The Weapon Tycoon Who Traveled to Great Qin

Chapter 2363: Cut interest rate and RRR

Qin State Xianyang, inside Wenyang Bank headquarters. Yingyu's office.

"This is the plan of the Prime Minister that has just been received. The Prime Minister proposed to set up two sections, one is the traditional section, and this section is the one we are going to do now. This section is only to take measures to understand the time limit. If it is listed in the future, We need to consider the scale of funds. In this way, the number of stocks will increase a lot." Yingyu said.

And Xiao He is looking at the report quickly. This kind of content used to be in the market, but at that time no one was sure whether it was true or not, so he didn't take it seriously, but now when he really sees such a report , Xiao Hecai felt that the matter was real and that the changes would be very big.

"In addition, the Prime Minister's Office also wants to set up a small and medium-sized enterprise section. The establishment of this section will greatly serve the small and medium-sized enterprises of Qin State." Yingyu said.

"My personal opinion is that what kind of words will have a great impact on Qin's stock market. Although it has brought a lot of investment enthusiasm, the current capital situation has not fundamentally changed. Qin must find a solution. That's fine. Otherwise," Yingyu said worriedly. She is in a bank business, so what is the state of nature's funds? Under the circumstances that the state of funds has not been fundamentally changed. Simply increasing the number of stocks will only increase trouble.

"In this case, we should explain the situation to the Prime Minister's Mansion, otherwise, if this goes on, it will be very unfavorable to us." Xiao He said to Yingyu.

"Well. I can only do this. However, this plan needs to be passed through the parliament to solicit more opinions. Generally speaking. The prime minister will be very cautious about such a plan." Yingyu said.

"Well, I'll make a call first." Yingyu thought for a while, then picked up the phone and asked to connect to Shangwen's phone.

Inside the prime minister's house.

"Okay, I understand, your ideas are very helpful to us. Thank you." Shang Wen said on the phone at this time.

After Meng Yi came in, he saw Shang Wen talking on the phone and stood quietly to the side.

"Okay. Okay. That's it. Bye." Shang Wen deducted the phone.

"Banks, bank calls, they want us to be more cautious in this matter, do you want to relax the financial issues first?" Shang Wen said to Meng Yi.

"Funds?" Meng Yi asked.

"Yes, it's the securities matter. Your worry is right." Shang Wen said to Meng Yi.

"Ting bell." Just then the phone rang.

"Hello." Shang Wen answered the phone and said.

"Hello, hello." Shang Wen said politely.

"Please tell me directly, if there is anything, our Prime Minister's Mansion will solve it." Shang Wen asked through the phone, and then motioned Meng Yi to sit down.

Shangwen hung up after a casual comment. However, Shang Wen immediately picked up the phone and put it aside.

"What's wrong? Why don't you put the phone away?" Meng Yi asked Shangwen.

"I have already answered several calls. They are all from the bank's directors. They asked us to increase funds before discussing this issue. They think that the current funding situation is a bit tight. This is for Qin's development. Said that it is not a good thing, they have this kind of worry." Shang Wen said to Meng Yi. This morning, Shangwen received such calls, and most of them had such a meaning. Shangwen also believed that he did have such worries.

"My opinion is the same as them." Meng Yi said to Shang Wen.

"Well. Yes, we must solve this problem. Many banks are aware of this problem, so we must solve this problem." Shang Wen said.

"It's just that, currently, we need some solutions to solve it." Meng Yi said to Shangwen.

"Yeah." Shang Wen nodded.

"I personally think that the bank's interest rate should be lowered again, to a level below one percent." Shang Wen said to Meng Yi.

"What?" Meng Yi was a little surprised.

"In doing so, our printing factory will provide these funds continuously." Meng Yi said to Shangwen.

"There is no way, it can only be done. If bonds are issued, it will cause a lot of panic." Shang Wen said.

"Funds are needed everywhere. Now is the era of deflation. Our economy needs the rapid support of currency." Shang Wen said to Meng Yi.

"But I am worried that this will cause great losses to our people's lives." Meng Yi said.

"This will cause prices to soar." Meng Yi said worriedly.

"But the current situation is that if we do not increase funds, the business situation will be bad. Although our people can live a good life, the economy and the country’s economy will fall into a disaster. Capital development, even if workers have wages, will change with the situation of the enterprise." Shang Wen said.

"I think that in such a situation, we must first cut the interest rate. The rate cut to 0.25%. It may be lower in the future." Shang Wen said to Meng Yi. Hearing this, Meng Yi looked at Shang Wen very seriously.

"We, is there any other way to do this?" Meng Yi asked.

"I have thought that for the time being, there is no consistent way to increase the bank's funds than directly cutting interest rates. Of course. To cool down, we can drastically reduce bank deposit reserves so as to provide more liquidity. "Shang Wen said.

"In the future, enterprises will need more funds. We must think of other ways, but only in this way can we provide more funds and show the government's will." Shang Wen said to Meng Yi.

"Well. Although I believe that we should not harm the interests of the people, I believe that we should do our best to ensure this." Meng Yi said to Shangwen.

"I understand that Qin's paper currency is now a universal currency. It has a great international effect. This effect is not available in Qin's previous currency." Shang Wen said to Meng Yi.

"Boom boom boom." Just then the door rang. Shang Wen looked at Meng Yi strangely, and Meng Yi also looked at Shang Wen.

"Why can't I call you?" Yingyu asked immediately after coming in.

"Oh." Shang Wen shrugged. Yingyu suddenly saw the phone on the table.

Shang Wen understood it all at once.

"One morning, people from many banks called in. They asked for more liquidity. We are discussing a result." Shang Wen explained to Yingyu at this time.

"Is there a specific plan?" Yingyu asked directly.

"This. There is one for the time being, that is, interest rate cuts. RRR cuts." Shang Wen said.