Datang first village
Chapter 712 Li Yuanxing’s Stock Market and Futures 2
The discussion among the people was a little heated, and Li Yuanxing laughed: "The third way to play is that people who originally held a large number of shares sold some of their shares on the exchange in order to get some cash. It depends on the steel factory. In other words, the initial release of the elements has been put into the factory to expand production."
Li Yuanxing spoke again, and the surroundings instantly became quiet.
This time, even Li Er came to the side to listen.
"At the beginning of the steel factory, half of it will be issued. But it can also be issued [-]%. Then after a while, the owner of the steel factory wants some cash to invest in other businesses, so he will sell his share at the exchange price Go out some. Don’t wonder why he sold it, because the transaction price may be several times higher.”
Inflated several times!
This word awakened the heads of many aristocratic families, but after they figured it out a bit, they became even more confused.
Li Yuanxing continued: "If there is a person who keeps collecting these shares in the exchange, when he owns more than the original owner, it should be the person with the most shares who is the person who takes care of the steel factory. I don't know. Is that reasonable to say?"
The merchants all nodded. Naturally, the one with the most members said the most, and that was the big shopkeeper.
"So there are two types of sellers, one is for expansion, and the other is for money. There is a qualitative difference. Since this transaction is conducted, there are naturally rules, not too many. The detailed rules have already been formulated by Princess Mingyue. It is more than 30 characters. Of course, for ordinary people who buy first-hand and second-hand players to play for a while, it is enough to understand the rules of [-] characters. But for the companies that issue players, at least [-]% must be understood. This is [-]%. It is the Ministry of Commerce, the second is the Ministry of Accounts, and the third is the Exchange."
A businessman took two steps forward and asked if he could speak.
After getting permission from Li Yuanxing, the businessman said:
"Your Highness, Xiaomin's understanding is this. If the steel factory doesn't sell the members, the daily output of [-] tons is already the limit. But if it sells the members, it can produce [-] tons per day in half a year, and the income is at least three times higher. Except for the half that will be distributed to the sellers, he will get [-]% more, this is a win-win way!"
"That's right!" Li Yuanxing nodded approvingly.
Although the businessmen of Datang did not understand the complicated modern economics, they had their own business minds.
Li Yuanxing continued: "The [-]% of the regular money is far less than the [-]% of the ten guan money. This is the true face of this game. Another reason is to collect idle hot money to do big things, and also to those small people who have saved some spare money at home." There is one more way for money to make money."
Speaking of this, Li Yuanxing's tone changed: "Of course, there is a rule for everything. Therefore, Princess Mingyue has formulated detailed rules. Buying short and selling short, buying high and selling short to deceive the common people for arbitrage are naturally not allowed by the exchange. If you are guilty of a crime, you will be fined and confiscated coins, and you will be severely punished by the Ministry of Punishment!"
It's good to have rules.
Wang Jishan thought of his own coal mine in Taiyuan and wanted to open a few more wells, but he didn't have enough funds. He originally planned to sell more coal and open it next year, but he thought about it again. Li Yuanxing was right. .
How can [-]% of consistent money be compared with [-]% of ten consistent money.
"Your Highness, my Wang family's Taiyuan Coal Mine, may I consider issuing two shares?"
"Issuance is fine, but it has to go through an official valuation. How much is your coal mine worth? How much is [-]%? There are rules for exchanging orders for money, or expanding issuance. Yaozhou has printed the rules of the exchange into a book, and each set Twenty copies, worth a penny. There are also simple rules, only a dozen pages, and ten pennies. Chang’an Bookstore will sell them in a few days.”
Wu Zhao has already returned from Jinghe Power Plant.
Li Er called Wu Zhao to his side, and specifically asked Li Yuanxing what he meant by doing this.
Li Yuanxing didn't discuss it with Li Er in detail. First, Li Er didn't understand at all, and this explanation was too complicated.And in the early days, Li Yuanxing was only going to set up a few small businesses in Chang'an City to test his reaction.
Wu Zhao was asked by Li Eryi, and he replied without thinking too much: "Money is money when it is transferred. Li Yuanxing wants to circulate the money that many people keep in their homes, so that the Tang Dynasty will become more prosperous. In the early days, he only took Zhou Zhi Try it at the steel factory and see the effect. Because the money is not much, I didn't ask you for instructions!"
