Li Min's words shocked everyone present.
That was a revolutionary change.
From now on, I can carry huge sums of money with me. Don't worry about having too much money.
Especially people who go out to do errands.
Wu Jue said: "If this is the case, then the businessmen will have a wider range of business opportunities! As long as they have these banknotes! And with the existence of our Shengtang Group, there is no business that they cannot do."
Su Mei said: "If this is the case, they don't have to be afraid that their money will decrease artificially."
Sometimes silver becomes lighter because someone steps in to deduct the silver metal and mint new money. This is something that costs nothing. It's different if it's paper money. One is one, and one hundred is one hundred. It won't depreciate because the paper becomes smaller.
Ji Ruxue said: "One more thing, you don't have to worry about being robbed. No one knows how much money you have on you. It's not like before, where you have to pay for each truckload of money and transport it. It's very inconvenient and makes it easy for you to get rid of it." People are watching.”
"Moreover, the liquidity is stronger, so you can increase investment!"
Kong Jingting said.
This is what everyone can think of, and it is also a criticized shortcoming of metal currency.
Li Min nodded.
"You are right, that's it. In the future, banknotes may be used to directly replace metal currencies!"
he said.
As soon as these words came out, the four women were puzzled.
After all, this is beyond their knowledge.
In their opinion, metal currency cannot be completely replaced because it is valuable in itself.
Besides looking good, banknotes seem to have no other value.
But Li Min believes that these values are given by people.
Won’t the same be true for paper money in the future?
But it is inevitable that banknotes will depreciate in the future.
Metals like gold can preserve value and serve as a safe haven.
All this will be controlled by the market.
For now, he wants to make a change first.
"Zili, wait, can you let me take a look?"
Ji Ruxue asked.
"Look!"
He handed the paper to the four women.
They looked carefully.
Su Mei first saw the words on the banknotes.
"Shengtang Bank? What is a bank? Is it a business related to silver?"
This explanation seems to make some sense.
But that’s not really what it means.
"It is a business that operates deposits, loans, exchanges, savings and other businesses and issues currency!"
In fact, the Shengtang Group itself does not have the right to issue, but if it is only used as a self-circulation and has circulation to related businessmen doing business with itself, then it can issue it.
After all, they did not circulate among the people of the entire Tang Dynasty. It is not an official currency. In essence, it is just a certificate.
There will be many commercial banks in the future, and they will also be privately owned.
No need for state management.
But he didn't want to make it so complicated, just keep it simple.
"I see!"
The four girls looked at it for a long time.
"Zhu Shan, tomorrow's newspaper will directly put my article on that day, and increase the printing volume! Also, banknotes have also begun to be printed in large quantities! Each piece must have a unique code! The quality must also be controlled. !”
Regarding the printing of banknotes, Li Min will not release some core things.
Such as paper, ink and printing process.
"yes!"
"Also, every place where advertising can be done must be involved!"
"clear!"
"By the way, you have to ask people to set up a wall outside the group to analyze and explain the anti-counterfeiting of banknotes! And this knowledge must also be reflected in the newspaper. Criminals cannot be involved. To ensure nothing is lost!"
Zhu Shan agreed.
Still waiting there, afraid that something might happen to Li Min.
"Okay, it's okay, go ahead!"
Zhu Shan then left and went to deal with it.
"Su Mei, Wu Jue, you are responsible for promoting bank-related work."
"clear!"
"what about me?"
Ji Ruxue asked.
"You take care of the factory affairs of the family, and leave the bank matters to them."
"Oh well!"
"what about me?"
Kong Jingting also asked.
"You study hard with Master Sun. In the future, you will also be the top leader in the medical school and you will flourish together with Master Sun!"
According to Li Min's understanding, this woman's talent is not inferior to that of Sun Simiao.
I have my own opinions on my understanding of medicine.
Especially in terms of understanding of future medicine, there are some that surpass Sun Simiao.
Maybe it’s because I’m young and accept more things.
"Understood."
Next, Li Min wants to go big.
He didn't tell others what his purpose was.
The World Bank will be a very profitable business in the future.
Because of his actions, the structure of Datang will be changed.
At the same time, he will also expand this industry and help more people earn more money.
…
Soon the entire Zhenguan Newspaper was published.
And it caused a huge response among the people.
On the first day after the newspaper came out, the door of Shengtang Group was full again.
A large number of officials, businessmen, and ordinary people were blocking the door. They were carrying large and small carts of money, hoping to exchange it at the Shengtang Group.
There are more people coming to Chang'an from outside.
Li Min was also a little surprised by this.
I didn't expect such a response.
