Shi Bufan said a lot about the harm of excessively high interest rates on deposits, which is discouraging the enthusiasm of those real industries. Because www.biquge.info the real industry is actually the foundation of the virtual economy, Shi Bufan, as a scholar of macroeconomics, knows very well that without the real industry, the so-called virtual economy is also a castle in the air. This ancient money bank is no exception, the ancient business was not developed, especially in many ancient times the business was not very developed, those money banks were also lent to ordinary people, not to merchants. In ancient times, the excuse of money was very high, and it was often 50 percent, or even 100 percent. Therefore, businessmen are not willing to borrow to expand their business, and those ordinary people will only borrow in times of crisis. But at this time, it is just drinking to quench thirst, so it is not good for both the people and the money.

"In the past, you used your own money to borrow, and it is understandable that you will have a high interest rate. But now you are using other people's money to lend, and at that time others know that you have taken their money to lend to others, and have set such a high interest rate, will they be willing? I'm afraid they're all going to go and lend their own money, so why bother through you? ”

"And you tend to kill a lot of people by doing so, and it's far better to lend money to merchants. It is normal to lend money to businessmen and maintain a relatively low interest rate to help them have the confidence to expand their business and then earn more wealth. Businessmen are our main and important customers, and ordinary people might as well borrow at low interest rates to help them get through the storm. What we really earn should be those merchants' money, don't stare at those ordinary poor people. ”

"But if you want more businessmen to borrow, you also need to find a way to revitalize the business, so as not to make the whole business lifeless. Isn't your interest rate so high that even the merchant can't repay it? Only by making the business bigger, then there will really be bigger ponds to feed more fish. ”

Those monks and Taoists also exchanged heads and ears, and then discussed this suggestion about Shi Bufan together. Reduce the interest rate, and they have no opinion on this. Shi Bufan also made the future situation clear, if they maintain such a high interest rate, but they certainly seem to be able to collect a lot of deposits, but these deposits have to be interested. If they take too much money and can't lend it, it's also a huge pressure and will smash their hands.

After listening to Shi Bufan's words, everyone has already decided in their hearts that they must reduce the interest, otherwise it is really inevitable that they will be finished as Shi Bufan said. In addition, the high interest rate will make many industrial operators dare not borrow, forcing away the real big customers, but they squeeze how much money those small customers can have? Those small customers don't have much money, not to mention that they are still on the verge of despair, and it is easy to borrow money and not get it back. Once the persecution is too much, it will often make a bad reputation, and it will be bad for them.

"Shi Xiannan, I want to ask you, then what should we do now? How should we solve these things now? In our Chang'an business community, who doesn't know that your county man will manage money? Tell me, what should we do? A bull-nosed asked.

Shi Bufan really feels funny, these guys are actually embarrassed to ask themselves, they are Shi Bufan's competitors! However, Shi Bufan also knows that eating alone is not fat, competition is vitality, and being born in sorrow and dying in peace is not the result he wants to see. As a macroeconomic researcher, he has a better understanding of business in life and in peace. Because he is studying the development of the entire region or the entire industry, and the development of the industry is often competitive and energetic, so he does not plan to use power to oppress peers, but to make the cake bigger in order to make money together.

"We are peers, in fact, since we are rivals, we are also partners! We might as well set up a money federation to be in charge of my various money banks or merchants who run money business, including various temples, Taoist temples, and quality stores, and maybe even many other industries that are closely related to money in the future. At that time, we can negotiate together and give a guide to the interest. The interest on deposits cannot be higher or lower than much, and the interest on loans cannot be higher or lower than much, otherwise they must be adjusted. We all negotiate together, so that we can negotiate together for normal development, avoid vicious competition, and finally smash the entire industry. ”

The people present had no opinion on this alliance to form a money bank, especially after explaining the consequences of excessive high interest at that time, they were also very afraid. If a huge amount of wealth is smashed into his hands, the consequences will be unimaginable. Of course, it is also necessary to avoid such excessive competition, and the establishment of a coordinating organization is inevitable. Of course, this money federation also has its own ideas, what to do when the time comes, there is also competition, but at least it can avoid vicious competition, to avoid everyone has too many contradictions.

"Also, as a peer, we must first set up corresponding reserves. For example, it is impossible for you to borrow all the money, and at that time, everyone puts a part of their savings to the money federation, so as to prevent everyone from sending all the money to borrow, and then when someone wants to withdraw the money, they can guarantee the payment in time. You should have realized that if you can't guarantee payment in an industry like ours, it will eventually cause a collapse or even a run, and then your industry will collapse no matter how big it is. Therefore, reserves are necessary, and everyone's reserves are placed in this money association, if anyone can't come up with money to operate for a while, we can use the reserves to borrow from each other. ”

"Even if each company has a difficult operation, it can consider taking out the creditor's rights as collateral, and then borrowing from our money bank association to maintain it. If necessary, the claim can even be transferred to the Money Bank Federation, and then exchanged for a sum of money that does not need to be repaid, and then the other money banks of the Money Bank Federation will take over the claim. Of course, there must also be people who can see this debt and are willing to subscribe for it. Of course, the subscription price will naturally be lower than the income of your budget, and it should also be profitable for others. However, this sale of debt to peers is used to save money or do other things when money is urgently needed. However, at least it can ensure that everyone can maintain it without the platform closing. ”

When everyone heard that this money bank association was so useful, it was really bright. Such a federation of money banks can not only serve as a coordination to avoid vicious competition, but even allow everyone to help each other. In fact, it is also a very useful way to ask peers for help when you are in trouble. True businessmen understand that while peers are sometimes competitors, sometimes partners are friends. If you are the only one left in this industry, the consequences will inevitably be tragic. A truly smart businessman must know when to fall into the well to win the highest profits, and when not only can he not fall into the ground, but he must also take out his old money to help his peers.

