The Founder of the Great Financial Family - Chapter 64
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- Chapter 64 - The Founder of the Great Financial Family Chapter 64
Translator: Tani
“The more boring our wait is, the sweeter the fruit it will bring. Our results will beyond imagining so please keep waiting. Until the people here use our gold promissory notes as if they were money.”
Rockefeller continued to speak,
“And something like this isn’t done overnight. It will take a few years at least – 10 years at the most.”
Rockefeller’s age was still 15.
Even if this plan took years to come to fruition, Rockefeller was at an age where he wouldn’t lose anything.
Because he was just that young.
‘Even if it takes three or five years here. I don’t have anything to regret. I’m so young that I need to pass the time until I’m an adult anyway.’
In order to get out of Carter’s shadow and become independent, it was important for him to reach the age of adulthood.
According to imperial customs, it was only after he became 18 that he could be treated as an adult.
“And don’t worry too much, even if you’re disappointed with the money right now. There’s another way we can make money aside from what we have planned already.”
Carter’s ears pricked up at Rocekfeller’s words.
“What? What did you say?”
“What? I said there was another way to make the money that you love.”
Carter felt his heart pound.
That was just how much he loved to make money.
“What are you talking about? The money we’re already making isn’t bad, are you saying I can earn more than this?”
“Yes, when the time comes, the Lord needs to be in heavy debt fro us to be able to make a big profit right?”
“That’s right, that’s right.”
“In order for that to happen, we need a lot of money don’t we? That way we can lend a lot of money to the Lord,”
Carter nodded his head quickly.
“Of course, but how do we go about earning more? With the knowledge I have, I can’t think of a way to earn anymore money.”
Rocekfeller grinned at those words.
‘We should slowly move on to the third stage.’
“Before now, Ajusshi, you’ve only leant out your own money and made interest on that, haven’t you?”
That was stage 1.
Carter nodded, not denying his words.
“That’s right,”
“After that, we secretly started lending out the customer’s money and earned interest on that too right?”
That was stage 2.
“Right… so what are you talking about?”
That precocious rule of the modern banking model – of course Rocekfeller was aware of it too.
He smiled a meaningful smile and explained stage 3.
“From now on, we’re not just going to lend out customer’s money – we’re also going to lend out money we don’t have.”
At those words, Carter couldn’t erase the the blank expression on his face for a while.
What?
What was he talking about?
“What does that mean? How can you lend out money you don’t have?”
Rockefeller was still smiling.
“Hm, how should I say this? It’s the surprise factor of this business.”