The Fourth Lingshi Financial Crisis

Chapter 695 Financial Tsunami
The huge earthquake in the financial market has been noticed by even the dullest cultivators. Even the Seven Great Factions ended their discussion on the aftermath of the Qishan Prison escape ahead of schedule, temporarily changed the topic, and began to discuss the case of counterfeit banknotes and the credit of Lingshi coins. question.

However, this kind of meeting will definitely not produce any substantive results, because even within each hegemony-level sect, there are various voices:
Some people want to severely punish Lin Jianxing according to the law; some people demand that the Wuliangjian faction immediately stop interfering in the internal affairs of the Lingshi Reserve Bank, and hand over the Lingshi Reserve Bank to the representatives of the seven major factions to jointly manage it like Qishan Prison; some people simply said that we should ask Tian Daxiao Come forward to set up another Lingshi Reserve Bank, and now the mess caused by this Lingshi Reserve Bank can no longer be cleaned up...

Due to disputes among all parties, despite the deteriorating financial market, no super sect has ever stood up and made a formal statement, and even the "Cultivation Finance Weekly" did not mention this matter at all.

However, the silence of the seven factions made the market panic even more, and the panic in the market tends to be self-reinforcing.

Seeing the crazy depreciation of the Lingshi coins in their hands, all the cultivators began to avoid risks like headless chickens. At first, they might just try to exchange some Lingshi coins for other hard currencies, but if everyone thinks so , Lingshi coins will fall further, and seeing the further decline of Lingshi coins, everyone will feel that their previous decision to sell Lingshi coins is correct, and practitioners who did not sell Lingshi coins 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 sweep the goods, which will further reduce the purchasing power of Lingshi pens...

In order to realize the Lingshi coins as soon as possible, almost all major markets are crowded with cultivators eager to sweep up the goods.

Some people tried to exchange Lingshi coins for Lingshi, some people tried to use Lingshi coins to buy caves, some people wanted to use Lingshi coins to buy magic weapons and elixirs, and some people frantically placed orders at the securities terminal operated by Pan's firm , buying shares in Lingshi Mine and various stocks and futures assets, so that the trading volume of Pan's Trading Company soared hundreds of times in one day!
If it weren't for the computing power of the comprehension world, which has almost no upper limit, if it is replaced by a server on the earth, facing the instantaneous access demand that has skyrocketed by a hundred times, it is estimated that the stock trading app of Pan's Trading Company has been down by now.

All these people have one purpose:
Exchange the spirit stone coins into tangible cultivation resources as soon as possible, anyway, you just can't throw it in 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 them.

Although Yun Tianhua, the president of Lingshi Reserve Bank, has come forward to refute the rumors, saying that the counterfeit banknotes are only the work of some ghosts in Lingshi Reserve Bank, not the official orders of the Wuliang Sword Sect, in an attempt to stabilize market sentiment, but after 500 years in the cultivation world, the capital market In the development of the development, the participants are no longer Wuxia Amon, and this kind of rumor refutation will not have any effect at all.

After all, when the third Lingshi financial crisis broke out, Tian Daxiao, who was still a casual cultivator in the foundation building period of Huoyun Prefecture, once said the famous "Twenty Words of Proverbs for Cultivating the Capital Market":
rumor is truth
Hear it and fuck it hard;
Run away after confirming;
No one can believe it!
Now that Yuntianhua has refuted the rumors, the rumors must be true!

Since Lin Jianxing is going to use the Lingshi Reserve Bank as an ATM, should we still hold Lingshi coins as leeks?
Moreover, as the prices of various assets soared, new rumors appeared in the market. For example, some people said 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? It is so much higher than before, which is equivalent to deducting the shit basin of this round of price rises to Lin Jianxing.

If Lin Jianxing knew that he had only printed a few hundred million counterfeit banknotes, but was blamed for tens of billions, he would probably spit out a mouthful of old blood.

Yang Lu also owns the securities terminal that Pan's firm donated 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 are like rockets. Soar like a launch.

According to Mingzhu, the birth of the Xiuzhen capital market carried the original sin of "cutting the leeks for the Immortal Feisheng", so naturally there is no price limit system here, and the prices of various bulk commodities almost have a few dozen points within a day. soaring.

This not only stunned many cultivator retail investors who had never experienced the third Lingshi financial crisis, but even those senior cultivators who had experienced the third Lingshi financial crisis also realized at this moment that the big one might really come. up.

And Lin Jianxing, who was the first person responsible for the counterfeit banknote case, seemed to be roasted on the fire at this time.

In fact, Lin Jianxing's private printing of counterfeit banknotes was also a helpless move.

You must know that the vassal sects under the command of Lin Jianxing are basically sects dominated by the sect of the world. These sects are not good at management. Facing the sects of the sea cliff and the mountain eagle, it is like using the system and capital of a feudal country. Communist countries compete on the same stage, and basically only have the qualifications to be smashed.

Therefore, in the face of the increasingly severe economic crisis in the cultivation world of Kyushu, these other sects are also the least able to resist.

Moreover, the financial situation of the Wuliang Sword Sect itself is not very good.

Although the monks of the Wuliang Sword Sect are very rich, the finances of the Wuliang Sword Sect have long been riddled with holes, and it is impossible for Lin Jianxing to allow everyone to subsidize the sect from their own pockets.

Before that, he could let the Luo Family Chamber of Commerce come forward to wipe his little brother's ass, but the Luo Family Chamber of Commerce's Ponzi scheme also has limits, and the Luo Family Chamber of Commerce also knows that if he plays like this, accidents will inevitably happen, and he might be caught Lin Jianxing "borrowed the head to use it", so Luo Hui simply beat him up and ran away with the money first, but instead detonated the crisis of the vassal sect in advance.

Lin Jianxing had no choice but to keep putting pressure on Li Qingyang, asking 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 playing the Ponzi scheme for a few years.

But in order to maintain the credit of Lingshi coins, it is impossible for Li Qingyang to agree to use monetary policy to cover the sect's debts.

Lin Jianxing thought that if Li Qingyang was killed, he would be able to manipulate the Lingshi Reserve Bank to save the Luo Family Chamber of Commerce, but he didn't expect that although Yun Tianhua didn't dare to confront him head-on, he still refused to relax the monetary policy and flood it.

In order to solve his younger brother's increasingly serious financial crisis, Lin Jianxing couldn't sit still, so he could only choose to incite the creditors of the Luo Family Chamber of Commerce to force Yuntianhua into the palace.

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's command can temporarily relieve the crisis, and 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 initiate riots. Losing Yuntianhua's position, and then replacing him with his own people, he can still cover the debts of the Luo Family Chamber of Commerce.

Although this move seems very aggressive, no matter what the result is, it will not be bad, but he never expected that Yun Tianhua would give him a third result!

Yang Lu, a consultant of the Qingning Chamber of Commerce, actually adopted the method of "stabilizing the retail investors and dragging down the big ones" to successfully divide the group of creditors, so that those big creditors that Lin Jianxing really needed to save finally received only a single IOU.

And the redemption period of these IOUs is as long as dozens or hundreds of years!
Seeing that his little brother was going to have nothing to eat and rebel, Lin Jianxing was forced to resort to the simplest solution:
Make counterfeit money!

(End of this chapter)