I am not an ant thief in the Three Kingdoms

Chapter 700, overheated investment

Although with the help of Pu Yuan, Zhuge Liang's sewing machine factory began to operate normally, but at this time Zhuge Liang and the others had no energy to do it.

After 10 days of corrections, the results of this group of candidates were all released. Zhuge Liang and Huang Yueying were both admitted to the University of Mechanical Engineering, and Pu Yuan was not surprised.

Zhuge Liang comforted: "Brother, I will start making up lessons for you this year, and next year we will start from scratch."

Pu Yuan smiled casually and said: "This is not something that has been expected. There is no need for supplementary lessons, and I can't learn it. I played in Jidu for two days and then went back."

And among them, many people who thought they would not pass the exam were also crying with joy. They thought that the exam was bad, and they thought they were fired, but they did not expect that this time, not 1000 people were admitted, but 3000 people. The people who passed the exam unexpectedly passed the exam!
And what is even more surprising is that Dagan will open a teacher training college and recruit 3000 students, and these students will be selected from the students who failed the exam, which means that the number of places they will admit will increase from 1000 to 6000 people.

Candidates like Lu Su and Sun Quan were such candidates who escaped from death. They would not have been able to pass the exam based on their grades, but they did not expect that the sudden increase in the number of students by 6 times made them admitted by accident.

"Great, we can finally stay in Jidu." Sun Quan said excitedly, releasing the huge pressure in his heart.

Lu Su smiled and said, "This time, Su and Brother Gongjin have become classmates."

Zhou Yu laughed and said, "We will learn from each other in the future!"

But his third younger brother, Sun Ling, was dejected. Like Sun Ce, he inherited Sun Jian's bravery. He still prefers to dance with a gun and stick a club, so he still failed the ranking without any surprise.

Sun Ce comforted: "It's okay, you can go out to sea with your elder brother to do business. It is enough for Ji to have Zhongmou to inherit the family business, and we will go outside to open up a new family business."

Outside the examination room, there are joys and sorrows!Those who passed the exam called their friends and friends to celebrate again, and those who failed the exam also drank to relieve their worries. The exam economy will show its power in Jidu again!
This batch of candidates will have to wait for admission in September!
This time, less than half of the Jingzhou scholars who came to the imperial capital were admitted to the Mechanical University. Naturally, elite disciples like Xu Shu and Pang Tong were admitted one after another. They called their friends to celebrate.And many mediocre disciples had no choice but to hang their heads and run back to the place where they lived.

Sima Jing cheered him up and said, "I failed the exam this time. Let's start again next time. Anyway, this college has an exam every year."

After experiencing this failure, most disciples of aristocratic clans have to start looking for a career suitable for them to inherit their family business. After all, people still have to live, and continuing to live in the past will only make themselves more painful.

So after the exams, many people established factories and chambers of commerce in Jidu, and several or even a dozen factories and caravans popped up every day.

But at this time Xu Wei didn't have time to reflect on the exam, and he also encountered his own troubles.Niu Gui led the high-level executives to find Xu Wei for help.

It turns out that Daqian’s economy has problems. The price of Daqian’s goods, which have been stable for more than ten years, has continued to rise this year. The prices of basic materials such as cement and steel have more than doubled, and they continue to rise. Affecting the prices of their respective meat and vegetables increased by 5%, which caused complaints from the people in Dagan. …

If it weren't for the large amount of grain and grass, and the production efficiency of each cloth far exceeded the scope of the people's needs in Dagan, and became a ballast stone, the price of grain and cloth would have increased.At that time, the price increase will become even more uncontrollable, and a nationwide inflation may happen!
Xu Wei was surprised: "How can it rise so fast?"

Xu Wei also worked as a small trader in the past, so he naturally knows that such a rise in prices will always hurt ordinary people the most!Therefore, he controlled the price of Daqian more rigorously. Even if the experts of later generations said that a small amount of inflation is conducive to economic development, Xu Wei was not moved.

