The Gu family has three sons. The second son, Gu Miao and Wang Rui, are similar in age and have made great achievements in business. It is precisely because of his persistence that the Gu family entered the exchange to buy stocks. Otherwise, according to Gu Sizhi's idea, it would not be possible.
Possibly touching stocks.
The person who spoke was Gu Miao's good friend. Gu Sizhi was so angry that veins jumped in his temples and he gritted his teeth. However, he did not attack in public. He fell ill the next day after returning home. When his second son came to visit, he also turned him away.
outside.
While the exchange was in full swing, crises were also looming. As Gu Sizhi said, after the excitement passed, everyone began to calm down and think about whether the stocks they invested in were worth the price. The stock market rose sharply in a round.
Later, it entered a bottleneck period. Although the price did not drop, the growth also stagnated. Looking at this situation, it probably won't be long before it is really short-lived.
The fundamental reason for this situation is that compared to the invisible and intangible stock price, the actual price of copper coins is still strong. Investors are still more willing to store copper than to invest money in liquid assets. Want to solve
There is only one way to solve this problem, and that is to break people's inherent ideas about copper.
Datang Business News promptly published the news that Huining had discovered a huge silver mine, and that Japan had discovered a huge silver mine and had put it into mining. The disclosure of the news was detailed, not only introducing the reserves and
The expected future output, and even the current output, are all made public.
As soon as the news came out, the whole world was in an uproar.
The court is robbing!
These days, who doesn’t know that the imperial court is poor? If it hadn’t been for the sudden emergence of Li Mu, the treasury would still be unable to open the pot. When Li Mu came out, it stirred up the world. It wasn’t enough to help the imperial court earn all the money in the world. Now he dug out two mountains of silver.
.What is this if it’s not robbery?
We work hard to make money, which requires capital, investment, and operation. You can dig it directly from the soil, and it is such a big mine that you will never be able to dig it in a few lifetimes. This money flows into the market, and prices
Can it still be stable?
This is silver, and silver is more expensive than copper. If so much silver flows into the market, copper coins will inevitably depreciate significantly. By then, won’t the copper coins that have been stored at home for generations become worthless?
The news of the silver mine spread like wildfire. It triggered a huge panic, and the gentry everywhere was in panic. Some people tried to take risks, but the Tang Dynasty at this time was not the time of the late Sui Dynasty.
If you have a strong army and a strong horse, you can take risks if you want to?
Moreover, before the news was sent out, it had been circulated within the Ministry of War. Next year, the Tang Dynasty will gradually implement the recruitment system. Soldiers who are already soldiers in the government will enjoy preferential treatment. After becoming recruits, they will have food and salary as soldiers. In this
Under the premise, it is simply wishful thinking to think that the shareholders and sergeants will rebel!
Rebellion is impossible, so we can only accept it.
Money is becoming less and less valuable. The best way to preserve its value is to spend it. Before it becomes too worthless, spend all your money and turn it into something that maintains its value.
What preserves its value? The first one is land! However, the new policies of Zhenguan Land Reform are being implemented across the country, and the private sale of land is completely inconsistent with the laws of the Tang Dynasty. If you want to hoard land to preserve its value, it is already a dead end.
Second, if copper coins depreciate and silver depreciates, wouldn’t it be enough to turn copper coins into gold?
Everyone did the same thing. For a time, jewelry stores across the country were robbed like crazy. The price of gold kept changing every day, and eventually it became priceless and unmarketable. Obviously, the gold reserves were not enough to withstand this impact.
At this time, the Luoyang Exchange announced that, like the Yangzhou Exchange, it would accept private capital. People with money in their hands and nowhere to spend it immediately swooped on them like flies that had found smelly meat.
Since there is no place to spend the money, should I open a trading head office? The imperial court also tacitly supports this, as long as it is a business that can accommodate labor and is beneficial to the country, such as rice, flour, cloth, oil, coal ore, etc., as long as it is business, after audit
All were allowed to be listed. Countless private capital flowed in, and Luoyang Trading Center actually created a feat of net inflows of one million dollars in three days.
