I handed in the sand sculpture through the book system

Mu Chen turned his gaze slowly and saw Bei Yan nodded silently towards him.

In just this moment, Mu Chen quickly understood Bei Yan's intention of bringing Du Heng here.Apparently, although this young man with a somewhat mysterious background is hesitating and evasive, he may be the person who has the most information. It is no wonder that Bei Yan wants to use some means to bring this person to Chang'an to take care of him.So he was silent for a moment. On the one hand, he was thinking about how to place this difficult character, and on the other hand, he was also digesting the shock that he had eaten melons on his own head.But Du Heng secretly caught a glimpse of the expression of his immediate boss, and after a sudden thump in his heart, he was immediately seized by the desire to survive——

Now the father and son are the largest among the five luns, and the southern and northern dynasties ruled the world with filial piety. If I slander the Emperor Kao in front of King Hengyang like this, I am afraid that I will be severely punished immediately!

So he racked his brains for urgent thinking, went through all the officials, large and small, in the former dynasty, and tried hard to find a sycophant and traitor to blame the first emperor.But after much deliberation, before he could choose the right candidate, Xiao Xuan, who was beside him limp as mud, helped him out of the siege properly and well—this medicine man who was bumped all the way by the plane couldn't bear the dizziness and horror, and finally The whole body twitched under the breeze, and Du Heng spit out all over his body.

·

Everyone hurriedly lifted Xiao Xuan off the plane and sent her to the nearest manor (which was previously confiscated) to rest.Fortunately, the therapy given by the Chang'an Medical Advisory Group has been effective for the past few days. Although Xiao Xuan's body is inevitably weak due to the long-term confinement, the plan formulated by the Jiankang Medical Group is still effective (or temporarily effective), and the condition quickly recovered after taking the medicine. It stabilized and gradually fell into a deep sleep.Mu Chen and the others breathed a sigh of relief, and arranged for Du Heng to stare at the patient inside the room, while he himself got out and handed over to Bei Yan in the front yard.

They briefly introduced the various actions of the time-traveling team in Chang'an, especially the utility of the so-called "bonds".This kind of professional counterpart is full of innovative ideas (after all, the general economy would never dare to spend like this), and it immediately won Bei Yan's strong approval.However, after agreeing, the financial expert thought for a while, but pointed out the shortcomings of their plan:

"You want to use bonds to cheat—to collect the funds of the rich and powerful in the city, so as to control the economic system. This idea is of course very good, without bloodshed, and give full play to the strengths of fraud—I mean finance. "Bei Yan first praised a few words, and then changed the subject, pointing out his lack of thoughtfulness: "But you should notice that the economy in this era is still quite primitive, and real objects are the absolute mainstream of production and life, while currency is just Small embellishments in the economy, relying solely on collecting currencies such as silk, gold and silver, there is no way to expand their influence. Even if the nobles of Chang'an are searched, there will be left behind the fish that slipped through the net with huge assets..."

He blinked and added the most critical list:

"...For example, you rich merchants."

Mu Chen couldn't help but exchanged a glance with Xiang Liang, and felt his heart fluttering - now that the north and the south have been separated for nearly a hundred years, although it is said that they are hostile to each other, the trade between them cannot be stopped no matter what.Therefore, profit-seekers came into being under the demand. Many businessmen shuttled from north to south, and gradually accumulated wealth comparable to that of princes and giants.In ancient times, Tao Zhugong and Zhuo Wangsun had no more than that.If you really want to collect funds to control the economy, of course you can't let these fat sheep go.Besides, these wealthy businessmen are not as powerful as the rich and powerful, and it is normal for them to hoard and monopolize profits on weekdays; at least eight out of ten have some population.It is certainly easy to attack these people in terms of strength, and there is absolutely no need to feel guilty about morality...

But even though he moved his index finger, Mu Chen thought for a moment, but still had some concerns:

"Those merchants—will they buy the bonds?"

The sons and daughters of the rich and powerful are deep-seated people who don’t eat human fireworks. Apart from being deeply versed in conspiracy and tricks, in terms of business, they are basically foolish and quick to make money.But the merchants can accumulate such a huge amount of furniture from scratch, even if there is some hidden background behind it, the awareness of anti-fraud is absolutely full.Even if their financial innovation is a leading version of the great pioneering work, it may not be able to hide from these people.

