nanming man

Chapter 519 Don't Hit Gao Yihuan This Time

Bonds and futures are inherently risky investments, and examples of bankruptcies and liquidation are not uncommon.

This thing is already very common in the West. Countries basically have to borrow money when they go to war. There are also many kings who borrow money and refuse to pay back, which leads to bank failures, or the defeat of the country, and the bonds immediately become waste paper.

But even so, some people are still willing to buy it, because it is different from currency and has high returns.

Businessmen can make a lot of money through interest rates and price fluctuations, and of course some people go bankrupt because of this.

Where there is profit, there is risk. The most famous example of this is during the Napoleonic Wars. The Rothschild family got the result of the Waterloo War first and deliberately sold the British treasury bonds in their hands to make people think that Britain was defeated. The British government bonds were sold wantonly, and the bond price was equivalent to waste paper. The Rothschild family took the opportunity to buy the bottom. Finally, when the news of Britain's victory came, they immediately made a lot of money.

Some people have made money and some have lost money. Of course, if they bought French government bonds, it would be even worse.

The bonds and futures issued by Gao Yihuan also have huge risks, but they also have a lot of benefits. If you are afraid of risks, you don't have to play, but if you choose to play, you have to take risks.

Faced with this new thing, most businessmen were more cautious, but Gao Yihuan had no choice but to bundle bonds with grain, and with Ma Hongshan and others taking the lead, the recent grain promissory notes were quickly wiped out.

Of course, this is the cooperation between Gao Yihuan and Ma Hongshan, and they didn't put in many promissory notes, and the starting price was only set at one tael or six silver, so that Ma Hongshan and others could eat it, and there was room for them to resell the promissory notes for a profit. A sum of money, thus driving other businessmen to participate in the transaction.

At this time, China's finance was far behind that of the West. The West already had relatively developed banks, as well as stock and securities markets. Less company.

There is no such developed finance in the East. Merchants make money, except for some usury, they just buy land and fields.When landlords and gentry had money, they also lent money to buy land, and the extra money was buried in the ground. Officials also bought land when they had money, and finally became landlords together.

With so much money, there is no other way to invest, so they can only buy land to collect rent, or simply bury it underground.

Until many years later, the backwardness of finance still caused the country's entire economy to develop abnormally.

Nowadays, as a large amount of silver is smuggled into China by sea, the money in the hands of merchants is in a state of continuous depreciation.

Businessmen and landlords have the need for asset preservation. Usually, they can only purchase land and objects to resist inflation. However, the land and objects that can be purchased are actually quite limited. Most of the silver can only be buried in the ground and has not been used to its full potential. usefulness.

The bond issued by Gao Yihuan is to provide a channel for these funds, and the futures market is also an opportunity for them to make money.

Of course, there is no such thing as a huge profit in the world. Even if you bury the money at home, it may be dug out when the Qing army comes. risk.

Although most businessmen were cautious about this and did not dare to make a move, the promissory notes in the world were still wiped out.

When Ma Hongshan and his group began to transport grain to the south of the Yangtze River, the other businessmen immediately panicked.

They had no choice but to buy promissory notes from Ma Hongshan and others to raise food, and Ma Yuanwai spent money to buy access certificates, so the price of bullying tickets was naturally reasonable.

In this way, the Yuezhou promissory note transaction has formed two markets. The first level is the big merchants who have the funds to buy the access certificate, not necessarily the grain merchants, as long as they have money, they buy a large number of them through bidding. promissory note, and then resell it to other small businessmen, earning a lot of money easily, so many people fell in love with this game immediately.

These people ate Gao Yihuan's bonds and hoarded a lot of promissory notes in their hands, and they would unknowingly fall to Gao Yihuan. After all, Gao Yihuan was bankrupt, so they asked someone for money.

In Yuezhou city, in the house rented by Zhu Guoci, several businessmen from Nanzhi gathered together, everyone's face was full of joy.

"Young master is really wise!" A businessman closed the account book, admiring Zhu Guoci very much, "We made a lot of money this time, thanks to the young master's decision."

Zhu Guoci was not satisfied, "Are you satisfied with this? Ma Hongshan made all the money this time. We started too late, and we just had a sip of soup!"

The businessman said with a smile: "That can't be helped. We can only wait for the next time the tickets are issued. My son, I still have a few promissory notes in my hand. Shall we go back with the food?"

Zhu Guoci gave him a disdainful look, "Why do you go back? Are you not tired of running around? The profits have all gone into the pockets of Ma Hongshan and us, and the rest is hard money. If I don't earn money, you put the promissory note They are all sold to those small grain merchants, and let them go on errands. I make money by my wisdom, and I will speculate on this stuff in the future."

The businessman looked shocked, "This promissory note will fall if it rises, and it is also risky!"

Zhu Guoci disagrees~~~
In June, the weather was hot, the sun made the ground a little white, there was no wind in the sky, and there were bursts of cicadas singing from the trees.

Beijing City, Prince Regent's Mansion, Dorgon was a little tired, lying on a rocking chair to take a nap, the maid was gently shaking her fan, and there were two people beside her, King Azig was standing, and King Duoduo was kneeling.

The afternoon sun was scorching hot, and the cicadas sang tirelessly on the tree. Duoduo, who was kneeling under the shade of the tree, was soaked in sweat, his lips were parched, but he remained motionless.

After a long time, Dorgon opened his eyes, took a sip of the iced sour plum soup offered by the maid, looked at Duo coldly, and said, "Get up."

As soon as Duo Duo came back from Shanxi to escape the summer heat, Duo ErGun called him to the Prince Regent's Mansion and was severely reprimanded.

Duoduo knelt for too long, his legs were numb, and was helped up by two guards. He secretly hated, but not Dorgon, but Gao Yihuan who made him punished.

"Do you know why you were punished?" Dorgon glanced at Duo Duo, feeling a little bit resentful.

Duoduo said: "It's because I embarrassed Da Qing and Brother Fourteen."

"You played well against Mobei Mongolia this time. Why didn't you fail when you met Gao Manzi? It's understandable that you lost the first two times. After all, I didn't focus on Gao Manzi last time. You actually lost too, and even defeated Man Dahai and Kong Youde! Do you know how passive this king is in the court? Because of this incident, Daishan has hooked up with Haoge and wants to pull this king down." Dole Dagon was very angry.

Duoduo gritted his teeth, "Regent, give me another chance, this time I will definitely kill Gao Yihuan."

Dorgon waved his hands impatiently, "It's only three things, this time I won't hit Gao Yihuan!"

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(End of this chapter)