The Maojin knife from the late Jin Dynasty

Chapter 344 A small stock market crash

In Chang'an, a special market soon sprang up, with crackling firecrackers burning, attracting the attention of the people of Chang'an.

People curiously entered inside and began to ask, "Shopkeeper, this shop is so spacious, why doesn't it sell anything?"

The clerk in charge of the store said: "This is the stock market. Your Majesty is planning to develop the Zheng Guo Canal so that the people will have food to eat in the future. If your Majesty is as cruel as the Zhao State, then you will force the corvee, and then the Zheng Guo Canal will naturally be developed!"

Hearing this, the people in Chang'an couldn't help but turn pale, because as long as they recruited corvees, it would definitely fall on their heads.

The clerk continued, "But His Majesty is benevolent and compassionate towards the people at the bottom, so he will definitely provide food and money for the people.

But His Majesty did not have so much money on hand, so he converted the entire project of developing Zheng Guo Canal into 10 million shares, and sold 20 million shares on the market.

Each share is priced at ten cents, and each transaction must not be less than one thousand shares.

In other words, it now takes ten ounces of money to complete the most basic buying and selling transactions.

But every time you make a transaction in the stock market, you need to collect a fee of 5% as stamp duty and as a proof of transaction!

The money raised was used to distribute money and food to the people, thus building the Zhengguo Canal. "

Everyone was shocked when they heard this, because they didn't know what the purpose of buying these was.

However, the clerk continued: "If you are willing to support your majesty in developing the Zheng Bai Canal, I will buy this share. After the Zheng Bai Canal is completed, the grain harvested by the court from the Zheng Bai Canal will be distributed to each person according to his own share. If you feel that the Zheng Bai Canal is If the construction fails, just pretend that you don’t know about it!”

After the clerk finished speaking, he stopped. For a moment, everyone was a little stunned, wondering whether they should buy it.

But soon, people with high titles such as Liu Ming, Zhou Ping, Ge Xin, etc. immediately sent their servants to buy and sell.

To be honest, they don't understand what this stock market does, but they know that since it is something created by Liu Tai, no matter what it is, even if it is to support Liu Tai, they must not be left alone.

So the housekeeper of Liu Ming's family shouted loudly when he arrived: "The Marquis of Chang Guo has come to buy one million shares!"

"Wait a minute!" the clerk said, "His Majesty has decreed that anyone with the title of Marquis of Guan Nei or above can purchase up to 100,000 shares in his name. More shares are to flow into the pool for the common people and wealthy families to buy."

Hearing this, the housekeeper of Liu Ming's family was stunned, but he still nodded. If he could buy one hundred thousand shares, he would buy one hundred thousand shares first.

And with Liu Ming's steward taking the lead, other stewards also followed suit and purchased their own shares of the throne, either 100,000, 90,000, 80,000...

In this era, the most indispensable thing for military commanders is money. There is no way to confiscate homes on the battlefield, so naturally strong winds blow.

And as Liu Tai's generals came over one after another to acquire a wave of stocks, the clerk saw that the stocks in his hands were directly reduced by half.

But not long after, either the lower-class families of the Zhao Kingdom or the Hun nobles only regarded this thing as Liu Tai's protection money, but they bought it more or less in the past. They were thinking about whether they could buy it if they bought it. Save your life.

So these guys gritted their teeth and decided to buy it. However, the people who received the message in front of them bought it directly, but the people who received the message later saw that the people in front of them bought it and decisively increased the price.

However, this transaction can only be traded in the stock market, and it can only take effect after deducting the stamp duty. A lot of coins are quickly accumulated with each transaction.

At the same time, due to the pursuit of greater currency value, coins themselves were quickly eliminated due to the inconvenience of large-amount transactions, but salt stamps quickly became popular in the stock market because they were easy to carry.

However, this incident soon affected the attention of the people in Chang'an.

There was no way, because everyone thought this thing was an amulet, so the aristocratic families and the nobles were really fiercely competing for it.

After all, no one wants to have their family confiscated and exterminated because they did not buy or sell this amulet.

Anything linked to a political stance is priceless in itself.

The generals who bought and sold these shares originally just wanted to support Liu Tai, but now they saw that the shares they purchased had doubled several times in just a few days, and they couldn't help but think, why didn't His Majesty allow him to do so? Buy more for yourself!

