Chapter 1446: Insurance Federation
"Su Can, this time Changlong Bank closed down in Chu State, and the soles of his feet ran away. If it swept away the wealth of countless people in the Chu State for the rest of his life, this incident will not only be a huge blow to Changlong, but also the reputation of our Ming Dynasty banks. In the future, we will take down Chu State, and the impact of this incident may continue. Do you have any solutions to cure the consequences?" Qin Feng looked at Su Can, the highest commander of the Ming Empire Bank on the side.
"Your Majesty, we have prepared for this matter." Su Can stood up and said calmly: "From the beginning, we have prepared two accounts in the Chu realm. One is in the Chu realm, and this time it has been burned down, and the other is sent back to the Ming Dynasty. In the future, every time my Ming Dynasty occupied a place in Chu, Changlong Bank will immediately reopen in this place. At the same time, the original accounts in that place will be restored. Any Chu people who have deposits in Changlong Bank will return their money to them. I think this will also help the Ming Dynasty's effective integration and rule of this place. It will make them feel more likely to return to their hearts faster."
"This method is good!" Qin Feng nodded with satisfaction, "It seems that you have done a lot of work. By the way, you said you got the new version of the money-making template issued by Chu State. What do you want to do?"
"Your Majesty, we are preparing to launch a new round of financial offensive in Chu State to completely destroy the other party's economy." Su Can's smile remained unchanged, "For our Ming Dynasty, with this template, a large amount of imitating the new-style money-making of Chu State is not difficult at all."
"Wait a minute." Qin Feng stopped him, "What's the benefit of imitating their money, it requires a lot of copper. In our Ming Dynasty, there is not much copper. Is this a good deal?"
"Your Majesty, we imitate their money, and don't need much copper." Su Can smiled proudly, took out a few brand new copper coins from his arms and handed them to Qin Feng: "There are two of them here that we imitate, and two of them were obtained from the Chu people. Can Your Majesty tell the difference?"
Qin Feng looked around with four coins in his hand for a while, and weighed the weight, "There is no difference in appearance, this is a bit different."
"Ours are a little heavy." Su Can smiled and said, "Because our copper content is too small, even if it looks exactly the same on the outside, it won't take long to make the imitation change or fade, revealing his true appearance. Your Majesty, the cost of such copper coins we imitate is only one-fifth of the Chu copper coins."
Quan Yun came over with great interest when he heard this, took the copper coins from Qin Feng, and admired them: "So, we can plunder the Chu State again and poured this imitation money into the land of Chu in a large amount. It won't take long to completely destroy the credit of this new-style money-making."
"Yes. The State of Chu is already shaking now. With a force, it will be a waste of firewood from the cauldron. I'm not afraid that he will not collapse!" Su Can said with a smile.
"Can we imitate the money-making process in Qi?" Quan Yun thought for a moment: "The people of Qi have always adopted a severe ban on our banknotes, and we are not allowed to enter their territory. It would be great if we can use this money-making process to cheat them. In the next few years, it will be the time when Qi's economy is the weakest, and we will have the opportunity to get on the move!"
"This is a bit difficult!" Su Can shook his head and said, "If you want to imitate money and play a huge role, it requires a huge amount. Especially in Qi's economy, although it has been going downhill over the years, its size is too large. If you want to shake his foundation, it will require a large amount of fake money to flow in. We have no way to transport such a large amount of fake money into Qi. Unlike Chu, the economy has collapsed, and we also have a large number of channels to transport fake money into it."
"What a pity." Quan Yun said with some regret: "From now on your Imperial Bank, you should think of ways to leverage the big stone of Qi. Chu State is no longer able to do it, and the next step is to deal with Qi State."
"We will find a way." Su Can nodded.
"The chief minister said it very well." Qin Feng continued: "Look at what can I see if I can pry out a little bit of the crack, and then bloom like mercury, and then bloom everywhere."
During the actions of infiltrating Chu State in recent years, Qin Feng saw the huge power of financial weapons. Destroying a place's economy was silent. When everyone found something wrong, it was too late. Of course, this model might as well allow him to carry forward it. If the Ming Dynasty could repeat the story of Chu State in Qi State, it would be of no use for the future Ming and Qi battle for hegemony, so he would have taken control of the advantages early.
When the Ming Qi fights for hegemony, it is impossible for the Ming Dynasty to conquer Qin and deal with Chu. From the beginning, the two countries regarded each other as their biggest opponents and were extremely alert to each other. The consequence is that the final showdown will only be a head-on battle, with each other being beaten up to see who can last until the end.
Those who hold on to the end will naturally be the winner.
