Fed Control Crumbling — Is it time to rewrite the old Excel file of global markets?| Market Commentary for April 22, 2025

In 1971, the gold standard ended, and the Federal Reserve gained true control over money creation.For the next 50 years, the global economy has been sustained by this life-support system called the Fed.But now, that control is starting to break down.It’s like an old, overly complicated Excel file—no one fully understands how it works, but everyone keeps using it because they’re afraid to rebuild it.The limit of this system may be near.___I am Japanese. English Version.