C1187 Chinese Shang counterattacked (1/2)
The food produced in the Jiangnan region was actually not enough to eat, because Jiangnan was the starting point of the Grand Canal. A large portion of the food here had to be sent to the capital, while the food of the North was too dependent on the Grand Canal.
They followed the Yangtze River upstream to the two lakes area, which was the true granary of Qing Kingdom. The rivers and lakes were densely packed and the land was fertile. Every year, the food produced here was transported via the Yangtze River to the south.
When the rice of the two lakes was mixed with the rice of Jiangnan, some of them would go north and leave some of them in Jiangnan for the locals to eat.
This model has been in place since the middle of the Ming dynasty, unless there was a war, any dynasty would have to rely heavily on this set of rules for the operation of grain.
Although the war had ended more than five years ago, the two lakes and Jiang-Nan region's food distribution system had not completely recovered. This had brought a huge business opportunity to Xiao Letian.
The weather in Nanyang was excellent for rice growing, and the land cost was low, so it was more suitable for large-scale production. This allowed Nanyang rice to have a strong market competition, and even with the cost of shipping at sea, the price would not be higher than the local rice in Jiangnan.
Furthermore, with Xiao Letian's great support, the sales system of the Ryukyu's grain merchants had already been deeply embedded in Jiangnan, and it had suppressed the impulse of the local grain merchants to raise their prices more than once. Right now, the price of the grain in Jiangnan was basically controlled by these Ryukyu's Chinese merchants.
In this economic crisis, the only thing that did not collapse was the price of food. Due to the stabilization of food prices, the lower class had a chance of survival and did not starve to death.
But the grain merchants are also very weak. They can only delay the collapse of the paper money, but they can't change the collapse of the situation. The decline in the purchasing power of paper money is an indisputable fact.
In the end, when the difference between the buying power of the paper money and the silver coin was more than double, Ryukyu could no longer sit still. Xiao Letian started to ask the various Chinese Big Merchant s to save the market, and Jiang Nan's opponent officially appeared.
Why did Xiao Letian want to activate those hidden treasure islands in the Pacific Ocean? One of the main reasons for the concentration of gold, silver, and jewelry was to be used as military expenses while the other was to prepare for the industrial investment in the Special Zone. The last important reason was to fight a currency credit defense war in Jiangnan.
The foreign Bankers s dropped their trump cards, the selfish merchants in Jiangnan followed suit and abandoned their trump cards. The small merchants and commoners frantically refused to use them, and the pressure from all three sides smashed onto the shoulders of Xiao Letian and the Chinese merchants.
”The more they throw at us, the more we eat! ”We must stabilize the price on the red line of a silver two-circle note. No matter what, we must not let the bill become trash!”
”You all must remember, us Chinese will definitely win the final war, and the Russian Expeditionary Force will definitely lose! The credit of paper money will one day be restored to its original level! The savior of the heavens would be his savior! Save the market is not only loving our people, it is also a great opportunity for you to make a killing! ”
”If you win the war, you will get double the profit. Why not do this? So, I beg you, even if you don't care about my, Xiao Letian's, face, or the money, you still won't give up! ”