Under one operation, major powerful Jieku and Exchange shops reached an agreement to limit the number of people and quotas related to the private exchange of Jiaozi for iron money.
Each person has a daily quota for exchange. If the amount exceeds the amount, they will have to wait until tomorrow. The number of people is limited at the same time, with an upper limit of one hundred people.
Once the news was sent out, it immediately caused a chain reaction.
It is a coincidence that at this moment, the family members of the soldiers in the army came to exchange their iron money with their handouts. The Jieku and the exchange shop came out with this rule. When the family members came to the city to inquire about it, they suddenly panicked. Come and line up quickly.
But it's not just them who have to queue up, there are also other people who bought Jiaozi before when it was hot, and even the people in charge of some relatively small newly opened Jieku and Duibian shops.
Including small landowners outside the city, small merchants in the city, and even ordinary city residents who have considerable savings, they are the end of the drumming and passing flowers game.
This group of people suddenly learned that a group of veteran cashiers and exchange shops in the city had restricted the iron money exchange business. They immediately panicked and felt that it was a bad thing to have so many jiaozi in their hands. There may be changes in the stock market.
So they quickly sent their guys to line up to exchange the coins, trying to get all the iron money back as soon as possible.
One stone stirred up a thousand waves. Soldiers' families, city leeks, and new financial practitioners all came to line up to exchange iron money. As a result, the number of people queuing up greatly exceeded the number of veteran warehouse and exchange shop keepers. estimate.
They originally thought that Jiaozi was so popular some time ago, but now they wouldn't necessarily have many people queuing up.
Unexpectedly, the next day after the news was released, the queue was packed with people. One or two people in the queue were pushing and quarreling, trying to get a seat in front and exchanging their Jiaozi for iron money. .
There was a hustle and bustle outside the door. When the shopkeepers inside the door saw this trend, they secretly screamed, this Jiaozi might not be able to hold on anymore and would collapse.
Because of the many court affairs that devalued Jiaozi, the people of Shu distrusted Jiaozi far beyond their imagination.
Some experienced and senior shopkeepers have experienced the Jiaozi collapse more than once, and have also heard of the collapse of Huizi, a copper coin exchange company outside Sichuan and Sichuan. They are no strangers to these things.
Some experienced people have even concluded that a run is the beginning of a crash.
Once a run occurs, the collapse of banknotes will be unavoidable. Almost no court has the ability to stabilize the situation, and even the capable courts are unwilling to spend a large amount of court reserves to endorse Jiaozi and Huizi to maintain the value of banknotes.
There is no such thing as bailout. They will only abandon Jiaozi and Huizi. Some corrupt officials even take the lead in shorting Jiaozi and Huizi, making huge profits from it, sweeping away the people's savings for many years, and making a lot of money.
Then let your flood flood the sky.
It is for this reason that the people never believe in Jiaozi and Huizi.
However, due to the difficulty of physical currency transactions, they had to rely on the convenience of Jiaozi and Huizi. Otherwise, would they really have to use oxen or donkeys and mules to carry hundreds or thousands of kilograms of copper and iron coins to conduct large-scale transactions?
In fact, they have no choice, so they will always return to using Jiaozi and Huizi again.
Even so, when paper money collapses, no one will pity the contributions it has made.
A large number of Jiaozi holders lined up in long queues to compete for the meager exchange quota at the entrance of Jieku and Duibian shops. They quarreled and fought so much that the government had to send people out to maintain order.
The government officials also spent a lot of money to buy Jiaozi during the previous jiaozi craze. Seeing the situation, they also panicked. The Jieku and Duibian shops saw the government's anxiety, so they gave priority to exchanging iron money for the officials. Soothe their uneasiness and let them serve the Jieku and Duibian shops wholeheartedly.
Hello, I'm hello, everyone, isn't this?
The officials were happy, so they served the Jieku and Duibian shops wholeheartedly.
But in the process, new confusion emerged.
Some people took advantage of their connections with official officials to blatantly jump in line.
Some people use their official connections to directly open the back door.
There are also people who bribe officials on the spot and squeeze out their competitors.
The officials, who originally wanted to repay Jieku and Duibian Shop for relieving their worries, suddenly discovered that this was a good opportunity to make extra money, so they happily began to control the situation and make a small amount of extra money.
