Arthur Hayes: The Fed Losing Control, Set to Print Money and It’s Effect on Bitcoin!

  • Former BitMEX CEO Arthur Hayes shares his views on the current state of Bitcoin and the Federal Reserve’s monetary policy.
  • Hayes believes the Federal Reserve has lost control of the bond market and is nearing the end of its money-printing capabilities.
  • He predicts that the U.S. bond market will collapse and the Federal Reserve will have to intervene.

Arthur Hayes, the ex-CEO of BitMEX, shares his insights on Bitcoin’s future and the Federal Reserve’s monetary policy in his latest blog post. He suggests that the Federal Reserve has lost its grip on the bond market and is nearing the end of its money-printing era. Hayes also foresees a collapse in the U.S. bond market, which will necessitate Federal Reserve intervention.

Arthur Hayes: “The Fed has messed up, they will print more money”

fed-bitcoin

Arthur Hayes, who recently took up kitesurfing, uses his new hobby as a metaphor to describe the Federal Reserve’s monetary policy. He criticizes the institution for using outdated tactics to combat inflation and predicts that their attempts will only lead to more issues. Hayes believes that the Federal Reserve is mistakenly trying to replicate the strategies used by former Fed chairman Paul Volker in the 1970s to curb inflation. He predicts that these outdated strategies will only lead to more problems, ultimately resulting in the need for more money printing.

Hayes’ Predictions on the U.S. Bond Market

Hayes also discusses the U.S. bond market, highlighting the stark contrast between the debt levels in the 1980s and today. He points out that in the 1980s, the U.S. debt to GDP ratio was only 30%, while today it has quadrupled to 118%. Hayes believes that this massive increase in debt will result in a different outcome than in the 1980s, leading to a potential collapse in the bond market. He also notes the recent increase in 10-year bond yields, which he believes is causing a drop in cryptocurrency prices.

Hayes’ Views on Bitcoin

arthurt-hayes-bitcoin

Despite the current market conditions, Hayes remains optimistic about Bitcoin. He does not believe that the price of Bitcoin will drop below $20,000. Hayes’ confidence in Bitcoin, despite the potential collapse of the U.S. bond market and the Federal Reserve’s monetary policy issues, shows his belief in the resilience and potential of the cryptocurrency.

Conclusion

In conclusion, Arthur Hayes, the former CEO of BitMEX, shares his views on the current state of Bitcoin and the Federal Reserve’s monetary policy in his latest blog post. He believes that the Federal Reserve has lost control of the bond market and is nearing the end of its money-printing capabilities. Furthermore, he predicts a collapse in the U.S. bond market, which will necessitate Federal Reserve intervention. Despite these potential economic issues, Hayes remains optimistic about the future of Bitcoin.

BREAKING NEWS

Solana’s Bitwise SOL Staking ETF (BSOL) Goes Live on Oct 28 with Direct SOL Staking and 100% Spot SOL

On October 28, Multicoin Capital managing partner Kyle Samani...

Solana (SOL) Bitwise SOL Staking ETF to List on Oct 28 as Kyle Samani Deletes Tweet — Reason Unclear

COINOTAG News reports that Multicoin Capital Managing Partner Kyle...

Huang Licheng Increases HYPE Long to 88,000 Coins and ETH Long to 2,450 ETH, Highlighting Major Unrealized Gains

COINOTAG News, citing HyperInsight data dated October 28, shows...

TRUMP-BACKED STABLECOIN USD1 PARTNERS WITH ENSO TO EXPAND DEFI PRESENCE ACROSS BLOCKCHAINS:

TRUMP-BACKED STABLECOIN USD1 PARTNERS WITH ENSO TO EXPAND DEFI...

Solana ETF Push Gains Steam as Bitwise Applies and Grayscale Solana Trust Prep Signals Launch This Week

Market observers see renewed crypto ETFs activity as Canary...
spot_imgspot_imgspot_img

Related Articles

spot_imgspot_imgspot_imgspot_img

Popular Categories

spot_imgspot_imgspot_img