Chapter 762
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"Here is your money. Please keep it."
In the bank, the teller girl put all the cash that a customer asked to withdraw on the table and gave a very considerate envelope that could hold money.
The customer didn't withdraw much money, only 2100 yuan, and some change. An envelope is more than enough.
After counting the money twice in front of the counter, he smiled like a sigh of relief, said goodbye to the teller girl and left.
The next customer came to the counter. The girl smiled and said what was almost equivalent to instinct.
What made her feel a little strange was that the woman who looked like she was in her fifties came to withdraw money, and she also wanted to withdraw all the money in her account.
She felt something unusual, but this feeling came and went quickly. He was working and had no time to think about it, so she began to serve the lady.
A few minutes later, five thousand yuan of cash was neatly placed on the counter. After counting the money, the female customer muttered something and left with the money.
Before the next customer came, the teller girl looked at the other counters. She was a little confused because every window seemed to be handling withdrawal business.
When the next customer arrived, she had to focus on her work and glanced at the long line. She didn't have much time to think about it.
This scene, not only in the imperial Royal Bank, but also in all banks in the imperial capital and surrounding cities, is at a speed that people can't understand. Quickly spread to other places.
The "little secret" circulating among the crowd is like a prank joke - there is no money in the bank.
Yes, "there is no money in the bank", which is the whole content of this rumor. However, in the process of spreading this rumor, it is difficult for people not to add some new information to it subjectively, so as to enrich the news and make it look like a joke.
From "many people go to the bank to withdraw money" to "some banks have been unable to withdraw money", then to "I heard that recent events have involved some banks, which have been temporarily sealed up" and finally "the bank is going to collapse"
In fact, the development of rumors did not take much time. In two or three days, this rumor was like a bacterium falling in a Petri dish, spreading rapidly in the most perfect environment.
All this led to the birth of a terrible phenomenon.
a run on a bank!
What any bank is most afraid of is the phenomenon of run. For example, if a bank has a depositor deposit of one million, it is certainly impossible that all the one million can be in the bank's vault, and the bankers intend to make money with this money.
So there is a problem here. How much can the bank take out of a million deposits for investment or something else?
Federal banks are divided into multi-level systems. According to different hierarchical systems and different policies in each region, the maximum deposit margin ranges from 50% to 12%.
In other words, banks can leave only 120000 out of a million at least, and the remaining 880000 are used for lending or investment. At most, they must leave 500000 margin, only 500000 for other purposes.
However, there is still a small problem in this circle. For example, bank B promises to guarantee bank A. when bank a runs or is difficult to pay depositors' deposits, bank B will allocate funds to solve these problems for bank a.
Then they can sign a mutual agreement, so that bank a can maximize the depositor's funds for lending or investment.
This kind of thing happened in federal history. As a result, bank a failed to invest and went bankrupt. Bank B refused to pay the deposits of all depositors on the grounds of "bankruptcy is not in the agreement". As a result, the lawsuit ended and the major shareholder of bank a was imprisoned for two years.
Of course, they also smoothly and legally took a lot of depositors' money.
There is little difference between the banking system of the gavra Empire and the federal banking system. After all, in some ways, many federal rules are "borrowed" from the gavra empire.
Later, these rules were gradually replaced by new rules with federal characteristics in the process of social development, but generally speaking, both sides can be said to come from the same source.
In gavra, the largest bank is the imperial Royal Bank, because behind it is the royal family, and the Treasury money also exists in this bank, which gives the Royal Bank the greatest confidence, and their deposit margin is less than people think.
Once the deposit in the bank is withdrawn, what will happen?
Without money to pay other depositors, banks are in great danger and may even go bankrupt.
When this happens, those lenders will never be in a hurry to repay. They will only drag on as far as possible until the bank collapses, and then buy out their "debt" at a cheap "price".
Suppose you borrow one million from the bank and repay it directly, even if you don't want interest.
But when the bank goes bankrupt and auctions its assets, they may buy their own debts for $3.5 million and legally save hundreds of thousands. Therefore, as long as people with normal minds know what to do at this time.
Now, the run has shown its power. It doesn't even need aristocrats to run. Only civilians can make major banks unbearable.
The news of the run on major banks quickly fermented, and some TV stations immediately cut into the live picture, which also led to more people who did not know the news to know the news.
The bank is running out of money. People have lined up to withdraw money. It's too late if they don't go again!
All kinds of people interviewed were either angry, anxious or desperate to describe their emotional changes with reporters. Not only themselves but also those in front of the TV set collapsed.
