The Fourth Financial Crisis

The general direction has been determined, and now comes the details.

Through communication with Yuntianhua, Yang Lu discovered that Yuntianhua could take the position of president of the Lingshi Reserve Bank. His professional ability and skills were by no means ordinary, but his courage was more than one and a half points behind Li Qingyang. Especially when Yang Lu proposed that he must personally communicate with the angry troublemakers, President Yun immediately wanted to back down.

However, the matter has come to this, and Yuntianhua can say nothing more.

Today's troublemakers are like powder keg. A single spark can cause a violent explosion. If Yuntianhua still sends Wang Ziwei or other senior officials of Lingshi Reserve Bank to negotiate on his behalf, he may not even be able to find a chance to speak.

After much talk from Yang Lu and Wang Ziwei, Yuntianhua reluctantly agreed to go out in person to appease people.

However, in order to ensure that the plan was foolproof, Yuntianhua also repeatedly discussed the details of the next action with Yang Lu and Wang Ziwei, and even prepared several backup plans to deal with emergencies.

Yang Lu despised Yuntianhua's approach in his heart.

Dealing with emergencies is like marching and fighting in ancient times. It never follows the plan. After all, there are too many variables in the real world. Many times, in the end, what matters is the commander's field control ability and adaptability.

However, in order to embolden Yuntianhua, Yang Lu, the complaining monster, still swallowed these complaints. Anyway, even if these backup plans are useless, it is good to embolden Yuntianhua!

After sorting out the action plan, Yuntianhua called several golden elixir-level monks left behind at the Lingshi Reserve Bank to his office, and explained to them the next action plan and the tasks they were responsible for.

When introducing Yang Lu, Yuntianhua not only said that Yang Lu was Li Qingyang's direct disciple, but also claimed that what happened today was within President Li Qingyang's expectations and that he was the one who brought Li Qingyang's plan to the meeting. Came to help.

Yang Lu could also understand why Yuntianhua said this.

Although Yuntianhua has been the president of Lingshi Reserve Bank for nearly two years, because the most important personnel power of Lingshi Reserve Bank is completely controlled by Liu Hanxing, even Li Feiyu, the top five senior executive of Lingshi Reserve Bank, was forced to defect overseas.

All kinds of things have caused Yuntianhua's prestige to be very worrying, and he has long been unable to unite all the worldly monks.

Among the Jindan masters who can still stay at the Lingshi Reserve Bank headquarters, there are almost no elders of the Wuliang Sword Sect. They are all from overseas sects or from the Golden Sword Sect. Among them, Yang Lu also saw his own sect for the first time. The current head is Zeng Zhiquan, chairman of Wuliangjianpai Stock Exchange.

This "strongest programmer in the world of cultivation" with elegant temperament and scholarly demeanor, after seeing Yang Lu and Li Qingning next to Yuntian's incarnation, he just nodded very politely and did not put on any airs as a leader, just like As Xu Yannan once introduced when Yang Lu first entered the Immortal Sect, Golden Blade Sect is more of an academic mutual aid organization than a cultivation sect. Even the leader and ordinary disciples do not have a strict superior-subordinate relationship.

The reason why these masters who were not from the Wuliang Sword Sect could stay at the Lingshi Reserve Bank in times of crisis was not because they had much confidence in Yuntianhua. They simply couldn't stand Lin Jianxing's style of meddling in the Lingshi Reserve Bank at will.

If Yuntianhua says that the next action plan is all arranged by himself, these big guys whose cultivation and qualifications are not much worse than Yuntianhua will at best be dissatisfied and will definitely not be willing to fight for this former colleague and current boss. .

Although Li Qingyang has been dead for two years, his reputation within the Lingshi Reserve Bank is still at its peak. If these plans were formulated by Li Qingyang, none of the veterans of the Lingshi Reserve Bank can say anything.

Not that no one suspected that Yuntianhua had falsely conveyed Li Qingyang's will.

However, what Yuntianhua said was half-truth and half-false, especially since the small vault of Lingshi Reserve Bank was indeed left by Li Qingyang, and Li Qingyang's direct disciples and great-granddaughter also came to help at this critical moment. These evidences are presented In the end, those senior officials of Lingshi Reserve Bank who were dissatisfied with Yuntianhua could not find any fault.

After Zeng Zhiquan, the head of the Golden Knife Sect, was the first to express his support, the other elders of the Lingshi Reserve Bank did not hesitate for too long and agreed to cooperate with Yuntianhua in carrying out operations.

While Yuntianhua was uniting the internal forces of Lingshi Reserve Bank, Yang Lu, who could not say anything, also asked Wang Ziwei about the operation mode of Lingshi Reserve Bank.

Through indirect inquiring, he also gained a deeper understanding of the financial system of Cultivation.

