I'm only seven years old, Lao Zhu, you let me supervise the country?

Chapter 512: Using financial capital to harvest... no, to build a more prosperous world

But this is just the beginning of Zhu Yunzhen's real methods.

There are so many ways to make money in his mind, and any one of them will make people of this era willingly take out their money!

And the most ruthless among them is the means of financial capital!

For example, a commercial bank belonging to the Ming Dynasty was opened. The left hand absorbed the excess wealth of the Ming people and concentrated all the money. The right hand loaned money to the Ming people and factories in need to expand production.

Or stimulate consumption.

But this is only the most basic operation! Although the bank is making money steadily, it is still coming too slowly!

You can only earn a small interest rate difference, which seems a bit unpopular in this era of gold everywhere.

Moreover, according to today's concept, people have not developed the habit of borrowing money from banks. Maybe Ming's banks will face the pressure of deposit backlog.

Therefore, Zhu Yunxuan had never opened a bank in Ming Dynasty before.

The reason is this.

The time is not yet ripe.

Even with so much wealth, the real role it can play is extremely limited.

However, as Daming's technology continues to innovate, and as Daming's prestige around the world continues to increase, countless overseas workers have traveled across the ocean to come to Daming. Daming already has the potential for rapid development!

Therefore, the matter of opening Daming Bank must also be put on the agenda.

However, when it comes to financial capital means that can really make big money, it has to be the stock market!

This is the game where real money begets money!

Every day's rise and fall may be the same as the interest earned by putting money in the bank for a year! This kind of crazy interest is enough to make everyone in the world excited!

Zhu Yunxuan could already foresee the sensation caused by the establishment of the stock trading center in Ming Dynasty!

The wealth within the Ming Dynasty and the wealth of overseas countries will converge crazily towards the Ming Dynasty! And it is gathered at a level that far exceeds that of real estate in the Magic City!

And this money will be firmly locked in the stock market.

Locked in the territory of Ming Dynasty!

Daming's factories will use the money to continuously expand production, build factories around the world, and sell Daming's products all over the world!

Under the endless money offensive.

Ming's technology will definitely usher in a new explosion. After all, the world has never been short of talents.

Even a pile can create a miracle!

And this is just the basic operation of the stock market. Zhu Yunzhen can use his advanced experience to actively go long or short in the stock market to grab excess wealth.

Convert countless overseas funds into Ming Dynasty funds!

However, Zhu Yunzhen would not do this, or there was no need to do so at this stage.

Because Ming's current wealth has a tendency to be excessive, a large enough reservoir is necessary to help Ming firmly lock in this excess funds.

Let the Ming Dynasty banknotes circulating in the market always remain within a certain range.

Zhu Yunzhen did not want Ming Dynasty's stock market to become a mere tool for making wealth, and he did not want Ming Dynasty's stock market to remain at a low level forever.

Ming Dynasty's stock market must continue to rise to help Zhu Yunxuan absorb funds from all over the world!

This will help the future development of Daming's enterprises!

Only in this way will Ming's stock market enter a virtuous cycle instead of a vicious cycle, always hovering at a low level.

Funds from all over the world poured in, and unscrupulous businessmen used various means to carve up the funds in the stock market, creating one millionaire after another in the Ming Dynasty.

This is definitely not what Zhu Yunzhen wants to see!

What Zhu Yunxuan wants to see is more and more money in the stock market, and more and more money for factories to expand production!

"But in this case... the household department seems to be a little overwhelmed."

The three provinces and six ministries system followed by the Ming Dynasty was ultimately just a political system suitable for an agricultural society.

Unable to adapt to the rapid development of Ming Dynasty.

Apart from other things, if the matters of opening banks and issuing stocks are left to the Accounts Department, then the Accounts Department will have too many things to take care of.

A bloated organization is secondary.

The main thing is that the power is too great! The Ministry of Household Affairs is grasping almost everything related to the economy!

How is this possible?

At that time, if the officials of the main household department make some moves, how much of Ming Dynasty's money and Zhu Yunxu's money will disappear!

"Go and call me Xia Yuanji!"

Zhu Yunzhen ordered.

After the eunuch Bingbi heard this, he quickly went to the Counselor's Office of Wenhua Hall to find Xia Yuanji.

The Minister of the Ministry of Revenue happens to be on duty at the Advisory Office today.

Therefore, Xia Yuanji rushed over within a short time.

"Your Majesty, please pay homage to your Majesty!"

Xia Yuanji first made a big salute, and then said: "I wonder why your Majesty summoned the minister?"

