Chapter 1208: Bank union

“It’s not good for banks to participate in it. After all, the issue of currency is best controlled in the hands of the government. This can effectively control the number of banknotes issued. You know, if the number of banknotes issued is too large, inflation will be triggered, and bank participation. Among them, it is too easy to get the money they want from the people. I think this is undoubtedly helping the bank to rob the people. Therefore, I think it is better to have the government in the hands. At the very least, the government can effectively control it." Shang Wen Said at this time.

"So few people think that government control will also cause some panic. You know. The government is also managed by the prime minister. If the prime minister's policy is wrong. Then, isn't Qin going to fall into crisis and disaster?" Qin Wang asked at this time.

"This." Shang Wen did not expect such a result. However, Shang Wen thinks that this is indeed the case, because Qin's main policy-making is basically made by the prime minister of Qin. Moreover, the State of Qin currently does not have a clear legislative body to make laws. At the very least, there is no such product as a democratic parliament to formulate clear legal provisions for control.

The prime minister's power is actually still very large. Shang Wen himself felt so. The prime minister has great freedoms. Especially in terms of law making. Once it is formulated to do so. Whoever is in power, then the central bank will obey such an arrangement. Thought of this. Shang Wen felt that things were a bit tricky.

"It's true." Shang Wen thought for a while and said.

"The minister thinks. What the king said is." At this time, Shang Wen thought for a while and said.

"En." King Qin smiled at this time and nodded in agreement. At the very least, Shang Wen said that his views were flawed to some extent. In Shang Wen's view, this defect is still fatal.

"Qin State should establish a banking alliance with multiple banks. The established banking alliance has the nature of the Qin State Central Bank. Moreover, the banking alliance has a competitive relationship, so it can complete Qin State's financial affairs more effectively." Shang Wen said at this time.

"En." King Qin nodded at this time. If it is according to Shangwen's bank union. Ranked according to current strength. At the very least, the Royal Bank will sit in the first place. First of all, the Royal Bank was the first to have a large amount of intensive funds. Moreover, during this crisis, the stock price of the Royal Bank was the strongest. The stock with the lowest decline was the Royal Bank. The largest decline is Wenyang series stocks. Steel. retail. Military industry and railways, etc. As long as it is a stock with the word "Wenyang". Both experienced large-scale declines across the board. This caused Wenyang Company to suffer serious losses. The crisis led to a large-scale decline in Wenyang's strength. His overall strength temporarily ranks second.

It was for this reason that King Qin believed that after Wenyang suffered severe losses. The Royal Bank will have an excellent opportunity to occupy a dominant position, so that the entire banking alliance. The real decision-making power will be the Royal Bank. Therefore, King Qin agreed with this plan.

Subsequently, Shangwen was ordered to perfect this plan. As for the main link of the banking union. It will be left to the market to decide. Shang Wen just made specific words about the things that the Banking Union is responsible for, nothing else?

"What? Banking Union?" Ying Yu shouted in Shangwen's office.

"Yes. This is similar to the central bank of Qin State. Banking Union is the central bank that represents Qin State." Shang Wen said at this time.

"I am opposed to this plan. Judging from the current strength, the Royal Bank must have the absolute initiative. We Wenyang Bank lost a lot. You know. In the entire stock market, our stock became the largest short stock. The magnitude of the decline. It is the biggest. They are not optimistic about our Wenyang Bank. If we follow the degree of capital profit, then our Wenyang Bank will suffer a lot. Moreover, we urgently need funds, but we can only sell the stocks in our hands, but, The stock is too worthless." Yingyu objected.

"I know this." Shang Wen said while sitting in a wheelchair.

"But now does not mean the future." Shang Wen said at this time.

"Now. Now, the Royal Bank will dominate, and they will get a lot of funds. Isn't it the same?" Yingyu said at this time.

"Oh no, no. Qin’s present does not mean that the future is like this. You must know that Qin needs a stable and healthy developing financial system. The financial system has to undergo a large-scale reshuffle, which has not yet been completed. Start." Shang Wen said at this time.

"Without sufficient money, how can I occupy the market, how can I occupy an absolute advantage in this financial system." Yingyu said at this time.

"En. There is a way." Shang Wen said with a shrug at this time.

"What way?" This time. Ying Yu asked.

