Section 385 Credit of 10,000 tons of gold

No one knows, Li Sidi doesn't know, no one can think of it, and Zhang Jiaao can't imagine that there is a vault under the vault of Yangzi Bank, a bigger vault. Pen | fun | pavilion www. biquge。 info

At the entrance of the cave is a staircase, they go down the stairs, below is a big warehouse, the cast iron shelves on the floor of the warehouse are stacked with gold bricks, such shelves are densely packed in rows, and it gives people a feeling that they can't see their heads!

Of course, this can only be an illusion, because the specific gravity of gold is very large, more than 19 times that of water, so a ton of gold is actually only one-twentieth cubic meter, that is, 50 liters, and a mountaineering travel bag can be fit, of course, it may not be moved.

"A row of a hundred tons, a total of a hundred rows!"

Yang Chao said very casually.

Everyone was shocked, including Zhang Jiaao's breathing.

One hundred rows, one hundred tons in a row, doesn't that mean that there are 10,000 tons of gold in this warehouse in front of you!

At present, the world's gold reserves are only 30,000 tons, that is, a quarter are lying here!

The other three-quarters are scattered among more than 20 large countries in the world, and China also accounts for a considerable part, if all of them are combined, China's gold reserves are close to half of the world's, and the United States, second only to China, is only 8,000 tons, which is only half of China's.

"When, when was this buried here?"

Zhang Jiaao couldn't help but ask.

Obviously, this hole was smashed open by Yang Chao, and there are thick cement walls all around, obviously this is a closed space, so when did these gold Yang Chao be buried here, at least before the completion of this bank building!

Thinking that Yang Chao had saved 10,000 tons of gold here more than ten years ago, Zhang Jiaao felt a feeling of dry mouth, at that time the British Empire did not have so many gold reserves, and he did not expect that Yang Chao's personal wealth was richer than the entire British Empire at that time.

"Is time important?"

Yang Chao said with a smile.

In fact, it didn't take long to bury it.

Because it's all dug up in recent years.

Before the war, Yang Chao supplied 1,500 tons of gold to Germany every year, but after the outbreak of the world war, from 1914, the gold mines dug by Yang Chao from the bottom of the sea could not be sent to Germany, and he did not plan to send them to Germany.

But Yang Chao can't waste time in vain, the gold mine that should be dug still has to be dug up, the richest part of the big gold mine in the east of Japan has been dug up, and the big gold mine in the northern sea of Australia has basically been dug in recent years.

The gold mine in Australia is larger than the gold mine in Japan, and the gold content is higher, so that Yang Chao can easily mine more than 1,600 tons per year.

The gold mines dug out were all secretly transported to the Heilongjiang area in the northeast, where Yang Chao secretly built ten alchemy factories, and the workers were trained in strict secrecy, so no one knew, in fact, even if they knew, what could they do, at most they suspected that Yang Chao was secretly stealing gold, that is, Yang Chao fell, and the government investigation could not find evidence.

Since 1914, more than 10,000 tons have been dug up, of which 10,000 tons are here.

A few days ago, Yang Chao was ready to let the robot dig out a space under the ground, surrounded by a three-meter-thick reinforced concrete wall, which could not be exploded even by a bomb, and was buried ten meters underground.

"Okay, I see, Lord Yang is planning to use this gold to invest!"

Zhang Jiaao couldn't help but smile bitterly, Yang Chao has such a huge gold reserve, of course, he can invest unscrupulously, but he, the governor of the central bank, is not qualified to interfere at all, and even cooperate with Yang Chao to exchange these gold for paper money.

If he refused, Yang Chao could have sold gold on the market, which would not only drain the market of currency, first, causing deflation, and second, driving up the price of China's currency, which would have led to a significant increase in the price of Chinese banknotes.

And if the central bank prints paper money to buy this batch of gold, the increase in the amount of paper money is really terrifying, with the current price of gold and silver, 10,000 tons of gold is 250,000 tons of silver, equivalent to 6.7 billion taels of silver.

6.7 billion taels of banknotes is not much, but if it enters the commercial banking system, Shanghai's banking industry may issue 350 billion yuan through leverage, which will definitely cause hyperinflation and even economic collapse, and he, the governor of the central bank, will come to an end.

So Zhang Jiaao smiled bitterly, the central bank governors of the world wish they could exchange gold with others through the banknotes they printed, but he was good to let him print banknotes for gold, but he had to be distressed.

"Of course, all this money has to be spent. How is it, does President Zhang think it is enough? ”

Yang Chao said with a smile.

Zhang Jiaao said: "You yourself know very well. But do you think our economic system can afford it? ”

Yang Chao wondered: "How can an economic system still reject gold?" ”

Zhang Jiaao said: "The economic system does not exclude gold, but excludes excess currency. ”

Yang Chao exclaimed: "Governor Zhang won't think that I want to use this gold to make currency directly, right?" ”

Zhang Jiaao was puzzled, he understood it this way, Yang Chao was at worst to directly deposit gold in the central bank in exchange for central bank banknotes, and even more excessively, to use gold to buy currency in the market.

"What do you mean?"

