Chapter 056 Refund!(1/2)
The 1 meter bill was passed?!
After hearing the news, Al's right hand clenched into a fist, and his whole body was tense and extremely excited.
She knew that she would witness the largest leek-cutting event in the history of the Kingdom of Gods!
The most exciting thing is that this cutting of leeks came from Mr. Ludden.
Al was honored to participate and make some modest contributions.
"Don't be too happy too early."
Luden, who was sitting on the other side of the long table, was actually very calm.
For him, this was something that was expected and there was no surprise at all.
And...this short selling has just begun.
If you really want to maximize your benefits, just doing this is not enough!
"Sell all the remaining grain in our hands. As long as it is the market price, we will sell as much as the other party wants."
Luden casually ordered to go down, and Al immediately called a few stewards to assign the tasks.
After the passage of the [1-meter pricing power bill], the originally high food prices will immediately suffer a devastating blow.
Under normal market conditions, the price of grain is 2 meters per bag, and one bag of grain can be exchanged for one day of temporary residence.
Originally, people expected the pricing of temporary residence rights to start at 5 miso and go up to 10 miso!
Under such circumstances, people rushed to buy grain, exchanged the grain for temporary residence rights, and earned the price difference, which naturally drove up the price of grain.
This is the power of consensus.
In addition, Luden was frantically delivering blessings in the Kingdom of God, borrowing 10 and repaying 12 in 7 days, which caused the supply of food to exceed demand and further pushed up the price of food!
At its peak, grain prices rose from 2 meters per bag to 5 meters per bag.
The grain collected by Luden was also shipped in large quantities at this time and replaced with miso.
Then...
The 1 meter bill was passed and the consensus was broken!
A bag of grain can be sold for 5 meters, which can be eaten or exchanged for 1 day of residence.
5 miso can be exchanged for 5 days of residence.
People who hold grain in their hands will naturally sell it in exchange for miso.
Of course, this is the simplest model deduction.
In this transformation, the most important change is that after the consensus is broken, people form a new consensus!
Food prices should fall!
Of course, in this process, there will be large households like the Holy Family who, in order to stabilize market prices, hoard goods in an attempt to go against people's consensus and continue to maintain food prices that exceed market value, shipping little by little to avoid overbearing themselves.
of losses.
But... it's useless.
The food price of 5 meters is originally a deformed product of a special period, and is the result of being highly bound to the temporary residence rights of Shenzhou.
Nowadays, the temporary residence rights in Shenbang have plummeted to 1 meter, and the price of food has been immediately brought back to its original state.
Except for the Saint family, all the people who hold food are selling food like crazy!
In the face of consensus, the resistance of the Holy Family is like a mantis trying to control the chariot.
Not to mention, Luden was behind him and stepped on him hard.
He sold all the remaining grain in his hands, and continued to follow the market price fluctuations, selling at low prices, and frantically fueling the fire.
5 meters rope, 4.5 meters rope, 4 meters rope...
Welcome all comers!
As the sun sets, the trading market in Shen Kingdom is more prosperous than ever.
Awu kept going back and forth between the small building and the trading market, bringing back first-hand trading information to Ludeng.
"Mr. Luden, the latest price of food is 3 meters per bag!"
"Butler Charles sold 500 bags of grain for 2.80 miso!"
"It has fallen back to 2 meters! It has fallen back to 2 meters!"
"...."
When Awu brought back the news, his face was full of smiles, his voice was full of joy, and his young body seemed to have infinite power, supporting him from one trip after another.
As one of the insiders of the short-selling plan, Awu knows one thing very well:
The price of food has fallen sharply, and the more Mr. Ludden has earned!
In the face of consensus, grain prices did not hold up even for an evening and fell directly back to 2 meters.
Not only that, food prices are falling further!
Everyone is like crazy, looking for buyers for the grain in their hands. As long as the price is higher than 1 meter, they will make a profit!
For people outside the Kingdom of God, when the orcs attack, they need to have temporary residence rights in the Kingdom of God. This is a real necessity, not what experts say is a rigid need.
It’s such a loss to exchange food for temporary residence!
Even if a bag of grain is sold for 1.5 meters and used in exchange for temporary residence, it is still a profit!
The price of grain in the market has been falling, from 5 meters to 2 meters in less than 2 hours.
At this time, the stampede effect formed is enough to erase all reason and drive people into complete madness!
"Almost..."
Ludden knew very well that the market would rebound after hitting the bottom, and he would not be able to squeeze out every centimeter.
He has no power of his own, cannot control changes in food prices in real time, and cannot make hundreds or thousands of orders at any time, so he does not have the space and ability to jump repeatedly.
To put it simply: Shenbang does not have a futures trading platform.
certainly,
If Shenbang had a futures trading platform, it would be impossible for Ludden to short-sell on such a large scale.
An order came from the small building and was 100% executed by many members of the Isa family.
"Collect grain, if it's less than 2 meters, we'll harvest as much as we can!"
During this period, Ludeng Xiaolou has almost become the holy place of the Isa family!
If he just says a word, countless people below will run away and break their legs!
Of course, efforts are rewarded,
Regarding the upper limit of grain collection, Luden gave an exact number.
"Collecting 3 million meters of food is enough to repay the food arrears of all the saint families and large households."
After these few days of teaching by words and deeds, Al has learned to be smart.
Now, she will first ensure that Luden's orders are carried out before raising her doubts.
Luden will look at his own mood and give a certain level of answers.
After everything was done, Al returned to the small building, sat down and asked humbly,
"Mr. Luden, the food purchased for 3 million meters is not enough to repay all the food we owe."
3 million meters per bag, if 2 meters per bag, you can buy up to 1.5 million bags.
Even if the market price is lower, if the average purchase price is lowered, it will only be 2 million bags.
What's more, the entire Divine Kingdom cannot receive so much food!
Two numbers came to Al's mind:
Borrow 1.952 million bags of grain,
Also, 2.371 million bags of grain.
Far from enough!
If the difference cannot be made up, the compensation for breach of contract alone would be enough for Luden to cough up all his previous profits, and even lose a lot!
Al was curious, how Luden planned to make up the difference?
Luden did not answer Al's words, but instead asked,
"Are the guards outside the small building in place?"
In the name of protecting the saint El Isa, Luden applied for guard protection from the Inquisition and the Kingdom of God respectively.
Although he didn't know why he did this, Al still did it.
Al nodded. Everything was according to Luden's arrangement. There were more than twenty guards deployed outside, making it very safe.
To be continued...