Heavenly Dao Formula
Chapter 724: Only print money
"Grandpa Li's words are not unreasonable," Xia Fan looked at Princess Muye and Mr. Fei Laidon, "This is also the reason why I invited them together."
"The new banknotes will be linked to gold in the early stage to alleviate people's concerns. Everbright Bank is responsible for providing a deposit to confirm that the exchange can be carried out on time and in full. Of course, the advantage is that I allow Everbright Bank to open new branches in the mainland." Explains, "In addition, you can also choose another way of return, that is, invest in Jinxia Central Bank and get profit sharing from it. No matter what kind of investment, it is a golden opportunity."
Felayton is far more sensitive to money than Li Duojin.
He heard that now, he had a general impression of Xia Fan's layout in his mind.
Natartin has never seen paper money, but it does not prevent him from understanding Jinxia City-after visiting around these days, he found that the eastern city is not inferior to the quiet sea countries at all, and even more advanced in many aspects. For example, urban sewage pipes, and transportation planning, etc., are all things that a powerful civilization can think about. In addition, the population of Jinxia City is astonishing, and the market area is always up and down, which shows that the city has great potential for development and is an area worth exploring.
He was thinking about how to break into the market of this Eastern Continent before his colleagues, but Xia Fan handed the olive branch to him.
For bankers, lending is always a good business.
If he can be approved to open a bank in Jinxia, it will also give him the qualification to lend.
In fact, Fei Laiton has another idea in his mind, that is, to transfer the business of Everbright Bank.
His Royal Highness Hua Lin's younger brother is by no means a fool. If news of the princess's escape is leaked, he will definitely be able to find him. By then, let alone the bank supervisor, Fei Laiton feared that he would be arrested and put on the gallows unless he returned to Natatium. Therefore, before that, he must consider the future of the princess and transfer as much property as possible to other kingdoms to ensure that His Royal Highness Mu Ye will have no worries for the rest of his life.
Xia Fan’s words were undoubtedly dozing off and handing out pillows, and Fei Laiton quickly got up and saluted, “It is my honour for Mrs. Xia to invite Yongjuan Bank to participate in the issuance of the new currency. You can only speak up about the security deposit. The dependent banks will do their best to satisfy."
"Do you want banknotes to be freely exchanged for gold and silver?" Grandpa Li was dumbfounded, "What should I do in case of counterfeit banknotes?"
"I have tested this on the food stamps." Xia Fan said confidently, "As of today, the Ministry of Security has captured six forgery cases, and the reason they were caught is that the food stamps are not genuine enough. "
To put it bluntly, anti-counterfeiting is a technical activity.
The most critical technology is printing ink.
The rarer the raw material and the unique color ink, the more difficult it is to copy. Jinxia, which has the resources of the wizard tree boat, can be said to have a unique advantage in this regard. It is difficult for ordinary people to mix in the wizard and obtain the corresponding pigment plants. Even if one or two are secretly obtained, they will not be able to reproduce independently.
With the addition of multi-layer paper, embossing and copper wire threading technology, hand-painted counterfeiters can be basically shielded. It is also difficult for other kingdoms or forces to overcome the special ink level if they want to cost.
Xia Fan also considered the abilities of the inspired.
In case there is someone who can accurately re-engrave the banknotes, there is also a unique number to make up for it. If the numbers are the same and the banknotes cannot be distinguished from the authenticity, they can quickly investigate in the direction of those who are inspiring in other countries.
Generally speaking, there is a certain risk in the implementation of paper money, but in the face of huge benefits, this risk is not worth mentioning.
"So that's the case." After listening to Xia Fan's narration, Grandpa Li's heart relaxed a little. He can doubt other things, but he will never doubt the endless methods of the other party. From burning salt to growing rice on the beach, from mechanical beasts to air rifles, every idea that sounds like a fantasy has been realized in his hands. "But what should I do if I don't recognize it? No one has seen this thing. Even if you say it can be exchanged for gold and silver, someone must be willing to accept it."
"It's very simple. This kind of banknote is Jinxia's legal tender, and the bureau should guarantee its forced circulation."
"Forced?" Grandpa Li couldn't help but was taken aback. He seldom heard the word forcing in the other party's mouth.
"That's right, all future salaries of the bureau will be exchanged for banknotes. Grain, seafood and salt can only be purchased with banknotes. In addition, any caravan that enters Jinxia merchants must not refuse to accept banknotes-I allow them to be accepted afterwards. The paper money is exchanged for gold and silver, but as long as the people take out the money during the transaction, they must take it."
"Will this approach... be a bit too domineering?" Hua Lin hesitated and said, "If it is in Natatium, this move will definitely be resisted by all the chambers of commerce."
Xia Fan didn't care about this at all.
Compared with the chambers of commerce in the Tranquil Sea countries, Qiguo's merchant power is not at the same level.
It is impossible for the dynasties of the past to allow merchants to intervene in the policy of governing the country.
If we saw that those chambers of commerce had the embryonic form of transnational capital in the Holy Wing Islands, then the big businessmen of Qiguo tended to convert money into land and real estate, and eventually became a wealthy landlord class.
As for those hawkers, they are even less likely to have the ability to challenge Jinxia.
"Don't worry, they complained at most at the beginning. When the banknotes are gradually recognized by most people, they will be grateful for this change." Xia Fan replied with a smile.
He is full of confidence in the power of Jinxia City.
To put it bluntly, it is why people use the special currency issued by the bureau.
The answer is that Jinxia's products are sufficiently competitive.
This year will be a good year, not to mention the climate and weather, and the cultivation of beach rice has also been successful. With the large amount of grain output in Gaoshan County and other places, together with the rice in the experimental field, the grain in Shenzhou is expected to reach a new peak in history. UU reading www.uukanshu.com, but because of the war in other states and cities this year, they missed the best sowing season, and a large-scale lack of harvest is a foregone conclusion. At this time, if Jinxia can provide stable grain exports, it will inevitably attract a large number of merchants.
In addition, traditional sea salt, as well as various stamped ironware, fairy fruits, canned aquatic products, etc... are all good products that are not available outside, and you can make money as long as you ship them out. In this case, he has no worries about the businessmen not coming. What's more, the policy also allows merchants to convert banknotes into traditional silver money when they leave Jinxia, and the resistance in this regard will only be lower.
If he was worried about a security deposit before, he was afraid that a run would be caused by some forces secretly adding to the flames. Now that Felayton has joined, even this loophole no longer exists.
As long as the total amount of banknotes is controlled, it does not exceed the upper limit of gold and silver that Jinxia City can mobilize.
Xia Fan also knew that these were just short-term measures.
When the era comes to the stage of industrial production, no precious metal can catch up with the speed of machines to create wealth. Sooner or later, paper money will be decoupled from gold and silver and become a real credit currency. By then, Jinxia, who is at the forefront of the world, will have the opportunity to obtain world coinage rights and obtain unimaginable benefits from it.
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