Zhao Guo, Handan.

"The people of the Qin State are working out this matter. We need to be patient and wait a little. Li Mu said after seeing the telegram sent back by the Prime Minister of Qin.

"Prime Minister, there are some things I don't know whether to say or not." At this time, Li Zuoche said.

"Say, what can't be said." Li Mu rubbed his temples, some things were very brain-consuming, and Li Mu felt that his brain power was a little insufficient.

"I think that our use of Qin currency, especially Qin banknotes, is a bit too passive." Li Zuoche said.

"Oh." Li Mu stopped kneading and looked at Li Zuoche curiously, he didn't know why Li Zuoche thought of this.

"Prime Minister, I think so, the supply of this capital depends on the price of gold. That is to say, gold is a foundation, at present, we also have a gold production area in Zhao, plus our Zhaoguo industry has risen, I think, we can obtain a large amount of gold reserves through foreign trade, with so many gold reserves, we can issue our own currency, at present, Koreans insist on using their own currency, that is, they issue their own banknotes, so the advantage is that they can issue more banknotes to support the liquidity of market banknotes, in contrast, We Zhao State will be a lot more passive, and many times, we will passively watch the people of Qin release a large amount of money in order for our Zhao State to develop, so that we are very limited to Qin State. Li Zuoche said.

"If we were able to issue our own banknotes, something like this could go a long way in solving our problems. We can use a large number of such measures to counteract, instead of passively waiting for the Qin State. If the Qin State and our Zhao State are at odds, the result will be unimaginable. Li Zuoche said.

"I have also thought about the idea you said, but the current national strength of Zhao State has not yet met the requirements of development, for example, if Zhao State rashly issues its own banknotes, what will be the result, if the Qin army comes directly, my Zhao State army now has less than 100,000 troops, how to resist. Moreover, the technical arms of the Qin army far exceed that of our Zhao army, and the logistics supply plus railway transportation, the Qin army can directly fight as long as it follows the railway, and our Zhao army does not even have a chance to stop it. Li Mu said.

"Besides, this requires a large amount of gold reserves to be issued, and at present, our Zhao State has not yet reached such a point, as you know, the trade volume of our Zhao State, as well as the national financial revenue. It is impossible to buy a large amount of gold at all, and the gold reserves seem to be too much, but if you look at the gold in our hands compared to the gold reserves of the banks of the Qin State and the government, you will know that our gold reserves are not enough at all. Not even a bank in the Qin State is inferior. Li Mu said.

"We can think about this matter, but we need to accumulate gold reserves for a long time, and this matter cannot be rushed, urgent." Li Mu said.

"Yes. Prime Minister, I see. We can't be in a hurry, and if we're in a hurry, we'll lose. Li Zuoche nodded and said.

"Well, this thing. We are passive, but there are other things that can be done, for example, we can reduce the collection of stamp duty, which can stimulate the stock market to rise. The rest depends on Qin's. Li Mu said.

Qin State, Xianyang.

"Increasing liquidity does increase money in the market." Shang Wen said after reading the report of Wenyang Bank.

"In particular, bank deposit reserves, they are the main force of funds, and only when they buy a large number of stocks in the Chu market can they achieve a rise, and will not overwhelm the role of the markets of various countries." Meng Yi said to Shang Wen.

"We can loosen the restrictions on the banks, but then the funds in the banks will not be able to increase further." Shang Wen took into account.

"And the government finances need more funds to develop the Western Regions, the temperature in the Western Regions is warming, how to solve this part of the funds, taxation has become unlikely, which requires us to fully consider the actual situation of all walks of life, if taxes are levied on the people, this is to increase the burden on the people, which is definitely not good news for the government." Shang Wen said.

"Hmm. However, there is nothing we can do. My solution is to increase the debt of local governments, which is the only way to do it at the moment. The only place where the local government is not indebted, but we can't sell these bonds, and we've looked at other governments that can afford that much debt, but at the moment, it's going to be difficult for us to expand our bond business without good banking and financial institutions as intermediaries. Meng Yi said.

"The only way." Shang Wen paused and said.

"What?" Meng Yi looked at Shang Wen and asked.

"It's the right to issue money in our hands, and the only thing that the government has before is this. Only if we borrow a lot of capital from the banks can solve this problem, but at the moment, it seems unlikely. Because the bank's funds should also be inclined to the Chu stock market. Shang Wen said.

"Hmm." Meng Yi nodded, he began to think about the current predicament of the Chu State, the Qin State government seemed to be a little powerless, but there was a good way to solve this problem.

"Metal currency. Perhaps the only way to do this is metal currency. We still have a lot of gold reserves in our hands, and if we sell them, it will cause the price of gold to fall, which is not good for us, but if we make it into a gold metal currency. On the one hand, the countries of the Western Regions are currently in a state of monetary tightening, and they need a large amount of metal currency to return to the Western Regions market. At the same time, our Qin currency also needs to give full play to the monetary advantages of our Qin State to regain control of the Western Regions in currency, and gold coins are the only way we can use at present, although paper money has good circulation, but the prestige of our Qin State cannot be spread, and Qin State still lacks enough prestige and strength to expand our power. Meng Yi said to Shang Wen.

"Issuing metal money." Shang Wen said.

"Yes, as you said, although regression is a bad phenomenon, the issuance of metal currency can meet the needs of the Western Regions, which may be a kind of progress." Meng Yi said.

"That's right. Very well said. Regression is a step backwards, but that doesn't mean it's not for the Western Regions. Shangwen nodded.