Yipin Tang

Chapter 154
There are many ways for banks to make money, but the most important way is loan interest. If you just lend your own money, the bank's income may not even be one ten-thousandth of what it is now.

"The best way to make money is to use other people's money to make money for yourself."

Li Er was obviously very interested in what Wang Xiang said: "How to use other people's money to make money for yourself?"

Wang Xiang smiled and said, "This is about the bank."

"The bank not only lends money, but also attracts people to save money. This is what I said is the most profitable business in the world."

Hearing the most profitable business in the world, Li Er's eyes lit up and his eyes were burning. After careful consideration of what Wang Xiang said earlier, he found it very convincing. Now he is more and more confident in the business of the bank.

"Why do you want to attract people to save money, and why do people want to save money? Let's talk about it in detail!" He had already vaguely guessed Wang Xiang's plan.

"Your Majesty is worried that there is not enough money to lend to the people of the world, but if all the money of the people in the world is in His Majesty's hands..." Wang Xiang chuckled.

Li Er understands that this is the reason to attract people to save money, but why do people want to deposit their money in banks?
Facing Li Er's question, Wang Xiang said calmly: "Let's not talk about ordinary people, let's talk about the businessmen of Tang Dynasty. After all, they only have a lot of spare money."

Li Er nodded, regardless of the low status of the merchants, the real rich merchants are even richer than some aristocratic families, and the word "wealthy" is often used to describe those wealthy merchants.

"Businessmen often go back and forth to various places for business, and they need a huge amount of money. It is inconvenient and unsafe to carry such a huge amount of money. Take Yangzhou merchants as an example. It is a long way from Yangzhou to Chang'an, and it is natural to carry a lot of money along the way. It’s a reminder. If Your Majesty has separate banks in Yangzhou and Chang’an, then Yangzhou businessmen who come to Chang’an to do business can first deposit money in the bank in Yangzhou. The bank will charge some storage fees and then issue a deposit certificate. Merchants only need to come to Chang'an with a deposit certificate, and when they need to use the money, they can use the deposit certificate issued by the Yangzhou bank to retrieve their money from the bank in Chang'an. Does your Majesty think this is more convenient and more convenient for them? Is it safe?"

Li Er had never thought that things could be done this way, and suddenly he felt enlightened, and nodded to Wang Xiang to continue talking.

Wang Xiang swallowed his saliva and continued: "Furthermore, in fact, many people don't need a lot of money on weekdays. The money that is temporarily unused is kept at home to occupy space, and if it encounters robbers, it will be a big deal." Loss, but if they store their money in a bank, they don’t have to worry about these troubles, they only need to keep the deposit certificate, and when they need money, they can use the deposit certificate to go to any bank to exchange for cash at any time, what does your majesty think?”

At this time, Li Er basically understood the meaning of the bank, but he still had doubts: "I'm afraid the common people won't believe in depositing money in the bank so easily, right?"

Wang Xiang smiled slightly and said, "Of course the common people would not believe it easily if it was a bank run by someone else, but it would be different if it was a bank run by His Majesty or the imperial court. Try it, as long as someone tries it, everything will be fine, it will happen naturally."

"Yeah." Li Er nodded and was silent for a moment.

"I understand your plan. You intend to lend the money that the people have deposited in the bank to other people, so that you can use other people's money to make money for yourself, but if you borrow the money and the people who save the money want to come How about withdrawing money?"

"Haha, someone borrows money and someone pays it back, someone withdraws money and someone deposits it, and the cycle goes on and on. Money comes and goes, and it's the bank."

Li Er's brows finally relaxed, he took a sip of his wine and asked, "What if no common people are willing to try?"

Seeing Li Er's expression, Wang Xiang knew that he must have thought of a countermeasure, and said with a smile, "I am also a commoner. If your majesty opens money, Zhuang Chen will be the first to save money."

"Haha, I'm waiting for you to be the first to save money!"

Don't underestimate the wisdom of the ancients, especially the powerful ancients. There are many other problems in opening a bank. Even Wang Xiang didn't consider many problems, but Li Er pointed them out one by one and had solutions. Xiang couldn't help feeling that if he didn't have the knowledge of future generations, he really wouldn't have much to show for it.

There is no rush in the matter of the bank, there are too many things that need to be carefully planned, these are not things that Wang Xiang is good at, he only mentioned one point, it is a felony for anyone other than the imperial court to run a bank privately!
At first, Li Er thought that Wang Xiang was worried about others competing for profit, but after listening to his explanation, he realized that the meaning of the bank was not as simple as making money.

"Isn't Your Majesty worried that the aristocratic family has become a hidden danger of chaos in the country? As long as the imperial court's money bank rises, these problems will disappear. Even if they want to disrupt the country, they will not be able to cause chaos."

"Oh? What's the point?" Li Er's eyes showed a bright light, he cared more about the stability of the Tang Dynasty than making money.

Wang Xiang spread his hands and made a weird expression: "All the money of the people in the world is stored in His Majesty's bank, who would have trouble with their own money..."

"Hahaha!"

Li Er's laughter was so loud that even the guards outside the Taiji Hall could hear Li Er's laughter, and they all showed envy. There is probably no one else who can make His Majesty laugh so heartily except Marquis Jiayuan.

Wang Xiang's suggestion won Li Er's heart, and the people will naturally stand on whose side the people's money is in.Similarly, if the bank is in the hands of the aristocratic family, it will be a fatal blow to Li Er, so if someone runs the bank privately, he will never be soft!

"After talking about it for a long time, the food is cold. Let someone replace it with a table of wine and food. We, the monarch and his ministers, have a good meal." Li Er's mood is really good, thinking that all the money of the people in the world will be deposited in his own bank He couldn't help but be excited, when the time came, no family would be a concern.

I ate and drank with Li Er, and Wang Xiang was already staggering when he left the palace. Li Er was fond of wine, so he drank more when he was happy. In addition, what he drank was high-grade wine like the super-grade Nurhong, so Wang Xiang's capacity for alcohol was average. , It's not surprising that he went out of the palace drunk.

After returning home, he lay down and went to sleep. Wu Shun even helped him take off his clothes. The corners of his mouth curled up when he fell asleep. He was obviously very happy. The [-]% income of the bank is definitely not comparable to other businesses. This is equivalent to owning [-]% of the net profit of all the banks in the future, and I am happy when I am drunk.

After Wang Xiang left the palace, Li Er couldn't wait to go to the Lizheng Hall. He felt that it was not appropriate to discuss the matter of the bank with anyone. Empress Changsun was Li Er's most trusted person and she had a delicate mind.

Although the bank is run in the name of the imperial court, it is actually Li Er's private property, and the proceeds are also going into Li Er's internal treasury instead of the national treasury. There is a big difference. This is also Wang Xiang's proposal, and Li Er deeply agrees .

(End of this chapter)