Feng Tian wants to make waves in the silver market, because he knows that the United States is going to calculate China and frantically raise the price of silver. Pen, fun, and www.biquge.info

In this world, countries are originally calculating each other, and the rest is to see who has the ability, often the big countries and the strong countries calculate the weak and small countries. Of course, there are exceptions, such as China being a big country and the object of frequent calculations by others.

The United States is a country where interests come first, that is, the so-called merchant country, and its interests are greater than everything.

Chinese culture, dominated by Confucianism, despises profit.

In fact, this is an alternative in the world, and it is also a relatively nice word.

So, what's not to be nice to say?

Fool!

In this case, if people don't count you, who else will they calculate?

However, Feng Tian is different, and he knows this period of history.

Calculate, huh?

That's good, keep calculating, I'm not against it.

In Feng Tian's view, this is a great opportunity, it is simply an opportunity to send money and make a fortune.

The Americans want to calculate China, and Feng Tian just took advantage of the problem to play and add fuel to the fire, so that the silver market can get out of a magnificent market, and Feng Tian will take advantage of the crazy time of the silver market to fish in troubled waters and make a lot of money.

Feng Tian was afraid that there would be no chance, and he would never let go of the opportunity.

If this is not the case, what does Feng Tian rely on to make a fortune?

Counting on his own funds to drive the market, hehe, there is not even a door.

Fengtian must use his strength to take advantage of the situation in order to realize his desire to make a fortune on the world stage.

Besides, Americans don't have a good heart in the first place, so why be polite to him, and feel sorry for their conscience if they don't do something.

Feng Tian has never had a good impression of the United States.

The so-called democracy of the United States is nothing more than a tool, a means to mess with other countries.

If Feng Tian didn't even understand this, then like some ignorant people, he was just a little white who was blindly coaxing.

In later generations, how many countries did the Americans collapse in the name of democracy?

This kind of thing has been seen a lot.

Historically, most countries in the nineteenth century practiced the silver standard.

At the beginning of the twentieth century, however, countries abandoned the silver standard in favor of the gold standard.

Among the world's major powers in 1930, with the exception of a few countries such as China, Mexico, and Spain, which were still practicing the silver standard, silver in other countries became an ordinary commodity.

This leads to a serious problem, that is, the Chinese monetary system, which uses the silver dollar as the main currency, is bound to be unstable due to the rise and fall of the world silver price. The price of silver has fallen, and these countries have strong exports, weakened purchasing power, and relatively low imports.

Once the price of silver rises, on the contrary, the buying and selling power naturally increases.

In later generations, as the largest silver-user country at that time, China's annual silver production was not high.

Once the international silver price fluctuates too drastically, it is bound to seriously affect the stability of the country's currency value and the operation of the entire economy.

For example, in the decade before 1928, the international silver price was relatively stable.

But in the wake of the world economic crisis, silver prices have fallen for four consecutive years.

It was against this background that the speculators and banks in China in later generations took advantage of the US Silver Act to buy silver for speculation, with an amount of nearly 300 million yuan.

This is an absolute disaster for China.

First of all, it will cause a large loss of silver in the country, causing financial instability.

In addition, the high price of silver has caused a large number of foreign products to flood the domestic market, forming a de facto dumping and causing domestic companies to go out of business.

This period in later generations has indeed caused great harm to China.

I'm afraid there is no such opportunity in this life, the little butterfly of Fengtian began to lay out in 1932, and when the United States promulgated the Silver Act, it was too late for these speculators to wake up, I wonder if Fengtian will leave them a mouthful of soup?

After abandoning the gold standard, the United States enacted the Silver Act (also known as the Silver Acquisition Act) in May 1934, which was a bill by the American silver syndicate to lobby President Roosevelt to pass a bill to condone the activities of the silver syndicate in order to raise prices.

The aim is to increase the price of silver and manipulate the world silver market by nationalizing silver and purchasing silver in large quantities at home and abroad.

On the surface, this move of the United States is aimed at pleasing the domestic silver mining capitalists, but in essence, it is stimulating the purchasing power of the countries on the silver standard by raising the price of silver, so as to help dump the surplus products of the United States into these countries and alleviate the economic crisis of the country.

