Back to the Song Dynasty as a tyrant

This is the basic model of foreign exchange control.

In fact, the opening up of Rabbit means opening up means the entry of foreign capital.

It's just that foreign capital cannot come in unscrupulously, and there is a big manager there to regulate and control according to national conditions.

If Eagle Sauce invests one billion, and one day it earns 1000 billion, if it wants to withdraw all the 1000 billion, it has to be converted into Eagle Sauce Coins and then withdrawn, and it will go to the bank to exchange.

After the exchange, the bank has 1000 billion more Rabbit Coins in its hands, and 1000 billion Rabbit Coins are missing in the market. The bank must find a way to slowly release the 1000 billion to the market, otherwise it will affect the economy.

Yingjiang will come again next time, and his appetite will be even bigger, and he will leave when he makes money, and the rabbit will make up again.

This is how Yingjiang uses investment to make a big bubble, and finally forces the opponent to depreciate, then sells the goods at a low price, sells them after the price rises, and finally exchanges them to leave, destroying the opponent's economy, and making a lot of money.

A country with a small size can easily be played to death.

However, the Song and Xixia in the 12th century did not have such complicated international trade and intermediary institutions.

So, to put it simply, it is much easier for the Song Dynasty to engage in Xixia than for Yingjiang to engage in other countries.

Unless Xixia sets up its own central bank to issue its own currency, and then controls the exchange of banknotes in the Song Dynasty, and Xixia has a strong industrial structure to adjust.

That is also possible. One day when Xixia realizes the magical power of currency from the currency war, it may be established, but will Xixia still exist at that time?

Zhao Ding was puzzled again: "Then how to control the court to collect [-] guan, and only use [-] guan?"

Zhao Ning smiled and said, "Don't you need a bank?"

Zhao Ding was startled suddenly, stood up abruptly, and said: "Listen to the official's words, and I will be enlightened!"

Naturally, there were financial concepts in ancient times, especially in the Song Dynasty.

But in ancient times there was no way to play like this.

"I have another question, sir."

"anymore question?"

"What if the people of Xixia use handover banknotes to exchange for copper coins in Song Dynasty?"

Zhao Guanjia said, "Give it to them."

"give them?"

"Xixia is a small country, even if the whole country comes to exchange copper coins, how much can they exchange? They have exchanged it, but it is only used in Xixia. How big is the business demand in Xixia? How much copper is needed?" Zhao Ning shook his head. He said with a smile, "As long as Da Song can provide cheaper tea, silk, and ceramics, and the trade with Da Song must be paid in cash, why do the Xixia people exchange so many copper coins?"

What Zhao Ning really said now made Zhao Ding speechless.

Everything is determined by supply and demand. Xixia people exchange a lot of copper coins back, which is heavy and unsafe. Exhibition?

In fact, before the world wars, the international currency was "pound sterling".

why?

Is the pound also linked to gold or oil?

Do not!

Because the UK's production capacity is strong enough and its economy is strong enough.

Before the so-called Breton system and the oil system came out, what affected the currency status was the economic strength of a country in advance of military self-protection.

For example, the Eastern Continent in the 12th century.

Why everyone uses Song copper coins, in addition to being well-made, there is another reason: the Song Dynasty has developed commerce.

You don't believe that you let Japan cast copper coins of the same quality. Do you think Jin Guo wants to use Japanese copper coins?

After all, Jin Guo also needs to buy tea from Da Song. He uses Japanese copper coins, but Da Song does not accept it.

Zhao Ding paused, and then said: "Then the bank will not..."

"That's right, the bank will be a crucial office in the future, and its role is no less than that of the Privy Council or the Military Council."

Zhao Ding said with emotion: "So, is it necessary to monitor the amount of money handed in from Xixia?"

"That's right, it's for monitoring. The Song Xia transaction is carried out in the trading market. The relevant officials have account records, which will be backed up to the bank. The local bank will control the amount of banknotes in different regions according to the amount of banknotes that flow into the mutual market."

"Will there be officials making false accounts and embezzlement?"

"Yes, but that's not what the bank should worry about. That's what the Su Provincial Court, the Audit Court and the Ministry of Criminal Affairs should be in charge of."

