Chapter 1340 Loss and Inflow
Song Taiping stared at the four people closely, trying to tell something from their expressions.
He believed that it was true that there was something wrong with the Great Wei Baoguan, and it was also true that the enemy country Daning was behind it!
Before convening the four principals, he went to Tianlao to meet with Deng Er.
According to Deng Er's investigation, Daning silver coins have been circulating in Wei for some time. With the imperial court banning gold and silver, silver coins are even more popular!
It is said that this kind of silver dollar is also in short supply in Daning, and some people exchange it at high prices.
Song Taiping also collected a silver dollar.
The pure gold scale is exquisitely cast, has exquisite patterns, and can also be blown...
This is real money!
Nowadays, with the total collapse of Wei Guobao coupons, silver coins are even more sought after. They are no longer money, but collections!
Where did it come from?
Song Taiping believed that as long as he followed this line of investigation, he would be able to find it.
But if this line is in your own hands, it will be difficult to find it.
Deng Er also told him one thing: Dawei treasure coupons cannot be exchanged for silver coins...
In addition to silver taels, the only thing that can be exchanged for silver dollars is Daning Baobao!
Deng Er suspected that there were already Daning banknotes in circulation in Wei State...
This is the scariest thing!
"Silver dollars? We don't know."
"I haven't seen it before."
"His Majesty has imposed a ban on gold and silver and requires the citizens of the city to exchange their savings for treasure certificates. We have all taken out the savings of several chambers of commerce. How can we still have any money?"
Several people complained.
There are so many things I regret.
When the Great Wei Baoguan was first issued, the imperial court strictly required redemption. Naturally, the four major chambers of commerce that supported His Majesty had to take the lead in the redemption, but the result was this...
Song Taiping wanted to ask, but was blocked by one sentence.
Several people didn't give him a chance, they just kept crying to him, acting like victims.
Indeed, in this crisis, the richer the people, the greater the losses!
All their money is in vain!
It is precisely because of this that they want to stop their losses and recover...
The best way is to get rid of the paper-like treasure coupons in your hands and exchange them for more valuable money.
A bit convoluted but true.
Song Taiping didn't ask anything, but he felt bitter after hearing it.
These people are slippery, don't even think about hearing the truth from their mouths without actual evidence.
This crisis made Song Taiping feel powerless and he didn't know where to start.
Even if the Chamber of Commerce accepts Dawei treasure coupons normally, what is the use?
I'm afraid it won't change the status quo, and the root problem will not be found!
The heads of the four major chambers of commerce who left the Song Mansion quietly gathered together again...
"It seems that the imperial court has set its sights on us."
Lu Shen said: "You have to be more careful in the future."
"People die for wealth and birds die for food. It's not like we don't have people behind us. The battle ahead is not going well. Your Majesty still dares to use the knife. Do you have to wait for the backyard to catch fire?"
The eldest old man among the four people was very disdainful, and then he said angrily: "I didn't expect that the Great Wei Baoguan would really become waste paper, and the money in our hands is!"
"Fortunately, I have a chance now..."
"It's just that it's very risky!"
"We are not the only ones taking risks, many people have begun to take risks."
Lu Shen hesitated slightly.
"Exchange the Great Wei Treasure Notes for the Great Ning Treasure Notes... exchange your own country's money for the money of another country. When Your Majesty finds out, I don't know how angry he will be."
"Da Ning's banknotes are indeed worth more than Da Wei's banknotes..."
Several others echoed.
Seeing that the Dawei Baoguan is about to become useless paper, no one wants to spend their money in their hands, especially those who have huge amounts of money, which is unacceptable.
The imperial court ignored this and did not take any measures. Instead, it continued to distribute money.
At present, it seems that it is only a matter of time before the Great Wei Baoguan collapses!
It is impossible to expect the imperial court to bail out the market.
I don’t know how many Dawei treasure coupons are circulating in the market. Even ordinary people have hundreds or even thousands of taels in their hands.
If it were exchanged according to the original amount, the court would not be able to come up with so much money. Even if it was exchanged according to the multiple, it would be impossible.
The most important thing is that this opening cannot be opened!
Once it starts, it means that the Great Wei Baoguan will be completely invalid, the country will be in turmoil, and the frontline war will be greatly affected.
This is also why Himekawa has difficulty handling it.
At present, it can only be maintained like this. Although it has depreciated seriously, it is still a currency.
It’s just that the people have to bear the losses.
If there is an opportunity to stop loss at this time, will you seize it?
Now it’s here!
I don’t know when or where someone started exchanging Daning treasure notes for Dawei treasure coupons.
Daning Baobao is Daning's money. It cannot be used in Wei State. It can only be spent in Daning.
During the period of hostility between the two countries, there is no way for normal communication... There is no use in asking for Daning treasure banknotes!
But Daning treasure banknotes can be exchanged for silver dollars!
Silver dollars are hard currency and have become the best collection in the Wei Kingdom now, with a value comparable to gold!
This situation was caused by Himekawa, who decreed the ban on gold and silver.
Things are rare and valuable!
Silver coins are rare, let alone exquisite silver coins!
Isn't this the best opportunity to stop losses by exchanging the waste paper-like treasure coupons in your hands for silver dollars?
Such business began to circulate on the black market because the demand was too great!
Everyone wants to get rid of the Great Wei Treasure Coupon, no one is exception.
Where there is demand, there is supply.
As a result, some businessmen who specialized in exchange appeared.
In fact, people know their origins very well. Those who have Daning treasure notes and silver coins are naturally from Daning.
But with the huge increase in demand, this can be profitable.
Some people in Wei also started doing this kind of business.
The most important thing is that there are people in Daning who do such things, and they also say that as long as you go there with the Dawei treasure coupons, you can exchange them for Daning treasure notes, and then you can exchange them for silver coins.
Why is there an extra procedure?
Why would anyone in Daning want these waste papers?
They don't know.
They just want to cut their losses!
As a result, many people took the risk and went to Daning with huge amounts of Dawei treasure coupons to redeem them.
The four major chambers of commerce have arranged for such people, and they also have other ways to complete the exchange within their own country.
Although there is a huge difference in the exchange ratio between the two, it may ultimately take several thousand taels of coupons to exchange for one silver dollar.
Even so, there are still people who are after them, and it is still a situation where there is a price but no market...
This resulted in the loss of a large number of Dawei treasure notes, and in turn a considerable inflow of Daning treasure notes.
Daning banknotes are valuable and quite strong because they are always bound to gold and silver, and the exchange is done on a one-to-one basis.
Daning treasure notes began to appear in the Wei State, and some places even started to use Daning treasure notes to buy and sell.
Chapter completed!