Datang: The prince of salted fish was overheard by Li Er
Chapter 253 The Time to Issue National Bonds Is Not Ripe yet, Li Shimin Wants to Fight Immediately
Li Shimin said to Li Chengqian: "Prince, your love for the Supreme Emperor doesn't have to be expressed in money. If you have time, you can go to Taiji Palace to see your grandfather, and play mahjong with him."
"Your imperial brother has a lot of property, and I exempted him from taxes, so naturally I can pay back the money gradually."
"If you really can't afford it, then the court will take back these industries and subsidize them yourself."
"You'er, do you think this is okay?"
Li You was dumbfounded when he heard it.
[How can Li Shimin be so smart today, he would actually use the trick of drawing his salary from the bottom of the pot. 】
[This Shence Mansion will be a cash cow in the future, so let him go this time. 】
Li You bowed slightly and said: "Thank you for the kindness of the father, the son of the Shence Mansion can barely maintain it, but really can't go on, the son will come to ask the father and the prince for help."
Seeing Li You's appearance just now, Li Shimin also smiled with satisfaction, and he continued to ask about the topics he cared about.
Compared with Li You's little tricks, he was more concerned about Li You borrowing money to make money.
He vaguely felt that the court could actually do the same, but he didn't have a clue for a while.
"You'er, your idea of borrowing money from the businessman is good. It can solve the urgent need and won't make the business lose money. This is a double-winner."
"Moreover, there is no clear repayment time for these bonds. People can take them whenever they want to use them, so there will be no excuses for people to talk about."
The emperor's family has always been most afraid of competing for profits with the people, and Li You's method, while borrowing money, also ensures that the merchant's money will not depreciate slowly, which can be said to protect the interests of the people.
Seeing Li Shimin's admiring expression, Changsun Wuji asked his own question.
"King Chu, although your method is good, there is no fixed loan period on your bonds. If all the merchants who have borrowed money come to you to exchange, but you have already used up all the money, what should you do?"
Hearing this, Li You also looked worried: "Of course I dare not use the money borrowed from the grassland indiscriminately. Most of it is kept in order to prevent such a situation from happening."
"So, don't look at borrowing a lot of money, but there is not much that can be used."
Seeing Li You's embarrassment, Changsun Wuji looked smug, and continued to analyze as if he had seen through the loopholes: "Your Majesty, this method of the King of Chu can only be used for a short time. It's going to be serious stress."
"If you dare not use the borrowed money, it will become a heavy burden instead."
Li You quickly nodded in agreement, but what he was thinking in his heart was completely different.
【Hehe, old grandson, your method has long been outdated. In fact, this king has kept [-]% of the reserve fund, and invested all the rest. 】
[Besides, it has been a while since the bond has been implemented, and less than [-]% of the people who actually come to exchange it. 】
[It seems that you have stayed in Chang'an for too long, and now this bond has been circulated like currency among merchants on the grassland. 】
[Now these bonds can be used as copper coins, and they are convenient to carry, who would even think about exchanging them! 】
[And as time goes by, the value of these bonds will increase, and people who receive money will be more willing to use bonds to trade. 】
[I think, no one will exchange it for ten or eight years! 】
[As for ten or eight years later, the prices of these bonds are already sky-high. It is estimated that as long as Datang does not fail, no one will exchange them. 】
[And by that time, the commercial layout of Shence Mansion has already been completed, and it will not be difficult to exchange all of them! 】
Li You's voice made Li Shimin's heart itch.
In fact, Datang is still waiting to be rebuilt. If it can also issue bonds, it can raise a lot of funds from the people to develop various constructions.
Li Shimin believes that the benefits he can obtain will not be less than Li You's Divine Strategy Mansion.
Not only Li Shimin, but Fang and Du are also thinking about Li You's idea of this bond.
At this moment, Fang Xuanling said: "Actually, this method can be used by the imperial court. We borrow money from the people in the name of the imperial court and set a fixed date for repayment. Isn't that all right?"
"Now the country is full of waste. If we can borrow this money, it will have a great effect on the recovery of the country."
However, just after Fang Xuanling finished speaking, Changsun Wuji just poured a basin of cold water on it.
