Chapter One Hundred and Ninety-Five The Whole Chapter "The Dao Heart Seeds Demons" - Chapter One Hun(2/2)
Yang Pan did not plan to open a modern bank, but only planned to open an ancient gold and silver custody bank.
The bank's profit depends on loans. The problem is that in the current environment, it is absolutely impossible to recover the payment after the goods are paid out.
Therefore, only ancient methods can be adopted.
Store gold and silver custody of big private merchants, accept gold and silver notes, so as to facilitate merchants and dignitaries.
Of course, gold and silver storage requires the fire consumption and storage fees.
However, this fee is definitely worth the money compared to the cost of transporting gold and silver between merchants and traveling between the two places.
This kind of money bank did not appear until the Song Dynasty, but Yang Pan was opened in the Sui Dynasty, which was a major innovation.
Yang Pan's "Yuelai Money House" opened directly and opened all over the world. However, such a money house was solely owned by Yang Pan. The profits of it can be imagined.
Countless merchants in the world chose to deposit gold and silver into money shops and exchanged them out with gold tickets in other places.
It greatly facilitates commodity circulation and commercial exchanges.
For a moment, the circulation of goods in the whole world increased. Merchants who had no capital to go out to other provinces had the capital to go out to the province and go to various places to go to business.
As the cost of commercial circulation is reduced, commodity profits will naturally be reduced.
Therefore, in order to compete, merchants from all over the country have to invest in various software and hardware upgrades. At the same time, the demand for goods is also increasing.
Chapter completed!