Chapter 1174: Ambiguous measures

Shangwen originally wanted Qin's banknotes to be free from the limitation of gold at this time, but apparently this was a whimsical idea of ​​his own. a lot of things. There is an inherent inevitable connection.

What Shangwen had planned to leave from the beginning was obviously a mistake in the beginning. This kind of error will naturally come back in a certain historical event. This kind of return is very natural.

"We need a certain amount of time for the sale of gold," Yingyu said at this time. Because, for the convergence of gold. Yingyu's banks and investment companies do it as a large number of speculative products, and they rarely hoard large amounts of gold. This has to be said that they are at a strategic disadvantage. In order to save this state of disadvantage, Yingyu had to ask for this time to be slowed down. They need a lot of time to reassemble a sufficient amount of gold.

In the Western Regions, a sufficient amount of gold made Yingyu a fortune, and they sold the gold to the market. In exchange for more and more original capital accumulation. For them, this is a fortune.

But the problem is that now finance is in urgent need of money, and they can't spend a penny. The national printing of banknotes does not inject it into it for no reason. What the country needs is interest, an exchange of equal value. Obviously, as hard currency, gold is the best equivalent for paper money.

What Yingyu obviously lacks is precisely this kind of hard currency. Therefore, Yingyu firmly opposed. Yingyu not only opposed, but also quietly signaled to Shangwen, seeking Shangwen's help.

"I need your help, you know?" Yingyu whispered to Shangwen at this time.

"What help is needed?" Shang Wen asked in a low voice at this time. At this time, King Qin focused his attention on Meng Yi. He believed that there was an unprecedented potential in Meng Yi's political nova, which made King Qin very happy. This is a kind of rare love of the monarch for talents.

To be honest, the deputy prime minister is a very annoying job. Because the deputy prime minister has to take care of everything, and at the same time he is the most leisurely person.

All-round consideration is to allow the deputy prime minister to be able to be in the absence of the prime minister. Can take care of everything and handle everything in time. The most important thing is to be able to follow the instructions of the prime minister. This requires excellent cooperation between two people. This kind of cooperation requires the sacrifice of a person's personality. A person needs to give in a lot of things to achieve this kind of cooperation. Meng Yi obviously sacrificed a lot for this kind of cooperation. such as. He needs to do things according to Shang Wen's intentions. You need to take on considerable responsibilities, and at the same time, you have to understand Shangwen's subjective ideas. For him, this has sacrificed a lot of his own ideas. Although Meng Yi said that this was a kind of learning, at the same time, Meng Yi was also sacrificing another thing.

And he is the most idle person because he has no main responsibilities, and the task of the deputy prime minister is to quickly take over the task of the prime minister. This makes it impossible for them to be full-time on a matter. It can be said that Meng Yi is both an opportunity and a challenge to carry out some things.

"I want to be able to delay this kind of gold transaction, know? We lack gold. A lot of gold. If we don't have gold and don't get the money, my bank will have to close. In that case, I will jump off the building." Ying Yu said to Shang Wen at this time.

"Oh. My goodness." Shang Wen said in surprise. Shangwen and Yingyu stand side by side. Talk in a low voice.

"Ahem." At this time, King Qin saw the two discussing private topics. This had to make King Qin remind them not to be too presumptuous by coughing.

"But, I can't help it. You know, the situation is urgent now, and the time is most needed. Time is not waiting for anyone. The king obviously means that the sooner the better." Shang Wen replied at this time.

"Ahem." King Qin coughed again at this time. The two people are discussing the most important topic. In their view, they must solve this problem, otherwise it will be difficult for them to maintain Wenyang Bank.

"You two, this is not a place to talk about love." King Qin really couldn't stand it. Said directly.

"Ah." Shang Wen seemed to realize that King Qin was talking about them at this time.

"Yes. Father." Yingyu looked at King Qin and replied.

"Go ahead." King Qin continued. However, Shang Wen and Ying Yu were red to the root of their necks.

"We should let the bank trade a lot of gold, so as to allow sufficient funds to circulate in the market again." Meng Yi continued.

And Shang Wen is still thinking about Meng Yi's problem.

Meng Yi’s problem is to classify the economic crisis in Qin State as a financial issue. In fact, according to current standards. The crisis that appeared in the State of Qin was not an economic crisis at all, and this kind of crisis is not a crisis according to current standards, at best it can be regarded as a short-term financial crisis.

