After hearing this, Lin Mo suddenly realized that he wanted to say, why the yen in the market is different from the same group of old actors? No wonder he couldn't find out where these yen came from after a long time?
Because it is only provided to the person who pays the quotation and the quotation will be recycled later, it means that most of the money is transferred in the market rather than lost. What is it if it is not an old actor?
As for why it is difficult to check, because borrowers don’t think too much about where the money comes from, and they just think it is the funds raised normally. If you ask and ask, you can’t find out why! Because people don’t realize that there is a problem at all, how can they say it to you?
Let me mention it more here. During the Republic of China period, Shanghai was prevalent in speculation and speculation. It was a very large and prosperous business that provided services such as leveraging funds, ticketing and margin trading, and it can even be said that it was very mature and ordinary. Therefore, these speculators would not have much entanglement and doubt because it was already very common.
Another thing is that he exchanged the yen back and waited for a few days before going. This method is inexplicable. After this time, will the other party win and make a profit and leave? Or can't help but want to enter again? The transaction is just a simple change of hands?
These few days are basically enough to distinguish. The former can search for the past to exchange the yen for the past. The other party left the market and there was naturally not much related news on the market. If it weren't for finding these, even if a little news came out, it would only be considered a normal foreign exchange transaction.
As for the latter, the money is basically still in the market anyway, so there is no need to be too anxious. Just stare at the next wave of sellers. If you have the intention to leave, you can just recycle the yen. Lin Mo followed the clues and basically confirmed these inferences.
But this is definitely not just a normal business carried out by big money dealers. Someone must be manipulating behind it. The so-called profit-making pump is likely to be the benefit of sharing the profits to big money dealers, and to cover up the real purpose behind it.
After all, it is true that Chinese people are not willing to accept the yen, but they will not be very accepting of these colonial currencies at least in Shanghai. Therefore, the exchange will be at least equivalent to the exchange and even some benefits must be given to the other party. Only in this way can the business be revitalized and the operation can be carried out.
Among them, the largest exchange is the Hong Kong dollar. The banknotes issued by HSBC, Standard Chartered and Youli have been in the 1860s. The Hong Kong dollar has been accepted in China and has relatively high liquidity. Even half of its issuance and circulation are in the mainland, but most of them are in Guangdong.
Shanghai does not have much rejection of Hong Kong dollars. After all, compared with the various and chaotic currencies in China, the stability of the currency value is much better, but it has no influence here, so it is definitely not possible to use it directly for consumption, but money dealers, banks, etc., and it is not a problem to use it for bulk transactions.
As for Latex, it is a currency issued by the British colonial government during the British colonial period. It was used from 1826 to 1939. Local consignees called it Latex.
Because there are many Chinese and overseas Chinese over the country, and there are also many Chinese and foreign merchants in Southeast Asia who have economic and trade transactions with Shanghai, banks also recognize the foreign exchange market here. However, Fujian and Guangdong and Guangxi have a higher recognition of it. Most of the local Chinese go overseas to make a living from these places, and they bring back a lot of money. However, the treatment in these places is similar to the situation of Hong Kong dollars in Shanghai.
The French Indochina currency was minted in 1885 after France established the Indochina Federation, in order to develop colonial trade and gather money, it started to mint the French Indochina currency in 1885. Its circulation is quite large in China. The most familiar thing for Chinese people is its one-yuan silver coin, but this time it was used to exchange for French Indochina banknotes.
French Indochina dollar banknotes have similar treatments in China, but their banknote recognition is far less than that in Shanghai. However, because of their closeness, Guangdong and Guangxi have higher recognition. In Yunnan, due to the existence of the Yunnan-Vietnam Railway, their influence is not small. However, the terrain of Yunnan is high and deep, and the transportation in various places is extremely inconvenient, so it is also a hard currency such as foreign countries have a slightly wider impact, while only a small number of areas can be affected by paper money.
As for the Burmese Rupee and the Indian Rupee, they are the colonial currencies issued and circulated by the British colonial government in Myanmar and India. Since they were issued by the same bank, they are both called Rupee, but these are two currencies.
If you accept it, yes~ also accept it! I can only say that China under the governance of various governments during the Republic of China was indeed a bit bad. Even if compared with silver dollars, these colonial currencies could be accepted, let alone the banknotes issued by previous governments. Most of them became waste paper after a few years. From this perspective, there is no need to compare them.
The resources and even industrial output of these two rupees are not weak in their locations, and the British influence in China is not low. The economic and trade exchanges are mainly carried out by British merchants in the middle, so they are also accepted for accounting transactions in bulk trade.
