After all, the most fundamental reason for this sweet burden right now is that the severely backward East Asian economy suddenly encountered an extremely powerful tonic!
In many places in Asia, the economic operation is no different from that of the Qin and Han Dynasties, especially in some village settlements deep in the mountains.
In fact, life in many towns and villages is no different from that of the Tang Dynasty and Song Dynasty!
The biggest problem exposed in the pastoral scenery is the continued solidification of the economic structure. A stable and successful agricultural socio-economic situation has completely dominated China.
A country can never rely solely on the support of its elites. The huge national power of China in the Middle Ages was actually accumulated by ordinary people with an egg, a handful of millet and a corvee job!
Countless people in rural areas have never used silver coins in their entire lives. They may not be able to save one or two thousand coins in a lifetime, but they can still live happily and healthily!
What does it rely on? In fact, it is this self-sufficient economic model that has existed for thousands of years!
I am short of salt, so I exchange a few eggs for it, but I am rich in food, so I bring a chicken to exchange for it, and the output of the land and fields can be turned into tea and rapeseed oil.
It’s okay to work for a landlord for free for a day, and carry half a bag of coarse grains at night, and your wife and children at home will laugh from ear to ear!
What kind of economic environment is this? And what kind of economic environment are Xiao Letian and the others in?
Tens of millions of taels of silver are being hedged, international exchanges are being made, large sums of money are being invested in the purchase of arms and basic scientific inputs, and tens of millions of dollars are flying in the stock and bond markets.
Even banknotes used to play credit have begun to spread in Jiangnan!
The generational difference between these two economies is literally thousands of years. How can the fragile small-scale peasant economy withstand such a huge amount of currency?
If the floodgates are really opened and hundreds of millions of silver flows in, then ordinary people will find that the world has completely changed!
A courtyard house with a room of 500 taels will be sold for 1,000 taels. In the past, you could rent it for six to seven hundred cents a month, but now it costs one to two thousand cents!
Tea, silk, cloth, salt... these kinds of people's livelihood commodities that are naturally easy to speculate will be like a roller coaster, with prices going up to the sky and then falling to hell!
Not to mention the stock market, futures, and bond markets... Once such a huge amount of currency is charged, you can't suppress people's greed even if you kill a hundred Zhang Xiaowen!
The topic suddenly became pessimistic. People were silent and carefully chewing on the words of the head of state. After a long time, the old shopkeeper suddenly spoke.
"Then...then it won't cost any money! Let's lock up these war reparations and save them and spend them slowly!"
"No, it's useless!" Liu Henzhen frowned and replied, "The silver can be locked in the treasury, but the news has already been released!"
"Nowadays, many smart people in Jiangnan have gradually understood what the credit market is, and they have thoroughly studied the methods involved!"
"The compensation of 290 million taels of silver is already real, so it doesn't matter whether we lock it in a desert island vault or buy it into precious metals that are rare in the world!"
"It doesn't matter even if we buy all the warships and turn them into a navy! Because with this money, the market will have confidence!"
"With confidence, the dismantling market will be active...Those speculators will dare to act unscrupulously. They are not afraid of anything because they have confidence in their hearts!"
"They know that the head of state will definitely intervene financially in the end! Even if they poke a hole in the sky, won't there be a head of state who will come to the rescue in the end?"
"So, locking up the reparations is a very negative response and will not be of any use!"
What to do? Everyone present was at a loss. In this era when five million taels of silver can drive the real estate market in Forty-Nine City crazy, holding 300 million taels of silver in one hand is really a financial treasure. Nuclear bomb!
With a bang, Luo Huo punched the gunman, "Damn the Manchu Tartars! The Tongzhi Emperor has already signed a secret agreement with us, how dare these bitches hold us back!"
"If we can build railways, mines and factories on a large scale right now... even if we build the city wall of the fortress zone first! There will also be a pool to hold all this money!"
"No, the old guard of Guiziliu wants to come out to oppose... We are in a hurry. Let's lead troops to Sijiu City and force them to implement the treaty immediately!"
Xiao Hexin waved his hand, "It's easier said than done! The situation in the capital is not like in the past. Emperor Tongzhi has a secret agreement with us, but not with the British?"
"The complexity of diplomacy has been revealed, and there are too many people involved!"
People were talking a lot, but at this time Xiao Letian turned his attention to Xiang Ying. Ever since he spoke, the young navy man had been silent, and his eyes were still in a daze!
"Xiang Ying! Do you have any ideas? Speak boldly..." Xiao Letian asked.
After all, Xiang Ying has studied abroad, and his vision and perspective of analyzing problems are completely different from those of officials who grew up in traditional East Asia!
"I...I have an idea...but I don't know the current details of our Chinese race!"
"You tell me what you think first, and then I'll see if we, the Chinese, have what you want!"
"Yes! I think the core of all problems is still making money! France became a usurious imperialist country. In fact, it was not because they did not want to engage in industry, but because the conditions at the time did not allow it and there was no high-profit industry for them to do!"
"The British caught up with the historical miracle at that time and were the first to start the textile industry! The British textile industry was so profitable at that time!"
"Ship after ship of woolen textiles were dumped all over Europe and the colonies, in exchange for ship after ship of gold, silver and resources. They relied on this kind of dumping and plunder to accumulate huge national power!"
"When France and Prussia wanted to play in the textile industry again, they found that all the roads were blocked by the British. They had no way out. The period of huge profits was over!"
"This is the main reason why capital does not invest in industry but becomes a tool for speculators..."
"Then the answer lies here... The head of state has always said that technology is the primary productive force... So can we come up with one or two types that have high technological content and have little competition with foreigners..."
"The key is to create an industry with very high profits! Once this pilot is successful, it will attract countless people to invest... Who doesn't want to make a lot of money!"
"If you want these flying money to stop damaging the economic environment, you have to find a husband's family for them... But what is this husband's family? I don't know!"
Hahaha... Xiao Letian laughed loudly, "Silly boy! We have such a good wife... It's a pity that the Manchus detained her in Sijiu City!"
"Huang Liu! Doctor Huang!" The same name suddenly popped out of people's mouths!
"That's right, Lao Huang has a treasure in his hand! I think it's time to take it out and use it!"
