Baidu otaku as Chongzhen

Chapter 212 The Ponzi Scheme Is an Example
Yang Reform jumped and laughed again, which worried the ministers on the ground.

"...The annual interest is calculated at 5.00%. For two years, this has to be added a little. The annual interest is at least [-]%. If it is three years, it will be [-]%....If it is five years , I will give him [-]% annual interest..." When Yang Reform heard about this "bad habit" of the ancient bank, he yelled happily, and immediately raised the interest to more than five, and raised the five-year interest to More than [-]%, this is to move all the money of those bureaucrats and landlords into their own banks!Isn't this rich in itself?It is basically not difficult to borrow other people's money to make money with one's own countless golden fingers.

The few ministers on the ground stared at the emperor bewilderedly, looking at the dancing emperor, and thought to themselves, the emperor must be crazy...

"Your Majesty, I said something that I shouldn't have said..." Seeing the emperor's mad look, Xu Guangqi felt that it would be no problem for him to go on like this!
"...Oh! Hehe, what do you want to say, Master Xu?" Seeing Xu Guangqi's words, Yang Reform immediately fell silent.

The few people on the ground saw that the emperor suddenly became normal, and knew that the emperor was not crazy, but they were even more worried about the super high interest rate of the emperor. If the emperor was crazy, it would be better. When the emperor is crazy, he talks nonsense and doesn’t count; if he’s not crazy, it’s troublesome. If he saves 100 taels of silver for five years, he will give 100% interest every year. Has it become 200 taels?This... is really easier than digging for gold!
Xu Guangqi's heart was beating wildly. This calculation of interest is terrible. The emperor is probably crazy, so the emperor must be stopped!
"His Majesty, is the interest too high? If you save for five years, you will be given [-]% interest every year. If you save for two five years, wouldn't you have two capitals? This... Your Majesty Ah! It has always been the depositors who pay the money to the bank. Your Majesty is kind enough to give the depositors interest, but you still set the interest so high? This... Your Majesty, think twice! There is absolutely no need... Five percent of the annual interest rate, I think, is already very high..." Xu Guangqi couldn't bear the emperor's high interest rate, so the emperor wouldn't be afraid of being overwhelmed by the interest rate?You know, the Ming Dynasty hid wealth from the people!I don't know how many rich people there are. If they all came for the emperor's [-]% interest, wouldn't the emperor even lose his trousers?
Faced with Xu Guangqi's anxious preaching, Yang Reform smiled, because Xu Guangqi didn't understand. Yang Reform set the interest rate with reference to the interest rate in the 21st century. The annual interest rate is 5.00%, which may be slightly higher than that in the 21st century, but Everyone knows that the interest rate of banks in the 21st century is extremely low. Therefore, Yang Reform thinks that in the Ming Dynasty, in order to absorb savings, he should have a slightly higher interest rate. Otherwise, who would want to save money with him?

"Hehe... Well, Master Sun, I have my own mind on this matter. I am sure about this matter, so don't worry about it, Master Xu." Yang Reform smiled. I am [-]% sure, I am extremely short of money now, I am not afraid of more money, higher interest rates, I am not afraid, because I have time-traveled, I have countless golden fingers, I just wait for the money to be put into the pot, start work, use other people's money To make money, there is no one more suitable than myself as a time traveler. Running a bank in ancient times is destined to be a way of making money for me!Now, no one can stop yourself from making money with the money absorbed by the bank.

