, The fastest update Your Majesty, the spectacle missed the country! latest chapter!

Are the businessmen who took out most of their property and rushed to buy a house stupid?

Of course they are not stupid!

As a commoner, it is impossible for ordinary people to be able to accumulate wealth of thousands of gold coins by relying on their own ability in this era of nobles and the people's hardship.

Therefore, they must not only have an extremely flexible mind, but also know how to advance and retreat, be well-versed in matters, know what they can and cannot do, and the most important thing... is to see the general trend.

It is precisely because of this that they will come to the Duchy of Idar in the eastern part of the empire when the situation in the interior of the empire is chaotic.

In just two years, the income of civilians in the Principality of Idar has at least tripled, and prices in the Principality have also risen slightly to a certain extent.

This is naturally inseparable from the rule of Bruno Stuart, Duke of Idar, but it also means that a large amount of money has begun to flow into the Principality of Idar.

And this is just the beginning. This piece of land in the eastern part of the empire will surely become the most prosperous place on the entire continent under the rule of the Stuart family.

And this is also the consensus of all civilian businessmen.

so……

Regardless of the current price of twenty gold coins per square meter, it is shocking. A bold idea has long appeared in the minds of these businessmen, that is...

If after a period of time, the housing price of this aristocratic manor might not be as simple as twenty gold coins per square meter!

Although this conclusion makes the businessmen feel a little unbelievable, but... this is indeed a guess they made after witnessing the development of the Principality of Idar with their own eyes.

It is precisely because they saw the future in the Principality of Idar and the bright future possessed by the merchants that they dared to smash most of their wealth and buy a three to five hundred square villa.

Not to mention living with aristocrats, it is indeed a face-saving thing. You must know that this property developed by Riverside Real Estate is the property of Bruno Stuart, Duke of Idar!

If you can't buy it, you won't lose money, you can't be fooled!

Therefore, these factors made the businessmen present eager to try. Coupled with the hot atmosphere created by Riverside Real Estate, the 67 villas in the first phase of Noble Manor were actually sold in just one night. Empty.

only,

When Lucio, accompanied by his wife, happily handed in the money, signed the purchase contract of the villa and walked to the sale building, he still inevitably felt an unreal feeling in his heart.

A down payment of 2,000 gold coins, plus a loan of 4,000 gold coins, monthly repayment of more than 20 gold coins, paid off in 16 years...

A commoner businessman with a wealth of thousands of gold coins and a strong net worth, had a debt of up to 4,000 gold coins overnight...

Let alone Lucio, who has worked so hard to accumulate money, no matter who it is, he will feel a faint worry afterwards.

Where am I?

What was I doing just now?

Just for a small villa, you actually spent most of your life savings? Is this... really necessary?

However, it seems that the emotions of these merchants after the purchase have been predicted long ago. In the morning of the next day, the "Idar Daily" published a front page of the grand sales of the noble estate.

【Shock! Nearly a hundred villas were sold out overnight, with a total value of hundreds of thousands of gold coins! 】

In fact, this article is not just an ordinary shocking body.

Under the slightly exaggerated topic, it is from various angles to count the changes in the development of the Principality of Idar during this period, and to express the great attraction of the eastern part of the empire to merchants with great emotion.

Of course, the article is also expressing a point of view... it's a good thing to buy a villa! All are smart people with foresight!

and……

Almost on the second day, Riverside Real Estate sent a detailed construction schedule to all the customers who signed the contract, when to complete the construction, when to start the decoration, and when to choose the decoration theme of the villa.

After looking at a series of perfect plans, the stones in the hearts of businessmen gradually fell.

Anyway...

This will never be a loss-making business.

And those merchants who didn't buy the villa were all very annoyed by beating their chests and feet.

...

The hot sales of the noble manor and the income and expenditure of the riverside property during this period were sent to Bruno's table in the morning of the next day.

how to say?

With the down payment and deposit paid by the merchants alone, Riverside Real Estate can fully recover the initial construction cost.

but……

Bruno had anticipated this, and did not act too surprised.

Or to be more precise, he was already surprised.

When Bruno first came to this world, how many gold coins were in the Stuart family's vault?

Bruno remembered very clearly that due to the original prodigal skills, the amount of gold coins he could use was only a mere 2,520. Among the countless nobles in the Norman Empire, it was undoubtedly the bottom of the existence.

Therefore, in order to build the sky garden, Bruno improved the salt drying method, opened sugar workshops, supported coastal people to go fishing, organized serfs and civilians to set up production teams...

At that time, there was only one reason for this series of things, and that was lack of money and food.

But now?

After such a long period of development, just selling a few houses to wealthy businessmen can make a profit of tens of thousands of gold coins!

Is this large?

A lot, but not enough.

Whether it is the construction of basic disciplines, the promotion of social progress, and the provision of the comprehensive national strength of the Principality of Idar, behind these simple-sounding words and phrases, a lot of manpower and material resources are needed.

And Bruno alone is obviously not enough.

Bruno needs to tie more people to the chariot of the Principality of Idar. Whether it is a businessman or a nobleman, as long as he agrees with Bruno's ideas and becomes a citizen of the Principality of Idar, then he can become an aid to the continuous development of the Principality of Idar.

therefore……

Bruno's goal now is very clear, and that is to take the money of merchants and nobles out of their pockets to promote the progress and development of the Principality of Idar.

In this era, science and technology are very backward, and the people are very poor, but the nobles and business people are not poor.

However, Bruno could not adopt a tough approach.

