Chapter 148: Economic War (Part 2)
"Is it almost done? The Japanese government has fully contracted, and it must be really out of money." By the end of the first month of the new year, Japan has eaten a total of 3 million tons of grain, and the average price is relatively low.
Nanhua and the United Kingdom took in a total of 600 million yen, half of which was taken by the market and half by the Japanese government.
This price is the FOB price originally expected by Nanhua. You can imagine how high the price of food in Japan is.
"Let's go for a general attack. This battle is over, and I'm going to wrap up Borneo." Liu Yiming stretched himself deeply. Coordinating transportation during this period of time exhausted him.
"We hope to import diesel engines, and it is best to obtain supporting technology." Cyril looked helpless.
In the basic design of Nanhua Port, large-scale import and export in a short period of time was not considered. Moreover, many small granaries are scattered in the towns. In the first two months, they can be transported directly from the ports of the three major cities.
Later, when it was fully launched, it relied on more and more tractors, tractors, or small diesel engines, which were also discovered by the British.
British businessmen are very interested in this. There is no similar product in the world that can compare with it, and this thing is a good choice for farming and transportation.
"This is just a commercial activity. It can be directly connected with the factory. However, this thing is not cheap, compared with colonial manpower." Liu Yiming said straightforwardly.
Who is mechanization most suitable for? Of course, it is the United States, which has vast plains but lacks manpower, followed by the British Empire, where the sun never sets.
Liu Yiming is not afraid of the leakage of technology. Nanhua's concept is more advanced, but the basics have not changed. The technical advantage is based on alloy materials. What will happen if he produces it himself? No one knows.
"The next step is a run? According to the agreement, Japan should be given a breath of air to ensure its basic government functions." Cyril emphasized again.
Liu Yiming has 400 million yen in his hand, which is equivalent to 40 million pounds. If he demands to cash it out, Japan will only be able to survive.
"The next step is to sell the yen and throw your high-priced yen to the market, otherwise if I run the money, you will lose money to death." Liu Yiming sits firmly on the Diaoyutai, Japan is dead, I say it!
He also did not expect that Japan would insist on protecting food prices in order to prevent food prices from being too low. Although Liu Yiming lured Japan into the trap step by step, he did not expect that it would go so smoothly.
In the first stage, a small amount of grain, slightly lower than the market price, opened the market. At this stage, Japanese grain merchants responded very slowly, because in the past, there would be such merchants who would come to Japan to buy goods and bring a shipment of grain with them.
In the second stage, after accumulating a certain number of hawkers, a large amount of credit is given to hawkers. During this period, there are some bad debts, but they are not important. In order to stabilize grain prices, Japanese grain merchants choose to buy in batches.
In the third stage, grain merchants were severely squeezed for funds and began to use outside means, such as administrative orders. At this time, they began to use ulterior motives to stir up social conflicts and attack Japan's import and export in all aspects, such as the silk weaving industry and the cotton textile industry.
etc.
In the fourth stage, Japan begins to eat food. In theory, Japan can relax food restrictions at this time and increase the food circulation rate to resist. Unfortunately, it cannot be self-sufficient and does not have such a large volume.
"Now is the final stage, to block the Japanese yen in all aspects, sell the Japanese yen and debt, and temporarily exclude the Japanese yen from the circulation market, so that it cannot purchase hard currency in the market." Of course, this is the international market.
…
"Why are you returning this note to me? I won't take the money. I'll exchange it for another." In Shanghai, the most prosperous place in the East at this time, Shi Xian was buying dyes in a comprador shop.
"What's wrong with this note? Why aren't you accepting it?" Shi Xian was anxious. A few years ago, he saw that the Bank of Japan still had interest on deposits, was easy to use, and appreciated in value, so he saved most of his wealth in it.
"Hey! Country bumpkin, I suggest you go to the bank and exchange it for silver. Otherwise, I'm afraid you'll have to fetch water from a bamboo basket and it will be all in vain!" The guy gloated at his misfortune, but he still gave useful advice.
"Manager! We have encountered a run!" The First National Bank, at this time, there were only two Japanese banks in Die Qing. The First National Bank entered the Die Qing in 1880 and had been operating for more than ten years.
"Nani?" The bank manager was sorting out information and preparing to give local blood transfusions when he heard this result.
"This? We can't let them take away the empire's assets, hurry up! Close the door and don't open the door." Looking at the people in the hall clamoring to withdraw cash, the manager made the most outrageous decision.
Over the years, the First National Bank has issued not only 10 million but also 8 million bank notes. Including bearer certificates of deposit, who knows how many there are?
They didn't even offer any comfort and just closed the doors. These are not Japanese yen. The Japanese yen can theoretically be exchanged in the international market. If not, it can be used in Japan and exchanged for hard currency, but bank notes and bearer certificates of deposit...
The activities intensified. The Minister of Prime Minister Affairs met with the Japanese Minister many times, and many ministers even spoke fiercely. After all, everyone knew where the bearer certificates had gone.
The entire Die Qing Dynasty fell into a yen-phobic mentality, and the credit of the Japanese yen almost went bankrupt in the Die Qing Dynasty.
