"Your Majesty, Shi Bufan let the Qianzhuang Federation manipulate the price of silver, so that many people lost money, and many people were oppressed by the interest on loans, and their families were ruined. Pen × fun × Pavilion www. ｂｉｑｕｇｅ。 info And this move is really a heinous crime. Please punish the emperor severely! Chen Kang opened his mouth and said loudly.

But Shi Bufan said: "I didn't force those people to buy silver to make huge profits, they themselves are looking for death, so what can I do." Besides, I didn't ask him to borrow usury to speculate on silver, so what can I do? Their own choice, so what can I interfere with? I'm just trying to buy silver, so what's the matter? Silver acquisition, that's a normal market change, I bought a price increase, naturally it's a normal market change. And then the price of silver rises in the market, so it is normal for us to sell it out. So why not? Besides, silver is not a grain or other material that is forbidden to be bought and sold, so why should I not buy or sell? Is it sinful to do business among the people? Moreover, I am a member of the imperial court, how can I go into business? ”

"Hahahaha......" A group of people around were amused by Shi Bufan's shameless appearance.

This Shi Bufan is really a master of talking nonsense with his eyes open, obviously he has replaced Qin Jiarui to preside over the chairman meeting of the Qianzhuang Federation, so he is now saying that he is not doing business, this shameless appearance of opening his eyes and talking nonsense is simply funny. However, Li Shimin obviously has no idea of pursuing it, in fact, the real benefit of this silver turmoil is not Shi Bufan and the Datang Money Village Federation, but the emperor! The emperor directly ate most of the profits, if Li Shimin wants to investigate, isn't he a fool? When the time comes, you won't have to spit out these profits? Cutting off people's wealth is like killing their parents, Li Shimin will not spit out what he eats in his mouth.

"Okay, this time it's just a normal transaction, whoever let them fail to do business is self-inflicted." Li Shimin said.

And Fang Xuanling's baby is bitter in her heart, her wife Lu has lost to her grandmother's family this time, and the Lu family's loss this time is not small, but she was tossed by Shi Bufan miserably. But Fang Xuanling didn't even dare to fart this time, because he knew that the biggest beneficiary this time was actually Li Shimin, Li Shimin ate the biggest piece of cake, did he want Li Shimin to spit out the money? This time, Fang Xuanling and Mrs. Lu regarded it as spending money to buy lessons, and they should pay attention in the future, don't fall into the trap of Shi Bufan, and then go to give Li Shimin money. Shi Bufan's ability to loot is simply too ruthless, which makes Fang Xuanling afraid!

Next, Shi Bufan said: "Your Majesty, the minister has another suggestion, the minister suggests that the Datang Qianzhuang Federation take the lead in organizing the establishment of a futures exchange, and then the imperial court will send a commissioner to supervise it, but he will not participate in the daily management. Futures exchanges, on the other hand, are used to trade future goods, allowing buyers and sellers to trade on their own, and then sign a standard contract and wait until a specified time for delivery. This can reduce the risk for the people, so that the people can make a transaction and ensure that the harvest will not rise or fall sharply next year. This is the role of futures, and some businessmen can also invest or speculate through futures to obtain certain benefits. ”

"Next, let me introduce the methods of futures to protect the interests of the people!"

Shi Bufan next introduced futures, in fact, the real history of this futures is much earlier than stocks, but later they have also become a financial investment tool. However, the essence of futures is a forward contract, for example, farmers will plant grain this year, and the output of grain will not change much before huge scientific and technological progress. However, the risk between the spot is too great, and once the harvest is harvested, it will be easy to cause the result of increasing production but not increasing income. Of course, this is true not only for farmers, but also for businessmen. They want to buy grain from the peasants, but suddenly the price rises, and the cost of the merchants who buy the grain also increases suddenly, so they are likely to lose money.

