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3872 Financial Seesaw

Liu Jue hesitated and realized, he nodded and said, "I suddenly realized it! In fact, this great way is so simple. People in the world often make this mistake and always make simple things complicated!"

"Since the head of state has broken the window paper, I have another problem... Can I look at Zhang Dabing's reckless behavior from another perspective?"

Xiao Letian's eyes lit up, "Speak! Tell it boldly!"

"Thank you, Head of State!" Liu Juehe sorted out his thoughts. "I must first declare that I think the head of state's analysis of capital is completely correct, and his understanding of people's hearts is also amazing!"

"Then I think there is another explanation to understand this attempted financial strangulation conspiracy based on the head of state's ideas!"

"How do you say it? Let me sort out the language...it should be said that the expansion of Chinese people's money...well...it exceeded the speed of physical development!"

"Because of this imbalance, capital has the urge to take risks!"

Oh! Xiao Letian clapped his hands and said, "It tastes good! Learn from one example and you will find the key to our problem from the story of European capital development!"

"Okay, okay...you said what I want to say in advance, and it's more precise! Keep talking..."

Liu Juehe, a small landlord from a Jiangnan family, has never had any fame and fortune in his entire life. When encountering the Taiping Heavenly Kingdom War, his family's business was destroyed and his family was in decline!

Liu Juehe, who became a beggar, was called Liu Bedbug at that time!

But it is this bedbug that has insight that ordinary people cannot reach! He is very patient and will never follow the crowd!

In the crisis of the collapse of Jiangnan Nanpiao, he relied on a bag of Nanpiao's "garbage" he picked up to exchange for his first pot of gold!

Since then, he has fallen into Xiao Letian's eyes and asked the shopkeeper Fan Jian to take him to study with him. Later, he has handed over all the supervision and management rights of the Jiangnan stock market to him!

Liu Juehe did not disappoint Xiao Letian. His analysis of the current economy was indeed a unique flavor!

"When did the power of the head of state start to rise? I think it should start from the time when the news of the West Travels in 1865 became popular all over the country!"

"Because that was also the beginning of the head of state's private silver dollar business!"

"It has been seven years now! In seven years, have you discovered that although the head of state has set its strategic goal on industrialization, industrialization is like building a tall building, and it has to pile up one by one!"

"High-rise buildings cannot be built without foundations. Industrialization cannot be achieved overnight. Seven years of development are nothing more than the Northern Industrial Special Zone and Ryukyu Island. It is considered to have entered a profit period!"

"The scale is actually not large, it cannot compare to Britain, France and the United States, and we cannot compare to Germany and Austria at the moment! In Europe, our productivity is comparable to that of small countries in Italy, and to Portugal, Spain and the Netherlands!"

"Industrial development takes a hundred years, but there are indeed too many enemies that wolves feed us around. Are there new forces? There are always hungry wolves who want to bite us, so they are forced to strengthen the army before the industry rises!"

"Spend money to buy equipment, import weapons and ammunition, and use real money and silver to build an iron army! This is the cleverness of the head of state. Any successful regime must first build an army and then develop an economy peacefully!"

"Industry emerging has no hematopoietic function yet, but a strong army is another bottomless pit that requires money to support... As a forced force, the head of state can only use evil tricks!"

"Haha... I'm sorry!" Liu Zuohe bowed to Xiao Letian. "In fact, it's not a bad move, it's just a little eager for quick success and instant benefits!"

Xiao Letian didn’t care about these trivial matters, but he listened with relish!

He waved his hand and smiled to signal him to continue. Liu Juehe was encouraged and his voice was raised twice. "Industry cannot provide enough financial resources, so he can only rely on the power of finance!"

"The head of state privately cast the Eagle Ocean, and later he explicitly casts the dragon-patterned silver dollar. This is actually robbing money from the backward fire consumption system of the Qing Dynasty!"

"Because no one is willing to burn this exquisite silver dollar back into silver ingots, which will make the profits consumed by the fire!"

"Then the next thing is the wonderful currency of military tickets! It is a currency supported by confidence. Once promoted, it will quickly become the current Nanpiao and Beipiao!"

"What is this banknote? We all need to say something outsider. Isn't it just the head of state who secretly engages in inflation?"

"Be careful to maintain the credit of the market so that the credit does not collapse, and then secretly issue more paper money... Is the silver in our Chinese treasury enough now? Is it really enough to exchange for all the South China tickets in the market?"

"Of course not. We have issued three or four times the Nanpai bill. The credit of this kind of banknote is extremely dangerous at present!"

"If the head of state hadn't been using victory to support people's hearts, it would have collapsed long ago! From this perspective, this boldness should be damned!"

"If he creates this financial crisis, the urine bubbles that were blown up in our Nanpiao Market before will collapse!"

"What are the current prices in Jiangnan? Except for the large amount of imported grain that supports the price of grain, which of the other products does not increase?"

"Anyway, my young family business has not yet been ruined. A good West Lake Longjing can buy a large tea basket. What about now? It has long increased to five taels of silver!"

"The people don't understand the tricks here. In fact, we all know that the extra money goes back and forth and over again and again, it is all brought to our Chinese treasury because of the Wei Chao of Nanziao!"

"But it won't work if you don't do this! If you don't do this, we have money to buy the Zhiyuan series of warships? If you have money to fight the Rakshasa ghosts, how about France fighting?"

"A cannon fires, it's ten thousand taels of gold!"

"In other words, before the Franco-Prussian War, a seesaw structure that focused on finance and neglected industry had already appeared within our Chinese people!"

"Of course, it is not the responsibility of the head of state or our goal, but a special situation in a special period!"

"I believe that as our industrial power expands, the industry will always become heavier and heavier!"

"But this takes time! The current situation is still the same. All money flows in the air in our Jiangnan! Countless flying money that cannot find opportunities to invest in industrial!"

Liu Juehe sighed, "Now the flying money has not been digested, but the legal publicity has been completed again!"

"What a proud thing for others to see the victory of the French Propaganda. The French compensated us 1.2 billion gold francs... a full 297.6 million taels of silver!"

"It costs 432 million silver dollars to cast into dragon pattern!"

"A huge victory. After the silver ship arrived in Shanghai, the stock market in Jiangnan soared during this period, and all our Chinese bonds were sold out!"

"In this victory, the people of Jiangnan all came to the head of state..."

"Is it good? It's so good... but are there any hidden dangers? Of course there are!"
Chapter completed!
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