Chapter 65 / The creator of the miracle of Nanling
PS: 3,600 chapters, please give me a guaranteed recommendation on Monday.
PS2: The entire currency part ends here. I suddenly feel a little regretful. I haven’t written this part in detail. Students who don’t understand the economy at all may have a headache... But maybe it’s better to read it like this? Well... I haven’t written such a subject before... I don’t know which one is better.
.
"But the opportunity to mint coins is not available every year. That year, I just killed the consul in charge of finance. No one knows what I plan to do next - because even the team of Citibank I brought back from outside."
Yiwen Ian explained it over and slowly walked out from behind Edishil and walked around to the front of the table.
Yiwen Ian put his hands on the desk, staring at Adeshill's beautiful and beautiful golden eyes, and said in a relaxed tone: "Of course, just this is the only way, it cannot make those very few people make up their minds. So in the end I gave them an unbearable powerful temptation-that is the territory bonds of Nanling."
"Before borrowing money, you have to consider the situation that the other party has no ability to repay. This is a matter of knowledge and natural." Yiwen Ian spread his hands, "Before Citibank, most of them borrow money between nobles and nobles, or between nobles and civilians, and civilians, were violent, and it was nothing more than this. As the Duke of the Silver Rose family, the head of the Nanling Prefect Feldnan, is the supreme commander of the Nanling Empire Legion. Such powerful forces are both advantageous and disadvantageous when putting on a bank."
"The advantage is that no one dares to owe us money except the other three imperial dukes and His Majesty the Emperor; and the disadvantage is that no one dares to lend us money except the other three imperial dukes and His Majesty the Emperor - of course, it is different to take advantage of violence and decrees."
"So I took out the concept of Nanling bonds in the name of His Majesty, and promised that under the witness of His Majesty, Citibank will use territorial taxes as collateral to seek financing from the entire empire."
"This..." Adeshel quickly reacted, "Master Yiwen, haven't you said before that debt is actually using future money to buy the present things?"
"So, those who are smart enough can realize this immediately." Yiwen Ian smiled, "Treasury debt... no, Nanling debt is a huge cake and temptation. People who are smart enough can immediately understand what is hidden in it, and they can buy the entire Nanling like a church, and once the plan is successful, the benefits they can get are even more irresistible."
"So as long as they are greedy enough, no matter whether they are smart or not, they will jump down. Merchants are pursuing profits. This is a law for thousands of years." Yiwen Ian spread his hands, "At this point, this cage and pie is almost drawn. People who cannot see clearly are just the slimness in the situation, and those who see clearly will choose to compete with me on this huge currency battlefield."
"But... in this case, if they consider the depreciation of the Wuyin coins, it is almost impossible for them to win, right?" From the perspective of a latecomer, Adeshire quickly realized the advantages in Yiwen Ian's hands.
"The inertia of thinking." Yiwen Ian knocked on his head, "The silver coins and gold coins of the Empire have been in the form of silver and gold coins for 400 years since the founding of the country. This is the embodiment of the power of the Empire. In the end of the Field Dynasty in the predecessor of the Empire, prices soared and depreciated coins were considered to be declining. Therefore, no one in the entire empire at that time thought that I dared to depreciate the silver coins. Perhaps even the smartest people just thought that I was trying to pull the market value of silver coins back to its original level - absorbing the market hot money from the market, and then investing it into territory development and large-scale construction projects through the bank financing channel - this is what they can consider, the best for me and the worst for them."
"But there is no way. Not everyone can see as clearly as those smart people, otherwise there would be no financial bubble and tulip crisis." Yiwen Ian said it smoothly, and unconsciously told two previous life cases. Edishil was a little confused when he heard it, but she did not interrupt him, but she just secretly wrote it in her heart, intending to go back and check it in related books. "Because there were so many temptations before, when Citibank was really established, it almost instantly obtained a large amount of silver coins from the Nanling nobles. With this huge amount of funds as support, Nanling took it for granted that there was no need to continue to mint and raise funds."
"The flow of capital in the market pays great attention to the factor of 'momentum'. A powerful currency promoter can use the money in his hands to take advantage of the situation and obtain huge benefits. A powerful capitalist can even create 'momentum' and go up against the current." Yiwen Ian said with some emotion, "But it seems that the latter has not appeared in this world. The former can only follow the trend of the huge black silver coins returning to the flow: choose to withdraw, or choose to invest all the silver coins in his hands and compete with me."
"Of course, it is not ruled out that some people have been optimistic about me in this currency war, thinking that I can definitely push the exchange rate of the Wuyin silver coins back, and chose to hoard a large number of Wuyin silver coins, intending to use these Wuyin silver coins to run the imperial silver coins to earn the exchange rate difference - this is not necessarily because they are optimistic about my talents, but the depreciation of Wuyin silver coins has reached a limit after all, and there has not been a rebound for so many years, and even some people themselves have felt shaken."
"When those who chose to fight against me also deposited all the black silver coins in their hands into the bank, intending to drag down Citibank and my Yin Rose family through runs and high interest rates, the entire 'sheep pen' was officially taken."
