Physician of the Song Dynasty: Zhang Kai and Li Qingzhao have a private life-long contract

“No one wants to buy Treasury bonds?”

Fan Zheng confidently took over the task of underwriting national debt. Just as he was about to show off his ambition, he was given a slap in the face.

Fan Sanming smiled bitterly and said: "Master Fan doesn't know something! It's not that the Song Dynasty didn't have paper money similar to national bonds. The Jiaozi in Sichuan and Shu were all very similar to national bonds. They all used paper as money and could be exchanged for silver. As a result, the court It was issued indiscriminately, and now it has greatly depreciated in value, and the people hate it."

"What a waste of natural resources!"

Fan Zheng sighed slightly. There were so many good things in the Song Dynasty that they actually gave birth to banknotes that were commonly used in later generations.

However, just like the Qingmiao Law, Jiaozi did have advanced features. However, it was destined to be a premature baby in the feudal dynasty and could not develop and grow. However, national debt is different. It is based on national credit and is no different from private lending. The most suitable product for this era.

"Treasury bonds are different from Jiaozi. Jiaozi can depreciate, but national bonds are the same as private IOUs. They are not negotiable. You can only get the principal back when it matures. You can borrow and repay. It is not difficult to borrow again. As long as the court needs money, it will not be negotiable." It may default on national debt, or depreciate." Fan Zhengxin said.

Fan Sanming smiled bitterly and said: "That said, the people are like frightened birds and do not trust the national debt at all."

"The people are ignorant, and the officials in the court cannot see the benefits of national debt?" Fan Zheng didn't believe it.

At the moment, Fan Zheng took the national debt and visited the houses of wealthy nobles one by one to sell the national debt.

However, the result was shocking. The whole city of Kaifeng turned around and found that Fan Zheng had only sold 5,000 guan of treasury bonds.

Even so, I still reluctantly bought some for the sake of the miraculous doctor Fan Zheng.

"This is simply unreasonable!"

Fan Zheng was simply speechless. No one was willing to buy the national debt that later generations were scrambling to grab.

"Master, calm down! It is normal for the people to have doubts when the national debt is first issued. However, the doctors believe in the master. In the Traditional Chinese Medicine Hospital alone, the doctors purchased a total of 3,000 guan of national debt." Fan Sanming consoled him.

Fan Zheng was moved in his heart. He traveled all over Kaifeng City and relied on favors to sell 5,000 guan of treasury bonds. However, a traditional Chinese medicine hospital actually bought 3,000 guan. It seemed that the doctors believed in him.

"Since they don't buy it, my doctor will buy it!" Fan Zheng sneered.

"Doctors buy it? Young Master, how can a doctor have so much money?" Fan Sanming said with a wry smile. The doctor is indeed at its peak now. It is developing rapidly. Although there is a lot of money, it can't come up with extra money.

As for the doctors at the Traditional Chinese Medicine Hospital who have already bought 3,000 guan of national debt, they probably already have no cash left.

"Would you like to buy the national bonds if they are guaranteed to earn a profit or not?" Fan Zheng asked.

Fan Sanming gritted his teeth and said, "Of course I will buy it!"

In any era, what is most lacking is a business that is sure to make money without losing money.

Fan Zheng clapped his hands and said: "Since making money is a great thing, why should we give it to outsiders? Naturally, we and other doctors should be given priority!"

Fan Sanming's heart sank. Could it be that Fan Zheng was planning to imitate the Qingmiao method and force a group of doctors to share the money? Although this would be able to sell the national debt, I'm afraid the doctors would also be disheartened.

"Send the order and call on the doctors in the world to buy national bonds." Sure enough, Fan Zheng continued, but Fan Zheng's next sentence left Fan Sanming stunned.

"The doctors guarantee it, and the national debt will be paid in full when it matures."

"Doctors guarantee?"

Fan Sanming couldn't help but exclaimed that the Green Crops Law was constantly controversial, requiring households to forcibly provide guarantees for poor people, and doctors to be guarantees. This meant that once the court failed to repay the debt, or the national debt depreciated, the remaining money would have to be paid by the doctors.

