Chapter 2524: The economic crisis of the empire (2/2)

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.