| The financial problem is a long-term problem in China’s modern history.Accompanied by the general trend of the downward shift of national power,the compulsory intervention of the state power in the financial order is an important measure for the reconstruction of modern modern nation-state.For a long time,the research on finance represented by money is mainly based on the analysis of the whole country,or takes modern Shanghai as the main research object,and the research results in the northern region are relatively lacking.As an important commercial city in the north,Tianjin plays a very important role in the construction of finance.However,after the establishment of the Nanjing National Government,the ruling center moved south and the national political center was based in Jiangsu and Zhejiang.Tianjin lost its status as an economic city of Gongwei capital.After the war of resistance against Japan,the process of the returning Kuomintang government rebuilding the financial order in Tianjin should have been an important step for the Kuomintang government to restore the economy after the war,However,the financial and economic policies of the Kuomintang government in actual operation caused hyperinflation.The chain reaction caused by a series of problems in Tianjin finally led to the complete collapse of the financial order in Tianjin.Only the thorough baptism of the revolution can clean up the erosion situation in the financial order in Tianjin.In the process of the Kuomintang rebuilding the financial order in Tianjin,the "central local relationship" problem,the tension between the state power and social forces,modernity and traditional factors and many other problems are mixed,which makes the financial situation in Tianjin extremely complex.From 1945 to 1949,the financial policy of the Kuomintang government returning to Tianjin was essentially a predatory economic policy.Under the premise of insufficient local material supply in Tianjin,the uncontrolled issuance of paper money led to extreme inflation,economic collapse and soaring prices.In the end,the Kuomintang’s paper money was hated by the people,and the issuing regime behind the paper money was abandoned by the people.After the Communist regime entered Tianjin,with its strong social mobilization ability,it quickly broke the stubborn diseases such as black market,prices and precious metals that have been difficult for the Kuomintang government to solve for a long time,so that RMB quickly occupied the currency circulation market in Tianjin,established a new financial order with RMB as the core,and provided sufficient materials for the issuance of currency.The comparative study of the monetary and financial policies of the Kuomintang and the Communist Party in the same period provides a new thinking for the Communist regime to lead modern China out of the trough. |