Blackstone Code
1478 Can’t withdraw money
The purpose of the National Bank of Lemar's announcement of almost three times the original savings interest rate is to absorb idle funds in society as soon as possible.
When people realize that the profits from industrial production are not as high as deposits in banks, and there is no risk at all in banks, a large amount of funds will flow back into banks.
The president also knew this through the president's description, but sometimes, knowing is more painful than not knowing!
If he didn't know the answer, he could put the responsibility entirely on the president. But now that he knows, he has to explain the reason to the operators of private banks and the shareholders behind them.
Why.
The National Bank's savings interest will suddenly increase so much!
The people on both ends of the phone fell into silence at the same time.
The president's silence was a silence of despair. He had already realized what would happen next.
It is precisely because he clearly realizes this that raising savings interest is the last thing he can do for the National Bank, the president, himself and even the country.
The president's silence means that he feels that maybe... things are not as pessimistic and hopeless as the president said.
He couldn't feel the feeling of suffocation, nor could he understand the fear of being slowly drowned but unable to struggle. He felt that the president might be exaggerating.
Not only is he himself, but there are also Pengeo people behind him. If things really come to an irreversible day, he will not have no last chance, and there will also be a way out!
He admitted that the federal people were very powerful, but he, the Lemar man, was not without the slightest ability to resist.
This is not Nagaril after all!
This... is the Republic of Lemar!
The abnormal changes in Lemar's market immediately attracted the attention of international hot money. For these hot money, which only has capital and no country or position, they don't care what they do next.
They only care about whether they can benefit from this and how much money they can make, nothing more.
If digging their own graves can bring a lot of benefits, they don't mind burying themselves personally - as long as the benefits of burying themselves are higher than the cost of their own death, then why can't they do it?
People still don't know what is going to happen here, good or bad, but they already vaguely understand something.
Because they saw Lynch!
In the field of international finance, Lynch is a very famous person!
He may not be like a doctor or professor in certain fields. He has published many papers related to finance and laid down many theories that future generations cannot avoid.
He did not have many academic achievements, but no one can ignore his existence.
Because he never comes up with "virtual" things, he doesn't play around with academic research, he only comes up with the real thing.
The "war" against Nagaril completely established Lynch's achievements and status in this field. It was he, with his own power, who promoted the complete elimination of Nagaril's national currency!
He turned a country's currency into waste paper and then eliminated it. Except for him, no one else had even imagined such a thing!
But not only did he think of it, he also realized it, which also means that Lynch will be an unavoidable page in the history of world finance.
If I had to list the 100 greatest people in finance in history, there would always be a place for Lynch.
And now, Lynch, who personally caused the "Galil Massacre", appears in Lemar, who had diplomatic friction with the Federation some time ago. Even a pig knows what he is going to do!
Lemar is undervalued, which also exacerbates another situation - no one wants to sell to them!
Ares does not belong to the international calculation currency, which means that Ares does not have the value of international circulation and exchange.
No bank will take on these things, and now the National Bank of Lemar and various banks are short of cash, which means that if they want to use Yarez as currency to buy something from the international market, the sellers often refuse.
They will require Lemar's merchants to pay more mainstream settlement currencies, such as the Federal Sol or the like, otherwise they will bear great risks.
No one wants the currency they have recovered to continue to plummet, or even become waste paper.
Even if Lemar National Bank raises interest rates, it will not change this situation.
About a week has passed like this, and the National Bank's reserves seem to have increased a lot, exceeding 15%, which is basically sufficient for normal daily use.
But the president was not happy at all. During this week, he was under tremendous pressure.
The operators of private banks and the forces behind them even sent him death threats, demanding that he cut interest rates as soon as possible.
A run on these small banks is brewing and could break out at any time.
But in the face of this situation, the president had no other way to deal with it except keeping silent and disappearing!
In fact, it was not just the general manager who was anxious. Kent, a worker who had been out of work for ten days, was also anxious. He found that he could not withdraw the money he had in the bank at his doorstep.
