When we arrived in Dayu, yes, that was the man who controlled the water.

Due to perennial disasters, the people suffered from famine.

People who can't live can only sell their children and women in exchange for food.

How did Dayu win people's hearts?

He minted copper coins to help these suffering people redeem their children.

Although Dayu doesn't need the people to pay back the money.

But this means that under certain conditions,

It is possible to run your own business with other people's money.

This behavior is called "borrowing"

Even the emperor can't escape paying debts.

Time came to the Zhou Dynasty.

He has been harassed by Qin since he took office.

At this time, Chu made an alliance with him to attack Qin.

Zhou Xin believed it, but the national treasury was too poor to fight.

What shall we do? Borrow.

So Zhou borrowed money from some local tyrants in China.

Everyone agrees that when you win the battle, you will repay the principal and interest with the booty.

As a result, alas, I lost anyway.

Local tyrants pull banners at the gate of Zhou's mansion every day to collect debts.

The son of heaven was forced to climb to a high platform in the palace to hide his debts.

Later, people called this platform a debt collection platform.

Heavily in debt, that's how this idiom comes from.

As early as the Zhou Dynasty, there was a very mature national lending system.

Interest is low, even no interest.

Sacrifice money to borrow money from the government, interest-free for ten days.

And if it is used for operating loans, it will charge corresponding low interest.

For example, the Zhou Dynasty had five major governing policies.

One of them is a "fake agricultural loan"

It is a loan for farmers to cultivate land and belongs to the special care policy.

the Spring and Autumn Period and the Warring States Period

Using interest-free loans to buy people's hearts is a key means for many princes.

For example, Jin Wengong, the second overlord among the five countries in the Spring and Autumn Period.

Nineteen years in exile in his early years

Later, he returned to China, killed Duke Huai of Jin, and succeeded.

The first thing to do after taking the position is to grant amnesty to the whole world.

Pardon here is not a prisoner in prison.

It is the loan that all Jin people owe to the government.

This move directly won everyone's heart.

Because of the state-led low-interest loans,

So what is the situation of folk usury?

Since the Spring and Autumn Period and the Warring States Period

The more common variety of usury is called "double loan"

As the name implies, the annualized interest is 100%.

Who is borrowing money? Of course, those rich officials or big families

For example, Meng Changjun, the State of Qi, is familiar to everyone.

There are so many guests under Meng Changjun's door.

where is the money to come from? A large part comes from loans.

It is said that he only earns interest a year.

A fief can collect100000 yuan.

People who borrow money are of course poor farmers.

First of all, they have no land and need to rent it.

Secondly, it needs to survive but has no stable source of income.

Combating usury has also existed since ancient times.

the Spring and Autumn Period

Luan Huanzi, a doctor of the State of Jin, was a general with great achievements.

But it is because of usury that the reputation is damaged.

The result was written into China's first national history book, Mandarin.

Probably the first unlucky person to be written into history because of usury.

By the Western Han Dynasty,

The usury business is more developed.

At that time, Chang 'an City formed a loan market.

At that time, usury was called money.

The person engaged in loan business is called Qian Jia.

It is said that the annual interest rate is as high as 10 times.

At this time, the usury business is not only for the poor.

Face the government more directly.

Because the government was unstable and wars were frequent.

During the reign of Han Jing, the fourth emperor of the Western Han Dynasty,

There was a seven-nation rebellion against Wu Chu in China.

Emperor Han Jing wanted to send troops, but he had no money.

So I went to Qian's house to borrow money.

As a result, everyone looked at the aging Liu family and refused to borrow money.

Only a local tyrant named Wuyan lent his daughter to Emperor Han Jing.

Unexpectedly, Emperor Han Jing put down the rebellion in three months.

When I came back, I paid Wuyan several times the money with interest.

Through this transaction, Wuyan's family suddenly became rich in Guanzhong.