Chapter 143 The Administrative Council’s Methods
Teacher Yan, we don’t know how many gold yuan coupons the Executive Yuan issued this year!

But in Songhu,
Some intellectuals wrote a poem called "Yu Meiren Sends Gold Yuan Coupons" to satirize the Gold Yuan Coupon reform.

I remember it said this,

[The gold yuan has depreciated, and prices have risen! Ordinary people are worried about the inflation day and night, and the currency system is under reform.

The gold yuan standard should still be there, only the price has changed. How much sorrow can you have? It is like a bunch of arrows piercing your heart. 】

As soon as Chen Zhijie finished speaking, Jiang Sheng beside him interrupted him with a smile.

"You put it too elegantly. We ordinary people can't understand it.

All I know is that any kid on the streets of Songhu would sing the ballad: "When you cross the street three times, the prices jump three times; your salary is like a ball of snow, it will melt away if you squeeze it for a while."

Teacher Yan, you see, the gold yuan notes are depreciating as fast as melting snow.

What did the gold yuan notes in the south look like at that time?"

Yan Bugui didn't care much whether the gold yuan coupons were worth anything or not. After all, everyone had experienced currency depreciation when they were in Beijing.
Compared to the gold yuan coupons, he was now very interested in Chen Zhijie's ability to accurately recite a poem.
Give a thumbs up and give a big compliment.
"Sure, Lao Chen, you are a cultured person! Can I ask what you did in the past?"

When Chen Zhijie heard Yan Bugui say that he was a cultured person, he did not dare to agree and shook his head like a rattle.
"Teacher Yan, you think too highly of me.

I am not a cultured person, I just like to go to teahouses and listen to other people's nonsense when I have nothing to do.
In addition, the gold yuan coupons were indeed too valuable.

After listening to others talk about it many times, I gradually remembered it.

From time to time, I show it off in front of others, pretending to be a cultured person.

I dare not procrastinate in front of you, a true teacher.

If you ask me a few more questions, I will definitely let the cat out of the bag and make the neighbors laugh at me."

Seeing Chen Zhijie said that he was not a cultured person, Yan Bugui no longer looked at him differently.

Jiang Sheng, who was standing next to him, heard Chen Zhijie say that he could go to the teahouse when he ran to the south, and he immediately said,
"Wow! It seems that Lao Chen was quite rich in the past.

Life is very carefree,
Unlike us, who are busy all day long just to make a living and don’t even know what we are doing.”

Hearing him describe himself so miserably, like a hard laborer, He Yuzhu smiled and asked,

"Uncle Jiang, you are already like this, so why are you running to the south?
It's the same everywhere!"

Hearing He Yuzhu's question, Jiang Sheng felt a little uncomfortable and shook his head slightly ashamed.

"When you see others running, run too.

It just so happened that I used to live outside Yongding Gate.

I followed the neighbors through the blockade to Tianjin without knowing what was going on, and then boarded a ship to Songhu.

Seeing that he had no opinion, He Yuzhu shook his head speechlessly.
But thinking that people tend to follow the crowd and that there were more than one or two people being dragged out, I didn’t say much.

Chen Zhijie, on the other hand, after listening to Jiang Sheng's words, compared his past and present life, and said with some sadness and annoyance,
"It's good that you were wrapped up and went out.
And me!

I had heard that the People's Liberation Army would take over everything after it arrived, so I bought a plane ticket and ran away.
But I didn't expect that the People's Liberation Army didn't do anything to me.
Instead, the bald man cut me cleanly, leaving nothing behind.

Teacher Yan, you don’t know that when I was in the south, there was a grain store opposite the house I rented. The price increased 16 times in one day, and the price more than doubled.

This is not people eating food, it's simply the food flying up to eat people."

Hearing Chen Zhijie talking about food prices, another new neighbor, Li Tingwu, who ran farther away, also added with a sad smile,
“Speaking of food,
I wonder if you have ever counted rice before, Mr. Yan.

In June, when we were in eastern Guangdong, we saw people buying rice by the grain. One grain of rice cost 6 yuan, and one stone of rice cost 130 million gold yuan coupons.

But in August last year, rice in Beijing was only 8 yuan, and flour was only 20 yuan.

Just imagine how many times it has increased in just one year!"

After laughing, Li Tingwu slapped himself hard. After a crisp sound of "slap", he sighed.

"Oh, I regret it!

Although the RMB appreciated rapidly after the liberation of Peking, the State Council responded even faster.
Through the introduction of discounted savings by banks,
The amount of goods that can be purchased with the deposited money is the same as the amount of goods that can be purchased with the withdrawn money.
This immediately offset the impact of inflation.

The Beijing Administrative Council under the leadership of Mr. Huai'an is much more benevolent than the Nanjing Administrative Council. We have never seen such a practice of paying out of one's own pocket to subsidize the people.

If I had not fled from Peking, and stayed in the city like you did,
I don’t know how comfortable life is right now.”

When Li Tingwu talked about the differences between the Jinling Executive Yuan and the Beiping Government Affairs Yuan, Yan Bugui immediately started talking about it with a proud look on his face.
"How can our Government Affairs Council be the same as that shabby and neglected Executive Council in Nanjing?
When I was young, I watched Baldy rise to the top step by step.

Understand what's going on.

To put it bluntly, the Jinling Executive Yuan cannot afford to leave his small piece of land.
Take Beijing for example.

When the gold yuan was reformed, the Executive Yuan repeatedly banned the circulation of gold and silver.
But what did the officials in the Beijing Headquarters do? Not only did they openly engage in the black market for gold and silver, they even printed gold yuan notes themselves. Don’t you think this is outrageous?”

"Is this true? The chief's office prints its own gold yuan notes."

Seeing Chen Zhijie suddenly interrupting him, Yan Bugui didn't care and continued,

"whispering sound!

You were not in Beijing when it was liberated, so you naturally didn't know.
The military control committee had seized the machines from the bank, and when the soldiers carried them out, many people who knew the value of the goods saw them, so they couldn't be fake. "

I heard from Yan Bugui that many people saw it, so I think it must be true.

Chen Zhijie and the others all took a deep breath.

Seeing their shocked expressions, Yan Bugui felt relieved, and then continued to speak with pride,

"For more than 10 years, Baldy has issued legal tender and gold yuan notes, and the mess he left behind is huge!
Even the newly issued RMB was brought down.

But look at how our State Council handles it.
When the "Prohibition of the Circulation and Trading of Silver Dollars in Beiping" was promulgated at the end of February,
They said they would ban the circulation of foreign currency and crack down on the black market for gold and silver.
Then ban it immediately, crack down on it immediately.
The cadres below also followed orders and no one dared to disobey. All the silver dollar dealers were caught in just a few days.

Seeing that the RMB is depreciating greatly,
In April, the bank launched discounted units and discounted savings.
Not only did they pay wages according to the actual unit, they also subsidized the people out of their own pockets, so that the vast majority of the people had food to eat and the order in the city was stabilized.

Can that shabby Executive Yuan in Jinling compare to this?"

(End of this chapter)