C1191 Bug Lius Great Discovery (1/2)
Bug Liu dragged his lame legs and took care of the corpses one by one, without closing his eyes, he wiped them clean with a face full of blood. Although people could only come in naked, they had to have some dignity when they left.
Gradually, Bug Liu found a problem. From the entrance to the third floor, there were a total of twenty-two people who either stepped on or committed suicide, and there was one thing in common with these people, that was, they were all decent people dressed in silk.
Bug Liu was of course not an expert, but to be able to see through the rich and powerful lands of Jiangnan with one's eyes, wasn't this the top-notch lakesilk? That piece of white jade on the cap should be enough for him to eat for three years, right?
Then, he looked at the jade snuff bottles, the Handjade belt buckle, and the thumb rings on the deceased's body … They were all rare and precious things. There was not a single person wearing patched clothes among the corpses.
”Sin!” Why must you all suffer! Don't you still have money? Why throw your life away for a few pieces of paper? ”
After many years, Bug Liu finally understood this logic. When everything calmed down and the scholars that came later started to analyze this dangerous situation, many truths slowly surfaced.
Of course, Xiao Letian was not a liar. Although he had the intention to amass wealth by selling paper money, he would definitely not waste his time and effort to mess up the financial markets.
Xiao Letian's broad principles were clear. While not disturbing the local economy, he would carry out a small scale coaching to limit the harm to a certain extent.
Stronger troops and industrialization were not something that could be accomplished overnight. The evil trick of the Great Leap Forward was definitely not a good one.
Therefore, Letian Bank s who issued southern tickets were all very careful and careful. Money circulating in the market, in which paper money accounts for only about 45% of the total.
The remaining 65% was still real silver and copper coins, hard currency that would not go down in value.
1.6 billion notes was only about 48,000 tons of silver, which was not much considering Great Qing's economy and production of new silver mines around the world.
How many silver coins are available in Jiang-Nan market? At least 50,000 tons. This didn't even include the silver ingots and other silver ingots that had not been eliminated.
As Xiao Letian distributed the money, he stored a large amount of silver ingots in the Ryukyu's treasury. Actually, as long as he had time, he would be able to tide through this crisis.
There were physical and silver objects in the Letian Bank, and food in the Southern Ocean. These were all powerful tools that could stabilize the market. In fact, the meticulous should be able to discover that this crisis in Jiangnan had caused such a huge ruckus. However, not a single person had starved to death. Why was that?
Because there were not only paper money in the hands of ordinary citizens in Jiangnan. Every family had a different proportion of silver coins, and during the financial crisis, the purchasing power of silver coins did not decrease, but actually increased.
In the past, three silver coins for a noodle was only enough for now, as the market had a fanatical and irrational pursuit for physical silver coins. Anyone who used silver coins to buy would be considered a VIP in the eyes of merchants.
”What did you say?” Even one and a half silver coins were considered expensive? Well, how about a silver coin for a table? This is a 30% discount! ”