"What do you mean, Uncle Goodman?"

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

Just as the two people worried when they communicated before. In the face of survival, everything takes a back seat. This is not a question of citizen status at all...

It's okay now, but when this depression continues to worsen, people's savings will eventually run out one day. Even in the United States, or in the United States of this year, the day when these savings are used up is not that far away.

Because since the 1970s, 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%, the loan actually becomes more expensive.

The more it is, the more beneficial it is to the borrower! It is actually a loss to the lender.

Everyone knows how to pluck wool. In the first year, some people may not dare to pluck wool, fearing that if the inflation rate drops later, they will lose blood. But unfortunately, this high inflation has been maintained for too long!

In the past ten years, old die-hards who were conservative enough began to tentatively accept the new way of life. But today, almost no one out of ten has saved money.

Just as Douglas has a population of nearly 50,000, but the deposits belonging to depositors in the bank are actually less than 4 million, this is quite telling!

Once you have no money to buy bread, what can you do to survive?

Move to where there are jobs, and if you can't move...

"There is nothing we can do in the event of such an emergency."

Goodman obviously also thought of Carter's concerns. After sighing, he asked tentatively:

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

It is undoubtedly a taboo for managers to make changes in the morning and at night. They make proposals on the front foot and then reject them on the back foot. This is no less than letting Benjamin slap himself in the face. If possible, neither of them would be willing to do this.

But if he didn't, Goodman's scalp would go numb just thinking about the kind of environment Carter was worried about.

It’s unimaginable how crazy people would be without their source of livelihood. It’s unimaginable to rob a cash transport truck on the road, or do a robbery on the road, etc. Don’t be too normal.

If it were in the past, Goodman would still be able to accept this. At worst, we won't go out and just stay in Douglas City. Can they still storm in?

But now, the business scope has expanded, and it is simply not practical to stay in the city.

"Let's discuss this last. If there is really no other way, then we can only ask Mr. Benjamin. I'm just a little strange, what do you think this old Bass thinks? If they are not allowed to settle the loan in advance, then this money

Won’t it flow out to us? At this time, funds are flowing out..."

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

To be honest, as far as Carter himself is concerned, he actually hopes that the banks around him will do what Bank of Bath does. Because once they cannot pay off the first loan in advance, then they will not be able to pay off the second loan, that is, from now on.

The demand for loans from your own bank will be greatly reduced.

This will undoubtedly relieve a lot of the financial pressure that I am currently facing. On the other hand, after these loans flow into Douglas or Pearson, they need to buy a house, need living expenses, etc., with the influx of money, and here

If the money is spent in two cities, then the economy of these two cities may have some upward trend...

The economic improvement of these two cities is definitely the biggest good news for our bank's business! Anyway, you don't need to repay those loans, right?

On the contrary, if they take out a loan to build a house, they immediately take out another loan and use the money to repay the previous loan. This will actually cause the existing funds to flow out, although compared with the incoming money, the outflow will be much smaller...

Based on a 20% loss, a house in Argyle worth $50,000 can only be mortgaged for $40,000, and the house built for $40,000 can only be borrowed by yourself for $32,000.

U.S. dollars. The difference of 8,000 U.S. dollars actually stayed in the local area.

And this difference was also Carter's goal in the afternoon. From this perspective, Carter suddenly realized that he should sympathize with Bass Bank... After all, they seemed to be... helping themselves by doing this?!

They are the bad guys, and the citizens are guilty (high interest rates)... Leeks are the ones who suffer, and they reap the benefits for themselves...

That’s ridiculous!

"Why else? Profit! If early settlement is allowed, they can only charge interest for one year at most. Even if they add penalties, it will last for one and a half years. They can only earn 10,000 US dollars if they break the bank, and most of the loans

You may not be able to receive this amount. If it were ten years, it would be 67,000! Taking into account inflation, the interest rate difference would be several times higher."

Goodman shrugged. He was not at all confused about Bath Bank doing such a thing. After all, not every savings bank is as moral as Carter...

To be precise, he should be capable of doing so many things!

If the local economic environment cannot be changed, then self-protection and ensuring one's own interests will become an inevitable choice. Goodman does not think that his family is nobler than others. Everything Carter and himself have done during this time is nothing more than

He has more capital, so he can resist this dark period and seek greater profits in the future. If Black Bank didn't have the money Carter brought back from New York, he felt that he would do what Bass Bank did.

.

Even if you know that the outflow of funds at this time will make the local situation worse, you can still make money! You also have to survive, okay?

"Then how do you think this matter will develop?"

After listening to Goodman's explanation, Carter could not refute. He simply stopped worrying about the issue and asked Goodman what he thought instead.

"It's hard to say. The key now depends on the situation of Baynes and Bass. If Bass shows mercy and announces the lifting of the restriction on early settlement, it may be solved soon. But once announced, he...

.The future will be difficult!”

Announcing that it is allowed to settle debts in advance can certainly appease Baines and even most of the Argyle people. But if it is done as promised, the loss of profits will definitely make the old boy tremble with heartache; and if

Go back on your word...

Do you really want to continue working in a bank?! There is no other industry that pays more attention to credibility than the banking industry!

"Mr. Baines, I can agree to settle the debt in advance! But it must be three years later. Early settlement is not allowed until three years later. This is my bottom line. Even if you kill me now, I will still say this!

"

At the same time, in the center of Argyll, inside the closed door of Bath Bank. Old Bath frowned and looked at his son who had been frightened to the point of peed his pants, secretly thinking that the child's psychological quality was still not up to par, biting

He bared his teeth and stared at Baines with a cannibalistic look as he spoke word by word.

For Old Bass, who regards wealth as his life, if he wants to give up the benefits that are easily available, it is better to kill him directly! However, Old Bass was dumbfounded in the next moment...

After hearing what he said, Baines chuckled:

"No need! It doesn't matter whether I can settle the matter in advance now. As of now, I am already sentenced to life imprisonment. Killing one more is not a lot, killing one less is not a lot. Haha... Do you think you can still live?

Get out of here?"

"It's all your own fault! Bass!"
Chapter completed!