different warring states of japan

Chapter 2113: Borrowing money to fight wars

Tokugawa Ieyasu had a fierce battle with Ichijo Hideyoshi, who lost the battle and had no choice but to use diplomatic appeasement to defeat Tokugawa Ieyasu, which resulted in her ban being unable to be enforced in the Tokugawa territory.

After all, if they won't agree to something under the sword, it's even more impossible to agree to it at the negotiation table.

On the other hand, Tokugawa Ieyasu had the offshore exchange privileges allowed by the saint, and could exchange food coupons for supplies from the Shiba territory.

As a result, the Tokugawa territory unsurprisingly became the center for exchanging food coupons and supplies between the Sasaki family and the Ichijo family.

This exchange business alone was enough for Tokugawa Ieyasu to make a profit from the price difference.

As Yiyin thought about it, he subconsciously rubbed his temples with his fingers. He really didn't expect things to turn out like this.

Oda's former retainers purchased Shiba properties, including Shiba real estate and stocks, and then mortgaged the Shiba properties to Shiba Dokura in exchange for food coupons, and finally sent these food coupons to the Tokugawa territory in exchange for physical goods.

The Tokugawa family naturally did not have so many supplies, but Tokugawa Ieyasu had the exclusive right to offshore exchange. She could use these food coupons to purchase the necessary supplies in Shiba Territory without being subject to trading restrictions.

After this circle, the financial isolation wall between Yoshigin and Hideyoshi Ichijo was equivalent to a dog hole dug out, and Shiba Dokura became the largest supplier of supplies for Hideyoshi Ichijo's conquest of Kyushu.

  War is all about money, if you don't have money, just send it! If it weren't for the strong support of Shiba Dokura, Ichijo Hideyoshi's conquest of Kyushu would never have been so easy!

Thinking through the logic behind this, Yiyin's bitter smile became more and more intense. He looked at Takada Haruno and sighed.

  "What should we do now?

Are you coming here as the chairman of the Sapporo Fed to ask me to cut off Tokugawa Ieyasu's exclusive offshore exchange rights?"

Takada Haruno shook his head and said.

“On the contrary, I hope that the saint can condone Tokugawa Ieyasu’s actions and allow more samurai under Ichijo Hideyoshi to participate in the lending activities.

Relying solely on loans from the samurai of the seven former Oda territories, the amount of food coupons borrowed is a bit too little."

Yiyin's brain was confused for a moment. He looked at Takada Haruno, who had a serious face and didn't seem to be speaking in a sarcastic way. His head suddenly hurt even more.

"You, explain yourself."

Takata Yono bowed.

“Saint, the Fed’s control of the food stamp interest rate must be for the sake of profit, and the lending of the Fed’s warehouse is an important part of the food stamp interest.

After these years of smooth development, whether it is the Sōma-organized samurai who make a living within the system, or the big merchants who use food coupons to trade outside the system.

Everyone has become accustomed to putting their extra food coupons in Sibo Tucang and earning the interest from the deposit. This interest is income for them, but a liability for Tucang.

There are too many food coupons deposited in the Sibo warehouse, and these food coupons need to be circulated.

The food coupons that have become the mainstream currency in the market are the real wealth, while those hidden in the warehouse are just a pile of waste paper.

If the Spostock warehouse and the Spostock Federal Reserve, which controls the food stamps, want to operate normally and make profits, they must use loan interest rates that are much higher than deposit interest rates to earn the difference between the two. "

Yiyin nodded and understood. This was actually easy to understand.

For example, the current interest rate for the reverse repurchase of Spo food coupons is half, which is 5% per year.

If one hundred food coupons are deposited in Sibo Tucang, they will become one hundred and five after one year. Tucang needs to pay an additional 5 percentage points of interest to the depositor. This is the customer's profit and also Tucang's liability.

In order to offset the 5% debt, Tucang must lend money at a higher price, for example, 15%. In this way, the deposit interest rate is 5% and the loan interest rate is 15% in a year, so Tucang can earn a 10% interest rate difference.

