I stole divine power in Daxia

Chapter 473 This is a good idea
The next morning, just as the sky was getting light, many stock investors who had not slept well the night before lined up in a long queue at the entrance of the stock exchange. However, unlike the lively scene of the past, everyone used to laugh and talk, but now they all looked sad.

"Morning News, Morning News, Hao Ren, the manager of the Railway Chamber of Commerce, has spoken!"

The newsboys are still selling newspapers as enthusiastically as usual, and now they have also discovered where newspapers sell well.

The exchange is the best selling area, and if you say a few more auspicious words, you are likely to get a reward. Therefore, newsboys even start fighting to compete for sales in this area. Where there are people, there are rivers and lakes, even for young boys.

"here!"

“I want this too!”

······
After getting the newspaper, everyone quickly turned to the business section.

"Three-Year Planning Guidelines for the Kaiping-Southeast Line", Hao Ren.

This article is very long and takes up half of the space in today's business edition. There is no falsehood in it. It mainly talks about what the Railway Chamber of Commerce will do with the money if the railway bonds and water conservancy bonds are allocated to it.

Three thousand miles of railway and waterway combined, this is undoubtedly real good news.

But this is not what the people want to see, at least not what the shareholders want to see.

"Why didn't Lord Zhou say anything?"

A small businessman sighed and said that he had joined the Chamber of Commerce, so he learned from the internal information of the Chamber of Commerce yesterday that Hao Ren summoned the major shareholders yesterday afternoon, but it ended in a bad mood.

In the eyes of those who care, this already shows that Hao Ren is incompetent.

When it comes to the ability to build railways and manage chambers of commerce, everyone naturally admires Hao Ren, but many times, when one reaches the position of manager of the Railway Chamber of Commerce, one needs more than just the ability to build railways and manage chambers of commerce.

"My dear, why are you sighing? Isn't this a good thing?"

A local boss of a teahouse in Tianjin asked, and the people around him couldn't help but prick up their ears.

"What is the purpose of collecting this money? Zhou Hou has already made it clear. He wrote a bunch of words, but in fact, he just repeated Zhou Hou's words. How can this be considered good news?"

Although there is no saying yet that the stock market is all about storytelling and speculation on expectations, the principle is generally the same.

"I don't think so. Although it was Marquis Zhou who said this, someone needs to do it."

A scholar with a strong bookish air shook his head and said, "It is said that knowing is easy but doing is difficult. How to use this money and how big a thing to do still need people to complete it. If this is not a good thing, then what is a good thing?"

When the small businessman heard someone refute him, he snorted coldly, "If you buy stocks based on what is written in the book, you will lose a lot of money!"

There are many such arguments in today's exchanges, because after yesterday's big drop, everyone is already very tense, and at the same time, some people in the market are also spreading "bad" news, so even good news can be said to be bad news in reverse.

They entered the exchange in a noisy manner. No one looked around as usual. Instead, they lined up at the counter, staring at the monitor that was as bright as the moon.

As the hour of Chen passed and the first transaction order appeared on the big screen, the exchange was suddenly filled with grief.

Railway Chamber of Commerce, 8 taels, 9 qian, 9 shares, place order to sell.

This has fallen below yesterday's mark of nine taels of silver!
After the stock price fell below the psychological price of ten taels of silver, Hao Ren's heartfelt remarks in the newspaper this morning not only failed to stabilize the stock price, but instead caused the price to continue to fall. This immediately became the first straw that broke the camel's back.

8 liang 9 qian 9, buy shares.

8 liang 9 qian 9, buy shares.

In the private room on the second floor, Qu Yi sneered when he saw the two new orders. Ten thousand shares were only 9 taels of silver, which would definitely not break the price Hao Ren wanted to maintain. But today, it was not just his family that was selling. Let's see how much money Hao Ren had to buy!

As the first transaction order was successfully executed, the Railway Chamber of Commerce's stock not only did not rise, but more and more orders were placed to sell it. It was as if they were specifically prepared to lose money today, and they continued to push the stock price down.

8 taels and 9 cents.

8 taels and 8 cents.

8 taels and 7 cents.

······
Although there is obviously a force supporting the bottom today and there was no sudden plunge like yesterday, the one-point drop after another is a torture for ordinary investors.

