Chapter 685 The only Way Is to Print Money

"Eunuch Li has a point," Xia Fan looked at Princess Muye and Mr. Three-Eyed Felayton, "which is why I invited them both here."

"The new banknotes will be linked to gold in the early stage to reduce people's concerns. Yongjuan Bank is responsible for providing margin to ensure that the exchange can be carried out on time and in full. Of course, the benefit is that I allow Yongjuan Bank to open new branches on the mainland." He explained, "In addition, you can also choose another way to return, that is, to invest in Jinxia Central Bank and get a share of the profits. No matter which investment, it is a once-in-a-lifetime opportunity."

Felayton is much more sensitive to money than Li Duojin.

He had already had a general impression of Xia Fan's layout in his mind when he heard this.

Natating had never seen paper money, but it did not prevent him from understanding Jinxia City. After visiting around in the past few days, he found that the Eastern city was no worse than the countries in the Sea of ​​Tranquility, and was even more advanced in many aspects. For example, urban sewage pipes, traffic planning, etc., all seemed like something a powerful civilization would think about. In addition, the population of Jinxia City is also surprisingly large, and the market area is always bustling, which shows that the city has great development potential and is an area worth exploring.

He was thinking about how to enter the market of this eastern continent before his colleagues, but he didn't expect Xia Fan to personally hand over an olive branch.

For bankers, lending is always a good business.

If he can be approved to open a bank in Jinxia, ​​it means that he is qualified to lend.

In fact, Felayton has another idea in his mind, which is to transfer the property of Yongjuan Bank.

His Highness Hualin's brother is definitely not a fool. If the news of the princess's escape leaks out, he will definitely find out about himself. By then, let alone the bank manager, Felayton will probably be arrested and sent to the gallows when he returns 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 Muye will have no worries in the second half of his life.

Xia Fan's words were undoubtedly a pillow for a sleepy man. Felayton quickly stood up and saluted, saying, "It is my honor that Lord Xia is willing to invite Yongjuan Bank to participate in the issuance of the new currency. Just ask for the deposit. Yongjuan Bank will do its best to meet your needs within its capacity."

"You want paper money to be freely exchanged for gold and silver?" Eunuch Li was stunned. "What if counterfeit money appears?"

"I have tested this on food stamps." Xia Fan said confidently, "So far, the Security Department has caught six counterfeiting cases, and the reason they were caught is that the food stamps were not counterfeited enough."

To put it bluntly, anti-counterfeiting is a technical job.

The most critical technology is printing ink.

The rarer the raw materials and the more unique the 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 mix into the elves and obtain the corresponding pigment plants. Even if one or two plants are stolen, they cannot reproduce independently.

Adding multi-layer paper, embossing and copper wire paper penetration technology, hand-painted counterfeiters can basically be blocked. It is also difficult for other kingdoms or forces to overcome the special ink barrier if they want to forge.

Xia Fan also took into account the ability of the air sensor.

What if someone can accurately reproduce the banknotes and make up for it with a unique number. If the numbers are the same and the authenticity of the banknotes cannot be distinguished, they can quickly investigate the air sensor in other countries.

In general, there are certain risks in promoting paper money, but in the face of huge benefits, this risk is not worth mentioning at all.

"So that's it." After listening to Xia Fan's story, Eunuch Li felt relieved. He could doubt other things, but he would never doubt the other party's endless means. From burning salt to growing rice on the beach, from mechanical beasts to air rifles, every idea that sounded like a fantasy was realized in his hands. "But what if the people don't recognize it? No one has ever 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 the legal currency of Jinxia, ​​and the Affairs Bureau should ensure its mandatory circulation."

"Mandatory?" Eunuch Li was stunned. He rarely heard the word mandatory from the other party.

"That's right. All future salaries of the Bureau will be converted into paper money. Food, seafood and salt can only be purchased with paper money. In addition, any caravan entering Jinxia Merchants must not refuse to accept paper money - I allow them to exchange paper money for gold and silver afterwards, but as long as the people take out banknotes during the transaction, they must accept them."

"Is this practice... a little too overbearing?" Hua Lin hesitated and said, "If it were in Natating, 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 in the countries of the Tranquil Sea, the power of the merchants in Qi State is completely not on the same level.

The courts of all dynasties would never allow merchants to intervene in the governance of the country.

If the chambers of commerce seen in the Saint Wing Islands have already had the prototype of multinational capital, then the big merchants in Qi State tend to convert money into land and real estate, and eventually become a wealthy landlord class.

As for those peddlers, it is even less likely that they have the ability to challenge Jinxia.

"Don't worry, they will just complain a little at first. When paper money is gradually accepted by the majority, they will be grateful for this change." Xia Fan replied with a smile.

He is full of confidence in the power of Jinxia City.

To put it bluntly, why should they use the special currency issued by the Affairs Bureau?

The answer is that Jinxia's products are competitive enough.

This year will be a good year. Not only will the weather be good, but the planting of beach rice will also be successful. With the large amount of grain output in Gaoshan County and other places, plus the rice in the experimental fields, Shenzhou's grain is expected to reach a new peak in history. But this year, other state cities missed the best planting season due to the war, and a large-scale harvest failure is inevitable. At this time, if Jinxia can provide stable grain exports, it will inevitably attract a large number of merchants.

In addition, traditional sea salt, various ironware formed by stamping, elf fruits, canned seafood, etc. are all good goods that are not available outside, and they can make money as long as they are shipped out. In this case, he doesn't worry about merchants not coming. What's more, the policy also allows merchants to convert paper money into traditional silver money when they leave Jinxia, ​​and the resistance in this regard will only be lower.

If he had a worry about the deposit before, fearing that a run would be caused by some forces secretly fueling the flames, now with Feleton's joining, even this loophole no longer exists.

As long as the total amount of paper money issued is controlled, it does 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 came to the stage of industrial mass production, no precious metal could catch up with the speed of machine wealth creation, and paper money would sooner or later be decoupled from gold and silver and become a real credit currency. By then, Jinxia, ​​which was at the forefront of the world, would have the opportunity to obtain the world's coinage rights and gain unimaginable benefits from it.