Chapter 618 The RMB that flew in with the pit

Many years ago, when the Entente and the Allied bloc were confronted by each other, Britain, France, the United States, Russia, Japan and other countries secretly bought renminbi on a large scale in order to defeat the Chinese Empire, attempting to sell it on a large scale at a critical moment, and then disrupting the financial and currency market of the Chinese Empire and achieving an ulterior secret. Pen, fun, pavilion www. biquge。 info

At that time, the Chinese Empire was alert in advance, so it quickly took emergency measures to crush the sinister intentions of the Entente bloc.

However, with the end of the world war and the collapse of the entire Entente bloc, the Chinese Empire focused all its energy on dealing with the German Empire, always paying attention to all the development of the German Empire, and the complete blockade of the German Empire made it impossible for the German Empire to obtain a large amount of RMB foreign exchange reserves, and it could not pose a financial threat to the Chinese Empire.

It was precisely this that caused the Chinese Empire to ignore the foreign exchange reserves of countries such as the United States, England, and Japan.

Since the Chinese Empire controlled the United States, England, and Japan, and the Chinese Imperial Divine Army was stationed on the territory of the three countries, most of the important military and political decisions of the British, American, and Japanese governments needed to be reported to the Chinese Empire for approval before they could be implemented, which further led the Chinese Imperial Government to ignore the British, American, and Japanese powers, and subconsciously believed that they could no longer be threatened.

So when Tang Shaoyi suddenly raised this question, the entire court was shocked.

Li Weiguo also guessed what Tang Shaoyi wanted to express, but he had to admit that he also despised the huge foreign exchange reserves of Britain, the United States and Japan.

"Tang Aiqing's worries are very necessary, does the cabinet have any solutions?"

Li Weiguo praised Tang Shaoyi and turned to the cabinet to seek a solution.

Zhang Peilun and Shen Xiaochuan looked at each other, and they were all very embarrassed, and the economic problem was pointed out by the foreign minister, which was very embarrassing.

However, Li Weiguo asked, even if Shen Xiaochuan and the others lose face again, they have to quickly come up with countermeasures.

Fortunately, Zhang Peilun has rich experience in politics, and Shen Xiaochuan, although he has less qualifications, is a doctoral student at Imperial University of Finance and Economics, and there are many solutions to this kind of economic problem.

As prime minister, Zhang Peilun spoke first.

"Returning to Your Majesty, I think that the solution is very simple, just to exert political pressure on the Cleveland government of the United States, the English Morale Ross government, and the Katsura Taro government of Japan, and force the three governments to use their foreign exchange reserves to buy the goods of the empire, so that the foreign exchange reserves of the three countries can be quickly reduced and the crisis can be resolved."

With Zhang Peilun's buffer, Shen Xiaochuan also has a coping strategy.

"Your Majesty, the minister seconded Lord Zhang's proposal, which is the most direct solution. However, the minister also thought that the governments of Britain, the United States, and Japan might not agree, and even if they did, they might not be happy, and they might make small moves, deceive their superiors and subordinates, and even disperse their renminbi foreign exchange reserves among non-governmental organizations, which will be even more difficult to supervise at that time. ”

Li Weiguo nodded and asked rhetorically, "What about your suggestion?" ”

Shen Xiaochuan explained: "The minister proposes to immediately lower the exchange rate of the renminbi and devalue the renminbi by 100%, so that the foreign exchange reserves of Britain, the United States and Japan, which are close to 10 billion yuan, will lose more than half, and the purchasing power will be reduced, and the threat to the monetary and financial stability of the empire will be greatly reduced." ”

As soon as the words fell, a minister immediately raised a question.

"The RMB has doubled, Lord Shen, are you kidding? The total economic volume of the empire has reached 80 billion yuan, and the value of securities is 200 billion yuan. ”

This is by no means alarmist.

Although any country will constantly depreciate its own currency, this is a special system of exploitation, and it is the most important way for the state to exploit the common people, but there must be certain restrictions.

For example, the fiat currency of the Republic of China era depreciated by 2,000% in one year, and the result was the fall of Lao Chiang. In later generations, the renminbi depreciated by 300% in 30 years, and although the people were not happy in their hearts, it was within the range of patience.

Now Shen Xiaochuan is demanding a 100% depreciation of the renminbi within a month, saying that the people's assets will shrink by half within a month, which is very dangerous.

Li Weiguo also frowned, but did not speak, but wanted to listen to Shen Xiaochuan's explanation, after all, Shen Xiaochuan is the maiden family of Shen Ziyan, the queen of the East Palace, and he doesn't look at the face of the monk to see the face of the Buddha.

