NCCnovel Chapter 432 The Japanese Cried
Chapter 432 The Japanese Cried
Wang Meng pointed at the brand new border area ticket and rubbed it in his hands.
"Old Li, this kind of paper has been specially processed. If you rub it gently and soak it in water, it will be just like the earthen paper made in our border areas. It is almost indistinguishable from the real thing!"
Li Yunlong scratched his head worriedly. He now realized the seriousness of the problem.
If this kind of counterfeit border area ticket can be circulated normally in Pingshun, then the Japanese can just print money for whatever they want and then take the stuff back home.
This is a very profitable business.
"Why don't these wicked little devils go to Chongqing and come here to cause trouble to us? Did we provoke them?"
In fact, the Japanese devils did not want to cause trouble in Chongqing, but they were forced to do so and had to turn around and cause trouble for the border government.
As for the reason, that’s a long story.
The Japanese launched a full-scale war of aggression against China in an attempt to quickly destroy China.
But they didn't expect that the Chinese people would be so unyielding and fight them so successfully.
Therefore, they could only exert military pressure on the one hand and launch an "economic war" on the other hand in an attempt to disrupt China's economic order.
As the nominal official government, the Chongqing government was naturally regarded as the main target by the Japanese.
However, it is not easy to counterfeit banknotes because the currency in Chongqing is commissioned by a first-class Western printing company.
The Japanese technology had not yet reached the standards of Western countries at that time, but the Japanese did not believe it.
The Toho Research Institute, which specializes in researching counterfeit money and biological weapons, conducted many experiments under the leadership of their director Kenzo Yamamoto and finally produced the first batch of products.
In 1939, the confident Yamamoto Kenzo brought some small-denomination banknotes to China and tried to exchange them. As a result, he was recognized immediately. If it weren't for his identity as a Japanese soldier, he would have been beaten to death.
After returning to Japan, Yamamoto Kenzo was a stubborn person and kept holding on to this problem, but God did not give him face. After two or three years of research, he still could not master the Western coin-making technology.
Later, Germany intercepted a batch of semi-finished French currency on a merchant ship of Country M, and finally processed it slightly and put it into the Chinese market.
However, because the number was too small, it did not affect China's economic foundation and the effect was not significant.
Just when Yamamoto Kenzo was about to give up literature and take up military action, taking his Type 38 rifle to the battlefield to realize his life value, a huge turning point occurred.
In 1942, when the Japanese invaders occupied Hong Kong, they discovered a secret factory that printed legal tender and confiscated a batch of printing equipment.
Kenzo Yamamoto took off the military uniform he had just put on, and after a year of research, he finally mastered the technology completely.
He nervously took a bag of trial-made legal tender and bought a large amount of supplies in Shanghai. He was so happy that with the fake currency that was indistinguishable from the real thing, they could do whatever they wanted in China.
"Yoshi! Relying on the soldiers of the empire to rob is still too slow! With these fake coins that are indistinguishable from the real thing, we can buy supplies in China at will, including food, cotton, coal, cloth, everything you need!"
A year later, thanks to the efforts of the Denghu Research Institute, mass production of legal currency was finally achieved.
Kenzo Yamamoto confidently used warships to transport hundreds of millions of French francs to Shanghai.
But when he distributed the French currency and waited with his legs crossed for large quantities of supplies to be loaded onto the ship, one piece of bad news after another came.
It’s not that their legal tender is not real enough, but that their legal tender is no longer valuable!
Because when Yamamoto Kenzo was printing the legal currency, Chongqing was also printing the legal currency continuously.
Education costs money, print it!
The army needs money, print it!
It costs money to buy goods, print!
The very clever Song Ziwen also ordered to "print money for production" at that time. As a result, the money did not go to the enterprises, but was intercepted by the shell companies of the four major families, and then used to exchange gold and US dollars on the market.
In 1938, 100 yuan of legal tender could only buy one cow.
In 1939, 100 yuan of legal tender could only buy one pig.
In 1941, 100 yuan of legal tender could only buy one bag of flour.
In 1943, 100 yuan of legal tender could only buy one chicken.
From 1937 to 1943, Chongqing printed more than billion yuan, expanding hundreds of times.
Yamamoto Kenzo was dumbfounded at the time. The value of a batch of counterfeit banknotes he printed was greatly reduced, and hundreds of millions of French francs could not buy a few chickens and ducks.
"Baga, the Chongqing government treats finance as a joke. If that's the case, don't blame us for being rude!"
Denghu Research Institute decided to increase the printing volume in an attempt to win by quantity. After all, the manufactured machines cannot be left unused!
Guess what happened? Chongqing was also printing money like crazy. Later, the Japanese found that no matter how much they printed, they could not keep up with the speed of depreciation. Even the value of the legal tender was not enough to cover the cost of printing. 100 legal tenders could not buy the paper used to print these 100 legal tenders.
The little devil shed tears of pain and said:
"Too cruel! Jiang is a very intimidating person!"
From then on, Yamamoto Kenzo never printed Chinese currency again. That year, the Japanese army printed 40 billion French francs, while Chongqing printed 5000 billion French francs.
In this currency war, the Japanese were no match for Chongqing and were caught off guard by the "kill 800 enemies and lose 10,000 of their own" tactic.
Just like when fighting the Japanese at Huayuankou, the "Huayuankou God of War" issued an order that caused the deaths of 890,000 Chinese people, displaced millions of people, and killed three enemies.
The Japanese in the Denghu Research Institute said painfully:
"I would rather fight the Americans on the battlefield than print Chinese currency again."
Chiang Kai-shek looked at himself proudly after his victory over the Japanese, and then he suddenly had an idea: since he could defeat the Japanese, he could also destroy the base!
As a result, they frantically exported legal tender to the base area to purchase food, timber and everything else.
The base that originally allowed the circulation of legal currency suddenly found money everywhere on the streets and quickly reported it.
The Shaanxi-Gansu-Ningxia Border Region Government responded immediately by suspending the circulation of legal tender and determining that Border Region notes were the only legal currency. This prevented a large-scale shrinkage in the property of the people in the base area.
Chongqing suddenly lost its opponent and turned its attention to the Japanese.
He asked Director Dai to instigate Zhou Fohai, the governor of the Central Bank of the Wang Puppet Regime, to obtain the printing plates and paper of the puppet government's banknotes, and print a large number of counterfeit banknotes and put them into the areas controlled by the Japanese.
This action later caused the wealth of most families in the Japanese-occupied areas to become worthless and they went bankrupt.
The Japanese were so angry that their teeth were itching, and they swore that they would not be human if they didn't avenge themselves!
But they had no way to deal with Chongqing, so they could only target the border area tickets, whose purchasing power had always been strong.
"Mengzi, do we have any way to identify it now?"
Wang Meng shook his head.
"If I hadn't got a brand new border ticket that wasn't soaked, I really wouldn't have noticed it!"