Chapter 2524

Li Yao and Li Jialing said that the human empire was established in the central part of Xinghai for thousands of years, and the legal currency was called "imperial crystal coin", because the original monetary system was linked with high-purity crystal stone.

At the beginning, there were 500 million tons of top grade crystal stones as the backing of imperial crystal coins. Every dollar of imperial crystal coins could be unconditionally exchanged for 0.1 gram of top grade crystal stones.

"Top grade" crystal is not an exaggerated decoration, but a strict standard. Only crystal with purity of more than 95% can be marked with "top grade". If it is purer than top grade crystal, there are only very rare crystal pith.

Such a guarantee gave the imperial crystal currency extremely strong credit and vitality, and helped Wu Yingqi, the great black star, bring the weak economic and financial system of the old Xinghai Republic to a complete collapse.

Crystal stone is the crystal of ultra-high purity energy, which is essential for the daily cultivation and fighting of practitioners, the basic necessities of the people, and even the colonization of alien stars. Therefore, it is a super hard currency 100 times harder than gold and silver.

Since the imperial crystal coins can be directly exchanged for the best crystal stones, the common people are of course happy to choose this kind of currency. Choosing imperial crystal coins means choosing the Empire, but kicking the old Xinghai Republic with soaring prices, inflation and decay into the sewer. Er, it's not the sewer, it's the Xingyao Federation on the edge of Xinghai.

To be honest, Wu Yingqi and his children and grandchildren, no matter how evil they were, the purchasing power of imperial crystal coins was quite strong at least in the first 500 years of the rise of the Empire.

On the one hand, the quantity of top grade crystal plundered from Xinghai has increased from 500 million tons to 5 billion tons, which guarantees the solemn promise that imperial crystal coins can be converted into top grade crystal anytime and anywhere.

The money has interest in the bank, but it will not increase in value when it is converted into crystal stones. In the early Empire, the price of various crystal stones was strictly controlled. Anyone who dares to make trouble in the crystal stone market will be shot. In addition, it is inconvenient to trade directly with crystal stones. Naturally, not so many people will store too many crystal stones, and the risk of run is not high.

On the other hand, the new conquest of the world brought a steady stream of war dividends and expanding markets. During those five hundred years, all sects and families of the Empire were in the golden age of vigorous expansion and prosperity. The whole society was prosperous, and the colorful soap bubbles were blowing bigger and bigger. Even if the currency value was diluted, people's income also increased significantly, Even the ordinary people in the core area can get the war dividend. Life is not bad. Of course, they believe in the Empire, believe in your majesty, and have strong confidence in the imperial crystal currency.

However, just after his 500th birthday, the real empire with flowers and fire broke out at the same time.

Internally, the imperial family was seriously hurt by several successive court battles of "Jiulong seizing the throne". The four imperial families took advantage of the situation and usurped the power of the imperial government in the name of "four meritorious elders jointly elect the emperor and maintain the stability of the royal family".

On the outside, all the plump worlds have been incorporated into the territory of the Empire. The cost of war and the difficulty of management have increased greatly. In addition, the continuous war of attrition with the holy alliance has made the Empire lose blood and reach the limit of expansion.

Such as the real human Empire, its vitality lies in the constant invasion and conquest, pouring the conqueror's prosperity with the conquered's blood and bones.

Once the conquest stopped, the soap bubble burst.

The economic crisis that swept the whole empire for the first time broke out. Many people lost their property overnight. All kinds of bonds, stocks and rights and interests they bought became waste paper. More people owed endless debts in their next life, and they became slaves from free people.

At that time, there was one of the most famous cases. A powerful monk surnamed Pang, Pang Qingyun or something, claimed that he had a way in the imperial court. He knew that the imperial court was about to launch a "five million light-years expedition" to conquer more than ten or twenty worlds marked on the ancient star map, And he got the right of subsequent colonization and management of three of the great worlds.

In order to raise a large amount of development funds, he separated these colonization and management rights and sold them. He promised a super high rate of return, such as "doubling three times in one year and ten times in three years", which lured a large number of greedy people to invest their lives.

At the beginning, Pang Qingyun did what he said. He not only returned the high interest on time, but also took the investors around the star ports. He said that this was the expeditionary force of the Empire, that is, his colonization fleet. He did all kinds of magnificent renderings and even the illusion of being in the scene, depicting the bright future of the development of the new colonies, All investors will be said to flicker, elated.

In the end, not only a large number of people invested a lot of money, but also many immortal practitioners and even sects believed him deeply, and smashed the coffin into the illusory colonization plan.

