Ye Hua did not use any magic method. Borrowing debts has interest. People often like to view money and things in opposition. In fact, currency is also a commodity. Isn’t the interest of currency the profit of commodity?

Following this idea, the problem of debt owing is not difficult to solve. The court issued debts in essence, not borrowing money, but creating a special commodity.

It’s like you bought a car and used it for a while, but don’t want it anymore. You can’t go to the car company to return the goods. You have to go to the second-hand market to sell it...

So, the bond market is the second-hand bond market. If you want to exchange it, just go to the bond market for sale... For the Great Zhou court, you only need to make up the interest budget every year, and you can even issue new bonds to repay old bonds. As long as you control the total amount of debt, there is no problem...

Are you very familiar?

That's right, this is the routine of "Beautiful Brother". Some people think that holding more than one trillion yuan of bonds in their hands can force them to pay back the money like a creditor.

But I'm sorry, I won't give you money!

If you want to exchange it, just go to the bond market for sale.

But the problem is that when the bond market suddenly sells trillions, no one takes over, and the bond market collapses, your trillion will become waste paper and have no value.

Of course, this move can severely damage the bond market, but in the end, it is still a thousand-destroying one thousand to kill 800 enemies. Some of the gains are not worth it and cannot be used easily. After all, foreign exchange is also exchanged for by ordinary people with their blood and sweat, so how can they be wasted easily!

Doesn’t it sound very frustrating, but I’m sorry, this is called hegemony!

Today's Great Zhou definitely has the capital to play the hegemony game.

Those merchants originally wanted to force the court to pay off their debts, then attack banks and scrap paper money... but as the bonds were listed, the whole situation changed.

They can also sell, but the storm will only stay in the bond market and cannot directly impact banks.

On the contrary, if the bond prices plummet, the court could have a very small price to recover these bonds.

In other words, it means that the court sells high and buys low, and invisibly passes the debt crisis out.

After a brief trade-off, businessmen found that the most beneficial way for them was to hold bonds and gradually reduce their holdings at the appropriate price, or simply absorb a large amount of bonds when profitable!

Moreover, these merchants also discovered that although the court had played tricks, the interest was real.

Compared with deposits, treasury bonds are still very competitive.

It seems that the court will take over the debts in the future...

OK, it's so great!

Champion Hou!

Ye Hua!

You are the devil!

How many people are studying Ye Hua's methods without sleeping, the more they study, the more they feel that they are seamless and terrifying!

The most shocking thing is Chai Rong, he just wanted to laugh three times.

Ye Hua is such a treasure. He can always walk out an incredible road when there is no road!

His Majesty the Emperor immediately summoned Ye Hua into the palace. The Crown Prince Guo Zongxun was like a little tail, following Ye Hua with a flushed face.

"Master, it's so awesome!"

The little guy stretched out two thumbs.

Ye Hua smiled indifferently, "It's all small tricks, not worth mentioning."

The little guy didn't agree, "Master, do you know? After hearing your method, my uncle was stunned and kept muttering, it was impossible, impossible!"

Guo Zongxun said in an exaggerated tone: "Uncle said that everything cannot appear out of thin air... But he couldn't understand why Master could make something out of nothing?"

"Hahaha!" Ye Hua laughed, "Brother Xing learned math and stuffed his brain. He didn't know that there was something called expectation!"

"expected?"

"It is the future, or it can be said to be the Pure Land of Buddhism!"

Ye Hua smiled and said, "Your Highness, monks are real masters. They draw a big cake and then make money all over the world. How many good men and women would rather eat less than give the money to the temple and pray for a good life in the next life. But monks never care about the next life, and everyone eats fat and big ears!"

Ye Hua concluded: "Compared with those people, I am quite kind. Not only did I issue bonds, I also had to pay interest!"

Faced with the logic that is so powerful that it is beyond replenishment, Chai Rong and his son have nothing to say.

The so-called stock market, bond market, futures... is about selling an expectation. If you believe that the future will be better, buy it. If you are worried, sell it.

Whether you buy or sell, you have to pay taxes, and the treasury has added a stable tax.

And you can also issue bonds with your left hand and currency with your right hand to fill the country's use!

"Ye Qing, in this way, does the Great Zhou never have to worry about the deficit? I can let go?" His Majesty's eyes were shining, and he was ready to fight again.

Ye Hua hurriedly said: "Your Majesty, I say that financial games are a path. The problem is here. Financial transactions or short selling... Those wealth figures are all on paper. If the imperial court issues too many currency bonds, everywhere, everyone will realize the depreciation and start selling, it will cause a huge crisis... Also, if the imperial court is not cautious, assuming that the war is defeated, the change of expectations will also cause fluctuations in the financial market."

"In a word, the stock market and bond market can not only amplify wealth but also amplify dangers. I dare to make suggestions, and I also ask Your Majesty to be very cautious! Compared to the past, you must be more cautious!"

