#我在Gate广场过新年 Throughout history, there has been a very interesting pattern: whenever a large system feels that it doesn't have enough money, the first thing they tend to manipulate is the quality of the coin. In the late Roman Empire, mints kept adding lead to silver coins. Although the face value of the money in ordinary people's hands didn't change, its real purchasing power melted away like ice and snow. Why did they do this? Because they discovered a top-level lending technique: borrowing from the future, using the labor of the next few decades to exchange for a fixed parameter in the present. You might think you own assets, but in reality, you've just signed a long-term extraction agreement, locking your most valuable youth into this game of chance. You lose all flexibility. Open your eyes and see clearly whether those things being aggressively marketed—requiring you to overextend your life savings to exchange—are assets or lead coins. In such cycles, the dignity of cash flow far exceeds the illusion of book value. So, try to avoid long-term, high-pressure lock-ins, maintain the liquidity of your assets, and ensure that when you sense something is wrong, you can immediately exchange what you have for rations you can take away, rather than a pile of immovable bricks.

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