The five denominations of the silver notes were discussed and decided by Zhao Hao and Jiang Xueying.
Originally, Mr. Zhao was planning to print large-denomination silver notes of fifty or one hundred taels, but was persuaded by Jiang Xueying.
Jiang Xueying told him that she had done some research and found that 99% of the transactions on the market were for amounts below one hundred taels.
If there are one hundred taels, ten ten-tael notes are enough, which does not affect the convenience of paper currency transactions at all.
Moreover, let alone 100 taels, even 50 taels of silver notes are too large to be spent on a daily basis, and will affect circulation. It is better to change them into small-denomination silver notes, which can stimulate consumption.
Zhao Hao thought so too. The third set of RMB in later generations had a maximum denomination of only ten yuan, which was used for two thousand years...
Moreover, the purchasing power of one tael of silver is equivalent to about 600 to 700 yuan. Ten taels of silver is equivalent to 6,000 to 7,000 yuan, which can buy three large color TV sets.
Thinking about it this way, the denomination of ten taels was indeed enough in the Ming Dynasty, and it was even a bit too large.
As for transactions at the level of one thousand taels, it is just a stack of money, so there is no need to use denominations of one hundred taels.
Moreover, at the level of 1,000 taels, the safety of funds is the most important thing, so it is safer to transfer directly to the bank...
Mr. Zhao couldn't help but reflect secretly. The accounts he needed to take care of now were all worth tens of thousands or hundreds of thousands of taels. The distance between him and ordinary people was probably measured in light years.
If we are not vigilant, we will make the mistake of taking advantage of others and regard earning 100 million as a small goal.
A great man once said that if you are separated from the masses, you will end up in a dead end. This is true everywhere.
When thinking of this, Mr. Zhao couldn't help sweating on his forehead. He thought that he would have to squeeze out time to live an ordinary life regularly in the future.
We must never forget the scientific spirit and conduct practical research!
~~
The next morning, Master Zhao was catching up on his sleep when Xiwa came to wake him up.
"Uncle, uncle, get up quickly."
Master Zhao lay on the bed pretending not to hear.
Xiwa was still shouting without knowing whether to live or die.
"Uncle, wake up, uncle!"
"Ouch!" Zhao Hao's pillow flew up and hit Xiwa in the face.
Fortunately, Mr. Zhao is not used to sleeping on a porcelain pillow...
"Do you want to die? You disturbed my sleep without even consulting Buddha!" Young Master Zhao said in a muffled voice.
"Buddha didn't come, but my uncle did..." There was a red mark on Xiwa's face, and he hugged the pillow in grievance.
"Oh?" Zhao Hao sat up, kicked Xiwa's butt and said, "Why are you hugging a pillow? Hurry up and find me some clothes!"
"You threw this at me..." Xiwa muttered, thinking to herself, if I wasn't so unlucky as soon as I left you, I would have gone out to live a life of debauchery and drunkenness. Who would stay here and put up with your bullshit all day?
But he only dared to think about these words in his heart and dared not say them out loud.
Fortunately, Qiaoqiao also got up and came in to help Zhao Hao wash and dress up, and they finished everything quickly.
Outside the door, Jiang Xueying had been waiting for a long time with a bright look on her face.
"Good morning, brother."
She wore a moon-white royal blue satin jacket with silver flowers, and a white pleated skirt. At the turn of autumn and winter, the morning breeze was chilling, so she added an off-white cape embroidered with clusters of white flowers.
"Ah, good morning." Zhao Hao yawned and walked towards the garden gate with her.
"Sister, you look so energetic. You haven't slept for a long time, but you don't look sleepy?"
"I've gotten used to it." Jiang Xueying said softly, "Since I was thirteen, I've only slept two or three hours a day."
"Uh..." Mr. Zhao blushed. He had to sleep at the right time almost every day since he was fourteen. Not counting the nap...
"We still need to sleep more. We are still growing." For Master Zhao, it is better to pull others into the water than to emulate them.
Xiao Yun'er, who was following behind the two men, secretly rolled her eyes, thinking, isn't it all because of you, a hands-off boss who only cares about killing and not filling?
When the young lady was in charge of Wuji, she could still read books and play the piano. But now Jiangnan Company is getting bigger and bigger, and there are more and more things to do. How can she have time to sleep in?
"Well, I'll sleep more next time." Sister Jiang nodded obediently, without complaining or feeling tired.
As they were talking, the two arrived at the gate of Lengxiang Garden.
Outside the door, there was a luxurious convoy with tight guards.
Ye was helping Zhao Liben out of the car with a loving look on her face.
Seeing the two children coming out, she quickly let go of Lao Zhao and turned around pretending not to know them.
The two children also ignored the actions of the two men just now and hurried forward to greet them.
Zhao Hao supported Zhao Liben and said with a smile: "Why did Grandpa come to Suzhou?"
Zhao Liben said with a straight face, "Why can't you come and hang out if you have nothing to do? Or are you like your father and don't like me anymore?"
"How could that be?" Young Master Zhao said awkwardly, "I will always be Grandpa's good grandson."
Seeing this, Jiang Xueying bowed to Zhao Liben again and said hello. "Grandpa, how are you? Your granddaughter greets you."
"Oh, good boy, no need to be polite." Zhao Liben's expression immediately changed and he showed a very friendly smile.
"Oh my, this child is becoming more and more beautiful. The more I see her, the more I like her."
Zhao Hao's mouth twitched when he heard that, and he wondered who was the closer one.
~~
As they were talking, the two young men welcomed the two elders into the garden and served them tea in the hall by the pool.
"Grandpa, you haven't told me yet, what brought you here?" Young Master Zhao asked curiously.
"The maple leaves on Tianping Mountain have turned red. Can't I come and have a look?" Zhao Liben took the teacup and said with a straight face.
"In fact, the master heard that Suzhou was in chaos and was worried about you and your father, so he rushed here." Ye smiled and exposed: "Originally, he planned to go to the capital to see the maple leaves."
"You're talking too much." Zhao Liben glared at Ye, then asked Zhao Hao, "I heard in Suzhou that Jiangnan Company is going to provide a guarantee for the entire Suzhou and purchase silk without limit?"
"Yeah." Zhao Hao nodded and said with a smile: "Otherwise, Suzhou wouldn't be able to settle down so quickly."
"Isn't this a bit too arrogant?" This is also the reason why Zhao Liben was angry. "How many millions of taels of silver does it cost this year? If the market continues to be bad, how many years can you survive with all your wealth?"
"In reply to Grandpa, I have calculated that with an annual expenditure of three million taels, I can sustain it for ten years." Young Master Zhao said seriously, "If it takes longer, it will affect my control over Jiangnan Company and Xishan Company."
"Uh..." Zhao Liben, who had intended to give him a warning and tell him not to be so reckless, was petrified.
The next moment, the old man jumped up, kicked Zhao Hao on the butt, and cursed: "You bastard, you dare to pretend to be a big shot! I told you to be inflated! I told you to brag!"
"I'm not bragging!" Young Master Zhao covered his butt and fled in embarrassment.
Jiang Xueying quickly intervened and said, "Grandpa, calm down. Brother is telling the truth, and even being conservative. And we don't have to pay for it ourselves. Others will pay for it for us."
"Oh, who is so kind?" Zhao Liben was stunned.
Jiang Xueying quickly told the two elders about the bond issuance.
When they heard that the three-year bond only had an interest rate of one percent, the two old people were stunned.
"Is this a fool to lend it to you?"
ps. The first of four consecutive updates, please give me your monthly votes!