Qingyuan Immortal Palace

Compared to earning fairy jade through financial capital, it seems very ridiculous for cultivators to accumulate merits and earn fairy jade with great difficulty.

It can be said that after just a few years, the emergence of Fengyue Treasure House changed the cognition of many cultivators.

"That's right. Like me, I often go to encircle and kill the scouts who sneaked out of Xuanyang Fairy City. I have killed many of them over the years, including extremely powerful Shushan disciples. I didn't expect that I would get less than a thousand merits!" A cultivator of the early stage of the True Immortal of the Righteous Immortal Alliance sighed. "And my fellow cultivators who joined the Righteous Immortal Alliance with me have been storing fairy jade in Fengyue Fairy House for the past few years, doing that kind of capital operation, and have earned several times more money than me in these years!"

Speaking of this, the cultivator's eyes were red, and he was obviously very dissatisfied. Of course, he hated himself even more for not having a relationship with Fengyue Treasure House earlier.

After Fengyue Treasure House enlightened these immortal world cultivators with financial knowledge, all the cultivators formed two extremes.

Some monks are concentrating on studying the various packages of Fengyue Treasure House, hoping to quickly arbitrage through these high returns. Of course, there are also some monks, because all the fairy jades and good deeds on their bodies are stored in Fengyue Treasure House, they quickly devote themselves to various tasks of the Righteous Immortal Alliance to earn good deeds and fairy jades.

For a time, these monks worked together to continue to compress the defense array of Xuanyang Immortal City.

It can be said that fairy jade is now the basic currency, and good deeds have become a new currency that has been popular.

However, compared with fairy jade, good deeds are more popular.

Because there are many high-level treasures in Fengyue Treasure House, they must be exchanged for good deeds. And this requires senior users who have saved for a long time in Fengyue Treasure House to buy. The name of a senior customer of Fengyue Treasure House is even comparable to that of a fairy king in the Golden Immortal Period.

Therefore, good deeds have also become hard currency. In the past, one good deed could be exchanged for 10 fairy jades. Now, 12 fairy jades may not be able to exchange for one good deed.

On the surface, the good merit value is issued by the Righteous Immortal Alliance. The good merit value has become valuable, and the people of the Righteous Immortal Alliance are also very excited. They hold the right to issue good merit values, so the cultivators of the Righteous Immortal Alliance will secretly print good merits for themselves.

Of course, because there are three leaders in the Righteous Immortal Alliance, and each of the three leaders has a big manager, everyone checks and balances each other, and there is no large-scale private printing of good merit values. Only when the three parties acquiesce, some conventional secret printing is carried out.

It can be said that the original currency was only fairy jade, but later, the good merit value has become a new system of currency, and even mobile payments can be made with the good merit ruler.

After the Righteous Immortal Alliance, the Demon Realm Coalition and Fengyue Treasure Tower joined forces, the good merit value also became very strong and went up all the way. Therefore, although the fairy jade did not increase suddenly, the good merit value as a currency began to increase. On the surface, wealth increased significantly in a short period of time.

Without letting many forces discover, Fengyue Treasure House has now completely controlled the printing process of good deeds, and there is no large-scale checks and balances within it, so Fang Yang and his team began to speed up the printing of good deeds and use the printed good deeds to pay interest.

Of course, most of the monks who deposited good deeds will choose to continue to deposit good deeds after the good deeds expire in order to obtain high interest again. In this way, Fang Yang and his team's good deeds will increase, and after mastering the secret currency issuance rights, their wealth will rise.

Fang Yang and his team have lived on Earth for many years and know that a financial tsunami is brewing now.

Now, good deeds are like currency. Fang Yang and his team give extremely high interest to absorb all the monks' deposits into Fengyue Treasure House, and by printing new good deeds, they have achieved the situation of printing money to pay interest.

On the surface, they have made their wealth grow wildly through such capital operations, but the number of the most fundamental basic currency, Xianyu, is like gold, and it is impossible to increase in a short time.

Good deeds have already possessed the properties of currency. As more and more good deeds are printed, it will inevitably cause large-scale inflation. Good deeds will become less and less valuable.

In order to deal with this, Fang Yang and his team modified the rules of Fengyue Treasure House, using high returns to allow many cultivators to obtain new good deeds and continue to deposit them in Fengyue Treasure House, so that there will be no large amount of good deeds appearing in the market.

Although the amount of wealth on the good deeds scale of many cultivators is extremely high, it is just a number.

When these large-scale good deeds are directly pushed into the market, it is estimated that many cultivators will flock to Fengyue Treasure House to start a run, and then good deeds will become worthless, and the credit of the Righteous Immortal Alliance, Fengyue Treasure House, and the Demon Realm Coalition will also be wiped out.

It is estimated that the credit of the Immortal Emperor Zhantian and the Female Emperor Yunyue will also be damaged.

Of course, there will not be too many problems on the side of the Immortal Emperor Fengyue. Because Fang Yang and his team have already thought of a series of strategies to pass the buck. It can be directly claimed that Fengyue Treasure House is a reputable business, but because the Righteous Immortal Alliance and the Demonic Path are too corrupt and print merit points crazily, it has caused all kinds of chaos.

In this way, the Righteous Immortal Alliance and the Blissful Demon Emperor may not be able to clear themselves even if they jump into the Weak Water River.

At this time, Fang Yang was in the secret room of Fengyue Treasure House, giving a financial analysis class to Fengyue Immortal Emperor, Old Crocodile, the head of Shushan Sect Miaoyi Zhenren and his son Qi Jinchan.

From the principles of economics, to the theory of currency issuance, to the inflation model... Fang Yang continued to explain seriously. The audience were all big shots in the fairy world, and naturally they were also very shrewd people. Under Fang Yang's patient explanation, they were all stunned.

"Fang... Boss Fang... After these printed good deeds flow into the market, will it form a financial tsunami?" Crocodile Ancestor also asked in surprise at this time.

"Not only that, all the forces attached to the Righteous Immortal Alliance, the Cloud Moon Empress, and the Heavenly Immortal Emperor will also go bankrupt..." Fang Yang smiled.

"Bankruptcy?" Fengyue Immortal Emperor asked puzzledly.

"It means that the assets cannot repay the debts, and even selling themselves is not enough!" Fang Yang smiled.

In recent years, due to the temptation of high interest rates, many major sects have converted their assets into fairy jades, and even borrowed a large amount of money to obtain fairy jades, and then used a large amount of fairy jades to buy good deeds, and then directly deposited them in Fengyue Treasure House, hoping to earn interest.

However, as the printed good deeds flow into the market, these wealth will quickly return to zero, and the crisis caused by this will be extremely terrifying.

Fang Yang and his team have already started to plan to run away. Of course, before that, they also want to stage a big exit drama to distance themselves from the upcoming financial tsunami.