From the side, we can know that people have been inconvenienced by metal currency for many years, and finally someone came out to solve these problems.
The entire Shengtang Group was crowded with people.
As a result, other industries in the group were paralyzed.
Moreover, there are more and more people coming here to exchange banknotes despite the heavy wind and snow.
They almost occupied the entire East Market, and the business of the surrounding inns was ten times better than before.
People kept talking about banks and banknotes.
"The things Shengtang Group has done this time are really big. In the future, when we have banknotes, it will be even more efficient!"
"This is simply a good thing for us who have been doing business with Shengtang Group all year round."
"It's not just you. It's good that we don't do business with them. We can exchange the money first and then trade the money. If they want silver, they can directly come to Shengtang Bank to exchange. The convenience is simply great."
"From now on, no matter how much money you bring, you won't be afraid of walking at night anymore! It's not just a piece of paper when you bring thousands of dollars to pay for it!?"
"Yes, yes, as long as Shengtang Group does not collapse, our money will always be there."
"How could Shengtang Group collapse? His building is still here. Each of his buildings can cost tens of millions, right? There are still a lot of industries there."
"More than that, it can also prevent some silver from being adulterated."
…
These people talk about how good Shengtang Bank is.
Their cars were all covered with silver, and the entire street was filled with silver.
There are also many people who just hold the number plate and queue up, but do not bring any money.
Then someone asked: "Aren't you here to change banknotes?"
"No, I want to expand my business. I want to mortgage my assets to see if I can get a loan to expand production!"
"I heard that the interest on the loan is quite a lot, one hundred taels, and you need 20 taels of interest per year."
"It's not high anymore. If you can't make twice as much money in a year, then the loan is meaningless!"
"Right!"
They were discussing, but it caused some trouble for Li Min.
Above the tenement building.
Li Min looked at the people below, all of them were full of people.
Ji Ruxue came over.
“I didn’t expect that Shengtang Bank would become so popular as soon as it opened.”
Wu Jue said: "That's not true. People have been inconvenienced by the previous currency for too long!"
Su Mei said, "Our advertising must be good. Zi Li and others gave up the profits from a large advertisement to promote this bank. Isn't it okay?"
Li Min was silent and just looked at everything below.
At this time, Ji Ruxue asked an extremely critical question.
"Zili, wait a minute, if there are more people taking loans than exchanging deposits, can our Shengtang Group survive?"
"Money can be printed at will. As long as they don't exchange it for silver, I can print more money, but this is overdrafting future credit! At the same time, if our financial resources reach a certain level, we can reduce lending. Furthermore, Let me tell you, it is impossible for a bank to lose money. Just one year's interest is a terrible figure. If we keep doing this, within a few years, our bank's assets will exceed those of the imperial court."
"Then what do we need so much money for? We already have enough money now?"
Wu Jue was puzzled as to why this problem existed.
Li Min only said two words.
"Research!"
"Research?"
The three of them asked at the same time.
"Yes, I will also increase investment in research, medicine, technology, literature and other aspects. These all require money. In the future, we will become bigger and bigger. The money earned by Shengtang Group alone will be There is not enough research. And you have all felt the benefits that research can bring, right?"
The three women nodded.
Yes, the convenience brought by Li Min's research results has indeed improved social happiness a lot.
Investment in medicine can extend human life and create higher value.
"I understand, everything Zi Li and others have done is for the sake of the world!"
Su Mei said so.
Li Min felt very happy after hearing this.
That's right, it's for the sake of all the people in the world, and it's also for yourself.
"Ruxue, go down and open a few more counters. Also, open a few counters at Cheng Chumo's place!"
"clear!"
Ji Ruxue went down to deal with it.
At the same time, in the Wang family, the eldest grandson Wuji sat on the throne.
Wang Yang's death was faked as an accident.
And he naturally became the head of the Wang family. Surprisingly, no one objected.
Because everyone who opposed it died.
Standing below him were some people from the Chang'an Chamber of Commerce.
At this time, there were only a few people in the Chang'an Chamber of Commerce.
Li Erhu is also among them.
"What the hell is Zili doing again?"
Changsun Wuji asked.
Li Erhu came out and said: "I heard it's a matter of banks and currency. Now it's causing trouble all over the city. I really don't know what this kid is going to do with this?"
He obviously didn't know what Li Min's purpose was.
But Changsun Wuji knew it.
"He wants the entire Tang Dynasty's money. This kid's ideals are so big!"
"What? How is that possible? How much can a bank do?"
"It's not that the bank is big, it's that this guy has a good mind! Especially the implementation of banknotes, he really dares to think!"