"Oh, of course it's impossible to be credulous." Bei Yan understated: "The imperial courts in the Middle Ages didn't have any commercial credit. The so-called wealthy merchants were purely fat pigs raised by the capital. When the country ran out of money, they would slaughter one or two of them to feed themselves .If we sell bonds to these businessmen openly, we will scare the snakes and frighten these wealthy businessmen out of their wits, and run away overnight. Judging from past successful experience, if we really want to squeeze out something, we must build plank roads. Keep it secret... Who have you sold bonds to now?"

Mu Chen opened his mouth, and finally decided to ignore the strange "successful experience" and honestly confessed his recent achievements.To put it simply, in order to maintain a strong sense of competition and create a sense of competition between superiors and superiors, they fully controlled the number of bond sales.Until now, only the generals of the frontier army in the suburbs, senior bureaucrats with a rank of three or above in Beijing, and veterans who have retired with the rank of Sangong, Sangu, and general are eligible to buy bonds at will; , it will be limited by the quota, and each person can only buy five tickets.As for the rest of the officials, they can only look at the ocean and sigh, acting as a tool for VIP players to feel superior.

Bei Yan nodded repeatedly after hearing this, and greatly appreciated the measures to ensure that the hierarchical system cultivates the pleasure of introversion, but he also pointed out that the entire court must be indispensable, and it is not a long-term solution to blindly please the important officials and ignore the bottom .Therefore, when the important ministers are a little satisfied, they should immediately expand the scope of bonds and sell them to the entire Beijing official group.

Mu Chen felt even more confused. Of course there is no problem in expanding the scope, but——

"--the little money from those dirty officials." He hesitated, "I'm afraid..."

In the Middle Ages, there was a huge disparity between the noble and the humble. Even if the lower-level officials were squeezed out of every drop of oil and water, I am afraid it would not be as good as a fraction of the powerful and important officials.

"Of course I know." Bei Yan said calmly, "So I plan to open a place to sell bonds in the capital province, and all bonds will be anonymous."

Mu Chen and Xiang Liang were stunned at the same time, and then they were so blessed that they fully understood Bei Yan's intentions in an instant - the capital of the capital province, only officials registered with the imperial court can enter; selling bonds in the capital province is undoubtedly a release. This is the most obvious signal, that is, bonds are the "welfare" bestowed by the court to the ministers and workers, not some "gravity" that businessmen can get their hands on!

In this way, the credit of this bond is extraordinary-there is a strict hierarchy of scholars, farmers, businessmen, and since ancient times, the central government has focused on the basics and suppressed the bottom, and businessmen have been regarded as the last class of pariahs. .But unless the top management loses their minds and goes crazy, they will never dare to play tricks on the courtiers like this—even the lowest-ranking officials are still "scholars", and in the current atmosphere, they are definitely not to be insulted!

In this way, the bonds sold in Duseitang have completely established their credit.It just so happens that this bond is not registered, but it just facilitates the reselling and trading of the rich merchants - and all they need is just a small fee to buy low-level officials and obtain admission qualifications...

To be able to conceive such a thoughtful, meticulous and best-of-both-both-in-one plan in an instant, the consultants of the University of Beihai are indeed extremely skilled in finance.Not only that, Bei Yan picked up his teacup and took a sip of water, saying that it was just a basic lesson, and then smiled, showing them the real innovation of the financial world in misappropriating money.

Bei Yan pointed out that no matter how high the credit is and how lucrative the profits are, the dignitaries and generals in Beijing cannot buy bonds endlessly—their liquidity is limited, and after a certain level, they will inevitably be powerless; To avoid this kind of regret, the traversers can provide preferential policies, lend loans with extremely low interest rates to the rich and powerful, and solve all their worries about buying bonds.

To put it simply, the traveler lends money to the nobles of the capital, and the nobles of the capital buy the bonds of the traveler himself.

