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The Sino-Russian war continues. Pen × fun × Pavilion www. ｂｉｑｕｇｅ。 ｉｎｆｏ

The Sino-Russian war was important, but the development of the Chinese Empire was even more important.

A war between the Chinese Empire and Russia will not increase military spending, on the contrary, if the two countries go to war, the military expenditure of the Chinese Empire will not increase much, or even decrease a lot, because of the spoils of war obtained by the Chinese Imperial Army.

If the Chinese Empire and Russia had not gone to war, the Chinese Empire and Russia had a border of more than 10,000 kilometers, and in order to prevent a surprise attack by the Russians, the Chinese Empire would have to garrison a large number of troops in the Sino-Russian border area, ranging from 1 million to 500,000 at the least.

However, with so much military expansion, military spending will require a large amount of expenditure.

However, according to the current plan, if the Chinese Empire and Russia go to war, the Chinese Empire only needs to arm 20 cavalry divisions, and it can use these 20 cavalry divisions to drag Russia, not only will the war not spread to the territory of the Chinese Empire, but it will also allow Russia's national strength to continue to deplete.

Although the Asian part of Russia is vast and sparsely populated, it also has a population of tens of millions, and they have a lot of wealth in their hands, which will become the spoils of war of the Chinese Empire, which can effectively make up for the huge military expenditures, and even support the development of the Chinese Empire.

At present, the Chinese Empire is still a silver standard country, with the opening of branches of the Imperial Bank of China in various regions, people began to abandon the use of troublesome silver and copper coins, and use portable paper money, but now the banknotes issued by the Royal Bank can still be exchanged for silver in the Royal Bank.

However, with the exception of the Chinese Empire, other major powers in the world have abandoned the use of the silver standard, which also makes silver not valuable in their countries, but in the Chinese Empire, silver still has a very high value, as long as foreign silver is brought to the Chinese Empire, foreigners can easily plunder the wealth of the Chinese Empire without violating any laws.

Yan Xueyi deeply understood the importance of the currency system, and under Yan Xueyi's order, the imperial cabinet had cooperated with the Royal Bank Bank to start a comprehensive currency reform on May 1, and the Chinese empire would jump directly from the silver standard to the credit currency, without the gold standard for the transition.

On May 1 of the first year of Xinghua, a comprehensive currency reform was carried out, and a new version of the banknote with the bust of the emperor Yan Xueyi on the front began to be used, and until June 30, for two months, the citizens of the Chinese Empire must exchange all the silver and copper coins in their hands at the Royal Bank for Chinese currency, and from July 1, the Chinese Empire will completely prohibit silver and copper coins as trading currency.

After July 1, the people can also buy and sell silver freely, but the value of silver will fluctuate greater, that is to say, silver will not maintain its value in the future, when there is more silver in the Chinese Empire, the price of silver will decrease, and when there is less silver, a few will rise.

Imagine that in such a situation, the people may no longer use silver with an uncertain increase in value, but instead use Chinese currency, which is regulated by the state and has a stable value.

Of course, no matter what the circumstances, gold will still be worth more than silver, and silver will be worth more than copper.

China has a tradition of wearing gold and silver since ancient times, and even if gold and silver are no longer used as trading currency, gold and silver will still be turned into jewelry, ornaments and other items to circulate in the market, and the price cannot be as low as dirt.

The Chinese Empire did not need to rely on silver and gold reserves to issue currency, which allowed the imperial government to further control the empire's economy, and under the leadership of the imperial government, the empire developed rapidly.

In addition, the Chinese Empire does not need to rely on silver reserves and gold reserves to issue currency, and directly issue credit currency, but this Chinese currency is not issued as much as the government wants, and the issuance of Chinese currency is determined by the Royal Bank, and the Royal Bank is calculated according to the law of money circulation: the amount of money necessary in circulation in a certain period of time = commodity price × commodity circulation / unit currency circulation velocity = total commodity price / unit currency circulation velocity, how much currency to issue.

In addition, the Chinese Empire's abandonment of the use of the silver standard and the gold standard will also cause large fluctuations in the price of silver in the international market, and the price of gold will also be affected to a certain extent, after all, the Chinese Empire has become one of the world's largest countries.

Mastering the economy of the Chinese Empire can accelerate the development of the Chinese Empire, but such a development speed is still too slow in Yan Xueyi's opinion.

In the era of the great colonization of Western countries, Western countries relied on colonial blood transfusions to make the country develop rapidly, Britain had the most colonies, known as the empire on which the sun never sets, and all Britain became the most powerful countries in the world at this stage.

However, the era of great colonization has passed, and there are no blank colonies in the world waiting for the Chinese Empire to occupy, and only by waging war can the colonies be obtained, but rashly starting a war without any problems will only be rejected by Western countries, so that Western countries will unite against the Chinese Empire, and the Chinese Empire does not yet have the strength to be the enemy of the whole world.

If the Chinese Empire wants to have a faster development speed, it must have external forces to support, Germany is a nominal partner of the Chinese Empire, but Germany will not really cooperate with the Chinese Empire, and the Chinese Empire may not be able to get too much help from Germany, and the two shipyards are already the limit.

Yan Xueyi pondered and thought for several days, but was awakened by a sentence he heard by chance and came up with a very good idea.

A plan codenamed "Stealing the Sky" quickly formed in Yan Xueyi's mind.

Paper money is not a rare thing in Chinese history, the first country in the world to issue paper money is China, but China has always issued paper money has been difficult to have a good development, in addition to the rulers of the indiscriminate issuance of paper money, disrupting the market economy, there is a very important factor, that is, counterfeit money.

The ancient Chinese dynasties had very low technology in making paper money, and the paper money they issued was easily imitated, and if there were a large number of such unrecognizable counterfeit money on the market, the paper money would depreciate rapidly, and the credit would also decline rapidly.

But the previous Yan's money and the current Royal Bank are different, the banknotes it issues are very exquisite, like works of art, even the banknotes issued by Western countries can not catch up with the exquisite banknotes it issued, such exquisite banknotes are difficult to counterfeit, even if someone can really counterfeit and create counterfeit money that is difficult for ordinary people to identify, the cost of making counterfeit money is probably much higher than the value of the banknote itself.

What's more, there is Yan Xueyi, and the banknotes issued have a bright and dark anti-counterfeiting mark, and it is not so easy to counterfeit, even if there is a big country behind it, it is also very difficult.

On the other hand, Yan Xueyi, who has various advanced technologies, is very easy to produce banknotes issued by other countries, and the cost of using them is not high, and it is enough to make counterfeit banknotes that are genuine.