Chai Rong thought about it, and gradually understood the key.

Financial games are a process of becoming stronger and stronger... After seeing the opportunity, leverage, leverage several times of wealth, and use other people's money to create value for yourself.

Similarly, once you make a mistake, the risk will be raised on yourself.

This is true for individuals, and so for the court!

Financial games can be played, but you can't be addicted to it...

"This is like moving forward with a heavy burden, you must be very cautious." Chai Rong concluded incisively: "Those old ministers are definitely not able to understand the key. Keeping them in the court is also a place to eat. I need more shrewd and capable ministers to manage the country for me!"

His Majesty’s words are equivalent to setting the tone of the imperial court’s metabolism.

After returning from the Ministry of Revenue, Fan Zhi quickly wrote a letter to resign, and even wrote seven books in one breath, with his sincere words that were unusual.

After thinking about it, Chai Rong still felt that he wanted to give the old minister some face. After all, it was the person Guo Wei left for him, and he was beaten up in one breath, which was too unkind.

Chai Rong added Fan Zhi as Duke of Qi, Grand Tutor, and a stay in Luoyang... In a word, let the old husband go to Luoyang to take care of his old age.

Fan Zhi immediately resigned, left the capital, and went to Luoyang to enjoy his old age.

As soon as Fan Zhi left, the entire court had a total change.

Many people think that Ye Hua will take advantage of the situation to take over the Prime Minister and complete the feat of becoming a general and becoming a prime minister.

But what is surprising is that the position of Prime Minister falls into Wang Pu’s hands!

As the leader of Chai Rong's trust, Wang Pu has been practicing in Hedong for many years and has outstanding political achievements. In addition, he is an honest official and outstanding ability, becoming the prime minister is considered a popular choice.

However, before Wang Pu took office, he submitted a memorial to Chai Rong, and Wang Pu believed that since the Political Affairs Hall was abolished, he should not be called the prime minister.

The Grand Secretary of the Cabinet was mainly a monarch, in order to highlight the meaning of assisting the master. Wang Pu suggested rename the Prime Minister as the "Primary Auxiliary", the second minister as the "Second Assistant", and the other ministers as the "Cluster Assistant".

Wang Pu’s suggestion was approved by Chai Rong.

His Majesty the Emperor took another solid step on the road to authority!

It is worth mentioning that there is another person who entered the cabinet, which is the former Hanlin Bachelor, the current left assistant minister of the Ministry of Rites. He took over the Grand Secretary of the National History Museum and focused on education issues.

This arrangement is very unexpected. Li Si is Feng Dao's student and Ye Hua's senior brother. However, he is arrogant and perverted, and has talent, but he is a sarcastic person. Except for a few people, no one looks down on him, and even his desire for fame is not strong. Others are promoted, but he stays still and doesn't care.

The promotion to the left minister of the Ministry of Rites was because the Ministry of Rites had a major imperial examination case and the original few people were cleaned up, so Li Si barely took over.

Who would have thought that he would jump into the cabinet just a few days after taking over the office.

There are really not many people who are convinced by Li Si.

But just like that, not many people dare to attack Li Si.

In this strange atmosphere, Li Sixuanma worshipped the minister!

"The saint promoted me to the cabinet, but there were only two things. One was to replace Wang Pu and Wang Xianggong and do a good job in the reform of Confucianism. The other was to innovate education... Not to mention astronomy, calendar, arithmetic medicine, metallurgy, weapons, machinery, finance, and other disciplines that emerged over the years, traditional scholars knew nothing about it!"

Li Si said sharply: "After ten years of hard work, I learned all the useless things, and they are pitiful enough!"

In fact, education reform has not been there for a day or two. Dazhou School is there, but the question is that if you want to create a new school, where can you find so many teachers who are proficient in new knowledge?

After years of preparation, the Dazhou Academy has trained tens of thousands of newcomers, including Suiyang Academy, Youzhou, Jiangning, Luoyang, Chang'an, Yangzhou and Suzhou, and the talents of the prefectures in these places are considered to be careless.

"Now there is only one problem left, it depends on how much money the court can give me."

"How much do you want?" Ye Hua asked casually.

Li Si thought for a long time, "Just like the branch, you have to spend at least 20 million yuan!" Li Si was not very sure whether the court could afford the money.

"Hahaha, there is no problem with this. I talked to Mr. Wang. His meaning is to use it for education. No matter how much it is, he plans to spend 30 million yuan!"

"What?" Li Si jumped up in shock, "It's really so much? Didn't the court still cause a deficit just now? I heard that there was no money to reward soldiers."

Ye Hua gave him a blank look, "This is the yellow history from many years ago. Don't you care about the stock market?"

Li Si spread his hands, "You don't know that I don't have more than my usual money! Not to mention playing with stocks, even the thrush I raised a few years ago turned to the light, and I'm disgusted for being too poor!"
Chapter completed!