My client Li Yunlong

Chapter 275 Huge profits!

Mid-February.

Under the command of Okamura Neiji, the North China Front officially launched its spring sweep.

A total of three divisions and two brigades of offensive troops, supported by nearly a hundred cannons of various calibers, more than a hundred combat aircraft, and more than a hundred tanks and armored vehicles, launched this unprecedented large-scale sweep.

Considering that the opponent's strength is different now than in the past.

Neji Okamura played very steadily.

He ordered two divisions, one on the left and one on the right, to launch an attack on the Jinan base area in a double-teaming situation. They adopted a step-by-step approach. Only when they completely controlled an area and expanded enough breakthrough width would they continue to attack in depth.

There is also an infantry division ready to support at any time.

Two infantry brigades serve as logistics units to protect the baggage transportation lines.

It seems that thanks to this solid combat plan, the Japanese conquered cities and territories in southern Hebei and regained a large amount of territory.

There is no ability to obtain a large amount of new Hebei Nan coins.

So, there is a big spread here.

···
"Withhold some silver dollars."

Since the Hundred Regiments War last year, the new Jinan coins issued by the Eighth Route Army have been circulating throughout North China. In just one month, they have completely driven away all other currencies, including legal tender, which was also rubbed against the ground.

now,

But in fact,

A large amount of silver dollars was also used to stabilize the value of the new Hebei Nan currency and alleviate people's loss of confidence in the currency due to the war.

In particular, the major cities with transportation lines controlled by the locust army are the core gathering places of wealth.

But the top Japanese leaders are still very sober.

Suzuki Fanji saw the opportunity and directly intercepted all the silver coins that were going to be shipped to the country, preparing to make a fortune.

It is a territory that is easy to attack but difficult to defend.

Although the front lines captured the city and the newspapers shouted victory.

Suzuki Hoji is worthy of being an economic expert.

By the end of February, the price dropped from the previous price of 100 new Hebei Nan dollars to 16 silver dollars, to 100 new Hebei Nan dollars for 10 silver dollars, directly back to the price three months ago.

Suddenly,

Suzuki Fanji ordered the bank controlled by his subordinates to use this batch of silver coins to collect new Hebei Nan coins.

In Taiyue and Taihang areas, one hundred new Hebei Nan coins are still exchanged for sixteen silver dollars.

The new Hebei Nan dollar began to fall sharply.

A full sixty percent profit.

In North China, people in the Japs-controlled areas began to panic, and this panic was also reflected in the economy.

The brutal battle is yet to come.

Taihang and Taiyue base areas and major transportation routes are all controlled by the locust army. Merchants are simply unable to transport new Hebei Nan coins to the Eighth Route Army base area on a large scale, exchange them for silver dollars, and then transport them out.

And it is too far from the core control area of ​​the Eighth Route Army.

He is very clear.

"No, stay all."

The economy in North China is developing rapidly, and the private sector has accumulated a large amount of funds.

"The front line of the locust army is as strong as a broken bamboo, and the eight directions are fleeing."

"Exchange Jinan coins in the market."

An average of more than 23,000 tons of grain are put into the market every day, including 20,000 tons of sorghum every day, which solves the problem of food shortage in North China and steadily lowers grain prices.

They know very well that the territories recently occupied by the Locust Army are all marginal counties that the Eighth Route Army voluntarily abandoned. Because they are too close to the railways controlled by the Locust Army, the Locust Army has easy supplies and can quickly gather troops.

During this period, thanks to the large-scale purchase of materials on Tubal Road, a huge artificial market was created, and workers were recruited to build roads, bridges, and water conservancy facilities, creating a large number of jobs.

As the supply line lengthens, as the troops disperse, and as the distance from the railway becomes farther and farther, Tubal Road, which has a large number of advanced weapons and equipment, will inevitably have various attack methods beyond the expectations of the Locust Army.

It is now the end of February.

As a result, the price of silver dollars in the market skyrocketed.

Up to now, the new Hebei Nan coins have been circulating in North China for more than half a year.

The truly difficult battle is yet to come.

Suddenly, the news controlled by the Japanese began to clamor.

Therefore, when public opinion gained the upper hand, when people began to panic, they sold the new Hebei Nan coins in their hands into silver dollars.

Even the imperial yen is not accepted by the mainstream market.

With the attack of the locust army, they seized a large amount of territory and blocked the Jinan base area. Ze County, the financial center of the southern Hebei region, has lost its role. No merchants can get there to exchange silver coins.

It became the only currency in circulation in North China.

Therefore, this transaction is a profit for the Locust Army.

The United States has recently been purchasing silver on a large scale. I think this time, the empire can make a lot of money again.

Then, use this fund to purchase scrap steel, machinery and equipment, fuel, etc. from the United States to continue the empire's military supplies.

