~.-~ Take advantage of the situation to rob

Lao Jiang understood one thing. The rectification of Zhu Bin was no longer the same as he wanted. The money offensive was too strong, so powerful that his brother-in-law had fallen.

Since the establishment of Global Shipping, the investment under the control of the four major families occupied the shares. In more than two years, the total capital has increased by no less than four or five times, making more than any monopoly business they do. A series of industrial and mining trading companies that have followed up have made profits in scale. When Chongqing bases are put into use, Wuhan, Nanjing, and Ma'anshan are invested in construction, the four major families are expected to surpass the traditional chaebols and become entities second only to Zhu Bin and control the entire country's industry and even the lifeline of the economy.

This is actually the result that Jiang Jiang himself hopes, although it is not perfect enough. The perfect state is that the four major families control the four major banks, and then control finance, industry, commerce, import and export through banks, and some strategic resource projects directly managed by the state will form a stable wealth economy rear, no longer being controlled by others, but will allow him to wave a million troops to sweep the world and unify the world.

However, Zhu Bin's appearance made a little bit of a problem. Now the new consortium led by Zhu Bin is the one who dominates the basic industry and export business, as well as the industrial and commercial groups that form investment, cooperation and close contact with them. Although the four major families have the four major banks, capital can only be behind them. However, if the country's legal status power is added, it can overwhelm the other side. After all, the right to formulate policies and regulations is on their own side, and overall, it has a slight advantage.

But an American silver purchase bill directly broke this balance of power, and Chiang Kai-shek had no choice! Although the four major families and the four major banks control the lifeblood of the country's economy, they also have to shoulder the responsibility of national economic regulation and maintenance of development. The cash flow and gold and silver reserve demand are much greater than Zhu Bin and others. Americans acted so recklessly and immediately pulled their foundation. Zhu Bin and others could ignore it, as long as their subordinates could pay wages, but the country was not able to do so. Deflation, high prices, rapid decline in exports, large-scale shutdowns and unemployment... A series of chain reactions will straight down the economy that has just begun to revive.

If this is delayed for a year, then the issuance of national fiat currency has come to an end. It is possible to use fiat currency to replace silver, because it can legally require national silver to be collected and private transactions are not allowed. Maybe it can also be sold to the United States with reserve silver to make a profit. It is only one year away, and it almost caused the finances to collapse!

When it was so deadly, Zhu Bin made a request to exchange silver spot for the future printing rights of their combined commercial bank currency - not pure issuance rights, but the right to over-issuance paper money like the state bank. It is indeed a bit like taking advantage of the situation, but Song Ziwen wanted to agree!

It was not just that Song Guojiu was greedy, that was the last insignificant reason. As the Minister of Finance, he had to consider the interests of the country first, because Chairman Jiang’s fall had no benefit to him at all. What he thought more was that the current practice of the four major banks manipulating in his own hands was very hateful and dangerous!

It is a pity that he is afraid of attracting people. With Chiang Kai-shek's gun, he can't make big waves, but the danger is that he can't control the many families and so many people under his jurisdiction! Not to mention others, the Party Affairs Investigation Department of the Erchen brothers, the Kong Xiangxi Department, and the Jiangsu and Zhejiang Consortium Department, etc., are all like the feudal families. Everyone wants to get more benefits from the public to their small treasury. With the right to issue currency, if you don't pay attention, over-issuance will even lead to inflation and currency depreciation will happen.

It is very dangerous to lack supervision and balanced power!

If someone else asked to do this, Song Ziwen would definitely not agree, but Zhu Bin, this guy has technology, industry, bank, and military power. If he worked seven or eight years earlier, he would definitely be his own. Now it is a little late, so he can only rank second. The advantage is that this guy has the ability and capital to pay for the country's over-issuance of paper money!