As US President Herbert Hoover put it, "The purchasing power of China and India, which depends on the price of silver, has now suffered."

When the Silver Act was enacted, the price of silver in the U.S. market reacted quickly, quickly breaking through $0.8, an astonishing rate of rise.

But this could not stop the enthusiasm of speculators to enter the market, and the big conglomerates, big bankers, speculators and the US Treasury were all buying in a frenzy, and the trading volume reached an astonishing level, pushing the price of silver in the US market to more than one dollar in one fell swoop.

Following this trend, the upper limit set by the Silver Act will soon be reached.

The main content of the Silver Acquisition Act is to authorize the U.S. Treasury to purchase silver in domestic and foreign markets until the price of silver reaches 1 per ounce. $29, or 1/3 of the Treasury reserves, is worth 1/3 of the gold reserves.

The Treasury has broad discretion in the acquisition process (the Silver Acquisition Act is more detailed as follows: Purpose: to raise the price of silver; The value of silver, which is used as a currency reserve, is increased to 1/3 of the value of gold as a currency reserve, and silver bonds are issued. Measures: The Treasury Department determines the timing and terms of the purchase of silver in the domestic and foreign markets, depending on whether it is in the public interest of the United States; When the price of silver rises to 1 per ounce. When 2,929 meters or the value of silver used as a monetary reserve reaches 1/3 of the value of gold as a monetary reserve, the purchase of silver shall be stopped.

However, now that there is no shadow of the Silver Bill, the price of silver has begun to rise gradually, and it is clear that someone is quietly absorbing silver in the market, and I don't know what the price will be when the Silver Bill comes out.

At this rate of increase, the price of silver will definitely come out of the big bottom after a while, forming an upward trend, which will trigger the entry of the follow-up market.

If this trend holds, whether at home or abroad, waiting until next year to buy silver, I am afraid that the profit margins will be greatly reduced.

Of course, as the main currency of reserves, there should never be too little, even if the price is high, the US government has to buy it.

Among the many reasons for raising the price of silver and promoting the Silver Acquisition Act, the "Chinese market" is also an important topic.

On their side, China was a large country that still used silver as currency at that time, and there was a large accumulation of silver.

Although the Chinese government demanded the abandonment of the silver standard in 1928, China was the only major country at the time that de facto still adhered to the silver standard due to the boycott of China's domestic banks and the domestic habit of using silver as currency.

China is also the most populous country in the world, and raising the price of silver will increase China's foreign purchasing power, open up a vast market for American goods, and can sell the surplus of automobiles and wheat in the United States, which will help the United States get out of the economic crisis at that time.

On the other hand, it is believed that raising the price of silver can be used to hit China's industry and weaken the competition between Chinese and American goods.

Because of the low price of silver, China's purchasing power is low, and Chinese can only buy cheap goods from their own country, which will inevitably promote the development of Chinese industry and reduce the sales of American goods in China, making China the "most destructive competitor in the world market" of the United States.

Of course, this kind of talk is just the clamor of some congressmen, and according to the scale and level of China's industry at that time, it could not have an impact on the United States at all. Of course, there will definitely be an impact on the sales of American products in China.

If the price of silver is raised, it will increase the value of China's currency, increase the cost of China's industrial products, and weaken the competitiveness of Chinese products, which will benefit American entrepreneurs and farmers.

Historically, after the promulgation of the Silver Act in the United States, it did cause fatal damage to China's industry and agriculture.

The rise in the price of silver has directly led to the exuberance of the purchasing power of silver coins, and the price of American products will be cheaper than that of Chinese products, and American companies will take this opportunity to dump their products on a large scale, which will inevitably cause Chinese companies to overstock their products and even go bankrupt.

At the same time, there will be a massive outflow of silver coins from China, and the economy will be in trouble.

I am afraid that the situation in this life is different, because Fengtian has opened a large number of factories and enterprises in the north, and the products produced are dumped at low prices in the mainland. Western products simply cannot compete with it, and silver coins naturally do not go into the pockets of Westerners.

The Northland is like a pumping machine, and the silver dollar currency of the Central Plains is constantly flowing to the Northland, which causes the silver dollar in the Central Plains to continue to decrease.

