With the gold and silver reserves of Yangzi Bank, the over-issuance of currency with financial leverage, and the diffusion of the financial industry to solve the currency problem, of course, Yang Chao can also directly create funds through the over-issuance of banknotes by Yangzi Bank, but in this way, Yangzi Bank is directly exposed to the front line, just like the last gold speculation, Yangzi Bank can only go into battle shirtless. Pen % fun % Pavilion www.biquge.info

But through the network of these banks and banks, Yang Chao has obtained a firewall, if there are financial predators who want to attack Shanghai's financial system, then they must first attack from the peripheral banks, Yang Chao can organize funds to support these banks, so as to defuse the attack, and even when they can't resist, they directly give up a number of peripheral banks to avoid the overall collapse.

In fact, this is the reason why the financial system, which is composed of the central bank and commercial banks, is more stable, and the deep-pocketed Yangzi Bank plays the role of a central bank at this time.

Of course, it is not quite the same as a regular central bank, because Yuan Shikai has established a Bank of China, but this bank is just a tool for Yuan Shikai to collect money, Yang Chao can't rest assured, so he still comes by himself, but Yang Chao does not have the guarantee of national credit, so he can only use economic methods, which is more similar to the Federal Reserve system established by the Americans.

Yangzi Bank will assume the role of the Federal Reserve, and Yang Chao even intends to withdraw from the direct lending business step by step, positioning Yangzi Bank as a lender of last resort and settlement bank.

In this way, the 2 billion taels of silver reserves in the Yangzi Bank's treasury can be immediately converted into 10 billion taels of funds to be invested in Shanghai's industrial field.

Not only in Shanghai's industrial field, but also in the Yangzi Bank's invitation, this large number of Shanghai money companies have gone to various ports to open branches, especially in Shandong, in Laiwu, Qingdao, Yantai, Weifang, Jinan and other industrial cities and commercial ports to provide funds for Shandong's industrial development.

Of course, the funds created by the internal financial system can only circulate within the economy, and there is no problem with these funds driving the economic development of Shanghai and Shandong, but there is not enough credit to exchange internationally, because currencies such as the pound, franc and mark are not yet recognized by Yangzi Bank's bank bills.

Not to mention the bank bills issued by Yangzi Bank with silver reserves as the guarantee, even the gold dollar bills guaranteed by gold, which are only recognized by those foreign banks in China, and cannot be freely exchanged in the international market at present.

The role of gold dollar coupons, Yang Chao is designed as a settlement currency for import and export trade, so it must be recognized by foreign currency, and it must be recognized as a very strong currency.

Before the establishment of the Federal Reserve, the US dollar was not only inferior to the British pound, but also inferior to the three major international currencies of the mark and franc, and even inferior to the Swiss franc, the Dutch guilder, the Italian lira, the Belgian franc, and the Australian shilling.

It is because there is no central bank in the United States, and there are about 1,600 state and private banks issuing U.S. dollars with U.S. public bonds as reserves, and there are more than 7,000 types of U.S. dollars, and the U.S. dollar system is very chaotic and inflation has persisted for a long time. Therefore, in the 19th century, there were many economic crises that broke out in the United States, the dollar was basically not circulated internationally, no one wanted to hold dollar banknotes, and Americans' own imports and exports were also settled in pounds.

The pound is also not good, Yang Chao has been running on HSBC in recent years, has been cracking down on British-funded banks, and railway bonds and war bonds are basically issued in Shanghai, which makes the British very unhappy, they will not help Yang Zi gold dollar bills become international currency.

The franc is not good, and the French are not good enough because of the bad relations between China and Russia. The French will never agree to endorse the gold dollar bills, so that the gold dollar bills can be exchanged internationally with the help of the credit of the franc.

Therefore, the only way to find the Germans is to bind the gold dollar bills to the Deutsche mark, and let the German Central Bank announce that it will provide a guarantee for the gold dollar bills, promising that any German bank can accept the gold dollar bills, so that the gold dollar bills can be integrated into the international financial system.

It is very important to integrate into the international system, because after the world war, if Yang Chao can sweep the gold and silver of the West, then the gold dollar will become extremely strong and become an internationally recognized currency, and now enter the international system first, but you are just preparing for the future.

But why did the Germans agree to help and bind the gold dollar coupons to the mark, which had an impact on the mark's credit, which was equivalent to the mark taking the risk of the depreciation of the gold dollar bills, and if Yang Chao announced the depreciation of the gold dollar bills, those banks that accepted the gold dollar bills would be damaged.

For this reason, Yang Chao prepared a big gift for the Germans, a big gift that the Germans could not refuse.

The warehouse in Dongying Port is full of ore at this time, and some ore can be directly seen yellowing particles, this is gold mine!

Yang Chao told the Germans that this was a gold mine discovered in the Northeast, and this was a gold mine for Germany.

