"Your Majesty is wise and wise, and can discern thousands of miles. That's what Mr. Takada Haruno said.
Therefore, in order for other families to accept our food stamps, we must find ways to make them, like merchants, recognize the value of food stamps, be eager to obtain food stamps, and actively reserve food stamps.
This is why Mr. Takada Haruno hopes to achieve success in the securitization of trade routes and the financialization of land."
Yiyin laughed twice.
"This guy Takada Haruno, what does she want to do?"
Ishida Mitsunari was actually a little confused, but she had to explain to her master a concept that she didn't quite understand, a new financial concept that Takada Yono learned from the Netherlands.
she said.
"Takada Yono-sama wants to securitize the Hokurikudo Trading Road and formally divide the market share into the number of shares, such as 10,000 shares.
At the beginning of the cooperation on the Hokuriku Road Trading Road, each family's dokura participated in the project through loans. Due to the lack of investment opportunities, Takada Haruno-sama borrowed a large number of dokura loans at very low interest rates.
However, by doing so, Tucang’s profits are not high, which is not conducive to attracting all parties to deepen cooperation with us and seek common development.
Afterwards, most Tokura agreed to Takada Haruno-sama's suggestion and converted part of the loan into shares to enjoy the business share and profit dividends of the Hokurikudo Trading Road, which was a debt-for-equity s
Therefore, partners currently participating in the Hokuriku Dou Trade Route basically enjoy development dividends such as loan interest, commodity quotas, income dividends, etc.
But the specifics of how to participate and how to distribute profits are still determined by the conditions negotiated one-on-one between us and each company, and the dividends enjoyed by each company's shares are very different."
Yiyin nodded.
"Takada Yoshino wants to formalize the cooperation between my family and all parties, and use a joint-stock system to unify the dividends that each family enjoys on the Hokuriku Road trade route. Is this what you mean?
But I still don’t understand what benefits this will bring to each company, and why do they support us in securitizing the Hokurikudo Trading Road?”
Ishida Mitsunari sighed.
“The unification of dividend standards for joint-stock systems is for the purpose of buying and selling shares.
Originally, the Hokuriku Dou Trading Road was growing at a rapid pace and its value was inestimable. The shareholders were enjoying profits that doubled or even tripled a year. Of course, they were unwilling to sell their shares.
But now, the development speed of the Hokuriku Expressway has slowed down, and the earnings per share have also stabilized.
For example, if a large market of 3 million guan is counted as 10,000 shares of capital, and the net assets per share are 300 guan, if you can earn 10% of the income every year, it will be a business that pays back its capital in ten years.
Although there are not many businesses that can pay back their capital within ten years, they are more stable than before. They will definitely be willing to buy from many small merchants, small temples, and small samurai families who did not have the opportunity to participate in the Hokuriku Road trade route cooperation.
However, the development of the Hokuriku Road trade route is still ongoing. It is impossible for someone to buy the net assets of three hundred guan with three hundred guan, and the purchase price will definitely be increased.
We are the only ones who know that the development speed of the Hokuriku Dou Trade Road is declining, and the major shareholders will soon know it, but the small shareholders who want to buy shares do not know it.
We can unite with major shareholders, control most of the shares, and sell a small number of shares at a high price.
Although the future development of the 3 million guan Hokuriku Market may only be 4 million guan or 5 million guan, the total share capital can be increased to 8 million guan or 10 million guan through a premium.
Use the share premium to replace the development growth rate of the Hokuriku Expressway and continue to maintain the high returns of the Hokuriku Expressway.
The major shareholders who cooperate with us still enjoy the huge dividends from the development of the Hokuriku Expressway, and this is the benefit of the securitization of the business route."
Yiyin was stunned.
Takada Yono's idea for the securitization of Shanglu sounds like the Spurs teaming up with major shareholders to do an IPO in the primary market, with small shareholders buying and selling liquidity in the secondary market. It's so avant-garde.
The actual profit of Hokuriku Doro Trading has slowed down, but as long as the pie is painted well, small shareholders' expectations for the future will unconsciously increase the equity premium, pushing the stock price to the sky.
The major shareholders only need to sell a small amount of equity to cash out a large amount of money. Of course, they are willing to cooperate with the Spo family to complete the securitization of the trade route.
Yiyin couldn't help scratching his head.
If Takada Haruno continues to play like this, the Tulip Bubble, as the world's first speculative activity, may be snatched away by her, and the Hokurikudo Trade Route Bubble will take the first place.
Yiyin thought for a while and said.
“The securitization of trading routes can indeed extend the period of high profits of the Hokuriku Expressway, but dreamers will eventually wake up from their dreams.
