National debt.

In fact, Wu Nian does not know very much about national bonds, but he still understands the most basic principles.

The state has no money, so it borrows from the private sector.

When the state has money, it can do things. For example, for waging war.

Now he is following the example of the cat and issuing two kinds of treasury bonds. Bearer bonds aside, bearer bonds can also be regarded as a means of attracting foreign businessmen and immigrants.

You keep your money with me, I don't pay interest, but I can give you political protection.

Mengyuan people are not among them.

But Wu Nian believed that the people of Chu, Goguryeo, and Fusang would definitely buy this kind of treasury bonds.

Either because of civil unrest, or because of oppression by people above. A large number of wealthy foreign businessmen are actually in a very dangerous situation.

If you have a household registration and identity in another country, you can protect your own interests. They will buy it.

Of course. For these foreign businessmen, it is necessary to investigate the background. It has to be friendly to the Han people on weekdays.

The issuance of treasury bonds, to put it bluntly, is still a way to realize one's own credibility.

The first person to issue the debt was Wu Nian, not the Daojun Emperor of Chu. Some people believe in Wu Nian and are willing to buy the treasury bonds issued by Wu Nian.

That's the fundamental.

For Wu Nian, such a thing as a national debt is not unusual. As long as it is a person in modern society, it should be more or less heard.

But for Liu Zhixing, Li Yong, Wang Youxiao, and Gongsun Sang who were present, it was unheard of.

Their first reaction was that it was not feasible.

Where in this country is there to borrow money from the private sector? Even if it's a different name, it's called the national debt. But when they thought about it, they thought about it.

"The general is wise. This national debt is really unheard of. But when you think about it, it doesn't seem to hurt other than losing face. Gongsun Sang's eyes were shining, he raised his right hand and touched his chin, and said with interest.

"Lord Gongsun hit the nail on the head. This national debt is too humiliating. I'm against it. How can there be a reason for a king to borrow money from the people? Wang Youxiao frowned and expressed his opinion.

"In the private sector, borrowing money is indeed a shameful thing. Everyone is suspicious. Li Yong took out his previous life experience of living in Beishan Fort and nodded.

He also glanced up at Wu Nian. In the past, Wu Nian was a drunkard and gambler, and he often went to borrow money. As a result, the dogs ignored Wu Nian.

Which serious person who lives a good life borrows money from others to live?

Don't you save money on weekdays? Isn't saving money on weekdays just to get through something that happens?

"In fact, the key is not to borrow money, but to repay the borrowed money in time. I probably understood what the general said. Let's just say that bearer treasury bonds. A one-year term. Interest is still secondary. ”

"If we really amassed 200,000 taels of silver. Throw all the money into the army. Wait until we're done with the money. I can't even afford to pay it back. ”

"Treasury bonds are issued once a year, and no one buys new treasury bonds. Our credibility collapsed. Furthermore, it will affect the credibility of the government. ”

Liu Zhixing was relatively open-minded, and after thinking seriously for a long time, he raised his head and put forward his opinion.

Wu Nian laughed, raised his head and said calmly: "What's the point of losing face?" If you get a million silver, let me kill the people of Mengyuan. I am willing to give, and the one who lent me money kneels. ”

"The life and death of the country is profitable."

Wu Nian said calmly, but he had a breathtaking momentum. The great husband can stand up to the heavens and the earth, and he can die by standing, but he cannot live on his knees.

But national events are big festivals.

Personal honor and disgrace are subsections.

Wu Nian is willing to bow his head for national affairs, borrow money from the people and businessmen, regardless of personal honor and disgrace, what else can they say?

"General. I'm ashamed. Wang Youxiao suddenly couldn't sit still, stood up and bent over and clenched his fists and said. Compared with Wu Nian's consciousness, he is still too shallow.

"Don't be ashamed. You're right. If I had money, I wouldn't bow my head. Wu Nian waved his hand and said with a pleasant face.

Wu Nian's words immediately resolved the differences.

As long as it is beneficial to the country, it is a shame to borrow money, and there is no shame in begging for food.

"As for paying it back. Of course, I won't be on the wrong page. If I don't repay the borrowed money, I can't do it in Wu Nian. But there is a point. Knowing how to do it. You forgot to calculate. We have two hundred thousand pieces of silver. In addition, we measure the land, open the city, and pay taxes normally. We can raise eighteen thousand families of soldiers for a long time. As long as we don't have a run, we won't collapse. ”

"As long as I do two things, I won't run on them."

"First. Our Fuhan General's Mansion is an official government that remains clean and efficient as always. Maintain credibility. ”

"Second."

Speaking of this, Wu Nian's eyes were full of smiles. said: "As long as I win." Captured the three counties of the five prefectures of Liaodong. These 200,000 taels of silver, plus a little interest, am I not at least? ”

"My credibility is the credibility of the country. As long as I stay strong. They were willing to buy my treasuries. After all, three percent a year is also interest. Many people want to eat interest, but they can't find a way out. I have such a good reputation in Wu Nian. They don't rush and lend me the money? ”

Everyone had seen the wind and waves, but after listening to Wu Nian's words, they still opened their mouths wide.

The general's words are so brilliant that they are simply impeccable and cannot be refuted.

We borrow money from the private sector, and even from foreign merchants. I borrowed money to raise soldiers, raised soldiers, and paid money to lay down the territory, and when I won the war, I could use it to repay the money.

If there are five prefectures and thirty-two counties in Liaodong. Coupled with the messy income of the city's shipping division, copper ingots, etc., it is really so-so to raise 180,000 soldiers.

But the only one who can do this kind of thing is the general.

It's all said in the book of war.

Soldiers are impermanent, and water is impermanent. Who can eat the war thoroughly and guarantee that they will win? But the signboard of the Liaodong Tiger is really a golden signboard.

Many people believe that Wu Nian will win and will continue to win.

For example, Kyogoku Yukiri.

Only Wu Nian said. I'll lay the ground, and I'll pay you back. People will believe it. In other words, even if you swear by God, it's useless.

Borrowing money to fight a war is really amazing.

Liu Zhixing slowly closed his mouth, took a deep breath, and after calming down, he raised his hand and hugged his fist at Wu Nian and said, "General." I see what you mean. ”

"Just issue treasury bonds."

"But I have something to add."

"For example, the face value of the registered treasury bonds issued is at least 500 taels and they are held for five years. You can get a household registration in Liaodong. So. Why did they buy a thousand taels? I think there are more incentives for foreign businessmen. For example, if you hold registered government bonds, you can enjoy preferential tariffs, and if the amount is huge, you can also get the escort of the navy. ”

"Forcing those big businessmen to spend a lot of money to buy our registered treasury bonds."

Gongsun Sang nodded heavily, and said with great interest: "General." I also thought of a question. ”

"This national debt. We have to do a good job of anti-counterfeiting. Not only do you have to stamp and draw a stamp, but you also have to make quite complex paper that can be used as a carrier. ”

Wu Nian's eyes lit up when he heard this, and he nodded from time to time.

It's really three stinkers, one Zhuge Liang.

Brainstorming is king.

And they were right.