C3875 (2/2)
”Everything is as Young Master said, a large half of the Qing Kingdom's economy is supported by bartering. The other half are Silver s!”
Pah pah pah … Xiao Letian clapped his hands, ”That's right, so that's why the economists of the Europe did not understand. Although the Qing Dynasty was so powerful back then, it seems like the annual revenue from the treasury is really not much!”
”That's because they didn't see that there was still a large amount of stuff in Qing Dynasty's taxes!”
”grain, tea leaves, cloth, silk, leather goods, jewelry... These miscellaneous items are also one of court's taxes. Say, don't you think that this is wealth? ”
”What is the base crop of the Baji? It's not all silver money, it's actually all rice! ”
”Once we have thoroughly researched this economic situation, we have understood that the entire Qing Dynasty, and even the entire Ancient China, is in a deflationary state!”
”The amount of money is always insufficient. It is not enough to reach the total annual GDP... This is called deflation, and this is a situation where economic development is limited! ”
”However, there is also an advantage. That is, prices will be stable. It will be very stable, and there might even be a huge drop in prices!”
”Beijing is at the foot of zodiac, but South of the City buys a four-in-one courtyard with no more than five or six hundred Silver, so what is this money? Which mosquito leg would that be compared to our huge compensation? ”
Xiao Letian smiled as he looked at old shopkeeper: ”Father, actually, with your own private money, you should be able to buy the entire South of the City, right?”
old shopkeeper laughed out loud. ”Impossible, that is only theoretical calculation, and cannot be manipulated!”
It was indeed like that. The ideal was very full, but the reality was very weak! A courtyard in the Beijing had several hundred silver silver, and that was after the prices had increased greatly in recent years, it was probably even cheaper than it was before!
Even if the average price was five hundred silver taels, ten sets were five thousand, a hundred and fifty thousand, a thousand, five hundred thousand, ten thousand? It was only five million!
To a God of wealth like Fan Lian, was five million Silver considered money?
However, for the entire Capital, if someone continued to buy 10,000 sets of courtyard houses, what do you think the market would be like? Can't you just overturn the price of the house!
Everyone laughed, but Head of State's face darkened, ”Nothing funny, what I'm talking about is actually very scary!”
Closing his eyes, Xiao Letian thought back to the historical records of the Republic of China in his previous life!
In 1919, Lu Xun bought a courtyard house at Eight Bays Bay, west of Beijing. It had more than 20 houses and a total price of 3,500 Ocean.
The three-way courtyard only had 3,500 silver dollar, and that combined with more than a thousand of them!
At that time, the international production of Silver had already doubled, and the amount of Silver that kept flowing into the Republic of China was rather large.
The supply of Currency from the Republic of China was constantly increasing, so the price was rising!
What if he went forward all the way until Tongzhi? The economy had only just started recovering after the war ended. A courtyard with five hundred silver Silver s in it could already be bought in a good location in the Capital!
Now that the Frankfurt Treaty had been compensated with less than three hundred million Silver, with such a huge supply in the market, not only the stock market, even the debt market would be affected!
The first real estate in the whole country had to go crazy first!