Chapter 163 Reform of the Monetary Standard
When they saw the actions of the Ming Empire, they just wanted to pick up some cheap in the back, but after seeing the new policies issued by the Ming Empire, they were all stunned, and they also knew that they had made a lot of money. Pen % fun % Pavilion www.biquge.info
After reacting, they immediately abandoned the other currencies in their hands and began to forcefully acquire the original currency of the Ming Dynasty.
After all, the new monetary system of the Ming Empire is temporarily closed to countries outside the Ming Empire, of course, this is only temporary.
And the Ming Empire made it very clear this time that the currencies of all countries in the world, except for the original currency of the Ming Empire, the currencies of other countries cannot be exchanged for the new currency of the Ming Empire, that is, the energy coins in the mouths of the officials of the Ming Empire at the press conference.
Therefore, when the policy of the Ming Empire was made public, the exchange rate between the original currency of the Ming Empire and the currencies of other countries was opened next time, and the crude oil currency of the Ming Empire continued to appreciate, while the currencies of other countries began to decline significantly.
And the currencies of the two countries are slightly better, after all, they are also one of the superpowers in the world, and their strength is there, so the currencies of their two countries have not fallen so much, but the currencies of other countries are not so lucky.
And as time goes by, the original currency of the Ming Empire will become less and less in the market, and as these currencies decrease, the value will become higher and higher.
However, no matter how these currencies appreciate in the outside world, the Ming Dynasty only officially admits that the exchange rate of these currencies to energy coins is 100 to 1.
And since the release of this information, all the banks of the Ming Empire no longer issue the old currency, that is to say, the old currency banks can only collect and not out.
And with the announcement of this information, the full value of the Rice Empire Energy Coin was also announced.
The full value of the energy coins announced by the Ming Empire this time is divided into cents, jiao, and yuan as before.
One point is about equal to one kilowatt-hour of electricity, that is to say, an energy coin is just one hundred degrees of electricity, of course, in fact, the energy coin released by the Ming Empire.
And this time, the energy coin released by the Ming Empire, the maximum value of the currency is only released to ten yuan for the time being.
After all, with the exchange ratio between the energy coins at the core of today's old currency, it is enough to have the highest unit of today's price of ten yuan.
With the release of this information, it is only a ten-magnitude earthquake for the whole world, and the Internet is also very lively, especially the citizens of the Ming Empire.
"Oh my God, what's wrong with this world, this world is changing too fast, or I can't keep up with the pace of the times, and the pace of the country is too big! I haven't entered the energy-based era all of a sudden! ”
"Who's to say it isn't! Ever since I watched the live news of the press conference in the morning, I've been in a haze and don't know what I'm going to do next. ”
"Anyway, who will help me, bosses, now I still have a lot of foreign currency in my hands, I don't know what to do I went to the bank just now, but the bank told me that now the bank no longer accepts foreign currency, I don't know if anyone wants it!"
"Visually, this one upstairs is going to cry and faint in the toilet, after all, now that the currency of our Ming Empire has given up being pegged to gold, and the bank refuses to buy foreign currency, this is also normal. So upstairs, you're either going to go abroad and spend the money, or you're going to rot in your own hands! ”
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Zhu Lei didn't know all kinds of things on the Internet, and even if he knew, he wouldn't care, because the monetary policy of the Ming Empire had already been ordered, but before eating, the entire Ming Empire knew that the people who knew about it were only known to the cabinet and the royal family of the Ming Empire, after all, the reform of monetary policy was very important, and the top management of the Ming Dynasty had to be cautious.
Once this matter is leaked, the impact on the Ming Empire will not be very large, and it will even affect the currency reform of the Ming Empire, especially for the recovery of the currency of the Ming Empire, and the foreign currency in the hands of the Ming Empire will also become very difficult.
But now these are no longer important, there is not much foreign currency left in the hands of the Ming Empire, and the others are either exchanged for the old currency of the Ming Dynasty, or exchanged for various mineral resources.
Moreover, due to the various means before the Ming Empire, the price of various living materials and mineral resources in the world has directly increased by 30%. But this is also a matter of no way, after all, the Ming Empire wants to carry out the reform of the currency standard, and it must be to sell all the foreign currencies in the hands of the Ming Dynasty as much as possible, otherwise the reform of the currency standard will definitely cause huge losses for the Ming Empire, but now everything is fine.
Although there are still many private individuals in the Ming Empire who hold a large amount of gold and foreign currency, most of these things are stored in the banks of the Ming Empire, and all the foreign currencies stored in the banks have been exchanged for the currency of the Ming Empire by various means before this, so the loss of the people this time is actually not very large.
And for those individuals and families who deposit foreign currency cash and gold, the Ming Empire also gave them a few days to exchange for new Ming energy coins before they expire.
And for those individuals and enterprises whose money is deposited in foreign banks, they are not so lucky, except for the original currency of the Ming Dynasty, the currencies of other countries will no longer be exchanged today.
After all, no matter what kind of change, there will always be people's interests damaged, and this time the reform of the Ming monetary system, the biggest damage to domestic interests is those who are not with the same heart as the Ming Empire, after all, if they did not exchange all the money into foreign currency and store it in foreign banks, then they would not suffer such a big loss.
Therefore, the loss of the Ming Dynasty's monetary reform is not very large, especially the loss of the people is not as big as everyone imagined.
Although in the early days of the Ming Empire, everyone liked to hide precious metals such as gold and silver in their own cellars, after all, in ancient times, the country did not have savings units such as banks, although there were also some private storage units such as money banks, but without the participation of the state, these units were actually very unsafe, and a bad one could lose all their money.
But in modern society, it is different, especially in a monarchy like the Ming Empire, all the banks in the country have the official shares of the Ming Dynasty in it, and several of the largest banks in the country are purely official banks, so most of the rich people in the society now have their money stored in the bank, after all, the current Ming Empire has been founded for more than 600 years, so the domestic people have a very strong sense of identity with the current Ming Empire. In addition, the Ming Empire is now very strong both militarily and economically, so most of the people trust the official banks in the Ming Dynasty very much.
Even if someone holds precious metals such as gold, isn't it true that the Ming Empire has given these people three days to buffer?