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"That's right. I can see it. If you want to make a fortune, you have to build a factory. The things you produce are sold for money." Said Silk Councilor.
"This factory is not easy to open." A middle-aged man came over and said.
"It requires a lot of money. Without money, it can't work at all. People in Korea and Qin have banks. They can mortgage things to the bank. With money, they can do many things. But we don't have money. We Wei The country is such a good place, how come its development is worse than that of Koreans and Qin people. Now Qin people don’t fight with Zhao people. South Korea doesn’t bully them anymore. It’s time for Qin people to do business. You say, stop fighting, This country of Wei was originally a wealthy country, how could it be reduced to such a state." The middle-aged man said painfully.
"You don't need to ask. In my opinion, these are all the things done by that damn King Wei and that useless Zhang Er." Councilor Silk scolded.
"Tell me, when we councilors were elected, who chose this broken ear. The name is not good, Zhang Er, dirty ears, dirty ears." Silk Councilor scolded.
Hearing this, Zhang Er couldn't help scratching his ears.His ears were red when he heard it.
"You damn things, have you said enough?" At this moment, Chen Yu cursed loudly.
"You have no choice but to scold others. Why don't you think about sealing the judgment and blaming others, are you also incompetent?" Chen Yu scolded.
"What are you?" Senator Silk cursed loudly.
"You damn thing." As he spoke, Chen Yu rushed towards the other party.Then he punched the congressman in the face.Zhang Er only reacted at this time and pulled Chen Yu.
1931 Drain the air
"Okay. Just scold if others scold you." Zhang Er pulled Chen Yu away.Chen Yu ruthlessly gave the parliament member wearing silk a blow, and the other party didn't want to suffer a disadvantage, so he tore with Chen Yu. During the tearing process, Chen Yu actually measured off the other party's sleeves. Qin's blended fabric is strong, so the other party will be more annoyed, and the situation will be very chaotic. If Zhang Er insisted on pulling, Chen Yu would have beaten and disabled the other party.
"Can you bear such anger?" Chen Yu asked Zhang Er.
"Who made us the government, and if the government does not do well, we should accept the responsibilities of the parliament. Look at the people of Qin, they can scold the prime minister. Why not scold us," Zhang Er said.
"This one from Qin State, that one from Qin State, I think you're going to be called stupid." Chen Yu said dissatisfied.
"I don't care if I encounter such a thing again in the future." After speaking, Chen Yu left.As a member of the scholar class, Chen Yu thought that Zhang Er's actions were really a disservice to the dignity of scholars.
"Oh." Zhang Eryi said.
"Our situation is not as good as that of Qin State, and the whole Wei State has not improved, so there is no dignity at all." Zhang Er said helplessly.
Inside the Xianyang Palace.
"At present, Yan and Qi also need a lot of funds. Qin can only provide a large amount of commercial loans to meet these funds. Not only these countries, but in the near future, the needs of Chu may also be relatively large." Shang Wen Said to King Qin worriedly.
"In addition, there is the domestic demand of Qin State. In this way, Qin State needs to issue a large amount of banknotes. I am a little worried that excessive issuance of banknotes may cause excessive issuance of Qin State's banknotes, and the pressure of inflation will be huge." Shang Wen said of.
"Well, I do know something. The banknotes currently issued by the Qin State require a certain amount of gold reserves. However, I believe that the current gold reserves of the Qin State are greater than the sum of the six countries. There should be no problem with such an issuance, right?" King Qin asked at this time.
"This. I don't think you can be optimistic." Shang Wen replied.
"I also think that we can't be optimistic. At present, Qin State has obtained a large amount of gold through trade in the Western Regions. The import of these gold can increase the gold reserves for Qin State. However, the current level of economic development of Qin State requires the amount of banknotes. Far exceeds the current total value of gold. In fact, Qin State has issued a large number of paper money. If the gold reserve does not meet the requirements, in this way, the paper money issued by Qin State and the system that paper money has finally built will be It will cause a huge impact." Meng Yi worried about King Qin said.
"En." King Qin nodded.Regarding the advantages of the currency system, the King of Qin still knows a little bit, but only at the level of knowledge. The current Qin economists divide the currency system into three systems, the barter system, the metal currency system, and the paper currency system. At present, the state of Qin is a high-level banknote system, and this system requires strong government credit. This credit system will be an important basis for banknote issuance.To maintain the development of such a system, many factors need to be considered. In this way, King Qin felt a little powerless with the existing knowledge.
"The commercial development of all countries is in progress, but the commercial development of all countries without exception has a common shortcoming, that is, the lack of large and sufficient funds. If there are sufficient funds, then all problems can be solved. And On the one hand, Qin State will actively develop the local market, and on the other hand, Qin State will also carry out large-scale capital export, so that the scale of Qin State's capital expenditure will be unprecedentedly huge." Shang Wen continued.
"En. What do you mean? Tell me directly." King Qin couldn't understand at this time.He didn't know what kind of situation such a consequence would bring about, and how such a situation came about. These were not the objects of his own research. What King Qin knew was that he only needed to know one result.
"Qin will issue paper money excessively, causing inflation of paper money, that is to say, paper money will become less and less valuable." Shang Wen worriedly said to King Qin.
