Shangguan Jieci is indeed a qualified virtuous supporter. Not only can he suppress the weird temper of Milong, but he is also unambiguous in his business.

Nearly 10 months have passed since Feng Yuntian officially invested in July last year.

Shangguan Jieci knew almost every step of the process well, and recorded the whereabouts of every cent.

If she had to report it from beginning to end, Feng Yuntian probably wouldn't be able to leave tonight.

Out of trust in Shangguan Jieci, I didn’t want to waste too much time. After all, I would have to take people to get up early tomorrow and rush to Haiwan Valley to organize the work of the workers.

Feng Yuntian skipped most of the contents and just wanted to know the final result.

That is, how much money you made!

Shangguan Jieci took out the abacus and looked at the account book, making a slight calculation, reporting to Feng Yuntian one by one the total profit after the balance last month and the total amount of money in the vault.

Since Feng Yuntian mentioned it before leaving, Milong Jiangying used silver dollars and gold bars to store it.

Therefore, Milong's money now made profits was tried every means to exchange for yellow croaker, silver dollars, silver coins and Yunnan half-open, which is a hard currency under the gold standard.

The fiat currency that cannot be replaced in time is used as daily expenses and wages, and all of them are settled or spent.

This also made the amount of gold and silver stored by Milong in Feng's basement reach a level that Feng Yuntian did not expect.

The combined gold weight of yellow croaker of various sizes reaches a very good 12,655 taels.

The weight of silver is one liang per dollar and one liang per piece of Yunnan half. The weight of various silver coins is converted into 154,650 liang.

A small yellow croaker of one or two during this period can be exchanged for 34 silver dollars, which is equivalent to 4549 taels of gold.

Adding up the two before and after...

Achieved an amazing 17204 taels!

More than 10,000 taels of gold seem to be a lot, enough for an ordinary family to live a wealthy life for dozens of lifetimes, but for a unit, it is actually not a lot.

In 1943, the international gold price was US$33 per ounce, while 1 ounce was equal to 28.35 grams. During the Republic of China, one tael was not equal to 50 grams, but only 31.25 grams.

Putting aside the complicated neglect, it is equivalent to one or two being more than an ounce.

17204 twelve gold is converted into US dollars, which is equivalent to nearly 600,000 US dollars.

Excluding Milong’s refusal of old weapons and equipment, as well as transporting various specialties of Zenda to big cities, and then switching them to Zenda for various daily necessities.

After nearly 10 months of turnover, the profits earned over $150,000.

In addition, Milong introduced "beauties" from big cities, attracting the dignitaries and wealthy people in Zenda City to spend more than 100,000 US dollars in consumption in Wuyoufang.

The Yu army has a total of nearly 10,000 soldiers. The cost of solving physiological problems in the past 10 months is only more than 30,000 US dollars per month.

Commenting on each soldier every month, it only cost less than $3.

If this consumption capacity was placed 37 years ago, it would be considered a "poor person".

You should know that even the lowest privates at that time had 12 yuan of fiat money per month, and the fiat currency exchange rate was 1 to 1.

By now in 1943, the monthly salary of the privates in the main expeditionary army like the Yu Division reached 35 yuan.

Including the colonel's more than 300 yuan a month, the lieutenant's 100-fiat currency starts.

The average consumption capacity of the soldiers of the Yu army is at least 50 fiat currencies, which is nearly 4 times that of 37 years.

pity……

After the six years of the Anti-Japanese War, the soldiers' military pay was increased several times, but their actual consumption capacity was reduced by dozens of times.

That is, the legal currency that was originally equal to 50 silver dollars can only be used as 3 silver dollars.

This is still in small towns that are less affected by inflation, less depreciation of currency, and are relatively more stable than large cities, compared with prices and consumption capacity.

If it is placed in a first-tier city like Chongqing, 50 fiat currency is probably not worth even a silver dollar.

This is inflation!

And this is just the beginning of inflation. As the National Government’s central bank continues to issue fiat currencies, the fiat currencies will depreciate by more than a hundred times in the early 1944 years.

By the beginning of 45 years before Japan's surrender, the total issuance of fiat currency will reach 500 billion yuan.

Taking the monetary reform on the eve of the Anti-Japanese War in 1937, the fiat currency and silver dollars were still in a 1:1 ratio, and the total fiat currency issued by the central bank was only more than 1.4 billion yuan.

That is to say...

By the end of the War of Resistance Against Japan, the depreciation of the fiat currency will exceed 300 times.

The total domestic value is fixed, and the more money is issued, the less valuable it is.

It is still good at this time. Although the fiat currency has been depreciating, it has not reached a terrifying level. The fiat currency in your hand can still be useful.

