1203 Princely Bank of Interest

"The current crisis in the Qin State has a completely new solution." Shang Wen said anxiously at this time.

"The state of Qin can issue bonds to make up for some of the disadvantages of the current gold exchange for paper money." Shang Wen said at this time.

"The amount of gold is now held by only the Crown Bank, and the other banks have a smaller amount." Shang Wen immediately explained the current problem.

"Now, the problem is, the banks don't have a lot of gold in their hands. However, there is a lack of an effective mechanism for the injection of paper money into the market, and we cannot expect those small retail investors to solve this problem, and what Qin lacks now is a large amount of capital, not a single individual. Shang Wen waved his arm to explain the problem to King Qin.

"And the banks are the key to the whole crisis." Shang Wen clearly pointed out the crux of the crisis.

"Banks lack a lot of money. Make the market come alive. In other words, the amount of money in the entire Qin state was very tight. This is an important reason for the current crisis caused by the Qin state. Shang Wen re-analyzes the causes of Qin's current crisis. Shang Wen clearly pointed out that the lack of currency in the Qin State led to a decrease in the liquidity of the entire market, and the result can be imagined, paper money is needed everywhere, but the amount of paper money in the entire market is very limited. It was so limited that everyone finally tried every means to seize the last little liquidity left. The collapse of the stock market was caused by such a situation.

"And the banks, according to the current plan, are very disadvantageous, because the gold is in the hands of the people. A limited amount of money is also in the hands of the people. And the banks have nothing. Except for a lot of borrowed loans and piles of stocks, there is nothing. The richest bank now has no money at all. Banks were originally in the money business, and now there is no money. This is how the crisis was created. It's horrible. Shang Wen said at this time.

"I know that." At this time, King Qin said coldly.

"So, the key is here, Qin needs a safe and feasible way to inject a large amount of paper money into the bank, but Meng Yi's plan is too simple. It simply can't meet the needs of the current market. So, my solution is to get the bonds back. Let them get their bonds back. Scatter the funds to them. At this time, Shang Wen said.

And King Qin didn't have any words at this time. Shang Wen looked at King Qin, who was silent. I was very anxious.

"Your Majesty. Now the situation is very serious. Shang Wen saw the silent King Qin at this time, and thought that the King of Qin didn't seem to be aware of the huge destructive effect of the crisis. So, Shang Wen changed the subject, and he shifted the topic to the dangers of the crisis.

"Now that the real economy has been impacted, some small and medium-sized banks in Qin have to close down because of financial problems. When small and medium-sized banks fail, people's savings become very dangerous. When the danger reaches a certain level, a serious disaster can occur. Small and medium-sized banks, followed by large banks. Banks lend money to all walks of life, retail, factories, and all kinds of other industries, and the banks do everything they can to get the money to get the factories to repay the loans, and if the factories don't get the money, the capital chain will break. The factory closed down. Workers lose their jobs. Without a source of income, they can't afford anything, and it's okay to say if it's one factory, but the problem is, it's many. It is most of the factory. We simply won't be able to provide them with so many jobs in the short term. Shang Wen explained.

"The most serious thing is that the banks of the Qin State collapsed, and they also swallowed the savings of these unemployed workers. Think about it. What will our people do? Shang Wen said at this time.

"The whole social order will be very chaotic." Shang Wen said loudly at this time.

"I can't imagine after the social order is in turmoil. What has become of the Qin Kingdom? Shang Wen said sternly at this time.

"The reason why the Qin State was able to rise rapidly was because there was no turmoil for a hundred years. In the past hundred years, the foundation for the unification of the six countries of the Qin State can be laid, and now this foundation of the Qin State cannot be messed up at all. Shang Wen looked at King Qin at this time and said.

At this time, King Qin was weighing the pros and cons. King Qin may have understood a little bit of Shangwen's meaning. Shang Wen meant that the state of Qin was now facing an outcome that could cause serious turmoil within the state of Qin.

The previous state of Qin had not experienced such a turmoil. At least at the general level of society, there has been no such unrest.

Such a chaotic situation would lead to internal turmoil in the Qin State. If there is turmoil in Qin, it will cause the decline of Qin's national strength. The decline of Qin's national strength will cause serious damage to all aspects of Qin.

But King Qin had another angle in mind. That is the current status of the Crown Bank. Although the royal bank has just grown, it is obviously not as good as King Qin imagined.