Moreover, this phenomenon continues and shows no signs of stopping.

The silver dollars circulating in the Chinese market include the Sichuan coin, which was minted in Sichuan, a silver coin with the head of Yuan Shikai printed in 1914, commonly known as "Yuan Datou", and a silver coin issued in 1912 with a sideways portrait of Sun Yat-sen.

This year, the Nationalist Government issued a silver coin with a sail, commonly known as "Boat Ocean".

Among these silver coins, Yuan Datou is the largest in number and is widely circulated.

According to rumors, in view of the extreme lack of currency in circulation in the market, the central government is ready to enforce the paper money printed by the four major banks, called legal tender, or legal tender for short.

This move should have taken place in the original history of 1935, because the little butterfly instigated it and seemed to go off the rails.

The amount of currency issued is determined according to the amount of gold reserves held by the bank or the amount of hard currency it has, and the central government's gold reserves do not seem to be abundant, which determines that the gold content of these fiat currencies is not high.

Therefore, at the beginning, Feng Tian only recognized silver coins, which was quite discerning.

Although Northland's products are cheap, Northland does not accept banknotes other than silver coins in the Central Plains market, which will inevitably cause the issued banknotes to be worthless.

A currency can't buy a product, is that still called a currency?

Probably not only the North does not recognize this kind of banknote, but probably even Western countries will not be cold to this currency.

Therefore, it is not that the bank can print as much currency as it wants.

If you don't print money according to the rules, it will inevitably cause the currency to depreciate wildly, and then form a piece of waste paper.

The central government also prints banknotes to recover silver coins for state ownership.

A one-dollar note was exchanged for a one-dollar silver dollar, and the hard currency was in the hands of the National Bank.

In 1929 a serious economic crisis broke out in the capitalist world, which was unprecedented in the history of capitalism in terms of its spread, depth of destruction and prolongation.

In 1931, due to the deepening of the crisis, the world financial crisis was triggered, and the old financial empire Britain also announced the end of the gold standard.

From this point on, countries engaged in currency wars, and the international monetary system, which had been built on the basis of post-World War I prosperity, was on the road to collapse.

Japan took advantage of the opportunity of World War I to vigorously expand, but various countries erected high tariff barriers, forcing Japan to enter the markets of other countries by devaluing the exchange rate.

After Britain and Japan abandoned the gold standard, their goods invaded the markets of various countries, and the United States was hit hard, and in order to maintain the domestic and foreign commodity markets, it had to abandon the gold standard in April 1933.

The U.S. move has caused more chaos in the world's currency system, and currency wars between countries have become more acute.

Britain, the United States, and Japan each use their own monetary policies to compete in the international market.

Britain and the United States both hope to strive for and maintain their status as international financial centers, and although they are trying to save the failure of international trade by means of currency depreciation, they cannot sacrifice greater financial interests for the sake of safeguarding trade interests.

Japan's financial power is relatively weak, so it has no scruples about suppressing the price of its currency in order to expand its export trade.

Therefore, in the world currency war at that time, Japan was the only victor in trade.

In this battle in which Western countries are competing to reduce the value of their currencies and devalue their exchange rates in order to increase exports and reduce imports, China's export trade has been plundered by Western countries, and the number of exported goods has decreased, and prices have fallen, resulting in a slump in domestic manufacturing, agriculture, industry, and commerce.

At this time, Northland products joined the mix, becoming a wall to prevent foreign products from entering the Chinese market, making them insurmountable.

Because, the Northland imposed military control, during this period, the price of labor was almost zero.

Feng Tian has such a sharp weapon in his hands, and foreign companies are also his opponents?

Westerners also have a limit to dumping at low prices, they must consider labor costs, but also consider transportation costs, and there is no chance of winning against Fengtian.

Of course, this does not change the weak position of the Central Plains economy.

And what has changed is only the profit side, from Westerners to Northland.

Therefore, in this competition, Fengtian is the biggest winner. And the desire of Westerners, especially the United States, to calculate the Chinese market will be completely frustrated.

Of course, this will have a serious consequence, without the Chinese market, who will save the US economy. (To be continued.) )