As the Chinese New Year approaches, Huangshui County is more lively than usual.

Some farmers started slaughtering pigs, and some bought fabrics and bought new clothes. Many small businesses became popular.

But compared with previous years, residents of Huangshui County this year are more keen on another thing.

"Is this great charity of Zheng Xi really acquiring Ren Cunren?" Li Hongru said suspiciously.

"That's it," Tan Zheng scratched his head and said, "I originally thought that it was a good thing for many cabinets in Huangshui County, so I approved the administrative documents, but now I feel something is wrong!"

Zheng Xi.

People in Huangshui County.

This is a wealthy businessman who has been working outside for several years, and this year he returned to Huangshui County.

The other party was very wealthy, so he bought several large houses in Huangshui County, opened another restaurant and a cloth shop, and finally applied to the yamen to open a local cabinet shop.

The housing prices in Huangshui County are not high, far from the level of Chang'an.

But even so, these assets also require as much as 100 gold.

The criterion for judging who is poor and rich these days is very simple, not to mention that Zheng Xi dresses luxuriously, has big houses, shops and restaurants.

Tan Zheng also approved this administrative document because Zheng Xi was rich and had assets.

The guifang is an institution specializing in the storage and lending of coins and valuables.

A cabinet opening shop is not about opening it with a mouth spitting out, but requires real mortgage assets, sufficient credibility, and a certain reputation in the local area.

Everyone came to save money, and the real money was exchanged for a silver note.

If the cabinet shop is strong, the silver notes will be made in a certain amount and can be circulated and exchanged.

If the cabinet shop eventually goes bankrupt, the mortgaged silver notes will be a piece of waste paper.

In Huangshui County, the number of wealthy people is limited, so there is no need to mention taking out the money and storing it in the cabinet.

Tan Zheng criticized it as soon as he thought about it. No matter how much Zheng Xi made a fuss, it would be limited.

But in just two months, the scale of the other party's business exceeded Tan Zheng's estimate, and Tan Zheng felt that the cabinet shop was facing extremely high risks.

"A normal depository and security deposit are required to pay custody and security deposits. The longer it is stored, the less money it will be," said Tan Zheng.

"That's it," Li Hongru nodded.

"But Zheng Xi's cabinet shop not only does not charge money, but also gives money. Saving 100 copper can get one more copper in a month, and a year is twelve copper. This is simply no different from lowering interest loans. Normally, it should be a normal operation for the cabinet shop to lend to people!"

“That’s right!”

"He started with our Huangshui County and went to Huayin County to apply. The county magistrate there saw that we passed the review and approved it for Zheng Xi. I was worried that this model might continue to expand. What should we do if Zheng Xi can't pay the money by then?"

If the cabinet shop is a healthy way of operation, Tan Zheng would not worry.

But he felt that Zheng Xi's way of running the cabinet shop was abnormal.

This is not only a question of whether Zheng Xiguifang can continue to operate, but also a matter of gradually affecting the people's livelihood in Huangshui County.

"Now the people are very active. I don't know where they took out their money and sent them to the cabinet shop for storage." Tan Zheng complained: "Everyone calls him a great charity."

They usually hide and save money, and even don’t want to give up a piece of cloth. Tan Zheng didn’t know where these ordinary people got their money.

Anyway, it only took one or two months, and the people of Huangshui County suddenly became well-off, and everyone had spare money.

If money continues to spend, money will make the market more prosperous, but if it is saved together, the market will fall into silence.

Now everyone has money, but they just don’t buy things and are more willing to store them in the cabinet to make money.

A hundred copper coins are not much money, but one hundred gold can be more than one gold a month, and a year is twelve gold.

This made Li Hongru a little moved.

If Zheng Xi could take the order, he would want to save a lot of money.

A deposit of five thousand gold is 600 gold a year, and it doubles in ten years. If it is profitable, it will be even more crazy.

Li Hongru thought about it and came to his senses.

"That's really wrong!"

The interest for ten years exceeded the principal deposit, which was even better than the real estate income he invested in Chang'an City.

Excluding some speculative and reselling speculative businessmen’s profit model, investing in real estate is an extremely profitable behavior.

The King of Wei had something to ask for, but Li Hongru's house only had a double profit. How could Zheng Xi have such an opportunity?

It’s not that Li Hongru looks down on others, but that they have different levels of each other, the methods of obtaining information are not equal, and the opportunities are also different, and it is difficult for others to replicate this investment behavior.

Even if it is speculative and business behavior, there are few profits that double the profits, which is not a common phenomenon.

In other words, this model of making money cannot be normalized and it is difficult to support the operation of Zheng Xiguifang.

Huangshui County has an average economic level and it is difficult to support Zheng Xifang’s higher interest loan sharks.

"Zheng Xi's cabinet will collapse!"

Li Hongru thought about it and then raised his head.

“What the sir is saying!”

Tan Zheng just felt something was wrong, and Li Hongru had already analyzed the follow-up of this business behavior word by word, and even knew clearly that the other party would inevitably decline.

"He has to expand his business model, expand a lot, and use money to make up for it to support it," Li Hongru and Tao.

"In other words, he is likely to not have a copper coin now, and he is paying the benefits he gives to the people with money?" Tan Zheng asked.

"That's it. He just got the bottom of the previous period, and now he is paying interest with someone else's principal." Li Hongru nodded and said, "Otherwise, he wouldn't extend his tentacles to Huayin County in advance!"

Zheng Xi is undoubtedly an idea-worthy person.

Compared with the general charging and lending operation model of cabinet shops, Zheng Xi gives benefits to make people keep saving money.

This model is the same as the sales of indulgences in the Sect. It also exchanges money for paper coupons. However, Zheng Xi did not do it as thoroughly as the Sect. Instead, he used constant delays and used large-scale benefits to induce them, which allowed ordinary people to participate.

"When did this character come to this small town!"

When people's wisdom is induced by interests, their minds will fall into madness and will only believe in the immediate interests and will not listen to advice.

Zheng Xi is giving real money now.

No matter how Zheng Xi demolished the east wall and repaired the west wall, he still needed to withdraw some extra money from his own wealth, and the people got more money than before storage.

Stopping people to make money is equivalent to slaughtering their lives.

The other party kidnapped a huge group at this time. Li Hongru couldn't persuade the people who saved money to go home, and it was difficult to speak out even if the risk warning was raised.

This is a problem that the ruling people are difficult to solve.

The city lord of the Xifan Hami Kingdom can only join forces and even contribute to the fire.

Li Hongru didn't expect that after several months of leisurely life, he would still encounter such bad things.

Fortunately, Tan Zheng is still keen and found something wrong to come to inform him.

If the road is finished, there will be a lot of wail in Huangshui County, and the county government will be broken by those who shout for justice.

Naturally, Li Hongru would not be like the city lord of the Hami Country in Xifan, and would still stand up for the other party and get a pie in it.

But this is indeed a troublesome thing.

Perhaps it will be next year, or the year after, three to five years, or even eight to ten years, the thunder of Zheng Xi will be detonated.

Li Hongru was leisurely in the county government at this time and could even leave his post safely for several months after the New Year, but when the thunder detonated, it was also the moment when he was unlucky.

Many things will involve the person involved and will also trace the origin to the initial investigation of the person responsible.

This will undoubtedly involve yourself.

"Go and have a look!"
Chapter completed!