Before the Nan Piao collapse completely, converting banknotes into silver coins was the most successful thing A Qing thought she had done. In the past few days, when she had nothing to do, she would go to various gambling stalls to watch the waves of people, or go to Stores use cash to purchase large quantities of ridiculously cheap and expensive goods.
There is a money shortage in the market, and all merchants are experiencing serious cash shortages. The competition at this moment is not about whose business is better, but the stock of cash on hand. To put it bluntly, the capital chain cannot be broken.
In order to get cash, merchants of all sizes in the south of the Yangtze River tried their best to give customers discounts. For example, Aqing's sister-in-law just bought the Hu silk. She actually bargained all the way to 30% off and still got it. It can be seen that the cash on hand of the silk merchants has already been reduced. What a shortage.
The whole Nanqiao crisis was actually an artificial shortage of funds. Jiangnan was originally a business structure in which three currencies, cash banknotes, banknotes and Nanqiao, circulated together.
Due to various reasons, the market share of banknotes has been replaced by Nanqiao, and it is now rare on the market. The entire market is basically a current situation where banknotes and cash are circulated together.
Money itself has no actual value. As precious metals, gold and silver have certain uses in industry, but most of them are still used for currency circulation. This thing is actually an object of wealth.
How many goods are on the market, and then look at how much currency is in circulation, then the approximate price level will be clear at a glance. For the same quantity of goods, if the money supply increases, the price system will naturally be more expensive. If on the contrary, the money supply suddenly decreases, and there are still so many goods that need to be marked, prices will naturally be in a state of decline.
As long as a shrewd businessman can time the rhythm of a financial crisis, he can make a huge fortune. He can store a large amount of cash before the banknotes are about to collapse, and then use the cash to collect physical goods or industries after the crisis breaks out, and vice versa. Naturally make a lot of money during this time.
Sister-in-law Ah Qing always thought she was on the right track. Before the crisis broke out, she changed all the banknotes into silver. Then when prices plummeted, she started making large purchases. It was like lying down and letting pie fall from the sky, and wheezing. He screamed and threw it on her face, all of which were oily and watery pies.
She made money and prospered, and then watched other bankrupt people jump into the river and hang themselves. This further proved her ability. Under the strong contrast, Aqing's sister-in-law was so dizzy that she could no longer find her.
When a villain succeeds, he has to show off, especially in front of losers. This is naturally a very satisfying thing. The son of the old Wang family is handsome and has a promising future in school. Sister Aqing has long given it to herself. My daughter is watching.
However, she also knew that her family had a bad reputation and the conditions of Lao Wang's family were also good. This marriage might not be possible, so she never opened her mouth. And today happened to be the time when she had the upper hand and was strong. After thinking about this marriage, she felt that it was possible. Try, this is what we call today's "accidental encounter" on the street.
But I never expected that Wang Liuyi's family was just like a stone in the pit. They were smelly and hard, and they were so poor that they went bankrupt and still maintained their usual airs. The angry Aqing's wife naturally beat and scolded her to vent her anger.
However, the rapid ups and downs of her life were beyond what she, a shrew, could have imagined. The news of the prime minister's victory was like a heavy hammer hitting her heart. She couldn't bear the blow and fainted from anger.
Although Sister-in-law Qing has a bad character, she has been an old neighbor for many years. The people around her couldn't stand and looked at her. They rushed to lend a helping hand, pressing people in, fanning others and pouring cold water on them. The group of people worked for a long time before doing this. I think she was saved.
"Oh...my ancestors..." She let out a plaintive lament, just like an opera singer. Sister-in-law Aqing finally came to life, but as soon as she opened her eyes, she thought of how much money she had lost, and she couldn't help but burst out with sadness. Cry loudly.
"Wow...ahhh..." This is really sad for those who hear it, and they cry when they hear it. It is really hard for people to imagine that someone can cry so miserably.
Sitting on the ground, Mrs. A Qing's tears turned her makeup into ravines, her voice was howling like a broken gong, her legs were kicking on the ground, and the silk on her butt was almost worn out.
What an injustice! She was so wronged. She remembered clearly that the last time she gambled on Nan Piao, she exchanged 98 yuan banknotes for a silver dollar!
"I am committing evil... Wuwuwu... Why am I still alive? I exchanged 98 yuan for one yuan. Am I stupid! Am I stupid!" He scolded himself for being stupid and slapped himself at the same time. Big ear scraper.
Pah, pah, pah... the whole street is filled with the sound of pah, pah, pah!
Aqing's wife is surrounded by poor neighbors, and few people are doing big business. Ordinary people spend more money on copper coins. Occasionally, one or two silver dollars are enough to live a very prosperous life.
They have no idea about hundreds or thousands of silver dollars, but this does not prevent them from feeling sorry for Aqing's wife. Who would have thought that in just five or six days, the originally worthless waste paper would become as valuable as silver. What's up?
No, no, no, I heard the yamen officers shouting just now, the credit of this banknote has not only been restored, but it looks like it has to increase. After all, the government said that there is a discount for paying taxes with banknotes!
In this way, all buyers and sellers are willing to accept paper money, and you are more popular to buy things with Nanqiao than with silver dollars. 98 silver dollars were exchanged for 1 silver dollar. Thinking about it, Aqing's wife slapped her several times. It was really not aggrieved. In exchange for two, a person would have slapped her big mouth.
What was the purchasing power of a silver dollar in the late Qing Dynasty? This is really difficult to compare. Xiao Letian once compared the price of grain with later generations, but think about it. The grain yield per mu in the late Qing Dynasty is definitely not comparable to that of later generations. Now there is no genetic modification or hybrid rice, let alone Let’s talk about fertilizers and pesticides.
However, if we compare it with labor wages, we may be able to see some clues. Historical records record that ** worked as a librarian at Peking University in 1918, the seventh year of the Republic of China. At that time, his monthly salary was 8 yuan. .
This 8 yuan basically solved the problem of food, clothing, housing and transportation in Beijing. At that time, the monthly salary of blue-collar technical workers in the factory was only between 13 and 15 yuan if they worked all month long.
At that time, the market price of a small courtyard house in Peking was only about 500 Yuan Datou.
The silver content and net weight of the dragon-patterned silver dollar cast by Xiao Letian are very close to that of Yuan Datou. This can also be used to infer the approximate purchasing power of a dragon-patterned silver dollar.
The Jiangnan Money Crisis was actually a plunder of wealth from the merchant class. It really had little impact on ordinary people, because the people at that time really couldn't save many silver dollars.