The reason why I say almost is because someone is secretly buying the bottom. Although the amount is not large, the price is basically 70-80% of the currency price. However, in this way, the Japanese yen will be delisted from the die.
After all, this is the era of metal currency standards. Banknotes only represent metals. Where is Japan's size? It's just market panic and early selling.
"Your Excellency Prime Minister, this is not the plan." Cyril came to hold him accountable.
"Mr. Minister, the decline of the yen has nothing to do with me. Those yen are still in my hands." Liu Yiming said honestly.
"By the way, are you ready to short the Japanese yen?" Liu Yiming changed the subject.
"This matter is getting bigger and bigger. We are already the largest holder of the yen and we have suffered a lot of losses." Cyril was a little angry.
In normal times, the global circulation of yen is only 4 to 5 billion, part of which circulates in North Korea, the Qing Dynasty, and Southeast Asia, and part of which flows into London and New York.
Through bargain hunting during this period, several countries collected more than 200 million yen, plus the 200 million from the food war, the profit was already large enough, but Nanhua also collected 400 million yen through food.
"It's useless for you to tell me. The matter is already very clear. Japan is on the verge of extinction. What can you do?" Die Qing is the largest foreign circulation market for the yen. In New York and London, the yen only enters the financial industry, which has no practical significance.
big.
"If you want to recover losses, then start selling and running. When Japan's finances go bankrupt, there will be plenty of time to slowly reap the rewards."
"We have a lot of yen in our hands. If the Japanese government breaks the yen, the losses will be even greater." Liu Yiming urged Cyril.
"On February 16, we will comprehensively block the Japanese yen." Cyril was indignant. This wave of operations directly led to a loss of 3%, which is not a large proportion, but 3% of the total amount is already something that most people would not even dare to think about.
desired amount.
…
In Borneo, the 3rd Division smoothly joined forces with the 5th Division in East Borneo while maintaining logistics with 900 tractor relays.
"Old Zheng!"
"Commander Yang!"
"You miss me so much, how are you doing here?"
"Basically they didn't encounter much resistance. They had no logistics. Many soldiers only had five rounds of ammunition..."
"It's the same on my side. There's one regiment, almost one and a half regiments, and most of them are sick. There's no need to attack. They may all die in the jungle in two years."
"But these people are doing decent construction work. It would be nice if I found a coal mine..."
"I've been away for so long, how is Surabaya developing? Tell me..."
Both of them had a tacit understanding not to ask about the outcome of the battle, because the Japanese surrendered too quickly, and the outcome of the battle was of no value, but there were no prisoners of war. This was what Liu Yiming had ordered.
Both divisions broke through the defenses of the two regiments and successfully met in East Borneo. In the north, the only remaining supplies were bombarded by the navy, which were to be reserved as strategic reserves.
Therefore, the Japanese army not only lacked ammunition, but also had difficulty maintaining their guns, there were snakes, insects, rats and ants everywhere, humid weather, and malaria!
During the half-year blockade, although they relied on farming and plundering, they could eat better, but there were no medicines. One-third of the soldiers had malaria, and many died.
The Japanese army tried to break through, but faced the combination of barbed wire fences and trench heavy machine guns, leaving thousands of corpses behind and retreated in a hurry.
If Liu Yiming hadn't kept these as bargaining chips and built the area, the Third Division and the Fifth Division would have wiped out this group of bandits.
On February 4th, a brigade of the Fourth Division landed from the north, forming a comprehensive encirclement of the Japanese army. It was only a matter of time before they were completely annihilated...
…
Liu Yiming has been paying attention to various price fluctuations in Japan, and all talents with financial-related knowledge in Nanhua have been gathered together. But on February 4th, Liu Yiming received bad news.
"Japan's silver price has increased by 6% this month, and the die silver price has also increased by 1%. We suspect that either the Japanese are sweeping up goods, or someone is secretly exchanging money." said the governor of the South China Central Bank.
"They should all be there, so we will also do the exchange quietly. Starting tomorrow, we will run on all other banks except the Bank of Japan." Liu Yiming didn't have to think about it. Both sides must be causing trouble.
However, the goal of the Anglo-American Group was to crack down on finances. Knowing that the British would take the whole situation, Liu Yiming's purpose was to drain Japan's liquidity. The more the better.
This will greatly reduce Japan's development level. As for whether the war will affect it?
No, on the contrary, the Japanese purchased two additional 5,000-ton armored cruisers for the purpose of fighting Nanhua, but the war will be over soon...
…
"You're only getting such a small amount of money this month, and I can hardly afford my brother's school tuition." Army Corporal Kitami Shigure complained to his comrades as he touched his newly paid salary.
"Yes! If it weren't for the fact that the price of white rice this year was only half of previous years, we wouldn't even be able to eat white rice mixed with sand." The comrade agreed.
"It's okay for you. We have a small shop at home, and Keiko can run it..." Keiko is the sister of a comrade in arms. She is cute, gentle and considerate, and is simply the best candidate for a wife.
Chapter completed!