Chapter 226: Speculators
Fang Xuanling came out, and he directly began to attack Shi Bufan's so-called futures policy. Pen × fun × Pavilion www. biquge。 info In particular, this futures policy is a policy that is obviously unfavorable to the nobles, because it is not conducive to the annexation of land. Once the people's income is stable, the Nashi will definitely not be able to effectively annex the land. So Fang Xuanling must come out to oppose it, of course, he can't oppose it directly, because Fang Xuanling of course also knows that Shi Bufan is for the purpose of stabilizing the income of ordinary people, which is good, and it is a very "politically correct" thing. Whether it is in ancient times or in later generations, it is absolutely a "politically correct" thing to increase production and stabilize income for the people, and anyone who opposes increasing income and stabilizing income for the people is absolutely "politically incorrect". Therefore, it is impossible for Fang Xuanling to directly criticize Shi Bufan's purpose, and directly criticize Shi Bufan's futures policy, thinking that this futures policy is actually not conserved.
Of course, Fang Xuanling still has some insight, he thinks that if the people are selling grain here, what if no one takes over at that time? According to the fact that wealth is conserved to a certain extent, especially the wealth in futures, it is even more conserved. Unlike the stock market, futures are almost conserved, and the total amount of wealth hardly changes, except for the so-called fees or some other taxes. The money made by any one person comes from the loss of another person, so if the people all use it and sell the grain, then this will definitely cause a lot of grain to be sold, and no one will want to take it at all. Won't this be able to stabilize people's incomes at all?
"Yes, Xuan Ling's words are reasonable. Shi Bufan, what you said about the people can come to sell, but anyone knows that if the people sell here, then it will inevitably make the people stable income, who wants to come over and lose money? Li Shimin asked.
However, Shi Bufan didn't care, and said: "Your Majesty, in fact, you don't know that the money that this people have to stabilize their income actually comes from speculators. As long as the futures order becomes a standard order, and there is a stable standard for quality and quantity, then it will become a speculative tool. When the price of food rises, they can take the opportunity to sell this order and get the difference from it. On the other hand, we can also short, and even if the price of food falls, we will still make money. In the final analysis, this futures is actually an extension of the actual goods, which is just delivered at a specified time. ”
"As long as the time comes, then we can deliver the grain. I think there must be a lot of speculators in this world, and they will definitely want to come and speculate. At that time, the source of stable income that we will give to the people will actually be the funds of these speculators. Of course, there are many speculators who make money, but there are always some who lose money. These people who lose money will only be used as funds for the people. ”
Shi Bufan's words made everyone talk about it, and this Fang Xuanling's face was even more unkind. This is obviously using the funds of those scholars to cut meat and subsidize the people, but in fact, this is an out-and-out speculation. In the early years of the Tang Dynasty, there was a huge gap between the rich and the poor, and the wealth owned by the scholars was almost more than 90 percent of the world's. And their average wealth is definitely many times that of ordinary people.
So if someone joins this speculation, it must be the nobles or businessmen and bureaucrats who have a close relationship with the nobles. However, in general, it is the Shi clan that cuts meat to the people to stabilize their income, so how can Fang Xuanling be happy?
"Shi Bufan, really ruthless enough. This trick has hit our vital point, and once this speculation is joined, I am afraid it will be difficult to get out. Once our scholars join the speculation, then we will inevitably be recruited, and there will definitely be conflicts between our scholars at that time. However, it is impossible for us to restrict all family members from participating in speculation, and I am afraid that there will still be many people who cannot help but participate in speculation. Fang Xuanling smiled bitterly in his heart.
Fang Xuanling knew that Shi Bufan was almost incomprehensible, because Shi Bufan wanted to attract those speculators who were close to the Shi clan or had a close relationship with the Shi clan, and once they entered this speculative futures market, there would inevitably be a group of people who would cut meat to ordinary people, as a stable income for the people. But Fang Xuanling knew that once Shi Bufan launched this futures market, the Nashi clan would inevitably enter. This is not to say anything prohibited, a large family can have as few as tens or hundreds, and as many as almost thousands. With such a big family, don't think that the patriarch can make them not participate in speculation with an order.
