The onlookers said well, the value of copper coins in the Great Song Dynasty often depreciated, like Yang Zhi sold knives in "Water Margin", Niu Er took three copper coins and said, "Three is one." This means that the value of the money has depreciated so much that it can only be used as one of three copper coins.

The indiscriminate issuance of copper coins is also a way for the government to plunder the people, although the people are miserable, but there is nothing they can do.

'King Wu, can we exchange copper coins for your Jiangnan coins?' ’

Another onlooker asked.

'Yes, as long as it's the currency of the Great Song Dynasty. Of course, we have a set exchange rate for this exchange. Gold has the highest exchange rate, followed by silver, and copper coins are the worst. In addition, the exchange rate of copper coins fluctuates the most, mainly because the value of copper coins is extremely unstable. ’

Li Yibai explained eloquently.

Li Yibai said again, "Please rest assured of the strength of our bank, we must be the strongest in the Great Song Dynasty." I invite you to visit the vault. ’

Saying that, Li Yibai led everyone to the elevator, and then came to the vault on the eighteenth floor.

The men opened the door to the vault, and a room full of silver emitted a white light of rumors.

'Wow. The crowd was stunned. I estimate that the minimum amount of silver is 10 million taels. ’

'yes. It's a lot of silver, I guess I've seen the most in my life. That's more than the silver in Jiangning's treasury. ’

What's more, the purity of this silver is high, and it is really the same as the kind of silver brought by King Wu before. King Wu's strength is strong, and the issuance of banknotes is trustworthy. ’

Of course, not to mention that King Wu has 10 million taels of silver, it is a big money village in Suzhou that has 1 million taels of silver issued Jiaozi, and the people are scrambling to use it.

King Wu is also the prime minister. Prince. Bestow on Nine Tin. Such a big man, his credit and power, can not be compared with those big money. ’

Because of Li Yibai's strong strength, the convenience and practicality of Jiangnan currency, and the preservation of the value of Jiangnan currency, soon all the people in Lin'an City began to go to Li Yibai's bank to run Jiangnan currency.

The portrait of King Wu on this banknote is so beautiful. ’

'There is also the avatar of Princess Wu, Princess Wu is so beautiful. ’

The people who had just exchanged the banknotes said excitedly.

'It's better to exchange copper coins for Jiangnan coins. Jiangnan coins can be exchanged for silver, what a stable currency this is. ’

Another person who took the copper money to exchange it for Jiangnan currency said happily.

At this time, Ryugo was also in the bank. He took out a Jiangnan coin and said to everyone, "Listen to me, our Jiangnan coin has a unique anti-counterfeiting technology, and you can see the shadow inside when you hold the Jiangnan coin against the light." And there is also Braille on it, which is convenient for people with disabilities. ’

Hearing Long Wu say this, everyone took out their banknotes and looked at them, "Sure enough." The printing technology of this Jiangnan coin is much more powerful than that of Jiaozi. Jiaozi's anti-counterfeiting relies on notes and various drawings, and the drawings must be changed regularly. I think this Jiangnan coin is a thief, and he can't imitate it if he wants to break his head. ’

'yes. Oh, yes. In this way, there are almost no counterfeit coins in Jiangnan coins, which is really reassuring. This Jiangnan coin is light and easy to buy things on your body. ’

Long Wu took out another bank card. Listen to me again, and in the future, we will use bank cards for transactions. Everyone at the time of opening an account. You will be given two vouchers, one is a booklet. One is a magnetic card. This booklet is easy for all of you to read, and it has the name and amount of the account on it, as well as proof of deposit. But you may not understand this card for a while. I'll explain it to you.

The bank card can be used to check the balance in your account independently through the ATM over there. You'll also be able to transfer money and withdraw money.

ATMs are like tellers in banks. It's all automated, though. It is also called an ATM. This saves time and makes it easy to use.

ATMs are open 24 hours a day, so you can withdraw money even when the banks are closed, which is very convenient.

You can go there for an experience, and we have staff to provide teaching. ’

Hearing what Long Wu said, many people got the bank card they had just opened an account and ran to the automatic withdrawal area to experience withdrawal.

These people are all rich people or wealthy upper-class people in Lin'an, and they are all intelligent people. They went through the presentation by the bank clerk and they did.

'It's fantastic. I never thought there would be such a way to trade, it is so simple, convenient and safe. ’

'yes. Fortunately, King Wu let me join the bank. Otherwise, my bank can't compete with King Wu's bank. ’

Guangyuanzhi, who opened the bank, sighed.

That is, what a generous and virtuous man King Wu was. Of course, he will not let go of any of the people. ’

The senior member said praisefully.

Other branches have been set up, and communication networks have been laid so that all the computers that are counted on are connected to the head office, and the ATM settlement is also opened.