"The way is to change the financial investment environment. Your advantage is that you have a huge trading system and complete foreign investment channels. The Royal Bank does not. The Royal Bank is a very big shortcoming in this business." Shang Wen at this time Said.

"I think after Qin State injected a large amount of banknotes. These banknotes will definitely flow abroad like a flood. At that time, your money will become more and more." Shang Wen said at this time.

"Don't forget. After the establishment of the Banking Union, the business of many banks will be linked together. Not only that, Qin Guo will introduce some policies to encourage some large banks to merge and reorganize some small banks. Some small banks must be reorganized. Merger. In this way, it is equivalent to reintegrating resources. Do you know?" Shang Wen asked at this time.

"What?" This time. Ying Yu asked.

"This is equivalent to telling you that the banking industry is shuffling on a large scale. You will eat a lot of small banks." Shang Wen said at this time.

"Eating these banks means that you will merge these businesses. There will be many ways to make money." Shang Wen said at this time.

"Also, we plan to continue to issue a large number of bonds within a period of time after the establishment of the Banking Union. First, the old bonds in the market will be acquired. Second. The government needs to withdraw some of the funds. You must know. There are many places that Qin needs to build." Shang Wen said at this time.

"So, the issuance of bonds is a must. You can think about it at that time. This will help you improve your investment plan." Shang Wen suggested.

"En." Yingyu frowned and nodded at this time. Although she didn't understand what Shang Wen was talking about. But Shangwen was clearly telling Yingyu about some changes in Qin in the future. As long as you have mastered the changing trend of Qin, are you still worried about the rapid rise of Qin?

This time, Wenyang Bank lost a lot. But don’t forget. The foundation of Wenyang Bank is still in the real economy. He also holds considerable strength. In finance. Wenyang Bank's investment projects are almost the most comprehensive among all banks in Qin State. It can be said. Although Wenyang Bank suffered a greater loss in terms of financial resources. However, in terms of strength, the loss was not too great. Moreover, as long as you add time, you can quickly recover. This is Shangwen's most important point.

"This is called post-production control. Although the royal bank has the initiative. Don't forget. The Qin government is also involved. The biggest initiative is in the hands of the government. The government will buy a lot of gold and company stocks this time. Corporate bonds are exchanged for corporate bonds. The injection of funds." Shang Wen said at this time.

"So, don't worry about these." Shang Wen said at this time.

"As long as there is enough time. That's it." Shang Wen comforted.

"En. I hope so." Yingyu nodded helplessly and agreed.

But Shang Wen shook his head helplessly. Yingyu's answer looked a little unhappy. Shang Wen can only comfort here.

Subsequently. Shangwen continued to improve and revise the plan. This plan has been revised several times. Mainly after perfecting some specific schemes. Shangwen will make some internal statements in the main hall of the State of Qin, and after passing it, he can resume his position. To implement this program.

And on the eastern front. Both Zhao Jun and Qi Jun were exhausted in their final desperate struggle.

"Boom." A shell exploded on the Qi army's position.

"Wow." Another shell flew over at this time.

"What are we doing?" At this time, a major general officer of the Zhao Jun military mission asked.

"Report to the general that we are going to occupy that highland. We call it 223 highland." A colonel said at this time.

"After occupying that high ground, what can we do?" At this time, the major general asked.

"We can open up the main passage leading to the Qi army. In this way, our army can quickly go south to fight. We have a certain advantage. The high ground is full of plains, and there will be no fortifications that can resist us. Offensive. We only need to advance. Advance. We can reach the river and the entire Qi army will surrender." The colonel said at this time.

"En." The major general nodded and said at this time.

"How many times have you attacked." And this time. A brigadier general asked.

"We have attacked twelve times. We have invested in three infantry battalions. But the result is that we only occupied the previous Dingkou Village, that is, that village, and the rest of the village did not make any progress. The Qi army is like a group of mice, we can After they fought, they evaded, and when we rushed up, they appeared. The Qi army fought in a frantic hand-to-hand fight with us. Our offensive could not be launched. They fought with us with explosive kits, and we suffered heavy losses. They were too undesirable. Dead." The colonel said in horror at this time.

And all the mission officers looked at the colonel in surprise. They couldn't believe that Qi Jun would defend his position like this.