Chapter 653: Exchange Rate Weapon

Volume 1, First Pot of Gold, Chapter 653, Exchange Rate Weapons

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Early the next morning, the merchants of the Federation came to the market early in the morning, leaned against the deserted stalls, and looked at the merchants of Qingshan Town with angry faces on their faces.

Although the chambers of commerce to which they belong are different, they are all inextricably linked to the same name.

Liu Jin, the salesman of the Steel Gear Chamber of Commerce, although he entered the Chamber of Commerce by relying on the nepotism of the boss Liu Hong, his good business strength was immediately unanimously recognized by the shareholders of the Chamber of Commerce, and he was repeatedly entrusted with important tasks by the Chamber of Commerce.

At this moment, as one of the masterminds planning this dumping incident, he was leaning against the door of the grocery store belonging to the Steel Gear Chamber of Commerce, looking at the depressed market with a playful eye.

To be honest, although he is sure that this trade war will be won, he is still a little apprehensive in his heart.

After all, NAC is a violent institution, and if he can't play it financially, he can't do anything about it. Although this will cause great damage to the influence and credibility of NAC, the steel gear chamber will undoubtedly suffer some losses.

The boss Liu Hong judged that Jiang Chen would not sacrifice the influence of the entire NAC for the sake of the market in Qingshan Town. But to be honest, as one of the masterminds, he is very uncertain.

The iron-faced militia held their hands to the entrance to the market, and signaled with their eyes to the local merchants who wanted to make trouble not to be impulsive.

Although they already knew something inside, they were also resentful of the actions of these federal merchants, but as soldiers, there was nothing they could do about it. Their task is to maintain the security of the market, not the financial order.

As the price of nutrient mixtures fell, the land price of Jinxi Lake Farm fell in response, and it has fallen by 30% since three days ago.

The Federation used the nutrient mixture that they had hoarded for two years to sell intensively in a few days, although they lost close to one million crystals in this business, as long as these appreciated crystals were quickly exchanged for land, they would get ten times the profit they lost!

There wasn't much of a mixture left in the van behind them. But that's okay, no one is going to buy that thing now.

The price of B-grade nutritional mixtures has fallen to the floor price of 1 subcrystalline and 10 pieces, while the C, D, and E quality nutrient mixtures synthesized from xenomorph flesh and blood below B-grade have become unwanted.

That's what it is now. For every ton of mutated fruit produced, farmers have a net loss of 10 subcrystals, and processing plants have a net loss of 1,100 subcrystals for every ton of B-grade nutrient mixture produced.

A nutrient mixture processing plant within the Hongcheng area. Production has been completely shut down and about 600 workers have been laid off.

The drop in the price of nutritional mixtures has led to a decline in the prices of a range of commodities such as rifles, bullets, protective gear, medicines, etc., but this has not improved the lives of the locals, who are no longer able to afford them. The reason for the decline in prices is simply that there are fewer subcrystals circulating in Qingshan Town.

These cheap necessities are usually bought by outside merchants. And 80% of these necessities go to the Federation.

Soon Qingshan will usher in an economic depression, and people here will find that the market is cheap, but they just can't afford it......

However, these merchants from the Federation did not laugh for long.

Not long after the market opened, the people of the Zhao Group put up a sign in the market.

[B-level nutritional mixture for credits, 1 credit for 10 nutritional mixtures.] 】

B-grade nutritional mixture is the largest part of the food consumption market, and the raw material is mutated fruit, and its output is more than that of several other types of stable dìng, basically its price affects the price of other nutritional mixtures.

And for the credit point, the people of Hongcheng are no strangers. NAC within the control area. As long as you can receive a signal, you can access your bank account in the sixth block through guòep, interact with other accounts, and complete operations such as payment and collection.

In addition to electronic money, banks in the Sixth Block also issue a certain amount of banknotes for merchants to use in other places. It is precisely for this reason that NAC banknotes can also be seen in other regions outside of Suzhou and Hangzhou provinces. As long as it is a caravan heading east, it will recognize this thing.

Currently, the accepted exchange rate of credits to subcrystals is 1:5. In the farther away it could be 1:4, or 2:5. However, in Hongcheng, the standard exchange rate of 1:5 is still used.

Under normal circumstances, the price of 1 B-grade nutritional mixture is 0.5 subcrystals. The current market price is 0.2, which translates to 0.04 credits.

But what does Zhao Group mean by this?

A nutritional mixture is purchased for 0.1 credits, which is intended to forcibly raise the price of the nutritional mixture?

Liu Jin smiled disdainfully.

At this time, it is too late to do anything, even if they do not hesitate to feed this already indigestion market to eat "stomach medicine", it will not help. Survivors will be happy to sell their nutritional mixture for 0.1 credits, but will they be happy to buy it for 0.1 credits?

Moreover, they have achieved the purpose of raising the value of subcrystals. Not to mention that the survivors here are not yet accustomed to the currency of credits. Even if everyone agrees on the value of credits, high-value subcrystals are still the strongest currency.

