The huge shock in the financial market has been noticed by even the dullest cultivators. Even the seven major sects have ended their discussions on the aftermath of the Qishan Prison breakout in advance, temporarily changed the topic, and started discussing counterfeit banknotes and Lingshi coins.
question.
However, this kind of meeting will definitely not produce any substantive results, because even within each overlord-level sect, there are various different voices:
Some people want to severely punish Lin Jianxing in accordance with the law; some people ask the Wuliang Sword Sect to immediately stop interfering in the internal affairs of the Lingshi Reserve Bank, and hand over the Lingshi Reserve Bank to the joint management of representatives of the seven major sects like Qishan Prison; some people simply say that we might as well invite Tian Daxiao
He came forward to establish a new Lingshi Reserve Bank. Now the mess caused by this Lingshi Reserve Bank is beyond repair...
Due to the incessant disputes between all parties, even though the financial market has been deteriorating, no super sect has come forward to make a formal statement, and even the Xiuzhen Financial Weekly has not mentioned the matter at all.
However, the silence of the seven major factions has made the market even more panicked, and the panic in the market often reinforces itself.
Seeing the crazy depreciation of the spirit stone coins in their hands, all the cultivators began to avoid risks like headless flies. At first, they might just try to exchange some of the spirit stone coins for other hard currencies. However, if everyone thinks so
, the Lingshi Coin will fall further, and seeing the Lingshi Coin fall further, everyone will feel that their previous decision to sell the Lingshi Coin was right, and the cultivators who did not sell the Lingshi Coin in time will also regret it.
Thighs, so they will take out more Lingshi coins to exchange, and more Lingshi coins will enter the market to buy goods, which will further reduce the purchasing power of Lingshi pens...
In order to realize the spiritual stone coins as quickly as possible, almost all major markets are crowded with cultivators eager to buy goods.
Some people try to exchange Lingshi coins for Lingshi, some try to use Lingshi coins to buy caves, some want to use Lingshi coins to buy magic weapons and elixirs, and some people frantically place orders at the securities terminal operated by Pan's Trading Company.
, purchasing Lingshi Mine equity and various stocks and futures assets, causing Pan's Trading Company's trading volume to surge hundreds of times in one day!
If it weren't for the fact that there is almost no upper limit on the computing power of the calculation array in the world of cultivation, if it were replaced by a server on Earth, facing the instantaneous access demand that would skyrocket a hundred times, it is estimated that the stock trading app of Pan's Trading Company would be down by now.
All these people have only one purpose:
Exchange the spirit stone coins into visible and tangible cultivation resources as soon as possible. Anyway, you can’t throw them into your own hands!
However, the market is reflexive. The more people rush to ship goods, the more violent the decline of Lingshi coins will be, and the owners of cultivation resources will be more reluctant to sell.
Although Yuntianhua, the president of the Lingshi Reserve Bank, has stood up to refute the rumors, saying that the counterfeit banknotes were the work of individual insiders of the Lingshi Reserve Bank and were not officially ordered by the Wuliang Sword Sect in an attempt to stabilize market sentiment, the Cultivation World capital market has gone through five hundred years of
In the development of the past year, the participants are no longer Wu Xia Ameng, so this kind of refutation of rumors will not have any effect at all.
After all, when the Third Lingshi Financial Crisis broke out, Tian Daxiao, a stock cultivator in the foundation-building period of Huoyun State, once said the famous "Twenty-word Proverbs of Cultivation Capital Market":
Rumor is truth;
When he heard about it, he went to work violently;
Run away after confirmation;
No one can believe it!
Now that Yuntianhua has refuted the rumors, the rumors must be true!
Since Lin Jianxing is using Lingshi Reserve Bank as an ATM, do we still need to hold Lingshi coins as leeks?
Moreover, as the prices of various assets have skyrocketed, new rumors have emerged in the market. For example, some people say that the Wuliang Sword Sect must have secretly instructed the Lingshi Reserve Bank to print tens of billions of counterfeit banknotes. Otherwise, how could the prices of various cultivation resources be so high now?
It is so much higher than before, which is equivalent to deducting the blame for this round of rising prices from Lin Jianxing.
