The amount of additional banknotes issued by the state is commensurate with the level of economic development in the country. The pen %fun %Pavilion www.biquge.info really not as much as you want to print, it's really not endless, there is no limit.

The additional part of the banknote cannot simply be said to be owned by whom, but is constantly circulated in the hands of different people, so that the value of the banknote is the value. Although the state benefits from this, that is for sure.

The central bank will appropriately issue additional money according to the laws of the economy, distribute the currency to the major commercial banks, and the banks will flow into the hands of individuals or enterprises through loan business, and then this part of the currency will continue to circulate in the society.

Some people may say that the state prints money and sends it to the bank, and then the bank lends money to the individual or enterprise, and the individual or enterprise who has received the loan must repay the loan, that is, the state or the bank obtains the money in vain without labor!

Whoever thinks this is really absolutely so.

Because these banknotes are not assets but liabilities for Chen Han's central bank, the Bank of China. He printed 100 million banknotes, which made him an extra 100 million foreign debts, so the bank must have real money to print the bills.

If it is not used in physical enterprises, and this part of the amount is still very high, this part of the money can only bring inflation, which in turn will affect the development of social economy.

Banknotes are not printed as much as the government and the court want, and whoever thinks that banks can print as much money as they want, and that the printed banknotes can buy things, is a pure fool.

Although the court and the government can really do this, why don't most governments do it? This is for the creditworthiness of the banknote. The banknotes are printed too much and depreciated so much, who dares to use it, simply use gold and silver to get it, Chang Kaishen Group did this, and Zimbabwe in later generations is also a good example. Unless any government doesn't want to do it, then he can open the money printing machine and print money indiscriminately.

Chen Han now has a variable amount of new dollars flowing into the market every year, with as many as two or three hundred million dollars and as few as 100 million or tens of millions. But no matter how much, it is also a 'help' for the national finances.

Chen Ming has not been forced to the point of running out of money, otherwise the national debt would have been issued a long time ago. The country has a lot of surplus assets to sell in the South Seas, in the Outer Northeast, in Siberia, and in the Americas. Those lands, those mines, all of these can be used as 'principal'.

Just like the vassal states of North America.

Their finances have proved to be unsustainable, and they have all begun to follow the above-mentioned route, borrowing from the banks on the one hand, and borrowing all kinds of mortgages from the banks, including the issuance of public bonds.

These countries are well aware of the importance of this war, and each of them is willing to throw all its strength into the war. In the Americas, although the individual forces of these countries are very weak, they can provide Chen Han with more than 100,000 vassal soldiers as a whole. At the beginning of the war, the military strength of the feudal soldiers once occupied more than 50% of Chen Han's army.

Later, the number of Indian and black regiments, Japanese and Siamese troops increased, and the number of troops sent increased, so that the proportion of feudal soldiers dropped significantly.

Chen Ming now has a total of twelve sons, a very auspicious number. There are nine sons who have grown up, and after deducting Chen Ding, who is a master who intends to be in the big position, there are already five people who have been divided into the Americas, counting the six little brothers he divided before, which has eleven countries. But if you count Chen Gang, twelve countries is a very auspicious number, but they have already gone bankrupt at this point.

If men are recruited from within them to serve in the army, even the country's most basic food production will not be guaranteed. And it is precisely because of the general shortage of labor in the American vassal countries that the status of women in the Americas has greatly improved over the years.

First of all, there are women in factories and schools, and the medical system has followed suit, especially nurses. Female civil servants have also been introduced in a number of other statistical functions, including the court system. In this regard, the feudal kingdom was ahead of the mainland.

Chen Han's women can't be universal.

Individual phenomena existed decades ago, but in order to form an established fact in society, it needs to be 'universal'.

Chen Ming now feels that life is too short, and his life is too broken. He will soon be sixty, and no matter how good his health is, how many more years can he live? At the age of eighty or ninety, Chen Ming himself did not dare to expect to be 100 years old. He was destined not to see what he wanted to see. Because he wants to see the world in a hundred years, and reality allows him to only see thirty years from now.

So, what will Chen Han be like thirty years later?

What will America look like in 30 years?

The former can still give certain expectations, and the latter will inevitably be thriving.

Thirty years later, the Americas at that time will inevitably be very different from the Americas today, countless Chinese will be spread here in every inch of land, Chinese and Chinese will become the lingua franca of half the world, and Nanjing Mandarin will become the official voice of the motherland on the coast of the Pacific Rim. At that time, China could truly say that it had turned the Pacific Ocean into its own inland lake.

At that time, in the Americas, there were eighteen royal vassals in North America - eleven of Chen Ming's twelve sons would be divided into North America, plus Chen Gang and his six little brothers, a full eighteen. There will be hundreds of small countries of different sizes in the Caribbean and the vast South American continent, and the number of Chinese living in the Americas may be hundreds of millions, or even more.

But this is far from the pinnacle of the Americas, which in later generations had a population of nearly one billion. Chen Ming feels that it will take at least a hundred years for North and South America to multiply from white to yellow before it can reach a 'qualification'.

