Chapter 2865 Financial Crisis

"Come on, sit down, I have nothing to do today, let's chat." The consul said to Jiang Fei with a smile.

"Yes! Your Excellency!" Jiang Fei sat on the sofa opposite the Consul, and sat as respectfully as possible, but there was no standard. After all, his identity came from a poor area, and he sat opposite the Consul. Sometimes, it is normal to appear cautious, but if you sit upright and look like an old-fashioned officialdom, it is a bit unreasonable.

"Who else is in your family?" The consul asked with a smile.

"My subordinate's parents died since childhood, and he lived on the streets since he was a child." Jiang Fei said, Ralph's life experience is indeed quite tragic.

"Hey! You are also a poor person." The consul sighed, and then began to chat with Jiang Fei.

Chatting and chatting, the family affairs were all finished, and then the consul talked and talked, and brought the topic to current affairs.

"What do you think about the robbery in the Life Building?" The consul asked casually. He really didn't intend to let Jiang Fei tell the truth, but he just brought it up casually while chatting.

"To be honest, my subordinates didn't know much about it. Although I was the head of the security department of the Life Building at the time, the floor structure diagram in my hand only reached the tenth floor, and the contents of the tenth floor were still hidden, so I didn't know it before. There is an eleventh floor underground." Jiang Fei said.

"Then, when I heard that something happened, you also went." The consul asked.

"Well, I also went there at that time. There are many safes on the eleventh floor of the basement. I don't know what is stored in them. It looks like it should be very important. About one-third of the safes have been opened." Jiang Fei Tell the truth, because these things are too easy to check, he lied here, it was completely uncomfortable for himself.

"Don't you know what's in the safe?" asked the consul.

"I don't know...it seems very important, but they didn't tell me and told me not to mention the theft." Jiang Fei said.

"Do you know Yuelingjing?" The consul didn't know what he was thinking, maybe he really trusted Jiang Fei, or maybe it was because he wanted to train Jiang Fei to fight against Colonel Kono, so he actually took Yuelingjing I brought up the matter with Jiang Fei.

"I know, this item is very valuable and can be exchanged at the bank at any time." Jiang Fei said.

"That's right, generally speaking, banks rely on a large number of Moon Spirit Crystals as a backing to issue banknotes. If there is no Moon Spirit Crystal as a guarantee, what they issue is waste paper, and no one will admit it." said the officer.

"What do you mean?" Jiang Fei pretended to be stupid and said in a daze.

"Think about it, if the bank guarantees that you can bring the banknotes at any time, it can exchange them for Moon Spirit Crystals at any time, then you will think that the banknotes and Moon Spirit Crystals are equivalent, and it will be more convenient to use banknotes , so keep the Moon Spirit Crystal in the bank, and use banknotes for daily consumption?" The Consul also knew that Ralph, a guy from a poor background, had never been to school, but in order to train him, he patiently explained to Jiang Fei.

"Yeah, it was so inconvenient for Yue Lingjing to buy things that day, and if you bought some small things, it would be troublesome for people to find change!" Jiang Fei continued to play his role.

"But if the Moon Spirit Crystal stored in the bank suddenly disappears and cannot be exchanged, what will happen to you?" The consul continued to persuade.

"Of course I should go to the bank quickly. How much can I cash out? Otherwise, what's the use of holding that waste paper?" Jiang Fei said.

"Then why don't you usually change it?" the consul asked.

"Usually the bank has enough Moon Spirit Crystals. When will I go and when will he have them? Then why should I exchange them? But if he doesn't have so many and I don't exchange them, won't everyone else exchange them? Wouldn't the banknotes in your hand be scrapped?" Jiang Fei said.

"That's right, so when everyone went to exchange, wouldn't the bank go bankrupt?" asked the consul.

"How is it possible? Since the bank previously guaranteed that they could exchange them at any time, it means that they have enough Moon Spirit Crystals to exchange all the banknotes!" Jiang Fei continued to pretend to be stupid.

"Hey, you really need to study more. When the bank issues banknotes, they don't issue banknotes with one month of spirit crystals. They issue double or even three or four times the banknotes with one month of spirit crystals!" said the consul.

"Isn't that cheating people? If everyone went to exchange, wouldn't they be exposed?" Jiang Fei asked deliberately.

"What did you say just now? As long as people promise to exchange at any time, you won't exchange it! Even if someone is willing to exchange, the bank can give it to you, but you can't exchange it for a few days. If you find that the bank can always fulfill its promise, you will They will find it troublesome to use Yue Lingji, and they will exchange them back to banknotes, so as long as the bank guarantees that they can handle a certain degree of exchange, they will have no problem issuing excessive banknotes." The consul said.

"Since this is the case, why are you afraid now?" Jiang Fei continued to cooperate and asked.

"Now one-third of the Moon Spirit Crystal stored in the bank has been stolen. If it spreads, the common people will not be crazy? Everyone is afraid that they will be late and cannot exchange the Moon Spirit Crystal, so they will definitely go to the bank to go crazy. The run on the bank, and the bank itself has over-issued currency, and now they have lost one-third of the Moon Spirit Crystal reserve, and they will definitely not be able to cash it." The consul said.

"And then?" Jiang Fei asked.

"Then the bank has only two options. First, continue to exchange. After all the Moon Spirit Crystals have been exchanged, they will go bankrupt, and all the remaining banknotes will become waste paper." The consul said.

"What about the second choice?" Jiang Fei asked again.

"The second is to refuse to exchange, or to exchange in a limited amount. In this way, although the banknotes will not immediately become waste paper, they will also depreciate crazily. At that time, they may even buy half or one-third Can’t even buy it!” said the consul.

"If that's the case, it must be messed up!" Jiang Fei said.

"Yes, so you now understand why this matter must be kept absolutely secret?" asked the Archon.

"Ming understands, but how to solve the problem?" Jiang Fei asked.

"The top priority now is to block the news, but there is no impenetrable wall in the world, and the news will spread sooner or later, so we must take advantage of this time to catch the robbers and recruit those Moon Spirit Crystals. If it is released, the common people will feel at ease, and if they don't concentrate on running, the bank can continue to operate." The consul said.

"Oh! Oh!" Jiang Fei nodded. In fact, besides this method, there are other methods that can also solve this problem, but those are all the ideas of financial experts in the three-dimensional world, and the gamma space is relatively It's too small. The financial world here is relatively stable, so they haven't experienced a crisis at all. They can think of these two possibilities, which is already very good.