In other words, when necessary, the four major banks quietly printed more paper money to respond to the emergency. The small-scale and short-term inflation caused can be flattened by this guy's huge financial resources, and will not cause great fluctuations or even attract attention. Such a subtle balance of power can only be done in special circumstances where the overall national production value is too low and the proportion of Zhu Bin's system wealth is too high. If it were other powerful countries, no chaebol could do this, even Mitsui in Japan, Rockefeller and Morgan in the United States, and the legendary Roscherder probably could not do it either.

Various conditions have spread to cause today's special events!

However, this matter is not worthy of being told by outsiders, and even Lao Jiang may not make sense to tell him like this. Seeing that he agreed, Song Ziwen fell into the ground with a big stone in his heart. He hurriedly called Zhu Bin to explain the matter, and then urged him to send someone to sign a secret discussion - this thing is unspoken!

When he received the call, Zhu Bin was receiving special guests from the United States in Shanghai, and was preparing for the opening ceremony of the GD Far East Branch Building. After listening, Mr. Steven Siegel, an elite Wall Street who came to China to preside over the specific work, jumped up excitedly: "Ohgod! Dear boss, I heard it correctly, did you actually get the right to issue China's currency?!"

Zhu Bin quickly corrected: "I'm wrong, it's the right to print money! With our silver as collateral, we can print a considerable amount of legal currency for use by ourselves. The issuance volume must be supervised and controlled, and the majority is still with the National Bank!"

Steven laughed out loud regardless of the decentness: "What does that matter! As long as we have our own currency printing factory and your huge industrial and commercial empire, we can sooner or later kill all the so-called fiat currency! And become the only recognized unified currency! Such things can be done, boss, you are so great!"

What is the lifelong ideal of a Wall Street elite? It is not just a luxurious life in a large consortium that is rich enough to rival a country or a high-class society, but a lofty ideal passed down by Jewish ancestors, and it is also a realization of their own countries in all countries around the world - controlling the currency issuance rights of a country!

Their highest ideal is to control the right to issue currency in the world! So who will be the emperor in this world, what does it matter? They are just working for their family! This is true for the United Kingdom and the United States!

In China, the country is about to form a form of working for four major families. Zhu Bin's big slut is so deep! With the right to print legal currency, bad currency drives out good currency... Well, no, is it still a long time for the RMB to drive out legal currency?

The legal currency of a country is not printed as much as you want when you close the door and you want to print it as much as you want. Sooner or later, it will collapse. The safe approach is naturally to be linked to the strong currencies circulating in the world. In this regard, China's silver dollars are pegged to the British pound. I don't know how to fix it after printing the legal currency, but Zhu Bin must be in the US dollar zone. With his cooperative relationship with the United States and Germany, the guaranteed currency is not just a little hard currency. The issuance volume will definitely surprise everyone! This is a huge business!

Having the opportunity to manipulate such a big business himself means that Mr. Steven Siegel officially entered the threshold of the world's top banker, and this lifelong dream has been realized more than half!

"It's not that simple! Chinese banks are not making money in accordance with international practices. If you are not careful, you may suffer a big loss!"

The person who poured cold water was Zhang Jiayu, the former general manager and executive director of Bank of China who had just been squeezed out of the board of directors of Bank of China and actually had his lifelong wealth robbed.

Speaking of Zhang Jiayu, everyone in the entire Chinese industry and financial circles knows that it is a serious local family in Shanghai. With a stern finger, it is at least a few hundred people who can have a connection with their family. The Bank of China, which he manages, is also China's largest bank (not state-owned), and is definitely an important figure.

But it was such a big man who had been killed by warlords like Chiang Kai-shek. Until today, he completely took over his family business and swept the floor and went out! There is still an interesting past story about this.