Zhang Jiaao asked cautiously, he felt that he seemed to have misunderstood Yang Chao.

Yang Chao said with a smile: "Of course, this gold is used to stabilize the market. As for cash, you should know that Yangzi Bank has been shrinking its monetary base for the past year, and we have stored enough banknotes and bonds. So we have been ready for the credit for infrastructure construction for a long time. ”

Yang Zi Bank has a reserve of 1 billion banknotes, a bank treasury of 1 billion taels of silver, and another 2 billion taels of bonds, which can be realized at any time, plus the reserves of other branches, Yang Chao can currently use 5 billion funds, these money are the bank's own funds, all can be released, through leverage to create more than 10 billion credit, it is still very easy.

Zhang Jiaao understood, and was relieved, he found that he did misunderstand Yang Chao, and he underestimated Yang Chao too much, such an easy-to-understand reason Yang Chao could not understand, how could he let excessive currency impact the market, wouldn't that mean that Yang Chao was attacking China's economic system?

Zhang Jiaao couldn't help but feel a little ashamed, he felt that he seemed to have always been vigilant against Yang Chao, or guarded, just like he prevented Yuan Shikai from interfering in the Bank of China back then, this is his character, and he is very distrustful of politicians, but this time he feels that he really misjudged Yang Chao.

With a little shame, he said, "Then Lord Yang, what are you going to do with this batch of gold?" ”

Yang Chao thought for a while: "If you need it, I can give it all to Bank of China at one time." ”

Zhang Jiaao was stunned, 10,000 tons of gold, said that if he gave it away, he would give it away, even if it was given to the central bank, not everyone could do it.

But Zhang Jiaao felt that he was despised, but he knew that Yang Chao had no malicious intentions, so he was not angry, he was just a little annoyed, he was the dignified governor of the central bank, and he actually needed a commercial bank to fund, which was too humiliating to spread out, although Yang Chao was high-spirited, what else was the value of his Zhang Jiaao's life.

When the liquidation was passed, the Bank of China received 2,000 tons of gold and tens of thousands of tons of silver from Yangzi Bank, if you take gold from Yangzi Bank, it can only mean one thing, that is, he Zhang Jiaao has been in charge of the central bank completely failed these years, and he has failed to stabilize the market, and he needs to continue to let private donations, he is the central bank, not a charity, not so weak!

So Zhang Jiaao resolutely refused: "No need." The central bank's current reserves can stabilize the market. And the central bank must not seek funding from any private bank, we are a bank representing the country, not a good person. ”

Yang Chao was a little surprised, he thought that Zhang Jiaao would be excited to accept such a large gold reserve, because it would mean that the bank could be allowed to release more loans without causing an economic collapse, and the central bank could easily stabilize the market with this batch of gold.

But Zhang Jiaao actually refused, and he didn't seem to be very happy.

Yang Chao sighed: "It's really inappropriate to give it directly to the central bank, so donate it directly to the country." ”

"Donate to the country?"

This is more surprising than to the central bank, although the central bank is not a good hall, but it is not a profit-making institution, the greater the central bank's control over the market, the biggest benefit is still the banking industry, including Yang Zi Bank, donated to the central bank, then it can be said that Yang Chao hopes to earn benefits from a stable economy, even if this statement is very unreasonable, because his gold can get greater benefits through other channels, donating to the central bank is the most thankless way; But donating to the country, that is a real donation, is not a donation of any benefit.

"That's right, donate to the state. Leave it to the Ministry of Finance. So they can use it to cut taxes or pay off debts. ”

Yang Chao said firmly.

"Do you donate them all?"

Zhang Jiaao asked, he was not too worried about handing it over to the Ministry of Finance, the current Ministry of Finance of China is already quite professional, and will not put this batch of gold on the market at will; Another reason for Zhang Jiaao's inquiry is that the balance of the Ministry of Finance is deposited in the central bank, that is, Yang Chao donated the gold to the state, and the Ministry of Finance still has to deposit it in the treasury under his management. It means that this gold still has to be dealt with by him Zhang Jiaao in the end.

"Donate them all!"

Yang Chao said firmly.

Zhang Jiaao nodded, he understood that Yang Chao was not a profit-hungry bank capital, but a patriotic element who was willing to sacrifice everything for the country, and was the elite of the nation, which was a bit ridiculous, because he Zhang Jiaao absolutely did not believe in this before, he did not believe that politicians would be such elites with convictions, he thought that politicians were brazen and immoral scum.

But from Yang Chao, he knows that there are patriots among politicians.

"Why?"

But Zhang Jiaao is a little puzzled, even if he is patriotic, he doesn't need to use this way, and the money in Yangzi Bank may be more efficient than directly giving it to the Ministry of Finance.

"Credit, the country needs credit, and it needs to inject a huge amount of credit, and only in this way can everyone have more confidence."

Yang Chao said.

With confidence, consumers will dare to consume, capitalists will dare to invest, and the economy will expand as soon as possible. Therefore, Yang Chao needs to give the market a shot in the arm, this 10,000 tons of gold is the most powerful confidence, to the central bank, to the country, the same is to enhance the country's credit! (To be continued.) )