The big man has a living father

Chapter 143 (Long Chapter) Huo’s Bank
When all the ministers and dukes were eager to visit the various beauties of the courtyard, King Liu Guang of Lu came to Huo Hai.

"Your Highness." Huo Hai: "Why are you looking for me if you don't want to go and reminisce with His Majesty?"

Huo Hai also found it strange. He didn't know the Prince of Lu, so why did he come here so familiarly?
Who dares to be so intimate with the prince?

He is not like the King of Zhongshan, who has a bad moral reputation and is well-known for his love of dancers and beautiful women. Who in the community doesn't know that the King of Zhongshan has no political acumen?

The King of Zhongshan was able to stay in Chang'an because he posed no threat to the imperial power.

But King Lu was different.

This is not the era of later dynasties, not the era when the hegemonic states of Qin and Chu enthroned kings as the supreme rulers.

At this stage, the state of Lu represents development because it represents the source of Confucianism.

At the same time, Qi and Lu are the richest places besides Chang'an.

The monarch of such a feudal state is very sensitive.

Prince of Lu Liu Guang: "Hehe, of course I will have a long talk with Your Majesty all night, but what is there to talk about in broad daylight? It won't be too late to go to Your Majesty to reminisce after we finish talking."

As he spoke, Prince Lu Liu Guang grabbed Huo Hai's wrist and said, "I came to you because I have a big deal to do!"

Hearing this, Huo Hai said: "Oh? What big deal?"

Prince of Lu Liu Guang: "Huo Hai, I know that the business in Chang'an City has developed rapidly in the past six months, and you are the driving force. At present, you have accumulated wealth and have a large business in Chang'an."

"But, do you want to expand your business to Chang'an?"

Huo Hai looked at Liu Guang, this is quite interesting!

"You mean, going to Lu to do business?" Huo Hai asked.

Prince of Lu Liu Guang: "It is your freedom to do business wherever you want. I have no right to interfere. If you want to go to Lu to do business with the imperial order, I dare not stop you. I have bigger business to discuss with you."

Huo Hai looked at Prince Lu Liu Guang again.

At first I thought he wanted to use the policy advantages that the monarch could provide to negotiate business, but it turned out not to be the case.

That being said, it must be a huge business.

But what big business can there be in this era?

No matter what it is, whether it is possible or not, Huo Hai looks up to King Lu.

"Oh? Please speak, Prince Lu."

King Liu Guang of Lu chuckled and said, "You are going to do business in Lu. Although there are big rivers along the way, the loss of transporting money and grain to Lu will be as high as 30%. If you go to a place in Lu without water, the loss will be even higher, more than 70%."

"If I come to Chang'an to do business, the loss will be as high as 40%. If I go to the mountains around Chang'an to do business, the loss will be more than 80%, or even 90%."

"How can it be convenient to do business this way?"

"How about this, you and I make a deal."

"I will use the 10 million yuan I have in Lu to exchange for the 10 million yuan you have in Chang'an. I will use the money to do business in Chang'an, and you can use the money to do business in Lu. Isn't that wonderful?!"

When Huo Hai heard this, he took a deep breath.

I originally thought that Prince Lu Liu Guang was looking for me for some small business, but I didn’t expect it was such a huge business!

This is the job of a money house! Or rather, a bank!

This Liu Guang is indeed very smart, a hundred times smarter than Liu Guang, Marquis of Pinggao.

It's amazing that he could come up with this idea.

Moreover, he must have thought of coming to Chang'an a month or two ago. At that time, he learned that Chang'an's economy was starting to develop rapidly, and he immediately saw a completely new business model. This shows that Liu Guang is born with a good business and financial mind.

Indeed, transporting money and food was very expensive in this era.

During the Northern Song Dynasty, because it was inconvenient to transport money, people in Chengdu Prefecture of the Northern Song Dynasty invented the world's earliest paper currency, Jiaozi.

But these days, transporting money is not only inconvenient, it's also expensive!
There are three reasons. The first is that the gold content of today's money is not as high as that of the Northern Song Dynasty. The second is that the transportation conditions for transporting money, including vehicles and roads, are not as good as those in the Northern Song Dynasty. The third is the problem of collecting tolls on passing roads, which not only makes transportation inconvenient, but also requires huge amounts of transportation resources.

