The Fourth Lingshi Financial Crisis

Chapter 237 Cultivation of the World View

After three days of continuous flying, the Flying Spirit Boat finally arrived at the headquarters of the Wuliang Sword Sect.

As the highest-level holy place for cultivation in Zhongzhou, the headquarters of the Wuliang Sword Sect is obviously not something that cats and dogs can enter casually. , waiting together for the disciples of the Wuliang Sword Sect to verify their identities one by one.

Li Qingning grew up in the Lingshi Reserve Bank since he was a child, so he is naturally very familiar with the headquarters of the Wuliang Sword Sect.

Seeing that the peaks of the Wuliang Mountains were already in front of her eyes, she immediately pulled Yang Lu excitedly to the window of the spirit boat, and introduced the historical stories of these peaks to Yang Lu one by one. For example, this mountain was killed by the head of Ma Tianyi. The place where the Supreme Elder of the Shenhuo Sect is, and that lonely peak is also the ancient battlefield where senior Bo Nanke fought against the heads of the four sects, etc...

The Wuliang Sword Sect is one of the oldest sects in the Kyushu cultivation world.

Inherited from the Middle Ages to the present, the Wuliang Sword Sect has a history of more than 10 years.

After the baptism of a long time, the peaks of the Wuliang Mountains are like a thick history book, recording the historical changes of the Wuliang Sword School for tens of thousands of years. Even if Li Qingning has already picked the key points to introduce, it is not possible to introduce clearly in a short time.

When mentioning the history of the establishment of the Wuliang Sword Sect, one has to mention the world view and historical view of the Kyushu Cultivation World.

According to the general consensus of cultivators in Kyushu, the foundation of the entire universe is a chaotic world called [Boundless Void Sea]. In the Boundless Void Sea, the most basic concepts of time and space lose their meaning. Knowing the world", many material worlds, including the Kyushu cultivation world and the demon world, are conceived and born from this boundless void, just like the waves of the boundless void, they are constantly born and then annihilated.

This peculiar world view is somewhat similar to the Earth's "Dirac Sea" theory.

But this kind of world view is not created out of thin air by the cultivators. It is said that when the monks in the Nascent Soul stage cast their spells with all their strength, they can even use aura to temporarily shatter the void, showing the true appearance of the boundless sea of ​​void.Even a monk in the Qi refining period can use the help of the [Six Paths Sword] and other supreme inheritances to borrow a little bit of the powerful power of the Boundless Sea of ​​Void.

Yang Lu has never seen a Nascent Soul cultivator so far, so he can only maintain a cautious and skeptical attitude towards this kind of legend.

According to the ancient legends in the world of comprehension, the world of Kyushu was the material world that was born out of the boundless void of seas many years ago. From the birth of Kyushu to the outbreak of the first heavenly crisis, this historical period is called the ancient times.

The historical records of the ancient times are extremely scarce, and no one even knows how long this period was.

It is said that in ancient times, the ancient immortals who ruled the Kyushu cultivation world lived in the ancient heaven.They are in charge of the current Kyushu heaven with their own hands, and punish mortals and practitioners who violate the heaven.And the cultivators of the Nascent Soul stage will also become members of the ancient heaven after ascending in the daytime, overlooking all living beings on the surface.

However, millions of years ago, the first Heavenly Dao crisis broke out, and the demon army brazenly invaded the Kyushu cultivation world. The ancient heaven was completely destroyed by the battle between immortals and demons, and the wreckage fell into the boundless sea of ​​​​emptiness, and the Kyushu cultivation world was far bigger than the moon. The "moon" in the sky is said to be the original site of the ancient heaven.

After the end of the Fairy and Demon War, all the ancient immortals disappeared.

From the end of the first Heavenly Dao Crisis to the outbreak of the second Heavenly Dao Crisis 7000 years ago, this period is called the Middle Ages by cultivators. The seven major factions of Kyushu are all cultivation forces established in the Middle Ages.

The Middle Ages is very similar to the world of comprehension described in the Earth Cultivation Network article. Cultivators trade with spirit stones, monsters and cultivators fight each other, and major comprehension forces separate and combine. life, and there is no such messy knowledge as cultivation economics, sect management, and fairy logic.

From the Middle Ages, after the late Nascent Soul monks landed in the Immortal Realm, they could no longer walk in the mortal world for a long time. Within a few years of breaking through the void, the immortals would be rejected by the Kyushu Heaven and Earth and forced to fly to the Immortal Realm in the daytime.

The founder of the Wuliang Sword Sect established the current Wuliang Sword Sect after he achieved the Immortal Realm and before he was forced to ascend in the daylight.

The Middle Ages was finally ended by the second crisis of heaven.

From the end of the second Heavenly Dao Crisis to today, the Kyushu cultivation world has experienced more than 7000 years. In this short period of 7000 years, the Kyushu cultivation world has undergone earth-shaking changes.

Almost all cultivators can clearly feel that the Heavenly Dao of Kyushu seems to have begun to "become disintegrated".

For example, the cultivators suddenly discovered that the original business model that used spirit stones as currency could not work. Rounds of spiritual stone financial crises swept across the world of comprehension like tsunamis, tearing down and rebuilding the entire economic system back and forth.

Another example is the Matthew effect in the world of comprehension, which is like a snowball. The many sects that were originally numerous were completely absorbed by the seven major sects of Kyushu, and the independent small sects almost disappeared; , Just like an avalanche, the defeat became worse and worse, and he was quickly killed into the nature reserve to linger on his last breath.

For example, traditional cultivation sects such as Tu Workshop soon began to generate huge centrifugal force due to unreasonable mechanism design, and finally collapsed one after another. In order to better manage the sect and govern the economy of the jurisdiction, the theories of cultivation economics and cultivation management have been flourishing With the development, the management of sects began to become scientific and systematic, and the incentive and restraint mechanism of sects of self-cultivation became more and more like joint stock companies. The social order of self-cultivation entered a new era of systematization and theory.

There are even a small number of people who believe that the world of comprehension has actually opened the fourth era.

In the eyes of these cultivators, the third Lingshi financial crisis 500 years ago had an extremely far-reaching impact, far exceeding the first Lingshi financial crisis in the Yellen era and the second Lingshi financial crisis in the Bo Nanke era. The importance of the crisis can even be compared with the first Heavenly Dao crisis that ended the ancient times and the second Heavenly Dao crisis that ended the Middle Ages.

In order to save the third Lingshi financial crisis and establish the fourth-generation monetary policy of comprehension, Lu Yang, the founder of Lingshi Reserve Bank, carried out drastic reforms. During the period when Lu Yang was in power, many unprecedented "earth styles" appeared in the cultivation world of Kyushu for the first time. Concepts and financial institutions, such as commercial banks, Lingshi Reserve Bank, stock exchanges, central bank balance sheet theory, quantitative easing, standardized futures exchanges, composite price indexes, etc...

Even in the eyes of Yang Lu, who is also a time traveler, the cultivation currency reform led by President Lu can be called a frenzied financial adventure.

According to the normal financial development history of the earth, the central bank was originally born out of ordinary commercial banks, but after the establishment of the modern country, some powerful commercial banks were gradually endowed by the state or actively obtained the administrative functions of currency issuance, and gradually evolved into central bank.

In fact, there is no very clear boundary between the central bank and commercial banks. For example, the Federal Reserve can be regarded as an independent bank legal person jointly funded and established by dozens of private banks.

Because of this, the Federal Reserve and the People's Bank of China can actually make profits by using the interest rate difference between their own assets and liabilities like commercial banks, and the total amount of this profit can reach tens of billions of dollars.

(End of this chapter)