Chapter 2002 Bullfighting Dance VI
Chapter 2004 hidden path
As night falls, the lights are lit in the house. Although it is not summer, the windows are opened to let in the cool breeze, but there are still small insects flying around the lights in the room with the doors and windows closed.
After entering her bedroom, Bonaparte did not rush to get ready for bed, but spread out the map under the lamp.
"What you told me was to find a new center point from the scalene triangle and then form a new equilateral triangle." Bonaparte stared at Georgiana and said, "I have been thinking about the obvious things and forgetting about the other things.
A possibility."
"What?" Georgiana asked.
"Transfer the core industry from the textile industry to other industries." Bonaparte said.
"It's not that easy, Leon." Georgiana said sadly.
"What about this?" Bonaparte took a money order and put it on the table.
Georgiana looked at him confused.
"Issuing a bill of exchange is actually sending a sum of money from one commercial port to another commercial port or the location of a trade fair, and paying it in another currency. A bill of exchange sent from Lyon to Antwerp is sent in francs, the exchange currency of Lyon, and arrives in Antwerp.
Later, according to Dutch guilders, sometimes we encounter situations where the money cannot be withdrawn from the money order. We have encountered this before when we were marching. If you want to exchange the unexpired money order in advance, you have to pay an interest. This fee is called discount
, the most important thing for a merchant to do business is to recover the payment, and the most important thing for a merchant is reputation. The advantage of a bill of exchange is that it can fly in the air, and the merchant can let the cash flow without carrying heavy currency. During the Renaissance, Piacenza and San Giorgio
It is the commercial center of Europe. Piacenza is 10 miles away from Milan. The trade fair here was established by the Genoese. At that time, it was completely dependent on Spain's silver transportation. Because of the religious wars, Spain's access to the North Sea was cut off. They
Silver could no longer be obtained from the Atlantic and had to be detoured through the Mediterranean. This allowed the Genoese to seize large sums of the king's silver, which was circulated throughout Europe, especially in the Netherlands, which rebelled against Spain."
Georgiana opened her eyes wide.
"After the end of the War of Religion, the Thirty Years' War began again. Starting from 1630, the people who transported silver for the King of Spain became the British, and after the Thirty Years' War, they became the Dutch. Have you found a pattern?"
Nabal asked.
"Know."
"What is it?"
"Sea coachmen... the rise of the Dutch navy and its trade in the 17th century," Georgiana said.
"Not only that, you have to know that if Spain loses contact with her overseas colonies, then Spain will no longer need to compete with Britain for maritime supremacy, and France will become Spain's land competitor. At that time, bills of exchange and currency exchange formed
A triangle, Antwerp, Campo and Piacenza, this network covers the whole of France and Northern and Eastern Europe.”
"After Spain, France is their next target?" Georgiana asked.
"Compared with the huge potential wealth of the country, the Medici family's property is insignificant. Don't forget, what did the Medici family start from?" Bonaparte looked at her and said, "Lending with interest is nothing."
It was considered usury, so the church was prohibited from accepting money orders, but the church's profits were scattered across Europe, so they also encountered the same problem as the merchants, and they needed an agency."
"So they found the Medici family." Georgiana said happily.
Bonaparte sighed, "Why is the way to make you happy so strange?"
She was stunned for a moment.
"Come here." He waved to her and sat on the chair.
She walked over nervously and stood in front of him. He took her hand and asked her to sit on his lap.
"Were you unhappy just now?"
Georgiana stared at him expressionlessly for a while, feeling that he was in a good mood and wanted to coax her, so she deliberately turned her head in another direction.
"It is not women who make the decision in France, unless I die." He squeezed her hand and said, "When you become Queen Regent, will you be able to control France with your British husband?"
"Why do you think that?" she said angrily.
"It's not that I think that, it's that everyone else thinks that."
She gritted her teeth.
"Why don't you hit me?" He smiled happily.
She hit his chest with her fist.
He smiled and placed a bottle of wine on the table, then poured it directly into the teacup.
"Whether they want it or not, the church has washed away the sins of what they call usury, but they have one advantage, that is, there is indeed a sum of money transferred from one place to another, and commercial ports with trade often issue some money that is not worthy of the name.
Money orders, that is to say, there is no transaction between cash and physical goods, so the nature of money orders gradually changed, and issuing a money order is not something that one person can sign casually. It requires at least 4 people, and only a few people understand this technology. At that time, it was
The best compliment to a businessman is that he understands the money order business. Because the merchant has a good reputation, a money order issued by a business port will be treated as payment for the next business, paid to other business ports, and transferred to several business ports if the merchant does not exchange it.
After a round, the original money order returned to the original owner. The church considered this round trip of the money order to be a 'chain contract', which violated the spirit and rules of the contract and prohibited it. But it was too late, not only in Italy, but also in Lyon.
appeared, and the exchange mechanism was able to operate simply because bills of exchange were monopolized by a few people at that time. These Italian banker groups formed a network of relationships that covered almost the entire Latin Europe. They conducted business with merchants and monarchs who needed to exchange, and these bankers
Almost everyone in the city participated in the Renaissance." He handed a glass of wine to Georgiana and took another glass for himself.
"Cheers." He clinked his "wine glasses" with her.
Georgiana did not let him drink her glass of wine, but fed him with the wine in her hand.
"If the discount rate increases, someone will lose money on a transaction." She said softly, "But he can resell the bill of exchange, just like someone resells those bills of exchange that are not worthy of the name, right?"
"The risk is high," Bonaparte said after he had finished the wine she fed him, "but there are still people who will buy it."
"Money laundering?" Georgiana asked.
Bonaparte smiled, "Not everyone's money is reasonable and legal."
"You can't think that being reasonable and legal means that the source of the money is not sinful," Georgiana said.
"Then what else can we do?" He pinched her waist with his beautiful hands and said, "Please tell me a way."
"I'm beginning to understand why Hermes is the patron saint of business." Georgiana took the money order on the table, folded it into a bird, and then used magic to make it fly. "Sure enough, it flew.
Fly away."
He watched the bird flying in the room, and then glanced at the woman in his arms with a strange expression.
"Nothing else?" Georgiana stretched out her index finger and pointed at his soft belly, "This is the only oil and water in your belly."
"Businessmen may not meet each other, but the bills meet at the trade fair every year, the bills of exchange are cashed four times a year, and a large number of bills of exchange will be collected from all directions. These bills of exchange are just offsets, one claim offsets another debt, and these accounts will be completed in one morning
After the cleanup is completed, there is no need to use any cash. This kind of trade fair was held in Lyon before the 17th century. If there are still debts that have not been settled, they can be moved to the next trade fair, but the discount rate will be calculated according to the local price.
.”
She tilted her head, "Do you want to move this kind of trade fair back to Lyon?"
"I can not reduce tariffs, but only if the money order exchange business in London must be transferred to Paris."
"Do you think that is possible?" She patted his forehead, breaking his wishful thinking. "The exchange will definitely require cash reserves. Do you want the Bank of England to transport their gold reserves to you?"
"Can London and Paris take turns holding trade fairs?" He picked her up and walked to the bed.
"Go to sleep, my midnight elf." He put her on the bed and said softly, then turned back to the table and continued to look at the map and start imagining.
She turned her back, not bothering to pay attention to this delusional man.
How could such a thing be possible? It's really bizarre.
Chapter completed!