Therefore, Chang'an at this time needed the existence of "Jiaozi" more than Chengdu in the Northern Song Dynasty.

Jiaozi was a mutual agreement.

The first thing that King Liu Guang of Lu thought of was to make an agreement with Huo Hai.

It’s simple, Huo Hai has a lot of money, and he can exchange whatever he wants.

There are so many businesses that can be done in Qi and Lu, and as long as you have money, the profits will be huge.

If Huo Hai transported 10 million yuan, he would only receive 5 million, and the scale of his business would be halved.

But if you agree to it, Prince of Lu Liu Guang, then the full amount will be paid to you.

Prince Liu Guang of Lu was certain that Huo Hai would agree, and he was now just waiting for the money so that he could do business in Chang'an City.

He also studied several businesses himself and inquired about them when he arrived in Chang'an. He found out that no one was doing them yet, or no one had done them on a large scale. As long as he started doing them, he could make money immediately and the profit would be huge.

So he was absolutely sure.

But it was difficult for Huo Hai to agree to this matter directly.

This agreement sounds good, but in fact it has huge flaws.

To put it bluntly, what if Huo Hai gives the money to Liu Guang, and Liu Guang dies the next day?
If this system is implemented, this situation will always occur.

If you want to do this, you might as well just open a bank.

But before opening a bank, there was a better way.

Huo Hai: "How about this, I lend you 10 million yuan, you lend me 10 million yuan, you take the IOU I wrote to my house to pick up the money, and I go to Lu State to collect the money."

King Lu Liu Guang looked up and was shocked: "This!"

It’s not that Prince Lu didn’t dare to do so, but he realized that this was not the first time Huo Hai had heard of the idea of ​​exchanging money with each other, and he had even thought of a better way!
If that’s the case, why haven’t I heard of anyone doing this business?
Could it be that there is something I haven't thought through?
Prince Liu Guang of Lu thought about it, but he had already agreed: "Okay, I'll write it right away. I'm waiting for the money to come in."

Huo Hai: "Think carefully, you could have monopolized the coal mining business in Lu, but after I get the money, I will start the coal mining business in Lu right away, and your majesty will even have a very large stake."

The most important thing about closing a country is isolation.

If Liu Che extended his hand too far, the fiefdom would be in name only.

Liu Guang: "It is profitable to convert Lu into property in Chang'an."

Liu Guang was very smart and saw the future at a glance. Under the Enfeoffment Order, the fiefdoms would inevitably become smaller and smaller. If this was the case, it would be better to directly turn the fiefdoms into money.

Because land cannot produce more land, there is only so much land.

But money makes money.

Rather than letting his sons divide the land later.

It would be better to give the family property to the eldest son and give money to the remaining sons.

If they like farming so much, they can just buy the land themselves.

Huo Hai glanced at Liu Guang, and then looked at Liu Guang with a higher opinion.

To be honest, land is a super means of production. When capital is rampant, land capital is the top-quality capital.

Liu Guang is so smart, it is impossible for him not to see this.

The fact that he was willing to make such an exchange of interests showed that he was self-aware and knew that his descendants would not be able to protect the land of Lu, and even he himself could not protect it.

Most people are blinded by the immediate benefits and fail to see the approaching crisis, so they sit on a mountain of gold and wait to die.

Only those who have the courage to give up a mountain of gold and seek a way to survive are truly smart people.

Huo Hai: "In that case, you can come to my house tomorrow and I'll get you the IOU."

Prince Lu Liu Guang was puzzled: "Can't it be today?"

Huo Hai: "I have too many IOUs to write them all by hand, so I just print them."

In fact, Huo Hai had already prepared the ink for printing coins.

To be precise, ink was invented in 200 BC, which was the beginning of the Han Dynasty eighty years ago.

Unlike the water-based ink used by Westerners at the beginning, water-based ink and printing ink were invented together at the beginning of the Han Dynasty.

There is not much difference between this pine ink and printing ink, of course, except in terms of functionality.

If we are talking about price, then pine ink is too expensive.

Some time ago, when Tang Si'er and his team were refining tar, they accidentally extracted tar of low purity. Among the light tar, part of it was resin with impurities.

This thing is poisonous.

However, if it is used to make ink for printing money, then there is no problem.

The reason why this kind of ink is not used to print books is that people are afraid that someone will use books to wrap food in the future.

