Chapter 227 The trial is approaching
Seeing that Lingshi Mining stocks soared as expected, Lu Yang immediately announced the final issuance price of the second Lingshi Mining stock through the stock exchange:
The issue price per share is 990 Yuan Lingshi Coin!
Even at such a high price, cultivators are still eager to get the second issuance of Lingshi Mining stocks.
Cultivators can settle accounts. As long as the issuance price of Lingshi ore is less than 1,000 yuan per share, buying stocks through loans and then paying interest through stock dividends, it is a profitable arbitrage behavior.
After understanding this, loan requests from major sects rushed to the Spirit Stone Reserve Bank of the Wuliang Sword Sect like snowflakes.
After careful calculations, Lu Yang decided to set the total credit amount of the first wave of central bank in the history of the cultivation world to 9.6 billion yuan of spirit stone coins. This figure alone has exceeded the previous total circulation of spirit stones and spirit stone coupons in Zhongzhou!
If we include the nearly 12 billion yuan of spirit stone coins that have been exchanged before, Lu Yang's credit currency issuance has achieved a decisive victory.
If the market deflation occurs, he will directly issue spirit stone coins to purchase spirit stone mine stocks through the Spirit Stone Reserve Bank and place spirit stone coins to the market; and if inflation occurs, he can recycle liquidity from the market by selling spirit stone mine stocks held by the Spirit Stone Reserve Bank.
After launching the credit loan, there were three different sources of collateral for all the spirit stone coins issued by the Spirit Stone Reserve Bank, namely the credit loan just issued, the spirit stone mine equity issued by the stock exchange, and the spirit stone exchanged from the monks.
In this case, the mainstream currency in the cultivation world unknowingly transformed from using spirit stones as anchors to three different anchors of credit loan spirit stone mine equity spirit stones.
Since the term of Lingshi Coin Credit Loan is as long as 10,000 years, Lu Yang's currency system can almost guarantee that the financial stability of the True Realm will last for ten thousand years. Even if there is any accident in the middle, Wuliang Sword Sect can continue to sell equity in Lingshi Mining to extend its life to this credit currency system.
Although the ownership of the spirit stone mine of the Wuliang Sword Sect has been diluted, the revenue from the stock exchange is enough to make up for this loss, not to mention that after the construction of the capital market infrastructure is completed, there are not many kinds of charging sources.
As long as this system can operate smoothly, Lu Yang's position in the history of cultivation finance will surely surpass the two predecessors, Bo Nanke and Ye Lun, and become the real number one person in history!
As a large number of sects, including the Wuliang Sword Sect itself, signed credit loan agreements with the Lingshi Reserve Bank one after another, Lu Yang's merits surged like a wild dog that was out of control.
Lu Yang was holding two loli in the Wuliang Sword Sect and bent, and a third gold wheel of merit appeared behind his head; he went to the stock exchange to observe market sentiment, and a fourth gold wheel of merit was added behind his head; he touched the fish in the office of the chairman of the Lingshi Reserve Bank, and a fifth gold wheel of merit was condensed behind his head.
According to this progress, when the 9.6 billion spiritual stone credit loan is issued, Lu Yang is likely to condense the sixth merit golden wheel.
Lu Yang is also expected to become the third legendary monk to condense the six merit golden wheels since the second heavenly crisis.
What's even more powerful is that he has achieved this with his mere low-grade spiritual root qualifications and just achieved the third level of Qi Refining!
Even Ma Tianyi once lamented that Lu Yang's merit accumulation speed was even more exaggerated than his master Bo Nanke back then.
At this accumulation rate, even if Lu Yang was so crazy that he slaughtered several towns in a row, the merits he had accumulated were enough for him. If someone dared to attack him on the land of Jiuzhou, he might be afraid that the attacker would have gone astray before the attack hit him.
Lu Yang, a combination of low cultivation and high merits, can be regarded as a human-shaped auspicious person on the land of Jiuzhou. Even if he stretches his head over and lets someone cut it off, most people with insufficient merit will not be able to kill him.