After the Civil War ended and began, the National Government needed a lot of money to recruit soldiers, horses and weapons.

Crazy inflation is finally here!

From 1945 to April 1947, the issuance of fiat currency by the central bank increased to 16 trillion yuan, officially reaching more than 10,000 times the beginning of the issuance of fiat currency.

The fiat currency is equivalent to depreciating by 10,000 times.

When the time ended at the beginning of 1949, the National Government gradually fell into a disadvantage on the battlefield, and the Kuomintang army was defeated by the Communist Party, and the upper-level capitalists began to prepare to run away.

The issuance of fiat currency soared to more than 750 trillion yuan, which is more than 500,000 times that before the War of Resistance Against Japan.

The fiat currency collapsed completely!

The numerical chain reaction price continued to rise wildly, and compared with the 37-year price, it reached a terrifying 35 million times. There was a funny and exaggerated phenomenon of buying an egg and using a basket to pick up money.

The total value of its currency has become less cost-effective than selling it as waste paper.

Feng Yuntian has an understanding of this aspect of history and knows that this is the inevitable result of fiat currency. Fortunately, before the civil war began, the depreciation of fiat currency was still within the scope of acceptance.

Although it depreciates every day, the amount is not large, far less than that in ten thousand units after the civil war broke out.

The main reason is that they were fighting against Japan before the outbreak of the civil war, and the Japanese blocked all China's external channels, and even if they had money, they could not buy anything.

No matter how much money the National Government prints, it is useless, and it will invisibly slow down the depreciation of the fiat currency.

Then again.

If the actual value of the soldiers' military pay has not been depreciated dozens of times, Milong's income will definitely be more than that.

Even if it is the most conservative estimate, there will be a 0 after this 600,000 USD.

However, Feng Yuntian was generally satisfied with being able to earn 600,000 US dollars.

In addition, during the training camp at the Lambga base, Xiushu applied for financial assistance from his father, which should be able to exceed one million in total, and he could buy a lot of good things before the war started.

Moreover, when he was at the Lambga base, Feng Yuntian specifically asked about the current international arms prices.

An American M2 heavy machine gun costs more than 1,000 US dollars, a Czech machine gun costs more than 200 US dollars, and an M1 Garland rifle costs less than 100 US dollars.

All kinds of bullets are based on thousands, and they are basically within 50 US dollars.

Although you can't afford those with $1 million, you can only move aircraft and warships worth hundreds of thousands or hundreds of thousands of dollars, and tanks worth tens of thousands or hundreds of thousands of dollars.

The important thing is that even if you buy it, you can't ship it to China now.

But a whole dozen howitzers or field guns, a whole mountain gun camp came out.

Or it may be possible to use some heavy weapons such as heavy machine guns, mortars, anti-tank rocket launchers to make his gang's equipment reach the standard that is barely close to the Indian army. In theory, it should not be a problem.

As for how to buy it, there is definitely no way to go through formal channels.

All China's foreign transportation channels have been blocked by the Japanese army at present, and they are basically unable to transport them in after buying them.

The only way to obtain is the black market where profit-oriented is no longer everywhere.

The underground black market is making money from war and national disasters. In theory, it is impossible to have room for survival when the national disaster is in danger.

But in fact, it is exactly the opposite, it not only has a strange existence.

Very active.

According to the exact information that Feng Yuntian personally learned, foreign arms dealers bribed the Japanese and puppet troops along the customs coast and transported the arms to China in a bold manner.

There are arms deals between countries, and there are even more private arms dealers in private.

Some Chongqing black hands secretly exploited and secretly sold international aid materials transported in through the Hump Route to the black market to make money.

He Yushu, the chief of her eldest brother’s woman, has been investigating this matter.

There are also some warlords and local armed internal personnel who sneakily kidnap or rob weapons collected from the government and sell them to the black market for money.

People secretly sell arms in Chongqing, the capital, and local warlords and armed forces are naturally even more impossible to control.

There were even some Japanese merchants and puppet troops who had their own status advantage and secretly bought some arms seized by the Kuomintang to the black market.

Every country has profit-oriented people, even Japan is no exception.

Based on Feng Yuntian's analysis of the current situation and his advance prediction of future history, it can basically be determined that arms can only be purchased from the black market.

Although black things are a little more expensive, they are better because you can get what you want.

As for how to buy from the black market then...

Feng Yuntian personally does not know much about the black market, and he has no time for busy official business, so it is obviously impossible to buy it yourself.

Moreover, if you have ready-made acquaintances, Feng Yuntian doesn’t need to do it himself.
To be continued...