Treasury bonds.

In fact, Wu Nian does not know much about treasury bonds, but he still understands the most basic principles.

The country has no money, so it borrows from the private sector.

When the country has money, it can do things. For example, it is used to launch wars.

Now he issuing two types of national debts according to his cat and paints. Not to mention the bearer government bonds, registered government bonds are also a means to attract foreign businessmen and immigrate.

You keep the money here and I don't pay interest, but I can provide you with political protection.

The Mongols and Yuan people are not listed here.

But Wu Nian believes that people from Chu, Goguryeo, and Fusang will definitely buy such national debts.

It is either because of domestic turmoil or oppression by people above. A large number of rich foreign businessmen are in a very dangerous situation.

If you have a household registration and identity from another country, you can guarantee your own interests. They will buy it.

Of course, for these foreign businessmen, we have to investigate the background and be friendly to the Han people on weekdays.

To put it bluntly, issuing treasury bonds is still a way to monetize one's own credibility.

The first person to issue the debt was Wu Nian, not the Emperor of the State of Chu. Some people believed in Wu Nian and were willing to purchase the national bonds issued by Wu Nian.

This is the fundamental.

For Wu Nian, treasury bonds are not uncommon. As long as people in modern society, they should have heard of it to a greater or lesser extent.

However, it was unheard of for Liu Zhixing, Li Yong, Wang Youxiao and Gongsun Sang present.

Their first reaction was that it was not feasible.

Where can I borrow money from this country? Even if it is a different name, it is called a government bond. But when they think about it carefully, they think about it again.

"The general is wise. This national debt is unheard of. But if you think about it carefully, there seems to be no harm except embarrassment." Gongsun Sang's eyes shining, he raised his right hand and touched his chin, and said with interest.

"Mr. Gongsun hit the nail on the head. This national debt is too embarrassing. I object. How can there be a reason for a king to borrow money from the people?" Wang Youxiao frowned and expressed his opinion.

"If it is the people, borrowing money is indeed a shame. People dislike it." Li Yong took out his life experience in living in Beishan Fort and nodded.

He also looked up at Wu Nian. In the past, Wu Nian was a drunkard and a gambling man, and he often borrowed money. As a result, the dog ignored Wu Nian.

Which serious family who lives well and borrows money from others to live?

Don’t you save money on weekdays? Isn’t it just to encounter something and get through the difficulties?

"In fact, the key is not to borrow money, but whether you can repay the money in time. I probably understood what the general said. I just said that the bearer-name national debt, one year term, and interest is second."

"If we really make 200,000 taels of silver and throw all the money into the army, we can't even pay it back."

"One treasury bond is issued once a year, and no one buys the new treasury bond. Our credibility collapses. Going further, it will affect the credibility of the government."

Liu Zhixing was quite open-minded. After thinking seriously for a long time, he raised his head and expressed his opinions.

Wu Nian laughed, raised his head and said calmly: "What is embarrassment? If you get a million dollars, let me kill the Mongol people. I am willing to give it to the person who borrowed money to kneel down."

"If you benefit the country's life and death."

Wu Nian said calmness, but he had a captivating momentum. A real man could stand up and die while standing, not live while kneeling.

But national affairs are major festivals.

Personal honor and disgrace are trivial matters.

Wu Nian is willing to bow his head for national affairs, borrow money from the private and businessmen, regardless of personal honor and disgrace. What else can they say?

"General. I am ashamed." Wang Youxiao couldn't sit still, stood up and bent down and clasped his fists. Compared with Wu Nian's enlightenment, he was still too shallow.

"Don't be ashamed. What you said is right. If I have money, I wouldn't be willing to bow my head." Wu Nian waved his hand and said with a pleasant look.

Wu Nian's words immediately resolved the differences.

As long as it is beneficial to the country, borrowing money is a shame, and you will not be embarrassed to beg for food.

"As for repaying the money, of course I will not be able to rely on the debt. If I borrow money and don't repay it, I, Wu Nian, cannot do it. But there is one thing. Knowledge and action. You forgot to calculate it. We have 200,000 silver. With our measurement of land, we have opened a Maritime Bureau, and normal tax revenue. We can support 18,000 soldiers of warriors, for a long time. As long as we don't encounter a run, we will not collapse."

"As long as I do two things, I won't encounter a run."

"First. Our assistant general's office is an official who maintains integrity, efficiency as always, and maintains credibility."

"second."

Speaking of this, Wu Nian's eyes were filled with smiles. He said, "As long as I win, I seized 32 counties in the five prefectures and thirty-two counties in Liaodong. Isn't this 200,000 taels of silver, plus a little interest, am I still not at least?"

"My credibility is both the credibility of the country. As long as I keep strong, they are willing to buy my national debt. After all, three cents of interest a year are also interest. Many people want to eat interest, but they still can't find a way. I, Wu Nian, have such a good reputation. Don't they rush to lend me the money?"

Everyone had seen strong winds and waves, but after hearing Wu Nian's words, they still opened their mouths wide.

The general's words were so wonderful that they were simply impeccable and could not be refuted.

We borrow money from the people, and even from foreign merchants. We borrow money to support soldiers, raise soldiers, and pay money to capture territory. Once we win, we can use it to repay the money.

If there were five prefectures and thirty-two counties in Liaodong, plus the messy income of the Maritime Bureau, copper ingots, etc., and raising 18,000 war soldiers, it would be really careless.

But the only one who can do such a thing is the general.

It is said in the military books.

The war is indefinitely strong, and the water is indefinitely strong. Who can fully understand the war and ensure that you will definitely win? But the sign of the Liaodong Tiger is really a golden sign.

Many people believe that Wu Nian will win and will continue to win.

For example, Kyoko Snow.

Only Wu Nian said, "I will return the territory and pay you back the money." Only people will believe it. In other words, even if it is a swearing to God, it will be useless.

It's amazing to borrow money to fight.

Liu Zhixing slowly closed his mouth, took a deep breath, calmed down, and after raising his hand to Wu Nian, he clasped his fists and said, "General. I understand what you mean."

"Just issue government bonds."

"But I have some additions, too."

"For example, if the denomination of registered treasury bonds is issued at least 500 taels, and you can get a Liaodong household registration after holding for five years. So why do they have to buy 1,000 taels? I think if you are targeting foreign merchants, you can also give more discounts. For example, if you hold registered treasury bonds, you can enjoy tariff discounts. If the amount is huge, you can also get escort from the navy."

"Forcing those big businessmen to spend a lot of money to buy our registered government bonds."

Gongsun Sang focused his attention and said enthusiastically: "General. I also thought of a problem."

"This national debt. We have to do a good job in anti-counterfeiting. We not only have to stamp and make a stamp, but also have to make quite complex papers as carriers."

Wu Nian's eyes lit up when she heard this and nodded from time to time.

They are really three cobblers, better than Zhuge Liang.

Brainstorming is the king.
Chapter completed!