Blackstone Code
Chapter 1478

The Money Could Not Be Withdrawn

1,908 words•6 min read•6 views
17d ago•

The purpose of Lehrmar National Bank's announcement of savings interest rates nearly three times higher than before was to absorb idle funds from society as quickly as possible.

Once people realized that the profits from industrial production were not even as high as the interest they could earn by depositing their money in a bank—and that depositing money in a bank carried not the slightest risk—large amounts of capital began flowing back into the banks.

The Grand President also learned this from the Head Office Director's explanation, but sometimes, knowing was more painful than not knowing!

If he did not know the answer, he could push all the blame onto the Head Office Director. But now that he knew, he had to explain the reason to the operators of those private banks and the shareholders behind them.

Why?

Why had the National Bank's savings interest suddenly risen so much?

The two people on either end of the phone fell silent at the same time.

The Head Office Director's silence was one of despair. He had already realized what was about to happen.

Precisely because he understood this clearly, raising the savings interest was the last thing he could do for the National Bank, the president, himself, and even the country.

The Grand President's silence came from his feeling that perhaps... things were not yet as bleak and hopeless as the Head Office Director had described.

He did not feel that suffocating sensation, nor could he understand the terror of slowly drowning while being unable to struggle. He thought the Head Office Director might have exaggerated.

He was not alone. He also had the Peng Joe People behind him. If things truly reached the point of no return, he still had one last chance, as well as a way out! He

End of Chapter
Prev
NovelSummaries
Next