Baidu otaku as Chongzhen

Chapter 117: Usury ([-])
"Report to Your Majesty, the sinner did take the silver from the palace and put usury outside." Li Weiren didn't know why, the emperor must ask him about the usury.Isn't it my sin to ask?Thinking about it again, there is no need to ask about my crimes. I have been on the guillotine once, and I still need the emperor to personally judge me?The emperor killed a eunuch, who would care about this?

"I'm not asking you this, I'm asking you, what is usury and how is it released? Who is it given to? How big is it? How much money can it make?" Yang Reform directly asked the most core thing, this usury Whether it makes money or not, if it makes money, why don't you take out the millions of taels of silver in your inner treasury and put it in the inner treasury to oxidize?
"Reporting to Your Majesty, usury is usury. How do you release it?... For example, slaves give ten slings of money for a period of one month, with interest at two cents per month. The total principal and interest for one month is ten slings and two hundred Wen. Divided by 340 days, the daily repayment of principal and interest is [-] Wen..." When it comes to lending loan sharks, Li Weiren speaks very neatly, and is quite familiar with the method of releasing loan sharks.It is very straightforward to explain how to put usury.

"Wait...wait for me to make a total calculation..." Li Weiren spoke quickly, and Yang Reform couldn't keep up with the rhythm for a while, so he wrote and drew on the paper with a bamboo tube pen.

Ten hanging money, how much is it?One thousand Wen or ten taels of silver?Ten hangs and two hundred coins, divided by one 30 days, will pay back 340 coins with interest every day. Baiwen.Yang Reform quickly calculated the usury algorithm on paper.It was discovered that the interest rate of only two cents is not considered a high usury. In later generations, interest rates of three cents and five cents are very common, and interest rates of ten cents have also been seen.

Yang Reform found that this usury was very similar to the mortgages of later generations of banks, but the daily repayment was changed to monthly repayment.Cursing secretly in my heart, it's not a good thing.I also have a new understanding of this mortgage.This mortgage means exposing your skin on time.The difference between usury and loan sharks is that loan sharks expose your skin on a daily basis, while banks in later generations will expose your skin on a monthly basis.

Fortunately for Yang Reform, he came here to be the emperor of the Ming Dynasty. He didn't need to buy a house or a car, and he didn't need to borrow money from the bank, let alone be extorted by the bank on time.But then I thought, in this Ming Dynasty, God is more powerful than the bank. Although it does not prevent you from repaying the loan in time, once you are unable to repay the loan, it will directly send someone to demolish your home, which is ten thousand times more terrifying than the bank.

……

"Two cents interest, isn't it very high!" Yang Reform is in the later generations. It is not uncommon to see usury in mahjong parlors. Two cents interest is really not high.

Li Weiren was also curious, did the emperor know how to lend usury?This two-point interest rate is indeed not high. I just use the two-point interest rate as a metaphor for the convenience of explanation. Immediately, I admire the emperor even more, and said: "Your Majesty, the two-point interest rate is indeed not high. Only good ones get two points, usually three points, five points mostly, and eight points as well."

"Oh! I understand, so who did you let go of all the talk?" Yang Reform himself planned to release usury, of course he had to find out the customer group first.

"Reporting to Your Majesty, loan sharks are generally given to those who are in urgent need of money. The best ones are the sons of officials and officials, followed by businessmen and landlords. Among them, those from poor families are the best, and finally gamblers..."

"Explain in detail."

Li Weiren also shared his own experience in lending loan sharks to the emperor: "My Majesty, the best way to release loan sharks is to choose the children of officials and eunuchs. These people have money and good face, and generally they will not default. , Among them, it is better for this family to be in the middle of nowhere. As the saying goes, a starved camel is bigger than a horse, and they can usually pay back the money without getting into trouble. It is also a better choice. Then there are businessmen, which are more risky. For example, if the ship capsizes to do business across the sea, they will lose everything, but the amount of borrowing is large, and the interest rate is high enough. If luck is the most profitable, landlords are safer, but landlords generally do not borrow usury. I will release it by myself, and in the end I will release it to those gamblers. This release is fast, and the speed of collecting money is also fast, but I am most afraid that I will not receive money. People who have no ability dare not release it to gamblers..."

Yang Reform thought it was interesting to listen to it, and this put usury and returned it to others for grading.It seems to be quite "professional".Children of officials and eunuchs borrow usury?This, it seems not difficult to understand, "Dream of Red Mansions" writes about this kind of thing.

It's easy to understand that this businessman borrowed money to do business, crossing the ocean?Hmm, kind of interesting.Isn't the court banning the sea now?Why are there still people going overseas to do business?Although I knew that the bureaucratic and landlord class was engaged in smuggling, I never thought that the profits would be so large that they dared to borrow usury for shipping.

