Chapter 41: Usury in the New Era

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  Ye Feng listened and let out a cold laugh, loudly ordering: "Bring it up."

  With a loud creak, the large gate swung open. A team of robust guards carrying boxes marched in with uniform steps. From their strained expressions, it was clear that the contents of the boxes were by no means light.

  The guards lifted the box onto the stage, opened the lid, and stood on either side with their hands behind their backs, staring intently at the crowd. A brilliant yellow light shot out of the box, and everyone's eyes lit up.

  Yefeng gave a signal with his eyes, and Oola walked forward, kicking one of the boxes with her foot. "Ah~" Amidst the crowd's cries of surprise, the box clattered to the ground, and the gold coins inside flowed out like a small stream, rolling all over the floor.

  The merchants scrambled, one by one picking up the gold coins that had rolled to their feet, carefully blowing off the dust and dirt on them, then under the watchful eyes of the guards, they smiled obsequiously as they put every single coin back into the box.

  Someone carefully counted it and found that there were as many as twenty boxes of money. Calculated at 500 yuan per box, it was a total of 10,000 yuan.

  Ye Feng pointed at the money box, sneering: "See that? If Xiniya didn't have any money, what would this be? And this is just one-twentieth of it. If it weren't for the hassle of moving it back and forth, I'd bring all of it."

  Seeing the greedy eyes of the merchants, he signaled the guards to put all the chests away. When the last gold coin was put into the chest, the merchants couldn't help but let out a collective sigh - so much money, unfortunately it wasn't theirs.

  They didn't know that the money wasn't Xinya's, but rather Afu Luo's for buying grain. Ye Feng just borrowed it temporarily.

  Ye Feng disdainfully said: "You have a lot of money, it's not worth looking at the few dollars you're worth, just put your small heart and courage all in your belly!"

  Businessmen saw the money and put their minds at ease, for them, money is the best guarantee.

  Ye Feng saw that these people had already been stunned by his magnificent move and continued to say: "The total capital of our company is 200,000 gold coins.

  To ensure the market's healthy development, orderly development and benign development, this company will be invested with 1 million gold coins by Duke Siniya's mansion, accounting for 51% of the company's shares. And a formal financial officer appointed by His Excellency the Duke will manage it. From then on, if someone maliciously borrows money and dares not to pay back our money, the one responsible for collecting debts will be the City Guard of Siniya."

  Businessmen are full of praise: The big man has a broad vision and is deeply endowed with economic brain and market consciousness. Not comparable to ordinary people like us.

  Ye Feng listened with great satisfaction, imitating that famous golden man, frequently waving his hand to the audience below.

  The people below saw Ye Feng still wanting to make a speech and hurriedly shouted: "We all know these, sir, quickly say how to buy shares."

  Ye Feng said with a hint of disappointment, "The 100,000 gold coins will be divided into 50 shares. The minimum purchase is one share, which is 2,000 gold coins. Everyone is welcome to buy enthusiastically. However, each person can only buy up to five shares, or 10,000 gold coins. This is done for everyone's benefit, as the more shareholders there are, the lower the interest rate will be."

  The merchants all clapped their horses and said: "Great man, you are wise."

  They are also worried that a few wealthy people will directly divide the shares, and it will become a usury institution monopolized by the duke and several big sharks. After Ye Feng set the upper limit, more medium-sized businessmen can have the opportunity to participate, which is beneficial to everyone.

  They didn't know that the real purpose of Ye Feng setting a limit was to ensure that no one's share would be so large as to threaten his own management, so Ye Feng could easily embezzle and use ten million non-existent gold coins to swindle another ten million gold coins.

  The essence of a bank is to make rich people richer, and Ye Feng believes that this company, which has the basic nature of a bank, will bring him huge benefits in the future.

  Ahu looked on in stunned silence as Ye Feng, without spending a single copper coin, managed to put 100,000 gold coins under his control. The person who paid the money not only had no objections but also regretted not paying more.

  "Lord Ye, can't we wait another two days to sell the shares? We are small businessmen, and each time we go out, we only do business worth a few hundred gold coins. Can you give us one more day, or even just half a day, for us to raise funds?" A boat owner shouted from below.

  Ye Feng hehe smiled, this is what he has been waiting for.

  "In consideration of everyone, I have decided that the shares will be directly exchanged for goods that are hard to sell, such as grains and the like. I will purchase them at the current market price. Everyone hurry up and prepare, first come first served."

  Merchants bowed their heads, carefully calculating that grain was now one gold coin per bag. Due to the Empire's Circulation Act, grain couldn't be sold, and inland grain prices were even lower. Many families' stored grain had already begun to mold, believing that with just a small amount of money, they could buy it up. This way, just transporting it would be a profitable venture.

  As for the restrictions on the circulation bill, everyone is eating smuggled rice. If you can't even handle this, it's better to go home and feed pigs early.

  Aphrodite was fuming beside him, her seven apertures smoking with rage.

  Ye Feng played a trick on Afu Luo, taking her money for himself and making her sit there fuming with anger, unable to accuse him.

  Afu pressed down the depression in her heart and smiled at Ye Feng: "Lord Ye, what a beautiful technique."

  Ye Feng pretended not to hear the sarcasm in her words and smiled: "Polite, polite."

  Oola bit her finger, blinked her pure and innocent eyes, looked at this and that, and asked in confusion: "What a beautiful technique, what technique is it?"

  Ye Fengdao said, "This is actually very simple, I'll just say it and you'll understand. I'm just letting the merchants voluntarily take out 100,000 gold coins, and then lend this money to those who took out the money. And the people who borrowed our money still have to pay us interest. Isn't that simple?"

  When Oola heard Yefeng's explanation, she felt a wave of dizziness, as if there were dozens of small birds flying in circles on top of her head.

  A merchant below shouted loudly: "Sir, how much money does this trade monopoly right cost?"

  Ye Feng smiled and said, "Let's first establish the company, then all related matters will be handled by the company in negotiations with the Governor of Xiniya. As for the exclusive rights, they will be auctioned off by the newly established company."

  Merchants exchanged surprised glances and said: "Auction?"

  Ye Feng nodded affirmatively and said, "Yes, an auction. Don't doubt your ears. It's just like a slave auction. To prevent anyone from intentionally causing trouble, each participant in the auction must pay a certain deposit to the company, and then bid for the exclusive right to a particular item, with the highest bidder winning."

  The businessmen got up again and surged forward to the stage, wanting to inquire about the details of the auction.

  Ye Feng saw that the scene was a bit chaotic and was very unhappy. He said with a straight face, "The specific details are available in the company's announcement."

  After finishing speaking, he took Aphrodite and Aura fishing again.

  The businessmen also dispersed in a hurry, rushing out of the hall, some to prepare grain and others to fetch money, fearing that if they delayed for a moment, they would miss their chance to invest.

  These anxious businessmen never thought that they would become a part of history. Witnessing and participating in the establishment of the first bank in history.