Shen Xiaochuan then explained: "Although the assets of the citizens of the empire will shrink, we can compensate them. A 100% depreciation of the renminbi would mean that the Imperial Bank would need to immediately issue a total of 80 billion renminbi. This is a huge amount of money, the imperial government does not want a penny, all in the form of red envelopes to the people of the empire. In this way, the increased issuance of currency by the empire was directly given to the people of the empire, and although the value of the currency was doubled, there was no loss of assets for the common people. Instead, the value of the renminbi held by overseas countries has doubled, because the imperial government will not give them money. ”

I see!

Including Li Weiguo, everyone in the court nodded one after another, this is indeed a good way to solve the problem.

Even Li Weiguo had to praise Shen Xiaochuan, you must know that in China in later generations, the renminbi continued to depreciate, but except for the Macao Special Administrative Region to give red envelopes to Macao compatriots during the New Year, the mainland government has never pulled out a dime.

According to Shen Xiaochuan's proposal, even if the renminbi depreciates, as long as the over-issued renminbi is subsidized to the people, then the people's assets will not shrink, on the contrary, only the renminbi flowing into foreign countries will really depreciate and shrink.

This is a typical financial means to pit foreigners!

Li Weiguo couldn't help but be amazed.

"Yes, Shen Xiaochuan, your proposal is very good, I approved it!"

"In addition, Zhang Peilun's proposal is also good, it can be implemented together, and the two-pronged approach will force the United Kingdom, the United States and Japan to spend all their foreign exchange and completely solve the potential threat."

Tang Shaoyi listened silently, although he was the foreign minister of the Imperial Court, if he wanted to climb up, he had to always show his talent and value.

So, Tang Shaoyi said to Li Weiguo again.

"Your Majesty, although Britain, the United States and Japan want to suppress it, they also have to guard against other countries, and they must prevent them from secretly exchanging foreign exchange with the German Empire."

Li Weiguo nodded and said, "Yes, you can't let go of any potential threat, especially against the German Empire, you must strictly guard against it, and you must not slack off." Tang Shaoyi has made a great contribution today, and I will reward you with one or two red robes for encouragement. ”

"Thank you, Your Majesty!"

Tang Shaoyi hurriedly saluted and thanked her, and the beauty came out with a big snot bubble.

The other civil and military officials were envious and jealous, and looked at Li Weiguo pitifully, but unfortunately Li Weiguo did not react.

The increase in the issuance of renminbi was carried out in secret, and when the Imperial Bank prepared 80 billion yuan, it immediately sent New Year greetings to the people of the whole country in the name of Li Weiguo, the Emperor of Guanghua, and distributed red envelopes.

The amount of this red envelope is ostensibly distributed according to the number of people, contributions to the empire, etc., but in fact, it is calculated according to the total fixed assets, salary income and savings of each citizen of the Chinese Empire, and this is used as the standard for distribution, so as to ensure that the personal assets of the people of the Chinese Empire do not shrink to the greatest extent.

At the same time as the distribution of red envelopes, the Imperial Bank suddenly announced that it had lowered the ratio of RMB to gold, which was previously 1:50 for one tael of gold to RMB, and after the depreciation doubled, the ratio of RMB to gold became 1:100 for one tael of gold for RMB.

As soon as the news came out, friends from all over the world were stunned.

The first to cause a huge repercussion was the people of the Chinese Empire, and many companies and individuals who invested in securities, government bonds, and bank deposits meant that their renminbi assets had shrunk by half. But fortunately, the imperial government is also giving them red envelopes, and the total amount of red envelopes is actually compensated according to the original price of their assets shrinking, so these people are just startled.

Most of the affected people are wage earners, who are paid a monthly wage, and as the renminbi has shrunk by half, their consumption spending has doubled sharply. The imperial government treated such people with a salary increase in addition to giving them red envelopes as compensation, so it quickly calmed down the hearts of these people and did not cause a big mess.

Of course, there are still very few unfair distribution of red envelopes, but it will not affect the overall domestic environment of the Chinese Empire, and in these individual cases, local governments and parliaments will financially compensate such minority groups according to the court's ruling.

In short, the government of the Chinese Empire will never let the people of its own country suffer losses.

However, no matter what the Chinese Imperial Government does, what decisions it makes, if it is not profitable, it is not okay.

This time, the Chinese Imperial Government did not make an extra penny from the people of the empire, so it was unbalanced in its heart.

Fortunately, there are also foreigners who hold a large amount of renminbi, totaling about 15 billion yuan, which is a huge amount of money that the Chinese imperial government has doubled.

The Imperial Bank estimated that the rest of the world held about 15 billion yuan, so after removing the 80 billion yuan for domestic use, the Imperial Bank issued another 15 billion yuan.

The 15 billion yuan was properly allocated to the Ministry of Finance of the Chinese Empire, and was directly used for the construction of the national economy, education, medical care, and military and national defense construction, as well as the doubling of scientific research funds, focusing on the construction of nuclear power plants and the research and development of enriched uranium for nuclear weapons.