The Federal Reserve can make profits by adjusting deposit and loan interest rates, but of course it is more for adjusting excess food stamps in the market and maintaining the stability and circulation of food stamps.

As long as the SP food coupons become the mainstream currency in the market, the SP family's paper can be exchanged for supplies on the market. This is the biggest benefit of the SP Federal Reserve.

Therefore, the financial barriers inherited from Oda Nobunaga and Ichijo Hideyoshi excluded the Shiba food coupons from half of the island country.

The half island country belonging to the Spoelstra family has completed the transformation of food stamps into monetization, but the Spoelstra Federal Reserve hopes to gain more markets.

Therefore, Takada Haruno hoped that the samurai under Ichijo Hideyoshi would borrow a large amount of food coupons and take advantage of this bug of Tokugawa Ieyasu to allow the food coupons to actually circulate in Ichijo Hideyoshi's territory and become the mainstream currency.

Moreover, for the Federal Reserve Chairman Haruno Takada, there are many deposit clients at Spoelstra, but high-quality loan clients are hard to come by.

Ichijo Hideyoshi was aggressive and aggressive, forcing his samurai to borrow money to fight the war. Sasaki Dokura borrowed money and then shared the profits with them by accumulating interest.

You have to know that this was in the Middle Ages, when usury of 90% interest and 13% return was normal. A loan with an interest rate of 15% or even 50% was considered a conscientious loan.

With the sound of the cannon, a huge amount of gold was given. The samurai who followed Hideyoshi to win the battle could also afford to pay back the high-interest loan. They were high-quality loan customers.

There had been no war in the Sasaki clan's sphere of influence for many years, and there were large amounts of supplies piled up, which was just the right amount to lend to the samurai under Ichijo Hideyoshi to fight. This meant that the Ichijo clan shed blood and tears while the Sasaki clan ate meat and drank soup.

Therefore, whether it is to allow food stamps to further occupy the market in the entire island country and promote the monetization of food stamps, or to obtain high-quality loan customers, the food stamps deposited in the local warehouse should be circulated.

Takata Haruno hoped to retain Tokugawa Ieyasu's territory as a portal for exchanging grain coupons, and to make it a link between the Sasaki and Ichijo families, and even between the eastern and western island markets.

But there is still a big problem.

  What if one day, Hideyoshi Ichijo has no more battles to fight, or she loses the battle, and the samurai under her command cannot repay the money, and these loans become bad debts? What should she do?

Yiyin looked at Takata Haruno deeply. This little girl helped him a lot.

Although Yoshigin had always wanted to instigate Ichijo Hideyoshi to invade the peninsula, he was never sure he could force Hideyoshi to do something unlucky.

But now that there is the magic weapon of borrowing food coupons, Hideyoshi Ichijo has to follow Yoshigin's baton.

If the samurai under Hideyoshi Ichijo were in debt and needed to fight a war to pay it off, would they force Hideyoshi Ichijo to invade the peninsula?

The samurai families could not defeat the saint, nor did they dare to go to war with him, so they would inevitably force Hideyoshi Ichijo to take advantage of the weak points on the peninsula.

  Wait until Hideyoshi Ichijo forces out the Celestial Empire, the soft persimmon behind the peninsula, and then Yoshigin kneels down and licks the Celestial Empire, serves as a dog for the Celestial Empire, and stabs Hideyoshi Ichijo in the back in exchange for the Kanko trade. Wouldn't that be great?

Yoshigin's eyes became more and more profound as he looked at Takada Haruno, and the smile on the corner of his mouth became more and more inexplicable, which made Takada Haruno feel uneasy.

She asked tentatively.

"Does the Saint feel that this is inappropriate?"

Yiyin said firmly.

"No, it's quite appropriate, I think it's very good.

Sibo Dokura can relax the loan to the samurai families in Ichijo Territory, and the loan interest rate will be determined by the Sibo Federal Reserve. I trust you to do the job."