Wind spy

"Brother Mingxiang, I think you are the most clear about the counterfeit banknote incident. The Japanese are now asking the city government to put pressure on the concession’s Ministry of Industry and Commerce and prohibit the concession’s newspapers from continuing to report on this matter. You represent me, holding the city government’s official documents. Let's go to the Bureau of the Ministry of Industry!" Chen Gongbo said helplessly.

As the second person in the Wang puppet government, he is qualified to have access to core secrets. Therefore, he has long known that the Japanese military used counterfeit banknotes to carry out a financial war against the Shancheng government.

The Japanese responded very quickly. First, they ordered the city government to intervene, and the news media in the concession were not allowed to report on it.

In fact, this trick was also expected by Chen Mingxiang. News control was the most common thing done by the Japanese army and the puppet government, but it only needed to be published in the newspaper for one day, and the information would spread throughout the Shanghai stock market within a few days.

His purpose was not to remind the people in the Shanghai stock market, but to cause panic among the Japanese, to investigate the incident, to cause trouble for Li Shiqun, and to conceal his traces.

"The Japanese took such a way to deal with it, I think it is very unwise, and even confirmed the authenticity of this news from the side."

"The reason is very good. The prohibition of false reports by the news media and avoiding unnecessary panic among the citizens is really trying to cover up." Chen Mingxiang glanced at the official document and said with a smile.

"My brother is right. I am not very optimistic about the financial tactics adopted by the Japanese to implement an economic blockade to reduce the combat effectiveness of the Shancheng government. This strategy is correct. However, using counterfeit banknotes to achieve the purpose of destroying the foundation of the war is a bit wrong. Too realistic."

"Fake banknotes buying strategic materials, gold and foreign exchange in Jiangtong District can only bring temporary economic losses to the Shancheng government, but it cannot shake the foundation of its rule."

"Who are the targets of transactions with Japanese smuggling agencies? It's just a group of profit-seeking illegal businessmen! The scope is very narrow, and the share in the entire industry chain is not very large, so the impact is actually not that big. "Chen Gongbo said.

Chen Mingxiang admires the second person of the Wang puppet government. His thinking is very clear, he has a strategic perspective, and he can see through the nature and defects of counterfeit banknotes at a glance.

"In fact, the most important thing is that fiat currency is not a currency to maintain value. Mayor, from the 24th to 27th of the Republic of China, the depreciation of the fiat currency was very small. The value of the fiat currency is higher than the original value. It has been reduced by three times. I guess that in the second half of this year, it will be reduced by more than six times."

"Take one hundred yuan of legal tender as an example. At the beginning of the issuance, you could buy two cows, but you could only buy one pig the year before. Up to now, it is estimated that you can barely buy a bag of flour. In the future, it is very likely that money printing will not be as fast as depreciation. Phenomenon." Chen Mingxiang said.

Not long after the mission, he used smuggling as a bargaining chip to stabilize and expand the network of relations. He has a deep understanding of the changes in the value of fiat currencies. After joining the Shan organization, he is very sensitive to the value of fiat currencies. Very confident.

"Commissioner Chen, since the value of the legal currency continues to depreciate, what do you think will happen after the circulation of the China Reserve Certificates?" Mo Guokang said with a smile beside him.

"Secretary Mo, although the China Reserve Bank is the currency issued by the Reserve Bank of the Jinling government, the issue right is not in the hands of the Reserve Bank of China, and it is also responsible for providing military expenditures for the Japanese army. This is a bottomless pit, and the Japanese army will not consider it. The issue of currency value will not consider inflation."

"I met Minister Zhou when I went to Jinling a few days ago and had a meal. Although he desperately bought gold dollars as a reserve fund, he still couldn't avoid the depreciation ending. The supply of more than one million Japanese troops, China Reserve Bank Can you hold it?"

"I dare to assert that the China Reserve Certificates are even faster than the devaluation of the legal currency, but they have not achieved the status of mainstream currency, and everyone still can't see it." Chen Mingxiang said.

To be honest, even though the traitor Zhou Tuohai is betraying his country and seeking glory and profit, he is not completely empty-handed in the matter of the Central Reserve Certificate.

While eating at his home, Chen Mingxiang heard him say that the issuance of currency must take into account the interests of the people, and the China Reserve Bank cannot become a source of water. Therefore, the Reserve Bank of China is now actively purchasing gold and foreign exchange.

But the problem is that even if Zhou Aohai's conscience discovers that he has done a good thing, he still cannot get a good result because of his own shortcomings.

The foundation of the Wang puppet government is the support of the Japanese. The reason why the Japanese government agreed to the Wang puppet government set up the China Reserve Bank to issue China Reserve Certificates was to use this currency to plunder the wealth of the Chinese people.

The currency used by the Japanese in the occupied area is called military bills, also called military bills. It is a very bad type of waste paper with no issuance basis. It is a fake banknote operated entirely by force and cannot be exchanged for yen at all. It is pure. Looting tools.

Before the 28th year of the Republic of China, the military ticket was issued. Afterwards, these four characters were removed from the banknotes, leaving only the words of the Imperial Japanese Government, which is called the No. E ticket. Naturally, there are A and B in front. The four types of military tickets, C, D, are marked with a military ticket in red.

The Japanese army used military tickets to exchange for China Chushu Vouchers, but in fact, it was only a false military bill issued by Japan’s Jinjin Bank and did not actually transfer it to the China Reserve Bank. However, the Chuchu Bank had to transfer the China Chuchu coupons according to the exchange amount. Give it to Zhengjin Bank. The Japanese army can do as much as they want. Under such a situation, is there a good ending for the China Reserve Voucher?

"It's nice to meet Commissioner Chen who is so famous. I already know the purpose of your visit. Please sit down. Let's have a cup of coffee and talk slowly." Director Riddle said with a smile.

From the election of the first general director of the concession board of directors, William Kay, in July 1854, to the present 30 years of the Republic of China, there have been many general directors in the middle. Riddle officially took office on May 1 this year. I don't know, but he is the last chief director.

Regarding Chen Mingxiang's cooperation with the British business group to secretly provide military strategic materials, Riddle was an insider and understood that he was not a hard-core supporter of the Japanese. It was nothing more than a means of making a living during the war. Therefore, Riddle The attitude is very enthusiastic.

"I don't dare to be the general director of such praise. I am purely for the sake of eating. This is an official document from the municipal government to the board of directors. It is also my first foreign-related work as a foreign affairs commissioner. I also ask your Excellency Riddle for your support." Chen Mingxiang said.

"There is nothing wrong with this. I asked the secretary to immediately notify the Police Department of the Ministry of Industry and the Ministry of Industry to give a severe warning to all news media in the concession and not to report any news related to counterfeit banknotes."

"In fact, you must be very clear that the city government is just going through a formality. Even if I didn't give this order, the police department would have already started the action."

"Nowadays, the deputy director of the board of directors of the concession and the special deputy director of the police department are all Japanese. I may be the one with the least power among the previous directors." Riddle said with a wry smile.