"Oh. So, one day in the future, Qin's banknotes will become flying all over the street?" King Qin asked Shang Wen.
"This hasn't deteriorated like that yet, and Qin's banknotes haven't deteriorated to that extent yet." Shang Wenye said.
"En. Then, I ask you, if something happens to this banknote in the future, will you have a seal?" King Qin asked at this time.
"En." Shang Wen calmed down and thought about it.
"Rise interest rates. Cage funds. In this case, it may be as scary as draining the air." Shang Wen said.
"Tell me in detail." Qin Wang waved his arm at this time to signal Shang Wen to continue.
"The situation is like this. Qin State needs a lot of banknotes and issues a lot of banknotes. After the banknotes are issued, it will cause the flood of Qin State banknotes. After all, funds will consciously develop towards the most profitable places. Banknotes will be concentrated when they come in. Where there is a need for banknotes, banknotes will continue to be needed. For example, steel companies need a lot of banknotes, and railways also need a lot of banknotes as start-up capital. These industries cannot make absolute profits. Or when the profit decreases, the capital will reduce the investment and gradually flow out, and if a large amount of funds appear in the market, it will cause prices to rise because there are more banknotes. The goods have not undergone fundamental changes.” Shang Wen explained road.
"At this time, will the paper currency be inflated?" King Qin asked.
"Yes." Shang Wen nodded, Qin Wang at least knows what inflation is, and the circulation of banknotes will increase a lot.At this time, the commodities did not change, but what changed was the amount of banknotes. For Zhao, Yan, Qi, and the developing Chu, the scale of banknotes far exceeded the needs of Qin.Faced with such a large-scale currency demand, Shangwen has to worry about such a dangerous idea that was put forward in the previous cabinet meeting.
"In the face of such a situation, the only way is to raise interest rates, tighten money supply, and collect the released funds at once. If this is the case, it will cause the capital exported by Qin to be collected at once. At that time , the situation of all countries will be very bad. A large amount of funds will be in the hands of Qin, but the countries will lack funds, which will cause severe social turmoil." Shangwen said worriedly.To be honest, this is the last situation that Shangwen wants to see, but it is an irreversible situation. Faced with such a consequence, Shangwen is very worried. Therefore, he has recently been considering whether to restrict lending.
"En." King Qin nodded.
"It's a bit like the vacuum experiment in Fusu's biology class. A mouse was kept in a sealed glass jar, and the air was sucked out little by little. In the end, the mouse was suffocated to death due to the lack of air, while Qin The capital of the country is equivalent to this air, and we have closed these enterprises in airtight glass jars." King Qin said.
"Yes, Your Majesty." Shangwen nodded.
"I remember that the prime minister said this before. At that time, I only vaguely understood some truths. I still didn't understand the specific situation at that time. But now, I understand." King Qin said at this time.
"Qin's capital is the air of the Six Kingdoms, and the Six Kingdoms without air is like a mouse closed in a sealed glass jar, which will be drained by Qin little by little," King Qin said.
"Yes, Your Majesty." Shang Wen just said so.Thinking of what happened later, Shangwen's back was soaked, even though it was still the end of winter.But Shangwen can still feel the chill.
"Increase the interest rate. The interest rate increase is a means to drain the air in the glass jar. It seems to me that Qin really needs to issue such a large scale of banknotes." King Qin said to Shang Wen.
"Your Majesty." Shangwen wanted to say something, but he didn't know what to say when the words came to his mouth.
"What's wrong?" King Qin looked at Shang Wen.
"Is there anything else I haven't noticed?" King Qin asked at this time.
"No, not anymore." Shang Wenyi said.
"I just think that the current release of these funds needs a process, and it can't be satisfied all at once." Shang Wen said.
"In addition, countries may reserve their own gold reserves. We must also pay attention to it. Only with a large amount of gold reserves can Qin State issue more banknotes today." Shang Wen said.
"En." King Qin nodded.
"That's right, I see, the release of funds is up to the Prime Minister himself to decide." King Qin said to Shang Wen.
"Yes, Your Majesty." Shangwen nodded.
"The widows believe that we should not see the results behind, we should see the results of the current and future development. You must know that these countries will not produce anything. Steel, they cannot produce it on a large scale, whether it is Steel rails, cement, and those high-rise buildings, they think that these things may not appear in another 100 years, but if our Qin State funds help them, these things will appear. These are already very important to them. It's a fair thing." Qin Wang seemed to be comforting Shang Wen, because Shang Wen had been absent-minded since just now.
"Yes, Your Majesty." Shangwen nodded mechanically.
"They may not have all these things. Qin State helped them do these things." Shang Wen said.
"From a historical point of view, although a major economic crisis may be triggered later, this is also a hurdle that must go through development." Shangwen said.
"En." King Qin just nodded.But Shangwen thought of the Great Depression period, and Shangwen had read the materials of that period.As a result, the impact was no less than World War II.This means that without a large-scale war in the future, a Great Depression can be caused.Naofumi didn't know how the Great Depression would come and what the world would be like when it came.Shangwen felt a chill in his heart.
"What's wrong?" Meng Yi looked at Shang Wen and asked.
20demayo