The discussion among the people was a bit heated, and Li Yuanxing laughed: "The third way to play is that people who originally held a large number of shares, in order to get some cash, sold some of their shares on the exchange. Just like the steel factory.
It is said that this initial issue has been put into the factory to expand production."
Li Yuanxing spoke again, and the surrounding area fell silent instantly.
This time, even Li Er came to the side to listen.
"At the beginning of the steel mill, half is issued. But it can also be issued 10%. Then after a while, the owner of the steel mill wants some cash to invest in other businesses, so he will sell his shares at the exchange price.
Get out some. Don't doubt why he sold it first, because the transaction price may be several times higher."
Falsely high several times!
This word awakened many heads of aristocratic families, but after they figured it out a little bit, they became even more confused.
Li Yuanxing continued: "If someone keeps collecting these people on the exchange, and when the money he owns is higher than the original owner, it stands to reason that the person with the most money should be the one who takes trouble in the steel mill. I don't know.
Is it reasonable to say this?"
The businessmen all nodded. Naturally, the one with the most connections was the one who had the most truth to his words. That was the big shopkeeper.
"So there are two types of sellers, one is to expand and the other is to exchange money. There is a qualitative difference. Since this transaction is conducted, there are naturally rules, not too many. The detailed rules have been formulated by Princess Mingyue, and
It is more than 300,000 words. Of course, for ordinary people who buy one-hand or two-hand dealers for fun, it is enough to understand the rules of 1,800 words. But for the publishers' business names, they must understand at least 30%. This understands 10%.
One is the Ministry of Commerce, the second is the Ministry of Accounts, and the third is the Exchange."
A businessman took two steps forward and asked if he could speak.
After getting Li Yuanxing's permission, the businessman said:
"Your Highness, Xiaomin's understanding is this. If the steel factory does not sell its members, its daily production of one thousand tons is already the limit. But if it sells its members, it can produce three thousand tons per day in half a year. The income will be at least three times higher. Except for the
Half of it will be given to the traitor, and he will get 50% more. This is a win-win situation!"
"That's right!" Li Yuanxing nodded approvingly.
Although the businessmen of the Tang Dynasty did not understand the complex economics of modern times, they had their own business acumen.
Li Yuanxing continued: "50% of the regular money is far less than 10% of the ten-dollar money. This is the true face of this game. Another reason is to use idle money to do big things, and also to provide money to ordinary people who have some spare money at home.
There’s one more way to make money.”
At this point, Li Yuanxing's tone changed: "Of course, there are rules for everything. So Princess Mingyue has formulated detailed rules. Buying short, selling short, buying high and short, these arbitrage behaviors that defraud the people are naturally not allowed by the exchange.
Judgment of crime, ranging from fines to confiscation of coins, to severe punishment from the Ministry of Punishment!"
It's good to have rules.
Wang Jishan thought about his coal mine in Taiyuan and wanted to open a few more wells, but he lacked funds. He originally planned to sell more coal and open it again next year, but when he thought about it again, Li Yuanxing's words made sense.
How can 50% of a regular amount of money be compared with 10% of a regular amount of money?
"Your Highness, my Wang Family Taiyuan Coal Mine, could you consider issuing two-component shares?"
"Issuance is okay, but it has to go through official valuation. How much is your coal mine worth? How much is 20%? There are rules for exchanging money with orders, or for expanding issuance. Yaozhou has printed the exchange rules in a book, and each set
Twenty copies, the same amount of money. There are also simple rules, only a dozen pages, ten cents. They will be on sale at Chang'an Bookstore in the next few days."
Wu Zhao has already returned from Jinghe Power Plant.
Li Er called Wu Zhao to his side and specifically asked Li Yuanxing what he meant by doing this.
Li Yuanxing did not discuss it in detail with Li Er. First, Li Er didn't understand it at all and it was too complicated to explain. Moreover, in the early stage, Li Yuanxing only planned to start a few small industries and try out the response in Chang'an City.
Wu Zhao was asked by Li Eryi and replied without thinking too much: "Money is money when it is transferred. Li Yuanxing wanted to let the money saved by many people at home circulate, so that the Tang Dynasty would become richer. In the early days, only Zhou Zhi used money to circulate.
Let the steel mill give it a try and see the effect. Because we don’t have much money, we didn’t ask Your Majesty specifically for your instructions!”
Li Er asked further: "What will happen if this matter gets serious?"
"If the entire Tang Dynasty is involved, the daily transactions can reach tens of millions, or even more. Then Datang's capital will be so strong..." Wu Zhao didn't know how to describe it.
Li Er said: "If the Tang Dynasty wants to go to war again, money is not an issue?"
"This... I don't understand Mingyue. In short, there is a lot of money, especially when the nobles and rich people from foreign countries invested their money in the Tang Dynasty's industry, so they did not dare to do anything wrong. For example, if the steel factory was destroyed, their money would also be lost.
No more, so for their money, the foreigners will be more comfortable, even the common people!"
So clever!
Li Er's idea may be different from the real stock market, but if the people of the entire Tang Dynasty are included, who will choose? If foreign money is also included, will they still dare to go to war with the Tang Dynasty? Once the war starts, the industry will be destroyed.
They are taking their own money and throwing it into the water. This is much more cruel than sheep eating people.
"I think there is no need to test, just let it go!"
