Back to the Song Dynasty as a tyrant

On the early morning of April [-]th, in the most prosperous area outside Donghuamen, Dasong Bank officially opened for business.

The headline of the newspaper that day was about Dasong Bank.

For a while, the people who eat melons talked a lot.

Wang Zonglin took Qian Yuqing and Qian Jinshu to the Dasong Bank, and there were guards on duty all around.

"Wang Taiwei, it is good to issue banknotes, but there is a shortage of money in many places in Hangzhou." Qian Jinshu said, "But the reputation of handing in banknotes has been ruined, and the people don't believe in handing in banknotes."

"Of course I know about this matter." Wang Zonglin sighed and said, "But this matter is what the current officials want to do."

Qian Jinshu was slightly taken aback, why did the government suddenly want to issue banknotes so vigorously?

Wang Zonglin took his brother and sister to the private room of the bank, had tea made, and said: "This matter is of great importance, and I need your help."

"It's just the captain's order."

"Kang Shi (Qian Yuqing's word) is now the chairman of the Tokyo Chamber of Commerce, right?"

Qian Yuqing quickly said, "Thanks to Taiwei Wang for supporting me."

"I need you to make a statement, exchange some of the banknotes at Dasong Bank, and use your business to open up the first link of banknote circulation."

"Don't worry, you can freely exchange the banknotes for copper coins."

The key to the sharp depreciation of banknotes is that banknotes cannot be exchanged for copper coins. When Cai Jing was in power, banknotes were issued continuously, and it was forbidden to exchange banknotes for copper coins.

In this way, the amount of banknotes handed over increases and cannot be released, resulting in only 100 coins of purchasing power for 25 banknotes handed over.

Qian Yuqing said, "How much cash does Wang Taiwei need us to exchange?"

"How much money do you have?"

"Currently there are [-] coins in Tokyo."

"Then exchange half of it, and keep the remaining half for your turnover in various roads around Gyeonggi."

Qian Yuqing said, "Okay."

"Kang Shi, I still need your help."

"Wang Taiwei just give orders."

"After three months, you need to go to Zhaozhou, and after three months, you will implement the payment of banknotes in Zhaozhou."

"In such a hurry?"

"This matter is ordered by His Majesty."

Is it Zhao Guan's house again?

On one side, Qian Jinshu's little brain turned quickly: "Could it be related to the money shortage in Hebei?"

"Madam Qian is really smart, it's related to this matter."

At this time, Zhao Ning was sitting in a restaurant near the bank, observing the surroundings and the entrance of Dasong Bank.

The door of the bank is really deserted, and obviously everyone doesn't believe in handing over the banknotes.

This is also understandable, after all, this matter was spoiled by Zhao Ji and Cai Jing.

However, some sporadic people still come to exchange.

Zhao Ning saw a middle-aged man come out, he obviously exchanged some handover notes, so he went up and asked, "This official, is this exchanged handover notes?"

"Oh yes, just redeemed some."

Zhao Ning asked: "Why do you want to exchange and pay banknotes? Isn't it good to use copper coins?"

"Hey, you don't look at it for business, do you?"

Zhao Ning smiled: "How to say it?"

"We are in business. Every time we do a transaction, we have to carry a lot of copper coins. The transaction is very troublesome. It is naturally much more convenient to use this handover note. Moreover, the denominations of the new handover notes vary in size, which is really too much." It’s convenient, it’s very convenient to make change and count.”

Yiguan copper coins are not light, a thousand small coins are about nine catties.

If more than one thousand guan is involved in a large transaction, it will be nine thousand catties, which must be transported by a separate vehicle.

And in the process of counting, it is very cumbersome.

In many cases, the two parties pay the money with one hand and deliver the goods with the other. It takes more than half a day just to count the currency.

"Aren't you afraid that the banknote will depreciate?"

"Depreciation?" The man laughed and said, "Didn't it mean that the same amount can be exchanged for copper coins?"

It seems that some people still believe in the court.

He also said: "I'm not afraid to tell you, we come to exchange, firstly, it's really convenient to hand over banknotes, and secondly, we trust Zhao Guanjia, who has repeatedly united everyone to fight against gold, and based on this, we also believe that Zhao Guanjia will not easily backtrack."

Zhao Ning was quite moved for a while.

"If you want to exchange, you can go in and exchange."

Zhao Ning bowed and said, "I'll just ask."

In the evening, Wang Zonglin entered the palace full of interest, and said excitedly: "Officials, today we exchanged 630 guan."

Zhao Ning looked at Wang Zongyi with a smile: "Did you force those merchants to exchange it?"

"This..." Wang Zonglian laughed, "They did it voluntarily."

Zhao Ning looked at Wang Zongyan, Wang Zonglian curled his lips, and then said: "Fifty thousand guan was exchanged by Mrs. Qian, another 630 guan was exchanged by that salt merchant Zhu Qing, and the other [-] guan was exchanged by other people voluntarily. "

And the one thousand 630 guan was only exchanged for Zhao Ning's face.

Chapter 280 The New Financial System of the Great Song Dynasty (Second Update)

And that Zhu Qing only exchanged [-] coins for Wang Zong's face.

Although other businessmen have also begun to cooperate with the court, they are obviously unwilling when it comes to this matter.

After all, everyone's money is not blown by the wind, who is willing to exchange and hand over banknotes?

