If they lower their prices, Prince Jing's Mansion has to follow suit, otherwise it would be admitting defeat and exiting the market.

It will be even more difficult for him to get in.

Once a business war begins, one of the two sides will definitely suffer serious damage.

and so.

As long as the price of Prince Jing's Mansion follows the drop in price, the big merchants can buy in large quantities at a low price, and then raise the price to sell when the grain reserves of Prince Jing's Mansion are exhausted.

Of course, Prince Jing’s Mansion can also do this.

In such a market competition between big merchants, the key is to see who has stronger capital and who has more grain and goods.

Prince Jing's Mansion.

Zhao Wuxian, his third uncle Zhao Shizhen and several other people who were good at business sat together and discussed the countermeasures for this business war.

Since last year.

Through the [Mansion of Strange Men], Prince Jing's Mansion has attracted a large number of extraordinary people, including many people who are proficient in business from all over the country.

After all, the operations of the New Ship Trade Guild, Ocean Trade, Yuelai Inn, Zuirenju, Tianjiufang, Soap Factory, etc.

They all need people who are good at business.

Zhao Wuxian has always been open-minded when it comes to employing people. As long as someone is truly talented, he won’t care about his background.

He is able to make good use of talents and is highly praised by those who are depressed and frustrated.

After continuous assessment by the palace, a group of outstanding talents naturally stood out.

Many people are not incapable, they just lack opportunities to hone their skills and train themselves.

Third uncle Zhao Shizhen and Zhao Shirong demonstrated excellent business acumen in running ocean trade.

Just right.

In order to set up the Royal Bank of the Song Dynasty, Zhao Wuxian needed someone who had enough prestige and could be fully trusted.

Zhao Wuxian appointed Zhao Shizhen as the first bank president.

Zhe Zhong hurried in and delivered the latest information.

"The price has been reduced, Your Majesty!"

"The big merchants in South City have all lowered their prices, to half a percent below par!"

Zhao WuXian's spirits lifted, and he laughed, "Alright, the fish has taken the bait, lower it, notify them, we'll be half a percent lower than them!"

"Yes!"

Zhe Zhong left in a hurry.

Zhao WuXian looked around and said with a smile: "Today, we have to reduce the price to about 60% of the average price!"

Zhao Shizhen and others looked at each other.

The Suzhou and Taihu Lake areas of the Song Dynasty were the granary of the world and had the reputation of "When Suzhou and Taihu Lake are prosperous, the world is well fed."

As a result, several large grain traders and thousands of small and medium-sized grain traders were born.

This means that this trade war will determine who will control the grain prices in the Song Dynasty.

"Food, sex, and love are the greatest desires of human beings."

Food is the basic element for sustaining life.

The price of food determines the quality of life.

Rice in the south and millet in the north are one of the main foods that feed the people.

However, grain prices fluctuate due to factors such as its own laws, climate environment, and trade circulation.

High prices hurt people, low prices hurt farmers.

Therefore, the price of grain in the Song Dynasty was normally regulated by the imperial court.

But there is a solution.

The Song Dynasty had a developed commerce, which was unprecedented throughout all dynasties.

Handicraft industry, etc., is highly developed.

Many big businessmen had wealthy assets before the founding of the country. Over the past hundred years, the money they earned from business filled their cellars.

After they became wealthy, they attached themselves to the powerful through marriage and other means, and gradually gained control of greater power.

With such collusion, it is not uncommon to see snakes and rats living in the same den in various parts of Jiangnan and Southeast China.

The imperial court was tired of factional struggles, and the matter of Fang La's uprising was delayed in being brought to the court, which showed that it had long lost control over the people in the south of the Yangtze River.

During the reign of Emperor Shenzong, the price of high-quality rice in the Song Dynasty was one thousand coins per stone.

Now because of the war between the North and the South, and the depreciation of copper coins.

A stone of top-quality rice costs about three thousand coins.

Starting two days ago, there was another wave of price increases, reaching three thousand five hundred coins, and even four thousand coins.

