The next morning, merchants from the Federation came to the market early in the morning. They leaned against the deserted stalls and looked at the angry Qingshan Town merchants with a smile.
Although the chambers of commerce they belong to are different, they are all inextricably linked to the same name - Steel Gear Chamber of Commerce.
Liu Jin, a salesman of the Steel Gear Chamber of Commerce, although he joined the Chamber of Commerce through a nepotistic relationship with his boss Liu Hong, his impressive business strength was immediately recognized by the Chamber of Commerce's shareholders, and he was repeatedly entrusted with important tasks by the Chamber of Commerce.
At this moment, as one of the masterminds of this dumping incident, he was leaning at the door of the grocery store belonging to the Steel Gear Chamber of Commerce, looking at the depressed market with a playful look.
To be honest, although he is sure of winning the trade war, he is still a little uneasy.
After all, NAC is a violent organization. If he can't survive financially, he will have nothing to do if he just overturns the table. Although doing so will cause great damage to NAC's influence and credibility, the Steel Gear Chamber of Commerce will undoubtedly suffer certain losses.
Boss Liu Hong judged that Jiang Chen would not sacrifice the influence of the entire NAC for the sake of the Qingshan Town market. But to be honest, as one of the masterminds, he felt very unsure.
The selfless militiamen held their hands at the entrance of the market and used their eyes to signal local businessmen who wanted to cause trouble not to be impulsive.
Although they already know some inside information, they are also dissatisfied with the actions of these federal businessmen, but as soldiers, they can't do anything about it. Their mission is to maintain market security, not financial order.
As the price of nutritional mixtures fell, the land price of Jinxi Lake Farm fell in response, with a 30% drop from three days ago to the present.
The federation spent two years hoarding nutrient mixtures and sold them intensively within a few days. Although they lost nearly one million sub-crystals in this business, as long as they quickly exchanged these appreciated sub-crystals for land, they would gain ten times the profit. for lost profits!
There was not much nutritional mixture left in the truck behind them. But it doesn't matter, no one will buy that thing now.
The price of grade-level nutritional mixtures has dropped to the floor price of 10 sub-crystals per sub-crystal, while C, D, and E-quality nutritional mixtures synthesized from heterogeneous flesh and blood below grade 1 have become unpopular.
This is the current situation. For every ton of mutated fruit produced by a farmer, the net loss is 10 sub-crystals, and for every ton of nutrient mixture produced by a processing plant, the net loss is 1,100 sub-crystals.
Nutritional mixture processing factory within Hongcheng. Production has been completely suspended and about 600 workers have been laid off.
The decline in the price of nutritional mixtures has led to a decline in the prices of a series of commodities such as rifles, bullets, protective gear, and medicines. However, this has not improved the lives of local people because they no longer have the ability to purchase. The reason for the price drop is simply because there are fewer sub-crystals circulating in Qingshan Town.
These cheap necessities are usually purchased by outside merchants. And 80% of these necessities flow to the federal government.
Soon Qingshan Town will usher in an economic depression. People here will find that things in the market are obviously very cheap, but they just can't afford them...
However, these businessmen from the Federation did not laugh for long.
Shortly after the market opened, people from the Zhao Group erected a sign in the market.
[Super nutritional mixture can be exchanged for credit points, and 1 credit point can buy 10 nutritional mixtures.]
The first-grade nutritional mixture is the bulk of the food consumer market. Its output is much more stable than the other models as its raw material is mutated fruit. Basically, its price controls the price of other first-grade nutritional mixtures.
People in Hongcheng are no strangers to credit points. Within the NAC control area. As long as you can receive a signal, you can access your bank account in the Sixth Street through E, interact with other accounts, and complete operations such as payment and collection.
In addition to electronic currency, the bank in the Sixth District also issued a certain amount of banknotes for merchants to use out of town. It is precisely for this reason that NAC banknotes can also be seen in other areas outside Suzhou and Hangzhou. As long as the caravan going east will recognize this thing.
Currently, the accepted exchange rate between credit points and Asia Crystal is 1:5. A little further away it might 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 one level nutritional mixture is 0.5 sub-crystals. The current market price is 0.2, which converted into credit points is 0.04.
But what does the Zhao Group mean
A nutritional mixture is purchased for 0.1 credit points? Is this a plan to forcefully raise the price of nutritional mixture
Liu Jin smiled disdainfully.
It was too late to do anything at this time. Even if they spared no expense to feed the indigestion market with "stomach medicine", it would not help. The survivors would be happy to sell their nutritional mixture for 0.1 credits, but would they be happy to buy it for 0.1 credits
Moreover, they have achieved their goal of increasing the value of Yajing. Not to mention that the survivors here haven't gotten used to the currency of credits. Even if everyone recognizes the value of credit points, high-value crystals are still the strongest currency.