Although the overall design concept of the financial system of the Kyushu Cultivation World should be completely derived from the financial system of the modern earth, because the Cultivation World has its own unique social structure, this means that after the earth's financial system is transplanted to the Kyushu Cultivation World, it will definitely not be able to completely copy the cat and the tiger. , but produced many magical changes.

For example, treating the Lingshi Reserve Bank accounts as core secrets is almost impossible to exist on earth (perhaps a certain Juche country exists, but the author is too lazy to verify it).

This may be because the earth’s monetary system was developed naturally by various countries. Therefore, there are hundreds of central banks in the world that are essentially competing. The competitiveness of central banks and currencies mainly comes from credit. If you don’t even have accounts, If you show it to others, they will definitely suspect that you are doing something secretly and choose currencies whose issuance process is open and transparent.

However, since the total population of Jiuzhou Cultivation World is only tens of millions, and the financial system of Jiuzhou Cultivation World is completely designed from the top by Governor Lu and built out of thin air, this results in the fact that there is only one central bank in the entire Cultivation World.

It is not that no other cultivators have tried to establish a second Lingshi Reserve Bank. However, after all, the Lingshi Reserve Bank has the credit endorsement of the Ascension Immortal, and the total population of cultivators cannot support the coexistence of two central banks, which results in five Over the past hundred years, only Tian Daxiao barely had the capital to try.

Since there are no competitors, Lingshi Reserve Bank formulating some unreasonable policies will not have too serious consequences.

In fact, Yang Lu didn't quite understand why Lingshi Reserve Bank's balance sheet had to be kept strictly confidential, and the level of confidentiality was so high that even as the vice president of Lingshi Reserve Bank, he could directly interfere with Lingshi Reserve Bank. Neither Liu Hanxing, the personnel appointee of Stone Reserve Bank, nor Wang Ziwei, who served as secretary to two presidents for eighty years, could figure out the profitability of Stone Reserve Bank.

However, the Lingshi Reserve Bank insisted on stipulating this, and said that it was an ancestral law jointly formulated by the three ascended immortals. Even Lin Jianxing was helpless about it, and finally Li Qingyang secretly hid it in a small vault.

And this is just one of the many differences between the financial system of cultivation and the financial system of Earth.

Unlike the earth's banks and financial institutions, which have already realized the informatization of liquidation, accounting, and transactions, since the magic threshold of the cultivation world is much higher than that of the earth's computer technology, only those with powerful cultivation forces can Only financial institutions with backing have the strength to realize automated transactions through the Immortal Formation.

In addition, the living conditions of most mortals in Kyushu are like the "Great God of Sanhe" on the earth. They spend whatever they earn every day and have no savings at all in their pockets. If something unexpected happened, he would have to go to the charity hall run by cultivators to be fed as livestock. If he recovered by luck, he would go back to the state of "working for one day and eating for two".

These mortals in Jiuzhou who are struggling to make ends meet are not qualified to participate in real financial activities.

The extremely low interest rates in the world of cultivation also make banks' main source of income not the interest rate difference between deposits and loans, but high handling fees (even deposits have zero interest rates or even slightly negative interest rates), which makes it even more prohibitive for ordinary mortals.

For various reasons, the only residents of Kyushu who are eligible to participate in financial activities are cultivators and their high-level mortal white gloves, and these ruling classes account for less than one percent of the total population of Kyushu.

Therefore, the concentration of the financial system in Kyushu Cultivation World is much higher than that on modern Earth.

Take securities companies as an example. In the huge world of Jiuzhou Cultivation, there is only one global monopoly securities company, Pan's Commercial Bank. Although the number of Cultivation Commercial Banks, which were born out of banks, is slightly larger, they are qualified to access the Lingshi Reserve Bank Immortal Formation. There are only a few dozen commercial banks with automatic settlement systems in the Jiuzhou cultivation world.

This is not to say that other chambers of commerce are unwilling to open banks and securities firms.

In fact, both the Haiya Chamber of Commerce and Pan's Commercial Bank have made astonishing profits by opening financial institutions. However, other cultivation forces cannot set up similar financial institutions because they do not have the ability.

After all, the territory of Kyushu Cultivation World is too vast, and the issuance of spirit stone coins in the entire Kyushu World must all go through the channels of the Spirit Stone Reserve Bank. Therefore, if you want to establish a commercial bank or a formal non-bank financial institution, you must set up your own The Immortal Formation is connected to the Immortal Formation automatic settlement system of the Lingshi Reserve Bank.

However, not only is this automated immortal array a huge investment, but it also requires full-time array masters to maintain it. The operating costs are very exaggerated. If the bank is not large enough, it will not be able to cover such huge operating expenses. Therefore, over the years, the Kyushu cultivation world has Instead of increasing, the number of commercial banks has actually decreased.

Haiya Bank, controlled by the Haiya Department, is one of the only commercial banks in Zhongzhou today.