In fact, farmers and businessmen have to bear the risks of the market to a large extent. Therefore, both sides want to avoid risks, and both hope to avoid the drastic risks of this market. Therefore, such a forward deal is easy to reach, and before the agricultural products are not produced this year, the contract can be signed first, and then the transaction will be unified at this price next year. Of course, there is a risk on both sides, and if the price rises, it will naturally be a profit for the businessman. However, if the price falls, then the farmer can trade according to the price on the contract, avoiding the result of increasing production but not increasing income. In fact, the role of futures was to avoid risks at the beginning, not as high as the general people think.

The so-called people who think that the risks are huge are actually those who are speculators. If you use futures to speculate, it is naturally a huge risk. However, if it is just to maintain value and ensure that it does not lose money as much as possible, it is not only a small risk, but a smaller risk than a spot risk. Even if you use the hedging between futures and spot, you can lock in profits as much as possible, and there will be no big losses, but there will be no big profits.

"Your Majesty, we can specify some standard contracts in the futures market to stipulate a certain quality and quantity of goods. In this way, the standard contract can be delivered at the market price, and the physical delivery will be made on the delivery date. As ordinary people, you can consider anticipating before producing food, and expect how much surplus food you can sell. If the surplus grain is intended to be sold, then the reverse method can be adopted, and the order for grain futures can be purchased directly on the futures market. Of course, you have to look at the price and ensure your own interests. Buy on futures, but sell on spot. If the price rises at that time, the spot is a loss, but in the futures, you can relatively earn back the locked price of the futures you bought at that time. ”

"Therefore, if you do the opposite transaction between spot and futures, you can lock in the profit of buying futures at that time, so that you will not lose or make a lot of money, and there will not be too many losses to ensure price stability, and of course, it is difficult to have too high profits."

At that time, Bufan said this, and that Chen Kang began to spray again, saying: "Your Majesty, Shi Bufan's heart can be punished!" If the price of food rises, he is doing so so that the people cannot get the maximum benefit, which is also competing with the people. The people are also the foundation, and it is necessary to increase the income of the people. But if Shi Bufan does not let the people get the maximum benefit, isn't that harming the people? He professes to love the people, but he has done such a thing of exploiting the people, how unreasonable! ”

But Shi Bufan asked rhetorically: "Then according to your meaning, if the price of grain falls, won't the people lose money?" ”

"It's one thing to lose money, but if you don't let the people get as much profit as possible, then you are exploiting the people!" Chen Kang shot back.

Shi Bufan snorted coldly and said, "Chen Kang, you are really funny!" You have had no worries about food and clothing since you were a child, and it seems that you are not really from a poor background, but here under the banner of seeking benefits for the people, you are doing things like the party and fighting against differences, you have no people in your heart, and you don't know what the people need. What the people need is a stable income, and it is a local risk. What the vast majority of people in the world want is not to be rich and rich, but to have a stable income, and only with a stable income can they be regarded as having a stable life. The needs of the people are not much, but you are in the name of serving the people, but you oppose my good strategy of reducing risks for the people. Even, you just think that the people should earn more profits, but you simply ignore that once the people lose, the consequences are also unimaginable. Therefore, maintaining the stable income of the people is the most important thing, not what makes the people rich and rich. ”

Shi Bufan turned to Li Shimin and said: "Your Majesty, this futures is actually to reduce risks for the people, to lock in interests, not to lose a lot, and of course not to make a big profit." This is just to give the people a stable income, not to make the people rich and rich. If the people have a relatively stable harvest and will not lose or make a big profit, then this can completely make the people stable. ”

Otherwise, once the people's income suddenly soars, it is gratifying. But once it suddenly plummets, it will also ruin the family! What the people really need is stability, not sudden wealth. Only by maintaining a stable income of the people can this really make the people stable. ”

"Otherwise, once the income plummets, it will inevitably have to sell the land again, and finally let the land flow into the hands of a small number of people again, and then lose the land forever." And if you have a stable income, you won't be rich and expensive, but you can survive in peace, isn't it good? ”

Fang Xuanling scolded again in his heart: "Bastard, it turned out to be for this!" ”

Fang Xuanling finally understood again that Shi Bufan was curbing the Shi clan again. The greatest interest of the nobles is the land, and how did the land come about? Although the nobles have privileges, this privilege does not mean that they can annex the land of the people without scruples, and there must be corresponding excuses for privileges. The protection of private property is an iron law in this era, although the nobles have privileges, but they also cannot swallow other people's land with a touch of lips. In fact, the scholars used the method of "robbing while the fire was fired" to annex the land of the common people. For example, when the courtiers were sick, they borrowed usury and eventually had to use the land to pay off their debts.