In the end, everyone realizes that the Hokuriku Road trade route has reached its limit, and they will sell off their high-priced shares at all costs, causing a mess.
What Takada Yono did was to drink a dove to quench his thirst, which is inappropriate."
Ishida Mitsunari said.
"Ms. Takada Haruno also has this consideration, so she wants to monetize food stamps first and requires people who participate in share trading to hold a certain number of food stamps.
If you want to get the stock dividends of Hokurikudo Trading Road, you must first purchase a portion of the food stamps, and then purchase a corresponding number of shares based on the number of food stamps.
By doing this, the number of shares in the hands of most small shareholders will be limited. As long as we coordinate our positions with the major shareholders, there will be no panic about large-scale selling.
Secondly, the food stamps have the value of being used as tickets for the Hokurikudo Trading Road shares, which will give many people the idea of storing food stamps, which is also good for the monetization of food stamps."
Yi Gin shook his head, this is a way to get new tickets, Takada Haruno is so good at it.
In order to create new shares, shareholders, large and small, will consider reserving some food stamps for emergencies, which will help stabilize the value between shares and food stamps.
Yiyin sighed and said.
"It's still too dangerous and we can't really control the behavior of major shareholders.
If there is a huge panic one day and major shareholders are shaken, they will also join the sell-off, and even food stamps may be sold together.
If the Hokurikudo Trading Road Co., Ltd. brings the food coupons to Japan, it will be a catastrophe and a catastrophe."
Ishida Mitsunari looked strange and said.
“So in order to prevent the economic collapse caused by the selling of stocks and food stamps, Mr. Takada Yono put forward the third suggestion, the financialization of land.
She hopes that you can open up land transactions in castle towns in various places in the Spur Territory and allow some licensed lands to be bought and sold freely, but only with the use of food stamps.
Food stamps can take advantage of land sales to cushion selling panic, thereby stabilizing the value of food stamps and also stabilizing the value of shares in the Hokuriku Dou Trading Road."
Yiyin frowned.
"Specialize the free sale and purchase of part of the land in the castle town? Is this useful?"
Ishida Mitsunari asked solemnly.
"Your Majesty, what do you think is the most valuable thing in this world?"
Yiyin shook his head.
"Let's be honest, what other crazy idea did you and Takada Haruno come up with?"
Ishida Mitsunari smiled sheepishly.
"If there is a cloud in the sky, it is better to be a peace dog than to cause chaos and leave people. The most precious thing in troubled times is safety. How many people are displaced and just want to sleep peacefully for a night."
Your Majesty is very benevolent, righteous and powerful. In the past four years since the establishment of Sibo Territory, it has been peaceful and peaceful. Compared with the smoke and fire everywhere outside, it is simply a paradise.
Although we have had threats from the Rokkaku Sanhao one after another, their military strength has never reached the level of recent waves.
The territory is even more harmonious, especially after the Sibo establishment was established. Village fighting was strictly prohibited, and those who owned an establishment and engaged in private civil strife were deprived of their establishment.
Most of the local servants with status in each village are meritorious ministers with Spo's establishment.
Zhu Ji was eating a generous annual salary of rice, so naturally no one dared to make a mistake and lost their hardcore crops for a trivial matter.
Your Majesty, the Spur Kingdom has been without weapons for four full years, which is the only miracle in troubled times. This sense of security is worth a thousand dollars.
There are not many large cities in Spur Territory that can build castle towns. They only need to include part of the castle town land in the charter, allowing free trade. Even if the samurai family of the hostile force comes to buy it, there will be no interference.
Street shops, hotels, taverns, and houses for various purposes built on the land can provide stable income and allow buyers to own a permanent property because they are not troubled by war.
It is extremely precious to nobles who are tired of war threatening their lives, to warriors who are worried about defeat and losing everything, and to businessmen who are worried about the safety of their warehouses.
You are the elder of Genji, the Ashikaga military god, and the incarnation of Bishamonten. You are a person of great benevolence and righteousness that is respected by people in the world.
As long as you promise that the Si Bo family will not interfere in the sale of these concession lands, it is a promise worth a thousand dollars, and no one will worry about you turning your back on your debt.
With your prestige and support, Spo Territory has never experienced turmoil. Someone will definitely think of the cunning rabbit's three caves and put part of the property in your territory to leave a way for the continuation of the family.
Even your enemies admire your character and are not worried that you will break your promise. They are still willing to settle an estate in Sporing.
Let me be disrespectful, if Miyoshi Yoshitsugu knew about such a good thing, she would not be able to help but leave some money for herself in Shibo to save her family wealth.
