Early the next morning, Federation businessmen came to the market early in the morning, leaned against the empty stalls, and looked at the angry Qingshan businessmen with a grin.
Although they belonged to different chambers of commerce, they were all inextricably linked to the same name – Gear Chamber of Commerce.
Liu Jin, a salesman of the Gear Chamber of Commerce, entered the Chamber of Commerce because of his relationship with the boss, Liu Hong. However, his excellent business strength immediately won the unanimous approval of the shareholders of the Chamber of Commerce, and he was repeatedly entrusted with important tasks.
At this moment, as one of the masterminds of this dumping incident, he was leaning against the door of the grocery store belonging to the Gear Chamber of Commerce and looked at the depressed market with a mocking gaze.
To be honest, although he was confident that he would win this trade war, he was still a little anxious.
After all, NAC was a violent organization. If they couldn't win financially, they could just flip the table, and he couldn't do anything. Although this would cause great damage to the influence and credibility of NAC, the Gear Chamber of Commerce would undoubtedly suffer some losses.
Boss Liu Hong judged that Jiang Chen would not sacrifice the influence of the entire NAC for the market of Qingshan Town. But to be honest, as one of the masterminds, he was very uncertain.
The impartial militia guarded the entrance of the market and signaled the local businessmen who wanted to cause trouble not to be impulsive.
Although they already knew some inside information and were also dissatisfied with the actions of these Federation businessmen, as soldiers, they couldn't do anything about it. Their task was to maintain the security of the market, not the financial order.
With the decline in the price of nutrient supply, the land price of Golden River Farm also fell. From three days ago, it had fallen by 30%.
Federation used two years of accumulated nutrient supply to sell in a few days. Although they lost nearly one million crystals in this business, as long as they quickly exchanged these appreciating crystals for land, they would earn ten times the loss!
There were not many nutrient supply left in the truck behind them. But it didn't matter, no one would buy it now.
The price of B grade nutrient supply had fallen to the floor price of one crystal for ten, and the C, D, and E grade nutrient supply synthesized from mutant flesh and blood had become an existence that no one was interested in.
The current situation was that for every ton of mutated fruit produced by farmers, the net loss was 10 crystals. For every ton of B-grade nutrient supply produced by processing plants, the net loss was 1100 crystals.
The nutrient supply processing plant in Hucheng had completely stopped production. About 600 workers were laid off.
The drop in the price of nutrient supply led to the drop in the price of rifles, bullets, protective gear, medicine, and other commodities. However, this did not improve the lives of the locals because they no longer had the ability to purchase. The reason for the drop in price was only because the crystals circulating in Qingshan Town had decreased.
These cheap necessities were usually bought by outside merchants, and 80% of these necessities went to the Federation.
Very soon, Qingshan Town would face an economic depression. The people here would discover that the things in the market were clearly very cheap, but they just couldn't afford them …
However, the merchants from the Federation did not laugh for long.
Not long after the market was opened, the people of the Zhao Group put up a sign in the market.
"B-grade nutrient supply for credits, 1 credit to purchase 10 nutrient supply."
B-grade nutrient supply was the majority in the food consumption market. Its production was much more stable than the other models due to the mutated fruit. Basically, its price determined the price of the other nutrient supply.
The people of Hongcheng were no strangers to credit points. Within the NAC controlled area, as long as the signal was received, they could connect to their bank account at the Sixth Street through EP and interact with other accounts to complete payment and collection.
Other than electronic currency, the Sixth Street also issued a certain amount of paper currency for merchants to use in other areas. Because of this, in other areas outside of Suhang Province, NAC paper currency could be seen. As long as it was a merchant fleet heading east, they all recognized this currency.
Currently, the publicly recognized exchange rate between credit and crystal was 1: 5. In places further away, it might be 1: 4 or 2: 5. But in Hongcheng, the standard exchange rate was still 1: 5.
Under normal circumstances, one B-grade nutrient supply sold for 0.5 crystal. The current market price was 0.2, which converted to credit was 0.04.
But what did the Zhao Group mean by this?
One nutrient supply at the price of 0.1 credit? Were they planning to forcibly raise the price of nutrient supply?
Liu Jin disdainfully smiled.
It was too late to do anything. Even if they spared no expense and fed the already indigestible market "stomach medicine", it would not help the situation. The survivors would be willing to sell their nutrient supply for 0.1 credit, but would they be willing to buy it for 0.1 credit?
And they had already achieved the goal of increasing the value of crystals. Not to mention that the survivors here were not used to the currency of credit. Even if everyone recognized the value of credit, high-value crystals were still the strongest currency.
