, ordinary investment loans are clearly not enough to meet the needs of its operations.

All she could think of was opening up new trade routes and digging new mines.

Um?and many more!

Are these all part of expanding production?

She thought of the word productivity, which Bei had mentioned repeatedly in previous books.

In this knowledge system, productivity is seen as the source of wealth.

Therefore, the capital operations of banks should ultimately be used to develop productivity and thereby create wealth?

Is the positioning of financial services actually to serve productivity?

It seems to be a virtuous cycle.

Ningguang turned around and began to discuss further with Yamagami Hideo.

In response, Hideo Yamagami took out a bid from his briefcase.

Several Plans on Building the Liyue Power Grid and Realizing Liyue's Electrification

"Lord Ningguang, we Inazuma are the kingdom of thunder and lightning, so it is reasonable for us to master some of the power of thunder and lightning, right?"

Chapter 43: Damn it, the Emperor has crossed the sea

Ningguang looked at the proposal and then looked at Yamagami Hideo.

Look at the proposal again, and then look at Hideo Yamagami.

Besides the Eye of God, are there other ways to master the element of thunder?

"Um……"

This proposal is indeed very attractive.

From what Ningguang saw, this is a complete and mature system.

From production to transportation to use.

Power plants - power grids - electric lights, trams, electric drills, electric pickaxes, electric welding, etc.

As a country centered on mineral production, Liyue is in great need of production tools such as electric drills and electric pickaxes.

Ningguang recalled Fontaine’s clockwork mechanism.

The people of Fontaine designed a clockwork mechanism specifically for mining.

The mining efficiency is quite high and no rest is required.

Liyue was very excited back then, but in the end these clockwork mechanisms could no longer be used once they left Fontaine.

They had no choice but to give up.

Now, although they don’t have clockwork mechanisms yet, if they use things like electric drills and electric pickaxes, even if miners are still needed to work, production efficiency can be greatly improved, right?

And is it possible to use lightning as a foundation to develop something similar to the Fontaine clockwork mechanism?

Since the Inazuma people are confident that their power system can be used in Liyue, does that mean that if they develop something similar to a clockwork mechanism in the future, they can also use it in Liyue?

Even more, can Liyue learn from others and also learn about electricity, and develop it for its own use?

It has to be said that this has great potential.

There are also tram and railway systems.

Ningguang looked at the description above.

She was very familiar with trams, which could be found in some relatively fixed places where heavy objects were repeatedly transported, such as the Layered Rock Chasm and the Black Rock Factory, as well as other places like mines and factories.

It does move along the rails, so it is appropriate to call it a railway.

However, this type of car generally has great limitations, so it is difficult to see it in ordinary places.

Moreover, its own speed is limited. It relies on human or animal power to move, and it cannot push heavy loads.

The current electric locomotive plan is obviously to add the so-called electric motors to these rail cars.

Can electric motors be compared with human and animal power?

Moreover, adding an electric motor requires building a complete power supply system behind it.

According to the technical route mentioned in the current plan, both a contact network and a third rail will cost a lot of money.

If we expand it further and build the so-called railway for transportation, the rails will still cost a lot of money.

To build these things, even on a limited scale, the cost would be astronomical.

But once it is built, the benefits will be endless.

The transportation capacity will be greatly improved, the transportation efficiency will be greatly increased, the safety will be greatly increased, and the transportation cost will be reduced.

The main part is made of metal, it is heavy and runs very fast, it is truly the king among kings.

There is no need to worry about ordinary monsters.

All we need to do is arrange people to patrol the tracks regularly to prevent damage to the railways.