back to ancient times to be emperor

Chapter 760 Official Loan
After all, Lu Chengqi is not the soul of this era, he knows that the more money, the better.If a large amount of silver floods the market in a short period of time, the currency will begin to depreciate.After Lu Chengqi told this truth to Xu Chongguang, Xu Chongguang soon came to his senses: "Your Majesty means that we don't need to mine extensively for the time being? But the treasury is empty, just in case..."

Lu Chengqi smiled and said: "That's not what I mean. Silver mines should be mined and mined, but the issuance is suspended. The amount of issuance must be based on the copper coins circulating in the market, which may be [-]% higher or [-]% lower. When the big When the goods are unsalable, we should increase the issuance; when the supply of the goods exceeds the demand, we should reduce the issuance. Only in this way can we ensure that the money in the hands of the people will not be able to buy two eggs for a penny today, and even half an egg for a penny tomorrow. Great."

Xu Chongguang also knew that the little emperor seemed to have never been in contact with business, but when it came to money and silver, he spoke clearly and logically, and no one else could refute.The strange thing is that he can accurately predict every time and make the correct countermeasures.Take the copper shortage as an example, with one move of silver and gold coins, the copper shortage in the market will be revitalized.It turns out that Dashun is not short of copper coins, but that the purchasing power of copper coins is not enough for foreign countries.The little emperor issued silver coins and gold coins, and successfully solved the copper shortage through the price difference between silver coins, gold coins and copper coins.Not only that, it also makes the price of copper drop, and the price of silver and gold rise.In this way, there will be no "shortage" of copper coins as the basic currency.

This trick of "building the plank road in the open and crossing the warehouse in secret" can be called a classic.Everyone knows that silver is more expensive than copper, and gold is more expensive than silver. If there is a difference in price, why not exchange it for silver coins?When there are more and more silver coins on the market, and the price of silver has stabilized, and tends to be [-] copper coins for one silver coin, no one cares whether to use silver coins or copper coins.

This is true of silver coins, and so is silver mines, and the two are causally related.If silver coins are issued indiscriminately, exceeding the value of the commodity, they will definitely depreciate.The hands of officials are almost full of silver coins, can they not be in a hurry?So Lu Chengqi was not only doing it for the good of Dashun, but also for the sake of the pocketbooks of these officials, so he didn't issue money indiscriminately.If, like the Ming Dynasty, the excessive issuance of precious banknotes, it would be too hard to wipe their ass in the end.

Xu Chongguang seemed to understand: "Then what does His Majesty mean, should I mine silver or should I mine silver?"

Lu Chengqi nodded and said, "Not bad."

"It's just that I don't understand, what's the point of piling up the silver in the treasury without using it?"

Lu Chengqi explained patiently: "This is called a reserve, and it is also for emergencies!"

Han people like to "prepare for a rainy day" like this, and Xu Chongguang understood it when he heard it. "However, Your Majesty, there are silver mines in Weichu, Dali, Jinchi, Lin'an, and Yuanjiang in Dali today. Liangzhe Road, Fujian Road, and Guangnan East Road are also places where silver is produced. ..."

"Xu Qing don't need to worry. The supervisory departments in various state capitals are under strict supervision. No one should be so bold. Besides, there are only silver coins in circulation in the market now, and there is no bare silver in circulation. Even if they are mined, it is difficult to use them. Why not be afraid Is there?"

Lu Chengqi doesn't seem to be worried about someone stealing silver mines, because he knows that most of China's silver mines are poor mines, which take time and effort, and are difficult to refine.As for the rich mine, it must have been guarded by the imperial court, and it would be difficult for others to get close to it.

"As for the national treasury, don't worry about it. June is approaching, summer grain can be collected, and agricultural tax can also be collected. Except for a few places in Dashun this year, the weather is good, and the summer tax can be [-] to [-]% higher than usual!" Lu Chengqi estimated. Said.

Xu Chongguang nodded and said, "Thanks to Huangzhuang's action, the people on Shandong East Road were rescued this year."

Lu Chengqi smiled and said: "No, it should be the Royal Bank's great contribution. Last year, there was a severe drought on Shandong East Road in autumn and winter, and there was almost no harvest. If it wasn't for the Royal Bank's loan, how could the people on Shandong East Road resume production? Huangzhuang and the Royal Bank, but It’s all about mutual benefit, and the real contributors are also the Royal Bank.”

Xu Chongguang nodded and said: "The Royal Bank is a government loan, and the interest is much lower than that of the private loan. When the common people heard the news, they borrowed the loan for a year without even paying the interest. It’s just a mortgage.” It turns out that the Royal Bank’s loan business is repaid within one year, and there is no interest.After more than one year, only [-]% is charged.Compared with those money people who "give money", they are just like money-giving boys.

"But Your Majesty, I'm stupid. The Royal Bank opens branch offices everywhere. It costs a lot. How can it make a profit?"

No wonder Xu Chongguang didn't understand, he didn't understand that the real money making would always be in the banking industry.Lu Chengqi explained: "The Royal Bank issues a deposit check, which can be withdrawn at will, and only charges [-]% of the handling fee. Xu Qing should not underestimate the [-]% of this, the accumulation of less can make more! In addition to people's deposits and loans, it is always It is profitable. Suppose a person wants to buy a house and he has no money left, he can first mortgage the house to the Royal Bank, and it will not be too late. You will live in the house all the time, even if you pay more money, it’s easy to miss it. ? The same is true for buying land and doing business. No matter what, the Royal Bank can always make money..."

In fact, Lu Chengqi still has something to say. When the Royal Bank is deeply rooted in the hearts of the people, most of the people's money in Dashun is stored in the Royal Bank. For the sake of money, who would rebel?It can be said that Lu Chengqi's biggest game is the Royal Bank.

Xu Chongguang suddenly realized: "So, the Royal Bank always makes money and never loses money?"

Lu Chengqi said with a smile: "That's right, but I don't intend to just make money. The money from the Royal Bank is taken from the people and used for the people. After the Royal Bank turns losses into profits, this elementary school will be paid by the Royal Bank." Money is gone, although Huangzhuang is making money, it is still a bit of a struggle..."

As a student of Confucianism, Xu Chongguang agrees with the fact that everyone in Dashun can learn to read and write.

"...Not only the basic education, but also the military equipment, horses, supervisory department, etc. in the future will be funded by the Royal Bank. As for Huangzhuang, it will be responsible for the Royal University, the Royal Military Academy, the Nursing Home, the Pharmacy Bureau, and the Welfare Institute. "

Xu Chongguang was a little puzzled: "Your Majesty is saying that the Royal Bank is losing money now?"

Lu Chengqi was stunned for a moment, and then laughed loudly: "How can you make money by opening semicolons everywhere? Don't even think about getting back your money in three to five years! But Xu Qing doesn't have to worry, the Royal Bank has Huangzhuang deposits, no matter how bad it is It can last too."

Xu Chongguang nodded, he knew that the little emperor's accomplishments in money and silver were far beyond his level, so he couldn't find any faults.

"By the way, how did the monks and Taoists react to the fact that the Ministry of Rites reduced the issuance of degree certificates?" Lu Chengqi suddenly remembered something. yes.

Xu Chongguang said with a wry smile: "Although His Majesty's move is for the country, there are mixed opinions among the people. Some people applaud and praise, while others slander. But overall, it is quite stable..."

(End of this chapter)