C1425 Wealth Concealment (1/2)
Well, it's good to communicate with smart people. Really well! It was just a few words, yet he had already understood the subtext.
Why did Liu Chouchu mention the bad habit of hoarding gold and silver in China? To put it bluntly, he wanted to wake them up, remind them of how the bureaucrats had been eating and drinking their blood for thousands of years.
Amongst all the feudal dynasty s in China, business was the lowest level amongst all the people. In all of history, there were very few mega-merchant s who managed to obtain a peaceful ending, such as Shen Wansan and Hu Xueyan.
No matter how great a contribution you've made before, as long as you're as rich as a nation, you're the god of wealth when you have value. When you don't, you're just a fat pig, a pig that you can slaughter at will.
For example, in the mulberry, no one knew how much wealth he had even if there was trouble in the south. Even if there was trouble in the south, he would only bring his family and escape to Guangdong to hide.
However, during those ten odd years, Sang Tian from mulberry's family had always been in a situation where no one managed him and no one was willing to take over his family. However, no one knew that the mulberry was in that mulberry garden, with more than a hundred thousand taels of silver hidden in the cellar.
Long Hair had been defeated, so when mulberry returned home, everything was not over. When mulberry wanted to take back the land that had already been privately occupied by the people, he could not do so without relying on the officials or the Xiang Army. That one hundred thousand silver had all been turned into bribes and sent to the officials below, there were even civil and military generals.
When the money was used up, mulberry finally took back his fixed assets. Then, the carefully chosen of his family, this was the rebirth of his family in recent years.
From this, it could be seen that people like the mulberry had long found a way to live peacefully in the history of China's dynasties. These secrets are the only way for the business class to survive in China.
Earning money and then hiding it was a waste of money. They would reveal only a tiny bit of their wealth, but they would end up encountering natural disasters and wars. This wealth was the hope for the revival of their family.
Always floating duckweed, always drifting along with the flow, no merchant can decide their own fate.
Xiao Letian understood them too well, they knew what these people were thinking and what they were afraid of. Therefore, Xiao Letian would definitely not push the stock market during a peaceful time, because he knew that many of the rules in the stock market went against the survival of these merchants.
Going public required financial supervision from outsiders. Going public was tantamount to telling the entire world how much money they had. These were all things that merchants feared the most.
However, they just happened to encounter this financial crisis. This desperate situation had forced all of the merchants of Jiangnan into a corner.
The so called Tongzhi Zhaoxing did not mean that the Manchu dynasty was that powerful, but rather that the economic recovery was just a result of the natural economic growth that occurred after the war.
The population multiplied, the land was developed deeply, and all kinds of industries began to recover in the hands of the hardworking people. Productivity was restored. That was all. This was not really a prosperous era. It was just the result of a soldier losing too much blood temporarily sewing up the wound and his body's normal hematopoietic function.
It had already been nine years since the war ended, but it had only been four to five years since the sporadic wars ended. In such a short period of time, the Jiang-Nan economy had only recovered thirty to forty percent of its original size.