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Chapter 1125 Financial Innovation Cai Xianggong

Although civil officials in the Northern Song Dynasty did not know how to manage the army and fight, they were still good at managing finances and plundering. Therefore, the problem of empty treasury is that it is not difficult for Cai Jing and Xianggong Cai.

Even among the new party groups that are good at plundering, Cai Jing's ability to manage finances is recognized as a skillful person!

On the way back to Kaifeng Prefecture from Tianjin, the chief minister of the Song Dynasty had already figured out how to make up for the huge deficit caused by the war for Zhao Ji.

Of course, his methods of plundering people's fat and ointment were extremely clever.

In the words of later generations, it is financial innovation!

"Your Majesty, don't worry. Old ministers have their own ways to deal with national affairs. As long as Hebei and Hedong military affairs will no longer be corrupt, it only takes a few years to make the imperial treasury rich, and the world will be prosperous again, prosperous, and great."

Upon hearing this, Zhao Ji rarely smiled on his face twisted into bitter gourd: "Cai Qing really has a good recipe for saving the world? Let me tell you."

Cai Jing smiled and held out his trump card, "Your Majesty, I think the way to manage finances is not to plunder and accumulate, but to make good use of communication."

"Good use of escorts?" Zhao Ji asked, "Does Cai Qing want to spur sex with others? Does salt and tea escorts? I'm afraid that the court can spur sex with others, but the people will not accept it?"

Cai Jing smiled and said, "Your Majesty loves the people as your son. It is really a blessing for the country and the world. However, the ministers are not treacherous and accrued traitors. They also know that they should love the people as your son and will never do the trick of plundering them indiscriminately."

"How can you make money if you don't make money?" Zhao Ji frowned.

In fact, this official who loves people as much as his son is not opposed to over-producing, but is worried that it will not be over-producing...

Cai Jing said: "If you don't have any excessive outspreading, it actually depends on whether the people have any demand. If the people have great demand for communication, it is not considered excessive outspreading."

"How can it be issued ten thousand?" Zhao Ji shook his head repeatedly, "Are Cai Qing joking?"

"Your Majesty, I am talking about it, but it is still a decimal point. It is possible that my method is properly operated, and tens of millions of times."

"Ten thousand?" Zhao Ji asked, "Isn't it possible to force merchants to buy?"

"No, no." Cai Jing smiled, "I won't do that, and I can't get ten thousand pieces of money with strong strength."

"What are you going to do?"

"I am going to expand the purpose of the intercession first."

“Expand use?”

Cai Jing said: "The salt ingots and tea ingots issued by the imperial court can only be used to purchase salt and tea. The salt ingots in them can only be used to purchase green salt and resolving salt. Moreover, the green salt ingots sold can only be sold in the north and cannot be sold in the south. The salt industry in the south is sold by the government, and the profits are not much, and there are many people inconveniences. It is better to abolish the salt ingots in the south and implement the salt banknote system across the country."

Zhao Ji nodded and said, "But this won't be much more salt money? Moreover, the original salt monopoly in the south was profitable, but now all of them are abolished. How much more can you make when you go in and out?"

"Your Majesty, don't worry, the old minister has a way. This salt gull may not necessarily be used to buy salt..."

"If you don't buy salt, what else can you buy?"

Cai Jing smiled and said, "It can be used to buy a house."

"Buy a house?" Zhao Ji was stunned.

Use salt to buy a house...it sounds fresh!

Cai Jing said: "In the future, the imperial court may stipulate that all houses and land purchased in the commercial city under the jurisdiction of Kaifeng Prefecture City and Hailu Maritime Marketing Division will be used for transactions! All official lands across the country will be used for transactions."

"Use salt to induce it?" Zhao Ji still didn't understand.

Cai Jing further explained: "If salt entries can only be bought, then only the salt merchants will store some of the salt entries for transactions. In other words, some of the salt entries issued by the imperial court will always be in the hands of salt merchants. The imperial court has taken advantage of the salt merchants, but not too much, and it is currently only between one or two million. Even if the salt entries are promoted nationwide, the salt entries stored in the hands of private salt merchants will be at most millions.

But if salt turf can be used to buy houses and sell land, then the demand will be high. The houses bought and sold in Kaifeng Prefecture alone are worth more than tens of millions of yuan every year! If you add real estate and land transactions in five major commercial cities including Jingdong City, Shanghai, Mingzhou City, Chitong City, Guangzhou City, etc., the annual transaction volume will be more than 20 million yuan. In order to complete the transaction, wealthy businessmen in various places must stock up on salt. Wouldn't tens of millions of yuan be issued without actually paying for salt?"

Cai Jing played the salt into paper money! If Wu Haogu was present, he would definitely give him a thumbs up and say he would admire him.

As a time traveler in later generations, Wu Haogu has not played with paper money now, but is only studying the issue of issuing silver dollars, gold coins and bank coupons.

