my wonderful zoo
Chapter 237 Money shortage
Chapter 237 Money shortage
First, the value of a copper coin is lower than the value of the copper contained in the copper wire. Someone melts the copper coin and sells the copper to earn the price difference.
Second, the military government initiated industrialization, increased social productivity, and flooded the market with a large number of industrial products, making money insufficient.To put it simply, products worth ten taels of silver were manufactured, but only five taels of silver coins were printed, or even less.
This in disguise causes a penny to become more valuable, which indirectly affects food prices, etc.
A chain of effects.
In later generations of economics, appropriate deficits (overprinting) are beneficial to economic development, but austerity is not.
The report also predicts that there is only a shortage of coins now. When the new law is implemented in the military government's current sphere of influence and industrialization continues to advance, silver coins will also become scarce, and the impact will be huge.
This report gave Chen Xun a very big warning.
Chen Xun knew that in the history of the previous life, in the middle of the [-]th century, in order to compete for silver wealth, the British imported a large number of pressed tablets into the Qing Dynasty. The Qing Dynasty's silver drained out in large quantities, which eventually led to a "silver shortage" crisis in the silver-standard Qing Dynasty. .
"The price of silver is getting higher and higher, and silver is becoming more difficult to obtain. Farmers feel miserable because of the meager money."
"Years of good harvests and low grain prices have hurt farmers. The income earned every year is not enough to cover the cost of work."
After the "silver shortage" crisis occurred, serious peasant exile problems prevailed in all states and counties across the country, causing dramatic social unrest.
The Qing Dynasty did not fail to think of ways to solve the problem. They tried methods such as minting large amounts of money and issuing banknotes. They tried to solve the problem through inflationary policies, but they were unsuccessful. They also seriously worsened the "silver shortage" crisis and further deepened the economic and social crisis. .
Many experts and scholars in later generations believed that it was the "silver shortage" that ultimately led to the demise of the Qing Dynasty.
Chen Xun vaguely remembered that in the previous life, the Southern Song Dynasty had just established its country and had a "copper coin" war with the Kingdom of Jin.This shows that the current money shortage may not be caused by the military government, but that this hidden danger has been hidden in society, but now it has been detonated by the military government's industrial products.
To solve the problem of money shortage, it is not simply printing money.
Banknotes are credit currencies, which are completely different from copper-, silver-, and gold-standard metal currencies. The most important thing about banknotes is the credibility of the entity that issues them among the people.
The military government does not have much credibility in the Hebei region. If it issues banknotes blindly and does not have complete product sales channels to recycle the banknotes, it will be just a piece of waste paper.
Financial system…!The military government has not paid much attention to it, and it is all taken care of by the Financial Secretary.
Now it seems that it has to be taken seriously.
"The solution he proposed was to increase the mining of copper mines, cast a large amount of money, or directly cast iron coins." Chen Xun looked at the final response strategy in the report and shook his head helplessly.
"I think this method is very good." Jia Tao looked confused. As a senior executive of the intelligence department, many of the data in the Financial Secretary's report were collected by the intelligence department, so he knew what Chen Xun was talking about.
"Copper mines are always limited. Even if they are barely enough for use, more and more places will need money in the future, and social wealth will explode. Doesn't everyone have to carry dozens of kilograms of money when they go out?" Chen Xun retorted.
Neither the Financial Secretary nor Jia Tao mentioned Yin Jiaozi to solve the problem, because the Jiaozi currently on the market are all issued by banks and have large denominations, which cannot solve the problem of small-amount currency shortages.
"I have to go back to Guangzhou. This problem must be solved as soon as possible." Chen Xun decided to put down the report in his hand.
"It seems you have an idea. I'll arrange a boat for you." Jia Tao stood up and was about to execute it.
"Wait a minute, taking a boat from Yexian to the south has to go around the entire Shandong Peninsula. It's too slow. I'll ride to Jiaoxi first, and then take the boat." Chen Xun stopped Jia Tao and asked him to arrange a boat near Jiaoxi to go there. Jiaozhou Bay is waiting. "OK."
Without any further delay, Chen Xun went back to his residence to tidy up the unfinished documents and sent the unfinished official documents back to Guangzhou. After saying goodbye to the reluctant Chen Qin, he went directly south to Jiaozhou Bay accompanied by the guards of the capital city.
Jiaozhou Bay is the city of Qingdao in later generations. It is located in the southeast of the Shandong Peninsula. The straight-line distance from Ye County is less than [-] miles. However, because the road is full of hills and mountains, and the official roads go around it, the total distance reaches [-] miles.
But it’s much closer than traveling by sea or land.
Everyone basically didn't stop along the way. When the horses were tired, they changed horses, and when the people were tired, they were tied to the horses.
From morning to night, except for stopping to defecate and urinate, everyone eats and drinks on the horse. In the end, the entire bodyguard of 100 people, not one of them was left behind, and they all arrived at Jiaozhou Bay before dark.