The problem discovered by Meng Yi believes that this kind of crisis is currently in Qin. The reason is that Qin State Bank lacks sufficient funds. Due to the export of capital, Qin's domestic limited amount of money was suddenly divided a lot. This led to the insufficient supply of money in the Qin State, and the insufficient supply, which led to the decrease of the liquidity of the Qin State’s currency. The consequence of the reduction is that Qin's economy tends to be tight due to insufficient liquidity.

The manifestation is that the stock market as a whole is bearish. A huge short market appeared in Qin. This was a disaster for Qin, but it was also something that Qin had to face. Because of the export of capital, this result is often caused. Capital exports, especially Qin's half-two banknotes, have already taken on the nature of a regional currency. This resulted in Qin's direct export of Qin's half-and-half banknotes. This continuous export of half and two banknotes replaces gold. Let Qin State banknotes become universal currency. This is a substantial increase in Qin's economic strength. At the same time, it is also an increase of Qin's responsibility.

Thought of this. Shangwen believes that the Qin State should carry out a limited-scale economic reform at this time. Especially financial reforms.

"The King." Shang Wen suddenly interrupted Meng Yi's conversation at this time.

But King Qin frowned at this time. Obviously, he was unhappy with Shang Wen's sudden interruption of the conversation.

"My lord, I think that Qin should carry out a financial reform now." Shang Wen said at this time.

"Hey, idiot." Ying Yu saw that King Qin was a little displeased. Then remind Shangwen to pay attention.

"Financial reform!" Meng Yi exclaimed at this time.

"Financial reform." At this time, King Qin also felt that Shangwen's strange ideas always boldly put forward some unexpected ideas in places that were hard for others to notice.

"Yes. Financial reform. If Qin wants to make Qin's economy rise again. Then Qin will carry out a large-scale financial reform. This kind of reform has a brand new impetus for Qin's economic improvement." Shang Wen saw He touched the ground, waving his arms and said. Shangwen's words seemed as if there was no one around him, just like he was alone.

"En. Tell me about it." King Qin said with patience at this time.

"Qin State must first integrate all the banks in Qin State and establish a central bank." Shang Wen said at this time.

"The role of the central bank is to plan Qin's banking business in the overall situation and strategically." Shang Wen said.

"Central Bank. Continue." King Qin aroused enough interest.

"The next step is to establish a reserve fund system. The Qin State Bank has a serious funding problem this time because it lacks funds and does not have a certain warning value." Shang Wen said.

"This is also an important reason for Qin's incident." Shang Wen suggested. Ying Yu listened quietly. King Qin nodded in approval.

"The prime minister's idea is feasible." Meng Yi said at this time.

"If these situations occur early in the bank, I am afraid that we will save a lot of losses." Meng Yi said.

"En." King Qin nodded in approval.

"In addition, it is to introduce a series of measures to curb Qin's excessive speculation activities." Shang Wen said.

"Qin's financial speculation is really prosperous. Although speculation is inevitable. They can activate the market and add necessary economic vitality to the market, but now, their speculative activities have caused a great deal of economic activity in Qin's country. Influence." Shang Wen said at this time.

"En. Is there any specific measures the Prime Minister has introduced?" King Qin asked at this time.

"No." Shang Wen replied directly.

At this time, Yingyu heard such an answer and directly covered her face. Shang Wen's answer has always been amazing.

"En. Look, this matter is temporarily taken care of by Meng Yi. The prime minister can cultivate." King Qin said directly.

This is obviously for Shangwen not to interfere in this matter.

"Naughty. Your position is a bit dangerous." Yingyu said at this time.

"Oh. I know." Shang Wen said at this time.

Although King Qin agreed with Shang Wen's ideas. However, Shangwen could not come up with specific measures and plans. This made King Qin feel very embarrassed. On the contrary, Meng Yi was able to come up with specific measures. This measure was to exchange gold for paper money, and the amount of gold in the Qin State market was already quite large. Qin's two foreign expansions aggravated the increase in the quantity of Qin's gold. Coupled with the extremely active trade of Qin, gold from the six countries entered Qin on a large scale. Qin has never lacked gold now. This is a very good thing for Qin State. But at the same time, another thing was buried, that is, the excessive import of gold, which means that Qin will face potential currency inflation. Currency inflation is the most important factor that Shangwen considers in controlling the issuance of banknotes.

King Qin naturally did not consider these, and he did not go back and actively consider these. Because he doesn't understand these at all.