With the help of the huge transaction flow brought by ocean trade and its upstream and downstream industries, as well as the daily turnover of the Haiya Commodity Exchange, the Haiya Chamber of Commerce is uniquely positioned to open a bank. It has enjoyed huge traffic resources since its birth. After After years of development, it has slowly become the financial overlord in the southeastern coastal areas of Zhongzhou.

Nowadays, in addition to opening branches in several major trading cities in Zhongzhou, Haiya Bank has even opened branches in Jiading Port in Borneo, Yangjiang Port in Huoyun Prefecture, and Huaishan Port in Nanman Prefecture.

Of course, commercial banks are not the entire financial system of the Kyushu Cultivation World.

Since there are not many commercial banks and they all serve high-net-worth groups, in order to meet the needs of ordinary mortals to save some pocket money, many large commercial banks have emerged that are directly connected to the automatic settlement system of Lingshi Reserve Bank. A private bank dedicated to serving ordinary mortals.

These banks open accounts in commercial banks and then provide retail services to ordinary mortals. However, compared to the cultivation commercial banks that are very close to the modern commercial banks on earth, the operations of these banks are very primitive and even rely on manual bookkeeping by mortals. , the reputation is also very bad, and there are often news of bank bosses running away with their money.

The advantage of this kind of primitive bank may be that it is cheaper.

However, because these banks have been away from the supervision of the Lingshi Reserve Bank for many years and are engaged in the business of second-tier dealers in commercial banks, they have gradually become tools for cultivators to cut leeks. The only difference is that the cultivator bosses of some banks are The long-term goal is to catch big fish, but some bank bosses just cut a wave of leeks and run away, which makes them look very ugly.

As the state's economy has worsened over the years, the number of the latter has also increased significantly compared to the former.

Precisely because there are not many regular commercial banks and non-bank financial institutions in the Kyushu cultivation world, the working pressure of Lingshi Reserve Bank is obviously less than that of its counterparts on Earth. It only needs to monitor these large financial institutions that are directly connected to the settlement system of Lingshi Reserve Bank. Institutions can monitor the capital flow of the entire Kyushu world.

The position of monetary policy observer stationed in Haiya City held by Yang Lu's enlightenment master Xu Yannan was actually originally set up specifically to supervise Haiya Bank. The headquarters locations of other large commercial banks and non-bank institutions were also occupied by Lingshi. The Reserve Bank has arranged similar positions for dedicated vertical supervision.

Since all transactions of financial institutions are processed centrally through the settlement array at the headquarters of Lingshi Reserve Bank, this also eliminates the possibility of major commercial banks making false accounts. After so many years of continuous improvement, Lingshi Reserve Bank has A complete anti-money laundering early warning system has long been established.

The developers and maintainers of this system are the team led by Zeng Zhiquan, the contemporary head of Golden Blade Sect.

Therefore, those very primitive ordinary money laundering methods cannot hide from the eyes of Lingshi Reserve Bank. This is why the money laundering channels provided by the Haiya Department are so important.

Without the cover of false trade flows provided by the Haiya system, any abnormal cross-border transfers cannot escape the monitoring of the anti-money laundering module of Lingshi Reserve Bank. If you want to launder money through underground banks, you will have to bear the risk of being hacked. The risk of fraud, because underground banks are not connected to the Immortal Formation Automatic Settlement System of Lingshi Reserve Bank at all, the success of transactions depends entirely on the credit of the bank itself. This kind of risk of fraud can be said to be unimaginable.

In the face of huge profits, the credit of private banks is no different than toilet paper.

Since the money laundering channels of Haiya Bank are irreplaceable to a certain extent, the ocean trade channels of Haiya Chamber of Commerce and the cross-border money laundering channels of Haiya Bank, both overtly and covertly, form the foundation of the entire Haiya system...

After Yuntianhua appeased the floating hearts of Lingshi Reserve Bank, Yang Lu also officially signed a transfer agreement for the non-performing assets of the Luo Family Chamber of Commerce with Yuntianhua on behalf of the Haiya Department. Through the immortal array automatic settlement system of Lingshi Reserve Bank, there was no How long did it take to wait? The Lingshi Reserve Bank soon received a remittance from Haiya Bank with a total amount of up to 500 million yuan in Lingshi coins.

Five hundred million yuan of spiritual stone coins.

If strictly converted, this is equivalent to the official financial income of the Shanying Sect for more than 20 years (the total income of the Shanying Sect must be more than this amount, after all, cultivators up and down the Shanying Sect still have to make money), this amount A huge sum of money is not a small sum for the Haiya Chamber of Commerce.

Yang Lu clearly remembered that when the Haiya Chamber of Commerce bid for the official business partner of the Infinite Sword Sect, they only had a total of 100 million Lingshi coins in cash. Jiang Huaan and the others should have started preparing this fund long in advance. From this point on It can also be seen that Jiang Hua'an is quite confident that Yuntianhua will accept his conditions.