"Then are we the same as him?"
Li Erhu asked.
"Do you have his banknotes?"
"Yes, I asked someone to redeem one, take a look!"
Changsun Wuji took the banknotes.
I couldn't help but find admiration.
"It's amazing craftsmanship. You can actually create something like this. This guy is very strong!"
Changsun Wuji said.
Everyone was very puzzled.
Changsun Wuji and Li Min were rivals and enemies. How could he praise Li Min?
Then he changed the subject.
"Go, let someone study the printing method of this banknote. If possible, we can print a large number of them and then go to him to exchange them. I'll see what he will do!"
"The head of the Changsun family is indeed tall!"
Everyone said in unison, Changsun Wuji smiled.
"From now on, follow me, and you will get better and better. I am not Wang Yang. I dare not do anything!"
"Yes, the head of the Changsun family!"
"By the way, has the research on fireworks produced any results?"
Changsun Wuji asked again.
Some time ago, he left the research on fireworks to Li Erhu.
"We have probably figured out the ingredients inside, but although it can be set off, it cannot be like his!"
"It's okay. Try more and study more, and you will definitely succeed!"
Changsun Wuji said.
Then he added: "He must not have expected that my research will be successful! When the time comes, hum! You will die!"
…
In the Imperial Study Room of Tai Chi Palace
Li Shimin frowned.
At the bottom is the guard from before.
"What are you talking about? The artifact can't be found?"
"Yes, Your Majesty, we have spent a lot of effort, but we can't find out the origin of the artifact, and because of what happened that day, the Sixth Prince's appearance in front of the people has become very rare!"
"this……"
Li Shimin was puzzled.
So what should we do?
"Your Majesty, could you please let me go to Shengtang Group to have a look?"
"You reminded me! Maybe you can ask Xue Rengui to take a look! Maybe there is an answer."
Li Shimin said so.
However, he was interrupted by Queen Changsun who came in from outside.
"No! Your Majesty, you must not let Xue Rengui go back again!"
Li Shimin was puzzled. He saw that Queen Changsun was holding a newspaper.
"What does the Queen think?"
"Xue Rengui is the consort, so he can't go out as often as before. Otherwise, if others see him, he's afraid of having a bad impact. Another point is that although Xue Rengui agreed to marry Li Zhi, his heart still yearns for Min'er. If your Majesty wants If you tie him down, you should give him a chance to shine, rather than letting him go to the Shengtang Group. That is equivalent to giving him a problem. Although you get benefits, it will make him hate you."
"Thankfully the Queen warned me in time, otherwise I would have really done something stupid."
"By the way, I just read the Zhenguan Newspaper, and it seems that Min'er is about to start a new move!"
Queen Changsun handed over a newspaper and said.
"New move? What did that kid do again?"
More than once, Li Min made a big move.
It shocked the world.
This time, the newspapers reported it, and Empress Changsun also talked about it. It must be something extraordinary again.
"Your Majesty doesn't know?"
Queen Changsun asked.
"I haven't read the newspaper today! What's written in it?"
I don't know since when, Li Shimin developed the habit of reading newspapers. If he didn't read the newspaper for a day, he would feel bored. If it wasn't because he wanted to get the pistol from Li Min today, he might have read it already.
"It says about the banks and banknotes of the Tang Dynasty..."
"Oh? Let me see, what is a bank?"
Li Shimin took the newspaper and read it.
Seeing this, he showed no intention of stopping and murmured: "This is impossible, this is impossible!"
"Your Majesty, banknotes seem to be a good solution. It's really rare for Xin'er to come up with it. And the bank, it turns out that it has such a meaning, it turns out that such a meaning exists, why didn't we think about it before? How about it? He can even help the people, help some people who want to do business, and help them overcome difficulties! "
And they also discovered that the banknotes written in newspapers cannot be replaced or copied.
It is a unique existence.
"Queen, I don't think this matter is that simple."
Li Shimin said suddenly.
"I'm confused!"
Queen Changsun expressed.
"You see, this bank and banknotes are owned by the Shengtang Group, and they are also responsible for saving and lending money. In this way, what that kid is directly doing is a capitalless business! He can gather a large amount of money without paying anything. Although money can help some people in need, it also earns interest. Although it gives interest to those who save money, their interest is not as good as the interest on mortgages. This business is a sure profit!"
Li Shimin saw the essence of the matter clearly.
This is what Li Min did.
That's what he wanted to do.
Most people can't see it, but Li Shimin can see it clearly.
It's no wonder that his height is different.
"Your Majesty, when you said this, it seems to be the case. I didn't expect it!"
