40,000 Years of Cultivation

Li Yao and Li Jialing said that the true human empire has been set in the center of the Xinghai for millennia, and the legal currency is called "imperial crystal coin" because the initial currency system was linked to high-purity spar.

At the beginning, there were a full 500 million tons of the best spar, as the backing of the empire crystal coin, every dollar of the empire coin can be unconditionally exchanged for 0.1 gram of the best spar.

"Superior" spar is not an exaggerated modification, but has strict standards. Only a spar with a purity of 95% or more can be marked with the word "extreme". It is purer than the best spar, and it is only very rare. The essence of it.

Such a guarantee gave the Empire Crystal Coins extremely strong credit and vitality, and helped Black Star Emperor Wu Yingqi to beat the weak economic and financial system of the Old Xinghai Republic to a complete collapse.

Spar is the crystallization of ultra-high-purity energy. It is indispensable for the daily practice and battle of cultivators, the food, clothing, housing and transportation of the common people, and even the colonization of alien stars. Therefore, it is a super hard currency that is a hundred times harder than gold and silver.

Since Empire Crystal Coins can be directly exchanged for the best spar, the people of course are willing to choose this currency. Choosing the Empire Crystal Coin means choosing the Empire, but it is the old Xinghai Republic that has soared prices, inflation, and decay. Kicked into the gutter, er, not the gutter, but the Starlight Federation on the edge of the star sea.

To be honest, Wu Yingqi and his children and grandchildren, let alone how evil these aloof immortals are, at least for the first 500 years of the rise of the empire, the purchasing power of the empire's crystal coins was quite strong.

On the one hand, the number of the best spar looted from Xinghai has increased from 500 million tons to 5 billion tons, guaranteeing the solemn promise that the imperial crystal coin can be exchanged for the best spar anytime and anywhere.

Money is stored in the bank for interest, but it does not increase in value when converted into spar. In the early days of the empire, the price of various spars was strictly controlled. If anyone dared to make waves in the spar market, he would have to be shot. It is inconvenient to trade directly with spar on the Internet. Naturally, not so many people will store too much spar, and the risk of a run is not high.

On the other hand, the new conquest of the world has brought a steady stream of war dividends and an expanding market. During those five hundred years, the various sects and families of the empire were expanding wildly. In the golden years of prosperity, the entire society was prosperous and colorful. The soap bubbles are getting bigger and bigger. Even if the value of the currency is diluted, people's incomes have also risen sharply. Even ordinary people in the core area can share the war dividends. Life is not bad. Of course, it is a firm belief in the empire and a firm belief in your Majesty. Have strong confidence in the Empire Coin.

However, such a true human empire with flowers and flames, just after its 500th birthday, internal and external troubles broke out at the same time.

Internally, several consecutive court battles of "Nine Dragons seizing the concubine" have greatly hurt the vitality of the royal family. The four major electoral families took advantage of the situation to rise, and usurped them in the name of "four meritorious veterans jointly promote the emperor and maintain the stability of the royal family" Power of government.

Externally, all the rich worlds have been incorporated into the empire’s territory. The cost of conquering the war and the difficulty of management have increased significantly. Coupled with the continuous war of attrition with the Holy League, the empire has lost a lot of blood and reached the goal of expansion. limit.

A country of immortality such as the true human empire, its vitality lies in its constant invasion and conquest, using the blood and bones of the conquered to pour the prosperity of the conqueror.

Once the pace of conquering stopped, the soap bubble burst suddenly.

The first economic crisis that swept the entire empire broke out. Many people went bankrupt overnight. All kinds of bonds, stocks, and equity they bought became a piece of waste paper. More people owed debts that would never be paid off in their lives. The people became slaves.

At that time, there was one of the most famous cases. There was a high-ranking immortal cultivator named Pang Qingyun, who claimed to have a way in the court and knew that the court was about to launch a "five million light-year expedition". He breathed a sigh of relief. Conquer the Great Thousand Worlds marked on a dozen or twenty ancient star maps, and he Pang has obtained the right to follow-up colonization and management of three of the Great Thousand Worlds. He has a nose and an eye.

In order to raise a large amount of development funds, he split these colonization and management rights to sell, and promised a super high rate of return, such as "doubling ten times a year for three years" and so on, tempting a large number of greedy people to invest in their wealth. .

In the beginning, Pang Qingyun did what he said. Not only did he return high interest rates on time, he also dragged investors to various starports, saying that this is the empire’s expeditionary force, that is, his colonization fleet, which is delicious and delicious. Not to mention, I also made a variety of beautiful renderings and even immersive illusions, depicting the bright future of the development of the new colony, and all investors are flickering and exulting.