He thought that if the prices of food and cloth were nailed down, the prices in this world should not fluctuate too much. After all, the social development at this time is still relatively early, and the price can be controlled by controlling food and clothing, but he fell into this inflation. Tell Xu Wei that he has simplified the economic operation.

After Liu Bei ceded Jiaozhou, the world was formally unified, and military expenditures decreased sharply. The governors and prefects in various places put their main energy on developing the economy.

However, Dagan's economic environment is relatively loose compared with previous dynasties. In history, the economy can develop rapidly by doing nothing. The governors all pursue the development of political achievements. If I want to have political achievements, of course I must build a big project.

This requires the construction of canals, roads, tracks, large iron and steel factories, machinery factories, large industrial parks, and large cash crop gardens.

And these projects all need money, and the amount is quite a lot, ranging from a few hundred million to as many as a billion, billions or even tens of billions.

At the beginning, they proposed a large number of projects to the Daqian court to develop the local economy, but Xu Wei refused at that time.

We can't afford so many projects financially, not to mention that the productivity can't keep up. If we do so many projects at one time, the projects need cement, steel, wood, coal and other raw materials needed for infrastructure construction. That's not enough. fly into the sky.

Xu Wei has rich experience in this area. When he was a child, he watched TV, and the news often said that investment was overheated and the scale of investment should be controlled. Failure to control the scale of investment indicates that in the next year, prices will double or quadruple.

He thought that this would control the behavior of the prefects and governors from making large investments.

But Xu Wei did not expect that these prefects and governors were also trying to find ways to get money for development at the local level. First, Wang Guojun used the stock market to raise funds to build a canal project that runs through the entire Jizhou and Youzhou!
Xu Wei thought it was a reasonable way to raise funds through the stock market, so he did not interfere.

Afterwards, Yang Feng followed suit and found a way to find a way to borrow money from a big businessman to raise funds, and started a swamp reconstruction project in Jingzhou!
The prefects and governors in other places learned from businessmen to raise funds and launch their own projects, and these projects seemed to have a bright future, which really attracted many wealthy businessmen.

In this way, large and small projects in various places continue to be launched, and one-sided pursuit of high-speed development has led to overheated investment. …

And because there are too many projects, the amount of basic building materials such as steel and cement required has increased sharply, and now we are also building a railway in Youzhou that consumes a lot of steel, cement and wood, and the discontinuation of a large number of projects has also driven various iron tools, The rise in demand for woodware and even cloth resulted in overheating of investment across the Dagan range, driving up these basic commodity prices.

And because Dagan carried out a large number of projects, during this process, millions of people were recruited for infrastructure construction, resulting in an increase in the household income of millions of households. These people began to buy all kinds of cloth and cloth on the market with their fingers. Food is used to improve the lives of families, and there may even be many families building new houses, and a large amount of purchasing power is released, which intensifies the upsurge of rising prices!
But now this problem has begun to spread to Jidu. When Niu Gui and the others found out, it has become a bit out of hand. It can even be said that if Dagan has enough grain and cloth stocks as ballast stones, Inflation will get even more out of hand.

And the thing that scares Niu Gui the most is that when he finds that the situation is not right, he can go to the local area to calculate the funds needed for the projects launched in various places, only to find out in horror that it has only been more than a year. Overcoming his prime minister, he launched projects worth more than 1000 billion yuan. These projects were all borrowed money. That is to say, the current local debt is twice as much as that of the imperial court. The accumulated debts have exceeded 1500 billion yuan, and the annual interest repayment alone costs several billion to tens of billions.

It still depends on the interest of the debts owed by the prefects and governors. If there is only half of the interest like the imperial court, then it will only be 75 billion yuan at most, but Niu Gui knows that it is impossible after thinking about it.

Their interest rate must be higher than that of the court. If there is 1 point of interest, then more than 100 billion yuan of interest will be repaid every year. This is a figure that can completely collapse the Dagan court. After understanding the seriousness of the matter, Niu Gui Waiting for the top executives to be helpless, they can only invite Xu Wei from the laboratory!
After listening to Niu Gui's introduction, Xu Wei felt an inexplicable sense of familiarity. This is not something that often happens in the later dynasties. The economy is either hot or cold. It is like a roller coaster. It is only after the millennium that it gradually becomes a little more stable. !
And the reason for this cannot be said to be exactly the same, it can only be said to be exactly the same. Isn't this just a repetition of history.