Only iron money is accepted, no handover is required, places are limited, first come first served!
Business geniuses belong to you.
If this is just the case, then the situation can still be maintained, and the internal fighting among Jiaozi holders can also divert some of the conflicts. This is a good thing, and Jiaozi will not collapse so quickly.
But within a few days, this situation could no longer be maintained.
A junior official in the Chengdu Ministry of Household Affairs was promoted after Jiang Fu took office, so he was a close associate of Jiang Fu and worked in the Banknote Printing Department.
During the entire Jiaozi craze, he saw many people actually making money without any risk, and he was very jealous. He felt that he should not miss this wave of market, so he privately told his family to buy a large amount of Jiaozi and exchange it for iron money. You can make a lot of money.
The family did as he asked, made a lot of money, and the whole family was very happy.
However, Xiaoguan only intends to stop after making a small sum, and warns his family not to indulge in it. Jiaozi will be finished sooner or later, and he can stop after making a small sum, otherwise he will be trapped and lose everything.
As a result, his family did not listen to him because of greed.
Seeing the popularity of Jiaozi growing, the family became jealous of other people making money, so they once again snapped up a large number of Jiaozi, then sold them, bought them again, and made a lot of money in the process.
After making money, the whole family lost their minds and became crazy. They only thought that Jiaozi would give them complete freedom of wealth and become rich forever. In the end, almost all the family's working capital was exchanged for Jiaozi, and many of their previous things were given away. Pawn money to buy Jiaozi.
They are ready to make a profit at the end of the game.
As a result, when the Jiaozi crisis began to emerge, a large sum of money was held in their hands and they could not get out.
The junior official had been working overtime at the household department, and he didn't know about it until the thunderstorm was about to happen. He was so shocked that he didn't bother to scold the stunned family members, and immediately tried to find a way to relieve the crisis in his family.
He privately found an acquaintance of the Dadu convenience store owner to discuss the matter, but the owner was unwilling to take over this large batch of Jiaozi at this time, even though he repeatedly begged and offered various discounts.
In desperation, he finally gritted his teeth and told the truth about the matter in exchange for enough iron money.
All this is a conspiracy of the imperial court and the conspiracy of the supreme ruler of the Song Dynasty.
Because he was short of money, he thought of this underhanded trick and tried to exchange for a large amount of iron money in this way.
Through several operations of buying and selling Jiaozi throughout the entire household department, in more than three months, the household department earned hundreds of thousands of guan of iron money for the Chengdu court. The court made a lot of money, and the treasury was no longer empty. Already have considerable savings.
But at the same time, all the iron money circulated among the people was looted. Except for the part taken away by the imperial court, the remaining part was made away by major warehouses and exchange shops.
There is almost no iron money circulating in the market, and Jiaozi is over.
The shopkeeper was stunned when he heard this.
"Doesn't the imperial court care about the impact that Jiaozi will have if it collapses? How many people will lose all their money and become completely bankrupt? Doesn't the imperial court care about it? In the past, it was just a devaluation, not a complete collapse, right?"
The junior officer shook his head, looking helpless.
"In fact, the imperial court never cared about whether Jiaozi collapsed from the beginning. It's just a piece of paper anyway. If you can make real money with paper, isn't it worth it?"
"But if this happens, the entire land of Sichuan and Sichuan may be in great turmoil! Now there is a war everywhere, and the imperial court..."
"The imperial court is out of money! Even for the military's meritorious service, they have to use Jiaozi to reward them. They really are out of money!"
The junior official suddenly couldn't hold himself any longer. He covered his face with his hands and howled miserably: "All the money has been stolen. The Shangguan officials I know are richer than any other. They all have great wealth but still cry for poverty in front of the official family. The official family has another It’s impossible to ask them for money!
He is not Su Yonglin! If he were Su Yonglin, would he be where he is today? When Su Yonglin killed corrupt officials, he really killed them. He killed tens of thousands of people. He killed officials in the Ming Dynasty who didn't even dare to commit corruption!
So the Ming Dynasty had a lot of money and an army of more than 600,000! We can support more than 600,000 troops, but what about us? There are only 40,000 troops fighting and there is already no money! "
