Bachelor

Chapter 132 World Trends

It turned out that according to Sun Dan's prior arrangement, there was only one tael of silver in the treasury, and only one tael of silver was issued on the market. In this way, even if there was a run, he could deal with it calmly.

Sun Dan has never been in touch with finance before, and his knowledge in this area is limited to the fragments he read in books. He has no idea how to operate in the actual process.After writing out a general plan, I threw it to Sun Jia and asked her to operate it by herself.

Lu Bing's Lu family is naturally full of talents, and all of them are ghosts who have been in business for many years.But things like money tickets are still unfamiliar to everyone, and everyone is crossing the river by feeling the stones.When it comes to making entities, all of them are experienced in this way, as smart as monkeys; but things like money tickets have already involved capital operations, and for them, their previous experience is useless.

In the establishment of the Lu Family Bank this time, apart from Wang Fu, Lu Family and Shopkeeper Huang each holding some shares, Sun Dan also holds [-]% of the shares.For the rest, Lu Bingben planned to invite two more firms to participate.But Sun Dan believes that these two companies hold too many shares in the bank, which is not conducive to the management of the bank.This sentence reminded Lu Bing that after he got down, he brought in six more firms and divided the remaining shares much thinner.

Now, the palace is far away in Hubei, and Lu Bing and shopkeeper Huang have other important matters and do not participate in the management of the bank.Therefore, Sun Dan was entrusted with all affairs of the bank.Sun Dan is also a calm person, so he invited Sun Jia over and asked her to be the treasurer of the bank.

The major shareholders didn't care about anything, and Sun Jia virtually became the No. 1 of this huge financial group.

She is also a person who dares to think and do things, plus she has a natural sense of finance. As soon as she took office, with the help of the old man of the Lu family, she exploded with amazing strength and managed a bank in an orderly manner.

After reading the statement written by Sun Dan, Sun Jia was amazed, and then raised his own opinion: Is the reserve fund too much? It is too conservative to issue a note for one tael of silver.As far as the current capital is concerned, there are no ten or seven or eight firms with the same economic strength as the Lu family. There is nothing magical about a new thing like a bank.If we were too cautious at the beginning, we would not be able to occupy the entire market with Lu family banknotes as soon as possible. Once other companies join in, several kinds of banknotes will be circulated in the market at the same time, and we will encounter a bank with a lot of credit , As a result, everyone's banknotes will become the second kind of treasure banknotes, which will be rejected by everyone.Therefore, we should increase the circulation from the very beginning to saturate the entire market.

Sun Jia's words reminded Sun Dan that this kind of financial capital operation does not have a sound legal system and strict credit rating. Once competitors appear in the future, vicious competition may not necessarily occur.Therefore, it is necessary to occupy the market [-]% from the beginning.This is a winner-takes-all game.

Sun Dan thought for a while and said, "It looks like we have to increase the circulation. You do the math and decide for yourself. You are my big treasurer, so you have the final say."

This time, the Lu family and the major shareholders prepared a start-up capital of 20 taels for trying to issue money bills in the capital.Sun Jia calculated for two days and came up with an accurate figure: the principal of 20 taels of silver was enough to support the money note of 200 million taels.

As a result, 200 million silver bills were quickly put on the market.

As soon as such a huge amount of financial capital was transferred in the market, the Lu family's Qianpiao soon established a good reputation.

Today, the Lu family's more than a dozen shops in the capital have been converted into money houses, and they are constantly exchanging, paying, depositing and lending day and night. The 200 million taels of silver are rolling like a wheel, and the money and interest are flowing into the pockets of several major shareholders.

Because Sun Dan didn't know much about business matters, and he wasn't very enthusiastic about it, when he met shopkeeper Huang some time ago, he asked casually: "Treasurer Huang, how is the business recently?"

Jin Jin said: "What else can I say, our family just went to check the accounts a few days ago, it's just...it's just...you don't have to do anything, the money will fly into your arms with its wings."

Sun Dan didn't care about it at the time, and since it wasn't the settlement day, he didn't ask any more questions.

It was finally the end of the month today, and Sun Jia stayed up all night with several shopkeepers and accountants of the Lu family, and finally came up with an accurate figure.It was only then that he happily ran to Sun Dan to report, and there was no intention of asking for credit or showing off in his heart.

It's a pity that Sun Dan lacks interest in business matters, and he talked to him for a long time, but he didn't mention it.

Sun Jia was disappointed, but also gritted his teeth with hatred.Finally, the little girl couldn't bear it anymore and said: "I figured it out, based on your shares, you have 430 taels of entry this month."

"Si!" Sun Dan gasped, even he had more than 6000 taels, plus he had more than 3000 taels of silver on hand, adding up to tens of thousands of net worth.Accidentally became a multi-millionaire. Only a few months after arriving in the capital, he earned a family business that ordinary people can earn in several lifetimes. Don't go too fast!
It seems that the entire bank has made at least 5 taels of profit this month.He never expected that the bank's business would be so good. This kind of profit rate was better than any other business.

