"Just like the Japanese military ticket!" Meng Xiang later heard about the bad deeds of Japanese military tickets.

Except for open robbery, most of the Japanese buy things in the occupied areas of China, they directly use military tickets to pay the bill. The Japanese pay the bill according to the face value, and forced the people of the occupied areas to exchange military tickets as currency to exclude other legal tenders and other currencies. Since there is no margin for the issuance of military tickets as exchange, and there is no specific issuance station, the Japanese military tickets cannot be exchanged for Japanese yen. The number of such military tickets is as much as direct robbery. Therefore, the Japanese government uses this as a means to control the economy of the occupied areas and plunder the wealth of the occupied areas.

"Yes, it's military tickets!" Zhou Bai also knew why Meng Xiang had such a big reaction. The Japanese have a long history of issuing military tickets.

The Japanese began to use military tickets as early as the Sino-Japanese War, and were also issued in large quantities during the Russo-Japanese War. During World War I, when the Japanese occupied Qingdao, only one division of troops stationed in the garrison issued nearly 12 million yen of military tickets in one go.

"Since the occupation of China, the Japanese invaders temporarily used Korean banknotes in North China, and the Japanese banknotes were sent to Shanghai. However, the circulation was not as good as the fiat currency. Next, they would issue a large number of military tickets. This undoubtedly disrupted the normal order of fiat currency and caused a large number of ordinary people to suffer." Zhou Bai also sighed, "However, military tickets are not just done by the Japanese. Whenever a war occurs, military tickets may be issued. Military tickets can not only maintain the stability of the economic order in the army, but also avoid many troubles caused by the circulation of their own currency. Overall, it is still a good means."

"In our investigation, we found that in some surrounding areas, the circulation of silver dollars is relatively small, resulting in the price of gold and silver a little higher than elsewhere. Although the impact is not great for the time being, with the plunder of the Japanese invaders, both the Japanese invaders and the central authorities will be more strict in the next step of controlling gold and silver. At that time, it was far from enough to rely solely on the small amount of gold and silver to circulate." Zhou Bai said. His first rule, the most important thing in issuing metal currency is the insufficient amount of gold and silver.

Meng Xiang was also shocked when he heard this. The base's gold and silver swallowing had already had an impact around him. Fortunately, mineral income now accounts for half of the income, otherwise the scope of this lack of gold and silver will be further increased.

"Then we also want to issue military tickets?" Meng Xiang kept thinking about the pros and cons of issuing military tickets. Later China also issued military tickets when it was used to support Vietnam in 1965. It seems that there is no right or wrong military tickets, and the bad deeds of military tickets were destroyed by greed.

"The method of using military tickets is correct. Now, the military pay received by the Pioneer Army is all used in the ocean, which is not necessary. As long as the stability of the military tickets is maintained, it is actually the same as credit currency." Zhou Bai was also hesitant in his heart. He knew the consequences of excessive military tickets, but the Pioneer Army is now financially in a tight position, and many recent measures by the Pioneer Army are realizing his dream step by step. He couldn't help but propose these methods.

Meng Xiang knew the way when he heard this. It was the same as printing money. He couldn't help but smile and said, "I'm afraid that the people will not recognize this military ticket!"

"This requires the credibility of the Pioneer Army and the use of a large amount of gold, silver and foreign exchange to maintain the stability of the balanced military tickets. Everyone knows that the Pioneer Army's arms transactions are made of real money and silver!" Zhou Bai's last sentence looked at Meng Xiang with a little meaningful look.

Meng Xiang smiled bitterly in his heart, but unfortunately most of the money was filled into the base. Because the value of gold and silver is high, the size is small, and it is more affordable than minerals, the gold and silver invested in the base have not decreased. It seems that in order to maintain the stability of military tickets in the future, the use of gold and silver in the base needs to be reduced.

"However, before again, there must be a regular bank with the functions of a central bank to handle military expenditures, even bonds, gold, silver and currency and other related businesses, not just storage functions." In the following sentence, Zhou Bai refers to the Taiping Bank that Meng Xiang had opened shortly.

Because the military pay was paid out in ready-made oceans, in order to cover up people's eyes, cloned soldiers also received salary the same. The return of this dollar was handled by Taiping Bank. The cloned soldiers deposited military pay in Taiping Bank one after another, which also led other single soldiers to deposit the oceans. This made Meng Xiang proud for a few days. Still time travelers didn't know that the bank made money?

Today, Zhou Bai's statement was a bit unfair to Meng Xiang.

Meng Xiang had this idea long ago. The main reason was that banks in later generations were too popular and everyone knew that banks were the most profitable. The government had no money, so they looked for banks.

