As a mage, I just want to pursue the truth

Chapter 335 Conspiracy Theory

As the financial brain of America, the Federal Reserve's position in the world is unquestionable.

Their every move will cause a strong reaction in the entire market, from America to distant China.

This institution, which was only established in 1913, has been expanding its power over the past years.

Moreover, with the arrival of each deep financial crisis in capitalism, its power will be significantly increased.

Therefore, there have been various conspiracy theories surrounding the Federal Reserve over the years.

I believe that there is a real controller behind the Federal Reserve, and it is not just one person, but a group of people.

Similar remarks are widely circulated in America, and you can even see clues about the Federal Reserve conspiracy theory in the "Currency War" of China Financial Roadside Society.

Conspiracy theorists seem to have found a lot of evidence to prove this point.

For example, the Federal Reserve Act did not actually pass the consent of Congress, and the Senate voted without reaching the legal number of voters.

On the day of the Federal Reserve Act vote, the House of Representatives passed the bill by a vote of 298 to 60, and the Senate passed the bill by a vote of 43 to 25.

The number of senators who disappeared that day was 27. Even with these 27 people, it was still impossible to overturn the Federal Reserve Act.

There are also claims that the Federal Reserve Act was drafted in secret meetings between Wall Street bankers and several senators.

The main source of this statement is Edward Griffin's work "The Creature from Jekyll Island", which was also a best-seller in 1994.

Edward Griffin is a famous conspiracy theorist. He believes that cancer, AIDS, etc. are all conspiracies created to panic people and weaken the concept of the middle class.

Most of the information surrounding the Federal Reserve in the market is just rumors, and their authenticity is questionable.

But a few things are certain, among which the Federal Reserve is a private central bank consisting of twelve regional reserve banks, backed by more than seventy member banks.

The Federal Reserve has always refused to disclose the composition of its shareholders.

Under the Freedom of Information Act passed by America at the end of 2018, the Federal Reserve's regional reserve banks were required to disclose their underlying equity holdings.

According to the disclosures at the end of 2018, among the twelve regional reserve banks, the Federal Reserve Bank of New York is backed by Citigroup and JPMorgan Chase, the top two banks respectively.

The two banks own nearly three-quarters of the entire Federal Reserve Bank of New York.

The importance of New York to the entire America is unquestionable, and the Federal Reserve Bank of New York is the most important of the twelve regional reserve banks of the Federal Reserve.

What is very interesting is that during the Great Depression of 1907, it was JP Morgan that injected funds and provided credit to the trust institutions and national banks at the time, and finally successfully resisted the financial crisis of 1907.

The financial crisis of 1907 directly led to the establishment of the Federal Reserve in 1913.

There is no conspiracy theory behind the Federal Reserve, and no actual controller. They are all playing open games.

The repeated interest rate hikes and cuts, nominally intended to maintain low inflation, have actually further exacerbated inflation, creating a monetary policy that appears to make the market boom but regularly causes bubbles to burst.

This completely goes against the original intention of the establishment of the Federal Reserve: to maintain the stability of the financial system and curb systemic risks in the financial markets.

The real big shot behind American Ken only needs to patiently wait for every ebb and flow brought by the Federal Reserve, and be ready to sell high and buy low in this cycle that lasts for more than ten years.

They don't have to interfere with the operations of the Federal Reserve at all, and they can seize wealth that is unimaginable to the outside world from all over the world to America.

They just need to know the policy in advance and guide it indirectly.

The Federal Reserve has been in power for a hundred years and they are already familiar with this game.

For them, America is not important; what is important is that America can protect their interests.

However, this time the ebb tide encountered Zheng Li, and the new Internet wave brought by Zheng Li delayed the depression that should have happened earlier by ten years.

Just as VR technology is also in a certain predicament, the benefits of brain-computer connection VR have been reaped for ten years and are almost exhausted.

In addition to VR, there was another thing that hit them hard back then, which was the currency bridge system that Zheng Li provided to China. This system allowed countries other than America to exchange their currencies.

