The explosive news was sent by American businessmen. During this period, all telegraph machines in the Ryukyu Kingdom had been officially blocked. Ships on the sea were not allowed to approach the docks, ships in the port were not allowed to go to sea, and personnel exchanges and information transmission had been cut off by Xiao Letian.

This is the harbinger of the beginning of the war. In the concessions of countries on the Huangpu River, almost all foreign newspapers were discussing this war. Countless critics painted on the map, speculating where the Russian fleet was, how powerful the combat power was, and what ability of Xiao Letian to counterattack.

The foreigners' attention has been attracted to this war, and no one has ever visited the show, dance, socialize, and even their favorite bars often.

Not only foreigners are paying attention to this war, but all the enlightened Chinese gentry are paying attention to this war. It would be impossible not to pay attention to it. The war between the Chinese and Tsarist Russia is related to the economic safety of the entire Jiangnan. Whether Nanpiao is a piece of waste paper or a reputation in this battle depends on this hammer transaction.

If Xiao Letian wins, the credit of Nanpiao will soar, and the people's confidence in this piece of paper will increase several times. At that time, the issuance of paper money will increase, and the economy of Jiangnan will prosper more and more due to the increase in the money supply.

If Xiao Letian is defeated, Nanpiao will become waste paper, all the Chinese economic layout in Jiangnan will be ruined, foreigners and Qing forces will begin to counterattack, and all companies that have lost blood due to the Nanpiao crisis will be looted.

Not only that, the failure of the Nanpiao will destiny the banknotes to go bankrupt. The Chinese people will not believe in banknotes at that time, and it will be impossible to issue new banknotes.

By then, Jiangnan will return to the slow deflationary state in the past.

Not only foreigners understand these economic common sense, but many Chinese big businessmen, such as Hu Xueyan, also understand them, but they only have different expression methods.

On the bank of the Huangpu River, Hu Xueyan sat anxiously next to the window of the Western Restaurant on the second floor of Licha Hotel, looking at the rolling Huangpu River, feeling extremely heavy.

He was thinking about the impact of the victory or defeat of this currency war on the Jiangnan economy. If Xiao Letian fails, nearly 2 billion paper money will become waste paper. Not only will the Jiangnan economy be sheared, it will also fall into a very large money shortage.

The current prosperity of Jiangnan's economy is the result of the post-war economic recovery, and on the other hand, it is also the result of the sufficient circulation of currency in the market.

If there were 10 billion taels of silver floating on the market in Jiangnan in the past, this was the total amount of blood in the blood vessels of Jiangnan's economy, then all economic development would rely on this 10 billion currency to target. That is to say, as long as silver does not flow out and inflows, the total economic amount on Jiangnan's books would always be 10 billion.

No matter how much your commodity volume increases, because there is only so much money, then the total economic output of using money is always 10 billion.

Now nearly 2 billion yuan of paper money has been added out of thin air, which means that Xiao Letian alone has increased the size of Jiangnan's economy by 20%. Now many small businesses and small buyers have become much easier for borrowing money to raise funds, and many new workshops, shops and even factories are also emerging.

The extremely long development of the Jiangnan economy in recent years is actually very important to Xiao Letian's banknotes. If these 2 billion banknotes become waste paper, then the Jiangnan economy will uncontrollably enter a state of austerity.

Businessmen who lose their sense of security will turn silver into land or simply bury it in the back garden. The 10 billion circulating currency will drop sharply like an avalanche. At that time, the 400 billion circulating currency can be left on the market in Jiangnan, which will be considered a burning fragrance.

There is still so much land, there are still so many factories, and there are still so many goods. The economy in Jiangnan is still so big. Whether there is any war or not, no one will burn down these wealth.

The total amount of physical goods is still so much, but the total amount of money on the market is suddenly lost half. What are the consequences? Naturally, prices plummeted but no one is willing to buy it or can't afford it.

The reason is very simple, is it that if you only invest 5 billion in the economic total amount that was originally worth 10 billion, then the total amount of economic total amount of 10 billion can only be used as 5 billion.

Money is actually the subject matter of human wealth. Money cannot be eaten or worn. It only has one target function to ensure the smooth circulation of human goods.

If the Qing Dynasty was still the Qing Dynasty of the Kangxi, Yongzheng and Gansu, it wouldn't matter. Isn't it enough to close the door and resolve the crisis bit by bit? The market price of goods will be high, and the income of people will also increase. The price of goods on the market will be cheaper, and the income of people will also decrease, just like holding them with their backs.

But now is not that closed era. Now is the era when the great powers knock on the gates of the Qing Dynasty. This is the era of semi-coloniality. The silver in your circulating currency in the south of the Yangtze River has been silted. How can foreigners have cheap silver in their hands?

When you have shortage of money in the market and all the supplies are cheap, these foreigners will enter the market to grab the funds in a crazy way. Your tea mountain is good, so let’s get a price, and the foreigners will buy it.

Your winemaking workshop is good, and you are short of money? Come on, sign an agreement with our bank, and I will ask you 60% of your shares. You can work hard for me in the future.

Land, factories, goods, shops, farmland... countless tangible and intangible wealth will be swept away by foreigners in this storm. Many transactions seem to be time-honored on the surface, but the internal equity distribution has long changed.

Hu Xueyan thought of the scene of the sky falling and the ground. The three mature steaks on the snow-white tablecloth in front of him were the meat of all living beings in Jiangnan! He was placed on the dining table with blood, waiting for the moment when the knife and fork were cut off.

Sitting opposite Hu Xueyan was Heng Liwen, the Asia President of Citibank. He stared at the Chinese opponent on the opposite side with a smile as calm as an old cat playing with a mouse.

"Does the steak taste bad? I remember you once said that you like Western food very much? The Licha Hotel is the earliest European hotel in Shanghai. The food here is served by famous chefs from Paris, so you must try it!"

Hu Xueyan still couldn't eat it, so he put down his knife and fork, "It's better to open the skylight and say something! It's absolutely impossible for you to make me betray the Qing Dynasty. My Hu family hasn't had a traitor yet!"

"No, no, no... Mr. Hu made a mistake? I just want to deal with Xiao Letian. As far as I know, aren't your Beijing court also competing with Xiao Letian for the Nanziao opponent? What they want to do is the same as us, and they are all waiting for the Nanziao credit to collapse!"

"Think about it carefully. After squeezing Xiao Letian's power, who will take the advantage? Of course, it's the imperial court in Beijing!"
Chapter completed!