Chapter 415: Disaster for All
The thirteenth day.
The Nadao Grain Exchange announced that the total amount of grain futures sold daily in Changshan County increased by 50%.
The types of deeds are 30,000 one-day deeds, 50,000 three-day deeds, and 300,000 seven-day deeds.
The contracts range from one to ten tons, totaling three million tons.
As soon as the news came out, the entire Changshan County was plunged into a sea of joy.
Food prices in the empire fell accordingly.
Closing price: 5513 yuan/ton.
This is the first time that the Nadao Grain Exchange has truly possessed the power to influence grain prices.
At the top floor of Mingguang Exchange, the Grain Group held an emergency meeting.
Elder Lono offered four suggestions.
1. The group will personally take action to support grain prices with all its strength and crack down on those who short grain prices.
2. Speed up the transfer of grain from Shizhou to Xinyangzhou to reduce losses.
3. Promote the Customized Advertising Law as soon as possible and prohibit vulgar advertisements.
4. Purchase large quantities of grain throughout the empire.
Elder Mosili said coldly, "Elder Luo, are you sure you can do this? Our money didn't come from the wind. We invested in this business just to make some money. Isn't this too much of an investment?"
Luo Nuo replied, "There's not much grain left in Shizhou. If Changshan County can't get more food, its exchange will go bankrupt. I estimate that if we invest another 50 billion or so, we can complete the attack on Changshan County."
Elder Lin asked gloomily, "Do you think this is the intention of the Supreme Council? Our complaint has fallen on deaf ears, with no response. This is unusual."
Luo Nuo shook his head. "Impossible! The Great Elder is just using that kid. Our leverage can completely swing the balance of power in the empire. The Great Elder would never use such reckless means to attack such a large power group."
"That's it, then."
Mosili squeezed out of the chair with his fat body. "I'll leave everything to you, Elder Luo. I also need to go see my children. Oh, they grew their ninth pair of compound eyes today. They are so adorable."
Luo Nuo's eyes were half cold and half disgusted, but he still said politely: "Elder Mo, take care. I wish your Life Ladder Project a speedy success."
The fourteenth day.
The number of people who have opened accounts at the Nadao Grain Exchange exceeds 300,000.
Xiao Xiao decided to plan ahead and start selling two weeks' worth of grain contracts.
The longer the cycle, the higher the level of credit required, because investors will worry about defaults and risks, which will cause the deeds in their hands to become worthless pieces of paper.
At first he was very cautious and only sold grain deeds totaling 500,000 tons, but they were still sold out.
Xiao Xiao and his team immediately realized that investors' trust in Nadao was even higher than they had imagined, and they had almost no doubts.
County Governor Lin’s one-day futures strategy was officially declared a success!
Nadao's credibility has been established.
They took a solid step towards final victory.
Next, they can sell two weeks' worth of deeds in bulk.
The fifteenth day.
Xiao Xiao increased the proportion of two-week contracts to 70%, but they were still sold out.
A two-week contract is different from a short-term contract. It has the initial value of financial speculation.
These deeds began to circulate among merchants, sold from one to another, and the final price always stabilized at around 90% of the current grain price.
Xiao Xiao keenly noticed that the weather vane had appeared.
The two-week contract has already had a direct impact on food prices.
This is an opportunity to completely defeat high food prices.
Great! Xiao Xiao suppressed his excitement and prepared for the next step.
On this day, the price of imperial grain plummeted at the close of trading, falling to 5,113 yuan per ton.
The sixteenth day.
The Nadao Grain Exchange experienced another huge increase. On this day, the number of people arriving in Changshan County exceeded 100,000.
After Zhao Gongming's transformation, Huaizhen finally fully demonstrated its heritage, complete infrastructure, forward-thinking layout, a large number of newly built buildings, and a large number of excellent staff, which fully withstood the impact of 100,000 people.
The entire Huaizhen was crowded with people, shoulder to shoulder, but order was always maintained. There was no chaos, and no stampedes occurred.
However, the price of grain in the empire rose against the trend, rushing back to the 6,000 yuan mark.
Xiao Xiao knew that this was a real fight between institutions.
He was trembling with excitement, every hair on his body was shaking.
The moment to prove myself has finally arrived.
Xiao Xiao's economics is invincible!
The twentieth day.
Xiao Xiao skipped the middle step and made a bold decision to start selling one-month deeds.
A one-month deed already has full financial value.
The major confiscators, investment banks, and institutions in the empire believed that Changshan County had accumulated so much wealth that even if the grain could not be delivered, they could repurchase the contracts at the market price, which was equivalent to closing the position.
Therefore, the probability of risk occurring in a deed is extremely low.
