blackstone code

Chapter 1477 Can't withdraw money
The purpose of Lemar National Bank's announcement of savings interest that is almost three times the original is to absorb idle funds from the society as soon as possible.

When people realize that their profits from industrial production are not as high as they are in banks, and there is no risk of depositing in banks, a large amount of funds will flow back to banks.

And the president also knew this through the description of the president, but sometimes, knowing it is more painful than not knowing it!

If he doesn't know the answer, he can completely shift the responsibility to the president, but now that he knows, he has to explain the reason to the operators of the private banks and the shareholders behind them.

why.

The savings interest of the National Bank will rise so much at once!

The people on both ends of the phone fell into silence at the same time.

The president's silence was a desperate silence, and he had already realized what would happen next.

It is precisely because he clearly understands this that raising savings interest is the last thing he can do for the National Bank, for the president, for himself, and for this country.

The president's silence is because he thinks it is possible... things are not as pessimistic and hopeless as the president said.

He couldn't feel the feeling of suffocation, and he couldn't feel the fear of being slowly drowning but unable to struggle. He felt that the chief executive might be exaggerating.

He is not only himself, but there are Peng Jieao people behind him. If things really come to an irreparable day, he is not without a last chance, and there is also a way out!
He admitted that the federal people are very powerful, but he, the Lemar people, is not without a little bit of resistance.

This is not Nagalil after all!

Here... is the Republic of Lemar!

The abnormal changes in the Lemar market immediately attracted the attention of international hot money. For these hot money who only have capital and have no country or position, they don't care what they do next.

They only care about whether they can benefit from this matter and how much money they can make, that's all.

If it is said that digging a grave for themselves 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 exactly what's 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 some fields, how many papers related to finance have been published, and how many theories that future generations cannot avoid.

He doesn't have many academic achievements, but no one can ignore his existence.

Because he has never come to "false", he will not play with those academic research, he will only come true.

The "war" against Nagalil has completely established Lynch's achievements and status in this field. It is he, with his own strength, who has promoted the complete elimination of Nagalil's national currency!
He turned a country's currency into waste paper and then eliminated it. Except for him, no one else even imagined this kind of thing!

But he not only thought of it, but also realized it, which also means that Lynch will be a page that can never be avoided in the history of world finance.

If one had to list the [-] greatest financial figures of all time, there would always be Lynch.

And now, Lynch, who personally created the "Galil Tragedy", appeared in Lemar, who had diplomatic friction with the Federation some time ago. Even a pig knows what he is going to do!
Lemar is seen as bad, which also exacerbates another situation-no one wants to sell them anything!

Ares is not an international calculation currency, which means that Ares does not have the value of exchange in international circulation.

No bank will take care of these things, and now Lemar National Bank and various banks are short of cash, which means that if they want to buy something from the international market with Yares as currency, the seller will often refuse.

They will ask Lemar's merchants to pay more mainstream settlement currencies, such as the Federal Sol, otherwise they will take great risks.

No one wants the currency they withdraw 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 reserves of the National Bank seem to have increased a lot, exceeding 15.00%, which is basically enough for normal daily use.

But the chief executive was not happy at all. During this week, he was under tremendous pressure.

From the operators of private banks and the forces behind them, those people even sent him death threats, asking him to cut interest rates as soon as possible.

A wave of runs against these small banks is brewing and may break out anytime and anywhere.

But in the face of this situation, the president has no way to deal with it except to keep silent and play disappearing!

In fact, not only the head office is in a state of anxiety, but also the worker Kent, who has been suspended for ten days, is also in a state of anxiety. He finds that the money he has deposited in the bank near his house cannot be withdrawn.

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 savings interest was higher, he decided to deposit it there.

Now that he has no money in his hand, he wants to take out some of his savings, but the bank where he deposited it told him that he can't withdraw it now.

"Sorry, Mr. Kent, from my side, there seems to be something wrong with your signature..."

The teller was a 50-something-year-old lady who was a bit fat. She pointed to Mr. Kent's signature on the application form, and pointed to somewhere with the tip of a pen, "This is a little different from the signature you left at the bank..."

Kent frowned, "So what?"

The fat lady smiled, "There are differences 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, and only after confirming that the account information is not lost, and your signature is consistent with the signature you left, can we let you take the money from here!"

The fat lady said a lot of things, the core meaning is that today's money cannot be withdrawn.

But Kent didn't hear it so clearly, and his voice was louder, "Damn it, the information filled in this account is me, and I'm sitting here, what else do I need to prove?"

Facing Kent who suddenly raised his voice, the fat lady still maintained a smile, "Sorry, Mr. Kent, the way we confirm the identity of the account is through the document information reserved above and..."

Before she finished speaking, Kent took out his ID and interjected, "And what?"

The fat lady looked at the documents and wondered if she had seen this person before, otherwise how would he know to bring the documents?
However, her expression didn't change much, "...and confirm your reserved phone number, we will dial this number according to your reserved phone number, if you are Mr. Kent, after calling us to confirm, You can withdraw the money in the account."

The fat lady picked up the receiver and made a call, but soon she 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 watching the operation of the fat lady. How could he be able to answer the phone at home at the same time when the other person was right in front of the bank counter?
If he answered the phone at home, how could he come to withdraw money?
He raised his voice again, "I have never encountered such a situation before withdrawing money. I want to see your manager and I want to complain to you!"

The fat lady seemed quite indifferent, she pointed to the form beside her, "Of course, Mr. Kent, this is your right."

"You go and fill out that complaint form, sign it and give it to me, and I'll pass it on to the duty manager..."

Kent slammed the table, took a form and filled it out quickly, but the fat lady asked him to queue again.

He fell into an extreme mania for a moment, panting heavily, staring at the fat lady viciously.

The fat lady was not afraid that Kent would hurt her, but instead smiled indifferently.

Seeing Kent walking towards the end of the line, she turned her attention to the next person, and then continued to show her professional smile.

"...Ma'am, 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 holder of the account directly stayed at home and waited for the call.

But they still underestimated the shamelessness of the bank, and the fat lady returned the withdrawal form regretfully, "Sorry, the bank now stipulates that you must be present in person to withdraw money."

"Next person……"

Kent, who was re-queuing, stood angrily at the end of the line. The people here were all waiting, but they didn't seem 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.

And this complaint seems to have aroused a wide range of recognition, and soon people from all over the world began to echo, and more and more people realized that not being able to get money is not just one person, but a common phenomenon!
This makes people have to fear, even doubt, if the bank has no money, why can't they honor their deposits?

Once this terrible idea is ignited, it is impossible to extinguish it again.

These people who have been tortured by the bank for several days finally understood the real reason of the matter.

They couldn't get the money, not because there was a problem with the signature, not because they didn't answer the phone, or because they didn't come to withdraw the money.

But... can't get the money!
In an instant, in less than 10 minutes, the surrounding residents rushed over, asking for money...

(End of this chapter)