As a result, ordinary investors could no longer bear it and started lining up to sell their stocks.

"Sir, the situation is not optimistic. Apparently, several of the military honors have already contacted each other! Ordinary people have also started selling their stocks. Should we invite them to come and discuss this matter?"

Hao Ren's confidant walked into the second floor in a panic and said to Hao Ren.

Hao Ren looked at the trading screen in silence for a while, then asked, "How many shares do ordinary people hold?"

Seeing that Hao Ren did not burst out laughing like he did yesterday, but responded calmly, the confidant calmed down. He pondered for a moment, "Except for the stocks we gave to senior workers, the ordinary people in the stock exchange now hold about 150,000 shares, which is less than 10%."

“How much did they buy it for?”

"Those who bought low paid more than four taels of silver. This was the price that Zhou Hou asked everyone to sell 10% of the shares, but many people from the Chamber of Commerce bought them at this price." "Those who bought high paid about five to six taels of silver. Above six taels of silver, it was beyond the purchasing power of ordinary people. At that time, they would rather buy other stocks. Those who bought later were small businessmen with a little savings or some greedy people."

"Well, today's goal is to keep the seven taels and five cents of silver and pass on my words to the other families."

An invisible fight began, with countless silver coins scattered amid the ups and downs of red and green numbers, as if at this moment, the silver had become a real weapon, stabbing everyone's vital points one after another.

"Sir, at noon closing, the share price of the Railway Chamber of Commerce has fallen to eight taels of silver. Now there are all the people gathered outside the government office, wanting you to go out and administer justice."

Wu Qian is still a clerk of Zhou Tieyi, but compared to before, Wu Qian has now passed the judicial examination and put on the black clerk uniform representing the Legalists, and his power has become stronger day by day.

If Wu Qian had been surrounded by tens of thousands of people outside half a year ago, he would have panicked long ago. If so many people mutinied, the officials in Tianjing would be the first to be in trouble.

The managers of various chambers of commerce who were discussing matters with Zhou Tieyi immediately focused their eyes on him. Zhou Tieyi must have known about the stock price issue, but what was more important now was how to deal with the people's affairs!

"Eight taels of silver."

Zhou Tieyi remained noncommittal and said, "This is a process."

He used the word "process" to summarize this decline, but the word "process" is originally a neutral word that is difficult to judge whether it is good or bad. For a moment, everyone present tried to guess its meaning.

After the little episode, Zhou Tieyi put on a smile again and looked at the managers of the surrounding chambers of commerce, "Have you made all the preparations?"

"Reporting to Lord Zhou, I have already informed the people below. The interest rate is the same as you said. The short-term interest rate for half a year is 20%, and the interest rate for one year is 30%."

During these nearly ten days, he and Mei Qingchen had not been busy in vain. They had already reviewed the accounts of the money houses of the Tianjing Chamber of Commerce and issued requirements for the money houses to begin deposit-raising training.

He had talked to the chambers of commerce before, that is, the means of printing silver bills by the chambers of commerce in various places would be taken over by the court, and the "profit" would be reduced out of thin air, but Zhou Tieyi would find a new way for the chambers of commerce to make money, which was something the chambers of commerce had never thought of before, absorbing small deposits and paying interest.

In the past, money shops required depositors to pay money for deposits, but now Zhou Tieyi does the opposite. Not only does he not require custody fees, he also subsidizes the interest. On the surface, the Chamber of Commerce is losing money, but because of bonds, which are a means of "stable profit", as long as Zhou Tieyi continues to open up the country's one-year 60% treasury bonds, then for the money shops it is equivalent to creating a 30% interest rate spread out of thin air. This is a business that is sure to make a profit!
Then he thought for a moment and said, "Are there many people outside? I think there are still too few today."

After saying this incomprehensible sentence, he did not intend to explain to the people present, but instead picked up the tea.

Even though everyone was confused, they could not ask any more questions. They could only stand up, bow to Zhou Tieyi and say goodbye, and prepare for what to do this afternoon.

After the others left, Mei Qingchen said solemnly, "Will absorbing deposits now cause the stock price to fall again?"

The circulation of money in the market is certain. The stock market has already plummeted today, and now Zhou Tieyi has asked the Chamber of Commerce to start accepting deposits, so it will be even more difficult for ordinary people's money to flow into the stock market.

