"Brother Mingxiang, I think you know the most about the counterfeit money incident. The Japanese are now asking the municipal government to put pressure on the Concession Bureau of the Works Department to prohibit the newspapers and newspapers in the Concession from continuing to report on this matter. On behalf of me, please come forward and take the official documents of the municipal government to go to the Works Department Bureau!" Chen Gongbo said helplessly.

As the second-in-command of the Wang puppet government, he was qualified to contact core secrets. Therefore, he had long known that the Japanese army used counterfeit banknotes to carry out financial wars against the Shancheng government.

The Japanese responded very quickly, and first ordered the municipal government to intervene, and the news media in the concession were not allowed to report on this.

In fact, this trick was also expected by Chen Mingxiang. News control is the most common thing that the Japanese army and the Wang puppet government do, but only if it is published in the newspaper for one day, the information will spread throughout the Shanghai Stock Exchange within a few days.

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

"I think it is very unwise for the Japanese to take such a method, and even confirm the authenticity of the news from the side."

"The reason is very sufficient. It is banned from false reports from the news media to avoid causing unnecessary panic among citizens. It is really obvious." Chen Mingxiang glanced at the official document and said with a smile.

"My brother is right. I am not optimistic about the financial tactics adopted by the Japanese. Implementing economic blockades to reduce the combat effectiveness of the Yama City government. This strategy is correct, but I think it is a bit unrealistic to use fake money to destroy the foundation of the war."

"Forbidden money to purchase strategic materials, gold and foreign exchange in Jiangtong District can only bring temporary economic losses to the Shancheng government, but cannot shake the foundation of rule."

"Who are the people who trade with Japanese smuggling institutions? They are just a group of illegal businessmen who are obsessed with profit! This range is very narrow and does not occupy a large share in the entire industrial chain, so the impact is actually not that great." Chen Gongbo said.

Chen Mingxiang admired this second-ranked figure of the Wang Puppet Government. His ideas were very clear, with a strategic vision, and he could see through the essence and flaws of counterfeit banknotes at a glance.

"In fact, the most important thing is that fiat currency is not a currency that preserves its value. Mayor, from the 24th year of the Republic of China to the 27th year of the Republic of China, the depreciation of fiat currency was very small. From the August 13th War of Resistance Against Japan, the value of fiat currency has been three times lower than before. I speculate that in the second half of this year, it will be more than six times lower."

"Take 100 yuan of legal tender as an example. When it was first issued, I could buy two cows, but I could only buy one pig two years ago. Until now, I guess it would be hard to buy a bag of flour. In the future, it is likely that printing money is not as fast as depreciation." Chen Mingxiang said.

Not long after he started the mission, he used smuggling as a bargaining chip to stabilize and expand the network of relations, and had a deep understanding of the changes in the currency value of fiat currency. After joining the Shanxi authorities, he was even more sensitive to the currency value of fiat currency and was very confident in saying such words.

"Specialist Chen, since the fiat currency is depreciating continuously, what do you think will be the direction after the circulation of China Reserve Coupons?" Mo Guokang said with a smile beside him.

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

"I met Minister Zhou when I went to Jinling a few days ago and had a meal. Although he tried hard to buy gold US dollars as reserves, he still could not avoid the depreciation. Can the Bank of China hold on to the military supplies of more than one million Japanese troops?"

"I dare to assert that the China Reserve Coupons are even depreciating faster than the fiat currency, but now they have not achieved the status of mainstream currency, so everyone can't see it." Chen Mingxiang said.

To be honest, although Zhou Jihai, a big traitor, was stolen by selling his country for fame and profit, he was not completely making a fortune in the matter of deposit and deposit.

While eating at his home, Chen Mingxiang heard him say that the issuance of currencies must take into account the interests of the people, and China Reserve Coupons cannot become a sourceless water, so China Reserve Bank is currently actively acquiring gold foreign exchange.

But the problem is that even though Zhou Nihai was conscientious and found out that he had done a good thing, he still couldn't 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 establish the China Reserve Bank to issue China Reserve Coupons was to use this currency to plunder the wealth of the Chinese people.

The currency used by the Japanese army in the occupied areas is called military tickets, also called military hand tickets. It is an extremely bad waste paper without any basis for issuance. It is a false banknote that is completely operated by force and cannot be exchanged with the Japanese yen at all. It is a pure tool of plunder.

Before the 28th year of the Republic of China, military hand tickets were issued. Later, these four words were abolished from the banknotes, leaving only a few words of the Great Japanese Empire Government, which were called the No. 5 ticket. There were naturally four military tickets in front of them, including A, B, C and D, with the red letters on them.

The Japanese army used military tickets to exchange for China Reserve Coupons, but in fact, it was just that the Japanese bank of the positive gold issued a false military ticket and did not really allocate it to China Reserve Coupons. However, the Bank of China had to give China Reserve Coupons to the Principon Bank according to the exchange quantity. Anything the Japanese army could do. In this case, will the China Reserve Coupons have a good ending?

"I'm very happy to meet the famous Commissioner Chen. I already know your purpose. Please sit down and have a cup of coffee and chat slowly." General Director Riddle said with a smile.

From the election of the first general director of the Concession Board in July 1854 to the 30th year of the Republic of China, Riddle officially took office on May 1 this year, but he didn't know that he was the last general director.

Riddle is an insider when it comes to Chen Mingxiang's cooperation with the British business group and secretly providing military strategic materials, and understands that he is not a hard-core supporter of the Japanese, but is just a means of making a living during the war. Therefore, Riddle's attitude is very enthusiastic.

"I dare not be the chief director to praise me like this. I am just trying to make a living. This is the official document from the municipal government to the board of directors and it is also my first foreign-related work to become a foreign affairs specialist. I would like to ask His Excellency Riddle to support me." Chen Mingxiang said.

"There is no problem with this. I ask the secretary to immediately notify the Police Department of the Ministry of Industry and Public Affairs to warn all news media in the concession and not allow any further reports on news related to counterfeit banknotes."

"Actually, you must be very clear that the municipal government is just carrying out a procedure. Even if I don't issue this order, the Police Department has already started to take action."
Chapter completed!