After hearing this, Zhao Ding finally fully understood the real value of the bank's current existence.

It is by no means as simple as issuing banknotes.

Zhao Ding sighed in his heart, it seems that what our official has to do is bigger than imagined.

If the strategy of handing over money against Xixia can be successful, wouldn't it be applicable to the Kingdom of Jin as well?

Zhao Ding finally asked in doubt: "Would Xixia people be willing to use handover notes?"

"That depends on whether we can win this battle."

Zhao Ding said: "I understand."

"Once the Battle of Yinzhou is over, if Song Dynasty wins, I want you to meet the Xixia envoy in person and negotiate this matter with Xixia. This matter is related to the market and the Qingbai salt transaction, and it is also closely related to the bank. You need to be in the Taifu Coordinating between monasteries and banks to ensure the connection between banks and businesses, and timely control of banknote transfers."

"The minister leads the order."

Zhao Ning sighed in his heart, and just watched the battle of Yinzhou this time.

If Yinzhou wins, test the financial structure he built in this era and according to this era on Xixia.

If it works, then you can find a way to use it in Jin Guo.

However, the Kingdom of Jin is different from Xixia in terms of size and strength, and may have to use different methods.

On April [-]th, Li Ganshun arrived in Xiazhou.

He inspected the Xixia ace cavalry and infantry iron kite and Bubazi in Xiazhou. On the same day, Xixia's elite entered Shizhou eastward.

25 Xia troops gathered in Shizhou, known as 40 troops.

As for Yinzhou, as of April [-]th, a total of [-] people have been transferred to Yinzhou from Yanyan Road, and the total amount of food has reached [-] shi.

On April 5000, the [-] troops of Li Yongqi, the commander of the Dingbian Army, had already arrived in Yinzhou first.

Song Dynasty began to frantically build new cities in Yinzhou.

Not only in Yinzhou, but also in the south of Yinzhou, within a hundred miles of Mizhizhai, the city has also begun to be built successively, connecting Suide and Yan'an.

The Song Dynasty has an advantage that neither the Xixia nor the Jin Kingdom has: fine organization and management capabilities and construction capabilities.

So there was a situation in which a Yongle City was built in thirteen days.

Chapter 386 Competing for Yinzhou (third update)

Isn't the Song Dynasty famous in history books for its redundant officials and overstaffed people?

When did organizational skills become so high?

So for anything, you can't just read a sentence in the book, and then make a labeled introduction.

Da Song did not maintain such an efficient organizational ability at any time, but not all of them were extremely inefficient.

In other words, its organizational ability is divided into partial and overall.

The case of Yongle City happened in the northwest, the northwest of the Great Song Dynasty, and it was composed of a large area of ​​military regions.

The military town here has been at war with Xixia for a long time. If it was as inefficient as those yamen in Tokyo, it would have been over long ago.

In places that have been threatened by foreign enemies for a long time, the organizational capabilities of militarized areas are very strong.

For example, at this moment, after the mobilization orders for the two roads of Yanyan Road and Huanqing Road were issued, both the army and the people's power are moving to the border of Yinzhou in large numbers.

Song Xia and Song Xia will have an unprecedented mobilization competition within a month, and neither of them will be outdone.

By April 6th, the total number of soldiers that Song Dynasty could put into the battlefield had reached [-], including the engineer regiment, some logistics troops (Xiang Army, Turk Army), and even the Supervising Team of the Military Governor's Mansion.

As for the investment of ordinary people, it has already reached a scale of [-].

On April 21, a small Xixia elite mountain field force broke into the Song Army's military defense fifty miles west of Yinzhou City.

At noon, the two sides launched a fierce field battle.

From start to finish, it lasted for two hours.

This Xixia elite consists of [-] elite cavalry, [-] infantry, and [-] iron kite heavy cavalry.

With the cooperation of infantry and cavalry, taking advantage of the advantages of the mountains, they immediately displayed the terrifying power of the Xixia elite.

The Xixia light cavalry repeatedly charged the Song Army's formation with extremely terrifying and urgent actions.

Song Jun responded with a dense rain of crossbow arrows.

