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Chapter 418 Public Debt

Li Anran naturally couldn't see Li Shimin's little abacus.

However, Li Shimin wanted to get it very beautiful, but Li Anran never thought of being a "gun" for the other party.

If it was when he had just traveled to the time and space of the Tang Dynasty, Li Anran would not mind if he could live well in this time and space, or he would have to be used by the other party like the protagonists in the online novels of the superficial history.

Even though Li Anran was not used to those protagonists, and was cheated by the ancients and "loving it" and cheated "without hesitation", he had no ability to protect himself at that time, so he could only "below the roof and had to bow his head."

But now, once I am a real immortal in the upper realm, I have the supreme "magic power". If I go to "work" for an emperor in the mortal world, especially if I am a gunman, it will not be as simple as talking, but it will be too much!

Fortunately, although he did not intend to help directly, Li Anran could not stand by and watch. Seeing that the Emperor of the Tang Dynasty had already spoken, he smiled and said with a smile: "Your Majesty, I am not a person in this world, so I cannot interfere in such matters at all. However, I entered the world because of Your Majesty, and there is indeed some fate between you and me."

"I'm not hiding this time, although I didn't find the opportunity to attain enlightenment this time, I also gained some gains. In addition, the elders in the sect have also derived some secrets. Although I cannot directly intervene in this matter, I can still use a roundabout way like before."

Facing such an answer, although Li Shimin was inevitably 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 real person said about this roundabout way..."

"It's very simple. Didn't Your Majesty say before that, would it be more difficult for the Tang Dynasty to use military forces against the Turks? It just so happened that my money house has a business, which is specifically for similar situations." Seeing that the fish were caught, Li Anran said with a smile.

Li Shimin was very curious about the business he said just now. After all, although he was not unable to afford the food, grass and military sounds he needed to use for the Turkic military, he was definitely not a small number that anyone could bear.

However, Li Shimin had long understood someone's supernatural powers. However, for a moment, he was a little confused. What is the relationship between the food and grass used to use for the Turks this time and the military sound and the People's Bank of China? Could it be that he would lend himself?

Li Shimin, who had some speculations during the teleportation of his mind, was a little amused and crying about lending, but after thinking about it carefully, he felt that this was not a bad thing, and he might have some benefits. He smiled and said, "Real person, I want to hear it carefully."

"Your Majesty, the cost of food and military shocks that would be consumed in the Turkic military use is not small. If Your Majesty doesn't mind my interfering affairs, then these costs will be paid by the People's Bank of China." Li Anran, who didn't know that the other party was thinking wrong, smiled.

Hearing such an answer, Li Shimin felt more and more that his guess was right, and although he also felt that doing so was not a bad thing. But he could still show his attitude. He pretended to be surprised and said, "What? Is the real person trying to let me borrow money?"

"No, no, Your Majesty misunderstood. What I just said was not to let Your Majesty borrow in my money house. However, this method is more similar to borrowing. I call it a public debt." Seeing that the other party was thinking wrong, Li Anran quickly waved his hand and explained.

"Real person, what is this public debt?" Although I have read several books about financial investment recently, it was the first time that Li Shimin, who heard this famous one, asked in confusion.

Li Anran, who knew that there was no such content in the basic financial information he had handed over before, explained with a smile: "Public debts are literally the common debts of the public, but in my opinion, it is more appropriate to describe the debts of the country. Simply put, it is a way for the country to borrow money directly from the people."

"Borrow money directly from the people?" Li Shimin, who was stunned by this incredible answer, came to his senses after a while, shook his head and smiled bitterly, "But... but real people, let alone whether this matter can be accomplished, how should they borrow it?"

"Is it possible that I need to issue an imperial edict to force money from the people? Isn't this the same as forcibly levying taxes? If this is true, please forgive me for not being able to agree. It is better for me to bear the money myself."

Although Li Anran could not be sure that some of the points in this statement were sincere, some were for the sake of face, and some were helpless, no matter what, it was always a good mood to hear such an answer.

Seeing that the other party misunderstood his meaning, he immediately explained with a smile: "Your Majesty, this kind of public debt is a relationship between debt and debt formed by raising funds from the people based on the credit of the country. It does not need to be forced to do it."

"The specific process is that the state issues bonds similar to money notes, and then puts them on the market and buys them by the people themselves. In this way, the people who purchase the government bonds become the creditors of the country. Of course, everything depends entirely on voluntary."

Although he had not yet figured out the relationship between the debt and the debt, Li Shimin instinctively grasped the key point and asked: "Real person, even if this public debt is not forced to buy it, those people will not buy it for no reason, right?"

"Your Majesty has a great opinion. As for how to make the people consciously and voluntarily purchase public debts, it is very simple to say, that is, to make the returns of this public debt higher than the investment and financial management projects of the bank, so that it will naturally attract more people to buy them."

"The investment and financial management projects with higher returns than money shops?" Li Shimin, who was stunned for a moment, quickly said: "Real person, do you mean to use high interest rates to attract the people to buy such public debts? But how can such huge numbers make the people feel at ease?"

"It's very simple. I said before. To put it bluntly, the state borrows money from the people. If you borrow money, you naturally need to have collateral. However, unlike ordinary lending, you don't have to take out any actual collateral to borrow money in the name of the country."

"It is completely enough to guarantee it with the country's finances and His Majesty's credit. I believe that with the prosperity of the Tang Dynasty and His Majesty's great talent, no one will doubt that the money will not be paid." While explaining with a smile, Li Anran also flattered her.

If someone else said this, although Li Shimin would be happy after hearing this, he also knew that this was just a saying that the people below were pleased. But the person in front of him was a true immortal who came down from the earth in the upper realm. The other party praised him so much, and he felt really excited.

However, Li Shimin was not proud of his feelings. Instead, he thought about the words just now and couldn't help feeling a palpitation in his heart. After all, someone who could come up with such an incredible method was enough to think of the word "terrible".

Fortunately, the other party was a true immortal from the upper realm. He had the ability to usurp the throne easily, but he had no intention of doing so. Instead, he made various beneficial actions to the Tang Dynasty one after another. Otherwise, Li Shimin would have to think carefully.

"Real person, there is no way to raise such a huge sum of money in a short period of time, right? Moreover, if it is just like this, what does it have to do with the real person's money house?" Li Shimin, who was very happy to clean up his emotions, asked again.

"Your Majesty is very much. This kind of public debt cannot be collected in a short period of time. However, it is precisely because of this that my money house needs to come forward." Li Anran, who was not surprised that the other party would ask this question, said with a smile.

"Oh? I hope to hear it carefully." Li Shimin said after pondering for a moment.

"In fact, it's very simple. The public bonds issued this time will be bought out by the People's Bank of China at one time. In this way, there is no need for His Majesty to worry about sales issues." Speaking of this, Li Anran opened his wrist-style personal terminal again.

It was only a few minutes before and after, Xiangyun, who had left before, appeared again. However, this time, what she was holding in her hand was no longer a box with several coins and tickets, but a stack of documents that had just been printed and bound.
Chapter completed!
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