It has to be said that the 21st century of England has become so sad, but it can still rely on financial heritage to prolong its life. It is not without reason to be active on the world stage as a dead but not dead old shit stick! Just this kind of damaging color is suitable for eating this bite!

However, it is definitely not just a good thing that has benefits, but no cost or risk. However, costs and costs are mainly those colonial currencies released. However, for banks and foreign merchants, they are no different from paper to a certain extent.

For colonial capital, which dominates the colonial economy, there must be a lot of surplus in the money in hand, and it can be made even if it doesn’t exist, right? Although it depends on whether it is valuable or not, it is still worth it for these colonial capitals to use these things that are not very valuable to them to make venture capital, and not to mention that these expenditures are not completely lost.

Other costs and risks, including the yen required to maintain market transactions, the benefits of handling, sharing by insiders, and allowing people who have conflicts of interest to not deal with this matter too early and too quickly, and the risk of being blocked, pressured, and disturbed may occur.

Maintain the amount of yen for transactions, that is, the required circulation volume. The amount of circulation volume is related to the circulation speed, that is, the shorter the loan release and recovery cycle, the faster the speed, and the smaller the amount required for circulation.

But it is obvious that the other party is not obsessed with reclaiming the yen as quickly as possible. This one should be to prevent being discovered early and causing other additional losses. Both should not care much about the loss of the yen.

The latter is not surprising. Although Japan is known as an industrial country, its industrial production capacity is not as good as that of old industrial countries such as Europe and the United States. Moreover, its resources are relatively scarce and its internal market is limited. It can only import resources and export them to other countries' export-oriented economies after processing.

But now it is not after the war. It may export resources and parts from its homeland or colonies to Japan, but Europe and the United States have also triggered an economic crisis due to overproduction. How can it buy the inferior goods it produces? The colonies don’t have to think about what are they seizing these territories and competing for spheres of influence? How can they let its products in?

Therefore, their trade with Japan has been in a surplus for a long time, but Japan cannot provide too many resources and trades with them. The yen is not easy to cash in their hands. Its status is not much different from that of colonial currencies, and there is no heartache when it loses.

As for the benefits of sharing with the person in charge and the insider, the person in charge is a money dealer. Lin Mo followed these clues and carefully investigated them, and found several guys who were doing this kind of work, including trust funds specifically for large and medium-sized customers, as well as exchange brokers targeting foreign bank dealers or large customers bringing funds to market, as trusts for financing, etc.

Trust, trust in Shanghai in the Republic of China, is mainly used to provide financing, leverage, margin trading, long and short services for speculation, etc., for speculation, etc. Anyway, similar institutions can be seen whether it is formal or irregular, or on-site or off-site trading.

However, these companies are different from those of big money dealers, but their business is basically the same. They first find a silver speculation, but because they lack funds or currency trading, the transaction currency is naturally the Japanese yen. So they provide the Japanese yen to the other party. After the transaction, they find a way to exchange the Japanese yen with colonial currency, and repeat the rotation.

What is worth mentioning is that foreign bank dealers and large customers who bring funds into the market. Some bank dealers are probably taken by them to take the opportunity to incorporate or cooperate to promote colonial banknotes in various places. This is a situation that Lin Mo has spent a lot of effort to find out.

As for the large customers who bring funds to the market, there are local forces in various places with a large amount of silver dollars. Some of the wealthy and powerful people saw that the price of silver in Shanghai had risen so much, so they personally sold silver to make profits, and even participated in silver speculation. There were brokers, trusts and other people or institutions that specifically provided Japanese yen trading funds for these people.

Of course, the ultimate goal is to promote the exchange of colonial currency, but the behavior will be alleviated and will use colonial currency to bind and exchange it with the pound and francs to the other party. For those who participate in the silver speculation, foreign currency is a necessity.

Foreign currency is required to use foreign currency. Speculation and speculation ends, and foreign currency with stable currency value is required to lock in returns. Otherwise, you will continue to hold silver coins and will you lose money when the silver price falls back? At the moment when foreign currencies are in short supply, colonial currencies are also acceptable. If the silver price falls, it will not only save the profits, but also make more silver coins in disguise.

As for the insider, of course, there was a French Frenchman with French Indochina Dollar among the British colonial currencies. It is estimated that this currency was forced into it. After all, among the Indochina Dollars, the most famous one in China is the foreign silver dollar. There is a exchange relationship between the paper currency and the foreign dollar.

Even if it is not a silver-based currency, in its actual circulation in China, this thing should be considered a silver-based currency, which is synchronized with the rise and fall of the silver price. Like the banknotes, silver notes and other things issued by China and China Bank that are mutually exchanged with silver dollars, it cannot be used as currency for trading and locking profits. Unfortunately, if you don’t understand or be fooled, many people actually accepted this thing.