When commodity capital develops to a certain extent, it will inevitably transform into financial capital. The middle and late Ming Dynasty was the burgeoning period of capitalism. The commodity economy was already very developed, and a large amount of money circulated in the market, which would inevitably trigger corresponding financial products.In fact, in the late Ming Dynasty, financial institutions similar to the modern banking industry also appeared, but the collapse of the Ming Dynasty caused this emerging capitalism to be strangled in its cradle.

In fact, the sixteenth century was one of the most important periods in human history.In Europe at the same time, with the opening of new routes and the further demand for precious metals from the development of the European commodity economy, the scope of commercial activities expanded, and the world became more and more integrated; European trade routes and trade centers were transferred from the Mediterranean Sea to the Atlantic Ocean. along the coast.

What flourished was the commodity economy, making capital shortages inevitable.At the same time, the rudiments of financial products such as stocks and securities appeared in the Netherlands to facilitate the raising and circulation of capital.

What Sun Dan is doing now is just following the trend of the world.

The trend of the world is mighty and mighty, those who follow it will prosper, and those who go against it will perish.

Everything is that simple.

A profit of 5000 taels a month will be [-] in a year.Doing finance is indeed a sharp tool for making money!
Standing in the yard and talking to Sun Jia again, the little girl brought by Sun Jia, who is called Fengxian, is not happy.During these days, she went in and out of the Lu family bank with Sun Jia, and her horizons were much wider than that of ordinary little girls.Not afraid of things, he said: "Miss, Brother Dan, it's very cold in this yard. Miss suffered from the cold last time, and her body is not yet fully recovered. If you have something to say, talk about it."

Sun Dan also said: "Yes, yes, go into the room and tell me. By the way, Sun Jia, you ran over to see me today, not just to pay an account."

Sun Jia walked towards the back room, and said, "It's the Chinese New Year, shareholders' profits need to be distributed, and everything needs to be managed. Lu Bing is as careless as you, and Huang's shopkeeper is simply an idiot. I know how he is the big treasurer of the Lu family. But when money is mentioned, this old eunuch's eyes are green, like a cat." Thinking of Jin's appearance, Sun Jia couldn't help giggling.

He said again: "In the coming year, the affairs of the bank will also be summed up. No, I even brought the account book. The bank is under your control, so naturally I want to hear your opinion."

After entering the room, Sun Dan said, "You are the shopkeeper now, and you can figure it out with the gentlemen below, and you can do whatever you want."

"You can't say that. It's your idea to build this bank. Although you don't know the details, you still have to take the big idea." Sun Jia said seriously, "I'm just a woman, if it wasn't for you If you suppress it there, the people below may not be convinced."

"Hehe, I've become a town house beast." Sun Dan joked.

"The town house... who wants you to come to town!" Sun Jia blushed, and the small freckles on both sides of her nose became more and more clear.She pretended to be tired and yawned: "I haven't slept for three days and three nights, like a boiled eagle. I sneaked from the mansion to work in the bank, and I was afraid of being discovered by my father and punished by him. Is it easy for me?"

Seeing that the little freckles on both sides of her nose were so vivid, Sun Dan couldn't help reaching out and twisting her nose: "I didn't treat you badly, tell me honestly, how much salary did you get this month?"

"How much can you have, it's just over 200 taels. After a year, 3000 taels, you, just use me as a long-term envoy." Sun Jia pretended to be very angry, and let Sun Dan tighten his grip nose.

"3000 taels, not bad." It is equivalent to the currency of later generations, more than 200 million, which is the salary of a financial executive.

At this time, Niang Zhi came over with two cups of tea, and seeing Sun Dan pinching Sun Jia's nose, she smiled and said, "Miss Sun is here, it's so cold today, come and drink some hot tea to warm yourself up." Sun Jia often comes here Sun Dan is here, Tong Zhi Niang is also familiar.In Niang Zhi's eyes, Sun Jia is just a distant cousin of Sun Dan, we are all a family, and it is normal to play around on weekdays, so I don't take it to heart.

On the other hand, Sun Jia's little maid named Fengxian looked at Zhiniang with hostility, took the teacup, and said critically: "My lady usually drinks tea in a small tureen made by the government. It’s never been used to plant a cup. Besides, when the young lady drinks tea, the first tea foam will be thrown off.”

Sun Jia frowned: "Fengxian, what are you talking about, I'm not a young lady, I can't drink any kind of tea." After finishing speaking, he took a sip from the teacup.

Sun Dan didn't notice this, and started to read the account book after receiving it.

Just as she was engrossed in watching, Sun Jia suddenly said: "Sun Dan, your house is a bit small, why don't you change it to a bigger garden. Sister-in-law manages the housework by herself, and it's quite hard work, why don't you also buy a few maids to serve her?"

"Let's talk about it later. I like small houses. There are few people in the family and the place is big. It's scary."

"It's the Chinese New Year, you should go back to the Sun Mansion on the [-]th day."

"I forgot about this. Since I am a child of the Sun family, I will naturally spend my [-]th year in the Sun residence." Sun Dan raised his face to look at Sun Jia, feeling a little headache.

PS: Ask for a monthly pass
(End of this chapter)