But no one would eat with their wallet.

Because mixing special proportions of ink to create different ink effects is a job that requires a lot of effort, even if you tell others the method, they don't have the raw materials, let alone mixing it, so Huo Hai already had the foundation for printing coins.

The reason why it has not been released is because it is not yet used.

Now that Prince Liu Guang of Lu has taken the lead, it will be put to good use.

This IOU is not just for the use of Prince Lu Liu Guang's family.

Immediately, Tongguan Coal Mine began to issue Huo's IOUs on a full scale.

Because after receiving their wages, tens of thousands of workers had to take the money home or to Chang'an for use, which was actually very inconvenient.

Although they are strong, can they do anything with money tied around their waists?

Therefore, they generally do not engage in wild spending.

Because I can't bring much money.

But if we pay them wages in Chang'an, a problem will arise.

How do you determine who gets paid?
There are too many loopholes that can be manipulated here, which is unrealistic.

And the Huo family IOU is the solution.

Send IOUs to Tongguan, and then go to Chang'an to collect the money to spend.

This is the best way.

In addition to the coal mines, the cement and brick factories under the building materials factories, the porcelain factories, and the workers in the entire new city all had to do this.

Moreover, while they are distributing money, they are about to start promoting Arabic numerals.

In fact, this set was originally supposed to be made after July, because cotton would start to be harvested after July, and then cotton paper could be made to make real banknotes.

But Huo Hai thought about it and realized that there were not enough cold-resistant materials for heating in winter, so it was too early to use cotton to make paper.

In this era, no one can imitate my ink, so there is no need to use cotton paper.

It won’t be too late to wait until the revised version is released in a few years.

As for other functions of the bank, they will be postponed.

……

After visiting the model house, a group of nobles and princes were still not satisfied.

There are many clever little ideas in it that can directly solve many people’s pain points.

After looking at these two points many times, they will form an overall good impression.

Many people feel that new luxury houses are far superior to their current residences.

Why is my mansion so terrible?

The more I think about it, the worse my living situation becomes.

Now that you have achieved success and made money, you should be nicer to yourself!
There is no need for Huo Hai to say this.

The King of Zhongshan and the King of Lu all bought new houses, but why did the other clan members in Chang'an not buy new houses? Are they too poor?
If any descendant of a founding marquis cannot afford a house now, wouldn’t people suspect that your family has fallen on hard times?

What's more serious is that your family can't even afford a new house. Is there something wrong with your cash flow? If there is a problem with your cash flow, I have to be careful when doing business with you. What if I get involved?
Many impulsive people wanted to make a decision immediately, but Huo Hai refused.

"Starting tomorrow, I will have Shang Fu, the general manager of Huo Trading Company, waiting for you here. The research institute will also have special people here to help you design according to your needs and draw blueprints on site to determine the plan. What's the point of just giving money? What's important is the service, which is high-end customization!"

High-end customization? Confirmation of the plan? On-site drawing? It sounds a bit high-end and classy.

"Okay, okay, I'll come tomorrow."

Originally many people were supposed to be on duty tomorrow, but after all, they were giving money to Emperor Liu Che, so Liu Che turned a blind eye.

The team continued to move north, and there were still many people discussing the issue of buying a house.

The impulsive ones are ready to pay, while those who want to wait and see, some are still waiting to see, while others, in order to save face, have also announced that they will order a set.

As he walked along, Huo Hai listened to the people behind him talking. Every time someone said loudly, "I've decided. I'll order a set!"

Huo Hai's smile widened.

The corners of his mouth are cracked all the way to his ears.

The discussion did not stop until they heard the sound of the roaring river.

Although we already knew that the Wei River had moved north, it was still shocking to see the new Wei River with our own eyes.

When Huo Hai saw the new Wei River, he finally felt relieved. This is where the Wei River should be in future generations.

At this time, the bridge stood firmly across the Wei River.

There are many people passing by.

The officials also discovered this.

The supervisor exclaimed: "This is actually a bridge across the river!"

“This is the Wei River!”

Most of the people who supervised the construction were official craftsmen and bureaucrats, equivalent to the Ministry of Works in later generations, but not completely equivalent. They mainly did practical work and were mainly responsible for palace construction, city planning, weapons, armor, and baggage production, etc.

Building bridges and roads is their job.

