Chapter 1292 The rich merchants are too bad
"Can one tael of silver and bank vouchers be banned?"
"Bank coupons can be banned, how can one tael of silver be banned? They come with real money and silver, can they not be collected? If they don't collect real money and silver, what else can they do?"
"But I can't ban one tael of silver. There will still be promiscuous merchants in the southeast coastal markets that issue private friends who are linked to one tael of silver..."
"Then ban my personal friends!"
"How can that work? After banning personal friends, the trend of hiding copper coins will be even worse. Even if the copper coins are buried underground, there will be no money on the market."
"Or we also mint silver coins..."
"But do we have that much money?"
"It should be there? No matter how hard you will never be able to compete with Wu Haogu, the silver you will have! "
"That's right, our money must be more than that of Zhou Guo, and we should issue silver coins!"
"Yes! The Song Dynasty has a lot of land and resources, and there must be more gold, silver and treasures than the Zhou Kingdom!"
The Zhengshi Hall has become a great hall today. Not only are there ten magistrates from the east and west governments, but also the heads of the Ministry of Revenue and Taifu Temple, and even the small officials in charge of the transfer, treasury, commercial taxation, and trade have arrived.
Everyone expressed their opinions and gave bad ideas for Cai Jing and Grandmaster Cai. Cai Jing frowned and why were these officials who were mostly Jinshi so confused?
After much discussion, I actually came up with an idea to issue silver coins.
That’s right, the Song Dynasty must have more silver than the Zhou Kingdom. However, the Song Dynasty has more population, land, and trade wealth than the Zhou Kingdom!
The Zhou State has 10 to 20 million silver coins enough to deal with. How much does the Song Dynasty want? Isn’t 100 million enough?
Moreover, Zhou State has only one center, namely Tianjin City. After taking over several major banks in Tianjin, he controlled Zhou State's money industry.
Therefore, it is easy for Zhou State to collect most of the silver coins of Zhou State through large and medium-sized banks such as Tianjin Bank, Xiangguosi Bank, Yanjing Bank, Liaodong Bank, Goryeo Bank, and Annan Bank to cast silver coins that are convenient for circulation.
There were multiple centers in the Song Dynasty, one in Kaifeng Prefecture, one in Jingdong Commercial City, Haizhou, and one in Xuzhou. "Suzhou-Hangzhou Emoticon Mingyue" plus Shanghai, Mingzhou Commercial City is also a center. Quanzhou and Guangzhou can be regarded as a center.
A country has five economic centers in total. Except for Kaifeng Prefecture, which is under the eyes of the court, the other four centers are a bit difficult to control!
In addition, these four central areas with developed industrial and commercial industries are all "outward-oriented" and are all important nodes of the Maritime Silk Road.
Tianjin, the capital of Zhou State, is the starting point of the Maritime Silk Road, and Xingzhou, which guards the Sanfoqi Strait in Nanyang, is the transit station of the Maritime Silk Road. These six regions are all above the Maritime Silk Road, and there are very close economic exchanges between them, with funds, goods, and populations almost freely.
In other words, the relationship between the southeast coast of the Song Dynasty and Tianjin was much closer than that with Kaifeng Prefecture.
If the Song Dynasty court wanted to strengthen control in the four southeastern industrial and commercial centers and collect gold and silver, the funds there were likely to flow to Tianjin and Xingzhou...
This is not the worst. The worst situation is that all the profiteers in those areas defected to Zhou Guo and drove the Republic forward!
After all, in the Great Zhou Republic, all ** merchants can become citizens and the market can also be self-governed. The profitable merchants no longer have to worry about being sucked by corrupt officials.
...
Cai Jing picked up the teacup, took a sip of the fragrant tea made from the Dragon and Phoenix Tea Cakes that were tributed by Fujian, and then coughed again, clearing his throat.
Hearing his cough, the officials in the room quickly shut up, all looking at Cai Jing, waiting for him to speak.
Cai Jing said slowly: "In my opinion, money must be protected. Only by protecting money can we resist silver coins."
The method of "protecting money and resisting silver coins" was of course taught by Ji Kui to Cai Jing.
"Money Induction" has brought unimaginable profits to JD.com! Isn't it a pity to lose such a good wool shearing tool if you use it once?
So Ji Kui did not intend to turn the money into waste paper, but wanted to keep it and play with it slowly.
As for issuing silver coins to fight against Zhou's Kingdom, "one liang of silver"... JD Bank can issue it by itself, why should the court eat this piece of meat? Besides, the court does not have much silver reserves. If you really want to issue silver coins, you must find a bank in the southeast, and the wealthy merchants will ask for money.
Finally, Qianyin is the money tree of JD.com and the lifeblood of many small and medium-sized financial institutions.
If it really turns into waste paper, I don’t know how many people will lose everything, which will be of no benefit to JD.com.
Cai Jing paused and asked, "How much has the money in Kaifeng Prefecture market caused to fall today?"
"Reply to Taishi," the official from the Taifu Temple Exchange and Induction Library also arrived at the Political Affairs Hall. When he heard Cai Jing's question, he hurriedly replied, "It has fallen to 400 words..."
Cai Jing breathed a little relieved and thought to himself: That Ji Kui is quite credible, and he really took the money to support the market.
The price of 400 text was a price that Cai Jing had coaxed and deceived last night, so he forced Ji Kui to stick to the point.