The criteria for measuring financial value are, first, risk, and second, credibility.
Nadao Exchange already has a relatively good reputation, and Changshan County's strong financial resources ensure that its default risk is very low.
So, this is a great opportunity to make money!
Thus, on the twentieth day after the opening of Nadao, all the major companies, investment banks and institutions in the empire officially joined this feast.
This food drama has finally reached its climax.
On one side is the empire's giant grain group, and on the other side is the emerging Changshan County with a hint of mystery.
This is a challenge from the new forces to the old forces for the right to eat meat.
In this war, the investment banks at the next level can get a little bit of the benefits relatively safely.
The retail investors at the next level get a little bit of the crumbs.
Individual civilians at the last level can also smell a little fragrance.
It's a feast for all, and everyone benefits.
And Xiao Xiao has undoubtedly completely mastered the mentality under this rule.
The 23rd day.
Xiao Xiao asked the Changxie Department to publicize Changshan County's 600,000 hectares of farmland on a large scale, calling it an agricultural miracle in the history of the empire.
And this miracle is about to bear fruit.
Against this background, Xiao Xiao took the most critical step.
He released a three-month deed.
Three months, that's a quarter.
For bloodthirsty finance, this is a cycle.
Everyone was doubtful as to whether Changshan County would be able to redeem the deed in three months.
The risk of it has increased.
Its credibility is not yet sufficient to serve as a guarantee.
However, the institutions hesitated, but the hungry retail investors did not hesitate at all.
What they like most is this kind of heirloom.
In their eyes, Nadao's grain invoices were no different from the empire's money.
The 200,000 three-month contracts released by Xiao Xiao were quickly sold out.
There are a lot of voices in the market calling for Changshan County to sell more and longer deeds.
At the same time, the Mingguang Exchange saw its largest transaction in history, and grain prices rose almost crazily.
Grain groups, led by Beichen Group, have comprehensively supported grain prices and started purchasing large quantities of grain on the market.
At the same time, a lot of unfavorable news about Changshan County began to circulate in the market.
The Long-Term Cooperation Department resolutely fought back against this.
Direct confrontation in the field of public opinion has also begun.
The 24th day.
The Imperial Ministry of Commerce promulgated a new Imperial Advertising Law, which clearly stipulated that vulgar and obscene advertisements were not allowed.
Many of Changshan County’s old advertisements were banned. Although the Changshan Association Department responded quickly and replaced them with new ones, it still caused some adverse effects.
At the same time, a fire broke out in Xiyanzhou, the empire's second largest granary, and it is said that tens of millions of grains were burned.
Food prices are still rising.
The 25th day.
Xiao Xiao urgently called Lin Wen and said that the grain transport ships in Shizhou had transported less than 500,000 tons of grain for three days, and the grain reserves were running out.
Lin Wen asked curiously, "Don't you usually issue contracts for three months? Why are you calling for an emergency?"
Xiao Xiao said anxiously, "After all, we've only been around for a short time and our reputation isn't stable. If I rashly cancel short-term contracts, the market will suspect we've absconded with the funds."
"Right, right," Red Nose interjected, "Long-term contracts must be paved with short-term contracts. Three million tons a day means at least one million tons is less than a week."
"Chief Lin, we must not run out of food. If we lose our supply, all our initial investment will be wasted."
"Oh." Lin Wen asked, "How low has the price of grain dropped now?"
"8101 yuan per ton."
puff!
Lin Wengang spat out all the water he had just drunk.
"What did you say? You've been smashing it for so long? It's getting higher and higher?"
"Chief Lin, let me explain. This is..."
"I don't want to hear your explanation." Lin Wen said angrily. He finally found the source of the disappearance of the crisis. He worked hard for a long time, made threats, dealt with grain, and set up exchanges, but in the end, the price of grain increased by nearly one-third?
Those capitalist financial vampires must have laughed their teeth off, thinking he was just a boastful paratrooper, so naturally the threat was gone.
Where can the emperor put his face?
Lin Wen felt his heart break when he thought that his enemies were actually laughing at him behind his back and treating his bold words as nothing.
"From now on, Changshan County will produce five million tons of grain every day! You must drive down the price of grain for me! I want to hear the enemy's wails, not yours!"
Xiao Xiao wailed, "Chief Lin! Food, what should we do with the food?"
Lin Wen angrily said, "You've sold so many deeds, don't you have money? Go buy some food! Hold on for a while, I'll find a way."
The 26th day.
The Nadao Exchange once again announced a super doubling, selling 5 million tons of grain contracts every day.
Everyone was scrambling to grab this hard-earned opportunity amidst wild cheers.
