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Listen to this perspective: the US has actually switched to a "S&P Standard" mode.
In simple terms, it's a modern version of the hierarchy—asset prices are the domain of the aristocrats (the protected class), while labor and the real economy have become buffers (the common people). The logic of this system is quite stark: financial assets like stocks, real estate, and crypto are seen as objects that need protection and support, while workers and small businesses must bear the impact of economic fluctuations.
In other words, policy bias and capital flows have already formed a clear dual structure. On one side is the continuous expansion of financial assets, and on the other side is sluggish growth in actual income. For investors active in Web3 and the crypto markets, understanding this broader context is crucial—because the "privileged status" of asset prices directly affects market liquidity and risk appetite.