Xu Guangqi was very anxious. Although the emperor said that he had an idea about this matter, Xu Guangqi was worried that the emperor would mess around and spend all the money saved in the bank by then, and he was afraid that there would be a lot of trouble. !
"... Your Majesty, it's not that I'm talking too much, this matter is really..., Your Majesty, the interest rate is really high! Your Majesty, please listen to me, the interest rate must not be so high. With His Majesty's high interest rate, people in the world don't deposit money in His Majesty's bank? When the time comes, how will His Majesty use to pay others the principal and interest!...Your Majesty, five years, it can be done in the blink of an eye. It's over! When the time comes, you will have to pay back a half of the principal with interest! This... Your Majesty..." Xu Guangqi is really anxious. The interest is [-]% a year, [-]% in five years, and [-]% in ten years. Just double-check, what will you give others to pay the principal and interest?
"Hahaha..." Yang Reform laughed loudly, what would he use to repay the interest?People who have experienced the financial crisis probably know what a "Ponzi scheme" is. It takes money from newcomers to repay previous money. This kind of business, a guy named "Madoff" has been doing it for decades, defrauding money, Tens of billions of dollars, family property, more than 1000 billion..., as the emperor, I have countless golden fingers, if only Madoff's management level is used, it can last for decades. After decades, this Whether the Ming Dynasty is still here or not, let’s talk about it... Hahaha... Yang Reform burst into tears.

Several people looked at the emperor laughing and crying, and they didn't know the emperor's madness. This fact is extremely serious. Is the emperor laughing or crying?

"Hahaha... This matter, Master Xu, I really have a way to settle it. Don't worry about this matter, Master Xu. I am indeed short of money, but I'm afraid you don't know how well I make money... Sigh...hehe, this glass factory was opened by me. With the rate at which the glass factory makes money, do you guys still think that you won't be able to pay back the [-]% annual interest? Don't you guys worry about it now..." Yang Reform wiped Wipe away tears, so to speak.What I think about is how to borrow countless money as soon as possible to help myself through difficulties. As for whether to pay back fifty or one hundred after ten years, that is secondary. Little secret revealed.

The following people opened their mouths wide again and looked at the emperor in horror. The Liulizhai has an unusual relationship with the emperor. Many people in the officialdom of the capital could smell it, but no one thought that this was the emperor. It was opened by the emperor, who thought it was the emperor's use of power to eat dry shares inside, as a protective umbrella. How could he know that it was actually opened by the emperor himself, which is a big difference.

quite a while.

Xu Guangqi closed his wide-open mouth, and then said with a smile on his face: "Your Majesty, since your Majesty has such a way to make money, then I don't worry about it...don't worry about it... However, I still remind you Your Majesty, it is unprecedented for a bank to pay interest. I think that we should give [-]% interest first to see if there are many people saving money. If there are not many people, it will not be too late to increase the interest. What do you think, Your Majesty?" Xu Guangqi listened When the emperor said this, he was no longer afraid. From resolutely opposing the high interest rate given by the emperor, he now hopes that the emperor will pay interest according to market conditions.

Uh... Makes sense, enough people are saving at 5.00% interest, i.e. there's no need to give [-]%.This, really look at the situation before we talk about it!Yang Reform agreed with Xu Guangqi's view that the interest rate depends on the market's reaction!
"Well! Master Xu is right. I accept it. Let's set the interest rate lower first and see the effect of saving money. By the way, you must keep the matter of the glass factory a secret for me! Don't let it out. Haha..." Yang Reform followed Xu Guangqi's wishes, and told him not to reveal the secret. In fact, most people in the capital knew that the glass in Liulizhai was inextricably linked to the emperor.In the capital, it is impossible for you to do such a large and attractive business without a backer.

Xu Guangqi saw that his proposal was accepted, so he stopped saying anything about it. If you want to open a bank, let’s open a bank, and if you want an invoice, let’s invoice. What the Ming Dynasty wants now is money, and the emperor is a man who can make money. Such a master, this is God sent a savior to the Ming Dynasty!As for anything else, it doesn't matter.

Sun Chengzong and Bi Ziyan also know something about the glass in Liulizhai, and they also know about the speed of making money from this glass. The girls in their family are all discussing buying a big mirror so that they can use it to dress , otherwise, it's worthless, and you can't hold your head up in this capital city!Hearing them talk about the price of the full-length mirror, the two words "meat hurts"!Since this is a shop opened by the emperor, that's good, that's good!Asking the daughter-in-law to buy a few more yuan is to share the emperor's worries...

