Chapter 393: The Golden Crisis

The Great Song Dynasty of the Golden Age 393_The Golden Age of the Great Song Dynasty Full Text Free Reading_Chapter 393 The Golden Crisis Comes from ()

Of course, Xiao Ming promised Cao Ju that he couldn't just talk about it, before he left, he personally wrote a letter and asked Cao Ju to send someone to the patriarch of the Naiyan Department at the right time, and Cao Ju should know how to do the rest of the things, and after the matter was done, Xiao Ming took the train to Jingzhao Mansion and left Xingqing Mansion. Baidu search to see the latest chapters //

With the car is Xiao Ming's escort, more than 100 people, after Guo Shouxin was injured, Xiao Ming has been keeping him by his side, and now Guo Shouxin and Gu Xiaoliu are finally together again, the train arrived at Jingzhao Mansion, the ancient capital of Chang'an, and now it has become the largest commodity distribution center in the northwest region! In front of the train station, there is a mountain of goods, all waiting to be transported to the northwest.

Since the establishment of autonomous provinces such as the Northwest Western Regions and the Western Liao, where the need for bulk goods has been increasing, Xiao Ming has leaned towards the construction of the Northwest region in terms of policy, which has multiplied the number of various construction materials needed, which has also greatly promoted the circulation of commodities in the domestic market!

Due to such stimulation in the mainland, whether it is the Central Plains or the Jiangnan region, all kinds of factories have sprung up like mushrooms after a rain, and the industrialization progress of the Great Song Dynasty has exploded! The era of industrial development will naturally lead to the development of various machinery manufacturing, in fact, the manufacture of grazing machinery by the Mo family is not groundless, in fact, many factories now have similar agricultural and grazing machinery inventions, but the Mohist mechanism has a deeper foundation.

This time the outbreak of industrial progress was hundreds of years earlier than the technological revolution in Britain, and the single process was smooth and gradual, and it did not make people give up the need to use and waste a large number of pure manual manufacturing, but now it is carried out!

Due to the construction and development of railways, the northern region of the Central Plains has taken the lead in building two steel bridges over the Yellow River, and there are also large and small steel bridges on some of the tributary rivers, and the bridge building industry has become an industry, supporting many steel manufacturing enterprises and building design and construction personnel.

The development of railways and shipbuilding industry has also had to develop, which has made a lot of large-scale machinery and equipment manufactured, such as seeing that in addition to the bridge-building industry and the construction industry, the manufacture of large machines has matured, which has affected the development of many related industries, coupled with the large number of applications of steam power, the current Chinese Song Dynasty is more lively than the British in the eighteenth century!

Everywhere there was a noisy crowd and the roar of machines, steamers running in the fields, steamships running in the rivers, and a large number of factories and workshops in the city! Every day, people go into all kinds of factories to work, and the peasants direct the rented "tractors" to plough and plough the land in their own large farms, which is a very vibrant land!

After Xiao Ming arrived at Jingzhao Mansion, he went to Richanglong's branch here to rest, but he unexpectedly found that a person was also here, Richanglong's branch is now not only involved in traditional store operations, but also in the hotel and catering industry, among which the largest Tongfu Inn in Jingzhao Mansion is Richanglong's industry, and Xiao Ming happened to stay in this large inn.

In ancient times, the inn was marked according to the arrangement of heaven and earth Xuanhuang, the room of the Tianzi number was undoubtedly the most expensive, Xiao Ming himself stayed in the third room of the Tianzi number, the room of the Tianzi room was relatively large, and there were two rooms inside and outside, Guo Shouxin and Gu Xiaoliu lived in the room outside.

The accompanying tiger guards all live in the guest rooms of the Richanglong branch, the two places are not far anyway, where is there a more comprehensive bath and kang setting in the early spring The world is still relatively warm, the key is to provide food for more than a hundred people, the tiger guards are also more satisfied, these people obviously can't all live in the inn, and the semicolon here can arrange Xiao Ming is also more satisfied.

Of course, Xiao Ming didn't want to eat the food provided by the inn here, after washing up, he took Guo Gu and the others to go out to eat some local special wine and food, who knew that as soon as he opened the door and walked out, he met a person, who was immediately surprised when he saw Xiao Ming, and immediately bowed down.

"I didn't expect to meet the Taishi in Jingzhao Mansion, it's really a joy for three lives!" This person is none other than Akiri!

It was also an accident that Xiao Ming was able to meet Ai Qili here, and he hurriedly invited him to the house and asked why Ai Qili would arrive in Chang'an in Jingzhao Mansion? It turned out that Ai Qili had arrived at Jingzhao Mansion two days ago for the issuance of railway bonds, and stayed in the next room next to Xiao Ming.

Ai Qili is now holding the official position of a household department, in fact, the general manager of the First Imperial Bank of the Great Song Dynasty and the Richang Longsheng Bank, and he basically shares the money economy of the whole country together with the household department of the Great Song Dynasty, and the operation of the entire country's financial banknotes and debt rolls all depend on him to strategize.

Ai Qili naturally traveled with an entourage, but he sent people out to do errands, and it happened that he was also out to eat, so the two of them went out to eat together, and it was good to have a good chat at the dinner table, Xiao Ming was right to think about it, so the two of them went out of the inn together and went to the most famous restaurant in Chang'an City to eat.

Both of them are not flamboyant people, with not many entourage, after going out directly stopped a carriage, to go to the famous "Kaiyuan Four Treasures Building" to eat, here is the most famous restaurant in Chang'an imitation of the Tang Dynasty architecture and food, it is said that the Tang Dynasty a palace in the flow of the palace dishes, very famous, many rich businessmen and experts will come here to eat.

