Blackstone Code

Chapter 1477: The crushing of one person belonging to

When an ordinary Lemar resident walks into the lobby of the National Bank with his property title certificate, he can easily apply for a mortgage loan and make a loan on the same day. It is enough to imagine how tempting it is for people!

Now most people need money, and the material shortage in society is gradually emerging. This is no longer the era of barter.

It doesn't mean that you can get what you want from someone else by holding something that you think is valuable.

You have to get the money out!

This is also an inevitable result of social development and evolution. In fact, fundamentally speaking, using currency to buy commodities is essentially a kind of barter, because we all know that currency itself is also a commodity.

It's just that this kind of commodity is very special, it powers the purchase to a certain extent and is directly reflected in the ontology of the commodity, so this commodity as a reference becomes more and more important.

Banks are willing to lend, and more and more people walk into the bank, so that the money it can mobilize is getting less and less!

The president who knew about these things yelled and greeted the loan business supervisor from top to bottom. If it wasn't for his temperament, he might have already started.

When people have made a decision, their position and attitude change will be more resolute than people think.

like a woman. .

When she loves you unconditionally, you can tug at her by the hair behind her back while you say humiliating things, and she'll feel that as long as you're happy, she'll be happy.

But when she doesn't love you, you're like a maggot in her eyes, and she won't mind lifting her high heels if she can kill you with one foot.

On some issues, the change of people's position and the firmness of their attitude are beyond people's imagination!

After these two days, the head of the loan business decided to make a good impression on the new owner. At this time, facing the head of the National Bank, he did not panic at all.

"President, there is no administrative document telling me that we are going to stop the loan business, so I just followed my job content and did what I was supposed to do..."

Of course there can't be an administrative document that says "Because we don't **** have money, so don't give **** loans to other people", it's impossible to do that kind of thing.

And the president can be sure that he and the loan business supervisor have greeted him, and he will not approve the loan business during this time.

His explanation unexpectedly calmed down the president. He stared at the subordinate in front of him, as if he was meeting him for the first time.

Looking carefully, his eyes were full of discoveries, disbelief and disgust.

He pursed his lips, "I see, you were fired, let's take over the job."

The head of the loan business was also stunned for a moment. He did not expect the president to be able to dismiss him so decisively. He tried hard, "The dismissal of my position requires a meeting to discuss, and you have no right to do so."

The president sneered, "So from now on, when you are on vacation, when will you come back to work and wait for my notice, is there any problem now?"

Personnel management, including work and vacation arrangements, the president has a lot of power in this regard.

The loan business executive pursed his lips and looked at the other party for a few seconds, then complied with the decision.

"If that's what you want, then I'll go to rest..."

Before he could finish speaking, the president pointed to the door and said in a relatively calm but trembling voice, "Get out, get out of my room!"

There was an uncontrollable anger in his voice. He pointed at the door with his right hand and clenched his left into a fist.

The head of loan operations took a few steps back, then turned to leave.

He wanted to say something nice, but after seeing the look in the president's eyes, he decided to keep his mouth shut.

As soon as he left the office, the president fell down on his chair as if he had collapsed, and his body lost all strength in an instant.

After a while, he reluctantly picked up the phone. At this time, his body gave him the feeling that he had been hungry for a week, and his body had no strength at all.

On the other end of the phone was the President. After the call was connected, the President had already spoken, but the President did not know what to say.

He held the phone and listened to the president's voice from a little impatient, to completely impatient, and then to hanging up the phone, and his movements had not changed.

The busy tone on the phone beeps for a while, and then goes completely silent, which means it's completely over and the line is closed.

He looked at the receiver in his hand and put it back in a daze.

What to do now?

He sat in a chair and asked himself.

He wanted Mr. President to issue an announcement, and then the bank to issue another announcement, so that there is still some newly printed money in the warehouse, which can be somewhat resisted.

But soon, he gave up.

The invisible enemy has strangled the neck of the bank, and once the run begins, everyone will be the enemy of the bank!