"What does this kid want to do?"
"Maybe he just wants to do business to make money!"
Queen Changsun said so.
"Huh, that's the best, but I think it's impossible for him to succeed like this! People are not stupid. How could they take their money and go to the Shengtang Group instead of the Dezhou Family?"
Li Shimin clearly didn't believe that Li Min would succeed.
Hence these words.
"Your Majesty, I think this is hard to say!"
"It can't be successful, it can't be successful! There's no way to tell! I've concluded that it's impossible for his Shengtang Bank to open. It's the first day of business today. No one will go there!"
He concluded.
But as soon as he said this, a eunuch trotted over.
"Your Majesty, the East Market is suddenly full and there is a sudden chaos. General Cheng has already led people to maintain order!"
"Huh? What's going on?"
Li Shimin asked.
Queen Changsun said: "Chang'an has always had good security, how could there be unrest? And why Dongshi? Who are they?"
"Your Majesty the Queen, most of them are businessmen."
"Businessman? What's the purpose?"
Li Shimin seemed to realize something was wrong.
merchant?
Then we are going to Shengtang Bank!
In this case, they were looking for Li Min.
In this way, I said that I was not allowed to speak.
He was slapped in the face by Li Min.
While he was hesitating, another eunuch came to report.
"Your Majesty! The West Market is also full! On behalf of the Duke, he will lead troops to maintain order!"
"Huh? What's going on? Come on, come on! What's going on!"
Li Shimin was shocked.
What exactly is going on?
Li Jing went out with his troops.
Then, his guard trotted in.
Newspaper: "Your Majesty, a large number of businessmen are rushing to the Shengtang Group. Moreover, they carry a large amount of silver, and some of them are diverted to the Western Market to exchange banknotes! In addition, some people directly use their own properties to Take out a loan!”
The guard's words completely slapped Li Shimin in the face.
"this……"
He looked at Queen Changsun.
If it had been anyone else, he might have been mortified.
But in front of Queen Changsun, it would be better, but still not good.
"Your Majesty, Min'er seems to have succeeded."
"Report!"
"So what?"
"A large number of foreigners appeared outside the Shengtang Group, carrying cattle and sheep, preparing to trade with the Shengtang Group and exchange banknotes!"
"ah!?"
At this time, Li Shimin's face was beaten so badly that it hurt.
Even foreigners came to cooperate with Shengtang Group.
Getting their banknotes is a kind of affirmation for the other party.
"Your Majesty, he has really succeeded. If this continues, even a big family will no longer be his opponent!"
Queen Changsun said so.
"Yes, this boy did a great job this time!"
"I think that the emergence of the bank will deal the biggest blow to the family."
"Yes! That's right, that's it!"
"Then...can we let Min'er come back?"
Queen Changsun asked one more question.
"I also want him to come back, but what about him? He seems to have no intention of returning at all! Do you want me to bow my head?"
Li Shimin asked back.
"Then...this...let me try to persuade you again?"
Li Shimin was right, that's it. Now Li Min doesn't want to come back.
Li Shimin has shown a trace of sincerity, but he doesn't want to bow his head.
This is difficult to handle.
At this time, Li Shimin had different ideas.
He was planning something different in his mind.
"Persuasion? This is good!"
"Your Majesty, do you think it's okay?"
"No, no, no, I'm not trying to persuade him to come back. I want to invest in Shengtang Bank. I want to promote banks and banknotes! Let people all over the world use banknotes. In his words in the newspaper, this is called increasing circulation."
Li Shimin was very smart and wanted to use Li Min's momentum to complete his career.
And will Li Min agree?
It depends on what Li Min means.
"Your Majesty, wouldn't it be better if the court came by itself?"
Queen Changsun suggested.
"I have also thought about this, but there are actually two bad ideas."
"Oh? Which two aspects?"
"First, the bank was proposed by that kid. He knows how to operate the business better. If I do something else, it will be like crossing the river by touching stones. And if I choose to cooperate with him, I can use the momentum of the Shengtang Group to promote it in one fell swoop. Come on! Second, regarding printing, the anti-counterfeiting technology of banknotes is so high that if the court comes, it can’t be done. If some counterfeit banknotes appear on the market, it will not be a good thing for the court and the people. !”
"Do you want me to go there?"
"That's right, it's best to let Concubine Yang come with us!"
Li Shimin had another evil thought.
"When will you go?"
"Let's see, after five days, if his bank is still popular, you can go directly there! Remember, this time it must be successful. It can make Datang stronger! It can also curb the development of the family from the side."
Li Shimin said seriously.
"Yes! I understand!"
