My girlfriend is from 1949

Chapter 216 Liu Xiankui, in alliance

When Chen Huai'an cooperated with Tian Guorong to complete a brilliant arrest.

Inside the stock exchange of the Financial Building, a group of capitalists in suits and ties were having a wild party.

The exchange was packed with people, and everyone's face was filled with excitement.

Everyone standing here is a prominent businessman in Shanghai.

Today's silver dollar trading market has once again made them a fortune.

Businessmen are profit-driven and will naturally not miss the opportunity to make money by taking advantage of others' success.

Liu Xiankui stood by the railing on the second floor, an imported cigar dangling from his mouth.

Looking at the excited merchants below, a triumphant smile spread across his face.

In Liu Xiankui's view, as long as he controlled these businessmen who were engaged in the real economy, he would control the economic lifeline of Shanghai.

At that point, even the government will have to act according to his wishes.

Otherwise, if they anger themselves, they could cause Shanghai's economy to collapse completely at any time.

Surrounded by several speculators, Liu Xiankui arrogantly declared, "I want those peasants to know who really rules Shanghai's financial circles!"

Instantly, everyone around him gave him a thumbs up and began to fawn over him.

They practically blew him off as a saint descended to earth!

Why would these people want to get rich by following him, the God of Wealth?

Liu Xiankui listened to the sycophants around him, his face full of ambition.

He slowly raised his right hand, which was holding a cigar, with an air of commanding authority.

He loudly proclaimed, "I'll toss in another 100,000 silver dollars, and I'll make all paper money worthless!"

They have the audacity to declare that they will turn mainstream paper money into worthless paper, which shows just how arrogant they are!

Upon seeing this, the people around immediately burst into enthusiastic applause.

They made even more money as the RMB plummeted!

Meanwhile, the silver man outside received the message and changed the exchange rate again.

Previously, the exchange rate between RMB and silver dollars was 1:720, but now it has become 1:1000!

If it continues to fall like this, it may really repeat the mistakes of the gold yuan and become less valuable than toilet paper!

In fact, the methods used by these speculators are not complicated; they can be described as simple and crude.

Because the new government had just been established, the people had extreme distrust of paper money due to the rampant inflation and collapse of the gold yuan during the Kuomintang era, and regarded silver dollars as the only asset that could preserve value.

Speculators exploited this psychology, inciting a "value for goods over currency" sentiment, causing the market to refuse to accept RMB pricing.

It was an artificial creation to create the illusion of scarcity of silver coins.

The black market exchange rate of silver dollars to RMB was rapidly inflated from 1:100 to 1:1800 or even higher.

This means that people need to spend more RMB to exchange for a single silver dollar, which is directly reflected in the sharp drop in the RMB's exchange rate against external hard currencies.

Seeing the strength of the silver dollar, merchants switched to using silver dollars for pricing or refused to accept RMB.

This caused the circulation of RMB to be obstructed, with RMB issued in the morning flowing back to banks in the evening.

To purchase daily necessities, people were forced to buy silver dollars at high prices on the black market, further driving up prices denominated in RMB.

Driven by capitalists, a vicious cycle has been created.

In fact, this was taking advantage of the fact that the new government was poor and backward.

Therefore, in the original historical trajectory, when the bank offered 100,000 silver dollars to save the market, they were immediately snapped up, leading to a bank run.

Moreover, there were more than two thousand silver dollar dealers on the street, shouting at the top of their lungs that they wanted to buy silver dollars.

Ordinary people knew that silver dollars could preserve their value, and they also had the experience that gold yuan notes were cheaper than toilet paper.

Naturally, they wouldn't be foolish enough to exchange life-saving silver dollars for banknotes that might become worthless.

However, these people are everywhere in the streets and alleys, which is equivalent to installing loudspeakers throughout the entire city.

Let everyone know that silver dollars are becoming increasingly valuable, while banknotes are just worthless paper.

Their vigorous shouting is only spreading panic.

This caused everyone to panic and sell their shares, crowding at the bank entrance to exchange them for silver dollars.

As soon as the banks dared to offer silver dollars, they would be immediately run out of cash.

Merchants in the market banded together and refused to accept RMB.

This affected the lives of every citizen, further exacerbating the panic.

Judging from the current situation, it's only a matter of time before banknotes become cheaper than toilet paper.

These speculators were certain that the banks would release silver dollars to alleviate the pressure.

Unfortunately, they didn't know that last night, a long convoy of cars slowly drove into the bank's vault.

The truck was filled with silver dollars!

Those speculators thought the new government was completely innocent and had no silver dollars to spare.

Little did they know that the predecessor of Bureau 306 had already begun planning three months earlier.

These speculators thought they had control over the silver dollars on the market, but little did they know that they could make money as fast as they could make money with stockings.

Large quantities of silver dollars had already been transported out of Shanghai through secret channels.

Now that Shanghai has been liberated, it was naturally returned.

Although these capitalists also noticed a decrease in the number of silver dollars in circulation, they did not know where they had gone.

At this time, high-ranking officials of the Nationalist government also fled en masse.

Therefore, it is reasonable to assume that the silver dollars and gold were taken away by these fleeing high-ranking officials.

So I didn't take it to heart.

If they knew that all those missing silver dollars had been taken away by the underground party.

I'm afraid they wouldn't dare to speculate on silver dollars now, even if they had a hundred times the courage.

He thought himself a chess player, but little did he know that he had already been manipulated.

There was no rush to take action against them; the plan was simply to wait for all the lurking demons and monsters to emerge before wiping them out in one fell swoop!

The exchange was unaware of this, so it was still celebrating excitedly.

At this moment, two men in suits, who looked like big bosses, walked over.

One of them introduced, "Boss Liu, this is an old friend of mine. He's short of cash and wants to lend you some money to tide him over."

The man in the gray suit hurriedly greeted him with a fawning smile, "Hello, Boss Liu."

Liu Xiankui, with a cigar dangling from his mouth, glanced at him sideways.

He spoke calmly, "You want to borrow silver dollars?"

The man in the gray suit nodded hurriedly: "Yes, yes, yes, we're currently facing a tight cash flow situation and would like to ask for your help. We will never forget your kindness."

He kept a very low posture, and when he spoke, he was almost bent over at a 90-degree angle.

He did have gold yuan notes and RMB, but the other merchants only accepted silver dollars!

They had truly reached the end of their rope and desperately needed a sum of silver dollars to tide them over.

Having no other choice, I had to ask someone to help me get it.

Although he only expressed his gratitude for the great kindness, it also implied that the interest rate was up to him!

Liu Xiankui raised his chin, a smug smile spreading across his face.

The feeling of being in control of Financial Street is more satisfying than ever before!

He smiled warmly and said, "Since you are Boss Zhang's friend, then you are also my friend, Liu Xiankui!"

It's just borrowing a sum of silver dollars, a trivial matter.

but……."

He changed the subject abruptly, took a contract from the table next to him, and handed it over.

He said with a smile, "Sign here, and I promise I'll refuse to accept RMB from now on."

Liu Xiankui's goal was simple: to control merchants from all walks of life, as long as they refused to accept paper money.

Then the paper money will collapse, and the silver dollars in his hands will become more and more valuable!

As long as these capitalists share in this carnival feast.

They didn't care at all whether ordinary people could afford rice or how many people would starve to death.

Holding the contract, the man in the gray suit pondered his current predicament.

Even though they knew it was wrong to go against the government, they still wanted to borrow silver dollars.

He could only grit his teeth and nod: "I'll sign!"

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