"Send someone to investigate and catch these people who are spreading fake money!"
After Yang Sheng took a few deep breaths, he finally calmed down a little. No matter how panicked they were at this time, things would not change because of their panic. They still had to respond quickly.
At this moment, he still felt a bit lucky in his heart, hoping that these people were just messing around and trying to make a little money.
But if he had heard of the famous Murphy's Law in later generations, he would no longer have such unrealistic fantasies at this time.
It may not be accurate that blessings never come singly, but it is certain that misfortune never comes alone!
Everything in this world is full of connections. After one link is broken, the second link will definitely break.
So disasters are always snowballing.
Even natural disasters are difficult to prevent, let alone man-made disasters.
Just as they were discussing how to deal with it, a notice was quietly posted at the door of Jinxiu Bank...
"Your Majesty, it's bad! A notice has just been posted at the entrance of Jinxiu Bank. From now on, they will not accept Wu Guo's small money! Now the people in Guangling City are panicked. Merchants all over the city have begun to crowd to the entrance of Guangling Bank, asking for money from their hands. The small coins of the State of Wu were exchanged for gold and silver!”
Just now he was feeling proud, but now, Liu Bi felt like he had been hit in the head.
"Why are you panicking? We have plenty of money now. We can exchange it for them as much as they want. I don't believe they can turn the world upside down!"
Liu Bi stood up angrily and yelled.
It's just that he still doesn't understand the rules and confidence of the bank's operation. Although this thing is usually invisible and intangible, once it collapses, it will definitely be a disaster for a business like the bank.
Although everyone knows that there are now five more big bosses behind Wu Guo's Guangling Bank.
But they couldn't stand the crowd of people in the street, who lined up at the entrance of Qianzhuang, waiting to exchange copper coins.
Guangling Bank is indeed supported by six princes, but Jinxiu Bank is also supported by a prince. That king has already begun not to accept Wu's small money. Does that mean that Wu's small money will soon depreciate crazily... …
The imperial court's five-baht coin was suppressed, which directly affected the hearts of all the people. Not only the common people were worried about the few copper coins in their pockets, but also the big businessmen of Wu State were all frightened.
Now, the turmoil of the five-baht coin has not yet passed, and something has happened to Wu Guo's small money. How can they not be afraid of this?
What happened one after another was really frightening, and almost all the big businessmen began to clean up the copper coins in their hands.
Seeing those big businessmen rushing forward one by one to pull out copper coins, of course the people in the city followed suit!
Although they don't have much copper money in their hands, they can't support their large population base.
What's more important is people's herd mentality. Seeing others start to line up crazily, the remaining people, even those who were confident in their hearts, are now beginning to lose their confidence.
In less than two hours, less than 10% of the gold and silver in Guangling Bank's huge underground vault was left.
As the center of all the storms, although the front door of Jinxiu Bank was crowded with people, their expressions were much more relaxed than those at Guangling Bank.
Many people have even discovered a way to make money, exchanging the small Wu coins in their hands for gold and silver, and then exchanging the gold and silver for the court's five-baht coins.
If you come to Jinxiu Bank and exchange the five baht into gold and silver again, you can actually make a 10% profit in one sentence!
I don’t know who discovered this bug first, but in just a few hours, there was already a long queue in front of Jinxiu Bank!
"Girl, we can't last long if this goes on. We have too little gold and silver in our hands! At this rate, I'm afraid we will have to close our doors in three days at most!"
In the backyard of Jinxiu Bank, the old shopkeeper looked at Zhao Wengu with worry.
Zhao Wengu, on the other hand, looked like an old god was present, and was not worried at all that this matter would be out of control in the end.
"Don't worry, I think they will be unable to hold on before us soon!"
Zhao Wengu said casually while typing up the chess records.
"My chief shopkeeper! This is the Kingdom of Wu! King Wu is the richest in the world, how could he not be able to hold on anymore?"
The old shopkeeper looked distressed. At Guangling Farm, the exchange rate of silver for five baht was one thousand and four.
On their side, Zhao Wengu directly settled on one to one thousand two hundred and five.
Don't look at the price difference of 150 yuan, but even after deducting the handling fees on both sides, there is still a 10% profit in the end.
The two banks were less than two streets apart, and a carriage could earn 10% of the profit just once.
Where can I find such good things?
"Don't worry, this is what the king himself said. There is absolutely no way it is wrong! I think King Wu will soon be unable to hold on anymore, because the news will spread all over the world very quickly. By then, they want to maintain this ratio If they do, they will have to bear the consequences of losing a lot of copper coins in their hands!"
This is simply a conspiracy!
They knew that Guangling Bank was now facing difficulties, and they knew that they had no way to fight back, so they were forced to raise the value of the five-baht coin!
Everyone was going crazy now and began to circle back and forth between the two banks.
The direct consequence of this was that a large amount of the court's five-baht money flowed into Liu Deng's hands.
Although they spent a large amount of gold and silver, according to normal times in previous years, the ratio of the court's silver to five bahts was one to one thousand.
Overall, they still make money!
Of course, all of this is based on the currency value five weeks ago, which can return to its original price.
Will the credit worth five baht depreciate?
Maybe Liu Bi is not sure yet, but Liu Deng is very sure that the price of five baht will definitely return to its original price, and it will only be higher.
It's not because of anything else, it's just because the imperial court's casting ability is limited, and the current society is still an environment dominated by small farmers, and the circulation speed of copper coins is slow.
This will directly lead to money shortage. In the absence of external interference, the market will automatically adjust the ratio.
Now one tael of silver can be exchanged for 1,250 five-baht coins. When the money shortage occurs, one tael of silver may only be exchanged for 800 or 900 five-baht coins!
Isn’t this all Liu Deng’s profit?