I, Zhu Houzhao, join the US imperialist chat group

Chapter 135 Cleveland teaches currency speculation step by step! Lincoln's help! The chat is about to end!
"The causes of the economic crisis..."

"The reason Cleveland mentioned twice was because banks stopped cashing people's money."

"Development is that banks will close down...factories will close down and people will lose their jobs..."

"The consequence is that Jackson can no longer be president."

"And, triggering a civil war."

"The solution was to discover gold, build railroads, and win the civil war..."

Among the imperial mausoleums, Cleveland provides a relatively complete description of the two economic crises.

Zhu Houzhao also had a concrete picture of a complete economic crisis in his mind.

Especially combined with what is happening in Jinling now, Zhu Houzhao has a deeper understanding of this scene.

"The benefits are..."

"I can be like the family and consortium behind America, taking advantage of the chaos caused by the economic crisis to take over banks like Jinling and some bankrupt banks..."

"Further financial power."

Zhu Houzhao, who had a practical basis, could even understand the situation described by Cleveland of the theft of financial power in the United States even better than Jackson because of his practical foundation.

Because, in this economic crisis in Jinling, he has already tasted the benefits of a third party.

Under the leadership of interim vice president Huang Bao, Zhu Houzhao and the first president of the Ming Dynasty, Zhu Youyi, gained great popularity by upholding justice for democracy.

Likewise, they also successfully established the First Bank of Ming Dynasty.

The shopkeeper, the clerk, and even the silver in the bank are not his, but that does not mean that Zhu Houzhao can make him his own.

Because the current people in Jinling obviously only believe in Zhu Houzhao.

Unintentionally, he has gained huge benefits through this crisis.

The cause of the matter was that he only gave an order, which inadvertently caused a turmoil similar to that of a war.

If this thing, this tool, were in the hands of other businessmen!

Absolutely not!

Now that I have felt the taste of financial power, how can I let it go so easily.

Outside of Jinling, there are so many banks, but it is obvious that they are not under supervision now.

Once the news about Jinling spreads, Zhu Houzhao has no doubt that there are smart people who are knowledgeable.

Therefore, this kind of financial power must not be leaked to the outside world. We must rely on institutions like Jinyiwei to keep a firm eye on these banks.

correct!

In the past, wealthy people could open these banks whenever they wanted.

Now that it's so important, obviously we can't let them do it as they please.

They must also be supervised and monitored at all times to ensure that they have enough money to exchange for the people!

In a short period of time, Zhu Houzhao already had a clear and complete prototype of the Ming Dynasty Federal Reserve in his mind.

And the reason why he understood so thoroughly this time was because of his small willful practice.

Only through practice and theoretical guidance in the group can Zhu Houzhao be revealed.

This intangible gain made Zhu Houzhao very happy, and he even felt that... he would not talk about things he didn't understand in the group in the future.

He can practice it in Daming first, and then combine it with practical cases to integrate it.

In Zhu Houzhao's mind, a methodology for handling affairs was vaguely formed.

All of this is a subtle influence in the group, and he is quietly undergoing a transformation that he has never noticed.

in the group.

After Cleveland talked about the two economic crises, he was silent for exactly two minutes.

Obviously, everyone is absorbing and understanding it all.

[Zhou Xuandi Yu Wenyun: By the way, Cleveland, when you talked about deflation before, you said that the silver or gold in your hands was not enough. You could use the royal credit as a guarantee, issue additional banknotes... and acquire those assets? What's going on with this additional issuance of banknotes? How to operate? What are banknotes? 】

[After seeing your terrible financial crisis, I feel that it is necessary to master this kind of financial power... But now I have not obtained the gold on the treasure map, and I have no money. What is paper money? Is it also a kind of money? 】

Zhu Houzhao suddenly thought that besides the economic crisis in Jinling, he was still secretly printing treasure notes to make money.

This situation should also be an issue of financial power. He had already understood it and discussed it all here. Zhu Houzhao also felt that it was necessary to strike while the iron was hot and ask about the issuance of treasure banknotes.

So he broke the silence in the group.

[American Yingzong Cleveland: Paper money? Your Majesty Yuwen, why are you interested in banknotes? Do you understand what I said before? Do you want to follow the example of our consortiums in taking back financial power? I feel like it's not necessary on your side. Do you... have the foundation to issue banknotes? There won’t be an economic crisis over there, right?]

Cleveland had some doubts. His Majesty Yuwen could not really understand what he said.

He even asked such a high-level question.

[Emperor Xuan of Zhou Dynasty Yuwen Yun: Is it difficult to understand? I feel like you have made it clear... Aren't the two crises you described caused by the problem of lack of money you mentioned? On our side, this kind of thing seems to have happened in the past. If you combine it, you can understand it. 】

Don't expose yourself, Zhu Houzhao cheered up.

