Ouchi Taming the Cat, starting with the Ten Tiger Forms!

Chapter 482 New Mortgage
"My lord, you have never seen it."

"What can't those gamblers who are desperate to lose do to turn things around?"

"Pawning things for money is the best you can do."

Zhu Shimin shook his head. He had been handling affairs at the Sihai Casino for some time and had seen countless things like this.

But Li Xuan's sudden mention of this matter still left Zhu Shimin a little confused.

After the items are mortgaged, the gambling house has to pay a sum of money. Later, when the price of their imitation antiques drops sharply, people will not come to redeem them, and they will be the ones who suffer the loss.

But Zhu Shimin knew very well that it must be his own ignorance that prevented him from understanding Lord Xuan's profound intentions.

This, along with the hundreds of thousands of taels of silver he had earned recently, were constantly reminding him how great Lord Xuan was.

"Isn't this much faster than opening a gambling house to make money?"

It is such a profound and clear understanding that allows Zhu Shimin to always maintain a respectful and humble attitude towards the mysterious Lord A Xuan.

Even beneath that cute cat appearance, Zhu Shimin firmly believes that there must be a wise soul hidden inside that one can only look up to.

Li Xuan heard that mortgages were common in gambling houses, and nodded secretly, then asked:
"How much interest do you usually charge for lending money?"

Zhu Shimin raised four fingers and replied, "Forty percent..."

Li Xuan nodded, but he didn't feel too surprised. After all, in this era, and given that it was a loan lent by a gambling house, an annual interest rate of 40% was not too high.

He had just thought of this, but he didn't expect that Zhu Shimin hadn't finished his answer and slowly added two more words.

"...Monthly interest."

"40% monthly interest!?"

Li Xuan was so shocked that his eyes, which were originally narrowed, suddenly widened.

"Four hundred and eight per year?"

"Even if it's loan sharking, it's too outrageous, right?"

"Where do so many fools come from to borrow this money?"

"I'm not speculating in antiques, I might as well just lend money!"

Li Xuan was shocked by Daxing's poor financing environment.

Zhu Shimin thought that Li Xuan felt that the interest rate was too low, and he couldn't help but look embarrassed.

After all, the industry has its own rules, and the interest rates of their gambling houses cannot be changed at will, so they immediately explained:
"Sir, 40% monthly interest is already quite a lot. It is 10% higher than the official interest rate in the market. Moreover, it is not easy to raise it at will. Please forgive me, sir."

Zhu Shimin confessed his crime.

"You said that the official interest rate in the market is 30% per month?" Li Xuan thought he had heard wrongly.

"Yes, those wealthy families and high-ranking officials are often involved in the lending business."

"Daxing law clearly states that the interest rate for private loans cannot be lower than the official interest rate."

"In order to maintain competition and avoid getting into trouble, the gambling houses in Beijing have kept their interest rates at 40% per month. Unless there are special circumstances, they will not easily raise the interest rates."

After hearing this, Li Xuan blinked and looked a little confused.

"It only stipulates a lower limit for interest rates, but no upper limit."

"It's your turn, Daxing Dynasty!"

Upon hearing that many aristocratic classes were involved in lending business, Li Xuan immediately understood the reason.

Seeing that Li Xuan was interested in this area, Zhu Shimin immediately introduced the money lending business to the aristocratic class, which is also known as loan sharking among the people.

Zhu Shimin was so excited that he even sang an impromptu song for Li Xuan:
"If you borrow money, you have to pay it back three times. If you borrow money in one year, you have to pay it back in ten years. You can never pay it back in several lifetimes!"

Seeing that Zhu Shimin was in high spirits and singing more and more enthusiastically, Li Xuan quickly raised his paw to stop him.

Zhu Shimin had no choice but to stop talking timidly, feeling unsatisfied.

But this also made Li Xuan understand a lot of things.

"I was wondering why the market was so enthusiastic. It turns out that the people are so wealthy."

"Then don't blame me, little kitty, for being cruel and ruthless!"

Li Xuan's face became serious, and then he began to swing his big tail.

Zhu Shimin looked up from below, his eyes fixed on the scene. The confusion in his eyes gradually faded away, and he emitted bursts of strange light.

……

"Your Highness, it's not that I, Zhang Zhuo, don't keep my word. It's just that the price of antiques in the Jinpeng Dynasty changes every day."

"I broke four thousand taels of silver this morning, and now I'm still selling it to you for thirty-five thousand taels for ten pieces. Isn't this a bit too much of a loss?"

Zhang Zhuo is a sloppy young man who appears to be in his early twenties.

At the moment, he was sitting opposite the Fourth Prince, telling him about his own difficulties.

The two were sitting in a private room of a restaurant, negotiating a deal.

They had originally agreed to trade in person, and the Fourth Prince also came with his banknotes. However, Zhang Zhuo unexpectedly raised the price again, asking the Fourth Prince to add another 5,000 taels, making a total of 40,000 taels to buy the ten Jinpeng Dynasty antiques from him.

