The next day, there were still many, many people withdrawing money.

Of course, most people who withdraw money still withdraw money from current passbooks. As for time deposits, no one has touched them yet. However, the amount of cash in the bank continues to drop rapidly every day. Before, most of them were

Some people deposit and some withdraw. Banks sometimes just serve as a transfer station for money. Money is always stored there, it's just transferred from one account to another.

It's good now. All the money in the current passbook has been withdrawn. The money in the bank's vault seems to be getting less and less. What if everyone really doesn't want interest and comes to withdraw money?

"Boss, what do you think they will do?" Melissa asked.

Lin Feng smiled slightly.

"There are many ways they can do it, such as spreading various remarks and telling everyone that withdrawing money will cause bank currency shortages, lead to bank financial constraints, endanger the normal financial order of society, and cause companies to be unable to get loans and factories to be unable to operate normally.

If construction starts, the final result will be social and financial collapse, and everyone will be unlucky!" Lin Feng chuckled, "It's a pity that such remarks are of no use to the Chinese people." Lin Feng shrugged, "China's five thousand years of historical and cultural uniqueness,

Let the Chinese people believe that it is safe to put it in their pockets! Of course, it can also be said to be down-to-earth. In the hearts of the people, this money is safe to put in their pockets. Of course, now everyone believes that it is safe to put it in the bank.

.But if the bank makes this statement, then people will definitely be suspicious of the bank. Think about it, if my money is deposited in the bank, it should be able to be withdrawn. Now you make such a statement, but say that I cannot withdraw it. You said that I have withdrawn it.

.It will affect the social and financial order. It will lead to China's financial collapse. This will not let the people keep their money in the bank, but they will think, my God, I deposited my money and can't take it out. There is such a reason.

This is too scary. So, in the end, people will definitely choose to withdraw their money like crazy!"

Melissa thought for a while and nodded. She had been in China for so long, and finally understood the uniqueness of China. The world is divided into China and the world. What I mean is that China and the world are completely different. This is a trend that is popular in the world.

, you may not be popular in China. And this rule is the experience summed up by countless world-class manufacturers after paying countless painful prices.

Foreign citizens will naturally understand that if all the money is withdrawn, it will inevitably cause a bank run and a series of unpredictable financial events. Therefore, everyone will be very sensible. As long as the bank does not have major financial problems or may go bankrupt, then everyone will

There will be no bank runs. But in China, the more you say you can't withdraw money, the more you have to withdraw money.

This is just like before, there were rumors that the central bank was preparing to introduce thousand-yuan banknotes. This proposal was proposed by Zong Licheng, a member of the National Committee of the Chinese People's Political Consultative Conference and vice chairman of the Shandong Federation of Industry and Commerce, at the National People's Congress in 2004. His reason was

Nowadays, with the rapid development of social economy, per capita wages have risen to a high level, and prices have continued to rise. When consumers spend more and more money at one time, it seems a bit inappropriate to use hundred dollar bills.

Large-denomination RMB has many advantages and benefits. First, it is easy to carry, second, it reduces the time in the circulation process and improves efficiency, and third, it saves paper. This is beneficial to the country and the people. However, this has been fully opposed by the people.

It is said that issuance of one thousand yuan is a disaster for the country and the people. Once issued, prices will inevitably rise, even reaching a level that is difficult to reach. Many people even insulted Zong Licheng as a lackey of capitalists and a claw of corrupt elements. In the end, this

The proposal was rejected.

But is it really impossible to use large amounts of RMB?

In fact, from a financial perspective, it is related to the economic level of a country. When the economic level of a country rises to a certain level, it can issue large amounts of currency to meet market needs. After all, if you want to buy a building, you need

Carrying a box of money is a bit out of date. Although you can transfer money directly, sometimes cash is more convenient. Especially when you go shopping in a mall, you buy something, open your wallet, and throw away a lot of money, which is undoubtedly very bloated. This

In this case, it is undoubtedly more convenient to issue large-denomination banknotes.

But why are the Chinese people afraid? The reason is that during the Republic of China, large-denomination banknotes were also issued. On August 19, 1937, the National Government implemented currency reform, abolished legal currency, and circulated gold yuan coupons. One yuan of gold yuan coupons was converted into legal currency of 3 million yuan and was recovered.

Three months after the issuance of legal currency and gold yuan bonds, prices skyrocketed and currency values ​​plummeted. It was common for people to carry sacks of money and still not be able to buy a single cornbread. As a result, prices at that time completely collapsed and the market was completely chaotic. In the end,

By the first half of the next year, it was rejected by the masses. The masses would rather barter than accept the use of this legal currency.

