The Weapon Tycoon Who Traveled to Great Qin

Fan Zeng understood South Korea’s requirements through a literal understanding. For submarine cables, he believes that the future direction of Chu is also the ocean, and the demand for submarine cables is also very huge. For the understanding of the southern ocean, the upper layers know and do not. Not much. The reason is that communication is inconvenient. In the era when telegraphs are popular, the ocean is the only place where telegraphs are not available. In the future, the direction of development of all countries may be the ocean. Ocean trade is also the direction of development of Chu State.

For the foreseeable future, the State of Chu also needs South Korea to provide information technology support for submarine cables. Only in this way can the State of Chu further control maritime trade.

However, considering the national security strategy. It seems that only when Chu country masters this technology can it be considered as getting enough security, because South Korea can fully benefit from submarine cable technology. Fan Zeng thought about this contradiction in his mind. In the end, he felt that Chu still lacked technical talents, otherwise, South Korea would not have technology like submarine cables. But in order to solve the financial problems, Chu must develop maritime trade. After trade is established, all financial problems can be further solved. After some consideration, Fan Zeng decided to adopt the method of cooperation with South Korea to temporarily gain access to the advantage.

Qin State Xianyang. Inside the Congress Hall of the Reserve Committee of the Federal Bank of Qin State. Several permanent members are discussing intensively about the Qin government's mortgage of a large number of government bonds.

"Before we all knew that government bonds are mortgaged by banks, and these banks also underwrite a large amount of government bonds to make a profit. However, our Federal Bank Reserve Board does not have such a special case." Zhang Fa told the major committee members.

"We are the Federal Bank Reserve Board. Reserves. Bank reserves are our responsibility. What do we reserve?" At this moment, Meng Shu said.

"What we reserve is a large amount of funds. These funds are currency in layman's terms. They are the banknotes currently in circulation in the Qin State. Our function is actually to control the supply and demand relationship of currency in circulation. I think you must To figure it out." Meng Shu stood up and said.

"Before, major banks could mortgage their shares to us, and then we released a large amount of funds. In this way, the demand for currency in the market was once solved. However, with the passage of time, especially in the recent period of large-scale investment With the unfolding of the plan, the demand for currency is still very large. Moreover, Qin's banknotes are in Zhao, Yan, Qi, and are more likely to circulate in Wei and Chu. As a result, the demand for currency is very large. This It is conservatively estimated that only 100 million gold can meet the demand, but according to our statistics, the currency we provide to the market has been less than 40 million gold in the past few months. Obviously it cannot meet such a large-scale demand." Meng Shu said.

"But don’t forget. The plan proposed by the Prime Minister’s Office this time is a mortgage bond of 120 million gold, or the amount of Qin’s current value. However, we cannot come up with such a large amount of money. The only way is Use the scheme of printing more banknotes, but in this way, the banknotes will depreciate to varying degrees. At the same time, in order to cope with possible future runs, we also need to stabilize the price of gold. In this way, our demand for gold will be Very big." Zhang Xiu said, shaking his head.

"Yeah. I agree with your idea, but I think we just reserve these bonds. When the bonds mature, the government will naturally use the financial funds in hand to buy back these bonds, and the government uses bond-collateralized funds for investment. Yes, the future investment effect is very large. It can be said that the government is currently the largest enterprise in Qin." Meng Shu fully agrees with the plan of collateralizing government bonds in exchange for a large amount of circulating currency. His interests are consistent with the government. Behind him represents the power of the government. Zhang Xiu is different. He is behind the small and medium-sized banks. They worry that excessive money supply will cause their business to overlap and lead to a decline in business profits. Zhang Fa, who is in the middle position, represents the attitude of Qin Guoda Bank, as long as there is a profit, they will do it. If there is no profit, they will not be interested.

From the perspective of government mortgage bonds, they feel that the profit is not very large, because the projects invested by the government are projects that banks and enterprises are not willing to invest in. These projects must have, but the profit will not be very large, and it will cost money The number is large and the time is long. Banks are not willing to do this kind of business, especially those investment banks, which are generally not interested in this kind of business. They like to eat off-the-shelf. For example, after the government's investment is completed, the government needs to recoup the benefits, and they will buy it at a price that was higher than the value of the investment. From the perspective of long-term investment benefits, there is absolutely no possibility of devaluation if there is only constant holding. This is very cost-effective.

Some Qin State comics newspapers compare the Bank of Qin State to an eagle in the desert. They are interested in all carrion, and they have to pick and choose. They always get something for nothing, and they can pick out the best food to enjoy. Now they are waiting for such a thing. If they can, they can fully support the government in doing so. They will not object.

"Well. On this matter, I think Committee Member Meng's idea is correct." Zhang Fa said.

"Look, we are the Federal Reserve Board of Banks, banks, reserves. Reserves. Banks." Zhang Fa emphasized.

"Furthermore. We are just reserves, that is to say, government mortgage bonds are given to us, we provide funds, government investment projects, after a period of time, there will be funds, and then exchanged for funds to buy back our own bonds, such a Come, the bonds will return to the government. We exchange the original currency. At the same time, a large amount of currency is needed in the market. Government investment will satisfy the demand for such currency, because if we invest, there will be demand of this kind. This is good for the development of banks and the currency demand of various investment projects. We can meet the currency demand of the market. This is a very good thing. I think we have no reason to oppose it." Zhang Fa said To.

"Speaking of which, you also agree with this plan?" Zhang Xiu asked.

"Yes, you can say that. If you do this, it is an opportunity for the major banks. This opportunity comes from a hard time." Zhang Fa said.