Quickly wear salted fish, she won by lying down

Chapter 626 The Queen 4
The interest rates for borrowing money in other places are scary and can double every year. Unlike the Royal Bank, where the interest rate is only 7% a year, you can borrow money from the Royal Bank and then lend it out to make money.

Not to mention that the Dayan Bao banknotes cannot be used outside, you can exchange the supplies at the Royal Bank, sell them in the market, and exchange them for traditional gold, silver, and copper. Then you will have money.

If each bank hadn't reviewed their financial situation and had a lending limit, they could have borrowed more.

It's ridiculous that those fools in the bank actually lent them money and let them exchange it for supplies.

Although the supplies in the bank are slightly more expensive than the average price outside - this is naturally to prevent people from reselling food - but they are redeemed with waste paper Dayan Bao banknotes. After they are redeemed, they can be used at a slightly lower price in the market. If you sell it and exchange it for gold, silver and copper, you can still make money by lending it to others.

When they make money, if they don't have any precious money to return to the bank, they can return it to the bank with gold, silver, and copper. After all, banks accept gold, silver, and copper.

Of course, the bank still has to pay back the treasure banknotes on the surface. However, if there is no treasure banknotes, you can first give the gold, silver and copper to the official. The official will give the treasure banknotes to the borrower, and the borrower will then pay back the treasure banknotes. Return it to the authorities.

——These people have never thought about it. They think the bank is stupid, but in fact Linlang makes money, not to mention bank interest, and the grain sold is more expensive. This makes another wave of profit, inside and outside, lending money for a year. The interest rate is about ten cents.

In other words, they borrowed one thousand taels of silver, and what they got back was one thousand one hundred taels of silver. Because they usually didn't have any treasure notes, they paid back in silver, so the amount of silver in Linlang's hands naturally increased. Now, I can buy more supplies and put them in the bank.

Moreover, they can still do business now. After everyone knows that banks borrow money at low interest rates, they will be able to find far fewer customers. After all, any high-quality customers who can be approved by the bank will definitely borrow money from the bank. They will not borrow high-interest debt from them for low-interest debt, but those who will borrow high-interest debt from them are mostly low-quality customers who cannot pass the bank's review. The money they lend may be wasted. .

When they cannot get back the money they borrowed, they still have to compensate Linlang. Linlang is considered rich and poor. After all, those who can borrow large sums of money from banks are all rich people in Beijing. Ordinary people can borrow Less than a lot of money.

In this way, these people think they are smart and lend money to those bad customers, but they cannot get the money back, but they still have to pay back the money to the bank, which will lead to a reduction in family assets, which is not a disguised form of equalization of wealth and poverty.

What's even worse is that if the family has no cash, they might mortgage their fields to the bank to pay off their debts, which would be even better. After all, Linlang just wants to collect some fields and distribute them to the people who have no fields, so as to curb land annexation.

But when it comes to buying supplies in banks, in fact, from the beginning, Linlang never used real money to buy supplies. She just put the money in the vault of the Imperial Central Bank as a deposit, and used treasure banknotes to buy supplies.

Where do these supplies come from? From Huangzhuang.

In this era, it was still a peasant economy and self-sufficiency, so Huangzhuang could produce rice, flour, grain, oil, cloth, etc.

After Huangzhuang came out, the Royal Bank used treasure banknotes to buy it. The money obtained from Huangzhuang can be deposited in the Royal Bank. The money can be exchanged for supplies at any time.

Although Huangzhuang and Royal Bank have the same master, in fact, the left hand is the right hand, but they are brothers and they have to settle accounts clearly. This account must also be settled clearly.

Besides, besides Huangzhuang, who would collect treasure notes and sell supplies to the Royal Bank when the newly minted treasure notes have just come out and there is no credit.

Of course, this was the beginning. Gradually, some imperial merchants were willing to accept treasure notes in exchange for supplies.

Because Linlang said that from now on, all supplies for the inner court will be purchased with treasure money. Those who don't want to do so don't have to supply the inner court. She can find someone who is willing to be the imperial merchant.

Linlang can't control the procurement of materials for the imperial court without using treasure money for the time being, but she can still speak for the inner court's procurement. She didn't say that half should be made of gold, silver and copper and half should be treasured banknotes, because she was afraid that if she did this, the other party would make the price more expensive and take back the half of the gold, silver and copper. If she did this, she would not be able to circulate the treasured banknotes. It would also increase the expenses of the inner court, so she saw that the treasure banknotes on the market had a certain degree of circulation, so she began to say that all purchases by the inner court would be made with treasure banknotes.

Of course, she said that imperial merchants must use treasure money for inner court purchases, and there must be some imperial merchants who are not willing to do so. They are afraid that the emperor is trying to get away with nothing, and it is normal for them not to want to be taken advantage of by the little emperor.

But that doesn't matter, Linlang understands that they don't want to, and won't deal with them just because they don't want to.

But if there are those who are willing, these people will definitely get benefits in the future, because they will replace those who are unwilling and become suppliers to the inner court.

And these people will also gain the friendship of the little emperor, because if they stand up when the little emperor needs it, they may be rewarded in the future.

However, Linlang felt that a smart person should realize that her money and credit could last, so she could take a gamble.

Not to mention, just like Linlang said, some imperial merchants were unwilling, but there were also smart and bold ones who were willing. They probably saw that the new treasure notes were not like waste paper, so they were willing.

As a result, some inner court suppliers disappeared and were replaced by new willing suppliers.

In fact, Linlang wanted to say that he could use treasure banknotes to pay taxes. In this case, this group of people would definitely be willing to sell some supplies to Linlang, and then use treasure banknotes instead when paying taxes in the future.

However, the tax would involve the national treasury. She said that the ministers might not be willing to replace it with treasure money, so she could only forget it for the time being.

But it is said that these people have treasure banknotes in their hands, and together with the treasure banknotes in the hands of ordinary people, there are gradually more treasure banknotes circulating in the market.

Of course, the main thing is that you can go to the bank to exchange it for supplies at any time, so that everyone can use the treasure money with confidence.

As long as you can go to the bank to exchange supplies at any time, then everyone can feel free to use treasure banknotes, and they are also happy to use treasure banknotes. After all, treasure banknotes are much more convenient than carrying gold, silver, and copper with you.

Copper coins are heavy, but silver is valuable. One coin can be worth a pile of coins. However, silver is a large amount of money. When using small amounts, it is very inconvenient. You have to cut off a piece and weigh it with a scale, which is very troublesome.

No matter what, it's not as convenient as treasure money.

This is also the reason why Baoqiao has become so popular.

If treasure banknotes have credibility, who would want to use gold, silver and copper? It is so inconvenient. Unlike treasure banknotes, which have different face values, they are particularly convenient for calculation and easy to carry.

Large-value transactions are also easy. With a bank deposit receipt, you can go to the bank to take it out and transfer it to another party.

But if you want to go to the bank, it must be a transaction worth over one million, because if the transaction is less than one million, you can do it in cash and it’s not a hassle.