"Set a trading center?" Li Mu was really surprised now. He didn't expect that Qin Huaidao could think of this level. He was determined to take Qin Huaidao as soon as he took the exam, and asked, "What are you doing to set up a trading center?"

Seeing Li Mu's question, Qin Huaidao became more sure of what he was thinking. It was impossible for his mentor to think of this level, he was taking the exam. Qin Huaidao replied seriously: "Mr., students think that there can be divided into two aspects."

“Tell me in detail.”

"First, if you want to build a trading center, it is the prerequisite for convenience of trading. With the example of Luoyang, you can see the strategy of your mentor and try every means to make trading more convenient. Banks prove that with a bank, bulk transactions do not have to be so cumbersome. In the past, if you wanted to trade in bulk, copper coins were not necessarily much less than goods. If you didn't say more, a thousand guan of coins would be a hundred thousand coins. It would take a few boxes of them to carry them almost a ox cart. It would be extremely risky to go through the market like this, no matter where you go."

"In order to ensure the safety of the transaction, some servants must be prepared, which is also the cost. When you arrive at a local area, in order to calculate the number, you have to count it over the beginning. It's fine to count it, but you have to see if these copper coins are rotten, whether they are Wuzhu coins of the Han Dynasty or Wuzhu coins of the Southern and Northern Dynasties, and how good is it? Just this transaction will take not half a month from the beginning to the end."

"Now with a bank, a thousand-tonne glazed treasure banknote will be solved. It does not require a servant to guard it, no need to count money in the account, and no need to look at the quality. Even this treasure banknote does not need to be exchanged, and it is completed directly in the bank. Banks make transactions simple, and business will naturally flourish. Yangzhou Port gathers goods from all over the world, and there is no place like this that requires quick completion of transactions. Quick completion of transactions can avoid hoarding goods at the port. The faster the transactions are, the more goods are circulated. The higher the value of the mentor to build Yangzhou Port."

"Businessmen in foreign countries can store their wealth in banks for easy transactions, and banks can also help the Tang Dynasty so that the wealth will not flow out. This will help the Tang Dynasty establish a standard for other countries to comply with. This will not only be this generation, the next generation or even for generations. As the standard setter, the Tang Dynasty has already been invincible."

Li Mu nodded slightly, Qin Huaidao received encouragement and continued: "In addition, Yangzhou Port also needs a trading center like Luoyang, just like the order of the Office of the Internal Affairs." This discovery was something that Qin Huaidao thought about for a long time, and was about to use this opportunity to correct Li Mufu: "It's like an order of the Office of the Internal Affairs. Before both the buyer and seller have the ability to make this transaction, they should sign the order first. First, they can allow the seller to no longer worry about not being able to sell it, and they just need to do production. They can also allow the buyer to buy the goods they need in advance, and set the order first. When the seller produces it, they can be shipped directly to the buyer, saving a lot of time."

"And, in this process, the buyer can become an intermediary at any time and sell the goods in his hands--"

Li Mu was already stunned when he heard Qin Huaidao's endless talk. This kid is really a genius. Although he has set up the Ministry of Internal Affairs and has pointed out a direction for futures trading, this is definitely not something that ordinary people can think of. Qin Huaidao, this kid, can guess his true purpose at the moment, how could he not see that he has this ability before?

"... Based on these reasons, the disciple felt that Yangzhou should be built into a trading center." Qin Huaidao finished speaking, looking at Li Mu expectantly. He had been preparing for this scene for a long time. He asked himself that his performance just now was pretty good.

It's not just good? Li Mu almost clapped his hand. His palms were already raised, but after thinking about it, he put it down. He couldn't let this kid be too arrogant and he had to suffocate his spirit.

Li Mu coughed lightly and said, "What he said makes sense, but it may not be certain. There are still many problems that need to be solved, and the time is not yet ripe." He glanced at Qin Huai and said, "Do you know what the difference is at this time?"

Qin Huaidao thought about it and shook his head. After all, there are limitations of the times, and it is already very difficult for him to think of so many things.

Li Mu put on the airs of his master and said, "The problem is that he lacks money!"

"Let's go to money?" Qin Huaidao couldn't understand and showed a puzzled expression.

"It's because of the lack of money." Li Mu didn't go around the corner and said bluntly: "All the things you just mentioned are actually far from the people. Buying, trading, stocks, etc. are not something that ordinary people can participate in. Our Tang Dynasty is now in a mess, but in fact, the people don't have much money in their hands. Most of the transactions between the people are bartered. The commercial tax you collect can't be collected from them. This is also the reason why I want to vigorously promote commercial tax. If you engage in commercial activities, you will benefit several times. The court does not collect their taxes and collect taxes from the people. Wouldn't it be that the richer you are, the richer you are, and the poorer you are?"

"I'm definitely not exaggerating when I say this. Go down to the village and see what the transactions between villagers are like. I have extra eggs in my house, and I can exchange them for the cloth woven by your house, or I can do a few days of work for you to weave a basket for me... There will be such a thing. First, the villagers really have no money, and furthermore, they are unwilling to spend money."

"Why don't you want to spend it?" Qin Huaidao couldn't understand it and wondered: "Isn't it just to make money? They don't want to spend it if they make money?"

"Because the more you save copper coins, the more valuable they are, what can you do? If you can barter with goods, just barter with goods. Isn't it better to save copper coins to wait for appreciation?"

This was another blind spot for Qin Huaidao's understanding, so he quickly asked for advice: "The disciple doesn't understand, mentor, why can copper coins appreciate in value?"

"Because, first of all, copper coins are currency, and secondly, copper coins are rare and less and less."

Qin Huaidao didn't understand again and said, "My teacher, how can copper coins be less and less? All dynasties have mined copper ores, and the total amount should be increased, so how can it be less?"

"I'll ask you." Li Mu did not explain, but chose the way to ask: "Who is the transaction going on?"

"According to what his mentor just said, most of the transactions are conducted between these people."

"Then let me ask you again, how can a family, from aristocratic families, to prominent families, to aristocratic families, to aristocratic families, complete this excessive amount. One of the important ones is whether it is the accumulation of wealth?"

"Yes..." Qin Huaidao suddenly realized, saying, "What my mentor means is that these aristocratic families have stored all the copper coins?"

"Yes, let me give you an example. For example, if there are ten cows in the market, ten thousand coins, then each cow is worth one thousand coins. Now someone has stored 5,000 coins in the cellar, and there are only five thousand coins in the market, and then a cow is worth five hundred coins. In other words, in the past, you used to buy a cow with one thousand coins, but now you can buy a cow with five hundred coins. The purchasing power of Yiguan is twice the original. In this way, is copper coins more valuable?"

"The same is true for ordinary people to store copper coins. They may not think so profoundly, but they are stupid and smart and can summarize the rules. When they have money, they will save it and spend it, so that they can make sure they make money without losing money. In this way, copper coins in the market are more rare, transactions are more difficult to complete, and copper coins are becoming more and more valuable. If such a vicious cycle continues, how can business develop?"

Li Mu sighed and said, "The overall commercial prosperity of the Tang Dynasty is not enough to be the prosperity of one city and two cities, but it needs to reflect a wholeness. Now this country is not without money, but money is hidden. If you want business prosperity, you have to let the hidden money be seen again."

"This..." Qin Huaidao didn't know how to answer this. With his limited financial knowledge, he could not think of a solution to this problem. But looking at Li Mu's appearance, he must have found the key to solve the problem. He bowed to the end: "Please help my mentor to solve the problem."

Li Mu helped him up and said, "This question is difficult or difficult, and it is simple or simple... What is the purpose of storing money? Naturally, we know that money can appreciate, so we have to store money, but what if the money does not appreciate? Or, what if the money depreciates?"

Qin Huaidao was confused for a moment, and the recent news flashed quickly in his mind. He suddenly opened his mouth wide and said, "So my teacher asked my senior brother to go to mine exploration, so my teacher wanted to go to Japan to start a mine... Still silver, silver is ten times the price of copper. If a large amount of silver flows into the market, it will inevitably cause the copper price to depreciate. In this way, it will definitely cause panic, and no one dares to store money anymore. They will take out the money and buy any useful items, just like they followed the trend to save money, and at that time, they will definitely follow the trend and spend money..."