The large appropriation of 15 billion yuan made the officials of the military and political departments of the Chinese Empire properly excited for a long time.

Just as after the First Sino-Japanese War in history, when Japan received a huge indemnity of 280 million taels of silver from the Qing Empire, it didn't know how to spend it in the face of such a huge indemnity.

At this moment, in the Chinese Empire, many departments that usually have little appropriation, their budgets are already small, and they have few projects, and they suddenly receive huge allocations, and they don't know how to spend them for a while.

The Chinese Empire is sour in all fields, but in other countries around the world, it is crying at this moment, scolding his father and mother so angry that he vomits blood.

The sudden depreciation of the renminbi of the Chinese Empire pitted the people of the whole world except the people of the Chinese Empire, and all countries that hoarded a large number of renminbi were pitted miserably this time. All foreign individuals who bought renminbi on a large scale lost at least half of their capital, and were chased and killed by creditors all over the streets, and countless people were forced to jump off buildings.

In Washington, in the presidential office of the rebuilt White House building, Cleveland was stunned when he learned the news, and did not move for half an hour, not even blinking his eyes.

In recent years, under the leadership of Cleveland, the United States has tried its best to curry favor with the Chinese Empire, and has received a lot of care from the Chinese Empire, and its economy has recovered relatively quickly.

The United States was already rich in resources, and during the post-war reconstruction work, it received a large amount of financial assistance from the Chinese Empire.

Attracting foreign investment was a means of rapid development in the United States after the war, and Cleveland directly issued permanent residence visas to citizens of the Chinese Empire, and even obtained American citizenship as long as they invested more than 1,000 yuan.

However, the citizens of the Chinese Empire are proud and do not like American citizenship at all, so most of them get permanent residence visas. But the investment in the United States is real, after all, the United States is rich in resources, especially the United States' agriculture, animal husbandry and forestry and mining are the most developed, the rising population of the Chinese Empire needs huge amounts of food and meat, the Chinese Empire has strict regulations on cutting timber, the cost is high, and the American timber is cheap, especially for the Chinese Empire, the citizens of the Chinese Empire have privileges in the United States, above the American people, so it is easier and cheaper to cut down trees and mine.

Exchanging resources for foreign exchange was the main economic decision of the Cleveland government, relying on the huge agricultural, forestry and animal husbandry markets of the Chinese Empire to exchange huge amounts of foreign exchange for the United States.

The U.S. government actually holds at least 5 billion yuan in foreign exchange, and nearly 5 billion yuan in the hands of American businessmen.

Cleveland is indeed not at ease, but he is not stupid enough to dare to use the renminbi against the Chinese Empire, but he just hopes to use the huge renminbi foreign exchange reserves to negotiate more terms with the Chinese Empire.

As a result, with the sudden announcement of a 100% depreciation of the renminbi by the Chinese Empire, the Cleveland government's foreign exchange reserves of 5 billion yuan shrank by half in an instant, leaving only 2.5 billion yuan of purchasing power from the original 5 billion yuan.

Thinking of the 5 billion yuan foreign exchange reserves of the American people, which have also shrunk by half, Cleveland is instantly stupid.

Far away in the Prime Minister's Office at 10 Downing Street in London, Ross also had the same expression as Cleveland.

The British Empire was now in decline, and all overseas colonies had been robbed by the Chinese Empire, leaving only the British Isles, which depended on trade with the Chinese Empire to make a living.

In the eyes of the Chinese Empire, there are very few things that the British can look at, but Britain's strategic position in Europe makes the Chinese Empire have to pay attention to it, and it has to invest in Britain on a large scale, so Britain also has a large amount of RMB foreign exchange reserves.

Unlike Cleveland, who was the president of the Chinese Empire, Ross was the British prime minister who was captured by the Chinese Empire and forced to be a traitor, apparently with hatred.

Ross always wanted to provoke a Sino-German war, so maybe the British Empire would have a day to rebuild, he knew that the German Empire was seriously short of RMB foreign exchange, so he often secretly helped the German Empire smuggle RMB.

This time, the Rus' government took the lead, and a group of bold British businessmen bought hundreds of millions of yuan of government bonds from the Chinese Empire at a high price, ready to sell them to the German Empire at a higher price.

As a result, before the deal was completed, the Chinese empire announced a sudden doubling of the value of the renminbi.

The renminbi, which was originally bought at a high price, instantly shrank by more than 1.5 times in Rose's hands, which suddenly made Ross and those bold British businessmen lose all of a sudden.

"Fack!"

Rose was silent for ten minutes, then suddenly scolded, and then spurted three liters of blood in anger and collapsed.