What Lu Chen said was absolutely correct. There were indeed many businessmen jumping into the river in the capital in the past two days.
Most of these merchants had borrowed money from money houses. Now that Lu Chen was urging these money houses to repay the money, these money houses would naturally urge these merchants to repay the money.
If you can't pay back the money, you can only find a way to sell the valuables you have. Many people's businesses have gone bankrupt because of this kind of thing, and some are even forced to sell their children.
For the first time, merchants in the Great Qi Dynasty felt the horror of the financial tsunami, and the entire business community was filled with grief.
The more merchants who died, the more bad debts there were, and the greater the losses of the money houses.
The greater the losses of the money houses, the more people they ask to pay back their debts, which has almost become a vicious cycle.
After forcing many businessmen to death, these money houses also discovered in despair that no matter how hard they tried, they could not pay off the money they owed Lu Chen. Some money house owners also began to consider jumping into the river.
Some shop owners went to find the big bosses behind them, hoping that those dignitaries would take out their family money to support them.
As long as they can get through this crisis, their bank will still be able to make a lot of money.
However, Lu Chen's actions this time were too ruthless and the scope of attack was too wide. In addition, with the endorsement of Li Zhuo and the court officials, he seemed to be determined to fight to the death.
Faced with this situation, many people became cowardly. Many people felt that even if they took out money to support the banks at this time, it would be like throwing meat buns at a dog, and there would be no return.
Instead of doing this, it is better to keep their wealth, at least to ensure that they can live a decent life.
Besides, if a money house goes bankrupt, it would be easier to just build a new one later.
Therefore, after symbolically supporting themselves for a period of time, several major banks in the capital announced their closure.
The speed at which these money houses closed even exceeded the outside world's expectations. Many people felt that these money houses were large in scale and would definitely be able to survive for a while.
However, the fact is that no one wants to hold on any longer. The big bosses behind the scenes are too lazy to care, and the jobs at the banks have been poached. There is no point in holding on.
So the day after all the money houses were closed, the central bank was established and its office was set up next to the commercial street.
Choosing this place is very important!
On the day the central bank opened, the scene was quite grand, with loud drums and gongs, firecrackers, red flags waving and huge crowds of people.
Because the warm-up activities had been carried out ten days in advance, most of the merchants in the capital gathered here today.
Businessmen from all walks of life gathered together to exchange information.
"Brother Nian, is what you said true? Is it really true that it only costs one percent interest to borrow for three years?"
"You and I are brothers, how could I fool you about this? Not only is the interest rate 1% for three years, I heard that if you borrow for five years, the interest rate is even only half a percentage point."
After receiving a positive answer, the person who spoke said with trembling hands: "This is not a business, this is simply doing charity. Whose business is this!"
"Yes, compared to those moneylenders out there who charge exorbitant interest rates, this interest rate is really very reasonable. If the interest rate is always this high in the future, who in the world would borrow money from other moneylenders?"
At this time, a businessman came up and said, "This bank's magical operation is more than just that. I heard that you can make money by depositing money here. If you borrow a large sum of money from them and can't spend it in a short time, you can deposit it here and they can even return the money to you."
"How could such a good thing exist in the world? What if I deposit my money here?"
"It's the same, and depending on the deposit period, whether it's three or five years, the interest will gradually increase."
"If you calculate it all, wouldn't it be like giving it away for free? I wonder where this old man got this information from?"
"To be honest, my family and this bank have reached some kind of cooperation agreement, so I know about this." As he spoke, the other party quietly pulled out a gilded card from his pocket and proudly said, "Please look, this is the bank's gold membership card. With this card, you can enjoy priority in the queue, a private reception room, free fruits and drinks, and the service of beautiful sales staff."
"Let me put it this way. As long as you have this card, even if the person in front of me in line is a noble and their membership level is not as high as mine, they will still have to let me do business first."
What? !
Everyone was shocked when they heard this. In this bank, they actually didn't recognize the status of nobles? How unorthodox was this!
"A prestigious bank actually offers services by beautiful women? Where's the morality? Where's the bottom line? Where can I get a card?"
Facts have once again proved that anything that can make people feel that they have made a class leap is a good thing!
So on the day the bank opened, people who came here to borrow money went crazy, and people who came here to deposit money also went crazy.
Especially when people heard that after applying for a card here, they could use the card to enter various places in the commercial street to make purchases, wealthy people from all over Beijing were eager to come here to save money.
After the business ended that day, everyone calculated the income and expenditure and almost dropped their jaws.
They thought they would definitely lend out a lot of money today, but after calculating, they found that the amount of deposits today was even higher than the amount of loans!
This result made Zhao Gongming and others very satisfied, and the central bank was able to stand firm.
If this momentum continues, the central bank's business will soon sweep across the entire China.
My dear, there is more to this chapter. Please click on the next page to continue reading. It will be even more exciting later!
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