Needless to say, India during this period is known as the brightest gem on the crown of the British crown. Nowadays, when you watch videos on the Internet, you can often see that there are old antique machines in rural India that look very old, and people are really used in the Republic of China.
As for Myanmar, people are not as terrifying as the 21st century. At this time, they are known as the richest country in Asia. The total nominal GDP of the country is higher than that of China, and the population is only more than 1,000 or less than 20 million. Although it is nominal GDP, it cannot withstand the population is small! The per capita nominal GDP is more than nine times higher than that of Japan, and it is indeed richer than China, so many people are willing to accept its currency.
After hearing this, you should be able to guess who was behind the scenes? Otherwise, why would people say that people are good at playing various tricks such as offshore balance, and they are a veteran gentleman who makes the European continent into a pot of rotten, muddy or a scrambled rice?
This chapter is not finished yet, please click on the next page to continue reading the exciting content behind! This person was pushed in front of him, but he quietly hid behind him to pick peaches. He was simply too dark and too old. And at present, the Japanese seem to be unaware of it at all, and they are even complacent about the yen being rampant in Shanghai and are proud!
The British should have two purposes for this. One should be to take advantage of the previous banknote night and the Japanese invasion of China, which led to the Chinese people being more rejected by the Japanese yen. Although the investment market uses this as a trading currency, if you want to hold it for a long time, most people will not be too willing.
So he took the lead in the Japanese yen and then quietly touched in and spread the currencies related to them, so as to expand the influence, acceptance, and even the coverage of these currencies in China.
Don’t think that if you change it, you may have to put some on it. This will be of no benefit. Not to mention the increased financial influence, etc., it will be of great benefit to business, trading, etc. alone.
Foreign trade must be settled in foreign exchange. How many foreign exchange reserves can the government have? Can ordinary merchants handle it in time during transactions? And compared with the British pound and the US dollar, which one do you prefer to trade for a transaction?
If you only have bad coins to drive out good coins, you don’t have to think too much about it! So once these second-hand goods models are spread out and reach a certain amount, they may quickly expand their influence in the coverage and the crowd, and then attract more inflows, which are huge benefits.
After all, this is a paper currency, and it is a piece of paper, especially a colonial currency. This is the tool used by the colonial authorities to gather and loot wealth. Some merchants from the sovereign state probably do not regard it as money, or fail to exchange it for the sovereign state currency or other resources, so it cannot be considered money. After all, they really dare to print this thing without limit, and control the stability of the currency value, just for the long-term flow.
The larger and wider circulation range of these currencies means that more people are used and the plate is larger. They can issue more currencies to search for more wealth from more people while controlling the stability of the currency value. Can the benefits be small?
Moreover, colonial currency is not widely recognized by any bank or foreign merchants, so if you hold these currencies, shouldn’t you find them first when doing business? Not to mention how much you can make, just the business relationship established with new customers may be a long-lasting money printing machine in the future!
Moreover, although the silver price may most likely fall back and forth, it will definitely be an upward trend in the future. Although it may cause huge damage to the Chinese economy, it is also a fact that the exchange rate changes and the increase in the purchasing power of the silver dollar are also true. At least there should be a period of time in advance, and China's import trade volume should rise sharply.
At this time, due to the theory of good and bad currency, there are probably many merchants who will use these currencies to trade with them. So wouldn’t the benefits brought by the rise in silver prices be eaten? It is definitely a secret place to pick the fruits that Americans have driven the rise in silver prices and produced in China.
In addition, it is estimated that this big money dealer is not the only one who is doing this. There are probably arrangements for those who are sending silver from all over the country to Shanghai. Not to mention other things, money dealers are spread across many provinces and places. These people obviously have backgrounds and channels. Not only can they use them to spread the influence of these currencies now, but they can also use them to continue to influence in the future.
You should know that foreign exchange exchange is in addition to preserving value savings, foreign trade. Needless to say, the above has stated that it will be paid in bad currency first. This time the silver price has soared soared, and it is estimated that the silver dollar will not be very popular among some people. If you want to be far-reaching, after this incident, the government will have a high probability of issuing paper money to deal with it. With the poor performance of paper money issued by various domestic governments, these colonial currencies may be regarded as saving choices, and the wealth collected by them is simply unimaginable.
This is not nonsense. The Hong Kong dollar is treated like this in Guangdong. The local financial development of Guangdong in the Republic of China was a mess. The issuing paper currency often expands and depreciates, and the banknotes were run and stopped. Therefore, banks, money shops, industrial and commercial enterprises, and even private individuals generally use Hong Kong paper currency as a means of payment and storage.
Chapter completed!