Even RMB does not have such a high denomination of 6,543,800 yuan. The highest denomination of RMB issue is the first set of RMB 50,000.

From 65438 to 0945, Nanjing National Government was the only legal government. Its currency in circulation is legal tender.

During the three years from 1946 to 1948, the circulation of legal tender exceeded 1000 times, which led to the rapid depreciation of legal tender.

1948 issued gold certificates instead of legal tender. On August 1948, the National Government issued the Order of Financial and Economic Emergency Punishment by presidential decree, stipulating that from now on, the gold certificate will be used as the bookkeeping base currency, with a total issuance limit of 2 billion yuan, and the limit is 10. Before October 20, 3 million yuan of legal tender will be converted into gold.

But inflation is still unprecedented in the world (at least for now).

1June, 949, the total amount of gold certificates issued reached 130 trillion yuan, which was 65,000 times higher than the original total amount of issuance. The denomination of tickets is getting bigger and bigger, from the highest denomination of 100 yuan issued in the early days to the final sum of 500,000 yuan and 100 million yuan. Gold certificates have been in circulation for less than a year, just like waste paper.

Even today, the brand-new/kloc-0.0 million gold card can only be sold in 300 yuan as an antique. Enough to see the extent of spamming at that time.