I am the God of War in Anti-Japanese War Read Online- Text Chapter 422 The Difficulty of RMB Latest Chapters- Free Web Novel,Novel online

Add Bookmark | Recommend this book | Back to the book page | My bookshelf | Mobile Reading Free Web Novel,Novel online - All in oicq.net -> Historic -> I am the God of War in Anti-Japanese War: Text Chapter 422 The Difficulty of RMB; Previous page Return to Catalog Next page;     The old man got straight to the point, making Yang Zhen slightly stunned.  Although he was a little hesitant, Yang Zhen decided to be honest and tell his thoughts truthfully: "Uncle, what you said is right. When I visited my house yesterday, I did have some immature thoughts and wanted to talk to my uncle.  Let’s discuss it.”

    "Uncle, there is an old saying in China since ancient times: Farming will not be stable, no work will not make you rich, and no business will not make a living. Whether it is a large country or a small city, if there is no food, the people will not be able to eat enough. Without industry, the people will not be able to survive.  There will be no income, and there will be no prosperity. Without commerce, materials cannot circulate, and there will be no tax revenue. And without tax revenue, our base area will become a backwater."

    "And most of us are soldiers. Although we can't do very well in war, we can still be considered qualified. But if we are asked to do business and trade, this is not what we are good at. We are about to conquer the world, but we are not good at it.  I think my uncle should be very clear about the reason why we can’t rule the world right away.”

    "And the difference between us and Japan is not just as simple as national power. Japan is an industrial country and can produce all the weapons and equipment needed by its army on its own. But for us, almost everything is still  Rely on external providers.”

    "In this way, not only does our lifeline have to be controlled by others, but it also puts considerable pressure on us economically. Especially given our current limited financial resources, we are under great pressure. But our foundation is too thin.  , even with limited financial resources, in order to ensure the combat effectiveness of the army, we can only rely on imports, which means that the amount of funds required every year is almost quite huge.”

    "My uncle has been in business for many years. It can be said that he started from scratch and relied on his own efforts to create a huge family business. What is even more rare is that my uncle has always cared about the country and the nation and is a patriotic businessman. We believe that my uncle is absolutely capable.  People, I believe in the patriotic feelings in my uncle’s heart.”

    "We hope that uncle can not only provide us with some help in economic construction, but also help us broaden our financial sources. We are really not good at this aspect. Three larger cities, plus dozens of counties  , managing a population of millions and achieving orderly development is a severe test for us.”

    "Not only now, the base area will also develop and grow in the future. All of this requires an orderly management process. At the same time, the government must improve people's livelihood, develop the economy, and make all preparations for the final defeat of Japanese imperialism. These  , it all requires everyone’s collective efforts.”

    "We are currently vigorously developing the military industry and shouting the slogan that everything is for the front line. But so many people need to eat, clothe, and work, which is a new test for us. The wartime economic system is currently  It is a helpless choice under the circumstances, but this economic system cannot last long.”

    "Now we are facing many, even considerable, difficulties in economic construction. I just told you that many of our materials, including some military raw materials, still need to be imported from Jiangbei. These imported materials,  The financial pressure is quite heavy for us.”

    “The annual fiscal deficit in this area alone is as high as hundreds of millions of Manchukuo currency. All shortfalls are now being balanced by the gold produced from several large gold mines in the base area, as well as borrowing foreign debt. But our gold production is  The limited resources cannot be used to import supplies. Too much foreign debt will also affect our own development. "

    "And if we want to engage in economic construction, we also need a huge amount of investment. In order to completely drive Japanese imperialism out of China, even if we tighten our belts, we must build a batch of our own defense industries. During this period  , we have had too many experiences of being strangled.”

    "But our country is a thoroughly agricultural country. Most of the limited industries in the northeast are concentrated in southern Manchuria. Except for some mining and logging industries, northern Manchuria is almost blank. We must build on this basis.  The cost for one of the most basic industries in today’s war is almost astronomical.”

    "After a period of time, the people have a certain understanding of us. However, the people still don't trust the currency issued by the base area, and it is very laborious to implement. A large part of the merchants refuse to accept it, and the people do not recognize it. Currently in Harbin  In the market, counterfeit Manchu coins are still mainly circulating, and there are even a small number of Fengyang coins issued by the Northeast Official Bank before the September 18th Incident. "

    "As an emerging regime, we don't want to take drastic measures to enforce it. But if this situation continues, it will be very detrimental to us. Moreover, the issuance and circulation of pseudo-Manchu currency are still mainly in the hands of the enemy and puppets.  ??? This situation can easily be exploited by the enemy to disrupt our financial order and undermine our war potential.  "

    "How to establish a reasonable and effective financial source, take some measures to allow the people to fully accept our own currency, and establish our own financial order is an urgent matter for us. Relying on the captured enemy and puppet funds,  After all, it is not a long-term solution. The lack of effective economic management talents has become our biggest headache. "

    "The old man has been tested in the business world for a long time, and he is well-informed. Before the September 18th Incident, he went to Peking, Tianjin, Shanghai and other economically developed areas many times, and his vision is far beyond what my generation can compare with. So the younger generation  I want to ask the old man to come out and give us some guidance. Moreover, I still have some immature ideas in my mind, and I still need the old man’s help.”