The Fourth Prince's expression remained unchanged as he elegantly picked up the food and ate. After leaving Zhang Zhuo alone for a while, he slowly spoke:
"Zhang Zhuo, raising the price is not a good habit."

"Since you are a member of the Zhang family, take the banknotes and leave your things behind, and I can let you leave this room."

Zhang Zhuo's face immediately turned gloomy, but he was also afraid of the prince in front of him who was a few years younger than him.

The Zhang family's peers have more or less heard about the Fourth Prince's methods.

But Zhang Zhuo felt that that was for outsiders. He was a real member of the Zhang family and a real relative of the Fourth Prince. He did not take the Fourth Prince's verbal threats too seriously.

"Fourth Prince, five thousand taels is just a small amount of money to you."

"You can make a lot of money by selling these antiques tomorrow. If I can't wait, I really won't sell these treasures."

"If it weren't for the fact that we are real relatives, given the current market conditions, who else could I sell to?"

What Zhang Zhuo said makes sense, but reason is not something that can always be explained.

The Fourth Prince glanced at Zhang Zhuo. If he wasn't a member of the Zhang family, he would not have bothered to spend money to buy it.

But now that Zhang Zhuo doesn't know what's best for him, don't blame him for being ruthless.

The Fourth Prince was just about to raise his hand to greet someone when there was a knock on the door. Then Zhang Zhuo's servant came in and whispered something in his ear.

Zhang Zhuo's eyes suddenly rolled around, and then he looked at the Fourth Prince with confidence.

"Fourth Prince, since we can't come to an agreement, let's just forget it."

"See you later if we are lucky enough!"

But when Zhang Zhuo and his servants just walked to the door, they found that the door that could be opened just now could not be opened now.

"Hey, what's the hurry?"

“Have you found a new buyer?”

The fourth prince asked with a smile.

Zhang Zhuo saw that he couldn't open the door, so he didn't rush to ask the servants to use force. Instead, he turned around and replied, "Your Highness the Fourth Prince misunderstood me."

"Since I said I wanted to sell you, I naturally won't easily find a new buyer."

"It's just that now I can settle my gambling debts without having to sell them."

The fourth prince asked with great interest: "Oh, there is such a good idea, tell me about it."

"I will not hide it from you, Your Highness. There is a new type of mortgage method on the market now. You can borrow money by pledging goods, plus a little interest. You can keep the mortgaged property. When the time comes to redeem it, the mortgaged property will be returned to you. If you still cannot pay it back, you will be compensated according to the market price."

The fourth prince immediately said exaggeratedly: "Is there such a good thing? I'm afraid the interest rate is not low, right?"

"It's only 50% interest per month. I can use this money to pay off my gambling debts, and I can still have some money left to buy more antiques from the Jinpeng Dynasty on the market. I can afford even 100% interest, let alone 50% interest per month."

"It's a pity that such a good business can only be obtained by those who are destined to win."

"So, Your Highness the Fourth Prince." Zhang Zhuo waved his hand casually and continued, "Please don't worry about my gambling debts."

After saying that, Zhang Zhuo turned to the servant and ordered, "Knock the door open for me."

The servant received the order and was about to knock on the door, but the door suddenly opened with a bang, and the servant was knocked back. He rolled on the ground and screamed in pain.

Two burly guards blocked the door tightly, casting a shadow on Zhang Zhuo's face. Zhang Zhuo gulped, swallowed nervously, turned around and questioned the Fourth Prince:

"you think……"

Before he finished speaking, two guards stepped into the room and slammed the door shut.

A moment later, the Fourth Prince came out of the private room with two guards carrying a wooden box.

In the wooden box, there are antiques from the Jinpeng Dynasty that the Fourth Prince needs, as well as the original owners of these antiques.

"Find a place to hang him up, and notify his creditors tomorrow to rescue him."

"Follow me first and put the antiques in place."

After saying that, the Fourth Prince led his men out of the restaurant.

The restaurant owner didn't notice that two people were missing when they came out. Anyway, someone had already paid the bill, so he didn't bother to care about these things.

Zhang Zhuo greedily raised the price, but ended up putting himself in the box.

I'm afraid even he himself didn't expect this result.

This actually made things convenient for the Fourth Prince, as he not only got the antique he wanted, but also saved a lot of money.

After the Fourth Prince brought his men to deal with the antiques and the people, he went to inquire about the new type of mortgage that Zhang Zhuo had mentioned earlier.

It turned out that what Zhang Zhuo said was true and was very popular.

The hottest news in the capital right now is the antiques of the Jinpeng Dynasty, which have attracted many people to participate in the hot black market transactions.

But this new mortgage method is like adding fuel to the fire.

Those who had goods on hand would use them as collateral. After getting the money, they would go to the black market to buy more Jinpeng Dynasty antiques. After buying them, they would use them as collateral again, and the cycle would repeat over and over again.

After all, in just half a month, the antiques of the Jinpeng Dynasty have increased dozens of times, and a mere 50% monthly interest rate is insignificant in the eyes of everyone.

And continuous mortgage can allow them to earn several times the profit, which is really exciting.

