Chapter 119: Demonic Tide Crisis, Divine Purification!(2/2)
Mia obviously understands Tang Jing's thoughts very well.
"Not only that, considering the outbreak of the demonic tide, for safety reasons, various elven tribes will also be happy to deposit part of their gold coins in Chang'an Bank to ensure the safety of funds."
The elven tribe that was infected by the demonic tide failed to take away many gold coins.
"That's great."
Tang Jing was very satisfied with the exchange terms offered by Mia.
As Chang'an's economic activities become more prosperous, in order to maintain the liquidity of market funds, Tang Jing once again injected 250,000 gold coins into Chang'an Bank not long ago.
Since its establishment, Chang'an Bank has invested a total of 700,000 gold coins.
Although most of these funds are still circulating within Chang'an, in fact, they occupy the personal funds that Tang Jing can use.
future.
As economic activities continue to be active, capital must be continuously injected into banks.
to maintain liquidity.
If Chang'an has the right to issue currency, it doesn't matter. The larger the economy, in order to maintain market liquidity, it can just print money.
The problem is no.
In this case, it is a good choice for the territory to issue various bills, such as food stamps, meat stamps, cloth stamps, etc., to replace wages and expand internal liquidity.
It is equivalent to issuing currency in disguise.
Suiye County, which has been promoted to a county seat, adopts a bill system.
However, the bill system is an anti-market system after all, and the transaction convenience is insufficient. As long as it can be maintained, there is no need for Changan to go back.
Same thing.
If Chang'an Bank can absorb deposits from outside, it can actually increase market liquidity in disguise.
Instead of having to dig into Tang Jing's pocket.
For example, if Chang'an Bank issued a loan of 300,000 gold coins to merchants, it could absorb deposits of 300,000 gold coins from outside, and it would be possible to live comfortably even with the interest rate difference.
It is equivalent to "introducing foreign investment" in reality.
Given how wealthy the elves and dwarves are, even if they just use part of their savings to deposit millions of gold coins in Chang'an Bank, isn't that just like playing games?
It saved Tang Jing money in disguise.
Chapter completed!