Yueshi Frontline.

"The Indians sent a large amount of food, but their fortresses were strengthened a lot, and the number of troops was also a lot. Our cavalry could not pass through these fortresses. Their resistance seemed to be strengthened a lot. The threat of artillery to them was also much reduced. These are very unfavorable to us." Qin Guan said to Bai Bao.

"Well. If this goes on, it will be very detrimental to us. If they get guns and artillery from some way, our advantage will be gone." Bai Bao said.

"What I am worried about is the situation of your troops. Whether the Yue government plans to go south again. If it goes south, the force should be supplemented." Qin Guan said.

"The government has no money. This is written in the report sent by the Yue's coalition government. I have no way to solve this problem. We have to solve the food by ourselves." Bai Bao said.

"Oh my God." Qin Guan said, shaking his head. The Yue government faces many problems. Their logistics can only be solved through extremely complicated logistics. Firearms have brought them great convenience, but they have also brought them great troubles, because firearms are serious. Depends on the supply from the rear. A highway has greatly attracted the attention of Yueshi people.

And now the Indians opposite them are strengthening their fortresses and further strengthening their fortresses into extremely stable fortresses. If they want to attack such a fortress, they must spend more material strength. In this regard, Qin Guan could only worry, but could not solve the problem.

Qin State, Xianyang.

"We can agree to the requirements of the Shabbat. After all, there is no loss to us. If a war that is extremely unfavorable to Qin erupts due to territorial disputes, the loss to us will be great." Shang Wen said.

"En. We can indeed agree to the situation of the Shabbats, but we must have an additional clause concerning the Tocharians. We have established a relatively friendly diplomatic relationship with the Tocharians. If we are discussing There was no consideration with the Tocharians when they rested. This will disappoint the Tocharians very much. Although the Tocharians’ situation does not seem to help us much, I personally think that we still need Tocharians. After all, in the strategy against the rest, he played a very restrictive role." Meng Yi said to Shangwen.

"Yeah. This point can be added." Shang Wen nodded and agreed.

"In addition, there is another aspect related to the Yue people. The Yue people seem to be very interested in building roads. Our consultants are a little worried. They are worried that our army cannot cope with the situation, especially The front line sent a telegram saying that the Indians are constantly strengthening their fortresses. I am worried that their further strengthening will cause a lot of harm." Meng Yi said worriedly.

"Don't worry about this. I don't think it poses any threat to us. You know, we have large-caliber mortars. They can solve all the fortresses in one shot. As long as the Yue people can solve the logistical problems, then nothing is wrong. The problem, on the contrary, this has greatly restricted the attention and material strength of the Indians and consumed a lot of their manpower, material and financial resources. This is of great benefit to us." Shangwen said.

"It is worth mentioning that the Indians have realized that they face the threat from the north, and this threat is very huge." Shang Wen said.

"Yeah. I hope so." Meng Yi nodded and said. The special geographical location of Indy determines that their threats mainly come from the northwest. Mountain areas in the northwest. The Aryan invasion came from this direction, and the Yue people in history also invaded from this direction. In addition, there are other ethnic groups who entered through this gap. The Maurya dynasty who came in from this import definitely understood that the Yuezhi invasion would give How much trouble they bring. This kind of trouble will cause great evil results. Their dynasty may be destroyed as a result. Therefore, at this point, the Maurya Dynasty did not pay much attention to the affairs of the Mengla people in the south, but was very afraid of the Yue people who invaded from the north. Because the destructive power caused by the Yueshi people is rather great.

Inside Wenyang Bank headquarters.

"If you sell bonds to those Dawan, Tochar, Yueshi, or Goguryeo, I think they don't have the purchasing power to buy bonds." Yingyu heard about Xiao He's plan and sold the bonds to others. country. This scheme sounds feasible, after all, the profit of bonds is also considerable. but. Selling to those countries, their country's purchasing power has become the biggest test.

"It is true, and because of this, there are still great hidden dangers in this plan, or it is immature. I am also looking for a feasible solution to solve the problem of local state government bonds. After all, if the state government does not issue bonds , It is impossible to carry out infrastructure construction. Guanzhong area is the core area of ​​Qin State, but its construction has reached a certain degree of saturation. If it needs to be constructed, it needs to greatly promote public utilities, that is, expand the foundation of the state government Facilities construction. Countries all have such plans, but their financial problems cannot be solved. South Korea and Chu are trying to solve the problem through stocks and trading companies because they are actively expanding abroad." Xiao He said.

"Expansion will bring them great war gains, which are considerable. They can do this completely, but the Qin government cannot do it. The opponent they face is a regional hegemon. Moreover, If we use military power, our cost is relatively high. The military cannot effectively bear such a large price." Xiao He said.

"Therefore, in public construction matters, the government needs to issue more bonds to solve such problems." Xiao He said.

"Yeah. However, there is no such buyer in the market to take the order. We all understand that it is feasible to buy and sell. Although the Qin government can let the other party buy bonds through the government's situation, this fundamentally cannot solve the problem. Some countries, such as Yueshi and Tocharou, do not have such an advantage to buy bonds. They still have big problems. For example, they need to build roads. If they buy bonds, their funds will be used up a lot. We These funds cannot be pooled. Unless they have a large amount of gold in their hands. These gold can bring great advantages. You must know that at the beginning, the Qin government planned to buy their bonds. But the Federal Reserve has issued a large number of banknotes. This will cause a lot of inflationary pressure. The government already has concerns in this regard." Yingyu analyzed.

"Well. This matter, I personally can't sort out the relationship between it, because it is very complicated, we can not solve these problems in time, he will cause us great trouble." Xiao He said.

"Yeah. It’s okay. You can think about it slowly and solve it. If we can solve this problem for the government, our bank will play a very big role. The Federal Reserve has a large reserve of gold. We have to think about it. How big is the impact? Qin’s banknotes are issued in a large number and are currently widely circulated. The government is facing too much pressure. The government may not understand our bank’s concerns in this regard.” Yingyu said To.

"So, Chairman, if we use metal currency, such as gold coins, will this problem be solved?" Xiao He raised such an irrelevant question at this time.

"This. I don't quite understand what you think?" Ying Yu said, shaking his head.

"If the State of Qin can use special currencies, such as gold coins, in special areas, although it looks like a lot of retrogression, it will increase the credit of the currency. At the same time, it will reduce the pressure on the Federal Reserve Board of paper money, even though there are various kinds of paper money issuance. Benefits, but under special circumstances, this benefit may not be very obvious. I think we should start from this point. Maybe there are many breakthroughs. After all, such breakthroughs are very obvious." Xiao He said.

"Yeah. What you said is very reasonable, but we still don't know the relationship between banknotes and gold coins. We need to sort out the relationship between them." Yingyu said.

Because of Shangwen’s promotion, Qin was the first country to use paper money, but this also brought a big trouble. That is, Qin’s paper currency is still unable to get rid of the gold standard system, that is to say, Qin’s currency system. There are still big loopholes. Once this loophole is attacked, it will completely paralyze Qin's paper currency system. The more banknotes issued by the State of Qin, the more dangerous it faces, because the State of Qin needs to hoard a large amount of gold, and without this gold, it will cause the collapse of the credit system of Qin State’s banknotes. At present, the Qin State’s banknote system is already facing such a big deal. The problem.

Although Qin's banknotes have expanded greatly, they have a lot of credibility especially among countries. However, the position of the metal currency is still very important. Qin State banknotes seem to be challenging this position all at once. All countries are actively constructing. Their demand for currency is very huge, and Qin State banknotes seem to have not yet met such a demand. Qin State must be cautious and cautious. The turmoil of those runs made Qin’s financial system seem to be shrinking and unable to provide a powerful boost to Qin’s financial development. Shangwen, the representative of the government’s power, did not seem to have noticed this, but Yingyu’s banking system did not. I have already noticed this. How to solve it requires cooperation between the government and the bank. The two have a great relationship. Qin's banking system also needs further reforms, and this reform is bound to promote the reform of the currency system.