The Fourth Financial Crisis

Although the crisis of the Luo Family Chamber of Commerce has temporarily subsided, the impact on the reputation of the Lingshi Coin cannot be completely repaired.

Because everyone knows that the equity of the Shui Lingshi mineral vein under the name of Wuliang Sword Sect is not endless. Although Wuliang Sword Sect, as the founding institution of Lingshi Reserve Bank, has enjoyed the immeasurable merits brought by Lingshi Reserve Bank, Wuliang Sword Sect has In order to maintain the credibility of Lingshi coins, the largest number of Lingshi coins were publicly issued. The first batch of Lingshi coins issued that year was Lu Yang, the founder of Lingshi Reserve Bank, who took out 10% of the Lingshi Sect's Lingshi coins. Stone ore vein equity for credit endorsement.

As Lingshi coins gradually replaced Lingshi coupons, the currency demand for Lingshi coins also continued to surge. The seven major sects successively took out part of the Lingshi mine equity for public issuance. Now the Wuliang Sword sect only holds its own 79.9% of the equity of Lingshi Mine, while the average equity of Lingshi Mine listed by the other six sects is only about 12%.

However, the Wuliang Sword Sect has sacrificed a lot for the Lingshi Reserve Bank, which does not mean that the Wuliang Sword Sect has suffered a loss.

Because the staff of the Lingshi Reserve Bank are mainly from the Wuliang Sword Sect, most of the merits have been taken away by the monks of the Wuliang Sword Sect. The other six sects have not received much benefit in the first place, and they want the other six sects to take it. It is unrealistic to give out one's own shares in the spirit stone veins to stabilize the purchasing power of spirit stone coins. Therefore, the Wuliang Sword Sect offered the largest share of the spirit stone veins, which can be regarded as an exchange of equal value.

It is precisely because the credit of Lingshi Mine is very strong, every share of Lingshi Mine equity can be said to be a very precious strategic resource, and each of the seven major factions has specific proportion of Lingshi Mine equity to endorse Lingshi Coin. , which was finally discussed after numerous rounds of meetings of the Monetary Policy Committee.

After all, the spirit stone veins are the foundation of each sect. Even if they lose 1% more equity, it will be an immeasurable loss for the seven major sects. Therefore, during the negotiation process, no one is willing to suffer even the slightest loss.

Had it not been for the coercion and inducement of the three Ascended Immortals and the negotiation by the seven major factions alone, even if there were 10,000 meetings of the Monetary Policy Committee, it would have been impossible to reach any conclusion.

It is precisely because the spirit stone veins have strategic significance for currency issuance, and can even be said to be an important political bargaining chip for various sects to compete with each other. In the Arctic State without spirit stone veins, there has never been a truly overlord-level sect, even in the Arctic. Even if Han Palace has Yin Huaiyuan, a late Yuanying monk.

Nowadays, the shareholding of Lingshi Mines under the name of Wuliang Sword Sect has fallen below 80%. In the eyes of many cultivators, the foundation of Wuliang Sword Sect has been seriously shaken. Without the pressure from the Ascension Immortal, the major sects have not May they unite again to overcome the difficulties, and the Infinite Sword Sect can only rely on themselves to remedy the credit problem of the Lingshi Coin.

This kind of unilateral cutting of flesh is definitely not a long-term solution.

Even though Mo Yunlan is the top financial manager of the Wuliang Sword Sect, and even though Lin Jianxing rarely sides with Mo Yunlan and agrees to sell the equity in the Lingshi mines to ensure the purchasing power of Lingshi coins, there is still extremely strong tension within the Wuliang Sword Sect. Even the two relatively neutral Supreme Elders Cheng Shuying and Ren Tianyuan clearly raised their objections.

The last decision to issue additional equity in Lingshi Mine was barely passed at the last minute. The level of difficulty was even higher than the resolution passed by US imperialism to increase the debt ceiling bill. It is almost impossible to pass a similar resolution again in a short time. Mission impossible.