When the killing was at its worst, the iron kite suddenly moved out, pressing towards the Song army like a torrent of steel, tearing apart the Song army's defense in an instant.

Until the iron harrier crushed a relatively narrow mountain road, the ambushing Song Jun smashed the iron harrier that rushed in with stones.

The Xixia people collapsed and withdrew and quickly regrouped. After the Song army also partially collapsed, they quickly replenished their formation and regrouped.

Both sides did not back down, and the battlefield ended in a stalemate between the two sides. Song army reinforcements arrived, and Xixia retreated.

In the evening, blood flowed like rivers in that area, which was extremely tragic.

Both sides have more than 1000 elite breakouts there.

The leader of Xixia is Ye Liqingduo, and the leader of Song Dynasty is Liu Xi.

This was obviously a tentative attack by Xixia.

After Ye Liqing returned to Shizhou, he immediately saw Li Qianshun.

"Your Majesty, the Song army is extremely powerful, and I have repeatedly charged and killed it several times, but it cannot be broken!"

"Isn't the iron kite too?"

"The Song army's defenses were all on the mountain roads. When we reached the narrow mountain roads, our army's iron kites could not be stretched out, but were repelled by the Song army's mountains and rocks."

Ren Dejing who accompanied him said: "Your Majesty, why not take this opportunity to attack with the whole army. The Song army came in a hurry, so they must not be ready yet."

"Not ready yet?" Li Qianshun was a little impatient. He hated Ren Dejing very much now, but when Ren Dejing surrendered, he had to use Ren Dejing.

One is that Ren Dejing knows many things about the Song Army, and the other is to show the Han people in Xixia, so that the Han people are more willing to be loyal to him, Li Qianshun.

"In today's battle, our army has dispatched iron kites and steppers, but still failed to break through the Song army's defenses. Is this not ready yet?"

Ren Dejing was speechless.

After dark, Liu Kai, who was sitting in Yinzhou, also received a report from his brother Liu Xi.

Liu Kai said: "It seems that the Xixia people are impatient to fight a war."

Han Zhi said: "Liu Shuai, do you want to send more troops to the front?"

"No, defenses have been deployed at various gates. The most important thing for us at present is not to fight the Xixia people, but to delay the time so that the reserve soldiers and people and food will be delivered one after another."

"As long as we build more city walls around Yinzhou, form mutual support, and increase depth, we will win this battle."

Even Li Yongqi couldn't help but nodded, he said: "What Liu Shuai said is very true, Xixia will come with all the power of the country, we don't need to fight it head-on, as long as we can hold Yinzhou and establish contact with the rear here, we will win. Yes. This is why the Xixia army rushed to attack us today, they are more anxious than us."

Sure enough, the commanders and generals who led the frontier troops looked at military issues more simply and thoroughly than ordinary civilian officials.

"So in the past few days, the scouts have to move frequently to investigate the whereabouts of the Xixia people."

At noon on the second day, just after lunch, Han Zhi came running over: "Liu Shuai, the envoy from Xixia is asking to see you."

"Xi Xia envoy?"

"That's right, it's just outside the city."

Wang Sheng, the Counselor of the Jinglue Department of Yanyan Road, said: "The envoy from Xixia is coming now, it must be to inquire about the reality of our army, Liu Shuai will definitely not see this person."

Liu Kai thought for a while and said, "It's okay to meet him. He wants to find out about our army, and we can also find out about the Xixia people."

Not long after, the Xi Xia envoy came in.

This Yinzhou Marshal's Mansion was the place where Yeli Songren lived before, but now that Yeli Songren was captured, Liu Kai adapted it into the Yinzhou Marshal's Mansion.

After the Xixia envoy came in, he raised his head and said in a cold voice, "Who do you dare to ask General Song?"

"Presumptuous!" Liu Rui on the side said angrily, "What are you, dare to speak in such a tone!"

The Xixia envoy continued to speak coldly: "This Yinzhou was originally the land of my Baigao Daxia Kingdom. Why did the people of Song Dynasty invade my territory?"

Liu Rui scolded: "If you come to talk such nonsense, I advise you to go back quickly!"

"Song State is a state of etiquette in the Celestial Dynasty, why is it so arrogant?"