As we all know, there are many people in this world with many personalities, but no matter what kind of person they are... they will definitely be afraid, and they are especially afraid of unknown things. Generally speaking, when people are afraid, their first reaction is
It means running away. Corresponding to finance, it is called "risk aversion".
And now...
What Li Er did was to take advantage of this. As long as people have a tendency to avoid risks, they will examine which assets around them are safer, and as long as this examination occurs... people will become rational, and then many
Things will be easier to handle...
To put it more plainly and clearly, it is to actively detonate potential financial risks in Southeast Asia, causing a credit crisis in Southeast Asia's banknotes. And in the process of detonating, he quietly laid out plans on his own banknotes... Li Er's main idea is to
It is to promote the rise of Datang's banknotes after the proliferation of banknotes ptsd!
There is no doubt that such an effect cannot occur naturally, so Li Er also made great efforts to prepare before. After all, it requires a lot of costs to make a large-scale event that does not occur naturally occur. A simple example is buildings, which will form on the ground.
There are various mountains, but they will not grow buildings on their own, they can only grow by consuming costs.
The same is true for banknotes. Even something invisible and intangible like "credit" is essentially no different from "building". It is nothing more than consuming costs to construct...
So after the maritime merchants in Jiangdong were shocked by the wave of banknote abolition in Southeast Diao, Li Er began to act decisively and resolutely, and began to purchase banknotes everywhere in the Tang Dynasty!
Of course, it is not a direct acquisition, but various fictitious and forged "maritime business" vests are hung up to acquire it. The purpose... Of course, it is not because Li Er doesn't want to make banknotes anymore, and he also plans to recycle the banknotes and abolish the case, but
We must take advantage of this major acquisition and use the prepared capital reserves to maintain the price of banknotes...and, in turn, push them upward!
In this case, hehe...
When doing business, you have to worry about shopping around, and "asset allocation" is undoubtedly a business.
Of course, the maritime merchants would be inexplicably afraid of banknotes at first, and they would vigorously sell the banknotes on hand... This would place extremely high demands on the court's thorough and solid preparations for secret preparations. What if the court's prepared financial resources could not keep up?
If the price still collapses, it’s over.
Therefore, Li Er was also very nervous. This was definitely an operation like walking a tightrope, and the leverage was huge... And "leverage", which undoubtedly comes from modern finance, had a famous nickname in the long history.
"bet".
The so-called bet is the price of winning or losing.
Because this banknote was not created out of thin air by Li Eryi on a whim. In the final analysis, it was because the Tang Dynasty wanted to continue to develop, in order to make more people rich... and the factory industry wanted to continue to develop, and there was no more currency turnover.
Something will happen.
This understanding that "without more and sufficient currency turnover will definitely cause trouble" was only the bloody instinct of Li Er, Wei Zheng and his ministers who had gone through troubled times and fought for survival in the struggle for survival. Because of the existence of Li Sheng,
... Li Er also learned that this sense of crisis is not just a sense of crisis. If he handles it improperly, it will really turn into a crisis. Not only will the development of the Tang Dynasty stagnate, a country will not be able to continue to become rich and powerful.
At the same time, there will probably be civil strife... This is also something hinted at in the strange book "Currency".
Therefore, Li Er can only prepare as thoroughly as possible, and this requires a lot of capital. This capital...
Because now, banknotes have become a very subtle thing. For the common people, it is something between official authoritative currency and financial products, but for the royal family who control and control its value, this is
It is a pure financial product, and the ultimate goal is to turn banknotes into real currency, so...
Of course, capital cannot be currency itself, but must use gold and silver as a means. And to resist the banknote credit crisis this time, it is easy to imagine the huge amount of gold and silver needed...
Li Er's heart aches just thinking about it. Some time ago, the gold and silver reserves collected from strange banks in Hangzhou were large, but this time they were all wiped out in the blink of an eye. But fortunately, other than these...
The Tang Dynasty still had a lot of gold and silver reserves, and the reason is very simple. Although this time it was a one-time use of the gold and silver from the "windfall" made in Hangzhou, but in Southeast Asia... As mentioned above, Southeast Asia
The mountain bandits and bandits are all the good deeds of the forbidden army of Li Er faction.
In addition to these, there is another major reason for the collapse of Dongnan's banknotes, which is that Li Er printed counterfeit banknotes and circulated them in Southeast...
This is undoubtedly not a glorious method, but then again...
The Shenzhou Dynasty has always been the king of the Asian continent, and it will inevitably be responsible for all the people of the Asian continent in the future. In this case... Think about it if the Tang Dynasty failed in the strategic competition with Rome, then Rome would also destroy these small states.
Instead of doing this, it is better for the Chinese dynasty to use all kinds of resources to develop military and industrial affairs, so that at least there will be a chance to get some subsidies in the future, and it is better than being plowed by real aliens, right?…
…
So that's how things started.
However, having said that, Li Er is not at ease after all. This banknote is a new thing, and problems with currency and credit are also new problems, even!
It can even be said that... this currency and banking science is also a new knowledge.
No, this is not "can even be said", this thing is real new knowledge. And everything is unknown... So this big event has become Li Er's wise and powerful, and I can't help but feel
The level of fear... In the eyes of later historians, this is definitely a story that cannot be written in enough space in the history of the Tang Dynasty, but...
Li Er didn't know what the later historians would think of him. The most important thing for Li Er now was to take action first and go to Hangzhou to see his children. Only after seeing his children could he know what was going on?
It was in this tension that Li Er made another trip to Hangzhou... Of course, Datang now has steam trains, and with the construction over the years, there is now more than one railway line in either direction, north, south, east or west.
It is much more convenient to travel far away, and it saves the emperor all the trouble of going on patrol... After all, normally, as a king, you cannot leave the capital at all times. Of course...
Since it was so convenient, of course Wei Zheng came with him this time. Speaking of Wei Zheng, Fang Xuanling and others are also old, so logically they shouldn't be running around, but after all, they are going to see Li Sheng, so...