#数字资产市场动态 The central bank's "repurchase operations" may seem complicated, but essentially they are emergency blood transfusions for the financial system. Institutions use high-quality assets as collateral to exchange for cash, and upon maturity, they pay back with a little interest—sounds like Wall Street tactics, but in reality, it touches everyone's wallet.

When liquidity loosens, the stock and bond markets are immediately supported, and the capital chain won't suddenly break. But this short-term stimulation is like an adrenaline shot; once the effects wear off, problems arise: hidden inflation is accumulating, and the money in your pocket is silently depreciating.

You don't need to understand every step the central bank takes. The key is to grasp this logical chain—whenever the authorities loosen monetary policy, it ultimately permeates into prices, rent, and investment returns. In the tug-of-war between the central bank and the market, instead of chasing hot topics, it's better to refine your asset allocation. In an inflationary era, true defense is choosing the right investments.