However, this trend was quickly noticed by Chu Hui.

Chu Hui originally had no idea what the stock market was in Liu Tai's words, but now that Chu Hui noticed it, he had no idea that the so-called stock market was such a dangerous thing.

Especially when a group of aristocratic families began to come to Chu Hui to verify whether this thing was an amulet and whether he could buy or sell stocks from Chu Hui. It can be said that Chu Hui thought these people were crazy!

There was no way, as soon as the stock appeared, it was directly linked to the amulet, and the price directly increased.

But then, as people watched the stock keep growing, the original pursuit of survival turned into the pursuit of bubbles.

As the bubble inflated, it further promoted people's greed, and naturally the stock began to grow wildly.

When Liu Tai saw Chu Hui coming to talk about stocks, he summoned Zhang Song, Wen Qiao, Xi Jian, Liu Qun and others. Of course, a group of warriors were also summoned by Liu Tai and stood aside to listen. .

"Okay, because even if you are Mouyuan, you can't understand what the stock market is from my mouth, so I have to do it myself and let everyone know what this thing is!" Liu Tai said calmly.

"Your Majesty, I don't know what the stock market is, but I know that as the saying goes, things must turn in reverse. If this stock continues like this, sooner or later it will turn around. When the time comes, it will plummet. I don't know how many joys and sorrows there will be!" Chu Hui couldn't help but worry. .

"This is exactly what I want to see!" Liu Tai said calmly to Chu Hui.

When everyone present heard Liu Tai's words, their eyes widened, but they decisively closed their mouths!

Liu Tai said calmly: "After the stock market was opened, it was originally intended to raise a large amount of funds for the imperial court to use for certain funds that required a large amount of money and food support.

But in the process, some people think that the project has good prospects and invest in it, while some people see that the project has poor prospects and take action, and they are responsible for their own profits and losses.

For our court, it is just a matter of fairness, fairness and openness, and then collecting the stamp duty. "

When Liu Tai said this, he couldn't help but said to Zhang Song, "How much stamp duty have been collected so far?"

"There are already more than 100,000 yuan!" Zhang Song couldn't help but say at this moment. He had never thought that collecting taxes was so simple!

The other Zhang Song, Wen Qiao, Xi Jian, Liu Qun and others couldn't help but be stunned when they heard Zhang Song's words.

Because they had no idea that they would receive so much reasonable and legal taxes in such a short period of time, they were really amazed.

Liu Tai continued, "So, this thing is a very important tax source for the imperial court, and it is a tax source in the capital!"

Hearing this, Chu Hui, Zhang Song, Wen Qiao, Xi Jian and others all closed their mouths.

For the imperial court, controlling tax sources was a top priority, not to mention that this tax source was still under the control of the imperial court. Not to mention that this policy so far has only harmed the interests of wealthy families and Hun nobles, but is this considered a loss? This is clearly a redistribution of wealth to the defeated!

Liu Tai knew that just the word tax source was enough to move everyone.

For the court, it doesn't actually matter how much money you invest or how much profit you make from the stock market.

The important thing is that the stock market must be fair, fair and open, so people who think they have the ability will naturally jump in and play.

After all, gambling is human nature. People with money will always fall into the trap, and those who lose will just leave.

But what the court fears most is that no one will come to play and no more transactions will be conducted. Then the court's idea of ​​obtaining tax sources through constant transactions and stamp duties will naturally be discontinued.

And if anyone cuts off the tax source of the imperial court, then the imperial court will cut off your whole family.

Therefore, now that the stock market and tax sources have been established, the courtiers will naturally not object. On the contrary, they will keep an eye on this tax, maintain the steady flow of this tax, or find ways to get rid of it.

When Liu Tai said this, he turned to look at the other generals, "And you guys, I bought 100,000 shares one by one. I know your thoughts, but it's better to settle down as soon as possible.

This thing is just like gambling. The gamble is based on people's hearts, and you won't be able to get involved.

However, if big businessmen want to list their stocks here in the future, they must at least have the title of the Neihou as a guarantee before they can list their stocks.

In other words, if those businessmen want to buy qualifications from you, then you will be responsible for renewing them every five years.

However, you must ensure that the debts, assets and project profits of these businessmen are disclosed, and dividends must be distributed once a year.