And that's not all. Another point is that the royal bank has not yet defeated its biggest opponent, that is, Wenyang Bank, Wenyang Bank's huge share of foreign investment, which makes King Qin feel very dangerous. He believes that at present, the Royal Bank is actively controlling Wenyang Bank. In this way, the Royal Bank replaced the Wenyang Bank, and the Royal Bank became the largest bank, both at home and abroad.

Although King Qin did not have the consciousness of a central bank, the practice of monopolizing the entire banking industry by King Qin obviously had such a trend of development.

Shang Wen didn't know what King Qin thought, but now there were two people who knew King Qin's thoughts, and Zhao Gao knew what King Qin meant. Yingyu, on the other hand, regarded his father's royal bank as the biggest threat. Because she knows very well that what can cause a huge threat to Wenyang is her father's royal bank. The Crown Bank has huge financial backing, which it does not have.

But Shangwen didn't know any of this. Shang Wen believes that the Qin king is still not aware of the great threat posed by the current crisis.

"Your Majesty, we must solve this problem quickly, and time cannot drag on. If it continues like this, then the Qin State will become more and more troublesome. The real economy has already suffered a certain amount of losses, and we cannot afford to suffer such losses, because the longer the time drags on, the longer it will take for the Qin State to recover. Shang Wen said at this time.

"The more influence this will cause to the six countries, the more damage will be done." Shang Wen emphasized this point.

"Yes." King Qin finally realized this at this time. He believes that Shang Wen is right. In the face of national interests, a Wenyang bank is nothing. Although the Crown Bank could not control all the banks, it was also much stronger. Moreover, in the following banking business, you can take the opportunity to gather wealth again.

Come to think of this. King Qin naturally breathed a sigh of relief. After all, the King of Qin was thinking about the state, not a single royal bank, and the royal bank was only an individual of the Qin state. Now the power of the state has suffered serious losses, which the King of Qin will never allow to see.

What Qin needs now is to restore the current order.

"Yes. So Prime Minister, do you have a detailed plan? King Qin asked Shang Wen at this time.

"This." Shang Wen's mind was blank at this time, and he couldn't come up with such a big plan in a short period of time at this time. Moreover, Shang Wen needed to understand all kinds of circumstances in order to make a plan, and rashly say a plan, which would hurt the Qin State even more that year.

"Nope." At this time, Shang Wen replied honestly.

"Ugh." And Yingyu next to her heard Shang Wen's answer. Alas, sighing, he knows. Shang Wen definitely won't be able to do it again this time. If he doesn't get it right, his father will reprimand him well. Thinking of this, Yingyu was really worried about Shangwen.

"Yes. Then the prime minister will go back. Think of a plan to come out. King Qin said at this time.

"Ugh." Yingyu heard King Qin's answer at this time. I couldn't help but sigh for Shang Wen. It seems that the result is really accurate by himself. Yingyu felt very sad and unfortunate for Shangwen.

"Your Majesty, the minister believes that at present, I should resume my position, only in this way can I make every effort to solve the current crisis, if not, then there will be an even more serious crisis in the Qin State." Shang Wen said excitedly at this time.

"Yes. Prime Minister, as long as he comes up with a plan, the widow will be allowed to resume his position. At this time, King Qin said directly.

"I understand." Shang Wen nodded in agreement at this time. And Yingyu on the side looked at Shang Wen and then at her father.

At this time, King Qin's idea was to occupy some favorable opportunities for the royal bank in the final plan, so as to bring huge advantages to the future development of the royal bank.

And Shang Wen didn't think about it so much at all. Shang Wen believes that an absolutely good plan should be come up with at the moment to get Qin out of the current situation. For the rest, he didn't think about it that much at all.

"What are you going to do?" Yingyu asked on the way back from Tui Shangwen.

"I don't know. However, I had to come up with a plan, and it was too urgent right now. Time is too important for the Qin State. The Qin State can't drag it out for a day now. Shang Wen said to himself.

And Yingyu heard Shang Wen's answer. I could only shake my head helplessly. For this great prime minister, the affairs of the Qin State were too important to him.

"Still, I think you should consider the interests of the royal bank." At this time, Yingyu proposed.

"Royal Bank?" At this time, Shang Wen asked suspiciously.

"Why should we consider the royal bank, now we have to consider the interests of the Qin State, not the interests of individual banks." Shang Wen said puzzled.