There are definitely a lot of speculators in this world, and even Fang Xuanling himself is a speculator, but what he speculates on is politics, not economic wealth. However, Fang Xuanling knew that there were definitely a lot of speculators in the Shi clan, but there were a lot of them. Once Shi Bufan opens up this market, the Nashi clan will fight fiercely in this futures market, and in the end, although some people will make money, but there will also be some people who have become victims, and they will cut meat to ordinary people to stabilize their income. But as long as there are people who make money, there will always be people who are confused by interests.
The scholars are actually speculative, and of course they won't mind having one more place for speculation. Therefore, Shi Bufan gave them this place of speculation, in fact, some small scholar families can also benefit from it. Because if they succeed in speculating in this futures market, the huge profits they will get are incomparable, and at that time they can take the opportunity to use this capital to develop and expand their scope rapidly. Therefore, this kind of speculative market may not be opposed by small and medium-sized scholars. The current rank of the nobles has begun to solidify. Although it is difficult for the Hanmen to rise, within the Shi clan, within the ruling class of the Shi clan, in fact, they have also begun to "solidify the class" to a certain extent. The scholar clan led by the five surnames and Qiwang has firmly occupied the peak, and it is difficult for other small and medium-sized scholar clans to go further.
So in fact, many small and medium-sized scholars actually hope to have an opportunity, a speculative opportunity to make their family grow by leaps and bounds. If there is no such an opportunity for speculation, then the small and medium-sized scholars will inevitably be solidified and unable to go further. Therefore, Shi Bufan's attack hit the key point of those small and medium-sized scholars, and if they want to develop their families, they must find another place for speculation. And this futures is also a place for speculation, so that they can obtain huge profits through speculation, and finally give the family access to rapid development capital. As for those who lose money, they are also considered unlucky.
"Hmph, I don't believe it, the Shi clan is so monolithic. Even those big families, there are thousands of them! Can you control everybody? You may be able to prohibit direct lines to speculate in futures, but what about those side lines? Can't the side come to speculate in futures? At that time, even if it is inconvenient, you can entrust others to do it, and if you have the ability, you can check it! And if the direct line sees that the side line can make money, will they still do it? When the time comes, they all join in, and they all join in. This is your dead end, and speculation is in the nature of your gang, so you can't stop it at all, because in fact, you yourself need this opportunity to speculate to a certain extent. So, I don't cheat you speculators, who do I cheat? Shi Bufan smiled wickedly.
There have always been people who say that the stock market is risky, but why do some people still squeeze into it desperately, and only then do they know when they lose money? In fact, it is nothing more than those ordinary people who only see the successes and do not see the losers. Those who succeeded were glamorous, but they stepped on the corpses of countless losers. But too many people only see the winners, and the losers are not noticed at all. Everyone has seen the scenery of the big stars on the screen, but few people know the hardships of those actors, which is an out-and-out survivor bias, but too many people can't see through it. Don't think that the scholars will be able to know this, even if they do, they can't stand the luck mentality. If they are lucky, then they will inevitably fall into it.
"The wealth is moving, and it seems that the scholars can't stop it. Shi Bufan used some means, but it really hit this scholar clan hard, and they were helpless. Shi Bufan's strategy, but the word 'wealth' was used to the limit, and this kind of talent hit the scholars with wealth, which almost made them miserable. Such a method is simply absolute. This time, the Shi clan is going to cut the meat, they cut the meat to the ordinary people, and the people have a stable harvest, and there will hardly be too many ups and downs, so it can be considered stable. As long as the people do not encounter great ups and downs, then they will not choose to sell the land, and the scholars will not have the opportunity to annex the land. This method is simply too good, and it is more useful than court orders! Li Shimin thought.