If such a shocking scandal breaks out again at the Lingshi Reserve Bank, the picture is so beautiful that Yuntianhua cannot even imagine it, because the credit problem of Lingshi Coin this time is entirely Lin Jianxing's personal responsibility, and Mo Yunlan will never agree to replace him Wipe your ass!

However, Yuntianhua cannot sit idly by like Mo Yunlan. If he cannot handle such a vicious incident, then what authority does he, the president of Lingshi Reserve Bank, have?

But then again, after all, Lin Jianxing is the leader of the Wuliang Sword Sect and a sixth-level monk of Nascent Soul, while Yuntianhua is only a late-stage Jindan monk of the Wuliang Sword Sect, and is not the kind of leader who is courageous in doing things. If he was asked to go to Lin Jianxing in private to question him, it would be easier to kill him directly.

Faced with this dilemma, Taishang Elder Wen Hanqing also expressed that she was helpless. She did not report the detection process of the counterfeit banknote case to Lin Jianxing throughout the whole process, and also tacitly allowed Yuntianhua to use the power of Pan's Trading Company to investigate the case. This was considered as her utmost kindness to Yuntianhua. , it is no longer possible to take the risk of challenging Lin Jianxing.

After all, her status is very embarrassing. As a secular monk, she has the power of Pan's Trading Company. If she plays well, she will have both sides. If she plays poorly, she will be in a dilemma. It is true that in Three Eggs Dance on...

Just when Yuntianhua was hesitant, someone helped him make up his mind.

Just two days after the investigation results came out, Xiu Zhen Financial Weekly across Jiuzhou received anonymous submissions at the same time. The content of these anonymous submissions was also surprisingly consistent, which was the whole investigation of Lin Jianxing instructing Liu Hanxing to print counterfeit banknotes.

Obviously, this is an insider from Lingshi Reserve Bank, Pan's Trading Company, or Haiya Chamber of Commerce!

If only the "Cultivation Financial Weekly" in Zhongzhou received the submission, the Wuliang Sword Sect and the Lingshi Reserve Bank would still be able to suppress the matter. However, if the editorial departments of all the "Cultivation Financial Weekly" in Jiuzhou received the submission at the same time, then it would not be a certain person. The cultivation forces at home can suppress it, not to mention that there is no airtight wall in this world. Even if the seven major sects and the six extreme northern sects have a tacit understanding to suppress this matter at the same time, various gossips may have spread long ago. Out.

Especially for a continent like the Arctic State, where various forces are complicated, even the Arctic Palace does not have a single authority. It is not too difficult to unite to block the news.

With the help of thoughtful people, although this matter was never officially reported, the rumor spread throughout the land of Kyushu in an instant!

For a time, the financial market of the entire Kyushu cultivation world exploded. Even the popularity of the Qishan Prison escape incident was suppressed by this major counterfeit banknote case.

At the beginning, there was a brief plunge in the black market exchange rate of Lingshi coins for spot Lingshi. However, this plunge quickly stabilized. However, just when everyone thought that the matter had temporarily passed, major commodity exchanges Suddenly, large abnormal orders began to appear in the exchange, and all kinds of cultivation resources were swept away using spirit stone coins, and all futures and spot stocks were wiped out.

This is because a large investor with a keen sense of smell realized that the credit problem faced by Lingshi Coin this time may not be an ordinary problem, so he decisively sold the Lingshi Coin in his hand.

The large-scale shipments and the smashing of the market also made more people realize that if the spirit stone coins could be blindly printed by Lin Jianxing, wouldn't it mean that the spirit stone coins in everyone's hands would be waste paper sooner or later?

No one thinks that Lin Jianxing will return from his lost ways, because just the hundreds of millions of spirit stone coins he printed have caused huge losses to major overseas sects. Lin Jianxing simply cannot afford to pay for this money. In other words, he is now You can only make mistakes, and the road will become dark!

As more and more people come back to their senses, the purchasing power of Lingshi coins in major trading markets has also dropped like a waterfall. In some large black markets, the purchasing power of Lingshi coins exchanged for spot Lingshi has even plummeted below 25,000: 1.

In just one day, the drop reached 40%!