"That's right! Since national debt is profitable, it will naturally benefit doctors all over the world. If a doctor needs money urgently after purchasing national debt, the doctor can calculate interest on a monthly basis and buy it back at an equal price." Fan Zheng added another discount.

Fan Sanming frowned and said: "This strategy has no worries. Doctors will definitely buy national bonds one after another, but now all the risks are borne by doctors."

Fan Zheng said firmly: "It doesn't matter! It was Fan who proposed the national debt. If even Fan doesn't believe in the national debt, who else in the world will believe in the national debt."

Fan Sanming had no choice but to pass on the order immediately.

“Doctors guarantee the national debt!”

When the news came out, it immediately caused a sensation among the doctors in Kaifeng City.

"Fan Taicheng really said that."

Mr. Lu's heart was pounding. As a doctor, he already had enough food and clothing, and a traditional Chinese medicine hospital was responsible for providing care for the elderly. There were not many places where he needed to spend money. Instead of letting his money rot in the cellar, it would be better to buy national bonds and increase the interest.

He calculated it carefully. According to the interest rate of 5%, for one hundred guan, he could earn 25 guan in interest in five years! This is not a small fortune!

Qu Langzhong nodded solemnly. His family was the poorest and his desire for money was the most ardent.

"Qu is going to buy another two hundred coins!" Qu Langzhong gritted his teeth.

Two hundred dollars was all his savings. This time, he was ready to make a desperate move just like he had chosen to join the Traditional Chinese Medicine Hospital.

Mr. Lu did not laugh at Qu Langzhong, because he planned to buy more national bonds. This time, he had to invest a full 800 yuan of pension money.

"The Zhang family still has some money left, and they are willing to follow Fan Taicheng to advance and retreat together." Female doctor Zhang Youniang said without hesitation.

The other doctors also nodded.

In this era, there are no other ways to make money. Doctors will naturally not do things like loan sharking, and national debt, which is safe and guaranteed by doctors, is naturally the best way for them to make money.

Moreover, they believed that Fan Zheng, as the leader of the medical family, would naturally not treat them badly.

The doctors at Tai Hospital were also excited. After receiving Fan Zheng's definite promise, they all bought national bonds one after another.

With the Traditional Chinese Medicine Hospital and Taiyuan Hospital taking the lead, folk doctors also followed suit, and Fan Zheng accepted all of them equally.

In just one day, the medical community in Kaifeng City purchased 50,000 treasury bonds.

"The doctor from Kaifeng bought 50,000 yuan!"

The people of Kaifeng were in an uproar! They have been paying attention to the situation of the national debt. No one expected that the national debt that no one cares about would be so popular among the doctors.

"Only 50,000 guan? The evil doctor Fan Zheng underwrote 5 million guan! Now it's just one percent." A drinker in Sun Yangzheng's shop said disapprovingly.

Shopkeeper Sun shook his head and said: "Fifty thousand yuan was only purchased by a doctor in Kaifeng City. Nowadays, the Traditional Chinese Medicine Hospital and Taiyuan Hospital have opened branches in major cities one after another. In addition, Fan Zheng also insures civilian doctors! Just within the doctor's house , which can consume at least millions of national debt."

"Millions of national debt!"

All the diners in Sun Yangzheng's store exclaimed. If the one-million-dollar national debt has a five-year term, then there will be a full 250,000-guan interest. With doctors as guarantees, doctors all over the world have made a lot of money this time.

"So, national debt is really feasible?" A diner said excitedly. The evil doctor Fan Zheng would not deliberately harm doctors. Doctors all over the world took the lead in buying national debt, which greatly increased their confidence.

"Evil doctor Fan Zheng has never failed in his evil methods. National debt should be feasible." Shopkeeper Sun nodded.

Although he was dissatisfied with Fan Zheng, he admired Fan Zheng's evil methods. Moreover, Fan Zheng personally led the doctors to purchase national debt, which was enough to make the national debt famous. In addition, the interest rate of the national debt was as high as 5%, which was enough to attract profit-seeking businessmen. My heart is pounding.

Under the leadership of doctors, more and more Kaifeng merchants and wealthy people with spare money began to choose to buy national bonds.

Treasuries sales surged.