In the Republic of China, I can change jobs indefinitely

Chapter 161 Advancement of God of Fortune
The depreciation of silver caused the exchange rate to collapse.

After the Treaty of Shimonoseki, the repayment of the loans of the big powers and financial capital will cause huge exchange losses, which is called the pound loss, and the international financial capital’s manipulation of the price ratio of gold and silver, as well as the exchange of sterling banknotes for real silver in China, will benefit and its huge.

Not to mention the depreciation of these indirect financial interests, the customs tax and our trade losses will be huge after the depreciation.

The sum of all these losses is definitely not [-] million taels of silver.

Nor is it [-] million taels of silver with interest.

It was a loss of one billion to several billion taels of silver.

It is an extremely terrible thing to use physical silver to fight against the mature financial system in the West with banknotes.

The Opium War opened the customs gate of China's material trade, and the Sino-Japanese War opened the gate of China's financial market.

After the First Sino-Japanese War, statistics from 1898 to 1913 showed that China's average annual import and export volume increased to more than 6 million taels, of which the export value was about 5000 million yuan.

China is a self-sufficient agricultural society, and what needs to be purchased from abroad is basically a rigid demand, such as foreign goods, black slices, and so on.

The change in imports will not be great, and the increase in import trade volume of more than [-] million taels is basically the effect of silver depreciation.

Shenzhou spends more than 2 million taels of silver every year for no reason.

However, foreign countries can buy twice as many things for the same amount of money when they buy our products.

With an export volume of more than 2 million yuan, it is possible to buy an additional 2 million yuan in materials and resources, so the total sum is two treaties of Shimonoseki per year, or one treaty of Xin Chou per year.

These fortunes are forever lost to Shenzhou.

Back then, Heshen ransacked 3000 million houses and only two of them were antique calligraphy and paintings. The value of industrial real estate was less than [-] million yuan in silver.

No matter how the internal wealth is operated, it is still in the country, and the meat will be rotten in the pot, and we will transform it into new wealth.

The resource outflow is the transfer of wealth to other countries.

Such losses every year will soon exhaust the historical wealth of China. This kind of loss is much more terrible than war. It directly empties China and pulls China from the throne of the world's number one rich country. .

From here we can see a combination of Western powers and financial capital.

Supported by Japan's war against China, a financial war launched with the help of a military war.

The outflow of silver from China caused deflation in China.

The specific manifestation is that the exchange of silver and copper coins is seriously out of balance.

It depreciates externally and appreciates internally. Comprehensive calculation, there is a gap of more than four times here, taking into account changes in the actual purchasing power of silver.As mentioned above, the West plunders more than 4 million taels of silver from China every year through financial and currency wars.

Moreover, silver is not financially derivable like banknotes. After a large amount of silver from China is outflowed, it will inevitably cause domestic deflation. If the big powers use silver to buy things, they can exchange for more resources.

Not to mention, after they obtained silver, they sold it in large quantities in the international market, causing a greater depreciation of the silver price and the British pound.

However, China does not have a financial system and a central bank, nor is it able to maintain the price of silver in the international market. In this way, China will pay a higher price when using silver to buy imported materials, and domestic deflation will become more serious. This will cause a vicious circle.

In the modern history of China, don't always focus on the indemnities of various defeats in China.

The loss of China's resources is the key to making China a poor country, and the main means of outflow is not the military.

The plundering efficiency of economic means is far higher than that of military means. We cannot always focus on military and war and ignore finance and currency. Only financial war and currency war can plunder wealth at the fastest speed.

Before the Sino-Japanese War, the GDP of the previous dynasty was equivalent to that of the previous life in the 90s, and the per capita was higher.China has accumulated 1000 years of wealth ahead of the world. Wealth should not only depend on the annual production of GDP, but also on the accumulation of GDP. Such a huge wealth.

With the outflow of more than 4 million, or even one billion taels of silver every year, under such circumstances, the wealth of a country that has been passed down for 5000 years and once ranked first in the world's GDP for a thousand years has been lost by Western powers and financial institutions in a short period of time. Capital looted.

Don't worry about the financial investigation report made by Ren Zhuzhu.

Yue Zhenshan himself fell into deep thought. In his previous life, to put it bluntly, he was just an otaku, who knew nothing about finance.

And Ren Zhuzhu's report uncovered the bloody wound on the Shenzhou dragon, and let Yue Zhenshan see clearly how the sleeping dragon lost blood, so that it almost fell apart and was dismembered by Western powers into warlords of different sizes .

Simply shocking! !

It seems that I am on the right track by first separating the Fushen avatar to increase my fortune. The more markets I occupy, the less blood the great powers will absorb through trade, which will also leave some vitality for Shenzhou.

"Sister Zhuzhu, is there any way to solve this problem now?"

"The method is very simple, that is to establish a modern financial system, issue our own banknotes, have our own central bank, learn from Western countries, use gold as the anchor metal, and establish a monetary system with gold as the standard currency."

"Uh"

"This matter can't be rushed, let's take our time."

Yue Zhenshan didn't ask any questions for a moment, because his stride was too big and it was easy to tear his balls.

He only controls the territory of five counties now, how can he have the ability to issue gold standard banknotes, isn't this nonsense!
In any case, at least two or three provinces must occupy the territory and have a large enough volume to have the confidence to do this. Otherwise, you will make yourself uncomfortable and build financial barriers. This is not to provoke Western countries to fight. yourself?

"A Yue, don't you want to build a modern bank?"

Seeing Yue Zhenshan's refusal, Ren Zhuzhu was a little disappointed. This report cost her a lot of effort.

"Sister Zhuzhu, don't worry!"

"How could I give up on our agreement? It's just that the time has not yet come. Finance is not just a financial issue. It is also closely related to the country and war. We currently do not have the strength to resist the use of force by the outside world, so we have to wait a little bit." .”

"It turns out that's the case, then I'm relieved."

"Ayue, here is another document that needs your signature."

Yue Zhenshan took the documents and found that they were documents about bank mergers.

The bank established in Shanghai before and the bank established in Guangdong and Guangxi are not the same bank. After the signing, the two officially merged into one bank, which is the Kyushu Bank they established together.

"Well, it's changing so fast!"

"The avatar of the God of Fortune is about to advance—"

Kyushu Bank is the core of the Yuezhenshan consortium, and now Shanghai and here are merged into one, leading to changes in wealth fortune in an instant, leading to the completion of the Fushen avatar, which has been stuck in a bottleneck for a long time, and finally completed its advancement.

(End of this chapter)