Blackstone Code

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

Nowadays, most people need money, and the scarcity of materials in society is gradually becoming apparent. This is no longer the era of bartering.

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

You have to come up with the money!

This is also the inevitable result of social development and evolution. In fact, fundamentally speaking, using money to purchase goods is essentially a form of barter, because we all know that money itself is also a commodity.

It’s just that this kind of product is very special. It transforms purchasing power to a certain extent and is directly reflected in the ontology of the product. Therefore, this kind of product as a reference becomes more and more important.

The bank is willing to lend money, and more and more people come to the bank, so that the money it can mobilize becomes less and less!

The general manager who knew these things cursed loudly and greeted the director of the loan business from top to bottom. If his self-cultivation was not up to standard, he might have already taken action.

When people make a decision, their stance and attitude change will be more decisive than people imagine.

Like a woman...

When she loves you unconditionally, you can say humiliating words while pulling her hair hard from behind, and she will still feel that as long as you are happy, she will be happy.

But when she doesn't love you, you are like a maggot in her eyes. If she can crush you to death, she won't mind lifting her high heels.

On some issues, people's changes in stance and firmness of attitude are beyond people's imagination!

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

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

Of course, there cannot be an administrative document issued that says "Because we have no fucking money anymore, so don't give random loans to others." This kind of thing is impossible to do.

Moreover, the general manager can be sure that he has said hello to the loan business manager and will not approve any more loan business during this period.

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

He looked at it carefully, his eyes filled with discovery, disbelief and disgust.

He pursed his lips and said, "I understand. You have been fired. Please hand over the work."

The director of the loan business was also stunned for a moment. He did not expect that the general manager could dismiss him from his job so decisively. He tried his best and said, "Removing me from my position requires a meeting to discuss, and you have no right to do so."

The general manager sneered, "So from now on, if you are on vacation, when will you come back to work and wait for my notification, is it okay now?"

The general manager has great power in personnel management, including work and vacation arrangements. There is no difficulty in giving him such orders.

The loan business manager looked at the other person with pursed lips, for a few seconds, and then followed the decision.

"If that's what you want, then I'll go and 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 almost uncontrollable anger in his voice. He pointed at the door with his right hand and clenched his left hand into a fist.

The loan business executive took a few steps back, then turned and left.

He wanted to say some nice words or something, 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 into his chair as if exhausted. His body lost all strength in an instant.

After a while, he reluctantly picked up the phone. At this time, his body felt like he had been hungry for a week, and there was no strength left in his body.

The other end of the phone was the president. After the call was connected, the president had already spoken, but the president didn't know what to say.

He held the phone and listened to the president's voice changing from a little impatient, to completely impatient, to hanging up the phone, without any change in his movements.

The busy tone on the phone lasted for a while, and then it completely lost its sound, which meant it was completely over and the line was closed.

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

What to do now?

he asked himself, sitting in his chair.

He originally wanted the president to issue an announcement, and then the bank to issue an announcement, so that there would still be some newly printed money in the warehouse, which would be more or less able to withstand it.

But soon, he gave up.

The invisible enemy has strangled the banks. Once the run begins, everyone will be the bank's enemy!

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

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

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

This news quickly brought a brief calm to Lemar society, which was in continuous chaos.

what does that mean?

To put it simply, if you save one thousand yuan in the bank for one year, you will have one thousand two hundred and sixty-nine yuan after one year, including principal and interest.

Last year, Bayler Federal's best hedge fund didn't return more than 11 percent, and that's only expected.

But if it’s stored in the bank, it’s worth it!

Some people began to walk into the bank, and they planned to deposit money. After all, if the money was not spent, they would always have so much money in their hands.

But if you put it in the bank, you can get more.

Some people have also begun to apply for larger loans. When the deposit interest rate has been adjusted but the loan interest rate has not been adjusted, it is a smart person to take a loan from the bank and then deposit it in the bank.

But obviously, after the general manager greeted him, all loan business stopped again.

At around 12 noon, the president's people found the general manager, and then he had a phone call with the president.

"Is it you who made the call this morning? What happened? Why did the bank adjust interest rates so high?"

There was fatigue in the president's voice. If the Paradise Island Resort did not start work, the workers would not let him go.

Because wages are paid daily, these people have had no income for several days, and they don’t have much money left in their pockets.

This feeling of being in a desperate situation with no money to spend anytime and anywhere makes everyone hate it. They can only find trouble with the president, because these are all caused by him.

Now bigger trouble has come again.

It’s okay if the National Bank raises interest rates, but what about those private banks?

After the national bank's interest rate rises to a terrifying level, private bank depositors will withdraw their money from the bank and deposit it into the national bank.

Unless private banks also keep up with the national bank's interest rates, at least the difference cannot be too big. The difference of a few tenths is still okay.

Otherwise, private banks will soon face a run on them.

Private banking, to put it bluntly, is a fund-raising activity that complies with the rules and is licensed within the rules and regulations. The money of these depositors does not stay in the bank's vault.

This money has also been used by private bank operators to develop industries or operate financial products, and even the money is not in the country!

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

Their dissatisfaction has given the President a huge headache. Now these banks can only stabilize their depositors first and ask the President or the National Bank to explain the situation. The best way is to announce to the outside world that the interest rate adjustment is wrong, and then reply to the original interest rate.

Otherwise, the only thing they can do is keep up with the National Bank's interest rates, which they cannot afford.

Their utilization rate and profitability rate of depositors' funds have not yet reached such a high net profit, and they cannot afford such high savings interest rates at all!

Therefore, the presidential accountability has come.

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

About three to five minutes later, a sigh opened his mouth.

"We were fooled, Mr. President, Lynch and the Federals were fooled."

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

The president was confused, and his head was filled with the unpleasant cry of seagulls, "I don't understand!" This sentence meant that the president should be clear.

And the President, of course, knows it.

"The loan we gave Lynch was in new currency, which can be said to be counterfeit from our point of view..."

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

The president's voice rose a little higher. "But there is no documentation to prove its existence. Mr. President, do you understand what I mean?"

"There is nothing that can support the existence of our knowledge that it does exist. What is it if it is not a counterfeit currency?"

"Even if we add some paperwork now, it's too late. If I'm not wrong, the federals should be preparing to crush our economy, finance and currency."

"I'm so stupid that I forgot how they dealt with Nagaril..."

"Mr. President, we're done!"