The first thing to change was the salt industry.

Originally, the salt merchants were quite resentful of the ban on silver tael transactions and the use of only treasure notes, but now they are very compliant.

Several major salt merchants responded one after another and took the initiative to come to Daning Bank to exchange treasure banknotes, and fully followed the principle of only using treasure banknotes for transactions.

Only treasure notes are recognized, not silver coins.

Otherwise you can't buy salt!

Even if the big salt merchants were like this, people no longer had any worries, so they exchanged them one after another and bought them with precious coins.

Immediately afterwards, Hu Donglai, a big business tea tycoon in Jiangzhou, also announced that his business could only trade with treasure notes.

Immediately afterwards, Yuan Congbai, a great silk merchant in Jiangzhou, also announced that his business could only trade with treasure notes.

Someone took the lead and created a trend, and those who had not participated in it could no longer sit still.

They also thought that these big businessmen were complying with the imperial court, and those who responded first might benefit.

After all, who dares to go against the imperial court?

Major wealthy businessmen responded one after another, and the common people could only change accordingly.

This creates the direction of the wind.

The treasure banknote has been recognized and gained credibility.

If everyone uses it, there will be no problem.

The common people took out their silver coins at home and went to Daning Bank to exchange them for treasure banknotes.

In this process, they have already felt the convenience of treasure banknotes. They no longer need to carry accumulated silver coins when going out, and they do not have to worry about wear and tear.

Daning banknotes are available in denominations ranging from small to large, and are fully capable of meeting daily use.

Especially for large transactions, it is quite convenient.

In a short period of time, Baoqian became popular.

This change made Qian Dafu a little confused.

Lin'an City and several branches of Daning Bank ran out of exchanges.

In other words, because there were too many exchanges, there were not enough treasure notes!

Baobao banknotes are not printed randomly, but are based on the National Reserve Bank. Currently, only the Banknote Printing Office jointly established by Daning Bank and the Ministry of Household Affairs can print and issue banknotes.

The printing office is in Shangjing.

According to the local Daning Bank bank branch, it will provide corresponding treasure banknotes.

But what I originally thought was that it would take a while for treasure banknotes to be accepted and used by the public, and there was not enough treasure banknotes in reserve, so this situation arose.

Qian Dafu noticed something unusual.

Originally, he wanted to find these big businessmen and talk to them one by one to put pressure on them.

In the end, he didn't do anything, but these people were very wise.

Is this normal?

Of course it's not normal.

It was not like he had never seen the salt merchant's reaction and Yu Zhiyi's face before...

There must be some inside story, or even a conspiracy.

But when he thought about it carefully, there was nothing wrong with it now, and he even promoted Baoqian.

Let nature take its course and wait and see.

At the same time, Qian Dafu was also secretly inquiring about what these businessmen were up to...

In the blink of an eye, a month has passed.

During this period, after the treasure banknotes had been completely circulated in Jiangzhou, especially in Lin'an City, it was rare to see anyone using silver coins anymore.

This should be considered a pioneering work.

In such a short period of time, the treasure banknotes were truly promoted.

It's still that secret courtyard.

Several principals gathered together again.

Wu Zhong, the shopkeeper of Jufengsheng, said with a smile: "Today's grand scene of treasure banknotes is entirely due to our achievements!"

"Do you think the court should give us a plaque to show our appreciation?"

"Haha, that's natural."

Everyone laughed.

The few people sitting here are almost all wealthy businessmen from Jianghuai and Huaihe areas, and all of them have rich fortunes.

There were eight major salt merchants whose wealth was comparable to that of the national treasury.

Taken together, they are more than the eight major salt merchants.

This is also the reason why they can mobilize the entire market and speculate on Baobao.

"In this month, we exchanged a large amount of treasure banknotes from Shangjing. Almost millions of foreign treasure banknotes flowed into Lin'an. This amount must have exceeded the amount stored in this branch."

Xie Mao said: "Everyone, my family's wealth has been destroyed. Isn't it time to close the net?"

They are all wealthy people who have been in business for a long time, so they naturally understand the tricks involved.

First, it triggered a trend of exchanging treasure banknotes and let people participate in it.

When the critical point is reached, another wave of counter-exchange will occur.

Under a large-scale impact, if Daning Bank cannot exchange silver coins, it will cause panic.

The more this happens, the more nervous people will be and they will exchange money crazily.

But the actual issuance far exceeds the reserve, and Daning Bank will be unable to redeem it.

At this time, the credibility of the banknotes will be in question. People are worried that the banknotes will become waste paper and they will get rid of them anxiously.

At this time, they opened a black market privately to recycle treasure banknotes at low prices.

Then, they waited for the court to rescue the market and exchanged silver coins at the original price. The price difference was a huge profit.

That's the whole process.

They spent a lot of money on this.

In order to fill the market, money was exchanged from Shangjing and flowed into Lin'an.

Supply exceeds demand.

The value of the treasure banknotes will decrease.

"It's time to close the net."

Chen Qu said: "Everyone has invested all their wealth in it now. If we don't close the net, we won't be able to bear it anymore."

He smashed in the most.

There were several million taels in total, and of course it was not all his own money. Tengjian, an official of Wei State behind him, also provided a lot of support.

Teng Jian also wanted to make a fortune from it.

"Have you noticed that the current flow of treasure banknotes into the market is completely saturated, so why has the value of treasure banknotes not declined?"

Tea tyrant Hu Donglai raised doubts.

If the treasure banknotes are turned into goods and the supply exceeds the demand, they should be worthless.

But now it is still strong and its acceptance is getting higher and higher.

"It will be worthless soon."

Chen Qu said: "The next step is about to take place. We have to release the news so that there is a problem with Baochao."

"This is troublesome."

Xie Mao said: "We cooperated with the court before, but now we want to smear the treasure banknotes. What if we are found out?"

"What are you talking about?"

Chen Qu said angrily: "Are you going to back down now?"

"Of course not. I'm just saying that you need to plan this matter carefully and be careful."

"This is natural."

Wu Zhong said: "We have been hanging around for so many years, and no one has the confidence yet. Money can make all the difference. All you need to do is spend money to find someone to do it. Even if you want to investigate, they won't be able to find us."

"The important thing is not the message, but how to trigger it."

"That's right."

Chen Qu said: "Releasing the news, it is said that the imperial court's issuance of treasure banknotes is a conspiracy. In fact, it is to compete with the people for profit and to defraud the people of their money!"

"You can also pour sewage on His Majesty. Isn't Daning Bank the same as Daning Emperor?"

"Just say that His Majesty is trying to make money!"

Chen Qu had the support of Wei officials and businessmen behind him, and he was completely on the road to betraying his country. This was what Teng Jian taught him.

Taking this opportunity to destroy Emperor Yuanwu's reputation and make him lose the support of the people.

Chen Qu said fiercely.

But others were silent.

Why do you feel like you are playing with fire?
Chapter completed!