What if the court turns against the water and prohibits the exchange of banknotes for copper coins?

Wang Zonglin thought for a while and said, "Officials, the Jin people sell us things, can we sell the goods to the Kingdom of Jin and get back the copper coins?"

Zhao Ning looked at him with a smile: "What do you want to sell?"

"silk."

"anything else?"

"Soap, sell the soap at a higher price!" Wang Zonglin was full of confidence, "I don't believe they won't buy it!"

"What if I buy it with old Liao money?"

Wang Zonglian was stunned: "This..."

He remembered that the Kingdom of Jin had completely accepted the richest place in the Liao Kingdom.

Although the Liao Kingdom also absorbed a large amount of copper coins from the Song Dynasty, the Liao Kingdom itself also minted many copper and iron coins.

Moreover, Liao's copper and iron coins are notoriously bad and of poor quality.

The copper coins of the Song Dynasty have a copper content of more than 60%, and the copper coins of the Liao Dynasty can have 30%, which is not bad, and the workmanship is poor.

If that is the case, there must be a large amount of low-quality currency flowing into the Song Dynasty.

The money in circulation in ancient times was packed together, bumped and squeezed during transportation, and easily worn out.

Those currencies of the Liao Kingdom are easy to be damaged after being used for a long time, and if they are broken, they cannot be used. If they flow in, it means that Song Dynasty has collected a lot of garbage.

Therefore, the trading system of the 12th century cannot copy the international trading system of the 21st century.

Because the underlying financial system is completely different.

Without banks guaranteeing currency, international trade cannot flow freely on a large scale.

If the Song Dynasty wants to dump its surrounding areas and unify the currency, it will need banknotes and banks even more.

There is a bank, and if the banknotes are damaged, you can go to the bank to exchange for new ones.

Banks are the guarantee of financial credibility.

Wang Zonglin got into trouble.

Zhao Ning said: "Today, I met a merchant who exchanged banknotes on the street and told me the convenience of handing in banknotes. The only reason why everyone is unwilling to exchange banknotes is that they are worried that the imperial court will suddenly order that banknotes be handed over and cannot be exchanged for copper coins."

"That's true." Wang Zongyi suddenly said, "Do you want to forbid the use of copper coins on Jingji Road?"

"No, if it is strictly prohibited, everyone will go to the bank to exchange. Wouldn't it be overcrowded? And this will make other businessmen from all walks of life afraid to come to Gyeonggi Road to do business, and it will be a fatal blow to people's livelihood on Gyeonggi Road."

"I'm stupid, I really can't do anything about it."

Zhao Ning said: "In the next month, you will have people keep exchanging banknotes at the bank, and then using the banknotes to continuously exchange copper coins at the bank, and so on."

Wang Zongli immediately became excited: "Is the official trying to imitate Shang Yang and establish trust?"

"You go to strike up a conversation with a little lady on the street, what will people think of you?"

Wang Zonglin said: "Uh, you might say, Wang Taiwei, you are really romantic."

Shit!Fatty Wang!You are a fucking shameless bastard!Dare to mess with my old lady!

"Will he agree to go with you for the first time?"

"Probably not."

"When will I go with you?"

"When she realizes that my Old Wang is a gentle, considerate and majestic real man, she will definitely come with me!"

"Trust relationship needs time and frequency to cultivate, understand?"

"Understood." Wang Zonglian thought to himself, you know it takes time, but you only give me three months!

Zhao Ning asked: "So, how to deepen the trust between the two parties?"

Wang Zonglin said: "Wait for a few more exchanges, and it will deepen."

"That's just one of them."

"Is there another way?"

Zhao Ning asked again: "What is the profit of soap now?"

"Currently, the income from soap is [-]%."

"How much can the price of soap be lowered?"

"If it is produced on a large scale, each bar of soap will be reduced to 50 pennies in the future."

"What percentage of the proceeds are left?"

"There are still [-]%."

In other words, there is still 20% of the net profit.

Capitalists in the 21st century will cry when they hear about this transaction.

You know, the net profit of the richest man who built the house is less than 0.5%.

Zhao Ning thought for a while, and said, "Let more rich people deposit their money in the bank and deepen cooperation with the bank, can it deepen trust?"

"Yes, but..." Wang Zonglin really couldn't keep up with Zhao Guan's train of thought, "But why do rich people want to deposit their money in the bank?"

"What if the bank not only doesn't charge their management fees, but also returns the interest every month?"

When Wang Zonglin heard this, he was immediately dumbfounded.

Rich people deposit money in the bank, not only do not charge management fees, but also give them money?

Official, did you hear me right?

Seeing Wang Zonglian's bewildered expression, Zhao Ning said, "How?"

"Where did the part of Qianyi returned to those people come from? This is a loss, officials, please be careful!"

"What if the bank lends you a loan from the Shaofu supervisor with a monthly interest of six thousand?"

"The Shaofu supervisor has money, so he doesn't need to borrow money..." Wang Zonglin realized the problem as soon as he finished speaking.

He immediately said: "But if there are too many people depositing money in the bank, they will all deposit their money in the bank. If they deposit 1000 million yuan, they will be given [-] yuan in interest a month. Wanguan, the bank will lose money."

"If the Shaofu Supervisor wants to repay 17 guan to the bank, he needs to borrow at least [-] guan. The Shaofu Supervisor doesn't need to borrow that much money at all!"