"The chancellor of the Exchequer is over!" Lynch looked at the long queue on TV. Now the situation has been completely clear. He turned to his little fan, "what's the situation with the exchange financial index now?"
The youngest count ran to make a phone call, and then ran back, "Mr. Lynch, it has begun to fall, but the decline is less than one percent..."
"It doesn't matter!" Lynch responded and looked at the others. "Once a bank run occurs, it will lead to the selling of the financial market."
"People will end their financial investment plans ahead of time because they are worried that they can't withdraw their money or they don't have enough cash, especially some large enterprises."
Lynch took out a cigarette. The youngest count immediately lit a cigarette for him with a lighter and looked at Lynch with admiration.
Obviously, they 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 of the Exchequer in another way.
Find the feeling of parents in their peers, which will leave the deepest shock to those young people, a kind of blind worship.
Lynch said a thank you and looked at the little count's face for a while. The little count was a little shy.
Unable to resist the impulse of goose bumps, Lynch looked away. "Before, the chancellor of the exchequer forced those listed companies to buy back circulating shares more or less in various ways, so as to drive the stock price and stabilize the market."
"This has also caused a phenomenon that nobody thought of, that is, there is little liquidity in the pockets of these large companies."
"I am a businessman. I have more than one company. I know that businessmen are actually very strict in the management of working capital."
"What I'm talking about is not that they want to ensure that they have more working capital, but that they want to ensure that every penny of working capital is spent without affecting the operation of the company and facing some emergencies."
"This also means that the stock repurchase outside the plan has brought their cash close to the warning line. Coupled with the bank run, it is even more impossible to withdraw any large amount of cash from these large companies at this time. If they want to resist risks, the best way is to sell stocks."
"They have to spit out how many stocks they have bought these days and sell more stocks to deal with the possible financial crisis!"
Lynch said a lot at once, and the nobles in the room listened very carefully. Whether they really understood or pretended to understand, at least they seemed to understand.
If someone remembers better, they may find that fewer and fewer people ask questions over time.
Not all of them can understand Lynch's ideas, but with their ability, they can't ask more questions in these aspects. After all, Lynch is professional, they are not.
He took a short break, drank some coffee, ate a piece of sweet cake and continued, "in order to cope with the run, the banks will certainly tighten cash and even collect some loans."
"You should know that many enterprises are operating in negative assets. If banks don't think of problems and don't want to be unable to pay or even go bankrupt because of the run, their best way is to get the money back."
"This also indicates that some enterprises will have major capital problems. Once the funds on their books are withdrawn by the bank, these enterprises will go bankrupt on the next payday!"
"And now there is still..." Lynch said, looking at others.
This question is not difficult. The nobles immediately showed a deep participation smile on their faces, and many people rushed to answer, "only one week!"
Lynch nodded, which made every noble who answered this question have a kind of heartfelt joy, not only because they participated in the whole process, but also because they could interact with Lynch, but also because they answered this key question correctly.
As long as people are involved by themselves, they will have an inexplicable emotion, an emotion that people can't understand.
Lynch slowly breathed a sigh of relief. "This game will end soon. Next is the time for us to strive for benefits."
"The chancellor of the exchequer will step down and his majesty will come in. Each of us will become more valuable!"
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"Here is your money. Please keep it."
In the bank, the teller girl put all the cash that a customer asked to withdraw on the table and gave a very considerate envelope that could hold money.
The customer didn't withdraw much money, only 2100 yuan, and some change. An envelope is more than enough.
After counting the money twice in front of the counter, he smiled like a sigh of relief, said goodbye to the teller girl and left.
The next customer came to the counter. The girl smiled and said what was almost equivalent to instinct.
What made her feel a little strange was that the woman who looked like she was in her fifties came to withdraw money, and she also wanted to withdraw all the money in her account.
She felt something unusual, but this feeling came and went quickly. He was working and had no time to think about it, so she began to serve the lady.
A few minutes later, five thousand yuan of cash was neatly placed on the counter. After counting the money, the female customer muttered something and left with the money.
Before the next customer came, the teller girl looked at the other counters. She was a little confused because every window seemed to be handling withdrawal business.
When the next customer arrived, she had to focus on her work and glanced at the long line. She didn't have much time to think about it.
This scene, not only in the imperial Royal Bank, but also in all banks in the imperial capital and surrounding cities, is at a speed that people can't understand. Quickly spread to other places.
The "little secret" circulating among the crowd is like a prank joke - there is no money in the bank.
Yes, "there is no money in the bank", which is the whole content of this rumor. However, in the process of spreading this rumor, it is difficult for people not to add some new information to it subjectively, so as to enrich the news and make it look like a joke.