But even they had never thought of a bridge that was more than a hundred meters long!

Two bridges to be exact.

One is more than 20 meters wide and is made of cement.

The other one is more than ten meters wide and is obviously a stone arch bridge structure, but the bridge deck is also made of cement.

All the officials also rushed to watch the fun.

At this time, not only the officials, but many people in Chang'an City had already followed along the highway to watch the excitement.

The natural barrier has been turned into a thoroughfare, this is an unprecedented event!

Although the natural chasm wasn’t here before…

Everyone else went up onto the bridge to feel it, while the supervisor ran to the side to observe the structure under the bridge.

Ten artificial islands, which are much higher than the water surface, are spaced evenly apart and lie across the river.

The piers rising from the small island support the bridge above.

The bridge arch is very large, and the largest ship currently sailing can only reach one-fifth of the height of the bridge pier.

It is obvious that this kind of bridge will also be built on the canal in the future, but the canal is narrower, so there is no need for so many piers, only piers on both sides will be enough.

"Repair the bridge piers in advance and wait for the water to flow?"

Someone immediately thought: "What about the rivers that already have water flowing?"

The person next to him said: "People from the research institute have already been researching this. Instead of thinking about it yourself, why don't you go and ask?"

The supervisor then realized that the technology from the research institute had long since overwhelmed him. If he didn't go to the research institute to study, he might be eliminated in the future.

There are so many projects everywhere now. Many people who come out of the research institute will have experience in large projects. Although I am an official, I don’t have this experience. If Your Majesty chooses people to do big things, who will you choose?

My greatest experience in bridge construction was building a ten-meter wooden bridge in the upper reaches of the Feng River. How can I compare with others? After building the bridge, many people felt relieved.

The feeling of walking on the bridge is no different from walking on the ground.

In fact, because it is a concrete bridge deck, it feels more solid than the road surface.

There was no vibration and no feeling of water flow.

Is this what you call stable as a rock?
The water of the Wei River does not seem to affect the stability of the bridge at all.

The load capacity of this bridge is much more than that? !
Although at this time, except for the four meters in the center of the bridge which was the imperial road and no one went there, the remaining sixteen meters were divided into two sides, eight meters on each side, where people and cars were coming and going in an endless stream.

In fact, at the beginning, Huo Hai also thought about applying to Liu Che to cancel the Imperial Road.

But after thinking about it, I decided not to do that.

The reason for the privilege of the Imperial Road is to protect the emperor's safety and prevent anyone from bumping into the imperial carriage.

The four meters in the middle of the road cannot be used and can be used as a isolation belt.

The only problem is that the two parties cannot cross over each other.

But in the past, people were allowed to cross the middle of the highway on the Hebei side, but civilians were not allowed to cross it at will.

Now, on bridges and other narrow roads, you still have to keep the imperial road, and you can cross over in wide areas.

As for the horizontal road behind, a traffic light system will be arranged at that time.

At that time, the emperor's privileges changed from not being allowed to cross the imperial road to having green lights and motorcades escorting the emperor's entire journey.

Huo Hai remembered watching a TV series that there were traffic lights in Shanghai during the Anti-Japanese War, but they were manually controlled.

There is no electricity yet, so it is OK to control it by raising the flag.

It is certain that every major intersection needs someone to supervise it.

While the ministers were visiting, Liu Che stood on the bridge, looking at the Wei River, with Huo Hai following beside him.

Although he had come to inspect it in advance that day, Liu Che still felt amazing when he saw the real Wei River rushing in: "Everything is just as expected!"

Huo Hai: "Your Majesty, not every plan can be implemented perfectly, but this time it worked, we are lucky."

Liu Che: "You have prepared many plans. If this one doesn't work, the second river channel will naturally work."

"By the way, what are you going to do with the No. 2 river channel? Fill it up?"

Currently, the No. 2 river channel is a much narrower and shallower valley than the current new river channel.

Huo Hai: "This can be very useful. Now we can plant green trees, grass and flowers to separate the two sides of the city."

"In the future, I plan to connect all the groundwater in the new city to the No. 2 river channel, and then bury a large underground pipeline, or build an underground waterway to allow sewage to pass through it."

In this way, the sewage can be discharged directly downstream.

Avoid excessive population upstream, which may cause excessive bacteria and pollution in this section of the river.

