Although Zhou Hexuan does not understand financial economics, he really understands the recent surge in silver prices.

In the early days of the world economic crisis, the international silver price continued to fall, coupled with the abandonment of the silver standard by some countries, which caused the price of silver to fall to the bottom.

It was under this circumstance that Zhou Hexuan and Li Shoumin's father-in-law imported American silver and earned the difference in price through overseas remittances. Many people are engaged in this kind of business, and those who do not have remittances simply engage in smuggling, and the Chinese government also turns a blind eye to this.

Whether it is the use of remittances to import American silver, or the smuggling of American silver through smuggling, it is essentially beneficial to China. Although this led to the depreciation of the silver dollar to some extent, prices in China did not grow too outrageously, and it also stimulated the export of Chinese products and greatly increased the amount of silver reserves in China.

It can be said that the collapse of international silver prices in the past few years has made the Chinese government, financiers, and business owners all make a lot of money, and the common people have only suffered a little loss.

In order to get out of the economic crisis, from 1931 to 1932, 23 countries around the world abandoned the gold standard, and another 17 countries actually eliminated the gold standard. Of the major powers, only the United States and France are still holding on, with their combined holdings of 59% of the world's gold reserves.

But in 1933, Roosevelt issued the Emergency Banking Act, which banned the export and collection of gold, effectively abandoning the gold standard. In February of this year, Roosevelt implemented the "Gold Act", which caused the international gold price to skyrocket, and the silver capitalists in the United States then advocated the increase in the price of silver.

As soon as the international silver price rose, not only did Zhou Hexuan's silver import business not continue, but it also led to a large outflow of silver from China - in the past, American silver was smuggled to China, but now everyone smuggles Chinese silver to the United States, anyway, it is nothing more than to make the difference.

Silver is the common currency in China, and the outflow of silver has led to a shortage of banks, a depressed market, and bankruptcies of merchants. Now that China has attracted a wave of bank failures and business bankruptcies, 2 of Shanghai's 31 yarn mills have gone bankrupt at the moment, another 6 are about to go bankrupt, and half of Shanghai's silk mills and flour mills are on the verge of bankruptcy.

At the same time, the exchange rate of the Chinese silver dollar against the US dollar continued to rise, and the silver dollar (Dayang) appreciated by 50% in half a year.

The money in hand is more valuable, which seems to be a good thing, but in fact, it has made China miserable. Because of the appreciation of the silver dollar, the export volume of China's national enterprises has been greatly reduced, such as Tang Jishan, the king of tea, and the sales of tea have dropped sharply for several months. Foreign goods have seized the opportunity to hit the Chinese market in a big way, as the price of foreign goods has fallen in real terms as the value of the silver dollar has increased.

To put it bluntly, this is the Republic of China's version of the Plaza Agreement.

By raising the exchange rate of the silver dollar, the Yankees hit the export of Chinese products, and at the same time increased the export of American products, so that the Chinese people paid for the economic crisis in the United States. Not only that, but since the United States is a major producer of silver, the increase in the price of silver has made American silver merchants make a lot of money.

This kind of national policy cannot be solved with one mouth. Don't say that Zhou Hexuan is Roosevelt's friend, even if Zhou Hexuan is Roosevelt's own father, it is useless.

Zhou Hexuan thought for a while and said, "Chairman of the committee, I don't have the slightest confidence in this, I hope you won't be disappointed when the time comes." ”

"Just do your best." Chang Kaishen was also in a hurry to go to the doctor, so he asked Zhou Hexuan to help.

The Nanjing Nationalist Government has made representations with the United States several times, but the Yankees have always avoided talking about them. The Ministry of Foreign Affairs hoped that the US government would issue a diplomatic invitation to send Soong Ziwen to Washington to discuss the matter, but the Yankees also did not reply, and finally they were pestered and had no choice, so the Yankees said: "It's okay to invite Soong Ziwen, but he can't talk about silver when he comes to the United States." ”

The Yankees have made their attitude clear, in order to restore the American economy, the Chinese should die!

Zhou Hexuan stretched out two fingers: "Chairman, I can't go to Roosevelt with empty teeth, I hope you can do two things to cooperate." ”

"Please." Chang Kaishen said.

Zhou Hexuan turned into a "big traitor," he said: "First, invite the Japanese foreign minister to visit China, actively promote the false appearance of Sino-Japanese friendship, and accept Japan's loan assistance to China. Of course, these are all fakes, but they must be made to look like they are real, and the chairman should know how to operate them. ”

"I understand." Chang Kaishen nodded and said.

