Chapter 694: The Power of Finance
Shen Shi, Xu Rui's signing room.
An Ge held a cup of tea in front of Xu Rui and said, "Young Master, the price of grain has tripled in one morning. ”
Xu Rui nodded: "Continue to buy at a high price, I want the price of grain to increase tenfold within tomorrow!" ”
An Ge nodded: "But the price we paid is too great, we spent too much money on hoarding food, but the raw materials blocked outside the capital are very limited, and we grabbed it for a whole day, which is only enough for the factory to start working at full strength for two days." ”
Xu Rui smiled: "It's enough to fight for two more days, as for the money, you don't have to worry, do you know what my biggest confidence is now?" It's money! ”
An Ge said worriedly: "Young Master, where did we get so much money?" Now there are only seven million taels in the account, and it has been almost spent to buy rice today, and if there is no new input, we will not even be able to hold on to tomorrow. ”
Xu Rui sneered: "Do you know that before the establishment of the Ministry of Commerce, I deliberately asked the Holy Lord to put the Imperial Bank under the jurisdiction of the Ministry of Commerce?" ”
An Ge was puzzled: "I'm afraid that the Liao King's side has also calculated this, although the Imperial Central Bank has more than 70 million taels of silver from the Holy Lord as a deposit, most of them have been released as loans, and even if the remaining less than 10 million taels are lent to us as a loan, I'm afraid it won't be able to support it for a few days, right?" ”
Xu Rui laughed when he heard this: "Do you know that I have been preparing for today for several years. ”
An Ge was stunned for a moment, not knowing what Xu Rui was preparing.
Xu Rui glanced at him and said, "Do you know that the world's greatest wealth is not a silver ticket?" ”
An Ge frowned: "What is it if it's not a silver ticket?" ”
Xu Rui said: "The silver ticket is a currency symbol, it is just a piece of paper, if its issuer is gone, it is worthless, so when you treat money as money, you become a tool."
You must understand why people create money to facilitate greater things, and if you keep money, you will become the currency of money.
Specifically, after several years of hard work, the commerce of the Great Wei Dynasty was unprecedentedly prosperous, and large transactions abounded, and you can hardly see merchants carrying tens or hundreds of taels of silver to do business now.
As a result, the money changed from silver taels to the silver ticket of the money bank.
However, there are all kinds of money banks, and the silver tickets of the major money banks are not common to each other, and they have to be exchanged back and forth, which is still very inconvenient.
It wasn't until a few years ago that I persuaded Shengshang to set up the Imperial Central Bank, which started with a credit business, with Shengshang's 70 million taels of silver as an endorsement, widely absorbing private capital, and issuing unified silver bills linked to silver.
As a result, silver bills replaced cash silver and became money in our mouths. ”
"But even so, money is still money, and the silver ticket is just silver that represents the silver stored in the imperial central bank."
An Ge frowned.
Xu Rui smiled mysteriously and said: "Just now, the Ministry of Commerce and the Imperial Central Bank jointly issued the first official document, that is, from now on, all cash and silver transactions will be banned, and whether it is a commercial bank or an individual, it can only be traded with the silver bills issued by the Imperial Central Bank.
That is to say, from now on, only the silver bills issued by the Reichsbank, are money, except for raw materials and jewelry, but everything involving gold and silver transactions is illegal. ”
An Ge asked suspiciously, "Even if that's the case, we don't have any more silver tickets?" ”
Xu Rui smiled: "Have you ever thought that a silver ticket is just a piece of paper, but why can you buy things with this paper?" ”
An Ge said: "Because behind the silver ticket corresponds to silver!" ”
Xu Rui nodded: "That's right, this is the so-called silver standard, but the silver ticket is printed, although it says ten taels on it, but I control the central bank to over-issue currency, so that the silver ticket with ten taels is only five taels, or even the actual value of one tael!" ”
An Ge's eyes lit up: "In this way, wouldn't all the money be earned by the Imperial Central Bank?" ”
"Teachable!"
Xu Rui laughed and said: "This is what is often said to cut leeks, the imperial central bank will nationalize all silver by virtue of its administrative power, and then issue corresponding silver bills to replace silver for circulation."
