ChainCatcher reports that BitMEX co-founder Arthur Hayes stated that global economic imbalance will be alleviated through money printing, which is favorable for the medium-term performance of Bitcoin and gold. He pointed out that the US dollar is weakening, foreign investors are selling US tech stocks and transferring funds back to their home countries, and suggested that China should address tariff pressure by relaxing domestic credit flow overseas and allowing the RMB exchange rate to fall below 8.00. He predicted that the Federal Reserve might soon cut interest rates and restart quantitative easing to address economic impacts, while also suggesting that the Bank of Japan expand QE through a weak yen policy, pushing the USD/JPY exchange rate above 160. He emphasized the importance of maintaining patience, flexibility, and liquidity.
Arthur Hayes: Global economic imbalances may be good for Bitcoin and gold, and the Federal Reserve may soon cut interest rates and restart quantitative easing
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