The1948Currency Reform In Perspective Of The Republic Journal

1948Gold Yuan issue is one of the major events of the1940s.The economy andpeople’s lives have had a major impact, but for a long time the research on it isslightly weak.Republic journals vision of the1948currency reform, including parts:Chapter Ⅰ is about republic journal of public opinion on the currency reformmomentum and prospects. Many journals reported in Western countries in thecurrency reform on the eve of currency reform for China’s upcoming economic reformcampaign trail; Gold Yuan reform, currency reform, the beginning of the Republic ofjournals were analyzed and forecast.Chapter Ⅱ is an important figure in the currency reform process and the casesreported in the journal of the Republic The reported figures included ChiangChing-kuo and Wang Yun-wu. in particulary, Chiang Ching-kuo was reported. Thecurrency reform aimed at stabilizing prices, Chiang Ching-kuo in Shanghai pricestability particularly noticeable. Another was the journal of the Tao Qiming caseeconomic case reported in detail.These report, to show us the plight of the economicreform and an important help to our understanding of that currency reform.The third chapter after the currency reform, the impact on people’s lives andeconomic production. The lives of the people affected by the currency reform isparticularly grave, as some reports said, the currency reform is a plunder the commonpeople. Any economic reform must take care of the public interest, otherwise failureis inevitable. Journal material interpretation helps us understand why the currencyreform failed.Conclusions: Overview of the Republic of the journal study analysis: how toevaluate the currency reform? Why the KMT should took the currency reform? Didthe failure of the currency reform and the Chiang Ching-kuo tigers relate? This is thethree issues to be addressed in this article.