Chapter 52 Treasury Debt System

"National debt?"

Gao Gong didn't know what it was, a term he hadn't heard of, but he could literally roughly understand that it should mean national debt.

Yang Guang explained: "The basis of the mortgage of the debt issued in the name of the imperial court is the credibility of the imperial court, and the creditor's rights and debts that promise to pay interest and repay the principal when due. ”

"For example, Gao Xiang can buy 10,000 yuan of treasury bonds with a three-year term, assuming an annual interest of 2 percent, and you can get an interest of 200 yuan when the annual date is reached, and the principal will be redeemed after three years."

There are financial loans in any era, and the financial interest rate in this era is almost not subject to any management, and there are many private loans but they are not standardized, so Yang Guang said that the interest rate was very low when he gave an example, and even he felt that it could be said to be lower.

Gao Gong frowned slightly, but quickly figured it out, Yang Guang This is another means of operating without capital, using the name of the imperial court and the country's reputation as collateral to gather funds, and it can even be said that there is no cost, what needs to be paid is the annual interest, and these gathered money, if it is a three-year period, at least the money will be used by Yang Guang in the past three years, which is enough to support the completion of the construction of Daxing City, and the house is sold in spot to return the funds.

What Yang Guang needs to earn is the interest on the treasury bonds in the past three years, and in Daxing City, the money earned from selling houses is obviously more than the interest of these two points.

After thinking about this matter, Gao Gong even felt that if the national debt could be successfully run, then the construction of Daxing City might not even need to use the money from the state treasury, and it was not necessarily possible to make money.

Ideally, it is indeed good, but Gao Gong still does not have much hope for the matter of the national debt, because the basis of the national debt is the credibility of the imperial court.

It's not that Yang Jian is not reputable, it's not that the Great Sui court is not good enough, but over the years, the country has changed hands several times, and everyone doesn't know if the emperor will be replaced in a few years.

This risk awareness is not only for him, but for everyone.

Gao Gong didn't say it explicitly, because it wasn't necessary.

"Your Highness's idea is new, but you have calculated it with Your Majesty?"

"Not yet, I'm waiting for an opportunity."

"Opportunity?"

Yang Guang smiled confidently, and the confidence of the teenager was as hot as the noon sun.

"Gao Xiang, there is a lot of trouble today, and this king still has something to go first."

"Hongde, go and send off His Highness."

Gao Gong ordered Gao Hongde to send Yang Guang out, but he sat alone in the middle hall with a deep face, unconsciously picked up the tea on the side, only to find that the tea was already cold.

"I didn't expect to talk for so long, and I forgot to ask someone to renew the tea when it was cold, which was rude."

The tea in the cup shook slightly, reflecting his face, at this time, Fang felt that he was old, and the new generation of teenagers was about to enter the room.

Gao Hongde sent Yang Guang into the carriage, and before getting into the carriage, Yang Guang said to Gao Hongde: "Brother Gao, if you and I work together in the future, red tape will be avoided, and doing things is the most important thing, Brother Gao said yes." ”

"Your Highness, Weichen understands."

As Gao Hongde, who has just come out, got such a good position, he is naturally full of confidence and enthusiasm, and in the face of Yang Guang, the previous imaginary enemy, he can't be hostile now.

Gao Hongde, who was in a very good mood, saw Yang Guang away, and walked back to the central hall with light steps before becoming serious, because his father, the prime minister of the dynasty, was sitting in the middle hall without saying a word.

He had the impression that his father was too serious, and he could even say that he was a little unkind.

"Hongde, come in."

Gao Hongde slowly walked in front of Gao Gong, slightly blushing, not like a father-son relationship, more like a subordinate with a strict hierarchy, that kind of awe was deep in his heart.

"Do you know why Your Majesty asked you to serve as the secretary of Daxing City, and concurrently the secretary of the Jin Palace?"

"Thanks to my father's shadow, my majesty loves ......"

"Stupid."

Gao Gong directly interrupted Gao Hongde's words, but the tone of the word stupid was not heavy, it was just said plainly.

"Hongde, you are at the age of a weak crown, and now you are in charge of the gist, for your father, you will be more straightforward with you, you go to your heart, you have to keep it in mind."

"Yes, father."

Every son is annoyed by his old father's preaching, but Gao Hongde can't rebel in the face of his father who is like a superior.

"Your sister is married to the crown prince, this is Your Majesty wants to further the relationship with me, so that I can do things with more peace of mind, now His Royal Highness the King of Jin is in the limelight, and arrange for you to do the history of the Records of the Chamber, especially the history of the Chambers of the King of Jin, then it can be said that His Royal Highness the King of Jin is a two-sided trade-off, His Majesty is reminding me of friendship, let me not participate in the affairs of His Royal Highness the King of Jin and His Royal Highness the Prince, to put it seriously, it is a warning."

Gao Hongde didn't expect this, and was a little stunned: "Father, this ......"

"Don't panic, Your Majesty is just weighing the two sides, which shows that although His Royal Highness King Jin has been doing very well recently, His Majesty still obeys the difference between the eldest and the youngest, and wants to help His Royal Highness the Prince."

Gao Hongde's mind couldn't figure this out.

Gao Gong sighed: "I look at this His Royal Highness the King of Jin, although he is young, he has a deep mind, and he has more thoughts that ordinary people can't reach, he still has the demeanor of His Majesty, you follow him, as long as you don't make mistakes, the future will not be bad." ”

Gao Gong looked at his son, thought about it and reminded: "Hongde, for my father to know that you have a good character and a pure personality, and do things for the King of Jin in the future, avoid provoking by your colleagues, and don't mention your own opinions, His Royal Highness the King of Jin is an assertive person, as long as he does not fight with the prince or harm His Majesty, he will do all the things." ”

"Hongde understands."

Seeing that Gao Hongde immediately answered, Gao Gong knew that Gao Hongde did not understand what he meant.

He knows his own son, he is not the kind of material to give advice, he has a good character, and he is a dull and honest man to put it bluntly, but a twenty-year-old boy is inevitably high-spirited and thinks very highly of himself, and he is afraid that something will happen to his son.

Now I sigh even more that Yang Jian, the emperor, is really scheming, he has a general understanding of his son in just a few faces, in order to prevent him from having an accident, Gao Gong himself must still have to help, and completely let Gao Gong stand between the king of Jin and the prince, unless his son and daughter can give up one, otherwise he has to help both sides and take care of both sides.

And he can't refuse the emperor's appointment, because this appointment is very good, it can be said that he deliberately promoted his son, if he refused, the emperor would think that he was already completely Yang Yong's prince's party, and he had to at least prove that he was the emperor's courtier, not the prince's courtier.

It is a reward but not a punishment, and it seems to be a reward and a punishment.

The high-level power technique is never aimed at things, but people.

Gao Gong looked at Gao Hongde, who thought that the matter was unclear, and said: "In the future, if His Royal Highness the King of Jin calls you Brother Gao, you will kneel down and kowtow to ask for guilt." ”

"Father, His Royal Highness King Jin is humble and courteous, and he respects me very much, why is this?"

"Just do it, you have transgressed the etiquette, and you will have to suffer in the future."

Gao Xi glared at his son and said seriously and indifferently.

"Could it be that the emperor calls me senior brother, and I dare to respond?"

Gao Hongde instantly broke out in a cold sweat: "Father, I was wrong, I was wrong!" ”