C1382 Jiangnan wool shearing (1/2)

The explosive news was sent by the American merchants. In this period of time, all of the telegraph s in the Ryukyu Kingdom had been officially sealed, the ships in the ocean were not allowed to come close to the dock, the ships in the port were not allowed to go out to sea, and the people and messages had all been cut off by Xiao Letian.

This was the premonition of the start of the war, in the countries beside the Huangpu River, almost all of the foreign newspapers were discussing about the war, countless of commentators were drawing on the map, trying to deduce where the Russian fleet was, how strong his fighting strength was, and what ability did Xiao Letian have to resist.

The attention of the foreigners had been drawn to the war, and during this time no one went to the theatre, dancing, socializing, or even to their favorite bars.

It was not only the foreigners who were paying attention to the war, but all the enlightened officials of China were also paying attention to the war. It was not only the foreigners who were paying attention to the war, all the enlightened officials of China were also paying attention to the war.

If Xiao Letian won, the value of the south ticket would skyrocket, and the public's confidence in this piece of paper would multiply by several times. At that time, the number of currency notes that would be distributed would increase, and the economy of Jiang-Nan would become more prosperous.

If Xiao Letian lost, the southern side of the ticket would become useless, and all the Chinese economy in the southern part of the country would be destroyed. The foreign and Qing Dynasty powers would counterattack, and all the businesses that had lost their blood because of the crisis would be robbed.

Not only that, but the failure of the south ticket also doomed the credit bankruptcy of the paper money, when the Chinese people will not believe the paper money, and then it will be impossible to issue new paper money.

At that time, Jiangnan will return to the old state of slow deflation.

Not only did the foreign people know about this economic knowledge, many of the big merchants like Hu Xueyan also knew about it. It was just that the way they expressed it was different.

By the side of the Huangpu River, Hu Xueyan anxiously sat next to the window of the Western Restaurant's second floor.

He was thinking about the effect of victory or defeat in this currency war on Jiangnan's economy. If Xiao Letian lost, almost 2 billion paper money would become scrap paper.

At present, the prosperity of the Jiangnan economy is the result of the economic recovery after the war on the one hand, and the money circulation on the market on the other hand.

If ten billion taels of silver used to float on the market in Jiangnan, this was the total amount of blood in the blood vessels of the Jiangnan economy. Then, all economic development would depend on these ten billion taels of silver to carry out the target, which was to say, as long as there were no large amounts of silver flowing out, the total economy of Jiangnan economy would always be ten billion.

No matter how much you increase your merchandise, because there's only so much money, the total economy is always ten billion dollars.

Right now, almost 2 billion paper money had appeared out of thin air, which meant that Xiao Letian had increased the size of Jiang Nan's economy by 20%. This made it easier for many small businesses and small businesses to borrow money to finance themselves, and many new workshops, shops and even factories were established.

The long term development of Jiang-Nan economy in the past few years actually had a very important relationship with Xiao Letian's bank notes. If the 2 billion paper dollars were wasted, then the Jiangnan economy would enter an unstoppable state of austerity.

Businessmen who had lost their sense of security would turn their silver into land or bury it in the back garden. The 1 billion in currency would decline like an avalanche, and the remaining four to five billion would be more than enough to burn the incense.