[American Yingzong Cleveland: Well, you have really made rapid progress, which makes me feel a sense of accomplishment. 】

[Since everyone is still thinking about it, let me tell you about paper money... Paper money is the use of paper. By the way, did you have paper in your era? I said paper, do you understand? 】

Cleveland did not doubt it, but felt that he had a good student, which once again aroused his interest in teaching.

[Emperor Xuan of Zhou Dynasty Yuwen Yun: We have already had paper here. Cai Lun improved papermaking hundreds of years ago, and then through the development of the Wei and Jin Dynasties, cheaper yellow paper became available. The paper you are talking about is this paper. Bar? 】

Zhu Houzhao had been prepared for a long time, and this little bit of knowledge would not trouble him.

[American Yingzong Cleveland: You had paper hundreds of years ago, and with your time, horror, you had paper seventeen or eight hundred years ago. You Orientals... are thankfully not interested in the ocean. We here heard that it was only in the 11th century AD that we came into contact with the papermaking technology passed down from the East...]

This invisible exposure of ignorance made Cleveland a little embarrassed.

It's just a bit of a trick.

[American Yingzong Cleveland: Okay, just have this piece of paper. Banknotes are credit currencies made by making special symbol fonts on paper and then assigning numbers such as one, five, ten, and one hundred. It actually has no value in itself. It is a kind of royal credit or merchant credit that gives it value, and it becomes money. 】

[This kind of paper money has a cost advantage over silver coins, copper coins, and gold coins. As long as the output increases, you can print as many as you want. 】

[The advice I gave you casually before is actually this approach. You can first print some banknotes as money, use royal credit as guarantee, directly forcibly purchase shops, real estate, etc., and also issue a decree to let the whole country recognize its exchange value...]

This is the Hongwu treasure note. Zhu Houzhao even wanted him to skip it, but the trumpet obviously didn't know and could only listen patiently.

[Mercier Lincoln: Cleveland, having one more currency that is only guaranteed by credit and not anchored by silver and gold will cause His Majesty Yuwen and others to have excessive currency inflation... and it will also damage their royal credit. 】

Lincoln decisively discovered Cleveland's bad intentions and couldn't help but warn him carefully.

Zhu Houzhao couldn't wait to give Lincoln a thumbs up. He didn't want to review the situation of the Ming Dynasty's excessive issuance of treasure banknotes. [American Yingzong Cleveland: Well...this is what we want! This situation, as I said before when I gave President Jackson advice, was a way to make money. That is, we must first deliberately inflate so that paper money can be spread all over the country...]

Cleveland was obviously a little embarrassed. He didn't expect to be exposed by his own people, so he had no choice but to change his mind.

[Emperor Zhou Xuan·Yu Wenyun: And then... In this case, you seem to have said before that with rising prices, it would take hundreds or even thousands of banknotes to buy the same food, right? Surely others won’t use my banknotes, right? 】

Zhu Houzhao directly blocked Cleveland's other rhetoric.

[American Yingzong Cleveland: Yes... If this continues for a period of time, the banknotes issued by Your Majesty Yuwen will become waste paper. 】

[But, didn’t I give you the golden treasure map? Don’t worry at all! You just need to wait quietly for a period of time. When everyone has thrown away this waste paper or no longer uses it, you can send someone to secretly take it back and destroy it... Of course, you will definitely not be able to collect it all. 】

[When you find the gold and transport it back to the country, just declare that the banknotes you issued before can be exchanged for gold! 】

[This time, the remaining banknotes on the market will definitely appreciate crazily! But at that time, there were very few, and some people would even pay a large price to buy it again, which instead formed a process of currency speculation... You can completely become a banker in this process! Use the banknotes you collected at low prices to exchange them for silver from merchants...complete a wave of harvest! 】

[As long as you are brave...and patient enough, you can even continue to push up the ratio of banknotes to gold. By then...rich people across the country will definitely rush to buy the few banknotes left on the market, even in the face of market sentiment. Next, and if you hype it up from time to time, the original value of banknotes can exceed its own exchange rate...]

[In this way, all the silver and even copper coins in the country will flow into your hands...]

[Then... you can even announce that banknotes cannot be exchanged for gold. If you suddenly smash the market, countless people will go bankrupt... Invisibly, you will become everyone's biggest creditor. By then... those who have a lot of banknotes in their hands People will take the initiative to let you exchange gold...]

[This achieves a situation where you can also have financial power if you owe money. 】

【What to do if you don’t have enough gold! You just say that you want to go to sea and continue to look for gold farther away... They will definitely support it! 】

[This series of actions completes your move to harvest wealth with banknotes and completes the layout of your financial power...]

[I say this, do you understand? 】

Anyway, in Yu Wenyun's time, he definitely wouldn't have been able to accomplish such an act.

Cleveland doesn't mind exporting this kind of currency speculation market, and even hides some small details that are more likely to overturn, and only talks about the wonderful prospects.

what?
Can speculating on treasure banknotes harvest the nation's wealth?
isn't it?
He was almost taught step by step, how could Zhu Houzhao not understand.