From "many people go to the bank to withdraw money" to "some banks have been unable to withdraw money", then to "I heard that recent events have involved some banks, which have been temporarily sealed up" and finally "the bank is going to collapse"
In fact, the development of rumors did not take much time. In two or three days, this rumor was like a bacterium falling in a Petri dish, spreading rapidly in the most perfect environment.
All this led to the birth of a terrible phenomenon.
a run on a bank!
What any bank is most afraid of is the phenomenon of run. For example, if a bank has a depositor deposit of one million, it is certainly impossible that all the one million can be in the bank's vault, and the bankers intend to make money with this money.
So there is a problem here. How much can the bank take out of a million deposits for investment or something else?
Federal banks are divided into multi-level systems. According to different hierarchical systems and different policies in each region, the maximum deposit margin ranges from 50% to 12%.
In other words, banks can leave only 120000 out of a million at least, and the remaining 880000 are used for lending or investment. At most, they must leave 500000 margin, only 500000 for other purposes.
However, there is still a small problem in this circle. For example, bank B promises to guarantee bank A. when bank a runs or is difficult to pay depositors' deposits, bank B will allocate funds to solve these problems for bank a.
Then they can sign a mutual agreement, so that bank a can maximize the depositor's funds for lending or investment.
This kind of thing happened in federal history. As a result, bank a failed to invest and went bankrupt. Bank B refused to pay the deposits of all depositors on the grounds of "bankruptcy is not in the agreement". As a result, the lawsuit ended and the major shareholder of bank a was imprisoned for two years.
Of course, they also smoothly and legally took a lot of depositors' money.
There is little difference between the banking system of the gavra Empire and the federal banking system. After all, in some ways, many federal rules are "borrowed" from the gavra empire.
Later, these rules were gradually replaced by new rules with federal characteristics in the process of social development, but generally speaking, both sides can be said to come from the same source.
In gavra, the largest bank is the imperial Royal Bank, because behind it is the royal family, and the Treasury money also exists in this bank, which gives the Royal Bank the greatest confidence, and their deposit margin is less than people think.
Once the deposit in the bank is withdrawn, what will happen?
Without money to pay other depositors, banks are in great danger and may even go bankrupt.
When this happens, those lenders will never be in a hurry to repay. They will only drag on as far as possible until the bank collapses, and then buy out their "debt" at a cheap "price".
Suppose you borrow one million from the bank and repay it directly, even if you don't want interest.
But when the bank goes bankrupt and auctions its assets, they may buy their own debts for $3.5 million and legally save hundreds of thousands. Therefore, as long as people with normal minds know what to do at this time.
Now, the run has shown its power. It doesn't even need aristocrats to run. Only civilians can make major banks unbearable.
The news of the run on major banks quickly fermented, and some TV stations immediately cut into the live picture, which also led to more people who did not know the news to know the news.
The bank is running out of money. People have lined up to withdraw money. It's too late if they don't go again!
All kinds of people interviewed were either angry, anxious or desperate to describe their emotional changes with reporters. Not only themselves but also those in front of the TV set collapsed.
"The chancellor of the Exchequer is over!" Lynch looked at the long queue on TV. Now the situation has been completely clear. He turned to his little fan, "what's the situation with the exchange financial index now?"
The youngest count ran to make a phone call, and then ran back, "Mr. Lynch, it has begun to fall, but the decline is less than one percent..."
"It doesn't matter!" Lynch responded and looked at the others. "Once a bank run occurs, it will lead to the selling of the financial market."
"People will end their financial investment plans ahead of time because they are worried that they can't withdraw their money or they don't have enough cash, especially some large enterprises."
Lynch took out a cigarette. The youngest count immediately lit a cigarette for him with a lighter and looked at Lynch with admiration.
Obviously, they 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 of the Exchequer in another way.
Find the feeling of parents in their peers, which will leave the deepest shock to those young people, a kind of blind worship.
Lynch said a thank you and looked at the little count's face for a while. The little count was a little shy.
Unable to resist the impulse of goose bumps, Lynch looked away. "Before, the chancellor of the exchequer forced those listed companies to buy back circulating shares more or less in various ways, so as to drive the stock price and stabilize the market."
"This has also caused a phenomenon that nobody thought of, that is, there is little liquidity in the pockets of these large companies."
"I am a businessman. I have more than one company. I know that businessmen are actually very strict in the management of working capital."
"What I'm talking about is not that they want to ensure that they have more working capital, but that they want to ensure that every penny of working capital is spent without affecting the operation of the company and facing some emergencies."
