The villain powerful minister pitted his tech house

Chapter 198

"There are many benefits, don't just look at the surface of things."

Song Shushu pushed Fu Xuan's body, "Let's assume that the bank is opened, do you think that the tens of millions of people in the Yu Kingdom can deposit and withdraw money together?"

Fu Xuan looked at Song Shushu thoughtfully.

"Do you know what it means for people to deposit their finances in the bank?" Song Shushu excitedly pulled over the small whiteboard he had placed in his bedroom, and wrote and drew on it with charcoal.
"It means that you will have the ability to temporarily use the overall national income.

There are a total of about 500 million people in Yu State. According to the current productivity, we assume that each person has [-] Wen in the bank.

How much is this? 15 billion.

Converted into silver, it is 150 million taels.

Not only that, as long as the people do not withdraw money on the same day, you can use the reserve system to regulate the amount of money within a controllable range and reduce the risk of the country's fiscal deficit. This is because banks can increase the amount of credit money. Physical currency cannot do this. "

Song Shushu will feel parched.

After taking a sip of water, he continued to popularize science for Fu Xuan.

"In addition to regulating the currency, banks can also make a profit.

Profit through lending, insurance, fund hedging, bill business, etc.Using the bank secrecy mechanism, you can even serve foreign wealthy businessmen and high-ranking officials. Do you know what this brings?Huge management fees lure other countries to commit crimes with high probability. "

The more Song Shushu said, the brighter Fu Xuan's eyes became.

The more excited, the calmer Fu Xuan became.

"There are still a few questions. Although banks can be used as credit currency issuance, what if there are too many coins than goods?"

Song Shushu: "The bank's ultimate reserve currency should be gold. Use the amount of gold reserves to convert how much credit currency can be issued."

Fu Xuan nodded, "Second question, what are the profit methods of lending, insurance, and fund hedging? We must know that the more deposits we get, the greater the interest we need to pay. These profit methods can guarantee that the profit is higher than that of giving Do you go out a lot?"

"I'll sort out loans, insurance, and fund hedging for you in a while. To establish a bank, you need a group of people who are sensitive to numbers to specialize in the level of saving money." Song Shushu said,

"I do it all by myself. Why do you support so many ministers with high salaries?"

Song Shushu casually said at this time, which established the fate of the officials of the Ministry of Civil Affairs who will be tired of working overtime and dogs every day in the next few years.

Fu Xuan felt that he had gained a lot by coming here.

Not only sighed again, what kind of big baby God gave him.

"Ai Fei is very good, what do you want? I can reward you."

Song Shushu glanced at him, "Don't call me love concubine love concubine, we two have a relationship of employment and being hired. There is no one here, so why pretend.

Another reward... Can you help me find more craftsmen and people who are proficient in planting?As far as people like Wang Xuqiang and Yue Qiulin are concerned, I'm not enough. "

Fu Xuan withdrew his arm silently, but at the same time he was helpless at Song Shushu's incomprehensible style.

Leaning closer to Song Shushu, he gently hooked her chin.

There was a seductive light in the long and narrow eyes, and the light brown pupils were full of the reflection of Song Shushu, coupled with his perfect appearance, he was impeccable.

"You don't want anything else? You are the only one in the harem, and I like you very much.

If you wish, this harem and Phoenix Seal..."

(End of this chapter)