The richest man belongs to the richest man, but the Tokyo market is big enough, and the Li family doesn't count.

If they are reckless, they can just get started.

But if you want to deal with the aftermath and avoid the merchants losing their money and attracting Prince Zhu's crazy revenge, then you have to work together with several big cloth merchants.

Only when they join forces can they quickly control prices.

The big businessmen across the industry don't trust each other, but the same industry can really advance and retreat together. Because their business environment has always been too bad, even if they have backers behind them, those backers are also vampires.

On the one hand, they have to deal with the blood sucking of the backers, and on the other hand, they have to deal with the exploitation of the government, and the big businessmen can't stand at all if they don't unite!

Several major families in Tokyo held meetings for half a month, and finally finalized the whole plan.

Perhaps Prince Zhu's knife was too sharp, and some people even retreated halfway.

In the end, they had to make a bloody alliance, swear in the name of their ancestors, and then verbally agree on the charter. That is, in the end, the end must not be insatiable, and the merchants must be left a way to make money, and the harvest of several waves cannot force the small and medium-sized merchants into a desperate situation. If the situation is not good, it is necessary to work together to control the price. Recklessly harvesting money-makers, several others have joined forces to suppress it!

Why did they take such a big risk and make it so complicated to carry out the harvest?

Because of the emergence of exchanges, it is mainly aimed at them.

The crown prince has his eye on them, and now there are only two options:

First, be obedient and only make honest money in the future. However, as the exchange system matures, the space for making money will become narrower and narrower in the future, and even the market judgment will be wrong.

Second, under the rules of the exchange, find new ways to make a lot of money, and also take into account the face of the prince.

There is no third way.

Oppose the prince's exchange as opposed to Wang Anshi's Yi Fa? Stop, they haven't lived enough.

……

Early winter.

The price of cloth in the shops is still rising normally, but the exchange is rising every day.

The major shops selling cloth have also joined the cloth shop. They belong to small and medium-sized merchants, also known as merchants.

Most of the bankers couldn't figure out the situation at all, and when they heard that the price of cloth on the exchange had skyrocketed, they hurriedly went to ask the bigwigs of the cloth bank. After some discussion, everyone agreed to raise the price together (ordinary bankers are not allowed to bypass the guild and rise and fall sharply without permission).

Seeing the sharp rise in the price of cloth, the common people were afraid of the lack of cloth in winter, so they went to the store to buy it.

In the face of the crowd rushing to buy fabrics, the merchants naturally have to increase the amount of purchases. And seeing that the price of cloth on the exchange was still rising, and hearing that several big merchants were frantically sweeping the goods, they also ran to the exchange to place orders.

Soon it became clear that after buying the goods on the exchange, they could withdraw the cloth without having to go to the warehouse.

As long as you rush before the delivery period, you can make money by selling the order.

Even if the pick-up period is up, you can continue to sell orders as long as you pay the warehouse usage fee. The profit from selling orders is far more than the warehouse usage fee.

As if a Pandora's box had been opened, Tokyo quickly descended into madness.

At the beginning, they were just big businessmen, secretly inducing investors to speculate in cloth futures. Gradually, even ordinary citizens joined in, and some even speculated by borrowing money.

The exchange was so frightened that it hurriedly reported to the household department, and finally set a rule: if the price of a certain commodity rises by more than 10% every day, the commodity will stop buying and selling orders on the exchange.

There is no use for fart.

Because you can buy and sell privately bypassing the exchange!

The exchange also reported to the Ministry of Accounts, and soon issued a regulation again: all orders must be bought and sold on the exchange, and a handling fee must be charged.

Still useless.

This is not the electronic age, the original paper futures securities, there are too many ways to circumvent the regulations.

For example, when the stock market first appeared in China, ID cards were required to subscribe to the limit, and someone came over with a large bag of ID cards.

The same is true of the Tokyo Stock Exchange in the Ming Dynasty, and they can always find a way to circumvent any restrictions introduced by the government.

The plan of the big merchants in the cloth shop was very successful, and even businessmen from other industries came to the exchange with money to speculate on cloth.

But they always felt that something was wrong.

Li Wenzhong frowned: "The price of cloth has risen like this, why don't the officials of the exchange convene a guild to talk and solve it?" ”

Li Dunyi said: "It can't go up again, otherwise it will inevitably anger the prince." ”

"My family's warehouse is almost full," Li Mao said, "We can hold a cloth meeting to let several major merchants release the goods together, and the price of the goods can also be agreed." ”

Li Wenzhong scratched his eyebrows with his fingers: "The officials of the exchange, how can they calm down?" Were they prepared? It can't be that there is still a lot of cloth in the warehouse. ”

The warehouse is the place where the treasury of the state stores money and goods.

Li Dunyi shook his head and said: "After the restructuring of Yulu, there was only silk for official uniforms, and a large amount of it was still stored in the treasury warehouse. The rest of the fabrics are sold every month through the branch, all of which are eaten by our cloth shop, and our Li family has the largest share of the branch, and the remaining fabrics in the warehouse can't hold down the price. ”

"Could it be that since the price has risen from the beginning, it has been rushed over for four hundred miles?" Li Mao pondered.

"It's impossible, those who are officials are not immortals," Li Wenzhong said, "Moreover, it will take time to transfer from other places, and we can finish it when the new cloth arrives." ”

Li Dunyi said: "If something goes wrong, it will be a demon, immediately discuss with those companies, and join forces to reduce the price and sell the order tomorrow!" ”

……

The Tokyo Stock Exchange is located in the southeast corner of the city.

Next door is also next door to Jingdeok Temple.

