Chapter 363 The Central Bank "Ming Fed"
After Gao Gong finished talking about the tax plan of the Jingshi Special Zone, he began to talk about the characteristics of the Jingshi Special Zone Development Bank.
Gao Gong continued: "The Jingshi Special Economic Zone Development Bank is different from ordinary banks. It is a bank with different characteristics that emerged with the development of the Jingshi Special Zone."
" Therefore, the operation mode of Jingshi Special Economic Zone Development Bank is also very different from that of traditional banks. Traditional banks only have one commercial service: withdrawal and deposit of banknotes. This traditional bank service is also the basis for the survival of many bank banks. "
"However, due to the large denomination of the banknotes, ordinary people cannot enjoy the convenience brought by the bank. Therefore, our Beijing Special Economic Zone Development Bank has done something on this basis. changes.”
"The Beijing Special Administrative Region Development Bank will issue two kinds of banknotes, one is small-denomination bearer banknotes that have just been redeemed, with denominations of one cent, two cents, five cents, ten cents, twenty cents, fifty cents and one hundred cents. A variety of banknotes of different denominations, which can be redeemed instantly at the counters of all Jingshi Development Zone Bank stores without any fees.”
High. As soon as Gong said these words, some of the people present were confused, some were happy, some were pensive, and some were afraid.
Most of these ignorant people don’t have much idea about money, so for the appearance of this kind of newly exchanged banknotes, they at most think that it is just a small amount of banknotes that are not on the market. , there is no excitement at all.
Those who are happy are pleasantly surprised by the convenience of this small amount of freshly exchanged banknotes, as well as the promise of instant exchange and no fees as promised by the Beijing Special Economic Zone Development Bank.
You need to know the current bank accounts. As long as you go to deposit, withdraw or exchange bank notes, these bank banks will charge a certain percentage of custody fees and profits. For example, if you exchange a one hundred tael bank note, For cash, you may only be able to exchange for more than ninety taels of silver, and the remaining few taels will be the profit of the bank.
Therefore, for ordinary small businesses, they are very resistant to using banknotes from large banks for transactions, because they know that such a transaction method will be a loss for them.
However, sometimes there is so much cash and it is so heavy that it is not only unsafe to carry it, but also inconvenient to hide it. Therefore, these small caravans and small businesses that travel around can only use the wealth they obtain from transactions. Change it to a bank note issued by a major bank, and then deposit and withdraw it in another place.
Now the Jingshi Special Administrative Region Development Bank not only provides small denominations of newly exchanged banknotes, but also charges no fees. This is a great benefit for small merchants.
But they soon calmed down, because the current Jingshi Special Economic Zone Development Bank does not have the ability to connect the world like the large Shanxi Merchants Bank and Yanshang Bank with excellent reputations.
Therefore, even if the Beijing Special Economic Zone Development Bank has such a convenience for just exchanging banknotes, it may only be used within the Capital Special Economic Zone. If you leave the Capital Special Economic Zone and go to other places, you still have to switch to Shanxi merchants or salt merchants. A bank note will do.
Therefore, after being happy, these people also pondered for a while, and they also considered how much benefit costs they could save themselves.
The group of people who are afraid are the people in charge of Shanxi merchants or salt merchants in Beijing. They have been dealing with money for a long time, and their financial sensitivity is much stronger than that of ordinary people.
Listening to Gao Gong's words now, it seems that the Jingshi Special Administrative Region Development Bank has not directly competed with them for business, but if you think about it carefully, if the Jingshi Special Administrative Region Development Bank really starts these small businesses that they are not interested in, , then the impact on them will be huge. You must know that the outer city of the capital is a large city with a population of six to seven million people, and because this place is an important area of the capital, the number of caravans and tourists coming and going far exceeds that of other cities.
Therefore, if the Jingshi Special Economic Zone Development Bank starts this small business, then the largest bank in the world will not be owned by the newly opened Jingshi Special Economic Zone Development Bank.
By then, maybe even big banks like them will be forced to join in issuing this kind of small-denomination newly redeemable banknotes. If they don't join, they may not even be able to do business.
But, will Zhu Zaijing allow them to also have the right to issue small-amount unregistered banknotes?
Obviously this is impossible.
According to Zhu Zaijing's assumptions and logic, this large business name maintained by Shanxi merchants and salt merchants should not even have the power to manufacture banknotes.
You must know the right to issue currency, which is the economic lifeline of a modern country.
If the Ming Dynasty had not maintained a relatively stable and backward small-scale peasant economy, the court would have killed them countless times for their behavior.
So, they are still thinking about issuing small-denomination newly redeemable banknotes like the Beijing Special Economic Zone Development Bank. That is simply wishful thinking!
Because Zhu Zaijing dug a sinkhole on this road a long time ago. If they dare to make it, Zhu Zaijing will definitely make them regret being born in this world.
You must know that Zhu Zaijing now has a professional banknote-making team poached from the Ministry of Household Affairs. I can’t say that the level of these people is the highest, but at least they are the most capable in the world today. A group of banknote makers.
If they take the initiative to make counterfeits, Zhu Zaijing will definitely kill those Shanxi merchants and salt merchants who dare to follow up on issuing small-denomination banknotes!
Of course, Zhu Zaijing also considered directly using the court's legislation to take all the power of printing and issuing banknotes under his own name, the Beijing Special Economic Zone Development Bank, but this road was too difficult to take.
Because of these powerful Shanxi merchants and salt merchants, their relationship network is also intricate.
If Zhu Zaijing had revealed Sima Zhao’s intention to monopolize the entire industry before the Beijing Special Economic Zone Development Bank had made any achievements, then his Capital Special Economic Zone Development Bank would never have been able to open.
So, what Zhu Zaijing has to do now is to turn the Beijing Special Economic Zone Development Bank into a catfish that stirs up rivers and lakes, and then he will add fuel to the fire behind the scenes until all the large Shanxi Merchant Bank and Salt Merchant Bank No. 1 also participated in plagiarizing the small-denomination banknotes issued by the Beijing Special Economic Zone Development Bank, causing the market to become a mess.
Zhu Zaijing could take advantage of the court's righteousness and wipe them out directly, so that they could only retain their original deposit and withdrawal business and be forced to become a "subsidiary" bank of the Beijing Special Economic Zone Development Bank. The Beijing Special Economic Zone Development Bank can transform into a veritable central bank "Ming Fed".
In this way, Zhu Zaijing can be truly invincible and reshape the industry, making these traditional banks evolve towards modern commercial banks.
(End of this chapter)