It doesn't matter if the two of them eat, chatting is the main thing, in the private room on the third floor of the "Kaiyuan Four Treasure Building", under a table of exquisite dishes, the wine is Xiao Ming's favorite Jiannan Burning Workshop! Seeing this wine, Xiao Ming sounded that he was going to send wine to Xiao Zhonggong, and felt that he would have to do this when he went back.

During the banquet, Aiqili sighed and complained to Xiao Ming, he came this time for the issuance of the sixth issue of railway bonds, and the sale of the previous bonds has been very smooth, and Aiqili felt that he should strike while the iron was hot and issue the sixth bond, and it was best to complete it before the third issue of bonds was cashed.

However, the issuance of the sixth bond was very unsatisfactory, and Xiao Ming asked what he was willing to do? Ai Qili told Xiao Ming that it was mentioned in the sixth bond that a railway to Shu would be developed, and many people were too expensive to build a railway like Shudi, which would inevitably lead to the project not being able to continue, so there were very few people who subscribed.

This sentiment is spreading, coupled with the propaganda of media and newspapers such as Kangjing tabloid and Beijing-Hangzhou Express, which makes it very difficult for this bond to be sold!

At this time, the second phase of the Yangtze River Bridge was about to be issued, and the ocean-going shipping and trading company of Richanglong was preparing to carry out a new Songzhou trade with more than 100 merchant ships, which required a large amount of loans from the bank.

"Why is this happening?" Xiao Ming asked: "Richang and prosperous is not as good as the first bank of the Great Song Dynasty, its gold reserves are so much, it is estimated that it is basically the first in the world, and for this reason, the issuance of banknotes based on 40 percent of the reserves has accounted for more than six or seven percent of the main banknote issuing banks, why is there a shortening of the silver base?" ”

Ai Qili sighed and explained to Xiao Ming that the industrial and commercial development of the Great Song Dynasty in recent years has been faster than the pictogram, and people have changed the way of accumulating and saving money in the past, and have changed to borrowing from banks to open industrial and commercial businesses and business exchanges, and now the interest rates of bank loans are not too high, due to the rapid development of the economy, many people can make a lot of money as long as they do business or open factories, and the bank interest is simply a drop in the bucket.

This trend has led to a large area of price increases in the price of raw materials in the market, and the prices of other materials in the market have also begun to rise, which is a precursor to inflation driven by rapid economic development.

Richang Longsheng has always been the main flow of Xiao Ming's gold robbery, in recent years his gold robbery has been decreasing, then Richang Longsheng Bank tends to buy gold from the market, but in recent times, the flow of gold in the market has suddenly decreased in a large area, I don't know why?

Ai Qili also secretly investigated and found that now some people have begun to hoard gold on a large scale, which is a trend, in addition to bonds, gold reserves have become the direction of a person's investment, so that many people are now reluctant to sell gold, and instead stay in their hands to store!

If this situation is only a small number of people, it is nothing, and it is a common phenomenon to suffer from it, so soon there was a "gold crisis" in the market, and this gold crisis spread very quickly, and soon this kind of thing happened all over the country, which directly posed a threat to the gold standard system with gold reserves as the standard.

Due to the direct reduction of gold, Akili had to reduce the amount of banknotes issued, which undoubtedly made the already a little nervous money, a little nervous, in the face of a large number of borrowers, if the bank could not come up with the actual money, it would be a fatal blow to the credibility.

Therefore, Aiqili took the issuance of railway bonds very seriously, and had to go to Jingzhao Mansion to meet with the railway construction company under the railway company to see if he could solve the problem of railway construction from Jingzhao Mansion to Chengdu and Yizhou Mansion! And he happened to collide with Xiao Ming.

"Taishi, this situation has been going on for a while, and if it continues like this, it will definitely become the fuse of the next inflation!" Ai Qili has a lot of research experience in the word "inflation" that Xiao Ming told him.

"Do you know who is deliberately hoarding gold?" Xiao Ming asked.

Ai Qili replied: "I have also done some investigations, at the beginning of several private banks consciously hoarded some gold, but in the end, this consciousness became unconscious, these years by the Taishi into a large amount of gold influence, the people of the world have a tendency to follow suit.

Xiao Ming realized that the current market finance has gradually become somewhat standardized from the extensive chaos at the beginning, and he was the original leader of the market finance, the initiator of the gold standard, has become a changer, and in the unconscious gold preference has driven the entire market's thirst for gold.

This matter is both a good thing and a bad thing, the good thing is that the market's thirst for gold will inevitably bring people all over the world to try to increase the source of gold channels, the bad thing is that many people will definitely be opportunistic and fishing in troubled waters, how to not only protect the gold reserves of the Richang Longsheng Bank, but also have a benign guidance for the so-called "gold crisis"? Xiao Ming thought about this for a while, and he groaned for a while without saying a word.

Ai Qili knew that Xiao Ming was thinking about things, so he didn't urge him, Xiao Ming suddenly thought of a way, since finance has gradually become market-oriented, why not use the "macro control" method of the god of harmony? After all, Xiao Ming and Ai Qili have the absolute right to speak in this regard.

"There's a way!" Xiao Ming said.

Ai Qili listened attentively, he knew that his opportunity to learn had come again, but Xiao Ming's next method had to surprise him! He muttered, "How can this be? In the event of an accident, the entire Richang Takasheng Bank will be finished! ”

Golden Age: Great Song Dynasty 393_Golden Age: Great Song Dynasty Full Text Free Reading_Chapter 393 Golden Crisis Update Completed!