Chapter 783: Chapter 783: National Debt

Facing the stubborn Wilson, Aslan could only nod helplessly.

He also noticed the increasingly large system of Dong Yapu Company, and in order to avoid any unavoidable incidents in the future, Aslan decided to take action against Dong Yapu Company.

Although the East Asia Pu Company will receive less money every year in the future, it will be impossible for the East Asia Pu Company to develop into the East India Company due to the restraint of the empire.

"Okay, I'll ask Nuomili to go to the Yadong subcontinent in person."

It was Aslan who had thought about sending Nuomili out, and it was useless to send anyone else. Only she could suppress Ranmallock and Flada, no matter in terms of status or strength.

Wilson was overjoyed immediately.

"Your Majesty, I have to apply for another batch of loans from your small treasury."

When Aslan heard this, his face darkened instantly.

Wilson is keeping a close eye on his small coffers.

At the beginning of the year, he took out an interest-free loan of nearly 100 million gold coins from his small treasury, and the repayment was still divided into five years.

This time, he wanted to put his mind on his small coffers again.

Aslan's small treasury is the wealth that the Tianping Group has accumulated for so many years.

Over the years, he has been used by Jason to make various investments, earning more and more money. It is no exaggeration to say that Aslan's current wealth is greater than that of the empire.

Because of this, Wilson always put his mind on Aslan.

The reason why Aslan established his own small treasury is very simple, that is, he does not want to be an emperor who is stuck in the neck. This can be seen from the history of China. Once the emperor loses his own small treasury, it is easy to be stuck by the ministers , I have no confidence in speaking.

"I've thought of a way to make money." Aslan slammed the table, startling Wilson and Essien.

Wilson came back to his senses and said sullenly, "Your Majesty, don't change the subject, it's about the loan."

"Don't listen to me in a hurry." Aslan quickly comforted Wilson, and then said: "We can issue national debt!"

"National debt?" Essien was confused.

Wilson seems to have heard this term there.

Hirkin was the first to realize that after connecting with Blue Star, she was very interested in various cultural knowledge of Blue Star and learned a lot of new knowledge.

He had just learned the term national debt not long ago.

"Your Majesty, do you mean the national debt?" asked Hilkin.

Aslan nodded and said, "Silkin, since you know, explain it to the elder."

Shirkin nodded and said: "The national debt is also called the national public debt. It is a credit-debt relationship formed by the country based on its credit and by raising funds from the society in accordance with the general principles of debt. The national debt is a bond issued by the state. A government bond issued by the central government to raise financial funds is a certificate of debt issued by the central government to investors, promising to pay interest and repay the principal at maturity within a certain period of time. The issuer of treasury bonds is the country, so it has the highest credit and is recognized as the safest investment tool.”

After hearing this, Aslan couldn't help clapping his hands.

"A beautiful answer."

"Well, it's like we raise funds from the public for loans?" Wilson asked.

Aslan nodded.

Wilson shook his head directly.

"Then no interest will be paid."

Hearing this, the corner of Aslan's mouth twitched. What Wilson meant was that the loan from his own small coffers would be free of interest.

I also want to be a white wolf with empty gloves.

"Don't even think about it. I will issue national bonds this time. As long as the interest rate is higher than that of the bank, I will issue 20 billion new Merlot coins first, and I will buy 5 billion new Merlot coins in the name of the emperor." Aslan said directly When said.

"Two billion new Merlot coins." Essien was shocked by this figure.

Wilson calculated carefully and was almost fooled by Aslan.

He is very clear that Aslan still has about 120 million gold coins saved in the Imperial Bank, and he can earn more than 3 million gold coins every year just by paying interest, but Will's confidence is hurting to death, and this is what makes him most depressed. A sum of money that he could not embezzle at all, because Aslan used it from time to time.

After connecting with Bluestar, they bought and bought all kinds of things. Although the empire did not need to pay a penny, the money spent made Wilson feel like he was about to have a heart attack.

His purpose this time is to loan 100 million gold coins to Aslan, which will cost 10 billion yuan in new Merlot coins, and he can just give an annual interest rate of a few percent at that time.

Now Aslan tricks him into selling the national debt, and the interest rate is at least higher than the existing bank interest rate. He will lose hundreds of millions of New Merlot coins a year for no reason. How can an iron cock like Wilson be willing.

Essien is very supportive of Aslan's plan.

"You can try it." Essien pulled his old friend.

Hirkin was also very supportive.

His Majesty’s small treasury is indeed very rich, and he makes money quickly, but he spends money faster. This time to build a navy, no surprises, warship weapons and equipment are still provided by Aslan’s small treasury. As long as the empire’s finances are responsible for the future Daily expenses of the army.

Wilson was pulled out of Aslan's office by Essien, and Aslan couldn't help but breathe a sigh of relief.

What Aslan didn't know was that after Wilxin left Aslan's office, his original iron rooster appearance disappeared without a trace, and he showed Essien a sly smile, which made Hilkin question marks all over his face.

"Second elder, who is this?" As a university scholar, Hirkin had a deep tradition of asking when he didn't understand.

"We are acting on purpose to show His Majesty. If I don't play this trick, how can I get His Majesty to pay for the national debt! As for the loan, it is just thinking about it. It is imperative to form a navy. The empire's finances are simply unable to support it. If His Majesty alone can find a way, we can't push too much, His Majesty bought the national debt himself, are you worried that other nobles won't buy it?" Wilson said meaningfully.

Xier Jin reacted instantly and quickly gave a thumbs up.

It didn't take long for City Hall to release news about the national debt.

At seven o'clock in the evening, many people who don't have to work overtime at night are sitting around the radio, listening to the news broadcast at seven o'clock every night.

"According to the latest financial report of the empire, the reconstruction of various regions is imminent due to the long-term war. In order to ensure that the reconstruction and recovery of various regions will not be affected, we hereby issue 20 billion new Merlot currency national debt..."

The people who were on the radio were stunned. They just heard a terrifying figure, 20 billion new Merlot coins.

Only a few people have this brand-new banknote, but they are still very clear about the exchange rate of the new Merlot.

"Treasury bonds are all fixed-rate, fixed-term varieties, with a coupon rate of 3.8% per annum and a maturity of 5 years. The interest will be paid on a yearly basis, and the interest will be paid on October 10 each year, and the principal and all interest will be repaid on July 10, 2007 in the Merlot calendar."