C1400 Face-smacking (2/2)
”Wah …” ”Ahhh …” This truly was the sorrow of those who heard it. As they heard this, tears began to fall, and they truly could not imagine that anyone could cry in such a miserable manner.
The tears of the Sister Qing, who was sitting on the ground, washed the makeup into many ravines. Her voice was like a broken gong as she howled and kicked wildly on the ground.
Ah, injustice! She clearly remembered that the last time she had gambled in the south, it had been with 98 yuan in exchange for a silver coin!
”This is a sin on my part …” Wu wu wu … Why am I still alive? I used 98 yuan for one yuan, am I stupid! Am I stupid? ” While scolding himself for being foolish, he was also slapping himself on the face.
Pah pah pah … The entire street was filled with the sounds of ”pa pa pa”!
Sister Qing was surrounded by poor neighborhoods, there were very few people who were in business, ordinary people spent more on copper coins, and occasionally there were even a few silver coins, which could already be considered quite a comfortable life.
They had no concept of hundreds or thousands of silver coins, but that did not stop them from feeling pity for the Sister Qing. That was right, who would have thought that in these five or six days, the originally worthless piece of paper would become as valuable as silver?
No, no, no. From the yamen runner's shout just now, not only had the bank note's credit been restored, it looked like it would have to be increased. After all, the government had said that there would be a discount on the taxes paid on the bank notes!
In this way, all sellers and sellers are willing to accept paper money, and you are more welcome to buy things with a southerly note than with a silver dollar. 98 silver coins for 1 silver coin. Thinking about how Sister Qing would not feel wronged if she were to slap him, even if she were to slap him.
Just how much purchasing power did a single silver dollar have in the late Qing? Xiao Letian had previously compared the price of grains with that of future generations, but after thinking about it, the yield of grains per mu in the late Qing era definitely couldn't compare to that of future generations. Now, there were no transgenes, no hybrid rice, and not to mention fertilizer or pesticides.
However, if we compare it with an artificial salary, perhaps we can see some clues. According to the historical records, Chairman Mao was a librarian at Peking University in 1918, and his monthly salary at that time was eight Yuan Datou.
The eight yuan was basically enough to solve the problem of Chairman Mao's living and clothing problems in Beijing, when the blue-collar workers in the factory were paid between 13 and 15 yuan a month if they did not stop for the rest of their lives.
At that time, the market price of a small courtyard house in Beiping was only around 500 yuan.
The Dragon Mark Silver Yuan forged by Xiao Letian was very similar to Yuan Datou in terms of silver content and net weight. This allowed him to infer the approximate purchasing power of a Dragon Mark Silver Yuan.
The crisis of the Jiang-Nan Notes was actually a robbery against the merchants. It did not affect the commoners too much, because at that time, the commoners really did not have much silver left.