This price has dropped by almost half compared to the original 770 papers! In Cai Jing's opinion, the super-issued money is just useless paper, and it is not worth 400 papers in any case...
Ji Kui is a businessman after all, and he can't stand the threats and threats of the dynasty's grand lord!
If it were Ji Yi, he would not be willing to use money to support the market anyway... Even if the lawsuit is fought to the official family, Ji Yi is right.
This matter is obviously the rule that only sends money but not accepts bad money... Cai Jing himself is the culprit! If it cannot be settled, the top position in the Political Affairs Hall will have to be replaced! Maybe Ji Yi will go up by herself!
Fortunately, Ji Yi was driven to Jiaozhi, and Ji Kui couldn't beat him no matter how hard he was!
Cai Jing thought of this and nodded and said, "The reason why money is unstable is that the preparations are insufficient. Relying on salt, iron, and tea alone is not enough to support money. Once money is concentratedly exchanged, it will cause insufficient materials.
For the present plan, the only way is to let Money is to focus on the copper coins! The imperial court can buy it for 400 yuan with a face value of money."
"Repurchase 400 articles?" asked the right prime minister He Zhizhong, "Will it lose money?"
"How could the court lose money if it issued 770 documents and buys back 400 documents?"
Cai Jing smiled and said, "Besides, what should I do if there is no repurchase of 400 documents, what should I do if the money is inducted? How can I end? Now there are tens of millions of dollars in circulation. If I buy tea, salt, iron, how long can this millions of dollars last? How many years did the imperial court have been unable to make profits from tea, salt, iron?"
"If you buy back ten thousand yuan of money at half price, you will have to buy back 50 million yuan." Xu, the minister of Taifu Temple, said, "I'm afraid..."
Cai Jing smiled: "Who said he wanted to take out 50 million? The repurchase of these 400 documents is just a position of the court... The copper coins needed for repurchase must be issued together by big banks such as Jingdong Bank, Daxiangguosi Bank, and Pan Ji Bank."
"They're willing?"
Cai Jing smiled coldly and looked around the officials present: "There is no willingness or not, only dare or not! If you have no objections, we will gather the proposal and submit the memorial. Please make sure the official edict is approved."
Although the merchants of the Song Dynasty were a little slapped after the rise of Zhou State, in Kaifeng Prefecture, they were still fat pigs under the sword of the imperial court.
If the court is really forced to get angry, so what if I kill a few people?
...
"Will the decree be issued?"
"Yes! Why can't it? The imperial court's flowers are comfortable to use. What a great thing to let us profiteers wipe their butts? Will the government be sure?"
"But the price of 400 quotas is a high?"
"Haha... we have a lot of money in our hands! If it falls harshly, what are the benefits for us?"
"What? JD Bank still has a lot of money on hand?"
"Who doesn't have it? A lot of the debts we release are also money-induced? If they really fall into waste paper, will the debts be too cheap? Now you will collect 400 yuan first, and then raise it to more than 500 yuan!
It is enough to make money fall by one third at a time. If it falls a lot, no one will believe it. Without money, it will not be so easy for us to make money."
"That's right, Ji Xingshou's method is so clever!"
"Hahaha... Now 400 papers are collected, and in the future it will be raised to more than 500 papers. Once in and out, it will be another big sum of money!"
Wanshengmen Inner Street, in a clean room on the third floor of JD Bank Building. Ji Kui is discussing behind closed doors with several leading figures from the Qianye Guild.
The prodigal businessmen now have banks, and their strength has been magnified! No matter how treacherous Cai Jing is, he still cannot compare with the prodigal businessmen who have opened banks like Ji Kui when it comes to playing finance.
Ji Kui glanced at everyone in the room and saw that one person was missing... Wu Haogu's agent in Kaifeng Prefecture Mu Gongyang did not come!
This Mu Gongyang left during the New Year and took away all the funds obtained by the merchants, Wanjiaxing, Christie's and other martial arts companies sold the Kaifeng Prefecture industry, totaling more than 1 million taels of gold.
Ji Kui took a breath and spoke in a deep voice: "Don't be too happy too early! The court is easy to deal with, but it is difficult to deal with Tianjin... This time the money caused a plummeting decline, which just gave them the opportunity to promote silver coins and bank coupons."
"Didn't the court issue an edict to ban bank coupons?"
Ji Kui smiled and said, "Can you resist it? Bank coupons are money that everyone loves! The officials who sent them to ban bank coupons are afraid that they all like it very much."
"What should we do? If the bank coupons are circulated in the Southeast Commercial Market, we will lose several large pieces of fat."
"Haha," Ji Kui smiled, "If they issue bank coupons, we will come and have a chance to buy money... and I will issue copper coins in Southeast Commercial City, and share the same bank coupons and one tael of silver and one qian silver."
"But will the court pursue the matter?"
"Survey?" Ji Kui smiled, "The court, that is, Master Cai, understands a little. When he gets off the stage, who cares about money and bank coupons?"
"Get out of office? Master Cai will..."
"Why can't it?" Ji Kui lowered his voice, "Don't think that this money caused a storm is so easy to settle."
“How?”
Ji Kui said: "The 770 papers fell to 400 papers. I don't know how many small and medium-sized quality databases, the warehouses, the longevity databases, and the gold, silver and silk shops lost all their capital!
Chapter completed!