MTL - Magic Tower Starry Sky-Chapter 1480 The Big Pit of Lost Finance
The worst part is that Midi is inexperienced in all this. That is to say, people can't learn a lesson until they encounter a broken head!
With the emergence of set-up banks, the difficulty of borrowing money is not the same as in the past; and banks are also contributing to the pressure of performance behind the scenes. How many people really realize that the money borrowed today will be repaid tomorrow?
There is no lesson learned, and there is no deterrent force, so it is inevitable to advance the future into an overdrafted future.
When a large number of overdrafts occur, banks start to attack the collateral and borrowers for their own profits, and the whole society will inevitably be turbulent. Many things that are considered essential are received by the bank, even the borrower 'person'.
What choices will the original power holders make at this time?
Because of someone's deliberate actions, the bank is separated from those in power, and even has a vaguely antagonistic attitude. The two parties can cooperate, but it is impossible for any noble lord, even a king or emperor, to override the goddess of gold coins and order the goddess to do anything.
In addition, Midi's finance is still in its infancy, and as noble lords with military responsibilities, they are usually not very rich in liquidity. Even though there is no war between countries in this era, threats from nature still exist.
To guard against monsters and uncivilized Homo sapiens, and to protect the continuation of civilization, some lords choose to form their own armies, while others entrust adventurer guilds or mercenary guilds. These are all paid in real money.
That's why those wealthy businessmen and country gentry who have spare money are confident that after establishing a set of banks, they can easily lend funds to the nobles and do a business that is sure to make a profit.
Therefore, the establishment of a set of banks, and the main depositors are from the private sector. The nobles are too late to do things, how can they have spare money?
Midi loans are all short-term, one year, two years, and up to three years. When the first wave of loans expired and it was time to repay the loan, many people suddenly found that they enjoyed it and did what they needed to do, but they did not have enough income to repay the loan!
You must know that the loan interest rate of Midi is still a habit of going past. That is to borrow one and repay two, the better thing is that the interest is 60% of the principal, this kind of scary usury!
However, can the investment income of supporting public construction and private investment really reach such a high level? And that's not even talking about those failed investments.
So when the noble lords found themselves the target of a bunch of lowly merchants who now called themselves bankers.
Their own people no longer belong to them, and a large amount of assets have been transferred to the bankers. Even the citizens who belong to themselves have become the bankers. Although there is no such thing as a 'slave' now, their identity changes are similar to those of slaves.
At this time, the emperor of the Gwana Empire lamented the suffering of the people and implemented a benevolent government, allowing everyone to forgive their debts. Who would not be happy to carry out this order!
And this is the biggest failure of the emerging set of banks, the separation of wealth and power.
Thinking about the Chinese and foreign history of my hometown, the most famous person in China is Lu Buwei, and everyone knows the ending. The most famous foreign lending group is the European Knights Templar.
Putting aside those unverifiable legends, the Knights Templar relied on the advantages of Christianity in the Crusades and quickly gained ground. In particular, religion is unique in accumulating wealth, allowing the Knights Templar to have sufficient funds to lend money, forming the original banking model in Europe.
At that time, the Knights Templar not only lent money to nobles, but also to the kings of various countries. The standard was rich and powerful. With such a powerful army as the Templar Knights, coupled with the presence of the Pope, they are always in the forefront, and can even affect national policy or regional policy affairs.
It stands to reason that the Knights Templar should be able to develop into a transnational trust and become the black hand behind many puppet countries. But the fact is that the Knights Templar was taken over by Philip IV, the king of the country who wanted to renege on his debts.
Since then, the Knights Templar has become a legend, in every sense of the word…
The continuation of the Knights Templar's lending business is Venice, Italy, which is also recognized as the historical starting point of the modern bank.
The bank after that, just like the situation in my hometown, has always been the pocketbook of the powerful. When anyone is short of money, he will go for it. If it is too fat to raise, and he has doubts about shaking the country or surpassing himself, he will kill it and copy it. Like Shen Wansan, Hu Xueyan and the like.
Until World War II, the tragedy of the financial circle can be said to have reached its peak. One of the factors in the rise of anti-Semitism is that the behavior of Jewish billionaires is too offensive.
It is true that a few people are not enough to represent an entire race, but it is also true that they have become an excuse to raise the butcher's knife. The end result was the death of millions of innocent people, and the suffering of many more.
Then capital seemed to turn over, and became the behind-the-scenes hand of the world, controlling the lifeline of many countries.
Maybe not all are directly controlled, but everyone has to follow the rules of the game designed by these capitals. The result is like a group of basketball club players from elementary school to university team up to face off against the NBA fantasy team. Anyone who comes can only be played.
