blackstone code
Chapter 763 What if I have no money?
Chapter 763 What if I have no money?
The wave of runs came quickly, but in fact these things are not without "predictability".
The transfer of the empire's development focus will inevitably lead to a large amount of cash flowing to the Ameria region. In addition, the "currency purification policy" implemented by the empire in Ameria uses the imperial currency fra to exchange the idle currencies of various countries in the hands of the people to ensure the currency's stability. singleness.
There is no problem with this policy, and it can even be said that this policy will bring great convenience to the Gefra Empire's rule of this region, but it also creates some new problems.
The local currency of Gefra is decreasing, and a new territory with a population of nearly 800 million people has been created out of thin air. If each person holds [-] francs, then the local cash of Gefra will decrease by [-] million.
Doesn't seem like a lot?
Indeed, if a country even spends eight billion francs in currency, the country is either very small, or it is about to die.
Gefra is neither small nor does he appear to be finished. He is just a local in the province of Ameria, and not all of them have 100 yuan.
Some people may be a little less, but more some people will still exceed 100 yuan, plus a large amount of cash inflow from the capital, the inflow of money from the merchants, the inflow of money from the bank, the local is like a malnourished and lost "blood" The middle-aged man revealed an unhealthy attitude under his face.
The lack of local cash is actually manifested in various aspects. For example, the Gafla government delays the payment of foreign war bond buyers as much as possible and even wants to renege on their debts.
For example, a large number of domestic products want to be dumped to all parts of the world through negotiations, including the Federation.
These phenomena actually point to the same point, inflation tension.
The best way to solve the inflationary tension is to print banknotes, but after printing banknotes, the exchange rate will drop, and the exchange rate of Vladisol has fallen to the lowest point in history. At the same time, there is still a large amount of import trade in Gefra.
Almost all of Gefra's local resources that can be mined have been mined, and the resources are scarce. Ameria is rich in copper mines, but it is only rich in copper mines.
Military enterprises are big eaters of all kinds of metals. The various metals used by a battleship and the ammunition prepared can force Gefra to import a large amount of various metal ores from abroad.
Combining various factors, the government of the Gefra Empire did not consider issuing new currency in the short term, but wanted to maintain it for a period of time, and then issue additional currency after all aspects stabilized.
Of course, this also has something to do with His Majesty's desire to print his own face on banknotes, but the ministers disagreed.
The money shortage has always existed, and now it is just a complete detonation.
It has been the third day since the outbreak of the run storm.
During these three days, no matter whether it was the Minister of Finance, the Emperor, or other ministers, they tried their best to calm down the matter.
However, there are some things that do not mean that the official announcement will definitely be effective, especially this kind of thing that concerns everyone's own interests, and people will become more blind and impulsive.
The Gefra financial index did start to plummet just as Lynch imagined. The major companies could not withdraw money from the banks. If they want to ensure that they can resist risks in this sudden financial turmoil, they must have a large amount of money. cash.
Where does the cash come from?
Answer: From the stock market.
How they bought back liquid shares the other day is how they sell them now.
In addition, some debt-operated companies were bitten by the banks and asked them to repay their debts. These companies also began to sell various assets in their hands.
This is like a disaster, a flood. If you don’t want to die, you have to climb to a higher place, whether you are stepping on the shoulders of others or your own. In such a situation, they are gone. The power to choose.
All that remains is the instinct to survive.
Some people are crying bitterly, and naturally some people are celebrating, celebrating making money.
The red wine in the glass was as bright red as if it had just been released from people's chests. Whether it was men or women, they all danced and danced to their heart's content. Those well-known courtesans didn't care about their bold dressing styles at all. constantly wandering among different people.
The whole house is filled with a strange smell, which is composed of the smell of alcohol, tobacco, all kinds of incense, some body odor and some overflowing hormones.
Lynch stood by the guardrail on the second floor and chatted with people. In just a short while, he had seen some men disappear into the hall with one or more women.
After making untold amounts of money, the last thing people want is to indulge.
Obviously, this is just a fringe aristocratic group, which is full of some fringe minor aristocrats, but it has an unparalleled attraction.
The little count only revealed the news that they planned to hold a celebratory reception, and there were constant phone calls to his desk, hoping to get an invitation letter and be able to attend the dance.
In the face of financial disaster, power must also make concessions for wealth.
"To Lynch!"
