Hidden Dragon in Qing Dynasty

In this era where gold was the standard, the currency values of all countries were very stable, and there was no large scale inflation at all. Contrary to that, deflation was actually quite common.

Famous novel Jane Eyre, in which the heroine works as a governess at Thornfield Manor, only earns 20 pounds a year.

Darwin, the author of the origin of the species, bought himself a big country house in his late years and brought the land, for just over two thousand pounds.

The total cost of Wembley was over seventy thousand pounds!

The average male employee in the City of London would earn around one hundred pounds a year, while the female staff would earn less than fifty pounds a year.

With such a comparison, the value of the thirty million that Xiao Letian had invested was incomparably shocking!

If it were to be changed again, based on the exchange rate of one pound against four taels of clear silver, Xiao Letian would have taken out a total of 120 million silver for this gamble.

How could Xiao Letian have so much money? This question was probably unfathomable to all of the people in the Great Qing, and those who did not truly understand the modern financial system would not be able to understand it, but to the confused Great Qing people, the series of financial tricks that Xiao Letian played were completely foreign to them.

The Chinese were an independent and independent country, and even the United Kingdom had recognized this. Since it was a country, it must have the right to tax, and the areas under Chinese control were also very well-developed and had an adequate fiscal surplus.

More importantly, the Chinese people controlled the printing of half of the Great Qing's currency notes, and these currency notes used silver as their standard and tax protection as their double insurance.

Banknotes could be exchanged for silver and could also be used to pay taxes. This way, the citizens would not have any objections to the banknotes, and when the confidence of the banknotes increased, Xiao Letian would secretly add water to them.

The so called mixed water was to issue paper money which far exceeded your silver stock. This was to dilute the wealth of the people in Great Qing.

For example, when Xiao Letian had a hundred million silver taels in his treasury, he would dare to print a hundred and fifty million silver taels in notes.

Theoretically speaking, once the citizens started to run and exchanged their money for silver, Xiao Letian would not be able to do so. However, this kind of situation would never happen.

The extra fifty million silver taels notes were the money that Xiao Letian had taken from the citizens. He could use these notes to purchase goods from the citizens, and then transport them to the entire world to earn a lot of money.

The size of Great Qing's economy was too big and there were too many people. Xiao Letian drew tens of millions of silver from this economy every year, which simply could not affect the stability of society.

The public would only think that the price had increased a little, but it was definitely an acceptable increase. This was what boiling a frog in warm water meant!

The financial surplus in the treasury and the pumping of the inflation in the bills weren't everything that Xiao Letian could do to earn money, but there were still a lot of other ways to earn money.

Xiao Letian had business in his hands, the Hidden Dragon Plan was, in the end, a tycoon. All the Chinese aristocrats had shares in this tycoon, and this was an economic community.

This tycoon is going to make money, through stock swap, direct investment, indirect investment... All kinds of methods were used to infiltrate the Chinese business field, and the annual profit from Hidden Dragon Project was not a small amount.

, who had single-handedly promoted Mr. Liu Chouchu, had become the first God of Wealth.

The biggest stock market in Asia, the Suzhou Exchange, was under Xiao Letian's control. Every year, he would withdraw an enormous amount of wealth for Xiao Letian.

120 million silver!

At that time, the Great Qing, in addition to He De's control of the customs revenue, only earned 30 to 40 million silver taels annually.

Three whole years of Great Qing's revenue had become Xiao Letian's bargaining chip. If the nobles of the Manchu dynasty knew about this kind of big gamble, they really wouldn't know how to feel about it.

What was worse was that this one hundred and twenty million silver, just through the battle of Walter and the battle of the Spicillin's plateau, had already doubled!

Two hundred forty million silver, this was the repayment Xiao Letian reaped after only a month of fighting!

However, Fang Guan's ambition was even stronger, so she actually wanted to earn two times as much. She wanted to turn 30 million to 100 million, so he wanted to let the Chief return home with 400 million silver taels!

With this four hundred million silver taels, Xiao Letian's dream of the deep blue navy would have hope!

His dreams were great, but the process was complicated. Not all financial markets were crazy, and there were many calm Investor s.

The surrounding area of Bank of England was already filled with fanatical Investor, but not all of them were there. At least sixty percent of the Investor s were still watching from the sidelines.

Inside the Downing Street, Prime Minister Gladstone, the Prince of Crown Prince Edward and the others were gathered together. Each one of them had a strange expression on their faces as they analyzed the battle situation.

The study room was completely silent. Only after drinking two glasses of whiskey did The Duke of Newkes open his mouth, "The Prime Minister invited us here today, could it be to hold a mute meeting? What is there to think about? Xiao Letian is our friend and Prussian is the queen's relative.

Crown Prince Edward put down his wine cup and sighed: "I never thought that this would happen so quickly!"

"I was afraid that my sister and brother-in-law would suffer losses in this war, and I even used the royal influence to help raise money in the financial markets …"

"But …" But how could France be beaten into dough in such a short time? "Isn't this too much …"

"Duke, it's not that I don't want Prussia to win, I just don't want them to win!"

A policy of checks and balances in the mainland, that was also a policy of checks and balances in the mainland! This was already Britain's national policy. Facing the continental Europe, Britain would never hope for a strong warrior to stand up.

France's defeat was something that Britain would have liked to see, but he would have preferred to see France and Prussia both suffering, and Prussia at the very best!

Gladstone was very familiar with this. He smiled and said, "I don't think this war will go smoothly. Although French Emperor suffered two defeats, his vitality was not damaged …"

"According to intel, the French side has lost more than 10,000 people, but not more than 20,000. This kind of loss is nothing to the French …"

"French Emperor has almost 300,000 members of the Professional Legion. This amount of damage is something we can bear!"

"And now that France is at war with the mainland, theoretically they will have countless sources of troops. The more Prussia fights, the more difficult it will become!"

"Look at the financial markets now, even though Prussia's stocks have doubled, most of the Investor did not do anything …"

"Otherwise, tripling it by more than three times!"