Naturally, Li Anran could not fail to see Li Shimin's little calculation.

However, Li Shimin thought it was quite beautiful, but Li Anran never thought of being a "gun" for the other party.

If it were the time when he had just traveled to the time and space of the Tang Dynasty, in order to live well in this time and space, Li Anran would not have minded, or in other words, he would have had to be used by the opponent like the protagonists in those fictional historical online novels.

.

Even though Li Anran was very dissatisfied with those protagonists, and was deceived by the ancients so much that he was "relishing it", "enjoying it", and "having no hesitation" in being deceived by the ancients, but at that time he had no ability to protect himself, so naturally he could only be a "human being".

Under the eaves, I had to bow my head."

But now, I am a real immortal from the upper world and descended to the earth, possessing supreme "magic power". If I go to "work" for a mortal emperor, especially if it is such a thing as a spearman, it will not be easy to talk about.

It's so simple, but it's so underwhelming!

Fortunately, although he did not intend to help directly, Li Anran could not completely stand by and watch. Seeing that His Majesty the Emperor of the Tang Dynasty had already spoken, he smiled slightly and said: "Your Majesty, I am not from this world. Ordinarily.

You can't interfere in this kind of thing at all. However, I entered this rolling mortal world because of Your Majesty, and there is indeed some fate between you and me."

"To be honest with you, your Majesty, although I did not find the opportunity to gain enlightenment this time when I went overseas, I did gain something. In addition, the elders in the sect also deduced some secrets. Although I cannot directly intervene in this matter, I

We can also use roundabout ways like before."

Faced with such an answer, although Li Shimin inevitably felt disappointed, he was mentally prepared to be rejected, so he didn't take it too seriously. Instead, he said, "Oh? I don't know what the roundabout way that the real person said is this."

refer to……"

"It's very simple. Didn't His Majesty say before that when the Tang Dynasty used troops against the Turks, it would be more difficult for them to provide food, grass and troops? It just so happens that my bank has a business specifically for situations like this." Seeing the fish take the bait.

, Li Anran said with a smile.

Li Shimin was very curious about the business mentioned just now. After all, the food, grass and military equipment required to use troops against the Turks. Although he was not unaffordable, it was definitely not a small amount that anyone could afford.

However, Li Shimin had already experienced the vastness of someone's supernatural power. However, he was a little confused for a while. What was the connection between the grain, grass and military equipment used in the war against the Turks this time and the People's Bank of China? Is it possible that he wanted to do something about it?

Lending your own money?

Li Shimin had some speculations in his mind. Although he was a little bit dumbfounded about the loan, but after thinking about it carefully, he felt that it was not a bad thing, and maybe he could get some benefits. Then he smiled and said: "Master, I wish

Heard the details."

"Your Majesty, the cost of food, military equipment, etc. to use troops against the Turks is not a small number. If Your Majesty doesn't mind my overstepping, then these expenses will be paid by the People's Bank of China." Li Anran didn't know that the other party was wrong.

, smiled.

Hearing such an answer, Li Shimin felt more and more that his guess was correct. Although he also felt that doing so was not a bad thing, he still managed to maintain the proper posture. He pretended to be surprised and said: "What? Is it true that the real person is

Do you want me to borrow a loan?"

"No, no, no, your majesty misunderstood. What I just said was not to ask your majesty to borrow money from my bank. However, this method is more similar to borrowing money. I call it public debt." Seeing that the other party was thinking wrongly, Li Anran said,

He quickly waved his hand and explained.

"Master, what are these public bonds?" Li Shimin, who had read several books on financial investment recently, was hearing this for the first time and asked in confusion.

Li Anran, who knew that there was no such content in the basic financial information he handed over before, smiled and explained: "Public debt, literally means public debt, but in my opinion, using the country's debt to

A more appropriate description is that it is simply a way for the country to directly borrow money from the people."

"Borrow money directly from the people?" Li Shimin was stunned by this incredible answer. It took him a while to come back to his senses, shook his head and said with a bitter smile: "But...but it's a real person, let alone whether this can be done."