"This also means that the stock repurchase outside the plan has brought their cash close to the warning line. Coupled with the bank run, it is even more impossible to withdraw any large amount of cash from these large companies at this time. If they want to resist risks, the best way is to sell stocks."
"They have to spit out how many stocks they have bought these days and sell more stocks to deal with the possible financial crisis!"
Lynch said a lot at once, and the nobles in the room listened very carefully. Whether they really understood or pretended to understand, at least they seemed to understand.
If someone remembers better, they may find that fewer and fewer people ask questions over time.
Not all of them can understand Lynch's ideas, but with their ability, they can't ask more questions in these aspects. After all, Lynch is professional, they are not.
He took a short break, drank some coffee, ate a piece of sweet cake and continued, "in order to cope with the run, the banks will certainly tighten cash and even collect some loans."
"You should know that many enterprises are operating in negative assets. If banks don't think of problems and don't want to be unable to pay or even go bankrupt because of the run, their best way is to get the money back."
"This also indicates that some enterprises will have major capital problems. Once the funds on their books are withdrawn by the bank, these enterprises will go bankrupt on the next payday!"
"And now there is still..." Lynch said, looking at others.
This question is not difficult. The nobles immediately showed a deep participation smile on their faces, and many people rushed to answer, "only one week!"
Lynch nodded, which made every noble who answered this question have a kind of heartfelt joy, not only because they participated in the whole process, but also because they could interact with Lynch, but also because they answered this key question correctly.
As long as people are involved by themselves, they will have an inexplicable emotion, an emotion that people can't understand.
Lynch slowly breathed a sigh of relief. "This game will end soon. Next is the time for us to strive for benefits."
"The chancellor of the exchequer will step down and his majesty will come in. Each of us will become more valuable!"
"Here is your money. Please keep it."In the bank, the teller girl put all the cash that a customer asked to withdraw on the table and gave a very considerate envelope that could hold money.The customer didn't withdraw much money, only 2100 yuan, and some change. An envelope is more than enough.After counting the money twice in front of the counter, he smiled like a sigh of relief, said goodbye to the teller girl and left.The next customer came to the counter. The girl smiled and said what was almost equivalent to instinct.What made her feel a little strange was that the woman who looked like she was in her fifties came to withdraw money, and she also wanted to withdraw all the money in her account.She felt something unusual, but this feeling came and went quickly. He was working and had no time to think about it, so she began to serve the lady.A few minutes later, five thousand yuan of cash was neatly placed on the counter. After counting the money, the female customer muttered something and left with the money.Before the next customer came, the teller girl looked at the other counters. She was a little confused because every window seemed to be handling withdrawal business.When the next customer arrived, she had to focus on her work and glanced at the long line. She didn't have much time to think about it.This scene, not only in the imperial Royal Bank, but also in all banks in the imperial capital and surrounding cities, is at a speed that people can't understand. Quickly spread to other places.The "little secret" circulating among the crowd is like a prank joke - there is no money in the bank.Yes, "there is no money in the bank", which is the whole content of this rumor. However, in the process of spreading this rumor, it is difficult for people not to add some new information to it subjectively, so as to enrich the news and make it look like a joke.From "many people go to the bank to withdraw money" to "some banks have been unable to withdraw money", then to "I heard that recent events have involved some banks, which have been temporarily sealed up" and finally "the bank is going to collapse"In fact, the development of rumors did not take much time. In two or three days, this rumor was like a bacterium falling in a Petri dish, spreading rapidly in the most perfect environment.All this led to the birth of a terrible phenomenon.a run on a bank!What any bank is most afraid of is the phenomenon of run. For example, if a bank has a depositor deposit of one million, it is certainly impossible that all the one million can be in the bank's vault, and the bankers intend to make money with this money.So there is a problem here. How much can the bank take out of a million deposits for investment or something else?Federal banks are divided into multi-level systems. According to different hierarchical systems and different policies in each region, the maximum deposit margin ranges from 50% to 12%.In other words, banks can leave only 120000 out of a million at least, and the remaining 880000 are used for lending or investment. At most, they must leave 500000 margin, only 500000 for other purposes.However, there is still a small problem in this circle. For example, bank B promises to guarantee bank A. when bank a runs or is difficult to pay depositors' deposits, bank B will allocate funds to solve these problems for bank a.Then they can sign a mutual agreement, so that bank a can maximize the depositor's funds for lending or investment.This kind of thing happened in federal history. As a result, bank a failed to invest and went bankrupt. Bank B refused to pay the deposits of all depositors on the grounds of "bankruptcy is not in the agreement". As a result, the lawsuit ended and the major shareholder of bank a was imprisoned for two years.Of course, they also smoothly and legally took