Back to the topic, the most important concentration of silver trading with the Japanese yen as trading currency is Lan Wei'er Road, which is located in the southern part of the French Concession, and is within its actual influence. The British sphere of influence is blocked by the French Concession. If you want to secretly cause trouble here, you will inevitably be unable to avoid it or hide it from the French.

For example, big money dealers, foreign exchange dealers, brokers, trusts, etc., the people who use them basically have the power background of the French. Without the French, it is difficult for the British to play. Unfortunately, the French colonies are mainly concentrated in Africa. The Asian and Pacific region is just a French Indochina, but the currency is not so suitable, so this situation occurs. However, if you want them to cooperate, the British must find compensation for them from other places.

This chapter is not over, please click on the next page to continue reading! As for the fact that things are exposed, blocked, pressured, and disturbed, they naturally refer to Americans and Japanese. Americans are reluctant to plant fruits. As a result, you secretly poke and chew off a big mouth. Can people be happy? It will definitely be disturbed and destroyed!

As for the Japanese, I guess if I know it now, he will be angry. He will work hard in front. As a result, you, the sixth brother, didn't say that you picked fruits from behind, and asked me to take the blame. Not to mention disturbing me, I guess I would have self-destructed that everyone would stop playing together.

Let me explain in detail here that the money cost that may be paid for doing this is actually mainly that once the silver price collapses, the loans may be likely to be unable to be recovered, because those speculators and speculators are placing a lot of money. If they collapse too hard, they will probably lose all their money. However, there are several specific situations.

One is to release the yen and cannot repay the loan without recycling, and the loss is the yen, but the recovery period of the yen is short, so this situation should not be too much.

The second type is to recover the yen but fail to try and repay the loan. Strictly count the loss is colonial currency, and the amount involved should be the largest.

Because most of the currency traded in the market is provided by them, after the chips change hands many times, most of the people in the market who hold the chips will be their lenders, so this round of rotation of funds will naturally save much more than the people saved within a few days. The total amount of money that cannot be paid back among these people is their gross loss.

However, loans usually have collateral, but the main purpose of these people is to promote the banknotes, so the card is relatively loose, and most of them may not be able to offset the loss on paper. However, the paper from the colonies has been replaced with real estate, land, jewelry, gold and silver, and even company industries. Even if there is a loss on paper, is it really a loss for those of them?

The third type is naturally able to repay part or even all the interest on the money, and naturally it can offset the paper loss. However, the yen that is loaned is also a considerable chance of recovering it is yen. If the yen is returned to them, will they be happier?

In fact, the tricks these people are doing are essentially no different from those of the Japanese on Lan Wei'ai's road, who exchanged the yen for full silver with full warehouses. They are just changing paper for other more valuable things.

Unfortunately, even if you understand it, Lin Mo is powerless to change it. He may even choose the interests of one party to protect and stand up, so that they can check and balance each other, so as not to lift the table up on you together and make the banknotes in your hand completely turn into paper.

The national government's body really doesn't have the ability to calm the room and not let people turn aside the table, so he can only turn a blind eye for the time being and ends the idea of ​​continuing to explore deeper. He chose to go there for the past two days and almost heard the calloused Lan Wei'ai Road Talk.

But I definitely can't go directly. This place is so famous now. They have had a precedent for concocting turmoil at night, so this place will definitely attract the attention of Japanese spies. Maybe they are waiting for them to drill in with their pockets!

So, Lin Mo launched an investigation around the silver transaction on Lan Wei'ai, that is, the Japanese, and not only investigated Lan Wei'ai's affairs, but also investigated and verified the backstage related to the rumors.

But after walking around the periphery, the situation was a bit strange and I didn't find anything suspicious. Not only did he not find it, but even Wang Yousheng could not see anything suspicious.

Is the opponent really so powerful? It doesn't matter at all? It shouldn't be, absolutely not! It's possible that he can't see it, but Lin Mo believes that Wang Yousheng can definitely see some of it.

That is to say, there is really nothing? After thinking about it, I went closer and found another situation. The Japanese on Lan Wei'ai Road would go to the surrounding area every evening. The unfamiliar new tenants, which relatives came from, would be strictly investigated and interrogated by him. All the hotels and inns around him were included?

In addition, Lin Mo also found out that someone had a conflict with Lan Wei'ai and his group of Japanese people on the street a few days ago. According to the onlookers, the other party was also speaking Japanese. He started to see the people coming to speak harshly, but Lan Wei'ai and his group were not allowed at all. Even if the other party lowered their posture, Lan Wei'ai and his group drove them away with force.

What attracted Lin Mo's extra attention was when it happened. At the moment when the Japanese began to secretly guard against them, the visitor was probably these people.

Could it be that Lan Wei'ai is involved in the Japanese naval forces? After all, the Japanese spy who is now facing him and others is acting as a special high-tech but has a stronger army background.

But it is not right? With the conflict between Japan's sea and land, shouldn't they come? Or is it that the power of the Japanese Navy suffered a loss in the battle between Nanjing and others, and they thought they could cooperate?
Chapter completed!