Dragon's Origin
#1201 - The Right to Print Money (Part 1)
Chapter 631: The Right to Print Money (Part 1)
Wang Sheng has always believed that the best way to promote new things is through the high-end entertainment industry. From the sexy lingerie of Dream Workshop to those sexy evening dresses, to the women's combat uniforms that could be spread out, it has always been the case. Now, even gold notes are no exception.
It would be very unseemly for a big shot to have a few large boxes of gold coins carried by his panting servants, and it would not be favored by those talented women.
If you use a storage ring to carry gold coins, a decent storage ring would cost tens of thousands of gold coins. Giving away the storage ring is definitely reluctant. Not giving it would make people feel stingy and lose face, making it an unpleasant situation either way.
Gold notes are the best. They are light and easy to carry, and they attract attention when taken out. They save the trouble of counting gold coins and have an accurate amount. A large note can be worth ten thousand gold coins, and it's very stylish to flick them out, quickly becoming a favorite on the Qinhuai River in the capital.
With gold notes, the talented women on these pleasure boats would no longer exchange them for heavy gold coins. How could they exchange the private money that could fit in a small dressing case for a large pile of big and heavy gold coins? It's also difficult to hide.
Consumption on the pleasure boats also began to use gold notes, and the pleasure boats would naturally use gold notes for consumption in the surrounding area. As a result, the Qinhuai River in the capital, which is the area around the original moat of the inner city of the capital, became popular with shops for eating, drinking, and having fun. The Qinhuai River's romantic scene has become a sight in the capital, and countless people linger here, naturally bringing the consumption habits here to farther places.
When people in the capital talk about the series of shops at the foot of the imperial city, from Qianshengyuan to Runzifang to Dream Workshop to Lizhenfang, everyone gives a thumbs up. Now these few have become the pride of the capital, just like the Royal Grand Theater, the Royal Academy of Arts, and the Qinhuai River in the capital.
Lizhenfang now has no shortage of gold coins at all, so Lizhenfang's gold notes are almost unimpeded in the capital. Whether it is a national chain of large shops or a small street shop with only one storefront, as long as it is in the capital, Lizhenfang's gold notes are used as gold coins.
Many smart people have discovered that gold notes are much more convenient than gold coins, so much so that they want to exchange all the working capital in their shops for Lizhenfang's gold notes.
Because there were many such requests, Mei'er issued a statement half a month later. Lizhenfang's gold notes will not only be limited to internal settlement in the future, and Lizhenfang is willing to open up to exchange gold notes. However, gold notes can be exchanged for gold coins at full value, but gold coins can be exchanged for gold notes with a 0.1% handling fee.
To be honest, this handling fee is actually ridiculously low. Not to mention anything else, the cost of counting gold coins alone is enough to save, which is almost the same as not charging. Not to mention that Lizhenfang's gold notes are a grand opening, and all exchanges within the first month are free of handling fees.
As a result, the people in the capital were fine, but those who were doing business, especially small businesses that only traded in the capital, flocked to Lizhenfang with gold coins and exchanged them for Lizhenfang's gold notes, which were easier to carry and calculate. Although they lost 0.1%, how much is that?
Everyone who exchanged didn't want people to know how many gold coins they had, and Lizhenfang also considered it carefully. This kind of gold coin exchange for gold notes is all done in closed small compartments, and outsiders don't know the specific amount they exchanged.
Lizhenfang did not announce how many people exchanged gold coins, and people could not estimate the approximate amount through the price and quantity of the residences like before with real estate.
Mei'er's charm has been increasing recently, and even the old Taoist sometimes looks at her with admiration. Only Wang Sheng can treat Mei'er with a normal heart.
According to the old Taoist, Mei'er is in contact with billions of gold coins every day. In this world, is there anything more attractive than beauty plus gold coins? It is precisely because of this that Mei'er's cultivation has been advancing by leaps and bounds. If Wang Sheng and the old Taoist hadn't told Mei'er to stay in the eighth level realm for a while, she might have found an opportunity to break through to the legendary realm.
"Master, guess how much?" Everyone has stopped talking about cultivation matters. After Mei'er and Rose had been busy for a while, they came to accompany Wang Sheng and the old Taoist for dinner, and then talked about the recent trend of exchanging gold notes. Then Rose smiled and asked Wang Sheng to guess, "Taoist priest, guess how many gold notes were exchanged this month?"
Wang Sheng and the old Taoist's lives have been extremely boring recently, and now that they have such a small game to relieve boredom, they also find it quite interesting.
"I guess, at least 500 million gold coins!" The old Taoist stroked his beard and gave a number. A group of people in the capital have indeed made a lot of money recently. Thinking about the previous hundreds of billions of turnover, this number is not an exaggeration at all.
"Master, what about you? How much do you guess?" Rose said to Wang Sheng with a smile on her face.
"If you want me to say..." Wang Sheng pondered for a while, then looked at the smiling faces of Mei'er and Rose, and said with a smile, "Then I'll guess ten times the old Taoist's guess!"
"How is that possible?" The old Taoist didn't believe it at all: "Even if those small households are willing, where would they get 5 billion gold coins? Who would be willing to put 5 billion gold coins here without buying anything?" After saying that, the old Taoist turned to Mei'er: "Girl, how much is it exactly?"
"After a month, it's almost 5.7 billion." Mei'er replied with a sly look, and Rose next to her was also full of pride.
The old Taoist's face immediately collapsed. His guess was more than ten times different from the actual amount, which was too embarrassing.
"Old Taoist, you don't understand these things, and you don't understand business matters. It's normal to guess wrong." Wang Sheng smiled and raised his glass to the old Taoist to comfort him: "Why bother to dwell on things you are not good at?"
Lingxu Old Taoist adjusted his emotions quite quickly and returned to normal in an instant. In fact, the old Taoist has never interfered with Wang Sheng and Mei'er in business matters. As Wang Sheng said, the old Taoist never said anything about things he was not good at. But the old Taoist was still shocked by this number. More than 5 billion gold coins were credited in a month. This is not making money, this is faster than robbing money!
"This is not our money." Wang Sheng smiled and explained to the old Taoist: "This is just the money that others have deposited with us, and they can take it away at any time."
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"Then how do you make money?" The old Taoist really didn't understand and asked directly: "Do you rely on that 0.1% handling fee? That's only more than 5 million... uh, it seems like a lot."
"If we rely on handling fees to make money, we would lose money to death." Wang Sheng shook his head and laughed: "Forget it, old Taoist, don't think about it. Just know that we have the right to print money. When gold notes are circulated all over the world, there will be no one more prestigious than Mei'er in this world."
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