"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."

"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." "First, if you want to build a trading center, it is the prerequisite for convenient trading. With the example of Luoyang, you can see the strategy of your mentor and try every means to make transactions more convenient. Banks prove that with banks, bulk transactions do not have to be so cumbersome. In the past, if you wanted to trade large amounts, 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 copper coins. How many boxes can be packed, it would take almost a ox cart to carry them. This way, no matter where you go, it would be extremely risky."

"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."
Chapter completed!