And in this long period of time, the economy will become the ultimate decisive factor. In the end of the war, all the energy and courage will be spent, and it will become a confrontation between national strength.
Qi is now full of internal troubles, but Qin Feng did not dare to launch a fatal blow to Qi at this time, because Qi, which seemed to be internal and external troubles, still had a very deep foundation. On the other hand, although the Ming Dynasty is now thriving, its national strength is becoming increasingly shallow and its foundation is too weak, which forced Qin Feng to swallow Chu first, take all the fertile land of Chu into his hands, and then rest and rest, and then dare to truly confront the other party after he has enough energy.
"Killing one thousand enemies will hurt yourself by 800. This time, in order to destroy the economy of Chu, it caused a large-scale panic in Chu. The losses of our Ming merchants were also huge. Yue Yao, are the merchants in the country dissatisfied? What arrangements did the Commercial Bureau make for this matter?"
Wang Yueyao stood up. After giving birth, she became much more plump, but she showed more feminine charm. Standing among a group of big men, she was like a crane standing out in the flock of chickens, and was particularly conspicuous.
"Your Majesty, many merchants in the Ming Dynasty did suffer huge losses in this matter, but unlike Chu State, our merchants in the Ming Dynasty did not fight alone. They have business associations in all walks of life. When the Federation of Commerce was established, those who joined had to pay a sum of membership funds, and then they had to pay membership fees every year. This time, we took out part of the losses of merchants in the Chu State to make up for it. Although we cannot completely make up for the gap, we will not lose all our money. Furthermore, this is a national action, and all merchants in the Ming Dynasty are willing to assume some obligations for the country. The Commerce Department is also preparing to make some more compensation for these merchants in the later stage, for example, prioritize them to contract national projects. Of course, accidental injuries to those small merchants who entered Chu State alone are inevitable. It is estimated that many people will lose all their money and lose some money, but these people have little capital, which does not hinder the overall situation."
Qin Feng nodded.
"And after this, the Commerce Department also discovered another business opportunity and is now in preparation." Wang Yueyao continued.
"What good opportunity did you find to make money?" Geng Jingming's eyes immediately became eager. Speaking of making money, in the Ming Dynasty, the Minister of the Ministry of Revenue was the only one who was attracted by the Minister of Revenue.
Wang Yueyao looked at Geng Jingming and smiled and said, "This time the Ming merchants' losses in Chu State were naturally prepared for the imperial court, but for ordinary merchants, they were unprepared for them. For them, it was a wake-up call, that is, accidents that they could not imagine will happen anytime and anywhere. So our Business Administration is preparing to establish an institution, and let's call it the Insurance Council."
"What is insurance?"
"Your Majesty, it is a compensation mechanism established to deal with various accidents. Every person participating in the insurance needs to pay a certain fee every year. In this way, if you have an accident, you will be responsible for using this insurance to compensate you. This will minimize your losses. I put forward this idea at commercial associations in various industries, and everyone's reaction is quite enthusiastic, especially in the field of maritime trade, which is even more impatient." Wang Yueyao smiled.
"The fee paid should not be too high. If it is too high, I'm afraid no one will do it." Qin Feng thought for a while and said.
"Of course, the fee paid is almost slim compared to the capital they invested." Wang Yueyao smiled, "That's why they can't wait."
"But in this way, will you lose money?" Qin Feng smiled and said, "I will explain it to you first. The treasury will not provide you with a guarantee. Geng Jingming's pocket is generally cleaner than his face."
A burst of laughter suddenly broke out in the room.
"How can you lose money?" Geng Jingming couldn't wait to jump out, "Director Wang, our Ministry of Revenue must participate in this matter. No, no, no, we must control the shares."
Wang Yueyao smiled and said, "Shangshu Geng wants to take control, okay, as long as you can get enough money."
"Dear Ministry of Revenue, isn't it..." Geng Jingming was relieved again after halfway through his words. Not to mention that he really has no money now. "At least the Ministry of Revenue needs to participate, I will find a way to do it. In such a business, how can the Ministry of Revenue stay out of the matter? Of course, he has to participate."
"Can you really make a lot of money in this matter?" Qin Feng became curious when he saw Geng Jingming performing this way.
"Your Majesty, of course you can make money. Actually, this is a probability event!" Su Can smiled and said, "Just like Hai Trade, everyone knows that the sea is unpredictable, but why are everyone rushing to this industry? Now the Commerce Department has to define the export share to limit the price of some commodities due to large amounts of exports to overseas? However, Director Wang, if you really want to make a lot of money, the details here still need to be carefully considered. I think you must need professional talents from our side. How about it? How about it? How about it? How about it?"
Chapter completed!