War Palace and Knee Pillow, Austria’s Destiny

Austria Vienna.

A financial storm is brewing in the imperial capital. Since the long-term plan for the second phase of the Imperial Railway was released, the stock prices of some of its sections have been on a rising trend.

Soon the price rose from 5 florins when it was first issued to 15 florins. Neither this stock issuance pattern nor the stock price growth is normal.

Excessive speed and over-hyping are expected in the eyes of experts, so when it exceeded 120% of the issue price, Adjani and her men began to suppress the stock price.

Of course, the specific operations must be arrived at after discussion by specialized traders and economists, but the experts hired by Franz soon discovered a problem, that is, they could not suppress the rising trend of stock prices at all; therefore, it was very difficult to It is easy to cross the 120% red line, and it is only a matter of time before it crosses 200%.

Unlike in the past, this time the stock rise was not led by a few bankers or a few families, but was a nationwide follow-up investment.

Experts feel that since this overheating cannot be stopped, it is better to choose to sell at a high point and buy back at a low point, following the example of Archduke Franz.

Theoretically, there is no problem with this. The royal family is not the loser anyway. After all, the characteristic of the capital market is that the strong always get stronger; even in terms of their ability to bear risks, the royal family with a large amount of capital is far stronger than other speculators.

Almost all experts assured Adjani that this would be a profitable business, but she was still a little worried, and her intuition told her that this would be a crisis.

In a conference room on the third floor of the Caesar Hotel, Solomon Rothschild watched intently as his most admired junior was boasting. The financial crisis that would sweep across Central Europe came from this man who was less than twenty years old. young hands.

"Please rest assured that this time we and the royal families and nobles of various countries will all retreat. From now on, Central Europe will be our Jewish world. Those princes, generals and ministers will only become more and more dependent on us. What will they do without us?" neither…

We can rely on our ingenuity to conquer Europe. There is no need to go all the way to the Middle East to fight for that poor desert with the damn Ottomans! "

(On February 5, 1840, Eid al-Adha of the Tianfang Church, several Ottoman sects carried out a large-scale massacre of Jewish immigrants near Jerusalem, causing tens of thousands of casualties.)

At the same time, in another place, a young man in Arab attire was talking to the audience in front; under the audience sat a group of financial giants from Austria, Germany, and Italy, and of course they had another The common characteristic is that they all have loan sharking business.

As a result of a financial innovation policy introduced by Franz and his economists after consultation, the advent of installment payments greatly hit the loan sharking industry in Central Europe.

This epoch-making measure solved the urgent needs of many people and brought positive energy to the empire's economy, allowing it to continue to develop along a healthy track. It also gave groups of different classes a glimmer of light and hope.

The number of people who choose to take risks and drink poison to quench their thirst is greatly reduced. Most of them choose a predictable tomorrow.

Although the empire still did not legislate the illegal limit of usury at this time, the effect of "pass it to ten, spread it to a hundred" made more ordinary people begin to understand that it was an unreasonable financial product.

After all, the royal family’s annual installment payment interest rate does not exceed 5%. Who would choose a loan shark with an annual interest rate of more than 40% or even 50%?

Even the interest rates set by several large families such as the Rothschilds, who are "conscientious" loan sharks who are good at public relations and packaging, usually remain above 25%.

The advent of the new financial model of installment payment was a weapon against these greedy financiers. It immediately beat these loan sharks to death, and their business volume and profits fell off a cliff.

Although they have the power behind them to back them up, who dares to show off as a hero in front of the royal family? What's ridiculous is that their support to the bureaucrats and evil forces cannot be cut off at all.

As a result, loan sharks often sold their sons and daughters, or even committed suicide by drowning themselves in rivers.

Although some less-sighted people tried to put pressure on the royal family and the government to submit by spending a lot of money and buying headlines in newspapers to demonstrate the rationality and benefits of usury.