The pawn shop was crowded with people, all holding the most popular Jinpeng Dynasty antiques, scrambling to get a chance to pawn them, pressing their fingerprints and signing their pledges, it was so quick and easy.

The Fourth Prince visited several places and found that this new mortgage business was more popular in the territory of the Money Gang. Other gambling houses and pawnshops, which accepted mortgages, had not yet rolled out this new business.

"The Money Gang responded pretty quickly. We should be able to earn a lot of interest this time."

"No wonder Yang Wanli has been so busy lately that he's not home every day."

The fourth prince shook his head.

When he first left the palace, he also went to find the Money Gang.

After all, the Money Gang controls the underground resources of the capital. With their help, it would be easier for the Fourth Prince to do business.

But for several times in a row, Yang Wanli always found excuses to avoid showing up. The Fourth Prince thought that this deputy gang leader was getting carried away, but he didn't expect that he was really busy with work.

Seeing that this mortgaged place was so lively, the Fourth Prince couldn't help but be tempted.

He thought about it and finally made up his mind.

"It's only a few days away anyway, so there's no need to slowly test the waters."

"After making money in these few days, it will have nothing to do with me."

The Fourth Prince immediately sent someone to pawn the antiques in his hands in exchange for silver bills.

Then he took the silver notes he had exchanged, plus the money he had earned from doing business with Boss Qian in the past few days, and went to the black market to participate in this crazy market.

But neither the Fourth Prince nor anyone else noticed anything strange.

Even though so many people have mortgaged the antiques of the Jinpeng Dynasty for money, the transactions in the black market are still hot and even getting more intense.

It seems that as their market becomes more and more popular, antiques from the Jinpeng Dynasty are constantly being discovered and then flowing into the market, becoming bargaining chips for their transactions.

……

Sihai Gambling House.

The little black cat was happily counting a stack of silver bills.

After hearing the ending of Li Xuan's story, Zhu Shimin chose to eat the remaining 20% ​​of the goods without hesitation.

However, because he needed to report to Zhao Feng, it took a day, resulting in the payment of the goods being settled only now.

In just one day, Zhu Shimin paid an extra 100,000 taels of silver.

Now, the latest price of Jinpeng Dynasty antiques has exceeded the unit price of 5,500 taels of silver, which is extremely crazy.

Originally, as they continued to ship goods and make profits, the market's growth rate showed a slowing trend.

But yesterday, with the stimulation of the new type of mortgage, the speed suddenly picked up again, even more fiercely than the first few days.

After receiving the payment, Li Xuan handed over the remaining half of the fish to Zhu Shimin. How much profit he could make depended entirely on his understanding.

But considering the current market conditions, it is definitely a sure win.

As for how much he can earn, it depends on how ruthless Zhu Shimin is.

The timing of finally telling the ending of the story is very important, and when the time comes, the market crash must be fierce and ruthless, so as to kill more people.

The black market has no protection mechanism. Li Xuan can foresee that it will inevitably be a disaster of heaven and earth.

But all this has nothing to do with Li Xuan anymore.

For the last half of the fish, Li Xuan only took a commission and left it to fate.

If it weren't for this coincidence, he wouldn't have thought of going back to his old job in Daxing.

Li Xuan looked at the pile of banknotes in the Emperor Hong bone ring and couldn't help but start thinking:
"How much should Emperor Yongyuan get when we return to the palace?"

"Just enough to win the game, any more is a waste."

"Five hundred thousand taels should be about right."

Li Xuan just remembered now that he had been busy speculating in antiques these days and forgot to check on how other people's business was doing.

“I don’t know how much other people have earned.”

After Zhu Shimin paid Li Xuan the full amount for the goods, he happily came outside and directed people to move huge wooden boxes.

The wooden boxes were filled with imitation antiques that they had pawned.

And now, these imitation antiques are being sent to the black market for a second sale.

"No one really thinks that the imitation antiques pledged as collateral will be sealed and kept, waiting for the owner to redeem them, right?"

These imitation antiques will be constantly pawned and then continue to flow into the black market, being sold twice, three times, and countless times, accumulating mortgage debts.

Until that day of collapse and earth-shattering comes, they will pay compensation at the "market price".

Before they pay the compensation, the mortgage borrower must first pay off the 50% monthly interest.

But to achieve all this, you need the ability to "execute".

This is also the reason why Li Xuan gave the remaining half of the fish to Zhu Shimin to eat.

He needed the Ministry of Internal Affairs to help him carry out the difficult harvesting process.

Now that the treasury is empty, Emperor Yongyuan will surely let the Ministry of Internal Affairs go all out.

Of course, the most important thing is that Li Xuan didn't want to be blocked and beaten after telling the ending of the story.

It is better to leave this job to the more capable Ministry of Internal Affairs.

Eat as much as your appetite allows.

Li Xuan still understood this simple truth.

After counting the banknotes, Li Xuan was watching Zhu Shimin, who was grinning from ear to ear, directing people to work with satisfaction.

Suddenly, someone called Li Xuan outside the door.

"Ah Xuan, you have been doing very well outside the palace."

With a hearty laugh, Manager Shang walked into the room.

(End of this chapter)