Suddenly, the little earl on the first floor raised the wine glass in his hand, his face showed a kind of madness of admiration, which can be described in an exaggerated way, that is, when he looked at Lynch, his eyes were wide open. Light.
People in the room raised their wine glasses and looked at Lynch who was standing in the corridor on the second floor. Lynch also raised his wine glass, nodded and greeted everyone with a smile.
Jenia was a little emotional. She looked at Lynch when she put down her wine glass, "They respect and admire you very much."
Lynch had a natural smile on his face, not so reserved, "If I can make everyone make money, then I'm a god!"
He is not humble at all. The words he said should make people think that he is an arrogant person, but Jenia thinks that should be the case. Lynch is full of a charm that she has never seen before. A charm that has nothing to do with power.
She let out a soft breath, leaned forward, and pressed her arms against the guardrail, "What are you going to do now?"
"Is this His Majesty's original words?" Lynch asked calmly.
Jenia turned her head and glanced at him with a strange expression. Lynch was different from everyone she knew, and she had never seen Lynch like this before.
Even though they had been together for several months, she felt that she didn't know this man at all, not at all.
"Aren't you angry?", she asked. "Men generally look angry when faced with this situation!"
This is her opinion, and it is also the opinion of most people. The opposite sex who has an intimate relationship with her and maintains an ambiguous relationship suddenly helps others to test herself, which will make people feel ashamed of being betrayed and betrayed.
No matter how close they are, encountering this problem will make the relationship between the two of them turn cold in an instant.
But Lynch didn't.
"Why should I be angry?", he asked rhetorically.
This rhetorical question made Jenia's brains a little too late, she kept turning her head to look at Lynch, and shook her head after two seconds, "I don't know, but I think it might hurt you."
Lynch replied quickly, "I'm not that vulnerable, and you won't hurt me."
"Is it because I can't get into your heart?" Inexplicably, Genia suddenly asked a question that she hadn't expected.
After asking, she regretted a little, "Sorry, I didn't mean to..."
Lynch raised his hand to stop her from continuing, "You're not all right, but you're not all wrong."
"A person's life is very short, too short, a few decades, but tens of thousands of days, you think there are many, but in fact there are only a few."
"Every time we go through hibernation, it means that we have taken another step towards the end. Each of us is heading towards death. Why should we find something to embarrass ourselves on this road?"
Lynch shook the wine glass in his hand for a while, "I like being with you, and I believe you are the same, but we are adults and we all live in this society. In addition to moving forward, we also need To do something to sustain our lives, we also have our own responsibilities."
"Don't let unhappy things affect our happiness..." He moved the wine glass in his hand sideways, touched it with Genia, and the two drank some wine together.
Genia didn't know whether she understood Lynch's words, or she had her own feelings, she became straightforward.
"Your Majesty asked me to ask how to solve the current problem." She thought it was difficult to say this question directly, and even thought about how to ask it in a roundabout way.
But now, she doesn't seem to have so much burden.
Responsibility is responsibility, and happiness is happiness.
Everyone tried their best to explain and issue announcements, but it was useless.
Almost all banks are in trouble, which also means that the social and economic order has been greatly damaged.
If this problem is not resolved, the economic order of the Gefla Empire may collapse.
The emperor really had no other solution, and this was not the time to announce the issuance of additional currency, so he could only ask Lynch for advice.
Lynch pursed his lips, and said in a relaxed tone, "The run on bankruptcies and the savings panic are more straightforward. People worry that the bank will run out of money. As long as the bank can take out the money, these problems can be solved."
Jenia looked at him intently, "The problem is that the bank can't get the money out now unless we use the treasury funds."
In fact, she lied, and the treasury has no money, now.
The Baylor Federation signed a lot of military projects in one go, and Gefla also signed a lot of military projects, and there is also a new battleship construction plan, all of which cost money, and it is a lot of money.
The national treasury can't get enough money to solve this turmoil now, and His Majesty the Emperor doesn't know how much money is needed to solve the current situation.
If he blindly takes out some but can't solve it, it means that the money is wasted, and the situation will deteriorate further. He feels that he has lost control of the situation, so he can only ask Lynch.
Lynch's answer was very simple, and the simplicity made Jenia wonder if he was just perfunctory.
"When I want to buy a product, but I don't have enough money, I will ask someone else to borrow it..."