···
The last three days of February.

Chi County.

"attack."

"Onboard!"

The Yamazaki Brigade took the lead and rushed into the county town that the Locust Army had lost.

"Tubal Road is nothing more than that."

The Yamazaki Battalion was originally just a second-class divisional brigade with more than 500 people.

At the beginning of its establishment, it was a brigade responsible for public security in North China, used to eliminate Tubal Road and sweep away Tubal Road base areas.

It's just that the situation is changing,
Suddenly, Tubal Road's strength increased, and it grew explosively. More than 30,000 locust troops of the 27th Division were driven out, and several regiments were wiped out.

An infantry brigade of more than 500 people, let alone raiding deep into the Tubal base area, might be eaten up even if it was close to the edge of the Eighth Route Army base area.

In the Hundred Regiment Battle, the Locust Army lost seventeen brigades, half of which were composed of more than 500 people. They were too close and even entered the brigades in the Tubal Road base area.

Then they were eaten by the Eighth Route Army in one fell swoop.

The battle was over before the Locust Army could even arrive with reinforcements.

Therefore, the Yamazaki Brigade at this time was a full-scale brigade, with a total strength of 1,000 people, equipped with an artillery squadron, four Type 41 mountain cannons, and two Type 92 infantry cannons.

Great firepower.

There are also three squadrons of infantry with sufficient strength.

A squadron of cavalry, responsible for mobile forces.

There was also a heavy baggage squadron, carrying enough supplies for a week's battle.

This was Okamura Ningji considering being surrounded by Tubal Road, using the terrain to hold on, and then waiting for reinforcements to arrive.

after all,

Tubal Road lacks offensive capabilities. Although it has combat defense artillery, it is small in number, heavy in weight, and has no tanks. As long as it relies on the favorable terrain to build a solid fortification group, the Locust Army can persist for a long time unless it is heavily attacked.

This is the experience of a hundred-regiment battle.

at this time,

The Yamazaki Brigade took the lead and invaded Chi County, encountering almost no resistance.

The arrogant Yamazaki Heiji immediately became arrogant, thinking that facing the elite army of the Locust Army, Tubalu was just a chicken and a dog, fleeing at the wind.

"Report."

"Joint order from General Suzuki and the division headquarters."

At this time, a telegram came to Yamazaki Heiji.

"idiot."

Colonel Yamazaki was very dissatisfied when he saw the telegram. He had just conquered this county that had been controlled by the Eighth Route Army for half a year. It was said that many people in this county supported the Tuba Road. He was about to ask the soldiers to teach the people in this county a severe lesson.

Let them know the consequences of supporting Tubal Road and opposing the Locust Army.

As a result, the division headquarters and Major General Suzuki actually ordered him to restrict soldiers, prohibit any bloody conflicts, and maintain local security and commercial security.

If bloody conflicts and public security problems result, the commander may be dismissed from his post, or the commander may commit seppuku.

He also ordered to fully cooperate with the working group of the Economics Department and meet any needs they have.

Although Yamazaki was arrogant, and although he wanted to teach someone a lesson by only taking blood, in the face of the joint order and the serious warning of committing seppuku, he could only obey the order honestly.

"Is that the Eighth Route Army's factory over there?"

Captain Yamazaki, who had nowhere to vent his anger, looked at a factory in a base area.

"Hi, it's a factory with a lot of old-fashioned machinery."

The subordinate replied.

"Destroy them all."

Yamazaki found a punching bag.

···
the next morning.

"Report, the bank working group has arrived in Chi County."

Suzuki Fanji received a report from the economics class:

"The silver dollar exchange work is currently being carried out and the progress is very smooth."

"Yoshi."

Suzuki Fanji couldn't help but raise the corners of his mouth more than ten degrees.

Although the civilians in the areas controlled by the Locust Army only took people and had a large number of new Hebei Nan coins, they were still far behind the areas controlled by the Tubal Road, the so-called base areas.

This is the collection area of ​​Ji'nan currency.

Ocean of wealth.

After all, since May last year, Tuba Road in southern Hebei Province has recruited more than two million workers to work here. The wages are very high, the minimum wage is 60 yuan a month, and food prices are low.

It also imported materials on a large scale and at high prices, which prospered the economy.

According to preliminary estimates,

There are more than 1.2 billion Jinan dollars in cash deposits among the nearly 10 million people in southern Hebei alone. The banking facilities in the Eighth Route Army base area are not perfect, and it is said that there is not enough manpower.

There was no way to form enough banks.

In addition, people who only take money do not like to deposit money in banks, which results in a large amount of cash being hoarded among the people. Every time he thinks of this, Suzuki Fanji can understand a little bit why Tuba Road has to invest a large amount of silver dollars in the market, and why The silver dollar has been depreciated frequently, which has promoted the export of silver dollars.