Travel four hundred miles a day! !
"Commander, this is really amazing. If all the soldiers of our Chen family army can reach this level, who else in the world can become our opponent?" Chen Zhuang sighed.
"Stop talking, this is impossible." Chen Xun added in his heart that before mechanization, this was impossible: "Move your hands and feet, let's get on the boat quickly. When we get on the boat, we yell to have a good rest." .”
This forced march was a test for Chen Xun, testing the Chen family's army's maximum daily advancement speed with his help in marching.
Now looking at the result of four hundred miles, it is still very satisfactory.
Jiaozhou Bay is more than 20 miles away from Guangzhou by sea, and it usually takes more than a month to sail by boat.Chen Xun was in a hurry. Several ships going south were equipped with an extra set of manpower, working day and night. Except for docking to replenish fresh water and fresh food, the fleet did not stop for a quarter of an hour, and finally arrived in Guangzhou [-] days later.
The number "nine" is a yang number in the "Book of Changes", and the two yang numbers of "nine and nine" are the same, so it is called "Chongyang".
Because both the sun and the moon coincide with the ninth day, it is also called "Double Nine".
Jiujiu returns to his true nature and the One Yuan begins, so the ancients believed that the Double Ninth Festival was an auspicious day.
In today's era, Double Ninth Festival is considered a very important festival.
Climbing high places to pray for blessings, enjoying chrysanthemums on autumn outings, planting dogwood trees, worshiping gods and ancestors, and drinking banquets to pray for longevity. The most important thing is to respect the elderly.
During the Double Ninth Festival, Chen Xun was still in the mountains of Ye County. Today, he returned to Chenjiazhuang on October [-]th. In order to make up for his shortcomings in filial piety, Chen Xun first went to the east courtyard to visit his parents and accompany them to eat. After a meal, we have fulfilled our filial piety.
"You child, I just sent Chen Qin to you, why did you suddenly come back?" Mother Qin Fang was a little bit annoyed: "You said that none of your brothers can worry about it. You don't want to do this?" You're old and you don't have a family, so you can follow your brother's lead and stay in the institute all day without getting out."
As he spoke, Qin Fang burst into tears.
"Da Lang finally came back once, look how decent you are!" his father Chen Yi scolded from the side.
Now, Chen Yi has completely understood the formality and will no longer cause trouble to Chen Xun. He can be his own rich man with peace of mind and live a comfortable life.
(End of this chapter)
First, the value of a copper coin is lower than the value of the copper contained in the copper wire. Someone melts the copper coin and sells the copper to earn the price difference.
Second, the military government initiated industrialization, increased social productivity, and flooded the market with a large number of industrial products, making money insufficient.To put it simply, products worth ten taels of silver were manufactured, but only five taels of silver coins were printed, or even less.
This in disguise causes a penny to become more valuable, which indirectly affects food prices, etc.
A chain of effects.
In later generations of economics, appropriate deficits (overprinting) are beneficial to economic development, but austerity is not.
The report also predicts that there is only a shortage of coins now. When the new law is implemented in the military government's current sphere of influence and industrialization continues to advance, silver coins will also become scarce, and the impact will be huge.
This report gave Chen Xun a very big warning.
Chen Xun knew that in the history of the previous life, in the middle of the [-]th century, in order to compete for silver wealth, the British imported a large number of pressed tablets into the Qing Dynasty. The Qing Dynasty's silver drained out in large quantities, which eventually led to a "silver shortage" crisis in the silver-standard Qing Dynasty. .
"The price of silver is getting higher and higher, and silver is becoming more difficult to obtain. Farmers feel miserable because of the meager money."
"Years of good harvests and low grain prices have hurt farmers. The income earned every year is not enough to cover the cost of work."
After the "silver shortage" crisis occurred, serious peasant exile problems prevailed in all states and counties across the country, causing dramatic social unrest.
The Qing Dynasty did not fail to think of ways to solve the problem. They tried methods such as minting large amounts of money and issuing banknotes. They tried to solve the problem through inflationary policies, but they were unsuccessful. They also seriously worsened the "silver shortage" crisis and further deepened the economic and social crisis. .
Many experts and scholars in later generations believed that it was the "silver shortage" that ultimately led to the demise of the Qing Dynasty.
Chen Xun vaguely remembered that in the previous life, the Southern Song Dynasty had just established its country and had a "copper coin" war with the Kingdom of Jin.This shows that the current money shortage may not be caused by the military government, but that this hidden danger has been hidden in society, but now it has been detonated by the military government's industrial products.
To solve the problem of money shortage, it is not simply printing money.
Banknotes are credit currencies, which are completely different from copper-, silver-, and gold-standard metal currencies. The most important thing about banknotes is the credibility of the entity that issues them among the people.
