It is true that banking business cannot be carried out at will, although many businessmen have already seen the advantages of banking business. He can bring a lot of benefits. At the same time, many things can be done better. All this is the best one outcome. But the problem is that the bank is not expanding without limits, and in some places it is subject to some restrictions. Like what. his interest rate. If left unchecked, the expansion of banks and their competition will become extremely fierce. And that's not all, there's also reserve requirements. Once a run has occurred. There will be a large number of bank failures. In that case, there will be a real economic crisis. At present, Shangwu is not able to cope with such a crisis, so to speak, the situation is still very bad. Faced with such a situation. Shang Wu really can't say anything. Because there are many situations that cannot be handled very well.

Securities trading market.

"We should be grateful to the Republican Dollar. Or a republican ticket. Li Mo said excitedly. Because according to his current transaction amount. He has transferred to the 120,000 republican votes. It was the first time he had earned so many tickets. The Securities Exchange issued a notice. All transactions are calculated using Republic dollars. The purpose of this is to facilitate trading. Handling of tax payments, etc. But all of them agree that such an approach is very appropriate. Because the previous settlement was settled by red ticket bonds. Red ticket bonds sometimes rise, sometimes fall, may be profitable today, but after the red ticket is settled. Because the red ticket has fallen. You may not have earned anything at all. What's worse is that if there is a big drop in the red ticket, it is possible to lose money. This makes many traders very dissatisfied, and they believe that there should be a kind of cheapness. Convenient. Easy to calculate

Currencies appear. Copper coins are probably one of the best base units. But the problem is that the amount of copper coins is far from sufficient for such a large-scale transaction.

On top of that, copper coins use a lot of copper resources. The military will not give in to the use of so many copper resources in the field of trading, so the best way is to use paper money, which has solved one of the biggest problems. That is, the trading of paper money will meet the needs of the market, especially the securities market, and the development of the bond and stock markets will create more of their economic value by simply metal currencies. Slow metal mining is no longer enough to meet their needs, and the only way to do that is to use such a situation to meet their development, which is what they should be doing at the moment.

A large number of banknotes are put into the securities market, and the market is fully integrated with paper money, and the settlement is settled in the yuan of the republican bill. This means that the red note will be eliminated from the market. And then use better paper money instead. That means more money coming in. The market has evolved far beyond all expectations. Of course, Li Mo didn't know this. He couldn't possibly know. Because of stocks. The history of such marketable securities as bonds has only just begun, and no one knows about it.

But the problem is, there are some people. They are naturally sensitive. They know what's going on. How to do such a situation. In this way, they will know how to develop such a situation. They use their keen sense of the market. to determine the direction of the market. In such a case. A lot of things are going to turn out to be extremely favorable.

"Yes, we are grateful for the banknotes, thanks to the Republican dollar." That's what people who make money say. And from the Luoyang speculative group, they were dejected. Because they completely pressed the wrong treasure. They went shorting in the whole way. Such losses are bound to cost them dearly. And so it is.

They didn't know they had gotten such news from a businessman. It may not be comprehensive, or it may be that they know something inside. In short, they rely on such messages to operate. They don't look at the facts. It's the insider, they think that paper money is worthless, and such a thing should go a big way. But as a result, the market came up fiercely. They were beaten severely. They suffered heavy losses. After the loss, they didn't understand why this situation happened. They don't understand why that kind of paper is accepted, according to their thinking, this kind of thing should be discarded, but why this is happening, they really don't understand why this kind of thing is happening. In such a situation, they really don't understand the situation.

Kettle off. Mountain Brigade Station.

A large number of officers were gathered in one courtyard. Zhang Xian took advantage of his experience as an instructor and gave lessons to the officers of the Mountain Brigade. Officers above the company commander level have to come here to study, and after they have studied, they have to go back to teach platoon commanders and squad leaders. So, each of them must learn.

To show the importance of learning. The red lady also sat down to study, and each of them was given two charcoal pens and two notebooks. There are very few teaching materials. It can only be done by copying. Before class. There were people carrying several blackboards into the courtyard, and all of them had to copy them. This is a job, if you can't complete such a job. will be removed. This was an order from the brigade commander.

