On the table were the feedback issues that Zhao Quan encountered during this period. Zhu Zhanchen looked at it with a frown on his face.
"Your Highness, what's wrong?" Chu'er rarely saw Zhu Zhanchen look so sad, so it was probably something serious.
"I have to go find my brother."
Arriving at Zhu Zhanji's yard, he is now very busy with official duties, and the prince is the hands-on treasurer, so he has to report to him on many things in the bank. At the same time, he has also arranged for his third brother Zhu Zhanyong to help out.
But the third brother was a fool, and Zhu Zhanji couldn't handle his tedious work.
"Zhan Zhan." Zhu Zhanji became happy when he saw Lao Wu. He finally came, but when he saw his face was full of sadness, in his memory, he had never seen Zhu Zhanyi look so sad recently.
"What's wrong?"
"Brother, have you read the booklet Zhao Quan handed over?"
"Look, private banks are hoarding money, depositing private money into banks with regular savings, and there are high-interest deposits, which is not good news for banks."
Zhu Zhanzhen nodded, but this is not what he is most worried about. Banks are now booming and everything is going well. Less private savings will not have a huge impact. However, according to Zhao Quan, private savings have now appeared in order to collect them.
Paying high interest rates is a bad sign.
If the banks are trustworthy, the savings will eventually be obtained even if they are on a regular basis. However, now major banks are issuing ten-year or even twenty-year regular savings, and the interest rate for the twenty-year term is ridiculously high, reaching the principal amount.
120%, but can this kind of money really be obtained?
A market economy without control and rules may go to extremes, and people's greed will always be a bottomless pit.
Zhu Zhanzhen is worried about the birth of a Ponzi scheme.
Although Zhu Zhanzhen's knowledge of economics is not very sufficient, he still knows about the Ponzi scheme. After all, it often appears on TV and in the news. It appears in every era, and he has experienced it personally.
The MLM scam at the beginning of the 21st century, the investment scam later, and the p2p thunder later.
Attract assets with low investment and high returns, and use funds from new investors to pay interest and short-term returns to old investors.
The pie-in-the-sky thing will continue to ferment through word of mouth, until the operators behind the scenes are unable to pay the interest or obtain enough funds.
Then he disappeared instantly and no one could be found.
In the age of modern technology and information explosion, such things are still unavoidable, let alone ancient times.
Today's people are poorly educated and easily deceived, especially when faced with high returns, they can get carried away.
The initial caution will be washed away when you see people around you really getting part of the high interest, and then they will invest all their savings in one go.
And these are the life savings of many people, and if they are gone, there will be nothing.
The Ponzi scheme has caused so many tragedies in the world, but in the end, there is no way to redress the injustice, and you can only swallow the bitter pill yourself, you can’t get the money back, and your family is broken up.
This is all the hard-earned money of ordinary people.
Although there has not yet been a Ponzi scheme in the true sense, Zhu Zhanzhen has to worry about the emergence of Ponzi schemes due to banks' overreaction to banks and their continuous accumulation of money.
These scams are ultimately based on human greed and evil thoughts.
It is impossible to eliminate the greed and evil thoughts of people. All we can do is to plan order as early as possible before the disorderly market comes.
"The Central Bank of the Ming Dynasty is responsible for the issuance of food stamps, and it also controls lending and storage interest rates. Let's directly publish the restrictions on storage interest rates." Zhu Zhanzhen was obviously a little anxious.
After thinking about it, Zhu Zhanji said: "No, the court can't force it. The bank has just been established and can't implement the facts, interfere in the bank's operation, and compete with the people for profits." This time Zhu Zhanji was calmer than Zhu Zhanzhen.
Indeed, if the imperial court had adopted a high-pressure policy when the bank was first established and forced the people to rebel, it would also be contrary to the current good momentum of economic development in the Ming Dynasty. Such suppression would inevitably suppress private economic activities.
"Fifth brother, don't worry. The situation you mentioned has not happened yet, and the Jiangjia Bank mentioned in Zhao Quan's book are also big banks. There will be no problems in the short term. I am just afraid that all the money will flow into the bank, so I did it
Just some reactions."
Zhu Zhanzhen was not so optimistic. His intuition told him that the Ponzi scheme would definitely happen. He wanted to stop it, but deep down he knew that he could not stop it.
Even in modern times, it can't stop it, and even more so in the Ming Dynasty.
It's just that when he was a child, he once saw his aunt's family fall into a Ponzi scheme and be defrauded. The family was ruined and her aunt committed suicide by jumping off the building. This kind of hatred is unforgettable.
He doesn't want countless people to work hard all their lives, only to have nothing in return.
But how to prevent and control the greed and evil thoughts of the human heart?
Zhu Zhanzhen was eager to take preventive measures before the incident happened, and his anxiety also made him lose his bearings.
Zhu Zhanji saw the changes in Zhu Zhanzhen today. Now they could not completely prevent what Zhu Zhanzhen expected. They could only persuade him to go back first, and everyone worked together to find a solution.
As soon as Zhu Zhanzhen left, Zhu Zhanji's expression changed and became colder.
"Brother, the fifth brother usually dares to bargain with the emperor, why are you so flustered today?" Even the upright third child Zhu Zhanyong saw Zhu Zhanyong's panic.
"This is also the first time I've seen him. Lao Wu usually seems to be fearless. He seems not to care about anything, is lazy and indifferent, but as long as it concerns the people, his attitude will become firm and clear-cut."
"He will be a good prince who loves his people like his own children in the future." Zhu Zhanji said this without any expression, but the people are the emperor's people.
"Brother, will that scam that Lao Wu mentioned really happen?"
"I never thought of it before. Maybe it will, but it is not a bad thing for our bank."
"Ah?" Zhu Zhanyong was puzzled.
"Shang Yang builds trust. In order to gain trust, we need to put in a lot of effort. We are the same as a bank. It cannot be achieved overnight. There are many people waiting and watching. We need to establish our own credibility, but what if the outside banks lose their trust at this time?
, one waxes and the other grows.”
Zhu Zhanyong nodded as if he didn't understand. Judging from his dull expression, he probably didn't understand.
Zhu Zhanji looked at the gradually yellowing leaves in the yard. As the wind gently and slowly fell to the ground, the drifting autumn wind took shape.
"If people no longer trust outside banks, banks can easily gain people's trust. Some things are like spring, autumn, winter, and summer, which come and go. The lessons of a few people are the price they should pay for their greed."
Zhu Zhanyong still couldn't understand his elder brother's words: "Brother, what do you mean by this?"
Zhu Zhanji smiled slightly and patted his shoulder: "It's just sad for spring and sad for autumn."
Yao Guangxiao said that Taisun was benevolent, domineering and ruthless. This was Taisun's ruthlessness.
"By the way, brother, my mother-in-law said she wanted to write poems for the Mid-Autumn Festival, so I asked someone to write them for me."
"As long as you memorize it, don't forget the lyrics."
"No, brother, it's just that the mother-in-law made it so grand in previous years, why did it change this year?"
Zhu Zhanji smiled knowingly: "I'll find you a wife."
After hearing this, Zhu Zhanyong's face was filled with sadness. Zhu Zhanji was puzzled: "You are not happy to find a wife for you."
"I can't even meet those girls, and I don't know how old they are."
Seeing that Zhu Zhanji looked wrong, Zhu Zhanyong immediately added: "I mean age."