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Chapter 66 Currency War (Part 1)

 "Your Highness! Your Highness! It's gone up, it's gone up, Nanqian has gone up again! It's 800 Wen, it's already gone up to 800 Wen, and it's about to reach the time before Song Qian is issued! We...we've made a lot of money!



Sun Liancheng's face was as happy as a chrysanthemum. He had been in business all his life. This was the first time he knew that money could be so easy to make. He could make so much money just by flipping one hand.

Much.

"Calm down, be calm. How many times have I told you, if you follow me, you may become the prime minister in the future. Don't always be surprised. How is my brother's reaction now?"

"Well... I heard that the officials were furious this time. Not only did they scold Xue Xianggong and the two kings for their poor performance, they also issued an edict and severely reprimanded the governors of each town. They even sent soldiers and horses to supervise various places.

Even the state capitals and officials in various places have specially sent officials from the DPRK and China to inspect and strictly grasp this matter. Should we... take advantage of the rising prices now and collect another batch?"

"Oh? It's really rare to see my eldest brother being so domineering. Hahaha, it seems that he is really anxious this time. Hey~, it seems that the palace is not safe now. Maybe one day eldest brother will be so angry.

In a hurry, he came over with a dragon stick and beat me up. Well, no, I have to pack my things. Starting tonight, I will live in my mother’s room. I have to let my mother hug me to sleep these days.”

"But this is also a good thing. The more furious he is now, the harder the price will rise when it rebounds in the future. I estimate that the price may actually drop a little bit in two days. Taking advantage of this opportunity, send

If you go to several nearby big houses, they charge a little more, as much as you want."

"Return, take it again."

"Take it, as much as you want. In addition, you might as well ask my second brother to lend money from Fei Qian in Kaifeng Mansion. Borrow Song money. As long as he is willing to lend it, we can agree to any conditions and transfer assets and so on.

All of them have been mortgaged, and then these Song coins, regardless of the exchange ratio, will all be exchanged for me in the market for Nan coins."

When Sun Liancheng heard this, he looked confused.

The money Zhao Guangmei asked him to borrow is called public money, which is an old rule that has been in existence since the Tang Dynasty. To put it bluntly, it is a usury loan issued by the local government, and the income generated is specially used for the small officials in the yamen.

Tooth hair bonus.

After all, civil servants in ancient times had no wages. No matter how corrupt they were, there were always some petty officials who had no real power in their hands and could not earn much money, but they had to follow their own rules. This is what these people are referring to.

This system disappeared after entering the Song Dynasty, but now it has just entered the Song Dynasty, and these policies of the Song Dynasty have not yet had time to be implemented.

Sun Liancheng was stunned for a moment before he realized that His Highness was not only betting on the rise of Nan's money, he was clearly betting on the fall of Song's money!

Although he didn't quite understand the basis for His Highness's certainty, he really wanted to believe that His Highness was right.

But...

If only Nan Qian rose, it might be okay, but if Song Qian fell...

Isn’t this a big-mouthed man slapping officials left and right?

Officials really won’t get angry out of shame?

No wonder he wanted to hide in the Queen Mother’s bed to sleep!

But where can I hide?! What will happen if the officials take out their anger on me?

With a little bit of luck, he said, "Aren't all our properties mortgaged to Tianxiong Army?"

"Are you betting again? We won't lose anyway. Besides, with my identity and whether I have collateral, it's just a matter of going through the process. Oh, don't worry. If I don't earn this money, then someone else will give it to me. I have earned it, and it is very likely that it will be earned by the Southern Tang and Hou Shu. My brother will definitely be beaten in the face. If I beat him, it is better than Meng Chang. Li Jing will go and beat him? The money will go into my pocket. Isn’t this meat rotten in the pot? What’s the difference if you follow him?”

Sun Liancheng was about to cry: "The truth is this, but... but the temper of the officials... you are not afraid, I am."

"Don't be afraid, don't be afraid. My eldest brother has such a good temper. How many arbitrary emperors in history have a better temper than my eldest brother?"

"But I heard that when the imperial censor Zhang Ai once went to court, the officials personally knocked out his front teeth because they disliked his ink stains."

"Um... wasn't he in a bad mood that time?"

"The official family is in an even worse mood now!"

"It's okay, it's okay. Didn't my eldest brother pay Zhang Ai the money afterwards? My eldest brother does have a hot temper sometimes, but he is reasonable. If he gets angry at you and kills you, he will definitely kill you afterwards. You will be buried in a grand ceremony, and then I will apologize to you, so don’t worry.”

"…………"

…………

In a flash, more than two months have passed. Under Zhao Kuangyin's tough tactics and personal pressure, more and more Song coins began to flow into the market, and Nan coins fell in response.

However, Zhao Kuangyin's goal of completely abolishing Nanqian is still far away. The exchange ratio of Nanqian to silver has always been hovering around 1:1000. The distance is completely abandoned, that is, it has fallen back to scrap metal. There is still some distance between the prices, but the replacement of Song Qian and Nan Qian has always been around 2:3.

It really can’t go down anymore. There are too many people who have access to foreign trade these days. The southern money can be used in Houshu, southern Tang, Jinghu, Wuyue, and in this era, the south is richer than the Central Plains, especially They are handicraft products other than food, such as silk cloth, wood soap locust, rouge and gouache cosmetics. Most of these products are produced in the south of the Yangtze River. Merchants take southern money to buy things in the south and sell them back. What is this business like? It’s not a loss at all, not to mention that the really big business is done by the border troops.

Zhao Kuangyin couldn't control this matter. Even if he forced all the governors of each town to resign, he couldn't control it. After all, they were still soldiers of the Five Dynasties.

Zhao Guangmei's initial capital of one million has been spent long ago, and he has been borrowing money from the public houses in Kaifeng Mansion.

Because the new money had just been issued, Zhao Guangyi was ruthless enough. After discussing with Xue Juzheng, Zhao Pu and others, he felt that this was a good opportunity to introduce Song money to the market, so he kept casting it, and then lent it to Kaifeng Mansion in the name of Sansi

, and then the Kaifeng Mansion borrowed the money from the public servant and lent it to Zhao Guangmei.

You know, there is no interest for borrowing money from a business to a business. It is actually a bit unruly for Xue Juzheng to transfer this money directly to Kaifeng Mansion. It doesn't even have a name at all. But if he is in a hurry to send money out, it can be considered

Special things to do.

However, the interest rate on public money is extremely high. Even if Zhao Guangmei only borrows it for half a year, the interest rate is as high as 30%. After Zhao Guangmei got the money, he kept exchanging Song money for South money.

Zhao Kuangyin is so angry. I heard that he has started practicing boxing every day recently, as if he is holding his breath and wants to beat Zhao Guangmei with his own hands.

Until one day, suddenly, the ratio of Nan money to Song money reached 1:1, and the exchange ratio of silver to Nan money rose to 1:600 ​​almost overnight
Chapter completed!
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