The Weapon Tycoon Who Traveled to Great Qin

Chapter 611: Qin Banliang in Circulation

It will take some time for the water theft problem to become a serious threat to the economy. However, some rumors about Qin's domestic funding problems have begun to appear.

In order to absorb deposits. Solve funding issues. Yingyu unilaterally increased bank interest. This move first reacted greatly in the stock market. Xianyang Wenyang Index that day. The index collects one hundred weighted stocks in Qin State. The stock index fell sharply by 90 points. This is almost a plunge. Many stocks fell as soon as the market opened that day. Investors are at a loss. The market sentiment is very panic.

Newspapers have also put forward speculative reports. Although some articles are very unreliable. But basically pointed to a problem. That is the tightening of bank funds. The bank has insufficient funds.

This kind of conjecture soon triggered a run on Qin. A large number of people took their bankbooks to the bank to withdraw their money. Because they are afraid that the bank has no money.

Now Yingyu has an even more headache. I thought that raising the interest rate could attract more people to deposit. But I didn't expect it to have the opposite result. A large number of people flocked to the bank to withdraw cash. People are everywhere in front of the bank. The bank security staff tried their best to maintain order. Simultaneously. The government also sent new police officers. The old style of government officials has been strongly criticized by the newspapers. In exchange for good influence. The State of Qin changed the Yamen into a policeman.

The arrival of the police did not stop the run. The reserve funds in the bank were quickly exhausted. The bank had to suspend business early for a rest. The gate was closed forcibly at one o'clock in the afternoon. The stock market fell sharply after receiving the news. Especially bank stocks. The impact was great. A large number of sell orders are pending.

Shangwen quickly called Yingyu after receiving the news.

"Hey, where are you..." Shang Wen asked anxiously.

"No money." Yingyu shouted directly after receiving the call. Then he deducted the phone severely. Shang Wen heard Yingyu's roar on the other end of the phone. Feeling that something is not good. Call again quickly. Yingyu was disgusted with the ringing of the phone. He drew a bronze sword from the weapon rack at the back and cut off the telephone line. Then Yingyu weakly lay on the phone.

The phone could not be connected for a long time. He immediately drove to Yingyu's office. At the door of the bank. Shang Wen saw the crowds running on the crowd. This is a bad phenomenon. This may in turn lead to the closure of the bank run. If the bank fails. It is estimated that the entire economy of the Qin State will enter an era of decline. This is a sign of an economic crisis.

And on the other side. Xiao He is looking for the cause of the problem from a large number of reports. The reason is not just as simple as the war factor. Economic problems are often a chain reaction. Not one reason can arbitrarily trigger a series of other reasons.

Xiao He saw a surprising phenomenon from the piles of information. This phenomenon has been ignored before. The amount of bank loans outside Qin's mainland almost exceeded the total amount of the mainland and several newly-built states. this means. Qin's domestic banknotes ran outside. Qin’s currency was initially set in accordance with the development of the country. but now. Obviously we can't do that.

The era of Qin State's capital export has begun for some time. And this period is almost the vanguard of the era of capital expansion.

Qin State Bank was established in Zhao State, South Korea, and Yan State. The compound interest calculation method of usury puts many people under tremendous pressure. This is not conducive to the economic development of these countries. But the presence of Qin State Bank. Let the usury industry enter a low front period.

Low interest, simple interest calculation, high-quality service attitude. This allowed more people in Zhao, Han, and Yan to choose Qin Guo Bank. In addition, Qin Banliang has a wide range of uses. Almost all of them have huge trade relations with Qin State. Qin Banliang was also very strong. Because they have enough gold reserves behind them. That's the reason. Let a large number of Qin Banliang banknotes unknowingly enter places outside the Qin State.

Low interest rates have brought about a huge investment wave. In particular, the State of Qin reduced some technical restrictions. Allow large amounts of capital to be transferred out. Qin Banliang quickly flowed to foreign resident banks during a few months of interruption.

Zhao Guo's coal mine, transportation industry. There are also a large number of construction industries with the shadow of Qin's half-and-half banknotes. The labor-intensive factories in South Korea. Construction of railways, highways. Yan's timber, medicinal materials, and slave markets. Qin Banliang is everywhere in these countries.

These countries are also trying to get rid of Qin Banliang's control. But obviously it can't be done. Zhang Liang has studied this bill. But it can't be implemented. There are more Qin Banliang in circulation than the national currency. Even taxation is settled by Qin Banliang. If you don't use Qin Banliang rashly. Then the consequences will be very serious. Finally, the matter had to be stopped.

"The most powerful thing in Qin's country is not his army. It is these cheap, but very valuable Qin Banliang banknotes." Zhang Liang sighed. Qin Banliang's banknotes played a splendid expansion vanguard. Half-two banknotes are scarier than any army. You don’t even know if you were hacked.

Qin Banliang's banknotes will never stop his footsteps. As long as there is contact with Qin State's economy. All have his shadow. In Qi, Wei and Chu. Qin Banliang can be seen everywhere. Qin Banliang could buy back Qi’s sea salt, Chu’s silk, ore, and rice, allowing Wei to produce wealthy wheat for Qin.

With the beginning of Qin's economic expansion, Qin Banliang has unknowingly the tendency to replace currencies of other countries. This trend can be seen as a unified blood. Half a couple of dollars bring various nutrients to integrate the world into a whole. This is the completion of a historical mission. Economic ties are far stronger and more reliable than reunification by force in a reunification war. And the degree of mutual dependence is very high. No one can solve the problem with pure force.

No matter what. One fact has not changed. That is, Qin is still carrying out the accumulation and expansion of primitive capital in the same way as before. This kind of over-expansion presents capital when capital is exported. Especially the problem of the decrease in the money supply. The emergence of this problem is likely to drag down Qin's overall economic decline. Even backwards.

When a country's currency becomes a regional "international" currency. His original amount of money will inevitably decrease. At the same time while fulfilling the "international" currency. Must bear the responsibility brought about by currency. The decrease in the supply of money is a manifestation of Qin's new capital expansion. Qin must resolve this crisis carefully. Only after overcoming the crisis can there be new challenges. Only Qin can fulfill his responsibilities.

The reason is basically found. The next step is how to solve the problem. The government needs to work with banks to solve this problem. Increase the money supply in the market. The liquidity of currency was included in the report by Xiao He. This is the first time that Qin State has encountered money supply and circulation problems.

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