"Li Weiren, are you saying that other people borrow usury to do business across the ocean? Did I hear you right?" The interest on this usury is high enough that some people dare to borrow usury to travel across the sea. What does this mean?It shows that the profit of this shipping is extraordinarily large, and usury is nothing in front of him.However, the officials of the imperial court did not allow the emperor to open the sea ban, and the emperor was not allowed to collect customs duties.After Yang Reform heard this, the anger in his heart flared up again, cutting off people's wealth, like killing their parents. MB, scold the guy next door.

"... Your Majesty, it is indeed the case. I have heard that in the southern Jiangsu and Zhejiang areas, it is very cost-effective to lend money to maritime merchants. The profits are extremely rich, and of course the risk is also high. However, the slaves here are for marine merchants. Not many, slaves don’t know much about maritime affairs, and they are mainly released to the children of officials and officials, gamblers..." Li Weiren answered every question, and he had no scruples since he had died once.

There are not many other things in this capital, that is, there are many officials. It is easier to understand the loan sharks to these officials' children. Yang Reform just took a fancy to this. As for the money, I didn't expect Li Weiren to tell another scene, the South gave usury to the sea merchants, and got richer.This chain of interests hidden in the mist was inadvertently revealed to Li Weiren.

In Yang Reform's heart, it was like several cat's claws were scratching.At the same time, I hate it so much that you are all doing smuggling, but you are not allowed to collect customs duties, and you want to ban the sea.It seems that this business at sea can't be done without meddling. This navy will take shape as soon as possible!To speed up ah!Yang Reform was furious, wishing he could immediately send a fleet to deal with those smugglers.Then he would do business by himself, wouldn't he have as much money as he wanted.

"What's the scale? How big is it?" Furious, Yang Reform wanted to send someone to copy the homes of wealthy businessmen in the south.

"Reporting to Your Majesty, slaves are not the most released. In the boundary of the capital, it is above the middle level. There are many families in the capital who have backgrounds. Like slaves, one year It's only 2 taels of silver, which is not too much..." Li Weiren, an insider in the industry, broke the inside story of the industry, which is quite impressive.

The water for loan sharks is not so deep.The scale of tens of thousands of taels is still medium. If it gets bigger, wouldn’t it take 10,000+ taels, or hundreds of thousands of taels to be called large-scale?Yang Reform thought to himself, although the millions of taels in his internal funds are all to be sent to others, but there is a time difference, and the money that can be released, three or four million taels, is no problem. Who dares to owe money to oneself?Is Jin Yiwei a vegetarian?Who still has my cow B?

This usury, the speed at which money generates money is quite fast.Rolling profit, is the donkey rolling for nothing?Yang Reform swallowed a few mouthfuls of saliva in his heart.I can't wait to find people all over the world to put loan sharks now.

"Then according to your estimate, how big is the scale of usury in this capital city?" Unifying the capital usury is the temporary goal of Yang Reform. If this money is not earned, it will be struck by lightning.The biggest backstage of the Ming Dynasty - the emperor, the best collection organization of the Ming Dynasty - Jinyiwei.In this Ming Dynasty, who would dare not pay back the money?
"Your Majesty, according to my servant's estimate, there is still a capital city of one million and one hundred thousand, but it is not large. It is said that in the southern Jiangsu and Zhejiang areas, there are more loan sharks, and the amount of loan sharks is also large. It is said that there are seas. Businessmen borrow 10,000+ taels at a time, and there are many people who are tens of thousands of taels..." Industry insiders revealed the inside story of the industry, which was really shocking.

"Cuckoo...haha, good, good! Li Weiren, tell me what else you know." Yang Reform swallowed a few mouthfuls of saliva, and became interested. Putting loan sharks is indeed a promising thing. This matter must be implemented as soon as possible, and the money in the internal treasury must be released as soon as possible. Money makes money. I also hope that Li Weiren will reveal more inside stories about the industry.

"Reporting to Your Majesty, the servant did not release the loan sharks alone. There are other people in the palace who released the loan sharks together with the servant. I can’t take it back.” Li Weiren was willing to go all out, anyway, he was a person who had been on the guillotine once, so he was not afraid of anything, and shook out everything that could be shaken out.

Li Weiren really exploded enough that even his colleagues exploded together. In fact, Li Weiren was taking the opportunity to retaliate. If Wang Chengen could find out that he had put usury, it was because someone had informed him. Otherwise, Wang Chengen would just watch it Can you find someone stealing money by looking at the accounts and treasury?Can you still find him lending loan sharks?So, now is revenge.He, Li Weiren, is having a hard time, and neither should others.

A litter of mice?The unknown fire in Yang Reform's heart is getting bigger and bigger.This palace of mine has become a nest of rats.Let’s not talk about usury, let’s organize a group to release usury.

(End of this chapter)