#1075 abolition of legal tender
Almost at the same time, a Ford sedan was parked at the gate of Yinjiang Industrial Park.
As soon as the car stopped, a small policeman with a baton on his waist immediately came forward.
Ten meters away, the little policeman asked loudly: "What are you doing? Why do you park your car here? This is an industrial area, and idle people are not allowed to enter."
The driving window rolled down and the driver handed out a document.
The little policeman looked at the ID and quickly stood attentively to salute.
The driver impatiently sent the little policeman away.
Immediately the door of the co-pilot of the car opened, and a young man hurriedly got out of the car and opened the door of the rear seat.
Then a senior general of the National Army in uniform walked down from the back seat and the policeman who had returned to the guard post found that the senior general's collar seal was decorated with three golden stars, General!
This general of the national army was either someone else, or Yu Liangzhen.
After Yu Liangzhen got out of the car, his eyes naturally fell on the industrial park.
But I saw rows of steel-structured houses on both sides of the spacious and flat main street.
Most of these steel structure houses have already moved in and factories, and countless workers are coming in and out, busy with production.
Looking from left to right, Yu Liangzhen saw light industries such as soap factories, towel clothes factories, cigarette factories, MSG factories, soy sauce factories, flour factories, etc.
At the end of the horizon, there were more than a dozen large chimneys towering into the clouds, and without exception, these dozen smoke fontanels were spewing out black smoke.
Yu Liangzhen sighed and said, "I still remember when I first came to Yinjiang five months ago, Yinxi was still a large area of farmland. I had just harvested rice and the fields were deserted. In less than five months, this place had become a city, and so many factories emerged. Looking back now, it really seemed like a dream."
Adjutant Yu Bojun said: "Yes, if Zhong Ziren is really capable, he is a good man, whether he leads troops to fight or engages in urban industrial construction."
"Yes." Yu Liangzhen sighed, "I would have liked our country to have more people like Zhong Ziren."
"Then you have to have a chance to use it." Yu Bojun shook his head and said, "Just talking about Zhong Ziren, I think it's very hard to say whether he can continue to stay in Mayor Yinjiang this time."
After pausing, Yu Bojun continued: "Maybe, even the position of Chief of Staff of the East Zhejiang Sea Defense Corps will be punished."
Yu Liangzhen suddenly turned around, stared at Yu Bojun and asked, "Bojun, who did you hear this?"
"A classmate from Lu University." Yu Bojun said, "Master, this matter has long been an open secret in Chongqing."
"Is that true?" Yu Liangzhen sneered and said, "Then I might as well tell you that I dare not say anything about others, but Chongqing may not be able to move Zhong Ziren."
Yu Bojun said disbelief: "Chief Chen can't move him?"
"Chen Shi?" Yu Liangzhen sneered, "Not even the principal can move."
After a pause, Yu Liangzhen continued: "Because the Americans have already recognized Zhong Yi."
Upon hearing this, a strange color flashed through Yu Bojun's eyes.
...
As soon as Zhong Yi returned to the municipal government compound, Xu Chao reported that the chairman of the Chamber of Commerce, Lao Naixin, came to visit.
"Is President Lao here? It's just right here, I'm just about to find him." Zhong Yi nodded, "Please invite him in."
Xu Chao turned around and left. In less than a moment, Lao Naixin, wearing a wide-brimmed top hat and a long black silk gown, bowed slightly and walked into Zhong Yi's office, and then bowed to Zhong Yi.
"President Lao." Zhong Yi asked Lao Naixin to take his seat, and then got up and poured tea for him. He smiled and said, "You old man will not go to the Three Treasures Hall for nothing. Is there anything big of a deal?"
Lao Nai thought to himself: "Is it big or not, but Is it small or not."
After pausing, Launaixin said again: "It's about the circulation of fiat currency."
Zhong Yixin said that it was coming, and it was finally time to stop the circulation of legal currency in Yinjiang.
In this matter, Lao Naixin and Zhong Yi are not consistent, because Lao Naixin has the most fundamental difference with Cao Ziying, Chen Jiming and other directors. He is not an official of the city government, but is just the president of the folk martial arts association, so he does not have to hold on to Zhong Yi's stinky feet, so he maintains a transcendent position and has never bought much of Zhong Yi's account.
Zhong Yi had actually wanted to abolish the circulation of legal currency, but Lao Naixin had never expressed his opinion.
However, Zhong Yi was not in a hurry to do this, because what he wanted was not a real dictatorship.
Today, Lao Naixin finally couldn't help but propose to abolish the circulation status of legal currency.
"That's right." Lao Naixin pondered, "All colleagues of our Yinjiang Chamber of Commerce unanimously agreed that due to the arbitrary issuance of the Ministry of Finance, the legal currency has completely lost its credibility. Therefore, I specially entrusted me to submit a formal application to the municipal government to abolish the currency status of the legal currency in Yinjiang City and change it back to silver dollar and copper dollar settlement."
Zhong Yi asked: "Have you thought it through?"
"Think it clearly." Lao Naixin nodded, "If we don't change it back to silver dollars and copper dollars settle, our factory will not be able to produce it at all, because the more production, the more losses you lose."
"Okay," Zhong Yi said, "I will issue an order now that the municipal government's bureaus will gradually abolish the circulation of legal currency within half a month, especially the Finance and Taxation Bureau, and will re-collect silver dollars from now on."
Launai's intention had been achieved, and he left without even taking a sip of tea.
Gong Weiqian walked in from outside and whispered: "Mayor, have you ever thought about it?"
Zhong Yi signaled Gong Weiqian to continue, and he said again: "If it is changed back to silver dollars, then in Yinjiang, silver dollars and US dollars can be traded directly, which will inevitably lead to a large outflow of silver. Our country actually implements a silver standard. If there is a serious shortage of silver, it will cause serious deflation."
This was actually the case before Song Ziwen promoted the fiat currency.
Because once silver is short, it means that there is less money in the market.
Money is essentially a kind of commodity. Once the commodity becomes scarce, the price will definitely rise. However, the commodity like money is different from other commodities. Other commodities such as pork have increased prices. At worst, they will not eat it or cloth have increased prices. At most, they can wear old clothes. But money is different. Money will rise to the sky, so everyone still has to use it.
So money in the market will become increasingly scarce.
If it is enlarged to the entire circulation market, severe deflation will occur.
When deflation reaches a certain level, all economic behaviors will stagnate. Factory owners have no money to buy raw materials, shop owners have no money to purchase goods, workers have no money to consume, and the entire country's economy will collapse. This is a very terrible thing.
Chapter completed!