After Lu Yang's shocking speech ended, the rest of the content of this "Spirit Stone Monetary" became a little boring.

Mo Yunlan just introduced the very basic and classical monetary theory on the earth, similar to the basic principles of Fisher's equation (called "Yelun's Axiom" here), and then hurriedly announced the get out of class to be dismissed.

Through Mo Yunlan's introduction, Lu Yang learned that the understanding of monetary theory in this cultivation world is probably only equivalent to the level of the earth at the beginning of the 20th century. For a civilization with a history of more than 6,000 years, the speed of progress is indeed a bit too slow.

Not to mention anything else, it has been almost 1,500 years since Bo Nanke invented the Jiuzhou Monetary Union system and now that the Jiuzhou Monetary Union system is in crisis. In comparison, the entire process of the Bretton Woods system on earth took only a few decades from its birth to disintegration.

Lu Yang believes that this should be related to the dual social structure of the cultivation world.

This world of cultivation is to some extent very similar to the sacred empire. Cultivators and mortals, nobles and untouchables all constitute a completely dual social structure.

Although the world of cultivation has a fig leaf like "the way of heaven", which makes the oppression and opposition between immortals and mortals much smaller than the barriers between nobles and civilians in the Holy Empire, this cannot change the world between mortals and cultivators, and they are completely like two different species.

With the help of cultivators, the mortals in this world live much better than those on ancient Earth.

But good fortune is the basis of misfortune. It is precisely because of the existence of immortal cultivators that the self-evolution of the mortal civilization in this world is also locked down.

All mortals in this world agree that only by becoming a cultivator is the right way to life. Just like the ancient Chinese civilization, "Everything is inferior, only the imperial examination is high", studying knowledge other than cultivating immortals is not a good job in the eyes of ordinary mortals.

Even if a person without the qualifications to cultivate immortals, he learns such knowledge as how to serve the cultivator. His life ideal is to save more wealth, and then hope that his descendants will be discovered one day to cultivate immortals, thus leading the family to soar into the sky.

Therefore, 99.9% of the population of this vast world has almost no contribution to the progress of cultivation civilization.

In the world of cultivation, most of the high-end knowledge is mastered by cultivators. In the mortal school, only some common sense of cultivation can be learned. The dragon-slaying technique such as monetary policy and finance is studied by only the seven major schools of Jiuzhou.

The development speed of the entire cultivation civilization is completely grasped by cultivators who only account for 0.1% of the total population. Therefore, this civilization in the cultivation world also faces the problem of insufficient effective population.

Lu Yang didn’t know how many people there were in the cultivation world, but even if there were tens of billions of people, the number of cultivators was only tens of millions.

In theory, there are not many effective populations at the level of tens of millions, but only tens of millions of cultivators cannot be considered to be effective populations in the true sense.

Although these cultivators have a long lifespan, they spend 90% of their lives in seclusion and practice in seclusion. The concept of time is extremely vague and social activities are extremely inactive. It is possible that a cultivator who is hundreds of years old can only participate in social activities for more than ten years, and the rest of their time is doing things like reciting and reciting scriptures.

In terms of social experience and mind, the old monsters in this world are not necessarily much better than ordinary earthlings in the Information Age.

And in this small part of the time when participating in social activities, cultivators are studying how to accumulate merits, kill demons, and not how to promote social development.

Focusing on personal abilities and neglecting social development can be said to be a true portrayal of this world of cultivation, and this is also the fundamental reason for the slow development of the world's monetary policy theoretical system.

By the same token, due to the huge gap between the cultivators and the mortals, the monetary system between the mortals and the cultivators is also completely separated.

For example, when Lu Yang attended the Ascension Conference, his entire net worth was only 3 taels of silver, equivalent to less than 30 cents of spirit stone coupons. As Li Rui's personal disciple, Xuefeng's annual salary was equivalent to more than 400 spirit stone coupons, and his annual income was tens of thousands of times that of ordinary people.

Therefore, whether it is Ye Lun's three-primary system or Bo Nanke's Jiuzhou Monetary Alliance system, they are all spiritual stone-based monetary systems targeting cultivators, and they only take into account the gold standard system of mortals. In addition, 99.9% of the world's wealth is mastered by 1% of cultivators, so the impact of mortal civilization on the world's global monetary system is almost zero.

The immortal cultivator has a long lifespan, is born to love to recite scriptures in seclusion, and his economic activities are extremely inactive. 1,500 years is equivalent to 50 years of earth civilization for the cultivation world, which greatly delays the collapse of the Jiuzhou Monetary Union system.

However, because the cultivator in this world has a very long lifespan, as long as a genius appears, the entire world can be moved forward a big step forward.

Take Bo Nanke as an example. Within less than a week after Lu Yang came to this world, he learned that this generation of genius discovered the three laws of cultivation with his own strength, constructed the Bretton Woods system of cultivation, and studied a systematic scientific practice method like "The Shorthand of the Heart Sutra"...

This is just the part we know so far. Maybe Bo Nanke has other contributions, and Lu Yang has not fully understood it yet.

Such a god-man who is both literary and scientific, and who is talented in civil and military affairs is even stronger than Sir Isaac Newton, the first genius in the history of the earth. It can be said that he has pushed the cultivation civilization forward with his own strength.

This is also the embodiment of personal ability to maximize its performance in the society of cultivation.

But after the fall of this genius, the social development of the entire cultivation world once again stagnated and its development was extremely slow.

The later the civilization goes, the more emphasis is placed on the importance of social cooperation. The academic research model of fighting alone in the cultivation world becomes more and more difficult to sustain.

Let’s take monetary policy as an example. The one who is really studying cutting-edge monetary policy in this world may be Li Rui and his apprentices. But just because of these few people working behind closed doors, it is difficult to build a brand new monetary system suitable for tens of billions of people.

For comparison, when studying monetary policy, the monetary policy experts on the earth can pull nearly one teacher.

After all, cultivators still regard theoretical research as a means of making merit and tricks, and their ultimate goal is to improve their cultivation.

After the class, Mo Yunlan specifically encouraged Lu Yang, saying that although Lu Yang had poor cultivation qualifications, he had insights in cultivation economics. He hoped that Lu Yang could continue to work hard and continue to study the basic principles of "quantitative easing" and "credit currency". Once a breakthrough in the credit currency theory occurs, the merits that Lu Yang can obtain may not be less than those of Bo Nanke, who created the Jiuzhou Monetary Alliance system back then. With the blessing of the six merit golden wheels, Lu Yang is completely likely to have the cultivation qualifications equivalent to the top-grade spiritual roots and become a great monk in the Golden Elixir stage.

After seeing Lu Yang nodding humbly, Mo Yunlan transformed into a ray of light and headed straight to where Li Rui was.

Even though Lu Yang's theory is not yet mature, Mo Yunlan can't wait to report it to his master.
Chapter completed!