The monarchs and ministers were all happy, sweeping away the embarrassing and depressed atmosphere just now, everything can be described as elated.

Yang Reform calculated that he had gained a lot today. The banknote problem has basically been solved, and the reserve fund problem has been solved by the way, and the bank's deposit problem has also been solved by the way.After this series of operations, if you operate well, you can really make a lot of money. This is faster than making money with gold fingers. This is the advantage of being an emperor. It is much easier to make money than climbing up from the grassroots. , As long as you give a policy and come up with an idea, there will be countless money.

Xu Guangqi solved a lot of things for the emperor today, and he was proud of it. Seeing the emperor's wandering look, he probably was thinking about something happy.He also stroked his own beard. Ever since he was called back to court by the emperor and was honored as master by the emperor on the first day he saw the emperor, Xu Guangqi has been very entangled. The emperor called himself master, which really made people feel guilty. , I didn’t do anything to help the emperor, and I felt ashamed in my heart for gaining the emperor’s trust in vain. Until today, I solved the big problem of the reserve fund for the emperor, and the guilt in my heart was swept away. Master Sheng, it's not in vain now.

Xu Guangqi stroked his beard, and also thought about how to raise money for the emperor. After thinking about it, he thought of an important matter.

"Your Majesty, I have a matter that has something to do with the issuance of banknotes. I don't know whether to say it or not..." Xu Guangqi hesitated again and again, but he still said it. Now the emperor is only thinking about making money. I should also focus on helping the emperor get money, as for the rest, let's put it aside for the time being.

Yang Reform, who was wandering in the sky, heard Xu Guangqi's "high opinion" and immediately asked: "Oh? Hehe, Master Xu, what's the best opinion? Just say it, there is nothing you should or should not do." The man who was about to make a fortune At this time, Yang Reform "loved" this old man to death. This old man is still very wise and can solve problems for himself.

"Reporting to Your Majesty, I saw that Your Majesty wanted to reprint and issue banknotes. I suddenly remembered that overseas, some barbarians also issued a currency made of silver called silver coins. When I talked about overseas customs with Western missionaries, I often hear missionaries talking about their silver coins, and I feel that there may be some profit in it, but I don’t know Your Majesty..." Xu Guangqi is a Catholic believer, and he has very close ties with foreigners. Normal.

"Silver coins?" Yang Reform was a little surprised. Has the foreigner started using silver coins at this time?Yang Reform scratched his head, silver coins?gold?copper?Are you sure you're not playing WOW?

"Reporting to Your Majesty, indeed, it is silver coins, which seem to be the currency commonly used by the barbarians, which is equivalent to the silver coins on our side...but there seem to be gold coins, but far less than silver coins..." Xu Guangqi explained.

"Wait, Master Xu, are you saying that foreigners are using silver coins? Is this correct? Besides, there is still money in it?" Yang Reform's mind was a little confused, but he still grasped a few key points. One is that foreigners use silver coins, and the second is that there is profit in it.

"Reporting to Your Majesty, yes, it is silver coins. There are some silver coins used by barbarians in my home. They are indeed made of silver. When I talked about this currency with Western missionaries, I talked about this silver coin. I even exchanged it with them. I stayed at home to study... I studied the coinage of our dynasty and found that it seems to be very profitable, maybe..." Xu Guangqi did a lot of things for the rejuvenation of the Ming Dynasty. Sweet potatoes, corn, drying salt by yourself, worshiping Westerners as teachers, entering foreign education, translating Western science books, making scientific research equipment, even training new troops, buying advanced cannons from foreigners, and imitating them yourself, etc., it can be said that they are A "good man" who wholeheartedly looks forward to the good of the Ming Dynasty.