Li Er asked: "What will happen if this matter gets bigger?"
"If the entire Tang Dynasty is involved, the daily transactions can reach tens of millions, or even more. Then the capital of the Tang Dynasty will be so strong..." Wu Zhao didn't know how to describe it.
Li Er said: "If the Tang Dynasty wants to fight again, money is not a problem?"
"This... Mingyue doesn't understand. In short, there is a lot of money, especially the nobles and rich people of foreign countries have invested their money in Datang's industry, so they dare not do anything wrong. For example, when the steel factory was destroyed, their money was also lost No more, so for their money, foreigners will be more secure, even the common people will be the same!"
Smart!
Li Er's ideas may be different from the real stock market, but if the entire Tang people are involved, who would choose.If foreign money is also included, will they still dare to fight Datang?When a war breaks out and property is destroyed, they are throwing their own money into the water, which is much worse than sheep cannibalizing people.
"I thought there was no need to experiment, just let go!"
"Your Majesty, Mingyue thinks it's better to experiment first. Don't treat Li Yuanxing as a good person. Do you remember the day when he said to raise the price of wool? Li Yuanxing's next move can be used as a million-dollar army. Within a month, Gaochang will be kneeling You lick your shoes under your feet, you don’t even care about sending them to Gaochang, begging to be annexed by the Tang Dynasty.”
Li Er sounded weird, and asked back: "Why didn't you use it before?"
"Because I didn't have this before!" Wu Zhao took out a small envelope from his pocket, which contained a few pieces of paper.
Very textured paper, thick, but feels very hard, with the words Zhouzhi Steel Factory One Thousand Copies printed on it, and some patterns around it.
"Is there anything special about this?" After Li Er finished asking, he waved to Eunuch Gao, signaling to keep people away.
Wu Zhao first threw one in the water, and rubbed the other vigorously in his hand.Li Er also picked up one and rubbed it casually in his hand, almost tearing it up.
Wu Zhao was tired and gave the paper to Li Er.
"The paper has become soft, but it is not broken. The quality of this paper is really excellent." Li Er praised.
Wu Zhao took out a brand new card and looked at the light to Li Er, and there was a vague appearance of the main entrance of the steel factory inside.Take the old one again, although it has been scrunched up badly, you can still see the vague main entrance of the steel factory.
"Your Majesty, this thing cannot be faked. All the craftsmanship is at the special level in Yaozhou. Because this piece of paper represents coins, the value of this factory is ten guan, and it is likely to appreciate in value." Up to [-] Guan. Do you still remember the bank notes? This kind of paper will also be used in the future. As long as merchants travel far away, as long as they have a place in the Datang Bank, they can use this bank note to exchange for cash. All they need to do is send a telegram. Just go to the place where he changes bank notes and verify it!"
Li Er opened his mouth and said nothing.
Wu Zhao threw out another big weapon, another piece of paper with one hundred characters printed on it.
"Your Majesty, based on Li Yuanxing's reputation, this piece of paper is worth a hundred coins in the market, because it cannot be faked. Copper is not much in the first place, but now it is used too much everywhere. It is a pity to use it to make money. so……"
"Can this be used as money?"
"Your Majesty, do you know that bank notes are already being used by businesses with small amounts. As long as they can be exchanged for coins at the bank, the common people will not be afraid that these things are not worth money. Don't dare to say anything else. In the matter of coins , Li Yuanxing's face can be used as money?"
"Face!"
After Li Er repeated a sentence, he laughed loudly.
He believed what Wu Zhao said, and Li Yuanxing's face could really be used as money in terms of coins. No one in the Tang Dynasty would doubt Li Yuanxing's reputation on coins.
"Your Majesty, first take ten days. Let the common people know how to distinguish the authenticity of banknotes from the bank in the Datang Daily, so as to prepare for the issuance in ten days. This amount should not be too large. First, we will issue 1000 million banknotes in a year. With that mountain of silver behind it, I’m not afraid that the banknotes in the hands of the common people will not be exchanged for cash!”
