Chapter 34 guide

After fighting the local tyrants and dividing the fields, what will happen in the days to come? Fighting against "encirclement and suppression" costs money. How can the Red Army fight against it without money? Without gold and silver, how can the currency of the Soviet area work? Chai, rice, oil, salt, soy sauce, vinegar tea, can the red currency be the master? In addition to military and political factors, finance also played a key role in the survival and development of the red base areas.Whether it is the war against "encirclement and suppression", the operation of the regime in the Central Soviet Area, or the life and production of the local people, as well as the development of market trade, currency is inseparable.

The government of the Soviet area realized the importance of currency and banks very early on, and in 1932 created the world's smallest central bank, the Chinese Soviet State Bank.At the beginning of its establishment, there were only 5 employees, and there were no more than 14 employees at most.These people do not have a high degree of education, nor do they have much banking experience, and they have no eyes for the operation of the central bank.Worse, it lacked even start-up capital.In addition, to issue currency, there is no special paper, no design drawings, no ink, no anti-counterfeiting, everything has to be solved by yourself.They don't know treasury bookkeeping, bank accounting, bill discounting, or public bond issuance. They have grown steadily from a zero starting point in practice.

To unify finances, develop trade, and activate the market, they have matured rapidly in three years.The red central bank has made great contributions to the victory of the anti-"encirclement and suppression" war, the consolidation of the regime in the Soviet area, the improvement of people's lives, and the prosperity of market trade!