As a result, the Empire changed its policy of colonization because of the economic crisis, financial constraints, and military expenditures. In principle, it no longer sent large-scale expeditionary forces to explore foreign lands as in the past. Instead, it developed a technology called "star child", and later used "star child" to carry out small-scale and more accurate exploration.

This also means that the era of Empire development is over, perhaps forever!

Pang Qingyun's lies are self defeating, and his "development group" is surrounded by angry people. Only then can we know that his game is nothing more than a trick of tearing down the east to pay the West and borrowing new money to repay the old debts. Countless people have jumped because of him, and his trick has been passed down as "Pang's trick".

Pang Qingyun's scam is just a tiny one among the millions of soap bubbles broken in the era of economic crisis, and there are more and bigger Pang's scams, which devour the wealth and even lives of countless people.

Instead of helping the imperial court to fight against the economic crisis, the sinister family of the four emperors and Marquises let the economic crisis get worse and worse, which greatly weakened the final authority and vitality of the imperial court, and made a lot of money, and expanded into a giant.

As a result of this economic crisis, imperial crystal coin announced that it was decoupled from the best crystal stone. No matter ordinary people or low-level practitioners, they can no longer exchange the best crystal stone with the bank and the crystal stone reserve bureau at a stable price. They can only buy it at the market price.

However, the average price of all kinds of crystal stones on the market has increased by 30 times in one year, and crystal stones are the source of production. With the rapid rise of crystal stones, prices have also soared, and everything has gone up. Only wages and currency values have not gone up. In other words, the value of imperial crystal coins has been devalued by 30 times in one year after the announcement of decoupling.

All the wealth of the citizens of the Empire was plundered by the families of the four emperors.

The four families, who seized a large amount of wealth, seized the opportunity to control the government and had the power to coin their own coins.

Although it is also called "imperial crystal coin" in name, the four banks under the name of the four families all have the right to issue. A "joint meeting of banks" replaces the original authority of the imperial central bank, which is equivalent to seizing all the money bags of the emperor.

The four families, just for the sake of interests, colluded with each other and fought fiercely. It can be imagined that they didn't care about stabilizing the currency value of the Empire. Anyway, as long as the economy of their own territory can be maintained, the flood outside should be terrible!

Since that year, the imperial crystal currency has been running wildly on the road of devaluation, and its value has been diluted to the point where it can not be further increased.

Another terrible news is a fatal blow to the Empire's perfunctory and crumbling economy and monetary system. At first, the central bank and the crystal Reserve Board of the Empire had five billion tons of top-quality crystal as the backing. These top-quality crystal has always been the reassuring and ballast of the Empire. But I don't know from which year, there have been rumors among the people, It is said that the five billion tons of top-quality crystal stones have long been divided up by the four families, and consumed by the high-level friars of the four families, Yuanying and Huashen!

"The four families have carved up five billion tons of top grade crystal stones and consumed them all. Only in this way can they cultivate so many golden elixirs, Yuanying and Huashen at once, and their strength has suddenly expanded!"

Although the imperial crystal coins have been decoupled from the best crystal stones, such appalling rumors have smashed the last glimmer of confidence in the Empire. It is said that rumors are more like pestilence and curse, completely destroying the financial market, economy and monetary system of the Empire. Those who really believe in Xiuxian Avenue are disillusioned.

In the next few hundred years, several economic crises broke out in the Empire, which gradually turned into today's situation of warlord separatism, economic chaos, and local independence. The root of this situation is that people, from ordinary people to immortal cultivators, from low-level immortal cultivators to Yuanying and huashenlaoguai, did not believe in Imperial crystal coins, not even a copper plate!

If not, it would not have been such a big empire. After more than ten years of expeditions, it would have been triumphant and victorious all the way, but it would have fallen into the mud of total collapse again!

What's more, imperial crystal currency not only has the precedent of unstable currency value and vicious devaluation, but also all currencies have been virtualized and paperless these days. There is no longer the paper currency concept of 10000 years ago. All transactions are completed through Lingwang, and no more wealth is just a series of zeros in the account.

The imperial authorities are not shameless enough to directly tamper with the figures in citizens' accounts. The problem is that all transactions on the Internet will leave traces, and all people's production and consumption information will be controlled by the authorities - sometimes local warlords, sometimes the families of the four general election emperors, sometimes the so-called Emperor's majesty.

With this information, we can grasp the wealth of all the imperial people. Naturally, we can pull our hair out of the wild goose, knock on the bone and suck the marrow, even swallow the belt bone, and squeeze it clean.