Zhou Tieyi smiled and said, "On the contrary, I asked someone to do some statistics. Although the exchange is hot now, most of the money still comes from aristocratic families, large chambers of commerce, and even large landowners who come from afar. In just over ten days, the changes are too fast. Even the people of Tianjing can't react. Their shareholding, taking the Railway Chamber of Commerce as an example, is less than 10%."

"Daxia is in financial difficulties this year. It's not that there is no money, but that the wealth has been hidden among the people. There is something very counterintuitive, that is, natural disasters and man-made disasters have hidden wealth among the people. If the people are willing to take out money at this time to equalize the rich and the poor, then the victims can be helped to overcome the difficulties quickly."

Mei Qingchen nodded thoughtfully. This was also what he knew after working as the Minister of the Ministry of Revenue for so many years.

Daxia has been in existence for three hundred years, and there has never been a major disturbance. Although the Ministry of Revenue does not increase much in revenue each year, and sometimes suffers losses for two years due to poor harvests, there have been no major wars in the north for the past twenty years, and overall the wealth of the people has increased. Why is it that this year, with the disaster, the country is in such a precarious situation?

Before, he always put the problem on the monarch, thinking that it was the Emperor of Daxia who was the stabilizing force that affected the situation in the world, but now Zhou Tieyi had a different story.

Zhou Tieyi continued, "It's a pity that people always take from the poor and give to the rich. The more natural disasters and man-made disasters there are, the more the wealthy families and big businessmen will tighten their purse strings. Because if they save others now, it's like saving the stock market right now. It looks like a happy ending, but they don't make much money."

"On the contrary, when the common people can no longer survive and need to sell their children, then a few taels of silver can buy a person's life, that's when they will take action. Therefore, the poor become poorer and the rich become richer. The poor have no place to stand, while the rich have thousands of acres of fertile land. This is a law of human society that is almost impossible to reverse. We can only wait for the murderous intent of heaven, the shifting of the stars, and the rise of dragons and snakes, so that the way of heaven can take away the surplus and make up for the deficiency."

Mei Qingchen fell silent. He understood Zhou Tieyi's last words, which were about chaos in the world, people being displaced, breaking all the laws of wealth, and cleansing and reorganizing everything.

"So what are you doing now?"

“I’m just trying another approach.”

Zhou Tieyi smiled and said, "This is going too far, but at least this road can solve Daxia's current problems in the short term. Back to what happened just now, although everyone in the world thinks I am very wise, I have only built a few new paths that can connect the upper and lower parts based on the original ones."

"Take the Railway Chamber of Commerce as an example. Everyone in the world knows that this chamber of commerce makes money, but in reality, even the people of Tianjing can only get less than 10%. And as long as I leave it alone, the situation will become more and more serious."

"In the end, the richest people in the world will own 99% of the wealth, so I need this big drop, just like a world war, to make them spit out all the good things. People will not dare to buy, so I need to use more reliable methods to guide them to buy."

"There are tens of thousands of people making trouble outside, but there are 20 million people in the entire Yujing Mountain! So I said it's too few. Of course, even if I propose this solution, it can only solve the problem in the short term. In the end, wealth will slowly gather in the hands of a few people. This is the way of people."

Zhou Tieyi finished his speech with emotion. Wealth itself is a humanitarian concept, so it gathers from a small amount and grows into many. This is an almost unchangeable law. This law can only be broken through war, or by creating new wealth points to alleviate the gap between the rich and the poor, or by completely ending private ownership.

Mei Qingchen thought quietly for a while, and he finally understood why Zhou Tieyi dared to let the money house start to absorb the people's money at this time. There were tens of thousands of people outside, but they were very few compared to the people in Tianjing, and even fewer compared to the people in the world.

Now, many people would probably think that Zhou Tieyi compromised in the surging public opinion, but the real public opinion has just begun to stir. He closed his eyes and deduced for a while. With Zhou Tieyi's explanation, his vision was no longer limited to his previous statement of "all the people under one person".

Since the world belongs to everyone in the world, it is natural for everyone in the world to take the lead.

A faint fire of righteousness rose from his body, and it was also the backlash of righteousness, but Mei Qingchen only took two or three breaths to open his eyes again, and bowed to Zhou Tieyi and said, "This is a wise idea."

(End of this chapter)