Not far from the White House, there is a very Roman-style white house. Although he is a white house like the White House, people's attention to him is far less than that of the White House. But in fact, this place is equally important, and to some extent, the news here must pay more attention to Wall Street elites, because this is the famous Federal Reserve Committee.

As the world's largest economy, any news that can make the world economy shake.

At this moment, when Director Chen and Director Chen were finally convinced by Zhou Ming, the Federal Reserve Committee was holding a board meeting.

In the committee's conference room, the current chairman Green is giving a report to 24 main committee members. In the report, he introduced the current economic situation in the United States in detail and analyzed the economic strategy that the Federal Reserve will implement in the future.

Similarly, as the financial tsar mentioned by the media, Green understands where the economic problems in the United States are now: "It is obvious that we have obviously underestimated the potential of Internet technology stocks. It is impossible to burst this bubble with just one interest rate hike, so what we need is more interest rate hikes!"

Green's bold words surprised other directors. It was not that the Federal Reserve had taken continuous interest rate hikes in order to hold up the overheated economy, but that was all about dealing with a large-scale speculation. Now it is just a small Internet bubble. Is it worth doing this? And more importantly, what are the consequences of doing this.

"But Mr. Green, you have to know that the components of Internet stocks are complex and many funds don't have time to withdraw. If you rashly raise interest rates, it will easily cause market turmoil and then affect capital flow."

One director directly told Green the consequences, and the other directors nodded in agreement with him.

As the United States where everything can be capitalized, the Federal Reserve is of course privately owned, mainly controlled by major chaebols such as Citigroup, Morgan, Rockefeller, Rothschild and Mellon. The only people who can become the main members who can sit here now are naturally the only people from these wealthy families.

That's right, in this office they don't need any disguise at all, just say anything.

Therefore, when Green said that he would raise interest rates continuously to break the Internet bubble as soon as possible, the committee members told him bluntly that the funds of major wealthy families have not yet had time to withdraw from the stock market, so he could not do so.

But Green has been in charge of the Federal Reserve for more than ten years. Of course, he would have been prepared if he had known the way these committee members had done.

"That's why I said we all underestimated the potential of Internet technology stocks!"

Green first set the tone: "From the market reaction after the first interest rate hike, it is obvious that it has not caused much impact on the Internet stock market. On the contrary, it has caused hot money in the market to pour into the Internet pool."

Green finally said: "So we can raise interest rates with confidence and boldness, and continue to push up the Internet's stock price, and can also cash out at a high level calmly, without any conflict."

Green's words caused a burst of exclamation at the scene, because as serious economists, they all felt that Green's words were contradictory, but the one who said this was Green, the financial czar.

So the 24 committee members finally made a decision: support Green's decision to raise interest rates!

The wheel of history rolls forward, and everything develops as Zhou Ming remembers.

When the Fed's high-level meeting decides

When setting more interest rates, Zhou Ming and Huang Rong and others started a new round of longing for Internet high-tech stocks.

Although time is not up to date, Zhou Ming knows that from the moment when the Federal Reserve starts to launch interest rate hikes in an attempt to calm the overheated economy, the Nasdaq Index, led by Internet technology stocks, has begun to enter a completely unreasonable and crazy growth period.

In less than half a year, the Nasdaq index soared by more than 1.5 times. At the craziest time, it can rise by 20% in a day. This is something that later generations dare not imagine. You should know that this is a market index covering all new technology industries. In other words, whether you go long or short, you have to deal with hundreds of companies at the same time.

It is precisely for this reason that Nasdaq dares to claim that it is the "barometer of the industrial market", but this barometer is now experiencing a huge bubble.

In fact, it is not difficult to understand the reason. In the final analysis, it is the impact of the Federal Reserve's interest rate hike.

Due to the Fed's interest rate hike, market capital either chooses to give up investment or chooses to find an industry that can increase value quickly and make profits quickly. Obviously, capital will not give up speculation, so it is inevitable that the latter will be chosen.

And this era is the only Internet technology stocks that can bring such results, so these capitals have poured in, directly pushing the market value of the entire industry to a jaw-dropping level.

"So what we have to do now is to make a fucking money from Americans in this huge bubble!"

In the office in Phu Quoc Plaza, Zhou Ming waved his arms and excitedly announced his plans to Huang Rong and the others.

If Fed Chairman Green was here at this time, he would definitely be shocked by Zhou Ming's words, because Zhou Ming's predictions about the market were almost exactly the same as the research report he gave on the committee.