With this money association, everyone can borrow from each other in times of crisis, so as to maintain the development of the entire industry. And those who are temporarily in financial difficulties can also withdraw some money from this money federation to maintain it temporarily, at least to maintain the capital chain from breaking. The rupture of the capital chain is fatal to this kind of industry that relies on "money" business. Having an organization dedicated to coordinating lending is naturally very useful, and it is extremely beneficial for everyone to coexist and prosper.

Of course, many of them are monks, but they have been in charge of this kind of lending for a long time, and they are naturally people who understand this industry. Anyone who is a layman, but has been engaged in this industry for more than ten years, is definitely more "expert" than a novice who learns this professional background.

The more we think about it, the more we feel that this money association really has an incomparably huge role, which is of great help to everyone to avoid vicious competition and to coexist and prosper together.

"But can the debt be transferred?" Someone wondered.

The so-called assignment of creditor's rights means that you borrow money from someone, and then that person suddenly has some difficulties, although you know that this money creditor's right can give him more money in the future, but because you are in a hurry to use the money, you have to give the creditor's right to someone else at a lower price than expected. When the time comes, you just have to return the money to the other person. Of course, everything is also performed according to the original contract between you and the first creditor, and there will be no overpayment due to the transfer of the creditor. This debt is also an investment, similar to a government bond.

Of course, there are also some people who think that you can't afford to pay back, and deliberately transfer this debt to others to cheat peers. However, this debt is an investment, and there are losses and gains. Of course, during the Tang Dynasty, the financial industry was not well developed, and the law on the transfer of creditor's rights was blank at all, not to mention agreeing, even whether it was prohibited or not, it was completely blank.

"Whether the creditor's right can be transferred or not, there is no provision in this court law! Since there is no rule in the imperial court, why can't we do it? I think that few of those noble ministers of the imperial court will actually borrow money from us, right? The so-called law does not prohibit it, so what do we have to worry about? Shi Bufan said.

This transfer of creditor's rights is also a method, if you need money urgently, you can sell it at a price that is guaranteed or even slightly lost, so as to exchange for a large amount of liquidity in a short period of time, which is also good. In this way, even some financially developed countries in later generations even allowed some to take out so-called mortgages with creditor's rights.

For the sake of the future interests, these bulls and bald donkeys are also willing to take the initiative to join this money federation, since they are engaged in this industry, even if they have the name of a monk, but they are definitely businessmen in their bones. Especially people in this kind of industry, the money lending industry, each of them has been calculating for many years and will not do loss-making business. This kind of person often has a high IQ and a high financial quotient, and they quickly realize that this money association is an important means to maintain the coexistence and co-prosperity of the industry.

It may even become a pivotal organization for the entire Datang at that time, this is not fake. In the eyes of its extraordinary time, this Datang Money Village Federation is actually a central bank that has played a role in later generations. Responsible for coordinating and formulating the role of the implementation of various financial industries, and even formulating monetary policy, etc. Once this grows up in the future, it will definitely be a gluttonous monster.

Whoever controls the currency controls the world. Whoever controls the grain also controls the human race. Shi Bufan can't control food, but he can control money. The ancient people's knowledge of economic theory was too poor, and many of them knew it but did not know why. They can do things, but they do it entirely by superficial experience. However, the biggest advantage of Shi Bufan is that he is very rich in theoretical knowledge, and he is very clear about these high-level theoretical knowledge, and he can use his theoretical knowledge to directly plan in advance, and he can seek the greatest benefits.

Once this money bank association is established, it will be of great significance to Shi Bufan. Since then, he can indirectly become the uncrowned king of Datang's financial industry, and can even penetrate into various industries of Datang through the financial industry. When the time comes, no matter where you go, you will have a lot of capital to help promote, and you can even help yourself get huge benefits. If someone controls the central bank, then in the end he is the invisible master of the country.

Of course, this process does not happen overnight. At present, it still needs at least ten years of development before it can really take shape. However, when this central bank, which is controlled by the times, emerges, it often means that it is unstoppable. Because by that time, this money association had already begun to tie a large number of businessmen in the financial industry, and even businessmen from all walks of life, farmers, etc., through the bond of money, so that they all had to stand in the same boat with Shi Bufan.

"As long as I master the currency in the future, I will be able to become the master of this world! Only by mastering more power and tying as many people as possible to me can I be safer. Otherwise, I'm afraid that Li Shimin's bird will come one day. Only by seizing power and all kinds of capital and binding more people to my side can I survive and develop more safely. If I don't have enough power, then I'm sure I'll be hacked by those other people sooner or later. Shi Bufan said excitedly in his heart. (To be continued.) )