Chapter 2751
If someone asked what gold was good for, that person's brain definitely had something wrong with it.
Because no normal person could ask such an childish question.
Even if they did not know gold's more advanced uses, they should at least understand its value as a form of wealth.
Lin Qi thought for a moment. "Gold is an extremely stable, inert metal. It has many applications in industrial development, such as vacuum tubes and electronic chips."
"At the same time, it is a primitive currency recognized and accepted by everyone."
"If the Credit Point plan doesn't work, gold will soon become the representative of wealth again, and its use will be reinstated in all the shelters."
After hearing this, Conner nodded as if he understood. "I get it. Then let's ask them for gold."
After saying that, he seemed to think of something. "If the Big Five Banks merge, does that mean many of the businesses belonging to them will run into trouble?"
The Big Five Banks also held controlling stakes in many companies and had investments across numerous industries.
When they issued loans to businesses and those businesses failed to develop smoothly or achieve high returns, they would demand repayment in cash.
But if a business developed successfully, they would find ways to turn the loans into shares, such as by issuing another loan or making an additional investment.
In the Federation's highly developed financial society, almost no business could operate without banks, and all of them maintained extremely complicated relationships with the banking sector.
If the Big Five Banks liquidated their core assets and transferred them to Blackstone Bank, it could very well trigger a massive financial storm.
Conner was very worried about this, but Lin Qi was not.
"The financial order should have collapsed long