"This involves another industry..."
Wei Shuyu smiled and said: "I call it a bank!"
Bank?
What the hell is this?
Several people felt that their brains were not enough.
Although he clearly stood at the pinnacle of power in the Tang Dynasty, he still felt that he couldn't keep up with Wei Shuyu's unbridled ideas.
"Please give me some advice from Dr. Wei!" Tang Jian bowed his hand again.
"A bank is a place where money is deposited and withdrawn."
Wei Shuyu explained: "If you want businessmen and people to take out the money hidden in the cellar, this is the best way."
"this……"
Tang Jian didn't know why: "What's the difference between hiding them in the cellar and hiding them in the bank?"
"Of course there is a difference."
Wei Shuyu grinned: "Because there is interest in the bank."
In ancient times, unlike modern times, people who had no money would really starve to death or freeze to death.
People's money is related to their life and death. It is almost impossible for people to dig out the money hidden in the ground without paying some price.
Therefore, banks must be established.
"Isn't that necessary?" Li Shimin looked constipated.
The Tang Dynasty had countless money.
If this interest is given out, how much will he lose every year?
"..."
Wei Shuyu rolled his eyes.
You stingy, miser.
boom.
Li Shimin slapped his palm on the case: "What's your look?"
"His Majesty."
Wei Shuyu curled his lips: "If people deposit their money in banks, will the Tang Dynasty still be short of money?"
Um?
Li Shimin was startled.
What you say makes sense, but I don't agree.
"That's not OK."
Li Shimin waved his hand and refused: "I've only heard of people charging custody fees for keeping money for others, but I've never heard of people charging people interest."
"Chesou."
Wei Shuyu muttered.
"What did you say?"
Li Shimin's eyes widened.
This Xiao Wei is really becoming more and more lawless.
"I said you won't lose money on this interest."
Wei Shuyu bowed and said, "Can't we just collect their money at cheap interest and then lend it out at a slightly higher price?"
Borrow... lend it out?
You're pretty good at making money.
"Which idiot asked you to borrow money?" Li Shimin rolled his eyes.
"Your Majesty is so high up that he doesn't understand the sufferings of the people."
Wei Shuyu sighed and said, "Your Majesty, does he know how high the interest rate is for private loans?"
"Your Majesty, have you ever heard of how many people ended up selling their sons and daughters because they didn't pay enough?"
Li Shimin frowned.
Hearing this, he was not happy.
"Many loan sharks in the private sector always come back nine times."
“If you don’t repay it after the due date, the compound interest will double.”
Uh-huh.
The expressions of several people changed drastically.
This is equivalent to saying that Li Shimin's governance is incompetent.
"Is this true?"
Li Shimin looked at the other people.
"this……"
Several people's scalps were numb.
In the end, Wei Zheng stepped forward and bowed: "Your Majesty, there is a private industry called Zi Qian Family."
"During the reign of Emperor Jing of the Western Han Dynasty, the Wuyan family of the Qian family in Chang'an took advantage of the rise of the Seven Kingdoms of Wu and Chu to lend money with interest and became rich."
“This is where the name Zi Qian’s family comes from!”
Li Shimin frowned.
"Then by charging interest for my bank, wouldn't it be squeezing people's hard-earned money? No!" Li Shimin refused again.
"..."
Wei Shuyu was speechless.
Not even paying interest.
It’s okay not to give it.
You are quite noble.
"Your Majesty, the bank is not a high loan company."
"For example...one hundred strings!"
"Depositing in a bank for one year only earns 2-5 pounds of interest."
"The interest the bank lends is about 10% of the principal."
"That's about 10 pieces a year."
That's it...
Li Shimin's heart relaxed again.
"Your Majesty, don't underestimate the gap of five strings."
Wei Shuyu calculated: "One million guan is equivalent to 50,000 guan every year, and it is a business without capital."
"After the bank developed, it gathered the money of the entire Tang Dynasty."
"One year's income is definitely beyond His Majesty's imagination."
This, this, this...
Li Shimin was moved again.
It seems that charging a little interest is not too much.
"There are so many people in the Tang Dynasty who are short of money?" Li Shimin asked.
"There are too many."
Wei Shuyu said speechlessly: "There are a large number of merchants in Guanghu County who want to borrow money."
"Let alone the common people..."
"My food, clothing, housing and transportation are all problems. If you have a place to borrow money, why not?"
"Besides, Your Majesty, aren't you also poor and want to borrow money?"
Damn thing.
Do I need to borrow money?
Even if you borrow it, do you think I will pay it back?
Li Shimin snorted coldly, and suddenly seemed to think of something...
not return?
"What should the people do if they can't afford it?" Li Shimin asked.
"This is simple."
Wei Shuyu said: "When merchants borrow large amounts of money, they will have a mortgage."
"As for the people..."
"If they still don't pay, just make them strong men to pay off the debt."