, even if it can be done, how can I borrow it?"

"Is it possible that I need to issue an imperial edict to forcibly borrow money from the people? Wouldn't this be the same as imposing a tax? My dear, if this is the case, please forgive me for not being able to agree. It would be better for me to bear the money myself.

."

Regarding Li Shimin's answer, although Li Anran was not sure how much of it was sincere, how much was for the sake of face, and how much was helpless, but no matter what, he always felt happy when he heard such an answer.

That's pretty good.

Seeing that the other party misunderstood what he meant, he smiled and explained: "Your Majesty, this kind of public debt is based on the credit of the country and is a relationship between creditor's rights and debt formed by raising funds from the people. There is no need to force

Do it.”

"The specific process is that the state issues bonds similar to money bills, and then puts them on the market for the people to buy them. In this way, the people who buy the public bonds become the country's creditors. Of course, everything is voluntary."

Although he has not yet understood the relationship between creditor's rights and debt, Li Shimin instinctively grasped the key point and asked: "Sir, even if people are not forced to buy these public bonds, those people will not buy them without reason.

Land purchase?”

"Your Majesty, in your opinion, as for how to get people to buy public bonds voluntarily, it is very simple to say, that is, to make the return on the public bonds higher than the bank's investment and financial management projects, so that it will naturally attract more people to buy."

"An investment and financial management project with a higher return than a bank?" Li Shimin, who was stunned for a moment, said quickly: "Master, you mean using high interest rates to attract people to buy this kind of public bonds? But how can such a huge number be so huge?

Are the people relieved?"

"It's very simple. I've said it before. To put it bluntly, this public debt means the country borrows money from the people. This borrowing money naturally requires collateral. However, unlike ordinary loans, borrowing money in the name of the country does not require

What actual collateral is required?"

"As long as it is guaranteed by the country's finances and your majesty's credit, it is completely sufficient. I believe that with the prosperity of the Tang Dynasty and your majesty's talents, no one will doubt that the money is not enough." Li Anran explained with a smile, but he did not forget it.

Xiao flattered him.

If someone else said this, Li Shimin would be happy if he heard it, but he also knew that it was just flattering words from the people below. But the person in front of him was a true immortal from the upper world and descended to earth. The other person praised him so much, and he felt so happy in his heart.

It's really fun.

However, Li Shimin was so happy that he didn't get carried away. On the contrary, when he thought about what he just said, he couldn't help but feel palpitations in his heart. After all, someone who can come up with such an incredible method is enough to be considered as a person.

It's worthy of the word "terrible".

Fortunately, the other party was a true immortal who came down from the upper world. Although he had the ability to easily seek to usurp the throne, he had no intention of doing so. Instead, he made various beneficial actions to the Tang Dynasty one after another. Otherwise, Li Shimin would really have

Weigh it carefully.

"Zhenren, there is no way to collect such a huge sum of money in a short period of time with this kind of public debt? Moreover, if it is just like this, what does it have to do with Zhenren's bank?" Li Shimin, who had calmed down his emotions, asked again.

.

"What your Majesty said is true. It is indeed impossible to raise such a huge sum of money in a short time with this kind of public debt. However, it is precisely because of this that my bank needs to come forward." It is not surprising that the other party would ask this.

Li Anran said with a smile.

"Oh? I would like to hear the details." Li Shimin said after pondering for a moment.

"Actually, it's very simple. The public bonds issued this time will be bought out by the People's Bank of China in one go. In this way, your Majesty will naturally no longer have to worry about sales issues." At this point, Li Anran opened his own account again.

Wrist personal terminal.

Just a few minutes later, Xiangyun, who had left before, appeared again. However, this time, what she held in her hand was no longer a box containing several coins and money tickets, but a stack of newly printed

And the document has been bound.

Li Shimin, who took the document from Li Anran, saw the big words on the cover at first glance, and couldn't help but read it out: "Specific suggestions for the Tang Empire to issue bonds?" (To be completed)
Chapter completed!