Yangzhou did not dare to be left behind. As the only exchange in the south of the Yangtze River, its capital reserves were no less than those in Luoyang. As Wang Rui said, the general trend was unstoppable. Finally, twenty days after the establishment of the exchange, it reached a single-day trading
The amount exceeds one million yuan.
This round of financing has created countless wealthy people. At the same time, the birth of each business has also created countless jobs and absorbed countless laborers. Anyone with some skills has been robbed.
, as prices rise, the wages of these workers also rise. Within a month, the wages have doubled. Now in Yangzhou City, an ordinary laborer costs 200 cents a day.
The rise in prices aroused Li Shimin's concern. But after paying attention for a while, he found that although prices rose, there was no commotion in the market. The reason was that although prices rose, people's incomes also rose. Even if there was some offset, there was no commotion in the market.
Generally speaking, people have more money at their disposal than before.
And with the increase in income, the barter situation has improved. In the past, people liked to barter for transactions, but some things were inconvenient to divide, making transactions difficult. Now it is different.
If you work, you can have hundreds of cents in your account, everything can be quantified, and transactions are easier.
Li Shimin couldn't figure out what the problem was, so he called Li Mu over and asked him to explain.
"Your Majesty, this truth is actually not difficult to understand. The reason for the rise in commodity prices is very simple. There is more money on the market. But your Majesty, think about it, the increase in copper coins on the market is just because of the news that I released the silver mine? That's it.
A mountain of gold and silver has a limited quantity. What’s more, the money has not been refined yet and is still in the stone. The reason is that the people in the world are worried that the imperial court will benefit from it!"
"Worried about the imperial court benefiting?" Li Shimin said angrily: "How dare they do this? Are they the only ones who can benefit, but I can't? What's the truth!"
"Your Majesty, you can't blame the world for this. Everyone has a simple truth when it comes to money. That is, if the money is earned through hard work, it is legitimate. Even if someone is jealous, it is
They won't say anything. But if it's like this, dug out of the stone, and it's a large sum of money, they will feel unbalanced. But what can they do? It is impossible to succeed in rebellion, so they can only be passive
acceptance."
"They know clearly that the value of this copper coin is depreciating day by day. In order to offset the depreciation, they must spend the money. The previous land reform implemented by the court has blocked the possibility of them hoarding land. And other investments are not enough to accommodate such
With a huge amount of funds in a short period of time, just at this time, I opened the Luoyang Trading Center to give the northern elites a channel for investment. Naturally, they had to accept it whether they wanted to accept it or not."
"There is no shortage of money in the world at all. It's just that all this money is in the treasury of the noble families. Everyone is hiding money, but the money in circulation is very rare. Now that there is more money circulating in the market, prices will naturally rise. Copper coins
Devalued."
"But everything must return to the fundamentals. The fundamental thing is that the silver mines are still in the stone, and the silver we mine has not yet entered circulation. So, in fact, the factors that depreciate the copper coins do not exist. The current situation,
It's because people have expectations of depreciation, so... all the money that should have been hidden in the treasury is circulated. People don't dare to hide money anymore. The money on the market has increased countless times, and more people are trying to save their money.
If you replace it with firewood, rice, oil, salt, even cloth and all the living supplies, naturally...these things will rise with the tide."
"So when they come back to their senses and find that the copper coins have not depreciated as much as they expected, and the cash in their hands is actually less, the crazy investment will stop. The rise in prices will also stop, and everything will slowly return to normal.
If it returns to its original track, copper coins will appreciate again."
Li Shimin frowned and said: "If you put it this way, wouldn't the exchange be closed?"
Li Mu smiled and said: "Of course not. First of all, the exchange has spawned countless shops and involved countless industries. When these industries develop, they will definitely make money. Now that they have invested, can they withdraw it at will? Yes.
A lot of involvement. In addition, I will not allow this to happen. When the copper coins on the market are about to appreciate, I will put the reserved silver into the market. In this way, the copper coins will have the essence of depreciation.
The money circulating in the market will also increase. And the money invested in this way is the extra money that can be used by His Majesty!"
Li Shimin frowned and thought for a while, then said: "You are saying that if I use this money that is not in the market to invest it in the market to buy things, doesn't that mean that I am making amends with nothing?"
