Chapter 1619 Idol Lynch

"Are you sure you won't back down?" Joe Griman seemed to have confirmed Lynch's decision when he said this.

Lynch also nodded, "Yes, it's impossible."

Sometimes people may have such short-term doubts. On some issues, if one of the two huge guys makes a concession, the matter can be resolved properly and peacefully. Why does no one make a concession most of the time?

Here we have to talk about the cruelty of capital, because the fastest way for capital to grow is never to make money down-to-earth, but to annex!

Why do people believe in "miracles" in capitalist society?

Because this kind of financial miracle is always staged!

Is it a miracle that some small companies use some financial means to annex large companies that are several times or even ten times or dozens of times their own size?

This is a miracle!

The larger the company, group, and economy, the bigger it is, it is impossible to back down at any time!

The lion leader of the lion group must let people see his strength at all times, only in this way will there be no young lions to challenge their status.

In the federal news, many people may have heard that an ordinary citizen is dissatisfied with a politician or even the president.

But how many people can see ordinary people's dissatisfaction with big consortiums?

You don't need to express it, the legal counsel of the big consortium can let you understand what a stupid decision you made!

Even if they are wrong and unreasonable, they will continue to initiate lawsuits until they make those people go bankrupt and shut them up!

It's not just consortia against ordinary people, nor is there peace between consortia and consortiums.

Capital is terribly aggressive. If they make concessions today, those people will launch more brutal attacks in more fields tomorrow.

You gave in for the first time, so this time, will you give in?

Not to let?

What you are facing will be a more severe situation than last time. You gave in last time. Will you not give in this time?

So why let it go last time?

let?

Very good, your retreat has excited other capitals, they are like sharks smelling blood, rough, brutal, crazy!

They will increase their strength and continue to force you to make concessions in order to seek more benefits, and even more capital will unite to force you.

The situation you face will only become more severe, harsh, and even desperate!

So, will you let me go or not?

Concession step by step, persecution step by step, until the end you will find that every concession you make has become your indulgence to those competitors!

Countless eyes are staring at you, as long as you take the first step!

Joe Griman is now considered a senior executive of the bank. He knows very well that Lynch will never make concessions, and neither will the six major banks.

Just because he won't make concessions doesn't mean he can't compromise. The purpose of Joe Griman's trip is to test Lynch's attitude.

When Lynch told him his guess in an affirmative tone, he smiled and said, "Our idea here is that everyone holds each other's shares. In fact, before you came, there were many among the six major banks..."

He shrugged, and with some small movements of his hands, you can feel the meaning behind his movements.

"...you know, we compete with each other, but we cooperate with each other, and we need some assurance."

In the Commonwealth, the most direct and effective way to fornicate with other capital is to exchange shares.

After exchanging stocks, everyone's interests are basically the same, and it can even be said to be integrated.

Suppose there are two companies in an industry, and these two companies cross-hold 50% of each other's shares. Can it be said from a certain perspective that these two companies have completed the monopoly in the industry?

If you increase the number of companies in this industry to three, four, five, six...

They all hold part of each other's stocks and finally complete the implicit combination. Then can it still be said that there is no monopoly in this industry on the surface, but in fact it has been monopolized?

Federal law does not allow you to say that, because according to the interpretation of the federal "Anti-Monopoly Law", these companies themselves have nothing to do with the stocks of companies held by investors, and they do not constitute monopoly.

As long as these companies accept investment from investors—tradable shares, as long as these companies do not hold absolute pricing power—free market, as long as these companies do not control the production of new entrants from the source—upstream monopoly.

So basically, it can be said that these companies are not monopoly companies.

But capital is always greedy, hypocritical, and smart!

If a company is too big, it will be regarded as a monopoly, so the company should be split into many companies, and the main equity is still in the hands of the previous people.

On the surface, one company has become seven, and a large number of investors have entered, which breaks the monopoly.

But in fact, there will always be someone who can see clearly that the monopoly still exists, but it has become more advanced and less noticeable.

And this is a new type of monopoly after the "Anti-Monopoly Law", which is more secretive, harder to detect, and stronger.

Nobody can use the Antitrust Act against them anymore because it's not written into the Antitrust Act.

