Gold bars the size of an iPhone have now risen to $300,000. Behind this number reflects a harsh reality—the future world will only be divided into two types of people: those who already own gold, and those who will never be able to afford gold.

Global debt levels have hit a new high in human history, and debt monetization has become an inevitable trend. Looking back over 5,000 years of history, gold has always been the ultimate weapon against currency devaluation. Once it enters the central bank vaults, gold can no longer flow out, and the circulating supply on the market will only decrease. The total global gold reserves are only enough to fill a 22-meter cube, yet central banks around the world are accelerating their purchases. According to current savings levels, 99% of ordinary Americans can no longer afford a gold bar like this.

The threshold for core assets is rising geometrically. 25 years ago, the middle class could still grit their teeth and buy a house in the core areas of first-tier cities like Beijing, Shanghai, Guangzhou, and Shenzhen; 40 years ago, middle-class Americans still had a chance to buy property in Manhattan. But today? No matter how much housing prices fall, ordinary middle-class people, even if they work themselves to death, can only watch from afar.

The story of Bitcoin is equally heartbreaking. Ten years ago, ordinary people could easily buy ten Bitcoins; now, it takes quite a bit of effort to get even one.

Against the backdrop of technological revolution and globalization, global wealth is growing geometrically, but distribution is extremely uneven, leading to an exponential widening of the wealth gap. Core assets are increasingly out of reach for ordinary people. If you have it, you have it; if you don’t, you may never have it.

Looking at human history, every financial crisis stems from severe resource misallocation, and every social upheaval is rooted in imbalance in distribution. The future will inevitably bring a wave of wealth redistribution, which may occur in 15 years or 50 years.