The Germans found that the taste of these gold mines was incredible, some samples had a gold content of up to 600, 600 grams of gold per 1,000 tons of ore, and an average gold content of 500 grams.

"I don't care about gold mines or anything, and my country is not a gold standard country. Therefore, the amount of gold used is not very large, that is, it is used to ensure import and export trade. After that, I plan to sell all this gold mine to you. ”

The representatives of Deutsch-Hua Bank are already stupid, Yang Chao claims that last year's production filled three large warehouses, and his people calculated that at least a thousand tons of gold could be extracted.

All sold to Germany!

How can this not make Deutsche Hua Bank excited, Deutsche Hua Bank is excited, that is, dozens of German banks behind him are excited, Deutsch-Hua Bank has a very deep background, it is composed of 13 large German banks jointly invested, belongs to the German overseas banking system, and is the central institution of German capital activities in China, to a certain extent, they are the branches of the German Central Bank in China, and they are the representatives of the German banking group in China.

"Oh, I forgot to mention, there's probably so much production every year. According to the measurements of our engineers, our gold mine can maintain this production for ten years. We don't intend to keep too much gold, so we intend to export it to Germany in exchange for the technology and machinery we need for industrialization. ”

Deutsche Wah Bank's manager Collus' eyes widened and he was visibly congested.

Not once, but not once, every year Germany increases its gold reserves by a thousand tons!

Even when the Kaiser heard this, his eyes were probably bloodshot.

"But I want to borrow 10 billion marks a year from German banks against these gold mines. At the same time, I hope that the German banking group will guarantee China's gold dollar bills, after all, if China does not increase gold reserves, the credit of gold dollar bills will be very problematic, and I hope that Germany can use the credit of the mark to guarantee it at the critical time. ”

Yang Chao finished his request in one breath and looked at Ke Lu, who was stunned.

"What, you don't agree?"

Yang Chao couldn't help asking.

Only then did Ke Lu react, he stood up violently, he didn't know where to put his hands and feet, waved his arms several times, and finally let out a breath: "Same, agree, absolutely agree!" ”

The last four words he uttered with almost all his might, and Collough later admitted that his muscles were out of control at the time, and he did not feel ashamed of the loss of control in the face of a thousand tons of gold a year. As for Yang Chao's request for a loan at that time, Ke Lu later said that he did not hear it clearly at that time, and all he had in his mind was the words "1,000 tons of gold, every year".

"But, but, you have to keep it a secret!"

Collou finally regained some composure, and immediately added that he did not dare to let other countries know that Germany could take away a thousand tons of gold from China every year, otherwise the hungry wolves in Britain and France would pounce on it, and for the sake of an increase of 1,000 tons of gold per year, Collou did not dare to guarantee that these countries would not start a war to destroy China.

Yang Chao thought for a while and said, "Okay, I agree, it seems that it is really troublesome to spread it." ”

"Then, let's sign a contract!"

Ke Lu immediately thought that the contract was guaranteed, and he didn't dare to waste time on printing the format, so he directly opened his pen, asked Yang Chao for a blank piece of paper, and wrote the contract content himself.

The general content is that Yang Chao promised to export 1,000 tons of gold ore with gold content every year, and Germany promised a loan:

"How much do you want to borrow?"

"10 billion marks!"

Collu's hands trembled, Germany's total overseas capital is only 12 billion marks, and this Yang Chao, who has to be loaned for so many years at one time, really makes his heart beat violently.

Collou became nervous and calculated wildly in his head, but he still agreed, and he didn't need to ask the shareholders behind him.

Because Klough knows very well that the gold content of the mark is 0.358 grams, and 10 billion marks seems to be equivalent to 3,580 tons of gold, but in fact, the gold reserves of the entire Germany are only more than 2,000 tons, but there is no 10 billion in German banknotes?

As a banker, Collum knows very well about the use of currency, and if the German banking syndicate gets 1,000 tons of gold, even if it issues 5,000 tons of gold reserve mark, it is considered a very low leverage, and the mark is extremely strong.

And Yang Chao is only a loan, not a direct sale, it can be said that the German bank group is a capital transaction, get gold reserves, hand over to the central bank, in exchange for mark banknotes, loan to Yang Chao, and then earn 1 billion marks of underwriting fees, and German companies will get 9 billion marks of the market, German investors who hold bonds will continue to get interest from China, what kind of business is this? That's five businesses!

Thinking of this, Ke Lu couldn't believe that he was dreaming, or if this good thing had really happened.

"Can you hit me?"

Poor Collo made such a request.

Yang Chao slapped him.

Ke Lu had a blood-red slap mark on his face, but his expression calmed down, and said, "Okay, sign the contract!" ”

Sending off Ke Lu, Yang Chao suddenly leaned on the back of the sofa, and he also thought in his heart, okay, the first wave of investment funds is more than enough, get 10 billion marks for two consecutive years, with 10 billion marks as the initial loan, how much investment can be driven? 50 billion is the start, 100 billion is the goal. (To be continued.) )