My Fintech Empire

To ensure that banks, holders, and wealth funds are all satisfied with what they need, they only need to do one thing well, which is to keep the stock market stable and move out of the long-term bull market trend.

In this way, patient funds such as wealth funds do not face redemption pressure and play one of the most critical roles in stabilizing the stock market.

If you face huge redemption pressure, you will be forced to sell stocks to cash out. The market will be unable to withstand such a huge amount of selling pressure, which will cause the stock market to plummet and create a vicious cycle.

On the other hand, if there is no redemption pressure, the stock market will not have this terrifying selling pressure, and there will be no plunge.

They are all winners, so who are the losers? Who will take over?

In a long cycle of ten or even decades, the productivity development and value growth brought about by scientific and technological progress will be fulfilled, and this virtuous cycle can be completed.

But this is a theoretical ideal state. The objective reality is unlikely to be so ideal. Scientific and technological breakthroughs are not just a matter of breakthroughs, and the economy will also have its ups and downs.

When scientific and technological progress and productivity development enter a stagnant stage, inflation will be used to offset the destabilization and support during the downturn, as well as other means such as "counter-cyclical" adjustment, in order to hold it off until technology can resume again. Progress drives the value growth curve upward.

Such a repeated cycle can prevent the holder from redeeming it for a lifetime, or even passing it on to the next generation.

But at this moment, Tian Jiayi thought about the wealth fund and couldn't help but think thoughtfully: "The scale of the wealth fund is getting bigger and bigger. The total principal and floating profit of the first, second and third phases have exceeded 13.5 trillion. How long can this play be repeated? Can the people behind me catch it?"

In essence, this is actually a relay game. The person in front can be cool because the person behind needs to pay the bill, and the person behind allows the person behind to come in and pay the bill.

Of course, as long as the people in front don’t squander it all and leave some wealth to pass on to the next generation, the pressure of this relay game will be reduced a little. However, this also adds a few more cycles. Generally speaking, the more cycles there are, the more pressure will increase. big.

After hearing this, Fang Hong said calmly: "This method of playing, as long as it can achieve technological development and technological progress as a whole, and continue to bring about increments, theoretically speaking, it can continue in a cycle without worrying about thunder."

Having said this, Fang Hong paused and then added: "But everything has a life cycle, and this gameplay cannot continue in a sustainable cycle. Of course I understand this."

Fang Hong turned his head and glanced at Tian Jiayi, and added with a smile: "But this method of play is enough to support a virtuous cycle for the next two hundred years. In other words, in the next two hundred years, this method of play does not have to worry about thunder."

"Two hundred years? Can it really last for such a long period of time?" Tian Jiayi couldn't help but be surprised. This greatly exceeded her expectations. She thought it would be good for this gameplay to last for 30 years at most.

At this time, Fang Hong thought for a moment and said calmly: "As long as we put an end to Lao Mei's world hegemony, so that the Squid Group can no longer suck blood and harvest the world. Once the hegemony is eliminated, our Chinese nation will return to the top of the world. , will definitely revitalize the dividends along the entire road and ensure that the future is safe for a hundred years.”

Fang Hong then continued: "With the accumulation of technology in the past hundred years, regardless of whether there is a breakthrough in controllable nuclear fusion technology, within a hundred years our country will definitely lead human civilization to truly break out of the earth and expand human existence to the entire solar system. boundaries, thereby opening up greater space for growth and ensuring security for the next 100 years.”

After a moment, Fang Hong continued: "It doesn't require much expansion. First, we can fully understand the Earth-Moon system to ensure the growth of the second century. A Tianhe City with lunar development and the Earth-Moon Lagrange Point." 'It is already an incalculable incremental space. Let alone the current population of 1.4 billion, there is no pressure even if it is 2 billion."

Obviously, the greater the increase in open source expansion, the longer the cycle of this gameplay will be.

With the currently mastered technology, as long as the space photovoltaic power station is completed, the cost of energy use will drop by an unprecedented amount, and the scale of energy that can be collected and utilized will also soar by an unprecedented amount, which can support the expansion of the boundaries of human civilization to the entire Earth-Moon system.

Tian Jiayi suddenly asked without thinking: "What about two hundred years from now?"

When Fang Hong heard this, he immediately smiled and replied: "You have paved the way for future generations for two hundred years, and you are not satisfied? Two hundred years later is not something that our generation should consider, and it is not something we can control. We can only It’s about trusting the wisdom of future generations.”

Based on the current world situation and the level of technology we have mastered, it is already quite remarkable to be able to ensure that this set of gameplay can run a two-hundred-year cycle.

As for whether the cycle can continue after two hundred years, or whether it will be replaced by new things, it is no longer something that Fang Hong's generation needs to consider, that is a matter for future generations.

If according to Kardashov's three-level classification of civilization, with the space light energy power station, human civilization can expand to the extent that it flourishes in the entire earth-moon system, and it will truly enter the first-level civilization, that is, planetary civilization.

At present, according to this civilization classification standard, the level of human civilization is not yet the lowest first-level civilization, only about 0.7 level.

But in a hundred years, how can we reach the threshold of first-level civilization? As long as the space photovoltaic power station can be successfully launched, the scale of energy obtained by mankind will increase dramatically by three to four orders of magnitude, which is an increase of hundreds to thousands of times. , will inevitably enter a first-level civilization.

It can be seen that the space solar power station is the key for human civilization to enter the first-level planetary civilization. It is the only key that is currently confirmed to be feasible and achievable. It is something that can be made under the conditions of human beings mastering the existing technical level.

Of course, at present, only the Eastern powerhouse in the world can realize this super space project. No one can do it except the Eastern powerhouse. It is far from enough to be technically feasible. It also requires super strong positive policy stability and continuity.

The whole Western powerhouse cannot do it. Just this bunch of guys, today's boss just created a new folder, and tomorrow's new boss directly abolished it and said that it would not be done. This kind of super project that takes decades of time can't be completed by those guys even if the earth explodes.

The reason why the space solar power station is the key for human beings to enter the first-level planetary civilization is that once it is built and operated, the solar radiation energy received in a year is approximately equal to the total energy contained in the current known recoverable oil reserves on the earth.

The current global proven oil reserves are about 1.17 trillion barrels. This year, due to the impact of the black swan, oil consumption has dropped sharply. It is a special time node. It is more reasonable to look at the data from 2019. Last year, the global oil consumption averaged about 100 million barrels per day, which is 36.5 billion barrels a year. In other words, the proven oil reserves calculated based on this consumption can be used by the world for about 32 years.

After the space solar power station is fully operational, the solar radiation energy received in one year can meet the oil consumption of all mankind for 32 years.

If the energy consumption of all mankind does not increase, this space solar power station can achieve permanent inexhaustible energy. Even if the energy consumption increases 32 times on the existing basis, the sun will not explode, and it will still be inexhaustible.

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