Also, this place will not be filled up for the time being, in order to reserve a passage for building a horizontal railway in the future!
Railways will eventually come, and the first one will certainly be from Tongguan to Chang'an in the south.

But it is very difficult to deal with the horizontal one.

If the house is fully built by then, where will the horizontal space come from?

So if you want to repair it, you need to plan it in advance.

As for now.

"As for the No. 2 river channel, we can first build a horizontal road to share the traffic pressure of the east-west road along the river and the north-south traffic pressure of the new city."

Liu Che: "You decide. I feel like after these guys bought the houses, most of the construction costs of the new city will be paid? The rest will be profit, right?"

Huo Hai: "Shh~"

Huo Hai didn't even dare to say directly how much profit he made from the 4 billion investment.

Liu Che also understood that he could now make extensive use of manpower and material resources, but he would have to pay for it.

After this money is taken out of the national treasury, it will return to the national treasury after the house is sold.

After all the money goes through this process, the manpower and material resources will become the huge profits that you can reap from this real estate development.

With this wave of accumulated manpower, we can get a new Chang'an, and we can also build many palaces and entertainment facilities.

As for material resources, storing them could help defeat the Huns and ensure that the entire northern country would not suffer from disasters in the coming year.

Any amount of money can be withdrawn from the national treasury to provide disaster relief.

The key is that this kind of hedonistic construction will not be opposed by the ministers.

First of all, the ministers are also building new-style houses to live in, so why can’t the emperor do the same?
Secondly, Liu Che made so much money, and it would be a great thing if he spent it by building large buildings. The more he did it, the more wealthy people there would be among the people, and the more wealthy people there were among the people, the better the business would be.

Who will object?

However, the profits were so huge that even Liu Che was scared.

Liu Che thought for a moment and said: "Let the research institute find a way to build a bridge on the river where water flows."

"I want to connect all eight rivers in Chang'an to bridges!"

The people from Sanfu and nearby areas who came to Chang'an were too slow as their way was blocked by the water.

Build roads and bridges!

Liu Che knew that no matter how much money he spent on building palaces, he would never be able to spend it all, so he could only think of more ways to spend the money.

Building roads and bridges can further promote the internal circulation!
Huo Hai: "Your Majesty, is this considered a court project?"

Liu Che thought for a moment and said, "Alright, you don't need to tell me. I will let Li Cai announce the decree."

It will be considered as a court project, so that we can reward those who have contributed to the Academy of Sciences, especially Zhuang Xiongpi.

Zhuang Xiongpi has just been transferred to the position not long ago, and tasks come one after another. It will definitely not work if he is not promoted.

Consider it a task assigned by the imperial court and issue an official document so that we can settle the accounts afterwards.

……

After Su Wu entered Chang'an, he took a carriage to Chidao.

There are more drivers on the road!

These stores are getting bigger and bigger.

Walking from Chidao to Chang'an Avenue, there were obviously more people on the road than before. Such a wide road actually had a small traffic jam.

Su Wu couldn't help but sigh: "It seems that there are still many people who are idle, and there is not so much work."

"Come to think of it, it's not possible for Master Huo to keep taking on so many high-paying jobs."

The driver was puzzled: "Master Su, what are you talking about? Why do you say that there are more people unemployed and there are not so many high-paying jobs?"

Su Wu: "That's easy. There are more people on the street than before. Doesn't that mean that people from the ranch, paper mill, porcelain factory and Tongguan coal mine have returned to Chang'an?"

“If they had been working, why would there be so many people on the street?”

Driver: "But... the building materials factory, porcelain factory, and paper factory have all started recruiting, and the number of workers is more than doubled compared to before."

"Although many of the Xiongnu people, young and old, who lived at the ranch have gone to work in Chang'an City, there are actually more workers at the ranch headquarters."

Su Wu couldn't believe it: "Huh?"

The driver said, "Not only that, Lord Huo is now building a new city in the north. Lord Su, do you know how many workers there are?"

Su Wu: "Build a new city? How many people?"

The driver said: "There are 60,000 workers, almost all the men in Chang'an. As long as you are willing to work hard, you can find a job on the construction site with a monthly salary of 3,000 yuan. This is a great thing. Even if you go to work somewhere else, your salary will be raised to more than 2,500 yuan."

If the money is too little, people will just go to work on the construction site.

