Forty Millenniums of Cultivation

Li Yao and Li Jialing said that the real human empire set the star sea for the central millennium, and the legal currency was called "Imperial Crystal Coin” because the monetary system was initially linked to high-purity crystals.

From the beginning, there were 500 million tons of Ultimate Crystals, and every dollar of Ultimate Crystals can be unconditionally exchanged for 0.1 grams of Ultimate Crystals as the backbone of Ultimate Crystals.

“Ultimate" crystals are not an exaggerated modification, but have strict standards and must be at least 95% pure in order to label the word "Ultimate”, purer than Ultimate crystals, only very rare crystal marrow.

Such assurances give the Imperial Crystal Coins the utmost credibility and vitality and help Black Star Emperor Wuyinchi beat the weak economic and financial system of the Old Star Sea Republic to pieces and completely collapse.

Crystals are the crystal of ultra-high purity energy, a super hard currency 100 times harder than gold and silver because they are essential for practitioners' daily practice and battle, as well as for people's food, clothing and shelter, and even for the propagation of aliens.

Now that the imperial crystal coins can be exchanged directly for the finest crystal stones, the people are of course happy to choose this currency, but choosing the imperial crystal coins means choosing the empire, but kicking that price skyrocketing, inflationary, decaying old star republic into the gully, uh, not the gully, but the Federation of Star Glows on the edge of the star sea.

To be honest, Wu Yingqi and his descendants, no matter how evil these exalted immortals are, at least five hundred years before the rise of the Empire, the purchasing power of the Imperial Crystal Coins was quite strong.

On the one hand, the magnificent amount of crystalline stones plundered from all over the star sea has increased from 500 million tons to 5 billion tons, guaranteeing a solemn commitment that imperial crystalline coins can be converted to magnificent crystalline stones anytime, anywhere.

Money exists in bank interest, but converted into crystals does not add value - the price of all kinds of crystals was tightly controlled in the early days of the empire, if anyone dares to flourish in the crystal market, it will have to be shot, coupled with the inconvenience of trading directly with crystals, naturally not so many people will store too many crystals, the risk of crowding is not high.

On the other hand, the new conquest of the world brings constant war dividends and expanding markets. During those 500 years, the various factions and families of the empire were expanding, steaming the golden years of the sun, the whole society flourished. The bigger the soap bubbles in colour, even if the currency value was diluted, the people's incomes rose dramatically. Even ordinary people in the core area could profit from war dividends. Life was not bad. Of course, they believed in the empire. They believed strongly in His Majesty's crystalline coins.

But so flowery, the true human empire of burning oil, just after its 500th birthday, both internal and external worries erupted.

Internally, several successive "Kowloon seizures” of the court inner battle seriously damaged the royal family's vitality. The family of four major election emperors took advantage of the rise and usurped the power of the dynasty in the name of “the four meritorious elders jointly elected His Majesty the Emperor to maintain the stability of the royal family”.

Externally, all the rich millennial worlds have been integrated into the Empire's landscape, and the cost and difficulty of continuing to conquer the outside world have increased dramatically, coupled with the ongoing war of attrition with the Alliance, causing the Empire to lose a great deal of blood and reach the limits of expansion.

As immortal as the Real Human Empire is, its vitality lies in its constant aggression and conquest, pouring the blood and bones of the conquered into the prosperity of the conquerors.

Once the footsteps of conquest have stopped, the soap bursts.

The economic crisis that swept the empire for the first time erupted, with many people dumping their homes overnight, buying all kinds of bonds, stocks and interests turned into scrap paper, and many more people owed endless debts for the rest of their lives, from free people to slaves.

There was one of the most famous cases, a high-powered Pang named Xiuxian, called Pang Qingyun or something, claiming that he had a path in the court, knowing that the court was about to embark on a "five million light year expedition” to conquer more than a dozen and twenty ancient star maps of the Great Thousand Worlds, and that he had gained the right to the subsequent development and operation of three of the Great Thousand Worlds, saying that he had a nose and eyes.

He seduced a large number of greedy people into their lives in order to raise large amounts of development money, split up and sell these propaganda and operating rights, and promised super high rates of return, such as what "doubled three to ten times a year”.

At first, Pang Qingyun did say that not only did he return high interest on time, but he also dragged investors around to various star ports, saying that this was the Empire's Expeditionary Army, that is, his fleet of expansion, delicious and delicious hospitality, and did all kinds of beautiful effect maps and even too illusory a situation, depicting the wonderful future of the development of the new colony, saying all the investors were careless and angry.