Bank coupons are banknotes issued by Tianjin Bank that can redeem gold and silver coins. In fact, they are also banknotes, but they are not endorsed by the government's credit. However, since Youzhou Town in Wuhaogu has become a vassal state, it is hard to say how much credit the Tianjin Bank, which is linked to Youzhou Town, still has. So he can only get out gold and silver coins first, and then slowly find a way to play with banknotes.

Cai Jing has been a master of money-making in history. Although he has made some money, he has still found a lot of wealth for Zhao Ji.

In this time and space, Cai Jing was standing on the shoulders of the giant Wu Haogu and playing with money, and he must have played better.

The first advantage is that the real estate markets in Kaifeng Prefecture and JD.com were built up by Wu Haogu and Ji Yi. With the real estate market, which can absorb huge capital, it can accommodate the super-issued salt intake.

The second favorable condition is that Wu Haogu and Ji Yi rely on the hegemony of Tianjin, Jingdong and Song dynasties in the Three Foqi, established a financial system with two major banks as the core.

The financial system also has the function of absorbing bills and quasi-currency. With the help of finance, salt indices itself has a certain value of speculation, transactions, and borrowing. Therefore, a large number of financial players will participate, and they will also hoard a certain amount of salt indices.

In addition, financial institutions led by JD.com Bank can also absorb salt and deposit it into it like they absorb gold, silver and copper coins, so that the court can control the direction of salt and energy to a certain extent through JD.com Bank.

"Your Majesty," Cai Jing continued, "I used salt quotations and real estate transactions as an example, just for the sake of explanation. If you really want to implement the method of transfer, you will no longer divide salt quotations and tea quotations, and there will no longer be any specialty. Any specialty-for-sale items, you will "please use money to ask for money, and use money to ask for money". This bill can be named money quotations. It can not only be used to buy salt, but also to buy tea, wine, iron, spices, pay taxes, and buy official land. It can also be used to trade real estate in Kaifeng Prefecture and the five major commercial markets.

In this way, even if billions of dollars can be circulated among the people, the court will never have any money to use!"

Can't understand……

Zhao Ji looked at Cai Jing's words with great sarcasm, but he was confused. But it didn't matter, he couldn't understand, and someone could understand it. Youzhou Wu is so old, Shanghai Ji Yizhi, Xiangyang Pan Xiao'an, the three of them must be able to understand it.

Wu Haogu will not come to Kaifeng Prefecture now, unless he is a rebel. Ji Yi is far away and will not be able to arrive for a while. However, Xiangyang is quite close to Feng Prefecture, so he just called Fatty Pan to ask.

After making up his mind, Zhao Ji did not rush to express his opinion, but announced the severance of the court. During the process of the ministers' retreat, one of them seemed to have sprained his ankle and walked slowly at the end. When everyone else left, he turned his head back and shouted: "My minister, Su Chi, please stand alone."

"Please be alone" is a bit of a taboo. It is not a taboo of the emperor, but a taboo of the ministers. The emperor did not call you alone, but you requested be alone, and you did not want to report what you were going to do?

When Zhao Ji saw that it was Su Chi, his brows frowned immediately.

Su Chi is an old party…

After Wuhaogu's separatist rule over Youzhou, Zhang Yuan separatist rule over Hexi, Ji Yi's "reformers" in the court were wiped out. Therefore, the situation of confrontation between the old and new parties was restored. Although the North Korean struggle had not yet begun, they had already begun to take sides.

Su Chi is the eldest son of the old stubborn Su Che, so he is naturally the old party. He is still the only priest among the old party, and is of course the leader of the old party.

"Su Qing, are you against Cai Jing's method of inducing money?"

"Your Majesty, I am not talented and have not understood what Mr. Cai said." Su Chi smiled bitterly, "When it comes to economic talent, my younger brother Su Shi is far better than me. I have to write a letter to ask him."

"Su Shi..." Zhao Ji nodded without commenting. "Then what are you doing?"

"I want to know what Your Majesty wants?"

Zhao Ji frowned even more, "What do Su Qing want to say?"

"Your Majesty, I'm brave enough to know your Majesty's attitude towards Youzhou, Hexi and Hedong."

Hearing this question, Zhao Ji only sighed: "The family rules of this dynasty are far superior to those of all dynasties. Only the way to use troops to win is not as good as the Han and Tang Dynasties."

"Your Majesty means to admit that he is not as good as the Han and Tang Dynasties in victory with military force?"

"There is no way to do anything, what if it does?"

Zhao Ji now has a bit of admitting defeat and accepting his fate.

"In fact, Your Majesty has found the way to win with his troops," Su Chi said. "Your Majesty wants to take back Hedong, Yunzhong is just a matter of several decrees. Even if you destroy the Khitan, it is not difficult. But there are advantages and disadvantages. The way to use troops is the same. According to the family rules of the ancestors, if all the soldiers are controlled, they will naturally not be able to win. And if the generals who lead the troops are given the importance of power, victory can be won, but... this is how the disaster of the vassal states in the Tang Dynasty came."

"Oh," Zhao Ji sighed again, "It's really embarrassing."

Su Chi said: "Since Your Majesty feels in a dilemma, why not do anything and do nothing to rule."

"Govern by doing nothing?"
Chapter completed!
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