If the pay is a little less, the work is a little easier, and it's closer to home, people may be able to accept it.

Su Wu's eyes widened.

There are many more people on the streets now than when I left a few months ago!

There are still 60,000 workers in the new city!

And in those factories, the number of workers has doubled.

Doesn’t that mean there are hundreds of thousands more people in Chang’an City?
How many people are there in Chang'an City now?
The driver said: "Sir Su, aren't you going to see His Majesty? Why are we here?"

Su Wu: "Your Majesty, you have nothing to do all day, so you just wait for a small person like me to come to the Weiyang Palace or Jianzhang Palace to meet with him? I have already notified someone to report to the Prime Minister's Mansion."

"I'm going to the teahouse."

“This is important work.”

Now the finished product of Sichuan roasted tea has been produced. Although the people here who received the first batch of spring tea do not know how to drink tea yet, it must be promoted as soon as possible.

When Su Wu came back, he had a detailed discussion with Zhang Qian and knew that this matter could not be taken lightly.

When he arrived at the new teahouse, Su Wu saw that there were already people trying to taste tea at the door.

Because the current tea production is extremely low, the price is extremely high. The store location can be said to be the best of the best, and the decoration is also very high-end.

Those who dare to come here to taste tea are all dignitaries in Chang'an City.

After Su Wu got off the car, he asked the driver to stop the car aside.

As I walked over, I heard a few people discussing something.

Someone held up a small piece of paper and said, "See? This is Huo Hai's IOU for 100 guan."

"Ah? I thought a 100-kan IOU would be bigger, but it's only this big?"

A hundred strings of cash? That's one hundred thousand coins. Su Wu pinched his chin and thought: Mr. Huo is so rich, but he actually wants to write an IOU?

Someone took out a stack of identical cards and said, "So, ten IOUs like mine worth ten strings of cash can be exchanged for one of these?"

"Yes, the Hundred Strings of Cash IOU is now available and can be redeemed at will."

Su Wu couldn't help but stepped forward and bowed: "Everyone."

Several people responded: "Hello."

Su Wu: "I left Chang'an a few months ago and just came back. I saw that you took a lot of IOUs written by Master Huo. How could Master Huo owe so much money and owe money everywhere? Are you talking about Master Huo Hai? Is Master Huo out of money? Is there something wrong with his family business?"

This is very important. If something goes wrong with Huo Hai, then the Qinghai-Tibet Plateau plan and the plan to go south to India that he supports will all fail.

I've been busy like a dog these past few months, but it's all in vain!
After hearing Su Wu's words, several people laughed out loud.

"Puchi! Do you want to listen to what you are saying? Master Huo has no money?"

"Brother, someone has calculated that the wealth of Tao Zhugong at his peak was less than one percent of that of Mr. Huo now. How did you come up with the idea that Mr. Huo is bankrupt?"

"Hahaha!"

Su Wu was even more confused: "Since Mr. Huo's family business is fine, why would he borrow money from you?"

A few people looked at each other and realized that Su Wu had misunderstood: "You are wrong. Mr. Huo's IOU was not written, but printed. He did not lend us the money. I exchanged this IOU for money of the same value as the face value."

Su Wu was even more confused.

Huh? What's going on?
Another person said, "Let me tell you, starting from last month, the Tongguan Coal Mine, Huo's Building Materials Factory, Paper Factory, Business Company, Porcelain Factory, and the New City construction site, including the Bashui Bridge construction site, and so many road construction sites inside Chang'an City, with nearly 150,000 workers, all received their salaries using Huo's IOUs."

"It is so that they can carry it easily. After they receive the money, they can easily bring this small card to Chang'an and use it to exchange for money at any time."

"Let me tell you this. The entire West Market in Chang'an City has been bought by Master Huo. The West Market used to be empty now. It only does one thing: storing money. It's filled with the Huo family's money."

Su Wu's eyes widened: "Where? How much?"

West Market, full of money?
Is this serious?

The man smiled and said, "Of course it's true. Everyone can see it. Not only is Huo's money there, but your Majesty's money is also there."

"A few days ago, His Majesty ordered the construction of thirty bridges over the eight rivers that surround Chang'an to provide passage for the people. That day, the convoy of vehicles that went to the Prime Minister's residence to collect money lined up from the West Market and lined up all the way in the city to the gate of the Prime Minister's residence."

