Chapter 520: Bank!
le to reinforce Yueya Pass. Most outrageously, he said an epidemic had broken out in the camp, with six out of every ten soldiers sick, refusing my order to send troops and even demanding money and gr...Chapter 520: Bank! >
Seeing Li Chen's resolute determination, Xu Changqing felt a weight lift from his chest.
It's a good thing I didn't voice my opposition directly just now, otherwise it would have been quite awkward for me.
"But even so, Xu Changqing still said: 'Your Highness, why insist on opening a money house Although the money house has a lot of silver, they all belong to depositors. According to my understanding, most of those who open money houses don't earn much profit, and they also have to bear the risk of keeping the silver. If there is a loss or theft, these are all the responsibilities of the money house.'"
Xu Changqing didn't understand, but Li Chen was crystal clear about it.
A moneychanger is a bank!
Can banks make moneyment collects taxes from merchants, and then uses these taxes to benefit the people. This simple triangular relationship cycle is the fundamental basis and core logic of the modern tax system.Li Chen'...