Chapter 1173: Gold and banknotes

"En. Keep talking." Shang Wen encouraged.

"There are many foreign investment projects, and many places need money. And the profits are also large. Not only that, the key problem in these places is that they can accept Qin's half-two banknotes." Yingyu replied.

"Oh." Shang Wen had known this situation a long time ago. Half two banknotes are the only banknotes in this period. In all countries. Qin is the only country with such strength in issuing its own banknotes. South Korea tried to issue its own banknotes, but their technology was not in place. At the same time, their national strength was far from that of Qin. In the end, they had to abandon the issuance of banknotes and had to use Qin's half-two banknotes.

The benefits of paper money are obvious and light. And there are various denominations, plus the quality services of Qin's large and small banks. Qin State Bank absorbs various deposits widely. In foreign countries, the way they absorb deposits is to sell gold and silver. The people of the six countries have a large amount of real gold and silver in their hands, but Qin State uses paper money. Qin State Bank's large-scale scope at this time The expansion of the company has discovered a huge business opportunity.

According to the gold and silver futures prices of Qin State Xianyang Futures, some of them simply used valuation methods to convert them into half and two banknotes, and then put these banknotes into their banks as their deposits. At the same time, by paying them some interest, Qin's national strength is very strong. This also made many people from the six countries, especially businessmen, willing to put the money in Qin's bank.

At the same time they will get a small amount of interest. You know, before they save money, no one will give them interest. Thus. Qin Guo's banking business has gained a firm foothold abroad. Especially Zhao Guo, South Korea, Yan Guo, Qin Guo's banking business is very good.

After receiving these deposits, Qin State Bank began their lending business, the establishment of investment companies and the establishment of various trust companies, which greatly gave this banking business a brand new business development.

This is how Qin's funds flowed abroad.

"So, what do you do now?" Shang Wen asked.

"What. How did you do it?" Ying Yu was suddenly interrupted by Shang Wen's questioning.

However, Shangwen's interruption is justified because Shangwen feels that Yingyu seems to be about to fight foreign investment. Therefore, Shang Wen was eager to know the result, so he asked such a topic.

"You will not use foreign investment funds?" Shang Wen asked at this time.

"We used this. This is what Xiao He suggested, but this is done..." Yingyu hasn't finished yet. Shangwen showed his surprise.

"You won't also draw foreign funds to Qin, are you?" Shang Wen asked at this time.

"En." Yingyu confirmed at this time.

"Oh my God." Shang Wen cried out in surprise at this time.

"What's wrong? Qin State affairs, can't he mobilize his own funds to come back?" Ying Yu asked.

"Yes." Shang Wen said helplessly.

"That's right." Yingyu said naturally.

"However, your situation really shocked me. Do you know the consequences?" Shang Wen asked at this time.

"What are the consequences?" Yingyu asked.

"As soon as those foreign funds are transferred back, their country will be short of funds. By that time. Oh my God. You will find how serious disasters such a situation will cause." Shang Wen said at this time.

"What serious disaster?" Yingyu asked.

"Qin's affairs will become the world's affairs. At that time, this mess will become more and more difficult to deal with." Shang Wen said with a wave of his arm. This exaggerated body language expressed his views.

At this moment, the guard returned from the front.

"What happened?" Shang Wen asked at this time.

"A person jumped off the building," the guard said.

"Jumping?" Ying Yu said.

"En. Jumping off the building. It seems that the stocks caused it to go bankrupt. There is no way, that person committed suicide by jumping off the building." The security guard said what he knew.

"En." Shang Wen nodded solemnly.

"I want to see." Shang Wen wanted to get off the car at this time.

"Forget it. Let's make a detour. We still have important things." Yingyu said at this time.

"I want to see." Shang Wen said at this time.

"Hurry up and head towards Xianyang Palace." Yingyu ordered at this time.

Immediately, the guard ordered to march towards Xianyang Palace in Yingyu. Shang Wen kept his head in the direction where he jumped from the building. When the car is turning. He saw a corner. Qin's police are carrying a corpse covered with white cloth. There are red blood stains on the white cloth. There was still a pool of blood on the street not far away.

"Look, this is the crisis." Shang Wen said to himself.