However, Franz's offensive always refutes the so-called financial experts, and directly characterizes them as those who cause harm to the country and the people from the moral high ground.

The arguments supporting the loan shark side are nothing more than the following.

First, borrow and distort Hegel's "existence is reasonable" to defend yourself.

The description of usury in the Old Testament of the Bible is: "If a poor person among my people goes with you, if you lend him money, you must not charge interest like a moneylender."

Second, link usury to charity.

From the personal property or expected income provided by the bank or the royal family as a guarantee for installment payment, the argument can be made that no one will lend money to the poor to show his image of "thinking about the poor".

On the other hand, he cleverly points out that those who really need money may not necessarily meet the conditions proposed by the royal family; this is the main reason why everyone hates usury, but they all need it.

Third, the fault is neither those who provide usurious loans nor those who cannot afford to repay; it is because those stupid people do not understand the inner workings of the economy and misestimate their ability to repay.

And those "kind" loan sharks should not be punished, because they just did bad things with "good intentions".

Fourth, loan sharking can improve people's creativity and promote the healthy development of social economy; the large amount of interest it generates will give those who owe money a good opportunity to make the most money possible, and help lazy people break through their limits. .

Businessmen who have also received a large amount of income will have their pockets bulged and will take the initiative to purchase more products. This will also stimulate consumption and promote the development of the commodity economy. This is the approach that is most in line with the laws of the market and should be praised rather than belittled.

Fifth, optimize resource allocation and let funds go where they should go.

The poor only know how to eat and drink, but know nothing about making money. The concentration of large amounts of capital in the hands of bankers means more factories, major public projects and railway construction, which is of great benefit to the country without any harm.

And those who have no money can serve as a demographic dividend and in turn continue to stimulate economic development.

Sixth, great powers such as Britain and France have very advanced financial and banking industries, so they can rank among the world's powerful countries.

The writer hired by the other party eloquently wrote about dozens of "benefits", but the core points are three points: first, existence is reasonable, second, it is in line with economic laws, and third, the quality of people who do not have enough money is not good (lazy) , stupid, uninformed, too small)

The argument and method to deal with these people is also very simple, which is to offer 1 million florins as a bonus.

As long as any financier can work in any factory or dock in London, Liverpool, Manchester for a year and earn 50 pounds, he can take away this 1 million.

Of course, you can also take out the corresponding collateral and then invest. As long as the money earned after 3 years can repay the interest plus principal, you can get the bonus.

The result, of course, was zero success.

Among the 32 financial experts who chose to try their luck, 15 quit within a week, 10 of the remaining 17 quit within a month, and six of the remaining seven died in the factory. Another went to a mental hospital.

The casualties were completely within Franz's expectation. After all, given the safety conditions and work intensity of British factories at the time, it would be abnormal for more than a few to die.

Five very wealthy financial experts chose to prove themselves in the second way. Two of them lost their principal in the first year of investment and finally had to sell their mortgaged properties.

There is also an expert who directly enjoyed the generous package treatment of the Vienna version of the "West Ice Library Hotel" because of cheating.

The remaining two people wanted to turn around and borrowed loan sharks at high interest rates, and finally had to go to the "rooftop".

Personally, I think Lan Fang's writing is good, and the plot design is also sophisticated. But now it's so meaningless that I feel uncomfortable watching it.

Next, the protagonist will return to Europe. On the way, he will write about how the protagonist sailed here to avoid being said to have traveled through time and space.

But I guess it’s just this time. After all, what I write is a historical article, not a travel diary or a diary.

I am now shaken by my original intention of writing a book. So far, I have designed six main storylines in this book, but in the end I had to cut five of them.

The only thing that was written was the much-maligned Turkish-Egyptian War.

I don’t like to complain, but the huge amount of negative energy made me very depressed, making me say a lot of irrational things and do a lot of meaningless things.

After finishing the update today, I will most likely choose to take a day off tomorrow.

That’s it, I wish you all good luck in martial arts and always smile.