The six major banks knew that they could not restrict Lynch's development, and knew that the establishment of Blackstone Bank had become inevitable—

Lemar's central bank has the power to issue currency, and this power to issue currency is enough to give Blackstone Bank great potential.

Some people will see them as two different things, Blackstone Bank is Blackstone Bank, Lemar Central Bank is Lemar Central Bank.

But the Big Six are very clear that they are actually the same thing.

Since Lynch can't be solved, let him be pulled in, into this big circle of high-level monopoly, to protect their own interests.

Joe Griman looked at Lynch expectantly. If Lynch could agree, his position in Jinhui Bank would be more stable.

Lynch thought about it for a long time, and finally agreed.

Banking is not like other industries where you can bump into the rule makers because the nature of the business is the same, but the methods and behavior are different.

It happens from time to time that new commodities replace old ones, just like lighters replaced matches in earlier years.

At that time, many people did not think that the lighter would be the winner in the end, because its unit price was higher, its function was the same as that of matches, and even in some cases it was not as separable and disposable as matches.

You can drop a match to start a fire, but not a lighter.

With a high price and single performance, no one thinks that lighters can become a mainstream product.

But the lighter eventually succeeded, and the scale is getting bigger and bigger, and it has begun to surpass the match market in turn.

This is ordinary business, competitiveness, innovation, development, as long as you have a certain part, you can definitely gain a foothold.

But banks are different, competitiveness does not come from innovation, but competition of financial resources!

You give 3% interest, and the six major banks group together to give 5%, and they will also increase if you increase, and the six major banks have a solid foundation, and they don't care about short-term gains and losses.

Not competing with them on interest?

Then you will naturally have fewer depositors, the bank will have no money, and the loan business will be difficult to develop.

Even if the loan business is launched, you have to be careful and vigilant against the wave of runs that may be triggered at any time!

This is an industry that fights over who has more money. Even if Lynch has all the ideas and ideas in his head, it is difficult to fight against the six major banks in the banking industry.

So he decided to compromise, and in fact he was not at a disadvantage. Holding the stocks of the six major banks can be said to be equivalent to buying the last insurance for himself!

The "guarantee" that Joe Griman mentioned before actually hopes that Lynch's Blackstone Bank can cooperate with the six major banks in terms of general policies and strategies.

For example, in terms of raising and lowering interest rates, loan dismantling, and capital flow, they don't want a spoiler.

Lynch finally gave Joe Griman an affirmative answer, and he was willing to have an in-depth talk with the six major firms.

This made Joe Griman very happy, and he also invited Lynch to attend the Federal Banking Conference at the end of the year.

Those are the six major industries... No, the grand gathering where the future seven major industries formulate the rules of the game every year...

After getting Lynch's reply, Joe Griman left soon. He just came to test whether Lynch was willing to cooperate.

In the past, Lynch was always independent, and no one knew if he would do the same in this field.

Fortunately, he did not appear as a spoiler this time, and then the Federal Reserve Bank sent an invitation letter to Lynch, inviting him to join the Federal Banking Federation.

It also vaguely mentioned that they should sit down with Lynch and have a good talk about "cooperation".

Over the weekend, Lynch met the little boy's girlfriend at Bu Paine's largest playground.

Girls from the Federation... can always give people a feeling of advanced maturity. She is only thirteen years old, but it looks like this girl is about sixteen, seventeen or eighteen years old.

She has a big tall one, slightly taller than the little boy, with a good figure, but the chest doesn't seem to be developed enough.

But this kind of thing~lightnovelpub.net~ is not the turn of Lynch. Generally speaking, she is a nice girl, very cheerful and polite.

She greeted Vera first, then Lynch, and tried to ask for Lynch's autograph.

"My sister and I are your admirers, Mr. Lynch, can you give us an autograph?"

Strangely, Lynch was not an actor, but in the eyes of the Federation teenagers, he had more status than any actor or singer.

Maybe it's Penny's relationship, maybe it's just his own relationship. Many people admire him and regard him as an idol in life.

This may be the reason why he continues to create miracles. It is said that some fanatics even created such things as the "Lynch Worship Association"!

They regard Lynch as a totem, a symbol, like religious worship, saying that believing in Lynch can gain the power of life...

Lynch did not refuse the girl's little request. After asking the girl's name, everyone took a group photo together and signed their names when they left the amusement park.