It's considered...

The case of Emperor Apocalypse.

What is this answer?

However, Emperor Tianqi was not in a hurry. He looked at a eunuch casually and said, "Go and give a seat to Zhang Qing's family."

He gave the order.

Wei Zhongxian, who was standing aside, hurriedly took Jindun.

Zhang Jingyi sat down without hesitation.

Emperor Tianqi stared at Zhang Jing and said, "What strategy did you use? The price of grain is easy to rise, but it is very difficult to fall. I just thought about many possibilities. Maybe you had left a piece of grain before and sold it at this time? Or... In fact, there are many people in this grain merchant who are arranged by you, who are in harmony with you?"

These are the only ways that Emperor Apocalypse could think of.

Zhang Jingyi couldn't help but smile and shook his head and said, "What Your Majesty has claimed is all conspiracy."

Emperor Tianqi blushed and said, "If you can reduce the price of grain, no matter what method he can help the people, it is a good deed."

"That's it..." Zhang Jingyi said seriously: "But the conspiracy is just the strategy of a few people in the dark room. It is impossible to accomplish these things with this method, because it is very simple. Any conspiracy requires interlocking, requiring every step to be on the point, and requiring everyone to act according to the plan. If the matter is not closely connected, it cannot be completed. No one can complete such a big thing even if it falls off the chain. How can such a big thing be accomplished by conspiracy?"

Emperor Tianqi chewed Zhang Jingyi's words carefully and felt that it made sense.

So he said, "In this way, you are not using conspiracy."

Zhang Jingyi said calmly: "The humble one is to use open conspiracy!"

"Only conspiracy?"

Zhang Jingyi said: "The advantage of open conspiracy is that you only need to create momentum. As long as the general trend is completed, no matter whether others know or not, you must follow the trend."

"Okay, I'm listening with utmost care. I want to hear what your open conspiracy is?" Emperor Tianqi said with interest.

Wei Zhongxian couldn't help but cheer up, and had no other intentions, just wanted to learn.

Zhang Jingyi said: "Your Majesty still remembers selling grain at a high price in Beixia?"

Wei Zhongxian couldn't help but thrust his face at this time. Are you embarrassed to say this?

Emperor Aoki was curious about the baby and nodded like a chicken pecking at rice.

Zhang Jingyi continued: "These grains were born at the lowest price on credit, but in the end they were sold at tens of times the price."

Hearing this, Emperor Aoki couldn't help but show his envious look.

Zhang Jingyi looked bitterly: "Actually, I don't want to make money. Money is something outside of my body. I don't bring you life and die and take you away. What's the use of leaving so much money? This is for Your Majesty and the people..."

Wei Zhongxian suddenly became energetic, and he suddenly realized that Zhang Jingyi was not without any learning.

This must be recorded.

Zhang Jingyi continued: "Your Majesty, if a family is said to be rich, even if his family has ten thousand taels of silver, then... how much cash can he take out?"

This sentence brought down Emperor Aoqi.

Zhang Jingyi seemed to have not expected Emperor Tianqi, who had been in the deep palace for a long time, to answer, so he quickly said: "The so-called wealth of families is actually good if most families can take out a thousand taels of cash."

This is the truth. Value and cash are two different concepts.

Zhang Jingyi said again: "What will happen if you use the cheapest, even hundreds of thousands of stones of grain from credit, suddenly put it into the market?"

"I know this." Emperor Tianqi said: "Of course, the price of grain fell sharply."

"Yes... not right." Zhang Jing smiled and said, "The grain price at that time, with the fuel of grain merchants, had reached a high level. At this time... so much grain was humble and suddenly started to sell. There are two possibilities: the grain merchants let it go, but if they let it go, they would be miserable, because they had purchased a lot of grain at a high price. If the grain price started to fall at will, they would suffer the most."

Emperor Tianqi's eyes opened slightly, and he suddenly realized his mind and couldn't help but nod.

Zhang Jingyi said: "So, it is decided that in order to maintain the grain price, they will definitely try their best to maintain the grain price, such as... to buy goods. After all, everyone knows that Guanzhong has a severe drought and there is room for future grain prices to rise. Why not eat all the grains and continue to wait for the increase in value?"

Emperor Tianqi immediately said, "Yes, if I were a grain merchant, I would do this."

Zhang Jingyi said: "But... for grain traders, there is another problem. In order to ensure that the grain prices continue to rise and consolidate their interests, they have to eat a lot of grain. While creating momentum and creating an atmosphere of rising, where does their money to buy grain come from? After all,... the original seven cents of silver were just a crazily sold out the food that had written an IOU. If they want to eat, they need to take out more than a dozen taels of silver to buy a stone. Do they have so much cash on hand?"