I understood it almost instantly.

But his mind was once again opened up by Cleveland, and he had no idea that this kind of currency speculation method could become bigger and stronger and harvest the wealth of the country.

Daming's wealth has been harvested by him, what will happen?

Wouldn't this mean that all classes would be offended by him? By then, I'm afraid there would be wars everywhere, and some people were afraid that they would directly raise troops to make him pay back the money.

Does Cleveland want to kill itself?
Zhu Houzhao was surprised and suddenly felt Cleveland's sinister intentions.

[American Ying Zong·Lincoln: Don’t! Your Majesty Yuwen, don’t be like him. This will offend everyone and trigger a war! Cleveland, can you teach me better? Can His Majesty Yuwen learn this banker's method of manipulating money? 】

Lincoln was so decisive that he couldn't help but remind Zhu Houzhao of his trumpet, and he couldn't help but blame Cleveland.

[American Yingzong Cleveland: Well, I just told you the best and worst case scenarios to make everyone more aware of the dangers of financial demons. His Majesty Yuwen probably won't do it... There are still many professionals needed here. Your Majesty Yuwen, please be careful and just learn knowledge and increase your knowledge. 】

Cleveland was not ashamed to be ruined by Lincoln, but continued to shamelessly say it was normal teaching.

[Emperor Zhou Xuan Yuwen Yun: I don’t quite understand this part. It seems very troublesome... Can I operate it? 】

Ha, Zhu Houzhao sneered, this guy is indeed uneasy and well-intentioned.

The method can be used, but obviously he needs to be more careful the next time he uses it.

[American Yingzong Cleveland: Then I can only say this. Specifically... I have not operated it, I have only seen it. Your Majesty Yuwen, just learn from it, or there may be a president in the group who has operated it and will teach you. 】

Cleveland decided not to start.

[Meixuanzong Jackson: So...do you want me to do this? His Majesty Yuwen may cause rebellion... From our side, the most I can do is step down, right? 】

Jackson understood that Cleveland was a drunkard who was not interested in drinking. He was teaching Yu Wenyun on the surface, but secretly encouraging him to gain financial power. Anyway, they did not need to be responsible for this.

[American Yingzong Cleveland: Haha, just discussing, discussing. The group leaders all said, you can talk about whatever you want. 】

Cleveland covered it up with a dry laugh.

[Supreme Group Leader: Okay, it’s almost time. Do you have anything to add to this topic? If not, we can end it. 】

Zhu Houzhao ignored Cleveland and came back directly, ready to end this issue.

[Meliezu Louis XVI: Is this boring session finally over? I almost fell asleep. I don't like this part very much. 】

Louis XVI finally bubbled up. This link was indeed something he didn’t like very much.

[American Taizu Washington: I have nothing more to say. But there is a lot to gain from this session, and Cleveland’s speech is brilliant enough. 】

[Mercy Lincoln: I feel like I have a new understanding of the economic crisis. Putting aside some small thoughts, Cleveland’s views are still very rewarding to me. 】

[Meixuanzong Jackson: I also gained a lot. 】

[Supreme Group Leader: Okay, this topic is over. It can be regarded as Cleveland's solo performance. The owner of this group gave him 20 points. No one has any objection. 】

Although this guy always carries private goods, Zhu Houzhao also admitted that this guy is very helpful.

It's only fair to give him a few more points.

[American Taizong Jefferson: I think it’s reasonable. 】

[Meixuanzong Jackson: No objection. 】

[Supreme Group Leader: Okay, Cleveland will get 20 points for this topic, and other participants will get 2 points each. 】

[The issue chat ends. 】

[The help-seeking link can be opened below. Group members can ask for help if they have any questions. There are only fifteen minutes left. 】

Zhu Houzhao decisively ended the topic and started the next session.

[Meliezu Louis XVI: I don’t need help, I feel like I’ve gotten a lot this time. 】

[American Taizu Washington: I don’t need it either. 】

[Meixuanzong Jackson: My problem has been solved, let’s look at other people’s. 】

[Emperor Zhou Xuan Yuwen Yun: I don’t feel it anymore. 】

Everyone expressed that they didn't need help in turn. There was actually a lot to talk about this time.

[Mercy Lincoln: I have a question for help. I want to ask Cleveland for help. I want to ask. Didn’t you say last time that I would die after the Civil War? I’m not worried about me. I want to ask. How will my wife and my family fare after my death? 】

[And, how did Grant do as president? 】

Lincoln hesitated for a moment, then issued a request for help.

This request for help is not from him, but from his family. Although his wife is fierce, he does not want to live a bad life after he leaves.

This is his main purpose for this chat.

　Second update! Ten thousand words have been updated today! There are still two or three pictures left in the chat group!
　　
　
(End of this chapter)