NEW: Bitcoin to Thrive in Trade Wars and Deglobalization, Says Arthur Hayes

Arthur Hayes: Bitcoin Poised to Benefit From Trade War Fallout

In a new interview with Felix Jauvin on the Forward Guidance YouTube channel, Hayes argued that governments worldwide will have no choice but to print massive amounts of money to cushion the effects of rising trade barriers. Historically, such liquidity surges have triggered powerful Bitcoin rallies. “Every major economy needs to print money to counteract the damage from declining globalization,” Hayes explained. “At the end of the day, they’re …

NEW: Bitcoin to Thrive in Trade Wars and Deglobalization, Says Arthur Hayes

BitMEX founder Arthur Hayes believes Bitcoin could see major gains as the US and China move further apart economically. Speaking on the Forward Guidance YouTube channel Hayes explained that governments around the world will likely need to print more money to soften the impact of the trade war. This money printing historically has triggered massive Bitcoin rallies. Hayes pointed out that if the US tries to close its current account deficit foreig…