Subverted This is the Emperor Chat Group

"How come the more I listen to history, the more I feel ignorant?"

"Did our ancestors invent the lending system as far back as the Western Zhou Dynasty?"

"Then Wang Mang is simply a plagiarism madman!"

"Plagiarism is fine. He didn't indicate the source, which is a bit too much."

"The most frightening thing is that some people even dare to brag about it without thinking. This directly delays the emergence of Yanhuang's lending system by 1000 years."

"What is the intention of this?"

"Is this because you don't want to acknowledge the greatness of your ancestors?"

…………

Cao Cao is also full of contempt. If you don’t understand some marketing accounts, don’t blow them up. Who is this trying to mislead?

Friends of wives:

"So these people are either stupid or bad."

"Or some people are stupid and bad."

………………

Wang Mang's face was ugly, he was pointing at this financial system to turn around, and this time someone called him in the face again.

Wang Mang was angry at that time, and he wanted to argue with Chen Tong to the end.

First traverser:

"How did Wang Mang's innovation become a state system?"

"You can eat rice indiscriminately, but you can't talk nonsense!"

"This is obviously Wang Mang's invention and innovation."

…………

I create your sister!

Chen Tong really wanted to slap "Zhou Li" on Wang Mang's face now.

You are exaggerating a bit.

I have reminded you so much, you still want to bar?Then I'm more than welcome.

Chen Tong:

"I won't tell you too much, many people are bragging about Wang Mang's lending system, saying that Wang Mang invented lending.

The evidence is the two economic belt systems implemented by Wang Mang.

First: People can borrow money from the government for sacrifices and funerals.

Sacrifice loans must be repaid within ten days, and funeral loans must be repaid within three months. The above two loans do not charge interest.

Second, if the common people want to run industry and commerce but have no funds, they can borrow money from the government.

For industrial and commercial loans, the annual interest paid shall not exceed one-tenth of the borrowed amount.

But this kind of lending system is originally from the system in "Zhou Li", and it can even be said that there is no change, just copy and paste.

"Zhou Li·Diguan·Quanfu" wrote:

[Quanfu... For those who pay on credit, there must be no more than ten days for sacrifices, and no more than three months for funerals.

All the people's loans are given by the judges, and the interests of the country are served.

All the wealth of state affairs is taken, and at the end of the year, it will come in and go out and accept the rest. 】

meaning is:

All credit items used for sacrifices and funerals have not exceeded three months.

Anyone who borrows money or goods, let a special person identify the matter and grant the money to him, and charge interest according to the interest rate stipulated by the state.

All the money of the country is drawn from the Quanfu, and it is settled together at the end of the year, the income and expenditure of the money are calculated, and the surplus is handed over.

It must be said here that credit is free.

In other words, there is no interest for sacrifices and funerals that do not exceed three months.

You see, in the Zhou Dynasty, the financial loan system had already appeared.

Is it the same as Wang Mang's?

Even the terms are almost the same.

In Wang Mang's period, the interest on industrial and commercial loans was one-tenth, which was one-size-fits-all.

Then you look at what else is recorded in "Zhou Li":

[The borrower refers to borrowing from the official to borrow the money, so the interest is to make the people free, and the interest is also based on the money from the country where the money is borrowed.

If the country produces silk wadding, it will be compensated with silk, and if its country produces cotton geese, it will be compensated with geese.

The interest rate of the loan cannot be set at one rate, and it should follow the convenience of the people.But its rank declines to about five ranks, or twenty to one, or eleven, or twenty to three, or twelve, or twenty to five. 】

What does this passage mean?

This means:

If the loan is used for profitable purposes such as agriculture and commerce, the state has to charge interest.

How to charge interest?

It will depend on the purpose of the loan and the amount of the loan.

It's not one size fits all.

It is roughly divided into five interest intervals: one-twentieth, one-tenth, three-twentieth, two-tenths, and five-twentieths!

Look, is it advanced?

How different is this from the modern financial system?

Is it more advanced than Wang Mang's?

During the Western Zhou Dynasty, people also checked the qualifications of the lender, the repayment ability of the lender, and the purpose of the loan, whether it is an agricultural loan or a commercial loan.

Then consider the amount of the loan, the length of your loan, and a series of factors, and then the interest rate can be adjusted.

I asked, is this awesome?

How is this system different from the current bank credit system?

Isn't this slapping you Wang Mang?

What Wang Mang used was the simplified version of the credit system in "Zhou Li".

Does this make him a time traveler?

Didn't these people from the Western Zhou Dynasty crossed collectively? "

my god!

Yue Fei was stunned at that moment.

He is basically a layman in economics. He was shocked when he saw the marketing trumpet Wang Mang in Chen Tong's space before.

After all, many people say that Wang Mang created the financial loan system of Chen Tong's era.

Seems like a bank.

Yue Fei felt incredible at the time.

But now look at what Chen Tong said.

Only then did he know what the bank credit system is and what deja vu is.

bristle:

"Compared with the Western Zhou Dynasty's financial system, Wang Mang is like a younger brother!"

"I just want to ask, has Wang Mang understood the credit system of the Western Zhou Dynasty?"

"I'm afraid it's not that I don't understand it, so I just copied some of it."

"If this is copied in its entirety, people in later generations will not be able to blow it up to the sky?"

In the chat group, the emperors gasped.

Li Shimin felt ashamed for Wang Mang at the moment.

Don't hit the face too hard.

I slapped the evidence directly on your face.

Li Shimin didn't know much about the assistant's affairs.

He was dumbfounded when he saw that this lending system existed.

Is this td the bank mentioned by later generations?

Nima!

Why does it feel like Yanhuang's ancestors are all on the hook!

Qiangu Li Er (the hero and the sinner):

"I feel that the Yanhuang civilization seems to have lost a lot of important property in the process of inheritance."

"Isn't this financial lending system just like a bank?"

"It seems to be a state-owned bank."

The more shocked Chen Tong's eyes were, it was much more shocking than hearing Wang Mang's system when he was a child.

Chen Tong:

"You thought it was over?

anything else.

Why did you take this kind of state management loan at that time?

That is, there were also private loans at that time.