Chapter XXXIII: Negotiations, the Idea of a Financial Empire

"I need some money and of course some help. Pen @ fun @ pavilion wWw. biqUgE怂 info" replied the king.

Hearing that he needed money, Torre Rothwell's face softened a lot, and he seemed to have entered his own category.

"Tell me, how much money you want, no matter how much...... The lord of this city has promised you. Seeing that the other party had decided to stay in Vanna, Torre Roswell was not stingy in rewarding those who were able.

"It's not a lot, probably...... More than five million gold coins!" Wang Cuo said with a smile.

The sound of a water cup hitting the ground.

"Grandpa, what's wrong with you?"

"It's okay, it's okay. My old bones barely stood firm. Uzrien barely stood on his feet after hearing the numbers.

Torre Roswell's glass of water also fell to the ground, but he didn't even notice it at this time!

"What do you want so much money for?!!

"What's the matter, didn't the city lord say that you can ask for as much as you want?" Wang Cuo was not in a hurry to explain, he also wanted to see how much ambition this city lord had for his rights, or rather...... How much ambition.

"The king is wrong. Do you know how much five million gold coins are for Vanna City!" Wei Anna on the side looked at the atmosphere very tense, and hurriedly stood up to explain, "That's more than half of Vanna City's annual tax revenue!"

Five million is so much! Wang Cuo was surprised in his heart, and at the same time felt sorry for this city with a superior geographical location but no action. Most of the tax revenue needs to be expended, which means that the income of the simple city lord is less than five million a year, no wonder he can scare his cup away!

"I'm so old and I've never seen so much money. Uzrien also reminded intentionally, apparently suggesting that Wang Wrong should not have such a big appetite.

Seeing the anger on Torre Roswell's face, Wang Cuo felt that the time was almost up. Being able to show emotion indicates that the other party has returned to the negotiating table.

"The five million city lords I mean don't need to be given to me all at once. And I'm not just talking about helping, I'm also helping Vanna City get more funding sources. Wang Cuo explained.

Since the thought of intervening in the economy, Wang Cuo has made a lot of preparations, and from Al's mouth and observing the lives of ordinary people in this world, he has come to the conclusion that the financial system of this world is not perfect.

Therefore, the banking system was first brought out by Wang Cuo.

"Help Vanna City get more money?

There was a firmness in Wang's words, which made it difficult for Torre Roswell to figure out the other party's intentions for a while, and he looked at the old dean. Uzrien nodded at him.

"I'm going to set up a gold coin condominium where all the inhabitants of the city and outsiders can keep their coins for safekeeping. ā€

"The gold coin condominium has a lot of ideas, but this is already available in the trading house. Trading houses in the adventurer's halls all over the country are fine, but the effect is not very good, why can't you keep your own money, you need to hand it over to someone else for safekeeping?"

Uzrien was also a well-informed old mage, and the king's proposal was quickly rejected.

Wang Cuo walked past the table, and all four of them were looking at him. He had already heard what Uzrien was talking about.

"People in this world are concerned about their own interests, because they have no interests in themselves. So no one will give you the money for safekeeping, and you still need to pay a part of the fee. But I don't need it, and I can still give the other party a certain return according to the amount of deposit amount and the length of time, we can call it, interest. ā€

Wang Cuo took several pens of different lengths on the table to make decorations.

"This means that the more money it deposits, the more it will get in return, and the less gold coins it deposits, the less money it can get. He spread his hands, "Isn't it easy?"

"Uh...... This may attract more people to deposit their money. But how to pay this huge return, oh, interest. ā€

Even the wisest old mage still has a hard time understanding the knowledge of finance.

"The permanent population of Vanna City is 300,000, and with the floating population, there are about 1 million. Even if only half of the people deposit coins, the budget of five million is simply not enough to pay. ā€

It was the girl who had been beside the old mage, Yufie. It seems that the old mage himself introduced his granddaughter.

As soon as she finished speaking, the rest of the people looked at her, and Uzrien had a look of praise on his face.

"I ...... Just a simple calculation. Looking at Wang Cuo and pursed his lips, he seemed to be waiting for his answer.

"It's easy, if you're worried about not being able to pay it off, you can just pass the debt on to other cities, or to everyone...... Local merchants and nobles were allowed to borrow from us, but at a higher rate of interest, as when they had deposited money, the more and longer the greater the amount. As long as the interest on the loan is greater than the money saved, there is no need to worry that it will not be able to make up. ā€

Even if one such a bank appears, other cities may follow suit. It can also transfer debt to an entire country, or to the whole world. Of course, these kings did not go on, the entry system of the previous life was slowly perfected and integrated over several centuries, and it took too much time to publicize this set in this place that was completely unknown.

Seeing that several people lowered their heads to think, and it seemed that they couldn't find a place to refute for a while, Wang Cuo continued.

"Think about it, Lord Torre Roswell. What do you get if you put money in your own hands...... You can build bigger walls, wider roads, and even charge a fee. Dig ore veins, invest in blacksmith shops, streets, armies. You will become the unique lord of the Tulata Kingdom, and the money is in the hands of your citizens. ā€

Torre Rothwell's eyes lit up, it was desire!

"What do you think, Mentor Uzrion?" Torre Rothwell asked, asking what he considered to be the wisest old mage in all of Vanna City.

"It's all right, but how do you make sure everyone is going to save money?"

"It's very simple, that's why I said that I need the help of the city lord, with the city lord taking the lead first, and a few nobles to help, and soon others will follow suit. "When Wang Cuo lived in Al's house, he found that little Al had to climb to the head of the bed every time he came home to see if his money was still there, and instead of worrying about it, it was better to put it in a place that everyone trusted. No one should refuse.

"Okay, I promise you. Archmage Wang is wrong, but you need to give me some time, and I need to gather all the nobles in the city to make preparations. ā€

Finally got the expected effect, Wang Cuo breathed a sigh of relief.

After the negotiations, Uzrien left with his granddaughter Yufe. Torre Roswell hurried to convene a council of nobles when he heard such exciting news.

Instead, Micro Anna chose to stay.

"Hmm...... It's still early, do you want me to show you around the academy?" she thought for a moment and came up with an excellent excuse.

"Next time, today's memorial service. There were banners hanging everywhere, and I needed to go back and prepare for the rest of the work. ā€

"Oh, yes. Then he asked, "What did you just say...... Banks, can they really help Vanna City become rich?"

"Of course. Wang Cuo nodded.

It's really helping Vanna City, and of course it's helping itself. After that, the exchange rate and interest rate can be regulated by yourself. Capital is a trap from the very beginning, a trap that people can't extricate themselves from...... Especially in this world that doesn't understand finance at all.

Maybe even Wang Cuo himself didn't think of it.

He started the capital operation of another world, but he was imitated by this world one after another within a few years. The massive debt that came with it became the trigger for several empires to start wars. And all this is the initiator, Wang Cuo, who has just begun to build his own financial empire.