Saint Immortal Way

() How to intercept the right to issue coins requires careful planning.

The imperial court already had a mint, which was an institution controlled by the imperial court, so it was impossible to intercept the minting and issuing rights in the imperial court, because the imperial court would not give the minting and issuing rights to anyone.But in the wilderness, in the wilderness of the North Flame Prison, the imperial court can't control it, so this is possible.

"Master Lu, the Huitong Bank was opened by members of your Lu clan?" Princess Shouyang stood in front of a wooden building in the Huoshi tribe, which was the Huitong Bank.

"To be precise, it was opened by the minister!" Lu Yang corrected.

Princess Shouyang nodded thoughtfully, and said with a smile, "Shi Lu said that very quickly, those who open banks have always been big merchants, and our palace has long intended to open a bank!"

"Your Highness is rich all over the world, why bother to run the bank by yourself?"

"That's different. No one thinks there is too much money. Since our hall and you jointly opened Jindan Yipintang, I realized that the money in this hall is far from enough!" Princess Shouyang felt the same way.

Lu Yang shook his head and said, "If Your Highness wants to open a bank, in the eyes of my servants, the structure is still too small. I suggest that Your Highness open a bank!"

"Bank?" Princess Shouyang was surprised. It was the first time she heard such a word. Literally, this industry means industry. The so-called bank is the money industry.

It's just what Princess Ren Shouyang thinks, and she can't figure out what the bank is for. Is it different from the bank?

"Is this bank different from a bank?" Princess Shouyang thought for a while, and finally asked without shame.

Lu Yang shook his head, and said: "So, the biggest difference between banks and money houses is that banks gather private capital, while money houses are just pure money circulation, and it is difficult to gather idle funds from the people on a large scale. Think about it, Your Highness, whether it is the Yinxu Dynasty It was still the Great Kuang Dynasty. People in Kyushu had a terrible vice, that is, hoarding silver. The bank did not have the ability to gather private capital, so the silver in the hoard became a dead thing that could not be circulated. The reason why this silver is valuable is that It is actually reflected in the circulation. The silver is hidden in the cellar as a stone, which leads to less and less silver in circulation in the dynasty, and thus increases the value of the silver in a disguised form. This is the reason why the silver in the dynasty is getting more and more expensive! "

"How did hoarding silver become a bad habit?" Princess Shouyang's eyes widened. She had never thought about these macroeconomic issues. In fact, in the entire dynasty, even scholars, few people would study such issues. But what Lu Yang said seemed to be very thorough, which made Princess Shouyang feel suddenly enlightened.

Of course, Princess Shouyang knows that most people in Kyushu have the habit of hoarding silver. They bury the silver in the ground and hide it until they need it. She herself is like this. At least [-]% of the ready-made silver and red gold are buried by her. In the secret treasury, it will be taken out only when it is used, transported to the bank, exchanged for a bank note that can be carried on the body at will, and withdrawn in another place.

The same is true for aristocratic families in all parts of Kyushu. As long as they are hundreds of years old, they will accumulate countless silver coins. Usually they can't spend that much money, except for buying land and doing business, they can only hoard it.

If so much money can be collected, even if only the money of a few aristocratic families can be collected, it is still a considerable number.

"Has Your Highness studied the relationship between the value of silver and its circulation?" Lu Yang asked.

"This silver is silver. It is worth as much as it is. What does it have to do with circulation?" Princess Shouyang was surprised.

"Of course it has something to do with it, and it has a lot to do with it!" Lu Yang shook his head, feeling very disappointed in his heart. Even the princess of the royal dynasty has such a superficial understanding of the way of economy, let alone other people.

Opening his hand, a silver dollar tongbao appeared on his palm. Lu Yang said to Princess Shouyang: "Let's just talk about it. It's just a silver dollar tongbao. Its value is only a silver dollar tongbao. Let's use this silver tongbao to buy it first." A book, it immediately reflected the value of a silver dollar tongbao, and then the bookstore owner used this tongbao to buy a cage of chickens in the market, and the chicken seller used it to eat a table in a restaurant, and the owner of the restaurant Then I went to the bookstore and bought a book, and the silver dollar returned to the owner of the bookstore, so how many times did this silver dollar Tongbao generate value?"

Princess Shouyang was puzzled, and Lu Yang replied: "It is worth four times, which is equivalent to the value of four silver dollar Tongbao. Why is it that one silver dollar Tongbao has the value of four silver dollar Tongbao?"

Princess Shouyang was really stunned. She had never thought about this question, and she couldn't think about it.

"Could it be circulation?" Princess Shouyang suddenly realized something, but she was not too sure. She just felt that such a simple question contained a mystery that she couldn't even figure out.

"Yes, it's circulation!" Lu Yang laughed, "Just imagine, Your Highness, if a silver dollar Tongbao is circulated [-] times in a day, how many times will it generate value invisibly?"

Princess Shouyang fell silent, a little hard to imagine.

"If ten thousand taels of silver is hidden underground, what is the difference from stone? That's why the minister said that the value of silver needs to be circulated. The more we hoard silver, the more it hinders the circulation of silver! Only when more money is gathered and circulated quickly can the value of money be brought into play, so that everyone can use it and make more people rich; on the contrary, the less money is circulated, the poorer people will be!" Lu Yang explained So, teach Princess Shouyang an economics lesson.

Princess Shouyang's head was a little confused, but she still understood that only by allowing money to circulate quickly can more value be generated.

"Does the bank have this function?" Princess Shouyang became curious, "How can the silver be gathered and circulated quickly?"

