Chapter 417: Implementing the Means of the Central Bank of Ming Dynasty
Zhong Jinwei gave Wen Tiren a thumbs up and said with a smile: "Mr. Wen is awesome. This is the key to the bank's capitalless business. Use other people's money to make money for yourself."
After hearing this, Emperor Chongzhen felt a little moved in his heart, wondering if there would be many people rushing to do such a good thing.
However, he just thought about it for a while and did not say it outright. The most important thing now is to clarify the whole matter. He thought about what Zhong Jinwei said, thought about it again, and asked: "Master Zhong, what about the imperial court?"
How do we use these banks to control the amount of banknotes? Is it the reserve fund?"
Zhong Jinwei pondered for a moment before replying: "Reserves are only one aspect. The Royal Bank of the Ming Dynasty can control the money in the hands of all banks in the Ming Dynasty by raising or lowering the reserve ratio. Because the banks have more money, they will lend more to the people.
, the people will have more money in their hands; otherwise, there will be less money.”
"Master Zhong, you haven't said what other means to regulate besides reserves?" Emperor Chongzhen had almost understood what Zhong Jinwei had just said before, so he urged him to continue.
Zhong Jinwei was so happy that he treated the majestic emperor of a country and the chief minister of the Ming Dynasty as primary school students, and explained it repeatedly and carefully.
As a result, after Emperor Chongzhen said this, he came back to his senses and continued a little embarrassedly: "Actually, I have already said it before, it is bonds. If the Ming Royal Bank feels that the bank has too much money,
In addition to selling bonds to the people, you can also sell bonds to banks and collect the money in their hands. When the people of the Ming Dynasty have too little money, in addition to lowering the reserve ratio, they can also lend money to banks.
So that they have enough money in their hands to circulate to the people."
"Marquis Zhongxing, why can't you directly lend money to the people?" Because of the dimming of the light, Wen Tiren could no longer clearly see Zhong Jinwei's eyes, but he felt nothing at all and still looked at him and asked.
Hearing this, Zhong Jinwei turned to him and said with a smile: "This is determined by the status of the Royal Bank of the Ming Dynasty. It is just a manager, an institution that manages banks. If it can also lend money to the people, it will become an ordinary bank."
"Master Zhong, you seemed to say just now that the bonds can be distributed directly to the people?" Emperor Chongzhen seemed to hear the inconsistency in Zhong Jinwei's words and reminded him.
Zhong Jinwei felt a little thirsty at this time. He originally thought it was a very simple and clear matter, but once it was explained, the questions came one after another. It seemed that it was easier said than done!
He explained to Emperor Chongzhen: "Your Majesty, this bond is a special kind of paper money. Only the imperial court can issue it according to specific circumstances. It cannot be used for circulation. The bond is just a certificate that the imperial court owes the buyer.
"
"Oh." Emperor Chongzhen nodded, thought for a moment and then asked: "Master Zhong, what you said based on the specific situation is the amount of banknotes in the hands of the people, right?"
Zhong Jinwei listened and thought for a while before replying to Emperor Chongzhen: "This is not the only situation. If the current war against Jianlu requires military pay, but there is no money for a while, it is not appropriate to directly issue banknotes at this time, because this will
Affects the credibility of banknotes. At this time, you can issue this bond to the people, specify how long it will take to collect the bond, and then give the principal and interest to the people. Of course, this also needs to be stated at the time of issuance in case you cannot pay.
If so, how can we compensate for it?"
When Emperor Chongzhen began to listen, he thought about issuing the bonds right away. But when he heard that a mortgage was required, he understood that this was actually no different from an ordinary loan, except that it was provided by the court to the people.
Got a loan.
When Zhong Jinwei said this, he felt that he had said the same thing. As soon as he relaxed his thoughts, he realized that the sky was getting dark.
The maids and chamberlains in the Wenhua Palace were driven out of the palace by Emperor Chongzhen. No one lit the lamps, so the light was not very good.
If it weren't for the main hall in the palace, many of which had been replaced with glass windows, I would probably not be able to see clearly at this time.
"Time flies so fast, another day has passed." Zhong Jinwei sighed.
After he said this, Emperor Chongzhen and Wen Tiren realized that it was getting late.
Emperor Chongzhen thought about it and felt that it was almost done, so he laughed, and then said to Wen Tiren and Zhong Jin: "Since it is already this time, Master Zhong and Wen Qing will continue to eat with me."
Zhong Jinwei and Wen Tiren looked at each other and smiled, then thanked Emperor Chongzhen for sharing the meal.
Compared with the previous few days, Zhong Jinwei returned to Zhongxing Marquis Mansion relatively early today.
He first listened to the butler Yu Shu's report on the wedding preparations for today, and then asked about the homework of the fourth primary school before coming to his study.
Zhong Jinwei has been traveling around for two months and even fought a war. After returning to the capital, he worked early and late to discuss state affairs. Although he was in the prime of life, he still felt a little tired mentally.
So, he leaned back on the chair and closed his eyes for a while.
Even though I closed my eyes and rested my mind, my brain was still running.
Zhong Jinwei recalled the incident of the Royal Bank of the Ming Dynasty. Now Emperor Chongzhen had made up his mind and ordered Luo Yangxing, the commander of Jinyiwei, to send people to create a great momentum in the capital, exaggerating the current bank account and the unsafety of the bank, and destroying the Shanxi Merchant bank account.
Examples are spread everywhere.
Then according to his reminder at the dinner table, weren't there family members of the Jinyiwei Hundreds who were also victims? It was up to the Jinyiwei Hundreds' family members to come forward and entangle other victims to strongly demand the government to make the decision and give an answer.
At this point in time, Emperor Chongzhen and Wen Tiren brought up the matter of the Royal Bank of the Ming Dynasty for discussion. No matter what, anyone who opposes will be suppressed. We must implement this matter and complete the transformation of the Royal Bank of the Ming Dynasty into a leading player in the banking industry as soon as possible.
.
When Zhong Jinwei thought of this, he began to think about how much money he still had. No matter what, he would add a share to the bank's share capital, which would be a clean source of money for the government.
Just as Zhong Jinwei was thinking about his sweet dream, a voice sounded outside, slightly panting, saying: "Master Hou, I'm back."
When Zhong Jinwei heard this, he recognized the voice. He had been thinking about this all the time, and he was counting the days and it was almost time to come back.
He quickly stood up, walked to the door of the study, opened the door and looked at the man and said: "You are back!"
"Yes, Lord Marquis, my subordinate has just arrived in the capital." The man replied.
In fact, he did not tell the truth. He went back to Dongchang first. But he did not see the factory prince Wang Chengen because Wang Chengen had already gone to Tongzhou.
However, the matter has been recorded, and then he came to Zhongxinghou Mansion again. After all, Zhongxinghou sent him there, and he must have something in return.
"Quick, please come in." Zhong Jinwei turned to one side to make way for the door, and then called out: "Simin, serve tea."