"Uh," Li Mu looked embarrassed. In fact, this principle is no different from starting the money printing machine in later generations. It's a bit shameless, but it works!
Li Mu grinned and said: "That's what happened, but you can't say it like that. Your Majesty is rich all over the world, how can you say it's a scam? I absolutely don't allow your Majesty to talk about myself like this!"
"It's not me, it's you!" Li Shimin snorted and said, "You are really good at calculating!"
"Your Majesty is really unjust when you say this to me. What can I do? Your Majesty has to recuperate and recuperate, and he also wants to conquer Goguryeo. Where will the money come from? I racked my brains to come up with this solution to get the best of both worlds. How can your Majesty say this?
Is this a scheming thing?" After saying that, Li Mu said with a look of determination on his face: "If serving your Majesty, serving the country, and benefiting the people is a scheming, then I am a scheming person. If I admit this crime, I will do it.
Let the historian write it in the history books, and let future generations spurn me!"
Scorned by future generations? I'm afraid he won't be admired forever. Li Shimin didn't bother to bother with him and said: "Anyway, there is still a trace of worry in the market today. The New Year is coming soon. I want you to let everything settle before the New Year.
I hope to have a peaceful New Year. After the New Year, I will have to return to Chang'an. Cheng Qian is young and should be a little less measured in handling things. If I don't return to court for a long time, I may cause trouble. Moreover, I am also very worried about the Queen's illness."
Speaking of Empress Changsun's illness, Li Shimin frowned: "Three years ago, Dr. Sun said that he was going to find Xuelian to treat the empress, but there was no news when he went there. I sent people to search, but there was no news. I guess I can't hope for it.
, In the future, Yangzhou Port will connect the world. If there is any good medicine for the disease, please pay close attention to it for me and the Queen."
Li Mu agreed, but Li Shimin felt a little tired, so he asked Li Mu to resign.
…
The Turkic people in the resettlement village, who have gradually adapted to their new life, are about to usher in their first "Year of the Tang Dynasty".
Each nation has its own customs. Turks do not have the concept of "year". Strictly speaking, Turks do not have an accurate calendar. Their calendar changes according to the four seasons. Winter comes earlier and spring comes earlier.
It's normal for ordinary people to be later, give or take a month and a half, and no one cares about it.
But in the Central Plains, this cannot be the case. The Central Plains people have always paid great attention to festivals. The New Year is the most important event of the year, and it cannot be taken carelessly.
The "white-collar workers" responsible for resettlement also discussed whether the Turks should celebrate the New Year. In the end, it was agreed that in order for the Turks to integrate with the locals more quickly, they should celebrate the New Year and celebrate it well.
After reporting at all levels, it was finally approved by the superiors. During the New Year, seven days of vacation will be given. All the stewards of the resettlement villages must teach the Turks the New Year etiquette, but they cannot be forced to do so. They should be given the right to choose and celebrate the New Year.
During the Spring Festival, we should organize some party activities. We should consider the differences between Turks and local people, seek common ground while reserving differences, and celebrate the Spring Festival.
Everyone wants to have fun during the New Year, and the party just suits everyone's thoughts. Although the Turks are not very fluent in speaking Chinese, they are not inferior at all when it comes to singing and dancing. Almost every Turk knows a little bit.
Dance. Their dance is close to nature, and the rhythm is not as rigid as the Central Plains music. It has a special exotic style, especially those Turkic girls who have been in Jiangnan for two months and have eaten well every day, and their faces have lost their color and have regained their rosiness.
They have a different kind of charm when they dance, and the local boys are so fascinated that they can't even find what to do.
That day, I don’t know how many people asked the stewards to ask them to protect the match. For ordinary people, there is no sense of family status, and they will not look down on a girl just because she is a Turk.
layer.
The manager is also happy to keep the match, because as mentioned above, promoting integration is the first priority. What can be done to promote integration more than marriage? After asking, as long as the two families are interested in each other, the manager is also happy to see it happen.
, in time for the Spring Festival, and getting married again, the resettlement village was filled with joy.
On the eighth day of the new year, Li Shimin finally embarked on his return journey.