Brother Song Taizu

Chapter 64 Currency Wars

"Your Highness! Your Highness! It's gone up, it's gone up, Nanqian has gone up again! It's [-] Wen, it's already gone up to [-] Wen, and it's almost before Song Qian is released! We...we've made a lot of money!"

Sun Liancheng's face was as happy as a chrysanthemum. He had been in business all his life, and this was the first time he knew that money could be so easy to make. He could make so much money just by flipping one hand. many.

"Calm down, be calm. How many times have I told you, if you follow me, you may become the prime minister in the future. Don't be always surprised. How is my brother's reaction now?"

"Well...I heard that the officials were furious this time. Not only did they scold Xue Xianggong and the second king for not doing their job well, they also issued an edict and severely reprimanded the governors of each town, and even sent soldiers and horses to supervise various places. Even the state capitals and officials in various places have specially sent officials from the DPRK and China to inspect and strictly grasp this matter. Should we... take advantage of the rising prices now to come back and collect another batch? "

"Oh? It's really rare to see my eldest brother being so domineering. Hahaha. It seems that he is really anxious this time. Hey~, it seems that the palace is not safe now. Maybe one day eldest brother will be so angry. In a hurry, he came over with a coiled dragon stick and beat me up. Well, no, I have to pack my things. Starting tonight, I will live in my mother’s room. I have to let my mother hug me to sleep these days.”

"But this is also a good thing. The more furious he is now, the harder the price will rise when it rebounds in the future. I estimate that the price may actually drop a little in two days. Taking advantage of this opportunity, send If you go to the nearby big mansions, they will charge you as much as you want."

"Return, take it again."

"Take it, take as much as you want. In addition, you might as well ask my second brother to lend money from Fei Qian in Kaifeng Mansion, and borrow Song money. As long as he is willing to lend it, we might as well agree to any conditions and transfer the assets and so on. All of them have been mortgaged, and then these Song coins, regardless of the exchange ratio, will all be exchanged for me in the market for Nan coins."

When Sun Liancheng heard this, he looked confused.

The money Zhao Guangmei asked him to borrow is called public money, which is an old rule that has been in existence since the Tang Dynasty. To put it bluntly, it is a usury loan issued by the local government, and the income generated is specially used for the small officials in the yamen, such as the class. Tooth hair bonus.

After all, civil servants in ancient times had no salary. No matter how corrupt they were, there were always some petty officials who had no real power in their hands and could not earn much money, but they had to follow their own rules. This is what these people are referring to.

This system disappeared after entering the Song Dynasty, but now it has just entered the Song Dynasty, and these policies of the Song Dynasty have not yet had time to be implemented.

Sun Liancheng was stunned for a moment before he realized that His Highness was not only betting on the rise of Nan's money, he was clearly betting on the fall of Song's money!

Although he didn't quite understand the basis for His Highness's certainty, he really wanted to believe that His Highness was right.

but……

If only Nan Qian rose, it might be okay, but if Song Qian fell...

Isn't this a big-mouthed man slapping officials left and right?

Is it true that officials won’t become angry from shame?
No wonder he wanted to hide in the Queen Mother’s bed to sleep!

But where should I hide? !What can I do if the officials take it out on me?

With a little bit of luck, he said, "Aren't all our properties mortgaged to Tianxiong Army?"

"Are you betting again? We won't lose anyway. Besides, it depends on my identity. Whether or not I have collateral is just a procedure. Oh, don't worry. If I don't earn this money, then someone else will give it to me. I have earned it, and it is very likely that it will be earned by the Southern Tang Dynasty and Hou Shu. My brother will definitely be beaten in the face. If I beat him, it is better than if Meng Chang or Li Jing beat me, right? The money will go into my pocket. Isn't this the meat rotting in the pot? What's the difference if you follow him?" Sun Liancheng almost cried: "This is the truth, but...but the official's temper...you are not afraid, I am. "

"Don't be afraid, don't be afraid. My eldest brother has such a good temper. How many arbitrary emperors in history have a better temper than my eldest brother?"

"But I heard that the imperial censor Zhang Ai once had his front teeth knocked out because he was dissatisfied with his ink stains."

"Um... wasn't he in a bad mood that time?"

"The official's mood is even worse now!"

"It's okay, it's okay. Didn't my eldest brother pay Zhang Ai the money afterwards? My eldest brother does have a hot temper sometimes, but he is reasonable. If he gets angry at you and kills you, he will definitely kill you afterwards. You will be buried in a grand ceremony, and then I will apologize to you, so don’t worry.”

"........."

…………

In a flash, more than two months have passed. Under Zhao Kuangyin's tough tactics and personal pressure, more and more Song money began to flow into the market, and Nan money also fell in response.

However, Zhao Kuangyin's goal of completely abolishing Nanqian is still far away. The exchange ratio of Nanqian to silver has always been hovering around 1:1000. The distance is completely abandoned, that is, it has fallen back to scrap metal. There is still some distance between the prices, but the replacement of Song Qian and Nan Qian has always been around 2:3.

It really can’t be lowered anymore. There are too many people who have access to foreign trade these days. The southern money can be used in Houshu, southern Tang, Jinghu, Wuyue, and in this era, the south is richer than the Central Plains, especially They are handicraft products other than food, such as silk cloth, wood soap locust, rouge and gouache cosmetics. Most of these products are produced in Jiangnan. Merchants take southern money to buy things in the south and sell them back. How is this business really going on? It's not a loss at all, not to mention that the really big business is done by the border troops.

Zhao Kuangyin couldn't control this matter. He couldn't control it even if he forced all the governors of each town to resign. After all, they were still soldiers of the Five Dynasties.

Zhao Guangmei's initial capital of 100 million has been spent long ago, and he has been collecting money from the public houses in Kaifeng Mansion, borrowing and borrowing.

Because the new money had just been issued, Zhao Guangyi was ruthless enough. After discussing directly with Xue Juzheng, Zhao Pu and others, he felt that this was a good opportunity to introduce Song money to the market, so he kept casting it, and then lent it to Kaifeng Mansion in the name of Sansi , and then the Kaifeng Mansion borrowed the money from the public house and lent it to Zhao Guangmei.

You know, there is no interest for borrowing money from a business to a business. It is actually a bit unruly for Xue Juzheng to transfer this money directly to Kaifeng Mansion. It doesn't even have a name at all. But if he is in a hurry to send money out, it can be considered Special things are done.

However, the interest on public money was extremely high. Even if Zhao Guangmei only borrowed it for half a year, the interest would be as high as [-]%. After Zhao Guangmei got the money, he kept exchanging Song money for South money.

Zhao Kuangyin was so angry. I heard that he had started practicing boxing every day recently, as if he was holding his breath and wanted to beat Zhao Guangmei with his own hands.

Until one day, suddenly, the ratio of Nan Qian to Song Qian reached 1:1, and the exchange ratio of silver to Nan Qian rose to 1:600 ​​almost overnight.
Li Jing, the leader of the Southern Tang Dynasty, took action.

(End of this chapter)