"The same goes for the country!"
(End of this chapter)
The wave of runs came quickly, but in fact these things are not without "predictability".
The transfer of the empire's development focus will inevitably lead to a large amount of cash flowing to the Ameria region. In addition, the "currency purification policy" implemented by the empire in Ameria uses the imperial currency fra to exchange the idle currencies of various countries in the hands of the people to ensure the currency's stability. singleness.
There is no problem with this policy, and it can even be said that this policy will bring great convenience to the Gefra Empire's rule of this region, but it also creates some new problems.
The local currency of Gefra is decreasing, and a new territory with a population of nearly 800 million people has been created out of thin air. If each person holds [-] francs, then the local cash of Gefra will decrease by [-] million.
Doesn't seem like a lot?
Indeed, if a country even spends eight billion francs in currency, the country is either very small, or it is about to die.
Gefra is neither small nor does he appear to be finished. He is just a local in the province of Ameria, and not all of them have 100 yuan.
Some people may be a little less, but more some people will still exceed 100 yuan, plus a large amount of cash inflow from the capital, the inflow of money from the merchants, the inflow of money from the bank, the local is like a malnourished and lost "blood" The middle-aged man revealed an unhealthy attitude under his face.
The lack of local cash is actually manifested in various aspects. For example, the Gafla government delays the payment of foreign war bond buyers as much as possible and even wants to renege on their debts.
For example, a large number of domestic products want to be dumped to all parts of the world through negotiations, including the Federation.
These phenomena actually point to the same point, inflation tension.
The best way to solve the inflationary tension is to print banknotes, but after printing banknotes, the exchange rate will drop, and the exchange rate of Vladisol has fallen to the lowest point in history. At the same time, there is still a large amount of import trade in Gefra.
Almost all of Gefra's local resources that can be mined have been mined, and the resources are scarce. Ameria is rich in copper mines, but it is only rich in copper mines.
Military enterprises are big eaters of all kinds of metals. The various metals used by a battleship and the ammunition prepared can force Gefra to import a large amount of various metal ores from abroad.
Combining various factors, the government of the Gefra Empire did not consider issuing new currency in the short term, but wanted to maintain it for a period of time, and then issue additional currency after all aspects stabilized.
Of course, this also has something to do with His Majesty's desire to print his own face on banknotes, but the ministers disagreed.
The money shortage has always existed, and now it is just a complete detonation.
It has been the third day since the outbreak of the run storm.
During these three days, no matter whether it was the Minister of Finance, the Emperor, or other ministers, they tried their best to calm down the matter.
However, there are some things that do not mean that the official announcement will definitely be effective, especially this kind of thing that concerns everyone's own interests, and people will become more blind and impulsive.
The Gefra financial index did start to plummet just as Lynch imagined. The major companies could not withdraw money from the banks. If they want to ensure that they can resist risks in this sudden financial turmoil, they must have a large amount of money. cash.
Where does the cash come from?
Answer: From the stock market.
How they bought back liquid shares the other day is how they sell them now.
In addition, some debt-operated companies were bitten by the banks and asked them to repay their debts. These companies also began to sell various assets in their hands.
This is like a disaster, a flood. If you don’t want to die, you have to climb to a higher place, whether you are stepping on the shoulders of others or your own. In such a situation, they are gone. The power to choose.
All that remains is the instinct to survive.
Some people are crying bitterly, and naturally some people are celebrating, celebrating making money.
The red wine in the glass was as bright red as if it had just been released from people's chests. Whether it was men or women, they all danced and danced to their heart's content. Those well-known courtesans didn't care about their bold dressing styles at all. constantly wandering among different people.
The whole house is filled with a strange smell, which is composed of the smell of alcohol, tobacco, all kinds of incense, some body odor and some overflowing hormones.
Lynch stood by the guardrail on the second floor and chatted with people. In just a short while, he had seen some men disappear into the hall with one or more women.
After making untold amounts of money, the last thing people want is to indulge.
Obviously, this is just a fringe aristocratic group, which is full of some fringe minor aristocrats, but it has an unparalleled attraction.
The little count only revealed the news that they planned to hold a celebratory reception, and there were constant phone calls to his desk, hoping to get an invitation letter and be able to attend the dance.
In the face of financial disaster, power must also make concessions for wealth.
"To Lynch!"
