Datang: My apprentice is Li Chengqian

Chapter 246 The Royal Bank of Datang
Seeing that the reform of the imperial examination has really started to be implemented, Qin Xiedao has a little more confidence in Li Shimin.

This emperor who can leave a strong mark in history is still worthy of his trust.

So after the end of the Spring Festival, Qin Xiedao took the rare initiative to come to the Datang Palace to discuss another important matter with Li Shimin.

"What are you talking about, you want to open a bank? What does a bank do?"

Li Shimin looked at Qin Xiedao in surprise.

This guy is really restless all day, he can really toss.

The key is that you can always come up with something different every time, so that people don't know what to say even if they want to object.

"Yes! Your Majesty, I feel that it is necessary to open a bank. In the Tang Dynasty, we have a cloth shop, a tea shop, and a salt shop. It is actually quite normal to have an extra bank now.

Your Majesty, you should be very clear that Kaiyuan Tongbao is mainly circulated in our Datang market.

For ordinary people, the appearance of Kaiyuan Tongbao has extraordinary significance.

It changed the chaotic situation of copper coins and currency value in the past, and made a lot of contributions to the prosperity of my Tang Dynasty.

However, after Kaiyuan Tongbao has been in operation to the present, there are still some problems that need to be solved.

Not to mention other things, Weichen Mansion alone sold houses in Weishui New City some time ago, and a yard cost 880 yuan.

If Kaiyuan Tongbao is used to pay, it means that more than 1000 catties of copper coins are needed to buy a house, and the latest four-wheeled carriage of the future needs to be pulled specially.

The sales office of Weishui New City is just outside the Datang Palace, which is quite convenient.

If the merchant is going from Chang'an City to Luoyang or Liangzhou and needs to purchase the corresponding amount of supplies, it will be very inconvenient to prepare so many copper coins. "

Qin Xiedao is going to take this opportunity to explain to Li Shimin.

The influence of the bank is very great, and the bank proposed by Qin Xiedao obviously needs to take into account the responsibilities of the central bank and commercial banks.

If Li Shimin cannot fully realize the benefits of the bank, even if he agrees with Qin Xiedao to open a bank now, he will probably change his mind under various impeachments.

So it's better to explain clearly this time, and then drag Li Shimin into the water.

In this way, Qin Xiedao has nothing to worry about.

As long as the Tang royal family does not fall, there is no need to worry about its own bank falling.

"What you said is indeed a problem, but before this, there has never been a situation where so many houses were sold in one go like Weishui New City.

Ordinary people go to the West Market to buy things, and it is considered good if they can spend a few tens of pennies.

Therefore, Kaiyuan Tongbao is basically enough for the common people. "

Li Shimin's words should represent the views of many people.

Datang's economy is not yet developed, and the demand for the circulation of coins is far from reaching its peak.

"Your Majesty, what you said is not wrong, but all walks of life in Datang are developing rapidly, whether it is the construction of various workshops or the establishment of various shops, there are obvious signs of commercial prosperity in Datang.

Taking this opportunity, the imperial court can impose a fixed tax of [-]% on all shops and workshops. In this way, the imperial court's tax revenue can definitely be greatly increased, and it can also block the objections of many censors.

The development of business will definitely mean more large transactions. At this time, it will definitely become very inconvenient to continue to use Kaiyuan Tongbao for transactions.

So Weichen has an idea that we can mint silver coins and gold coins.

One silver coin is equal to a penny, and one gold coin is equal to ten silver coins.

In addition, the bank can also issue bank notes, the face value of which can go up to [-] coins, and if necessary in the future, it can go up to [-] coins, or even [-] coins.

In this way, whether it is a large transaction or an ordinary transaction, it can be easily resolved. "

Qin Xiedao had long been unaccustomed to Datang's currency system.

When he went out, there was a pile of copper coins in the money bag.

It feels like I have brought a lot of money, but actually going to Yayi Court for a meal may not be enough.

In today's Kaiyuan Tongbao, a penny is roughly equivalent to a few dollars in later generations.

Purchasing power is actually relatively high.

An ordinary person's monthly income is only a hundred Wen.

"Silver coins and gold coins? You mean this bank you founded, which will issue silver coins, gold coins, and the silver notes you said?"

"That's right! Of course, the premise of this is the permission of His Majesty and the court.

After all, it involves minting coins and the financial stability of Datang. This must be a very critical thing, and it cannot be minted casually.

In addition, Weichen proposed that His Majesty's internal funds should account for [-]% of the shares in this bank, the household department should take [-]% of the shares, Weichen should take [-]% of the shares, and the remaining [-]% ​​should be used to absorb other merchants and nobles. "

Qin Xiedao did not expect that the bank he created would be solely owned by the Qin family, which is simply unrealistic.

Not to mention that Li Shimin is a wise emperor, no matter how stupid he is, he would not give the right to issue currency to a single family.

Besides, in addition to gold coins and silver coins, what kind of silver notes will this bank issue.

Although Li Shimin didn't know what a bank note was, just by hearing about it, he knew that it should be very critical and sensitive, and it was easy to cause trouble if he was not careful.

Such a bank must be in the hands of the imperial court.

Finance is a great weapon of the country, and it is a more practical and feasible plan for the royal family and the imperial court to control it and hand it over to the Qin family to operate it.

This kind of plan can also avoid various objections from the DPRK and China to the greatest extent.

Besides, didn't Qin Xiedao reserve [-]% of the members?
Obviously, these members are reserved for some influential nobles.

Although it may seem like a small group of people dividing up [-]%, but imagine the scale and business of this bank, and you will know that even a small number of people will make money every day in the future.

"Your plan, I think it is quite feasible. But what this bank will do, how it will operate, and what impact it will have on the court, I still don't know very well."

At this time, Li Shimin was still very humble.

If you don't understand, you can ask this point. Many emperors can't do it, but Li Shimin can do it now.

"Your Majesty, it's like this. Our bank is called Datang Royal Bank. In addition to the function of minting coins, it also has various businesses such as deposits, loans, exchange, and savings. Specifically..."

Qin Xiedao was very patient today, and explained to Li Shimin the operating model of Datang Royal Bank.

(End of this chapter)