These two million US dollars are earmarked exclusively for use to subsidize the military commanders in Jiangsu, Zhejiang and Shanghai. If there is any need for funds, they will be released immediately upon verification."

"Understood."

Wu Jingyi collected three deposits.

It is said that Shanghai District has always been extremely wealthy. In the eyes of others, Shanghai is a financial center and a large district, so it is naturally rich.

Plus Dai Li's preference for Meng Shaoyuan?

Can this Shanghai district not be a rich man?

But who could know that the funds allocated by the headquarters to the Shanghai District every year are fixed and will not be specially increased because of Meng Shaoyuan's presence.

Since last year, legal currency has begun to depreciate rapidly and inflation has become serious.

Previously, the fiat currency and the pound were pegged to a stable currency value.

In the economy, there is a currency index that can briefly measure inflation. For example, if the currency index was 1 in 1937, the currency index in 1939 was 3.04.

It seemed that prices had tripled, but it was during the war, and the price increase was reasonable. But later, everything changed.

In 1940, the National Government issued more currency to make up for the fiscal shortfall.

There is another more important reason.

In order to destroy China's rear economy, Japan forcibly exchanged Japanese-issued currency for legal tender in the Japanese-occupied areas, and used smuggled materials to obtain legal tender and sent it to Shanghai to exchange for foreign exchange from the National Government.

The National Government received loans of more than 10 million pounds and 50 million US dollars from the United Kingdom and the United States respectively, but they were still insufficient to support the legal currency exchange rate.

Beginning in 1940, unlimited foreign exchange trading was abolished, and the value of legal tender began to decline.

The speed was far beyond the imagination of the National Government.

The county government of a guerrilla zone has a monthly budget of 10,000 yuan and has begun to make ends meet.

However, wages have not increased everywhere.

Shanghai area is different.

It will increase salary according to changes in the legal currency exchange rate.

All of this depends on one person:

Meng Shaoyuan!

On the battlefield, bullets are indispensable.

And on the zero front, waving a checkbook is also very powerful.

Meng Shaoyuan's men were willing to sacrifice their lives for him, which also played a big role.

Moreover, this guy is very good at making money. You don't know that he can make a lot of money just by wandering around.

At the same time, his smuggling empire was at full capacity, continuously transfusing blood to Shanghai.

Now that he is in charge of Jiangsu, Zhejiang and Shanghai at the same time, the pressure on him has naturally increased exponentially.
Chapter completed!