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#美联储货币政策影响 Looking back, I can't help but feel a surge of emotions. The Federal Reserve's changes in monetary policy always tug at the nerves of the entire financial market. Recently, remarks by Fed Governor Milan calling for sharp rate cuts reminded me of the years following the 2008 financial crisis.
Back then, to combat the economic recession, the Fed adopted an ultra-low interest rate policy. We witnessed the birth and rise of Bitcoin, as if a new era had begun. Yet, history always repeats itself. Now, Milan is making similar suggestions, claiming that the current economic situation calls for significant rate cuts.
From past experience, adjustments in monetary policy often trigger a series of chain reactions. A low interest rate environment can stimulate investment, but it can also bring the risk of asset bubbles. Thinking back to the ICO boom of 2017, wasn't it a wild growth nurtured by loose monetary policy?
However, as some analysts have pointed out, Milan's remarks may not have a substantial impact. The market has learned how to interpret these signals. This reminds me of projects that once enjoyed the spotlight—their ups and downs also taught us how to stay clearheaded in a rapidly changing market.
If we do enter a new round of rate cuts, we may once again witness the prosperity of the cryptocurrency market. But this time, we should be more rational and learn from history. After all, in this industry, opportunity and risk always go hand in hand.