Talk about the current dilemma facing the United States.


In the past, the U.S. relied on the tide of the dollar, taking turns to harvest globally.
Now the situation has reversed, with many countries beginning to counterbalance the U.S., pushing the Federal Reserve to release dollar liquidity to back their own currencies.
Countries hold U.S. debt and other dollar assets as chips; if liquidity is not provided, they will sell off en masse, accelerating de-dollarization and directly threatening U.S. dollar dominance.
The U.S. is caught between a rock and a hard place:
Refusing to accept the situation will cause immediate turmoil in the short-term financial markets;
Compromising and easing policies will make Americans suffer greatly. Inflation will become very severe.
In the short term, the dollar appears strong externally but weak internally, depreciating domestically; in the long run, U.S. hegemony is bound to weaken and collapse.
Countries are indirectly shifting risks onto the U.S., with all costs ultimately borne solely by America.
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