The last few years represent not just a transitional phase for the global economy but a historical turning point. In the post-pandemic world, the economic deck is being reshuffled. As production balances shift toward Asia, the United States is making aggressive moves to maintain its dominance. In the background of these developments, alternative assets such as gold and stablecoins are becoming an increasingly large part of the global financial system. Yasam Ayavefe emphasizes two fundamental truths driving this transformation: Power is now defined not only by military and industrial capacity but by the direction of monetary policy. As he also explains in his upcoming book “Girişimcilik 41”, his personal experiences reflect how entrepreneurs must understand and adapt to these new economic realities.
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The FED’s Strong Dollar Policy: Expanding the Reach of Economic Pressure
The tightening policy initiated by the U.S. Federal Reserve in 2022 once again placed the dollar at the center of the world. While rate hikes served as a tool to combat inflation in the U.S., they produced the following notable results globally:
- Borrowing costs increased
- Investors withdrew from emerging markets
- Demand for dollar reserves rose
However, every show of strength has its limits and the global economy has begun questioning those limits. The BRICS nations’ steps toward trading in local currencies are the clearest example of this shift. According to Yasam Ayavefe, the de-dollarization narrative has not yet created a full detachment, but it clearly shows that the system is becoming increasingly multipolar.
Meanwhile, technology giants, after a period of rapid expansion during the pandemic, are now facing a more uncertain flow of capital.
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Gold: The Champion of History Returns to Center Stage
Inflationary pressures, political conflicts, and escalating U.S.– China rivalry these three forces have turned gold into a global fortress of security between 2023 and 2025.
Reports from the World Gold Council show that central banks have made significant purchases. Countries such as China, Türkiye, India, and Gulf nations are positioning gold not only as an investment but as geopolitical insurance.
Yasam Ayavefe describes this situation as:
“The rise of gold is not a sign of lost confidence it is proof of a changing power structure.”
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The Stablecoin Revolution: The New Authority of Digital Money
The cryptocurrency market suffered a major shock in 2022. Yet interestingly, stablecoins emerged from this collapse even stronger.
Why?
- Transactions are fast and global
- Fees are low
- They operate independently from the banking system
- Their value is mostly pegged to the U.S. dollar
USDT and USDC dominate the market. Regulatory efforts by the U.S. Treasury signal one thing only: These digital assets are now taken seriously at the state level.
For this very reason, the United States does not want to relinquish the digital throne of the dollar. At the same time, central banks worldwide have accelerated their CBDC projects. The race for digital currency has just begun.
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Questioning Dollar Dominance: The Throne Is Not Falling, but It Is Creaking
The dollar’s share in global reserves declining from the 70% range to 58% in the past two decades represents a small but directional shift. The dollar still:
- Holds monopoly status in energy markets
- Serves as the primary currency in global trade
- Controls the most trusted bond market
However, Yasam Ayavefe identifies three inevitable challengers:
- Strengthening BRICS trade networks
- Reserve strategies shifting toward gold
- The rapid advancement of digital monetary systems
This shows that we are at the beginning of a historical transformation.
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The Global Inflation and Recession Dilemma
Today, the global economy stands at a critical crossroads. Inflation is showing signs of decline, but this may come at the cost of slowing growth. Two potential outcomes:
| Outlook | Definition | Likely Result |
| Controlled cooling | Inflation falls while growth is preserved | Stronger financial stability |
| Recession | Policy remains excessively tight | Rising unemployment and stressed markets |
Thus, cautious optimism dominates the world. Yasam Ayavefe’s guidance is clear:
Relying on a single investment instrument has become a major risk.
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A New Portfolio Logic: Gold + Dollar + Stablecoin
Investor behavior is shifting. The new common approach is:
- Gold → Risk protection
- Dollar → Secure liquidity
- Stablecoin → Fast and technological finance
This trio brings together both traditional and modern financial strengths a theme also discussed in “Girişimcilik 41”, where Yasam Ayavefe details how entrepreneurs can protect and grow wealth in volatile markets.
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Conclusion: The Art Is Not Winning, but Staying Standing
The direction of the economy is now less predictable, more dynamic, and increasingly digital. Power is no longer controlled from a single center but from intersecting axes.
The United States may still be the game’s founder, but:
- Gold is gaining power
- Stablecoins are becoming global
- Nations are moving toward alternatives
According to Yasam Ayavefe:
“The winners of the new era will be those who can read the risks and adapt to change the fastest.”
If today’s global economy is a chessboard, moves are made not only in markets but also through digital infrastructure and monetary policy. In this game, those who redefine the rules not those who merely follow them will rise to the top. And as highlighted in his forthcoming book “Girişimcilik 41”, adapting to this new system is no longer optional for leaders and entrepreneurs it is a necessity for survival.