Perhaps this type is the ultimate goal that the fellow who was the first to create a casing bank wanted to achieve. And he took it seriously.
But that person made a mistake that most people would make, that is, to look at a different world with his own eyes and ideas.
In the hometown I have experienced, the reason why capital can run amok is because the rules of the game in the whole world are like this. Anyone who wants to break the rules of the game will have to face the lesson of the super-state controlled by capital—Magdi.
How strong is Magnesium Emperor? Comparing the military budgets of various countries in 2004 in the impression of a traveler, the Magnesium Empire is equal to the second-ranked country added to the 32nd, and the total military budget of the 31 countries is only about one magnesium emperor.
Perhaps the military budget is not equal to the strength of the military force, but it can be regarded as a more intuitive comparative figure. However, such a country is controlled by capital behind it. This allows the financial group to reveal a face that has never been seen in thousands of years of human history.
It can be said that without the support of Emperor Mei, the tragedies of the Jews, Shen Wansan, Hu Xueyan, etc. will happen again and again. But is the world really a better place if these people escape their tragic fate? Or did the victim become the perpetrator?
I don't mention the things that are too far away, let's just say that I met that dear friend who might be a fellow villager in Midi. He may think that he is still in a world backed by Meidi, so capital can mess around unscrupulously.
Unexpectedly, he was handed over by a German government order!
In the history of home and abroad, such things as German government orders have only appeared in the island country next door.
As a country that has actually implemented militarism since the Kamakura shogunate, the appearance of the Toku decree is actually not a good thing.
To put it simply, some low-level warriors and people are living in poverty and need to borrow money to survive. When the debts were so heavy that they could no longer borrow, the people above came forward to take the lead and canceled the debts.
At this stage, the only people who seem to be losing money are businessmen and local tyrants who lend money. In fact, life has not improved, and the economic environment is also very poor. These people at the bottom still need to borrow money to live.
However, after reneging on debts once, how dare those rich people lend money to those who will, or are destined to renege on their debts. The result is that I could borrow money to get by, but now I can't even borrow money, and there is only a dead end.
To put it bluntly, the German government decree is just a policy of drinking poison to quench thirst in real history, and it will not end well.
But the situation in Lost Land is different. Midi's loan is a special-shaped product that was urged by those set-up banks, and the ordinary people couldn't control themselves when they first came into contact with new things.
It is true that there is something wrong with people who do not control their desires and who are too stupid to be deceived. But those guys who have been trying to deceive people from the beginning should bear greater responsibility.
Fortunately, the main target of the set bank is still the noble lord. People in this class have no moral bottom line, so no matter what kind of environmental changes they face, they can quickly adapt.
Therefore, from the appearance of the set bank to the bubble stage of the entire lost economy, it took only two or three years. In such a time, there is no way to transform the ordinary people of Midi into a habit of spending ahead of time and overdrawing their own future.
The only ones who are hurt are the money bags in the eyes of the powerful. It can be said that if they don't make a move today, they will reap it sooner or later.
Someone once said that socialism is not suitable for the current lost ground, because there is no soil for germination. The constitutional monarchy can only be implemented in the Karlsruhe Empire, because apart from there, the common people do not have enough awareness and ambition to make progress.
In a wrong environment, it is normal to forcefully promote things that are not suitable for development, and eventually backfire on one's own body.
To use an inappropriate metaphor, let's talk about the hometown of a certain traveler. If someone sells pork dishes in * * * countries, UU reading www.uukanshu. Don't say that com closed down because of no business, it is possible to be dragged out on the spot and beaten to death!
However, having said so much, I haven't talked about the worst part yet. That is, the goddess of gold coins who was regarded as the most relying on by the fellow who founded the casing bank at the beginning!
Lin guessed that in the fellow's mind, the Goddess of Gold Coins should not be bypassed, and must be accepted.
So according to what someone heard, that fellow countryman spared no effort to explain how much power, how much money he could make, and how many people's beliefs he could gain after the bank developed its lending business.
However, the Goddess of Gold Coins has not let go of her mouth, leaving the set bank in a state of chaos during the Warring States Period.
When the complaints arose, the fellow could no longer use the excuse of gaining faith to continue to persuade the goddess. It can only continue to emphasize how much control the loaned out money can give back, and how much money can be earned. And only the Goddess can clean up the mess in front of her and stabilize the financial system of Lost Land.
The reason has been updated, but the point of making money remains the same.
When the decree comes out, the world will be different!
The word "virtuous government" is not used casually. This is a decree that can buy a large number of people's hearts in a short period of time.
Not only those who were unable to repay cheered loudly for their lords, but the vassals wept bitterly for the lord's compassionate behavior, and people did not forget to praise the goddess of gold coins loudly after receiving the blessing of the decree of virtue.
