Chapter 111 Financial Scientist Xu San

Style: Historical Author: Swallow Sparrow MKIIWords: 2304Update Time: 24/02/20 15:00:57
Nakata touched the military coupons in his pocket and didn't understand why Xu San would return the money he lost to him.

But it is always a good thing to get money back. Although the money lost is not much, it is still hard-earned money, and it is quite heartbreaking to lose it.

During this period, the Japanese military pay was very low. One month's salary plus allowances for ordinary soldiers could not buy a chicken in Tokyo. As for Nakata and Fujima, who have higher military ranks and special skills, they can probably buy one with their monthly military salary.

But it's different when it comes to military coupons. You can buy two of them, but whether they can redeem them after returning home is another matter.

"Just having fun and passing the time, it doesn't matter whether you win or lose." Xu San said, showing a nonchalant look.

"No, I'm willing to admit defeat! If you lose, you lose! We imperial soldiers still have gambling products!" Nakata took out the military ticket Xu San stuffed in from his pocket and gave it back to Xu San.

Oops, the little devil is quite cool, but Xu San has no intention of using this small amount of money to bribe him. The two devils in front of him have no important positions or prominent backgrounds, so their utilization rate is limited.

But then I thought about it, although they are small people, if they are put to good use, they may become a spark. After thinking about the words, "I guess the military pay for the two of them is military coupons."

The two Japanese soldiers nodded. When fighting in a foreign country, they were initially issued with Japanese yen, but later they were replaced by these military notes.

Although military notes have a small circulation range, their purchasing power is higher than that of the Japanese yen, so gradually, the Japanese soldiers gradually accepted this new currency.

In fact, Xu San's puppet army also issued such things at first, but then, I don't know which day, it suddenly changed back to legal currency or ocean.

In this regard, Xu San still admired the officer in charge of finance in the brigade. Although he was a traitor, he could at least see the Japanese conspiracy.

Xu San picked up a military receipt again, "Actually, this thing is not money. In a few years, it will be almost like waste paper."

"Baga, you actually made money to insult our empire!" Nakata heard this and was very angry and couldn't help but get angry.

"Imperial money? Does he have the endorsement of the Imperial Bank? I'm afraid I won't even be able to buy a bowl of ramen with him when I return to China." Xu San shook the military receipt in his hand and said seriously.

Nakata, who became more and more unhappy as he listened, roared again: "Baga, what nonsense are you talking about? I want to duel with you!"

duel?

It seems like I can’t beat him!

Oops, this is a bad rhythm, what should I do?

Waiting online.

"Pa!" Nakata was slapped in the mouth by Fujima, "Nakata-kun, calm down. It's been a long time since we returned to the country. Do you understand the situation in the country? Besides, what Xu Sanjun said makes sense. You need to listen to what he has to say first."

"Go back home?"

Hearing this word, the anger in Nakata's eyes dissipated a little, but the look he looked at Xu San was still unkind.

After appeasing Nakata, Fujima walked up to Xu San and said, "Xu Sanjun, please explain to us in detail, please!" After speaking, he bowed.

It was so dangerous. Xu San felt that he was a little drifting after he defeated Yamamoto.

Not all devils have the deepest forts to listen to his deceptions.

Be careful in the future, Xu San warned himself secretly.

"Ahem" Xu San coughed, cleared his throat, recalled the university courses, and refined his language, "First of all, take a look at the difference between French currency, ocean currency, and your military notes."

As he spoke, Xu San took out three currencies from his pocket and pointed out the key points to them.

"See? It's not the banks that issue military notes, it's the imperial government."

“Baga, isn’t the money given by the government money?”

"Nakata-kun, you have to recognize one problem. The government is not a bank. It has no right to issue currency!"

Nakata still glared at Xu San, and still wanted to come up and beat him up. Fortunately, he didn't have a knife, otherwise he would have drawn his knife by this time.

But Fujima seemed to have heard some clues, "Please Xu Sanjun, please continue." After speaking, he comforted Nakata.

"I'm not insulting the Imperial Government. He can order the Imperial Bank to issue currency, but he cannot issue currency himself. This is the rule! If he issues currency himself, it will not be recognized by other banks. Although this note can be used in Ping An City It can be used around, but it won’t be easy to use when you get it to Yan’an, but the Japanese yen can.”

After listening to Xu San's words, Zhongtian understood something, but he was still arguing: "Yan'an is the territory of the Eighth Route Army, so of course it's not easy to use!"

"Okay, let me explain in detail. The following content may be a bit complicated!" Xu San continued.

"Please explain in detail. Nakata-kun and I both graduated from junior high school. Please Xu Sanjun, please don't worry about whether we can understand. Please speak freely."

Junior high school, that is, junior high school. Unexpectedly, these two devils were highly educated.

"Okay, let me tell you. The translation of some words may be different from your understanding. If you encounter this situation, please ask questions in time." Xu San's face straightened, and he put away his lazy puppet attitude. He changed into a show-off style learned from a great Confucian scholar.

"Hi!" Teng Zhen bowed slightly.

"First of all, let's talk about paper currency. Its essence is a kind of liability. For example, the legal currency in my hand is equivalent to an IOU. The issuing bank promises that you can use this paper to exchange for something worth one legal currency. This is the origin of paper money. .”

After a set of words, the two Japanese soldiers turned into primary school students, quietly listening to Xu San's lecture.

Then Xu San took another ocean in his hand: "As for this exchangeable item, there is an academic term called the anchor of banknotes. Different countries and different eras have different anchors, which generally correspond to physical currencies. China's In ancient times, it was silver, which was measured in taels. At that time, there were also banknotes, called silver notes.”

This passage was relatively professional. After listening to this, the two Japs fell into deep thought. Then, Xu San explained the definition of "anchor", and the two Japs nodded, indicating that they understood.

"Let's talk about foreign countries again. Let's take Europe as an example. The countries there are very powerful. They are gold-based, called the gold standard. They issue their own banknotes based on gold reserves and promise that they can be exchanged for gold at banks. If they are all anchored to gold, there will be a unified By measuring the standard, the exchange rate can be fixed. This can reduce the instability caused by exchange rate changes and is conducive to trade."

Having said this, Nakata also put away his irritable heart and began to teach Teacher Xu San seriously.

Although he graduated from junior high school, he still had no access to this kind of professional financial knowledge.

Xu San scratched his bald head and drew circles on the top of his head.

Grid machine, grid machine, grid machine, grid machine, grid machine....

We all love you, Brother Ikkyu.

Xu San then talked about politics and economics, and then changed the topic: "Now that I have said the previous words, let's talk about the main thing. There is no anchor for military receipts, which means that the imperial government can print as many as it wants. As more and more tickets flow into the market, it will cause inflation, which is commonly known as price increases. I think you two have already felt that what we can buy for one dollar this year is far less than last year. That’s it. When the number reaches a certain level, it will collapse. To use an analogy, it’s like a soap bubble.”

Xu San stretched out his fist as he spoke, then suddenly opened it, "Pop!"

Then he took out Dayang again, "Do you know that this thing has been abolished, but it is still in circulation? And its purchasing power has hardly changed?"