In 1927, when the Northern Expedition Army was actively advancing northward, Song Ziwen was responsible for raising funds for the Northern Expedition Army. He had borrowed 500,000 yuan from the Bank of China in Hong Kong, and Chiang Kai-shek asked Zhang Jia-shek for assistance through Huang Fu in Tianjin. Zhang Jia-shek once served in the Beiyang government and knew everything that was corrupt inside. After he judged that the Northern Expedition Army would definitely win, he decided to provide economic support. This is actually the helplessness of Chinese merchants since ancient times. Once developed and rich, he would become a fat pork in the eyes of the powerful and powerful, and he could only find ways to exchange wealth for political protection. Zhang Jia-shek decided to put the "treasure" on Chiang Kai-shek.

When the Northern Expedition Army arrived in Jiangxi, he arranged to transport money to the Northern Expedition Army, and sent 300,000 yuan at a time. Unexpectedly, Chiang Kai-shek's appetite was very big, far exceeding the Beiyang government. After arriving in Shanghai, he would have to pay 1 million, 5 million, and even proposed to borrow 10 million. At that time, the shares of Bank of China were only 30 million. The minds of the Jiangsu and Zhejiang Consortium suddenly felt their scalp numb. Zhang Jiayu said: "This is the first time that the Nanjing government has oppressed the Bank of China." He wrote in his diary: "The soldiers do not understand the finances, but interfere in finances everywhere, and the future is pessimistic here." Later, it was Zhang Jingjiang and Chen Guangfu who came out to mediate, saying that the government was about to issue public bonds and had the ability to repay the loan. Zhang Cai agreed to advance the money, and the matter was settled.

During this period, when Zhang Jia's mother passed away, in order to win over Zhang Jiayu, Chiang suddenly appeared in the Zhang family's mourning hall. After arriving, she bowed and told Zhang Jiayu to be very moved. However, he didn't know that Chiang, who was from a gang, was too familiar with this method, and was secretly touched by the hobbies and etiquette of a big family like them, and was serious and to behave like him.

As expected, when the Northern Expedition was completed, in October 1928, Bank of China was forced to reorganize, join the official shares of 5 million yuan, and restore the joint operation of officials and businessmen. At that time, Feng Gengguang, Song Hanzhang, Li Ming, Chen Guangfu and Zhang Jiayu were the executive directors, and Zhang was elected from the executive directors as the general manager.

Zhang Jiayu himself was willing to get involved in politics, but he did not have the ruthless and insulting means of politicians. At this time, he did not know the conspiracy hidden behind the cooperation between officials and businessmen! He still steadily developed Bank of China into a quasi-modern bank. By the end of last year, Bank of China had deposits of 520 million yuan and loans of 410 million yuan. He also vigorously carried out foreign exchange business, and successively established more than 60 foreign direct exchanges and more than 90 special agent stores, gradually making international exchanges the main business of Bank of China.

When Kong Xiangxi became the Minister of Finance, he established a financial advisory committee to help him as vice chairman to contact the Jiangsu and Zhejiang chaebols. Given that Chiang Kai-shek used the Bank of China as his "purse" and like the Beiyang government, he endlessly asked the Bank of China for money and the endless civil war was consumed, he was very disgusted. He proposed to Kong Xiangxi that the country should reduce the demand for advances on banks and oppose the use of banks as the treasury. This time, he offended Chiang Kai-shek.

Chiang Kai-shek began to turn against others. In February this year, taking advantage of the turning point in the fifth encirclement and suppression, the national finances became good, so he decisively used the reason for improving finance, nationalizing the currency issuance rights, and preparing to issue legal currency. He seized Bank of China from him, changed the general manager system to the chairman system, and sent Song Ziwen as chairman and Song Hanzhang as general manager. At the same time, he forced the official shares to be 30 million yuan, making the official shares 35 million yuan. The transfer of Zhang Jiayu as vice president of the central bank actually seized Zhang's power and gave him only an empty title.

Zhang Jiayu had nothing to hear about such a major matter in advance. He was angry and refused to take office.