"Xuanling's words are wrong. You are also from a family. Do you know the interest rate on borrowing money from the family?"
"How many people do you think will be willing to lend you money voluntarily?"
"I think the reason why the King of Chu was able to borrow so much money must have something to do with the special situation on the grassland!"
It has to be said that Changsun Wuji is not optimistic about the prospects of Li You's bonds.
Moreover, his analysis was detailed, all pointing to the crux of the problem, which made Li You nod incessantly.
[I really underestimated Changsun Wuji. It seems that this person can stand out from the three prime ministers not just because of his nepotism and long life. There is something really. 】
[The things on the grassland are indeed like this. Without my caravan, those merchants would not be sure to transport the money back, so bonds became their only choice. 】
[If those aristocratic families are not dealt with, it is true that there are not very good conditions for issuing national bonds, but it is not impossible. 】
[For example, war bonds against Turks can be issued, and after the war is won, the spoils of war can be used to repay debts and pay interest. 】
[In this way, not only can these aristocratic families buy it by taking advantage of the national righteousness, but it can also tie the victory of the war with their interests and strengthen cohesion. 】
[After the foreign enemies are removed, the coercive power of the country will be used to directly promote paper money, and use paper money to pay these debts. 】
[As long as there is a country as the backing to ensure the exchangeability of these banknotes in the early stage, when the circulation of banknotes is established, how can the aristocratic family have the right to speak in the future economic system! 】
[At that time, if you want to print money, you can print money, and if you want to issue debt, you can issue debt! 】
Li Shimin was completely dumbfounded by these words.
Although he could understand every word in Li You's mind, he was completely shocked after connecting them together.
Yangmou, this is Yangmou.
It seems that every step is reasonable, but if you follow it, you will gradually lose control of everything.
In Li Shimin's view, the possibility of all this being true is very high, and the aristocratic family seems helpless in front of Li You's step.
At this moment, if it weren't for the fact that the conditions for going to the Turks were not really mature, Li Shimin would have wanted Li Jing to send troops to the grassland immediately.
However, Li Shimin's gradually brightening eyes made Li You below feel a little chilled behind.
[Li Er, what's going on here? 】
[Could it be that he knows that I borrowed money, but it's useless to go out, and he wants to get wool from me? 】
[No, no!You are the emperor, you can't do this. 】
"Your imperial brother has a lot of property, and I exempted him from taxes, so naturally I can pay back the money gradually."
"If you really can't afford it, then the court will take back these industries and subsidize them yourself."
"You'er, do you think this is okay?"
Li You was dumbfounded when he heard it.
[How can Li Shimin be so smart today, he would actually use the trick of drawing his salary from the bottom of the pot. 】
[This Shence Mansion will be a cash cow in the future, so let him go this time. 】
Li You bowed slightly and said: "Thank you for the kindness of the father, the son of the Shence Mansion can barely maintain it, but really can't go on, the son will come to ask the father and the prince for help."
Seeing Li You's appearance just now, Li Shimin also smiled with satisfaction, and he continued to ask about the topics he cared about.
Compared with Li You's little tricks, he was more concerned about Li You borrowing money to make money.
He vaguely felt that the court could actually do the same, but he didn't have a clue for a while.
"You'er, your idea of borrowing money from the businessman is good. It can solve the urgent need and won't make the business lose money. This is a double-winner."
"Moreover, there is no clear repayment time for these bonds. People can take them whenever they want to use them, so there will be no excuses for people to talk about."
The emperor's family has always been most afraid of competing for profits with the people, and Li You's method, while borrowing money, also ensures that the merchant's money will not depreciate slowly, which can be said to protect the interests of the people.
Seeing Li Shimin's admiring expression, Changsun Wuji asked his own question.
"King Chu, although your method is good, there is no fixed loan period on your bonds. If all the merchants who have borrowed money come to you to exchange, but you have already used up all the money, what should you do?"
Hearing this, Li You also looked worried: "Of course I dare not use the money borrowed from the grassland indiscriminately. Most of it is kept in order to prevent such a situation from happening."
"So, don't look at borrowing a lot of money, but there is not much that can be used."
