2682 is good or bad
Pengcheng of Chu State.
"Look at the newspapers, shall you?" Fan Zeng handed a copy of the post to Chen Ping, and Fan Zeng's face was full of worry.
"The Qin people cut the RRR and cut the interest rate, and the South Koreans did the same, logically speaking, the market should have a big reaction, but the result is that the market of the three countries has not reacted much, what does this mean?" Fan Zeng said.
"There are still big problems with the existence of our Chu market, and what I am worried about is that as soon as our Chu market opens, it will face a huge decline, and it is already a good choice for the market not to fall." Fan Zeng said anxiously.
"Prime Minister, I think things are still turning a big turn. I think that the Qin people and the South Koreans cut the RRR and interest rates, which shows that they are still very concerned about our Chu market, if it weren't for the fact that the Zhao people didn't have their own banknotes, I think they would have cut the RRR and interest rates themselves. Chen Ping said.
"This shows that the Three Kingdoms are extremely concerned about our Chu State. But they don't have enough funds to help our Chu State at the moment, so we Chu State must also take some urgent measures to solve our own financial problems. Chen Ping analyzed.
"But how do we solve our financial problems, our Chu State does not have the right to print paper money, and the right to issue paper money has also been deprived by the Qin people. The only thing we have is that we still have some gold, but gold can only be exchanged for a large amount of paper money from the Qin State, and it will cost us a lot of money to put it on the market. Fan Zeng shook his head and said.
"Hmm. If the Prime Minister has considered what I have suggested before, if we can effectively solve the financial problem and put the metal money circulation here, I don't think there will be a big problem. Chen Ping said at this time.
"You mean, putting in metal money?" Fan Zeng asked.
"Yes, Prime Minister, we in Chu State can't always do this, a large amount of gold is also stored but cannot be circulated, a lot of money is needed outside, and we can't move it with a lot of gold, it's really a joke." Chen Ping said.
"In addition, there is another situation, that is, in the future, when the Chu State develops, will we still use the half-tael banknotes of the Qin State? Unlikely, our Chu State has its own monetary system, and gold's impact on the paper money system of the Qin State is precisely a very effective practice, gold is naturally currency, but paper money is not. They were only extended later, and if it weren't for the large gold reserves of the Qin State, they would not have been able to do so. In other words, the Qin State could make quite a lot of gold reserves, which gave gold the value of circulation. Chen Ping suggested.
Fan Zeng thought about Chen Ping's suggestion repeatedly at this time. Chen Ping's idea is right, Chu must indeed have its own monetary system, from the current point of view, after the Qin people controlled the right to issue paper money, there was a demand for money in Chu controlled by the Qin people, which had a huge impact on the economic development of Chu State, but Chu had to rely on the Qin people to develop its own economy, especially the demand for currency, but the people of Qin seemed to be a little cautious, which led to the fact that the demand for currency in Chu was not very large, and what Chu needed to do now was to regain control of its currency issuance power, In this way, the state of Chu will be able to have its own currency rights in the future. Because the effect of currency on the economy is very obvious.
If a large amount of gold is used to impact the paper money system, although it will bring a certain amount of confusion, as long as the exchange ratio of paper money and metal money is controlled, Fan Zeng believes that the paper money system can still be effectively controlled.
"You're right. Our Chu country must have its own monetary system, and using the metal monetary system to impact the paper money system will be very beneficial to our development. Fan Zeng said.
"We can give it a try if we have to." Fan Zeng said. For the issuance of metal currency, Fan Zeng believes that there is no such great need.
"Prime Minister, we have to do this at the moment, and only by doing this can we have sufficient funds to buy a large number of shares. You can use gold or paper money, in this way, you can attract a lot of money to enter the stock market of our Chu country, and our Chu country can develop rapidly, gold is not currency, but he is originally currency, and it is indeed a very tempting way to buy stocks with gold. Chen Ping said.
"This." Fan Zeng still had some hesitation, after all, the issuance of metal currency would have a great impact, and it was no longer a world that the Chu State could say.
Qin State, Xianyang. After receiving the telegram from South Korea, Shang Wen handed it to Meng Yi, hoping that Meng Yi would have his own opinion.
"What do you think?" Shang Wen asked Meng Yi. Meng Yi just shook his head.
"Our metal currency was originally put on the market of the Western Regions, but now it needs to be put into the market of Chu all of a sudden, and I have never thought about such a problem." Meng Yi said.
"It's true, I didn't expect it, but South Korea's move really hit the Qin country's banknote system." Shang Wen said.
"You and I both know that if metal money is issued, in fact, the existence of two monetary systems has already been proposed. One is the paper money system, he has his advantages, but at present, the world, and even the world still have his own monetary system, this system is the existence of the metal currency system, which means that if Qin wants to expand the paper money system, it must face the attack of this metal currency system, and this method must be taken into account. Shang Wen said.
"Moreover, considering that the state of Chu, Korea trades with the Mengla, they have a lot of gold, and the amount of gold may be more than we imagined, we are in the Western Regions, Yueshi, Anxi, Dawan, they still have so much gold reserves, issue paper money, can control gold, but it is not conducive to us to expand our influence. Do we need to consider a transitional currency, such as a standard metal currency? Shang Wen said.
"Hmm. However, I think this matter needs to be treated with caution, and if it is not done well, our paper money system may be greatly impacted. Meng Yi said worriedly.
"Well, we might as well hold an urgent meeting with Union Bank to discuss this matter, after all, this matter has a great impact on us." Shang Wen said.
"Hmm. I'm going to call the bankers to discuss the matter urgently. Meng Yi said and left Shang Wen's office. And Shang Wen sat quietly in his chair thinking about it. Whether the existence of the two systems is good or bad, and how much influence it has on the Qin State. Shang Wen is unknown.