When finances were tight, Meng Xiang also thought of the bank.

In the later years of the nation's stock investment, Meng Xiang still had some financial knowledge. He had read a lot of books about economic wars and currency wars in later generations. But when it comes to specific bank operations, he didn't know. But he still understood the importance of economy and finance very well.

Without economic support or financial support, the army is just Lai Han who has a lame leg.

This principle is suitable for everyone in the world.

Nowadays, any powerful warlord has his own bank, otherwise the account will be banned by others, which will be a little troublesome. Even foreign banks are not very safe. Russian banks were just tying up their debts back then. Although Meng Xiang knew that Citigroup and HSBC would not fall, she did not intend to throw this piece of fat out to foreigners.

With spare money, small money can be concentrated to accomplish big things.

This is why the establishment of the Balance Bank was just during the period of creation, and he was not clear about some of the bank's procedures. It has been nearly half a month since Yang Yi was responsible for the military pay of the Pioneer Army.

"Well! Taiping Bank needs to be more regular." Meng Xiang said, but thought of Citi. When Taiping Bank was first established, Meng Xiang wanted to imitate Citi to become a behemoth that manipulates the world economy.

Now the vanguard army has initially gained a foothold. Even if it is threatened by the Japanese, it can barely protect itself with the development and upgrading of the base. At this time, it is very convenient to vigorously launch its own bank to solve some economic problems. The value of China's currency in the future is very unstable, and the fiat currency will continue to depreciate. The US dollar, British pound, Japanese yen and other things cannot be widely used.

Without a large number of other currencies to replace them, a currency vacuum area is formed. It is far from enough to rely solely on silver dollars and gold support. At this time, launching a strong currency may become the protagonist in future economic wars.

War has never been a single gun, and the politics and economy are all inclusive. It is crucial to settle the economic account and stabilize the fortress of the financial system.

It’s just that these require the support of talents.

"Yang Yi needs to take care of the trivial matters in the military, and at this time, Tianping Bank neglected to take care of it. I wonder if Mr. Zhou has a suitable manager?" Meng Xiang asked Zhou Bai directly.

"How many are there?" Zhou Bai hesitated for a moment. His life as an old otaku like a fan group made him alienate him from some of his previous relationships.

"Yao Qingsan, who studies currency, was familiar with me. He has some research on the value setting and amount of military tickets and bonds. In addition, if he is a bank manager, Zheng Tieru is good, but he is now a manager at Bank of China, so he may not be willing to come." Zhou Bai said the truth.

Zheng Tieru's name made Meng Xiang feel a little impression, and he vaguely remembered his story about making a big profit on pounds and military tickets. It seemed that the international financial level was good. As for Yao Qingsan, a famous figure in later generations who studied currency, he had no impression of it.

"Then let's invite them quickly. If you sincerely invite them a few more times, you will always come." Meng Xiang smiled.

"Actually, there are Ma Yinchu, Fang Xianting, Yang Ruiliu and others, and they are great at studying money and finance! As for Liu Dajun and He Lian, both have official duties and may not be able to come." Zhou Bai pointed out a few more names and cast more nets at that time, and maybe someone will come.

"Ma Yinchu?" Meng Xiang said in surprise. In fact, there was something he didn't say in his heart: I heard from later generations that he is very famous for talking about population planning. How did he change his research on currency?

"Ma Yinchu is a well-known figure in the economic field today, specializing in currency. What a pity!" Zhou Bai sighed.

Meng Xiang also understood that his vanguard army was not famous enough, and it was hard tolerate the great god! He couldn't help but make up his mind and tricked him into it. Last time, Zhu Kezhen and others who were cheating him were working selflessly. All kinds of experimental equipment made them forget the slightest suspicion they came.

"Only other economies can operate well if the financial system is well structured!" Zhou Bai said, "Combined with the appropriate issuance of war bonds and the auxiliary promotion of metal currencies, at least the economic stability of these regions can be guaranteed without major chaos."

"There are two points of regional stability, one is money and the other is food. As long as these two points are stable, we can plan calmly. Until now, we have no specific planning and design?" Zhou Bai looked at Meng Xiang and said.

Meng Xiang suddenly thought of the five-year and ten-year plans for future generations. It seemed that he had too many things at hand, and ignored the detailed arrangement of the overall plan. Although he also had a general concept and strategic layout in his mind, it was not a detailed planning plan at all.

"Yes! You need a detailed planning plan. Do you have a draft plan? Take it out and let's study it together." Meng Xiang looked at the thick stack of newspapers that Zhou Bai brought with him. Since he said that, he must have had a preliminary plan.
Chapter completed!