Unless NAC transports sub-crystals here one by one from other places and forcibly injects them into the market, no matter what they do, it will be in vain.
"Liu, Mr. Liu."
"What's going on?" Liu Jin looked cheerfully at the shop assistant who was walking towards him.
He is in a good mood now, and soon he will lead the Steel Gear Chamber of Commerce to take the first shot at monopolizing the nutritional mixture market in Hongcheng!
However, just as he was imagining what kind of praise the Chamber of Commerce would give him after returning to United City, his clerk tremblingly handed over the newspaper in his hand.
"What is this?" Liu Jin frowned slightly and took the newspaper from the waiter's hand.
"Newspaper from Sixth District... scanned copy from our caravan over there."
Liu Jin opened the newspaper and slowly scanned its contents. However, when he saw the headline for the first time, his heart suddenly skipped a beat.
[Ten exotic ranches in Wanghai City announced increases in production at the same time, and Yajing’s value may experience its largest decline this quarter.]
[The bank in the Sixth District has increased the official exchange ratio between credit points and 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 use credit points with stronger purchasing power for settlement, all real estate transfer procedures within the NAC signal coverage area must be conducted using credit points.
If you insist on using Acrystal for transfer, a high value-added tax will be levied on both the buyer and the seller...
Seeing this, and looking at the Zhao Group's store where the crowd was gradually gathering, Liu Jin felt a cold sweat break out on his forehead.
He actually took action directly on the exchange rate! It's so shameless!
This is not over yet. This combination of punches played by NAC has directly blocked the possibility of them purchasing real estate from bankrupts! Not to mention anything else, in the past five days, the Yajing they had used to cash in at a loss on the nutritional mixture they had hoarded was directly smashed into their hands!
At this time, even if they hold tons of sub-crystals, no one will trade with them. Unless they pay a higher price and sell their Yajing at an exchange rate of 1:15 or even 1:20, no one will exchange their credit points for them now that Yajing is facing a substantial depreciation. Yajing in hand.
The Gear Chamber of Commerce has been completely "trapped" in Yajing!
It’s all over…
Liu Jin sat down on the ground slumped, feeling dizzy. Pushing away the clerk who tried to help him up, he crawled back into the store and took out the phone from the drawer.
He now needs to get in touch with his boss as soon as possible.
At this moment, Liu Hong, the boss of the Steel Gear Chamber of Commerce, was also sitting slumped in his office chair, staring blankly at the ceiling opposite the office.
There was a harsh ringtone in his ears, but he didn't want to answer it.
Just half an hour ago, the wealth in the hands of the Steel Gear Chamber of Commerce had shrunk by half, and shareholders had already been ringing his phone.
He considered various scenarios, including NAC spending no money to purchase nutritional supplements from civilians on a large scale at a premium to forcefully maintain price stability. The NAC has also considered breaking the free trade agreement, learning from the Empire's approach, and levying high tariffs on foreign merchants to raise the cost of living for locals and avoid market depression.
However, he did not consider that the NAC people would actually attack the currency itself.
And this knife directly cut off the arms of the Steel Gear Chamber of Commerce.
The suddenness caught people off guard.
After a long silence, Liu Hong silently took out a cigarette from his pocket, held it in his mouth and lit it. He rarely smokes in the office. Although he is the most powerful man in the entire federation, he has always strictly controlled himself. But now... he needs to relax properly.
Closing his eyes, Liu Hong leaned on his office chair and began to think about the next strategy.
However, what made him despair was that he racked his brains and couldn't think of any good solution. If NAC is determined to implement the new currency in Hongcheng, no matter how many sub-crystals the Steel Gear Chamber of Commerce controls, it will not be able to withstand this exchange rate weapon.
Waiting for Yajing’s value to return? They simply can't afford to wait...
Just then, his secretary opened the door and walked in.
Looking at the pretty figure under the suit, Liu Hong felt bored for the first time.
"What is it? I told you to leave me alone."
"Boss..." Secretary Xiaoru swallowed.
"Hurry up and say it." Liu Hong pinched his brows and said impatiently.
"Our third shareholder sold his shares to NAC through the federal stock exchange." Xiaoru said quickly.
In an instant, Liu Jin's eyes turned red, he stood up and grabbed his secretary's collar.
"What are you talking about! That bitch Wu Qian sold her stocks to NAC?!"
"Yes, yes." Xiaoru trembled all over and replied with difficulty breathing.
Liu Jin let go of his secretary's collar and sat back in the office chair in despair.
Xiaoru coughed desperately, and unintentionally glanced at her boss from the corner of her eye.
She was surprised to find out.
That high-spirited business leader seemed to have aged more than ten years in an instant... (.)