Liu Bingbug dragged his lame leg and took care of the mutilated corpses one by one. He helped close his eyes without closing them and wiped the bloody face. Although people come and go naked, they still have to leave. A bit of dignity isn't it.
Gradually, Willow Bug discovered a problem. From outside the gate to the three floors, there were a total of twenty-two people who were trampled or committed suicide. And one thing these people had in common was that they were all wearing silk and satin. Decent people.
Of course Willow Bug is not an expert, but in this prosperous place like the south of the Yangtze River, he still has some discernment. Could it be that the warm and greasy tentacles are top-notch lake silk? The piece of mutton-fat white jade on the melon cap is enough to last for three years, right?
Look at the jade snuff bottles, jade belt buckles, and ring fingers on the deceased's body... all of them are rare and valuable treasures. There is no one wearing patched clothes among the dead bodies.
"What a sin! Why are you doing this! Don't you still have money? Why did you risk your life for a few pieces of paper?"
Many years later, Willow Bugs understood this truth. When everything calmed down and when later scholars began to analyze the crisis, many truths gradually emerged.
Of course, Xiao Letian is not a liar. Although he created the banknotes with the intention of making money, he will never take advantage of it, let alone deliberately disrupt the financial market.
Xiao Letian's general principle is very clear, which is to conduct small-scale money trapping without disrupting the local economy and control the harm within a certain range.
Building a strong military and industrialization cannot be achieved overnight, and it is absolutely not advisable to engage in evil moves like the Great Leap Forward.
Therefore, Rakuten Bank is cautious and careful when issuing Nanqiao. Among the currencies circulating in the market, banknotes only account for about 45%.
The remaining 65% are still real silver coins and copper coins, which are hard currencies that will not depreciate.
1.6 billion yuan of banknotes, calculated as silver, is only about 48,000 tons. Compared with the total economic output of the Qing Dynasty and the output of new silver mines around the world, this amount of silver is not much at all.
And how much currency silver coins are issued in the Jiangnan market? At least more than 50,000 tons, not including silver ingots and various silver ingots that have not been eliminated.
While Xiao Letian was issuing banknotes, he was storing a large amount of silver ingots in the Ryukyu treasury. In fact, as long as he was given time, this bank run could be passed safely.
Rakuten Bank has a lot of physical silver, and Nanyang also has grain. These are all powerful tools that can stabilize the market. In fact, careful people should be able to find that although the crisis in Jiangnan was so severe, no one starved to death. Why?
Because ordinary people in Jiangnan do not only have banknotes in their hands, each family has a different proportion of silver coins. However, the purchasing power of silver coins did not decrease during the financial crisis. In fact, it increased.
In the past, three silver coins sold for a table, but now one and a half is enough, because the market has a fanatical and irrational pursuit of physical silver coins. Anyone who buys things with silver coins is considered a VIP in the eyes of merchants.
"What are you talking about? One and a half silver coins are too expensive? Well, how about buying a table for one silver coin? That's a 30% discount!"
Look, the purchasing power of silver coins in a financial crisis is so high. In the same way, as long as people use silver coins to buy more food and survive carefully for a few months, as long as they get through this crisis of confidence, all problems will be solved.
Unfortunately, sane people are always in the minority. The economic crisis is actually the cold winter in the cycle of four seasons. When winter comes, you have to follow the example of blind bears and cat winters, and sleep warmly until everything recovers.
However, many people are controlled by greed, fear, and ignorance. Even though it is a cold winter, they still have to go shirtless to fight like summer. Isn't this seeking death?
The crisis in Jiangnan is, to put it bluntly, a banknote credit crisis. In fact, it only accounts for 40% of the total economy and has been severely hit.
Unfortunately, under the threat of war, coupled with the fuel of the foreign devils, and the main reason was that no Qing businessman had ever seen such a large-scale and rapid economic crisis, everyone was temporarily in disarray.
When the mind is confused, demons and ghosts will naturally cause trouble.
In front of Liu Bingchong, the boss who knew that a piece of Chinese jade belt buckle could last him a year, committed suicide just because half of his family property collapsed.
Before he died, he may have only thought about the hundreds of thousands of wealth he had lost, but forgot that his family actually still had hundreds of thousands of wealth that was not lost. But people have become obsessed with this strange thinking circle. It is not surprising that they magnify what they have lost and forget what they have, and behave irrationally.
In fact, there are many such people in life. Millionaires always envy multi-millionaires, and millions envy billionaires. There is no limit to what people can do.
When a millionaire encounters a sudden disaster, half of his family property of half a million yuan disappears in the blink of an eye. At this time, most people will wail crazily, hit the wall in pain, and even want to commit suicide. The pain of losing half a million yuan in an instant is like The peer fire burned away all his sanity.
But why didn't he think about it? After throwing away half a million of your wealth, don’t you still have half a million left? The remaining five hundred thousand dollars is already more than tens of thousands of ordinary people.
Anyone who can really think like this and come up with such thoughts is all a truly enlightened person, and the sages in the world are probably nothing more than this.
This is why Willow Bugs looked at it for a long time and discovered that all the dead people were rich. In this crisis, the richer the people, the deeper the pain they felt, and the harder they worked in the wave of bank runs.
Just like that crazy storm just now, ordinary people with little real money wanted to squeeze in, but their wives and children pulled them behind, shook their heads, and everyone gave up with a sigh.
Anyway, I don’t have much money, so I’ll just throw it away! The poor people who thought about it would not get involved in this muddy water. They just followed the crowd outside and did not rush to the innermost part, so naturally they would not die.
Only those wealthy people who cannot accept the reality that their huge wealth has evaporated will squeeze their way into the core, but they will end up losing their lives in vain.
Willow Bugs finally figured it out. He shook his head and sighed, finished sorting out the last corpse, and kowtowed to the people who died in vain. "You have a good trip! May the Buddha and Bodhisattva bless you, and don't be so greedy for money in the next life! These waste papers, you Have you lost them all? That’s it, I’ll take them back to make a living in the shack..."
While talking, Willow Bug took out a sack from nowhere and began to collect these 'waste papers' inside.