Look at the latest policy trends. The Federal Reserve's monthly money printing scale has reached $40 billion. This liquidity injection mechanism is essentially an ongoing balance sheet expansion. The question is, where is this money really flowing?

Let's first break down the capital chain. The earliest recipients of the new liquidity are always Wall Street institutions and offshore capital—they have channels and speed. By the time this money is transmitted layer by layer and reaches ordinary market participants, purchasing power has already been seriously diluted. Rising prices, stagnant wages, and devalued savings—these are the inevitable two sides of the same coin that follow.

Many people get excited at the words "money printing," thinking that cryptocurrencies will take off. But from another perspective, what is the essence of this operation? It is using the newly created currency to sustain an already fragile asset bubble. The system needs continuous blood transfusions to keep running. Once it stops, the entire structure will face revaluation pressure.

Investors should be clear that the best and worst times to enter are often just a matter of one thought. During the flood of liquidity, those who positioned early can indeed share a slice of the pie. But those who enter later are easily left holding the bag. Every dollar you have could be a chip in this wealth redistribution game—and most likely, not on the winning side.

Carefully observe the surrounding market signals, do your own risk assessment, and don't be fooled by the short-term liquidity illusion.