Emperor Liu Hong

() Liu Shu's statement is also true. No matter how much money the salt industry makes, it will never quench its thirst.There is no help for the Grand Canal project that is about to start now.

"How to make money?" Liu Hong was worried again, thinking about it, but there was no good way.

"Could it be another loan from the bank?" Thinking of this, Liu Hong couldn't help shaking his head, "If you can think of other ways, you have to use other ways to solve it. Loans can only be chosen after there is really no other way. Otherwise, use Follow the bank, and go to the bank if you have something to do, and how much money the bank has, I can't help but toss."

"But if you don't get a loan, where else can you get money?" Liu Hong thought about it, and suddenly came up with a way, "Since you can't get a loan directly, then try treasury bonds, print some treasury bills, and see if you can get money." Couldn't raise the cost of the project."

"Your Majesty, what are treasury bills?"

Liu Shu was curious about treasury bills, and he was even more curious about Liu Hong's thoughts.He didn't understand, what kind of things were in Liu Hong's little head?Why is he different from others, always able to come up with some new gadgets?If Liu Hong was not the emperor, he even wanted to pry Liu Hong's head open to have a look.

Liu Hong didn't know Liu Shu's thoughts, so he patiently explained to Liu Shu, "Uncle Emperor, treasury bills are national debts in a nutshell. The income from the treasury is used as a guarantee to borrow from the whole people, and when the time comes, the principal and interest will be paid back."

"Oh, that's right. I don't know much about this matter, and it's up to His Majesty to make up his own mind. I should hurry up and work on the reform of the salt industry."

Liu Shu is an honest man, and he broke into a sweat from his sudden thought.In order to prevent Liu Hong from seeing the abnormality, he quickly found an excuse and ran away.

"My ri, what a slippery head. I just couldn't make up my mind about this, so I asked you. If I could make up my mind, why would I ask you?"

The treasury bill was definitely a novelty in the Han Dynasty, and Liu Hong was not sure whether the common people would recognize it or not.After all, Liu Hong remembers that in the 80s of his previous life, the country also issued that thing.In the end, the common people didn't recognize it, so they had to forcibly distribute it.Even the people of the later generations didn't know each other, so the people of the Han Dynasty felt even more confused.

"No matter what, let's try first. Anyway, there is no other way now. If it succeeds, the problem will be solved directly."

Thinking of this, Liu Hong immediately found the person in charge of the newspaper and asked him to publicize the treasury bill.

The person in charge of the newspaper is a traditional literati.When he heard that Liu Hong would rather borrow money from the common people than raise taxes, he was moved to tears.After returning, he personally wrote several emotional articles to create momentum for the treasury bill issue.

Liu Hong's newspaper is very powerful. After several days of bombardment, almost all the people now know about treasury bills.

"Brother, have you heard? Our Majesty would rather borrow money from us than raise taxes. He is such a rare wise gentleman!"

"Isn't it? Such a majesty is really rare in a thousand years. Let us catch up, it is our luck."

"That's right, I heard that His Majesty borrowed money this time for the refugees outside the city. With such an emperor at the booth, we can be regarded as blessed and blessed."

……

Conversations like this are filled in every street and alley of Dahan.Regardless of whether they buy treasury bills or not in the future, anyway, the idea that Liu Hong is a good emperor has been deeply imprinted in their hearts.

Through the feedback information, Liu Hong learned that the publicity for this period of time has achieved good results.Even if you can't sell treasury bills in the future, you can make a good impression on the common people, and it will definitely not be a loss.

After the printing factory worked overtime, treasury bills worth tens of millions of silver coins were finally printed.

"If these treasury bills can be sold smoothly, the big man can almost solve the problem of lack of money. But I just don't know how many people buy this thing."

In every country, the largest number of people are ordinary people.And the kindest people are also these ordinary people.But these ordinary people didn't have much money, although he knew that their emperor had a good heart and issued treasury bills because there was no money in the treasury and he couldn't help the victims.But they were still afraid of raising taxes and increasing their burden, so they printed the treasury bills with the future income of the treasury as a guarantee, so as to solve the urgent need now.

However, most of them have just had enough food and clothing, and some of them have not even solved their food and clothing. In this case, what do they use to buy treasury bills?Even if you have a little money, you have to use it to support your family, and you have to save some for emergencies, and you can't buy treasury bills.

But those rich people, those who can really afford to buy treasury bills, they are not so easy to fool.Whether it is refugees or tax increases, it has little to do with them.Moreover, they have long been used to the icing on the cake, and have no interest in giving charcoal in a timely manner.Therefore, it is difficult for Liu Hong to achieve the desired effect with this treasury bill.

"Damn it, why are these people like this? They're all talkative stuff. Usually, good things are thrown out in baskets and baskets. It's good to hear. But once the real thing is said, it's all fucking wilted. "

Seeing those people who only said good things but didn't buy treasury bills, Liu Hong was very angry.

"My treasury bills are quite favorable. The interest rate is almost twice as high as the bank interest rate in the same period. And without interest, they can be exchanged at any time. There is no reason for them to only deposit for a fixed period, but Don't buy treasury bills?"

Regarding this point, Liu Hong was quite curious, and immediately sent people out to find out what was going on.

It didn't take long for the people sent by Liu Hong to figure it out.Everyone felt that he, the emperor, was definitely a good man, and the treasury bill he got was also a good thing.But those rich people have a rough estimate of the treasury income of the big man, and feel that it is difficult to repay the loan when the treasury is due, and their money, there is a high possibility that it will be wasted.Therefore, they prefer to save time deposits with relatively low interest rates rather than buying treasury bills.

The repayment ability of the treasury has been carefully calculated by Liu Hongjing, and repayment is definitely not a problem.But those people still say that, it is obvious that they have no confidence in the credibility of the imperial court.

This thing was caused by the court's lack of credibility.To solve it, it can only be solved completely through the passage of time and the imperial court slowly establishing its authority.But now, there is really no good way.

After a period of promotion, the effect of sales is still not very good.Except for those aristocratic families who took refuge in Liu Hong and bought a little bit, few others were sold.

"No, I can't wait any longer. Various projects have already started, and they are all anxiously waiting for the money. If you still hope to sell them out bit by bit, by the time you get enough money, the day lily will be cold."

In fact, Liu Hong could wait a little longer.But Liu Shu couldn't wait any longer. He could come to the palace to urge him eight times a day, so Liu Hong had no choice but to ask his big man, the Royal Bank, to buy all the treasury bills.

Buying treasury bills will definitely not lose money, and Liu Hong is absolutely not afraid of the court's repudiation.However, his purchase of treasury bills still violated his original intention.Originally, he wanted to mobilize the power of the whole people, but he didn't expect that it turned into a disguised loan in the end.