Azure Cloud Sect Had It Too Rough
The news quickly spread throughout the continents that the Azure Cloud Sect had lowered the prices of its pills and Law Treasure while raising the prices of its spirit medicine and materials.
Many sects realized that a money-making opportunity had arrived.
In a short time, apart from a few major sects, countless first-rate and second-rate sects rushed to the Azure Cloud Continent with large quantities of materials, spirit medicine, and Spirit Stone.
According to Azure Cloud Gazette, the commodity price adjustment period is only one year.
They absolutely cannot miss this opportunity.
Many sects even went so far as to use up all of their sect's reserves.
In reality, only a few super sects have deep foundations and countless Spirit Stones and materials; other first-rate and second-rate sects don't have much money to offer.
What they can usually provide are various materials.
Every sect is seizing this opportunity.
Therefore, these top-tier sects often carry materials worth hundreds of millions.
As for those second-rate sects, if they gather the strength of the entire sect and provide more than ten million materials, it shouldn't be a problem.
All these countless materials ended up in the pockets of the Azure Cloud Sect!
The hundreds of billions of Spirit Stone that Azure Cloud Sect had accumulated in the early stages were all used up and transformed into spirit medicine and refining materials that filled the treasure vault.
At this moment, it could be said that there was no one in the world with more materials than the Azure Cloud Sect.
It could even be said that more than half of the materials currently existing in the world are gathered in the Azure Cloud Sect.
Several major sects made significant contributions to this effort.
The Myriad Spirits Sect provided materials worth 6 billion Spirit Stone; One-Guard Monastery provided materials worth 4.5 billion Spirit Stone; the Great Snow Mountain, Return to Origin Temple, Sacred Spirit Church, Cloud Firmament Palace, and so on, added up to more than 20 billion Spirit Stone in materials.
These sects compensated the Azure Cloud Sect with a large sum of money last time, so now that they have the opportunity, they are naturally going to rip the Azure Cloud Sect off!
Even the allies of the Azure Cloud Sect, such as the Langya Sacred Land, Sea-Heaven Pavilion, and Heavenly Heart Island, each sent over ten to twenty billion worth of materials.
With such a massive amount of funds, even the Azure Cloud Sect almost couldn't withstand it.
Fortunately, the Azure Cloud Sect managed to maintain some working capital by simultaneously acquiring materials and producing and selling goods.
Although the materials were acquired, the Azure Cloud Sect also signed a bunch of IOUs.
The total amount of pills and Law Treasure that all the top sects in the world need to redeem is seven or eight hundred billion!
This is a truly terrifying number!
Thinking of that pile of IOUs, not only were Ling Yunzi and the others anxious, but even Situ Mingyue, who knew the inside story, was getting a little worried.
"Eldest Senior Brother, I've done the calculations. We need to repay at least 82 billion worth of goods within five years. Can we even produce all of these? Also, all of these 82 billion worth of goods are on IOUs signed at current prices. Aren't we losing way too much?" Situ Mingyue asked worriedly.
Zhang Yang smiled faintly, "What IOU? Where is there an IOU?"
"Ah?"
Situ Mingyue was stunned.
She quickly realized what was happening and asked in surprise, "You mean you're going to deny it? Then the reputation of our Azure Cloud Sect will be completely ruined! Will anyone still want to do business with our Azure Cloud Sect in the future?"
Zhang Yang shook his head. "Apart from the few IOUs owed to our allies that need to be paid, we'll simply accept the debts owed to the other sects."
"They'll definitely post the IOU, and then the whole world will condemn our Azure Cloud Sect." Situ Mingyue said with a wry smile.
Zhang Yang shook his head. "It depends on how you look at it!"
We were clearly trying to help all sects overcome their difficulties, which is why we lowered the price and offered discounts to other sects!
However, each of the major sects, relying on their financial resources, has acquired billions of our goods, leaving us with billions of goods in debt... In the future, we will tell the other sects that all the goods they failed to acquire were bought by other major sects.
We need to act pitiful; then the criticism won't fall on us.
Alright, we have completed this operation as planned.
All we can do now is wait!
Three months later, all goods were cut off from supply, and they stopped selling goods to other sects.
At that time, we will give a promissory note to the first-rate and second-rate sects, but each sect can only be given about ten million worth of goods.
These people's goods need to be redeemed.
The rest can be ignored.
Two years later, they started raising my price!
Situ Mingyue smiled helplessly and went to set up the facilities according to the plan.
Three months later, all the goods in the Azure Moon Merchant Association were sold out!
The other sects that arrived later all felt a surge of resentment as they looked at the empty Azure Moon Merchant Association.
They were just too late to buy anything?
Are all these discounts gone?
After the representatives of these sects found Situ Mingyue, they began to complain, hoping that the Azure Cloud Sect could find a way to sell them some cheap pills and Law Treasure.
Facing a group of the Primordial Spirit Realm and Dao Integration Realm cultivators, Situ Mingyue began to play the victim. "Everyone, it's not that we don't want to give it to you, it's just that the other major sects are too ruthless!"
The Myriad Spirits Sect, do you know how much they bought?
10 billion!
We had no way to satisfy them, so we could only write them an IOU, promising to pay them back within five years.
The Sacred Spirit Church also signed IOUs totaling eight billion!
Our Azure Cloud Sect originally intended to offer some assistance to fellow cultivators across the land, but these major sects exploited our weaknesses and bought over 80 billion worth of goods!
This time, we've really suffered a huge loss!
All the sects that failed to purchase the goods were instantly enraged.
No wonder they couldn't buy them; they were all bought up by these major sects?
Eighty billion!
Thinking of this terrifying number, they finally understood the Azure Cloud Sect.
No matter the sect, could they produce so many goods in less than a hundred or two hundred years?
They no longer resent the Azure Cloud Sect; they only resent the major sects.
Situ Mingyue glanced at everyone and sighed, saying, "I understand your difficulties. If you are willing, we can give you an IOU first, and we will pay you back after the goods are produced. However, each household can only receive a maximum of ten million Spirit Stone!"
"If you're willing, we can write you an IOU right now."
Everyone was stunned for a moment, but quickly reacted and said in unison, "Yes, of course we're willing!"
They initially thought they wouldn't get any benefits, but now they're even receiving goods worth ten million Spirit Stone —what more could they possibly want?
Subsequently, dozens of sects, each holding an IOU, waited in Azure Cloud City.
On the Azure Cloud Sect's side, the entire Azure Moon Merchant Association remained completely empty.
Two months later, only a few items began to appear.
However, these few items that appear are quickly sold out.
Zhang Yang dragged things out like this, alternating between letting go and holding back, and managed to drag it out for a whole year.
Then, as agreed, the price of the goods was restored to its original level!