On the other hand, there are also people who take advantage of the instability of grain prices, the rise and fall of grain prices, and finally the people's income is unstable, and finally take the opportunity to force the people to sell land in order to save the emergency. In any case, the annexation of land by the Shi clan actually ended up relying on the situation, borrowing the other party to encounter difficulties, and taking the opportunity to take advantage of the fire to rob.

Shi Bufan had already implemented a mutual medical aid program, which almost blocked the gentry from forcing them to borrow usury to see a doctor when they were sick, and finally had to sell their land. Another way is to take advantage of the unstable income of the people, when the income is low, they can force the people to sell the land cheaply through loans or various means, and even the normal value is less than one-tenth of the value of the land itself.

However, the futures strategy of Shi Bufan has allowed the people to have a stable income, and they will not lose or make a big profit. In fact, in the end, it maintained the stable income of the people, avoided their sudden losses, and had to sell their land in exchange for survival conditions. However, Shi Bufan's strategy was ruthless enough, directly blocking the loss of the Shi clan when the income of the people's crops decreased, and then ensuring that they would not have to sell their land to quench their thirst for some difficult reason. This did not do any good for the Shi clan to annex and annex the land, so of course Fang Xuanling felt troublesome.

At this time, Fang Xuanling had to come forward, because if this road was blocked again, it would be very difficult for the Nashi clan to annex the people's land. Therefore, Fang Xuanling, as the spokesperson of the Shandong Shi clan, must first come out to protect the interests of the Shandong Shi clan. Fang Xuanling didn't dare to object to the previous method of medical mutual assistance, because he didn't want to fall out directly with Li Shimin. Moreover, the so-called saving a life is better than creating a seventh-level floating slaughter, if Fang Xuanling opposes mutual medical assistance and intends to continue to force the people to endure and not go to the doctor, what a death act! If it spreads, let people know that he Fang Xuanling does not treat the people, and wants to let the people die of illness, so that the reputation of his old house will stink for 8,000 miles. Therefore, no matter what Fang Xuanling was, he didn't dare to stop it in that medical mutual aid, so the method of forcing the people to sell their land while he was sick didn't work and was blocked.

But now Shi Bufan has to block another channel for the scholar clan to acquire and merge land, which is really unbearable. Therefore, Fang Xuanling must come out to defend the interests of the Shi clan, otherwise he really doesn't have to mix, and the Shandong Shi clan behind him doesn't mind changing to another person to be the spokesperson.

"Your Majesty, this plan is really ridiculous. He said that in this futures market, he can make up for the losses of the people, but where do the lost funds come from? The so-called in and out, the wealth in this world is not just a wind, if the people can make up for the loss of spot through the income of the futures market. But where does the income in those futures markets come from? Therefore, Shi Bufan's plan is actually very absurd, and the wealth is so much, how can it only increase and not decrease. This wealth is supposed to be constant, but he only talks about the transaction, but he does not explain how the wealth can be used to compensate for the loss of the people. How can they all be the same goods, how can they be balanced? So where does the money in the futures market come from? Wouldn't it be ridiculous if everyone came here and chose to sell it, and no one bought it? Your Majesty, if everyone thinks that this futures can give the people stable income, then who will be willing to buy it? Isn't that doomed to a loss? Who wants to do this kind of loss-making business? Therefore, this extraordinary suggestion is completely impossible. Fang Xuanling asked. (To be continued.) )