Originally, he could have deposited the money in the national bank, but considering that the bank at his doorstep was closer to his home and the interest rate on savings was higher, he kept it there.
Now that he has no money in his hand, he wants to withdraw some of his savings, but the bank where he deposited money told him that he cannot withdraw it now.
"I'm sorry, Mr. Kent, from my point of view, there seems to be something wrong with your signature..."
The teller was a woman in her fifties, a bit fat. She pointed to Mr. Kent’s signature on the application form and pointed at a certain place with the tip of her pen. “This is a little different from the signature you left in the bank...”
Kent frowned, "So what?"
The fat lady smiled and said, "There are differences in characteristics between your signature and the signature you left, so we cannot be sure that you are the account holder."
"According to the bank's regulations, we will notify the owner of this account. Only after we confirm that the account information has not been lost and your signature is consistent with the signature characteristics you left, can we let you withdraw the money from here!"
The fat lady said a lot of things, but the core meaning was that today's money cannot be withdrawn.
But Kent didn't hear it so clearly, and his voice became louder, "Hell, the information filled in on this account is me, and I am sitting here, what else do I need to prove?"
The fat lady faced Kent, who suddenly raised his voice, and still maintained a smile, "Sorry, Mr. Kent, the way we confirm the identity of the account is through the ID information reserved above and..."
Before she finished speaking, Kent took out his ID and interrupted, "And what?"
The fat lady looked at the documents and recalled whether she had met this person before. Otherwise, how would he know to bring the documents?
However, her expression did not change much, "...and confirm the phone information you reserved. We will call this number according to the phone number you reserved. If you are Mr. Kent, after calling us to confirm, You can then withdraw the money from your account.”
As she spoke, the fat lady picked up the receiver and dialed the number, but she quickly shook her head, "Sorry, no one answered, so I can't confirm that you are Mr. Kent. These documents can only prove part of it, not all of it."
Kent was dumbfounded when he saw the fat lady's operation. Someone else was right in front of the bank counter. How could he still be able to answer the phone at home at the same time?
If he answered the phone at home, how could he come and withdraw the money?
His voice rose again, "I have never encountered such a situation before withdrawing money. I want to see your manager and I want to file a complaint against you!"
The fat lady seemed quite indifferent. She pointed to the form beside her and said, "Of course, Mr. Kent, this is your right."
"Go and fill out the complaint form, sign it and give it to me. I will forward it to the manager on duty..."
Kent slammed the table, took out a form and quickly filled it out, but the fat lady asked him to queue up again.
He fell into an extreme mania for a moment. He panted heavily and stared at the fat lady fiercely.
The fat lady was not afraid that Kent would hurt her, but smiled nonchalantly.
After watching Kent walk to the end of the line, she turned her attention to the next person, and then continued to show her professional smile.
"...Madam, you are not the account holder, are you?"
"Yes, she is waiting for your call at home..."
It seems that the holder of this account has also experienced what Kent has experienced. In order to completely solve this cycle, the account holder simply stayed at home and waited for the call.
But they still underestimated the shamelessness of the bank. The fat lady returned the withdrawal form with regret, "Sorry, the bank now stipulates that withdrawals must be made in person."
"Next person……"
Kent stood in line angrily at the end of the line. People here were waiting, but they didn't look too anxious.
Some of them talked about some things about withdrawing money in the past few days. In short, no matter what they did, they couldn't get the money.
This complaint seemed to arouse widespread recognition, and soon people began to echo it. More and more people realized that they were not alone in not being able to get money, but a common phenomenon!
This makes people have to fear and even wonder whether the bank has no money. Why can't they cash their deposits?
Once this terrible thought is ignited, it can never be extinguished.
These people who had been tortured by the bank for several days finally understood the real reason.
They couldn't get the money because there was something wrong with their signature, or because they didn't answer the phone, or because they didn't come to withdraw the money.
But... I can't get the money!
In an instant, in less than ten minutes, the surrounding residents rushed over and asked for money...
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