Li Er only knows that the power plant uses too much copper, as long as it is related to electricity, it is basically copper.
Li Yuanxing and Wu Zhao did this because they wanted to save copper.
If the common people switch to coins, they will all be paid with silver coins.
But Li Er didn't know that banknotes are credit currencies, and how terrifying it would be if they were issued in vain.Wu Zhao didn't dare to say this, and Li Yuanxing would never say it either.
Just as they were talking, another row of lights came on in the square in front of the palace hall, and stones numbered with ink were placed on the open space one by one.Now even Empress Changsun came out from the harem. She also studied this rough stone and planned to choose one herself.
"Ladies first, fifteen minutes." A eunuch shouted.
"Mingyue, let's go to see the gambling stone."
The merchants who were listening to Eunuch Gao bragging about how miraculous the hall is also hurriedly confessed, and all gathered in the front block.
Naturally, men and women can't be confused and grab the stones in the stone push, the female guests pick first.
Soon, a eunuch shouted: "Princess Guangping County, Xuanshi No. 160, weighs eight catties and four taels. According to the market value of Chang'an gold price yesterday, round up! It's [-] three guan!"
Many people saw clearly that this lady, about 30 years old, took out a stack of papers from her sleeve.It was something similar to the checks of later generations. I only saw a stack full of thousands of pieces. It can be seen that this person really came here to fight for a piece of treasure.
There is a telegram next to it, and immediately send a telegram to ask the bank, and check the number on it and the name of the deposit.
"The dealer's ticket is correct. The receipt is one thousand guan, and one or two major silver coins are 160 and three." The eunuch shouted from the side, and there was someone from the bank next to him to record that this banknote had changed its owner.
"Will you drive it on the spot, or take it home and drive it!"
"It's here!" The princess of Guangping County said loudly. She bought a copy of Yu Zhen'er's stone identification tips through her relationship yesterday, and she also found out that the yield rate of these stones is as high as [-]%. The jade production rate reached nearly [-]%, and she didn't believe that her luck and vision were extremely poor.
Not only the jade craftsmen in the palace, but even the jade craftsmen in Chang'an City called dozens of people.
Regardless of whether it is done by hand or with a sander, there is the sound of intensive stone breaking under the shed in the distance. (To be continued.)
Li Yuanxing spoke again, and the surroundings instantly became quiet.
This time, even Li Er came to the side to listen.
"At the beginning of the steel factory, half of it will be issued. But it can also be issued [-]%. Then after a while, the owner of the steel factory wants some cash to invest in other businesses, so he will sell his share at the exchange price Go out some. Don’t wonder why he sold it, because the transaction price may be several times higher.”
Inflated several times!
This word awakened the heads of many aristocratic families, but after they figured it out a bit, they became even more confused.
Li Yuanxing continued: "If there is a person who keeps collecting these shares in the exchange, when he owns more than the original owner, it should be the person with the most shares who is the person who takes care of the steel factory. I don't know. Is that reasonable to say?"
The merchants all nodded. Naturally, the one with the most members said the most, and that was the big shopkeeper.
"So there are two types of sellers, one is for expansion, and the other is for money. There is a qualitative difference. Since this transaction is conducted, there are naturally rules, not too many. The detailed rules have already been formulated by Princess Mingyue. It is more than 30 characters. Of course, for ordinary people who buy first-hand and second-hand players to play for a while, it is enough to understand the rules of [-] characters. But for the companies that issue players, at least [-]% must be understood. This is [-]%. It is the Ministry of Commerce, the second is the Ministry of Accounts, and the third is the Exchange."
A businessman took two steps forward and asked if he could speak.
After getting permission from Li Yuanxing, the businessman said:
"Your Highness, Xiaomin's understanding is this. If the steel factory doesn't sell the members, the daily output of [-] tons is already the limit. But if it sells the members, it can produce [-] tons per day in half a year, and the income is at least three times higher. Except for the half that will be distributed to the sellers, he will get [-]% more, this is a win-win way!"
"That's right!" Li Yuanxing nodded approvingly.
Although the businessmen of Datang did not understand the complicated modern economics, they had their own business minds.
