To be honest, there's really no point in still watching the data with a 2% inflation target.

Why? Because the big cycle has changed. The old economic model propped up by global supply chains and cheap labor has long stopped working. Now we're facing structural inflation brought on by industrial restructuring—do you really expect the central bank to just tweak interest rates and push inflation back down? Wishful thinking. The water level has risen, and it won't recede on its own—it's like turning your faucet on full blast; what's the point of just staring at the water meter?

Interest rates can influence short-term liquidity, but they can't determine the long-term direction of inflation. It makes sense that the old economy's standards don't fit the new economy; the data just doesn't match up. The playbook we've used for the past fifty years is gone for good, and the monetary system is bound to go through a major reset in the future.

That's also why more and more people are starting to pay attention to assets like BTC and ETH. When traditional monetary policy fails, decentralized value storage and settlement networks could be the real hedging tools for this round of monetary structure transformation.