In October, Japan's new emperor, Hirohito, who had just stabilized the domestic situation, visited China non-stop. Pen | fun | pavilion www. ｂｉｑｕｇｅ。 ｉｎｆｏ

Yang Chao received him at the presidential palace.

"Your Excellency, I beg you to approve the loan!"

Hirohito bowed humbly, with a look of sincerity and pleading.

He could not help but do this, one of the reasons why the Japanese were so active in disassembling equipment was their lack of money.

At the end of the war, the credit of the yen collapsed immediately, and the exchange rate of 1 tael of silver plummeted to 30 yen for 1 tael of silver, and it is still plummeting, with unprecedented hyperinflation.

The yen is plummeting, while domestic prices of gold, silver and precious metals are rising, and Japan is exporting large quantities of gold and silver.

Because they had to exchange for food.

"If there is no one million grain imports a month, Japan will starve to death of 100,000 people!"

Hirohito said pitifully.

This month alone, 1,000 people starved to death in Tokyo, and the Japanese government did everything to find food, silkworm chrysalis, earthworms, ants, snails, grasshoppers, snakes, rats, and so on were included in the Japanese diet. The newspapers began to publicize to the citizens how acorns and chaff were rich in vitamins, and carefully taught the housewife of an empty rice jar how to become a skillful woman who could cook without rice (the answer is to grind acorns into cakes). Tell the public that if the rats are properly disinfected, they will taste like birds.

But this is only a drop in the bucket, it cannot save Japan from famine, the war has destroyed agricultural production, and without Taiwan and North Korea, the more than 40 million people on the Japanese island will not be able to feed at all.

So Japan wants to get a loan from China to get it through the most difficult years.

"Loans need to be mortgaged!"

Yang Chaowei is not going to starve the Japanese to death, when you don't want to kill your enemy, then you have to be kind to your enemy, make them grateful to you, and even let him treat you as a friend before you cut off his head.

Hirohito bowed vigorously: "Please, Japan is already impoverished, and there is really no wealth." ”

Hirohito was not lying, there was a massive outflow of gold and silver, and the gold and silver reserves had long been depleted, and the gold and silver of the people were donated to the government during the war, and the steel purchased by Aritomo Yamaguchi from Britain and the United States for use in the war.

"I personally don't want to see Japan continue to mess around, because that's not in China's interest. Now the situation in North Korea is not very good, they are also short of food, they also want to get loans, they also have no collateral. But Japan is different from North Korea, you still have people! ”

"People?"

Hirohito was alert, he was worried that the Chinese would have bad intentions, could it be that even the population of Japan wanted them?

"To be precise, the education in Japan is still good, and it took you 30 years to basically complete the basic education, which is much better than China's. And you are very shrewd, the university adopts elite education, and gathers China's strength to run a few qualified universities, but promotes technical schools, and trains a large number of skilled workers. These are all valuable resources, and I have a suggestion that Japan does not have any resources, but Japan still has brain power, and wisdom is the most valuable asset, and it is an inexhaustible mineral deposit. ”

"President, please make it clear."

Hirohito said cautiously, and began to have some hope in his heart, because he heard that Yang Chao still recognized Japan in his tone.

Yang Chao said: "That's it." We take what we need. China has given your country's representatives an urgent issuance of 100 million taels of bonds in Shanghai. However, it is not appropriate to do so without a guarantee. I used Japanese skilled workers as collateral. ”

Hirohito's heart was cold: "People, how to mortgage?" ”

Yang Chao waved his hand: "Of course, people can't be mortgaged, but manpower can, and the wages of Japanese skilled workers can." Although there is also a huge amount of vocational education in China, there is always a shortage of experienced skilled workers, and the construction of factories is very large. The skilled workers trained in China are not enough in the factories in Shandong and Northeast China alone. ”

Hirohito said: "The great president means that Japanese workers come to work in China. ”

Yang Chao nodded: "With their salary as a guarantee." I believe that the wages provided by China are more than enough to feed these skilled workers, and they will definitely send a large amount of foreign exchange back to Japan. However, Japan needs to collect this foreign exchange and exchange the yen for China's silver standard fiat currency. But if you need to stabilize the yen, the financial collapse is terrible, and if the financial sector cannot be stabilized, it will be difficult to restore social order. ”

Hirohito nodded, he was finally sure that Yang Chao really wanted to save Japan, but he wouldn't help in vain.

It's just that: "The country's reserves have been depleted, and it is really unable to stabilize its finances." ”

"The so-called reserves are nothing but the credit guarantee of the currency, and it is only one of the guarantees. In the end, it's just credit, whether it's gold as a credit guarantee, or silver as a credit guarantee, it's the same. The government's credibility is also a guarantee. It's just that the credibility of the Japanese government is almost collapsing, and you still have a lot of work to do. ”

Hirohito continued to nod, he didn't dare to speak now, so he listened carefully, listening to Yang Chao's arrangement for Japan, which was their only hope.

