The skyrocketing price of licorice began to drive people who had lost money in the raw lacquer trade crazy, as they seemed to see hope.
In order to be able to make money, many people began to spend all their money to enter the market, while other local businesses have begun to see the hope of making big money.
They began to enter the market as a group and began to fight in the enclosure, just as Zhao Wengu predicted.
The most bizarre scene broke out, not only in Panyu, but almost in the entire Lingnan area.
In all the cities, countless people began to stop working on production, and the money they earned in a lifetime of doing business was not as much as what they made in one wave of trends.
With such good things ahead, who is willing to make money honestly?
People's hearts began to lose, and people began to go crazy.
Every day, the restaurants and brothels outside are full of people in twos and threes.
They gathered together and began to discuss the matter of speculation. The price of licorice had been increased to ten times the original price.
This made many people's hearts agitated, and many people gritted their teeth and took action directly after suffering the loss of raw paint.
However, this time is different from last time. As long as they dare to sell, someone will immediately start to purchase a large number of them!
This Lingnan land is like a giant gold-swallowing beast growing out. No matter how much licorice is thrown out, it will be swallowed in one gulp. In the end, not even a drop of water will be raised.
Although it is inconvenient for many dignitaries to do so in person, they still make a lot of money.
The licorice needed by the small court of South Vietnam was purchased directly from the Han Dynasty, and a dedicated person was responsible for the docking every year. Although there was a lot of commotion outside, they still did not take it seriously.
On the contrary, because of the frequent buying and selling in the past few months, the tax revenue has actually increased.
This made Zhao Tuo, the King of South Vietnam, very happy. According to this tax growth rate, the country would become rich and the people strong just around the corner.
As for the price fluctuations in the market, how could he care about these businessmen when he has been in the palace for such a long time.
After all, in this mainly agricultural society, businessmen have a low social status, and those big businessmen are almost all spokespersons of aristocratic families.
As for the civil and military officials of the Manchu Dynasty, most of them are also vested interests. Many of them are the most aggressive people in the hype, so naturally they will not open their mouths to destroy their own jobs.
And those gentlemen completely looked down on those businessmen, who were synonymous with filth in their eyes.
For the sake of a small profit, one by one digs holes in the mountains, and the businessmen naturally don't bother to care about it.
Without the intervention of the imperial court, the extreme desire for wealth began to slowly change its flavor. Without the restrictions of the law, desire began to grow into a poisonous dragon that swallowed the sky and the earth.
After all, licorice is a medicinal material. If you have a patient at home, in order to get some licorice to make medicine, you have to go all over the world to ask for medicine.
The more people wanted to buy this thing, the more the price of this thing skyrocketed. By the ninth day of August, the price of this thing had reached fifteen times the original price!
More and more people are selling, and people are starting to get scared, but some people are still buying.
There is even a saying that seems to make sense in Panyu City. If you want to make a lot of money, you have to be greedy when others are fearful and fearful when others are greedy.
This sentence does not sound wrong on its own, but it is different at this time.
This immediately became the wise words of those businessmen. Since it makes sense, then continue to buy!
On August 12, the price began to skyrocket again, directly rising to twenty times the original price!
In just three days, they actually lost five times their profits. This made countless people beat their chests, and each of them started to regret it. At the same time, they also believed in this weird business rule.
Since they regretted it, they naturally wanted to buy it again. So, under the influence of greed, they bought it again at a high price at any cost.
There are not a few such people, and they are all small businessmen in cities everywhere!
Finally, when the price of licorice reached a sky-high price of twenty-five times, the price began to plummet for the first time.
August 20th was a day that made the entire South Vietnam cry. A large amount of licorice suddenly began to appear on the market.
This made many people smell something that they could not smell, and the fearful crowd began to throw out their opinions one after another.
Long queues formed at the entrance of major pharmacies, and people started selling their own licorice like crazy.
In order to be faster, some people even started to set up stalls to sell in street markets.
The court was indifferent to this kind of thing. As long as the taxes were paid, they didn't ask about anything else. This made the matter worse.
Although the licorice they hold is nothing compared to the huge total, their actions are spreading panic.
The local merchants sensed that something was wrong, and they began to consciously protect the market, maintaining the high price of licorice, and at the same time began to buy in large quantities.
However, the sudden appearance of licorice on the market seemed to fall from the sky, and the overwhelming amount of licorice directly filled their warehouse.
What's more terrifying is that the price of licorice is still falling. On the 20th alone, the price of licorice dropped from the highest price by nearly 50% of the total price!
This cliff-like falling speed suddenly became everyone's deepest nightmare.
The price of a commodity has never been related to the commodity itself, but only to the scarcity of the commodity itself.
When something starts to go bad, how can the price rise so high? When everyone starts selling crazily and fleeing, how can a few businessmen stop it...
The hype for so many days is like a dream. Now this dream is starting to turn into a nightmare, but countless people are unwilling to wake up.
Xu Liuzi sat slumped in his big house. In front of him, dozens of big pockets were filled with licorice.
He spent a lot of money to buy them all, but now, everything is over...
All his money is here, and this house has been mortgaged to someone else. Tomorrow morning, someone else should come to collect the bill.
Gorgeous silk clothes were placed in front of him. Untouchables were not allowed to wear silk, so he only dared to enjoy himself at home.
He reached out and stroked the smooth silk. He couldn't figure out where he went wrong...
It was getting dark, but the depreciation of licorice did not stop.
There are still people in the market who do not believe in evil and are buying licorice. However, the price they buy is even lower than the price of licorice in the place of origin.
Their existence has further aggravated the collapse of licorice prices, but even so, some people are still desperate and sell to them...