Before ascending to God, be a good lord

Chapter 520 517. Source of Fund

Inside the Divine Kingdom of the station, Rand and Little Cardinal found a place that looked like a conference room, and the two sat face to face and talked about various situations about the Galloping Horse Fund.

This time, the Little Red Sparrow found relevant documents from the Executive Committee of the Imperial Capital Benma Fund and the Imperial Finance Department. These documents should have been filed in the Yeqi City Finance Department. The minutes of official documents came rolling in like a flood.

As a big data expert, Little Cardinal will naturally not be frightened by these documents. Instead, she actively consulted Ben Kaur and Adaxi Zhuoqin, constantly nighting out her own big data calculation circle, and even changed the data in the control room. Part of the magic circle was able to work with Yuling and other four girls to process a large amount of data.

"For 10 consecutive years, the Benma Fund has issued various subsidies, wages, and payments, with a total of about 100 million gold coins per year. Among them, the subsidies for related members of the Benma family fluctuate around 50 gold coins.

In terms of the total amount, this amount is very huge. However, if you look carefully at the sources of funds, you can find that nearly 80 gold coins are distributed in the fund every year, including personnel salaries, special funds, and special subsidies. . "The girl was thinking very clearly when she was speaking, and she didn't stop her hands, she kept writing down important data with pen and paper.

"For example, in the fund secretariat and the executive committee, nearly half of the members are from the Fiat family. The salaries, subsidies, and education funds for these people's descendants add up to nearly 20 gold coins, but the Fiat family's more than 20 magicians Mentor Workshop also pays dividends of about 25 gold coins to the fund every year.

In other words, from a certain point of view, the Fiat family is paying their own wages to their own family members, and they even pay part of the subsidies of other family members. "

In the dream, the little cardinal can't cast spells, but when it comes to reckoning with rand, a copper coin can't go wrong.

After the girls analyzed together, Rand probably understood why Fiat had hoped to buy him with tens of thousands of gold coins a year, because this was the largest amount within his authority, and Fiat himself would have no choice if it was too big.

"The situation of other large families is very similar. If a committee member wants to provide long-term subsidies to his family members, he needs to apply for a fund investment, and then pay dividends to the fund on an annual basis. The essence of the fund is to use the dividends paid by the committee members. to pay his family members' allowances."

"Ah?" Rand probably understood the confusing operating logic of the Benma Fund.

To some extent, the Benma Fund is a so-called financial plate. Everyone just puts some specific projects into the fund pool. Although it does not create additional value, it makes the scale of the fund look very good.In the eyes of the Goddess of Wealth, the size of the entire fund is an illusory bubble, which will explode sooner or later.

"Wait a minute, if everyone doesn't lose nothing, then why do we need this fund?" Rand was a little surprised, "Isn't it equivalent to paying a sum of money to give a workshop to my son? Are you paid?"

"Yes, but because of this, your workshop has more employees in name, so that it looks bigger and can continue to attract new orders and investments." Little Red Bird nodded, "Benma Fund also hopes that new Investment applications for existing workshops, investment in new workshops will bring high returns, but in the past 10 years, there have been fewer and fewer new workshops, and the direction of all subsidies has been fixed.”

"I see, that's right." Lante nodded. In fact, after communicating with the goddess of wealth, Lante understood that the entire Galloping Horse Fund is actually a financing tool for the empire, but the goddess of wealth answered his part about the bubble , while another part is missing:
Since the fund has a lot of bubbles, how did the existing subsidies come from? After all, the Treasury Department of the Human Empire cannot really print money out of thin air. They just cast the gold coins sent by the Goddess of Fortune into the official form of the empire.

Now Little Linque has figured it out. It turns out that this fund has always been divided into two parts. One is the real subsidy-related part, which is actually a financial plate. Everyone puts money into it to support their families.

The second part is the bubble part that has nothing to do with the subsidy. This part is an illusion created by the Imperial Finance Office: this fund is very rich and can distribute a lot of money. It can not only attract investment from big nobles, but also attract young magisters Applying for subsidies, and many magister workshops have to submit accounts to the secretariat of the fund every year, the empire also masters the actual operation of these workshops.

"From this point of view, there is nothing wrong with the Galloping Horse Fund, right?" Rand thought about his logic, "Just let the people in the imperial capital and Fiat worry about the fund."

"Originally, there is no problem, but we have problems when we come here." After checking the accounts, Little Cardinal came to a conclusion, that is, the flexible funds of the Benma Fund are actually very limited, and the total amount is less than 10. million gold coins.

In fact, the staff of the Fund Secretariat and the Executive Committee are not sufficient. If 30 magicians are drawn out, there may be a big problem.

Coincidentally, the fund had already advanced nearly 20 gold coins for Rand's new magic furnace, and Rand also detained nearly 80 mages in Yeqi City.This has caused the entire fund to be unable to turn over whether it is funds or personnel.

"Why is this fund so fragile?" Rand touched his head, indicating that it was a bit bigger.

"It may be more fragile than you think. The Warcraft meat subsidy you declared to the fund before was a targeted subsidy from the Zhuoqin and Kaur families."

"I didn't expect that I would still be supported by these two families. I will give them two magic stoves in the future!" Lan Te nodded. Now he is extremely rich, and whoever gives him the favor of a drop of water is the Lord of the Magic Stove. report.

The Benma Fund was originally the inheritance of the Benma family, and later became the capital plate of the Imperial Treasury, and then became a means of financing. Now it has become a minefield with few entities but a lot of bubbles. The most fundamental reason is that the empire The productivity of the empire is completely built on a fixed number of magic furnaces. Once the potential of the magic furnaces is fully tapped, the productivity growth of the empire will completely stagnate.

Before the Emperor of God 700 years ago, an empire with a similar situation had developed alien colonies and tried to stimulate economic vitality through foreign immigration. However, the magic wave 300 years ago directly interrupted the colonization business. Can be financed through financial means.

"My lord, you should find a way to decouple the territory from the Galloping Horse Fund as soon as possible, this fund is too bad!" Little Cardinal looked at Rand, her eyes were full of worry, "And even if you raise it now, the Empire's Finance Department Not really willing to."

"The Ministry of Finance can still let me go?" Rand said with a smile, "With the foundation like this, it's enough to not tie me up."

(End of this chapter)