Seeing Li You's embarrassment, Changsun Wuji looked smug, and continued to analyze as if he had seen through the loopholes: "Your Majesty, this method of the King of Chu can only be used for a short time. It's going to be serious stress."
"If you dare not use the borrowed money, it will become a heavy burden instead."
Li You quickly nodded in agreement, but what he was thinking in his heart was completely different.
【Hehe, old grandson, your method has long been outdated. In fact, this king has kept [-]% of the reserve fund, and invested all the rest. 】
[Besides, it has been a while since the bond has been implemented, and less than [-]% of the people who actually come to exchange it. 】
[It seems that you have stayed in Chang'an for too long, and now this bond has been circulated like currency among merchants on the grassland. 】
[Now these bonds can be used as copper coins, and they are convenient to carry, who would even think about exchanging them! 】
[And as time goes by, the value of these bonds will increase, and people who receive money will be more willing to use bonds to trade. 】
[I think, no one will exchange it for ten or eight years! 】
[As for ten or eight years later, the prices of these bonds are already sky-high. It is estimated that as long as Datang does not fail, no one will exchange them. 】
[And by that time, the commercial layout of Shence Mansion has already been completed, and it will not be difficult to exchange all of them! 】
Li You's voice made Li Shimin's heart itch.
In fact, Datang is still waiting to be rebuilt. If it can also issue bonds, it can raise a lot of funds from the people to develop various constructions.
Li Shimin believes that the benefits he can obtain will not be less than Li You's Divine Strategy Mansion.
Not only Li Shimin, but Fang and Du are also thinking about Li You's idea of this bond.
At this moment, Fang Xuanling said: "Actually, this method can be used by the imperial court. We borrow money from the people in the name of the imperial court and set a fixed date for repayment. Isn't that all right?"
"Now the country is full of waste. If we can borrow this money, it will have a great effect on the recovery of the country."
However, just after Fang Xuanling finished speaking, Changsun Wuji just poured a basin of cold water on it.
"Xuanling's words are wrong. You are also from a family. Do you know the interest rate on borrowing money from the family?"
"How many people do you think will be willing to lend you money voluntarily?"
"I think the reason why the King of Chu was able to borrow so much money must have something to do with the special situation on the grassland!"
It has to be said that Changsun Wuji is not optimistic about the prospects of Li You's bonds.
Moreover, his analysis was detailed, all pointing to the crux of the problem, which made Li You nod incessantly.
[I really underestimated Changsun Wuji. It seems that this person can stand out from the three prime ministers not just because of his nepotism and long life. There is something really. 】
[The things on the grassland are indeed like this. Without my caravan, those merchants would not be sure to transport the money back, so bonds became their only choice. 】
[If those aristocratic families are not dealt with, it is true that there are not very good conditions for issuing national bonds, but it is not impossible. 】
[For example, war bonds against Turks can be issued, and after the war is won, the spoils of war can be used to repay debts and pay interest. 】
[In this way, not only can these aristocratic families buy it by taking advantage of the national righteousness, but it can also tie the victory of the war with their interests and strengthen cohesion. 】
[After the foreign enemies are removed, the coercive power of the country will be used to directly promote paper money, and use paper money to pay these debts. 】
[As long as there is a country as the backing to ensure the exchangeability of these banknotes in the early stage, when the circulation of banknotes is established, how can the aristocratic family have the right to speak in the future economic system! 】
[At that time, if you want to print money, you can print money, and if you want to issue debt, you can issue debt! 】
Li Shimin was completely dumbfounded by these words.
Although he could understand every word in Li You's mind, he was completely shocked after connecting them together.
Yangmou, this is Yangmou.
It seems that every step is reasonable, but if you follow it, you will gradually lose control of everything.
In Li Shimin's view, the possibility of all this being true is very high, and the aristocratic family seems helpless in front of Li You's step.
At this moment, if it weren't for the fact that the conditions for going to the Turks were not really mature, Li Shimin would have wanted Li Jing to send troops to the grassland immediately.
However, Li Shimin's gradually brightening eyes made Li You below feel a little chilled behind.
[Li Er, what's going on here? 】
[Could it be that he knows that I borrowed money, but it's useless to go out, and he wants to get wool from me? 】
[No, no!You are the emperor, you can't do this. 】
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