During this period, due to the surge in the number of people and the shortage of jobs, not everyone can easily grab a deed.
No one questioned where Changshan County got so much food.
Institutions and investment banks don't either, because they know that capital is the most generous and kind before it occupies the market.
On the top floor of the Mingguang Exchange, everyone was silent, shrouded in the terrifying shadow of Changshan County.
Li Zairong had already returned from Changshan County. He asked in a trembling voice, "Is it possible that His Majesty and the Great Elder are behind this Lin Wen?"
No one answered his stupid question.
This was an obvious signal of declaration of war from Changshan County. The more the price of grain in the empire rose, the more they sold. The price of two thousand yuan never changed from beginning to end, as if they were indifferent to the market price which was more than four times of it.
They purchased grain within the empire, and Changshan County also purchased grain within the empire.
They refused to give in and continued to fight head-on.
There is no doubt that the more Changshan County sells, the greater the losses.
He has already invested a lot of money.
Faced with such a powerful offensive, the food group's budget has been exhausted.
Rono had to grit his teeth and propose a new budget, which caused a lot of dissatisfaction within the grain group. Their profits were rapidly decreasing and their risks were increasing.
However, they still had a glimmer of hope. The remaining grain in the market had basically been sold out, and some areas still maintained the ban on the sale of grain from Changshan County.
The two-week contract for Changshan County is about to expire and be delivered.
According to their calculations, Changshan County's food shortage is at least over five million tons.
As long as the deed cannot be delivered and Nadao defaults, all the credibility that Changshan County has painstakingly built will quickly collapse like a castle on the beach.
The 27th day.
Xiao Xiao bought back more than four million tons of grain from the market at a price of 8,171 yuan per ton to cope with the grain delivery in the next few days.
But the real gate of hell is still ahead.
Shizhou.
Qin Luoshuang repeatedly warned them not to let war happen again. Their actions were already challenging the bottom line of the empire. Any further rash actions would most likely completely infuriate the Supreme Council.
However, the Qin Group used Quzuo Town as its base and transferred a large amount of grain from Shizhou to its base camp, Xinyangzhou.
The reason why Lin Wen was able to collect less food was related to this.
There are not many grain warehouses left in Shizhou, and most of the stored grain has been transported back to Changshan County or distributed to local people.
Another part is in the hands of the Qin Group.
But Lin Wen never thought of taking food from the poor.
Whoever has food will be plundered.
At noon on the twenty-seventh day since the opening of Nadao, Lin Wen led the main force, the four military leaders, the human security forces, and the resistance forces, ignoring repeated warnings from all parties, and brazenly launched an attack on the Qin Group.
[Without a Colorful Phoenix] issued the highest warning to him unprecedentedly.
But Lin Wen still moved forward.
This is not suicide.
Once a day, [Luan Zhao Shui] clearly told him the answer.
Not suicide!
Not suicide!!
It's not suicide!!!
This is the result every day, it’s so pleasing to the eye.
Lin Wen suppressed his excitement.
Be angry, the Supreme Council, be angry, the Grain Group, be angry, Qin Luoshuang’s fake father.
Let the world feel the pain.
Emperor Lin Wen is coming.
Dig hahahaha.
The Qin Group's troops stationed in Quzuo Town totaled no more than 50,000 people, and Lin Wen's joint forces completely defeated them in just half a day.
The defeated troops fled in panic back to the group's base camp, Xinyang Prefecture.
Lin Wen intercepted all the grain transport teams and occupied the large grain warehouse in Quzuo Town.
This is a major transportation hub, and there are trains, making it very convenient to transport grain.
Lin Wen's mouth was almost crooked from laughing.
At this moment, an unprecedentedly huge black number obscured his vision.
Bring disaster to all living beings, bad karma +3021.
What??
Looking at the terrifying number, Lin Wen's soul was about to explode.
What sin have I committed?
Are all the soldiers of the Qin Group reincarnated saints?
Or will destroying the stronghold trigger some unforeseen consequences?
Lin Wen's blood was about to spurt out.
With so many bad karmas, even if he used "Demon Disintegration" to eliminate them, it would still cost him more than 30,000 good karmas.
I've been doing this for so long, and I've only earned a little over 60,000 good fortunes.
Having lost half of it in one go, what good is there left?
No, we must find out the reason.
Lin Wen asked [Xianrenzhilu] directly.
Where does bad karma come from?
Cost: 5%
The answer is just eight words.
[Yaojing is in turmoil, bringing disaster to all living beings]
Thank you all for your small tickets, thank you all for your rewards, thank you to the leader of Yeshawu, I feel your support, Ashan bows to you all here m(__)m
(End of this chapter)
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