Shangwen and Yingyu came to Xianyang Palace. In the main hall. Shangwen saw Meng Yi who had arrived early, and what Meng Yi was explaining at this time. Because, King Qin was very serious at this time. This seriousness comes from an atmosphere of self-learning.

Shangwen entered the hall with Yingyu's help. King Qin, Meng Yi and others just nodded. King Qin nodded and allowed him to sit down. Shangwen and Yingyu sat down slowly. Shang Wen's legs are inconvenient. Yingyu gave meticulous help to it. Shang Wen nodded to express his gratitude.

"The biggest problem that our country Qin currently has is funding. Major banks lack sufficient funds." Meng Yi explained at this time.

This explanation seems to be specifically for the Yingyu monk Shangwen who just came in.

"En." Shang Wen nodded silently. For this understanding, Shang Wen believes that it is possible.

"Hey." At this time Yingyu moved Shangwen with his arm.

"He was right." At this moment, Yingyu nodded and said to Shang Wen in a low voice.

"Well, let's continue listening." Shang Wen said at this time.

"The biggest problem of Qin State at present is insufficient funds. It has caused insufficient currency liquidity in the overall economy of Qin State." Meng Yi said with a report.

"Do you understand?" King Qin asked Shangwen at this time.

"Understand, this situation has already been shown." Shang Wen said at this time. King Qin obviously wanted to test Shangwen.

"So, what measures do you think we should take to alleviate this lack of liquidity?" King Qin asked.

"Our currency was originally insufficient. We need a lot of gold. Although gold and paper money are not superficially linked now. In fact, futures have linked paper money to gold. We need enough gold to print more. Paper money." Shang Wen said.

"En." King Qin seemed to realize something at this time. Nodded and said.

"So, we can ignore gold and print a lot of paper money." King Qin started his financial imagination at this time.

"Oh. No, no, no." Shang Wen immediately shook his head and said at this moment.

"This will cause serious financial credit problems. You know, paper money is based on Qin's credit. In this way, it is destroying Qin's good credit. Credit. It is the foundation of Qin's legal system. This is the foundation of Qin's legal system. It will destroy the foundation of Qin's legal system. I think this is more than the loss." Shang Wen said at this time.

"We can print appropriately." At this time, Meng Yi suggested.

"According to the situation we have at hand now." Meng Yi said.

"We can issue a certain number of half and two banknotes." Meng Yi said at this time.

"Can you explain this situation?" Shang Wen asked at this time.

"This situation is like this." Meng Yi said.

"Our foreign trade situation has always performed very well. Gold and silver from the six countries began to flood into our side at this time. Especially Qi and Chu countries. A large amount of gold from the two countries entered our Qin country. Although. A part of the gold returned to these countries, but most of the gold remained." Meng Yi said at this time.

"In addition, we also have gold from the Yan Kingdom and the Western Regions. These gold make our Qin Kingdom's gold reserves exceed an astonishing level in history." Meng Yi said at this time.

"This figure needs an official figure for statistics. The amount of private gold exceeds our national treasury. Now, we need, or can, print a certain number of banknotes. These banknotes can be sold to banks in the form of exchange." Meng Yi said.

"After selling to the bank, they can use these banknotes to greatly increase the liquidity of Qin's banknotes." Meng Yi said at this time.

"En. Yes." Shang Wen said first at this time. He thinks this plan is feasible.

"We don't have much gold in our hands?" Yingyu said at this time.

"The royal family has it." King Qin said at this time. Shang Wen didn't say anything about the asymmetric answer to the father and daughter. King Qin is the main beneficiary of the Royal Bank. The Royal Bank is the main operating institution of King Qin's expenditure and income. Gold is the foundation on which the Royal Bank can be established.

However, Yingyu's Wenyang Bank is a vigorously expanding bank. The funds they gathered have greatly expanded. In their view, gold has only the value of speculation and the value of investment. In their view, the effect is not great. The most important thing is that something like gold does not have any value for investment. What they have is a large number of foreign corporate shares and dividends in various investment ratios.

Wenyang Bank and various subsidiaries and associated companies do not have a large amount of gold reserves. If Wenyang Bank follows this plan, they will lack the initiative to control the liquidity of funds. This is very passive for Yingyu. Therefore, she actively emphasized that she did not have so much gold. In fact, she didn't.

"Gold and paper money are still linked." Shang Wen said to himself at this time.