"This is your money, please collect it."

In the bank, the teller girl placed all the cash requested by a customer on the counter, and she also sent an envelope that could hold money very intimately.

The customer did not withdraw a lot of money, only two thousand and one hundred yuan, and some change, and an envelope was more than enough.

After counting the money twice at the counter, he smiled like a sigh of relief, and then left after saying goodbye to the teller girl.

The next customer walked to the counter, and the girl was just like before, speaking with a smile that was almost equivalent to instinct.

What made her feel a little strange was that this lady who seemed to be in her fifties actually came to withdraw money, and also wanted to withdraw all the money in the account.

She felt something abnormal, but this feeling came quickly and went quickly. He was working and didn't have time to think about it, so she started to serve this lady.

A few minutes later, five thousand yuan in cash was neatly placed on the counter. The female customer muttered something after counting the money, and left with the money.

Before the next customer came over, the teller girl turned her head to look at the other counters. She was a bit at a loss, because every window seemed to be handling withdrawals.

The arrival of the next customer forced her to return to her work and glanced at the long line. She didn't have much time to think about it.

This scene is not only happening in the Imperial Royal Bank, but also in all banks in the Imperial Capital and surrounding cities, and it is happening at a speed that people cannot understand. Spread quickly to other places.

The "little secret" circulating in the crowd is like a prank joke-there is no money in the bank.

Yes, "there is no more money in the bank", this is the whole content of this rumor, but in the process of spreading this rumor, it is difficult for people not to subjectively add some new information to it, to enrich this news. Make it look like a joke.

From “many people go to the bank to withdraw money” to “some banks can no longer withdraw money” to “I heard that the recent incident involves some banks, and these banks have been temporarily closed” and finally “the bank asks for money”. B"

The development of the rumor did not actually take too much time. In two or three days, the rumor is like a bacteria falling in a petri dish, spreading rapidly in the most perfect environment.

And all this led to the birth of a terrible phenomenon.

Run!

The most feared of any bank is a run. Take the Baylor Federation as an example. Suppose a bank has deposits of one million in deposits. It is certainly not possible that all of this million is in the bank’s vault. Bankers also plan to use this money. Money makes money.

So there is a question here, one million deposits, how much can the bank take away for investment or other things?

Federal banks are divided into multi-level systems, according to different levels and different policies in each region, ranging from a maximum of 50% of deposit guarantee to 12% of deposit guarantee.

That is to say, the bank can only leave 120,000 of the 1 million at the minimum, and the remaining 880,000 will be used for borrowing or investment. At the maximum, they must leave a deposit of 500,000, and only 500,000 can be used. For other purposes.

But here, there is actually a small loop problem. For example, bank B promises to guarantee bank A. When bank A has a run or it is difficult to pay depositors, bank B will allocate funds to bank A to solve these problems.

Then they can sign an agreement between the two parties, so that Bank A can use all depositors' funds to borrow or invest to the maximum.

This happened in federal history. As a result, Bank A failed to invest and went bankrupt. Bank B refused to pay all depositors on the grounds that “bankruptcy is not in the agreement”. The shareholders have been in jail for two years.

Of course, they also went smoothly and legally took away a lot of money from depositors.

The banking system of the Gevula Empire is not much different from the banking system of the Federation. After all, in some respects, many rules of the Federation are “borrowed” from the Gevula Empire.

Later, in the process of social development, these rules were gradually replaced by new rules with federal characteristics, but in general, the two sides can be said to have the same origin.

In Gevlar, the largest bank is the Imperial Royal Bank, because behind it is the royal family, and the money from the treasury is also stored in this bank, which gives the Royal Bank the greatest confidence. Their deposit margin is better than people think. Less.

Once the deposit in the bank is withdrawn, what will happen?

Without money to pay to other depositors, the bank is in great danger and may even go bankrupt.

When this happens, those lenders will never rush to repay the loan. They will only delay as long as possible until the bank fails, and then use a cheap "price" to buy out their "debt".

Suppose you borrowed one million from the bank, even if you don’t need interest, you still have to pay one million.