Unless the NAC transports the subcrystals here from somewhere else, truckload by truck, and forcibly injects them into the market, no matter what they do, it will be in vain.

"Liu, Mr. Liu. ”

"What's the matter?" Liu Jinle looked at the shopkeeper who came over.

He is in a good mood now, and soon he will lead the Steel Gear Chamber of Commerce to fire the first shot to monopolize the Hongcheng nutrition mixture market!

However, just as he imagined what the Chamber of Commerce would do to him when he returned to United City, his buddy trembled and handed over the newspaper in his hand.

"What is this?" Liu Jin frowned slightly and took the newspaper from the man's hand.

"Newspapers in the Sixth Block...... Our caravan over there, scanned photocopies. ”

Liu Jin opened the newspaper and slowly scanned the contents of the newspaper. However, when he saw the headline for the first time, his heart pounded violently.

[Ten heterogeneous ranches in Wanghai City announced an increase in production at the same time, and the value of subcrystals may usher in the largest decline in this quarter. 】

[The bank in the sixth block has raised the official exchange ratio of credit points to Yajing, from the original 1:5 to the current 1:10!]

At the same time, NAC issued an announcement that due to the overcapacity of Yajing Ranch, Yajing is currently in a state of oversupply in the sixth block. In order to encourage investors to settle with credits with stronger purchasing power, all property transfer procedures in the area covered by the NAC signal must be carried out using credits.

If you insist on using subcrystalline for transfer, you will be charged a high VAT on both the buyer and the seller......

Seeing this, looking at the shop of the Zhao Group, which was gradually surrounded by the crowd, Liu Jin's head broke out in a cold sweat.

It's shameless to shoot directly at the exchange rate!

This is not over, this combination punch played by NAC directly sealed the possibility of them wantonly buying the real estate in the hands of bankrupts! Not to mention anything else, in the past five days, they have used the hoarded nutritional mixture to realize the subcrystals at a loss, and they have directly smashed them in their hands!

At this time, even if they were holding tons of subcrystals, no one would trade with them. Unless they pay a greater price and sell the acrystals in their hands at an exchange rate of 1:15 or even 1:20, no one will use the credit points in their hands to exchange for the acrystals in their hands when the acrystals are facing a sharp depreciation.

The gear chamber of commerce has been completely "trapped" on the subcrystal!

It's all over......

Liu Jin sat down on the ground in a daze, and he felt his brain a little dizzy. Pushing away the man who had tried to lift him up, he ran back to the store and pulled the phone out of a drawer.

He now needs to get in touch with his boss in the shortest possible time.

At this moment, Liu Hong, the boss of the Steel Gear Chamber of Commerce, was also sitting on the office chair in a daze, looking at the ceiling of the office in a daze.

There was a shrill ringing ringing in his ears, but he didn't want to take it.

Just half an hour ago, the wealth in the hands of the Steel Gear Chamber of Commerce had shrunk by half, and the shareholders had already blown up his phone.

He considered various situations, including the fact that the NAC did not hesitate to buy nutritional mixtures from civilians at a premium and forcibly maintain prices. It also considered the NAC breaking the free trade agreement, following the example of the empire, imposing high tariffs on foreign businessmen, and avoiding a depression in the market at the cost of raising the cost of living for the locals.

However, he didn't take into account that the people of the NAC would actually go under the knife of the currency itself.

And this knife directly cut off the arms of the Steel Gear Chamber of Commerce.

Suddenly it caught people off guard.

After being silent for a long time, Liu Hong silently took out a cigarette from his pocket and lit it to his mouth. He rarely smoked in his office, and although he was the most powerful man in the entire Federation, he kept himself under strict control. But now...... He needs a proper amount of relaxation.

Closing his eyes, Liu Hong leaned back on his office chair and began to think about the next countermeasures.

However, to his despair, he couldn't think of a good way to do it. If NAC is determined to implement a new currency in Hongcheng, even if the Steel Gear Chamber of Commerce controls more subcrystals in its hands, it will not be able to carry the weapon of this exchange rate.

They can't afford to wait for the value of the crystalline to return......

Just then, his secretary pushed open the door and walked in.

Looking at the pretty figure under the suit, Liu Hong was bored for the first time.

"What's the matter? I told me to be quiet. ”

"Boss......" Secretary Xiaoru swallowed and foamed.

"Hurry up. Liu Hong pinched his brows and said impatiently.

"Our third shareholder, the stock exchange of the Federation of Tongguò, sold his shares to NAC. Xiao Ru said quickly.

In an instant, Liu Jin's eyes were red, and he suddenly stood up and grabbed his secretary by the collar.

"What did you say! Wu Qian's bitch sold the stock to NAC?!"

"Yes, yes. Xiao Ru trembled and replied with difficulty breathing.

Liu Jin let go of the secretary's collar and sat back in the office chair in despair.

Xiao Ru coughed desperately, and inadvertently, she glanced at her boss.

She was surprised to find out.

The high-spirited business leader seemed to be a teenager in an instant...... (To be continued.) )