Yin Immortal 266: Chapter 269
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墨書 Inktalez
What would be the consequences if one's own country's currency is not accepted by other nations and merchants? It is unimaginable, but the severity is immense. If the currency cannot be accepted, then it cannot be used to trade for goods from those merchants. 0
 
After accepting this currency, they would be unable to exchange it in areas governed by the Great Zhou Dynasty, rendering it equivalent to worthless paper. 0
 
This situation directly led to an unprecedented boycott of the currencies from the Great Qi Dynasty, Han Dynasty, and Daiwa Dynasty. Both domestic and foreign trade suffered greatly, especially foreign trade, which fell into a state of stagnation, causing serious issues. 0
 
At this point, Lu Chen and Lian Shuang continued their meeting, sitting together to discuss countermeasures. If their currency could not circulate, then all previous efforts would have been in vain, serving no purpose at all. 0
 
The strategy employed by the Great Zhou Court was indeed ruthless; it effectively choked several countries' economies. If guessed correctly, this method was likely learned from the Earth Book. This Earth Book is truly remarkable, making even Lu Chen envious. 0
 
However, it was now impossible to obtain the Earth Book again since it had fallen into the hands of the Great Zhou Court and was kept secret. It seemed that only core figures could access it. Thus, Lu Chen's idea could only remain a thought and not be put into practice. 0
 
At this time, both Great Qi and Korea adopted a wait-and-see attitude, preparing to observe how the Daiwa Dynasty would respond. From previous experiences, they found that following the Daiwa Dynasty's lead often provided a way to resolve crises. However, this situation was somewhat different; they dared not act rashly and could only watch for now, waiting for results before taking action. 0
 
In ancient times, humans often struggled against nature and faced water shortages, making survival conditions extremely difficult. Experienced ancient humans would follow animals like monkeys or gorillas to find water, often returning with bountiful results after discovering ideal water sources. 0
 
Now, Great Qi and Korea were imitating ancient humans by following in the footsteps of the Daiwa Dynasty in hopes of finding a way to deal with the Great Zhou Court. The Daiwa Dynasty was legendary; it seemed that no matter how difficult the conditions or harsh the environment were, they could always find solutions at critical moments without ever making mistakes—something they had to acknowledge. 0
 
Regarding Great Qi and Korea's attitude, Lu Chen merely smiled it off; he seemed accustomed to it. These two countries had emerged from vassal states proclaiming themselves emperors and often mimicked the actions of the Daiwa Dynasty. Lu Chen did not take this to heart. 0
 
After discussions with Lian Shuang, they made a significant decision: to publicly boycott the currency of the Great Zhou Court. 0
 
Indeed, this was another shocking decision—publicly boycotting the currency of the Great Zhou Court meant completely cutting off its currency circulation and allowing only their own currency to circulate in the market. Once this news broke, everyone was stunned and puzzled about what Lu Chen and Sun Zizhao were planning. They wondered why they would choose such a self-destructive path when things were already dire. 0
 
As for external shock and opinions, both Lu Chen and Sun Zizhao paid little attention; they simply smiled it off. Let people think what they want; they would continue doing their own thing without wasting energy on others' views. 0
 
Once this decree was issued, all businesses, banks, markets across the Eastern Seven States began implementing it—completely abandoning the currency of the Great Zhou Court and shutting it out entirely without leaving any room for negotiation. 0
 
 
In order to make things more thorough, Lu Chen and Sun Zizhao ordered various exchange points to increase their exchange volumes. Since their new currency had basically stabilized and gained a certain purchasing power, they allowed the exchange points to directly exchange their currency with the common people in exchange for the Great Zhou Court coins and real gold and silver, which could also be exchanged. 0
 
This was a special policy that permitted trading even when the amounts on both sides were different. It meant using Daiwa Dynasty's money while subsidizing part of it to exchange for the smaller amounts held by the common people. After the exchange, they would directly process it by burning or destroying it. 0
 
In response, the Great Zhou Court issued a ban on other new currencies from the Three Kingdoms, completely suppressing them. If any were encountered, they would be confiscated and immediately burned, leaving no trace behind and providing no escape route for them. 0
 
Moreover, at this time, the Great Zhou Court surprisingly opened up its own currency for circulation throughout various regions of Central Plains, including the Daiwa Dynasty. Because now the Daiwa Dynasty was exchanging its own currency while subsidizing part of it to obtain a larger amount from the common people, if this continued for a long time, they would certainly incur losses, losing everything. The Great Zhou Court's calculations were quite astute. 0
 
