When Sheng Zhang received Cai Jing's order and hurriedly sent Xiangbing troops to various branches of Jingdong Bank in Kaifeng Prefecture to maintain order, the smashing incident caused by the money-induced plunge has begun to ferment!

The rumors of "sealing" began to spread among the circles of wealthy businessmen and nobles in Kaifeng Prefecture.

This is not a joke!

Once the government seals off the seal, it doesn’t know when it will be unblocked, and maybe it will never be unblocked. Wouldn’t the money that everyone earned or embezzled?

It’s better to ask for confidence!

In addition, JD.com is a large bank that the imperial court takes great care of, so it has excellent credibility and sufficient capital, so it also plays the role of "bank of the bank".

All small and medium-sized financial institutions in Kaifeng Prefecture and Southeast Shangshi City have opened accounts at JD Bank. Settlement between financial institutions is also carried out through JD Bank.

Once the Jingdong Business is seized, the financial industries of Kaifeng Prefecture and Southeast Commercial City will be frozen.

There will be many other financial institutions, such as the database, the quality database, the longevity database, the gold, silver and silk store, and the following will go bankrupt.

This is a financial crisis that swept the richest economic center of the Song Dynasty!

In order to avoid the crisis from affecting itself, everyone hopes to withdraw the money before JD Bank is seized. Although for many small warehouses, small quality warehouses, and small gold, silver and silk transfer shops, their crisis is much more serious than JD Bank - in order to obtain interest rate spreads, they also purchased a lot of money to attract!

Therefore, the crisis caused by the money-induced plunge is destined to be inevitable. However, JD.com is the least likely one to go bankrupt among all financial institutions involved in the money-induced crisis.

Because JD.com is the biggest beneficiary and maker of this financial scam.

"Don't worry, the small diary has a way to stabilize the market of JD Bank... and will never let any depositor lose their principal. Whether they deposit silver, copper coins or money, the bank can repay them in full and pay interest as agreed."

That night, in a very secret study room in Cai Jing's mansion, he was patting his chest to make a guarantee, Ji Kui, the initiator of the financial crisis.

He now looks like a victim, with gauze wrapped around his head, and two maids are supporting him, standing respectfully opposite Cai Jing.

Although JD.com is too big to investigate, Ji Kui is still serious about performing a bitter plan.

Cai Jing looked at him skeptically.

Qian Yin is indeed very promising, and Cai Jing understands this very well.

The money sent out in recent years has exceeded 100 million! And it is only sent but not collected. In theory, money sent is a collection coupon for the government's specialized materials. If the goods are picked up, the coupon will naturally be destroyed.

However, the imperial court under Cai Jing's presidency never destroyed the money. The money collected through the salt, iron, tea and wine business in various places was deposited into Jingdong Bank, becoming a reserve fund in the Taifu Temple account that can be used at any time.

When the money ignition is only issued but not collected, it is normal that the amount of money ignition is greater than that of salt and iron tea wine. Originally, there were high housing prices in Kaifeng Prefecture to lock in the money ignition, and it was not a problem to issue 20 million yuan a year.

But now the housing prices in Kaifeng Prefecture fell due to the change on May 4th last year, and fell by 25% in a short period of time.

Moreover, the market sales are not good, so the demand for money attracted by real estate has dropped significantly.

Therefore, it is not surprising that the price of money induced declines to a certain extent. However, Cai Jing firmly believes that JD.com, controlled by the Ji family, has a way to maintain the value of money induced basically unchanged. Therefore, he did not care too much about the trend of money induced... Unexpectedly, he would mess it up if he was not careful!

But Cai Jing still doesn't believe that the Pingjiang Ji family is also a victim.

Cai Jing looked at Ji Kui who was performing and said coldly: "Who is doing something bad this time?"

"This..." Ji Kui sighed after hearing this, "Taishou, isn't this obvious? How can we plot against our Song Dynasty? Who else besides Zhou State?"

Wu Haogu has become an innocent scapegoat this time!

"Zhou Kingdom?" Cai Jing still didn't believe it, and looked at Ji Kui coldly with old eyes, "No way? Wu Haogu's son and Princess Qingde are about to get married... The official also intends to marry Wu Haogu's eldest daughter Wu Meiniang for Prince Yun. The two countries are at the right time to get together with Qin and Jin, why did he do this?"

In Cai Jing's view, Wu Haogu's attack on money was nothing more than to weaken the financial resources of the Song State recruiting troops so as to facilitate his attack. However, the two sides have not yet started the war.

Ji Kui was prepared and replied: "It's for one or two silver."

Cai Jing was stunned, "One tael of silver? What does it mean?"

Ji Kui took out a silver coin and handed it to Cai Jing with both hands.

"Taishi, this is one or two silver taels."

Cai Jing took the silver coin and put it in the candlelight to look at it. The silver coin was minted very exquisitely, with no square holes in the center, and there were ten thousand talisman patterns and Chinese characters "one or two silver" and "Dazhou Bank" on the surface.

"This is the silver coin issued by the Bank of Dazhou," Ji Kui said, "It is heavy for one tael, at least 85% of it is silver. Zhou Guo wants to use this kind of silver coin to spread the world."