Li Shimin nodded.
This is not a bad idea.
"What do you think, my dear friends?" Li Shimin asked.
"Your Majesty, I think this banknote and bank matter is feasible."
Fang Xuanling said: "It is these details that need more careful consideration."
Li Shimin nodded.
"I second the proposal."
"I second the proposal."
The echoes of Wei Zheng and Tang Jian fell.
This matter is basically settled.
"In that case..."
Li Shimin looked at Wei Shuyu: "This matter will be left to the Ministry of Commerce."
"Ahem..."
Wei Shuyu coughed, then bowed to Li Shimin and said: "Your Majesty, it's okay to hand it over to the Ministry of Commerce, but the funds for opening a bank..."
Um?
Li Shimin's eyes widened.
Ask me for money again?
"I have no money!"
Li Shimin snorted coldly.
"Your Majesty, this is a matter of national importance."
Wei Shuyu glanced at Tang Jian: "There is no need to use your internal funds."
Oh, that's how it is.
Uh-huh.
Everyone looked at Tang Jian.
The Ministry of Civil Affairs controls the world's money and food, and the national treasury is under the control of the Minister of the Ministry of Civil Affairs.
“The Ministry of Civil Affairs has no money!”
Tang Jian's face changed instantly.
"Mao Yue, Shu Yu's bank is a hugely profitable plan. Just use some money to build some banks." Fang Xuanling advised.
"I really don't have any money."
Tang Jian sighed: "There were so many natural disasters in various places last year, and the national treasury has long been at its bottom."
"Coupled with the wars in Tuyuhun and Xue Yantuo, we really can't get any extra money."
That seems to be the case.
Uh-huh.
Several people looked at Wei Shuyu again.
"What are you looking at me for?"
Wei Shuyu rolled his eyes: "This bank is originally used to make money from merchants."
"How is it possible to get businessmen to invest?"
"Furthermore, if the bank's funds are not strong, how can the merchants be willing to deposit money in with confidence?"
That makes sense.
Who would leave money to a poor man?
Then……
Several people started staring at each other.
I was stumped by the money to open a bank.
If you want to prevent the nobles from reacting, you must conquer the entire Tang Dynasty in an instant.
"Uncle Yu..."
Li Shimin said with a smile: "Your business department must have saved a lot of money, right?"
“The Ministry of Commerce doesn’t have any money either!”
Wei Shuyu also had a serious face.
You all call me poor, but our Ministry of Commerce won’t call you poor?
"fart."
Li Shimin's eyes widened: "Your Ministry of Commerce has already made a fortune by collecting business taxes. Don't think I don't know."
When the Ministry of Commerce just started, it would send him tax accounts every month.
Therefore, Li Shimin knew exactly how much money the Ministry of Commerce had.
"This money will be used to promote the Ministry of Commerce to the entire Tang Dynasty!" Wei Shuyu was reluctant to make money.
Li Shimin didn't give any face when he came.
"Take it out first and use it..." Li Shimin smiled like a fox.
"no."
Wei Shuyu refused and said, "Your Majesty, don't you still have tens of thousands of money in your pocket? You can use it first."
"Asshole!"
Li Shimin looked at Wei Zheng.
It must have been Lao Wei who leaked his small treasury again.
"Give interest!" Wei Shuyu said.
Um?
Li Shimin suddenly fell into deep thought.
Ten thousand guan... about 500 guan.
Pooh.
It’s not enough to fill my teeth, I can’t stand it!
"I have no money!"
Li Shimin immediately refused.
"Interest for nine out and thirteen out!" Wei Shuyu continued to seduce.
Li Shimin fell into deep thought again.
This seems like a lot of money.
90,000 guan has an income of 40,000 guan.
Moreover, this money should not be borrowed for long, and people will probably be able to get it back after they save money.
Fang Xuanling and Tang Jian were both stunned.
Seeing Li Shimin murmuring calculations, was Wei Shuyu really convinced?
"Is this true?" Li Shimin asked suspiciously.
"Your Majesty, lying to you is a crime of deceiving the emperor." Wei Shuyu bowed.
"Um."
Li Shimin nodded with satisfaction: "Then I will pay you 60,000 yuan, and you can handle the rest by yourself."
He doesn't have much internal money either.
"Thank you, Your Majesty, for your generosity!"
Wei Shuyu shouted thanks.
It's not bad to get 60,000 yuan, but Li Er is a poor man.
After chatting for a while, several people said goodbye.
After several people left.
Li Shimin was in a good mood and ordered Wang De to pour a cup of tea.
"Your Majesty, there is something I don't know you should say or not?"
At this moment, Wang De came up again.
"Say it."
Li Shimin took a sip of tea happily.
"That's it...Mr. Wei has been making money for His Majesty."
"But why is your Majesty's money getting less and less?"
Damn it!
Li Shimin was dumbfounded.
yes.
Why is my little treasury empty again?
