Datang: My Pokémon was discovered by Li Shimin

"Hmm...Your Majesty, you are talking about a bank?" Li Fan guessed Li Shimin's idea, and the banking capabilities produced by the system should be even more amazing!

"Bank?!" Li Shimin heard that there was really a way, and he couldn't help but get excited!

"Yes, yes, it's a bank!" Although Li Shimin didn't quite understand these two words, since it was said by the national teacher, he just responded!

"Okay, since we have a good relationship, I'll tell you about the bank."

"Very good, very good!" Li Shimin nodded excitedly, and hurriedly pulled Li Fan to sit beside him, with a respectful face, listening obediently.

His intuition told him that this bank thing might change the future direction of the Tang Dynasty!

Li Fan cleared his throat and began to explain the concept and operation of the bank to Li Shimin.

"Your Majesty, a bank is simply an institution that manages money."

"People can deposit their money into it, withdraw it when needed, and earn some interest."

"If the court and merchants need a large amount of funds, they can also borrow from the bank."

Hearing this, Li Shimin frowned, and a trace of worry appeared in his eyes: "Borrowing? Is it the kind of landlord borrowing?"

Borrowing has long appeared, for example, borrowing from landlords, and then the interest is too high, causing the landlord to take away your land, and your family will be slaves for life!

Li Shimin knows the horror of borrowing, so he hates it!

If someone else said that he wanted to establish a lending institution, I'm afraid Li Shimin would have dragged him out and chopped him off in anger!

But since it was said by the national teacher, he would choose to calm down and think about the pros and cons.

"Not really."

In fact, the earliest silver bank in ancient times, that is, the money bank, was in the Ming Dynasty, but this money bank was just the early prototype of the bank, and its functions were not very complete.

It was not until the Qing Dynasty that the bills appeared to replace silver!

So in Li Shimin's eyes, lending institutions are no different from those who sell daughters and land!

"The kind of lending I'm talking about is subject to strict laws and rules." Li Fan explained, "Your Majesty, banks do not lend money at will. They will evaluate the borrower's credit, repayment ability, and purpose, and determine a reasonable loan amount and interest."

"Moreover, the court will also supervise this to ensure that high interest rates will not harm the people."

Hearing this, Li Shimin frowned: "But wouldn't the court become the biggest landlord in this way?"

Li Shimin will be the emperor of all ages next!

He must not be labeled a landlord because of this.

"Isn't it now?" Li Fan asked back.

The feudal system is actually the landlord system!

The lower class is exploited, the land is annexed, and the court is also the largest landowner to some extent!

The emperor is the biggest landlord!

So when the biggest landlord has problems, the smaller landlords will unite and try to gain more benefits.

They will take advantage of the turmoil in the court to expand their own land, further oppress the people, make them miserable, and even overthrow the big landlords to rebuild the dynasty!

"National Master... this is too radical. My Tang Dynasty is based on benevolent governance. How can it be..."

Li Shimin frowned and couldn't continue speaking.

He closed his eyes slightly, put himself in the shoes of the landlord, and soon found that he was indeed the biggest landlord in the Tang Dynasty.

"In fact, whether it is a landlord or not is not the most important thing, but how your majesty should use this bank."

"For example, you can open a bank in the entire Tang Dynasty, and let the people apply for loans at the same time, and the interest rate is calculated according to the lowest."

"So, your majesty will choose to borrow from those landlords or the court?"

Li Shimin replied without hesitation: "It must be the court..."

"So through the standardized operation of the bank and the reasonable allocation of funds, it can not only curb land annexation, but also provide opportunities for the people to develop."

Hearing this, Li Shimin's eyes flashed with a light, and his expression was excited.

Yes, if the people are allowed to borrow from the court, wouldn't it be effective to prevent land annexation!

In case of years of drought, it is definitely safer to go directly to the court than to other landlords!

At the same time, it can also prevent landlords from messing around. As long as other small landlords cannot annex land, they can be effectively controlled!

"What if the court can still borrow money all year round? For example, borrow 100 taels of silver for three years, repay part of the principal and interest every month, and write off the principal and interest after three years."

"But if this is the case, won't the business last long and will we have to put money into it?" Li Shimin frowned, his face full of confusion, and his right hand unconsciously moved.Twisting his beard lightly, three years is too long!

Li Fan smiled slightly: "Your Majesty, it may seem like an investment at first, but in the long run, this move will be of great benefit."

"People borrow money to develop production, farmland has a good harvest, and trade is prosperous, and the court's tax revenue will inevitably increase."

"Not to mention that the interest of these three years is also the money earned from lending."

Upon hearing this, Li Shimin clapped his hands excitedly and paced back and forth excitedly. Suddenly, he seemed to think of something and his expression became solemn:

"But it is a bit unrealistic for the entire Tang Dynasty to open a bank. With the current tax revenue of the court, I am afraid it will not last long..."

Li Fan continued: "Your Majesty, in addition to lending, banks also have the function of saving money."

Li Fan was not too anxious. He knew that Li Shimin could not completely turn around in a short time.

After all, modern society also relies on thousands of years of accumulation to have a perfect banking system.

"Deposit? But why do the people want to deposit money?"

"Then why do you think my Zhenguan Tongbao card is good?"

"Of course it's convenient..."

After that, Li Shimin suddenly realized: "So it's not only convenient, but the court can also guarantee the safety of the people's money, so they don't have to worry about being stolen?"

Li Fan nodded with satisfaction: "Yes, not only that, but there is also interest."

"Interest? Give...interest to the people?" Li Shimin widened his eyes, even thinking that he had heard it wrong, and his voice instantly rose a degree, his face full of disbelief.

"That's a big loss!" Li Shimin widened his eyes, his face full of disbelief, and shouted loudly, "What a joke, helping them save money, and then giving them money after the matter is done?"

"Your Majesty, have you ever thought about what the money of the whole Tang Dynasty is when it is gathered in the court? Have you ever thought about what to do with such a large sum of money?" Li Fan said calmly and unhurriedly.

Hearing this, Li Shimin was shocked and broke out in a cold sweat. Even if he didn't know the specific number, he still knew the annual tax figures!

So I have a rough idea of ​​the overall wealth of the Tang Dynasty!

The more Li Shimin thought about it, the more horrified he felt!

"So... this money is used for lending?" Li Shimin said hesitantly and uncertainly. He felt that taking the people's money and lending it to the people was a bit...

"Yes, so as long as the interest on the loan is greater than the interest on the deposit, there will be no loss."

"And such a large sum of money is a very terrifying number. You can take it out first."

"This...!!" Li Shimin was completely stunned. It can be played like this!

......