Forty Millenniums of Cultivation Chapter 2515: Empire’s economic crisis

Li Yao and Li Jialing said that Empire of True Humanity has fixed the Star Ocean central millennium, and the legal currency name is "Imperial Crystal Coins", because this currency system was originally linked to high-purity crystal.

At the beginning, there were 500 million tons of Acura crystal. As the backing of Imperial Crystal Coins, every dollar of Imperial Crystal Coins can be unconditionally exchanged for 0.1 grams of Acura crystal.

"Excellent" crystal is not an exaggerated modification, but has strict standards. Only crystal with a purity of 95% or more can be marked with "Extreme", which is more pure than Extreme crystal, only very rare. crystal essences too.

This guarantee gives Imperial Crystal Coins extremely strong credit and vitality, helping Great Emperor Dark Star Wuying Ji to beat the old Star Ocean Republic weak economy and financial System to *crash* and completely collapse.

crystal is the crystallization of ultra-high-purity energy. No matter the daily cultivation and combat of cultivator, people ’s clothing, food, housing, transportation and even colonization of alien stars, it is a super hard currency that is one hundred times harder than gold and silver.

Since Imperial Crystal Coins can directly exchange the best crystal, people of course are willing to choose this currency, and choosing Imperial Crystal Coins means choosing Empire, but kicking the old Star Ocean Republic with soaring prices, inflation and decay To the gutter, er, not the gutter, but Star Glory Federation on the edge of Star Ocean.

To tell the truth, Wuying Ji and his children and grandchildren, no matter how evil these high-ranking Immortal Cultivator, at least in the first five hundred years of the rise of Empire, the purchasing power of Imperial Crystal Coins is still quite strong.

On the one hand, the number of superb crystal looted from Star Ocean has increased from 500 million tons to 5 billion tons, which guarantees the solemn promise that Imperial Crystal Coins can be exchanged for superb crystal anytime, anywhere.

Money exists in banks and there is interest, but conversion to crystal will not add value-Empire early implemented strict control on the prices of various crystals. If anyone dares to make waves in the crystal market, it will be a gun, plus direct use crystal is inconvenient to trade, naturally not so many people will have too many crystal storage, the risk of running is not high.

On the other hand, the new conquest of the world has brought an endless stream of war dividends and an expanding market. During the five hundred years, the Empire Sects and families have been expanding vigorously. The colorful soap bubbles are blowing bigger and bigger. Even if the currency value is diluted, people's income has also increased significantly. Even the ordinary people of core area can be divided into war dividends. The days are not bad. Of course, I firmly believe in Empire. Your Majesty, I have great confidence in Imperial Crystal Coins.

However, Empire of True Humanity, which is so beautiful with flowers and fire, just passed its 500th birthday, and internal and external problems broke out at the same time.

In the interior, several consecutive court battles in the "Kowloon seizes the heirs" have caused great damage to the royal family. Four Great Emperor Selecting Marquis Families took advantage of the rise and used the name "four honourable elders to jointly recommend Your Majesty The Sovereign Emperor to maintain the stability of the royal family" and usurped the Korean government .

Externally, all plump Greater Thousand Worldss have been incorporated into the Empire's territory. The cost of wars and management difficulties that continue to conquer are greatly increased. Coupled with the continuous consumption war with Saint League, Empire has greatly lost blood and reached an expansion. limit.

The kingdom of Immortal Cultivation like Empire of True Humanity, its vitality lies in the constant aggression and conquest, using the blood and bones of the conquered to pour the prosperity of the conqueror.

Once the pace of conquest is stopped, the soap bubbles burst.

The first economic crisis that swept across the whole of Empire's broke out. Many people went bankrupt overnight, and all kinds of bonds, stocks and equity they bought became a piece of waste paper; more people owe debts that will not be completed in their next life. From free people to slaves.

There was a most famous case at that time, there was a high-weight Pang surname Immortal Cultivator, called Pang Qingyun or something, claiming that he had a way in Imperial Court, knowing that Imperial Court was about to launch a "five million light years expedition", and conquer about a dozen II in one breath Greater Thousand Worlds marked on the ten ancient star charts, and someone Pang obtained the follow-up colonization and management rights of three of them Greater Thousand Worlds.

In order to raise a large amount of development funds, he split up these colonization and management rights to sell them, and promised a very high rate of return. What kind of "doubling one year and three times ten years" and so on, seduces a large number of greedy people Invest in your life.

In the beginning, Pang Qingyun did say that it did not only return high interest on time, but also dragged investors to various Star Harbors, saying that this is Empire's Expedition Army, that is his colonization fleet, delicious and entertaining, not to say He also made a variety of beautiful renderings and even the immersive Grand Void Illusion World, depicting the bright future of the new colony development, and all investors were stunned and ecstatic.

In the end, not only a lot of people invested a lot of money, even many Immortal Cultivator and even Sect were convinced of him, and they smashed the coffin board into the illusory colonization plan.

