reborn super empire

Chapter 547: Buying Treasury Bonds

Su Dao didn't want foreign countries to have too many national debts of the Chinese Empire, and for an imperial country, it was completely different from the Western constitutional monarchy. The centralized power centered on the emperor had a lot of power in his hands.

In other words, in such a country, as long as there are no major changes, such as military changes, large-scale coups, etc., basically there will be no problems.

Because many citizens of this country believe in their emperor, the emperor has supreme power in this country, and no one will oppose it.

It is reasonable to say that there may be some various problems in the later generations of emperors, but it is absolutely impossible for Su Dao, because Su Dao established the Chinese Empire by himself and pushed the status of the Chinese to the top. to the top of the world.

It can even be said that as long as Su Dao is willing and only needs a word from him, there will be countless people across the country willing to spend their own money to help the country tide over the difficulties.

Although this method is similar to national debt, its nature is different. National debt is a subscription type, but this is a donation type. One is repaid and the other is not.

However, there was a contradiction in Su Dao's heart, that was, he would rather rob other countries' money, even a poor man's money in a foreign country, than occupy a penny of his own nationals.

This can be seen from the three-year tax-free policy when the country was first established. If Su Dao wanted to make money in the country, he could start collecting taxes from the second year, or as soon as the country was established.

After all, taxation is the foundation of a country, how much money will be lost if it is not collected for a year?Many countries are supported by taxes, or even all of them.It can be said that a country that can support itself for three years without taxation is a miracle in the world.

And it's still a time of war.In an era where money is needed everywhere, according to information.At this time, the United Kingdom has already raised its tax points, and even the British who have colonies all over the world can hardly support it, let alone the Chinese Empire that is blooming everywhere in the world?

There is money in the bank, public assets belonging to the state, and private personal deposits. It is not impossible to embezzle it, but once this opening is opened, such things will happen countless times in the future.For a long time, it has also caused certain harm to the development of the country.

The Imperial Bank, the largest and only state-owned bank in the Chinese Empire, has been in business for two years, and hundreds of millions of funds pass through the accounts of the Imperial Bank every day, and deposits have reached more than 100 billion.

In later generations, more than 100 billion is less than the total assets of a large enterprise, but now.This more than 1000 billion can fully support the basic development of a medium-sized country for several years.

If all this money is pulled over, the Chinese Empire will not have to worry about financial problems for at least two years, plus taxation will start next year, if it goes well.This vacancy can be filled within a year or two.

We must know that the policy of tax exemption for three years has played a little role. This has given many domestic private companies a lot of room for development because there are no tax restrictions.They can spend more money on investment.

For now, there are hundreds of companies with assets exceeding [-] million.There are thousands of houses with more than ten million.And this number is also growing rapidly with the passage of time.

If it works properly.Coupled with the policy counterparts, the government can get at least 50 billion in taxes every year just from hundreds of companies with assets exceeding [-] million.

This is not a heavy tax. Now that the Chinese empire is developing everywhere, if a company has a working capital of [-] million yuan, as long as it operates properly, it can definitely earn more than [-] million yuan in revenue within a year.

And now the commercial competition in the Chinese Empire is not too fierce. Many industries have high demand and few suppliers, and all factory orders are postponed for several months or even longer. In such a situation, Once taxes start, will there still be a shortage of money?

"Comrade, I have a fixed deposit for five years."

A man about 50 to 2 years old and a woman about the same age sat on a chair in front of the counter of the Imperial Bank and stuffed [-] yuan in his hand.

2 yuan, for an ordinary family, this is undoubtedly a huge sum of money, 2 yuan, what can you do in the Chinese Empire?

The answer is simple. For 1 yuan, you can buy 7 catties of wheat. If it is white flour, it is about 1 catties. If a person calculates as two catties of flour a day, then this 95 yuan can make him It is guaranteed that within the next [-] years, two catties of white flour will be provided every day.

It can make a five-person family not have to worry about the food problem for nearly 20 years, and in the Chinese Empire, the [-]-yuan households are similar to the Huaxia of later generations, and they all belong to the ranks of the rich.

But here, there is a very strange phenomenon. Except for businessmen, more than 90.00% of the [-]-yuan households must have one person who is a soldier, and these military families, once they become [-]-yuan households, there are only two possible.