Suddenly, the little earl on the first floor raised the wine glass in his hand, his face showed a kind of madness of admiration, which can be described in an exaggerated way, that is, when he looked at Lynch, his eyes were wide open. Light.
People in the room raised their wine glasses and looked at Lynch who was standing in the corridor on the second floor. Lynch also raised his wine glass, nodded and greeted everyone with a smile.
Jenia was a little emotional. She looked at Lynch when she put down her wine glass, "They respect and admire you very much."
Lynch had a natural smile on his face, not so reserved, "If I can make everyone make money, then I'm a god!"
He is not humble at all. The words he said should make people think that he is an arrogant person, but Jenia thinks that should be the case. Lynch is full of a charm that she has never seen before. A charm that has nothing to do with power.
She let out a soft breath, leaned forward, and pressed her arms against the guardrail, "What are you going to do now?"
"Is this His Majesty's original words?" Lynch asked calmly.
Jenia turned her head and glanced at him with a strange expression. Lynch was different from everyone she knew, and she had never seen Lynch like this before.
Even though they had been together for several months, she felt that she didn't know this man at all, not at all.
"Aren't you angry?", she asked. "Men generally look angry when faced with this situation!"
This is her opinion, and it is also the opinion of most people. The opposite sex who has an intimate relationship with her and maintains an ambiguous relationship suddenly helps others to test herself, which will make people feel ashamed of being betrayed and betrayed.
No matter how close they are, encountering this problem will make the relationship between the two of them turn cold in an instant.
But Lynch didn't.
"Why should I be angry?", he asked rhetorically.
This rhetorical question made Jenia's brains a little too late, she kept turning her head to look at Lynch, and shook her head after two seconds, "I don't know, but I think it might hurt you."
Lynch replied quickly, "I'm not that vulnerable, and you won't hurt me."
"Is it because I can't get into your heart?" Inexplicably, Genia suddenly asked a question that she hadn't expected.
After asking, she regretted a little, "Sorry, I didn't mean to..."
Lynch raised his hand to stop her from continuing, "You're not all right, but you're not all wrong."
"A person's life is very short, too short, a few decades, but tens of thousands of days, you think there are many, but in fact there are only a few."
"Every time we go through hibernation, it means that we have taken another step towards the end. Each of us is heading towards death. Why should we find something to embarrass ourselves on this road?"
Lynch shook the wine glass in his hand for a while, "I like being with you, and I believe you are the same, but we are adults and we all live in this society. In addition to moving forward, we also need To do something to sustain our lives, we also have our own responsibilities."
"Don't let unhappy things affect our happiness..." He moved the wine glass in his hand sideways, touched it with Genia, and the two drank some wine together.
Genia didn't know whether she understood Lynch's words, or she had her own feelings, she became straightforward.
"Your Majesty asked me to ask how to solve the current problem." She thought it was difficult to say this question directly, and even thought about how to ask it in a roundabout way.
But now, she doesn't seem to have so much burden.
Responsibility is responsibility, and happiness is happiness.
Everyone tried their best to explain and issue announcements, but it was useless.
Almost all banks are in trouble, which also means that the social and economic order has been greatly damaged.
If this problem is not resolved, the economic order of the Gefla Empire may collapse.
The emperor really had no other solution, and this was not the time to announce the issuance of additional currency, so he could only ask Lynch for advice.
Lynch pursed his lips, and said in a relaxed tone, "The run on bankruptcies and the savings panic are more straightforward. People worry that the bank will run out of money. As long as the bank can take out the money, these problems can be solved."
Jenia looked at him intently, "The problem is that the bank can't get the money out now unless we use the treasury funds."
In fact, she lied, and the treasury has no money, now.
The Baylor Federation signed a lot of military projects in one go, and Gefla also signed a lot of military projects, and there is also a new battleship construction plan, all of which cost money, and it is a lot of money.
The national treasury can't get enough money to solve this turmoil now, and His Majesty the Emperor doesn't know how much money is needed to solve the current situation.
If he blindly takes out some but can't solve it, it means that the money is wasted, and the situation will deteriorate further. He feels that he has lost control of the situation, so he can only ask Lynch.
Lynch's answer was very simple, and the simplicity made Jenia wonder if he was just perfunctory.
"When I want to buy a product, but I don't have enough money, I will ask someone else to borrow it..."
"The same goes for the country!"
(End of this chapter)
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