This has seriously affected the Fed's role worldwide, just like a river being diverted by someone else.

This also had an impact on their plans.

As a result, after finally sorting out all of this, the next round of global depression cycle is about to begin, and people take the opportunity to use the excess currency in their hands to reap high-quality assets at low prices.

Zheng Li took out the virtual reality again.

The meaning behind virtual reality is a fatal blow to them. The original high-quality assets are no longer high-quality. What assets are high-quality assets? There is no security at all.

Over the past two hundred years, houses in core areas have been the best assets, such as Ginza in Tokyo, Central Park in New York, and the area around Buckingham Palace in London.

No matter how real estate prices fluctuate or how sharply they fall, they will eventually rise back up.

Virtual reality will significantly reduce the value of these properties.

More importantly, virtual reality will completely change the ecosystem, so what happens next?

If Zheng Li is really Merlin, what kind of changes will the subsequent new technology bring? No one can tell.

Even if there are more top talents to analyze for them, they cannot judge the thoughts of other civilized intelligent life.

"Let's prepare for both scenarios. Let's have someone go talk to Zheng Li. It doesn't matter who goes. Aren't those people in Silicon Valley very anxious? Let's see what the results of their talks are.

In addition, we need to show our sincerity and wait until they finish talking before sending someone to talk.

Our core goal is the life extension potion, preferably the method of using it, and secondly, obtaining the potion that can extend the longest life span.

Money is not important to us, time is important."

Morgan's grandson, the oldest of the group, concluded.

Zheng Li doesn't know much about this, and even if he did, he wouldn't care.

A group of people who are about to become dry bones in the grave, with no other thoughts except money, power and time.

Zheng Li was not interested in them at all, and even almost forgot that he had dealt a heavy blow to some of these people in the past.

Compared with Zheng Li, Li Miaomiao is much busier. She has been working almost non-stop during this period and has no time to stay at home.

Especially after the specific methods of the virtual world were spread, almost all kinds of relationships that she could not refuse came to her.

A group of executives have experienced it and found that it is impossible to keep secrets in the virtual world.

Even if they tell others, those who know are skeptical.

What if? It doesn’t have to be the effect they say it is, even if it’s one tenth of what they say it is.

Fortunately, the Chinese authorities were able to help her avoid unnecessary trouble.

Li Miaomiao still needs to handle normal business operations herself.

The most active ones are Tencent and Dami. They have cooperated in VR before, and they want to replicate the same cooperation in the virtual world.

Pony and Lei Jun came to the door almost at the same time.

“We have had a good cooperative relationship with Sinovation Biotech for many years, and our cooperation on FutureOS is also very pleasant.

Tencent has very rich experience in software, and Kechuang Bio's achievements in cutting-edge technologies are obvious to all.

We can complement each other very well.”

As one of the top bosses in the Internet world for so many years, Pony Ma hasn't known what panic feels like for a long time.

After the 3Q war, Pony Horse has become fearless.

That fight with 360 should be the last step for Tencent to move towards substantial monopoly.

The real opponent Tencent had to face back then was not 360, but the public opinion behind 360 and the regulatory authorities that wanted to split Tencent.

The reason why Tencent passed this hurdle that year was also because they also received the support of the head of the regulatory department.

After the 3Q war ended, the other party met with Pony Ma in public and said: Internet software companies represented by Tencent have achieved remarkable development results in recent years.

But this time Pony was really panicked.

First of all, the capital market is voting with its feet by abandoning Tencent's stocks, and a large number of institutions are reducing their holdings.

Including Tencent's long-time supporter, the famous investment giant Duan Yongping, Duan Yongping said bluntly on Xueqiu:

“I don’t know exactly what form the virtual reality of Kechuang Bio will take, but it will definitely have a huge impact on the current Internet situation.

Previous brain-computer connection VR has already given rise to a large number of excellent VR software companies in the industry. At the same time, many Internet companies that were originally developing vigorously have fallen behind in this wave.

I think virtual reality will have a greater impact than VR, and there is a possibility that the giants will be overthrown.