"Banks have a leverage adjustment function, so banks are very important!" Lu Yang laughed.

"Do you have any regulations for how to do it?" Princess Shouyang asked quickly.

"There are regulations, but I don't know if His Highness has the courage!" Lu Yang became serious, staring at Princess Shouyang's eyes, as if he was telling a serious matter.

"This hall is naturally courageous. Tell me, what does this hall need to do, what do you need?" Princess Shouyang said solemnly.

"Your Highness needs your Highness to authorize the establishment of a bank. This bank must have a minting institution that can issue imperial-style red gold, grain silver, and all kinds of Tongbao! The bank must also be operated by the minister, and the minister must be a shareholder!" Lu Yang hesitated a little and said.

Princess Shouyang's eyes widened, and she jumped to her feet after a long while and said, "How is this possible, no one except the imperial court can mint coins. They are minting private coins, and if people know about it, they will be chopped off!"

Lu Yang shook his head and said with a smile: "Of course not in Kyushu. This is a barren place, and the imperial court can't control it at present. Besides, this place will become His Royal Highness's territory in the future. According to the imperial law, His Royal Highness has a coinage quota!"

Princess Shouyang was taken aback, and understood what was going on.

For example, there are nine states in the imperial dynasty, and each state has a mint. Every year, the mint quota of each mint is reviewed and approved by the household department of the imperial court. depreciation.

"Okay, you should write a charter first, and our hall will study it. If it is really feasible, this hall can agree to you!" Princess Shouyang thought for a while, and felt that this is a big deal. Since it was proposed by Lu Yang, it is still reliable. of.In my own impression, every time Lu Yang puts forward an idea, it is a good idea, such as Jindan Yipintang, I believe this time the bank is also the same.

"Okay!" Lu Yang readily agreed, he knew that Princess Shouyang was already moved.

So why didn't Lu Yang open his own bank?The reason is that there is no policy and insufficient conditions.For example, the right to mint coins cannot be owned by private individuals, and must be owned by local "state"-level regions.

According to the "special policy" of the Southern Expedition, some of the territories won will become the territories of the princes and princesses, and some will also become the territories of the princes.In this way, it became possible for Princess Shouyang to obtain the coinage right.

Lu Yang had a premonition, and believed very much that if the holy way can sweep the world, Lu Yang must rely on the holy way and hug the thigh of the ruling class, so that he can do anything.

Back at Bodhi Academy, Lu Yang went straight into the quiet room and began to write the bank's regulations.

Establishing a bank is a major event, and it cannot be done carelessly. It is related to one's own vital interests. It can be said that as long as one establishes a bank and becomes a shareholder of the bank, one does not need to do anything in this life. The money counts until my hands cramp.

In this world, there is no more profitable thing to control the right to issue currency.

In another world, the right to issue currency in European and American capitalist countries is controlled by a few big capitalists, who directly print money and control the entire country from the source of money.

The rules of this world are different. The imperial power and the Baisheng Temple are high above, and capital is no longer king.But it is undeniable that the role of money is still extremely huge, it can make ghosts turn mills, and it can also make mills turn ghosts.

Lu Yang really couldn't think of anything more lucrative than running a bank and seizing the right to mint coins, except naked aggression, conquest, robbing and killing.

In only three days, Lu Yang wrote a charter called "The Charter on the Establishment of Huitong Bank", which explained in detail the functions of the bank, how to establish it, and the operation of coinage rights, etc., all of which were explained.

Lu Yang believes that looking around the entire Da Kuang Dynasty, no one else can write such a charter except himself, because banks are something that only exists when the economy and the financial industry mature, and the world's understanding of the economy , Still staying in the era of money bank economy like the Song Dynasty and Ming Dynasty.

As the main scholars of the Great Kuang Dynasty, they would not focus on how to study the economy, so the Great Kuang Dynasty could not find a single economic and financial talent with modern banking awareness.

Lu Yang felt a little lucky for himself. The knowledge of the two lifetimes allowed him to gain insight into many things that others could not see, such as banks and minting rights.

I found Princess Shouyang again, handed over the charter, and taught the staff of Princess Shouyang for three days and three nights. Although everyone was exhausted, their spirits were extremely excited.

Undoubtedly, Lu Yang's proposal to establish a bank made them collectively feel as if they had been given blood, and they saw endless benefits.

"Okay, Lu Shi said, the staff of the hall think there is no problem. The Huitong Bank's main hall has agreed to establish it, but how many shares do you need?"

"[-]% dry stock!" Lu Yang stretched out a slap, intending to open his mouth like a lion, and wait for His Royal Highness to sit on the ground and pay back the money.

Princess Shouyang shook her head: "It's impossible. To become the major shareholder of the bank, we can only give you [-]% of the shares. This is because you proposed the bank's articles of association!"

Lu Yang thought for a while and said, "Thirty percent is fine, but I need the right to operate the bank. Your Highness cannot directly intervene in the operation of the bank!"

"No, the hall only promises not to intervene in the bank's operations for 60 years. After 60 years, the hall will also participate in the operation. This is the bottom line and cannot be surpassed!" Princess Shouyang said decisively.

"Okay, deal!" Lu Yang was overjoyed, 60 years, that is, a Jiazi, this condition has greatly exceeded his expectations, it can be said that Princess Shouyang is really too generous, and he just took the lead and proposed, You can get [-]% of the shares with nothing, and there is nothing more wonderful than this.It can be said that Princess Shouyang has not really understood the benefits of a bank with the right to mint coins, otherwise she would never be so "generous".

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