Over the years, because Fengyue Baolou has an excellent reputation, even the good deeds printed by the Righteous Dao Immortal Alliance have been competed by many monks.
Since in Feng Yue Bao Tower, the system that has been implemented is that fairy jade can be quickly exchanged for good merit points, and in Feng Yue Bao Tower, all high-level treasures must be purchased with good merit points, so that the supply of good merit points has exceeded demand in recent years.
Once a batch is printed, the monks will exchange it for immortal jade.
Of course, there are some monks who do not have enough immortal jade, so they start to take on tasks crazily in exchange for good merit points. When they get the good merit points, the first thing they do is to store them in Fengyue Pavilion, so that they can
Earn interest.
Because of Fang Yang's various financial methods, the value of good works has always been very strong, and basically requires a high premium to redeem it.
Therefore, Fang Yang and the others secretly used a large amount of good deeds to buy fairy items. Naturally, they were very popular. They completed the transaction quickly and bought a lot of good things.
However, as more and more good merits enter the market, as a kind of currency, inflation begins to occur.
First of all, there are problems with the exchange between good merit points and fairy jade.
Originally, the merit points were very valuable due to the various discounts and high interest rates offered by Fengyue Baolou. The general official price was that one merit point could be exchanged for ten immortal jades.
In the past, because good deeds were relatively scarce, they had a price but no market. It often took twelve fairy jade to exchange for one good deeds.
As a large amount of good deeds poured into the market, the exchange between good deeds and fairy jade began to change subtly.
First, the price started to drop to the point where eleven jade can be exchanged for one good merit point, and then it even returned to the official price, where ten jade can be exchanged for one good merit point.
However, this balance did not last long, and soon the bottom line was broken down.
"Nine immortal jade can be exchanged for one good merit value..." "Eight immortal jade can be exchanged for one good merit value..."
"Five immortal jades can be exchanged for one good merit value..." "Three immortal jade can be exchanged for one good merit value..."
For a time, the value of good deeds in the market began to depreciate rapidly, and finally it became a fairy jade exchange for one good deeds value.
Even though the decline is so rapid, it still seems to be just the beginning of the avalanche.
"What should I do? The value of good deeds is worthless now!"
"The price keeps falling every day. It's like my wealth has evaporated..."
"No, I have to take out the good deeds I saved and exchange them for fairy jade!"
"Yes, if I continue to fall like this, all the good deeds I have earned over the past few years will be reduced to useless paper..."
The turbulence in the financial market soon caused a huge response among all the monks. The sensitive monks had already exchanged the good deeds in their hands into fairy jade as quickly as possible, and even started to stay away from this place.
At the same time, fairy jade has become popular again and has become a general equivalent currency.
After all, fairy jade has actual value. It can be used for cultivation or to buy treasures from other fairy worlds. Although the merit points can also buy many high-level things in the past, as the market confidence collapses, it has become increasingly worthless.
.Therefore, more and more monks began to quickly sell off their good deeds and exchange them for immortal jade.
The crazy selling was like a tsunami, sweeping through the Righteous Immortal Alliance and the Demonic Alliance, and even caused shocks in all the major sects.
You know, because the high-end things in Fengyue Baolou must be exchanged for good deeds, many large sects used to try to exchange fairy jade for good deeds, and then deposited them in Fengyue Baolou to earn interest. Now these wealth are disappearing at an invisible speed.
.
Especially when Fengyue Baolou auctioned "Taiqing Sword Jue" last time, a large number of sects competed to buy the merit points and deposited them in Fengyue Treasure House. This not only facilitated their purchase of treasures, but also allowed them to earn a fortune through interest.
Very high income.ωωw.Bǐqυgétν.℃ǒＭ
These sects have many forces, and they try their best to contact Fengyue Treasure House through various channels, and even put pressure on forces such as the Zhengdao Immortal Alliance behind Fengyue Treasure House, thereby obtaining some internal exchange channels.
The Righteous Immortal Alliance also promised that their interests would be guaranteed, but somehow the news leaked out. As a result, like a hornet's nest, a large number of monks began to rush into Feng Yue Pavilion, trying to take out their own existence.
The good deeds inside are exchanged for immortal jade.
At first, Fengyue Baolou could hold on, but as more and more people lined up in front of Fengyue Baolou, there was a long queue.
Even though Fengyue Baolou had some liquid funds for its Xianyu, it could not withstand such a run, so the Xianyu bottomed out soon.
Later, all parties in Feng Yue Bao Lou entered the treasure house, but found that the entire treasure house had been emptied, and no one knew who had done it. Of course, the matter was serious, so they had to suppress the matter. Then Feng Yue Bao House could only
Closed for business.
This aroused dissatisfaction among many monks, but these monks still did not dare to cause trouble. After all, behind Fengyue Treasure Tower were the Righteous Immortal Alliance and the Demon Realm Alliance, and behind these were the forces of the Immortal Emperor.
Although these monks were dissatisfied, they still believed that with the Immortal Emperor taking care of everything, there wouldn't be any big problems for a while.
Then Fengyue Baolou issued an announcement saying that the current situation was only caused by rumors, and executed several monks who spread rumors, and pointed out that these people were spies sent by Immortal Emperor Xuanyang, which temporarily diverted the conflict.
At this time, Fengyue Baolou said that it would repair the formation and suspend operations for a month. It also stated that it would resume exchanges one month later, and that it would be based on a ratio of one to ten. This finally stabilized the market's confidence for the time being.
However, anyone with a little foresight will probably find that a terrifying financial crisis is about to occur here.
At this treacherous moment, rumors spread that the monks from the Righteous Immortal Alliance and the Demon Realm had been engaged in corruption for a long time after taking over Fengyue Pavilion.
Moreover, some thoughtful people wrote a big-character poster about the extravagance of some disciples of the Righteous Dao Immortal Alliance, which quickly spread among all the monks and sects.
All of a sudden, it was like water pouring into a frying pan and it exploded all of a sudden. The situation also became complicated and confusing.
As more and more evidence began to gather, people discovered that many of their good deeds had been forged, and were probably printed and issued privately by the Righteous Immortal Alliance, which meant that all they received were "counterfeit money."
At this time, on the top floor of an inn in Fengyue Pavilion, Immortal Emperor Fengyue, Crocodile Ancestor and Fang Yang were having a drink, with Master Miaoyi accompanying them.
"What kind of financial warfare is Boss Fang doing? It's really amazing! I admire you!" Immortal Emperor Fengyue raised his glass and said.