different warring states of japan

Chapter 2114 Pandora's Box Opened

The reason why Yoshinori Takada was elected as the first chairman of the S-Bo Federal Reserve was not because of her high moral character.

Rather, it is because in this medieval island nation, there were almost no people who knew how to use the financial tool of the Sperling Fed.

Among the thirteen families of the Spoken God family, every one of them is a newbie. Everyone knows that the Spoken Federal Reserve is a treasure trove, but no one knows how to make the money.

Therefore, Takada Haruno, the founder of the Sōma food stamp system, was pushed forward by everyone to organize the game as he was an extremely rare financial talent in the island country.

In this regard, Gao Tianyang was both proud and cautious.

She had long felt that she would most likely be elected as the first chairman, and by using her identity as the chairman of the Spoelstra Federal Reserve, she could gain many benefits for the Takata family and Shintoism.

But on the other hand, everyone elected her to gain benefits and study finance. If she cannot bring enough benefits to everyone, then the position of chairman will be as dangerous as a volcano.

Long before the joint meeting of the Sapporo Federal Reserve was held, Takada Haruno had been working tirelessly to collect information and consider how to perform his duties in order to lay the foundation for the operating system of the Sapporo Federal Reserve.

By raising or lowering interest rates, the amount of food coupons on the market can be controlled to artificially create a tide. The process is not important. The key is whether you can take the money out of other people's pockets and put it back into your own pocket.

With the establishment of the provisional shogunate, the imperial decree of no war in Kanto has enveloped the entire eastern island country. The land under Shiba's command is restoring order, and economic activities that were destroyed by the chaos are also recovering rapidly.

The existing productivity and the newly added productivity, and the materials that should have been consumed by the military, flooded the market and became a disaster.

Oversupply leads to depreciation. The same currency can buy more goods, which is not a good thing.

The consumption capacity destroyed by the war has not yet recovered. The society advocates frugality and people like to save. Eating an extra bowl of white rice is considered extravagant and the beginning of the decline of the family business.

The island country is poor and supplies are scarce, but everyone is refraining from consumption, so the market still forms a deflationary trend due to oversupply of supplies.

Finance was still very rudimentary at that time, and Takada Haruno did not understand what deflation was, but with her keen business sense, she had already sensed that something was wrong.

There is a surplus of goods, the purchasing power of money has increased greatly, and the demand for money in the market is decreasing.

It seems that food coupons have become more valuable, but the market demand for food coupons has decreased, and the new money printed by the Spo family cannot be distributed, which has formed a blockage.

Just when Takada Haruno felt that this problem was difficult to handle, she suddenly discovered that the samurai of Oda's former territory were borrowing a large amount of money from Sasaki and Dokura, and the Tokugawa territory served as the fragrant river between Sasaki and Dokura.

Takada Haruno's mind suddenly became clear, and he finally found a way to solve the problem of deflation.

The samurai who were former Oda lords borrowed Sasaki food coupons from Sasaki Hijikata. They used the food coupons to purchase a large amount of supplies in the Tokugawa territory and used them as military expenses needed for Hideyoshi Ichijo's mobilization.

After receiving these food coupons, Tokugawa Ieyasu used the privilege of offshore exchange of food coupons to directly purchase a large amount of supplies within the sphere of influence controlled by the Sasaki family.

The market situation of oversupply of materials was reversed, and the excess materials produced by the Eastern Island Kingdom were continuously consumed by the war in the Western Island Kingdom through the Tokugawa territory.

During this process, the Sibo food coupons were continuously used, and a large amount of new money poured into the market, allowing Sibo Dokura to earn a large amount of seigniorage.

Moreover, the former samurai of Oda used food coupons to borrow money, and the huge amount of interest generated by the usury also had to be repaid with food coupons.

Having become credit card slaves, they could only exchange the profits they earned from the war for food stamps, which they then used to pay the interest on the local warehouses.