He wants to let the nobles and businessmen willingly take out the money in their pockets. While allowing himself to get the money, he also needs to make the nobles and businessmen feel satisfied, so as to achieve a win-win situation!

Therefore, not only was the riverside property that Harley Santa Cruz was responsible for, but also the original intention of the Idar United Savings Bank, which Bruno ordered to form.

but,

Although it is called the Idar United Savings Bank, in fact, this first bank in the Idar Principality, which was ordered by Bruno, will not directly provide services to the civilians of the Idar Principality in a short period of time.

And its only customers are the nobles and merchants of the Principality of Idar, and their business is simply to absorb deposits and lend.

In Bruno's view, economics and finance are a very complicated subject, and there is no room for sloppyness.

If you are not sure to do it well, it is better not to do it.

Not to mention the convenience of standing borrowing, the convenience of medium-term borrowing, the inflation rate, open market operations, and other messy things.

For the Principality of Idar today, I am afraid that even the most basic problems of how to calculate the discount rate and how to determine the deposit reserve ratio cannot be solved.

The Principality of Idar does not have such talents, and Bruno is also worried that if the banks are rushed out, it will bring unpredictable economic risks to the originally stable development of the Principality of Idar.

After all, whether Bruno’s knowledge of economics can be applied in this era, and whether there will be a phenomenon of "unacceptable", these are all things to be considered.

so……

Only businessmen, and only those big businessmen who need to borrow, can deposit and borrow from the Idar United Savings Bank, and with the support of the Idar United Savings Bank, can they obtain more financial support and create more jobs. .

While Bruno was scribbling on the table and thinking about the next development direction of the Principality of Idar, Mundell knocked on the door and walked in: "My lord, Miss Isabel is here."

"Let her in."

With the establishment of the Idar Public University, Isabel's status can be said to have improved.

Being proficient in mathematics, she was not only appointed by Bruno as the vice-president of Idar Public University, but at the same time she was also responsible for teaching mathematics to students of Idar Public University.

You know, although Isabel’s exposure to mathematics, especially advanced mathematics, is not long, but with her extraordinary mathematics talent, she ranks among the top mathematics elites in the Principality of Idar.

Therefore, since I gave Isabel a lot of mathematics books and let her study on her own, Isabel came to the Hanging Garden less frequently.

And this time, of course Isabel was called by Bruno.

Otherwise, Isabel, who has long been immersed in the world of mathematics, would normally not visit him on his own initiative.

"I heard Mr. Nicholas say that you should be teaching mathematics at the Polytechnic and the School of Economics at the same time?" Bruno spoke first before Isabel saluted him.

"Yes, Lord Duke."

Isabel nodded: "Although the number of students in the first batch has not been large, they are already rare elites in the Principality of Idar. Whether it is understanding ability or other comprehensive ability, it is very good."

Maybe Isabel was just an aristocratic lady who didn't like to socialize, but after Bruno showed the subject of mathematics to her for the first time, Isabel liked the feeling.

Relying on her own brainstorming to solve one by one mathematical problems, and then give her mathematical knowledge and problem-solving methods to others, this seems to have become the whole of Isabel's life.

"The School of Economics at Idar Public University will open a new course next semester..."

Bruno paused, pointed to the book on the desk, and said in a deep voice: "This matter will be handed over to you and Julian Heaton. In short... the School of Economics must cultivate a group of good seedlings. This is extremely important to the future of the Principality of Idar!"

Prior to this, Bruno had been talking to Mr. Nicholas about the cultivation of talents in basic disciplines, clarifying the important role that craftsmen with skills can play.

However, it is clear that as the Principality of Idar is advancing faster and faster, talents in the financial field are also indispensable.

For example, if Harlem was previously asked to plant tulips, if there was no suitable manpower to implement the plan, even though the Idar Principality had the ability to launch the Tulip War, it would not be able to implement it.

Coupled with the establishment of the Idar Savings Bank and the arrival of more and more merchants...

If the Principality of Idar does not have such talents, how can it be supervised?

How can we maintain price stability and promote steady economic growth?

Now Bruno is staring at everything in this respect, but...who is Bruno? He is the ruler of the Principality of Idar! With the gradual expansion of the commerce and economy of the Principality of Idar, how could Bruno have time to stare there 24 hours a day? !

Looking in the direction of Bruno's fingers, Isabel picked up the book that Bruno had placed on the corner of the table.

Although the densely packed mathematical formulas filled Isabel's heart with curiosity, the names that she had never seen before made her feel bewildered.

What discount rate, rediscount rate, interest rate swap agreement... these are all concepts that Isabel has never heard of.

"This is……"

"This is finance and economy, but it depends on mathematics."

"The task of you and Julian Heaton is very simple, that is, to cultivate the economic talents needed by the Principality of Idar. In a sense, this is also a deeper application of mathematics." Bruno explained.

That’s right, Bruno called Isabel for only one purpose, and that was the cultivation of talents~lightnovelpub.net~ With the end of the "Wine War", Julian Heaton had already left the Kingdom of Basel and returned. This piece of land is located in the eastern part of the empire and serves as the dean of the School of Economics.

It is perfectly possible to call Julian Heaton over and give orders.

but……

Bruno is surrounded by a bunch of men, and he is not bent, and it will inevitably feel dull after a long time.

And shouting a seductive girl to bully... Uh, no, it is an order, which is obviously more pleasing to the eye than pulling a man over.

"Well then... I will try!"

Hearing this, a bright color ignited in Isabel's eyes.

This is also related to mathematics?

Then dare to love it!

This thing... she will!