The breaking news was sent by American businessmen. During this period, all telegraph machines in the Ryukyu Kingdom have been officially blocked. Ships on the sea are not allowed to approach the docks, and ships in the port are not allowed to go to sea. Personnel exchanges and information transmission are prohibited. They have all been cut off by Xiao Letian.
This is the harbinger of the beginning of the war. In the concessions of various countries along the Huangpu River, almost all foreign newspapers are discussing this war. Countless commentators are drawing on the map, speculating on where the Russian fleet is and how powerful its combat effectiveness is. , What kind of counterattack does Xiao Letian have?
The attention of foreigners has been completely drawn to this war. During this period, no one went to the theater, dance, socialize, and even their favorite bars did not go often.
Not only foreigners are paying attention to this war, but all China's enlightened gentry are also paying attention to this war. It's impossible not to pay attention. This war between the Chinese and Tsarist Russia is related to the economic security of the entire Jiangnan. After all, Nanpiao is a Whether Zhang Waste Paper can still build his reputation in this battle depends on this hammer sale.
If Xiao Letian wins, Nanping's credit will skyrocket, and people's confidence in this piece of paper will increase several times. At that time, the circulation of banknotes will increase, and Jiangnan's economy will improve due to the increase in money supply. prospered.
If Xiao Letian loses, Nanpiao will be turned into waste paper, all Chinese economic layout in Jiangnan will be destroyed, foreigners and Manchu forces will begin to counterattack, and all enterprises that have lost blood due to the Nanpiao crisis will be looted.
Not only that, the failure of Nan Piao will also doom the credit of banknotes. The Chinese people will no longer believe in banknotes, and it will be impossible to issue new banknotes.
By that time, Jiangnan will return to its past slow deflation state.
Not only foreigners understand this economic common sense, but in fact many big Chinese businessmen such as Hu Xueyan also understand it, but the way of expressing it is different.
On the bank of the Huangpu River, Hu Xueyan sat anxiously by the window of the western restaurant on the second floor of the Licha Hotel, looking at the rolling Huangpu River with an extremely heavy heart.
He was thinking about the impact of this currency war on Jiangnan's economy. If Xiao Letian failed, nearly 2 billion banknotes would become waste paper. Not only would Jiangnan's economy be sheared, it would also fall into a huge money shortage. .
The current economic prosperity of Jiangnan is, on the one hand, the result of post-war economic recovery, and on the other hand, it is also the result of sufficient currency circulation in the market.
If there were 10 billion taels of silver floating on the market in Jiangnan in the past, which was the total amount of blood in the economic vessels of Jiangnan, then all economic development would be based on these 10 billion taels of currency. That is to say, as long as the silver does not have much of outflows and inflows, then the total economic amount on Jiangnan's books will always be 10 billion.
No matter how much your product volume increases, because there is only so much money, the total economic volume measured by money will always be 10 billion.
Now there are nearly 2 billion extra banknotes out of thin air, which means that Xiao Letian alone has increased the size of Jiangnan's economy by 20%. Now it has become much easier for many small businesses and small businessmen to borrow money and finance, and many new Workshops, shops and even factories have sprung up.
The rapid development of Jiangnan's economy in recent years is actually closely related to Xiao Letian's banknotes. If these 2 billion banknotes become waste paper, then Jiangnan's economy will enter a state of unstoppable contraction.
Businessmen who have lost their sense of security will turn their money into land, or simply bury it in the back garden. The 10 billion circulating currency will drop sharply like an avalanche. By then, only four to five billion of the circulating currency will be left on the Jiangnan market, even if it is burned. Very fragrant.
There is still so much land, there are still so many factories, there are still so many goods, Jiangnan's economy is still so big, whether there is a war or not, no one is going to burn this wealth.
The total amount of physical goods is still the same, but the total amount of currency on the market has suddenly disappeared by more than half. What consequences will this have? Of course, prices have plummeted but no one is willing to buy it, or they can't afford it.
The reason is very simple, isn't it? If the economic aggregate is originally worth 10 billion, but you only invest 5 billion in the underlying currency, then the economic aggregate that is clearly 10 billion on the book can only be priced at 5 billion. .
Money is actually the object of human wealth. Money cannot be eaten or worn. It only serves the purpose of ensuring the smooth circulation of human commodities.
It doesn’t matter if the Qing Dynasty is still the Qing Dynasty of the Kangxi, Yongzong and Qian Dynasties. It’s enough to resolve this crisis little by little behind closed doors. When the market price of goods is high, people’s income will increase. When the market price of goods is cheap, people’s income will also increase. It will be lowered and it will be just as heavy as carrying it on your back.
But now is no longer that closed era. It is now an era when the great powers are knocking on the door of the Qing Dynasty. This is a semi-colonial era. Your currency in Jiangnan, silver, has been silted up. There is plenty of cheap silver in the hands of foreigners!
Taking advantage of the money shortage in your market and the low prices of all supplies, these foreigners will rush in to raise money. Your tea mountain is good, please set a price, and the foreigner will buy it.
Your brewery is great, but you’re short of money? Come on, come on, sign an agreement with our bank, I will take 60% of your shares, okay? From now on, you can work hard for me.
Land, factories, goods, shops, farmland... countless tangible and intangible wealth will be swept away by foreigners in this storm. Many businesses may appear to be time-honored brands on the surface, but the internal equity distribution has already been large. Changed.
Hu Xueyan thought of the scene when the ground collapsed that day. The three-mature steak on the white tablecloth in front of him was the meat of all living beings in the south of the Yangtze River! It was laid out bloody on the dining table, waiting for the moment when the knife and fork fell off.
Sitting opposite Hu Xueyan was Henry Henry, the Asia president of Citibank. He smiled and stared at the Chinese opponent opposite him as calmly as an old cat playing with a mouse.
"Does the steak not taste good? I remember you once said that you like Western food very much? The Richa Hotel is the earliest European hotel in Shanghai. The food here is from famous chefs in Paris. You must try it!"
Hu Xueyan still couldn't eat, so he put down his knife and fork, "Let's open the skylight and speak frankly! It's absolutely impossible for you to ask me to betray the Qing Dynasty. There has never been a traitor in my Hu family!"
"No, no, no...Mr. Hu, have you made a mistake? What I have to deal with is just Xiao Letian. As far as I know, isn't your Beijing court also competing against Xiao Letian in Nan Piao? What they want to do is compete with Xiao Letian. We are the same, we are all waiting for Nanpiao’s credit to collapse!”
"Think about it carefully. Who will take advantage of Xiao Letian's power? Of course it is the imperial court in Beijing!"
"So, cooperating with us is equivalent to cooperating with the Beijing court. Our interests are the same!"
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