
In the past, each US dollar issued to the market had to have the handwritten signature of the Chairman or the Treasurer of the central bank.
Sounds funny.
But that was a serious constraint.
Not because of a lack of signatories.
But because there was a desire to limit the power to print money at all costs.
Then those layers of limits are removed.
The handwritten signature was replaced by government bonds.
Then, gold became the anchor for the dollar.
And then in 1971, President Nixon severed the last anchor.
Since then, the dollar has not been backed by anything tangible.
Only one thing remains:
Trust in America.
If looked at positively, it is a superpower:
The Fed can print money anytime the economy faces difficulty.
But if viewed from the opposite side,
this is a dangerous experiment on willpower.
When the Fed is given the power to print unlimited money,
the most important question is no longer "how much",
but rather:
"Where are the limits?"
Imagine the Fed as someone who just received an unlimited credit card.
Day one – bliss.
Day two – still fine.
After a year, or a decade?
That ease will turn into accumulated fear.
The Fed is standing at that point.
The US government is spending non-stop.
And the Fed, like a generous friend, is always ready to sign more checks.
On the surface, everything still looks fine:
– Securities fluctuate with QE rounds.
– The economy is still functioning.
– The dollar remains the global standard.
But deep down, something is cracking.
Trust.
The world accepts the dollar not because the US is rich or strong.
But because they believe the Fed will not cross the line.
But trust, once cracked,
will not be easy to mend.
The dollar is not strong because the Fed can print forever.
The dollar is strong because the world believes the Fed will know when to stop.
But what happens if the Fed does not stop?
The more painful question is:
If the Fed cannot stop itself…
Who will force them to stop?
We are living in a strange time:
The monetary limit is no longer gold or silver,
but... human will.
That is an opportunity.
And also a risk.
An unprecedented risk.
When the Fed knows how to restrain itself, the dollar is stable.
But when limits are removed,
the world may wake up to a financial nightmare –
that no one wants to experience.
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So what can we do?
First, do not be indifferent to the Fed.
You don’t need to panic every time they change interest rates.
But every time they continue to print money, stay vigilant.
Second, defend properly.
No one forbids you from holding dollars.
But don't place all your trust in one basket.
Keep more:
Gold. Real estate. A bit of crypto.
Diversification is not a strategy.
It is a survival instinct in an uncertain world.
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And finally, always remember:
A strong dollar is not just due to America.
But because of the boundaries that the Fed once dared to maintain.
One day, if that boundary disappears,
the world will stop accepting endless checks.
And by then,
you will wish you had prepared from today.
Not out of fear,
but because you woke up earlier than the rest.