Zhu Yunxuan immediately told Xia Yuanji about his idea of ​​opening a bank and setting up a stock market.

Banks are better off, after all, Zhu Yunxuan once issued treasury bonds.

There is a slight similarity with banks.

Xia Yuanji can naturally understand the benefits of banks. After all, the reason why Ming Dynasty has not been short of money in recent years is largely due to the issuance of national bonds!

But the idea of ​​issuing stocks and setting up a stock trading center really shocked Xia Yuanji.

How can you still do this? !

Just by hearing the scene described by Zhu Yunxuan, Xia Yuanji could imagine what a vast market this would be!

By then, the wealth pouring into this stock market will definitely not be just a few million taels or tens of millions of taels.

But in billions!

I don’t know how many billions of Ming Dynasty treasure banknotes will be piled up in this stock market!

And as the wealth in the stock market continues to accumulate and grow, this wealth will grow many times!

"Your Highness, this is actually a plan that benefits the country and the people!"

“It should be implemented as soon as possible!”

Xia Yuanji's face was full of excitement. He had been completely impressed by Zhu Yunxuan's idea. If this stock trading center was built, it would be great.

He could completely imagine the massive wealth coming towards the Ming Dynasty!

The current development of the Ming Dynasty is actually not as good as imagined. The polarization between the rich and the poor is extremely serious. No matter how much Zhu Yunzhen restricts it, regional limitations are still unavoidable.

The closer the area is to the capital of the Ming Dynasty, the richer it is.

The further away the Chief Secretary was from the capital of the Ming Dynasty, the poorer he became.

Even the people of Ming Dynasty in some places could not even take a bite of food.

The excessive wealth of the Ming Dynasty was only for the capital of the Ming Dynasty!

At this time, if we can siphon the wealth of all overseas countries, fully develop industry, and expand production, we will definitely benefit the people of the entire Ming Dynasty.

After all, if the prices of goods in Ming Dynasty are low, the people who will benefit must be ordinary people!

As for whether rich people will become richer because of the existence of the stock market?

This is actually a problem that you don’t need to worry about.

Because the stock market plays the role of a reservoir in the Ming Dynasty, all excess wealth is accumulated in the stock market and does not circulate in the market at all.

In this way, no matter how much wealth you have, it will become wealth on paper!

On the contrary, it can alleviate the problem of soaring prices in Ming Dynasty!

At this moment, Xia Yuanji just felt that His Majesty's idea was so wonderful! Just one stock market can solve so many problems of Ming Dynasty!

But he didn't expect that the real purpose of Zhu Yunzhen calling him over was not here.

But Zhu Yunxuan planned to split the household department!

"Banks and the stock market, I naturally want to implement them." "But banks and the stock market are serious matters. It is not an exaggeration to say that they are related to the national destiny of the Ming Dynasty."

"It's just that I'm a little troubled."

"Tell me, who should I entrust to handle these two things?"

Xia Yuanji was suddenly shocked.

It wasn't until this moment that he understood what Zhu Yunzhen meant!

My eyelids couldn't help but twitch!

Your Majesty is planning to attack their household! After all, normally, matters related to money should be handled by their household department!

But now I am asking him for his opinion. How is this asking for his opinion? This is just a matter of opinion against their household department!

Over the years, the power of the Ministry of Revenue has gradually increased with the development of the Ming Dynasty's economy, and there is a faint trend of becoming the first power department in the Ming Dynasty.

I don’t know how much money is transferred from the household department every day.

As the money bag of the Ming Dynasty, the Hubu not only controlled a lot of money, but also used money to penetrate into all aspects of the Ming Dynasty.

It can be said that the most influential department in Ming Dynasty today is definitely the Ministry of Household Affairs!

After all, even the Ministry of Personnel can only control the promotion and evaluation of Ming officials.

But the Ministry of Revenue can affect every aspect of the Ming Dynasty! Whether they are farmers at the bottom, workers working in factories, or businessmen building factories!

All involved with the Ministry of Finance!

In this case, how can His Majesty not feel afraid of their household?

But it is impossible for Xia Yuanji to take the initiative to split the Ministry of Household Affairs. After all, everyone has selfish motives. Xia Yuanji has done a good job in the position of Minister of the Ministry of Household Affairs.

Over the years, there has been hard work without credit.

Not even a single mistake has been made. Even Zhu Yunxuan couldn't just split up the household department, otherwise the reputation of a man who suppressed the hero would not be able to escape.

