Several young people looked thoughtfully at the Dawei treasure coupons scattered on the ground.

One of the young people, Feng Bin, suddenly said: "It was precisely because the Wei Emperor lost the credibility and public trust of the court by issuing excessive amounts of treasure money that the people used our Daning money instead of their own money!"

"Just like now, the powerful and common people in Wei State spend high prices to exchange silver coins, but they don't pay for the silver coins they cast themselves."

Qian Dafu said with a smile: "That's it. If you lose money, you can make money again, but if you lose your credibility, you will never get it back..."

"Big shopkeeper, I still have something unclear."

"speak."

The young man named Feng Bin asked again: "At first, the Wei Baoguan collapsed, when the banknotes became waste paper, and the Wei monarch immediately released the silver accumulated by his court. Why did the silver depreciate like the banknotes at that time, causing the Wei Dynasty's powerful people to fight for it?

Can you exchange it for my Daning silver dollar?"

"Because Wei Jun panicked... He made another big mistake because of his panic!"

Qian Dafu explained: "He knew that the banknotes had become white paper, so he hurriedly released the accumulated silver. How did he release it?"

"It's just a rule. It's almost like giving money directly to people, but where does the money go?"

Someone echoed: "It went into the hands of the powerful and powerful."

"That's right."

Qian Dafu said calmly: "These powerful people already had a lot of accumulated silver in their hands, and they got more...and the silver never left Wangjing, the capital of their country..."

"I see."

Another person suddenly said: "This is just like banknotes that suddenly increase in value and begin to depreciate."

"Exactly so!"

Qian Dafu said solemnly: "This is inflation!"

"inflation?"

Several people murmured this word. It was mentioned in the internal books of Daning Bank, but they didn't understand it at all. Now they understand what's going on with examples...

"Now the food prices in Wei are falling, and the prices of all kinds of commodities are falling, but people's livelihood is still in decline, and trade is declining. Why is this?"

They asked another question.

Qian Dafu said: "It's because money is so valuable..."

"Money is too valuable?"

"Isn't this bad?"

"Everything is too much and too little is too much."

Qian Dafu patiently explained: "If money is too valuable, a situation will inevitably occur, which is overcapacity. Take Wei as an example, its trade and handicraft industry is developed. If money becomes more valuable, prices will fall, making the production of things

If you can’t sell it, what will be the consequences?”

"The workshops are closed, there is no work... Much ado about nothing... This is deflation!"

"Deflation?"

Several people murmured.

Feng Bin hesitated to speak and asked in a low voice: "Is this the purpose of the big shopkeeper that you have come to Wei for two years?"

"right!"

Qian Dafu said calmly: "We are behind this. The main reason for deflation in Wei is that money is too valuable. Why is this so? Because there is less money..."

"You must know that silver is hard to find and silver mines are hard to mine. It has never been a mainstream currency. Most people still use copper coins, which means that the country's money is not enough."

"Wei Guo used copper coins again, but we have already exchanged all the copper coins."

The people present were slightly startled.

At first, silver could not be exchanged for silver coins, so it could only be exchanged for copper coins. Shopkeeper Qian only controlled the situation behind the scenes. He had the best helpers, those powerful and influential people in Wei State.

These people will try their best to get their hands on the copper coins circulating among the people, and then exchange them for exquisite Yuanwu silver coins.

They are not short of money, they just want the money in their hands to be money. Driven by interests, they are desperate!

But the people had no money to spend, the Wei treasure coupons had become waste paper, and the copper coins were gone. So they could only use silver, but how could they have silver?

The poor scraps of silver that had been accumulated had already been taken away by the court and replaced with waste paper coupons... This is blood-sucking!

Then, Qian Dafu made another rule.

If you want to exchange silver coins, you can only use silver. He is only the most upstream supplier. When this matter becomes profitable, there will naturally be people who act as his downstream people. These people are all powerful people in Wei!

He set his sights on Wei's silver, taking advantage of the Wei court's loss of credibility, and people's psychology of chasing profits and rising prices...

Of course, he released silver coins in a very limited amount, always creating a situation where silver coins were hard to find. On the contrary, the more this happened, the more people sought after them, even going crazy!

Silver dollars are also made of silver, and there is no difference in essence, but they exchange them for ten times or even more than ten times the price.

It has broken away from the essence of currency and has become a kind of collection...but in the process, a large amount of Wei's silver flowed to Daning.

When there is not enough currency, deflation occurs. No one in Wei seems to understand the reason, and it will become more and more difficult in the future...

Several people looked at Qian Dafu with horrified eyes. Feng Binyou asked in a low voice: "Big shopkeeper, is this a currency war?"

"You are right, this is indeed a war, without the smoke, but more tragic!"

"Big shopkeeper, how do you know so much?"

Qian Dafu's eyes were profound.
Chapter completed!