Huang Rong and the others became excited after being surprised, because if it was really like Zhou Ming predicted, then their investment in the United States would make a lot of money this time!

You should know that the country's finances are now in a shortage. If they can bring dozens or tens of billions of dollars in foreign exchange income to the country at once, it will be a great bonus to their future.

So they hurriedly asked Zhou Ming when the matter would start, but Zhou Ming told them not to worry.

"We can start investing in some Internet companies in an orderly manner, but if we want to really start going long, we must join several American giants, otherwise it will be difficult for us to maximize our interests alone." Zhou Ming said.

Huang Rong and Director Shen are worthy of being the national team for foreign investment, so they only know a lot of finance well, so they immediately realized what Zhou Ming was going to do: increase leverage.

Leveraged trading is a common way in the financial market. Simply put, it is to pay margin and borrow other people's funds or stock bonds to make money for yourself. Just like Zhou Ming's previous shorting of Minnesota wheat, he "borrows" a batch of futures contracts from other brokers or banks through margin to sell. When the wheat price falls in the future, Zhou Ming will buy these contracts from the market and return them to brokers and banks. This is the simplest and intuitive leveraged transaction.

The advantage of doing this is that you can use the least amount of money to leverage the most money. After all, if you really buy so many contracts, you will have to spend billions of dollars, but now it only takes a few hundred.

Tens of millions are enough.

The benefits of leverage are very large, and the relative risks will increase exponentially, because if you really buy so many contracts in your hand, no matter how the market falls, you still have the opportunity to cut off your losses. However, the situation of leverage is different. Since you don’t actually have any contracts in your hand, once the market changes beyond your expectations, the brokerage and the bank will directly terminate the contract unless you can pay more margin.

Simply put, if the market falls, your funds will only decline in proportion.

On the contrary, if leverage is added, once the market falls, all your money will be gone.

It is precisely the high-risk nature of leveraged trading that makes Zhou Ming have to ensure 100% stability. After all, the unreasonable crazy rise of Nasdaq is a crazy rise, but that is also a long-term process. No matter how powerful a bull market is, it does not guarantee that when it is going to rise at all times every trading day, just like my aunt. Whether you want it or not, he will always have a few days.

At this time, the role of giants like Morgan and Rockefeller was reflected, because as local snakes in the American financial field, they have more information channels and connections, and they can grasp more information from the market, so as to minimize the possibility of accidents.

Huang Rong and the others looked at each other several times. Huang Rong first asked Zhou Ming if he was familiar with the wealthy families in the United States and could cooperate frequently. Should he contact them as soon as possible to start cooperation?

Zhou Ming thought about it and said that he did have certain cooperation with wealthy families like Morgan and Rockefeller. Everyone is familiar with him, but the capital market does not talk about friendship, especially when he is in a position of being excluded, once he speaks first, he will be at a disadvantage.

At that time, it will be a situation where people kneel down and beg for food, "70% of them belong to others, but 30% will depend on their faces." If they are not done well, they will even be cheated.

Therefore, the ideal state is that these wealthy families come to discuss cooperation.

"Mr. Zhou Ming, I admit that your idea is very good, but I think we should be more practical."

Director Shen thought about it and put forward a more compromised suggestion: "I think we can invest first, go long and wait for American wealthy families to come to the door. This is OK."

Zhou Ming smiled, and Director Shen's attitude of saying this, it was obvious that this guy just distrusts himself and completely distrusts the wealthy American families who have mastered channels and connections would come to him. If he hadn't built a little prestige based on the previous things, he would have said "Dreams in the daytime" on the spot, and maybe he would have taught himself not to be so arrogant.

As for the plan he mentioned, it sounds like a "triple-of-profile", but in fact it is the fact that he invests first. In his opinion, the so-called American wealthy families come to him just a guise of fig leaf.

Zhou Ming didn't explain this, just told them: "Believe me, I'll come."

???

What about making trouble? Where do you get the confidence?

Huang Rong and Director Shen Dong Chen widened their eyes, all of whom were unable to understand.

But the facts quickly gave the answer. Just when Zhou Ming finished speaking, the office door was quickly knocked open by Tang Jingsheng. He hurried in and told Zhou Ming: "Piero and Freeman Tisman and other powerful representatives have arrived in San Francisco. They all hope to talk to Zhou Ming, you."
Chapter completed!