copy raider

Chapter 360 Loans and Banknotes

Jia Nian didn't reply immediately, but just looked at a slightly remote place.

Following his gaze, Guo Dapang came to his senses.

The two walked together to the remote place.

"Fortunately, you are still a modern person and have received a good modern education, and some things have not been figured out yet."

"what?"

"Tell me, what is money?"

"General Equivalent"

"How Money is Made"

"trade"

"stupid"

Jia Nian spat out the word heavily.

Fatty Guo was silent, and his answer was so well-regulated, how could Jia Nian be like this.

"I don't read much, I don't know"

"You're angry, aren't you?"

"Then tell me, what is money?"

"The debt relationship between the country and the people, to be precise, is an IOU and a promise"

"Really? I didn't go to college, so don't lie to me"

Fatty Guo said quietly, what does this have to do with one hundred thousand gold?It seems that there is no relationship between half a dime.

Jia Nian had a panoramic view of Fatty Guo's careful thoughts.

"You can understand it this way. In the name of the prefect of Yuzhang, I will issue banknotes with a total amount of [-] gold."

"What? Paper money?"

"It's paper money"

"Do you still want Yuzhang County? Isn't this nonsense?"

"So let me put it another way. In the name of the prefect of Yuzhang, I will find a bond of [-] gold. It will be issued to the wealthy families of the four surnames and ordinary people, and a certain amount of interest will also be given. For example, a bond with a face value of one tael can be paid after one year. Return one hundred and two coins, an annual rate of [-]%"

"It's much cheaper than the loan of the wealthy family"

Fatty Guo pursed his lips, but his heart was still very confused. It was obviously borrowed money, but why it turned into banknotes again.

Jia Nian continued talking to Fatty Guo.

"And I will use the grain income of the coming year as collateral. After the expiration, the common people and wealthy families can exchange grain and money of equivalent value at any county government in this county. These bonds can also be used as taxes to pay, but the paid Bonds have no interest”

"That's also just a two-way loop"

When Guo Dapang heard this, he seemed to understand something vaguely. Using paper bonds as money to hand over to the government really constituted a recovery mechanism.But it is undeniable that this method is very rough, and it cannot be circulated in the market at all, that is to say, it cannot become real money.

"At this time, it's up to you, Fatty Guo, to join the Lu family's engineering team and carry out large-scale construction projects in Yuzhang County. At the same time, the shops under the name of the prefect's mansion also promised that these bonds can be used as equivalent money to purchase corresponding items, so As soon as it came, it pulled up the entire market. Compared with money, paper bonds are obviously more suitable for trading, and the chaos of the world can save a lot of trouble with thin bonds. For example, robbery by bandits, and a series of matter"

"And we can also set up a bank or a bank, and all the bonds can be deposited in it and loaned to the local government. Let the government build new bridges and roads, and use tolls as collateral, which constitutes a big one. cycle"

"When the entire Yuzhang County accepts the bond, who will exchange money and grain? Just like the money in your hand, who can think of its real role at the beginning? If the time is right to abolish the money and grain standard, it will Not impossible”

Fatty Guo fell into contemplation. It is undeniable that Jia Nian's idea is really good. If it is operated properly, the benefits it can obtain will be enormous.It can even sweep the surrounding resources like a snowball, making Yuzhang County take off at an incredible speed.

"What if there is a run?"

"Are you suspecting that I issued bonds indiscriminately, which caused the economic crisis?"

"Could it be that the food and money of the Yuzhang County Mansion are worth [-] gold?"

"So this is a one-year period, and the next year's food and money are mortgaged"

"What if Yuzhang County can't receive [-] gold in grain and money for a year?"

"The house and the house are the first magic needles"

The corner of Guo Dapang's mouth twitched violently, and it was only then that he remembered why Jia Nian would say that the Lu's engineering team was here.

Following this line of thinking, Guo Dapang began to calculate.

"A house in a good location is about a few hundred gold, and a better house also costs tens of gold, that is, hundreds of thousands of dollars. As for an ordinary house, tens of thousands of dollars are needed."

"In addition to the majority of the original refugees who have nothing, there are also many branches of wealthy families. It should not be difficult for these people to buy hundreds of thousands of luxury houses a year, which means they can swallow them all at once..."

When Guo Dapang said this, his eyes widened in surprise, and there was a look of horror in his eyes.

If a luxury house is a million dollars, that is, a hundred gold, then a hundred gold is not ten thousand gold? .

For those who fled from the Central Plains, this is the first house, which is just needed.

Not only to buy, but also to buy a lot, because it symbolizes the appearance and the face of your own family.

It doesn't seem very difficult to consume bonds worth [-] yuan.

Thinking of this, Fatty Guo couldn't help but click his tongue.

"It seems that no matter where you are, real estate is a big business."

"Then do you still think that one hundred thousand gold is difficult?"

"It's not difficult, I think it's less, I should put more"

Fatty Guo swallowed a mouthful of spit with difficulty, and his whole heart began to beat violently.

Great money, this is the real big money, I haven't seen it for a while.Jia Nian actually held back a big move without making a sound.

If this matter can be done, will Yuzhang County still worry about money in the future?I'm afraid that Lu Su and Liu Ye will desperately ask him to print money.

How the ancient paper money died was not all caused by the unrestrained printing of money.

But would Jia Nian not know these lessons?Once these pits are avoided, it can be predicted how prosperous Yuzhang County will be.

"We have to eat every bite, and we have to walk step by step. At present, only one hundred thousand gold will be issued, and there will be no more, and we will never give out indiscriminately."

"No, you summoned the wealthy families of the four surnames. Even if they are willing to buy, it is impossible to buy a bond of [-] gold in one go, and they don't have so much money."

"Why sell them all? How much they are willing to buy is their business, I will not force it"

"Then what do you want to do?"

"After I summon the four surnames, you will release the news"

Jia Nian paused at this point, and looked forward.

"Some of the houses under construction are sold, and the bonds can be used to enjoy relief and the right of first purchase. In this way, they will buy the bonds first, and then use the bonds to buy houses. This is to hedge against the distrust of the prefect's office"

"Then issue the bonds to the workers who build the houses, and tell them that they can not only buy items in the shops under the banner of Yuzhang Taishoufu, but also go to the Taishoufu to exchange for money equivalent to face value, so that the bonds constitute a Cycle. Each cycle will increase the confidence of the common people and wealthy families, and at the same time, the acceptance of bonds will gradually increase.”

"After the reputation is established, the bank will be opened to carry out the lending business in the twenty counties that actually control the whole county. All the bonds deposited will get higher interest than those from the prefect's mansion. In this way, the bonds will become money."

Jia Nian explained his plan step by step.

Fatty Guo nodded again and again, and the smile on his face gradually became stronger.

Issuing paper currency in this way will be confirmed by the government after the market confirms, then all this will come naturally.

Instead of being executed by the government with powerful force, there is an essential difference between the two.

(End of this chapter)