A series of combination punches pushed the silver ticket to the market at the fastest speed, so that the people had to hold the silver ticket.

But those money banks who opposed Yang Chao were dumbfounded, their plan to suppress silver completely failed, and the price of silver returned to about 1,000 copper coins, and the price continued to fall.

In order to suppress silver, these money banks sold platinum and bought copper coins desperately, but now they have a lot of copper coins in their hands, but the silver is almost empty, and at this time, Yang Chao suddenly announced that copper coins cannot pay taxes, buy salt, or buy grain from the government.

They finally saw the form clearly, if it was only the Huaiyang salt merchants, they could still fight, although the Huaiyang salt merchants were rich, but they were the wealthy and nobles united, and they thought that they would never lose to the salt merchants, but if the balance was added to the government, it would be tilted towards the salt merchants.

One tael of silver could already be exchanged for 1,300 copper coins, but the price continued to rise, and finally when one tael of silver could be exchanged for 1,500 copper coins, the money dealers could not sit still, and they finally stopped collecting copper coins, and at the same time exchanged them for silver from the market, and everyone knew that silver was more valuable than copper.

As a result, the bank's action directly bankrupted the credit of the copper coin, jumping directly from 1,005 to 2,000 for one tael, and then to 2,005, which can be described as a diving price.

In the end, it developed to 3,000 copper coins for one tael of silver, but the money bank found that no one exchanged with them at all, and the market they controlled collapsed.

And Yang Chao continued to crack down on copper coins, and publicized through the newspapers that the government had enough silver to support silver tickets, so that the people could use silver tickets with confidence, and the government did not recognize copper coins, and in the future, copper coins would be cleared out of the market step by step, and everyone would stop using copper coins after a year, otherwise they would be punished.

Although it was only a threat, there was no saying about how it would be prosecuted, and there was no basis for it. But the common people are like this, they are easy to be gullible, and they are easy to blindly follow, plus the price of copper coins has dropped like a dive during this time. No one dared to ask for copper coins for a long time, small traders only collect cash tickets and silver when doing business, and men only dare to ask for silver tickets and silver when they want wages, and copper coins are not wasted.

Only the money bank, which held more than 18 million copper coins in his hand, was unlucky, and the common people came to them to ask for copper coins to be exchanged for silver or silver tickets. And they have no money in their hands.

Who has the money in his hands? The salt merchant's money village has silver in his hand, so the common people have gone to the salt merchant to exchange silver, but where do the salt merchants dare to accept it at this time, telling the people that the copper money is useless, so that they can find a way to exchange the silver and quickly find a way to change it, they dare not accept it, they will only accept silver and silver tickets in the future.

The common people were suddenly a little dumbfounded, how can it be good, suddenly copper coins are not money, what is the reason.

That's the power of the financial system!

The people's money is not good. The market is about to be chaotic, with frequent thefts and robberies.

But the losses of those money banks are worse than those of the common people, and there are all money bank owners who commit suicide.

At this time, Yang Chao knew that it was time to stop, and almost at the same time, the owners of Qianzhuang Industry in Nanjing, Suzhou, Huai'an, Yangzhou and other big cities all received invitations from the government.

Especially the Qianzhuang industry in Nanjing, Yang Chao personally summoned them.

Looking at the dejected shopkeepers and proprietors of the bank, Yang Chao knew that he had won.

Can you not win, playing money is a credit, whose credit is hard, and the credit of power is the hardest!

Yang Chao is in control of the army. He also holds the power of Nanzhili, and in the area of Nanzhili, his credit is the hardest.

This is an extremely centralized government, and even Lao Mei had to count on the rescue of the Great Celestial Empire in the financial crisis of later generations. It's not that the Great Celestial Empire's regime is tough enough, these money banks are trying to challenge a powerful government, they can only say that they are too stupid and naïve.

But Yang Chao doesn't need to kill them all, and it is impossible to kill them all, because although these people have a lot of copper coins in their hands, there are actually more copper coins in the hands of ordinary people. The biggest loss is still the common people, so let the copper coins be invalidated directly, which can indeed make a large number of these money die, but the common people are bankrupt There are more than tens of millions.

Therefore, Yang Chao can't let these money houses fall, and in the end, he still has to collect the copper coins and destroy them, or make them into other things, anyway, he can't let the copper coins be invalid in an instant, and let the people's property evaporate in an instant.

Therefore, it is also a last resort to let go of these initiators of the troubles, which is why the banking industry in later generations is so hateful, and the financial crisis was caused by them, but the governments of various countries still have to bail them out, and the relief is actually the entire national economy, because these guys use monetary power to kidnap the whole country.

These money banks used copper coins to kidnap the entire Nanzhili.

But these guys can't be any better.