"Remember December 393. "Yiwen's pause," this late autumn and early winter season was the time when the nobles had the most spare money. With this as a sign, Citibank obtained nearly one-fifth of the huge capital of the entire Nanling. Do you know what this is? At that time, the ten vaults we used to store silver coins were all filled, and even the mint coin workshop was full, all of them were filled with black coins - this was the case when I had already stated that I only collected black silver coins."
"One-fifth..." Adeshel was a little shocked. She silently estimated in her heart, "The market value of the circulating currency in the entire Nanling market is about 300 million wuyin coins, and the largest number of Nanling black silver coins is about 120 million, while one-fifth is 40 million, and eight percent is...3.6 million wuyin coins..."
"It's actually 7.5 million silver coins." Yiwen Ian corrected Edishir's statement, "because the minimum mortgage period is two years."
"This is a very huge amount. It can be said that if I really plan to raise the exchange rate of the black silver coins by using the bank to make money, just from the huge interest rate, it can be confirmed that it is almost impossible. Even if it is achieved, it will consume a lot of energy and get no benefits."
After thinking about Yiwen Ian's words, Adeshel followed suit and said: "...Is it because I have money and have no place to spend it?"
"Well, that's right, the initial Nanling could almost be said to be extremely devastating. Industry and agriculture were messed up by years of war and tycoons and taxes." Yiwen Ian criticized his father's poor business territories without any suspicion. "If you want to restore such Nanling, the initial investment is huge, but the effect is very slow, and there is a huge pressure from the sword of 7.5 million black silver coins. Once the two-year deadline expires, I cannot fill this huge interest gap, and I will enter the abyss of brisk recklessness... and export the entire Nanling."
Adeshel didn't speak, 7.5 million black silver coins were just a small number for the Nanling Kingdom during the period of Quansheng, but for the Nanling today, it was no less than an astronomical number.
"When Nanling needed money, the silver coins on the market were less than 120 million yuan, and when Citibank was established, nearly 40 million yuan of hot money immediately emerged. If there were no one behind the scenes, even ghosts would not believe it." Yiwen Ian sighed, "But these people had a good idea. They wanted to keep Citibank to death through a large amount of hot money inflow. And according to my estimate, this is not all their funds."
Looking at Aidhir's somewhat puzzled expression, Yiwen Ian explained to her in detail: "Generally speaking, the initial 'bank' of the Empire was not like our Citibank, which mainly used project investment to obtain project profits. Instead, it mainly used loans and outsourcing, as well as deposits and withdrawals in other places to obtain price difference and handling fees. Occasionally, big bankers will use their hot money to operate the market, buy high and sell low, and speculate, but this is the limit of old-fashioned bankers."
"So although Citibank's 8% interest rate is indeed a little higher, it's still a bit small compared to the interest rate of 10% and 20% usury." Yiwen Ian saw Edishil showing a sudden expression, and he couldn't help but nodded with satisfaction. Edishil was very smart and realized the mystery, but he still finished it in full. "And these 'smart' guys did not come for Citibank's interest. They wanted to kill Citibank and enclose the entire Nanling into their own pockets, so letting Citibank take this huge amount of funds is only the first step in their plan."
"Next, they need to use another hot money in their hands to block Citibank's financing channels. If Citibank gives a monthly interest rate of 20%, they will give an annual interest rate of 20%. If Citibank gives a annual interest rate of 10%, they will give an annual interest rate of 8%, so that Citibank can hold huge sums and then be crushed to death by this terrible trend of profit-making, because it cannot pay off its principal and interest funds."
"They have a wonderful calculation." After listening to Ivan Ian's analysis, Adeshel couldn't help but put down his pen, "But you just reduced the silver content of the black silver coins, and they all lost."
Edishil looked at Yiwen Ian with a little shiny look. With the past month of contact, she became more and more aware of the preciousness and terror of the black-haired young man/teenager in front of her. If it were her, she would have been defeated in this strange currency war and would have been crushed to pieces. But for the man in front of her, all the crises and designs were exposed by his black pupils in an understatement and then easily shattered.
That was just a lightweight means to improve the rural, commercial and industrial system of Nanling, and then reduce the silver content of the black silver coins in Nanling to cause the "factual depreciation" of the currency.
This is a terrible enemy. He was clearly enough to completely overturn all his enemies to the ground through the incredible industrial takeoff. However, in order to crush them to pieces and put them to death, he could no longer get up and harm the people. He would rather reduce the silver content of the newly minted silver coins and return the exchange rate of the black silver coins that had returned to the absolute trough of 5:1, and to destroy them severely!
He wants to devalue the black silver coins, and he wants all the people who hype the black silver coins, and those who are associated with the black silver coins, to be furious, indignant, panic, grit their teeth, and then to be powerless, desperate, silent, and silently watch the trapped black silver coins shrink in their hands--
Or let go of your hands and put them on the market and let them create new wealth.
Adeshel suddenly realized that this man... from the beginning, he did not take Nanling, Silver Rose family, or his own interests seriously, so he stood higher and farther than all his enemies, but instead walked ahead of all his enemies and gained huge wealth that his enemies would never obtain in their entire lives.
Ability, opportunity, vision, and vision are gathered together and in the hands of the same person, which is the miracle of the rise of Nanling in the past ten years.
And the man in front of me, his fiancé, Yiwen Ian, is this miracle—