I Inherited 5,000 Years of Family Property

"Huaxia people? How could Huaxia people possibly have so much money deposited in our Qingqiu Bank?" Piao Guanzhi was suddenly perplexed. If they had money, why would they deposit it in Qingqiu's bank? Isn't it good to save money in Huaxia? To deposit it in the bank and make money for Qingqiu?

If this were an ordinary time, Piao Guanzhi would have been laughing so hard that he'd be close to tears. No matter which country's citizens were involved, as long as they deposited money in their bank, it was always good news.

But once it came to withdrawing money, it would be a nightmare!

"Do you have any specific information on these Huaxia people?"

"We do, but it's meaningless," said Director Kim. "These Huaxia people are not entrepreneurs or investors. They seem to be the most ordinary people living in our Qingqiu, some even renting their homes. Yet when they pull out their bank cards, not one of them has a balance of less than a hundred million Qingqiu Currency!"

"How is that possible? How could these Huaxia people be so wealthy?" Upon hearing this news, Piao Guanzhi could no longer keep his composure. "What's the situation now?"

"The situation is very grave. This morning, our bank's deposits have already decreased by more than 200 trillion!"

"What? 200 trillion gone in just one morning?" A spasm crossed Piao Guanzhi's face. Their deposits only increased by 700 trillion in a quarter, and now in just three hours, a third was already gone?

"We're now running out of armored cash transport vehicles. Banks all over the country are requesting support, and the situation is becoming more severe," Director Kim said. "Apart from those Huaxia people coming to withdraw money, there are also many customers looking to make deposits. As soon as they hear the bank is low on funds, who would dare do business with us!"

"Not only that, the news has already leaked out. More and more customers are gathering at the entrance of the bank waiting to withdraw money. They fear our bank might be emptied, and when the crucial moment comes, they won't be able to get their money out. Right now, for them, having cash in hand is what matters most!"

"This is bad!" If the news spreads further, it could even lead to widespread panic.

Keep in mind, although banks do hold a substantial amount of savings, they operate on liabilities. Their assets are lent out, invested, or used for other purposes.

Qingqiu Bank has more than 20 trillion Qingqiu Currency in deposits—can the banks nationwide come up with 20 trillion Qingqiu Currency in cash? Even 10 trillion can't be produced!

If panic were to ensue at this time, it could truly cause an explosive crisis. If all the national savers were to surround the bank doors waiting to withdraw money, the bank might even go bankrupt!

However, the country cannot just stand by and watch a cornerstone bank go bankrupt. If the bank cannot produce the money, the country would even resort to printing currency to fill the bank's financial gaps.

But printing money is not the end of it. With a large amount of cash flowing into the market, serious inflation is inevitable. Then comes a sharp increase in prices, followed by a rise in the cost of raw materials. This is a sign that an economic crisis is starting!

Therefore, unless absolutely necessary, the country would definitely not start the money printers.

"Can we hold out?" At this point, Piao Guanzhi's former interest had completely vanished, and he was worried that the number of people withdrawing money would continue to grow, leading the situation to an uncontrollable extent.

"We can hold out, but not for long!" said Director Kim. "If the loss of deposits cannot be stopped, it will develop into an irreparable situation."

"Then let's start preparing!" Piao Guanzhi declared. "First, contact the other banks. We're out of money, but they must still have some, right? I refuse to believe that with so many banks in Qingqiu Country, we can't produce the funds to plug these gaps!"

What Piao Guanzhi cared about now was no longer the amount of deposits, but whether the situation could be alleviated. Once it really reached that point, even the country would not let him off!

"I will contact them right away!" Director Kim immediately took out his phone and began contacting the head of Lian Bank.

"What?" Director Kim's face suddenly turned ashen, as if he had lost all his strength at once, and even the phone slipped powerlessly to the ground.

"What's going on? They're not willing to support us?" Piao Guanzhi asked, ready to swallow his pride and go himself if necessary. As the largest bank in the country, if there was really a problem, the other banks wouldn't fare much better.

"They won't say, President. They're saying that their Lianbang Bank has encountered the same issue!" Chief Jin's face was ashen, "And their situation is even worse than ours. Since this morning, they've lost nearly 28 trillion Qingqiu Currency!"

"How could this happen?" An inexplicable sense of fear arose within him. Up to now, Piao Guanzhi had never felt such fear, as if all of this was being manipulated by an invisible hand; how else could such widespread occurrences take place?

"Quick, check with the other banks!" Piao Guanzhi urged, "Never mind, I'll make the calls!"

"President Jiang, how much cash reserves does your Hana Bank still have?"
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"What? You've had 25 trillion taken away just this morning?"

"President Liu, has your Qingqiu Minsheng Bank run into some trouble too?"

"You're down 18 trillion?"

The more calls Piao Guanzhi made, the more his hands trembled. Nearly all of the banks in Qingqiu were experiencing the same issue, and the reserves lost by Qingqiu Bank were actually amongst the lesser ones!

"What on earth is going on?" Piao Guanzhi's face went blank, "No, this matter isn't so simple; I must report it to the state's Ministry of Finance!"

...

That evening, a private airplane landed at the capital's international airport in Qingqiu Country, and a young man in a thick down jacket shivered as he stepped off the plane.

"Achoo! Dammit, what kind of lousy place is this, so cold?" Zhang Menglong grumbled as he disembarked, "So cold I could die. If it weren't for wanting to travel abroad, I really wouldn't want to come here!"

After assigning the task to Hong Yi the day before, Zhang Menglong had been planning a trip to Qingqiu Country. Strictly speaking, this was his first time leaving Huaxia, and he wasn't quite accustomed to the foreign air just yet.

"Why do I feel that everything here reeks of kimchi?" Zhang Menglong remarked.

"Mr. Zhang, what you just ate was kimchi rice cakes."

"Oh, is that so? Hahaha, I thought they were pickled vegetable rice cakes for a moment!" Zhang Menglong laughed sheepishly, "Right, how are things now? Are their banks about to go crazy?"

"Mr. Zhang, throughout today, Qingqiu Bank's savings have plummeted by 58 trillion, Lianbang Bank by 54 trillion, Hana Bank by 47 trillion, Qingqiu Minsheng Bank by 49 trillion... In total, we've already withdrawn over 500 trillion Qingqiu Currency from the banks."

"Ah? Is that all?" Zhang Menglong sounded disappointed, "That's all the money I have?"

"Not at all, Mr. Zhang," Hong Yi smiled, "it's not because you don't have enough money. Those smaller banks simply don't have that much cash on hand, and they must pull from Level One banks. But since two o'clock this afternoon, even Level Two banks have been running out, and now the entire Qingqiu Country is frantically circulating cash."

"Hahaha, then this scene must be quite spectacular!" Zhang Menglong laughed.

"Indeed, they don't even have enough armored cash transport vehicles now!"