The military government does not have much credibility in the Hebei region. If it issues banknotes blindly and does not have complete product sales channels to recycle the banknotes, it will be just a piece of waste paper.
Financial system…!The military government has not paid much attention to it, and it is all taken care of by the Financial Secretary.
Now it seems that it has to be taken seriously.
"The solution he proposed was to increase the mining of copper mines, cast a large amount of money, or directly cast iron coins." Chen Xun looked at the final response strategy in the report and shook his head helplessly.
"I think this method is very good." Jia Tao looked confused. As a senior executive of the intelligence department, many of the data in the Financial Secretary's report were collected by the intelligence department, so he knew what Chen Xun was talking about.
"Copper mines are always limited. Even if they are barely enough for use, more and more places will need money in the future, and social wealth will explode. Doesn't everyone have to carry dozens of kilograms of money when they go out?" Chen Xun retorted.
Neither the Financial Secretary nor Jia Tao mentioned Yin Jiaozi to solve the problem, because the Jiaozi currently on the market are all issued by banks and have large denominations, which cannot solve the problem of small-amount currency shortages.
"I have to go back to Guangzhou. This problem must be solved as soon as possible." Chen Xun decided to put down the report in his hand.
"It seems you have an idea. I'll arrange a boat for you." Jia Tao stood up and was about to execute it.
"Wait a minute, taking a boat from Yexian to the south has to go around the entire Shandong Peninsula. It's too slow. I'll ride to Jiaoxi first, and then take the boat." Chen Xun stopped Jia Tao and asked him to arrange a boat near Jiaoxi to go there. Jiaozhou Bay is waiting. "OK."
Without any further delay, Chen Xun went back to his residence to tidy up the unfinished documents and sent the unfinished official documents back to Guangzhou. After saying goodbye to the reluctant Chen Qin, he went directly south to Jiaozhou Bay accompanied by the guards of the capital city.
Jiaozhou Bay is the city of Qingdao in later generations. It is located in the southeast of the Shandong Peninsula. The straight-line distance from Ye County is less than [-] miles. However, because the road is full of hills and mountains, and the official roads go around it, the total distance reaches [-] miles.
But it’s much closer than traveling by sea or land.
Everyone basically didn't stop along the way. When the horses were tired, they changed horses, and when the people were tired, they were tied to the horses.
From morning to night, except for stopping to defecate and urinate, everyone eats and drinks on the horse. In the end, the entire bodyguard of 100 people, not one of them was left behind, and they all arrived at Jiaozhou Bay before dark.
Travel four hundred miles a day! !
"Commander, this is really amazing. If all the soldiers of our Chen family army can reach this level, who else in the world can become our opponent?" Chen Zhuang sighed.
"Stop talking, this is impossible." Chen Xun added in his heart that before mechanization, this was impossible: "Move your hands and feet, let's get on the boat quickly. When we get on the boat, we yell to have a good rest." .”
This forced march was a test for Chen Xun, testing the Chen family's army's maximum daily advancement speed with his help in marching.
Now looking at the result of four hundred miles, it is still very satisfactory.
Jiaozhou Bay is more than 20 miles away from Guangzhou by sea, and it usually takes more than a month to sail by boat.Chen Xun was in a hurry. Several ships going south were equipped with an extra set of manpower, working day and night. Except for docking to replenish fresh water and fresh food, the fleet did not stop for a quarter of an hour, and finally arrived in Guangzhou [-] days later.
The number "nine" is a yang number in the "Book of Changes", and the two yang numbers of "nine and nine" are the same, so it is called "Chongyang".
Because both the sun and the moon coincide with the ninth day, it is also called "Double Nine".
Jiujiu returns to his true nature and the One Yuan begins, so the ancients believed that the Double Ninth Festival was an auspicious day.
In today's era, Double Ninth Festival is considered a very important festival.
Climbing high places to pray for blessings, enjoying chrysanthemums on autumn outings, planting dogwood trees, worshiping gods and ancestors, and drinking banquets to pray for longevity. The most important thing is to respect the elderly.
During the Double Ninth Festival, Chen Xun was still in the mountains of Ye County. Today, he returned to Chenjiazhuang on October [-]th. In order to make up for his shortcomings in filial piety, Chen Xun first went to the east courtyard to visit his parents and accompany them to eat. After a meal, we have fulfilled our filial piety.
"You child, I just sent Chen Qin to you, why did you suddenly come back?" Mother Qin Fang was a little bit annoyed: "You said that none of your brothers can worry about it. You don't want to do this?" You're old and you don't have a family, so you can follow your brother's lead and stay in the institute all day without getting out."
As he spoke, Qin Fang burst into tears.
"Da Lang finally came back once, look how decent you are!" his father Chen Yi scolded from the side.
Now, Chen Yi has completely understood the formality and will no longer cause trouble to Chen Xun. He can be his own rich man with peace of mind and live a comfortable life.
(End of this chapter)
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