In fact, the Tang Dynasty also had a lot of ideas when it suppressed land annexation, in fact, the ancient emperors had long known the disadvantages of land annexation, and they did not need to be traversed. However, in fact, the Tang Dynasty constantly tried to suppress land annexation, and even issued many orders, but it was of no use. Giving orders at the government level cannot really go to the grassroots level, and it is impossible to make the scholars obey them. On the contrary, land annexation intensified, starting from the end of the Zhenguan period of the Tang Dynasty and reaching a certain peak during the Gaozong period of the Tang Dynasty. Therefore, relying on government orders alone is actually very weak. Under the condition that the economic base and various economic conditions are not exhausted, the effect of those so-called government orders is actually very limited.
In many cases, the influence of the "invisible hand" is even greater than that of government orders, which cannot be stopped by government orders. If we do not change the economic base, it will be useless to curb land annexation. Therefore, Shi Bufan directly tried to redistribute assets through financial means, and through this speculative means, the most basic income was maintained for the people, and there would be no big ups and downs. Through various means, the problem of difficulty in seeing a doctor has been solved for the people, and the people will not be forced to sell their land because of medical treatment, and they do not have to borrow usury to survive. In this way, it is indeed difficult for the scholars to annex the land.
Because the protection of private property was an iron law of antiquity, they did not have enough reason to encroach on the land of the people. If they go directly to rob them, then today they can rob the people, and tomorrow the Tang Dynasty court can snatch them without any scruples. Although the nobles are strong, they cannot be broken casually in the iron law of the bottom line of protecting private property. If they want to break through, they must also have a suitable excuse, otherwise they will directly send people to occupy the land, which will not work. As long as the people are given a stable income, there is no need for them to sell their land to quench their thirst, and the Nashi clan is equivalent to being completely contained.
"Hey, this is extraordinary, it's really ruthless. Perhaps, one day, will our warriors be suppressed by him? Fang Xuanling also smiled bitterly in his heart.
As for Li Shimin's smile, he was obviously very satisfied with Shi Bufan's strategy, it was simply too slow. Safeguarding the interests of yeoman farmers means maintaining the stability of the country, so Li Shimin is also at ease.
"Haha, you're all wrong, I'm not here to maintain the smallholder economy. At present, the land system of Datang is a uniform land system, and since I adopted this cooperative system, the land is nominally private, but in fact it has been used collectively. However, I am not able to touch this system of private ownership of land, and the cooperative system has not been able to form too deep cohesion for the time being, so we must find ways to maintain the stable income of the people. As long as the stable income of the people can be maintained, then once the time passes and the Tang Dynasty's equalization system collapses, a new land system will be born. At present, I have to maintain the foundation of the cooperative system. Otherwise, once the people's income fluctuates, they will inevitably think of selling their land to make a living. When the time comes, once the land is sold, the cooperative system, which is based on the separation of land use rights and ownership, will also collapse. I have to keep the people's income stable and prevent them from selling their land because of the ups and downs. Shi Bufan thought.
Obviously, Shi Bufan, Li Shimin and Fang Xuanling, the three parties all have their own ideas, but everyone obviously has their own little Jiujiu. And Fang Xuanling knew that the small and medium-sized scholars hoped that this futures could be used as a channel for speculation, and Shi Bufan wanted to maintain the collaborator system, so Li Shimin subconsciously thought that this was to maintain the small peasant economy, so the three parties were pondering their own ideas. However, the only victims of this are those who are speculators, and those who participate in speculation will inevitably be cut off by many people to supplement the people. In fact, the role of financial asset allocation has played an effective role, which can play a role in asset redistribution. If you use it well, you can "rob the rich and help the poor", but if you don't use it well, you are "robbing the poor and helping the rich". Financial speculation is not good or bad, it is just a tool. Some people use knives to kill people, and some people use knives to save people, but in fact, there is nothing wrong with knives, but the wrong ones are just the people who use them. Therefore, Shi Bufan used this financial tool to help the people, which can be regarded as a good place to use.
"Alright, let's do it this way!" Li Shimin said. (To be continued.) )