But after the bank goes bankrupt, the assets will be auctioned. They may buy their own debts for three to five million yuan, and legally save hundreds of thousands of them, so anyone with a normal mind knows what to do at this time.

Now, the run wave has revealed its power, and it does not even require the nobles to run the run. Just civilians can overwhelm the major banks.

The news of the run on major banks quickly fermented, and some TV stations immediately cut into the live broadcast, and this also led to more people who did not know the news to know the news.

The bank is running out of money, and people have lined up to withdraw money, and it will be too late if you don't go!

All kinds of people interviewed were angry, anxious, or desperate and told reporters about their emotional changes. Not only themselves, but also those in front of the TV broke down.

"The chancellor is over!" Lynch watched the long line on TV. Now the situation was completely clear. He turned his head to look at his little brother, "How is the exchange financial index now?"

The youngest earl ran to make a phone call, and then ran back, "Mr. Lynch, it has already begun to fall, but the drop is less than one percent..."

"It's okay!" Lynch responded, and then looked at others, "Once a bank run occurs, it will immediately lead to a sell-off in the financial market."

"People will end their financial investment plans early because they worry that their money can't be withdrawn or their cash is not enough, especially some large companies."

Lynch took out a cigarette, the youngest earl immediately lit a cigarette for him with a lighter, and looked at Lynch with admiration.

Obviously the two are about the same age, he is still like a child, and Lynch is already controlling the struggle between the prime minister and the chancellor in another way.

Finding the feeling of the father's generation in the peers will leave those young people the deepest shock, a kind of blind worship.

Lynch said thank you, his eyes stayed on the little earl's face for a while, the little earl was actually a little shy.

Unable to endure the urge to get goosebumps, Lynch looked away, "Previously, the Chancellor of Finance used various methods to force those listed companies to repurchase circulating stocks more or less in order to boost stock prices and stabilize market conditions. ."

"This has also created a phenomenon that no one has thought of, that is, the pockets of these large companies have very little liquidity."

"I am a businessman and I have more than one company. I know very well that the management of liquidity by businessmen is very strict."

"What I'm talking about is not that they want to ensure that they have more liquidity, but that they want to ensure that liquidity is spent on every penny without affecting the company's operation and facing some unexpected situations. "

"This also means that unplanned stock repurchases have brought their current cash close to the warning line. Coupled with the bank run turmoil, it is even more impossible for these large companies to withdraw any large amounts of cash at this time. If they want to resist Risk, the best way is to sell stocks."

"They have to vomit how many stocks they bought these days, and they have to sell more stocks to deal with the possible financial crisis!"

Lynch said a lot in one breath, and the nobles in the room listened very carefully, whether they really understood it or pretended to understand it, at least they seemed to understand it.

If someone has a better memory, they may find that as time goes by, fewer and fewer people ask questions.

It's not that they can all understand Lynch's ideas, but because of their abilities, they can't ask more questions in these areas. After all, Lynch is professional, they are not.

He took a short break, drank a little coffee, ate a sweet little pastry, and continued, "In order to cope with the run, they will definitely tighten cash and even collect some loans."

"You should know that many companies are operating in negative equity. If banks don't want to have problems, they don't want to be unable to pay or even go bankrupt due to a run~lightnovelpub.net~their best way is to get the money back."

"This also indicates that some companies will have major funding problems. Once the funds on their books are withdrawn by the bank, these companies will go bankrupt if they can't survive the next payday!"

"And now until the next release date..." Lynch said and looked at the others.

This question is not difficult. The nobles suddenly showed a smile that was deeply involved in it. Many people rushed to answer, "Only one week!"

Lynch nodded. This gave every noble who answered this question a heartfelt joy, not only because they participated in the whole process, but also because they were able to interact with Lynch, but also because they got this right. The key issue.

As long as people are involved in it, there will be an inexplicable sentiment, an incomprehensible emotion.

Lynch let out a sigh of relief, "This game is about to end soon, and then it's time for us to fight for the benefits."

"The Chancellor of the Exchequer will step down, and your Majesty will come in. Each of us will become more valuable!"