a lot of depositors' money.There is little difference between the banking system of the gavra Empire and the federal banking system. After all, in some ways, many federal rules are "borrowed" from the gavra empire.Later, these rules were gradually replaced by new rules with federal characteristics in the process of social development, but generally speaking, both sides can be said to come from the same source.In gavra, the largest bank is the imperial Royal Bank, because behind it is the royal family, and the Treasury money also exists in this bank, which gives the Royal Bank the greatest confidence, and their deposit margin is less than people think.Once the deposit in the bank is withdrawn, what will happen?Without money to pay other depositors, banks are in great danger and may even go bankrupt.When this happens, those lenders will never be in a hurry to repay. They will only drag on as far as possible until the bank collapses, and then buy out their "debt" at a cheap "price".Suppose you borrow one million from the bank and repay it directly, even if you don't want interest.But when the bank goes bankrupt and auctions its assets, they may buy their own debts for $3.5 million and legally save hundreds of thousands. Therefore, as long as people with normal minds know what to do at this time.Now, the run has shown its power. It doesn't even need aristocrats to run. Only civilians can make major banks unbearable.The news of the run on major banks quickly fermented, and some TV stations immediately cut into the live picture, which also led to more people who did not know the news to know the news.The bank is running out of money. People have lined up to withdraw money. It's too late if they don't go again!All kinds of people interviewed were either angry, anxious or desperate to describe their emotional changes with reporters. Not only themselves but also those in front of the TV set collapsed."The chancellor of the Exchequer is over!" Lynch looked at the long queue on TV. Now the situation has been completely clear. He turned to his little fan, "what's the situation with the exchange financial index now?"The youngest count ran to make a phone call, and then ran back, "Mr. Lynch, it has begun to fall, but the decline is less than one percent...""It doesn't matter!" Lynch responded and looked at the others. "Once a bank run occurs, it will lead to the selling of the financial market.""People will end their financial investment plans ahead of time because they are worried that they can't withdraw their money or they don't have enough cash, especially some large enterprises."Lynch took out a cigarette. The youngest count immediately lit a cigarette for him with a lighter and looked at Lynch with admiration.Obviously, they 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 of the Exchequer in another way.Find the feeling of parents in their peers, which will leave the deepest shock to those young people, a kind of blind worship.Lynch said a thank you and looked at the little count's face for a while. The little count was a little shy.Unable to resist the impulse of goose bumps, Lynch looked away. "Before, the chancellor of the exchequer forced those listed companies to buy back circulating shares more or less in various ways, so as to drive the stock price and stabilize the market.""This has also caused a phenomenon that nobody thought of, that is, there is little liquidity in the pockets of these large companies.""I am a businessman. I have more than one company. I know that businessmen are actually very strict in the management of working capital.""What I'm talking about is not that they want to ensure that they have more working capital, but that they want to ensure that every penny of working capital is spent without affecting the operation of the company and facing some emergencies.""This also means that the stock repurchase outside the plan has brought their cash close to the warning line. Coupled with the bank run, it is even more impossible to withdraw any large amount of cash from these large companies at this time. If they want to resist risks, the best way is to sell stocks.""They have to spit out how many stocks they have bought these days and sell more stocks to deal with the possible financial crisis!"Lynch said a lot at once, and the nobles in the room listened very carefully. Whether they really understood or pretended to understand, at least they seemed to understand.If someone remembers better, they may find that fewer and fewer people ask questions over time.Not all of them can understand Lynch's ideas, but with their ability, they can't ask more questions in these aspects. After all, Lynch is professional, they are not.He took a short break, drank some coffee, ate a piece of sweet cake and continued, "in order to cope with the run, the banks will certainly tighten cash and even collect some loans.""You should know that many enterprises are operating in negative assets. If banks don't think of problems and don't want to be unable to pay or even go bankrupt because of the run, their best way is to get the money back.""This also indicates that some enterprises will have major capital problems. Once the funds on their books are withdrawn by the bank, these enterprises will go bankrupt on the next payday!""And now there is still..." Lynch said, looking at others.This question is not difficult. The nobles immediately showed a deep participation smile on their faces, and many people rushed to answer, "only one week!"Lynch nodded, which made every noble who answered this question have a kind of heartfelt joy, not only because they participated in the whole process, but also because they could interact with Lynch, but also because they answered this key question correctly.As long as people are involved by themselves, they will have an inexplicable emotion, an emotion that people can't understand.Lynch slowly breathed a sigh of relief. "This game will end soon. Next is the time for us to strive for benefits.""The chancellor of the exchequer will step down and his majesty will come in. Each of us will become more valuable!"
