War of Resistance: Wipe out a Japanese infantry battalion at the start.

Hearing Xu Jielei's words, Chu Feng nodded slightly and said, "Well, you can handle this yourself!"

"But is 15 billion yuan enough?"

"Factory workers, we can ask the accounting departments of each factory to exchange the currency, and next month's wages will be paid in the new currency."

"But can a bank branch alone in the market serve so many people?"

"Also, isn't the county area too small to be affected?"

Hearing Chu Feng's words, Xu Jielei did not hesitate. He had discussed it before coming and said, "Commander, according to our calculations, the first batch of 15 billion yuan can support about seven days to half a month."

“We chose 1.5 billion because we wanted to put the currency into the market as soon as possible.”

"I've already asked the banknote printing factory. 1.5 billion Saibei currency, if it's a single 100-yuan note, it'll take about 10 days."

"But for our first issuance of 15 billion yuan, we printed 100 million yuan each of the 2 yuan and 50 yuan Saibei currency, 5 million yuan each of the 20 yuan and 10 yuan, 2 million yuan each of the 5 yuan, 1 yuan, and 1 cents, and 1 million yuan each of the 1.5 cents and 1 cent."

“So, if we want to print all of them, it will take at least 20 days.”

"We'll start by printing 15 billion and putting it into circulation. This will buy us a week to two weeks of time, and we can definitely print 700 to 800 million yuan."

"Putting money into the market in batches and multiple times also gives us time to prepare."

“The recovered old coins and gold and silver also need to be stored and sorted.”

At this point, Xu Jielei paused and continued, "Because of the abundant supplies in our city and the implementation of the rationing system, despite the rapid rise in prices across the country, we have been able to maintain prices at the level before the outbreak of the full-scale war of resistance."

"So large-denomination coins are more for large-scale transactions and for those foreigners who trade with us."

"Notes below 20 yuan, including 20 yuan, are the notes commonly used by ordinary people in our special city. Even if they are kept at home, 50 yuan is the lowest."

Hearing Xu Jielei's words, Chu Feng nodded slightly and said, "Since you have a way to deal with it, just do it according to your plan!"

Xu Jielei smiled when he heard this. He handed the prepared materials to Chu Feng and said, "Commander, this is the exchange rate we have set for our Saibei currency and other currencies."

"Because our Saibei currency is a local currency, its core purpose is to serve the economy of our special city. Foreign transactions are still mainly conducted in currencies such as gold, silver, US dollars, rubles, francs, German marks, and British pounds."

"We are withdrawing from the exchange rate with other countries only to reflect the value of our currency. We will not open the free circulation of Saibei currency and large-value exchange business for the time being."

Chu Feng couldn't help but reveal a curious expression when he heard this, and reached out to take it and let go.

"what?"

He only took a look at the first one and couldn't help but be stunned: "The exchange rate with the US dollar is 2:1?"

"The exchange rate with the British pound is 4:1, and the exchange rate with the German mark is 1:1.25."

Seeing this, Chu Feng looked up at Xu Jielei and asked, "Director Xu, there's something about our exchange rate. Will other countries recognize it?"

"Hehehe!"

Hearing Chu Feng's question, Xu Jielei smiled and said, "Master, we don't need their approval. We can just make a unilateral announcement. We trade with them without using our own currency."

"As for whether it will be recognized in the future? This does not depend on our bureau's regulations, but on the number of troops under your command, and the extent of your influence."

After hearing what Xu Jielei said, Chu Feng understood. He couldn't help but smile and shook his head. He took a few quick glances and then closed the notebook. He said, "Then it's settled!"

The people around him also understood what Xu Jielei said and started laughing too.

Xu Jielei's voice rang out again, and he asked Chu Feng, "Commander, our Finance and Taxation Bureau will start spreading the word. Once the first 15 billion yuan comes in from the banknote printing factory in a few days, we will issue the money directly to the public."

"no problem!"

Chu Feng nodded without hesitation, pointed at Li Mingqiang, and said, "Director Xu, you can just talk to Director Li."

Next, everyone discussed some other things, and the meeting lasted more than two hours.

After the meeting, Chu Feng stopped Xu Jielei and said, "Director Xu, have someone compile a statistical report on the lowest and highest incomes in our special city, as well as commodity prices, family living costs, and childcare costs. I'd like to take a look."

Upon hearing this, Director Xu Jielei said without hesitation, "No problem, Commander. We have the relevant data. I'll have someone sort it out and send it to you."

"But this data is a bit complicated and will take about a week to sort out."

Chu Feng was not in a hurry to get it. He just wanted to understand some of the grassroots conditions in the city. He waved his hand and said, "It's okay. Let everyone pay attention. The data should be accurate. Send it to me within half a month."

The next day, the Finance and Taxation Bureau sent some materials, and Li Mingqiang asked the people in the Propaganda Department to cooperate.

Rumors about the Saibei currency spread, first through loudspeakers in factories, towns, and villages in the special city.

Let the people of the special city know that their own currency will be issued soon. If they want to buy things in the future, they can only use their own currency and exchange it at designated locations in various towns and villages after a week.

The special city has become the focus of attention from all over the country. Any disturbance will be reported back immediately, not to mention the Saibei currency that is about to be issued.

Temporary capital!

The adjutant hurried in with a telegram and said, "Sir, news has come from Yuan County that Chu Feng is about to issue a local currency, the Saibei Anti-Japanese Currency, or Saibei Currency for short." As he spoke, the adjutant handed the telegram to the National Government.

"Um?!!!"

Guo Fu, who was sitting there drinking boiled water and thinking silently, suddenly raised his head. A hint of displeasure appeared on his face, but he finally suppressed it. He took the telegram, took a look at it, and then silently put it aside.

"Finally, I took this step!"

The national government knew very well that when Chu Feng did not accept the legal tender, it meant that he would definitely print his own currency in the future.

He was unhappy about this, but Chu Feng was not his direct descendant.

Secondly, he also knows that the legal tender he issued is now depreciating wildly. He may have just bought 10 eggs for 20 legal tenders, but after a day, 20 legal tenders can only buy seven eggs.

Faced with the wildly depreciating currency, ordinary people have no choice but to take advantage of it.

But people like Chu Feng are not willing to suffer such a loss.