Arthur Hayes, the founder of BitMEX, has suggested that the ongoing multipolar economic transformations worldwide could lead to an increase in the value of cryptocurrencies by expanding the money supply. According to Hayes, countries may resort to money printing in order to achieve their economic goals.
Hayes has proposed that the reshaping of the global economic order will cause major economies such as the U.S., Europe, and China to develop similar strategies. He has pointed out that these nations are planning to increase their money supply to support economic growth.
It is clear that the United States could print trillions of dollars to fulfill its ambition of becoming a manufacturing hub, as promised by the Trump administration. Statements from the President and financial officials regarding the weakening of the dollar and support for credit expansion have been emphasized.
Regarding regional policies and strategies, Hayes has mentioned that Europe and China also aim to increase their money supply, but each region will adopt different approaches suitable to their economic dynamics. Specifically, Europe’s strategies for restructuring energy sources and China’s efforts to revitalize the real estate market have been highlighted.
According to Hayes, these significant adjustments will enable cryptocurrencies to reach new heights with their free market characteristics, illustrating the scale of market changes.
Hayes has stated, “Shifts in the global economy will pave the way for extraordinary levels of cryptoassets and gold.” He has also indicated that current monetary policies will have an impact on asset prices, potentially allowing significant assets like Bitcoin to reach unexpected levels beyond their current status. These evaluations aim to provide insights into the impacts of different countries’ monetary expansion strategies on global markets.
