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Chapter 783 783: National Debt

Chapter 783 Chapter 783: National Debt

Facing the stubborn Wilson, Aslan could only nod helplessly.

He also noticed the increasingly large system of Dong Yapu Company. In order to avoid something too big to happen in the future, Aslan decided to take action against Dong Yapu Company.

Although the East Asia Pu Company will receive less money every year in the future, due to the imperial clampdown, it is no longer possible for the East Asia Pu Company to develop into the East India Company.

"Okay, I will ask Nomeili to go to the Yadong subcontinent in person for this matter."

Aslan thought twice about sending Nomeli out. It was useless to send anyone else out. Only she could suppress Lan Malok and Vlada, regardless of their status or strength.

Wilson was immediately overjoyed.

"Your Majesty, I want to apply for another batch of loans from your treasury."

When Aslan heard this, his face turned dark instantly.

Wilson believed that he was keeping an eye on his little treasury.

At the beginning of the year, he just took out an interest-free loan of nearly 100 million gold coins from his small treasury, and it was still repayable in five years.

This time he wanted to put his idea into his small treasury.

Aslan's small treasury is the wealth that Tianping Group has accumulated over the years.

Over the years, Jason has used it for various investments, making more and more money. It is no exaggeration to say that Aslan's current wealth is more than that of the empire.

Because of this, Wilson always focused on Aslan.

The reason why Aslan established his own small treasury was for the simple purpose of not wanting to be a stuck emperor. This can be seen from Chinese history. Once the emperor loses his own small treasury, he will easily be choked by his ministers.

, I don’t have the confidence to speak.

"I thought of a way to make money." Aslan slammed the table, startling Wilson and Essien.

Will Xin came back to his senses and said sadly: "Your Majesty, please don't change the subject of the loan."

"Don't wait to hear me out." Aslan quickly reassured Wilson, and then said, "We can issue national debt!"

"National debt?" Essien looked confused.

Wilson seemed to have heard this term before.

Xilkin was the first to react. After connecting with Blue Star, she became very interested in various cultural knowledge of Blue Star and learned a lot of new knowledge.

He had just learned the term national debt not long ago.

"Your Majesty, are you talking about the national debt?" Silkin asked.

Aslan nodded and said: "Silkin, since you know, explain it to the two elders."

Shirkin nodded and said: "National debt, also known as national public debt, is a creditor-debt relationship formed by a country raising funds from the society based on its credit and in accordance with the general principles of debt. National debt is a bond issued by the country.

A kind of government bond issued by the central government to raise fiscal funds. It is a credit and debt certificate issued by the central government to investors and promises to pay interest within a certain period of time and repay the principal upon maturity. Because

The issuer of treasury bonds is the state, so it has the highest credibility and is recognized as the safest investment tool."

After Aslan heard this, he couldn't help but clapped his hands and applauded.

"What a beautiful answer."

"Well, it's like we raise funds from the public for loans?" Wilson asked.

Aslan nodded.

Wilson shook his head directly.

"Then we don't have to pay interest."

Hearing this, Aslan's mouth twitched. What Wilson meant was that there would be no interest on the loan from his own treasury.

I want to use my free hands again.

"Don't even think about it. We will issue national bonds this time. As long as the interest rate is higher than that of the bank, we will issue 20 billion new merlot coins first. I will buy 5 billion new merlot coins in the name of the emperor." Aslan said directly.

Li Dang said.

"Twenty billion new Merlot coins." Essien was shocked by this number.

Wilson calculated carefully and was almost fooled by Aslan.

He knows very well that Aslan currently has about 120 million gold coins saved in the Imperial Bank, and can earn more than 3 million gold coins every year just from interest. But Will's confidence is hurting, and what makes him most depressed is this

He couldn't misappropriate a sum of money because Aslan also used it from time to time.

After connecting with Blue Star, there were all kinds of purchases. Although the empire did not need to pay a penny, the money spent made Wilson almost have a myocardial infarction.

His purpose this time was to loan Aslan 100 million gold coins, which would be worth 10 billion yuan in new Merlot coins. Then he could just give him an annual interest rate of a few percent.

Now Aslan tricked him into selling national debt, and the interest rate was at least higher than the current bank interest rate. He would lose hundreds of millions of new Merlot coins a year. How could a tough guy like Wilson be willing to do it?

Essien is very supportive of Aslan's plan.

"You can try." Essien pulled his old friend.

Hilkin was also very supportive.

His Majesty the Emperor's treasury is indeed very rich, and he makes money quickly, but he spends money faster. This time to build a navy, as expected, the warship weapons and equipment will still come from Aslan's treasury. The empire's finances will only be responsible for the future

The daily expenses of the army.

Wilson was pulled out of Aslan's office by Essien, and Aslan could not help but breathe a sigh of relief.

What Aslan didn't know was that after leaving Aslan's office, Wilson's original iron rooster appearance disappeared without a trace, and he showed a cunning smile to Essien, which made Sirkin's face full of questions.

"What are you, the second elder?" As a great scholar, Xilkin's tradition of asking questions when he doesn't understand is deeply rooted in his bones.

"We are deliberately showing it to His Majesty. If I don't do this trick, how can I get His Majesty to spend money to buy national debt? As for the loan, I just want to think about it. It is imperative to build a navy. The empire's finances are simply unable to support it. Naturally, we need to

It’s up to His Majesty to figure it out alone, and we can’t push him too hastily. Your Majesty is buying the national debt personally, and are you still worried that other nobles won’t buy it?” Wilson said meaningfully.

Xiljin reacted instantly and quickly gave a thumbs up.

It didn't take long for City Hall to break the news about the national debt.

At seven o'clock in the evening, many people who did not have to work overtime gathered around the radio and listened to the news broadcast at seven o'clock every night.

"According to the latest imperial financial report, due to long-term wars, reconstruction of various regions is urgent. In order to ensure that the reconstruction and recovery of various regions is not affected, 20 billion new Mello currency national debts are hereby issued..."

The people who were listening to the radio were shocked. They had just heard a terrifying number, 20 billion new Merlot coins.

This brand-new banknote is only in the hands of a few people today, but they still know the exchange rate of the new Merlot very well.

"Treasury bonds are all fixed-rate, fixed-term varieties, with an annual coupon rate of % and a term of 5 years. The issuance period of the treasury bonds is from July 10 to October 19, 2002 in the Melo calendar, and July 10, 2002 in the Melo calendar.

Interest accrues, and interest is paid annually. The interest is paid on October 10 every year, and the principal is repaid and all interest is paid on July 10, 2007 in the Meloan calendar."


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