Xu Wei thought for a while and said: "To solve the current problems of the imperial court, one is to control debts, control the infrastructure construction of local governments, so that they do not borrow money, and the other is to release enough goods to control price increases."

Xu Wei thought for a while and asked: "Who on earth borrowed them 1000 billion? I can't believe that the people who are working hard have 1000 billion in liquidity?"

This is what Xu Wei finds strangest. You can't just borrow this money if you want. There must be a place for this money.

With such a huge number, even the merchants in Dagan do not have so much money. The merchants in Dagan are completely different from those in the Han Dynasty.

Most of the merchants in the Han Dynasty were peddlers, and their main business was buying and selling. The goods they purchased were also obtained from the powerful and noble families, so they had more money in their hands. …

Most of the big businessmen have invested in industries, and their property is the machine factory. Their total assets may have reached this figure, but the circulating funds are definitely not so much.

In Dagan, the only money shop that can control so much money is because the war in this world has just ended, and the people have a strong sense of urgency and are used to saving money to ensure their future life.

Therefore, in the past few years, the industry has developed rapidly, and the income of workers has increased rapidly. However, these workers save all the rest of the money except for a small amount of money to improve their lives. This is the source of the money shop's huge funds.

But Sun Qing from the money shop has been warned by Xu Wei. They are two separate systems from the local government, and they are not in command of each other. He is not allowed to lend money to the local government at will. If there is a problem with the money, he will I have to ask Sun Qing to settle the score.

There is no way that the reputation of credit currency in this era is too low, and there is a run problem. It is impossible for him to use banknotes to deal with it, but to exchange it with real gold, silver and materials, so if there is a problem with the money shop, it is a big deal problem.

So when Xu Wei looked at Sun Qing, Sun Qing immediately shook his head and said: "This is not borrowed from our money shop, and there is not so much money to borrow in the local area."

Does he know the seriousness of this problem, and he can't bear the blame.

At this time, Xiang Kai said helplessly: "Most of the money in power belongs to the aristocratic families in the south of the Yangtze River. Although the ruling confiscated their land and Wubao, they kept the money in their hands. Thousands of years of accumulation, now that they have lost the foundation of their lives, land, and at the same time, in order to ensure the safety of my family, I have lent a lot of money to the prefects and governors of these places for construction!"

Xu Wei said angrily: "What is this? Are you collecting protection money? They are treating us as a gang of rangers! No wonder Sun Qing reported that Qianpu had completed the task of collecting 100 tons of gold. I thought It is the increase in the output of Treasure Island, but I did not expect that this is the coffin board of the big Han clan!"

If this is to be translated into modern words, it is a dynamic social group!It's a protection fee.

Niu Gui smiled wryly and said: "This is not the first time this kind of thing has happened. When the stock exchange was first established, there were many rich and powerful families in the big man, so they secretly bought stocks and bonds from us, and even earlier In order to resettle the refugees, we issued bonds in Youzhou and Jizhou, and we guaranteed to the powerful families in Hebei that even if their homes were stolen, these bonds would not be included.”

"That's why we are going to fight these big men. The aristocrats like the bonds we issue the most. They are easy to carry, have a good reputation, and are safe and secure."

Xu Wei was left speechless. Back then, their bond was equivalent to the protection fee of the mutant, and now the local government has followed suit.

Xu Wei said helplessly: "Aren't they afraid of losing everything?"

Niu Gui said helplessly: "Except for a few projects, they came to the stock exchange market to find bonds, and the rest are mortgaged by those projects. If the debts are not paid, they can only mortgage these projects to these businessmen. It’s easy to handle, at worst, let them charge a fee for decades, but if it’s mortgaged like a plantation~.”

Xu Wei sneered and said, "No wonder they dare to borrow money!"

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