If Lin Jianxing knew that he only printed a few hundred million counterfeit banknotes, but was blamed for tens of billions of dollars, he would probably spit out blood.
Yang Lu also owned the securities terminal donated by Pan's Trading Company to the Qingning Chamber of Commerce. After receiving the summons from everyone, he also took out his own trading terminal. Sure enough, as the summons said, the prices of various cultivation resources were like rockets.
Soaring like a launch.
According to Mingzhu, the birth of the Cultivation Capital Market carries the original sin of "cutting leeks for the Ascending Immortal". Therefore, there is no price limit system here, and the prices of various commodities almost all have dozens of points in a day.
Soaring.
This not only stunned many retail investors who had never seen the severity of the third Lingshi financial crisis, but even those senior practitioners who had experienced the third Lingshi financial crisis now realized that a big one might really be coming.
Already.
As for Lin Jianxing, who was the first person responsible for the counterfeit banknotes, it was as if he was being roasted on a fire.
In fact, Lin Jianxing's private printing of counterfeit banknotes was a helpless move.
You must know that the vassal sects under the command of Lin Jianxing are basically sects dominated by the worldly sect. These sects are not good at management. Facing the worldly sects such as the Haiya sect and the Shanying sect, it is like using the system of a feudal country with capital.
When all socialist countries compete on the same stage, they are basically only qualified to be beaten.
Therefore, facing the increasingly serious economic crisis in the Kyushu cultivation world, these sects of the world are the least capable of resisting.
Moreover, the financial situation of the Wuliang Sword Sect itself is not very good.
Although the monks of the Wuliang Sword Sect are all very wealthy, the finances of the Wuliang Sword Sect have long been in dire straits, and it is impossible for Lin Jianxing to let everyone subsidize the sect out of their own pockets.
Previously, he was able to ask the Luo Family Chamber of Commerce to come forward to wipe his younger brother's butt, but the Luo Family Chamber of Commerce's Ponzi scheme also has limits, and the Luo Family Chamber of Commerce also knows that something will happen to him if he plays this way, and he may even be arrested.
Lin Jianxing "borrowed someone's head to use", so Luo Hui simply took advantage of it and ran away with the money first. As a result, the crisis of the leader's vassal sect was triggered in advance.
Lin Jianxing had no choice but to keep putting pressure on Li Qingyang and ask the Lingshi Reserve Bank to renew the life of the Luo Family Chamber of Commerce, which had become an empty shell. This might allow the Luo Family Chamber of Commerce to continue running the Ponzi scheme for a few more years.
But in order to maintain the credibility of Lingshi Coin, it is impossible for Li Qingyang to agree to use monetary policy to cover the debts of the sect.
Lin Jianxing originally thought that by beating Li Qingyang to death, he would be able to control the Lingshi Reserve Bank to save the Luo Family Chamber of Commerce, but he did not expect that although Yuntianhua did not dare to confront him head-on, he still refused to relax monetary policy and flood the country.
In order to solve the increasingly serious financial crisis of his younger brother, Lin Jianxing could not sit still and wait for death, so he had no choice but to incite the creditors of the Luo Family Chamber of Commerce to force Yuntianhua to marry him.
If Yuntianhua agrees to cover the debts of the Luo Family Chamber of Commerce, the big creditors of the Luo Family Chamber of Commerce under Lin Jianxing can temporarily relieve the crisis. If Yuntianhua does not agree to cover the debts of the Luo Family Chamber of Commerce, then he can take advantage of the situation and incite the creditors to launch a riot.
After losing Yuntianhua's position and replacing him with one of his own, he was still able to cover the debts of the Luo Family Chamber of Commerce.
Although this move seemed very aggressive, no matter what the result was, it would not be bad. But he never expected that Yuntianhua would actually give him a third result!
Yang Lu, the consultant of the Qingning Chamber of Commerce, actually used the method of "stabilizing retail investors and holding back large investors" to successfully divide the creditor group, so that the big creditors that Lin Jianxing really needed to save ended up only receiving a handwritten note.
And the redemption period of these IOUs is tens or even hundreds of years!
Seeing that his younger brother was going to have no food to eat and rebelled, Lin Jianxing was forced to adopt the simplest solution:
