Other language: Vietnamese
Generals of the Great Song Dynasty.
Chapter 571: Blood Spitting Clearance Sale [571]
Summary
Jiang Qing and his associates engaged in frantic purchasing, targeting copper coins and vessels instead of new banknotes, evading a trap and putting Wang Ning An in a precarious position. Zhang Fang Ping, feeling guilty, met Wang Ning An, who suggested extreme measures to deal with the situation. However, Zhang cautioned against rash actions due to lack of evidence. Wang Ning An planned to mobilize significant currency reserves to counter a bank run initiated by the Jiang Qing families, who were observing the situation cautiously. As the conflict escalated, the Royal Bank exchanged large amounts of copper coins, while the Jiang Qing families pressured them further by selling more banknotes. Tensions rose when copper prices plummeted due to Wang Ning An's actions, and he suffered significant financial losses. Meanwhile, Young Master Han and a mysterious man plotted against Wang Ning An, believing they could outmaneuver him this time. Wang Ning An, however, had a backup plan involving a large shipment of copper from Dali, which he believed would turn the tide. He also sought alliances with salt merchants to strengthen his position. As he began to sell copper coins aggressively, the market reacted, leading to widespread panic and uncertainty regarding the Royal Bank's stability.Full content
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