The Jiangsu and Zhejiang Consortium were too involved with Lao Chiang. If such a thing happened, he could not fight against Lao Chiang who was in the hands of a gun even though he knew he was at a loss, so no one else could help. Zhu Bin could help, but this guy had a bigger plan. Besides, it was too late to find out. He had no capital to start a full war with Lao Chiang, so he had to comfort Lao Zhang, and at the same time encouraged him to withdraw his shares from Bank of China and join his own camp to support Lao Chiang.

Zhang Jiayu is an elite educated by a traditional big family. He never puts eggs in one basket. He did not listen to his instigation to withdraw shares. Instead, he agreed to serve as general manager at GD Bank. Originally, he also had a lot of cooperative industries with close VCs under him. The signing of the secret contract was hosted by him and Steven.

Steven has been famous for this man for a long time, but when it comes to professional issues, he has to compete for the limelight. Anyway, we are also the top elite on Wall Street. We can't compete with a Chinese rich man, right?

Steven put away his exaggerated expression and coughed dryly and said seriously: "Mr. Zhang is worried about the other party's over-issuance and creating inflation, and then let us pay for it?"

Zhang Jiayu was stunned. This guy guessed the key point of the problem at once, but he realized that this method was left over from foreigners. Steven was born there, and it was impossible not to know. He nodded: "That's right, this is a kind of bad habit hidden deep in their bones. Once he holds power, he will lose supervision and control. It's okay if there is no large-scale war. Once China and Japan go to war, the military expenditure will increase far exceed the financial ability. In addition to borrowing, they will issue more paper money. They don't care about inflation. But we have a lot of support from industry and commerce and hard currency. We are not as good as the national scale, and we will definitely suffer losses."

Over the years, during the warlords' melee, there were no thousand or five hundred paper money issued by them in various places. Which one did not do this? Let's talk further away, after the Mongols occupied the Central Plains, they saw that the Song people actually printed paper money and decisively let the sexist who managed the finances issue paper money without any bottom line, which directly caused the collapse of the "Jiaozi" system of banknotes that had been running for more than 200 years. The Ming Dynasty also once did it, and a group of civil servants who did not understand finance did not make a fool of themselves, and the banknotes were completely lost.

Steven bared his shining white teeth and smiled reservedly: "What you are talking about is what can only happen under the conditions that we fully abide by the law and honestly do as required. In fact, with the current complex situation in China, there are too many loopholes to exploit. I only talk about one way. The banknotes we printed ourselves are slightly different in color, material or encoding methods, and are issued through the industrial and commercial system we control and included in international settlements. There is no difference at all. But once the war you mentioned occurs, our banknotes will be preserved and their banknotes will be depreciated without bottom line. As long as we survive the first wave of impact, who will be the winner?"

Is this still necessary to ask, it must be the one who maintains its value!

Zhang Jiayu's heart skipped a beat and was stunned for a while! This is really possible! If Zhu Bin's strength is too far from the central government's finances, it would be impossible to get a grip. At the critical moment, Chiang Kai-shek only needs to let Song Ziwen devalue the legal currency by 10% or 20%, which may directly cause Zhu Bin's wealth to shrink most or even collapse!

But on the other hand, what if Zhu Bin's wealth support is large enough? Chiang Kai-shek's depreciation method cannot be used, but instead makes the legal currency lose its credit. Then Zhu Bin's legal currency will become a credit unit and can directly become a recognized legal currency... But with the power of a group, we will fight a country with the power of a group!? Is that okay!

Zhang Jiayu suddenly felt like he was on a pirate ship. However, when he thought of the lifelong efforts he had been cheated by Jiang, he couldn't help but gritted his teeth and said hatefully: "Okay! As long as we always control the country's industry and commerce, imports and exports, and hold economic development in our hands, one day, we will truly surpass them! This thing can be done!"

But I thought in my heart that one day, I would overturn their stall and take back everything I lost today!

~.-~
Chapter completed!