At that time, Chen Han was going to forcefully suppress the Heavenly Fang and the One God, and these feudal states could also dispatch more than 120,000 soldiers and horses, which was as strong as the eighteen feudal states in North America; A small number of people may only send 10,000 people, or even less, such as those small countries in South America. But adding to each other is also a huge number.

Contradictions and conflicts will always break out between countries, especially when Chen Han swallowed up the Americas and Oceania, and also intervened in India, Tianfang, and Africa, and it is impossible for China and the West not to break out into violent conflicts.

At that time, the Europeans will definitely go all out, according to the strength they broke out in the First World War, it is almost appropriate for the Europeans to come up with tens of millions of troops, and then they will add the heavenly people? Anyway, the final number of troops will be tens of millions.

At that time, China needed the help of these vassal states. Even if China at that time had the strength to suppress the West alone, in order to preserve its strength, China at that time would have to pull the American countries into the water. Although the military strength and national strength of these vassal states are not very good in isolation, and they are not comparable to the major European powers at all, they are also a powerful force when they are added together. Coupled with the Seven Khanates of Central Asia, Japan, Siam, Phnom Penh, Gorkha, Mysore and other countries in the west, the armed groups with China as the core are really unimaginably huge and huge!

This is an army that can easily reach tens of millions of people, and there are bottomless reserves. If there really was a war to decide the ownership of the crown of the earth at that time, when China mobilized as a whole, Chen Ming believed that London, Berlin, Paris, Vienna, and Rome would all despair.

The tens of millions of troops are not the scum of World War I Russia or the skinheads. According to Chen Han's military regulations and military discipline, according to the rules and regulations of Chen Han's army, as long as the entire country is not rotten and corrupted from the roots, then the country's army [including the subject countries] can definitely have combat effectiveness.

Tens of millions of combat effective troops, the pressure brought by this number can directly make Europeans understand what a world war is, not to mention that there is a second or third tens of millions of troops behind this number, as long as the situation needs it.

Although the Europeans were not bad in combat effectiveness.

At present, China's military regulations and military discipline and many rules and regulations, as well as the entire military system guided by the Metropolitan Governor's Office, are not confidential news. Many European countries have got their hands on it and used it as a reference for the transformation of their own armies. Just like the Austrians, Archduke Karl's military reform has a lot of shadows of Chen Han's army.

But all of this is Chen Ming's 'delusion', unless he succeeds in cultivating immortals, it is impossible for him to see a hundred years later.

Even such a war does not have to wait hundreds of years for it to break out. The reason why Chen Ming thought of a hundred years was because he compared the time when World War I broke out in the original time and space, but in the current time and space, it was completely different from the original time and space.

It's like 1812 is coming.

Chen Ming decided to take advantage of this opportunity to repair Russia.

If Napoleon had continued to deal with Russia in 1812, according to Kutuzov's ruthlessness in burning Moscow, Napoleon's chances of overcoming the Russian storm were very small, and with the reminder of the European Office, perhaps his losses would not have been so great. But even if Russia can win the defense war, their own losses will be extremely large.

Chen Ming decided to take the opportunity to fall into the well, and planned to call the Ottomans. This could be the crowning moment for the next 100 years of Ottoman life.

Chen Ming is now extremely concerned about European affairs, especially the complex and volatile diplomatic relations between European countries. Because 1812 hangs in front of him, Chen Ming is now like the donkey tempted by carrots, tirelessly pursuing.

In fact, the current Britain, France, and the current European countries are all eager to study China's actions in the microscope, China is too big, and half of the world map is Chinese red. And most importantly, the Chinese have the strength to 'enjoy' this half of the world's land dividends.

China, which has been playing with its standing military strength for more than 100 years, has fought several times with Russia and Spain, but the entire Chinese people have not seen the slightest impact of the war, and as a 'single' country, this is really powerful for Europeans to afford.

In just a few decades, after more than 300 years of great navigation, the power that Europe has painstakingly developed has once again been crushed by China. And now it is no more than the Han and Tang dynasties a thousand years ago.

At that time, even if China knew that there was a place in Europe, they would not be able to get through. Now China can really come over. The opening of the Suez Canal has shortened the 'connection' between the East and the West by half.

Not to mention that China has more human resources than all of Europe.

Whether it's Whitehall in London, the Tuileries in Paris, or the Hofburg in Vienna, all of them are extremely wary of China.

It would be wise for China not to taint its control of the Suez Canal, otherwise it would be time for the Europeans to think about the question: if such a huge and unrivaled military force appeared on their side, would they be able to resist it?

It is precisely because the country that controls the Suez Canal is the Ottoman that the European countries do not have a sense of imminent urgency. It's like Portuguese Brazil in South America. While Chen Han's troops were stuck in Panama, the Portuguese did not feel much of a threat. But when Chen Han's army entered Colombia, the Portuguese had to go into battle shirtless.