This can no longer be solved by issuing new coins, unless the President can approve him to print hundreds of billions at a time, but obviously, this is impossible.

No matter what you come up with at this time, there is nothing you can do.

An hour later, the National Bank of Lemar suddenly announced that the annual interest rate on savings was adjusted from 7.79% to 26.9%, and the interest rate after the increase was more than three times the original!

The news quickly brought a brief lull to the Lemar society, which was in constant chaos.

what does that mean?

To put it simply, if you save 1,000 yuan in the bank for a year, you will have 1,269 yuan with interest after one year.

The best hedge fund in Baylor Federal didn't return more than 11 percent last year, and that's just expectations.

But in the bank, this is the value!

Some people started walking into the bank and they were going to put their money in, after all that money would always be in their hands if it wasn't spent.

But put it in the bank and you get more.

Some people also began to apply for larger loans. When the deposit interest rate was adjusted but the loan interest rate was not adjusted, it was a smart person to take a loan from the bank and then deposit it into the bank.

But obviously, after the president's greeting, all loan business stopped again.

After twelve o'clock in the afternoon, the president's people found the president, and then he had a phone call with the president.

"Is it your call in the morning? What happened? Why did the bank interest rate adjust so high?"

There was exhaustion in the president's voice. If the Paradise Island Resort did not start work for a day, those workers would not let him go for a day.

Because it's a payday, these people have been without income for a few days, and they don't have much money left in their pockets.

This feeling of being in a desperate situation with no money to use anytime, anywhere, makes everyone hate it, they can only trouble the president, because it is because of him.

Now comes the bigger trouble.

It's okay for the National Bank to raise interest rates, but what about those private banks?

After the national bank's interest rate has been raised to a terrible level, the depositors of the private banks will take their money out of the bank and put it in the national bank.

Unless the private bank also keeps up with the national bank's interest rate, at least it can't be too far behind, and the gap is still a few tenths.

Otherwise, private banks will soon face a run on the wind.

Private banks, to put it bluntly, are in compliance with the rules, and are authorized fund-raising activities within the rules and regulations. The money of these depositors is not honestly kept in the bank's vault.

This money has also been taken out by the operators of private banks to develop industries or operate financial products, and even this money is not in the country!

They are even less able to resist risks, and what is more troublesome is that those behind these private banks are those who are at the peak of Lemar's wealth or power.

The dissatisfaction they showed gave the President a great headache. Now these banks can only stabilize their depositors and ask the President or the National Bank to explain the situation. to the original interest rate.

Otherwise, the only thing they can do is keep up with the National Bank interest rate, which is not something they can afford.

They have not achieved such a high net profit in terms of the utilization rate and profitability of depositors' funds, and they cannot support such high interest rates at all!

Therefore, the accountability of the president comes.

The president had a lot of things to say, but he didn't know where to start, he just stood there dumbfoundedly holding the receiver.

After about three or five minutes, a sigh opened his mouth.

"We've been fooled, Mr. President, by Lynch and the Commonwealth."

"Raising interest rates is the only way we can save ourselves now. Once the Federals start destroying the National Bank, not only me, but also you will be affected!"

The president was at a loss~lightnovelpub.net~ his forehead was filled with the unpleasant cry of seagulls, "I don't understand!" This sentence meant to let the president clarify.

And the president, of course, is clear.

"Our loan to Lynch is in new currency, which is counterfeit from our point of view..."

The president suddenly interrupted him, "How could it be counterfeit money? Isn't this money printed by the coin factory?"

The president's voice rose a little, "But there's no documentation to prove it ever existed, Mr. President, do you understand what I mean?"

"There isn't any document that can support that it actually exists in our perception, what is it not counterfeit?"

"Even if we add some paperwork now, it's too late, and if I'm not mistaken, the Commonwealth should be ready to crush our economy, finances, and currency."

"I'm so stupid to forget how they dealt with Nagalil..."

"Mr. President, we're done!"