#1161 hindsight(2/2)
"What Chief Jin said is very reasonable, and I also find it a bit strange. The amount of SGD circulating on the market seems to be much more than we imagined. I think it is necessary to arrange for people to go to the printing workshop to check it out to see if they are really printing SGD as required, and whether there are additional printings of SGD to be put on the market."
The shareholder who spoke obviously suspected that Silla Money House did not print the SGD as originally agreed.
In fact, this is also the concern of businessmen outside.
Otherwise, everyone would not try their best to exchange the Singapore dollar in their hands into gold and silver.
"In the printing workshop, everyone can arrange people to investigate at any time. But I think the most urgent task is not to discuss this issue, but how to solve the problem of bank runs. Once our Silla money house cannot exchange SGD in time, the credit of SGD will collapse immediately, and everyone here will suffer significant losses."
Jin Wentong's face was also very ugly.
These days, he hasn't had a good night's sleep.
He just couldn't understand why the good situation changed so quickly?
Why do you feel that the sky in Silla has collapsed?
Even though Yoon Gaisuwen of Goguryeo personally led a large army to attack Silla, the people of Jincheng were not as panicked as they are today.
"Limit the amount of SGD that everyone exchanges each time. Only in this way can the crisis of Silla Money House be alleviated and free up more time to find a way."
Lu Wu proposed his own plan.
Although limiting the amount of redemption will also bring a very crisis to the circulation of SGD, it is better than not being able to redeem it?
"Although restriction of redemption is a solution, we must also find ways to raise more money so that the merchants and people in Jincheng have confidence in our Silla Money House, otherwise restriction of redemption will not solve the final problem."
Jin Xishan's words came to the point.
The problem of paper money is essentially a matter of trust.
If everyone believes that the currency value of paper money is stable, then everything will run very stably.
On the other hand, it will be messy.
"General Jin, should we ask Shenggu to arrange more people to go to Shiluo money shops in various places to maintain order? Or would we suggest to Shenggu to directly ask General Kim Yu-shin to lead the army to Jincheng?"
Park obviously ran into concern about the safety of Silla Money House.
These days, they have heard of the turmoil in various grain shops.
This situation of constant deterioration made him feel worried.
"If the army enters the city, everyone's panic may become even worse. The scene this time is different from any time before. People are holding SGD now, but the things they can buy at SGD are getting less and less day by day.
At the beginning, you could buy a pound of high-quality rice in one SGD. Now you can’t buy a pound of rice in twenty SGD. No matter who you spread, you will be panicked.”
Jin Wentong didn't agree with Park Myung's proposal very much.
Once Kim Seung-man agrees to Park Myung’s proposal, it means that the issuance of Silla Money House and SGD this time will be a complete failure.
No matter what happens, someone will always pay the price if it fails.
How good will his Jin Wentong end up being better then?
"I heard that during this period, many of the materials on the market have been bought by Tang Shang. Do you think we should push all the matters this time on Tangren?"
In the room, a faint voice began to remember, making everyone tremble.
This proposal is crazy!
Chapter completed!