Unless NAC transported crystals by truckloads from other places and forcibly injected them into the market, it would be futile no matter what they did.
"Boss, Boss Liu."
"What's up?" Liu Jin looked at the shop assistant with a smile.
He was in a great mood. He would soon lead the Gear Chamber of Commerce to launch the first shot to monopolize the nutrient supply market in Hongcheng!
However, just as he was fantasizing about what kind of reward the Chamber of Commerce would give him when he returned to Zhonghe City, his shop assistant handed over the newspaper in his hand with trembling hands.
"This is?" Liu Jin frowned slightly and took the newspaper from the shop assistant.
"Sixth Street's newspaper … Our merchant fleet over there, a scanned copy."
Liu Jin opened the newspaper and slowly scanned through the contents of the newspaper. However, when he first saw the headline, his heart suddenly skipped a beat.
[Ten mutant ranches in Wanghai announced increased production at the same time. The value of crystals may usher in the biggest drop this quarter.]
[The Sixth Street Bank increased the official exchange ratio of credits to crystals from the original 1: 5 to the current 1: 10!]
At the same time, NAC announced that because of the excess production capacity of crystal ranches, crystals were currently in an oversupply state in the Sixth Street. In order to encourage investors to use credits with stronger purchasing power for settlement, all real estate transfer procedures in the NAC signal coverage area must be carried out using credits.
If the transfer insisted on using crystals, a high value-added tax would be levied on both the buyer and the seller …
When Liu Jin saw this and saw the crowd gradually surrounding the Zhao Corporation's shop, he began to sweat profusely.
They directly attacked the exchange rate! It was too shameless!
This was not the end. NAC's combination attack directly blocked the possibility of them buying real estate from the bankrupt! Not to mention other things, in the past five days, they used the nutrient supply they hoarded to exchange for crystals, and it was all wasted in their hands!
At this time, even if they held tons of crystals, no one would trade with them. Unless they paid a higher price and used the exchange rate of 1: 15 or even 1: 20 to dump the crystals in their hands, no one would use the credits in their hands to exchange for the crystals in their hands.
The Gear Chamber of Commerce was completely "tied" to crystals!
It's all over …
Liu Jin slumped on the ground, feeling a little dizzy. He pushed away the worker who tried to help him up, ran back into the shop, and took out the phone from the drawer.
He now needed to get in touch with the boss in the shortest time.
At this moment, Liu Hong, the boss of the Gear Chamber of Commerce, also slumped on the office chair and stared blankly at the ceiling of the office.
There was a harsh ringing in his ear, but he didn't want to pick it up.
Just half an hour ago, the wealth in the hands of the Gear Chamber of Commerce shrank by half, and the shareholders were blowing up his phone.
He considered various scenarios, including NAC's massive purchase of nutrient supply from civilians at a premium to forcibly stabilize prices. He also considered NAC breaking the free trade agreement, learning from Empire, and imposing high tariffs on foreign merchants to avoid market depression at the cost of raising the cost of living of local people.
However, he didn't consider that NAC would attack the currency itself.
And this attack directly cut off the arms of the Gear Chamber of Commerce.
The sudden attack caught him off guard.
After a long silence, Liu Hong silently took out a cigarette from his pocket, put it in his mouth, and lit it up. He rarely smoked in the office. Although he was the most powerful person in the entire Federation, he had always strictly controlled himself. But now … he needed to relax properly.
Liu Hong closed his eyes, leaned back on the office chair, and began to think about the next countermeasures.
However, what made him desperate was that he couldn't think of any good ideas. If NAC was determined to implement the new currency in Hongcheng, even if the Gear Chamber of Commerce controlled more crystals, it wouldn't be able to withstand this exchange rate weapon.
Wait for the value of crystals to return? They couldn't afford to wait …
Just then, his secretary pushed the door open and walked in.
Looking at the beautiful figure under the suit, it was the first time Liu Hong felt annoyed.
"What's the matter? I said let me be alone. "
"Boss …" Secretary Xiaoru gulped.
"Hurry up." Liu Hong pinched his eyebrows and said impatiently.
"Our third shareholder sold her shares to NAC through the Federation's stock exchange," Xiaoru said quickly.
In an instant, Liu Jin's eyes turned red, he suddenly stood up, and grabbed his secretary's collar.
"What did you say! Wu Qian, that b * tch, sold her shares to NAC?! "
"Yes, yes." Xiaoru trembled and replied with difficulty breathing.
Liu Jin let go of the secretary's collar and sat back on the office chair in a daze.
Xiaoru coughed desperately. Inadvertently, she glanced at her boss.
She was surprised to find.
The high-spirited business leader seemed to have aged a decade in an instant …
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