Chapter 1177 National Debt Plan <<<
Li Chen's question immediately made Liu Sichun nervous.
She lowered her head and answered softly, "A daughter born into the Liu family naturally stays with the Liu family."
At this moment, only Liu Jia's third uncle and Wan Jiaojiao remained in the hall.
Wan Jiaojiao was already used to it.
... while Liu Jia's third uncle's heart was almost in his throat. ...
Anyone could understand Li Chen's meaning.
Liu Jiashan looked at Liu Sichun, his eyes were hot, wishing he could rush up and help Liu Sichun agree.
Go to the East Palace!
Go away!
There's nothing good about living in this lousy Liu family place!
Isn't going to the East Palace fragrant!?
Li Chen looked at Liu Sichun and said faintly, "Let's not talk about these for now. There's another thing I want you to do."
Liu Sichun breathed a sigh of relief and quickly replied, "Your Highness's command is my order."
Li Chen pondered for a moment, then as if making a decision, said: "The court will need a large sum of money in the near future. How much is there in the money house?"
Liu Sichun's face turned pale when she heard this. She said, "In the bank's account, there are now about six million eight hundred thousand taels of silver, but Your Highness, this money..."
Li Chen raised his hand to stop Liu Sichun's words and said, "This palace knows what you want to say. Those funds don't belong to the imperial court or any money house; they belong to all the depositors. If this palace were to touch that sum of money, it would trigger a series of unpredictable consequences, wouldn't it?"
Liu Sichun said firmly, "It's not unpredictable, but it will inevitably cause public outrage to boil over, and the court's credibility will collapse immediately. This consequence is far more important than tens of millions of taels of silver. Please, Your Highness, don't kill the golden goose."
Liu Sichun's words scared Uncle Liu San so much that he stomped his feet.

Even if this can't be done, could you please soften your tone when speaking to His Highness and choose your words more carefully?
If Your Highness were to become angry, then this day next year would be the day of mourning for the entire Liu clan.
Li Chen said, "How could this palace not know that killing the goose to get the golden eggs is impractical? What this palace means is to issue national debt in the name of the imperial court."
Perhaps the phrase "national bonds" was too novel, Liu Sicun's face was filled with bewilderment and confusion.
That appearance, surprisingly, had a few adorable aspects to it.
Li Chen patiently explained, "This palace asks you, how do pawn shops and money houses in the common people lend money to private individuals?"
Liu Sichun, a business whiz, responded without hesitation: "Either there's a guarantor who both parties recognize and possesses credibility and capability, or collateral such as property is pledged. Money changers or pawn shops will assess a credit limit based on the guarantor's trustworthiness, strength, and the value of the collateral."
Nodding, Li Chen said, "That's right. Since private individuals can borrow money, why can't the imperial court?"
“The imperial court, using the nation's credit as collateral, issues bonds to the people of the land. Whether commoners or merchants, any individual or collective can purchase these bonds. Bonds clearly state their due date and interest rate, and upon maturity, the imperial court will make a one-time payment in full. Why wouldn't this work?”
Liu Sichun widened her eyes, finding Li Chen's train of thought too outlandish. The imperial court borrowing money from the people was unheard of in ancient history.
But... think about it, it's actually feasible.
After all, nothing in the world surpasses national credit in terms of individual and collective credibility. With national credit as a guarantee, people are willing to purchase government bonds. The government uses the money for its affairs, and when the bonds mature, both principal and interest are returned together. For the vast majority of people, this is a surefire profit-making deal.
"Your Highness... how much silver will you need?"

(Editor in charge：)