Therefore, Chinese people are afraid that this situation will happen again after the current use of large-denomination banknotes. What if, after the issuance of 1,000 yuan banknotes, 10 yuan can now buy a bowl of beef noodles. As a result, after the issuance of 1,000 yuan banknotes, 20 yuan may not be enough.

If you can buy it, isn’t it a scam? Therefore, the Chinese people are firmly opposed to it.

However, judging from the actual situation of each country, whether the country issues large-denomination RMB, prices will still rise, inflationary pressure will still be high, and the RMB will still depreciate, which is different from whether the country issues large-denomination RMB.

It's irrelevant. What's more, we have now entered the era of "cards". Not to mention that employees in the unit no longer use cash to pay wages, but directly use "bank cards" to count them; even when people go shopping in shopping malls, they have become accustomed to "swiping cards"

Instead of using cash, whether it is RMB with a large denomination or a RMB with a small denomination, it is just a number for the unit or for consumption. The size of the RMB has no practical meaning. From this point of view, whether it is issued or not is

The issuance of large denominations of RMB is the same and does not affect the circulation of currency at all. It is just a number.

Of course, this can also be said from a certain perspective. Since everyone is used to it, there is no need to issue large-denomination currency. However, from the perspective of domestic economic level and consumption habits, large-denomination RMB is more convenient for Chinese people to consume.

Habit. After all, Chinese people like to carry cash. As for why the United States does not issue large denominations, this is due to the consumption habits of Americans. You can swipe cards wherever you go in the United States, even in small convenience stores.

Cards can be swiped. Moreover, Americans usually pay monthly bills. For various incomes every month, bills will be sent to them at the end of the month. At that time, they will repay the bill in cash in one lump sum.

Therefore, Americans really do not need higher denomination currency. Moreover, it is not that the United States has not issued higher denomination currency. Historically, the United States has also issued US$200, US$500, US$1,000, US$2,000, US$5,000, and US$10,000.

However, the issuance of large-denomination banknotes was stopped in the 1940s. Finally, due to the popularity of credit cards, the United States entered a credit society and decided not to issue banknotes with denominations greater than 100 US dollars in the future. However, the large-denomination banknotes that have been issued have not been invalidated and can be

Participate in market circulation. Of course, even if you own those large-denomination banknotes, no one will spend them because their collection value has far exceeded their face value.

Of course, what I’m talking about here is the panic psychology of the Chinese people. If you don’t let me withdraw the money I deposited in the bank, saying that it will affect China’s financial order, then the result is that I will definitely withdraw it. So if the bank makes such a statement

, the result is that people panic and withdraw cash, eventually causing a run.

"So what will the bank do?" Melissa asked.

"Haha, I think as for banks, their tactic now is to delay!" Lin Feng smiled.

Tow? How to tow?

The next day, after discussions last night by the four major banks, the four major banks issued a message that all regular passbooks that want to withdraw money must make an appointment 15 days in advance.

Undoubtedly, this news is used to deal with the bank run crisis proposed by Lin Feng. The real majority of deposits are in time passbooks. If time passbooks cannot be cashed, at least they cannot be cashed and withdrawn immediately, then will the bank be afraid of withdrawing money?

?I’m not afraid of all of you retail investors. After all, if you really have enough cash, most of it will be deposited as time deposits instead of current deposits. After all, the interest rate gap is too big.

After learning that the bank had launched this policy, all real estate companies heaved a sigh of relief. This time, they no longer had to worry about banks withdrawing loans. If Lin Feng really stopped lending and even asked them to repay, then among these companies,

, almost half of them will collapse. Now that the bank has introduced this policy, an unprecedented policy, it is obvious that Lin Feng and Lin Feng are prepared to carry it to the end. This is also sending a signal, telling them to straighten their backs, don’t lie down, and persist.

It’s victory!

"Boss, now that the four major banks have restricted cash withdrawals, what should we do next?" Melissa asked.

Lin Feng smiled.

"I expected that the first step of the four major banks would be to restrict cash withdrawals. This is because this is the usual routine of these state-owned enterprises. They are cautious and first use restrictions on cash withdrawals to test everyone's reaction. And this is their biggest mistake. They must not do this.

If they do this, they will be in trouble!" Lin Feng smiled coldly, "To restrict cash withdrawals, it is better to simply announce that the current account will not expire and cash withdrawals will not be possible!"

Later, Lin Feng posted a Weibo post.

"In response to Comrade Xiaoping's call, those who get rich first will lead those who have not. I will establish the 'Fengshen Venture Capital Fund', with 10% of the capital guaranteed every year, with no upper limit. Everyone is welcome to buy!" Lin Feng announced!

Weibo.(To be continued...)
Chapter completed!