In the streets and alleys of Lin'an City, you can see these ATMs lit up day and night.

The ATM is naturally monitored, and those petty thieves can't steal a penny, and because of Li Yibai's benevolence, the security environment in Lin'an City has become better than before, and almost no one has done anything bad.

Li Yibai's family.

'Daddy. Now that our bank has also been established, we can get a lot of money to carry out construction by issuing banknotes, and we can also quantify easing, so as to promote consumption and activate economic growth. ’

Long Wu smiled at Li Yibai and said.

'Hmm. Now it's all in my imagination. Now our heavy industry has also been built. There are also some light industry in Lin'an. This cycle is basically a bit rudimentary. What is the situation with the use of Dasong Capital now? ’

Li Yibai asked.

"Now our steel mills and rolling mills have a lot of wealthy people to buy construction funds. We can use the funds of the Great Song. Like now, our transportation and workers' wages are paid with Da Song's money, which saves us a lot of money. ’

Long Wu said excitedly.

'Hmm. We have to do that. The economy of the Great Song Dynasty needs to circulate on its own. Otherwise, it's all up to us to import from the United States. By the way, now we should also invest a lot in transportation. Now the transportation capacity of the Great Song is too poor. ’

'Dad, do you mean, building railways and highways?' However, the infrastructure of Lin'an has not yet been built. Now we are in a hurry to build railways and roads in other places, and it is estimated that the funds will not be able to keep up. ’

I know that. But we still have to develop transportation. Now the water transportation of the Great Song Dynasty is very abundant. But there are no good ships. They still use wooden boats. And they are transported from the Yangtze River, and they can only go downstream. The big ships that go to sea are also wooden ships, and they can only rely on the wind to take the 'zhi' route, which is too slow to transport goods. It takes almost a year to sail to Persia at once.

We must build a shipyard in the Great Song Dynasty, even if the ships are not very advanced. Only in this way can we first transport Yibin's natural gas to Lin'an by iron ship. And we were able to transport goods all over the country in iron ships, as well as to Persia.

Iron ships are powered. The shipping speed will be very fast, so that we can get the funds back faster.

We must make full use of the advantages of water transportation in the Great Song Dynasty. For example, the Grand Canal has been the main artery of the north-south exchange of goods since the Sui Dynasty. Our iron ships speed up the delivery, which will bring great benefits. It can even change the pattern of the North and South markets. ’

'Hmm. Dad, you're right. If our iron ship arrives in Persia in 4 months, it saves 6 months compared to arriving in Persia in a year. You must know that in 6 months, 1,000 taels of gold can rise a lot of interest. ’

The two were talking about speculation.

That's when the elevator arrived.

'Boss, our water pipes have already been laid, do we need to lay the telephone network at the same time?' This can save a lot of money by digging a pit in one way. ’

Li Yibai thought for a moment, "You can lay it at the same time, but don't open the telephone line after it is built." ’

'Don't open it. Both the Heightener and Ryugo were amazed.

'Dad, why don't you open it, isn't it conducive to Lin'an's economic development that we build Lin'an's infrastructure?' Long Wu asked suspiciously.

Li Yibai smiled faintly, "You're right. However, we need to control the communication tools. Because communication tools have a big impact on business. Merchants like the Great Song Dynasty knew the gap between the two places, so they resold goods back and forth. If the phone brings them this kind of convenience in terms of information, it is estimated that they will become cunning.

I think such an advanced communication tool should be controlled by me. Only our people can use it, so that we have control in the economy.

You look at China's characteristic state ownership. Their government then controlled energy, communications. They believe that these are the most important things and cannot be controlled by capitalism.

Naturally, we allowed a free market economy. We need to have a strong business strength. This makes it easier for us to control and regulate the economy.

So the telephone line can be laid, but the phone is encrypted first, and only our company is allowed to use it for a limited time. ’

Both the Ascender and Ryugo nodded.

Li Yibai said, "We have restricted telephones, but not radio stations, this is our propaganda tool." This is important. ’

Pipes and telephone lines were laid. The wages of these workers who dig the ground are provided by Lin'an's funds. Li Yibai's salary is very high, and the workers are very satisfied.

Workers have earned money and their spending power has increased. Because of the consumption of workers, Lin'an's economic growth has accelerated.

But Li Yibai was not satisfied, his idea was that some of the rich people's money must flow to the workers, so that the workers could have a chance to become the middle class.

So he increased the availability of this modern product and increased the number of advertisements on the radio, and these advertisements were high-level.

The most prosperous street in Lin'an was also installed by Li Yibai with a giant screen TV. This giant screen TV also shows advertisements for modern products.

Those local tyrants in Lin'an were thrilled after seeing it and bought these new products one after another. (To be continued......)