"The operation we are ready to promote can only succeed and not fail, although the probability of our failure is very small, but we must also have a comprehensive prevention plan in place. We really didn't expect that the central bank and the note-issuing bank, which we had the final say, would be split in two by the genius Lao Chen! ”

"I have won awards and awards, I also found these loopholes in the process of applying for the establishment of a composite standard to get the inspiration, this action can be said to be a billion profits, there will be absolutely no mistakes, I dare to take all my property and group shares as a guarantee.

We have not been playing the financial game beyond the times for a day or two, and the quality of various systems and personnel is basically in place, and we have officially started to act at the best time through repeated calculations, so as to avoid the crisis of premature promotion of compound standards and the opportunity cost and huge losses caused by late promotion. As soon as we arrived in this era, we began to make all kinds of preparations, and finally it was harvest time, and once the operation reached the minimum goal we set, we had an annualized return of at least 3,000% on this investment, which is one of the highest returns in the history of the world for large-scale investment projects of more than one billion dollars. ”

"Lao Chen, don't be so conservative, according to the highest goal, the income will be 100 times. The passage quoted by Lao Ma doesn't seem to be enough to describe our efforts! This kind of action to obtain the ownership and management rights of the central bank and the note-issuing bank can definitely be regarded as the highest profiteering of the willing to dedicate one's soul to the devil. There are many investment projects with an annualized return of 100 times the principal, but this kind of windfall profit is difficult to maintain for several years, such as the East India Company's investment income is only 13 to 15 times, and it is estimated that after ten years, it will quickly drop to less than 5 times. Historically, the spice trade and the silk trade have often exceeded 100 times, and the total profit margin from start to end point is even more than 200 times. Small-scale projects can easily achieve this level of profit, and once the scale exceeds market capacity and the slope of the price-supply-demand balance curve, the rate of decline in gross profit can be compared to a diving crash.

You have always been the leader in this action, and in the future, when you are mentioned in history, you will definitely have to add a title - the chief architect of the modern central banking system, or the chief architect of the modern financial system? ”

"Don't say it, be careful of the crow's mouth, we are all veterans of the battlefield who have experienced the process and results of the printing press at full strength, and there is no need to discuss this nonsense anymore.

This time, we prepared 460 million yuan of gold and silver coins, and the ratio of gold and silver coins was 1:13 (the silver preparation was more, which was greater than the 1:10 ratio set by Chenji Bank in order to focus on promoting silver.) Most of the reserves are obtained from our constant trade with foreign merchants with copper coins and commodities (all foreign merchants who need to pass through the production of goods, with Dali and Japan, which are rich in gold and silver, as the main source), which is equivalent to 100 tons of gold, 1,300 tons of silver, 10 million small gold coins of 10 yuan, 2 million large gold coins of 50 yuan, 50 million small silver coins of 1 yuan, and 42 million large silver coins of 5 yuan, and the banknotes issued according to the proportion of 20% of the reserves, which is enough to issue 2.3 billion banknotes. This amount is equivalent to all the fiscal revenues of the Great Song Empire for five to six years under normal circumstances. Once this money flows into the market for essential goods, prices will rise at least tenfold.

We can increase the wealth on our bank's private books hundreds of times just by a few left-hand-for-right-handed tricks! Bai Jia is full of fantasies about this kind of overnight wealth......

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"Nickname Outside! The Chenji Chamber of Commerce proposes to set up a central bank to standardize all private lending interest rates and financing channels, and will issue new banknotes, comprehensively promote one-to-one banknotes, and banknotes of equal face value can go to the banknote issuing bank with gold and silver coins and copper coins of equal face value. Would you like a copy sir......

The newsboys in the streets waved the newspaper in their hands, attracting all the listeners to snap up the newspaper. The newspaper of the day, which had been reprinted five times more than three days earlier, was still sold out, and it was robbed as soon as it left the printing house. In one day, it sold ten times the previous sales.

A large number of partners and their relatives, friends, subordinates, and employees who have already arranged have long been queuing up at Chenji Bank, the banknote issuing bank, to exchange coins for convenient banknotes, and various corresponding stores are also actively responding to the arrangement of crossing the public, and the banknotes are 9.8% off when collecting money. This part of the loss, if it is the industry of the company is borne by the company itself, the partner or downstream retailer will give the corresponding discount to offset when collecting the payment.

As soon as the approval of the note-issuing bank arrived in various cities, the exchange work began in full swing, and the people who queued up to handle the business of changing the type of deposit every day lined up in an extremely long line. In order to change the type of deposit from a coin type to a banknote type that exempts more than a dozen fees such as remote deposit and withdrawal fees, many families do not hesitate to queue for days and nights, and family members take turns to queue up.

How do you send out banknotes that are more than 4 times the face value of a coin? Will this question stump the crowd?