Indeed, as this situation persisted, Lu Chen and Sun Zizhao realized that their side was running low on funds. 0
 
Even a large conglomerate like the Sun Family was beginning to feel the pinch. The upper management frequently held meetings and some were already very angry, expressing dissatisfaction with this exchange method. In response, Lu Chen and Sun Zizhao merely smiled without saying a word. 0
 
Members of the Sun Family demanded that this exchange method be stopped immediately and that the printing of silver notes should also cease. They could not print any more because if they did, they would run out of money themselves; even the Sun Family's silver had reached a limited amount. 0
 
Printing silver notes required an equivalent amount of gold reserves, which meant using real gold and silver for printing. Once the printed silver notes lacked real gold and silver reserves, they would become worthless bad debts with serious consequences. 0
 
In light of the Sun Family's outcry and external concerns, Lu Chen devised a countermeasure: instead of stopping exchanges, he opened them up completely. People could exchange as much as they wanted without any issues or shortages. 0
 
Every single transaction involved truckloads of real gold and silver brought into banks, opening boxes and windows to let the common people see. 0
 
This demonstrated that the Daiwa Dynasty was wealthy enough to fully support sufficient silver note printing. The sight of truckloads of real gold and silver shining with a brilliant luster proved that it was indeed genuine and could not be faked. As a result, the common people felt reassured. 0
 
Because the Great Zhou Dynasty had so much Silver and Gold reserves, it indicated that they were financially stable. No matter how exchanges occurred, there would be no problems. This seemed to provide them with peace of mind, alleviating fears about the Daiwa Dynasty's currency becoming invalid. 0
 
In reality, those truckloads of real gold and silver were a scheme devised by Lu Chen. The top layer of boxes indeed contained shockingly bright silver, but beneath that layer were stones. This was a desperate measure because the Sun Family truly had no money left; thus Lu Chen came up with this trick to deceive everyone. However, this was also an extremely dangerous strategy. 0
 
If any problems arose or if results were not visible, then the Daiwa Dynasty's economy would genuinely head towards collapse and destruction. At that point, they would have no choice but to succumb to the whims of the Great Zhou Court without needing an attack; chaos would ensue on its own. 0
 
 
Because the currency of the Great Zhou Court is a universally accepted currency, it serves as the economic lifeline of the entire realm, much like blood within the flesh of humanity. It can be exchanged in various countries around the world. Given its deep-rooted foundation, its status is not easily shaken, and the difficulty of this aspect is evident. 0
 
Fortunately, this time, Lu Chen received divine favor again; he won once more. He exchanged currency in hotels and conducted unlimited exchanges, causing the plans of the Great Zhou Court to fall through. Moreover, the Great Zhou Dynasty reopened its currency, and now both the currency of the Great Zhou Dynasty and that of the Daiwa Dynasty are circulating globally. This demonstrates true power. 0
 
The outcome for the Daiwa Dynasty once again shocked people worldwide, as they never expected such a result. 0
 
Ultimately, the Great Zhou Court fell into the trap set by the Daiwa Dynasty and Lu Chen, reopening its currency while simultaneously facilitating the circulation of Daiwa Dynasty's currency in the market. Now, reclaiming them has become impossible. 0
 
Seeing the results achieved by Lu Chen and the Daiwa Dynasty, both Great Qi and Korea began to implement similar strategies. They too achieved victory as their currencies started circulating in the market. The cause of this outcome was precisely due to the circulation driven by the Great Zhou Court's own currency, which facilitated their currencies' circulation. Following Lu Chen's lead proved to be correct. 0
 
Lu Chen's approach was akin to casting a brick to attract jade; it was a strategic move that garnered him great acclaim. 0
 
As a result of this event, Lu Chen earned the title of Father of Banknotes, and his name resonated loudly across the globe. 0
 
Previously, his name was known primarily within cultivation circles or political spheres. However, after this incident, even merchants worldwide—especially those engaged in economic research—held Lu Chen in high regard due to his formidable grasp of economics and his extraordinary ideas that surpassed those of ordinary individuals. 0
 
Although it was not Lu Chen himself who executed all these actions, he indeed led a team of talented individuals under his guidance to achieve remarkable results. 0
 
 
 
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