The Imperial Peasant Girl is Both Enigmatic and Dashing

Chapter 111: Not suitable for cooperation

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"What other big banks are there that are servicing the four countries? It seems that there is no big bank like the Qian family in Chu?" Xing Nong asked.

"Well, although Chu's money houses are in all four countries, people in other countries do not trust them. No one uses the silver bills of Chu's money houses for transactions. Over time, the silver bills issued by Chu's money houses are only circulated in Chu. Zhao's Qian's money house is the best. It is used in all four countries and most people are used to using it. Next is Jin's Shen's money house and Yan's Song's money house, which are also doing well. The others are all small money houses."

Xing Nong: "Are all the famous banks owned by the imperial court?"

"Not in name. But the people behind all the banks have extraordinary backgrounds, most of them are royal relatives."

"The Chu State can actually establish a bank in the name of the imperial court, with the backing of the country, which will be more trustworthy. It can also increase the silver that can be mobilized by the national treasury."

Chu Tiankuo nodded and said, "Chu has such a bank, which is managed by the Ministry of Revenue. However, it is far inferior to the big banks in other countries. Chu is too weak, and it is difficult to gain the trust of the people of the four countries."

Even if that bank was not famous among the four countries, it was still a cash cow for Prime Minister Liang in the State of Chu.

The three kingdoms now looked down upon the State of Chu, especially the State of Zhao, which refused to give in to Chu and bullied it everywhere.

He has been working hard over the years just to end this situation step by step.

Only by being strong can you avoid being bullied.

This is true for people and for countries.

Now we can consider opening a money house and then clean up the purse of Zhao State.

Xing Nong then said, "I have a way to allow the bank to establish itself in the four countries at a relatively fast speed."

Chu Tiankuo looked at her, thought for a moment, and said seriously: "If you are willing, I can help you open one."

Anyway, it's the same whether I drive or she drives.

Help her open it? Xing Nong shook his head: "I don't have the financial resources and strength for the time being."

Chu Tiankuo: “I have.”

He knew that she was no ordinary woman and had extraordinary insights.

Each of those recipes about porcelain shocked the four countries and would bring in huge wealth, but she seemed to not want any money and took out a large stack of them at a time.

It was only a matter of time before her financial resources were gone.

"It just so happens that I'm planning to open one too. I'll provide the money, you'll provide the ideas, and we'll split the profits 50-50. You can put in money later, and all the profits will be yours."

It's fine to give her all his share, but if I say that, I'm afraid she won't cooperate.

He found out that she had cooperated with so many people except himself!

Xing Nong shook her head. This fifty-fifty split was taking advantage of him. This idea was different from the other recipes she had given out. After all, without her recipe, the other party couldn't make that share of money. It was different from the idea of the bank. Someone would have thought of this sooner or later. It had no technical content. She thought for a while and said, "Go ahead! I'll tell you the idea. When I have money in the future, you can put it in. If I make a profit, you can give me some. As for cooperation, forget it. It's not appropriate."

With the money and strength I have now, I want to open a bank together? Don't be ridiculous! Ming Xingnong still has some self-awareness.

"Yeah, okay."

It is indeed not appropriate for them to talk about cooperation. Anyway, all the money he earns will be given to her.

"What method do you mean?"

Xing Nong: "Nowadays, when you deposit money in a bank, you have to pay a storage fee every month, right?"

"Yeah." A money shop wants to make money, so of course it has to charge a storage fee.

In addition to collecting storage fees, they also lend money to merchants or ordinary people in need to earn dividends.

Among them, Qian's Money House in Zhao State was the one with the highest storage fee.

Making a fortune every day is not enough to describe it!

"We do the opposite and do not charge any custody fees. Instead, we give depositors some silver as interest according to the proportion of their deposits. The interest is..." Xingnong briefly explained the interest.

"Don't think that the bank won't make money this way. In fact, this will attract more people to deposit money. If the bank has money, why would it be afraid of not making money?"

Chu Tiankuo narrowed his peach blossom eyes: That's right! Now that you have money, are you still afraid that you can't make more money

Money shops rely on absorbing money from the rich and then using the money to make more money.

Next, Xing Nong analyzed how to set interest rates. Fixed-term, demand,... ...

Chu Tiankuo unconsciously took out the silver beads and played with them in his hand, his mind working very quickly.

Xing Nong said and looked at him: "What do you think?"

"Very good." Chu Tiankuo was a little excited in his heart, but he didn't show it on his face. He couldn't help but add: "Very good!"

While he was opening the money shop, he was also cleaning up Qian's money shop.

After he has dealt with the Qian family bank in Zhao State, they can take advantage of the situation to establish their own bank.

Money houses can absorb a large amount of silver, and with this silver they can make more silver to improve the lives of the people of Chu and alleviate the backwardness of Chu.

Chu Tiankuo held the silver bead in his hand and had already thought of the next steps to be taken.

Chu Tiankuo: "Do you have any other ideas?"

Xing Nong thought of something and propped up her chin. She tilted her head and looked at him: "Do you have a lot of money?"

"Not bad." Chu Tiankuo glanced at her. "It's enough to support... my family."

Xing Nong nodded and said, well, generally speaking, “okay” means a lot.

As for the statement that it is enough to support a family, that is just a humble statement and cannot be believed!

He was so good at cheating people out of money that he cheated someone out of two hundred thousand taels in one night, just enough to support his family? Who would believe it!

"If you have enough financial resources and strength, you can find some strong people to cooperate with and open another insurance company."

Chu Tiankuo looked surprised: "Insurance company?"

What is an insurance company

He found that she always used some strange words.

Understandable, but a little novel.

“Insurance companies are… ”

Xing Nong explained it briefly.

"... If we really want to open one, there are many rules and regulations that need to be set, and we also need to prevent people from committing insurance fraud. We'll talk about this later."

Xingnong said so much, but Chu Tiankuo grasped the key point: insurance companies can both make money and benefit the people.

Moreover, he earned money from the rich and used it to help the poor people.

If poor people pay a penny in insurance premium every month, they can ask the insurance company to compensate them for the medical expenses when they are sick. In that case, poor people don’t have to worry about not having money to see a doctor!

This is definitely a good thing that will benefit the people!

Chu Tiankuo looked at Xingnong, her peach blossom eyes shining brightly like stars: she actually has a heart that cares about the people of the world.

Xing Nong didn't notice his look, thinking about the feasibility of insurance companies in ancient times and how they would operate...

For the rest of the journey, the two were discussing matters concerning the money house and the insurance company.

If you travel quickly, it will only take half a day to get to Beijing from Tiananmen.

~

Princess House

Xing Qing got up early in the morning and followed Nanny Yang to learn etiquette.

The first thing to learn is standing posture.

Princess Changle said softly, "Sister, I'll accompany you. This is very easy! I'll show you."

As she spoke, she picked up a bowl of water and placed it on her head.

She held a delicate porcelain bowl full of water on her head and stood there motionless, without spilling a drop.