A straight-A student's life begins in troubled times
47 A legal currency that had depreciated by 35 million times in ten years!

Dream 25

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When Yang Zhao heard Yilong's words, he was furious.

After being unable to reason with the soldiers of the Military Industry Department, he immediately expressed that he wanted to talk to Chen Qi.

Then, half an hour later!

Yang Zhao stood beside Chen Qi and smiled apologetically."Alright, no problem. Whatever you say, we'll do it. We'll do whatever you say we should do next!”

"Brother, are you thirsty? I'll pour you a bowl of water!”

"Are you full at noon? If you're not, let's go to the logistics department to eat more. I'll get someone to stew an old hen for you to eat!”

Sigh, it wasn't that Yang Zhao had no moral integrity, but that the other party had given him too much.

Outside, the fabric cost 40 to 50 French coins per bolt, and the supply price of the military department was 10 yuan per bolt.

In the enemy's territory, a bottle of Aspirin cost 200 to 300 dollars, but the military department only needed one silver dollar.

This was no longer a cheap price, but a free gift.

What else could Old Yang not be satisfied with?

Furthermore, the chiefs had also said that in the future, apart from a fixed portion of the research and production funds allocated by the headquarters, the rest would be settled by the military department themselves.

This way, the Military Industry Department would no longer be begging the Logistics Department, but the Logistics Department would be begging the Military Industry Department.

Chen Yaoqian had also become Chen Caishen.

If he didn't curry favor now, when would he?

The old and shrewd Minister Yang Zhao's expression immediately changed when faced with the God of Fortune. His care was absolutely meticulous.

Chen Qi was also speechless for a while." Alright, my Minister Yang, let's not play around. If we have the time, why don't we discuss how to earn money next?"”

"Earn money?"

Yang Zhao was stunned and confused.

What money?

He bought the materials and medicine for the soldiers at the front line, not for money.

"I say, Minister Yang, don't tell me you're only thinking of purchasing materials and medicine for the soldiers at the front line?" Chen Qi shook his head. Did he not think of selling it to the enemy's rear or the Shancheng District?”

Yang Zhao replied matter-of-factly,"Why sell it to the enemy's rear and the Shancheng District? We warriors don't even have enough for ourselves, so how can we sell it?”

Yang Zhao felt that Chen Qi's thoughts were very dangerous and couldn't help but say sternly,"I say, Comrade Chen Qi, don't tell me you still want to sell cloth and medicine to the enemy?”

"Besides, even if we have enough soldiers, don't we still have the villagers in the base? It can't be that our Eighth Route Army has clothes to wear and medicine to use, but we still let the villagers freeze and have to endure when they fall sick, right?”

It wasn't that Yang Zhao didn't know that he could earn a lot of money by selling things to the enemy's rear or the Shancheng District, but the soldiers on the front lines and the villagers in the base didn't have enough, so how could he sell things out?

Chen Qi shook his head." Comrade Yang Zhao, I know that you care about the soldiers on the front lines and the people in the base, but you have to understand that the people in the enemy's rear and the people in the Shancheng District are both people of the Dragon Kingdom. We have to treat them equally.”

"In addition, the development of the Eighth Route Army and the military base will require a large amount of funds. This funding will definitely not only rely on the assistance of the patriotic merchants, but also need to be resolved by ourselves.”

"The most important thing is that I want to take this opportunity to start printing the currency that belongs to our Eighth Route Army."”

"Print our own currency?”

Yang Zhao couldn't help but gasp at Chen Qi's words.

But was that even possible?

The Eighth Route Army was not part of the mountain city. They did not have banks, nor did they have gold and foreign currency reserves. They simply did not have the conditions to issue their own currency.

Chen Qi ignored Yang Zhao's shock and continued,"Comrade Yang Zhao, you should know why I only want gold and silver coins, not legal currency!”

Yang Zhao fell silent.

How could he not know this question?

The reason was very simple. It was because the currency issued by the mountain city had depreciated too quickly.

Today, 10 yuan could buy a piece of clothing. Tomorrow, it might cost 20 or 30 yuan to buy a piece of clothing.

In less than three years, the currency issued by the mountain city had depreciated by more than ten times.

Who would believe in such a currency?

Of course, if Chen Qi knew what Yang Zhao was thinking, he would definitely tell him the truth.

Depreciating ten times was nothing at all.

According to the statistics of later generations, on the eve of the Anti-Japanese War in 1937, the total amount of legal notes issued was only 1.4 billion yuan.

By the time the Wei Nation surrendered in 1945, the amount of legal notes issued had reached 500 billion yuan.

By April 1947, the circulation had increased to more than 16 trillion yuan.

By 1948, the amount of money issued had reached more than 660 trillion yuan, which was 470,000 times that of before the war. The price of money had risen by 34.92 million times, and the legal currency had completely collapsed.

In just ten years, prices had risen by 34.92 million times.

In other words, in just ten years, the legal currency had depreciated by 34.92 million times.

Note that the main point is not 3492 times, but 34.92 million times.

When the value of the fiat currency was at its peak, its value was not even as good as the same weight of the Underworld currency and white paper.

Chen Qi did not dare to accept such a currency.

Then, the currency would depreciate and prices would rise. Who would be the one who would be cheated in the end?

Only the commoners.

Therefore, Chen Qi suggested that the head of the headquarters issue a currency that belonged to the Eighth Route Army, in order to prevent the sudden collapse of the legal currency, and the money in the hands of the people would suddenly become waste paper.

Of course, Chen Qi also knew that the Eighth Route Army currently did not have the qualifications to issue currency, so he explained,"I understand Comrade Yang Zhao's concerns. I've just discussed this issue with the commanders, and in the end, we've decided to first promote the distribution of food and cloth tickets in the base areas.”

"When the Eighth Route Army really liberates the entire Dragon Country, we will be able to quickly stabilize the domestic prices and economic and monetary system, instead of turning the money in the hands of the common people into pieces of waste paper.”

Chen Qi and the generals had discussed this issue several times before they finally decided to use this opportunity to promote the cloth ticket issued by the Eighth Route Army.

Yes, the Eighth Route Army was poor and did not have gold and foreign exchange reserves.

However, with the emergence of chemical fabrics and the construction of garment factories, the Eighth Route Army could issue cloth tickets and replace the legal currency in the base area.

This would also prevent the Wei Nation, the western powers, and the mountain cities from plundering the wealth of the people of the Dragon Country.

They would do their best to protect the savings and money of the common people.

Hearing Chen Qi's explanation, Yang Zhao quickly understood why Chen Qi wanted to sell the items to the enemy's rear and the Shancheng District.

Other than earning money, the biggest purpose of doing this was to distribute tickets for the Eighth Route Army and lay out the monetary system.

After understanding this, Yang Zhao didn't hesitate any longer and directly said,"Comrade Chen Qi, just say it. How do you need our logistics department to cooperate? As long as our comrades in the logistics department can do it, we definitely won't frown.”

This book comes from:m.funovel.com。

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