The Weapon Tycoon Who Traveled to Great Qin

Chapter 2612: Abolishment unit

Capital has the obligation to find safety on its own, and Zhao Guo merchants are also keenly aware of this. The stock market cannot rise permanently. The rise is just a chance, but it will never give too many opportunities. Merchants use this. After gaining a certain amount of capital during the first rise, they must find a way to solve their own problems. For example, investing safely.

Private banks may be a good choice, because any business is inseparable from capital. Without capital, the problem may never be solved.

Qin State, Xianyang, Wenyang Bank.

"The Prime Minister's Mansion did not immediately issue metal currency. It seems that the Prime Minister's Mansion is still cautious about the circulation of metal currency." Yingyu said to Xiao He after reading a report. Regarding how to develop next, especially with the help of currency reform to strengthen the banking role of Wenyang Bank. Yingyu has invested a lot of effort to expand the bank's influence.

"Yeah. But an official letter from the Prime Minister's Mansion, they want to know the impact of abolishing the gold unit in banknotes." Xiao He said to Yingyu.

"What do you think?" Yingyu asked.

"I think that after the abolition, it can effectively stimulate people's demand, because from an intuitive point of view, gold is equivalent to the existence of one hundred and a half, two and a half, and the cost is also very meaningful. However, if there is gold, , It is equivalent to correspondingly narrowing the gap, the unit of gold is really too big. And the widening of this gap does not have much practical significance. On the contrary, in practical applications, because of the existence of gold, it exists in the big Small-value transactions, non-existent and small-value transactions, half have been satisfied with people's needs, but gold can only be satisfied with large-value transactions." Xiao He said.

"For example, we usually buy some daily necessities and don’t use gold. Units like gold only exist in companies like ours, but the unit of gold is too big. If half of the two is used, it’s like a decimal point. Using the same, we will be more precise. Using gold is too general." Xiao He said.

"Well, I think about it. When we pay a salary, if the salary is a few dollars, the employees may not make a lot, because they feel like this, but how to use half of it, it is almost more than 1,000. Half two, it sounds like the unit value is the same, but it feels different. Is this the truth?" Yingyu said to Xiao He.

"Yes, Chairman, it is such a reason. We must give such a concept. After all, no one pays too much attention to such a psychological suggestion, but if such funds are large, it will stimulate people's consumption, or give a kind of Imply, that is, their salary is much more." Xiao He said.

"In this way, it can also stimulate us to issue more banknotes. For example, the government can do this because people need more banknotes to meet their psychological needs." Xiao He continued.

"Yeah. It seems that the abolition is of great significance." Yingyu said.

Shangwen's prime minister's house.

"In my opinion, the significance of the existence of gold units is not very big. His actual use is only in large-scale business activities. In actual transactions, it is not very obvious. Half and two dollars can do things. It can't do it. On the contrary, the existence of gold is meaningless because of the existence of half and two. I believe that the existence of gold units is a waste or a meaningless existence." The Minister of Finance said to Shangwen.

"In this way, everyone supports the abolition of the golden unit system?" Meng Yi asked the ministers.

"Yes, half of the things that can be done, the gold unit can indeed be abolished. However, we don't know how the countries reacted after the abolition of the gold unit. After all, our banknotes in the State of Qin have always been linked to gold before. If the unit of gold is suddenly abolished, it may lead to a depreciation and run on our banknotes. I am worried that there will be a certain degree of chaos. How long this chaos can last is not clear enough for us to abolish." The Minister of Finance is worried. Speaking of.

"Don't worry about this. Perhaps countries already have such an idea. At the same time, we have a large amount of gold reserves in our hands. No one is willing to buy such a large amount of gold to accumulate at home, if I think it is good." Shang Wen said at this time. .

"Chu and South Korea will provide us with a large amount of sufficient gold." Shang Wen said at this time.

"In Bangladesh, these two countries have obtained a large amount of trophies, and their trophies are piled up like a mountain. If the indemnity of Bangladesh is added, the amount of gold will far exceed our imagination. This is an extremely terrifying number. Don't worry about hoarding so much gold, because the gold supply problem will be solved." Shang Wen said.

"On the contrary, the abolition of the gold unit is conducive to our further issuance of banknotes, because the exchange of banknotes is a problem. In the exchange, we can further issue more banknotes." Shang Wen said.

"From the perspective of the historical development of currency, the existence of gold is a long-term deflationary state for our previous demand, because gold mining is not easy, but its value is too expensive, so the circulation of goods is not It’s not very good. It can be said that the existence of gold units meets the needs of the times in the deflationary era. But now, we need inflation, that is, to meet a large amount of money demand, and then after this money demand is satisfied The large amount of material satisfaction that comes. This kind of satisfaction requires more money to complete our sense of need. In this way, we need more paper money. Therefore, the abolition of the unit of gold is a historical inevitability Choice, this choice is very correct." Shang Wen said.

"So, abolition. It is an inevitable choice. We don't have to worry about anything." Shang Wen said to the ministers. Everyone nodded. They also agree with this statement. Although the ministers have no sense of currency history, they believe that people are more satisfied with the demand for small units than the larger demand for currency units, just like in history. Like gold, copper coins and silver still meet demand, rather than larger units of gold. However, after Shangwen’s decision, he still has not determined how Qin’s currency reform will proceed. Qin only abolished a currency unit, but did not completely break away from the control of gold. How can gold and currency be separated from it? .