With one operation, an agreement was reached between major powerful warehouses and shops, limiting the number and amount of people to exchange iron coins for private Jiaozi.

Each person will exchange it regularly every day. If the quantity exceeds the quantity, it will have to wait until tomorrow. At the same time, the number of people is limited, with a maximum of one hundred people.

Once this news was sent, it immediately caused a chain reaction.

It was a coincidence. At this moment, it was just when the families of soldiers in the army came to exchange iron coins with Jiaozi. Jieku and Duipiao Shop issued this regulation. When the families came to the city to inquire, they were panicked and rushed to line up.

But it is not only them who have to queue up, but also others who bought Jiaozi when Jiaozi was in hot air. There are even some relatively small-scale newly opened warehouses and people in charge of Duibao Shop.

Including small landlords outside the city, small merchants in the city, and even the residents in the city who generally have a lot of savings, they are at the end of the game of passing the flowers.

This group of people suddenly learned that a group of veteran qualifications in the city had issued restrictions on iron money exchange business, and they were immediately panicked. They felt that it was a big problem to hold so many Jiaozi in their hands, and Jiaozi's market may change.

So they quickly sent a friend to queue up to exchange for exchanges, and tried to get all the iron coins back as soon as possible.

A stone caused a thousand waves, and the soldiers' families, the leeks in the city and new financial practitioners all came to queue up to exchange for iron coins. In this way, the number of people in line was much higher than the estimates of the old qualified warehouse and shopkeepers.

They originally thought that Jiaozi was so hot some time ago, and now there may not be many people queuing up like this.

But unexpectedly, the day after the news was released, the people who came to queued up were overwhelmed. One or two people in the queue were quarreling endlessly, and they all seized the position in front and exchanged the iron coins with the jack in their hands.

There was a bustling noise outside the door. When the shopkeepers inside the door saw this trend, they secretly shouted in their hearts that it was not good. This Jiaozi was afraid that he would not be able to hold on and was about to collapse.

Because of the many incidents in the court that Jiaozi depreciated many times, the Shu people distrust Jiaozi far exceeded their imagination.

Some experienced and experienced old shopkeepers have experienced more than once Jiaozi collapse, and have also heard of Huizi's collapse, which exchanges copper coins outside Sichuan and Sichuan. They are not unfamiliar with these things.

Some experienced people even summarized the rule that the run is the beginning of a collapse.

Once a bank run occurs, the banknote collapse will be inevitable. The court almost does not have the ability to stabilize the situation, and even the capable court is unwilling to use a large amount of imperial deposit coins to support Jiaozi, Huizi, and maintain the value of the banknotes.

Rescue does not exist. They will only abandon Jiaozi and Huizi. Some corrupt officials even take the lead in shorting Jiaozi and Huizi, making huge profits from it, sweeping away the people's years of savings and making a fortune.

Then don't worry about the flood.

It is for this reason that the people never trust Jiaozi and Huizi very much.

However, due to the difficulty of trading physical coins, they have to rely on the convenience of Jiaozi and Huizi. Otherwise, would they really have to use cows or donkeys to carry hundreds or thousands of pounds of copper coins and iron coins to conduct large-scale transactions with cows or donkeys?

In fact, there is no choice, so they will always resume using Jiaozi and Huizi again.

Nevertheless, when the banknote collapses, no one will pity the contribution it has made.

A large number of Jiaozi holders lined up in a long line, competing for the pitifully few exchange places at the doors of Jieku and Duipan Shop, and quarreled and fought, so that the government had to send people to maintain order.

The officials also spent a lot of money to buy Jiaozi in the previous Jiaozi fever. Seeing the situation like this, they were also panicked. Jieku and Duipan Shop saw the anxiety of the government, so they gave priority to exchange iron coins for the officials to appease their uneasiness and let them serve Jieku and Duipan Shop wholeheartedly.

Hello, I, everyone, okay? Isn't this?

The officials were happy, so they wholeheartedly served the warehouse and the shop.

But in this process, new chaos emerged.

Some people took advantage of their relationship with officials and blatantly jumped into the lineup.

Some people use their official connections to open the back door directly.

Some people also bribed official officials on the spot and squeezed out their competitors.