Emperor Aoki was stunned: "No?"

Zhang Jing smiled and said, "Of course, some people have cash on hand, and they buy as much grain as they have."

Zhang Jingyi then said, "But some people are different. They are even more greedy. Since they believe that the price of grain will soar, then today he spent 1,000 taels of grain to eat today, and in a few months, he could get 2,000 taels of silver. But will they be willing to earn only this thousand taels of silver?"

"Of course, there will be some people who want to use 10,000 taels of silver to eat the food, and wait until the future ten thousand taels of silver will become 20,000 taels. But they don't have cash on hand, so... how can they get huge profits?"

Wei Zhongxian, who was so obsessed with the sensation, subconsciously said, "Borrow loan."

Zhang Jingyi couldn't help but give him a thumbs up and praised him without hesitation: "Brother Wei is really smart."

Ice and Snow are smart...

Wei Zhongxian: “…”

At this time, Zhang Jingyi said seriously: "So, they have to borrow money. They don't need all the grain merchants who buy grain to borrow money. They just need a part of them to take risks."

At this time, Emperor Tianqi couldn't help asking: "So what if you borrow?"

Zhang Jingyi said: "The mentality of debtors and those who are not debtors are different. The humble one can use the debtors to give an example, leverage, which means using a small amount of funds to increase more capital. These people who operate leverage are actually humble trends. Because they owe debts, they are particularly sensitive to any disturbances in the market. Because ordinary people who hoard grain, if they have a slight chance of lowering the price, even if they lose money, the grain is still in their own granary. At worst, they can continue to hoard and sell it when there is a good price in the future."

"So even if the food prices are loose, it is absolutely impossible for these people to sell their food in a panic because of some rumors or the possibility of price reduction in the future."

"The humble trend is that these people who borrow money to buy grain have extremely low ability to resist risks. The turbulence of grain prices may make them lose all their money. They are desperate people who lick blood at the tip of a knife. If there is any profit, they will bet on their own lives. But once the market fluctuates, they are also the most popular people in the market. If there is a little movement, they will think of cutting their flesh and running away."

"The humble first wants to use the selling of high grain prices to create a large number of borrowed grain merchants. Then, when the price of grain reaches a high level, he will ask His Majesty to see the sweet potatoes and release false negative news. These news... If rational people may be disdainful, because in their opinion, this is no big deal, and the big deal is hoarding. But it is different for those who borrow and buy grain. After buying so much grain, they not only need to spend a lot of money to stock up on grain, but also need to pay high interest. Once they realize that the future price of grain has lost its attractive prospects and may even have huge holding risks, then... they will sell and recover the losses."

After hearing this, Emperor Tianqi seemed to understand it, but he understood the general meaning, and was stunned for a moment: "It turns out that this grain merchant has such a distinction."

Zhang Jing smiled and said, "These lending grain merchants are mixed with other grain merchants. Once they start selling secretly, there will be more grain on the market. Of course, other grain merchants can also perform their original operations, that is, continue to sweep goods, just like they were dealing with the humble. It's a pity... this method can be used once, but not the second time. Because the funds they have on hand are gone when they sweep the humble grain at the beginning. At this time, when facing the higher-priced grain on the market, what can they use to eat on a large scale!"

"The final result, Your Majesty also saw that many people were selling quietly. Although other grain merchants had the psychological need to maintain grain prices, they were powerless. They could only see that the market was filled with a large amount of grain. Finally... the price began to fall, and once it fell, more people would start to panic, because once everyone realized that tomorrow's food would be lower than today's food, naturally, they would also find ways to sell the food at hand quickly. The more people sell, the few buyers were. In order to recover the losses, the only way was to keep the price down and sell it, and finally form a trampling, that is,... whoever sells the food slowly will die!"

"This is no longer the desperate selling of the borrowed grain merchants, because the trend has come to an end. Even those who are not in debt and have stocked up a lot of food at home have to cut their own flesh immediately to protect themselves. Otherwise, would the grain bought at the high price be kept in their hands and let it become less valuable?"

"Just now, as far as we know, not only are all grain merchants trying to find ways to sell grain, but even the gentry who stock up some grain in the granary on weekdays are also trying to find a way to sell the grain while it can be sold for a few more money! Your Majesty, now the entire capital has become a disaster."

…………
Chapter completed!