After Miyoshi's defeat, at least she can go to the castle town of Shiba and live as an apartment without having to worry about losing everything."
Yoshigan couldn't help but sigh when he heard Ishida Mitsunari's inconspicuous flattery, even Miyoshi Yoshitsugi, the Miyoshi family governor, could be teased.
"You and Takada Haruno can really think of everything.
Miyoshi Yoshitsugu is a rebellious minister identified by the shogunate. How can I violate justice and protect such a rebellious minister?
But, if her innocent family members come to settle here, I will not implicate innocent people."
When Yoshihiro said this, he not only agreed with Harano Takada's land financialization to stabilize the value of food stamps, but he actually had more in mind.
The key point of political struggle is to find ways to gain more friends and fewer enemies.
The growth of the Shiba family's strength has not been very good, far less than Yoshihiro Shiba's personal appeal and influence, but Oda Nobunaga's power is getting stronger and stronger, and his territorial mobilization power continues to expand.
Yoshigan has been worried about whether he can block Oda Nobunaga's full blow on the day of Shiba Oda's showdown. No matter how famous he is, it is useless in the face of the absolute power gap.
Oda Nobunaga also has a very obvious shortcoming, that is, she is too realistic and utilitarian in her work.
Maybe this is not a shortcoming, because if she was not realistic and utilitarian enough, the Oda family might not be as prosperous as it is today.
However, he has developed from a rural daimyo in Owari half country to a powerful daimyo with several kingdoms. His reputation as a mean and unkind person was not conducive to Oda Nobunaga's rule.
You have strength, but your subordinates feel insecure. You can share the hardships, but when you share the joys, the subordinates have to worry about being kicked away by the master all the time, which is not a pleasant feeling.
If the Oda retainers also feel that they are not stable and are willing to buy an estate in Shiba, how entangled will these Oda retainers be when the day breaks up between Suba and Oda?
Moreover, it seems that it would not be difficult for Yoshigan to guide Oda retainers to come to Shiba Ryor and invest in the castle town.
The main body of the Iga Maeda retainers group under Maeda's interests are old samurai from the Shimo-Owari four counties, and are inextricably linked to Oda Nobunaga's old team.
There is also Maeda Toshiie who is led by Owari Shiba. Her relationship with the Oda retainers is particularly good, so good that even Oda Nobunaga is afraid of her.
Will the old Owari samurai, who has been gradually neglected by Oda Nobunaga, choose to establish some permanent production in Shiba with two Maedas helping to play the role?
The old samurai who had made a lot of money from the expansion of the Oda family and just wanted to live a good life were now forced by the ambitious Oda Nobunaga to make progress and continue to race with the newcomers.
Who can guarantee that when Oda Nobunaga gets angry one day, he will turn his back on others and tell an old samurai who wants to go out of his way?
Lin Xiuzhen and Ando Mamoru were not far behind when they were exiled. Everyone saw and knew how Oda Nobunaga treated the lying Oda retainers.
Based on Yoshigan's understanding of the Oda family, the old heroes of Owari would definitely be willing to allocate some of their wealth to settle in Shiba Ling. There are also relatives and fellow villagers in Shiba Ling who can help them.
From the perspective of the Shiba-Oda dispute, these old Owari warriors who settled their wealth in Shiba territory will be the most determined peace faction among the Oda retainers, which is very beneficial to the Shiba family.
Yiyin's eyes gradually became firmer and he said.
"I agree in principle with Takada Yono's three new economic plans, namely the monetization of food stamps, the securitization of trade routes, and the financialization of land.
You and Takada Haruno will submit the details of the plan as soon as possible for me to read carefully, and strive to complete the plan this winter, negotiate with all parties, and implement these three new economic plans as soon as possible."
Ishida Mitsunari bowed seriously.
"Hi!"
From her standpoint, she was actually very uneasy.
The new economic plan is accepted in principle by the Lord, which should be a good thing for her.
She can earn more wealth through the new economic plan and ensure that the wealth of the Spozhong Fund continues to increase in value, enough to meet the payment of Lumi annuity.
But the problem is that these plans proposed by Takada Harano are so surreal that Ishida Mitsunari has no idea at all.
Maybe by following this plan, the Spo family's economy can be prosperous for several more years, but what happens after that?
Who can guarantee whether these new economic plans, which Ishida Mitsunari himself cannot understand, will bring the entire Shiba family into a ditch.
If something terrible happens, Takada Haruno will definitely be dead, and Ishida Mitsunari will also feel uncomfortable.