In other words, Her Majesty's assessment is still very pertinent in a sense.

This is a dog man and a woman.

One who hyped up his railroad plans in various ways in the open.

The Liangjing Railway, the Beijing-Hangzhou Railway, the Longhai Railway, the Beijing-Guangzhou Railway, etc., more than a dozen trunk and branch railways are painted on the huge billboard in the square in front of the Great Hall of the Four Peoples, and they also carry the planned opening time. There are even mineral resources in the radiation area that indicate the amount of land that has been reclaimed, the annual output of agricultural products, various local products, the area of uncultivated arable land, and the most suitable crops. For example, the southern Xinjiang region directly marked that all the land has been reclaimed, and the annual cotton yield is undoubtedly jaw-dropping.

There are also potatoes in northern Shaanxi, olives in Longnan, and soybean sorghum everywhere in western Liaoning......

The golden light of wealth shines everywhere.

All the people who saw this huge billboard were amazed at the vast land and resources of the motherland, and they could see a thriving livelihood.

And the other is in the shadows.

Yuanyuan commanded her minions, using Yang Qingjiao's losses, making waves in the stock market to frantically arbitrage wealth, pushing the stock prices of various railways to rise almost every day, buying a stock without doing anything, drinking tea can watch it turn over and up!

Who can stand this irritation?

What's more, this is the first time that Daming has appeared in such a grand occasion.

No one can control the live sending!

Even the rich man in the ravine of Guizhou took a carriage to pull the gold and silver buried in the cellar for hundreds of years, went to Guiyang to squat, and sat in front of the Guiyang branch of the Imperial Bank every day before dawn, waiting for the exchange inside to open. And it's not just railway stocks that are skyrocketing, but all the stocks related to it, especially coal, steel, machinery, and even corporate stocks that have cultivated land, are also rising every day.

What happened to farming?

If the railway is built to Datong and the wasteland of the Hetao is planted with cotton, it will also be a source of wealth.

Even if you go to Liaoxi to grow rape, you can make a fortune.

Even if you don't make money growing rape, you can still earn subsidies from the imperial court!

As long as the railway is built, then where the railway extends, where wealth can be born, in the final analysis, if you want to get rich first build roads, a national highway has made a prosperous along the way, not to mention that this is a railway, the volume of train transportation is not comparable to horse-drawn carriages at all. Even if it extends into the Mongolian grassland, there can still be a steady stream of dairy products to the south, and with the maturity of technology in recent years, milk powder, especially candy and pastries mixed with milk powder, have also appeared more and more in families in Jiangsu and Zhejiang.

and even exported abroad.

Just like the White Rabbit Milk Candy, which can be enjoyed at the daimyo level in the Wa Kingdom, and the latter can be grateful if they give the samurai a piece of milk candy.

But milk sources are also getting tighter.

Originally, there was also the wasteland of Henan, which was originally a strategic buffer zone, and a large group of cows introduced from Europe by Huguo Gong were herded before, and even crossed with local cattle, and they already had their own breeds, but now with the resumption of cultivation in Henan, the wasteland has become less and less, and the area that can be grazed has been shrinking.

Fresh milk is also decreasing.

Where is the most fresh milk?

It must be the herdsmen of the Mongolian steppe!

Although there are also people who are cool-headed to see such potential dangers, the problem is that in the face of national fanaticism, it is useless to be sober one or two. Besides, it is clear that the Ming Dynasty has been vigorously developing in recent years, and now it can almost be said that the world is calm, and the next step must be to go all out to engage in the economy. Regardless of whether the railway is built or not, as the population continues to increase and foreign trade continues to expand, the consumption of various materials will inevitably increase, and it can be said that all business will expand. In such an era, there were almost no industries that lost money, and the sooner you devoted, the more you could make a fortune, and the whaling industry was daunting to everyone, but now those who dare to throw themselves into the ocean are all rich.

There is no reason in this situation.

In the end, the stocks that rose wildly were only matched with the brains of those investors, and the black hands behind the scenes continued to siphon out huge amounts of silver, which then continued to fill the huge treasury of the Imperial Bank. It has become a guarantee for the bank's banknotes and a source of money for the imperial court's financial loans, in fact, at this time, several old foxes in the cabinet have already smelled an abnormal smell.

But they still tacitly cooperated with Yang Qing.

The silver of the landlords' old wealth is not their silver, on the contrary, these silver can be turned into loans to the imperial court when they enter the imperial bank, and the court's ability to pay is sufficient, which must be a good thing for the officials in charge. Although the low-level means of embezzlement are strictly forbidden by Yang Qing, the problem is that Yang Qing acquiesces in the new and more advanced means of collecting money, and who will not use the power in his hands! Since this is the case, the landlords and old fortunes pay money, and through a series of complicated operations, they eventually become part of the financial expenditure of the imperial court, officials at all levels, and the protector eats meat, and everyone gnaws bones!

