Chapter 41 Commemorative coins for children's play
"This is simply child's play, and I have to object to your opinion," Schacht, who was then Germany's currency director and president of the central bank, criticized his son Salibin unceremoniously.
Zhang Chengtian, who was standing next to Salibin, awkwardly patted Salibin on the shoulder and comforted the colleague he had found.
As the general manager of Rheinland Corporation, Salibin, who had just been sitting in the huge hexagonal general manager's office at Rheinland Corporation headquarters and reviewing the planning documents of various departments, was hurriedly pulled out by Zhang Chengtian, the third-party chairman.
, claiming to want to meet a big shot.
On the way, Salibin understood that the big shot he wanted to meet was actually his father, Schacht.
And Zhang Chengtian has to be responsible for the proposal himself, since he just wants to issue a set of commemorative coins for the Ruhr Battle.
If it were just to simply issue a set of commemorative coins, Salibin would only have to say hello to his father. But Zhang Chengtian’s requirements are a little different. The difficulty with this requirement is that the commemorative coins issued must have transaction functions.
Schachter, who understands economics, would naturally not agree with such a request that was almost childish. Although he did not point his finger at Chang Chengtian's nose and ridicule him, he already criticized Chang Chengtian in his scolding at his son.
The soldier's dissatisfaction with the random interference in the economy was very obvious.
Looking at Salibin who was scolded on his behalf, Zhang Chengtian gave a bitter smile. It seems that this economic master who was originally disliked because of his bad temper in history is not an easy target to talk to.
Fortunately, Zhang Chengtian has a good temper and is patient, so he continued to talk without any care: "President Schacht, I deeply agree with your words. To be honest, you are the economic guru I admire most."
Schacht is also a human being, and his stiff face looks much better after hearing compliments from others.
Seeing that the situation was good, Zhang Chengtian quickly got to the point: "Actually, the significance of the Ruhr War is very important. For the German people, it is a shot in the arm in the midst of suffering. Now the democratic people in the streets and alleys are talking about this
Victory, the people hailed the victory of this local battle as a 'great victory' without hesitation. I think the people will definitely support the issuance of this special commemorative coin at this time. And..."
"Support?! What's the use of public support? Can democratic support stabilize the country's economy?" Schacht loudly interrupted Zhang Chengtian's speech and asked.
"I mean, in this case..." Zhang Chengtian tried to explain.
Without giving Zhang Chengtian a chance to argue, Schacht waved his hand to interrupt Zhang Chengtian and continued: "I have never heard of that country issuing commemorative coins with trading functions. A layman like you has no idea about issuing commemorative coins with such a function.
currency, what kind of chaos it will cause to the German economy, and how dangerous it will make the already fragile mark currency."
"No, I want to say the French side..." Zhang Chengtian quickly interrupted.
Zhang Chengtian's words were once again interrupted by Schacht: "You still have the nerve to mention France. The Central Bank has received a secret file here, saying that you personally signed a treaty to pay an additional 100 million marks in compensation to France. You are being kicked by the donkey.
Can’t you clear your mind for a while? How can Germany afford such reparations!”
Seeing that the other party did not give him any face, completely ignored his kindness, and didn't even listen to his words before he scolded him. Zhang Chengtian immediately wanted to rush up and beat this old naughty man.
I thought, and finally suppressed my anger for the sake of Salibin.
"What?" Schacht faced Zhang Chengtian's angry gaze and sneered, "Did I say something wrong? Do you want me, a professional, to apologize to you, a layman?"
Zhang Chengtian was almost furious at this stubborn old man who didn't listen to what others said. However, he had received a lot of cold looks in his previous life. He quickly adjusted his mentality, shook his head and said with a smile: "I'll just apologize, I think you are an old man."
It’s time to fart.”
Salibin, who knew his father's character very well, stood aside and gasped. It's over, it's about to explode!
"Say it to me again," Schacht said through gritted teeth.
"You don't have to apologize. I think you, this old man, are just farting." Zhang Chengtian repeated obediently and loudly.
Then Zhang Chengtian added rudely, "I have to listen to it a few more times after being scolded. This is the first time in my life that I have encountered such a strange request."
There were only three people present. It was obvious that Zhang Chengtian did not say these words to Salibin...
"Presumptuous" Schacht was furious, "What qualifications do you, a layman, have to say that to me!"
Zhang Chengtian also got angry: "If you, old bastard, didn't let me finish what I said, I wouldn't have cursed you!"
Hearing this, Schacht laughed angrily and said, "Okay, I want to hear what a layman like you has to say."
Zhang Chengtian no longer paid attention to Schacht's sarcasm, rolled his eyes and said: "The official words I said before were obviously meant for the public, especially the French. In fact, we issued this commemorative
The fundamental purpose of the currency is to replace the increasingly unstable mark and become a new currency."
When Schacht heard this, he realized that he might have misunderstood the young man's intention. The other party was not proposing to issue multi-functional commemorative coins to commemorate his achievements, as he initially suspected.
However, an angry Schacht was unwilling to admit defeat and asked in a low voice: "If you want to change the currency, how do you ensure that there will be no currency collapse, and how do you ensure that the new currency will not depreciate even more."
Schacht is indeed an economic master, and he got to the point right away. Zhang Chengtian secretly marveled at Schacht's reaction speed, but calmly replied: "This is what we came to discuss with you today."
Seeing Zhang Chengtian wink at him, Salibin quickly took out the proposal he had prepared before and said: "Issuing commemorative coins with monetary functions has the following advantages." It was obvious that Zhang Chengtian was trying to confuse the French.
Kung Fu. Germany will insist that this new currency is not called currency, but commemorative coins.
Then Salibin listed three major advantages of commemorative coins that replaced the mark.
First, it is not a designated currency for reparations, so there is no need to receive reparations pressure, and the stability is greatly increased.
Second, the German government can hand over all the converted marks to France to pay off the compensation. If it still can't pay off, it can just print money at full capacity.
Third, the Mark was secretly abolished. The whole country worked from bottom to top and no longer accepted any Mark transactions. It completely got rid of the devastation caused by the World War I reparations to Germany.
The sensitive Schacht quickly discovered the shining point. Once this measure is successful, apart from the international impact, the German economy will completely get rid of the heavy shackles left by the Treaty of Versailles. By then, let alone paying an extra 100 million marks to France.
, it’s okay to spend an extra billion with you, but it’s just giving the French a pile of waste paper!
After pacing back and forth for two steps, Schacht added excitedly: "This idea is very good. Regardless of the name of the commemorative coin, it can completely become a new currency. In addition, in order to prevent a currency crisis during the transition period. I think
People's wealth can be temporarily linked to land or industrial products. Then on this basis, commemorative coins can be gradually promoted and properties of equal value can be used to maintain the value of the new currency."
As he had done in history, Schacht came up with the idea of mortgaging real estate for the mark. But this time, this method brought not short-term economic stability to Germany, but a complete transition back to normal economic conditions.
After speaking, Schacht unexpectedly bowed to Zhang Chengtian and said: "I must apologize to you for my previous recklessness. I admit that you are very talented in economics. Now, I am beginning to believe the rumors."
The flattered Zhang Chengtian quickly helped up Schacht, who was about the age of his father. Facing this "economic magician" in history, Zhang Chengtian blushed and asked: "Haha, what do you believe, Mr. Minister?"
Schacht said calmly: "I have begun to believe that you may really be God's gift to Germany as advertised in the newspapers."
Zhang Chengtian's face turned redder and redder, and he looked very humble and said to Schacht: "You too, so do you."