The impact of the 832 currency
Jinyang. The doors of parliament have not yet opened, but parliamentarians are already outside and discussing various issues. They seem to be intense. And they're trying to figure out how to solve all sorts of problems, because they're moving around, and if they can get more legislators involved, it will be of even greater benefit to them if they can get through the relevant state bills.
And in the vicinity of the councillors, from time to time there are more businessmen involved, because it has a lot to do with their interests.
"The railway is going to be a big hot spot. Moreover, it is very profitable, and the investment will become very hot. It's probably the most lucrative business. Not only military, but also civilian is also very valuable. It can be said that there is no loss of money at all. All you need to think about is how to reduce costs, for example, the cost of rail forging becomes cheaper, so that you can save a lot of money when you lay it. One lawmaker said.
The merchants listened patiently. I don't know when, I don't know where it came from, but the word "investment" has become extremely fashionable. If a businessman talks about how much money to invest, it will be despised by many people, "investment" is a very noble word, if you don't know how to invest, it means that your business vision is very low, and you can't start a related topic at all. It's definitely something that none of them can talk about.
IRA businessmen are constantly getting involved. In particular, the railway boom began to enter various regions. It is said that Hedong merchants planned to build more railways in Hedong, where there were relatively vast plains, which were very conducive to building a railway system and low cost.
And in the merged state. The merchants of the states also actively participated, and the merchants of the various counties and counties quickly gathered, because this represented the railroads built by the states themselves, and if the railroads were completed, they would be a great source of wealth. All of us are aware of this.
When all of us are aware of this, the question becomes extremely acute and that is how to participate in the entry. How much money is invested, and how can this money be used to accomplish such and such things, these things, they must complete, otherwise, it will become more difficult. So, in such a situation, they have to accomplish something. Solve all the problems.
This is also the possibility of a broad discussion in the parliament before the session. If disorderly, even, compete with each other, it will lead to a waste of investment, and a large amount of money can not be invested in more needed places, which is very unfavorable for the construction of railways, many people know very well that they must not let such a situation happen, if this situation occurs, it will be very bad. It's going to be extremely bad for them, and it's definitely not what they want to see. So, they need to deal with some of these things properly, and solve these kinds of things, so that they can be regarded as completing what they are supposed to do.
The merchants of the canton have decided to form a joint railroad company. Divide the outstanding shares according to demand. The purchase is then made based on the premium. Of course, the United Railroad will apply to enter the stock market, so that it can get more financial support, and at the same time, it will also facilitate the circulation of funds in hand. Of course, when it will be listed and how much will be in circulation, this needs to be discussed in the future. The main issue under discussion is to make the railway a success.
The benefits of railroads are very numerous, and many businessmen see this, and for them, it is an opportunity to participate in a larger business. Of course, this also brings more capital concentration to the scene. In addition to this, there are some things that they must also pay attention to, and that is the issue of war in the north. The nomadic allies in the north need more people, weapons, and other materials, for the time being, the allies simply cannot afford to pay for these materials and weapons, if they continue to support, how to maintain their profits, after all, this requires a lot of money, and these are taxpayers' money, how to support, and how to invest this money in the future, they get it back, this time is the most important thing they should consider, these things are the things they should pay most attention to.
But many people are caught in a dilemma on this issue, because most of the parliamentarians believe that the nomads, especially the so-called allies that have been formed, are nothing more than a rabble. Whether they can resist the opponent's attack is the hardest question, and if they can resist it, they will consider whether to commit again. For others, they are not currently considering the possibility.
Li Jiazhuang, War Department.
"I think that Dong Zhuo's agreement to such a plan is not of great significance, and it cannot fundamentally solve our circulation and monetary needs." Jia Xu said that Jia Xu took out a new currency-related report submitted by the banking department.
In the report, they mentioned the positive side, in the vicinity of Luoyang, the capital division, there has been a certain scale of use of Republican Army banknotes, and the performance is very strong.
This is a good situation, which shows that the IRA's monetary influence is expanding, and as the IRA's influence expands, they are bound to expand to a greater extent, which is definitely a favorable situation.
But this is only a local phenomenon, in other areas, the IRA banknotes are not doing better, and other transactions are difficult to trade with the IRA banknotes except for large transactions. The main reason is that the credibility is not enough, and the promotion is not enough, and many places that the imperial court can control refuse to recognize the value of this currency, even if it is very profitable and has strong purchasing power, but the Republican Army is still unable to expand the area.
That is one of the facts that this report provides. The Republican Army's banknotes should not circulate within the Republican Army's sphere of influence, as well as within the control area, and if they want to expand the Republican Army's trade volume, the Republican Army still has a lot to do, for example, to expand their broader monetary influence, it is best that the economic center of the imperial court, and the political center Luoyang, can first accept the wide circulation of paper money. In this way, the IRA's sphere of influence can be further expanded.
"Do you think it's necessary?" Shang Wu asked Jia Xu like this.
"Yes, you and I both know how big the production scale of our banknote printing plant is, if we work overtime, they will work for three months, and our banknotes will be completely inflated, and we can only maintain the war by printing paper money, and there are still war bonds of considerable scale. It is by virtue of this that we have been able to sustain ourselves to such a point that although the railroad part will bring a lot of financial expenditure, it will also increase future revenues. This is the result of high investment expectations. Jia Xu said.
"But no matter what, there is a surplus of paper money, and if these funds stay in our control area, this is an extremely dangerous thing, and we can only guide them out, to where we need them, so that our situation can become much more favorable, in short, these currencies cannot stay with us." Jia Xu said.
"I think we can explain the situation that we're experiencing in a different way." Shang Wu nodded in agreement.
"I mean, we can solve this problem in another way, for example, at the moment, we need our money to be able to expand, and before we expand by force, if our commercial power can be expanded in time, it is very successful, and the most representative of commercial success is our paper money, so that we can control the other party's monetary power. The impact of this will be very large. Shang Wu said.
"Well, at the same time, if you can exchange more copper, gold and silver, the bank's reserves will be more perfect." Jia Xu nodded and said.
The expansion of the IRA is no longer satisfied with the military alone, and if the military can be expanded and developed to a greater extent in other places, their situation will be more vigorously developed, and this is their most advantageous situation.
"I can understand some of these situations. This will be in an extremely favorable development situation for our development. Shang Wu said.
Subsequently, the IRA planned to draw up a new agreement, and they hoped that Dong Zhuo would agree to the legal circulation of their banknotes within Luoyang. As for the practical significance of circulation. A lot of people think that this doesn't actually make a lot of sense, because the situation in a very steep place doesn't say anything else.
Chen Liu.
"If we want to borrow, we have to meet some of the needs of more IRA, otherwise we won't be able to borrow at all." Xi Zhicai said helplessly that he knew too well what the Republican Army was doing. They are a group of robbers who can do business, they only think that they can use it, they can obtain greater benefits, they will maintain the possibility of sending troops, other things, they will not do such things at all, in such a situation, this is a very troublesome thing for them.
Cao Cao was a little embarrassed after hearing this, he didn't know what else he could do to borrow money, mortgage, and most of the land was about to be divided. This is still with the support of the Xiahou family to raise troops, otherwise, they will not be able to pull together an army at all.
But how to get more weapons and equipment, Cao Cao still doesn't have a clear way to do this, and he also wants to get the support of the Republican Army like Dong Zhuo.