"That's it. The money piled up in the West Market hasn't decreased at all."

"Of course, the main reason is that the bridge repair workers have to use IOUs to pay their salaries, so we don't get much money."

Not much yet?
Another person: "To put it bluntly, this Huo's IOU is just a receipt for withdrawing money, not that Mr. Huo owes you money. How dare Mr. Huo owe you money?"

"You can go to the West Market and have a look. New money is deposited there and IOUs are made on the spot."

"The amount of money you put in is determined by the amount of the IOU, and then the IOU can flow into the market."

"That is to say, as long as there are IOUs in the market, even if we go to the West Market to exchange them all for money, we can still exchange them."

"Although we can't get close to see it from a distance, we can still see everything. Let me tell you, there is something good in Chang'an City. A group of people have been watching there for several days and nights. They haven't lied once. There are still a group of people watching there now."

"Of course, they are not here to supervise the printing of the IOUs, but to see the Gold Mountain. If you come to Chang'an and don't go to the West Market to see the Gold Mountain, it would be a waste of your trip."

Su Wu has broadened his horizons.

I originally thought that Huo Hai had a problem with capital outflow.

I didn't expect that I had too much money to put it down.

Another person added: "You didn't make it clear. Now, as long as you have a card, you can exchange money everywhere. There is no need for transportation. It is more convenient to do business or buy things."

"I heard that Lord Huo, Princess Wei, the King of Lu, the King of Zhongshan, the Marquis of Pingyang, the Marquis of Pinggao, and many other dukes exchanged money, using his money in Chang'an to exchange for the money in their fiefdoms. He wanted to use that money to open Huo's banks in various places to exchange money."

Su Wu was shocked.

If there is one in Chengdu as well, then people from Chengdu can just come to Chang'an and do business with the IOU, right?
In that case, I'm afraid many people in Chengdu would be unable to resist taking a gamble to expand their business and then move to Chang'an.

People from small places will also try their best to make money and move to Chengdu.

In the past, you couldn’t take the money you earned with you, but now you can take it anywhere. Who doesn’t want to move up the ladder?

More importantly: "Brother, shouldn't this be called a money bank? Why is it called a bank?"

The man smiled and said, "You don't know, His Majesty personally invested in the bank. Because copper coins are difficult to transport, His Majesty moved six million taels of silver to the West Market!"

"Six million taels of silver, according to the previous market price, that's tens of billions of dollars!"

Six million taels of silver. According to the market price, one tael of silver can generally be exchanged for at least one guan of coins, which is one thousand coins. Sometimes it can be exchanged for three thousand coins!

Six million is a large number, which will compress the exchange rate, but it is at least tens of millions of strings of cash, or hundreds of billions of dollars!

"Your Majesty and Lord Huo said that this money is a deposit to ensure that the bank will never go bankrupt. Just put this money here!" He raised the IOU of ten strings of cash in his hand: "Are you afraid that you can't exchange such a small amount of money?"

Yes, Liu Che was really afraid of trouble, so he directly sent silver instead of copper coins from the national treasury to Huo Hai.

You have to know that in history, since Emperor Wu until the Age of Discovery, no one could concentrate so much silver.

This made Huo Hai dumbfounded!

Huo Hai never thought that there would be so much silver.

So we just named the money house a bank.

In fact, Liu Che originally intended to use this silver to issue silver coins to plunder the people.

Now that Liu Che knew the economic theory, his mind changed.

Liu Che wanted to use this money to enhance people's confidence in the financial strength of the Han court, thereby stimulating business.

Because at the beginning Liu Che sent a sum of money to the Xishi Treasury, as a result, market confidence soared and the stock price of Tongguan Coal Mine soared!
No costs were invested, and the increase in stock prices is almost close to the total amount of money taken out.

So Liu Che directly used up his family fortune and moved all his silver and unused gold to the West Market.

So from that day on, the place where you deposit money is called a vault, and the institution that exchanges money is called a bank.

On the day when the silver and gold were transported to the West Market Vault, everyone in Chang'an went crazy!
Even Prince Liu Guang of Lu was amazed.

I used to think I was extremely rich.

Now I realize that my wealth is just water, all water, no oil at all!

King Lu Liu Guang was in tears: I am still too fucking green, I need to practice more and learn more, in front of him, I am just a rookie.

(End of this chapter)