Heavenly Dao Formula Chapter 724: Only to print money
"Grandpa Li's words are not unreasonable," Xia Fan looked at Princess Muye and Mr. Feleton, "This is also the reason why I invited them together."
"The new banknotes will be linked to gold in the early stage to alleviate people’s worries. Everbright Bank is responsible for providing a deposit to confirm that the exchange can be carried out on time and in full. Of course, the advantage is that I allow Everbright Bank to open new branches in the mainland "He explained, "In addition, you can also choose another way of return, which is to invest in Jinxia Central Bank and get profit sharing from it. No matter which kind of investment, it is a golden opportunity."
Felayton is far more sensitive to money than Li Duojin.
He heard that now, he had a general impression of Xia Fan's layout in his mind.
Natta Court has never seen paper money, but it does not prevent him from understanding Jinxia City-after visiting around these days, he found that the eastern city is not inferior to the quiet sea countries at all, and even more advanced in many aspects . For example, urban sewage pipes, transportation planning, etc., are all things that a powerful civilization can think about. In addition, the population of Jinxia City is amazing, and the market area is always up and down. This shows that the city has great potential for development and is an area worth exploring.
He was thinking about how to break into the market of this eastern continent before his colleagues, but Xia Fan handed the olive branch to him.
For bankers, lending is always a good business.
If he can be approved to open a bank in Jinxia, it will also give him the qualification to lend.
In fact, Fei Laiton has another idea in his mind, that is, to transfer the business of Everbright Bank.
His Royal Highness Hua Lin's younger brother is by no means a fool. If news of the princess's escape is leaked, he will definitely be able to find him. By then, don't talk about the bank supervisor, Felayton is afraid that he will be arrested and sent to the gallows unless he returns to Natatium. Therefore, before that, he must consider the future of the princess and transfer as much property as possible to other kingdoms to ensure that His Royal Highness Mu Ye will have no worries in the rest of his life.
Xia Fan’s words were undoubtedly dozing off and passing pillows, Feilaidun quickly got up and saluted, “It’s my honor for Master Xia to invite Everbright Bank to participate in the issuance of the new currency. You can just open your mouth for the security deposit, as far as you can. Inside, Everbright Bank will do its best to satisfy."
"Do you want banknotes to be freely exchanged for gold and silver?" Grandpa Li was dumbfounded, "What should I do in case of counterfeit banknotes?"
"I have tested this on food stamps." Xia Fan said confidently, "As of today, the Security Department has captured six forgery cases, and the reason they were caught is that the food stamps were forged. Not true enough."
To put it bluntly, anti-counterfeiting is a technical activity.
The most critical technology is printing ink.
The rarer the raw material and the unique color of the ink, the more difficult it is to copy. Jinxia, which has the resources of the wizard tree boat, can be said to have a unique advantage in this regard. It is difficult for ordinary people to mix in the wizard and obtain the corresponding pigment plants. Even if one or two are secretly obtained, they will not be able to reproduce independently.
With multi-layer paper, embossing and copper wire threading technology, it can basically shield hand-painted counterfeiters. It is also difficult for other kingdoms or forces to overcome the special ink level if they want to cost.
Xia Fan also considered the abilities of the agitated.
In case anyone can accurately re-engrave the banknotes, there is also a unique number to make up for it. If the numbers are the same, and the banknotes cannot be distinguished from the authenticity, you can quickly investigate in the direction of those who are inspiring in other countries.
In general, there is a certain risk in the introduction of paper money, but in the face of huge benefits, this risk is not worth mentioning.
"So that's it." After listening to Xia Fan's narration, Grandpa Li's heart relaxed a little. He can doubt other things, but he will never doubt the endless methods of the other party. From burning salt to growing rice on the beach, from mechanical beasts to air rifles, every idea that sounds like a fantasy has been realized in his hands. "But what should I do if I don't recognize it? No one has seen this thing. Even if you say it can be exchanged for gold and silver, someone must be willing to accept it."
"It's very simple. This kind of banknote is Jinxia's legal tender, and the bureau should ensure its forced circulation."
"Forced?" Grandpa Li couldn't help but was taken aback. He rarely heard the word coercion in the opponent's mouth.
"Yes, all future salaries of the bureau will be replaced by banknotes. Grain, seafood and salt can only be purchased with banknotes. In addition, any caravan that enters Jinxia merchants must not refuse to accept banknotes—— I allow them to exchange the paper money for gold and silver afterwards, but as long as the people take out the money during the transaction, they must take it."
"This approach...will it be a bit too domineering?" Hua Lin hesitated and said, "If it is in Natatium, this move will definitely be resisted by all chambers of commerce."
Xia Fan didn't care about this at all.
Compared with the chambers of commerce in the Tranquil Sea countries, Qiguo's merchant power is not on the same level.
It is impossible for the dynasties of the past to allow merchants to intervene in the policy of governing the country.
If we saw those chambers of commerce in the Holy Wing Islands that had the embryonic form of transnational capital, then the big businessmen of Qiguo tended to convert money into land and real estate, and eventually became a wealthy landlord class.
As for those hawkers, it is even more unlikely that they have the ability to challenge Jinxia.
"Don't worry, they complained at most two sentences at the beginning. When the banknotes are gradually recognized by the majority of people, they will be grateful for this change." Xia Fan replied with a smile.
He is full of confidence in the power of Jinxia City.
To put it bluntly, it is why people use the special currency issued by the bureau.
The answer is that Jinxia's products are sufficiently competitive.
This year will be a bumpy year, not to mention the favorable weather, and the cultivation of beach rice has also been successful. The large amount of grain output in Gaoshan County and other places, plus the rice in the experimental field, the grain in Shenzhou is expected to reach a new peak in history~IndoMTL.com~ However, other states and cities this year missed the best planting time due to the war. Large-scale crop failures are a foregone conclusion. At this time, if Jinxia can provide stable grain exports, it will inevitably attract a large number of merchants.
In addition, traditional sea salt, as well as various stamped ironware, fairy fruits, canned aquatic products, etc... are all good products that are not available outside, and you can make money as long as you ship them out. In this case, he has no worries about the businessman not coming. What's more, the policy also allows merchants to convert banknotes into traditional silver money when they leave Jinxia, and the resistance in this regard will only be lower.
If he was worried about a deposit before, he was afraid that some forces would secretly promote a run, and now that Felayton joined, even this loophole no longer exists.
As long as the total amount of banknotes is controlled, it does not exceed the upper limit of gold and silver that Jinxia City can mobilize.
Xia Fan also knows that these are just short-term measures.
When the era came to the stage of large-scale industrial production, no precious metal could catch up with the speed of machines to create wealth. Sooner or later, paper money would decouple from gold and silver and become a true credit currency. At that time, Jinxia, who is at the forefront of the world, will have the opportunity to obtain world coinage and obtain unimaginable benefits from it.