"Eunuch Li is right," Xia Fan looked at Princess Muye and Mr. Three-Eyed Felayton, "This is why I invited them both here."
"The new banknotes will be linked to gold in the early stage to allay people's concerns. Forever Bank is responsible for providing a deposit to confirm that the exchange can be carried out on time and in full. Of course, the advantage is that I allow Forever Bank to open new branches in mainland China." He Explained, "In addition, you can also choose another way of return, which is to invest in Jinxia Central Bank and receive profit sharing from it. No matter what kind of investment, it is a once-in-a-lifetime opportunity."
Feleyton is far more sensitive to money than Li Duojin.
Now that he heard it, he already had a rough impression of Xia Fan's layout in his mind.
There was no paper money in Natating, but it did not prevent him from understanding Jinxia City - after visiting around these days, he found that the eastern city was no worse than the countries of the Sea of Tranquility, and was even more advanced in many aspects. For example, urban sewage pipes, transportation planning, etc. are all things that a powerful civilization would think about. In addition, Jinxia City has an astonishingly large population, and the market area is always bustling with activity. This shows that the city has huge development potential and is an area worth exploring.
He was just thinking about how to break into the Eastern Continent's market before his colleagues, when Xia Fan personally handed him an olive branch.
For bankers, lending is always good business.
If he could be approved to open a bank in Jinxia, it would be equivalent to giving him the qualification to lend money.
In fact, Feleyton had another idea in mind, which was to transfer the property of Forever Bank.
Her Highness Hua Lin's younger brother is by no means a fool. If the news of the princess's escape leaks out, he will definitely be able to trace her. By then, let alone the bank supervisor, Feleyton would be arrested and hanged if he didn't return to Natating. So before that, he must consider the future of the princess and transfer as much property as possible to other kingdoms to ensure that His Highness Mu Ye has a worry-free rest of his life.
Xia Fan's words were undoubtedly the result of a drowsy hand, and Feleyton quickly stood up and saluted, "It's my honor to invite Yongjuan Bank to participate in the issuance of new currency, Mr. The bank will do its best to satisfy you.”
"You want banknotes to be freely convertible into gold and silver?" Eunuch Li was dumbfounded, "What should we do if counterfeit banknotes appear?"
"I have already tested this on food stamps." Xia Fan said confidently, "As of today, the Security Department has caught six cases of counterfeiting, and the reason why they were caught is that the counterfeit food stamps are not authentic enough. "
To put it bluntly, anti-counterfeiting is a technical job.
The most critical technology is printing ink.
The rarer the raw material and the unique color of the ink, the more difficult it is to copy. Jinxia, who has the resources of the Elf Tree Boat, can be said to have a unique advantage in this regard. It is difficult for ordinary people to blend in with the elves and obtain the corresponding pigment plants. Even if you steal one or two plants, they will not be able to reproduce independently.
Coupled with multi-layer paper, embossed printing and copper wire threading technology, hand-painted counterfeiters can basically be blocked. It is difficult for other kingdoms or forces to overcome the special ink level if they want to build a high cost.
Xia Fan also considered the ability of those who sense Qi.
In case anyone can make an accurate replica of the banknote, there is also a unique number to make up for it. If the numbers are the same and you cannot tell whether the banknotes are genuine or not, you can quickly investigate in the direction of the person in another country.
Generally speaking, there are certain risks in promoting banknotes, but in the face of huge benefits, this risk is not worth mentioning at all.
"That's it." After listening to Xia Fan's story, Eunuch Li felt a little relieved. He can doubt other things, but he will never doubt the other party's endless methods. From burning salt to growing rice on the beach, from mechanical beasts to air rifles, every idea that sounds like a fantasy has been realized one by one in his hands. "But what if the people don't recognize it? No one has seen this thing. Even if you say it can be exchanged for gold and silver, someone must be willing to accept it."
"It's very simple. This kind of banknote is Jinxia's legal tender, and the Secretariat should ensure its forced circulation."
"Force?" Eunuch Li couldn't help but be stunned. He rarely heard the word "force" from the other party.
"That's right, all the salaries of the Secretariat will be converted into banknotes in the future, and grain, seafood and salt can only be purchased with banknotes. In addition, any caravan that enters the Jinxia trade must not refuse banknotes - I allow them to do so afterwards. Change banknotes into gold and silver, but as long as the people bring out banknotes during the transaction, they must accept them.”
"Is this approach... a bit too overbearing?" Hua Lin said hesitantly, "If it were in Nata Ting, this move would definitely be resisted by all chambers of commerce."
Xia Fan didn't care about this at all.
Compared with the chambers of commerce of the Tranquility Sea countries, the strength of the merchants in Qi State is not on the same level at all.
It was impossible for the courts of the past dynasties to allow businessmen to intervene in the governance of the country.
If the chambers of commerce seen in the Sacred Wings Islands already have the embryonic form of transnational capital, then the big businessmen in Qi Kingdom tend to convert their money into land and real estate, and eventually become the richest landlord class.
As for those traveling merchants and vendors, it is even less likely that they have the ability to challenge Jin Xia.
"Don't worry, they will complain at most at first. When banknotes are gradually recognized by most people, they will be grateful for this change." Xia Fan replied with a smile.
He has full confidence in the power of Jinxia City.
To put it bluntly, why should people use special currency issued by the Secretariat
The answer is that Jinxia's products are sufficiently competitive.
This year will be a good year. Not only will the weather be favorable, but also the planting of beach rice will be successful. With the large amount of grain output in Gaoshan County and other places, coupled with the rice from the experimental fields, Shenzhou's grain is expected to reach a new peak in history. But this year, other prefectures and cities missed the best sowing season due to the war, and large-scale crop failures are a foregone conclusion. If Jinxia can provide stable grain exports at this time, it will definitely attract a large number of merchants.
In addition, traditional sea salt, various iron tools formed by stamping, elf fruits, canned aquatic products, etc. are all good goods that are not available outside. You can make money by shipping them out. In this case, he didn't have to worry about the merchant not coming. What's more, the policy also allows merchants to convert banknotes into traditional money when leaving Jinxia, so the resistance in this regard will only be lower.
If he was worried about the deposit before, fearing that some forces would secretly fuel the situation and trigger a run, now that Fei Leyton has joined, even this loophole no longer exists.
As long as the total amount of banknotes is controlled, it will not exceed the upper limit of gold and silver that Jinxia City can mobilize.
Xia Fan also knew that these were only short-term measures.
When the era reaches the stage of industrial mass production, it is impossible for any precious metal to catch up with the speed of wealth creation by machines. Sooner or later, paper money will be decoupled from gold and silver and become a real credit currency. At that time, Jinxia, who is at the forefront of the world, will have the opportunity to obtain the world's coinage rights and obtain unimaginable benefits from it.