socalfunplaces Chapter 330
Chapter 330
"That means that when I go out to do business, I need at least more than 30 two-horse carriages to transport copper coins.
Each carriage is filled with money boxes, and people have to be sent to protect them."
"Tsk~tsk~tsk...I'm so excited just thinking about that scene, as if I'm afraid that others don't know how rich I am."
Su Chen looked like he deserved a beating, and said it vividly.
Suddenly, Su Chen remembered that he had looted more than 6 million guan from the Wang family a long time ago, but why did he only have 40 or 50 carriages?
How strange!
"Damn, it's not that they are discounted by colored glaze, right?"
He had heard before that colored glaze from the Western Regions could easily cost thousands or even tens of thousands of taels of gold each.
Su Chen had never looked at the money.
Everyone looked at each other after hearing what Su Chen said, and no one had ever considered the problem Su Chen mentioned.
It's still the same sentence: Isn't this always the case?
"Boy, please explain yourself. Do you have a good idea to solve this problem?" Li Shimin picked up the card on the table again, frowning.
He seemed to have figured out something, but he was not too sure.
Now no one was laughing, only Su Chen had a smile on his face.
"Currency reform, gradually replace copper coins with paper money!"
Su Chen answered briefly.
"That's it?" Li Shimin asked, holding the card.
"Of course not, I can't take that responsibility." He took out the latest "cotton paper" from his arms.
"This is the new paper that was just developed a few days ago. It is not easy to crease or break." Su Chen handed the cotton paper to Li Shimin.
Those cotton papers were various denominations that Su Chen had already drawn, but Su Chen was not good at mixing colors and could only add water.
So Su Chen only likes sketching, and his god-level painting skills are not omnipotent.
Color paintings in the Tang Dynasty were already very popular, not just black and white.
Li Shimin took the paper and rubbed it in his hands for a few times. It was indeed slightly different from the white paper he had used before.
Looking at the denominations on the two pieces of cotton paper, Li Shimin was thoughtful.
Banknote denominations: denominations below 500 wen are the same as in later generations. There are also 1 guan, 2 guan, 5 guan, 10 guan, and 50 guan. For 50 guan and above, you need to bring your passbook to the bank to open a large-value bill.
Li Shimin thought quietly for a long time and asked, "Why are there so many types?"
"Your Majesty, think about how ordinary people trade on a daily basis. For example, to buy salt, you only need banknotes with a denomination of less than 100 wen, which makes it easier for merchants to change money."
Su Chen restrained his joking heart and answered seriously.
"Change money?"
Li Shimin said that he had never heard of this word. They never needed change when they spent money.
They were all copper coins of one wen, so there was no need for change.
"Yes, change. For example, if I use a fifty-cent note to buy six catties of salt, you need to give me twenty cents!" Su Chen gave an example.
Li Shimin nodded slightly, as if he understood a little.
"Why are there no denominations of one hundred or ten thousand guan?" Li Shimin asked again.
"For more than fifty guan, you need to go to the bank to open a bill."
"Bank?"
"Yes, doesn't it say on the note? Datang Royal Bank." Su Chen reminded.
"The bank prints this note?" Li Shimin was surprised.
"Of course not, the bank is the lifeblood of the entire Datang. How can it be just printing banknotes? What is the name of the department responsible for making copper coins now?"
"Mint Minting Bureau, Datang has six mints, you can learn more about it when you have time." After Li Shimin answered, he did not forget to remind him.
Su Chen nodded silently, he only knew four mints now.
"General Administration, Mint, Imperial College, eunuchs, what else?"
"Eunuch? I will abolish you, you ignorant man, now." Li Shimin rushed to Su Chen in a rage.
"Let's talk nicely, a gentleman talks, not fights!"
Su Chen quickly stood up and crossed his hands in front of his chest, ready to run away at any time.
"Su kid, the other three supervisors are: Du Shui Supervisor, Junqi Supervisor, and Shaofu Supervisor. The so-called Du Shui Supervisor is..." Changsun Wuji was closest to Su Chen, and hurriedly pretended to stop the fight.
"Du Shui Supervisor is in charge of water conservancy, right? Junqi Supervisor makes weapons? What does Shaofu Supervisor do?" Su Chen asked himself.
"Shaofu Supervisor is in charge of agriculture, mulberry, and handicrafts."
Changsun Wuji smiled slightly, it seems that Su Chen is not completely unaware.
"Humph, kid, continue talking about banks!" Li Shimin snorted coldly and returned to his seat with his sleeves swung.
Seeing Li Shimin sitting back in his seat, he bowed to Changsun Wuji and thanked him for saving him from a beating.
Then, Su Chen also sat down and talked about the bank and passbook in detail.
Su Chen spoke alone for more than ten minutes, and stopped talking to let everyone think and digest.
Until a few smart people understood it, Su Chen continued:
"The head office of the Tang Royal Bank was established in the palace,Each state is a branch, and sub-branches are set up in counties.
A passbook can be deposited and withdrawn in any bank in the Tang Dynasty.
The head office does not handle external business, but is only responsible for issuing banknotes and managing the accounts to calculate profits and losses every quarter. "
Profits and losses?
"Is the bank profitable?" Li Shimin was puzzled. When Su Chen introduced the bank before, he said that ordinary people would get interest every year if they deposited money in the bank.
The annual interest rate is 2%, and 3% for three years.
"Of course there is money to be made, and it is a lot of money to be made!" Su Chen answered with certainty.
He has not heard of any state-owned bank that loses money.
"There is interest for saving money, and there is interest for borrowing money, and the interest for borrowing money is higher than the interest for saving money.
The source of bank profits is not to earn interest rate differences.
Banks have a great role for the country, that is, to gather the wealth of the world in one, and the court can do whatever it wants.
There is no need to worry about the lack of money in the treasury.
Of course, the court can only use the bank's money to do things that benefit the country and the people.
For example, if we build another cement road next time, won't we have money? We won't need the aristocratic families to pay. "
After listening to this, Li Shimin felt his head buzzing.
If it is really as Su Chen said, why worry about the Turks not being destroyed?
However, Li Shimin was not completely stunned by Su Chen's big pie.
After thinking for a while, he asked: "Boy, let's not talk about other things for now. First of all, how can we make the people accept the worthless paper money and voluntarily deposit their money in the bank."
"If there is a problem, there will naturally be a way to solve the problem, although this requires a certain process.
However, I think the people will slowly accept the paper money and believe in the bank.
Because this is guaranteed by the national reputation of the Tang Dynasty.
Well, or it is guaranteed by your majesty. "
Li Shimin fell into deep thought again...
After a long time, his eyes revealed infinite determination, and he said: "How do you plan to implement it? "
Li Shimin had made up his mind. Since he believed in Su Chen, he would let him do it.
He wanted to see what the Tang Dynasty would become in the end.
At least everything Su Chen did at present was beneficial to their Li Tang royal family.
Seeing that Li Shimin seemed to agree to open a bank and issue banknotes, Su Chen took out some papers from his arms again.
"First, arrange an absolutely reliable supervisor to make the printing templates."
The dimensions were marked on the drawings of these templates.
Su Chen estimated that it would take at least two or three months to make all these templates.
There would be more than one set of templates for each denomination, so not many banknotes could be printed.
Unless the supervisor had the skills to cast molds.
"After the templates are made, we just have to wait for the cotton."
"This is the bank's rules and regulations I wrote, as well as the bank's operating manual for daily deposit and withdrawal business."
Su Chen handed all the information to Li Shimin and clapped his hands.
"All done. It's getting late, so I'll go back first.
Goodbye, everyone!"
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