Chapter 720: The Metabolism of the Great Week (First Update of the New Year)
Ye Hua didn't use any demon methods, borrowing money is interest-based, people often like to look at money and things as opposites, in fact, money is also a commodity, isn't the interest of money the profit of the commodity?
Following this line of thought, the problem of debt is not difficult to solve, and the imperial court issues debts, which are essentially not borrowing money, but creating a special commodity.
It's like if you buy a car, use it for a while, and don't want it, you can't go to the car company to return it, you have to go to the second-hand market to sell it......
Therefore, the bond market is the second-hand market for bonds, and if you want to exchange it, you can sell it in the bond market...... For the court of the Great Zhou Dynasty, it was enough to prepare an interest budget every year, and even issue new debts to pay off old debts, as long as the total amount of debts was controlled, there was no problem......
Doesn't that sound familiar?
That's right, this is the routine of "Meidi", some people think that with more than 1 trillion bonds in their hands, they can be forced to repay the money like a creditor.
But I'm sorry, people won't give money!
If you want to exchange, you can just go to the bond market and sell it.
But the problem is that in the bond market, there are trillions thrown all at once, no one takes over, the bond market collapses, and your trillion will become waste paper and have no value.
Of course, this trick can hit the bond market hard, but in the final analysis, it is still self-inflicted losses of 1,000 and killing 800 enemies, some of the gains outweigh the losses, and it is easy to use, after all, foreign exchange is also exchanged by the common people with blood and sweat, how can it be easily wasted!
Doesn't it sound very aggrieved, but I'm sorry, this is called hegemony!
Today's Da Zhou definitely has the capital to play the game of hegemony.
Those merchants originally wanted to force the imperial court to repay its debts, and then storm the banks and scrap the paper money...... It's just that with the listing of bonds, the whole situation has changed.
They can still sell, but the turmoil will only stay in the bond market, and they will not be able to directly hit the banks.
On the other hand, if the price of the bonds plummeted, the imperial court would be able to recover the bonds at a very small price.
In other words, it is equivalent to the imperial court selling high and buying low, and invisibly, the debt crisis is passed on.
After a short period of trade-offs, businessmen found that the best way for them to do so was to hold on to the bonds and gradually reduce them at the right price, or simply suck in a large amount of bonds when it was profitable!
Moreover, these businessmen also found that although the imperial court played tricks, the interest was real.
Compared with deposits, government bonds are still very competitive.
It seems that in the future, when the imperial court issues bonds, they will have to take over......
Yes, that's great!
Champion Hou!
Ye Hua!
You are the devil!
How many people have been studying Ye Hua's method without sleeping...... The more they studied, the more they felt that it was seamless and terrifying!
The most shocking thing was Chai Rong, who almost wanted to laugh three times.
Ye Hua, this guy, is really a treasure, he can always walk out of an incredible road when there is no road!
His Majesty the Emperor immediately summoned Ye Hua into the palace, and the crown prince Guo Zongxun was like a little tail, following behind Ye Hua, his little face flushed.
"Master, it's amazing!"
The little one sticks out two thumbs up.
Ye Hua smiled indifferently, "It's all small insect carving skills, it's not worth mentioning." ”
The little guy didn't think so, "Master, do you know it, my uncle listened to your method, he was stupid, and he kept talking, impossible, impossible!" ”
Guo Zongxun said in an exaggerated tone: "Uncle said that everything can't appear out of thin air...... But he couldn't figure it out, why could Master make something out of nothing? ”
"Hahaha!" Ye Hua laughed, "Brother Xing is studying arithmetic, and his brain is plugged, he doesn't know that there is a thing called anticipation!" ”
"Expected?"
"It's the future, and it can also be said to be the Elysium of Buddhism!"
Ye Hua said with a smile: "Your Highness, speaking of monks, it is the real master, people draw a big cake, and then they are all over the world with money, how many good men and women would rather eat a bite less, but also give the money to the temple, praying for a good life in the next life." But the monks never cared about the afterlife, and everyone ate fat and big! ”
Ye Hua concluded: "Compared with those people, I am kind, not to mention the bonds, but also to pay interest!" ”
In the face of the logic that is so strong that it cannot be repeated, Chai Rong and his son really have nothing to say.
The so-called stock market, bond market, futures...... It is to sell an expectation, buy if you believe that the future will be better, and sell if you are worried.
Whether you buy or sell, you have to pay taxes, and the treasury has a stable amount of tax.
Moreover, it can issue bonds with the left hand and currency with the right hand to fill the national use!
"Ye Qing, in this way, is it true that Da Zhou will never have to worry about the shortfall, and I can let go of my hands and feet?" His Majesty the Emperor's eyes were shining, and he was obviously going to do a big job again.
Ye Hua hurriedly said: "Your Majesty, the minister said that the financial game is a small road, and the problem is here, financial transactions, or buying short and selling short...... Those wealth figures, it's all on paper. If the imperial court issued too many monetary bonds, everywhere, and everyone perceived the depreciation and began to sell, there would be a huge crisis...... In addition, if the imperial court is not cautious, assuming that the battle is lost, the expectation will change, which will also cause fluctuations in the financial market. ”
"All in all, the stock market and the bond market can magnify both wealth and danger. Be more cautious than ever! ”
Chai Rong thought about it, and gradually, he also figured out the key.
