I hope to exchange the copper coins that cannot be stored in the cellar at home into valuable silver and gold coins.

You have to know that when the Song Dynasty was founded, one tael of silver was exchanged for one string of money (one thousand copper coins).

What about now?

One tael of silver can be exchanged for three or four strings of cash.

The main copper coins had low casting technology. Some copper coins were re-melted to reduce their weight, and some were directly iron coins.

Some people also split a string of money into one and a half strings to use.

Such a chaotic monetary phenomenon seriously disrupted the market economy and hindered the healthy development of the Song Dynasty's economy.

The emergence of the Royal Bank of the Song Dynasty and the introduction of a new currency during the commercial war were undoubtedly timely.

Many big businessmen wanted to take advantage of the opportunity to make a fortune, but unfortunately they did not bring enough money.

it's good now.

We can make large-scale loans to the Royal Bank through secured mortgages, thus solving the problem of insufficient funds.

With money, the businessmen from other places naturally started to buy all kinds of things.

However, as the trade war progressed, grain prices continued to fall, and the merchants who had been buying and selling grain before also suffered losses.

The reason is very simple.

Even if you bought grain at 60% of the regular price sold by Prince Jing's Mansion, after waiting for half a day, the price would immediately drop to 55% of the regular price.

This means that those who bought in advance lost half of their money in half a day.

One in and one out.

That’s 10%!

The businessman's assets have shrunk invisibly!

Merchants value profits, and even a drop of one cent or one cent will make them feel sad, let alone a drop of 10%? !

After initial losses.

Everyone calmed down a bit and started to wait and watch, watching the business war between the two sides, and buying some from time to time.

No one dares to invest all the money. What if the price continues to fall?

Of course, there are also those who feel that the price is right and they can afford the loss even if it drops further, or those who have made some profit and sell in advance.

So as to avoid falling behind and then surging.

"It's fallen, and it's fallen again! The price in Nanshi has fallen to 30% of the parity price!!!"

There were special brokers who would report messages back and forth between the two markets, delivering the news to big merchants in different areas of the city.

There was also a businessman who was good at calculating. He spread out a wooden board and wrote rows of numbers on it.

"hiss!"

"Sancheng, that's too cruel! He's risking his life!"

"Yes! 30% of the parity, this has fallen directly back to the era of several decades ago when a stone of rice cost a thousand coins!"

"If I sell it now, I can earn 2,000 coins for one stone of rice. Even with the loss, it's still 1,000 coins!"

"100% return!!!"

The big merchants in the city were horrified when they saw the charcoal words on the wooden board.

"People from Prince Jing's Mansion and Qi Shi's Mansion have all gone out to the South City to buy food. The carriages are lined up in a long queue!"

"People in South City are also organizing people to buy food outside the Yuelai Inns in the city!"

"According to a rough estimate, after the business war started, Prince Jing's Mansion lost 500 million! South City lost 400 million! It's crazy!"

"This is a game that depends entirely on which side runs out of money and food first! The losing side loses everything!"

Yicui Tower!

No more music of stringed instruments.

The big businessmen were all restless, looking haggard and listless, and it was obvious that they had not rested for several days.

"It's done, Prince Jing's Mansion won't give up!"

"They are crazy!"

"What should I do? My family's stock is running low, and I've even taken out old grain from a few years ago!"

"What should I do? Didn't my family lose money? In three days, my family lost 50 million yuan! Millions of silver!"

The merchants were cursing and swearing, no longer as high-spirited as before.

Markets are like battlefields.

You can start a war, but you don't necessarily have the final say in ending it.

After the business war begins.

These big businessmen continued to mobilize food and funds and came to Gusu, trying to bring down the finances of Prince Jing's Mansion.

Unexpectedly, Prince Jing's Mansion remained indifferent, and instead they began to get restless.

Our money doesn't come from the wind.

Who can bear to see the family wealth accumulated over hundreds of years being lost in a few days?

Some people who cannot bear the psychological pressure have fainted several times.

"It's gone. Our inventory has been cleared out by Prince Jing's Mansion again!"

The managers of each household arrived one after another.

"It's all settled on the spot, not with copper coins, but with real silver!"

Upon hearing this, a grain merchant who was slightly weaker turned pale, lost his breath, felt dizzy and fainted.

Everyone else was sweating profusely and trembling with fear.

The goods are sold out, which is a good thing to keep at ordinary times.

But now?

That would be a very bad thing.

Because they are selling at 30% of the original price, which means they are losing 70% of the price.

For example, if they purchase one stone of grain for one thousand yuan and sell it for three hundred yuan, they will lose seven hundred yuan.

The money they earned was far from enough to cover their expenses, and their assets shrunk by 70%!

Of course, because it is only a half-fall, it is not as serious as this, but it is indeed a huge loss.

Moreover, at this time, not only the Prince Jing's Mansion was buying, but big merchants from all over the country also began to buy.

With 30% of the food on par, you won’t lose money at all, just buy as much as you can.

What's even worse is.

The Prince Jing's Mansion still has the spare capacity to buy goods, which means it still has ample funds.

really.

The next moment, a spy reported back that the price of grain at Prince Jing's Mansion had dropped by another half a percent, reaching 25 percent of the parity price.

"We must buy back the goods they have taken, otherwise we will be kicked out and lose all our money!"

· ·····Request flowers 0 ··

"But our funds are no longer sufficient!"

The continuously falling food prices have caused everyone’s assets to shrink, and they simply cannot come up with as much money as before.

This is what shocked everyone.

Prince Jing's Mansion is just one family, how could it withstand the combined efforts of several major grain merchants?

How rich is that family fortune?

"We can't fall any further. If we fall any further, we won't be able to bear it!"

"Not bad!"

"Today, Gusu is surrounded by wolves. Those who watch the show want to come in at any time and swallow us up to eat our meat and drink our soup!"

"The only solution now is to find a way to buy out all the food in Prince Jing's mansion!"

"According to calculations, the grain owned by Prince Jing's Mansion now, including the few granaries that are just numbers, totals about 20 million shi!"

"Based on the current selling price of Prince Jing's Mansion, we need to raise at least 100 million coins, about 10 million taels of silver!"

have to say.

The "rich" Song Dynasty was truly rich. Even in this situation, these big businessmen were still able to raise tens of millions of taels of silver.

And what about the court?

If Zhao Wuxian hadn't given 10 million taels at the beginning of this year, there would have been a financial hole.

.... ........ ...

It is not an exaggeration to say that some businessmen are as wealthy as a country.

Such merchants would have been confiscated long ago in the Ming and Qing dynasties. However, they still lived a comfortable life in the Song dynasty.

"Your Majesty, those people who were waiting and watching are beginning to get restless and have joined the grain purchasing team!"

Inside the palace!

In the pavilion, Zhao Wuxian was playing chess with the pregnant Wang Yuyan. Not far away, Zhou Zhiruo, Xiao Zhao and others were practicing martial arts.

Warm, harmonious and leisurely.

The business war outside did not disturb Zhao Wuxian at all.

He was not worried that those people would buy up all the food.

Through buying and selling transactions, Zhao Wuxian has exchanged the one million shi of grain returned by the system for grain that was not returned by the system.

If all these food are returned as critical hits, how much will there be?

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