At the end of the day, not only did a large number of people invest heavily in money, but many fairy repairers and even sects believed in him, smashing the coffin slab into an empty propagation plan.

As a result, the Empire changed its approach to propagation because of the economic crisis, financial constraints and military spending. Instead of sending a large expeditionary force to explore the outer realm, as in the past, it developed a technology called "Star Child”, which was later used for smaller and more precise exploration.

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

Pang Qingyun's lies did not destroy himself. Angry people surrounded his “development group”, which made him realize that all he had to do was tear down the East Wall to supplement the West Wall, borrow new money to repay old debts. Countless people had jumped from the building and his tricks were passed on in the name of "Pong's scam”.

Pang Qingyun's scam, just one of the tens of millions of soap bubbles broken during the economic crisis, a tiny little one, and many more and bigger Ponzi scams, devoured the wealth and even the lives of countless people.

Instead of helping the court to confront the economic crisis, the family of the four desperate electorate emperors fuelled it, allowing the economic crisis to escalate, greatly weakening the final authority and vitality of the court, and making the country rich, swelling into a huge and massive amount of money.

As a result of this economic crisis, the imperial crystal coin announcement was decoupled from the ultimate crystal, and neither ordinary people nor low-order fairy repairers could go to banks and crystal reservoirs to exchange for the ultimate crystal at a steady price, which they could only buy at market prices.

And the average price of all kinds of crystals on the market actually went up a whole thirty times in a year, and the crystals were the source of production, and the price went up, and everything went up, only wages and currency didn't go up - in other words, the imperial crystal coins were devalued thirty times in a year when the decoupling was announced.

The wealth of all the citizens of the Empire was looted by the families of the four electorate emperors.

Forcing the four large families that took a great deal of wealth, they took the opportunity to hold the government and have the power to mint their own coins.

Although nominally also known as the "Imperial Crystal Coin”, four banks under the name of the four large families had the right to issue, replacing the original authority of the Imperial Central Bank with an “Interbank Joint Conference”, equivalent to taking away His Majesty's money bag.

The four big families, just for the sake of collusion of interests, fighting each other is also fierce, imagine, they don't care about stabilizing the value of the imperial currency, anyway, as long as the economy of their own territory can be sustained, whatever the fucking flood outside!

From this year onwards, the Imperial Crystal Coins have been spreading their legs on the path of devaluation, diluting their value to nothing more.

Another horrible news, moreover, was the deadly blow to the empire's meagre, shaky economic and monetary system - at first, the Imperial Central Bank and the Crystal Reserve were backed by five billion tons of the finest crystals, which had always been the empire's heartbreaker, ballast stone, but since one year, folk rumoured that five billion tons of the finest crystals had long been split between the four families and consumed by the high-ranking brothers of the four families, the Yuan Babies and the chemists, in cultivation!

“It is precisely the five billion tons of the ultimate crystal stone that the four large families have divided and consumed, so that all of them can cultivate so many Golden Dan, Yuan Baby and Kaizen all at once, and their strength suddenly expands! ”

Although the Imperial Crystal has been decoupled from the finest crystals, such horrifying rumors have severely shattered the last little confidence of the willing in the Empire, saying that rumors, more like plagues and curses, have completely crushed the financial markets and the economic and monetary system of the Empire, and those who truly believe in the cultivation of Immortal Avenue have been wiped out.

In the hundreds of years that followed, the empire erupted several more economic crises, gradually becoming like this today, warlords cut off, the economy chaos, the local situation, the roots of which are people - from ordinary people to fairy repair, from low-order fairy repair to Yuan Baby and Hua Shen old monster, do not believe in Imperial crystal coins at all, not even a copper plate!

Otherwise, it would not have enlarged an empire. It would have taken more than a decade of expedition. It would have been a triumph to play kay songs and festivals all the way, but it would have once again fallen into the mud of total collapse!

More importantly, Imperial crystalline coins not only have precedents for currency instability and malicious devaluation, but all currencies have been virtualized, paperless, and there is no longer the notion of banknotes 10,000 years ago. All transactions are done through the Spirit Net, and more wealth is just a string of zeros in the account.

The imperial authorities are not so shameless as to directly tamper with the numbers in the citizens' accounts. The problem is that all transactions on the Spirit Net leave traces, and all the information on production and consumption is in the hands of the authorities - authorities, sometimes local warlords, sometimes the families of the four elected emperors, sometimes the so-called emperors.

With this information, you can grasp the wealth of all the empires and naturally swallow and squeeze clean their hair, bone marrow and even belt bones.