Chapter 730 My heart was greatly shocked

Lu Yunluo was afraid that they wouldn't understand, so she explained, "It means selling the debt of the treasury and letting rich people buy it."

Tang Mingyue and Prime Minister He were stunned in place.

Can debt still be sold?

And it’s still a debt to the national treasury!

This subverted their previous understanding.

Tang Mingyue was stunned for a long time, and finally asked weakly, "Will anyone come to buy it?"

You know, this is debt.

Are people really that stupid to spend money on debt?

In her eyes, this is simply a fool who would do this.

Prime Minister He looked thoughtful, "This debt should not be free."

Lu Yunluo chuckled, "The Prime Minister is indeed smart."

"What do you mean?"

Tang Mingyue was a little anxious.

Lu Yunluo sat down and said calmly, "What this means is that if you buy a three-year treasury bond of 10,000 taels of silver, after maturity, it will give you 11,000 taels of principal with interest."

Tang Mingyue was dumbfounded.

Can it still be done like this?

"But in this case, wouldn't the court lose money?"

For ten thousand taels, you have to pay one thousand taels. Isn’t this a loss-making business?

Lu Yunluo glanced at Tang Mingyue and said, "The money collected is not for you to put into the national treasury."

"Not releasing the treasury?"

Tang Mingyue didn't understand even more.

If not put in the national treasury, where should I put this money?

"Of course I will use the money to invest."

Lu Yunluo said with a smile.

"Sir, please stop being pretentious and finish it in one go."

Tang Mingyue said anxiously.

Prime Minister He on the side also looked at Lu Yunluo. She also wanted to know how this loss-making business could make the court make money.

Lu Yunluo pointed to the bank on the opposite street and said, "Did you see that bank?

After the imperial court took out the money from the pockets of the rich in the form of national debt, part of it was used for the expenses of the imperial court, and the rest was used to acquire all the banks in Nanjiang Kingdom."

This time not only Tang Mingyue didn't understand, but even Prime Minister He didn't understand why he did this.

In their opinion, this bank only has the function of solving the problem of inconvenient carrying of large amounts of money when going out.

What benefits can the merger and acquisition of such a bank bring to the court?

Lu Yunluo poured herself a cup of hot tea, her starry eyes reflected in the shaking teacup.

"When all banks are centralized and in the hands of the imperial court, people can be encouraged to deposit money at home to banks on a regular basis, and they will also be given a certain amount of interest based on the amount and term of the deposit. As long as the people know that they can still save money.

When it comes to making money, people who have extra money in their hands will definitely deposit it in banks. In this way, the imperial court will control most of the cash in Nanjiang Kingdom."

Lu Yunluo continued, "But this is not enough. We must also launch a private lending business. This lending means lending the collected cash to those in need with interest. Of course, the borrower must

Loans can only be made if certain requirements are met, and this is the source of the bank's long-term income."

In modern times, this financial system has developed very maturely.

But in this dynasty.

The appearance of money banks was still short-lived.

Their functions are relatively simple, and the state has not yet realized the importance of banks, and they are basically privately owned.

She originally planned to implement it in Donglan Country first, but in the end she asked Nanjiang Country to pilot it first.

Hear this.

Tang Mingyue looked shocked.

That big mouth didn't close for a long time.

And Prime Minister He's eyes, which had always been calm, were gradually filled with surprise.

The problem of empty treasury that had troubled them for many years was actually solved by the saint in just a few words.

Not only that, it can also bring a steady stream of huge benefits to the court.

The cash silver of the entire Nanjiang Kingdom.

By then everything will be in the hands of the imperial court!

Prime Minister He looked at Lu Yunluo, who was lifting her veil and drinking tea, and was greatly shocked!

Where did your Majesty find such a genius in governing the country?
Chapter completed!