Deposited 100 million yuan in the bank's bad debts reserve account, deposited 50 million yuan into the special fund account for the expansion project of Chenji Group that is in urgent need of funds, and purchased 500 million yuan of reserve goods accumulated in their own warehouses (this part of the accumulated goods is not because of unsalable, but through the back hand of Zhongte preparation, the next chapter will be revealed), loan 200 million yuan to partners, borrow 300 million yuan by themselves, purchase 700 million yuan of treasury bonds, and invest 40 million yuan in Southwest Mining...... Miscellaneous just spent all the credit created by the coin reserves. The money basically did not flow into the consumer goods market, so it did not lead to price fluctuations, and the liquidity in the field of means of production can only be transmitted to the final consumer goods market through the production process controlled by the public, and the length of this process depends on the mood of the people, if it is fast, there will be slow inflation in a year and a half, and if it is slow, after the expansion of consumer goods production capacity, it may not be able to offset the deflation of oversupply of goods.

Chen Guanxian made sufficient preparations to nip in the bud all factors that might affect the smooth promotion of the establishment of a composite standard system, such as anyone who wanted to use privately minted inferior money to obtain banknotes or gold and silver coins of Chenji money, and immediately sent his bank security guards to the county government to be imprisoned. If a merchant refuses to accept banknotes, he will be immediately told that the supply of goods has been cut off, or his illegal business will be exposed by the public who has mastered public opinion, or he will be warned by his peers and removed from the trade association. If an official issues currency and the sovereignty cannot be manipulated in the hands of private and non-official institutions, a boss of the corresponding level will immediately come to his house to give hints, and if he gives up his position, he will be able to get the privilege and preferential treatment of being promoted to an official and cut the queue, and those who love money will be given a shopping card and VIP card of the corresponding level, and those who love reputation will publicize his achievements and resume in the newspapers in the hands of the public to build momentum for him, and if he is really uncooperative, he will find a hair match and go to Zhanzhou to eat old rice.

Chenji Bank became the banknote issuing bank, but there was no monopoly on the right to issue banknotes (the resistance to monopolizing the right to issue banknotes is too great, and it is not realistic, there are two banks that have obtained the right to issue banknotes, one is Chenji Bank, one is the Royal Bank of the Great Song Dynasty), and the Quanzhou Mint Bureau, the only coinage supervisor of the Great Song Empire, is also minting gold, silver and copper coins and printing banknotes day and night. The company owns 85% of the shares of Chenji Bank, and its subordinate bank executives share 10% of the shares, and employees and partners share 5% of the shares, and its profit model is completely different from that of commercial banks. Ninety percent of profits come from credit creation (banknotes issued outside the face value of reserves).

The Great Song Dynasty Royal Bank, which has the function of a central bank, was established under the leadership of the Guanzhong, and the Empress Dowager Gao immediately took out the silver and copper coins in the inventory after understanding the specific operation methods, deposited 5 million Guan in the name of the royal family, and obtained 51% of the absolute controlling stake, and the kings and a large number of high-ranking magnates jointly contributed 10 million Guan and received 40% of the equity, and the Guanzhong contributed 5 million Guan to get 9% of the equity.

The reason for this strange capital contribution and equity ratio is simple: shareholders who contribute less than equity also add a large number of intangible assets, such as privileges and monopolies. Because the principal of the registered capital of 20 million is not a one-time payment, and a large amount of capital is calculated based on the discount of the land and houses of the Royal Bank and its branches around the country, so the cash only accounts for half of the total share capital. The share capital of the company is basically non-cash conversion of equipment (radio communication equipment), personnel (professional accountants and security personnel) and channels, and the cash share capital is only 200,000 gold and silver coins.

This standard central bank has most of the operations and functions of later central banks. In addition to the fact that there is no monopoly on the right to issue notes (and Chenji Bank has the right to issue notes at the same time, similar to the era when the four major banks had the right to issue notes during the later Inter Party) and there is no modern international money market as the premise of foreign exchange business, it is basically the same as the central bank in later generations.

Currency issuance, centralized deposit reserves, loans, rediscounting, buying and selling securities, hedging gold and silver and other coins, for commercial banks and other financial institutions to handle the transfer of funds and transfer of funds and so on are very complete, Chenji Chamber of Commerce and the Royal Bank have the right to issue notes, but the credit of the Royal Bank is relatively small, and the scale of the banknotes is far less than that of the Chenji Bank.

The history of this royal bank from the beginning of the construction bank is almost a toy in the hands of the people, the many powerful shareholders of the royal family continue to mix sand like this bank, a large number of children are arranged to take important positions in various branches, and the people slowly disguise themselves to succumb to the union of the elites, and give up the various rights of one branch after another. In the plan of the Crossing Crowd, when all the Royal Bank's own people are squeezed out, and all the shares are forced to be sold to those greedy magnates, that moment is the moment when the general offensive charge that fully detonates the crisis is sounded.

As long as the royal family sees the huge profits of printing money, it will definitely not be able to control its desires, and like the Mengyuan royal family, it will issue a large number of worthless banknotes, and on the premise that there is no physical reserve, the indiscriminate issuance of paper money will soon lose the hearts of the people.

Through the use of the Chenji banknotes issued by the Chenji Bank and the banknotes issued by the Royal Bank, a comparison can smoothly establish a credit far beyond the royal one.