eastern european eagle

Chapter 185 After the madness, the price is heavy

Peter stayed in Thessaloniki for half a month, and he transferred some money from Sofia to support local investment.

"Your Highness, a total of one hundred thousand lei is here."

Peter looked at these cash boxes, because Wallachia used more silver coins, so most of them were silver coins.

Peter opened a box casually, and the white flowers inside almost blinded him.This is the result of the development of the Chamber of Commerce, but why does he look so familiar with some silver coins?

He picked up one, which looked like the others in appearance.Even more refined, but he was still worried.So he split the silver coin, looked at the ingredients inside, and then burned it with fire, and the result almost made his brain shut down.

Not a speck of silver in it, just tin and lead, with a little bit of copper.Isn't this the counterfeit money he ordered?
Cao, overplayed it.

Why didn't he set an upper limit? Now it's all right, maybe he got burned.

"Is there a lot of trade with Hungary recently?"

"Your Highness, that's too much. Those Hungarian merchants are robbing like crazy. Once the goods arrive, they are all gone."

Well, he understood that Hungary sold too many goods, which led to a major exchange of currency without knowing it.So much so that the trade with Hungary is all counterfeit currency. Is this okay? This is not good.

"By the way, how long have we been buying Hungarian goods in large quantities?"

"About nine months."

For nine months, Hungarian farmers missed the best opportunity to grow food. Although they still want to continue, but if the time is not enough, something will happen, and Wallachia may suffer, so they stopped the loss in advance.

"Tell the chambers of commerce that after a week, no high prices will be purchased for Hungarian products, and the production ban in Wallachia will be lifted, and the exported grain will return to its original price."

Although they don't know why the adults made a policy change, they know that they finally don't have to look at the faces of the Hungarians. They don't know how they survived the past few months. Dealing with the Hungarians is really torture.

At the same time, Peter also ordered the counterfeit currency factory to suspend production, so that it could no longer be used, and Wallachia might be flooded with counterfeit currency.

Since Peter's order was urgent, it spread quickly.The Wallachia Chamber of Commerce in Transylvania took the lead in refusing the transportation of Hungarian goods. The Grand Duke of Wallachia and the Grand Duchess of Transylvania ordered to increase the production of products and refused the transportation and purchase of Hungarian goods.

From heaven to hell, only half a month has passed.Hungarian nobles, lords, merchants, and farmers were horrified to find that Wallachia stopped taking their goods, and at the same time, the price of grain increased a lot, which was not something farmers could afford.

The nobles did not panic because they made a lot of money; the big businessmen did not panic because their assets could survive this crisis; the real panic was those small nobles, small landlords, small merchants, farmers, and handicraftsmen.All their property has been invested in this trade. They thought that their wealth would skyrocket, but they lost everything.

During the week when it was announced that it would no longer import, the prices of Hungarian products dropped again and again, and no one even asked for free delivery.A large number of merchants and craftsmen went bankrupt, and small landlords and nobles were forced to sell their land and became poor and beggars.And the price of grain has gone crazy, and the big nobles have planted grain again. After repeated tossing, Hungary's economy has become more chaotic.

Sigismund did not expect that Wallachia would play such a trick. The original domestic momentum was interrupted. Although he made a lot of money, Hungary's national strength was also weakened, and he had to go back to solve these things.

The commercial war, which lasted for nearly a year, came to an end. The agriculture that Hungary relied on for survival was hit hard, and a large number of low-level ethnic groups went bankrupt and became refugees. Grand Dukes Mary and Mircea took advantage of this to attract them with generous terms.In this way, Hungary, Wallachia and Transylvania achieved a win-win situation (Hungarian nobles and Wallachia).

As for the counterfeit money, Peter took all measures to prevent the inflow.He prevented some Wallachian merchants from trading with Hungary and raised tariffs on some goods.But there is no need to worry about this kind of thing, because Shinra and Venice have taken action.

The states in the territory of Shenluo, Bosnia, Serbia and Venice saw the shortage of Hungarian goods, so they took advantage of this to make a fortune.They use the goods they produce to earn several times the profits. They still don't know that almost all counterfeit currency in Hungary, so those counterfeit currency circulates in other countries.

In any case, Wallachia used this to weaken Hungary, attract a large number of people, and cause internal instability in Hungary. Sigismund had to deal with it with all his strength.

Of course, Wallachia has also been affected. Some domestic businessmen who traded more with Hungary suffered a lot. Peter gave them a new opportunity to go to Crimea or Anatolia, where they could Comeback.

Of course, Ragusa, a subsidiary state of Wallachia, also suffered heavy losses. Thanks to the prosperous economy of Hungary, many businessmen in Ragusa joined this feast. Many businessmen went bankrupt and hoarded goods. They made a fortune, but before they sold it, the Hungarian economy was over, and their assets were also over.

There are only more than 2 people in Ragusa, and one tenth of them went bankrupt at once.Ragusa's foreign trade was severely hit, and Wallachia had to be sought for help. A large number of Wallachia merchants and chambers of commerce entered Ragusa and penetrated into every aspect of the city.No matter how much the city council stops it, it won't help, the size is here.

The Wallachia leu became the only currency in the Balkan continent. Under force, Serbia was forced to abandon its original currency and adopt the leu as its national currency.At the same time, letters between the Serbian monarch and the Ottoman sultan were intercepted, and the land of Wallachia and his allegiance to Ottoman were exchanged for Ottoman's troops. They realized that Wallachia was a more dangerous country than Ottoman.

Brankovich actively contacted Hungary, Ottomans, Poland, Bosnia, and Venice in an attempt to create an anti-Walachian alliance, but Christian countries could not tolerate pagan alliances, Poland had no interest in Wallachia, and Hungary was busy with the special Transylvania fought, and the alliance failed. In response, the Wallachian navy set out from Belgrade and entered Serbian territory, plundering countless supplies.

As for Bosnia, Wallachia has no desire to deal with him for the time being, at least until it annexes the border with Serbia.In addition, Bosnia is located in a mountainous area, so the difficulty will naturally increase, so it needs to be well planned.

(End of this chapter)