In the end, not only a large number of people invested a lot of money, but even many immortals and even sects believed in him, and smashed the coffin board into the illusory colonization plan.

As a result, the empire changed its policy of colonization due to economic crisis, financial constraints, and military expenditure. In principle, it no longer sent large-scale expeditionary forces to explore the outer domain as in the past, but developed a technology called "Star Boy". , In the future, we will use "Star Kids" for small-scale and more precise exploration.

This also means that the era of great development of the empire is over, perhaps forever!

Pang Qingyun’s lies were self-defeating, and angry people surrounded his "development group". Only then did he realize that he was playing a trick of tearing down the east wall to make up for the west wall, borrowing new money to pay off old debts, and countless people are because of him. After jumping off the building, his tricks were also known as the "Ponzi scheme".

Pang Qingyun's scam is just a trivial one among the thousands of soap bubbles that have been broken in the era of economic crisis, and there are more and bigger Ponzi scams that have devoured the wealth and even the lives of countless people.

Instead of helping the imperial court to fight the economic crisis, the four electoral families that were ill-intentioned did not help the imperial court to fight against the economic crisis. Instead, the economic crisis intensified, greatly weakening the imperial court’s final authority and vitality, and making a fortune in the country.

As a result of this economic crisis, the Empire Crystal Coin announced its decoupling from the best spar. Both ordinary people and low-level cultivators can no longer use a stable price to go to the bank and spar reserve bureau to exchange for the best spar, only at the market price. buy.

The average price of various spars in the market has increased by a full thirty-fold in one year. Spars are the source of production. Spars have soared and prices have also soared. Everything has risen, only wages and currency values ​​have not risen—in other words , It is the imperial coin that has depreciated 30 times in value within one year of announcing its decoupling.

The wealth of all imperial citizens was looted by the four major electoral families.

The four major families, who had robbed a large amount of wealth, took the opportunity to control the government and possessed the power to mint their own coins.

Although it is also called the "Imperial Crystal Coin" in name, the four banks under the names of the four major families all have the right to issue. An "Interbank Joint Conference" replaces the power of the original Imperial Central Bank, which is equivalent to the emperor's money bag. It's all taken.

The four big families colluded together for profit, and the struggle with each other was very fierce. It is conceivable that they don't care about the issue of stabilizing the currency of the empire. Anyway, as long as the economy of their territory can be maintained, the **** flood outside!

Since this year, the imperial coin has been running wildly on the road of devaluation, and its value has been diluted to no more.

And another horrible news gave the Empire a fatal blow to the empire’s crumbling economy and monetary system. At first, didn’t the Empire Central Bank and the Spar Reserve Bureau backed by 5 billion tons of the best spar, these best products? The spar has always been the reassurance and ballast stone of the empire, but since that year, there have been rumors among the people that the five billion tons of the best spar has been divided up by the four big families long ago, and by the four big families. The high-ranking monks, those Nascent Souls and Transformation Gods, were consumed in cultivation!

"The four big families have divided up 5 billion tons of the best spar, and consumed all of them, so that they can cultivate so many golden cores, soul infants and gods all at once, and their strength has suddenly expanded!"

Although the imperial coin has been decoupled from the best spar, such appalling rumors still severely smashed the last trace of confidence in the empire by the aspirants. Said it is a rumor, more like a plague and curse, and completely defeated the imperial financial market. And the economic and monetary system, those who truly believed in the Taoist Road of Xiu Xian, were all disillusioned.

In the following hundreds of years, the empire broke out several economic crises, and gradually became what it is today. The warlords are divided, the economy is chaotic, and the locals are doing their own things. The root of it lies in people-from ordinary people to immortals, from low-level immortals. As far as the Nascent Soul and the Huashen boss, they don’t believe in Imperial Coins at all, and they don’t even believe in a copper plate!

If it weren't for this, it wouldn't be a big empire. After more than ten years of expedition, he still played triumphant songs and triumphed all the way, but once again fell into the quagmire of total collapse!

What’s more terrible is that not only does the imperial crystal coin have precedents of currency instability and vicious depreciation, but all currencies have been virtualized and paperless this year. There is no more paper currency concept 10,000 years ago. All transactions are passed through. After Lingwang is completed, no amount of wealth is a series of zeros in the account.

The imperial authorities will not be shameless enough to directly tamper with the numbers in the citizens’ accounts. The problem is that all transactions on the Lingnet will leave traces. All production and consumption information of everyone is controlled by the authorities-this authority, sometimes the local warlord. , Sometimes it is the family of the four major electors, and sometimes it is the so-called majesty of the emperor.

With this information in hand, the wealth status of all the empires can be grasped. Naturally, they can pluck the hair, knock the bones, and even swallow the belt bones, and squeeze them cleanly.