As a result, Empire has changed the policy of colonization due to the economic crisis, financial strain, and insufficient military expenditure. In principle, it no longer sends out a large-scale Expedition Army Expeditions outland as in the past, but has developed a technology called "Star Child" In the future, "Star Child" will be used for small-scale, more Precise Expeditions.

This also means that the Empire's big development Era is over, perhaps forever!

Pang Qingyun ’s lies are not self-defeating, and angry people surrounded his "development Group". Only then did he know that he played nothing more than destroy one part to repair the other part, borrowing new money to pay off old debts, and countless people jumped because of him His tricks were also handed down to the world under the name "Ponzi scheme".

The scam of Pang Qingyun is just a tiny one of the tens of millions of soap bubbles broken by the economic crisis Era. There are more and bigger Ponzi schemes that have devoured the wealth and even lives of countless people.

Instead of helping Imperial Court to fight the economic crisis, Four Great Emperor Selecting Marquis Families's deliberate speculation helped fuel the crisis, allowing the economic crisis to intensify, which greatly weakened the final authority and vitality of Imperial Court, and made a lot of money for the country, and expanded into a monster of large tail obstructs action.

As a result of this economic crisis, Imperial Crystal Coins announced that it was decoupled from Need for crystal. No matter ordinary or Low Rank Immortal Cultivator, it is no longer possible to use stable prices to go to banks and crystal Reserve Bureau to exchange Need for crystal and can only be purchased at market prices.

The average price of various crystal in the market has increased by a full thirty times in one year. crystal is also the source of production. crystal has skyrocketed, and prices have also skyrocketed. Everything has risen, only the salary and currency value have not increased-in other words It is that Imperial Crystal Coins has depreciated thirty times within a year of decoupling.

The wealth of all Empire citizens was looted by Four Great Emperor Selecting Marquis Families.

The Four Great Families, who forged a lot of wealth, seized the opportunity to control the dynasty and had the power to mint coins.

Although it is also called "Imperial Crystal Coins" in name, all four banks under the name of Four Great Families have the right to issue, and a "inter-bank joint meeting" replaced the original authority of the Empire central bank, which is equivalent to taking all the Your Majesty The Sovereign Emperor money bags. coming.

Four Great Families, only for the sake of collusion together, the struggle between each other is also very fierce. It is conceivable that they do not care about the stability of the Empire currency. Anyway, as long as the economy of their own territory can be maintained, let the **** floods outside of their mother!

Since this year, Imperial Crystal Coins has spread its legs on the road of depreciation, and the value has been diluted to nothing.

And another horrible news, it gave Empire a perfunctory, shaky economy and currency System fatal blow-Initially, did the Empire central bank and crystal Reserve Board have 5 billion tons of crystal as the backing? Need crystal has always been a Empire's reassurance and ballast stone, but I do n’t know from what year, people have rumored that these 5 billion tons of Need crystal have been divided by Four Great Families, and they are also High Rank cultivator of Four Great Families, those Nascent Origin and Spirit Transformation We are consumed in cultivation!

"Four Great Families divided 5 billion tons of crystal and consumed them all, so that we can cultivate so many Golden Core, Nascent Origin and Spirit Transformation at once, and the strength suddenly expanded!"

Although Imperial Crystal Coins has been decoupled from Need crystal, such terrible rumors still smashed the last trace of confidence of aspirants in Empire's, saying that it is a rumor, more like a plague and a curse, which completely defeated the Empire's financial market and economy. The currency System, those who truly believe in Immortal Cultivation Great Dao, are all disillusioned.

In the following hundreds of years, Empire broke out several economic crises, and gradually became like this today. The warlords are divided, the economy is chaotic, and the local situation is different. The roots are people-from ordinary to Immortal Cultivator, from Low Rank Immortal Cultivator To Nascent Origin and Spirit Transformation Old Monster, they did not believe in Imperial Crystal Coins at all, not even a copper plate!

If this were not the case, it would n’t be a big Empire, and the expedition of about a dozen was carried out. It was still a triumph of triumph and victory, but it was once again in the mud of total collapse!

What's more terrible is that Imperial Crystal Coins not only has a precedent of unstable currency value and vicious depreciation, but also all currencies have been virtualized and paperless this year. There is no longer the concept of paper money 10,000 years ago. All transactions are Through Spiritual Nexus, no amount of wealth is just a series of zeros in the account.

The Empire authority should not be shameless to directly tamper with the figures in the citizen ’s account. The problem is that all transactions on Spiritual Nexus will leave traces, and everyone ’s production and consumption information is all controlled by the authority-this authority, sometimes The local warlords are sometimes Four Great Emperor Selecting Marquis Families and sometimes Your Majesty The Sovereign Emperor.

With this information, you can grasp the wealth status of all Empire people. Naturally, you can swallow the goose, pluck the bone, **** the bone marrow, and even swallow the belt bone, and press it cleanly.