Qin Huaidao seemed to have seen the future and murmured: "The number of transactions will become more and more frequent, and the volume of transactions will become more and more large. The court's commercial tax department will charge more and more commercial taxes. In order to supply these transactions, more and more commodities will be produced, and people will be used for production of commodities... the whole situation will be activated!"

Qin Huaidao looked at Li Mu in shock, swallowed and spitted: "My teacher, he is really a god!"

Li Mu waved his hand and said, "What kind of gods and humans are not gods? I just thought a little more." He looked at Qin Huai and said, "You have never heard of my teachings. It is already very difficult for you to understand so many things. You have passed the exam for your school just now. From tomorrow until the New Year, you will follow me to learn. I will teach you these commercial means, but you must also remember that teaching you these skills is to share the worries of the country and the court. You cannot use it to seek personal gain, otherwise you will be broken and I will deal with you personally."

Qin Huaidao was very excited and immediately said, "Don't worry, the students will definitely live up to their high expectations."

"Okay, after talking so much, I'm tired, so you go down first." Li Mu nodded to Dugu Jiu, and Dugu Jiu took Qin Huaidao out and found a place to settle it.

...

In the evening, Li Mu received an order. Li Shimin wanted to invite Ashinasmo and asked Li Mu to go there with him. Li Mu knew that he could not hide anymore, so he had to clean up briefly, get on the carriage, and come to the place where Li Shimin invited Ashinasmo.

This is the closest resettlement village to Yangzhou. Because it is closest to it, it is also regarded as a pilot. All preparations are one step ahead of other resettlement villages. The resettlement area where Tongluo has just registered its household registration, and it has begun to distribute agricultural tools, seeds, and teach farming skills.

Asunasmo knew that Li Shimin had a meaning to put the reception banquet here, and it might not be impossible to humiliate him. But in the current situation, even if it is humiliating, he could only accept it. He had to wait for a day and a night to get the opportunity to meet yesterday, and he said that he could not miss anything.

The banquet was quite rich. The main dish was Yangzhou's specialty whale meat, accompanied by light Jiangnan dishes. Asuna Smo was a little uncomfortable, but it was a bit strange. Moreover, even if it was unpalatable, he would not dare to say it out.

After three rounds of drinking, Li Shimin waved his hand to remove the singing and dancing, and left the left and right. Only Li Shimin, Li Mu, Ashinasmo, and Eunuch Gao were left. Li Shimin's original intention was to let Eunuch Gao retreat, but because of the accident that day, Eunuch Gao left for a short while, and Li Shimin almost lost his life. So Eunuch Gao made up his mind to never let Li Shimin leave his sight again, unless he died! Otherwise, even if he resisted the order, he would not leave.

Apologize, the first moment he saw Li Shimin, Asunasmo had already said it. Li Shimin was a little tired of hearing it. Asunasmo already knew that Li Shimin was tired of it, so he didn't dare to mention it anymore. He looked at Li Mu secretly, wanting him to speak and break the embarrassing situation.

Li Mu cleared his throat and was about to speak, but when he saw Li Shimin looking over, he had to say, "I feel a little uncomfortable with my throat."

Li Shimin said to Eunuch Gao: "Cook a pear for Li Mu."

"Thank you, Your Majesty." Li Mu thanked him and gave Ashinasmo a helpless expression.

Asanasmo had no choice but to speak by himself. He was kneeling, got up and left the table, kneeling in front of Li Shimin, bowed to the ground, and said respectfully: "Tian Khan, about that matter - the current list is here, no one involved is left out. I dared to ask Your Majesty to punish only the evil ones and never implicate innocent people. The Turkic people are also your people of Tian Khan, and they are also bathed in your glory-"

"Ha," Li Shimin, who had not spoken, suddenly yelled, scared Ashina Simo so much that he quickly closed his mouth. Li Shimin glanced at him sideways and said, "Is it my people too? I dare not take this! If the Turks really regarded me as their Tian Khan and were loyal to me, would they still assassinate me? If that was the case, I, Tian Khan, would have really failed."

"Don't dare--" Asunasmo hurriedly said, "I have made a mistake, I hope Your Majesty will punish you."
Chapter completed!