Chapter 437: Gold Nobody Wants
After Xiucheng's super-large space magic array was completed, Ji Xiu continued to order people to build a space magic array with a diameter of about ten meters in Tianlan City, in the past, the space magic array with a diameter of ten meters was called a large space magic array, but now in front of the super-large space magic array with a diameter of two hundred and sixty-eight meters, the space magic array with a diameter of ten meters can only be called a small space magic array.
This is because the standard has been raised, and the previous name has become inapplicable, so Ji Xiu redefined the standard of the space magic array, with a diameter of more than two hundred meters called super-large, a diameter of more than 100 meters called large, a diameter of more than 50 meters called medium-sized, a diameter of more than 10 meters called small, and less than 10 meters called miniature.
A small space magic array can teleport six people at a time, and if you can teleport goods, you can even teleport a tank.
Tianlan City is a large number of small space magic arrays, Ji Xiu wants to build Tianlan City into a transportation hub city of space magic arrays, transportation and logistics, will always be the insistence on economic development. The space magic array is much more diligent, and it will naturally attract merchants from all walks of life from the four empires to come, and the merchants come with gold coins to buy the magic board of Tianlan City and leave.
In Tianlan City, a large number of merchants from other places squatted in front of the door of the Wuxing Guild every morning, and 500,000 magic plates were snapped up every day. Outsiders need to go to the Wuxing Guild Bank to exchange currency, and first exchange the gold coins for battery coins before they can go to the Wuxing Guild to buy magic plates.
The price of the magic board is very cheap, selling for 300 yuan battery coins, according to the exchange rate of one gold coin for fifty yuan battery coins, which is equivalent to six gold coins.
The Wuxing Guild not only sells things, but also buys things like crazy, this is because Ji Xiu wants to short the gold coins, so the Wuxing Guild has to sell a lot of gold coins. The Wuxing Guild consumes gold coins like a floodgate, as if they don't treat gold coins as money, and the Wuxing Guild buys everything, buying everything in the hands of the Wuxing merchants, including food, minerals, land, magic props, antique cultural toys, etc.
It is precisely because of the large number of purchases of the Wuxing Guild that the goods that can be used for circulation in the Wuxing have decreased, but the number of gold coins has increased.
The amount of goods is limited, and the productivity of the black star is low, the number of goods has decreased, and there is no way to produce it in time, so the black star guild can easily buy out the entire black star's saleable goods.
One day when they woke up, they found that they had more money in their purses, but there were fewer goods in the shops on the street.
This led to severe inflation, and the purchasing power of gold coins increased day by day, from the fact that one gold coin could buy half a cow, then one gold coin could only buy a sheep, then one gold coin could only buy a pig, and finally today, one gold coin can only buy an apple.
In the past, it was a silver coin to buy an apple, but now a gold coin is a gold coin to buy an apple, and the purchasing power of gold coins has dropped by a hundredfold. In this case, the Wuxing Guild Bank constantly revised the exchange rate, from the original one gold coin for fifty yuan battery coin, to one gold coin for forty-nine yuan battery coin, and then to one gold coin for forty-eight yuan battery coin......
The Wuxing Guild continued to sell gold coins, causing the exchange rate of gold coins to continue to decline, and finally the exchange rate reached the point where one gold coin could only buy one yuan of battery coins.
In a short period of time, the gold coin exchange rate fell so rapidly, which caused extremely serious damage to the Wuxing people, and the little gold coins they had earned after working hard for half their lives finally became worthless.
As the number of gold coins in circulation increases, battery coins are becoming more and more popular, and in today's world, gold is not as valuable as a piece of paper.
Ji Xiu's Wuxing Guild has a very large amount of gold, and all the gold is minted into gold coins, and the number is as many as tens of billions. The Wuxing Guild used these gold coins made by itself to buy a large number of Wuxing's goods, and the gold coins naturally flowed into Wuxing, and the Wuxing Guild also got a large number of Wuxing goods.
When the value of gold is at its highest, Ji Xiu exchanges gold for goods, and Ji Xiu's act of selling gold is called shorting. Ji Xiu's short-selling behavior also needs to form an atmosphere of panic in the market, so that a large number of Wuxing people who don't know the truth will follow and sell gold, so that Ji Xiu can pry into Wuxing's financial market.
During the period when the Wuxing Guild sold gold coins, some Wuxing nobles began to hoard gold coins, but the combat effectiveness of these Wuxing nobles was too poor, and they couldn't play the Wuxing Guild, because the amount of gold coins thrown out by the Wuxing Guild was heavenly.
In the end, in order to protect their own interests, the nobles of the black star also began to sell gold coins, and the nobles of the black star began to contact the people of the Wuxing Guild and secretly exchanged the gold coins for battery coins.
This behavior of the Wuxing nobles made the gold coins even worse, Ji Xiu sold the gold coins alone, and finally caused everyone in the entire Wuxing to give up the gold coins, and the gold coins seemed to have become rotten stones on the street, and no one was willing to bend down to pick up a gold coin when it fell on the street.
Short-selling behavior needs to be ferocious, causing market panic as the premise, scaring everyone to sell together, because the value of gold coins is not falling all at once, but falling little by little, people in order to protect their own interests, seeing the value of gold coins continue to fall, they must want to exchange gold coins for other things.
The people of the tangram are watching, and the people of the tangram are scolding the black star for being stupid, in this case, they should not follow the sale of gold coins, the correct way should be to recycle a large number of gold coins, melt the gold coins and hide them in the vault, so as to reduce the amount of gold coins in circulation in the market.
"The Wuxing people are simply idiots, it's as simple as letting Ji Xiu play with the entire financial space alone. Tangram's financial expert said.
"That's right, Ji Xiu dared to sell gold, that's why the Wuxing people are stupid enough. Ji Xiu has a kind of selling gold on Tangram, we will definitely go all out, how much Ji Xiu throws, we will collect as much as we want. A big businessman of a Tangram Star said.
"The stock of gold in Tangram has decreased, the price of gold has risen beyond the sky, but the gold of Wuxing has become as worthless as cow dung, and I really want to go to Wuxing to buy gold in large quantities. A big capitalist of Tangram said.
"Don't think about it, Ji Xiu is already in charge of the Death Star Gate, don't even think about passing through the Star Gate with a single gram of gold, what method do you use to go to Wuxing to buy gold?" said a big banker from Tangram.
"But the amount of gold is extremely scarce, ninety percent of Wuxing's gold coins contain copper, and it is precisely because of this that Ji Xiu can create tens of billions of gold coins to loot the wealth of Wuxing people. The financial analyst of Tangram said: "But Ji Xiu's behavior has a fatal weakness, when the value of gold coins falls to the price of cabbage, it is when Ji Xiu is stabbed in the back." ”
"The Wuxing people don't understand finance, how can they dare to buy gold coins at this time, the Wuxing people are extremely stupid, and they deserve to be played by Ji Xiu. A wealthy man from Tangram said.
The above is just a picture of some celebrities of Tangram getting together and chatting.