A view, a Buddhist temple, in the second year of the founding of the Ming Dynasty, was all changed to other uses.

Today, the Shangqing Palace, which Song Huizong liked very much, has become the residence of the Tokyo Exchange.

Different Buddha halls are arranged to trade different kinds of goods. Due to the popularity of the trade, even a shed was temporarily built outside the temple to shelter from the rain.

At this moment, the crowd is buzzing.

Zhao Kai, the former king of Song Yun, was waiting anxiously in the crowd.

After waiting for a long time, my brother Zhao Shu came over: "I can't borrow money, so I'd better forget it." If we sell now, we can earn two or three hundred yuan, so there is no need to continue to take risks. The price of this cloth has risen too outrageously, and I really don't know the bottom in my heart. ”

Zhao Kai said: "Wait a little longer, one price a day, and it will definitely rise sharply tomorrow." Why don't you go to those iron filings (Jews) and borrow money? When my father was still there, he frequented the Iron Filings Building. I used to go there a lot, and I had a good relationship with the shopkeepers there. ”

"No, no, the interest rate of the iron filings is too high," Zhao Shu said, "Besides, those iron filings, who only recognize money and not people, where will they remember the old feelings?" Our family property has been mortgaged, and the iron scrap man will not borrow again. ”

Zhao Kai said again: "You can also find the eighth child and let him go to the palace to borrow money!" ”

Zhao Shu said: "I went to borrow it two days ago, and the eighth said that he went to the palace to borrow money, but he was scolded by his sister." ”

Zhao Kai said depressedly: "They are all brothers and sisters of the same father, they are rich, but they refuse to borrow a little money to make us rich." ”

"Dangdang, dang!"

"The market is open!"

With the sound of the gong, people began to queue up, and there were even people trading privately outside the market.

It's the first time for everyone, the big dealers, this shipping technique is very rough, and they throw out a huge amount of price reduction orders at once.

But countless retail investors have no judgment, they only know to hurry up and take advantage of the price reduction to buy more orders to appreciate and make money.

"Grab it, grab it!"

In the midst of the crowd, an inconspicuous guy immediately said to the people around him, "It's started." ”

The traders were all supernumerary scribes, and their salaries were not taken from the imperial treasury, but by the exchange itself.

They were busy and soon stunned one after another.

"You didn't make a mistake in the selling price?"

"No, hurry up."

"No, you really didn't fill in the wrong price? What is the price at the beginning of winter? ”

"What do you do? It wouldn't be you, as a trader, who also participated in speculation, right? ”

"No, no, absolutely not!"

"Then sell it quickly!"

Write the latest unit price on the blackboard at the right time, and erase it immediately after completing the transaction.

With the appearance of an ultra-low price, everyone was stunned, including the big businessmen behind the scenes.

The price is too low, it is the price before it is fried!

Because the price is so low, no one grabs it. Fools know that there is a problem, once there are too many ultra-low price sell orders, the cloth price will be smashed on the spot, and the goods they bought in the early stage will be lost.

The big businessmen quickly reacted and ordered their entourage: "Eat quickly, eat as much as you want!" ”

Li Dunyi still stood in place, stunned.

A big cloth merchant named Wu Yong ran over: "Why don't Brother Li do it yet?" ”

Li Dunyi pointed to the blackboard and said: "I didn't think about making money with these sales orders, they must be sold by the imperial court!" ”

Wu Yong said: "The cloth in the warehouse is all distributed by our cloth industry, and there is not much left. As long as you eat it all, you will be able to control the situation. ”

"Are you going to go against the prince?" Li Dunyi asked.

Wu Yong said: "The prince is gone, I don't want to make more money, but I can't lose all my money, right?" After eating the court's sales order, we will join forces to reduce the price, and we will definitely help the court stabilize the price. Someone in Tokyo has to buy cloth, and the imperial court has to have someone to match. As long as he doesn't go too far, the prince will definitely not use the knife. The prince has always talked about rules, and we have not violated the "Da Ming Law". If the prince doesn't follow the rules, how can this exchange still have credibility? In order to keep the exchange, the prince will definitely let me wait. ”

Li Dunyi shook his head again and again: "The prince must have left his hand a long time ago." ”

"How can there be only so much cloth left in the back hand warehouse, can you really conjure spells?" Wu Yong said anxiously, "After saying that we will advance and retreat together, how can you retreat as a leader?" If you don't have a responsibility today, I won't choose you to be the head of the line again! ”

"If you don't do it, the prince must still have the goods somewhere. Take a look at where the pick-up address is! Li Dunyi said.

The ultra-low price order I just bought was quickly taken.

It's just an ordinary warehouse, and you can't see anything at all.

"No," Li Dunyi's pupils constricted, "the pick-up point on this manifest is used to store coal, how can it be turned into a cloth warehouse?" During this time, the cloth that entered Beijing, we are all staring at it, unless we use the five ghost carrying techniques to move over. ”

The big dealers have discovered that something is wrong one after another, but unfortunately it is difficult to ride the tiger.

They have to catch all the orders thrown by the official until they finish eating the goods, otherwise they will be completely out of control.

Countless small and medium-sized businessmen and retail investors are completely at a loss.

The first time they encountered this kind of thing, they didn't know what the situation was, so they could only stupidly watch the immortal fighting method.

Li Wenzhong didn't know when he came, and said in a low voice: "Dad, don't buy it." This time, we have admitted how much we have lost, and we can't finish eating the prince's goods. ”

"Do you know where these cloths come from?" Li Dunyi asked.

Li Wenzhong said: "Thinking about it, the cloth that the household department and the cloth shop can't figure out can only be the one that has been hoarded a long time ago - military cloth!" ”

(End of chapter)