Over the past few decades, food prices have increased by 300% to 400%.

It can be seen how much money those grain merchants made and how rich they are.

The granary is filled with copper coins, and this is not an exaggeration.

When Zhao Wuxian started overseas trade, the first commodity he purchased was grain, and then he discovered the chaos in grain prices in Jiangnan.

The grain from the fields cannot be sold at a good price, but the grain from the city can be sold at a high price.

Even if there is loss, it will not be to this extent.

There is no doubt that capital and big merchants indirectly control the market and plunder wealth.

This resulted in the people becoming increasingly miserable, the court collecting less and less tax revenue, and only a group of people in the middle made a fortune.

After receiving a large amount of grain returned by the system, Zhao Wuxian decided to fight back against exploitation and take back the grain market.

Zhao Shizhen and the others only now learned of Zhao Wuxian's plan.

While being shocked by his generosity, he couldn't help but worry and said with a wry smile: "Your Highness will lose millions of dollars every day by doing this!"

"More than a million dollars!"

Others shook their heads and said, "If the price drops to 2000% of the parity, and we calculate it at 800 coins per stone, we will lose coins if we sell one stone. If we only sell stones, we will lose million coins. If we sell million stones, that would be million coins!"

Zhao WuXian said in a deep voice.

"The big merchants are manipulating grain prices and disrupting the market. If we don't put them in check and let them raise prices this time, I'm afraid the people in Jiangnan will suffer!"

"Besides, a mere 80 million yuan is nothing. I can afford to lose 800 million yuan! All you have to do is follow the plan!"

Zhao Wuxian's words were powerful and full of confidence; he was certainly not afraid of losing out.

With the system in place, he is afraid of losing money? !

joke!

Not to mention millions of shi of grain, he could also provide tens of millions of shi, or even hundreds of millions of shi of grain.

Everyone was amazed at what he said!

Losing 800 million dollars easily?

With their blood boiling, they all stood up and saluted, saying, "Your Majesty is so righteous, we will obey your orders!"

Zhao Wuxian nodded and said, "Uncle San, this business war is a great opportunity for your bank to develop and make a name for itself. Don't miss it!"

Zhao Shizhen coughed lightly and said, "Is it really okay for us to lend money to those grain merchants?"

"No problem, as long as they provide physical collateral, such as land or real estate, you can get a loan if they dare to do so!"

Those big businessmen are just fat pigs!

If we don’t kill him this time, when will we?! .

Chapter 420: All heroes gather together, make your moves without regret, and win half a step over everyone else in the world!

Gusu!

Intoxicating residence!

Wealthy people from all over the world gathered here to witness a huge business war with far-reaching consequences.

three days ago.

Prince Jing's Mansion suddenly stepped in to stabilize the rising grain prices.

This thwarted the plan of the big merchants in Jiangnan to take advantage of Fang La's uprising to hoard goods and then sharply raise prices.

The big merchants in Jiangnan were certainly not to be trifled with, and they immediately followed suit by lowering prices, starting a business war with Prince Jing's Mansion.

The continuously falling grain prices not only alarmed Gusu, but also caused big merchants from other parts of Jiangnan to join in the fun.

A large amount of low-priced grain has flooded into the market, which is also an opportunity for them to stock up.

When the war broke out, it was not just the south of the Yangtze River that needed food. The north was even more short of food, including the capital.

If these low-priced grains could be transported to other places, people could immediately earn ten or a hundred times the profit. How could this not be attractive?

As a result, almost half of the merchants and funds in the Song Dynasty rushed to Gusu.

But large sums of money are inconvenient to transport.

then.

The Royal Bank of the Great Song Dynasty quickly filled this demand market by providing mortgage and lending services.

Moreover, they are newly introduced currencies, silver coins and gold coins, and the business of exchanging silver coins for copper coins will also be launched.

Silver coins are pure silver!

The gold coin is pure gold!

These two currencies are definitely much more valuable than the copper coins currently in circulation in the Song Dynasty.

After hearing the news, big businessmen from all over the country came to handle business.

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