The officials who were originally just to repay the warehouse and the shop to relieve their worries suddenly realized that this was a good opportunity to make extra money, so they happily began to control the situation and make a small amount of extra money.

Only collect iron coins, don’t pay for your children, the quota is limited, first come first served!

Business genius belongs to it.

If this is the case, then the situation can still be maintained, and the internal struggle between Jiaozi holders can still divert some of the conflicts. This is a good thing, Jiaozi will not collapse so quickly.

But after a few days, the situation could not be maintained.

A small official from the Ministry of Revenue in Chengdu was promoted by Jiang Fu after taking office, so he was Jiang Fu's confidant working in the Money Printing Department.

During the Jiaozi period, he saw that many people really made money without any risks. He was very jealous and felt that he should not miss this wave of market conditions. So he told his family privately to buy Jiaozi and exchange it for iron money, so he could make a lot of money.

My family did what he said, and made a lot of money, and the whole family was very happy.

However, the little official only planned to make a profit and stopped doing it, and warned his family not to be addicted to it. Jiaozi was finished sooner or later, and he could stop doing it after making a profit, otherwise he would be trapped and lose all his money.

As a result, my family did not listen to him because of greed.

Seeing Jiaozi's fever keeps heating up, the family is jealous of others making money and cramping. They rush to buy a large number of Jiaozi again, then sell and rush to buy again, making a lot of money in the process.

The whole family lost their minds and became crazy when they made money. They only felt that Jiaozi would make them completely free of wealth and become eternal wealth. In the end, almost the whole family's working capital was exchanged for Jianzi, and many of the previous things were sent to pawn for money to buy Jiaozi.

They are going to make enough money in the end.

As a result, when the Jiaozi crisis began to emerge, Jiaozi was in their hands and could not get out.

The little official worked overtime in the Ministry of Revenue until he was about to explode. He didn't know about this matter. He was shocked and didn't bother to scold his stupid family and immediately found a way to relieve the crisis at home.

He privately found a familiar shopkeeper in Dadui shop to discuss this matter, but the shopkeeper was unwilling to take over the large number of Jiaozi at this time. He repeatedly begged that all kinds of discounts would not work.

In desperation, he finally gritted his teeth and told the truth about the matter in exchange for enough iron money.

All of this was a conspiracy of the court and the conspiracy of the supreme ruler of the Song Dynasty.

Because he lacked money, he thought of this insidious trick and tried to exchange it for a large amount of iron money in this way.

Through the operation of buying and selling Jiaozi several times in the entire Ministry of Revenue, in more than three months, the Ministry of Revenue made hundreds of thousands of coins of iron money for the Chengdu court. The court made a lot of money, the national treasury was no longer empty, and there was already a considerable amount of deposits.

But at the same time, all the iron coins that were passed by the people were plundered. Except for the part taken away by the court, the remaining part was earned by major warehouses and shops.

There are almost no circulating iron coins on the market, and Jiaozi is already finished.

The shopkeeper was stunned.

"If Jiaozi collapses, will the court not care about the impact? How many people will lose all their money and go completely bankrupt? Doesn't the court care? In the past, it was just depreciated, and it was not enough to be completely collapsed, right?"

The little official shook his head, looking helpless.

"In fact, the court never cared about whether Jiaozi collapsed from the beginning. Anyway, it was just a piece of paper. Isn't it worth it to make real money with paper?"

"But in this way, the entire Sichuan and Sichuan area will be in chaos! Now there are smoke everywhere, the court..."

"The court has no money! Even the army has to reward Jiaozi for making military achievements. It's really no money!"

The little official suddenly couldn't hold back, covered his face with his hands, and screamed: "All the money is greedy. The Shangguan I know is rich, and they all have wealth and have to cry in front of the official family. It is impossible for the official family to ask them for money!

He is not Su Yonglin! If he were Su Yonglin, would he have fallen to this point today? Su Yonglin killed corrupt officials, which was really a killing. He killed tens of thousands of thousands of people. The officials in Ming Dynasty dared not embezzle at all!

So Ming Dynasty's money is too much to die, with more than 600,000 troops! More than 600,000 troops can be raised. What about us? Only 40,000 troops have no money when they fight!"

7
Chapter completed!