"Only those items truly used for propagating Buddhism and for charitable acts can be approved for use!"
Li Shimin's eyes lit up immediately upon hearing this.
"Granted!"
This effectively puts a tight rein on Zhaoguo Temple, ensuring that no matter how much money they want to spend in the future, they cannot exceed its limits!
As soon as Li Jue said this, everyone looked at him with surprise.
Although they had long known that this grandson was full of tricks, they never expected that he could come up with such a brilliant idea.
It's just tough on the abbot of Zhaoguo Temple; he'll probably wake up in the middle of the night so angry he'll vomit blood!
"Your Majesty, I believe the Tang Dynasty needs a financial institution!"
"Financial institutions?"
Li Shimin looked puzzled and looked at Li Jue with a puzzled expression.
"Your Majesty, financial institutions are those that provide loan and deposit services. When necessary, they can also be granted the right to mint coins and the privilege of recalling old currency."
"My grandson believes that the institution must be subordinate to the imperial court and subject to the supervision of the palace, the Ministry of Revenue, and the Court of Judicial Review."
"The organization's headquarters were set up in the capital, and branches were to be established in various prefectures and counties of the Tang Dynasty, and even in places like Goguryeo, Xueyantuo, and Tuyuhun, in order to facilitate the flow of goods throughout the world!"
"In this way, merchants of the Tang Dynasty can deposit money in Chang'an and then withdraw it anywhere in the Tang Dynasty by presenting the voucher, which will greatly enhance the commercial vitality of the Tang Dynasty and promote its commercial development..."
"At the same time, Your Majesty can also control the economies of other countries and control domestic inflation, etc., based on deposit interest rates..."
Li Shimin was completely stunned and quickly stopped talking.
"Grandson, please speak slowly, I can hardly keep up..."
"By the way, what's the name of this organization?"
"Your Majesty, I have tentatively decided to designate it as a bank!"
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