In order to promote currency circulation.

Undeniable,

Tubal Road created a miracle.

In less than a year, in the southern Hebei, Taiyue, and Taihang regions, the economic level has increased by more than 20 times, and may even be more than 30 times, or higher.

But the price of this miracle is massive material investment and the issuance of massive new currency - according to his estimates, the number of new Hebei Nan coins consumed every month is definitely more than one billion.

Infrastructure construction, especially in the absence of machinery and equipment, requires only manpower to carry out large-scale infrastructure construction, which consumes a huge amount of money.

Since October, the Eighth Route Army has mobilized more than millions of manpower to build a road more than 800 kilometers long, running through the Taiyue, Taihang, and Southern Hebei base areas, eight meters wide, and capable of driving giant heavy-duty trucks.

A large number of farms, farmland, water conservancy facilities, and feeder roads have also been built on both sides of the road to connect the countryside.

This highway alone, as well as surrounding facilities and feeder networks, are estimated to cost more than one billion. After all, workers' wages alone are in the hundreds of millions every month.

A billion a month is not much.

In ten months, that’s nearly 10 billion in funds.

The supplies had no impact and were consumed.

But for such a huge amount of cash, even though Tubal Road has a large number of return channels, including medicine, food, transportation, etc., the return rate is estimated to not exceed 50%, and most of it is immersed in the private sector.

It is equivalent to adding a large amount of uncontrollable deposits.

This is a bomb.

Once a run breaks out, it may even destroy the financial order that the Eighth Route Army finally managed to stabilize, and it will be completely destroyed.

Therefore, he speculated that Tubal Road successively devalued silver dollars in order to collect scattered Hebei Nan coins and promote currency circulation. Otherwise, more and more currencies would be hoarded on the market, which would inevitably lead to a currency crisis.

However, this idea is actually somewhat shaky.

Because the more stable the value of the new Hebei Nan currency is, it even appreciates compared to the silver dollar, which is equivalent to the appreciation of the New Hebei Nan currency, and the more people will tighten their hands on the currency.

Of course, these matters had nothing to do with Suzuki Fanji, and he did not further analyze and think about this matter.

What he was thinking about now was.

In the southern Hebei region, how to collect a large number of Jinan coins in the southern Hebei region.

If all the 1.2 billion new Hebei Nan coins can be exchanged, based on the price of 100 Hebei Nan coins for 16 silver dollars in the Taiyue base area, that would be 200 million silver dollars.

Two hundred million silver dollars!
Today, the price of silver in the United States has reached seventy-five cents per ounce.

Two hundred million silver dollars, that’s more than $100 million.

"It doesn't seem like much?"

Suddenly, Suzuki Fanji's excited heart calmed down.

Not really, more than $100 million is not much to him.

Instead,

With a population of nearly 10 million,
Although a large part of the population has been transferred to Tubal Road, more than 8 million people still live in southern Hebei.

It can only blow up more than 100 million US dollars.

If it were the United States, it would probably make billions of dollars.

"America!"

Suzuki Fanji looked a little gloomy.

In his opinion, sooner or later, the Empire will fight to the death with America. What will be the solution then?
However, he is worried that these are meaningless now. It is better to focus on earning money for the empire, so that the empire can buy more machinery and equipment, steel raw materials, fuel, etc.

Increase strength.

After withdrawing his thoughts, Suzuki Fanji said to his hand:
"In counties controlled by the military, new Jinan coins were purchased at the price of eight silver dollars, which were exchanged for one hundred new Jinan coins."

As the Japanese continued to capture cities and territories and market panic intensified, Suzuki Fanji lowered the exchange price in order to further increase profits.

"Hi."

The men immediately went to execute it.

···
"The little devil is quite smart."

Ze County.

Before retreating.

The person in charge of economics in the southern Hebei base area and the monetary policy maker in the base area couldn't help but smile when he heard the report that the Japanese were using silver dollars to collect new Jinan coins on a large scale.

When it comes to making war fortune, little devils are professionals.

"Do we want to restrict exchange..."

An officer asked.

The scale and proportion of silver dollar exchange in Taiyue and Taihang base areas are regulated by them.

As long as the exchange ratio is adjusted, such as restoring the ten-to-one exchange ratio between Hebei Nan coins and silver dollars, the Japanese can make hundreds of millions less.

"No need."

The head of economics shook his head.

Their purpose is to stabilize the currency value. Compared with letting the Japanese lose money or make hundreds of millions less, the financial stability of the base is more important.

Because after this war is over, the base area will really start to develop its economy.

Anyway, with these hundreds of millions, it won’t be the base area that suffers.

(End of this chapter)