Chapter 507: Currency Wars (4)

The so-called "Huaxia five-baht coin" is simply an unexpected joy for countries lacking hard metals in this era, and countless Wei people are discussing the "Huaxia five-baht coin".

"I think that the true value of the 'Huaxia five-baht coin' is definitely above the ordinary five-baht coin, and one can be at least three or more."

"It's only worth three? You're a little illiterate.

Generally speaking, a hundred steel knife weighs about two catties, if this kind of money is really made of steel, then the value of its material should be at least the same as that of a hundred steel knife.

In other words, the value of the materials used in the two hanging Huaxia five-baht coins should be almost the same as a hundred steel knives.

And the price of a hundred steel knives in the market is more than 15,000 yuan, which means that these two Chinese five baht coins are equivalent to 15,000 yuan.

Converted, the true value of this Huaxia coin is equivalent to more than 40 times that of an ordinary five-baht coin.

Even if the cost of building a steel knife is removed, there should be no problem with this Huaxia five-baht coin worth thirty ordinary five-baht coins. ”

"What? One could be worth thirty coins, but where they sold the salt, they exchanged it for coins of the same weight.

I also asked people to exchange some, and judging from the exchange situation, one Huaxia coin can be worth the weight of three to five ordinary coins.

Does this mean that there is a big spread in between? ”

"It shouldn't be wrong, I just don't know what this Huaxia Kingdom wants to do?"

"Don't they know the true value of these coins?"

"Using stainless steel to cast money, it may only be possible for the wealthy Huaxia Kingdom to do it.

You see the madness with which they bought salt before, as if the money was like dung, and in one day they squandered at least 100,000 yuan or more. ”

"Then can we exchange more points and go elsewhere to make a profit?"

"The question is, will people elsewhere approve of this kind of money?"

"You're stupid, even if they don't recognize this kind of money, we can't be wrong to sell it as steel."

"The price of a pound of steel is at least more than 10,000 yuan, and if we use ordinary copper coins to exchange, we only need to exchange for a pound of steel at most.

As long as you can get rid of it smoothly, this is an income of nearly 10,000 yuan. ”

"Yes, even if you can't find a suitable way, at least this five-baht coin is much better than the other coins in terms of value preservation, because any polishing will leave marks on it."

"It's not just the value of the money itself, it's the top-quality snow salt, if it is sold in any other city, it won't be at this price, at least it can be doubled."

"According to what you say, we should exchange all those copper coins at home for Huaxia five-baht coins, so that it will retain its value, right?"

"But they also have a rule for exchanging coins, and everyone can only exchange at most a consistent amount per day."

"Why is that?"

"It is estimated that the amount of Huaxia money they minted is not very large, so they can only use the method of controlling the amount of exchange to ensure that there is money available every day, right?"

"But there are several of them, and I go to each store to exchange them once, so he can't find out, right?"

"Alas, someone has already done your idea, but the strange thing is that no matter which shop he exchanged coins, he will be recognized in the second shop, I really don't know how these Chinese people did it."

Li Yan was originally prepared to refuse, but Wei Minsheng felt that in order to expand the influence of Huaxia's five-baht coin, any society outside Huaxia would have to hype it up as long as there was no smooth information sharing mechanism.

The purchase restriction is a good way to speculate, artificially creating the "illusion" that supply exceeds demand, and continuing to maintain the popularity of Huaxia five-baht coins at a high level.

In the real world, purchase restrictions are a very widespread method of interfering with the normal mechanism of the market, especially those middle-aged and elderly people who have experienced the era of material shortage, and the sense of crisis and precautionary measures have already penetrated into their bone marrow.

Based on their own countless personal experiences, they have summed up a tried-and-true experience, and where the government restricts, they must do everything possible to break through this restriction.

For example, license plates, such as real estate, such as household registration......

Due to the influence of a basic national policy, the huge middle-aged and elderly class accounts for almost the vast majority of the entire social population.

In some places, middle-aged and elderly people account for three-fifths of the total population.

Any purchase restriction policy, as long as these groups of people join, can increase the originally low demand by several times, thereby seriously affecting the relationship between supply and demand, and ultimately affecting normal demand, increasing the price of assets.

Because of this, they can always benefit from the purchase restriction process, even if a few do not let go in time and cause losses, it can only be attributed to greed, rather than reflecting on whether the purchase restriction policy is correct.

The premise of this deformed way of making profits is that there is an asymmetry of information between supply and demand, and even managers do not know how big the gap is in a certain demand.

In the Chinese and real-world Tuvalu Special Districts, managers can clearly know the quantity of any kind of demand and make scientific predictions, so it is impossible to appear in such a society based on adequate information sharing.

Li Yan knew the number of these coins well, and he also knew the true value of these Huaxia five-baht coins.

But these Wei people, their ancestors have been living in this era of material scarcity for generations, and they never thought and did not dare to think that one day there would be an extremely rich situation of materials.

The complete asymmetry of information between Li Yan and Wei Guoren led to a run on the five baht coins in Huaxia.

You have to limit the amount of money that can only be exchanged per person per day, so I'll go out with the whole family and line up every day, so you won't have anything to say.

As a result, outside the shop where every Chinese person sells snow salt, there is a queue of dozens of meters every day.

With the intervention of those Wei soldiers, no one dared to make trouble outside these shops.

Therefore, these neatly lined teams have also become a scenery in Xiangyang City, constantly expanding its influence.

At the beginning, when the store exchanged coins, it was necessary to determine how much Chinese money could be exchanged according to the amount of coins in the hands of the people.

But later, they changed their approach, and in the morning they put 162 Huaxia five-baht coins directly on one side of the scale, and those who wanted to exchange coins directly put the ordinary five-baht coins on the weighing pan on the other side.

As long as the two sides are balanced, they will pick up a string of new money and leave.

In the afternoon, it was only for the ordinary people who exchanged less than 50 Chinese coins, because most of these people came to buy salt.

Although it is more convenient for those merchants to find the exchange of fake heads, expanding the influence of Huaxia money is the main purpose of their trip, so they must take both.

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