Those of you who act as guarantees will receive a 5% dividend. As long as a businessman fails to pay dividends, a thorough investigation will be carried out.

If something goes wrong with the merchant, you will also be jointly and severally liable. In serious cases, the guarantee qualification will be revoked, and you will no longer be able to collect the money.

Don't put the reputation of your title on the back of a businessman. If a businessman is dishonest, just replace him with an honest one!

Otherwise, if something happens, I will come out to punish you, which will hurt our friendship! "

"Your Majesty, don't worry. If any businessman is dishonest in the future, I will personally chop him down!" Ge Xin was the first to come out.

"Leave it to Tingwei!" Although Liu Tai was pleased with Ge Xin's statement, he still urged Ge Xin to respect the law.

Others nodded when they heard Liu Tai's words, saying that they understood and would definitely be fair when doing things.

To this group of killers, what kind of thing is a businessman? How could a businessman insult the lintel of his own title?

If these businessmen dare to commit fraud when doing business, they may do it themselves before the court comes to investigate.

Liu Tai also knows the character of these guys. Capital restrained by powerful people is always better than unscrupulous capital.

At most, the powerful don't treat people as human beings.

Liu Tai continued: "In addition, you have also seen the dangers of this thing. Even if the stock has grown tenfold, if it falls by two in the future, I think it will fall below the issue price.

So don’t touch this thing yet. As for when your title can be used as a certificate for listing, it will probably take at least five to ten years.

Let the people below first perfect the rules of the stock market one by one, and then let you use this license to make heirloom money in the stock market.

As for now, the stock market generally raises money and food from good families, poor families, or Hun nobles to develop large projects, so don't get too involved! "

When the generals heard Liu Tai's arrangement, they all naturally agreed.

After all, the power in their hands is much more important than wealth, but for any military commander, they will generally instinctively pursue wealth after not fighting.

After all, what do you want to do when you pursue military power in peacetime? Now that you have listened to Liu Tai's arrangements for you and others, as long as the rules of the stock market are perfected, you and others will be able to obtain a huge source of wealth as long as their titles are still there. What else is there to say.

As all the civil and military ministers under his command were settled, they all understood Liu Tai's attitude towards this story.

Since Liu Taidu took the situation lightly, he even encouraged them to sell their stocks as soon as possible.

Naturally, they didn't hesitate at all. After going out, these guys decisively sold their stocks.

The imperial court immediately posted a corresponding notice, stating that the stock market was only for raising money and food for the construction of the Zhengguo Canal. In addition, the Chidao construction project from Chang'an to Luoyang and the canal project from Luoyang to Xingyang were listed one after another. .

The move by the court is obviously to clarify that the so-called political stance in the rumors is purely false.

Except for a few generals who escaped from high positions, the stock price of the Zheng Baiqu project kept falling again and again, just like the performance of PetroChina in the stock market crash. No matter whether it was a wealthy family or a noble of the Huns, they couldn't sell it if they wanted to.

All in all, as long as the wealth in the hands of those who participated as the final successors increased and decreased, they evaporated completely, and many people jumped directly from the Wei River.

And looking at the sight of the tall building rising and then collapsing, these generals were also trembling with fear at this moment, and even warned their sons not to go directly to participate in the stock market.

After all, although my family is not the banker, at least it is qualified to serve at the table, so I will have stable money and food in the future.

Of course, the aristocratic families left over from the Zhao Kingdom or the Xiongnu nobles also lost their teeth and swallowed them in their stomachs at this moment.

To be honest, they also hate him, but facing Liu Tai who has military power, it doesn't make any sense for them to hate him anymore.

They would rebel if they had the ability, and Liu Tai had already been eyeing the land and corvee in their hands.

Under such circumstances, some aristocratic families and Xiongnu nobles had to sell their fields or corvee services after losing a large amount of cash flow, and were acquired by Liu Tai's collective farm. Economic means were used as much as possible. , gathering wealth that originally belonged to private individuals towards the imperial court.

It can be said that Liu Tai's experiment on the stock market was perfectly confirmed with the fall of this stock market crash, which opened the eyes of the people to see what the stock market is, and then began to ask Chen Yuanda to respond to this stock market crash. Establish targeted systems so that the stock market can truly emerge smoothly in the Yanhan period.

Of course, Luoyang next door is not idle either, but what is established there is not a stock market, but a futures market.

(End of this chapter)