The day before yesterday, the US GDP data was released, showing a growth rate of 4.3%, while inflation rebounded to 2.8%. This set of data sparked lively discussions in social circles. Interestingly, these numbers seem to provide some kind of answer to the policy debates that have lasted throughout the past year.

Do you remember that intense policy debate? One side insisted on more aggressive measures to lower financing costs, even calling for interest rates to be pushed down to 1%; the other side maintained a stance of stability. But the actual data gave us the answer: if interest rates had been significantly lowered back then, given the current 2.8% inflation rebound rate, the purchasing power of ordinary people's assets would have long been eroded.

This makes me think of a somewhat harsh reality: our wealth and future are often controlled by the power struggles of a few decision-makers. Every interest rate adjustment, every policy shift, could rewrite the asset allocation of ordinary people. This sense of uncontrollability indeed makes people feel powerless.

It is this kind of reflection that has led me to reevaluate my own asset structure. If the mainstream financial system is filled with these uncertainties, then finding a fundamentally more stable and transparent form of assets becomes necessary. Stablecoins in the crypto space have given me a new idea: they do not rely on any single decision-making authority, are backed by over-collateralized assets, and aim to maintain value stability.

This is not a rejection of traditional finance, but a supplement— in an era of macro policy fluctuations, having a stable asset allocation that is relatively independent of such changes might be a more rational way to manage risk. Not being hostage to power struggles, allowing assets to truly preserve value according to one's own will—this kind of choice, I now understand more deeply.