Rebirth 79: I opened a bank in the United States

Chapter 225 We Are Not Noble
"What do you call it, Uncle Goodman!"

"We had just discussed how to solve the problem of migrant population, and this happened to us. If it is passed ahead of schedule, I am afraid that the conflict will intensify by then, and the situation around us will become a mess!"

Just as the two people were worried about when they communicated before.In the face of survival, everything is at the bottom. This is not a question of citizenship at all.
It's okay now, but when the depression continues to worsen, people's savings will run out one day.Even in the United States, or in the United States of this year, the day when this deposit is exhausted is not far away.

Because from the beginning of the 70s, in the past ten years, the inflation rate in the United States has basically never dropped below 10%.In this situation, as long as the loan interest rate does not exceed 10%, in fact, the more loans you borrow, the more beneficial it is for the borrowers!For lenders, it is a loss.

Anyone can pull wool.In the first year, some people may not dare to squeeze out, fearing that if the inflation rate drops later, they will lose money.However, this high inflation has been maintained for too long!

In ten years, the conservative old diehards have begun to tentatively accept the new way of life.Today, almost none of the people who have savings in their hands save one in ten.

Just as Douglas has a population of nearly [-], but the deposits belonging to depositors in the bank are actually less than [-] million, which is already very illustrative!

Once you have no money to buy bread, what can you do if you want to survive?
Migrate to a place where there is a job, and if you can't migrate.
"When encountering such an emergency, there is no way."

Goodman obviously also thought of the problem that Carter was worried about. After sighing, he asked tentatively:

"How about we contact Mr. Benjamin and put this proposal on hold for the time being. If we don't modify it, we just put it on hold for a while before discussing it"

It is undoubtedly a big taboo for managers to make changes from day to day. They make proposals in the front and reject them in the back.This is no less than letting Benjamin slap himself in the face. If possible, neither of them is willing to do so.

But if you don't do this, Goodman's scalp can't help but feel numb just thinking about the environment that Carter is worried about.

Without a source of livelihood, it is hard to imagine how crazy people will be when they are driven to a dead end.It should not be too normal to rob an armored vehicle on the road, or rob a car on the road.

If it was the past, Goodman could still accept this.In the worst case, let's not go out, just stay in Douglas City, can they still attack by force?

But now, the scope of business has expanded, and it is simply unrealistic to hide in the city.

"Let's discuss this at the end. If there is really no other way, then I can only ask Mr. Benjamin. I'm just a little strange. What do you think old Bass thinks? If they are not allowed to settle the loan in advance, then the money Won’t it flow to us? At this time, money is flowing out”

Lighting a cigarette, Carter felt that his mind was in a mess.

To be honest, as far as Carter himself is concerned, he actually hopes that all the banks around him are like Bath Bank.Because once they can't settle the first loan ahead of schedule, their need for the second loan, that is, the loan from their own bank, will be greatly reduced.

This will undoubtedly relieve a lot of my current financial pressure, and on the other hand.After these loans flow into Douglas or Pearson, they need to buy houses, live consumption, etc., as the money pours in and is spent in these two cities, the economies of these two cities may still be able to pick up. the trend of.
The economic improvement of these two cities is definitely the biggest good news for their own bank's business!Anyway, those loans don't need to be repaid by themselves, do they?

On the contrary, if they borrow money to build a house, they immediately borrow money from themselves and use the money to repay the previous loan.This will instead cause the existing funds to flow out, although compared with the incoming funds, the outflows will be much less.
Calculated at 20% loss, a property worth $[-] in Argyle can only be mortgaged to $[-], and the house built with $[-] can only be borrowed to $[-] dollars.The difference of [-] US dollars in the middle is actually left in the local area.

And this difference is also the goal of Carter's plan in the afternoon.From this point of view, Carter suddenly realized that he seemed to be sympathetic to the Bank of Bath. After all, what they did seemed to be helping him? !
They are the bad guys, the crime (high interest rate) citizens. The leeks suffer, and the benefits are their own
Nima is outrageous!
"Why else? Benefits! It is allowed to settle in advance, and they can only charge interest for one year at most. Even if a penalty is added, the interest for one and a half years will be exhausted. Top Potian can only earn [-] U.S. dollars. Most of the loans It may not be possible to receive this amount. If it is ten years, it will be [-]! Including inflation, the interest rate difference will be several times."

Goodman shrugged, he had no doubts about Bath Bank doing such a thing.After all, not every savings bank is as moral as Carter
To be precise, he should have the strength to do so many things!
If it is impossible to change the local economic environment, then self-protection and guaranteeing one's own interests have become an inevitable choice.Goodman doesn't think that his family is nobler than others. Everything Carter and he have done during this period is nothing more than that his family has more sufficient capital to resist this dark period and plan for greater benefits in the future.If Black Bank hadn't had the money that Carter had brought back from New York, he thought he'd be doing the same thing as Bath Bank.
Even if you know that the outflow of funds at this time will make the local situation worse, but you can make money!You also want to live, okay?
"Then what do you think this matter will develop into?"

After listening to Goodman's explanation, Carter could not refute.Simply no longer entangled with that question, and instead asked Goodman's opinion.

"It's hard to say. The key now depends on the situation of Baines and Old Bass. If Old Bass is soft on the surface and announces the cancellation of the restriction on early settlement, it may be resolved soon. But once it is announced, he... the future It's not easy!"

Announcing that the arrears are allowed to be settled in advance will certainly appease Baines and even most of the people in Argyll.But if he did what he said, the loss of profit would definitely make the old boy feel heartbroken;
Do you really want to continue working in the bank? !There is no industry that pays more attention to reputation than the banking industry!

"Mr. Baines, I can agree to settle the arrears in advance! But it must be three years later. After three years, the early settlement is allowed. This is my bottom line, even if you kill me now, I will say the same! "

Meanwhile, in the center of Argyll, inside the closed gates of the Bank of Bath.Old Bus frowned and looked at his son who was so frightened that he peed his pants, secretly thinking that the child's psychological quality was not good enough, he gritted his teeth, and stared at Baines every word with a look like he wanted to eat people. said suddenly.

For old Bass, who regards money as his life, if he wants to give up the benefits at his fingertips, it is better to kill him directly!However, Old Buss was dumbfounded the next moment.
After hearing what he said, Baines laughed:
"No need! It doesn't matter whether I can settle the matter ahead of time or not. By now, I'm already serving a life sentence. Killing one more is not much, killing one less is not less, hehe, do you think you can still get out of here alive?" ?”

"All of this is your fault! Bass!"

(End of this chapter)