This operation seems to be superfluous while taking off your pants and farting. The degree of cerebral palsy is about the same as the swimming pool in elementary school math problems that catches and releases water at the same time.But Bei Yan took a pen and showed it to Mu Chen Xiangliang on a piece of paper, telling them how a large amount of funds can be easily embezzled and repeatedly cleaned in this cycle of financial operations. In the end, it was easily submerged in a pile of bond interest contracts and futures that were too huge to be unreasonable, and it could quietly fall into the absolute control of the operator.

"Roughly speaking, if you use this type of operation to wash it seven or eight times, you can blow the bubbles and skyrocket with just 800 yuan, let alone get [-] million financial derivatives, it's not a problem." Bei Yan tapped with a pen. I tapped the tightly intertwined lines on the white paper, which is the complex relationship between various financial derivatives, loans and debts. Of course, now it looks more like a ball of wool: "Don't think this is a numbers game. In the process, We can use these derivatives for mortgage, expansion, and exchange. At least we can use leverage to leverage tens of times the amount—of course it depends on the potential of the local market, but I think that if we get more than ten times the amount from wealthy businessmen Funding should not be difficult. After all, these have been practiced many times..."

Mu Chen opened his mouth wide and looked at the dense financial terminology on the white paper, his mind was filled with nothing but bewilderment.He opened his mouth and pondered for a while, and finally picked something he could barely figure out:

"But, but, but the foundation of these things of yours is some kind of bond..."

——So far, their bonds have gained [-] to [-] yuan, and the results are simply brilliant and unexpected.But compared to this financial magic trick that easily leverages hundreds of thousands to nearly millions, it is simply too pitiful...

Wang Zhi nodded:

"of course."

"That, that, that—" Mu Chen rolled his eyes and thought for a while, then said in a low voice, "Would there be... something wrong?"

Although everyone is mentally prepared for the thunderstorm, but your thunder—is it a little bigger?

"Of course there will be problems." Bei Yan shrugged. After the problem, we can also have two responses.”

Mu Chen cheered up, thinking that as expected of finance, after earning so much money, they can still plug the hole?

"Which two?"

"It's up to you." Bei Yan said lightly: "If you want to continue playing this game, you can issue more bonds, collect more funds, and suppress the problem temporarily. Of course, you can change the academic A little name, such as what injects liquidity, quantitative easing and so on.”

He pondered for a moment, and finally shook his head:

"Of course, if you don't want to play anymore, then you can directly withdraw funds to overturn the table. You can claim to pierce the bubble economy, clear out non-performing assets, and let the invisible hand of the market allocate resources..."

·

Faced with Bei Yan's two well-prepared plans, Mu Chen did not make a choice after all.This is not because he doesn't understand the "monetarism" and "liquidity", but because Du Heng rushed over suddenly, crossed his hands nervously, and said that Xiao Xuan had a fever for no reason!

Xiao Xuan's health was of great importance, and the few of them dared not delay, so they rushed to the bedroom in another courtyard immediately.As a result, when the door was opened and the breeze swept away, Mu Chen, who trotted behind Bei Yan, frowned, wondering why there was such a scent?

But the fragrance belongs to the fragrance, and the procedure that should be followed still cannot be left behind.Bei Yan and Mu Chen stood guard at the door, while Xiang Liang took out his mask and gloves, put them on carefully, strode into the room, and pulled back the bed curtain by the bedroom window.

As a result, after bending over to take a closer look, Xiang Liang turned around and backed out with a strange look in his eyes.

Bei Yan frowned and looked inside, but it was a pity that he couldn't see clearly through a layer of gauze curtain.

"Is he all right?"

"...It's okay." Xiang Liang spoke slowly after being silent, but his tone seemed a little strange.

He paused, and finally asked in a low voice:

"—By the way. Did you hear clearly just now, the fever Du Heng mentioned—is it a flat tongue or a raised tongue?"

This question was unfathomable and unfathomable, completely beyond ordinary people's reasoning. Mu Chen didn't expect it, and was stunned:

"What?"

Before he finished speaking, he heard creaking noises in the depths of the bedroom, and then came a rather lingering, soft, and indescribable emotion——

moan?