Li Shimin, who took the document, did not speak again after reading the big words on the cover, but directly opened the cover and began to read. Sometimes, when I encounter some nouns and phrases that I don't understand well, I will stop and ask them carefully.

After Li Shimin read the document in his hand from beginning to end, he still couldn't help but be shocked and palpitated. No way, the content here is too subversive of traditional business practices, and it is not an exaggeration to describe it as unbelievable.

After deliberately giving some more time for the Emperor of the Tang Dynasty in front of him to digest the contents of the document, Li Anran said with a smile: "Your Majesty, this one in your hand is the most beneficial plan for Datang that has been calculated by us. ”

"This cooperation will be undertaken by the People's Bank of the Celestial Empire at one time to purchase Datang's public bonds worth 500 million yuan. This time, the maturity of the bond is three years, which means that it can be cashed after three years, and the coupon rate is 20.8%, which is a little more than 20%. ”

"A little more than two percent?" In the face of this interest rate, even Li Shimin, who is the king of a country, couldn't help but say after calculating the amount represented by this interest rate: "Doesn't that mean that after three years, I will have to pay more than 600 million yuan?" ”

In fact, a little more than 20% of the money interest is really not much in ancient times. If you don't look at the rents of those tenant farmers, they can generally reach fifty percent or more. As for the "usury" of the people, the interest rate is even more frighteningly high, which has been the same since ancient times.

It's just that a little more than 20% of the money interest doesn't seem like much, but the total amount of public debt that can't stand this time is really scary. Even if you erase the fraction of 0.8, 500 million yuan will be 20% of the money. is 100 million yuan, and Datang's annual tax revenue is not so much.

Or to be exact, far from that!

"Your Majesty, with the current development of Datang, I think the shortage of funds is just a temporary problem. Not to mention where His Majesty plans to use troops later, just taking the Turks is enough to make this money nothing in three years. ”

Li Anran, who knew that he said such a thing, was very unconvincing, and while Li Shimin was still pondering, he continued: "Your Majesty, don't worry. In fact, after three years, there is no need to pay for it at all. You will be able to pay off this debt. ”

If Li Shimin would have had a hard time believing such words before, then after reading the document on "Specific Suggestions for the Issuance of Bonds by the Tang Empire", he only had curiosity and doubts in his heart, and there was no doubt in his mind.

Facing Li Shimin's inquiring eyes. Li Anran didn't sell anything. Instead, he said directly: "Wait until the public debt is due in three years." The state can issue new bonds as funds to repay old debts. ”

"In doing so, we are actually extending the original three-year debt term. If His Majesty is worried about the 20.8 percent interest, it can also be added to the number of bonds issued. In this way, the original money interest will be diluted invisibly. ”

Faced with such an answer, Li Shimin, who had been shocked one after another just now, calmed down a lot, and after a little muttering, he asked: "But if the new bond matures, the money still can't be paid, what should I do then?" ”

"It's very simple, then issue new bonds and continue to extend the time." Li Anran, who shrugged his shoulders, said.

"Yes...... However, when is the end of the day? Li Shimin, who was a little speechless for a while, asked.

"Your Majesty, in fact, if you think about it carefully, you will find that the vast majority of people hope that this kind of relationship between debt and debt can be continued, and the longer the better, so there is no need to worry about it at all." Li Anran, who knew what the other party was worried about, said with a smile.

In the face of such an answer, Li Shimin did not give any answer directly, but subconsciously stood up and walked to the window of the reception room, staring at the bustling flow of people below, and the faces full of joy, unable to speak for a long time.

No way, the emergence of this public debt is too subversive. Even after this period of time, Li Shimin also openly and secretly learned some knowledge from Gewu Academy and someone's hands, which still had a huge impact.

looked at the other party, who was the king of a country, and stood in front of the window speechless for a long time. Li Anran was not surprised at all, after all, although the planning of public bonds is indeed beneficial to Datang, and there are still great benefits, the gap across the times is not so easy to cross.