Yang Chao continued: "So you have to restore the government's credit first. It also requires a large sum of money. The same is true for North Korea and the Ryukyus. The king of the Ryukyus had promised that they would not issue currency, but would directly use China as currency. ”

China Liang is the name of the Chinese currency, because the unit of the main currency is 'Liang', which is a unit of weight. Like pounds, guilders, and krona, they are all a unit of weight, and then developed into a monetary unit, Yang Chao did not set the silver dollar at the beginning, because he felt that it was a foreign unit, which was the influence of the Spanish silver dollar, so under the tide of abolishing the two yuan, he insisted on the financial unit of the Chinese two.

The banknotes issued by Yangzi Bank have become an international currency along with the pound, franc and dollar.

Ryukyu, which was completely pushed by China to restore the country, as early as half a month ago, their king visited Yang Chao, and talked to Yang Chao about many problems, including financial problems, they are still using yen, Yang Chao provided an emergency loan, so that they can replace the yen that is collapsing in the country, and there is no need for Ryukyu to print their own currency, just use China directly.

However, it is impossible for North Korea and Japan to accept China's printed banknotes as currency, and Yang Chao has no intention of forcibly promoting China's money supply.

His purpose is to control, not to rule, because he doesn't want to pay too much.

Control, control of the economy, culture and politics.

And to control the economies of these two countries, it is only necessary to: "The Bank of Japan announced that the yen is tied to China." We negotiate a suitable exchange rate with each other. For the time being, the Bank of Japan will give a guarantee to the Bank of Japan to stabilize the credit of the yen. Of course, in return, part of Japan's gold and silver reserves will need to be placed in the treasury of Yangzi Bank as a margin and settlement tool, and the amount will also be agreed upon by the financiers of the two countries. ”

Hirohito breathed a sigh of relief, he just thought that Yang Chao was going to promote Chinese banknotes to Japan, in that case, it would be more terrible than the death of the country, which meant that the Chinese could loot Japan's wealth by printing money as long as they wanted.

But what he didn't know was that after China was recognized by Japan, it could still loot Japan by printing money, just as the US imperialists did in later generations, using monetary hegemony to loot the whole world.

"I propose the establishment of an East Asian Economic Mutual Assistance Alliance, where China, Japan, Korea, and the Ryukyus will help each other and get through the current difficulties together!"

In the end, Yang Chao threw out a suggestion, which is the most important thing, nominally just an economic alliance, just like Germany's customs union, the predecessor of the European Union, the coal and steel community, through this alliance, the East Asian economy is firmly tied together, in fact, it is tied to China. The Allies tied their currencies to the Chinese currency, and settled the currencies in China's two foreign currencies.

Hirohito thought about it, there is no reason to object, the most important thing at the moment is to let Japan live, let the Japanese have food, even if it is a glass of poisonous wine in front of him, he has to drink it, not to mention that it seems to be a glass of fine wine.

The two heads of state set the tone, and the content was naturally formulated by professionals.

Soon Korea, the Ryukyus, Japan, and China began negotiations in Shanghai, and the speed of the negotiations was extremely fast, and it took only three days to create a miracle of speed in formulating an international alliance.

As a result of the negotiations, all four countries deposited at least one-third of their reserves in the vaults of the Central Bank of China in Shanghai, and both Japan and North Korea tied their national currencies to the Chinese currency, and the current ratio is 100 yen for 1 Chinese tael and 10 won for 1 Chinese tael.

North Korea, for the sake of face, set the DPRK Yuan too high, in fact, it is meaningless, because their DPRK Yuan is still only a theoretical currency, has not yet been printed, and their domestic circulation is still the yen, the North Korean government entrusted Yangzi Bank to help them design the first North Korean currency, and print it in Shanghai as soon as possible to replace the domestic yen.

Other items of the Economic Mutual Assistance Alliance also include that the four countries can communicate with each other, and each country can only select ten industrial categories for protection, and other commodities can only be circulated safely, and the circulation of goods between the four countries is free of tariffs.

Through the Economic Mutual Aid Association, Yang Chao completely tied East Asia to China's chariot, but at this time Western countries did not have any special feelings about this East Asian economic alliance, believing that it was just a trick played by the Chinese, and it was not a military alliance, Japan's armed forces had been lifted, and Korea and Ryukyu were not capable of forming huge armies.

An alliance that is not a military alliance has no meaning in this war-torn era.

But in Yang Chao's view, a military alliance is even more meaningless, because he does not intend to use the force of other countries, because he will push for a piece of legislation: the National Defense and Security Law! (To be continued.) )