"Damn it. What is this about? Zhang Blind said anxiously. He knew very limited words. The name is not written in a good way. Don't talk about writing.

"You just follow the drawing." Zhao Laosan sat on the side and said. He wanted to laugh in his heart. But you can't laugh out. I can only hold on. I thought these bandit officers were having fun. They have to complete their homework, and the words they know are too limited. Some simply don't know a word. But the homework can't be completed. You can't be an officer. It's a pain for them. There is no way, copy. How to copy. They learn to draw like they paint, just like they paint. It's a bit of a foundation. I can still write words. There is no bottom. It's all about drawing. He didn't even know what he wrote. The brigade commander simply tore it up. Copy other people's notes. It's just embarrassing for them. But I can't get past this hurdle. You can't be an officer.

Or be able to say what you've learned. In short, the officers were strict. Those pens, for these big and rough bandits. It's simply heavier than a cannon. I can't take it at all. This makes their situation extremely difficult.

"Damn, it's embarrassing to die." The blind man reluctantly drew on the blackboard. This blackboard was also learned from the Lijiazhuang Military Academy.

"In the last lesson, we learned the classic tactics of the Republican Army, outflanking on both flanks. The goal of outflanking the flanks is to achieve a kind of encirclement goal in the battle. Encircling the enemy means completely cutting off their logistical supplies and trapping them in a confined area. What kind of battle. Bold intersperses are needed. It takes a lot of courage to accomplish this, as both wings may be in danger of being surrounded at any moment. Without such courage, it is difficult to accomplish such a situation. Zhang Xian said.

"I say so. There will certainly be many people who will say that this does not see the merits of such a command. All right. I made a special trip to the headquarters. There I got the privilege on the telegram. Maybe you don't know what a telegram is, a telegram is the use of electricity, through a cable, to transmit some symbols, and then the symbols are converted into a special cipher and translated into what we know on the battlefield. These words will tell us what is happening on the battlefield and what is happening. Well, let's make a prediction with a bold war. Zhang Xian said.

Hear here. Many officers could not sit still. A lot of them don't know what a telegram is. But those who have heard it explain. This is the kind of thing that can send what happened in Lijiazhuang here in the blink of an eye. This came as a surprise to many, especially those bandit-born officers. They had no idea that there was such a powerful thing in the world.

"The Republican Army has adopted such a campaign advance against the Black Mountain thief Yang Fengbu, they boldly and quickly advance from the two flanks of the battlefield, and two infantry brigades quickly insert into the enemy's rear from the battlefield, but unfortunately, there are too many local refugees. The troops could not advance quickly, and they gave supplies to the refugees, after the refugee problem was resolved. I think. Strategically. The war is not over. At present, our division has concentrated the 4th Infantry Division, and the strength of three brigades of the Independent Brigade is located in the Yuanshi area. In the Zhending area, there are still more than 30,000 Montenegrin thieves. Wants to strategically achieve the threat to the Black Mountain bandits. The best way to do it. It's about going on the offensive. Zhang Xian said.

"I can make a bold guess here. With the strength of the forces we know so far, it is possible that the strength of two infantry brigades will form a real area of rapid advance on both flanks of the battlefield. There, block the enemy's retreat. In this way, our Republican Army will be able to eat more than 30,000 Montenegrin thieves in one go. The combat effectiveness of our army will be further enhanced to a greater strategic angle, so as to gain the initiative on the battlefield. Win this war. Saying that, Zhang Xian made such a demonstration on the blackboard.

"Three brigades. According to the calculation of a brigade of eight thousand people. Even if there are 25,000 people, 30,000 people will be eaten. Some of the officers said worriedly.

"That's right. It is to use 25,000 people to eat more than 30,000 enemies, the power of this tactic. Yes, there is. Zhang Xian said.

"We can bet. I bet. Our army will definitely do the same. Zhang Xian said.

"It's telegram. Subsequent telegrams will be sent here in a steady stream. You can check it at any time. Zhang Xian said.