The second version of the renminbi was quickly produced, which was designed by Li Weiguo himself.

With the Forbidden City and the four great oriental beasts Qinglong, Vermilion Bird, White Tiger and Xuanwu as the main pattern, representing the five denominations of 100 yuan, 50 yuan, 10 yuan, 5 yuan and 1 yuan respectively, it jumps on the paper, vivid, like a real painting.

This time, Li Weiguo took it seriously, took his forgery skills to the extreme, and made the watermark more clever.

At the Imperial Mint, Li Weiguo, accompanied by Fu Xuexian, the head of the household department, watched the production of new coins roll off the production line.

"Your Majesty's shot is extraordinary, this new version of the renminbi is absolutely ancient, once issued, the world will be shocked, those European and American powers who think they are technologically advanced, see this set of banknotes designed by Your Majesty, they must be ashamed and dare not see people!"

Li Weiguo listened to this kind of compliment of Chiguoguo very calmly, because he could afford this kind of glory.

However, when he thought of the fact that Britain was forging the renminbi behind the scenes, Li Weiguo did not dare to be careless and had to be prepared.

"Have you figured out the cost of making counterfeit money?"

Fu Xuexian hurriedly replied: "Report to Your Majesty, we have conducted a comprehensive analysis of the seized counterfeit money materials, and judged together with the level of British coinage, the average cost of counterfeit money per 100 yuan is about eighty-five yuan. ”

The cost of making a hundred yuan counterfeit currency is as high as eighty-five yuan, and when he heard this answer, Li Weiguo was also drunk.

However, Li Weiguo soon thought that in later generations, there were Chinese people who spent 10 million to forge 9 million yuan, and before they could sell the counterfeit money, they lost 1 million first, which was definitely the level of a cheat.

That's not a joke, it's a fact, and there is more than one case.

Of course. This refers to the private sector, and it is possible to do it if it is replaced by the power of the state.

However, that means that it is possible for countries with the same technological capabilities in the same era to counterfeit each other's currencies. The technology used by Li Weiguo is not something that the British can imitate at present, but he still does not dare to be careless, and he still makes all preparations.

"After the issuance of the new version of the renminbi. The exchange ratio has been adjusted to 2 to 1! ”

Fu Xuexian was stunned for a moment, and immediately asked: "Your Majesty, at present, the value of the renminbi of the empire is stable, and it is quite popular at home and abroad, and there are already many countries in Europe that use the renminbi as a reserve foreign exchange, because the pound, franc, etc. continue to depreciate, only the imperial renminbi is still strong and trustworthy." I wonder why His Majesty wants to lower the exchange rate? ”

Li Weiguo said with a smile: "It is a good thing that the renminbi is strong, but currencies such as the pound and the franc are depreciating. Relatively speaking, the renminbi is appreciating, which is good and bad. The advantage is that the purchasing power of the renminbi is strong, and the people can buy more things with one dollar, but for foreign trade exports, on the contrary, it is not conducive to export trade. On the other hand, if we depress the value of the renminbi, it will increase the cost of counterfeiting for those who forge. Let them lose all their money. ”

Fu Xuexian exclaimed, it turned out that His Majesty the Emperor still had this consideration. He was amazed.

However, he thought about it carefully, the current practice can indeed effectively stifle the flow of illegal banknotes into China, because with the issuance of the new version of the renminbi, the production is more sophisticated, and the British will have to pay more if they want to counterfeit it, but if the new version of the renminbi is automatically depreciated by half. The cost of forgery for the British will be doubled, and they will lose all their money.

"Your Majesty, although this can make the British lose all their money, but such a beautiful new version of the renminbi, our production cost is also very high!"

Li Weiguo smiled slightly. Said: "It doesn't matter, the RMB is directly linked to gold, although it is paper money, but it also has gold content, since it is the gold standard, it is normal for the cost to be higher, in the past, we urgently needed funds for economic construction, so although the RMB is linked to gold, it is not really equivalent, just because the RMB is too exquisitely made, far more than the pound, franc and other currencies, which makes the people accept." Nowadays we are no longer short of money, so the gold content in the RMB banknote should be equal to its market value and purchasing power. ”

Hearing Li Weiguo say this, Fu Xuexian already understood, so he didn't say anything more.

The exchange of the new and old renminbi was quickly launched, and the Imperial Bank started printing presses, mass-producing new coins using the world's most advanced printing technology, and then shipping them to banks across the country for reserves, waiting for the exchange date.

At the same time, the imperial government is also vigorously publicizing, restricting imperial citizens from bringing the original old renminbi banknotes to banks for new currency, and at the same time prohibiting the circulation of old currency in the domestic market for a limited time, and notifying governments through consulates to exchange foreign renminbi reserves within a time limit.

Although it seems that the new and old versions of the renminbi exchange work is very complicated, there are also many benefits. For example, the total amount of the old currency circulating in the market can be known through the issuance of the new version of the renminbi, so as to evaluate the economic development of the empire and formulate a suitable plan for the next step of the country's development.

On the other hand, with the advent of paper money, there are also faint signs of currency wars. The wealth that is often plundered from the enemy on the battlefield will allow the enemy to quietly take it back through a currency war without gunpowder, and even lose even more. By allowing foreign countries to exchange the new version of the renminbi within a time limit, they can know the total amount of currency they hold in the renminbi, so as to assess the potential threat factor of the renminbi in their hands to China, and know what to expect.

With the issuance of China's new version of the renminbi, the European and American powers have also revised their versions almost at the same time, abandoning the original simple currency with white paper and red letters, and all began to learn the coinage method of the Chinese people's currency, printing colorful patterns on their currencies to improve anti-counterfeiting.

In order to retaliate against China, the British government secretly carved the renminbi master, printed illegal banknotes, and imported them into China, in an attempt to sabotage China's economy and plunder China's wealth. However, with the issuance of the new version of China's renminbi, the British government had to remake the master, and the old version of the illegal banknote that had been made at a huge cost was instantly turned into waste paper, causing heavy casualties to the British government.

However, the British government is still very competitive and immediately launched the imitation of the new version of the renminbi. But they found that it was too difficult to imitate the new version of the renminbi, the paper material could not always achieve the same hardness and sound, and the watermark was even more difficult to imitate.

At the same time, Li Weiguo also launched a counterattack, he personally took action, and based on experience, he quickly forged a new version of the pound sterling, and began to forge it on a large scale and secretly export it to Britain.

A currency war between China and Britain has quietly begun. (To be continued.) )