Historically, Chang Kaishen did the same, but he was forced by the United States to do it in a hurry. In February next year, Chang Kaishen and Wang Zhaoming jointly advocated Sino-Japanese friendship and banned non-governmental anti-Japanese movements.

It's a pity that Chang Kaishen and Wang Zhaoming bore the infamy of national thieves in vain, and the Yankees were not moved at all.

Zhou Hexuan also said: "Second, the monetary reform was announced, and the silver standard was abandoned. ”

Chang Kaishen shook his head and said: "It is impossible to give up the silver standard, and China is bound to be in chaos." As for monetary reform, it was started a few years ago, but there was a very real difficulty. ”

"What difficulty?" Zhou Hexuan asked.

Chang Kaishen smiled bitterly: "The treasury is empty, and the government can't come up with enough reserves. ”

Zhou Hexuan has 10,000 sentences in his heart to talk about his mother's selling criticism, telling you to fight all day long, and now it's okay, you can't even take out the reserves for monetary reform.

Zhou Hexuan thought for a while and said: "Released the news to the outside world, saying that China will fully exchange paper money, and as for the reserves, ask the Japanese for help!" ”

Chang Kaishen was immediately anxious: "You are drinking to quench your thirst!" Asking the Japanese to help carry out currency reform is tantamount to putting all Chinese money in the pockets of the Japanese, and they will suffer great losses in the future war. ”

Zhou Hexuan smiled: "Fake, what I just said are all means to confuse the Yankees." China wants to carry out currency reform, the Japanese can't look for it, the Americans can't rely on it, so they can only ask the British for help. ”

"British?" Chang Kaishen didn't understand for a while that his relationship with Britain had always been bad, so he was engaged in asking the United States for help when something happened, and he didn't think about anything to the British at all.

Zhou Hexuan had some understanding of the fiat currency reform of the Republic of China, and the Nanjing government wanted to ask the United States for help in history, but the Americans simply ignored it. The Japanese are very active, but no fool dares to cooperate with Japan.

As a result, the British took the initiative to stand up and sincerely helped the Nanjing government to complete the fiat currency reform.

Zhou Hexuan reminded: "The price of silver has soared, the Chinese market is in turmoil, which power has suffered the most losses? ”

"Of course it's the UK," Chang Kaishen came back to his senses and said with a wicked smile, "Niang Xipi, you are still cunning enough, you are cunning enough, and it is a set of eye medicine for Americans." ”

"Then it's decided, and when the chairman is ready, I'll go to the United States in September, and then to the United Kingdom in October. You and Wang Zhaoming are responsible for dealing with the Japanese and trying to confuse the United States and Japan. Zhou Hexuan said with a smile, Xiang Zhejun's wedding in October was not able to participate.

Chang Kaishen took the initiative to say: "If you go abroad with sincerity and peace of mind, I will suppress the public opinion in the newspaper to ensure that no one dares to say bad things about you again." ”

"Then, I'll say goodbye first and go back to Tianjin to settle down my wife and children." Zhou Hexuan clenched his fists and said.

After Zhou Hexuan and Jiang Baili left, Chang Kaishen sighed to Song Meiling: "Baili and Mingcheng are all national soldiers. One is a strategist with a thousand soldiers, and the other is a diplomat with insight into the world. If both of them can be used by me, plus Zhu Jiahua, who is engaged in internal affairs, and Song Ziwen, who is engaged in finance, then I have guarantees in military, diplomatic, internal and financial affairs, so why worry that the world cannot be pacified? ”

Song Meiling asked curiously, "Does his method really work?" I hear it in a fog. ”

Chang Kaishen explained: "The soaring price of silver was caused by the American silver group, and even Roosevelt was kidnapped by the silver group, and according to the conventional diplomatic methods, it has no effect at all." Therefore, we must make a false appearance of friendship with Japan and make Americans nervous. And the Japanese will definitely fall for it, because Japan is planning to control China by aiding China, turning China into a raw material supply base and a commodity market, and even controlling China's financial economy. The Japanese have been tempting for the past two months, but I just haven't accepted it. After counting the United States and Japan, we will pull the British in with one shot, so as to ensure that both Japan and the United States are in chaos. At that time, China will have the confidence to speak. ”

Song Meiling's eyes rippled when she heard this, and she clapped her hands and said: "He is really shrewd, playing with the United States, Britain and Japan between applause." ”

Chang Kaishen smiled: "That's why I said that he has insight into the world." There are so many talented people under my command who either wag their tails and beg for mercy from the Americans, or advocate treating the Japanese as dogs, and none of them think of playing against the British. Including me, I missed the British. ”