Physician of the Song Dynasty: Zhang Kai and Li Qingzhao have a private life-long contract

Morning on the second day! Chui Gong Hall once again set off a dispute over the Green Miao Law!

"I sincerely request you to implement the Young Seedling Law! To solve the problem of high-interest loans among the people." Zhang Dun took the lead.

This time, the New Party was well prepared to take stock of the dangers of private lending.

Faced with the bloody and irrefutable evidence, the old party was speechless. No matter how they attacked the Qingmiao Law for harming the people, they had to admit that private loan sharking was also burdened with blood debts.

Zhao Xu was furious when he heard this, and immediately said: "Publish a decree to tell the world that in the future, the maximum interest rate for private loans will not be more than four cents per year. It is strictly forbidden to behead the person and return home after nine outings. Any violation will not be supported by the government."

"what!"

The old party officials couldn't help but be stunned. They must know that the previous annual interest rate was at least double, but now it has been cut in half, not to mention the loss of beheading interest rate and the means of making money after nine outings and thirteen returns.

"The officials are wise!"

The new party ministers cheered.

"Officials, think twice!"

Yang Wei, the censor, bit the bullet and came to remonstrate.

Zhang Dun sneered and said, "What? Mr. Yang didn't just speak out yesterday about impeaching the Young Seedling Law for exorbitant interest rates and harming the people. Why did he suddenly change his tune now?"

Yang Wei frowned and said, "The officials don't know. Most private loans are for urgent matters. If the interest rate is too low, I'm afraid no one will be willing to borrow money."

Zhang Dun said proudly: "There is no one who can borrow Qingmiao money. Please report it to the officials. After I returned home, I thought about it for a long time. It is indeed unfair to charge Qingmiao money twice a year. I suggest that the Qingmiao money has an interest rate of two cents per year. Collect interest once a year, only in this way can we benefit the people all over the world."

Officials of the old party frowned. The annual interest rate for private loans was limited to 4 cents, while the annual interest rate for youth money was set at 2 cents. As a result, the old party suffered heavy losses.

Zhang Dun felt proud that the annual interest rate of two cents was an unprecedented low. He believed that this time, the officials would happily agree.

However, Zhao Xu shook his head and said: "The imperial court promulgated the Green Seed Law not to collect money, but to benefit the people. Since it is to benefit the people, it is better to set the annual interest rate at one point."

"one cent!"

The new party and the old party exclaimed that this was a low interest rate that had never been seen since ancient times.

"Not bad!"

Zhao Xu said firmly, and at the same time, he listed Fan Zheng's suggestions for supplementing the Qingmiao Law.

"The officials are kind!"

Su Zhe stood out from the crowd and was the first to support.

"The officials are kind!"

Many honest officials who hated usury responded and supported Zhao Xu.

Everyone in the New Party looked at each other and could only nod helplessly in agreement. What they also valued was not the interest, but the implementation of the Green Seed Law to increase the New Party's influence. Once the Green Seed Law was implemented, the New Party's momentum would surely rise to the next level.

"I will obey your orders!"

Zhang Dun was the first to respond.

Officials of the old party could not help but show a trace of unwillingness. As a result, they not only suffered heavy losses, but also allowed the new party to become powerful again.

"During Shenzong's reign, the Green Miao Law was very harmful to people! Officials should think twice!" Lu Dafang could no longer sit still and retorted immediately.

"I am deeply gratified that Mr. Lu has grown up to be the leader of the country. Why don't we let Yushitai be responsible for supervising the implementation of the Qingmiao Law. If there is anything illegal or harmful to the people, stop it immediately!" Zhao Xu followed the good path.

Lu Dafang couldn't help but sigh, cupped his hands and said, "The officials are wise!"

He could already see clearly that Zhao Xu had mastered the method of checks and balances. This time, both the new party and the old party were in Zhao Xu's hands.

"I have reported to the officials that neither the green seedling method nor the secret glass technique can quench the thirst of the nearer. Now, a secret report has come from me. The Emperor of Liao has gathered soldiers from several tribes and is about to reach Yanmen Pass on a southern tour?" Zeng Bu said worriedly.

"Yanmen Pass?"