"Your Majesty, Mingyue thought it would be a good idea to try it out first. Don't think of Li Yuanxing as a good person. Do you still remember that day when he said he would raise the price of wool? Li Yuanxing's next trick could be used by a million-strong army. Within a month, Gaochang would kneel down.
Your feet are licking your shoes. Your Majesty, you don’t care about sending Gaochang to my door to be annexed by the Tang Dynasty.”
Li Er sounded strange and asked: "Why didn't you use it before?"
"Because we didn't have this before!" Wu Zhao took out a small envelope from his pocket, which contained several pieces of paper.
The paper is very textured, thick but feels very hard. It has the words "Zhouzhi Steel Factory Thousand Copies" printed on it, as well as some surrounding patterns.
"Is there anything special about this?" After Li Er asked, he waved his hand to Eunuch Gao, signaling that no one would come near.
Wu Zhao first threw one piece into the water, and rubbed the other vigorously in his hands. Li Er also picked up one piece, rubbed it casually in his hands, and almost tore it apart.
Wu Zhao was tired and gave the paper to Li Er.
"The paper has become soft, but it is not broken. The quality of this paper is really excellent." Li Er praised.
Wu Zhao took out a brand new one and glanced at Li Er towards the light. There was a vague appearance of the main entrance of the steel factory inside. He took out the old one again. Although it was rubbed into shape, he could still see it.
The vague main entrance of the steel factory.
"Your Majesty, this thing cannot be fake. All the craftsmanship in Yaozhou are of special grade. Because this piece of paper represents coins, this piece of steel mill is worth ten guan, and it is likely to increase in value.
To one hundred guan. Does Your Majesty still remember that bank note? Such paper will be used in the future. Businessmen traveling far away can use the bank note to exchange for cash as long as there is a Datang bank. They only need to send a telegram.
Just go to the place where he exchanges banknotes to verify it!"
Li Er opened his mouth but said nothing.
Wu Zhao threw out another big killer weapon, and another piece of paper with a hundred words printed on it.
"Your Majesty, just based on Li Yuanxing's reputation, this piece of paper is worth a hundred cents on the market, because it cannot be faked. There is not much copper in the first place, but now it is used too much everywhere. It is a pity to use it to make money.
so……"
"Can this be used as money?"
"Your Majesty, you know that banknotes are already used by small businesses. As long as they can be exchanged for coins at the bank, people will not be afraid that these things are not money. I dare not say anything else. When it comes to coins,
, can Li Yuanxing’s face be used as money?”
"Face!"
After Li Er repeated the sentence, he laughed.
He believed Wu Zhao's words. Li Yuanxing's face could really be used as money when it came to coins. No one in the Tang Dynasty had ever doubted Li Yuanxing's credibility in coins.
"Your Majesty, please spend ten days first to let the people know how to tell the authenticity of banknotes in the Tang Dynasty newspaper, and prepare for the issuance in ten days. The amount cannot be too much. First, ten million banknotes will be issued in one year.
, we have the mountain of silver supporting it behind us, so we are not afraid that the banknotes in the hands of the people will not be exchanged for cash!"
Li Er only knows that power plants use too much copper, and anything related to electricity is basically copper.
Li Yuanxing and Wu Zhao did this just to save copper.
If the people changed it into coins, I am afraid they would all pay with silver coins.
But Li Er didn't know that banknotes are credit currency, and how terrifying it would be if this thing was issued falsely. Wu Zhao didn't dare to say this, and Li Yuanxing would never say it.
Just as he was talking, another row of lights came on in the square in front of the palace hall, and stones numbered with ink were placed on the open space. At this time, even Queen Changsun came out of the harem. She had also studied the original stone and planned to come in person.
Choose a piece.
"Female guests first, quarter of an hour." A eunuch shouted.
"Mingyue, let's go and see the gambling stones."
The merchants who were listening to Eunuch Gao bragging about how magical the hall was also quickly apologized and gathered in front of the square.
Naturally, men and women cannot scramble for stones in the stone pusher, so the female guests pick first.
Soon, a eunuch shouted: "Princess of Guangping County, choose stone No. 3362, weighing eight catties and four taels. According to the market value of gold in Chang'an yesterday, round it up! It is worth one thousand one hundred and sixty-three gold!"
Many people saw clearly that this lady, who was about thirty years old, took out a stack of papers from her sleeve. It was something similar to the checks of later generations. They only saw that the stack was full of thousands of notes. It was obvious that
This guy really came here to work hard to get a piece of treasure.
There is a telegram next to it, so I immediately send a message to the bank to check the number on it and the name of the person who deposited the money.
"The banker's ticket is correct, the banker's ticket is collected for one thousand guan, and one or two major silver coins, one hundred and sixty-three." The eunuch shouted at the side, and there was someone from the bank next to him who was responsible for recording. This banker's ticket has changed its owner.
"Do you want to open it on site or take it back and open it?"
"Open it right here!" Princess Guangping said loudly. Yesterday, she bought a copy of Yu Zhen'er's Stone Identification Tips through her own connections, and also found out that the yield rate of these stones is as high as 40%.
With a jade rate of nearly 80%, she couldn't believe that her luck and vision were extremely bad.
Not only the jade craftsmen in the palace, but also the jade craftsmen in Chang'an City called dozens of people.
Whether it is done by hand or with a grinder, there is a dense sound of stone cutting in the distance under the shed. (To be continued. Please search Piao Tian Literature, the novel will be better and updated faster!)