"...Silver coins?" Yang Reform was really surprised this time!There will be silver coins in the Ming Dynasty?Doesn't this silver coin often appear in various novels in the late Qing Dynasty?How come there are silver coins in the Ming Dynasty?

Yang Reform looked at Xu Guangqi in astonishment, this guy could not be a time traveler, the more he looks the more he looks like it!

Xu Guangqi was at a loss, why did the emperor react so strongly to the silver coin?Is there any taboo here?
"...Reporting to Your Majesty, it is indeed a silver coin... a silver coin made by barbarians. The silver coin is similar to the copper coin in my dynasty, but there is no hole in the middle, and it is slightly thicker than the copper coin..." Xu Guangqi felt that he should explain this silver coin, otherwise , I don't know what taboo I committed.

"Uh... silver coins... this, Master Xu, are you sure?" Yang Reform asked weakly, if the foreign devils started printing silver coins in this era, then he should really catch up with the world's advanced level. To connect with the world.Now the Ming Dynasty is still using ingots. The large ingots are supervised by the government, and the small ingots have to be cut with scissors and weighed. This is very backward. Indeed, this time, we have to keep up with the world. , have to mint silver coins.

"...Reporting to Your Majesty, I do have them, but at home, I haven't brought them today..." Seeing the emperor's preoccupied look, Xu Guangqi didn't know what the emperor was thinking, and he was thinking about the silver coin he talked about today. Should I say it, I don't know if I violated the emperor's taboo, the emperor's face is not very good!

"I have it at home? Really? Okay, send someone to get some right away, I want to have a look at it right away..." The pace of catching up with the world cannot be delayed for a moment.Speaking of silver coins, the one who impressed Yang Reform the most was "Yuan Datou", the representative of silver coins in Chinese history, but he must not forget!It occurred to him that as far back as the Ming Dynasty hundreds of years ago, there were already silver coins, and they were widely circulated.Alas... lagging behind!lag behind!Yang's reform thoughts flew to "Yuan Datou" in the early Ming Dynasty.

"...This...Your Majesty, I really want to..." Xu Guangqi was a little uncomfortable with the emperor's style of handling things, so he wanted to go to his home to get it immediately. How urgent it was!

"Hehe, yes, we'll see it right away, big companion, and send someone to Master Xu's house to pick up the silver coins right away..." This time, Yang Reform made the decision for his master.

Xu Guangqi didn't say anything, the emperor went to his home to get something..., can he say no?

"Your servant obeys, let's go now..." Wang Chengen responded, and then reminded in a low voice: "Your Majesty, it's getting late now, Your Majesty, let's have some lunch, if you don't eat, the empress will scold your servant again .”

Talking about eating, Yang Reform's stomach immediately growled. This morning, he went to court early in the morning and spent a lot of time fighting wits with the ministers. He spent even longer discussing issues with his confidants. He hadn't eaten all this time, if Wang Cheng'en hadn't reminded him, he might have saved his lunch.

"Oh...hehe, I almost forgot, you guys haven't had lunch yet, I ate here today, and I will continue to study after the Yingyang from Master Xu's house comes, hehe, it's important to eat, it's important Companion, let someone pass on the meal immediately, add a few pairs of bowls and chopsticks, and my two masters and Bi Aiqing will eat together." Yang Reform immediately put down his official duties and ate.Just because I am not hungry does not mean that these old people are not hungry. Besides, it will take some time to get the real eagles from Xu Guangqi's house.

"Your servant obeys." Seeing that the emperor finally remembered to eat, Wang Chengen also heaved a sigh of relief. When the emperor got busy, he often didn't have time to eat. Because of this, the queen had already told him several times, so he had to leave Heart.

……

Yang Reform has learned a lesson. When the emperor eats, he has to wait for others to try it before it is his turn to eat. Therefore, Yang Reform tried to reduce the dishes as much as possible, so that the time for tasting food becomes shorter and he can eat hot food. It's not easy to cook hot food!
(End of this chapter)