Chapter 397 Veto Power
The concept and structure of the Federal Reserve were naturally not imagined by Zhu Zaijing.
After all, the knowledge and insights in finance are also some of the knowledge of the times that Zhu Zaijing had a little knowledge of before traveling through time.
And with Zhu Zaijing’s insights and knowledge in high positions over the years, he also has a new understanding of the concept of "Federal Reserve".
That’s why today’s meeting took place.
Zhu Zaijing actually wanted to use his current identity and power, as well as the power and resources he currently controls, to carry out a financial design and financial reform that is in line with the national conditions of the Ming Dynasty.
Zhu Zaijing knew that interests were the basis of all cooperation. Even if the imperial power wanted to maintain long-term rule and stability, it must have interests and cooperate with the people of the world.
Otherwise, even the supreme imperial power may not always be able to stay high and make people afraid to look up.
Therefore, when Zhu Zaijing wants to design the Federal Reserve, he must plan the core interest issues well and make everyone feel that this is a win-win cooperation, then this matter will naturally fall into place.
Zhu Zaijing said: "This is what I imagine the Federal Reserve to look like."
"First of all, there will be fifteen director seats in the Federal Reserve. These fifteen director seats correspond to the two capitals and thirteen provinces of the Ming Dynasty. Everyone can understand that each board seat becomes a stake in the owner. Therefore, since the Federal Reserve is to be established, Then all participants will naturally have the corresponding right to make suggestions and vote."
"Otherwise, how can we protect everyone's common interests?"
Zhu Zaijing. As soon as this sentence came out, everyone nodded in deep agreement.
The problem mentioned by Prince Yu is indeed true. If the interests of everyone cannot be guaranteed, then the Fed will definitely not be established. Even if it is forcibly established, everyone will be in harmony with each other, making things become complicated. Worse worse.
So, when Zhu Zaijing made this suggestion that could guarantee all interests, naturally no one would object.
Moreover, the fifteen director seats are more than enough for everyone present. Everyone has a share. Who would refuse at this time?
After all, if there is such a big tree to rely on, small banks will naturally not have to worry about being swallowed up by large banks.
So at this moment everyone's meaning was very clear. They replied to Zhu Zaijing: "The prince's words are extremely wise, and the common people have no objection."
Gao Gong and Zhang Juzheng also looked at Zhu Zaijing. They never dreamed that Zhu Zaijing would release fifteen seats to everyone present.
You must know that it is now the home court of the Beijing Special Economic Zone Development Bank, so there will be no problem even if it is stronger.
However, Zhu Zaijing did not choose to be strong, but chose to decentralize power, which made Gao Gong and Zhang Juzheng puzzled.
In fact, they don’t understand it, but it is easy to understand.
After all, as professional bureaucrats, even if their thinking is more agile and responsible than ordinary officials, they cannot escape the centralized and upward management model. Of course, this model is not bad, but because this model is good when it is strong, but once it encounters risks, it becomes extremely fragile, and its fault tolerance is very low, and it is easy to collapse at the touch of a button.
There is also this kind of centralized and upward management model. It’s okay if you don’t make mistakes. Once you make a mistake, there is no buffer space to stop it, and you will just rush into an irreversible dead end. .
Therefore, Zhu Zaijing must be cautious about the new concept of finance, which requires caution and is related to the future national destiny of the Ming Dynasty, and cannot place his hopes on any so-called strongman.
Because history has continued to prove that behind any so-called strong man, there will inevitably be a fragmented "prosperous age". Everyone will either live in disgrace or live numbly, and will not be full of so-called future. expectations.
If we insist on talking about expectations, then their only expectation is that the strong man dies as soon as possible!
Give the world a chance for innovation.
But after the reform, it may not necessarily get better. It may just be a psychological placebo that changes the soup without changing the medicine.
Therefore, Zhu Zaijing must put a bridle on the financial beast that can control it, so that it can be relatively stable and not resemble a crazy monster, tearing the world apart beyond recognition!
Zhu Zaijing continued: "The setting of the board seats of the 15th Federal Reserve Bank certainly cannot allow one company to dominate, otherwise wouldn't the other directors be like other people's followers?"
< br>"Therefore, I propose to set up the position of Federal Reserve Chairman on top of these fifteen Federal Reserve seats to be responsible for the specific management and administrative affairs of the Federal Reserve. Of course, this Federal Reserve Chairman cannot continue to work forever. It will last for three years. The term of office must be replaced after three years. "
"And the new Fed chairman cannot be a member of the original board of directors. Another company is needed, and there must be more than three recommenders for the other candidates. Only with joint recommendation can you participate in the competition for Federal Reserve Chairman, otherwise you will not have the right to participate.”
“In this way, there will be up to five candidates for Federal Reserve Chairman for everyone to choose from. Isn’t it possible to ensure that every family has the opportunity to elect someone to serve as the chairman of the Federal Reserve to ensure the interests of each family?”
"So what about this piece of advice?"
As soon as Zhu Zaijing said this, everyone couldn't help but start to think deeply. They were all silently calculating their own interests. After a period of thinking, , they also felt that there was no problem with Zhu Zaijing's proposal, so they all replied: "We have no objection."
Zhu Zaijing smiled and said: "Very good, it means that all the shopkeepers are Smart people can understand the advantages and fairness of the Federal Reserve at once. This will reduce the obstacles for us to jointly form the Federal Reserve. Therefore, I would like to thank you all."
Everyone is Zhu. After Zaijing thanked him, he was frightened and stood up quickly, "Common people don't dare!"
Zhu Zaijing laughed and said: "Don't be afraid, I am just here to discuss business today, everyone just relax. ”
After saying these relaxed words, Zhu Zaijing continued: "By the way, as the founder of the Federal Reserve, I also have a crucial rule to explain, and all the shopkeepers can also consider it carefully."
Everyone replied: "Your Majesty, please speak."
Zhu Zaijing said: "As the founder of the Federal Reserve, I, the King, the Capital Special Administrative Region Development Bank, will have a veto power! Of course, this power It is definitely not an abuse. I will only use this power when everyone is hesitant or when it is related to the fundamental interests of Ming Dynasty! Do you have any opinions on this? ”
(This chapter? End)