That's why Zhu Yunxi hoped that Xia Yuanji would be more knowledgeable.

He raised the issue of splitting the household department himself.

But to split the household department, not to mention that Xia Yuanji would not propose it himself, and the people below would not be willing either!

If Xia Yuanji does this, how will he convince the public in the future?

However, Xia Yuanji could not go against Zhu Yunxuan, so he could only say: "Your Majesty, I believe that a new department should be established in Ming Dynasty for banking and stock market matters."

"The selection of suitable officials will be directly managed by His Majesty."

"Just like the People's Supervision Department and the Shipping Department."

"Specialized in managing banking affairs and stock market affairs!"

But this is not exactly the answer Zhu Yunxian wants. The Ministry of Household Affairs must be split. Even if it is not split, there must be many more supervision mechanisms!

Otherwise, it is a fact that the household department will become bigger in the future!

In the hands of Zhu Yunxu, it is certainly impossible for the Ministry of Finance to overturn the situation, and Xia Yuanji does not have the courage and ability to wreak havoc under Zhu Yunxu's hands.

But what about when Zhu Yunxun's descendants succeed to the throne?

I'm afraid the situation has changed a lot!

Therefore, Zhu Yunzhen just smiled lightly, said nothing, and looked at Xia Yuanji calmly.

But it’s this little gesture.

But it brought endless pressure to Xia Yuanji!

Xia Yuanji could feel the oppression of Zhu Yunxuan's gaze! It was as if a young beast had been targeted by a strong and ferocious predator!

Don't dare to act rashly!

In just the blink of an eye, I was already sweating profusely!

Unprecedented fear swept through my heart!

Xia Yuanji still overestimated himself. He thought he could get through this difficulty by pretending to be stupid.

But he didn't expect that just Zhu Yunzhen's gaze would make him unbearable!

There seemed to be huge waves in my heart.

He could no longer remain calm, and he couldn't even pretend to be dumbfounded. In the end, he had no choice but to say stiffly: "Your Majesty... I believe that it is not just banks and stock markets that need to establish new departments."

"Nowadays, the Ministry of Household Affairs is bloated, and I am really overwhelmed."

"I suggest... splitting up the Ministry of Household Affairs! To solve the problem of bloated and unresponsive institutions in the Ministry of Household Affairs!"

After finishing speaking, Xia Yuanji felt as if a big stone had fallen to the ground in his heart.

The power of the Secretary of the Ministry of Finance is certainly tempting, but compared to angering the Emperor, it is better to hand over some power.

Otherwise, I really might die without knowing how!

And above.

Zhu Yunzhen still looked calm.

He just said lightly: "Yes!"

A single word determines the fate of the household department! The split of the household department is already inevitable!

And at the same time.

It also represents that the banks and stock markets belonging to the Ming Dynasty have officially entered the process!

……

Magic City.

After the Congress of All Nations was held, this place has become a paradise for overseas nobles.

Countless overseas nobles came to the Magic City with large sums of money and purchased properties one after another. Although staying in the Magic City is not the same as becoming a citizen of the Ming Dynasty.

But overseas, these nobles now consider themselves Ming people.

After all, everyone knows the relationship between Demon City and Ming Dynasty! Purchasing real estate in the magical city is almost equivalent to becoming a subject of the Ming Dynasty!

This status allows them to hold their heads high wherever they go overseas.

Even if they face a noble with a higher title than themselves, as long as the other party does not have real estate in the Magic City, they are no longer afraid!

Even my heart is filled with contempt!

Because people who have never seen the prosperity of the Magic City are no different from bumpkins in their hearts!

The prosperity of the Magic City is unimaginable to those who have never been there.

The all-encompassing trade building is stocked with products from all over the world. As long as you can name it, it’s all here!

The brightly lit street that stays lit all night can satisfy all your late-night cravings for eating, drinking and having fun! It makes people completely immersed in it!

Not only that.

The Magic City has absolutely safe patrols and security.

Maintain the safest order at all times!

This is definitely one of the safest cities in the world! And the reason why it is one of them is because the other safest city is the capital of the Ming Dynasty!

But in the magic city, there are not only overseas nobles, but also many people of the Ming Dynasty.

Most of these people were maritime merchants active in world ocean trade.

Or maybe they were wealthy businessmen from the capital of the Ming Dynasty.

Together they built the magic city into an extremely prosperous city.

And it is in this magical city that an existence that is new to the entire world is about to make its grand debut!

That is the... stock trading center established by Ming Dynasty in Magic City!

(End of this chapter)