Father, I am back to fight!
Chapter 501
Chapter 501
"Your Highness! The current price of grain in the market is thirty wen per jin. If it were doubled, it would be sixty wen. This is the price of grain only reached during wartime!"
Xue Rongrong said in a deep voice.
She didn't say it too clearly. Qin Yu's behavior was tantamount to maliciously raising the price of grain. If the matter got out of hand, Qin Yu would surely arouse the anger of the people.
"I know what you mean. Although this prince is suspected of maliciously raising grain prices, in the end, all the blame will be placed on those merchants!"
Qin Yu said in a deep voice.
"Hmm? How confident are you? If not, I can go and discuss with the officials of each city and have them purchase the food!"
Xue Rongrong said in a deep voice.
"I'm 100 percent sure!"
Qin Yu said.
Xue Rongrong nodded. Since Qin Yu insisted, she would do as Qin Yu said!
At this time, officials and merchants from various cities gathered together to discuss matters.
"Haha! Your Highness the Crown Prince is still too naive after all!"
"Lu Tianhu of Nanli City is a complete idiot. He could have won without bloodshed, but he chose to engage in violence against His Royal Highness the Crown Prince. He is simply stupid to the extreme!"
"That's right! Let's just do nothing and not sell grain to the prince. Then we'll see how he begs us next!"
"Haha! With the prince's arrogance, he will definitely not come to us in person. However, if he can send his confidants to talk to us, we will have the initiative!"
"Don't worry! I will do my best to secure benefits for you, and even ask Qin Yu to reduce your taxes. We will earn more than before!"
Officials and merchants reached an agreement, believing it to be flawless, and began to celebrate.
However, the next day, news came out that Qin Yu was buying grain at double the price, and the merchants could no longer sit still!
They bought the grain at 15 wen per jin and sold it for 30 wen per jin, making double the profit!
However, Qin Yu directly bought it for sixty cents, which is a high price only seen during wartime. If they sell it at this time, they will definitely make a fortune!
"What should we do? Should we sell it? It's sixty cents a pound!"
The merchants discussed privately.
However, they had an agreement in advance, and in the end no one took the initiative to break the agreement. On the first day, Qin Yu only received a few hundred kilograms of grain from the people.
Immediately afterwards, Qin Yu raised the price to ninety coins per catty. This time, the merchants were ready to move!
Another day passed, and Qin Yu raised the price to 120 wen per catty. The merchants could no longer bear it, but when they thought about the fact that the price had risen to 120 wen per catty in just a few days, they realized that it was a huge loss.
After discussion, they decided not to sell it and wait until Qin Yu found a price of more than 200 Wen before selling it and making a huge profit!
However, just when they were feeling proud, grain merchants from the provincial capitals surrounding the southern border took action. They quickly mobilized large quantities of grain to Nanli City.
In just one day, Nanli City gathered no less than 10 million kilograms of grain, which Qin Yu took in all. With this grain, it was enough for him to use!
Without the food crisis, Qin Yu lowered the price to 90 wen per catty. For grain merchants from other places, this was still a huge profit, and tens of millions of catties of grain entered Nanli City!
Moreover, in the next few days, the grain piled up more and more, and the grain accumulated in Nanli City exceeded 50 million kilograms. Even Qin Yu was shocked that Daliang had so much grain.
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