"How is that possible?" Cai Jing sneered, threw the silver coin on the table, making a crisp sound. "This silver coin is worth 1,500 yuan, right? It's more cruel than ours, how can I spend it?"

Ji Kui smiled and said, "What the Grand Master said is that this tael of silver is indeed not easy to spend. However, for merchants who do big business, one tael of silver is easier to use than small flat money. Moreover, one tael of silver and small flat money can also be exchanged for one tael of silver, and one tael of silver is exchanged for 1,500 yuan.

In addition to one tael of silver, the Dazhou Bank also minted a kind of silver that contains 80% silver and 50% copper. One qian silver exchanged for 150% small flat money."

Cai Jing nodded without commenting, obviously not realizing how great the threat of a tael of silver and a qian of silver was.

Even a silver worth 150 yuan is not convenient to circulate.

Ji Kui then took out two paper coupons like a magic trick and handed them to Cai Jing with both hands.

"Tai Shi," said Ji Kui, "this is a bank voucher issued by Tianjin Bank, which is equivalent to a private friend, who is all focused on one tael of silver and one qian of silver."

Cai Jing quickly took the paper coupon and started to look closely under the candlelight.

The two paper vouchers are equally exquisite in workmanship. One of them is printed in dark green ink, with ten thousand talisman patterns on both sides, as well as Chinese characters "one tael of silver", "Tianjin Bank" and "redeem with a ticket".

The other one is printed in black ink, and also has a ten thousand talisman pattern, as well as the Chinese characters "one qian silver", "Tianjin Bank" and "redeem with a ticket".

"This is..." Cai Jing suddenly felt something was wrong.

Ji Kui nodded, "This is used to replace money!

The Dazhou Bank of Zhou State is equivalent to our Taifu Temple Transfer Database, but it does not issue money, but instead minted silver coins, copper coins and regulated the issuance of bank vouchers.

Bank bonds are issued by banks that meet the regulatory conditions, but must be submitted to the printing factory designated by Dazhou Bank for printing. The ink and paper used are particularly fine. They must be recycled and exchanged into new bonds regularly to prevent counterfeiting. The so-called responsibility of 'repeated by the issuing bank' shall be borne by the issuing bank. Only when the issuing bank goes bankrupt, Dazhou Bank uses the bank bond reserve deposited by the issuing bank to accept it in a certain proportion."

"They want to take money and attract money?" Cai Jing finally realized the seriousness of the problem.

The benefits of communication are 20 million yuan a year!

Even if money causes problems now, it is not difficult to save. Even if the issuance volume is reduced in the future, there will still be tens of millions a year.

However, once this bank coupon that is directly linked to silver coins is circulated, its advantages will be much greater than that of money!

Because the money was issued by the court, the majority of the interests were in the court, and once the money was made, the trouble would be to the bank, the quality warehouse, the warehouse, the Changsheng warehouse and the gold, silver and silk warehouse.

Bank bonds are issued by banks themselves, and the interests are mostly in the bank. As long as you don’t mess around, it is not easy to get out of trouble.

By the way, the real function of bank bonds is not to embezzle goods and gold and silver, but to lend and generate interest. Commercial banks can issue four bank bonds by depositing a one-two silver coin (or one-two silver) in the Dazhou Bank. This is equivalent to tripling the bank's capital out of thin air.

These four one-two banknotes are the base currency. During the process of lending and deposit-sucking, they can be enlarged by two to three times, and become eight or even twelve one-two coupons.

For banks, it is equivalent to using one tael of silver to pry up the business of eight to twelve taels of silver.

In addition, due to the multiplier effect of bank bonds, the financial market can obtain sufficient liquidity, and interest rates will fall accordingly. A 20% "low interest rate" like Qingmiaodai is impossible to maintain for a long time in the era of bank bonds and paper money. Interest rates usually remain below 10%.

For capitalism, a high interest rate of more than 20% is murder, and an interest rate level of less than 10% is acceptable.

"Tai Shi," Ji Kui looked solemn, and then said, "Wu Haogu has made great efforts, and I'm afraid it's more than money to attract benefits!

Now the Southeast Commercial City and Su, Hang, Xiu, Ming and Yue five states have developed trade and the people are prosperous. Small flat money is not applicable, and one tael of silver and one qian is more suitable... If the Southeast Commercial City and Su, Hang, Xiu, Ming and Yue five states use one tael of silver, one qian of silver and bank coupons, then it will be the lifeblood to be handed over to the Dazhou Bank!”

This is a dispute over the right to issue currency!

In the later years, whoever controls the right to issue currency will control the world! However, the current world economy has not yet reached a highly developed commodity economy, and the power to control the right to issue currency is not that great. However, for the commercial markets and several "Silk State" along the southeast coast of the Song Dynasty, the right to issue currency is too important.

Once Wu Haogu is mastered, the lifeblood of the Song Dynasty's finances will be like Wu Haogu is held in his hands. Without wealth in the Song Dynasty, can the country still maintain it?

After being fooled by Ji Kui, even though he was the character Cai Taishi, he believed that this "money crisis" was Wu Haogu's conspiracy!

https:
Chapter completed!