Li Yuanxing continued: "The [-]% of the regular money is far less than the [-]% of the ten guan money. This is the true face of this game. Another reason is to collect idle hot money to do big things, and also to those small people who have saved some spare money at home." There is one more way for money to make money."
Speaking of this, Li Yuanxing's tone changed: "Of course, there is a rule for everything. Therefore, Princess Mingyue has formulated detailed rules. Buying short and selling short, buying high and selling short to deceive the common people for arbitrage are naturally not allowed by the exchange. If you are guilty of a crime, you will be fined and confiscated coins, and you will be severely punished by the Ministry of Punishment!"
It's good to have rules.
Wang Jishan thought of his own coal mine in Taiyuan and wanted to open a few more wells, but he didn't have enough funds. He originally planned to sell more coal and open it next year, but he thought about it again. Li Yuanxing was right. .
How can [-]% of consistent money be compared with [-]% of ten consistent money.
"Your Highness, my Wang family's Taiyuan Coal Mine, may I consider issuing two shares?"
"Issuance is fine, but it has to go through an official valuation. How much is your coal mine worth? How much is [-]%? There are rules for exchanging orders for money, or expanding issuance. Yaozhou has printed the rules of the exchange into a book, and each set Twenty copies, worth a penny. There are also simple rules, only a dozen pages, and ten pennies. Chang’an Bookstore will sell them in a few days.”
Wu Zhao has already returned from Jinghe Power Plant.
Li Er called Wu Zhao to his side, and specifically asked Li Yuanxing what he meant by doing this.
Li Yuanxing didn't discuss it with Li Er in detail. First, Li Er didn't understand at all, and this explanation was too complicated.And in the early days, Li Yuanxing was only going to set up a few small businesses in Chang'an City to test his reaction.
Wu Zhao was asked by Li Eryi, and he replied without thinking too much: "Money is money when it is transferred. Li Yuanxing wants to circulate the money that many people keep in their homes, so that the Tang Dynasty will become more prosperous. In the early days, he only took Zhou Zhi Try it at the steel factory and see the effect. Because the money is not much, I didn't ask you for instructions!"
Li Er asked: "What will happen if this matter gets bigger?"
"If the entire Tang Dynasty is involved, the daily transactions can reach tens of millions, or even more. Then the capital of the Tang Dynasty will be so strong..." Wu Zhao didn't know how to describe it.
Li Er said: "If the Tang Dynasty wants to fight again, money is not a problem?"
"This... Mingyue doesn't understand. In short, there is a lot of money, especially the nobles and rich people of foreign countries have invested their money in Datang's industry, so they dare not do anything wrong. For example, when the steel factory was destroyed, their money was also lost No more, so for their money, foreigners will be more secure, even the common people will be the same!"
Smart!
Li Er's ideas may be different from the real stock market, but if the entire Tang people are involved, who would choose.If foreign money is also included, will they still dare to fight Datang?When a war breaks out and property is destroyed, they are throwing their own money into the water, which is much worse than sheep cannibalizing people.
"I thought there was no need to experiment, just let go!"
"Your Majesty, Mingyue thinks it's better to experiment first. Don't treat Li Yuanxing as a good person. Do you remember the day when he said to raise the price of wool? Li Yuanxing's next move can be used as a million-dollar army. Within a month, Gaochang will be kneeling You lick your shoes under your feet, you don’t even care about sending them to Gaochang, begging to be annexed by the Tang Dynasty.”
Li Er sounded weird, and asked back: "Why didn't you use it before?"
"Because I didn't have this before!" Wu Zhao took out a small envelope from his pocket, which contained a few pieces of paper.
Very textured paper, thick, but feels very hard, with the words Zhouzhi Steel Factory One Thousand Copies printed on it, and some patterns around it.
"Is there anything special about this?" After Li Er finished asking, he waved to Eunuch Gao, signaling to keep people away.
Wu Zhao first threw one in the water, and rubbed the other vigorously in his hand.Li Er also picked up one and rubbed it casually in his hand, almost tearing it up.
Wu Zhao was tired and gave the paper to Li Er.
"The paper has become soft, but it is not broken. The quality of this paper is really excellent." Li Er praised.
