After reading the big words on the cover, Li Shimin, who took the document, did not speak anymore, but turned on the cover and started reading. Sometimes when he encountered some nouns and terms that he didn't quite understand, he would stop and ask carefully.

After Li Shimin read the document in his hand from beginning to end, he still couldn't help but be shocked and palpitations. There was no way, the content here was too subversive to traditional business behavior, and it was not an exaggeration to describe it as incredible.

After deliberately giving His Majesty the Emperor of the Tang Dynasty in front of him to digest the contents in the document, Li Anran smiled and said, "Your Majesty, the part you have in your hands is the most beneficial solution for the Tang Dynasty after our calculations."

"This time, the People's Bank of China will purchase Datang's government bonds worth 500 million yuan in one go. The term of this government bond is three years, which means it can be cashed in three years, and the face value rate is 20.8%, which is a little more than 20%.

"More than 20%?" Faced with this interest rate, even Li Shimin, who is the king of a country, couldn't help but say staggeringly after calculating the amount represented by this interest rate: "Wouldn't that mean that I will have to pay more than 600 million yuan in three years?"

In fact, the interest rate of more than 20% is not much in ancient times. If you don’t look at the rent of tenants, it can usually reach 50% or even more. As for the private "wealth loan", the interest rate is even more terrifyingly high, which has been the same since ancient times.

However, the interest rate of more than 20% is not much, but the total amount of the government bonds cannot be resisted. Even if the 10.8% ounce of 200 million yuan of interest is 100 million yuan, and the annual tax revenue of the Tang Dynasty is not so much.

Or to be precise, there are far less than that!

"Your Majesty. With the current development of the Tang Dynasty, I think the shortage of funds is just a temporary problem. Not to mention where His Majesty is planning to use troops in the future, just taking down the Turks will be enough to make the money three years later nothing."

Li Anran, who knew that he had such a statement was very lacking in persuasion. While Li Shimin was still pondering, he continued: "Your Majesty, don't worry. In fact, you don't have to pay out the debt in three years, and you can pay it back."

If Li Shimin had a difficult attitude towards such words before, then after reading the document on "Special Suggestions on Issuing Bonds in the Tang Empire", he was curious and puzzled. He had no thoughts of doubt.

Facing Li Shimin's inquiring eyes, Li Anran did not care about anything, but said directly: "When the government bonds expire in three years, the country can issue new bonds as funds to repay old bonds."

"Doing this is actually to extend the original three-year debt period. If Your Majesty is worried that the 20.8% interest rate can be added to the issuance of the debt volume. In this way, the original interest rate will be diluted invisibly."

Faced with such an answer, Li Shimin, who had just been shocked one after another, was much calmer. After pondering for a moment, he asked again: "But if the new bond expires and the money is still not paid back, what should we do then?"

"It's very simple. Then issue new bonds and continue to extend the time." said Anran Lee, who shrugged.

"But...but, when will it end if you do this?" Li Shimin, who was speechless for a moment, asked.

"Your Majesty, if you think about it carefully, you will find that most people hope to continue this relationship between debt and debt. The longer the time, the better, so there is no need to worry at all." Li Anran, who knew that the other party was worried, smiled.

Faced with such an answer, Li Shimin did not give any answer directly, but subconsciously stood up and walked to the window of the reception room, staring at the bustling crowds below and the faces full of joy, unable to speak for a long time.

There is no way. The emergence of this public debt is too subversive. Even during this period, Li Shimin also learned some knowledge from the Academy of Gewu and someone in secret, and it still had a huge impact.

Looking at the other party who is the king of a country, standing in front of the window for a long time, Li Anran was not surprised at all. After all, although the plan for public debt was indeed beneficial to the Tang Dynasty and had great benefits, the gap across the era was not so easy to cross.

However, Li Anran was somewhat surprised and surprised, and originally thought that even if Li Shimin would not object to his plan for public debt, it would not be concluded so quickly. But unexpectedly, the other party was quite "decisive".

After thinking for more than two minutes, for only half an hour, Li Shimin, who was standing in front of the window, calmed down and turned around and said seriously: "Okay! Real person, I'll give you the public debt matter."

"Uh..." Faced with such a decisive reply, Li Anran advised: "Your Majesty, although this matter is nothing to me, it is of great importance to the Tang Dynasty. Otherwise, your Majesty would go back and discuss with the ministers again?"

"Haha..." Li Shimin, who suddenly laughed twice, said domineeringly: "I have received the kindness of the real person, but I have decided on the public debt, so I will do as agreed before. I will personally ask about this matter in the future."

"Okay!" Seeing that the other party had already thought about it carefully, Li Anran did not persuade him anymore, but nodded and said, "Since that is the case, I will prepare 500 million taxes of public debt funds in the shortest time. I believe that it will not delay His Majesty's major military affairs in the Turkic army."

"I can trust real people!" Li Shimin said with a smile.

However, after saying this sentence is enough to exchange for loyalty, at least the words of superficial loyalty, Li Shimin did not rush to leave, but sat back and said, "Real person, can this money be made a little more flexible?"

"Make a little change?" Looking at the other party's handsome and elegant appearance, Li Anran smiled and said, "I wonder what the flexibility you are talking about?"

"I believe that real people know that although the use of military forces cannot be separated from money, there are not many places that really use money. I will not bother the second master in this matter. I want to ask real people to help you use some food, grass, weapons, and horses to offset the funds for the public debt." Li Shimin said with a smile.

Li Anran easily understood what this obviously contradictory word meant, and said with a smile: "Haha... Your Majesty, you are rushing to give me a big deal, and I can't refuse it."

"But, whether it is food, weapons, or the horse, it is impossible for me to hand it over to do it all, right? Your Majesty, that's a lot of money, a huge sum of money that is enough to make people crazy. If you do this, don't you be afraid that those ministers will have any opinions?"

"Hmph!" Li Shimin, who also understood what he implied in this sentence, snorted coldly and said, "This world is the world of our Li family, my world, and it's not the turn of those aristocratic families to intervene! No one can stop me from doing anything I want!!"

Knowing that part of this was actually at Li Anran who said it, he shrugged and said with a smile: "Since Your Majesty is so powerful, then as a partner, I naturally have no reason to be weak. Believe me, Your Majesty, this deal will only be a win-win!"

"Real person, I believe in you!" Li Shimin nodded and said solemnly, hearing the solemn meaning of this.

It’s really not a fool to say this. After two years of time, Li Shimin knew very well that the current true immortal in the upper realm, as his magic power continued to recover, was no longer able to control him, as he was the so-called "true dragon emperor".

Of course, if you really want to do something, Li Shimin also feels that there is no chance. However, not to mention how slim this opportunity is, even if you successfully get rid of the other party, God knows whether it will attract the anger of other true immortals in the upper realm.

After witnessing the effect of a weapon attack that was so powerful that it was so powerful that it was impossible to resist the idea, Li Minshi knew very well that instead of taking this risk, it would be better to think about it and continue to cooperate well, so as to avoid the consequences he could not bear.

As for the trust theory, in Li Shimin's opinion, there is really no one who can easily overthrow himself and take the throne, but not only does not do so, but instead helps him become stronger again and again.
Chapter completed!