The Fourth Spirit Stone Financial Crisis

I learned a lot from Haid's two books, although I learned the ideas expressed by Haid in the book in a fragmented way. I have been reading online novels for 10 years, and I think this book and the previous one are the best ones I have ever read, killing 99% of online articles. Other novels published in the past or currently are not worth reading. All they say is upgrading, becoming stronger, and picking up girls. Some books are funny and can make people feel happy, but after happiness, there is nothing left. Some books seem to want to express something profound, but in fact they are just nonsense, which is annoying to the eyes. I hope Haid's works will get better and better. If Haid sees this post, I hope Haid will provide some books or papers on cultivating a correct world view and good thinking skills. Of course, reading without practice is meaningless. As Haid said in the previous book, he worked in the asset management industry for several years before he figured out all aspects of the financial management industry. If you want to learn things from books that can improve your own and other people's lives, you must practice them, although I don't know what to practice and how to practice...

😰Can spiritual stones be compared with money? Money, whether banknotes or gold, is not a necessity, but spiritual stones are considered necessary consumables in the world of cultivation. Let me see how you can turn this into capital.

This book is quite real, and one can't help but feel that such a world should exist in which these things really happen. The specific cases described by the author under the economic system reform actually describe the resistance to reform, instead of being like other novels where the reform is very easy to succeed, or the political factions are profiled. How can reality be so simple? It's okay to defeat an obvious villain. How can it be so complicated? Various matryoshka dolls, reversals, and secret societies keep appearing. In a word, things are connected together, and one move affects the whole body. Finally, I support the author.

Notes for this comment area: Under normal circumstances, posts in this comment area will not be deleted and comments will not be forbidden But if someone leaves a comment without even reading the first three chapters of the novel, don't blame me for deleting the comment. This book is called "The Fourth Lingshi Financial Crisis", which shows that the monetary system of the cultivation world has been iterated for four generations. By the fourth generation of Lingshi credit currency system, Jiuzhou World has already established a modern credit currency system based on the central bank's balance sheet, with the equity of the seven major Lingshi veins as the main collateral on the asset side. Currency issuance has long been decoupled from Lingshi (I have already made it clear in Chapter 3). Actually, I know that writing so many financial technical details in the early stage is very discouraging to readers, and it is better to lay the groundwork slowly. However, I do this because I am afraid that some self-righteous people will make excuses. As a result, there are a lot of people in the comment area asking whether spiritual stones can be used as currency and whether spiritual stones can be issued in excess of 100%. It is obvious that they have not even read the first three chapters of my novel. I even sacrificed the three golden chapters to prevent criticism, but I didn't expect that there would be some scandalous people who came to criticize me without finishing the three chapters. I'll forget about raising this kind of question before, and I will delete it if I see it again...

This is the only novel I have read that mentions that immortality species reduce the rate of return on capital. It seems that the productivity of the cultivation world is no less than that of Japan in the early 20th century, which is enough to cause a financial crisis. The author uses the explosion of the cultivator population instead of the increase in productivity as the cause of deflation, including the slander of deflation. The foolish monks who believed in the counterfeit Lingshi currency paid a heavy price in the third Lingshi financial crisis. However, the current currency system in the world of cultivation is quite strange. It has never existed in human history. Even if there is only 2% inflation, 500 years is enough for 1 spirit stone to rise from 1,000 spirit stone coins to 1,600,000 spirit stone coins. This credit currency is not a tool for taxation, distribution and plunder, but a textbook credit currency.

I think the cultivation system of this book is quite good. In order to prolong life and increase the force that can defeat opponents, monks practice cultivation. Even if they have reached a certain level, they are bound by the law of heaven. They cannot slaughter cities and destroy families and species, because they will be punished by heaven and become obsessed, and the opponent will also capture you in order to gain merit. Among them, merit can increase the speed of practice. Correspondingly, people on earth engage in business for the sake of living standards. Once they have money, they will be subject to legal restrictions and cannot do whatever they want. However, some things can be settled with money, and everyone understands it, as long as it is not murder and arson. The logic of the book is basically self-consistent. As a web text, being self-consistent in logic is already a very high evaluation. What's more, it also involves a lot of financial knowledge, so it is a very good book.

I just read this book. The concept is very interesting, but I have a question. How can we play finance in a world where force is concentrated on itself? The strongest person can completely ignore the rules, do not need to make any compromises, and is not afraid of any threats. My heart is the heart of heaven, and what is yours is mine. Everyone in the world is hostile to me. I am like a breeze blowing on my face. I have the final say in my world. Anyone who refuses will be beaten to death. They are not as cowardly as the Eagle Kingdom in reality. They tease me about pandas and polar bears every day but dare not fight them.

The author of this book obviously has a relatively deep understanding of the real world, and is not the kind of people who are deceived by the media. Although he writes about the world of cultivation, the essence is closer to the real society than many novels about reality. There is often a knowing smile. Also pray for good luck to the author.

It's very interesting. It can be seen that the author has some experience in economics, finance, and management. This is the first time I have seen this kind of subject in Qidian.

The most special thing about Hai Da's books is that he writes seemingly absurd but extremely true stories in a playful manner against an imaginative background.