There is currently no news at the market level that Tencent or Dami can maintain a cooperative relationship with Ke Chuang Bio in the field of virtual reality.

Therefore, whether it is Tencent or Apple, their certainty is declining.

Before, I said that Tencent was not for sale under the circumstances at that time. Under the current circumstances, no company's stock is not for sale except for Kechuang Biotechnology.

I am cautiously optimistic about the future of Tencent.

The problem for Tencent now is how much proportion of profits they should give up to Kechuang Biotechnology in order to continue to maintain a franchise in Kechuang Biotechnology's virtual world system.

And the more fatal question is whether Ke Chuang Bio will accept Tencent into their new system?
This is the biggest uncertainty facing Tencent right now.

Let's wait for the news. I'll go talk to Pony first."

This is a post made by his account "The Avenue is Invisible, I Am Visible" on Snowball. He has always claimed that Tencent is not for sale, and continued to increase his holdings as the market value of Tencent fell by more than 50%.

This time even Tencent’s die-hard fans have publicly expressed their pessimism. Compared with their previous attitude, their cautious optimism shows that they are not optimistic.

For Pony, it is not just the fluctuations of market investors that are causing the collapse of the VR system built by Tencent.

As the first company to launch a VR city, Tencent has undoubtedly reaped the first wave of dividends.

The subsequent launch of VR cities has caused the virtual asset value system of Huanyu Pengcheng to oscillate back and forth in a relatively obvious range of fluctuations.

The biggest threat to Tencent is the virtual world created by Microsoft based on "Minecraft".

Everyone can randomly build their own virtual space in VR, and then enter Microsoft's virtual city through the virtual space.

After the launch of this product, it dealt a huge blow to Tencent's Global Pengcheng.

But later, because its degree of freedom was too high, the product was removed from the shelves in China.

After that, the virtual asset system of Huanyu Pengcheng gradually stabilized.

People are gradually beginning to recognize Tencent's pricing of virtual assets.

However, after the preview of Ke Chuang Bio's virtual reality product was released, the virtual assets in Huanyu Pengcheng plummeted by half.

Now it’s just that the price of virtual assets has been cut in half. What they will face in the future is the risk of the entire ecosystem built by Tencent around VR being wiped out.

Even the social ecosystem they have built around the mobile Internet will be destroyed.

This made the battle-hardened Pony horse feel lost and panicked.

Li Miaomiao replied in an official manner: "Boss Ma, we are still discussing internally how to find external partners.

To be honest, I have only had the virtual reality device for a short time, so I am still unclear about some of the technical details.

Once I have all this sorted out, we can talk about cooperation.

Tencent has been our strategic partner for many years, and we hope to maintain a good cooperative relationship with Tencent in the new era."

Li Miaomiao hates Tencent in her heart, but on the surface she still has to show that they have been cooperating for so many years and they will consider you first when cooperating.

This is the adult world.

But Li Miaomiao knew that in the era of the virtual world, it would be impossible for Tencent to maintain its previous status.

Because Tencent’s position in instant messaging will be completely destroyed.

There is no need for WeChat or QQ in the virtual reality world, they will have a built-in communication application.

To put it in a positive light, Tencent's future status will be similar to that of NetEase before, relying on games and some software services to maintain its market value.

To put it in a worst-case scenario, it may end up being similar to Sohu, gradually losing its voice in the Internet industry.

Pony nodded, "I see, this is something new after all.

It is normal to need time to fully study and understand.

We at Tencent are willing to cooperate with Ke Chuang Bio in any aspect.

Once your company has a clearer conclusion about the entire virtual reality equipment, the way to create content, and the form of the virtual world, we can start in-depth cooperation. "

We had just sent Pony away when Lei Jun came right after.

The decline of Rice is better than that of Tencent. After all, as a hardware manufacturer, the demand for mobile phones is still there. Even if virtual reality comes, mobile phones can still be sold for many years.

It takes time for humans to adapt.

Just like smartphones have been around for so many years, feature phones have also been lingering on for many years and are gradually dying out.

(End of this chapter)