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Chapter 1672 The Importance of Money Circulation

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    "Woooo~"

    On the train going south, Liu Jin was looking at the scenery outside the window and fell into deep thought.

    "It was really an accident. I thought that the 20 million taels of silver might not be raised, and the prince would have to come up with the money. Who knew that enough funds would be raised so smoothly."

    "And there wasn't enough to sell, and many people who didn't buy the stocks even made a fuss."

    "It seems that the popularity of the Ming Dynasty's stock market has made investment seem a bit irrational. The Nanjing Yangtze River Bridge is a large investment, but the income is not large. There is no way to compare with the Egyptian Canal, but it still attracts a large amount of investment, even from overseas.  The feudal kings came back to invest in large amounts."

    "Also, Tianjin's stock market has continued to rise recently. This must be related to the emergence of the telegraph. With the telegraph, the exchange of information between various places has become more convenient and faster. Even the bank has a telegraph.  , the flow of wealth has become faster."

    "That's fine. Daming's infrastructure has just begun. There are still a lot of railways that need to be built. If someone is willing to invest, then the railway construction can be faster. At least there will be no shortage of funds."

    ¡°Instead of letting the landowners¡¯ old wealth bury in the ground, it is better to use this money to invest in infrastructure, so as to promote the development of Ming Dynasty faster.¡±

    Thinking of this, Liu Jin also smiled.

    ??The purpose of setting up banks and stock exchanges by oneself is naturally to concentrate the idle funds of the Ming Dynasty to do big things. If this money is placed in the cellar, it will be like a lump, without any value, and can neither be drunk nor drank.

    But it is different when it is used. The role of money can be exerted. Funds are constantly flowing. Factories, businesses, workshops, railways, highways, ports, reservoirs, dams, etc. can all be built with money.

    ¡°These are all big projects, major projects, many of them are major events that are of contemporary benefit and will benefit the future. They are very helpful in promoting the development of Ming Dynasty.

    And these large-scale projects can greatly promote employment, requiring a lot of people, driving employment and creating wealth, and the wealth of the entire country can snowball like a snowball.

    ? In addition, we also want to promote the development of technology.

    Take the construction of the Nanjing Yangtze River Bridge as an example. It is definitely a huge challenge for Daming's construction engineering technology. If the Nanjing Yangtze River Bridge can be built, then there will be no problems and difficulties in building other bridges. Building a bridge  It was enough to elevate Ming Dynasty's bridge construction technology to a new level.

    In the past, these wealthy landowners in the Ming Dynasty liked to build cellars, and then pile them full of silver and gold. They even melted gold and silver into bricks and used them to build walls and houses.

    This time z.com Zhang Si.  The wealth of the entire society continues to gather in their hands, and then they bury it underground. The result is that silver and gold in society are always very scarce, currency is constantly proliferating, and at the same time it is extremely lacking in circulation.

    Once money lacks circulation, it loses its role and value and brings huge problems to society. The people at the bottom have always been in poverty. The wealth created by society always depends on the one-third of an acre of land, and dynasties often escape.  There will be no more than three hundred years of reincarnation.

    &#24378&#29306&#32&#120&#105&#110&#100&#105&#110&#103&#100&#105&#97&#110&#120&#115&#119&#46&#99&#111&#109&#32&#35835&#2930 6&#  12290 Therefore, Liu Jin knew clearly that he had to get out the money in the Ming Dynasty's cellar and let it circulate continuously in society, so that the Ming Dynasty's economy could be truly activated.

    Otherwise, no matter how much gold and silver wealth is plundered from overseas colonies, the gold and silver will be buried underground immediately, and it will still not be of any help or development to the Ming Dynasty's economy.

    The Tianjin Stock Exchange stock market is booming now, which is also a good thing. You can get all the money from the landlords and wealthy people. With this money, you can do anything, whether it is infrastructure construction or building factories, that is all.  It's working.

    The economy of Ming Dynasty was able to develop rapidly, and banks and the stock market played a very large role.

    Almost every railway under construction now is a railway factory that has raised funds through listing on the stock exchange, often tens of millions or even hundreds of millions of taels of silver.

    ¡°If there was no stock exchange and the Ming Dynasty government or private businessmen had to do it alone, I am afraid that even now, the Ming Dynasty would not be able to build a few railways.

    But it¡¯s different with the stock exchange. The Ministry of Industry is approving new railway lines every year, and railway construction starts every year, from the earliest Beijing-Tianjin Railway to the Beijing-West Railway and the Beijing-West Railway.?.

    "I know, that's what I said. Don't worry, I won't forget important things."

    When Zhu Houzhao heard this, he immediately felt bored. He couldn't talk to Liu Jin about this matter. He only had two wives and was suffering from tracheitis. How could he understand this?

    Liu Jin looked at Zhu Houzhao with a look of disbelief.

    ¡°I just hope he doesn¡¯t harm too many girls this time, he already has enough women.

    This trip to Nanjing was naturally to preside over the opening ceremony of the Nanjing Yangtze River Bridge and to inspect the flood situation in the south of the Yangtze River.  Zhida z.com Zhixiao

    This year, the south of the Yangtze River was hit by a major flood that had not happened in decades, and the north was hit by a severe drought. Emperor Hongzhi also attached great importance to this, so he sent Liu Jin to Nanjing, and by the way, he also asked Prince Zhu Houzhao to go south to have a look and inspect people's livelihood.

    "Let's see if the people's lives in Jiangnan have been greatly affected after the floods, whether there will be too many difficulties, and whether we need some support from the court.

    Emperor Hongzhi loved the people like a son and always cared about the people

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