"Benjue plans to abolish copper coins in the future, ladies and gentlemen, proprietors. Benjue knows that everyone has suffered heavy losses, and Benjue doesn't want to kill them all, so what about the money in your hands, Benjue still has to collect it. According to the market price, now one tael of silver is already five thousand copper coins, I believe that one by one, you have lost all your money, I heard that there are still borrowed money. In this way, one tael of silver and three thousand coins, hand over your copper coins within three days, and Benjue will send someone to seal your shop one by one and check them one by one! After three days, Benjue will not collect a single copper, you can think clearly. ”

At this time, where do these guys still have the courage to oppose, financial war is like this, especially this kind of betting, losing is all lost, winning is all winning, Yang Chao is what he says at this time.

In fact, Yang Chao has more ruthless tricks, but does he care about the people, well, first send someone to seal up these people's shops, and then collect the copper money in the hands of the people.

It's a pity that Yang Chao doesn't really want to kill these financiers, in the final analysis, they are all financial talents of the Ming Dynasty, the world has reached the Age of Discovery, the Dutch dance financial weapons, dominate the world, but the Ming Dynasty killed all its own financial talents, isn't it self-cutting meridians.

In three days, it cost 6 million taels to collect all the 180 million copper coins of the entire Nanzhili Qian Zhuang industry.

In order to suppress the price of silver, these money banks are buying copper coins at a high price, but now they are sold at a low price, one in and one out with a blood loss, fortunately, most of them are operating with their own funds, and they are all big businesses, so they will not go bankrupt, and they can turn over after regrouping.

Then Yang Chao began to collect from the common people, through various means, posted notices, newspapers to publicize, let all the salt merchants, pawnshops, money and salt shops publicize, telling them that they will only accept ten days, and after ten days, the copper coins will be invalid.

The ordinary people who had suffered a big loss, where did they dare to be disobedient, and they all handed over the copper coins, and Yang Chao bought the money in their hands, and the price was slightly higher, and he collected it at the price of two thousand yuan for one or two.

Of course, the big ups and downs of copper coins must have caused a lot of losses to the people, but in the shortest time, the silver tickets were rolled out in the entire Nanzhili.

The price is also quite high, the copper money to buy the money village is only 180 million copper coins, but the copper money in the hands of the people is ten times the copper money in the money village, nearly 2 billion copper coins, all of them have been collected, if Yang Chao wants to scrap the copper money, this is equivalent to a pile of scrap copper, and the purchase can be used for 20 million taels of silver.

Yang Chao seized a total of 20 million taels of silver from Yangzhou and Zuo Liangyu, and all of them were smashed into it at once, and there was not a single deposit of silver in his hand for a while.

But this is the price of financial reform, and fortunately, Nanzhili is rich, so that Yang Chao's military expenses will not be in arrears, and the 20 million taels of silver have always been used as the capital guarantee of the bank, and have not been misappropriated, otherwise there is really no confidence to operate such a financial war this time.

Fortunately, there was no danger that the copper money was completely abolished, and slowly the bank's funds began to be withdrawn, and some people began to save money, the first batch of natural salt merchants, they began to exchange the silver in their hands for silver tickets, and then went to Haizhou to take it out, and began to build a salt farm, and they deposited more money than they took out, so the bank's bank treasury slowly returned real money.

There is another unexpected result, that is, the silver in the hands of the common people is also trickled down like a stream first through the money bank for small silver bills, and then the money village handed over the silver back to Yang Chao's bank in exchange for silver bills.

In the final analysis, the silver in the hands of the common people began to flow back, but for the time being, it is not because the people trust the silver tickets, but because they want to buy salt and rice, so they need to keep some tickets for daily expenses.

But even the silver represented by the silver bills used for circulation should not be underestimated, so that Yang Chao fully recovered more than 3 million taels of silver, and with this money as capital, he continued to carry out exchange business, and the funds slowly came back.

The bank is also becoming more and more modern banks.

So Yang Chao decided to give the bank a name, called Jiangnan Bank, named after Jiangnan, the richest in the Ming Dynasty, and its reputation is absolutely guaranteed.

What Yang Chao didn't expect was that the development of the bank later was beyond his expectations, that is, through this cooperation with the salt merchant Qian Zhuang, after jointly strangling the wealthy family and the noble Qian Zhuang, the salt merchant saw a business opportunity.

Because Yang Chao gave them a two-cent exchange discount, they received the silver bills from the people at a three-cent discount, and then passed through Yang Chao here, they could earn an extra interest, and this kind of discount exchange business was very frequent, but it became a new source of wealth for them.

The huge money bank industry has become a first-class financial industry second to Jiangnan Bank, and has formed a special ecological relationship with Jiangnan Bank at the top, just like the relationship between ordinary commercial banks and the central bank.

As for those money banks that opposed Yang Chao, they suffered heavy losses because of this financial war, and after losing the right to mint money, they did not get the same discount as the salt merchant money village, and their business became more and more bleak, and they never recovered, and they closed down one after another and withdrew from the industry after a few years. (To be continued.) )