In this process, the Federal Reserve only needs to adjust the interest rate according to the fluctuations of food stamps in the market to obtain huge profits.

This profit was enough to support Takata Haruno to sit firmly in the position of chairman, and he raised his head to accept the applause and thanks from everyone.

Takata Haruno came to report this time, hoping to persuade the saint to further relax the loan restrictions of Shiba Tsuchikara, so that more samurai from the western island country can come to Shiba Tsuchikara to borrow money and buy materials from the eastern island country. Just the samurai from the former Oda territory could no longer satisfy Takata Haruno's appetite.

No matter whether it was the Mori family, the Chosokabe family, the Otomo family, the Ryuzoji family, or the Shimazu family, as long as the samurai family of Nishijima Province dared to ask for it, Sasaki Dokura would dare to lend it.

Using the materials of the East Island Country as a medium, Shiba Dokura could completely empty the pockets of the West Island Country's samurai family.

The huge base means huge benefits. The Spoelstra Fed can earn back the money of the entire island country by adding or subtracting leverage in the middle.

Finance is never a 100% game. It can be a game where I have 200% and you have minus 100%, or even worse.

In later generations, government debt ratios have exceeded 100% of GDP, but they still continue to play along.

Takada Haruno's greed played into Yoshigin's hands.

Ichijo Hideyoshi could conquer the entire Nishijima Province, but the large amount of supplies she consumed during the war also turned the samurai of Nishijima Province into a group of card slaves, the card slaves of the Sasaki family.

The Nishijima Kunitake family, who owed a huge debt to the Sasaki family, had only two options.

First, refuse to pay the debt and start a real war with the Sōma family. If you win, you don’t have to pay back the money.

Second, continue to expand and use the proceeds from foreign wars to repay the debt.

Yiyin has spent thirteen years proving one thing to all the samurai in the island nation: a saint is invincible, and only a fool would want to go to war with a saint!

Even an ambitious man like Ichijo Hideyoshi couldn't make up his mind to fight against Yoshigin, so which samurai in Nishijima Province would have the courage?

Therefore, the military family of Nishijima State had only one choice left, and that was to continue expanding, robbing money, food, and territory to pay back the money.

The huge economic pressure would force the samurai of Nishijima Province to force Hideyoshi Ichijo to invade other countries. When Ryukyu could not feed everyone, Hideyoshi Ichijo had only one target of invasion left, the peninsula.

Although Yoshigin is not a business genius like Takada Haruno, he actually understands what credit relaxation means as he traveled from the modern era to the medieval era.

The samurai families of Nishijima will eventually become penniless, a large amount of bad debts will surely destroy the economy of Nishijima, and Sasaki Dokura will also be hit hard by the financial crisis.

But even though it knew there would be a huge financial crisis in the future, Yiyin had to do this.

With Yoshigin himself as a huge hidden danger behind him, Yoshigin had no idea whether Hideyoshi Ichijo had the courage to invade the peninsula and provoke the Celestial Empire.

Therefore, Yoshigin had to force Ichijo Hideyoshi to invade by easing credit.

Hideyoshi Ichijo was a strong gambler. From the great return trip to the west, the decisive battle with Shibata at Kanegasaki, the subjugation of Oda and Tokugawa, and the expedition to Shikoku and Kyushu, it can be seen that she almost went all in every time and put everything on the table again and again.

Having gambled so many times, it doesn't matter if he gambles one more time. Hideyoshi Ichijo has the lucky mentality to win all the way.

But what if... I lose this time...

Pandora's box has been opened, and the financial behemoth called the Sasaki Federal Reserve has been released by Yoshigin himself. Its fangs will tightly lock the throat of the Nishijima Kingdom's samurai family and drive Hideyoshi crazy.

The day when Hideyoshi Ichijo went mad and landed on the peninsula was the beginning of her countdown to doomsday. In order to make the Shiba family a dog of the Celestial Empire, Hideyoshi Ichijo had to be sacrificed.

Born humble, died noble.