[Chapter 625 Miss Queen’s National Debt]

“Building a new seaport city?” Rob was amused, “Why did you think of this all of a sudden?”

“I can’t put the steel battleship Zephyr that you just sold to me in the Lost City.” Miss Queen said earnestly: “This battleship is too It’s amazing. If it is taken away by the people of the Dark Holy See, the consequences will be very serious. I have to keep it by my side. Moreover, I only have a seaport city like the Lost City in Sieglan, which is also very bad. I You have to have your own seaport to form a real fleet.”

“Well, it makes sense.” Robb said: “Build a seaport and build a city, a new shipyard, and then put all the cutting-edge warships in this city, this is indeed more appropriate, but I’ll just ask…Are you rich?”

Queen: “…”

This is very angry, very angry.

However, the queen had long guessed that the ghost man would say something like this, and she had already prepared for it. After squinting at Robb for a while, she suddenly said calmly: “No money!”

“No money, you pay it back . Want me to help you?” Robb hummed: “You know, I am very concerned about the interests of the workers, and my workers don’t even do a single minute of work without money.”

“But you have money . , you can lend it to me.” The Queen said earnestly, “I borrowed money from you in the name of the country, and I promised to return it to you at an annual interest of 5%, including the principal and interest.”

“Wow!” Luo Bo Daqi: “It’s amazing, my young lady, you actually understand national debt.”

“Huh? National debt?” The queen was stunned, thought about it, and suddenly realized: “The word national debt is used very well, indeed, I am You are really lending government bonds, so the next question is, are you willing to lend me this national debt?”

This is a very interesting thing, really don’t think the ancients are too stupid, the speed at which they turn their heads , completely keeping up with the speed of economic and technological progress.

Robb said cheerfully: “You also know that I’m too lazy to die, although I have many ways to make money, but I’m too lazy to use them, and all kinds of industries have been given to others to do, so the money that really belongs to me is always at my disposal. Not a lot.”

The queen knows this, Robb comes up with a new concept, often only earning the small amount of money at the beginning, and then throwing it away and throwing it to others to spread his thoughts. The sugar business, for example, is now completely the business of Baron Nolen. The stockings business is now slowly handed over to the Cotton family. In the football league, Robb didn’t touch it at the beginning, and also left it to the Cotton family. As for the railway and train system, it was left to the Queen, the Cotton family, and the big businessman Probo to work together.

It’s really incredible that he just walks away with any business.

Robb said: “Simply put, the money I have now is enough for one person or a group of people to live happily. But if I want to use it to build a city, it’s a long way off. Even if I want to lend it to you, I have the heart. Powerless.”

Queen: “…”

Robb said: “However, since it’s about national debt, then I’ll give you a little trick. Don’t just ask me to lend money alone, relax your vision and put it on the national debt. Go there, in your Sieglan, there are many nobles with large sums of money in their hands. They want to invest but are afraid of losing money. They want to find a stable and guaranteed value-added method and can’t find them. You should let their money rot. At home, it’s better to let them lend you money and let you use it to develop the country.” The

queen sighed softly: “You don’t know how selfish and short-sighted these nobles are, they would rather let money rot at home than Willing to lend it to the treasury.” Robb

said, “Don’t blame them for this, you can only blame the lack of protection mechanisms.” The

queen said, “Oh?

If you can’t get it back, what should they do if you turn your face and deny it?” The

Queen: “Is the reputation of the Wang family a child’s play? There is absolutely no reason to turn your face and deny it.”

Luo Bai was happy: “The most unreliable thing in the world is credit. Well, how is it possible to leave a large amount of money under the control of reputation? Of course, it must be an effective mechanism. So, I suggest you make something called a bond.”

“Bonds?”

“Yes! It’s bonds that represent government bonds.” Robb said: “Use copper or iron to cast bonds, and mark the value on them. For example, a copper bond bronze medal is worth a thousand taels of gold. The time when the bonds are lent, the time when the country will recycle these bonds, and the amount of interest are all written clearly…”

“How to prevent counterfeiting?” The Queen asked the key in one sentence.

Robb smiled and said, “Use magic, don’t you have many powerful magicians and strange magics in your royal family? Use magic to engrave the royal family crest on the bond, the kind that others can’t copy…” The

queen listened carefully .

Luo Bo said: “Print this bond in many denominations, large and small. The large denominations can be subscribed by nobles, and the small denominations can even be issued to the private sector, so that ordinary wealthy households can also subscribe. Of course, most families should be I won’t subscribe, but there will always be a group of people who have spare money and hope that the spare money will gradually increase, and they will try to buy bonds… You can receive a large amount of money through these bonds. ”

Hearing this, Miss Queen has fully understood: “It’s a great idea, then I’ll go to issue bonds now, and the first batch will be for ten years, how about it?”

“Hey! After ten years, who would dare to buy it? ?” Robb said angrily: “When this thing was first invented, it was a new thing to everyone, and no one dared to buy it blindly. If you get it for ten years at the beginning, I guarantee that you will not be able to sell it at all. ”

How long will it take?”

“One month!” Robb said seriously: “The first batch of bonds will be repurchased in just one month, with an annual interest rate of 5%, and the interest will be paid honestly. Use this This is a way to increase the interest rate on short-term debt, attracting everyone to try and buy it, so that everyone will try to accept the bond.” The

queen frowned: “One month is not enough to lay a foundation for a new city, if I can turn it around in one month. Why do you need someone to lend you such a large sum of money?”

“Are you an idiot?” Robb said, “You start selling the second batch of bonds before the first batch of bonds expires. The second batch of bonds will be repaid in two months, and the second batch of bonds will be sold. The money is used to repurchase the first batch of bonds. Then, when the second batch of bonds is about to expire, you issue a third batch of bonds, and use the money from the third batch to buy back the second batch…” The

Queen heard this Get it: “That means I’ll never have to pay off the first bond, I just have to keep paying interest on this money, and the interest is only 5% a year, and I can afford it. Etc. After the nobles and the people trust the repurchase ability of the royal family, they can issue more.”

[End of This Chapter]