Datang: The prince of salted fish was overheard by Li Er

Leaving Li Shimin's study, Wang Xiaotong was about to follow Dai Zhou to the household department to inspect the [-] Tang coins received this time, but he didn't want to be held back by Li You.

Li You didn't speak to Wang Xiaotong, instead he said to Dai Zhou: "Dai Shangshu, this king has some matters to discuss with Master Wang."

"Wait a minute, the two of us will find you together!"

For Li Youken to help, Dai Zhou was naturally elated, and when Li You borrowed Wang Xiaotong for a while, Dai Zhou naturally wouldn't say a word.

As soon as the two returned to the class room of the securities department, Li You said familiarly: "Master Wang, please call An Ren. This matter still needs his help."

Li Anren is now Wang Xiaotong's deputy, and is right next to him at the moment, Wang Xiaotong yelled and ran over quickly.

"Teacher, what's the matter?"

Wang Xiaotong pointed to Li You and said, "It's not that I'm looking for you, it's His Royal Highness Yan Wang who wants you to come here!"

At this time, Li Anren realized that Li You was also among them, and hurriedly saluted Li You.

Li You waved his hand and said, "Don't be too polite, there is an urgent matter at the household department, I asked you two to come here to ask, when the securities department was established, how did you study the subject I assigned to you? ?”

Hearing that Li You came to ask this question, Li Anren glanced at Wang Xiaotong, and after getting the teacher's permission, he said: "My lord, we have already drawn up the rules, and we will wait for you to come back."

"If you don't come back again, I may have to ask the teacher for leave, and I will go to you specially!"

"You don't know, the bonds that have been issued are very hot in the market now."

"If there is no way to manage it, I am afraid that something will happen!"

Hearing this, Li You chuckled and said, "Well, I'm back now."

"The exchange is located in Nanshi, and you are the first chairman of the exchange."

Li You has always been not suspicious of employing people, but not suspicious of people.

As early as when he recruited Wang Xiaotong and Li Anren to the securities department, he told them that the issuance of national debt was not the whole story.

The issuance of treasury bonds by the Ministry of Finance can only be called the primary market. After the securities are issued, they will be exchanged among different people. This is the secondary market.

In other words, after the issuance of national bonds, there is still a need for an orderly trading and circulation place.

Only when this exchange is established can the liquidity of national debt be guaranteed, and the business story about national debt will be complete.

The reason why Li You didn't establish an exchange at the beginning was because although national debt was a hot spot at that time, the amount was still too small to support an exchange.

Today, Datang has issued more than a dozen government bonds, large and small, and the exchange has sufficient products.

Of course, in addition to government bonds, Li You's exchange will also include other products.

As the second buying point of Nanshi, Li You plans to emulate the content of modern large exchanges and include stocks and futures.

However, due to the current conditions, stocks will not appear for the time being, but coal and iron from Hexi will appear as the first batch of futures commodities.

Hearing that the official exchange would open soon, Li Anren's face was filled with excitement.

But when he heard that Li You asked him to be the first chairman, hesitation appeared on his face.

"My lord, I'm afraid I won't be able to handle such an important position!"

"It's better to let the teacher be the chairman, and I will still be his deputy!"

However, this time, Li You shook his head and said, "No, Director Wang still has work to do."

"You also know that national bonds are not the main commodity on the exchange. It is stocks that really make the exchange the focus of the entire Datang."

"After the matter here comes to an end, I will plan to list the three coal mines that have been prepared in the past few years. In addition, Nanshi will also be listed."

"All these things need to be taken care of by Mr. Wang, so he doesn't have the energy to take care of the exchange."

"So the first chairman of the exchange can only be you!"

Seeing Li Anren still hesitated, Wang Xiaotong also said: "Anren, you have to believe in yourself."

"We have studied securities together in the past few years, and your talent as a teacher is better than anyone else."

"You are young and energetic. Even as a teacher, you don't think as fast and as carefully as you do in many ways."

"In my opinion, only you can complete the challenge of the exchange."

With Wang Xiaotong's encouragement, Li Anren finally nodded and agreed.

Li You patted him on the shoulder happily and said, "Work hard, I'm optimistic about you."

After making an appointment with Li Anren, Li You and Wang Xiaotong came to the household department.

At this moment, Dai Zhou was looking at the [-] Tang coins, frowning.

"My lord, you are here. I have used all the methods to identify the true and false before, but I can't find out."

"Could it be that the money is real?"

However, Li You shook his head and said, "Of course not."

"I think this time, they've learned to be smart. These fake Datang coins are not only made of paper that is exactly the same as the real ones, but even the ink uses the same color-changing potion."

"And the printing is also printed in the workshops made by this king, so you will be helpless."

"However, it is they who are pursuing perfection in everything, but they have revealed the biggest flaw!"

Facing Li You's questioning, Dai Zhou was very puzzled.

"My lord, what do you mean?"

"And it's impossible to use the same material as you just said?"

"Let's not talk about the paper, it is indeed possible for them to get it, but it is absolutely impossible for them to get this color-changing ink."

"The Ministry of Households has strict monitoring on this, and all the color-changing inks deployed are used in the printing of Datang coins and national debts."

It is precisely because of the existence of color-changing ink that Dai Zhou and Hubu dared to issue Datang coins and national bonds on such a large scale.

So in the management of ink, he has strong confidence.

However, Li You said indifferently: "The color-changing ink is strictly managed. That's all after you took office. What about before?"

"Before?"

"The prince is talking about the time when the prince is in charge of the household department?"

"After I took office, I also did a detailed check, and there was no outflow."

Dai Zhou has always been rigorous in his work. After identifying the color-changing ink as the key, he not only strictly controlled the present, but also sorted out the past in detail.

So now, when Li You talked about these things, he answered without any hesitation.

"Since Dai Shangshu has read all the records, do you remember that a batch of color-changing ink was burned when the King's Shence Mansion caught fire?"

Hearing this, Dai Zhou, who was still swearing, suddenly changed his face.