One is to be promoted in the army, and the official position must be above the major, and the promotion time is more than two years, then in these two years, an officer's normal military salary can save almost 8000 yuan; It is the soldiers who die in battle that make the family into the ranks of the rich through high pensions.

Of course, the Chinese Empire also has clear regulations on pensions. Pensions are divided into two aspects, and these two aspects must be implemented. If the soldiers or officers who died in battle had children, the local governments will give these orphans a living allowance of five yuan per month before they reach their full age.

The subsidy is paid until the day of the birthday. On one day, if either of the parents of the dead soldier is over 55 years old, the government will issue a living allowance of five yuan per month. If there are only two parents left in the family and no other children, then this allowance can be used. However, local governments must fully take over the daily life of the elderly.

That is to say, they are placed in nursing homes, where they are taken care of by unified nurses, and at the same time, they are jointly funded by the central and provincial finances until they die.

"Grandpa, the country just started issuing national bonds today, and the longest period is five years, and the interest is almost a point higher than the five-year term. Do you want to consider using this money to buy national bonds?"

The bank teller looked at the wad of money handed over by the man. The teller who greeted the money all the year round could tell at a glance that it should be 1 yuan.

And for this kind of situation, they are not uncommon, and they all know how the money came from, so when receiving these depositors, the tellers also maintain a respectful attitude, and will not say that it is because of who If you don't dress well, you will look down on each other.

"National debt? What is this? Little girl, tell me, the old man has never been to school, and his education level is not high."

The man called himself an old man, and looked at the little girl at the counter with a gloomy expression on his face.

Although he is rich, he can't be happy now. Indeed, as the bank teller imagined, he has three sons and two daughters. The eldest son has married and has a child. But after immigrating to the Chinese Empire, I think the salary of the army is high, it can support a family of nine people, and the money earned by other people can be saved as a deposit.

But a month ago, he received the bad news that his son died in battle on the Soviet battlefield, until the officers of the Armed Forces found his home and asked whether the body should be buried in the Soviet Union, or sent back to the country to be placed in the domestic martyrs When he was in the cemetery, he couldn't believe it was real.

Although buried in the martyr's cemetery in the Soviet Union, he can get another additional allowance, that is, the cost saved, and the state will provide part of the subsidy to the family.

But he still chose to bury his son in the country, not because he thought the money was too little, but because he wanted to see the dead and the dead.

In the end, the facts were the facts. When he saw his son's body, his eyes couldn't hold back any longer, and two lines of tears rolled down his cheeks. The old man didn't even dare to tell him that his father was dead to his grandson who was less than three years old.

And the 2 yuan is the son's pension. Regarding this money, the old couple didn't plan to touch it, and they were afraid that the money would be stolen at home or be missed by the other two sons, so they decided to deposit it in the bank. , When the grandson grows up, use it to marry him a wife.

"This is a kind of debt issued by the state. To put it bluntly, it means that when the state's money is not enough, it will issue a batch of national bonds. After you buy the national bonds, the state can use the money. Of course, In return, the interest rate on the government bonds issued by the state is higher than that of the bank's fixed-term bonds, so the interest rate on the five-year government bonds is six points, which is [-] points more than that of the five-year fixed-term bonds.

In other words, if you buy government bonds, the interest you get every year will be nearly 200 yuan more than the regular one. "

The bank teller explained carefully.

"What's the difference then?"

The old man asked a little puzzled, the bank is run by the state, and it is not easy for the state to use the money they deposited, it just needs to be paid back before the money expires, who would know if there is no movement in the middle?

"The difference is huge. In our country, personal deposits are protected by law. Even His Majesty himself would not dare to embezzle the money for other purposes without the authorization of the depositor. And the deposits you have deposited Regularly, it is mainly operated by the bank, and the interest given to you is also the profit of the bank after the successful operation.

Of course, if the operation fails, the bank needs to take profits from other investments to fill this vacancy, so if it is regular, even if the bank fails, it will not affect your principal. "

The teller continued to explain. Although many details were not explained, the general meaning can still be understood.

It's a waste of saliva to talk about the details of an old man with low education, and they don't need to know too much, they just need to know where the money was spent, how it was spent, and how their interest came from That's it.

"Oh, then buy it for five years, anyway, it's the son's hard-working money, and save it for ten years to save for the grandson's wedding."

After the old man understood, he directly chose to buy government bonds. (To be continued..)

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