All the officials in the court couldn't help but be shocked. Now that the situation in Song and Liao was unclear, the Song Dynasty needed a lot of money and food to defend the Liao Kingdom.

The Ministry of Household Affairs was also at a loss. A clever woman could not make a living without rice. There were many places in the Song Dynasty that needed money, and the Ministry of Household Affairs was also in a dilemma.

Fan Zheng heard this and said: "I have a plan that can solve the problem of lack of money in the Ministry of Household Affairs."

The New Party and the Old Party couldn't help but frown and looked at Fan Zheng displeased.

This time, the officials used their own methods to treat others with their own medicine, making the old and new parties dumb and unable to speak. It was obviously Fan Zheng's masterpiece.

Furthermore, the court was short of money, and they didn't think Fan Zheng could solve it. Even if the doctor's family was sold, they probably wouldn't be able to get much money in exchange.

"Fan Aiqing, please speak!"

Although Zhao Xu did not believe that Fan Zheng could solve the court's problem of lack of money, Fan Zheng's usual magic made him decide to listen to Fan Zheng's evil prescription.

Fan Zheng smiled slightly and said: "Borrow money! When the people are short of money, they will borrow money to tide over the difficulties. Now that the court is short of money, why not also borrow a sum of money to tide over the difficulties, and then pay it back when you have money in the future!"

"The court borrows money?"

There was an uproar in Chui Gong Hall.

Lu Dafang angrily rebuked: "That's nonsense. What kind of status does the imperial court have? How can it borrow money?"

Zhang Dun also sneered and said: "How can the imperial court be consistent in its lack of money? Who in the world can lend money to the imperial court? Xixia and Liao may be able to borrow money, but how can they be willing to finance the Song Dynasty to defend the two countries. "

The New Party and the Old Party severely criticized Fan Zheng's words. In their view, Fan Zheng simply didn't know the heights of heaven and earth. He usually acted in evil ways, but he also acted like this in national affairs.

Fan Zheng explained: "Borrowing money from the private sector is called public debt, and borrowing money from the state is called national debt. If the court has no money, it does not mean that the private sector has no money! As far as the official knows, there are so many wealthy people in the private sector, and many wealthy businessmen have put money into their treasury. Until it becomes moldy and rusty, if it is lent to the imperial court, it will not only allow the people's spare money to circulate, but also solve the urgent needs of the imperial court."

"Idiots are talking about dreams! How can the world's businessmen be willing to lend money to the imperial court if they are obsessed with money?" Lu Dafang sneered. Everyone knows that money is most secure in their own hands, and who is willing to lend money to others? .

Fan Zhengxin said: "National debt is also a debt, and it is naturally a loan. It will naturally have interest, as long as it is profitable! Naturally, some people are willing to lend money to the court, at least to the court. It is safer than lending to others, at least the court will not If you default on your debt, you don’t have to worry about not being paid.”

The officials couldn't help but feel proud. As the government still had some credibility, they would naturally not owe the people money.

Zhao Xu smiled bitterly and said: "Although Fan Aiqing's strategy is feasible, the interest rate of one cent is already the lowest. The money required by the court is not a small amount. Such interest has been unbearable for the court for a long time."

Fan Zheng had just told him the horror of using compound interest to calculate interest, and he was naturally unwilling to let the court fall into this vicious cycle.

"What if the imperial court sets the maximum national debt at 5%?" Fan Zheng asked rhetorically.

"Five cents?"

All the officials in the court couldn't help but hesitate. The interest rate of one cent was already unprecedentedly low, and five cents was unheard of.

"But with such low interest rates, how can people be willing to buy national bonds?" Fan Chunchuan said with a heartbeat.

If the imperial court can issue national bonds at 5%, then the money obtained can be resold and loaned out to young people, which is a sure profit without losing money.

All the officials in the court also shook their heads. With such a low interest rate, they did not believe that anyone would be willing to buy it.

Fan Zheng couldn't help but smile bitterly. In later generations, treasury bonds with an interest rate of three percent were still extremely popular, let alone an interest rate of five percent.

"The doctor is willing to underwrite the government's national debt!"

Fan Zheng patted his chest and assured.