1138: C1138

C1138

At this time, the price of the Frigid Iron was still falling. Because it had been stir-fried twice before, the Frigid Iron in the warehouse had all flowed to the market, far exceeding the demand of the market.

But careful people will find that when the cold iron fell a third of the original price began to recover, and the rate of recovery far exceeded the normal bottom rebound.

People with a bit of experience in business knew that someone had grabbed the lowest price of the Frost Iron and started a large number of acquisitions, causing the price to rise rapidly.

Since they knew this was going to be easier, the merchants followed suit and bought the Frost Iron.

The first time, when the price of the Frost Iron had risen, a small number of people had purchased it. The second time was when all the wealthy merchants had purchased it in large quantities.

Therefore, when the price of the Frost Iron rose for the third time, regardless of whether it was large or small, merchants or commoners bought it with all the money they could afford.

Those who had lost all their money had borrowed money from the pawnshop to buy it.

The people had no money, so they went to the bank to borrow.

As a result, Hua Ruge bought a batch at the lowest price he could get, and just as the price returned to its normal level, the cold iron on the market had already been emptied. Not just the cold iron, even the cold iron that he could buy had been emptied out, and the price of the cold iron had disappeared from the market within a short five days.

Coldsteel was an essential ingredient in the forging of weapons. As a result, all the workshops for forging weapons were closed. Not only did they shut down the workshops for ordinary citizens, but even the various camps for forging weapons could no longer continue.

The price of weapons also rose along with the price, rising again and again. In the end, people could no longer afford to buy weapons.

The Great Zhou Empire relied on metal ore to refine weapons to support their economy. Since they were unable to buy cold iron on the market, the country could only speed up the mining speed of the cold iron ore.

The commoners didn't care if the country had any weapons to use, or if they wanted to sell to other countries. They just waited for the price to fall, throw out the Frost Iron in their hands, and become rich overnight, reaching the pinnacle of life with a flip of their hands.

The price of the Frost Iron had indeed risen shockingly. After seven days, it had risen to thirty times the market price, but it still remained high.

After Hua Ruge received the news, he was only interested in eating and drinking at home, and did not care about it at all.

The market had its own rules. It did not allow the balance to be broken for a long time. Now that things had come to this, she could just wait and see.

Not long after it had risen to thirty times, someone could no longer sit still and began to throw the Frost Iron in the market. Not long after it had increased to thirty times, someone could no longer sit still and began to throw the Frost Iron in the market.

Three days later, Han Tie returned to the market. Five days later, he returned to two-thirds of his original price. Seven days later, he fell to one third. Ten days later, he fell to one quarter.

Coldsteel was completely worthless, and during this process, some people were happy while others were worried. This was because the price of Coldsteel had fallen even faster than it had risen. Only a few people had thrown it out when the price was high enough to make a huge profit.

Even though fewer people had access to it, they were able to throw it out while they were making money.

However, the market was only that big. Other than auctions, Weapons Pavilion, and the workshop that forged weapons, ordinary citizens did not need the Frost Iron. Thus, the Frost Iron on the market far exceeded what they needed. This led to more people throwing out the Frost Iron at a very low price.

Those with good sales channels were just a few big merchants, but those small merchants and the people who followed blindly were losing big time.

Those who took out money to compensate went bankrupt and those who took out pawn lost their entire family assets to speculate. Those who borrowed money to buy spirit stones owed a sky-high price. Those who borrowed from the bank not only owed the bank a capital, but also interest in the future.

This time, the economy of the Zhou Empire had completely collapsed. Most of the merchants had closed their doors, some of them having funds to do business while the rest had their shops compensated. After all, he had already made a pledge, and now he could no longer afford to pay back the money.

Before, they had relied on their skills and strength to earn money for food, but now most of the shops had closed down. Moreover, the economy was depressed, and the spirit stones had become worthless.

The cultivators also paid ding-dong sounds, but luckily they didn't have to eat. Even though they didn't have enough money to buy pills to cultivate or train, they were still very vexed.

Even for those big merchants who made money, their days were not easy, because right now, the shops were not open, the workshops were closed, and the country's resources were exhausted. Thus, other than the cold iron, everything else had very high prices, and although they seemed to have a lot of money on their hands, their purchasing power had not changed at all.

In this sort of environment, it was rare for people to remain unmoved. Thus, the number of people stealing and robbing within the Great Zhou Dynasty suddenly soared, and all the cities became a mess. The local officials tried to suppress them, but instead of suppressing them, a few riots broke out.

The court officials and emperors who had been paralyzed by the illusion of economic recovery woke up with a start, but it was too late.

The Great Zhou Empire's economy had completely collapsed. Industry and commerce had also been paralyzed. The hearts of the people were restless and in a state of chaos.

A grave mistake had been made!1

In the Imperial Palace, the Great Zhou Emperor smashed the dragon table in front of all the ministers with one palm, his face ashen as he squeezed out a sentence from between his clenched teeth: "Jun Tianxia, you are ruthless enough!"

How could he still not understand? Starting from the food price change two months ago, this was a conspiracy against the Great Zhou Dynasty. A carefully planned economic invasion.

"Your Majesty, please calm your anger. Right now, the citizens are extremely restless, and there is the possibility of a mutiny occurring at any time. You should hurry up and make a decision." Below was an old official's report.

He knew that he could not let things get chaotic at a time like this. Calming himself down, he said, "Pass down the order, I will take care of my people, exempt all taxes collected this year, and allocate funds for reconstruction."

Only by giving her hope would she be able to walk on a path of no return.

"His Majesty is wise and wise, but he is just waiting for the day when everything will be wasted. I'm afraid that the spirit stones in the treasury will also be nothing more than a cup of water waiting for a fire." The old official said again.

The Great Zhou Emperor clenched his fists inside his wide sleeves, but maintained a calm expression. He said, "Give the order for the metal ores to be reclaimed."

This kind of unrestrained reclamation of resources was undoubtedly cutting off his own escape route. However, he had no other choice. If he did not save them now, he would really die.

"Your Majesty's Holy Judgement!" The ministers spoke in unison.

The Great Zhou Emperor waved his hand, "Prepare the decree."

With regards to Great Yu Dynasty, when Hua Ruge saw the decree of the Great Zhou Emperor, he couldn't help but put down the melon seeds in his hands and said with great interest: "This Great Zhou Emperor has some ability.

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