2662 damn the people of Chu
Qin State, Xianyang.
"I think of one thing, the Qin government's financial funds are very tight now. And there are a lot of projects. Yingyu said.
"Especially in the direction of the Western Regions, the Qin government has a lot to do, and such a large number of projects require an unusually large number of financial funds, but the Qin government cannot collect too many taxes. He can only rely on the advantage of numbers to complete the growth of taxes, from the economic development of Qin, Qin's tax revenue is growing, and it is very fast, which has exceeded the sum of the previous generations of Qin kings. Overall, this is a very gratifying result. But. Yingyu said with a twist.
"With the increase of fiscal revenue, there are many places that Qin needs to build. Western Regions, Northern Region. There are still many areas where more rail construction is needed to complete. In this case, more funds are needed. The fiscal situation is increasingly unfavorable to the government, and the only way to do it is to collect taxes, but this seems unlikely. Yingyu analyzed.
"If you were the government of the Qin State, what would you do?" Yingyu asked Xiao He at this time.
"Hmm." Xiao He frowned at this time.
"If it were me, I would mortgage the government's assets, which is the only way at present, and the Qin government's method is to issue bonds, but at present, the issuance of bonds is very bad. Because the stock market is rising rapidly. The boom in the stock market has made it impossible for the bond market to grow, and the government is unlikely to issue more bonds. Xiao He said.
"Mortgage bonds, or government assets, and then borrow a lot of money." Xiao He said.
"One thing came to mind." Yingyu said to Xiao He with a smile at this time.
"The right to issue money. You say, if we have the right to issue money, you say, how big are our banks? Yingyu said with a smile at this time.
"The right to issue currency?" Xiao He looked at Yingyu in surprise.
"Yes. The right to issue money, I remember, we used to have this argument, and now the government is in trouble, we have to help, but we also need to be paid. If we can provide such a large amount of financial support, we will be able to get the right to issue currency. With the right to issue money, we can control the size of the money in our hands and the interest of the bank. Yingyu said with a smile.
"So the banks can be so much bigger, think about it, the government needs a lot of money, otherwise, they can't do anything. And we were able to provide such a large amount of funding. Yingyu said.
"Hmm. The chairman's idea was bold, and the current power to issue the currency of the Qin State was in the hands of the banking group and the government. The royal family also occupies a part. All three parties are in the Federal Reserve Board of the Qin State Bank, and it is currently the Qin government that holds a large number of shares in the major banks, in fact, the banks have been controlled by the government, but if the government needs funds, there is only one way, which is to sell a large number of shares. But this requires a lot of money. But the government has no funds, and in the hands of the banking group, in the Cho stock market, the South Korean stock market already has a considerable part of the funds, so that a lot of funds can be concentrated to effectively buy so many shares. Not only that, but if necessary, we can also prepare more gold reserves to buy more national assets. It's just that. "Xiao He just arrived.
"What?" Yingyu asked.
"It's just that we have gold reserves, but gold is not a hard currency, and if we can make gold a hard currency, challenge the circulation status of paper money, or decouple paper money from gold, then the problem will become very big, and once paper money is decoupled from gold, the situation will be in our favor. It's just that we are still very confused about how this situation will develop. After all, such a situation has never happened in the history of the Qin State, nor in the history of the whole world. Xiao He said.
"Hmm." Yingyu nodded.
"Let's stop for a while, we can think about it. After all, such a thing still needs the development of all parties, and this is not something that one person can solve and come up with. Yingyu said. The current economic development is no longer a direction can affect the overall situation, although some banks can achieve absolute power, but such a force still takes a long time to solve, and is a result of the joint action of all parties, it can be said that the economy has become less controllable, or in the direction of a person's will absolutely, which means that the individual stock power of the economy is influencing.
Zhao Guo, stock market.
"What's going on with this stock? All of a sudden, it fell below its previous lows. "Some investors are anxiously watching the numbers on the stock market jumping, and the numbers are constantly falling, which is a bad signal, and many people are in a hurry.
"Oops, I see. I know. Just then, a young man rushed in with a newspaper and said.
"What's the news? Let's talk about it. Let's talk about it. "A lot of people gathered around anxiously.
"It's the state of Chu, the newspaper said. The people of Chu also want to open a stock market in Pengcheng, and the share of this market may be much larger. Although this news has not been confirmed, there is speculation that it may be true. And they may issue more than thirty shares at once. This is a staggering figure, and the money in the market will be attracted all at once. The young man said anxiously.
"Damn the people of Chu. Damn it. Zhao Guoren scolded loudly.
"Damn, I really hope that the stock market of this damn Chu people will fall as soon as it opens, and they will fall to death." When the surrounding Zhao people heard such news, they cursed one after another. In their opinion. The people of Chu are simply a stupid move, because this will extremely affect the rise of the Zhao market. In their opinion, this is huge negative news.
"The people of Chu are too much of a thing. Really, I saw that the stock market of our Zhao Guoren has risen. And they came, really. These damn Chu people, do they know what the stock market is? Many Zhao investors shouted and scolded. There was some confusion in the market, but Zhao investors calmed down, and some people have begun to sell their shares. Because the establishment of the Chu State market will cause a great decline. This panic cannot be eliminated.