As the blueprint for Luyang's currency reform gradually unfolds, the Lingshi Reserve Bank is like a huge vortex, attracting the financial wealth of the Jiuzhou continent.
Under the impact of the third spiritual stone financial crisis, the already shaky Jiuzhou Monetary Union, like a castle on the beach, collapsed and collapsed at a speed visible to the naked eye. Spirit stone coins quickly replaced spirit stone coupons and became the main circulating currency in major states.
Under this situation, the merits provided by the Jiuzhou Monetary Union to the seven major sects were rapidly reduced, as if even the Heavenly Way believed that the Jiuzhou Monetary Union had been in name only.
No one expected that the Jiuzhou Monetary Alliance, which was created by Bo Nanke, which gathered the power of the seven major sects, was completely disintegrated from the inside by the Wuliang Sword Sect with the power of the third spiritual stone financial crisis.
Faced with this situation, the great monks of the transcendent sect were helpless except incompetent and furious. And the world-wide sect masters like Yi Yuanzu asked Ma Tianyi every few days whether they could join the Spirit Stone Reserve Bank in advance due to their own sects.
The financial situation in the cultivation world is surging, and the work focus of Lu Yang, the initiator, has gradually been on maintaining the stability of the capital market.
Any capital market is extremely immature in its early stages of birth, and is particularly prone to sudden surges and plummeting due to emotions in a short period of time. Lu Yang naturally had expected this situation.
Unlike the Chinese financial regulatory agencies that advocate the protection of investors' rights and interests, Lu Yang has long believed in the Darwinian theory of capital market social "leeks cannot be educated, but can only be eliminated."
Therefore, not only did he not formulate investor protection measures, he even applied for additional credit loans from the Lingshi Reserve Bank through the Wuliang Sword Sect, and then directly took the money to sell leeks in the stock market.
Lu Yang held the Wuliang Sword Shop Stock Exchange with his left hand and the Lingshi Reserve Bank with his right hand. He was both a referee and an athlete. He can be regarded as a leek combine harvester in the capital market.
In just over a dozen days, Lingshi Mining stocks had several rounds of big rises and falls under Lu Yang's manipulation. In addition to the lucky ones who entered the market early, most cultivators who were addicted to gambling almost lost money in the stock market, and a large number of cultivators gradually disappeared. In a short period of time, the Wuliang Sword Sect almost robbed the entire cultivating world of the private wealth.
A large amount of surplus began to appear in the Lingshi Reserve Bank account, which could even feed back to the sect’s finances.
This made Li Rui, who had been in charge of the sect's financial power for many years, stunned. He had never seen such a crazy plunder of wealth in his life!
This is nothing. What made Li Rui even more admired was that Lu Yang led such a large-scale transfer of wealth, but did not trigger any social crisis, and it was recognized by the way of heaven. There were even many leeks who did not know the truth. They were grateful for the "national team rescue" behavior led by Lu Yang.
Is there any way to count money for people after being sold?
It's also interesting. People who speculate on real estate on earth will cause trouble if they lose money, and people who burst into p2p will also cause trouble. However, people who lose money in stocks rarely see people causing trouble. At most, they say "Skills are not as good as people" and then leave silently.
It seems that no matter which world, investors are the most stable social group.
With Lu Yang's intensive harvest, the leeks that trade randomly on stock exchanges have rapidly decreased, the trading volume has begun to continue to decline, and the entire market has also stabilized. The number of monks gathered in the Wuliang Sword Sect stock trading square has gradually dropped from tens of thousands to a scale of one or two thousand. The equity price of Lingshi Mining has also begun to fluctuate narrowly around the range of 900-1100.
As the issuance of stock exchanges and spirit stone coins gradually stabilized, the focus of the entire cultivation world has turned to another major event:
Extraterritorial battlefield trial!
Chapter completed!