Wu Zhao took out a brand new card and looked at the light to Li Er, and there was a vague appearance of the main entrance of the steel factory inside.Take the old one again, although it has been scrunched up badly, you can still see the vague main entrance of the steel factory.
"Your Majesty, this thing cannot be faked. All the craftsmanship is at the special level in Yaozhou. Because this piece of paper represents coins, the value of this factory is ten guan, and it is likely to appreciate in value." Up to [-] Guan. Do you still remember the bank notes? This kind of paper will also be used in the future. As long as merchants travel far away, as long as they have a place in the Datang Bank, they can use this bank note to exchange for cash. All they need to do is send a telegram. Just go to the place where he changes bank notes and verify it!"
Li Er opened his mouth and said nothing.
Wu Zhao threw out another big weapon, another piece of paper with one hundred characters printed on it.
"Your Majesty, based on Li Yuanxing's reputation, this piece of paper is worth a hundred coins in the market, because it cannot be faked. Copper is not much in the first place, but now it is used too much everywhere. It is a pity to use it to make money. so……"
"Can this be used as money?"
"Your Majesty, do you know that bank notes are already being used by businesses with small amounts. As long as they can be exchanged for coins at the bank, the common people will not be afraid that these things are not worth money. Don't dare to say anything else. In the matter of coins , Li Yuanxing's face can be used as money?"
"Face!"
After Li Er repeated a sentence, he laughed loudly.
He believed what Wu Zhao said, and Li Yuanxing's face could really be used as money in terms of coins. No one in the Tang Dynasty would doubt Li Yuanxing's reputation on coins.
"Your Majesty, first take ten days. Let the common people know how to distinguish the authenticity of banknotes from the bank in the Datang Daily, so as to prepare for the issuance in ten days. This amount should not be too large. First, we will issue 1000 million banknotes in a year. With that mountain of silver behind it, I’m not afraid that the banknotes in the hands of the common people will not be exchanged for cash!”
Li Er only knows that the power plant uses too much copper, as long as it is related to electricity, it is basically copper.
Li Yuanxing and Wu Zhao did this because they wanted to save copper.
If the common people switch to coins, they will all be paid with silver coins.
But Li Er didn't know that banknotes are credit currencies, and how terrifying it would be if they were issued in vain.Wu Zhao didn't dare to say this, and Li Yuanxing would never say it either.
Just as they were talking, another row of lights came on in the square in front of the palace hall, and stones numbered with ink were placed on the open space one by one.Now even Empress Changsun came out from the harem. She also studied this rough stone and planned to choose one herself.
"Ladies first, fifteen minutes." A eunuch shouted.
"Mingyue, let's go to see the gambling stone."
The merchants who were listening to Eunuch Gao bragging about how miraculous the hall is also hurriedly confessed, and all gathered in the front block.
Naturally, men and women can't be confused and grab the stones in the stone push, the female guests pick first.
Soon, a eunuch shouted: "Princess Guangping County, Xuanshi No. 160, weighs eight catties and four taels. According to the market value of Chang'an gold price yesterday, round up! It's [-] three guan!"
Many people saw clearly that this lady, about 30 years old, took out a stack of papers from her sleeve.It was something similar to the checks of later generations. I only saw a stack full of thousands of pieces. It can be seen that this person really came here to fight for a piece of treasure.
There is a telegram next to it, and immediately send a telegram to ask the bank, and check the number on it and the name of the deposit.
"The dealer's ticket is correct. The receipt is one thousand guan, and one or two major silver coins are 160 and three." The eunuch shouted from the side, and there was someone from the bank next to him to record that this banknote had changed its owner.
"Will you drive it on the spot, or take it home and drive it!"
"It's here!" The princess of Guangping County said loudly. She bought a copy of Yu Zhen'er's stone identification tips through her relationship yesterday, and she also found out that the yield rate of these stones is as high as [-]%. The jade production rate reached nearly [-]%, and she didn't believe that her luck and vision were extremely poor.
Not only the jade craftsmen in the palace, but even the jade craftsmen in Chang'an City called dozens of people.
Regardless of whether it is done by hand or with a sander, there is the sound of intensive stone breaking under the shed in the distance. (To be continued.)
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