Who would refuse such a good thing?

In the final analysis, this is the IQ tax, a smart person layout, he collects the big head, and some other smart people take advantage of his bureau to make small heads, and the unlucky ones are those real fools.

"Isn't this the precursor to the kind of economic crisis you are talking about?"

Yuan Yuan pushed his glasses and said seriously.

"The root cause of the economic crisis is overcapacity, so do we have overcapacity?"

Yang Qing said.

"Demand outstrips supply!"

Yuanyuan said very frankly.

It is true that supply exceeds demand, especially after the land reform in the north and the liberalization of trade in Guanzhong, the sudden increase in purchasing power of more than 10 million yuan has made all the factories in the south feel like a carnival. In other words, even if the common people in the north are equipped with a pair of iron plows and a set of iron farm tools after the land reform, they have to let the private iron smelting in the south not worry about it for two years. Not to mention that there are still many people in the north who don't even have enough clothes, and one person with one piece of clothing and one pair of cotton shoes have to keep the factory day and night, this is not an export, the export is a slow growth, this is more than 10 million purchasing power suddenly smashed over.

It can be said that almost all industries are in short supply.

"That's it!

Where is there no economic crisis without overproduction?

The biggest problem of our Ming Dynasty at present is that there is still a lot of wealth hidden underground that has not been mobilized, not counting before the inflow of silver in the Americas, only in the past hundred years, the silver flowing into the Ming Dynasty from the Americas through trade adds up to no less than 20,000 taels.

And that's not even counting the inflow from the Wa Kingdom.

Iwami Silver Mountain, over the years, almost all the silver eventually reached the Ming Dynasty.

In this way, the silver stock of the Ming Dynasty must have exceeded 30,000 taels, but until now, the silver reserves of the Imperial Bank are less than 50 million, and the silver reserves in circulation on the market will not exceed 10,000 taels because of the large number of paper money to replace them. That is to say, there are at least 150,000,000 taels of silver sunk underneath, or buried in their cellars by landlords and old fortunes from all over the world.

This is obviously not going to work.

Silver buried in the ground is of no use to the state.

Only by letting them take it out and use it to open factories and mines, buy slaves and land reclamation, and only by letting this silver circulate and divert this silver to more people, can we create value for the country and contribute to our Ming Dynasty. But we can't let this silver flow into the market without control, that would cause inflation, and this silver is in the hands of the landlords, and we can't control it. So we have to find a way to get this silver into our hands, and we can control it and let it flow into the market in a way that is not only harmless, but also prosperous.

That's what we're all about.

We're not in it for the money.

Do we still need money?

The Imperial Bank's money printing press prints all money.

We want control.

Control of silver, control of finance, control of the economy.

But do they have anything to lose?

They don't have anything to lose, because the silver becomes railroad stocks, and railroad stocks will definitely bring a steady stream of wealth in the future, and they get the future, but this future is a little longer, but that doesn't change the essence of us not deceiving them. ”

Yang Qing said.

"It's the first time I've seen someone talk about the pit man so fresh and refined!"

Her Majesty said with contempt.

"Your Majesty, it's time for you to breastfeed my son, don't get involved in this kind of brain-consuming problem here!"

Yang Qing revealed his traitorous nature and said dissatisfiedly.

"Humph!"

Her Majesty gave him a blank look.

However, at this time, His Royal Highness the Crown Prince was indeed a little hungry, and Her Majesty the Empress, who had always insisted on breastfeeding, hurriedly hugged Yang Qing's son, and then used her dragon milk to breastfeed the future emperor of the Ming Dynasty surnamed Yang Mingzhu.

"This does have some side effects, such as speculators following to make money, and some factory owners and businessmen joining in stock speculation, but the vast majority of our spare time is still from those landlords. The silver in the hands of the factory owners and merchants is usually in circulation, and it is impossible for them to take it out and invest it in the stock market, which is speculation in the end, and they are already winning in industry and commerce. Only those rich landowners, they really have spare money, especially those who have made huge profits through mulberry cotton in recent years, but have not transferred to industry, and still rely on land control to reap profits as in the past. They are the ones who really have spare money and enough energy to speculate in the stock market.

Draining their purse strings will not cause economic turmoil.

Most luxury consumption was affected.

I don't doubt that they might come to Chengtianmen with a rope to accuse me, so tomorrow I'm going to renovate the gas lamps on both sides of the street. ”

Yang Qing said.

The Empress and Yuanyuan both looked at him blankly.

"I think we should stick another branch out of those lampposts, so that each lamp can become two, and it would be easier for them to hang it if they wanted, do you know what I like best? It is that all the street lamps are hung with gentry, and it is said that hundreds or thousands of people hang the street lamps together, how spectacular it is! ”

The Protector said with a wistful face.