Farm Gate Escape: There is Room For Full-level Bosses

   Chapter 515 The Popularization of Banknotes

Zhang Zhang carefully observed Bai Wutong's expression, and talked about the advantages of implementing paper currency circulation, "If you exchange copper plates and broken silver for paper currency, and travel and trade, your pocket will not be so heavy. Working hard, it is also convenient for the big guys to exchange money in private, and the banking business can also greatly improve the efficiency.”

Bai Wutong suddenly smiled, "I think this plan is feasible, but you also need to budget well. The amount of paper money issued should not lead to market inflation. If there is inevitable inflation in the market, you need to respond quickly enough to make timely At the same time, it is necessary to ensure that counterfeit currency does not appear, increase the use of paper money by the people, and regulate the exchange rate of gold and silver prices against currency.”

  Zhang Zhang, as the president of the bank, has a great understanding of inflation and market economy.

   Bai Wutong came up with plans and requirements in an instant, which still surprised him.

  The knowledge of the Empress is also very impressive.

   Zhang Zhang hurriedly said: "The minister will lead the order."

   Zhang Zhang is just the bank president. The issuance of banknotes requires multi-departmental negotiation to formulate the amount of banknotes, the issuance style and other complicated work.

   It will be three months before the banknote plan is implemented and the banknote machinery is running.

  The common people were confused when they heard that the copper plates and scraps of silver were to be recycled. Until the government announced that the banknotes of different denominations were used in the whole country of Xiaoyao Kingdom, they felt a little strange.

   This is a very important thing, the issuance of currency means a change in the way of transactions.

   Businessmen, big and small, were very concerned, and they ran to the bank to ask: "If the copper, silver, and gold on hand are not exchanged, will it be useless in the future, and can't be used to buy real estate in Happy City?"

   This question is the most urgent for the big guy at the moment.

Li Nian held the manual in his hand and explained to everyone in detail: "The purpose of issuing banknotes is to make everyone's life more convenient. After a three-month exchange period, copper plates and broken silver can no longer be circulated and used, except for gold. After a three-month exchange period, it can be exchanged for banknotes in the future, and gold will become the only hard currency."

   "If you don't want to exchange it into paper money, you can also exchange it for gold. However, gold is very valuable and inconvenient to use. It is recommended that everyone still exchange it into paper money and deposit it in the bank to increase the interest rate."

  The big guy heard this and asked again, "Then if you convert it into gold, can't the interest increase on gold?"

Li Nian also explained: "As I said just now, gold will become a hard currency that can be converted into banknotes. It will adjust the exchange ratio due to changes in the market, which means that the value of gold itself will rise or fall. risk, there is uncertainty, banks can help store gold, but will not give interest.”

  The common people listened to the clouds and fog, and they understood the last sentence and exchanged it for gold, but there was no interest in depositing it in the bank.

   It would be better not to convert it into gold, since paper money can be used anyway.

   And a smart businessman, but his eyes are shining, he can buy a lot of gold and rely on the fluctuating price to generate income.

   Just like treating gold as real estate, sell it when it rises, make a profit, and buy another when it falls.

   Continue to sell high and buy low to achieve high returns.

   is simply a good deal in the world.

After Meng Gui learned that the paper money was issued and the copper plates and silver had to be recovered, he quickly searched his home and gathered up a lot of copper plates and silver. He was afraid that there would be too many bankers. Once the March deadline passed, the silver would not be silver. .

   Knowing that the money can be exchanged for gold, it has been deposited in the bank for hundreds of years without interest. Meng Gui hesitated for a while, fearing that in the future, he would be attacked by the country, and the state had issued a policy that paper money could not be exchanged for gold.

   then divided all his belongings into two parts, half of which was used to exchange for gold, and the other half was used to save interest in the bank.

   Even the interest on half of his income is enough to pay off his apartment loan.

   After he has saved enough money in a few days, and the business is completely stabilized, he will buy another villa.

   He took out the change he probably needed tomorrow and put it in his pocket, light and a little dazed.

   Who would have thought that one day he would also use the banknotes directly.

   Oh no, everyone has a day when they can directly use the banknotes.

A Tian Ya from Qinghe Vocational and Technical College saw the issuance of banknotes, and resolutely threw away the previous purse, designed a purse to hold the banknotes, and asked a female worker to help sew it at the price of five cents a piece. At the entrance of the bank, business was resolutely booming, and he made several taels of silver at once.

   tasted the sweetness, and she designed several different and novel wallets, long, short, zipper, button, directly to the clothing factory, and customized a batch of goods. Everyone wants to take good care of brand new banknotes. After all, this thing is not like copper plates and broken silver. It can be licked with teeth, and it will be lost after a little rubbing.

  Tian Ya not only set up a stall to sell wallets, but also sent them to stationery stores, women's supplies stores, clothing stores, and sold them to shop owners at low prices, making money easily by herself.

   Within a few days, she made money that she had never thought of in her life.

  At the same time, seeing that Tian Ya was making money, other female workers also began to make wallets and wallets in private, and there were also small family clothing workshops, which also imitated Tian Ya’s wallet style and mass-produced.

  Tian Ya didn't make money before, but she has already earned her first pot of gold, so she simply went the boutique route and planned to open a wallet shop for herself with the money she earned.

  Cartoon, leather, canvas, and shell decoration, Tian Ya gave full play to her professional standards, and designed countless styles in one breath. While successfully opening up new fields, she also gained a firm foothold.

After learning about   , the academy also asked her to give a speech as an outstanding student.

   attracted the students to set off an entrepreneurial boom.

Meng Gui used half of his net worth to buy gold. After hearing that the price of gold would fall, he kept paying attention to the price of gold. He was afraid that if the price of gold fell, half of his net worth would be gone. He was always thinking about whether to sell the gold before it fell. Converted into banknotes and deposited in the bank with interest.

   But soon, he was fortunate to have spent half of his fortune on gold.

   Rich people still feel that it is safe to exchange them for gold.

   After all, this is the common currency used by the ancestors of all nations.

   Therefore, more people buy gold, the output of gold does not increase, and the price of gold rises when the supply exceeds demand.

  If you throw it now, Meng Gui will earn a third!

   This is much easier than making money by setting up a stall, and it is also much higher than the bank deposit interest.

   He was so excited that he could not wait to exchange all his belongings for gold.

   However, the government introduced policies to control the price of gold, and the price of gold gradually returned to stability. There were ups and downs, and the risk was still very high. Meng Gui thought that he had no ability to gamble, so he stopped thinking and exchanged a lot of gold.

  After the three-month transition period, the common people were completely used to the benefits of paper money, and other areas of Xiaoyao Kingdom became popular again.

   (end of this chapter)