The financial game is a process in which the strong get stronger...... Seeing the opportunity, through leverage, leverage several times the wealth, and use other people's money to create value for yourself.
In the same way, if you make a mistake, the risk will be added to yourself.
This is true for individuals, and so is for the imperial court!
Financial games can be played, but not addicted......
"It's like carrying a load, you have to be cautious." Chai Rong summed it up incisively: "Those old and decrepit ministers categorically can't understand the key, and keeping them in the court is also a corpse vegetarian meal. I need more shrewd and capable courtiers to manage the country for me! ”
His Majesty's words set the tone for the metabolism of the imperial court.
When he came back from the household department, Fan Zhen quickly wrote a letter to resign, and he also read seven books in a row, and his words were sincere and unusual.
After thinking about it, Chai Rong still felt that he had to give the old minister a little face, after all, it was Guo Wei who left him to be beaten down, and he was too unkind.
Chai Rongjia Fan is the Duke of Qi, the Taishi, and stayed in Luoyang...... In a word, let the old man go to Luoyang for the elderly.
Fan Zhen immediately thanked him and resigned, left the capital, and went to Luoyang to recuperate.
As soon as Fan Zhen left, the entire court situation underwent earth-shaking changes.
Many people thought that Ye Hua would take advantage of the situation to take over the prime minister and complete the feat of entering and exiting the prime minister.
It's just surprising that the position of prime minister fell into the hands of Wang Pu!
As Chai Rong's trusted mastermind, Wang Pu has been trained in Hedong for many years and has outstanding political achievements.
It's just that before Wang Pu took office, he gave Chai Rong a lesson, and Wang Pu thought that since the political hall was abolished, he should not be called the prime minister.
The Cabinet Scholars are mainly auxiliary monarchs, in order to highlight the meaning of auxiliaries. Wang Pu suggested that the prime minister be renamed "the first assistant", the second minister "the second assistant", and the rest of the princes "group assistant".
Wang Pu's suggestion was approved by Chai Rong.
His Majesty the Emperor has taken another solid step on the road to authority!
It is worth mentioning that there is another person who has entered the cabinet, that is, the original Hanlin bachelor, the current left waiter of the Ministry of Rites, Li Shi, who took over the university scholar of the National History Museum, focusing on education issues.
This arrangement is very unexpected, Li Xian is a student of Feng Dao and Ye Hua's senior brother, but he is arrogant and perverse, and he has talent, but he has a poisonous tongue, except for a few people, no one looks down on him, and even the heart of fame is not strong, everyone else is promoted, but he is the only one who stands still and doesn't care.
was able to be promoted to the left waiter of the Ministry of Rites, or because the Ministry of Rites had a major case of the imperial examination, the original few people were cleaned up, and Li Xian reluctantly took over.
Who would have thought that just a few days after taking over, he would jump into the cabinet.
There are really not many people who are convinced of Li Shi.
But on the contrary, there are not many people who dare to attack Li Shi.
Under this weird atmosphere, Li Xian announced that he was worshipping the prime minister!
"The sage promoted me to the cabinet, it is nothing more than two things, one is to succeed Wang Pu and Wang Xianggong, and do a good job in the reform of Confucianism, and the other is to innovate education...... Not to mention the astronomical calendar, arithmetic medicine, metallurgy, weapons, machinery, finance, these disciplines that have emerged in recent years, traditional readers know nothing! ”
Li Shi said sharply: "Ten years of cold windows, as a result, they have learned useless things, and they are pitiful enough!" ”
In fact, the education reform is not a day or two, the Da Zhou School is there, but the problem is that if you want to get a new school, where to find so many teachers who are proficient in new knowledge?
After all these years of preparation, the Great Zhou Academy has cultivated tens of thousands of newcomers, plus Suiyang Academy, as well as Youzhou, Jiangning, Luoyang, Chang'an, Yangzhou, Suzhou and other places of government schools, talents can be regarded as so-so.
"Now there is only one problem left, it depends on how much money the court can give me."
"How much do you want?" Ye Hua asked casually.
Li Xian thought for a long time, "Just the degree branch, you have to come up with at least 20 million yuan!" "Li Xi is not very sure whether the imperial court can get the money.
"Hahaha, there's no problem with this, I talked to Wang Xianggong, he means that it will be used in education, no matter how much it is, it is not too much, his plan is to take out 30 million yuan!"
"What?" Li Xian jumped up in shock, "Is it really so much?" Didn't the imperial court just make a deficit? I heard that there is no money to reward the soldiers. ”
Ye Hua glanced at him, "How many years ago is this yellow calendar, don't you care about the stock market?" ”
Li Xian spread his hands, "You don't know, I don't have more than the usual money!" Not to mention playing stocks, even the thrush raised a few years ago has abandoned the dark and turned to the light, disgusted that I am too poor! ”
Every time he saw Li Shi, Ye Hua was very happy, at least Fu San was much more enlightened than Zhe's. "I don't care if you're poor or not, just don't be poor in school!"