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第五百八十八章 白烟

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四月初一,李植的第三家津齐银行分行在天津卫城的开张。龙腾小说网ltxsba.com四月初一到初十,二十多家银行分行6续在天津的各府州县开张。与此同时,在济南府,山东的第一家津齐银行分行也开张了。

天津其他府州县和济南府的津齐银行一开张,就迎来了大量换钞票的百姓,人潮汹涌。

但在范家庄和天津,换钞票的百姓已经没有最初时候那么多了,三家分行的柜台已经出现空窗的情况。

如今范家庄和天津市面上已经有了二十多万两的钞票在流通,钞票和银子同时扮演着货币的角色,钞票的需求已经基本饱和。

钞票想完全替代银子,还需要更长时间的积累,才能让百姓越来越信任这种新型货币。

李植在天津的三家分行有了空余的柜台,开始面向公众吸收存款。

对于一家银行来说,存款是贷款的重要资金来源。使用其他渠道的资金,不如使用存款更长久安全。

不过,无论使用什么来源的资金进行贷款,只要放贷款出去,都会增加市场上货币总量。哪怕使用实物银子做货币搞贷款,货币乘数作用都会扩大流通的货币量。李植说的“银本位”不增加货币总量,说的是“银本位纸钞制度”不增加货币总量,而不是说贷款业务。

向开办实业的客户贷款,一方面增加了社会总产出,增加了货币的需求,另一方面也增加了货币的供给。

好在银本位制度有自我调整性。李植的钞票和白银之间可以自由兑换,一旦出现物价上涨,商人就会拿着银子到外地采购货物,白银就会从李植的领地外流,降低李植的实物白银储备,从而迫使银行收缩信贷,最终会控制天津和山东的货币总量。

因此在银本位制度下,货币总量和社会的货币需求量总是大致匹配的,不会出现显著的通货膨胀。

后世的十九世纪各国使用金本位,通货膨胀就没有持续性。银本位也是如此。大明宝钞快贬值,是因为宝钞和银子之间不能自由兑换。

如今已经是崇祯十七年,在原先的历史上,这一年流贼在关陕中原攻城略地,李自成于三月攻入北京城,天子朱由检自缢而死。

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