The first lord of the poor family

Chapter 540
The key bank is guaranteed by Lin Hai's firm and the court, so there is no need to worry about its reliability.

Some people from some firms exchanged some banknotes even for the sake of face and to support the bank.

After all, many businesses rely on Lin Hai to make money.

Exchange some banknotes as a meeting gift.

On the first day it opened, more than 3 taels of silver had been exchanged.

This was beyond Lin Hai's expectation.

Although they are all acquaintances, as long as someone has used it first, they will find it very convenient.

With more publicity, more people will definitely use banknotes for consumption.

In order to stimulate more ordinary people to use banknotes.

Lin Hai also released a message for all major businesses under his name.

Use banknotes to spend in the store and get discounts on everything.

The lowest is [-]% off to [-]% off.

Depending on the profit of the goods, the discounts given are also different.

Just treat it as a promotional activity, and it can also drive the circulation of banknotes.

As soon as this news came out, it really attracted the attention of many people.

It's just a matter of going to the bank to exchange some money, so it won't be too much trouble.

You can save a lot on eating and shopping.

Don't miss such a good thing.

The number of people exchanging banknotes increased rapidly.

Some people even go to the bank to exchange the amount of money for the amount of banknotes before buying something.

Of course, the people who use banknotes are also wealthy households who spend lavishly.

Carrying too much money is not convenient at all. Once you use a banknote once, you will never be able to leave it again.

Especially when visiting high-consumption places like brothels.

Carrying dozens of taels of silver or gold was extremely heavy.

Use banknotes to make purchases and just carry them with you.

Lin Hai took a fancy to this. Those high-consumption places had quotas for exchanging banknotes every month.

Discounts are given within a certain period of time, and there is no handling fee for exchanging banknotes for cash.

This also increases the enthusiasm of some businesses to collect banknotes.

In just a few days, banknotes have become more and more frequently used and widely used.

From the beginning, merchants used banknotes to do business and exchange money in other places.

Nowadays, many people are accustomed to using banknotes for consumption.

The bank will also regularly send clerks to the streets to popularize the knowledge of banknotes to the people.

Let everyone learn how to distinguish real banknotes.

Use various methods to prevent people from taking the opportunity to forge fake banknotes to defraud people.

Of course, the government has also stepped up inspections.

If someone uses fake banknotes to defraud people, solve the case immediately and quickly.

After all, there are not many people who would dare to cheat if they have previous lottery experience.

Once caught, the easiest way is to be beheaded.

What's more, after seeing the banknote, they knew that they couldn't fake it with their skills.

This kind of paper is so special, you can tell if it is real just by looking at it and touching it.

There are some paper-making workshops with evil intentions, thinking of imitating this kind of paper.

But after a lot of effort, I still couldn't do it.

You can only give up.

More than half a month after the bank notes were issued, there is still no news of fake bank notes.

This shows that this banknote is very successful and its safety can be completely guaranteed.

The banknote exchange finally reached 50 taels, and the exchange amount was increasing rapidly almost every day.

It is estimated that it won’t be long before bank checks will be used for large purchases.

After all, one tael of silver is still a huge amount of money for many families.Not everyone can afford it.

Only wealthy households and rich people can spend such a large amount of money.

Lin Hai allocated 10 taels of silver and sent it to the imperial treasury.

Gong Yanwu has also been paying attention to this matter. She didn't expect that she had already made so much money in just half a month.

Feeling extremely surprised.

Moreover, Gong Yanwu also has a set of banknotes in her hand. The banknotes are made so delicately, which is incredible.

"You are so capable. You made hundreds of thousands of taels of silver so easily." Gong Yanwu was amazed.

I really admire Lin Hai's method of making money.

“Not all of this money is earned, only part of it can be taken out in proportion.

Even if the 10 taels of silver are taken out, they will have to be earned back slowly in the future to fill the hole.

After all, once bad rumors appear, there will be a mass crowd.

You must ensure that there is enough money in the bank.

Otherwise, once the credibility is lost, the bank will never be able to open again! Lin Hai explained very seriously.

"I see, you will be in control of the bank, and you can do whatever you want!" Gong Yanwu agreed.

Anyway, the court is not short of money now, and Lin Hai saves all the money he earns.

Even if a large amount of money is invested in shipbuilding, it is not all at once.

Construction may take several years.

By attacking a few more enemy countries, you can collect more money, without much pressure at all.

"After a while, I estimate that the size of the banknotes will reach tens of millions of taels.

As long as our credibility is sufficiently guaranteed, more and more people will exchange their silver for banknotes.

Storage is also much more convenient than silver.

I think a large bank should be built in the palace to store the extra money from the bank.

At least it's safer than leaving it outside! Lin Hai suggested.

There is no safer place in the world than the palace.

Those thieves can't get in at all, and there's no need to worry about being stolen.

"This is a good idea. Just do as you say!" Gong Yanwu simply agreed.

Of course, Lin Hai would not put all the money in the palace, but only store part of it.

This is also to show the world that the bank's issuance of banknotes is supported by the imperial court.

As long as the imperial court does not fall, there will be no problem with the banknotes.

The key is to prevent a foolish king from suddenly appearing and destroying the entire Great Xia.

There is too much money stored in the palace, and he might take the opportunity to take all the money for himself.

Once the front load cannot be exchanged, it will lead to a bank run.

All banknotes will become pieces of paper.

There is no need to worry about this kind of thing in the next few decades.

But considering the long-term development, it is still necessary to hand over the money to the bank for control.

Of course, Lin Hai would not tell Gong Yanwu these words.

Ancient people had limitations in how they viewed things, and some truths could not be explained clearly.

"The money has been delivered, I will go back first!" Lin Hai said hello and was about to leave.

"Wait a minute, I haven't seen you for several days, why are you in such a hurry to go back?
Can I still eat you? "

"It's a little inappropriate in broad daylight!"

Lin Hai has been with Qiaoer and the three of them every day these days, and there are always times when the gun goes off.

Seeing the look in Gong Yanwu's eyes, she felt a little weak.

No matter how strong the cow is, it can't withstand plowing the fields every day.

"What are you thinking about? There is a lot of news coming from the border, and I want you to analyze it carefully!
There is another change in Goryeo, and it is forming an alliance with the Jin Kingdom and the Khitan.

We have to guard against it. "Gong Yanwu said seriously.

(End of this chapter)