It's just that Li Anran was somewhat surprised and surprised that he originally thought that even if Li Shimin would not object to his public debt plan, he would not be determined so quickly. didn't think that the other party was actually quite "decisive".

After thinking about it for more than two quarters of an hour, that is, more than half an hour, Li Shimin, who was standing in front of the window, cleaned up his emotions, turned around and said solemnly: "Okay! Real person, I'll leave the matter of public debt to you. ”

"Uh......" Faced with such a decisive reply, Li Anran opened his mouth to persuade: "Your Majesty, although this matter is nothing to me, it is very important to Datang. Why don't you go back and discuss with the ministers? ”

......Li Shimin, who suddenly laughed twice, said domineeringly: "I have received the kindness of the real person, but I have made up my mind about the public debt, so I will do it as I said before, and I will personally inquire about this matter when I go back." ”

"Good!" Seeing that the other party had already thought it through, Li Anran did not persuade him any further, but nodded and said: "Since this is the case, then I will prepare 500 million yuan of public bond funds in the shortest possible time, and I believe that it will definitely not delay the major event of His Majesty's use of troops against the Turks." ”

"I can trust real people!" Li Shimin said with a smile.

However, after saying this sentence that was used on others, it was enough to exchange for loyalty, at least on the surface, Li Shimin did not rush to leave, but sat back again, and then said: "Real person, can this money be flexible a little?" ”

"A little bit of flexibility?" Looking at the other party's handsome and temperamental face, Li Anran said with a smile: "I don't know what Your Majesty means by adaptation?" ”

"I believe that real people also know that although the use of soldiers is inseparable from money, there are not many places where money is really used. This matter does not bother the two masters, I want to ask the real person to help use some of the grain, grass, ordnance, and horses to pay off the funds of the public debt. Li Shimin said with a smile.

Li Anran, who easily understood what these obviously contradictory words meant, said with a smile: "Hehe...... Your Majesty, are you in a hurry to send a deal, or a big deal to me, how can I refuse. ”

"It's just that whether it's food, grass, ordnance, or horses, you can't leave them all to me, right? Your Majesty, that's a lot of money, a huge amount of money that can make people crazy, so I'm not afraid that those ministers will have opinions? ”

"Humph!" Li Shimin, who also understood what was implied in these words, snorted coldly and said: "This world is the world of our Li family, it is my world, and it is not the turn of those families to interfere!" No one can stop me from doing whatever I want!! ”

Zhilu said that part of this was actually said to Li Anran, who was also directed at himself, shrugged his shoulders at the moment, and said with a smile: "Since Your Majesty is so powerful, then as a partner, I naturally have no reason to have soft legs." Believe me, Your Majesty, this deal will only be a win-win! ”

"True person, I believe you!" Li Shimin, who heard the solemn meaning of these words, nodded and said solemnly.

It's really not a fool to say this, after getting along for two years, Li Shimin knows very well that at present, this true immortal in the upper realm, with the continuous recovery of his magical powers, is far from being able to control it by himself, the so-called "true dragon emperor".

Of course, if you really want to do it, Li Shimin also feels that there is no opportunity. It's just that, not to mention how slim this chance is, even if he succeeds in killing the other party, God knows if the Dao will attract the wrath of other Upper Realm True Immortals.

After witnessing the effect of the weapon attack several times in an "unintentional" way, it was so powerful that people couldn't afford to resist it, and Li Minshi knew very well that instead of taking this risk, it was better to continue to cooperate with him and avoid the consequences that he could not bear.

As for trust, in Li Shimin's view, there is really no guy who can easily overthrow himself and sit on the throne, but not only did not do so, but he is trustworthy to help him become strong again and again.

Even those who were born and died with themselves, from the end of the Sui Dynasty to today's civil and military generals, still can't. (To be continued......)