    After listening to Yang Zhen's words, the old man pondered for a moment and then said: "The people's ability to accept and have confidence in a new currency is based on an effective economic foundation and your strength on the battlefield. As long as you continue to win on the battlefield  , the people’s acceptance of the currency you issue will continue to increase.”

    "However, when you issue currency, you must also consider the quality of the currency. Now it seems that the currency you issue, called RMB, is printed too roughly, and even uses lithographic technology, and has almost no anti-counterfeiting performance.  No wonder it’s hard for people to accept it.”

    "I also know that your conditions were very difficult before. As the commander-in-chief of an army of hundreds of thousands, you only have a meager meal every day. I heard Xiao Yuan say that you have to calculate the daily fuel consumption of your own vehicle. In  It is unrealistic to invest too much effort in printing currency at once.”

    "But General Yang, you must also consider that the currency has been in chaos since the Republic of China. All parties with a little strength have issued their own currency in order to make money. First, the Beiyang Government, and then the China and Communications Banks under the National Government issued currency. The Japanese started  North Korean banks issue currency, and even some large and small banks also issue currency.”

    "In the Northeast alone, there are Yangyang, Feng banknotes, Longyuan notes, copper dollar notes, Japanese military notes, gold dollar notes issued by the Bank of Korea, Japanese yen, and Russian Qiang stickers. There are even some other popular ones such as Jin notes and Hebei notes.  The currency within the customs is divided into big ocean and small ocean."

    "These currencies, such as the Hebei bills popular in South Manchuria, were simply issued by some warlords to raise military expenditures and make money. Most of the currencies were crudely made, and they didn't even have reserves. These currencies have no ability to circulate at all, but they are used with guns.  Zi forced the people to accept it.

    "After the Fengcun launched Fengyang, it stabilized the chaotic financial situation in the Northeast for a short period of time. However, the civil war in the past years, military expenditures were too huge, and the Fengxian currency continued to depreciate year after year. In addition, in order to compete for the financial power in the Northeast, the Japanese secretly  With constant confusion, Fengyang also collapsed several times. It was not until the Japanese established the so-called Puppet Manchukuo State that they forcibly unified the Northeast currency. "

    "In recent years, the common people have suffered from currency chaos and are psychologically repelled by some currencies. In addition, the currency printing you issued is really rough, so it is not surprising that the common people do not accept it. The common people have worked hard for several years, and even  After decades of accumulating a little bit of savings, once encountering currency instability and inflation, the savings of decades may become a pile of waste paper.”

    "Let the common people who have suffered from currency chaos for many years receive a crude currency. General Yang, let's put ourselves in his shoes. Do you think it is possible? Especially when you have not yet gained a complete advantage, the common people have  What do you think in your crude mind?"

    "Do you also think that you are just trying to raise military expenses, regardless of the life and death of ordinary people? General Yang, you are still young and may not have had that experience. You have worked hard for a whole year, but what you have received in exchange is like waste paper, devalued  What do you think about banknotes that move faster than they are issued?”

    "In order for the common people to accept the banknotes you print, the first step is to improve the printing technology, and also take some technical measures to make those banknotes at least look like banknotes instead of a piece of waste paper. There is a puppet Bank of Manchuria in Harbin.  Can the currency printing factory use its equipment to improve the printing quality of banknotes? "

    "The second is that you must win more battles on the battlefield. The more battles you win, the more confident the people will be, and these currencies will gradually circulate. Another point is that prices must remain stable, as long as there is no inflation  , With the currency depreciating significantly and advancing step by step, it will be a matter of time before the people accept these new currencies. "

    "The issuance of a currency does not mean printing as much as you want. It should be formulated based on your economic policy and the market's acceptance. Especially in theDuring the war, it was not so easy for the side currently at a disadvantage in terms of overall strength to implement a brand new currency.  "

    "We need to build confidence among the people in a newly issued currency, especially if we cannot use bayonets to implement it like Japan did. Forcible implementation and forced exchange, although the effect can be seen within a short period of time, it will only make it worse after a long time."  People have lost confidence in you.”

    "Since it cannot be enforced by force, we must do everything possible to maintain price stability, which means ensuring adequate market supply. Only when prices are stable, inflation will not occur, and the purchasing power of the new currency will be guaranteed. In this way,  This also builds people’s confidence in this currency. Once people’s confidence is established, they can use market means to gradually adopt exchange measures.”; Didn't finish reading? Add this book to your favorites I'm a member and bookmarked this chapter Copy the address of this book and recommend it to your friends for points Chapter error? Click here to report; Previous page Catalog Next page

Text Chapter 422 The Difficulty of RMB

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