socalfunplaces Page 475
Page 475
Chapter 418 Benefits of Banks
Now what Cao Ang wants is to circulate paper money, so exchange is the most important thing. Naturally, those who save will be returned to them in the form of paper money.
Therefore, for the interest on the savings, Cao Ang set an annual interest rate of a little over one percent to less than two percent a year.
If the price is too high, then they will not spend the money and will save the money. If this is the case, the market will shrink a lot.
It is also a good way to use bank interest to slightly adjust people's consumption concepts.
Although the interest rate is only [-]% now, for these people, the round-trip fee for transporting metal coins is not a small expense, but storing them in Cao's Bank not only costs nothing, but can even make money. This kind of thing is simply good and can't be better!
Therefore, those who brought a lot of gold, silver and jewelry all chose to open accounts in Cao's Bank, and then deposited all the money they brought over.
They don't worry about the safety of money at all, because they have the title of King Wei and General, and the money can be transferred, which is the best of both worlds!
After the storage business was also carried out, the order of the scene became very clear.
After those people exchanged the banknotes, one by one, they all started to open accounts and deposit all the remaining gold, silver and jewelry.
The order returned to normal, and the speed response was also accelerated a lot.
With the full cooperation of everyone, the exchange of the banknotes was also over.
All the prepared banknotes were exchanged, and there was not a single one left!
As for saving money, after 200 million copper coins were deposited in Cao's Bank, there was also more than 1 taels of gold deposited in Cao's Bank, and almost [-] silver were deposited in Cao's Bank!
This situation simply stunned everyone present.
Those who are responsible for collecting money, where have they seen such a large amount of money?
It's just unbelievable.
The piles of copper coins and the gold and silver covered the table are simply eye-catching.
This is the situation on the first day. Not a while after the first day started, all the banknotes have been exchanged, and there are still a lot of deposits!
Such a situation is something that no one dared to think about before starting.
Some people who have not exchanged banknotes are still asking outside when they can exchange them again.
Under such circumstances, Cao Ang directly ordered someone to draw up a notice and posted it outside the Cao's Bank.
Because the procedures of Cao's bank, as well as the insurance measures, are the official documents of the court, and the legal constraints at that time, and they are supervised by the court, plus the image of Cao's father and son.
With so many conditions, it's hard to believe it or not!
The business of Cao's Bank on the first day of its opening has exceeded everyone's imagination, and let everyone see what a hot scene is.
For such a situation, not only were they excited, Cao Cao, who was dealing with affairs, also showed a shocked expression after hearing the news.
He Cao Cao was full of confidence in the issuance of this banknote, but when he heard the news about the crowds and crowds, Cao Cao opened his mouth wide in shock.
The emergence of the Cao's Bank has a meaning beyond the current era. The occurrence of such a situation in the current dynasty can be said to have directly surpassed everyone's imagination.
After Cao Cao heard the news, he was also very excited. For such a thing, he can be said to have been looking forward to it for a long time.
When he thought that his big bald head portrait was going to spread across the country, the corners of Cao Cao's mouth couldn't close.
His avatar spread across the country. Under such circumstances, there will be many people, whether they are people from the Central Plains, Han people or other nationalities. After seeing Cao Cao’s surrender, they will frantically pursue him. Happy things, the more I think about it, the happier I feel!
It can be said that Cao Ang's publication of new banknotes has a lot of benefits.
Not only did the money shortage get through perfectly, but it also increased the reputation of their Cao family during this move, and even under such circumstances, people in Huaxia knew Cao Cao, knew Cao Ang, and their reputation was greatly improved. develop!
More importantly, during the issuance of banknotes this time, the money the country earned from it was worth a year's tax plus other profits!
This move directly filled the country's treasury, and there was even a trend that surpassed history.
It can be said that Cao Cao was very excited about this. A thing that achieves multiple goals at one stroke cannot be more perfect. It seems that only Cao Ang can think of such a clever plan, right?
To be honest, Cao Cao's reaction was completely unstructured.
As a holder of power, are you already satisfied with such a small gain?
Such a thing was really shocking to Cao Cao, so he was very satisfied with the coins issued.
However, as the controller of the country, if such small profits are satisfied, wouldn't he be exhausted in the future?
The currency issued now is only a little, and there will be more in the future, so this situation is far from superb, not the peak!
This is just a manifestation of paper money, and the achievements of this currency reform are mainly concentrated on a little bit of this currency, but the banks created during the currency reform do not only have such values.
Although this bank is said to be used to issue currency, its value is far more than that.
Whether it is Cao Cao, Xun Yu, or the smart Guo Jia, they don't understand this situation very well. After all, they don't have a special understanding of this bank, so such things are quite normal.
If this is a war, whether it is Cao Cao, Xun Yu, or Guo Jia, they will definitely be very good at it.
Or in terms of government, strategy, and formation of troops, they are all top-notch existences.
However, in terms of economy and politics, they are simply weak compared to Cao Ang!
Cao Cao was very puzzled, and then asked Cao Ang humbly, wanting Cao Ang to tell them the value of it.
Seeing everyone's thirst for knowledge, Cao Ang explained with a smile: "The main function of this bank is to issue banknotes and store them!"
"You should know the status of the paper currency issuance, so I don't need to say more! The rest is the matter of storage!"
"The reason why this bank develops storage is the value. All people store money in the bank, so for us who control everyone's money, we can naturally control the direction of this money, and even more so, we can hit the money Do some high-return things, and use the money to control every move of the merchants, after all, their economic lifeline is already in our hands!"
Chapter 419 The Careful Cao Ang
After Cao Ang's explanation, Cao Cao, Xun Yu, Guo Jia and others also had a thoughtful look about the matter.
Although they didn't understand this matter too well, after listening to Cao Ang's words, they also felt that this bank is indeed quite powerful.
Looking at the expressions of the group of people, Cao Ang said again: "What's more, this bank is very profitable!"
"For example, for the copper coins, gold, silver and jewelry stored today, when we take them back, we charge a little more than one percent a year in interest, but we can use this sum of money as a year 5.00%, or even [-]% interest and then lend it out, in this case, we can get [-]% to [-]% interest from it!"
"Now no matter what industry it is, it is developing very fast, so for us who have mastered the lifeline of the economy, no matter what kind of industry it is, we can spend money to help them. Of course, the premise is to ensure that this industry has a future. !"
"As long as we invest money, it will be time for us to pay back when the project matures! Doing so will not only enable the rapid development of this society, but also allow us to earn more money. Why not do this? ?”
"..."
There are simply too many functions of this bank, and there are even more ways to make money.