At this time, as long as the central bank over-issues currency, it will inevitably lead to the depreciation of silver bills, and the difference between silver bills and silver will be earned by the central bank like cutting leeks. ”
Speaking of this, Xu Rui sneered and said: "Now that the Imperial Central Bank has opened the printing press to print silver tickets, by tomorrow, the silver tickets in everyone's hands will only have half of their purchasing power left!"
And if that's not enough, I can also control the Imperial Central Bank to directly decouple paper money from the silver standard and turn it into legal tender backed by national credit!
When the time comes, I can print as much as I want, and even if the Liao King still has cash in his hand, as long as he keeps an eye on him and doesn't let him trade illegally, it will have no effect in the end.
As long as I have the right to issue money, no matter how much money my opponent has, I have a hundred means to turn his money into my money, and this is the power of finance.
Finance, and the financial derivatives that come with it, are weapons of mass destruction in the functioning of the economy.
The biggest failure of the Liaowang Group is that they don't understand economics at all, and they don't let the Ministry of Household and Commerce fight for the most critical imperial central bank.
By the time I had the right to issue money, they had already lost! ”
What Xu Rui said was by no means alarmist.
In another world, the financial oligarchy can even use the economy to manipulate wars, influence the political situation, and even use high-end capital to force the newly rising developing countries to buy their own government bonds, so as to achieve the purpose of returning funds and using the world's money to support themselves.
Listening to Xu Rui's full of confidence, An Ge was also excited.
"Young master, if there are 30 million taels, I am confident that the price of grain will be pushed up tenfold within tomorrow!"
Xu Rui waved his hand and said with a smile: "Thirty million taels? The little family is angry, and you will go to the central bank to get the first loan later, with an amount of 600 million taels! ”
"What, six hundred million taels?!"
An Ge's mouth suddenly opened wide.
Xu Rui sneered: "It's useless to just print money, you have to let the printed money circulate, starting tomorrow, you will buy raw materials at three times the price of the other party, and the Ministry of Commerce will also use more money to invest in short-term projects, in short, we must spend the money as quickly as possible."
At that time, the money in their hands will depreciate and shrink, and we will see who can hold on to the amount of money in our hands! ”
An Ge said happily: "After the depreciation of the silver bills, the 600 million taels of our initial loan will also depreciate rapidly, and when it comes to the real need to repay, maybe only one-tenth of the original, in this way, wouldn't we also follow the central bank to cut a wave of leeks?" ”
Xu Rui nodded, that's the reason, I just want to kill two birds with one stone this time, use this money to hurt them, and use this money to re-prop up the financial system of Dawei!
Xu Rui said with a calm face and a murderous aura.
Just when Xu Rui was gearing up, Ye Shi's life was very difficult.
"The big shopkeeper, it has risen, it has risen again, and now the price of industrial raw materials has tripled!"
The guy hurriedly rushed to Ye Shi.
"What?"
Ye Shi's face changed, he suddenly got up, and paced back and forth around the table in front of him.
"Big shopkeeper, can we still accept those raw materials?"
The guy asked anxiously.
"Close! Of course! ”
Ye Shi said categorically.
The guy said with a bitter face: "Big shopkeeper, I'm afraid we won't be able to last long if we continue like this!" ”
Ye Shiqiang endured his heartache and asked, "Is Xu Rui still buying industrial raw materials at a high price?" ”
The guy nodded: "In the collection, they also want as much as they want, regardless of the price!" ”
Ye Shi frowned: "No, no, he shouldn't have so much money in his hands!" ”
The guy said: "Could it be that Xu Rui still has a small treasury in his hand that we don't know?" ”
Ye Shi shook his head and said: "No, the economic situation of the Galaxy Group has been investigated by the prince, I understand, this is a bluff, this is Xu Rui's usual method, I want us to retreat!" ”
"So what do we do now?"
The guy asked.
Ye Shi gritted his teeth and said: "The market is about to close now, but we can't be idle, you can make an appointment with the big shopkeepers of all the businesses in Changxing City tonight and tell them that tomorrow morning, I will continue to sweep the goods at twice the price!" ”
The guy was puzzled: "But in this way, I'm afraid we won't have enough money in our hands!" ”
"Don't worry!"
Ye Shi sneered and said: "The prince has made a big decision this time, he has long guarded against Xu Rui's hand, and when necessary, the household department will support us, I don't believe it, I can't fight a little Xu Rui with the entire treasury!" ”