Chapter 274 Financial Products
Tangquan Tea House
Su Shengsheng did not rest, but held an emergency meeting against the clock.
All the merchants who were urgently summoned had serious expressions on their faces.
Three prefectures in Nanling were affected by the disaster this time. Although the situation in Yanzhou was slightly better, countless fertile fields were destroyed.
What's more, in the two states that were severely affected by the disaster, all the houses were mortgaged to merchants.
Now that the house is gone, if the people just run away, they don’t have to repay the loan.
Of course they were worried.
Although the emperor claimed that he would provide relief to the victims, it was only to provide them with enough food and clothing.
Now the people have sold their grain, and the money is in Su Shengsheng's pocket.
If they were recruited now, they would be really afraid that she would use the money to provide relief to the victims in the two states who had lost their land.
It’s not that they are cruel, it’s that they really can’t afford it!
Their money was deposited in the Su Family Bank, and it was successful, but they couldn't just let the money go to waste!
After much difficulty, the emperor took over the task of providing relief to the two states. They really didn't want Su Shengsheng to get carried away and provide relief to the other two states without any instructions.
So, when they heard the news, they rushed over desperately.
They gathered together just to give her some advice.
Can we not pretend to be rich?
This is not something that can be solved with just a million dollars.
Even the emperor would have a headache and couldn't sleep.
We really don’t have that kind of money.
When Su Shengsheng came out of the private tea room, the merchants exchanged glances with each other.
As long as she asked for help, they would destroy her.
After Su Shengsheng arrived, the venue with more than a thousand people in it fell silent.
She didn't say much, time is life.
"I called everyone here today to discuss a business deal."
? ?
Is she still in the mood to talk about business now?
Maybe they are overthinking it.
Even if she wants to be kind, she has to consider how heavy her bones are?
All the merchants breathed a sigh of relief when they heard this.
Just say it.
No matter how soft-hearted this woman is, she still has to seek benefits and avoid harm.
Besides, how could she, a woman, take charge of matters that even the emperor couldn't handle?
Thinking of this, everyone couldn't help but feel relieved.
At the same time, I started to worry about the loan.
"I know everyone is worried that ordinary people will take the money and go somewhere else to make a living.
I can assure you that any direct economic losses caused by force majeure will be borne solely by the Su family."
!!
Upon hearing this, the merchants who had just been feeling extremely worried became excited all of a sudden.
"Princess... Shopkeeper Su, do you really mean what you say?"
The old shopkeeper with a white beard stood up tremblingly.
"Of course it counts." Su Shengsheng looked around the venue. "Everyone deposited their money with me out of trust in me, allowing me to circulate and mortgage it to benefit the people."
Nowadays, stabilizing people's hearts is the most important thing.
All of this requires capital and the confidence of merchants.
"Okay, okay. We naturally trust the princess." The old man took the lead in expressing his opinion without saying anything.
Since Su Shengsheng can stand up and say this, it is naturally the best guarantee. There is no need for any documents.
She herself is the best guarantee.
Because she could have ignored it.
After all, the people were just borrowing money from her bank, but they were actually providing the capital and were charged interest.
Now, the house is gone and the mortgage is gone.
But she took all the responsibility on herself.
How could they not believe her?
"I just heard the princess say that she wants to do business. I wonder what kind of business she is doing?"
After Su Shengsheng signaled to the woman from the business school, she looked back at the audience.
"As everyone knows, we only have so much gold in our inventory. However, reconstruction in the disaster area still requires investment, and we also need to be wary of potential subsequent disasters..."
If it were true that they could have ignored Su Shengsheng's words in the past, they would have been able to ignore them.
But now, she has fully proved it.
The women of the Su family are the ones who hold up half the sky.
From early warning, to rush harvest, to evacuation.
Every step forward prevented significant casualties.
Even though the three states are in urgent need of large sums of money now, the people and the land are still there.
As long as people's hearts are stabilized, and she just said that she would provide plastic greenhouses to the people in the disaster area according to the agreement.
With her around, she is the pillar of stability. Why should we worry about the people selling their children and becoming refugees?
only……
"Princess, what are bonds? What are futures?"
The information they received was explained in detail, but they could understand each word individually, but they couldn't understand it when put together.
If someone’s eyesight is blurry, they might as well just ask without looking.
"The Su family is unable to turn over the gold you have deposited in the Su family bank at the moment, so we will use this bond issuance as a substitute.
Once we understand it clearly and more than half of the people present agree, it can be issued.
To some extent, it is a kind of recognition of my personal debt to the Su family. After you receive it, you will become my creditors."
?
The princess’s creditor?
Everyone hurriedly looked through the information, but it was so dense that it was better to ask if they didn't understand.
"Bonds, which are not linked to gold, offer stable, low-risk growth potential..."
Su Shengsheng explained it for a while, and everyone finally understood that although it is not an equivalent substitute for gold, it increases liquidity.
In other words, this thing can be traded.
It seems a bit too much to get something for nothing, but who can blame the princess for her good reputation?
Moreover, the princess did not shirk her responsibility and personally took on the risk of the three states.
Their funds were not guaranteed.
Who asked for such a big disaster to happen?
Even if it seems like a piece of waste paper in their eyes, the princess can even make a fortune out of air.
As long as she doesn't go bankrupt, someone will pay off their debt.
Isn't this... the best of both worlds?
The Su family's business now covers all walks of life, and everyone has their moments of failure.
I bought this to earn interest, and sold this to cash out...
It’s a sure win!
Besides, even if she doesn't compensate them for their losses, they have to bear it, right?
Since there are bonds, she is willing to put them in her name.
What else do they have to say.
With this in mind, the merchants who had not yet arrived expressed their opinions through representatives of the merchants, and they almost unanimously approved the issuance of bonds.
Then, we turn our attention to the second one, futures.
What about the prices of soybeans, millet, and rice.
Warehousing, closing positions...
They didn't understand, so they asked her directly.
"These futures contracts are based on the spot price, pre-sold in advance, and traded over the phone at various exchanges..."
As the merchants listened, they felt anxious.
Isn’t this a world trade?
No longer limited to one state or one county, but...
Everyone uses the cycle as the end point, and buyers and sellers conduct transactions remotely without seeing the objects, and the price is the expected price in the future.
It is a consideration of the market's supply and demand, holdings, and the comprehensive fluctuations of various costs, as well as various uncontrollable factors.
In other words, this yields higher income than bonds.
But if there is a loss, it will be even worse.
For example, the first crop of grain is about to arrive, there will be no shortage of food in any place, and the price will naturally be low.
But the three states are short of food, so prices fluctuate.
And future transactions in the three states can also be done through futures.
However, it is futures real estate...
No, the princess said it is a new type of financial product.
Use futures contracts to hedge investments against real estate price fluctuations.
You can trade, buy and sell at any time.
Moreover, the volume is large and the quota is small, so retail investors can also participate...
Such a novel thing, unheard of.
As long as the house is built, the transaction price is no longer determined by one person.
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